Why, or Why?
Garmin is NOT in the indoor bike business and claiming that it is going to branch out into that sector is stupid.
Garmin has to stay with its core strengths: GPS and wearables!
This is stupid and I here talk as a longtime Garmin investor. So, I do have a right to be concerned. I have money in Garmin.
I was involved in a number of $100+ MILLION acquisitions in the late 1990s with Cisco — the then market leader in networking. We always worked on the adaje “don’t even think about buying a cow if you can get all the milk you need at a reasonable price”. Shame that nobody at Garmin knew of this basic rule of Mergers & Acquisitions (M&A). It is actually called the “Cow Rule”.
Garmin should be investing in health technology for its watches — blood pressure monitoring, diabetes etc.
Instead, it buys an unknown Dutch maker of indoor bike trainers. Blinking amazing. Typical Garmin.
Wikipedia entry for Route 130.
Click to ENLARGE and read here.
I have so far been lucky enough to drive this amazingly scenic and exhilarating route thrice; once West-to-East in 1992 and in both directions in April of this year — coming back East-to-West thanks to Teischan, who like I loved it, and insisted that we come back on it.
I used to go to San Jose often during 1992 to 2000. I would always see this beautiful observatory (the ‘Lick‘), with iconic white domes, way up on the hills. I wanted to go there. That is how I found Route 130. Then in September 1992, after delivering a 3-day seminar for Cisco in San Jose, we were going to drive to Yosemite for a vacation. I chose to use 130 given that I was already in San Jose and the route started just there. Loved it. I was driving a rental Lincoln Continental that time. I did make the mistake of setting off without a full tank of gas. That was a mistake. Though end-to-end, San Jose to Patterson is only around 54 miles, all the hairpin bends and the steep climbs — 4 of them — does a job on your fuel economy, especially in a big, heavy V8 like the Lincoln. In April I was driving a rental, fairly new 4WD Nissan Pathfinder. I filled up with gas on Alum Rock Avenue just before setting off.
Driving the Pathfinder on 130 was an absolute joy. That was why I wanted to get one — though we ended up, instead, with a Nissan Quest.
Every car manufacturer should use this route as a way to showcase their cars. I would love to drive it again, at least one, before I die — ideally in a Jag.
West-to-East, the first half, up to the Observatory is absolutely picturesque. You also get to see some expensive, multi-million dollar mansions. The second half, especially the last 20 miles is tranquil beyond description. Mainly flat pastoral land, horses, small streams, lots of greenery — extremely peaceful and quiet.
You really have to drive it. Weekends, as we found out, tend to be a tad crowded, though it is not bad. Lots of cyclists, motorbikes and even joggers. But we came back mid-week, on a Thursday. Hardly met anybody! Beautiful.
This piece from “motorcycleroads.us” sums it up nicely.
Click to ENLARGE and read here. (Use above link to access original.)
**** Search ‘Yosemite’ & ‘parks’ for MANY other related posts >>>>
by Anura Guruge
++++ Search on ‘Cisco’ for other posts >>>>
I knew John, talked with him a few times and have absolutely nothing against him. John is a good man. But as I said in November John has been doing this job for too long. 20 years is enough for anybody, even someone as good as John. This is a good move for all.
I have been wracking my brain all day but I cannot recall or place the new 49-year old CEO Chuck Robbins. He joined Cisco in 1997. I was doing a lot of work for Cisco at that time and visited them often. I consulted for them well into 2001. But Cisco was a big place.
I was happy to hear the news. John will still be around. I hope he doesn’t turn into a Jack Welch. I somehow doubt it. John has genuine class.
This stock chart, going back to Cisco’s IPO tells the whole story. Yes, I owned a lot of shares during the 1996 – 2002 period! Yes, I remember when it was above $80.
Why Hasn’t IBM, The Granddaddy Of Computers, And An American Treasure, Been Ask To Fix Bloody ObamaCare Website?
.by Anura Guruge
>> Obama lies about applications
>> — Oct. 20, 2013.
>> Obamacare Premiums for NH
>> — Oct. 18, 2103.
>> Third application for bloody Obamacare
>> — Oct. 16, 2013.
>> Mailing address for paper application
>> — Oct. 16, 2013.
>> Application says mail to ‘1005 XYZ Drive’ …
>> — Oct. 15, 2013.
>> Making PAPER application for Obamacare
>> — Oct. 9, 2013.
++++ Search on ‘healthcare’ or ‘Obama’ for other posts >>>>
This whole disaster, as I keep on pointing out, smacks so much of outright, unmitigated fraud.
It also highlights, indubitably, that Obama is beyond incompetent. He is a disaster. Yes, I now agree. Worst President ever and I AM VERY SORRY that I worked like a black to have him elected and re-elected. Yes, I had my doubts. I am, to the amazement and distress of some, an unashamed Hans Eysenck acolyte — he at his peak in Britain as I was growing up. So, I was worried that he might not be able to cope. BUT, I never, ever, imagined that he would prove to be such as total and utter disaster, an unmitigated failure. I am SORRY. I will not, for the rest of my life, make that mistake again.
Other than because of outright corruption and fraud why would you give such a crucial, multi-million, possibly multi-billion contract to BIT PLAYER IT companies — especially the Canadian-owned CGI with its horrible track-record.
Kickbacks and payola.
Where is Bryan ‘bloody’ Sivak 00 the supposed architect of this tower that collapsed. Why isn’t he being hauled up and investigated. I see that he has stopped Tweeting. Might have FLED the country to avoid having to answer awkward question.
Notice that when they talk about the scam-artist contractors involved in this disaster you don’t hear the names of GREAT U.S. IT Super-GIANTS like IBM, Oracle, EDS, Cisco, HP.
All you hear is bloody Canadian CGI.
Do YOU realize that the world, and that includes China, Korea, India, Germany, France, Britain, are LAUGHING, near hysterically, at the U.S.
This is such an insult to U.S. IT companies and people.
As I have been lobbying since 1988, IT is the ONE Technology Sphere where the U.S. has no equal.
AirBus now competes with Boeing.
Hyundai/Kia and is eating GM’s lunch.
But when it comes to IT, Intel, Microsoft, Adobe, Cisco, IBM, Facebook, Linkedin, Groupon, Twitter, Amazon, has NO COMPETITION.
U.S. IT is the envy of the universe.
And now this. I always knew that Eysenck was onto something.
IBM is by no means perfect (after I left). But, IBM doesn’t screw up like CGI. IBM has pedigree and with that pride.
What about EDS?
Obama is so stupid and corrupt.
I am SORRY.