Word: mammothly
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...bother with the Internet? If you want to make money on garage-sale paintings, look for the magnolias. Four paintings by 19th century realist Martin Johnson Heade have been purchased at garage sales and an estate sale for next to nothing in the past few years. Three fetched mammoth prices at Christie's; the fourth is on its way. Magnolias on a Wooden Table, bought by a Racine, Wis., resident for $5, will fetch $200,000 to $300,000, Christie's estimates, at auction on May 25. Two Magnolias on Blue Plush, which cost a Wausau, Wis., man $29, sold...
...hookup. They will link all their tens of thousands of suppliers into a single, Internet-based network. This entity will encompass $250 billion annually of suppliers' products (and perhaps an additional $500 billion of those suppliers' suppliers' products). In short, every penny of waste will be wrung from the mammoth procurement system. The order cycle will speed up dramatically. Medibuy aims for the same hat trick in medical supplies, DigitalThink in training, CarStation in the auto-body-shop world. This is the white-hot world of B2B (business to business) electronic commerce, which will soon encompass trillions upon trillions...
...think really big. In the next 10 or 20 years, what company could become so mammoth we'd look back and chuckle at the notion that we actually once considered GM or Wal-Mart a sizable outfit? It's possible to imagine a few candidates--but you have to crank your imagination surprisingly hard. Here's why: as the world's largest company, Wal-Mart this fiscal year will take inclose to $200 billion in revenue. Think for a minute about how much money that is. If you sold something expensive, like cars averaging $20,000, you'd have...
...would have thought that Time Warner (parent company of Time Inc., which publishes TIME) would be on its best behavior while awaiting regulatory approval for its mammoth merger with America Online. But in its effort to win an arm-wrestling match with Disney, TW displayed the attributes of some of its prize properties: the discretion of Jenny Jones, the gentleness of Tony Soprano...
Even though DePodesta considers himself "easily the junior member" of the A's organization, make no mistake: his post is one of both great influence and mammoth responsibility. The duties of an assistant GM vary by organization, but DePodesta's job description overlaps with General Manager Billy Beane's in many areas. The 27-year-old plays a prominent role in the execution of trades, free-agent signings, and the negotiations behind both...