thermo Electron- #2- Eric Yoshikawa

While at first this strategy sounds very good, the idea of massing a bunch of companies together in a conglomerate. This however tends to do well for established companies. Such as GE owning GM and various other companies. Some argue if they have over extended themselves. Now back on the topic of Thermo Electron, more companies means more reports and earning statements. This means more money being spent. While this means that a few companies that aren't ass successful as other companies under Thermo Electron will bring them down. It also means that some of these companies will rush to produce products that might not be ready. Because whether you think it's true or not, they are competiting against each other. Take this for example, if one of the companies isn't doing as well as other companies there'll be more pressure to do atleast as well as that company. This will mean that the company will produce products that aren't quite ready for production. After all nobody wants to be financing the "black sheep" if you will. Buy having all of these companies under them, they are pushing companies to move faster then some of them really should be. Also as soon as Hatsopoulos stepped down as CEO in dropped about half of the companies it had aquired.