The man I mean, not the store.

Decades ago when he sold the business, he sold his name with it. Maybe that was the dealmaker and he had no option, I don't know.
Now he's stuck with a lot of the ill will because there is a huge number of people out there who still think it's his store.

Now he's making noises about what awful people they were who bought it most recently and made a pretence of tarting it up. There is even some talk of a lawsuit.
But that would likely be a waste of time. The people concerned probably don't even live here and anyway they would have only been the front for the money people who made off with the hundreds of millions and left about $400 million debt behind.

So don't get involved in a lawsuit Dick, you'll just do your dough.

bogarde73 wrote on Jan 15^th, 2016 at 8:09am:

Decades ago when he sold the business, he sold his name with it

I doubt he had a choice ... the people buying the store weren't going to give away the goodwill associated with the brand 'Dick Smith', not without it greatly affecting Dicks sale price.

I was thinking much the same thing.
The new owners of the business, keeping and using his good name he made in the industry. There should have been a stipulation that after a year or so, once the new business owners got a foothold, should have applied for a name change.

There is a health industry I am a member of, that had their name right up there on the corporate ladder world wide, and recently, changed hands and changed their name, and the products names, this was one area where it should have stayed the same, because it wasn't anyone's personal name, like Dick Smith had. I feel a bit put off since this health industry made too many huge changes, can't even log on the old way.
I have a feeling business is plummeting a bit, and they should have kept the same name, with the same product labels that we all knew so well.

Funny thing is, a name change can work for some corporate businesses, but not all.

As for Dick Smith Electronics, perhaps an update in name should have been the go.

Now his own personal name seems tainted.

I feel very sorry for the guy, being someone I regard as a great Australian.

I went into Dick Smith's two days ago to buy a TV cable. All they had was 6 meter lengths for $29.00. So I went over to K Mart and got a 3 meter cable for $5.00.

Sophia wrote on Jan 15^th, 2016 at 8:30am:

I was thinking much the same thing. The new owners of the business, keeping and using his good name he made in the industry. There should have been a stipulation that after a year or so, once the new business owners got a foothold, should have applied for a name change. There is a health industry I am a member of, that had their name right up there on the corporate ladder world wide, and recently, changed hands and changed their name, and the products names, this was one area where it should have stayed the same, because it wasn't anyone's personal name, like Dick Smith had. I feel a bit put off since this health industry made too many huge changes, can't even log on the old way. I have a feeling business is plummeting a bit, and they should have kept the same name, with the same product labels that we all knew so well. Funny thing is, a name change can work for some corporate businesses, but not all. As for Dick Smith Electronics, perhaps an update in name should have been the go. Now his own personal name seems tainted.

I think Penis Smith might not have flown. The there is the problem of the logo.

issuevoter wrote on Jan 15^th, 2016 at 12:34pm:

I went into Dick Smith's two days ago to buy a TV cable. All they had was 6 meter lengths for $29.00. So I went over to K Mart and got a 3 meter cable for $5.00.

Yep that can happen. Is cable quality. single , dual or quad core the same?

issuevoter wrote on Jan 15^th, 2016 at 12:34pm:

I went into Dick Smith's two days ago to buy a TV cable. All they had was 6 meter lengths for $29.00. So I went over to K Mart and got a 3 meter cable for $5.00.

Which didn't reach. But it was cheap.

issuevoter wrote on Jan 15^th, 2016 at 12:34pm:

I went into Dick Smith's two days ago to buy a TV cable. All they had was 6 meter lengths for $29.00. So I went over to K Mart and got a 3 meter cable for $5.00.

I went to Dick Smith for some basic components.  The store guy said we don't sell them anymore and told me to go to Jaycar....maybe the real Dick Smith now owns Jaycar?  :D 

bogarde73 wrote on Jan 15^th, 2016 at 8:43am:

I feel very sorry for the guy, being someone I regard as a great Australian.

...maybe he can buy it back again?  I hear it's going cheap.....

bogarde73 wrote on Jan 15^th, 2016 at 8:43am:

I feel very sorry for the guy, being someone I regard as a great Australian.

Dick Smith is a global warming crank like Al Gore, he flies around in his personal helicopter while exhorting others to go without in order to save the planet.

Also, now that he has cashed in his capitalist chips and cleaned up he is anti capitalism. 

Well all of his opinions may not be the same as yours or mine but that doesn't change my view that he is a great Australian of his generation.

He started a business from scratch as a kid and built it into a huge successful operation which served many customers well for a long time.
After he decided to leave that behind  - and I doubt he had any idea it would end in the chaos & scandal it has many years later - he went on to render valuable service in the air safety field and other business ventures.

And in the twilight of his life I find it sad that he would be feeling, as I'm sure he must, that his name is being associated with this mess.

But that's just my opinion.

bogarde73 wrote on Jan 15^th, 2016 at 2:31pm:

Well all of his opinions may not be the same as yours or mine but that doesn't change my view that he is a great Australian of his generation. He started a business from scratch as a kid and built it into a huge successful operation which served many customers well for a long time. After he decided to leave that behind  - and I doubt he had any idea it would end in the chaos & scandal it has many years later - he went on to render valuable service in the air safety field and other business ventures. And in the twilight of his life I find it sad that he would be feeling, as I'm sure he must, that his name is being associated with this mess. But that's just my opinion.

OK sure, I agree that he was a great Australian once, a real go getter that we could all look up to, but now he has morphed into a hypocrite, I guess the ever changing circumstances that one finds themselves in shapes their thinking.

Its like if I was dropped into Saudi Arabia and surrounded by a bunch of sword wielding donkey rapists that demanded that I convert to islam or get arse reamed and beheaded instead, I'd be like where do I sign  ;D 

innocentbystander. wrote on Jan 15^th, 2016 at 2:50pm:

Its like if I was dropped into Saudi Arabia and surrounded by a bunch of sword wielding donkey rapists that demanded that I convert to islam or get arse reamed and beheaded instead, I'd be like where do I sign

Beheading would be a waste of time for Innocentbystander. It already performs like an escaped headless chook.

Swagman wrote on Jan 15^th, 2016 at 1:38pm:

I went to Dick Smith for some basic components.  The store guy said we don't sell them anymore

Originally it was an electronics store (which is why they called it Dick Smith Electronics I guess) but in later years it just became a clone of JB HiFi. That was it's downfall

The_Barnacle wrote on Jan 16^th, 2016 at 12:37pm:

Swagman wrote on Jan 15th, 2016 at 1:38pm: I went to Dick Smith for some basic components.  The store guy said we don't sell them anymore   Originally it was an electronics store (which is why they called it Dick Smith Electronics I guess) but in later years it just became a clone of JB HiFi. That was it's downfall

Yep just another box shifter with over inflated prices and the punters fell over themselves to pay 500 million to float this garbage :(

Sir lastnail wrote on Jan 16^th, 2016 at 12:45pm:

The_Barnacle wrote on Jan 16th, 2016 at 12:37pm: Swagman wrote on Jan 15th, 2016 at 1:38pm: I went to Dick Smith for some basic components.  The store guy said we don't sell them anymore   Originally it was an electronics store (which is why they called it Dick Smith Electronics I guess) but in later years it just became a clone of JB HiFi. That was it's downfall Yep just another box shifter with over inflated prices and the punters fell over themselves to pay 500 million to float this garbage :(

Hi sir Nail,
when they bought Dick Smith's shops they changed his successful business model.

Now Jaycar has taken a lot of business that Tricky Dicky used to have.

The_Barnacle wrote on Jan 16^th, 2016 at 12:37pm:

Swagman wrote on Jan 15th, 2016 at 1:38pm: I went to Dick Smith for some basic components.  The store guy said we don't sell them anymore   Originally it was an electronics store (which is why they called it Dick Smith Electronics I guess) but in later years it just became a clone of JB HiFi. That was it's downfall

True, but greed incorporated knew it wasn't going to be able to steal 500 million dollars from shareholders by selling  capacitors and resistors.  ;D

innocentbystander. wrote on Jan 16^th, 2016 at 1:07pm:

The_Barnacle wrote on Jan 16th, 2016 at 12:37pm: Swagman wrote on Jan 15th, 2016 at 1:38pm: I went to Dick Smith for some basic components.  The store guy said we don't sell them anymore   Originally it was an electronics store (which is why they called it Dick Smith Electronics I guess) but in later years it just became a clone of JB HiFi. That was it's downfall True, but greed incorporated knew it wasn't going to be able to steal 500 million dollars from shareholders by selling  capacitors and resistors.  ;D

So - you believe it was never a genuine business but only a scam
to make money by issuing $500 million in shares for a $30 million business?

innocentbystander. wrote on Jan 16^th, 2016 at 1:07pm:

The_Barnacle wrote on Jan 16th, 2016 at 12:37pm: Swagman wrote on Jan 15th, 2016 at 1:38pm: I went to Dick Smith for some basic components.  The store guy said we don't sell them anymore   Originally it was an electronics store (which is why they called it Dick Smith Electronics I guess) but in later years it just became a clone of JB HiFi. That was it's downfall True, but greed incorporated knew it wasn't going to be able to steal 500 million dollars from shareholders by selling  capacitors and resistors.  ;D

It's more or less the same attitude of banks in this country supporting house flippers rather than entrepreneurship. In the end the punters got the business they deserved.

Bobby. wrote on Jan 16^th, 2016 at 2:34pm:

innocentbystander. wrote on Jan 16th, 2016 at 1:07pm: The_Barnacle wrote on Jan 16th, 2016 at 12:37pm: Swagman wrote on Jan 15th, 2016 at 1:38pm: I went to Dick Smith for some basic components.  The store guy said we don't sell them anymore   Originally it was an electronics store (which is why they called it Dick Smith Electronics I guess) but in later years it just became a clone of JB HiFi. That was it's downfall True, but greed incorporated knew it wasn't going to be able to steal 500 million dollars from shareholders by selling  capacitors and resistors.  ;D So - you believe it was never a genuine business but only a scam to make money by issuing $500 million in shares for a $30 million business?

Private equity paid 90 million before it was offloaded onto the gullible public. They must have realized they bought a lemon so they offloaded it onto the gullible public and then preceded to divest themselves of their shareholdings before the punters wised up to it.

Sir lastnail wrote on Jan 16^th, 2016 at 5:07pm:

Private equity paid 90 million before it was offloaded onto the gullible public. They must have realized they bought a lemon so they offloaded it onto the gullible public and then preceded to divest themselves of their shareholdings before the punters wised up to it.

Hi sir Nail,
the fraud squad should investigate it.

Bobby. wrote on Jan 16^th, 2016 at 5:10pm:

Sir lastnail wrote on Jan 16th, 2016 at 5:07pm: Private equity paid 90 million before it was offloaded onto the gullible public. They must have realized they bought a lemon so they offloaded it onto the gullible public and then preceded to divest themselves of their shareholdings before the punters wised up to it. Hi sir Nail, the fraud squad should investigate it.

Like I always say a share is only worth what the bigger fool is willing to pay for it !

John Smith wrote on Jan 15^th, 2016 at 8:23am:

bogarde73 wrote on Jan 15th, 2016 at 8:09am: Decades ago when he sold the business, he sold his name with it I doubt he had a choice ... the people buying the store weren't going to give away the goodwill associated with the brand 'Dick Smith', not without it greatly affecting Dicks sale price.

He sold the store with a name bearing his own name. If he had started it under a different name, that name would have stayed as well.

I very much doubt anyone is blaming the actual Dick Smith for this fiasco. I know that people can be extraordinarily dim, at times, but that would be a stretch, even for them.

The_Barnacle wrote on Jan 16^th, 2016 at 12:37pm:

Swagman wrote on Jan 15th, 2016 at 1:38pm: I went to Dick Smith for some basic components.  The store guy said we don't sell them anymore   Originally it was an electronics store (which is why they called it Dick Smith Electronics I guess) but in later years it just became a clone of JB HiFi. That was it's downfall

It's often the way with new owners of an already successful business. They think they know better and then go ahead and change everything from what it was to something new... and then it fails. Not always of course, but more often than not.

mariacostel wrote on Jan 16^th, 2016 at 5:25pm:

The_Barnacle wrote on Jan 16th, 2016 at 12:37pm: Swagman wrote on Jan 15th, 2016 at 1:38pm: I went to Dick Smith for some basic components.  The store guy said we don't sell them anymore   Originally it was an electronics store (which is why they called it Dick Smith Electronics I guess) but in later years it just became a clone of JB HiFi. That was it's downfall It's often the way with new owners of an already successful business. They think they know better and then go ahead and change everything from what it was to something new... and then it fails. Not always of course, but more often than not.

It's more or less a reflection of lazy aussies and greedy landlords who just want to profit from other peoples hard work in china by adding absolutely no value in shifting boxes. It seems to be a common business model in this country which is why any backyard ebayer can compete quite easily. Just ask your good mate harvey norman. He's another one that adds zero value to shifting boxes and silly aussies fall over themselves to be a part of it.

Sir lastnail wrote on Jan 16^th, 2016 at 5:58pm:

mariacostel wrote on Jan 16th, 2016 at 5:25pm: The_Barnacle wrote on Jan 16th, 2016 at 12:37pm: Swagman wrote on Jan 15th, 2016 at 1:38pm: I went to Dick Smith for some basic components.  The store guy said we don't sell them anymore   Originally it was an electronics store (which is why they called it Dick Smith Electronics I guess) but in later years it just became a clone of JB HiFi. That was it's downfall It's often the way with new owners of an already successful business. They think they know better and then go ahead and change everything from what it was to something new... and then it fails. Not always of course, but more often than not. It's more or less a reflection of lazy aussies and greedy landlords who just want to profit from other peoples hard work in china by adding absolutely no value in shifting boxes. It seems to be a common business model in this country which is why any backyard ebayer can compete quite easily. Just ask your good mate harvey norman. He's another one that adds zero value to shifting boxes and silly aussies fall over themselves to be a part of it.

Talking of boxes... every problem is the same shape to you. You exist inside your own little box and nothing ever ventures in.

yes...

about that name...

it should have been a store for male erection problems...

and that was DICKS biggest mistake..  :D

mariacostel wrote on Jan 16^th, 2016 at 6:05pm:

Sir lastnail wrote on Jan 16th, 2016 at 5:58pm: mariacostel wrote on Jan 16th, 2016 at 5:25pm: The_Barnacle wrote on Jan 16th, 2016 at 12:37pm: Swagman wrote on Jan 15th, 2016 at 1:38pm: I went to Dick Smith for some basic components.  The store guy said we don't sell them anymore   Originally it was an electronics store (which is why they called it Dick Smith Electronics I guess) but in later years it just became a clone of JB HiFi. That was it's downfall It's often the way with new owners of an already successful business. They think they know better and then go ahead and change everything from what it was to something new... and then it fails. Not always of course, but more often than not. It's more or less a reflection of lazy aussies and greedy landlords who just want to profit from other peoples hard work in china by adding absolutely no value in shifting boxes. It seems to be a common business model in this country which is why any backyard ebayer can compete quite easily. Just ask your good mate harvey norman. He's another one that adds zero value to shifting boxes and silly aussies fall over themselves to be a part of it. Talking of boxes... every problem is the same shape to you. You exist inside your own little box and nothing ever ventures in.

yes longprong69... Have you saved up for that sex change operation yet ??

Sir lastnail wrote on Jan 16^th, 2016 at 10:17pm:

yes longprong69... Have you saved up for that sex change operation yet ??

Hi sir Nail,

Lisa has admitted to being Maria.

President Elect, The Mechanic wrote on Jan 16^th, 2016 at 7:20pm:

yes... about that name... it should have been a store for male erection problems... and that was DICKS biggest mistake..  :D

;D ;D ;D ;D ;D ;D.

only a male would think like that....is that what you say when you go to the doctor....Ive got a smithy...

;D ;D ;D ;D ;D

sorry I believe thats a sensitive subject..

Bobby. wrote on Jan 17^th, 2016 at 7:16am:

Sir lastnail wrote on Jan 16th, 2016 at 10:17pm: yes longprong69... Have you saved up for that sex change operation yet ?? Hi sir Nail, Lisa has admitted to being Maria.

dont lie bobs.....shes done nothing of the sort...she could have been David Spectra in another life...

but I dont think she will ever admit it.

cods wrote on Jan 17^th, 2016 at 7:34am:

Bobby. wrote on Jan 17th, 2016 at 7:16am: Sir lastnail wrote on Jan 16th, 2016 at 10:17pm: yes longprong69... Have you saved up for that sex change operation yet ?? Hi sir Nail, Lisa has admitted to being Maria. dont lie bobs.....shes done nothing of the sort...she could have been David Spectra in another life... but I dont think she will ever admit it.

She did once in a post - I'm not sure if I can find it.

Bobby. wrote on Jan 17^th, 2016 at 7:45am:

cods wrote on Jan 17th, 2016 at 7:34am: Bobby. wrote on Jan 17th, 2016 at 7:16am: Sir lastnail wrote on Jan 16th, 2016 at 10:17pm: yes longprong69... Have you saved up for that sex change operation yet ?? Hi sir Nail, Lisa has admitted to being Maria. dont lie bobs.....shes done nothing of the sort...she could have been David Spectra in another life... but I dont think she will ever admit it. She did once in a post - I'm not sure if I can find it.

she was pulling your leg bobs.. sorry.....marie never ever talks about her washing load..you can tell..

cods wrote on Jan 17^th, 2016 at 7:49am:

Bobby. wrote on Jan 17th, 2016 at 7:45am: cods wrote on Jan 17th, 2016 at 7:34am: Bobby. wrote on Jan 17th, 2016 at 7:16am: Sir lastnail wrote on Jan 16th, 2016 at 10:17pm: yes longprong69... Have you saved up for that sex change operation yet ?? Hi sir Nail, Lisa has admitted to being Maria. dont lie bobs.....shes done nothing of the sort...she could have been David Spectra in another life... but I dont think she will ever admit it. She did once in a post - I'm not sure if I can find it. she was pulling your leg bobs.. sorry.....marie never ever talks about her washing load..you can tell..

I don't think so.

Here it is - I found it:


Re: Merry Christmas, lunatics!
Reply #94 - Dec 27th, 2015 at 1:40pm

http://www.ozpolitic.com/forum/YaBB.pl?num=1451017609/90


Lisa Jones,

Quote:

Ok I fess. I'm Maria. Happy now? Longy, I'm sorry for all the trouble I've caused you with my Maria nic. Very sorry  Cry

cods wrote on Jan 17^th, 2016 at 7:34am:

Bobby. wrote on Jan 17th, 2016 at 7:16am: Sir lastnail wrote on Jan 16th, 2016 at 10:17pm: yes longprong69... Have you saved up for that sex change operation yet ?? Hi sir Nail, Lisa has admitted to being Maria. dont lie bobs.....shes done nothing of the sort...she could have been David Spectra in another life... but I dont think she will ever admit it.

and how do you know ? Is it because you both attend the same mothers club meetings ?

Bobby. wrote on Jan 17^th, 2016 at 12:53pm:

cods wrote on Jan 17th, 2016 at 7:49am: Bobby. wrote on Jan 17th, 2016 at 7:45am: cods wrote on Jan 17th, 2016 at 7:34am: Bobby. wrote on Jan 17th, 2016 at 7:16am: Sir lastnail wrote on Jan 16th, 2016 at 10:17pm: yes longprong69... Have you saved up for that sex change operation yet ?? Hi sir Nail, Lisa has admitted to being Maria. dont lie bobs.....shes done nothing of the sort...she could have been David Spectra in another life... but I dont think she will ever admit it. She did once in a post - I'm not sure if I can find it. she was pulling your leg bobs.. sorry.....marie never ever talks about her washing load..you can tell.. I don't think so. Here it is - I found it: Re: Merry Christmas, lunatics! Reply #94 - Dec 27th, 2015 at 1:40pm http://www.ozpolitic.com/forum/YaBB.pl?num=1451017609/90 Lisa Jones, Quote: Ok I fess. I'm Maria. Happy now? Longy, I'm sorry for all the trouble I've caused you with my Maria nic. Very sorry  Cry

thanks bobs but is it serious...... or having a go at someone....she doesnt I will be honest sound  anything like her. but if you say so,,

Sir lastnail wrote on Jan 17^th, 2016 at 1:00pm:

cods wrote on Jan 17th, 2016 at 7:34am: Bobby. wrote on Jan 17th, 2016 at 7:16am: Sir lastnail wrote on Jan 16th, 2016 at 10:17pm: yes longprong69... Have you saved up for that sex change operation yet ?? Hi sir Nail, Lisa has admitted to being Maria. dont lie bobs.....shes done nothing of the sort...she could have been David Spectra in another life... but I dont think she will ever admit it. and how do you know ? Is it because you both attend the same mothers club meetings ?

wouldnt you like to know????>.. :P :P

cods wrote on Jan 17^th, 2016 at 6:46pm:

thanks bobs but is it serious...... or having a go at someone....she doesnt I will be honest sound  anything like her. but if you say so,,

Hi Cods,

I don't know what to believe anymore.

My latest email for your perusal (I was in mates rates club)...
     

http://i382.photobucket.com/albums/oo263/lolsnet/an%20open%20letter.jpg

its sad.... but then I get rubbished because I didnt support it... I did when I wanted my computer and then a modem just recently..but if I dont want anything like they sell its hard to support them..

I dont think its right places like ALDI get into everything....its very damaging.. I mean they came here as a grocery chain.. and now they are all shoved to one side whilst they chip in on every other business in the country....we will go in one day and see used cars for sale ... why not?. >:( >:(

cods wrote on Jan 18^th, 2016 at 9:16am:

its sad.... but then I get rubbished because I didnt support it... I did when I wanted my computer and then a modem just recently..but if I dont want anything like they sell its hard to support them.. I dont think its right places like ALDI get into everything....its very damaging.. I mean they came here as a grocery chain.. and now they are all shoved to one side whilst they chip in on every other business in the country....we will go in one day and see used cars for sale ... why not?. >:( >:(

why do you feel sad for not supporting a glorified box shifter that adds no value to anything it imports ?

I mean what the hell is wrong with you to think that you need to support a company just because a whole lot of fickle aussies bought shares in it ? I mean it's a business that anyone in their right mind would not touch with a barge pole !! And as for Aldis being able to compete with them it's just further proof why you would not invest one cent into a business like that !!

Sophia wrote on Jan 18^th, 2016 at 9:08am:

My latest email for your perusal (I was in mates rates club)...       http://i382.photobucket.com/albums/oo263/lolsnet/an%20open%20letter.jpg

https://i.ytimg.com/vi/Rq9Wp-4F1aQ/hqdefault.jpg