* Posts by The Godfather

473 posts • joined 7 Oct 2011

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Lexmark splashes $1BEEEELION on Kofax

The Godfather
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Facepalm

Hex mark...

Made the mistake of buying one of their printers....NEVER again..

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Distribution of cream among EMC executive fat cats revealed

The Godfather
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Trollface

Well.....

Is EMC a Bank?

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Ark scoops £700m to host ALL UK.gov's data centre needs

The Godfather
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Meh

Safety hatch..

Taking a 25% stake in the business is a bit of a saver....

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All change at top of distie EntaTech as veep Atherton splits

The Godfather
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Pint

Cheers...

Jon did a great job there....the business is however ripe for the plucking...

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UK.gov in pre-election 'Google tax' blitz against internet firms

The Godfather
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Question...why just US owned internet companies...what about all those large, medium and even small corporates, who like internet companies. mitigate their tax through legitimate practices. HP, for example, pays zero corporation tax in the UK.............

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Violin Memory's strings snap as losses DOUBLE from last quarter

The Godfather
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FAIL

Visualize...

Cue the violin player...

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Ex-Systemax execs Carl & Gilbert Fiorentino jailed over $27m fraud

The Godfather
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Re: Punishment fitting the crime?

The restitution hearing will determine this. Question one must ask is how unique is this? in other words, is this a common theme in supply chain orchestration?

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Gamma Global goes titsup after running out of cash

The Godfather
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Another one bites the dust..

So, suppliers had credit insurance so it's OK to fail.... pfft....odds are they didn't given recent filings. Point is, if distributors are struggling to make a profit, brokers further down the chain feel it even more. This one has been heading for a fall for three years.

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Fears mount over future of hardware distributor Gamma Global

The Godfather
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Bang-wallop

Expect the inevitable....crash.

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You MUST supply dying customers even if they're in administration, thunders UK.gov

The Godfather
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WTF?

Lay off...

The issue here is quite simple. If, as a critical IT supplier to a business that suddenly goes down the pan into Administration, I am likely to have within my terms and conditions of supply a clause which will state that in the event of Insolvency or implied insolvency, I have a right to immediately cease supply.

If an Administrator wishes me to continue delivery in order that he (the Administrator), can maximise any recovery to fill his pockets and pay secured creditors, then he will have to put his hand into his own pocket and guarantee me payment for any ongoing supply. I may still be peeved that debt owed prior to Administration may not be paid and feel angry enough to stick two fingers up at any guaranteed future payment unless I can increase the charge to account for this.

I'm all for business recovery and continuity but there comes a point where the playing field has to be level and fair.

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Are virtualisation and the cloud SNUFFING OUT traditional backup software?

The Godfather
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rollox...!

That's it then...bought by EMC soon...

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UK biz Six Degrees puts up 'For Sale' sign outside corporate HQ

The Godfather
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Facepalm

Oh Dear...

Now there's a surprise....

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Arrow Electronics buys Computacenter tech disposal biz for £56m

The Godfather
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Pint

Yuuup, we'll add that

Diversification mode....

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IBM to cut '118k jobs worldwide' – report claims

The Godfather
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Surprise? noooo..

Cuts inevitable and on the cards....as for numbers, just wait and see, but they'll be plenty.

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Capita IT Services raises the axe AGAIN

The Godfather
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Pint

Sshhhhhhhhhhhhhhhhhhhhhh

Silence............

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Venture Capital investment in Silicon Valley hits dot-com boom levels

The Godfather
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8/10 Venture Capitalists (no matter what their size) know sweet FA about the business their money goes into. It's all generally a case of recommendation by others, copying others or taking a punt in the hope one several comes up trumps.

I've witnessed this in the channel, those heady days of dotcom and more recently with the arrival of cloud based technology, mobility and wearable tech.

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Hong Kong mogul mulls MULTI-BEELLION POUND bid for O2 – report

The Godfather
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Re: Anybody...

Errr, give them time and they'll buy all of them.

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Cash-burning Box makes yet ANOTHER IPO promise

The Godfather
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Should have gone to specsavers...

Baffling how dim and slow some of these investors are at times...time will tell

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Lenovo sings distie initiation song, adds Westcoast to line-up

The Godfather
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Angel

Won't be long...

Before that gap with HP decreases...mark my words...

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UK.gov prompt payment promise is POPPYCOCK - NAO

The Godfather
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Meh

Come on peeps...

Anything like the 'prompt payment code' initiated by Government is a load of bollocks. It just gets few headlines and gets buried...

Having said that, small or not have the balls to say no to 90 days or increase the charge accordingly to carry the cost.

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Happy Holidays! Misco axes ONE IN FIVE UK sales peeps: sources

The Godfather
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Unhappy

There may be trouble ahead...

Difficult times for Misco but others like them are not immune...

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IBM ushers in BIGGEST EVER re-org for the cloud era, say insiders

The Godfather
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Gadzooks...

IBM's strategy has been astute, and successful...hope this will not reverse things.

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Brit iPad sellers feel the pain of VAT-free imports

The Godfather
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Re: Puzzled too

True, but when buyers don't pay for kit and disappear, without paying VAT, what's to stop this kit being sold on again at a fantastic margin?

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Daisy Group: so long AIM, it's been emotional, sort of

The Godfather
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come come..

If you can't make money selling managed services, you may as well pack up and go home.

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UK slaps 25 per cent 'Google Tax' on tech multinationals

The Godfather
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Ah, but they won't..and why should they?

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The Godfather
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Meh

Pull the other one..it's got bells on

Wasted breath....nothing will come of this and it'll be buried amongst many other pre-election posturing elements

Fact is most don't show profit in the UK and that is deliberate and because UK rules allow it. Instead of taxing perceived diverted profit, deal with the root cause. Simply taxing it sends a message of 'OK boys, I know this may hurt a little but I have to demonstrate I'm doing something and really....it won't hurt much at all'

This is not just Google, Amazon, Starbucks et al...it's almost every vendor and even extends to distributors too. They're all at it, and why not, if the rules allow it and it's not illegal?

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IBM bags multi-billion dollar outsourcing deal with ABN AMRO

The Godfather
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Mushroom

It's mine...all mine

I take it this was never going to be passed through to channel players, aka IBM resellers

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Can't flog software for love nor money? UK mega-reseller Softcat probably ate your lunch

The Godfather
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Ace...

Great result..would be useful to see a breakdown of revenue growth and profit. Clearly gained market share from others.

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IDC: iPad sales CRASH incoming ... Win 8 killing 2-in-1 typoslabs

The Godfather
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Holmes

Can these analysts give me this Friday's lotto numbers please?

by 2030, we'll all be using telepathy....there...and there's no point replying coz I know what you're going to say. If you want my full report, it'll cost you just £5,000.

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Hungry Advanced Computer Software gets swallowed for £725m

The Godfather
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Wait for it.........

Plenty of leg room there to cut costs after this slurp at a high price.

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US taxmen won't say WHY they're probing Microsoft. So Redmond is suing the IRS

The Godfather
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Me Guv? nah, never

Over here, they just 'do a deal' with HMRC in terms of tax to be paid...I believe there is some digging in Europe about major names paying too little tax in Luxembourg.. 'Luxleaks'

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Let's vote on breaking up Google, say MEPs with NO power to do any such thing

The Godfather
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Mushroom

Ahem..

These MEP's wouldn't consider this if Google was a European business. Simple dislike of successful innovative technology companies that just happen to be US owned and global.

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Computacenter UK boss Muller: Happy New Year, folks... I'm off

The Godfather
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Bravo...

Always a good move to promote from within a successful business. It's success is down to people it employs.

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Windows Phone will snatch biz No 2 spot from Android – analyst

The Godfather
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Some crystal ball Nick Mcquire's got....I'd suggest it might be one of those that splurges white snow when shaken, obscuring the view somewhat.

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Former Systemax execs charged over $9m fraud, tax evasion

The Godfather
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Meh

Grease my palm...t's not just footie..

What about the bods that paid them?

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Giant bank IT cockup of 2012 'could have brought down ENTIRE financial system'

The Godfather
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Alert

Time to put up...

Never mind that, the boss's of Icelandic Bank are now serving terms for the fiddling they did...When are we going to see anyone over here in clink?

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Microsoft's Azure goes TITSUP PLANET-WIDE AGAIN in cloud FAIL

The Godfather
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You mean in-house stuff never fails?

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CSC set for ANOTHER re-org but no redundancies involved

The Godfather
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Meh

come off it....

Re-organisation without redundo's is like toast without butter...

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Microsoft tells resellers to use Office 365 as loss leader

The Godfather
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WTF?

b-llocks

Bit much to suggest resellers sell this at a loss in order to lock in and see a 'lifetime return'. What time period quantifies as a 'lifetime return' and can a Reseller absorb or even accommodate the up front loss and for how long?. These are Resellers we're talking about not some puffed up big vendor with loads of cash in bank...

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100+ trade buyers and private equity bods eyed up Kelway

The Godfather
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Bigger fish swallow..

Surprise in some ways that this has not happened sooner. Still, a great achievement by Phil in growing the business the way he has without masses of debt.

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The channel is changing – but if you're prepared, there's no need to fear

The Godfather
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ring it..

Indeed true...but the packaging et al, still centres on a desire to shift the same stuff (that fewer people want)

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UK print peddler Annodata slips ring on Berkshire firm's finger

The Godfather
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About time....

Really surprised it's taken this long for Keltec to find a buyer. Felt it should have happened more than 6 years ago.

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Sales down at UK's oldest tech distie: Northamber losses widen in fiscal '14

The Godfather
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Sad refrain..

Irreversible decline...as a tech distributor that is?

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Arrow ECS UK sales director Johnny Ellis set to exit building

The Godfather
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Movin on

Great contribution by Jonny over the years. After 20 years, good time to move on too.

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Avnet CEO: enterprise tech spending on the turn in fiscal Q1

The Godfather
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Alert

Bones creaking?

Tough times in traditional distribution....

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Ingram's CEO Monie: Show me the... Mobility, Mobility, Mobility

The Godfather
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Shifting focus...a bit..

Mobility rises to the occasion...but margins here must equally be as tight as a gnat's bum..

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Consumers start feeling the love as Chromebook sales surge

The Godfather
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Oh, I dunno..

Bought one for the wife just this week...perfect...she is in love with it. Light, easy to carry, no messy anti-virus to worry about and more joyously, no Microsoft updates to annoy her every day. Very fast login too..much faster than the HP laptop she had before.

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Ingram UK basks in rosy glow of ... successful cost-cutting

The Godfather
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Giving it away..

With gross margins like these, Distribution appears to have moved full circle, or reverted to a core function - simple fulfilment and logistics, but with no room for error.

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SPLITTERS! Symantec cleft in twain

The Godfather
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Happy

Re: Remind me: why all those acquisitions were good then?

Well spotted....

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