2. Isreal has been throwing all its eggs into one basket
Al
(01.25.10)
High Tech...Big Mistake
Not everyone is a tech wunderkind and not everyone is a Bio Tech Engineer.
Look at the USA..they have destroyed their manufacturing base.
Today they produce Lawyers and Gov't workers.
They are heading towards third world status.
Build whatever industrial base you have..Precision tool making and manufacturing.
Become an Austria or Germany.
Become specialists in machining and weapons building.
Guns that can fire without the high tech dreck..Tanks that run 24/7 with nothing etc.
Thats where the market is.
Good solid products that withstand time.
Never buy into the idea that one industry will carry you forever.
Dahan's way of managing Komverse:
March 2009 - layoff in comverse Germany, managers got golden parashutes.
End of 2009 - some of them are hired back and getting new cars, new benefits.