Wednesday, March 19, 2008

Beware of success, eh?

Ken Olsen, then-CEO of Digital Equipment Corporation, in January of 1992:
"I tell people don't pray for good times. Just pray that the good times won't last so long so that when bad times come, it won't hurt you so terribly bad."

















The bad times came. By June of 1992, Ken Olsen was out and Bob Palmer was in. By 1998, DEC was gone, sold to Compaq.

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