From: Stephen A.
* Wiki sez: "NewCo is a generic name used to refer to corporate spin-offs <http://en.wikipedia.org/wiki/Corporate_spin-off> and startups <http://en.wikipedia.org/wiki/Startup_company> before they are assigned a final name." Curious, eh? . in the homonyminous reverberations <g> "Nuko" > He wants to mass produce something, with shipments to start in a few months, so he builds his own brand new company to manufacture it, rather than having an established manufacturer do it. Does that make any sense at all? Well, the assumption which you are making (without justification) is that they (the Nuko-Newco) has not already arranged a partnership with a manufacturer of similar products. That kind of pre-arrangement is extremely easy to do in today's market where severe over-capacity and unemployment exist (automobiles, for instance). All it takes is planning. Greece is not known as a manufacturing powerhouse, but a quick check shows that there are a number of companies making trucks and auto parts: Theologou, Biamax, Sfakianakis, Saracakis, Namco, Neorion, ELBO, Petropoulos, Malkotsis, Scavas, AK Hellas, Attica, DIM, AutoDiana, Balkania, MAVA-Renault, MEBEA, Motoemil, Ros, SAM, and Styl Kar. Unemployment in Greece is similar to here - reported to be ~11% but probably half again higher. It is a mistake to sell Rossi short on 'smarts' or pre-planning. He may not be 'from the future', but everything he does so far seems to be well thought-out from the perspective of maximizing the value of his personal wealth in the near term. The problem is: many of us want to see 'altruism' of some kind in this development, such as giving away trade secrets. That is not going to happen. Jones
