To Forfeit and To Astound In our previous blog, we took note of some predictions that went terribly wrong.  People studied a situation, made up their mind and could not see it in any other way.  Unfortunately, they were really wrong.  For instance, "This 'telephone' has too many shortcomings to be seriously considered as a means of communication. The device is inherently of no value to us." -- Western Union internal memo, 1876. “With over fifteen types of foreign cars already on sale here, the Japanese auto industry isn't likely to carve out a big share of the market for itself.” Business Week, 1968 "The horse is here to stay but the automobile is only a novelty—a fad." – -The president of the Michigan Savings Bank advising Henry Ford's lawyer not to invest in the Ford Motor Co., 1903 “Television? The word is half Latin and half Greek. No good can