Dick Smith

[felix]

On 06-January-2016 1:27 PM, French wrote:

On 06-January-2016 12:25 PM, French wrote:
On 05-January-2016 11:37 PM, felix wrote:
On 05-January-2016 11:36 PM, French wrote:
On 05-January-2016 9:38 PM, DBR wrote:
French wrote:
On 05-January-2016 7:49 PM, Trevor Wilson wrote:
On 5/01/2016 7:16 PM, Max wrote:
It's so sad to see this store go. It was a niche store where you
knew
you could pick some items that the big electrical stores didn't
have.

What's the bet some small privately owned electronics stores will
start
opening up?

**It deserved to fail. I popped in just before Christmas to pick up
four
small items. None were in stock. I walked around to the nearest Big
Ben
computer store and managed to get 3 out of 4 items. The Big Ben
store is
around 30 sq Metres and the DSE store is closer to 300 sq
Metres. DSE
has been owned and run by idiots for the last few years.


Woolworths idiots.
Woolworths sold them to an investment group. They then managed to
list
it and make a packet on the deal just before puling out and
leaving the
business in a mess. At least that was the basics as described on ABC
radio today

I hadn't heard that news.

The otherwise good name of Dick Smith got totally f*cked over.

good name? he got rich selling poor quality overpriced junk


No he got rich by providing a valuable service to hundreds of mail order
customers.

other electronic companies had a mail order service, but I don't recall
their owners becoming billionaires

... make that thousands of mail order customers. Not everyone lives in
Sydney you know.

None of the electronic components I purchased off DSE were crap. They
were good quality at all times.

I would really like to see Trevor Wilson comment in this thread

--
"As long as there is this book [Koran] there will be no peace in the world"
-William Gladstone, four times PM of Great Britain
http://www.siotw.org/

 

On Wed, 06 Jan 2016 11:47:50 +1100, Petzl <petzlx@gmail.com> wrote:

On Wed, 06 Jan 2016 11:26:48 +1100, Jeßus <j@invalid.lan> wrote:

On Wed, 6 Jan 2016 07:53:41 +0800, Clocky <notgonna@happen.com> wrote:

On 6/01/2016 4:51 AM, Je?us wrote:
On Wed, 6 Jan 2016 00:37:02 +1100, felix <me@nothere.biz> wrote:

On 05-January-2016 11:36 PM, French wrote:
On 05-January-2016 9:38 PM, DBR wrote:

The otherwise good name of Dick Smith got totally f*cked over.

good name? he got rich selling poor quality overpriced junk

Care to cite an example? You seem to have an inexhaustible supply of
absolute crap at your disposal.



I think felix is just trolling so he can provide examples himself since
there are a few of them but it depends on how you look at it.

Yeah. I'm sure DS sold *some* questionable items. I mean, their
catalogue was huge by any standards. But on the whole it was mostly
decent stuff, or at least stuff hard to find anywhere else.

There was nothing wrong with their componentry, or their Yaesu gear,
for example.

Dick often sold a cheaper alternative to the popular and mainstream and
provided a gateway for more people to get into radio, computers and
technology that they otherwise would not have had.

The kits gave a lot of people their start in electronics also and for
those reasons and more, most glass-half-full people would look at what
Dick Smith achieved in a more positive light.

Agreed. There never has been any other kind of business that has come
close to bettering DS in it's heyday.

What was better, in Sydney, "behind", Queen Victoria Building, there
were a number of electronic stores close by in York Street, Tandy,
Dave Reid, Dick Smith, I can't remember others JayCar?
Made getting components easier (no Internet then)

Yes, in Sydney itself. Used to be some unreal shops in the city, going
back 30 or more years ago. And I don't just mean for electronic parts.

 

On Wed, 6 Jan 2016 09:14:50 +0800, "Max" <max@val.morgan> wrote:

"Clocky" <notgonna@happen.com> wrote in message
news:568bd90c$0$1516$c3e8da3$5496439d@news.astraweb.com...
On 5/01/2016 4:16 PM, Max wrote:
It's so sad to see this store go. It was a niche store where you knew
you could pick some items that the big electrical stores didn't have.



Places like Harvey Norman don't have as many electronic type items than Dick
Smith. And Jaycar doesn't have things like TVs, phones and computers.

Exactly. Why *should* Jaycar have TVs, phones and computers? That
market is completely and utterly saturated ten times over. I don't
want to see *any* of that stuff in Jaycar.

Dick Smith was your one stop shop. I think it was great. I was a frequent
customer.

You must be under 40 years old to say that. DSE in it's latter years
sucked at every market segment it strived to deal in.

 

[Xeno]

On 6/01/2016 3:56 PM, felix wrote:

On 06-January-2016 10:53 AM, Clocky wrote:
On 6/01/2016 4:51 AM, Je�us wrote:
On Wed, 6 Jan 2016 00:37:02 +1100, felix <me@nothere.biz> wrote:

On 05-January-2016 11:36 PM, French wrote:
On 05-January-2016 9:38 PM, DBR wrote:

The otherwise good name of Dick Smith got totally f*cked over.

good name? he got rich selling poor quality overpriced junk

Care to cite an example? You seem to have an inexhaustible supply of
absolute crap at your disposal.



I think felix is just trolling

every time I post something someone says that. get over yourselves..

so he can provide examples himself since there are a few of them but
it depends on how you look at it.

I couldn't care less if you believe it or not, but the fact is that
Dicky imported cheap poor quality electronic parts, plugs, connectors,
you name it, from Asia and China. until then the market was supplied
with quality (and more expensive) components mainly from Germany and
Europe, but businesses selling those parts then had to compete with
Dicky, and since they couldn't match his prices, they were forced to buy
and sell the same crap. Radio Parts being a prime example. I recall

I used to get a lot of stuff from Radio parts. One of my
responsibilities was the media room in the college and Radio Parts was
the best source of good quality gear in the 80s. Used their Nth
Melbourne store most of the time but occasionally used their Carnegie
store. I remember well the Radio Parts decline. They still have their
Nth Melbourne store. http://tinyurl.com/zluxvkd I wonder if they have
improved? Haven't been back for a good decade and a half at least.

One of the more interesting electronics hobbyist stores in Melbourne in
the 80s was Rod Irving Electronics. They kept a lot of good stuff and I
bought my first computer from them back when they only had their
Northcote Store. I knew Rod to talk to but he wasn't a very personable
chap. He spent most of his time up on the Mezzanine floor at his
Northcote Store, away from customers. I knew his manager, Greg Boot,
quite well. Greg opened up the A'Beckett Street store in Melbourne and
he eventually split it into 2 sections, the usual hobby stuff and,
upstairs, a computer software store. Not sure what the arrangement was
but it looks like Greg's little software business folded up too;
http://tinyurl.com/humu8qw

trying to use RCA plugs where the plastic was so brittle that they broke
apart in use or assembly,

I remember those well. You only had to breathe near the plastic covers
and they would crack. Kid glove treatment needed all the way. I used to
hate those aftermarket RCA plugs and sockets as I was always modifying
audio stuff.

and the metal parts so flimsy that they came
off when you tried to solder them. they were not tinned like the German
products were, and needed to be scraped for the solder to take, and
needed so much heat that they often just melted off the plastic if you
weren't careful.

Yep, done that too.

Dick often sold a cheaper alternative to the popular and mainstream
and provided a gateway for more people to get into radio, computers
and technology that they otherwise would not have had.

The kits gave a lot of people their start in electronics also and for
those reasons and more, most glass-half-full people would look at what
Dick Smith achieved in a more positive light.

I used to buy a few mail order items from Dick Smith back in the 70s
when I was working in the mines in WA. Apart from various kits, one of
the items I bought was my Yaesu FRG7. After WA, I took the FRG7 to
Indonesia. That beast still exists and lives in Vic. I sold it to a
friend when I left Indonesia.

yes, his kits were instructional but expensive for what you got.

Apart from the standard EA type kits he sold, a lot of his kits were for
kids. I was more into computers in the 80s anyway.



--

Xeno

 

[Phil Allison]

Xeno wrote:

One of the more interesting electronics hobbyist stores in Melbourne in
the 80s was Rod Irving Electronics. They kept a lot of good stuff and I
bought my first computer from them back when they only had their
Northcote Store. I knew Rod to talk to but he wasn't a very personable
chap. He spent most of his time up on the Mezzanine floor at his
Northcote Store, away from customers.

** Sounds like a good idea.

I made a one, mail order purchase from RIE in 1987. 100 Motorola power transistors - 50 each of MJ15003 and MJ15004, or at least that is what they were labelled.

Their scruffy appearance worried me, so I did few tests and found they did not meet important specs for the types. An early morning phone call to Motorla's head office in Phoenix comfirmed they were fake - old stock 2N3055s and MJ2955s relabelled as the much more expensive parts with fake date codes to.

When I finally got to speak with Rod on the phone, he admitted buying them from Ellistronics. Turned out Jaycar had a few hundred of them on hand too, from the same source.

So they could not be sold on to any others, I removed the fake labelling with acetone and returned them for a refund - which prompted a letter from Rod's lawyer complaining about this because it "... prevented his client getting a refund from his suppliers ".

I eventually got my money back, after EA mag published photos of the fakes with a warning about such counterfeits and advice to buy only from authorised Motorola resellers.



..... Phil

 

[F Murtz]

Petzl wrote:

On Wed, 06 Jan 2016 15:07:45 +1100, F Murtz <haggisz@hotmail.com
wrote:

Jeßus wrote:
On Wed, 6 Jan 2016 00:37:02 +1100, felix <me@nothere.biz> wrote:

On 05-January-2016 11:36 PM, French wrote:
On 05-January-2016 9:38 PM, DBR wrote:

The otherwise good name of Dick Smith got totally f*cked over.

good name? he got rich selling poor quality overpriced junk

Care to cite an example? You seem to have an inexhaustible supply of
absolute crap at your disposal.



Still kicking my self that I did not get a petrol powered pogo stick.

Couldn't you get a voucher for one from Dick?
http://www.smh.com.au/business/dick-smith-accused-of-pumping-up-gift-voucher-sales-20160105-gm0432.html
http://bit.ly/1Jt3OUk

What!from umpteen years ago, they only had them for a short period when
dick still owned it, probably would not be allowed to sell them now.

 

[F Murtz]

felix wrote:

On 06-January-2016 1:27 PM, French wrote:
On 06-January-2016 12:25 PM, French wrote:
On 05-January-2016 11:37 PM, felix wrote:
On 05-January-2016 11:36 PM, French wrote:
On 05-January-2016 9:38 PM, DBR wrote:
French wrote:
On 05-January-2016 7:49 PM, Trevor Wilson wrote:
On 5/01/2016 7:16 PM, Max wrote:
It's so sad to see this store go. It was a niche store where you
knew
you could pick some items that the big electrical stores didn't
have.

What's the bet some small privately owned electronics stores will
start
opening up?

**It deserved to fail. I popped in just before Christmas to pick up
four
small items. None were in stock. I walked around to the nearest Big
Ben
computer store and managed to get 3 out of 4 items. The Big Ben
store is
around 30 sq Metres and the DSE store is closer to 300 sq
Metres. DSE
has been owned and run by idiots for the last few years.


Woolworths idiots.
Woolworths sold them to an investment group. They then managed to
list
it and make a packet on the deal just before puling out and
leaving the
business in a mess. At least that was the basics as described on ABC
radio today

I hadn't heard that news.

The otherwise good name of Dick Smith got totally f*cked over.

good name? he got rich selling poor quality overpriced junk


No he got rich by providing a valuable service to hundreds of mail order
customers.



other electronic companies had a mail order service, but I don't recall
their owners becoming billionaires


... make that thousands of mail order customers. Not everyone lives in
Sydney you know.

None of the electronic components I purchased off DSE were crap. They
were good quality at all times.





I would really like to see Trevor Wilson comment in this thread

Inject some firearms or AGW and you will.

 

[Petzl]

On Wed, 06 Jan 2016 19:05:52 +1100, F Murtz <haggisz@hotmail.com>
wrote:

Petzl wrote:
On Wed, 06 Jan 2016 15:07:45 +1100, F Murtz <haggisz@hotmail.com
wrote:

Jeßus wrote:
On Wed, 6 Jan 2016 00:37:02 +1100, felix <me@nothere.biz> wrote:

On 05-January-2016 11:36 PM, French wrote:
On 05-January-2016 9:38 PM, DBR wrote:

The otherwise good name of Dick Smith got totally f*cked over.

good name? he got rich selling poor quality overpriced junk

Care to cite an example? You seem to have an inexhaustible supply of
absolute crap at your disposal.



Still kicking my self that I did not get a petrol powered pogo stick.

Couldn't you get a voucher for one from Dick?
http://www.smh.com.au/business/dick-smith-accused-of-pumping-up-gift-voucher-sales-20160105-gm0432.html
http://bit.ly/1Jt3OUk

What!from umpteen years ago, they only had them for a short period when
dick still owned it, probably would not be allowed to sell them now.

Trying to get a hoverboard to blow up parliament but "they're" onto
the threat
http://www.9news.com.au/national/2016/01/06/07/20/statewide-crackdown-on-hoverboards-in-vic
http://bit.ly/1O4FRSe
Saw one sold on ebay for $697
http://ebay.to/1O4FLKk
--
Petzl

 

[Petzl]

On Wed, 06 Jan 2016 19:06:55 +1100, F Murtz <haggisz@hotmail.com>
wrote:

I would really like to see Trevor Wilson comment in this thread

Inject some firearms or AGW and you will.

Yes he's a religious zealot!
My sig sniff's them out
--
Petzl
What perfect set of circumstances placed our Sun a Celestial ball of fire at just the correct distance from our little blue planet for life to evolve?
All simply conicidence?
The very fact we exist is nothing but the result of a complex yet inevitable string of chemical accidents and biological mutations?
There is no Grand meaning; There is no purpose

 

[pedro]

Surpsing as it for me, I find myself agreeing with Twev when on Tue, 5
Jan 2016 20:52:36 +1100, Trevor Wilson
<trevor@SPAMBLOCKrageaudio.com.au> wrote:

>It's Element14, RS Components and WES only now. X-On and Rockby as well.

 

[pedro]

On Wed, 6 Jan 2016 00:40:23 +1100, felix <me@nothere.biz> wrote:

and how ironic it is that after decades of creating his personal wealth
by selling poor quality overpriced imported products

You left out illegal-to-possess-or-operate 27MHz CB's - that's where a
large part of his personal wealth accriued

he is now the
champion of buy Australian and support Australian industry. maybe his
conscience finally got to him

No, he decided he could make money out of that angle with his
"home-grown Aussie" products.

 

[Xeno]

On 6/01/2016 6:40 PM, Phil Allison wrote:

Xeno wrote:


One of the more interesting electronics hobbyist stores in Melbourne in
the 80s was Rod Irving Electronics. They kept a lot of good stuff and I
bought my first computer from them back when they only had their
Northcote Store. I knew Rod to talk to but he wasn't a very personable
chap. He spent most of his time up on the Mezzanine floor at his
Northcote Store, away from customers.


** Sounds like a good idea.

It probably was. I wonder what's become of Rod now?

I made a one, mail order purchase from RIE in 1987. 100 Motorola power transistors - 50 each of MJ15003 and MJ15004, or at least that is what they were labelled.

Their scruffy appearance worried me, so I did few tests and found they did not meet important specs for the types. An early morning phone call to Motorla's head office in Phoenix comfirmed they were fake - old stock 2N3055s and MJ2955s relabelled as the much more expensive parts with fake date codes to.

When I finally got to speak with Rod on the phone, he admitted buying them from Ellistronics. Turned out Jaycar had a few hundred of them on hand too, from the same source.

Looks like a few people got clipped!

So they could not be sold on to any others, I removed the fake labelling with acetone and returned them for a refund - which prompted a letter from Rod's lawyer complaining about this because it "... prevented his client getting a refund from his suppliers ".

I eventually got my money back, after EA mag published photos of the fakes with a warning about such counterfeits and advice to buy only from authorised Motorola resellers.



..... Phil

I didn't buy much in the way of components from RIE. Used Radio Parts
for much of that. Was known to buy stuff at the DSE store in Bridge
Road, Richmond but that was more a convenience thing since I worked just
opposite the Richmond Baths a bit further along Bridge Road.


--

Xeno

 

[Sylvia Else]

On 6/01/2016 12:14 PM, Max wrote:

"Clocky" <notgonna@happen.com> wrote in message
news:568bd90c$0$1516$c3e8da3$5496439d@news.astraweb.com...
On 5/01/2016 4:16 PM, Max wrote:
It's so sad to see this store go. It was a niche store where you knew
you could pick some items that the big electrical stores didn't have.



Places like Harvey Norman don't have as many electronic type items than
Dick Smith. And Jaycar doesn't have things like TVs, phones and computers.

Dick Smith was your one stop shop. I think it was great. I was a
frequent customer.

DSE didn't sell food or clothing.

Sylvia

 

[Chris Jones]

On 06/01/2016 14:07, Phil Allison wrote:

French wrote:


Disk's original (?) store was at Red Hill or Rooty Hill (??) my memory
is failing me a bit now.


** The first DSE business opened in Artarmon in 1968, doing car radio installation & repair. It soon moved to larger premises in St Leonards.

Components were a side line and then became a main line of business, along with kits. DSE competed with a similar business called Kit Sets, which started in Dee Why and then moved to a city location not far from the DSE store in York Street.



He provided many components and kits for projects published by the
Electronics Australia magazine. Several of which I made in those
younger years.

Interesting to see a couple of familiar names from EA days - Jim Rowe
and Leo Simpson still involved in the Silicon Chip magazine.


** Jim Rowe worked for DSE for a time, as Dick's technical manager IIRC, then returned to EA magazine in the late 1980s as managing editor.


.... Phil

I guess most of you guys have seen this video:
https://www.youtube.com/watch?v=V1eivQNtulE

and this series of videos:
https://www.youtube.com/watch?v=9aJXBreNyZg

 

[felix]

On 06-January-2016 6:02 PM, Xeno wrote:

On 6/01/2016 3:56 PM, felix wrote:
On 06-January-2016 10:53 AM, Clocky wrote:
On 6/01/2016 4:51 AM, Je�us wrote:
On Wed, 6 Jan 2016 00:37:02 +1100, felix <me@nothere.biz> wrote:

On 05-January-2016 11:36 PM, French wrote:
On 05-January-2016 9:38 PM, DBR wrote:

The otherwise good name of Dick Smith got totally f*cked over.

good name? he got rich selling poor quality overpriced junk

Care to cite an example? You seem to have an inexhaustible supply of
absolute crap at your disposal.



I think felix is just trolling

every time I post something someone says that. get over yourselves..

so he can provide examples himself since there are a few of them but
it depends on how you look at it.

I couldn't care less if you believe it or not, but the fact is that
Dicky imported cheap poor quality electronic parts, plugs, connectors,
you name it, from Asia and China. until then the market was supplied
with quality (and more expensive) components mainly from Germany and
Europe, but businesses selling those parts then had to compete with
Dicky, and since they couldn't match his prices, they were forced to buy
and sell the same crap. Radio Parts being a prime example. I recall

I used to get a lot of stuff from Radio parts. One of my
responsibilities was the media room in the college and Radio Parts was
the best source of good quality gear in the 80s. Used their Nth
Melbourne store most of the time

I used to go in there a lot. may have bumped shoulders with you
sometime..

but occasionally used their Carnegie store. I remember well the Radio
Parts decline. They still have their Nth Melbourne store.
http://tinyurl.com/zluxvkd I wonder if they have improved? Haven't
been back for a good decade and a half at least.

they did a 'Dick Smith'. went out of electronic parts and into retail of
hifi, tv's, antenna's, home security, car alarms, etc.,

One of the more interesting electronics hobbyist stores in Melbourne
in the 80s was Rod Irving Electronics. They kept a lot of good stuff
and I bought my first computer from them back when they only had their
Northcote Store. I knew Rod to talk to but he wasn't a very personable
chap. He spent most of his time up on the Mezzanine floor at his
Northcote Store, away from customers. I knew his manager, Greg Boot,
quite well. Greg opened up the A'Beckett Street store in Melbourne and
he eventually split it into 2 sections, the usual hobby stuff and,
upstairs, a computer software store. Not sure what the arrangement was
but it looks like Greg's little software business folded up too;
http://tinyurl.com/humu8qw

trying to use RCA plugs where the plastic was so brittle that they broke
apart in use or assembly,

I remember those well. You only had to breathe near the plastic covers
and they would crack. Kid glove treatment needed all the way. I used
to hate those aftermarket RCA plugs and sockets as I was always
modifying audio stuff.

and the metal parts so flimsy that they came
off when you tried to solder them. they were not tinned like the German
products were, and needed to be scraped for the solder to take, and
needed so much heat that they often just melted off the plastic if you
weren't careful.

Yep, done that too.


Dick often sold a cheaper alternative to the popular and mainstream
and provided a gateway for more people to get into radio, computers
and technology that they otherwise would not have had.

The kits gave a lot of people their start in electronics also and for
those reasons and more, most glass-half-full people would look at what
Dick Smith achieved in a more positive light.

I used to buy a few mail order items from Dick Smith back in the 70s
when I was working in the mines in WA. Apart from various kits, one of
the items I bought was my Yaesu FRG7. After WA, I took the FRG7 to
Indonesia. That beast still exists and lives in Vic. I sold it to a
friend when I left Indonesia.


yes, his kits were instructional but expensive for what you got.

Apart from the standard EA type kits he sold, a lot of his kits were
for kids. I was more into computers in the 80s anyway.

--
"As long as there is this book [Koran] there will be no peace in the world"
-William Gladstone, four times PM of Great Britain
http://www.siotw.org/

 

[keithr]

On 6/01/2016 10:26 AM, Je�us wrote:

On Wed, 6 Jan 2016 07:53:41 +0800, Clocky <notgonna@happen.com> wrote:

On 6/01/2016 4:51 AM, Je?us wrote:
On Wed, 6 Jan 2016 00:37:02 +1100, felix <me@nothere.biz> wrote:

On 05-January-2016 11:36 PM, French wrote:
On 05-January-2016 9:38 PM, DBR wrote:

The otherwise good name of Dick Smith got totally f*cked over.

good name? he got rich selling poor quality overpriced junk

Care to cite an example? You seem to have an inexhaustible supply of
absolute crap at your disposal.



I think felix is just trolling so he can provide examples himself since
there are a few of them but it depends on how you look at it.

Yeah. I'm sure DS sold *some* questionable items. I mean, their
catalogue was huge by any standards. But on the whole it was mostly
decent stuff, or at least stuff hard to find anywhere else.

There was nothing wrong with their componentry, or their Yaesu gear,
for example.

Dick often sold a cheaper alternative to the popular and mainstream and
provided a gateway for more people to get into radio, computers and
technology that they otherwise would not have had.

The kits gave a lot of people their start in electronics also and for
those reasons and more, most glass-half-full people would look at what
Dick Smith achieved in a more positive light.

Agreed. There never has been any other kind of business that has come
close to bettering DS in it's heyday.

I learned why Dick got rich when I went to Japan in 1980 and found that
I could buy the same stuff that Dicky was selling at one third the price
retail. Even after expenses he must have been making close to 100% markup.

 

[Computer Nerd Kev]

In aus.electronics pedro <me@privacy.net> wrote:

On Wed, 6 Jan 2016 00:40:23 +1100, felix <me@nothere.biz> wrote:

and how ironic it is that after decades of creating his personal wealth
by selling poor quality overpriced imported products

You left out illegal-to-possess-or-operate 27MHz CB's - that's where a
large part of his personal wealth accriued

Unless you have a radio licence, in which case they were no more illegal
than any of the ones that can be bought easily today.

he is now the
champion of buy Australian and support Australian industry. maybe his
conscience finally got to him

No, he decided he could make money out of that angle with his
"home-grown Aussie" products.

He donates any profits to charity.

--
__ __
#_ < |\| |< _#

 

On Wed, 6 Jan 2016 10:24:17 +0800, "Max" <max@val.morgan> wrote:

"Jeßus" <j@invalid.lan> wrote in message
news:8lso8b5elm7ckee7u8lbgjafr5lgff2ej4@4ax.com...
On Wed, 6 Jan 2016 08:24:27 +0800, "Max" <max@val.morgan> wrote:


"Sylvia Else" <sylvia@not.at.this.address> wrote in message
news:df1fa9Fh3buU1@mid.individual.net...
On 5/01/2016 7:16 PM, Max wrote:
It's so sad to see this store go. It was a niche store where you knew
you could pick some items that the big electrical stores didn't have.

What's the bet some small privately owned electronics stores will start
opening up?

Like Jaycar?


Different set of products to Dick Smith. I know I said 'electronics' but
I
meant what Dick Smith does.

You can buy computers and peripherals from Dick Smith. Earphones, TVs, TV
aerials etc. It's a mix of electricals, computing and electronics and I
think there is a market for it.

That must be why DSE's business model was so successful in the long
term?

This is a good article about why Dick Smith has failed recently:
http://www.news.com.au/finance/business/retail/the-dick-smith-disaster-explained-in-five-easy-steps/news-story/b95f243d54f423ced869b8ec77838046

A private equity firm played funny buggers with it.

private equity firm = criminals (in a perfect world).

 

On Wed, 6 Jan 2016 14:57:17 +1000, French <pw_112@gmail.com> wrote:

On 06-January-2016 12:24 PM, Max wrote:

"Jeßus" <j@invalid.lan> wrote in message
news:8lso8b5elm7ckee7u8lbgjafr5lgff2ej4@4ax.com...


This is a good article about why Dick Smith has failed recently:
http://www.news.com.au/finance/business/retail/the-dick-smith-disaster-explained-in-five-easy-steps/news-story/b95f243d54f423ced869b8ec77838046


A private equity firm played funny buggers with it.


Yes and only for the sole purpose of destroying a fine company and
hijacking big $$ for themselves.

The co-lateral damage to employees, families etc will be enormous. But
the hijackers have left the scene & laugh all the way to their swiss
bank accounts.

In this day and age, if you want to be a criminal with little to no
legal consequences, join a private equity firm.

 

[Phil Allison]

Chris Jones wrote:

I guess most of you guys have seen this video:
https://www.youtube.com/watch?v=V1eivQNtulE

and this series of videos:
https://www.youtube.com/watch?v=9aJXBreNyZg

** No mention of Radio Despatch Service ?

The store was in George Street, near the Harris Street corner.

Narrow shop with a long counter and no self service - usually packed with customers on a Saturday morning.

The best new component supplier in Sydney throughout the 1970s.

Died a horrible death when they sacked the long time manager ( Geoff Wood ) and tried to remodel the store in the 1980s.


..... Phil