I know it all...

“Only the PBM’s will be audited under Medicare part d. We just don’t see any reason to worry about full compliance planning.” Anonymous VP of Managed Care at Top 100 Pharmaceutical firm.

"Everything that can be invented has been invented" - Charles H. Duell, Director U.S. Patents Office, 1899.

"I think there is a world market for maybe five computers" - Thomas Watson, IBM president, 1943.

"Television won't last because people will soon get tired of staring at a plywood box every night" - producer Darryl Zanuck, Twentieth-Century Fox, 1946.

"You ain't going nowhere, son. You ought to go back to driving a truck" - Grand Ole Opry's Jim Denny to Elvis Presley, 1954.

"There is no need for any individual to have a computer in their home" - Ken Olson, president of Digital Equipment Corp., 1977.

"640k ought to be enough for anybody" - Microsoft founder Bill Gates, 1981, whose computers now offer more than 500 times that much space for electronic memory.

"Computers in the future may weigh no more than 1.5 tons" - --Popular Mechanics, forecasting the relentless march of science, 1949

"Who the hell wants to hear actors talk?" - H. M. Warner (1881-1958), co-founder, Warner Brothers Pictures, 1927

" We don't like their sound, and guitar music is on the way out." - Decca Recording Co., rejecting the Beatles, 1962

"The concept is interesting and well-formed, but in order to earn better than a 'C', the idea must be feasible." -- A Yale University management professor in response to Fred Smith's paper proposing reliable overnight delivery service. (Smith went on to found Federal Express Corp.)

"But what ... is it good for?" --Engineer at the Advanced Computing Systems Division of IBM, 1968, commenting on the microchip.

"If I had thought about it, I wouldn't have done the experiment. The literature was full of examples that said you can't do this." --Spencer Silver on the work that led to the unique adhesives for 3-M "Post-It" Notepads.

"Airplanes are interesting toys but of no military value." --Marechal Ferdinand Foch, Professor of Strategy, Ecole Superieure de Guerre.

"$100 million dollars is way too much to pay for Microsoft." -- IBM, 1982

"I have traveled the length and breadth of this country and talked with the best people, and I can assure you that data processing is a fad that won't last out a year." —The editor in charge of business books for Prentice Hall, 1957

"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

"A cookie store is a bad idea. Besides, the market research reports say America likes crispy cookies, not soft and chewy cookies like you make." —Response to Debbie Fields' idea of starting Mrs. Fields Cookies

"So we went to Atari and said, 'Hey, we've got this amazing thing, even built with some of your parts, and what do you think about funding us? Or we'll give it to you. We just want to do it. Pay our salary, we'll come work for you.' And they said, 'No.' So then we went to Hewlett-Packard, and they said, 'Hey, we don't need you. You haven't got through college yet.'" —Apple Computer Inc. founder Steve Jobs on attempt to get Atari and H-P interested in his and Steve Wozniak's personal computer.

"Professor Goddard does not know the relation between action and reaction and the need to have something better than a vacuum against which to react. He seems to lack the basic knowledge ladled out daily in high schools." —New York Times editorial about Robert Goddard's revolutionary rocket work, 1921

"You want to have consistent and uniform muscle development across all of your muscles? It can't be done. It's just a fact of life. You just have to accept inconsistent muscle development as an unalterable condition of weight training." —Response to Arthur Jones, who solved the "unsolvable" problem by inventing Nautilus

"Stocks have reached what looks like a permanently high plateau." —Irving Fisher, Professor of Economics, Yale University, 1929

"Louis Pasteur's theory of germs is ridiculous fiction." —Pierre Pachet, Professor of Physiology at Toulouse, 1872

"The abdomen, the chest, and the brain will be forever shut from the intrusion of the wise and humane surgeon." —Sir John Eric Ericksen, British surgeon, appointed Surgeon-Extraordinary to Queen Victoria, 1873

"The phonograph is not of any commercial value." —Thomas Edison, 1880

"Flight by machines heavier than air is unpractical and insignificant, if not utterly impossible." —Simon Newcomb, astronomer, 1902

"Sensible and responsible women do not want to vote." —Grover Cleveland, 1905

"It is an idle dream to imagine that automobiles will take the place of railways in the long distance movement of passengers." —American Road Congress, 1913

"There is no likelihood that man can ever tap the power of the atom." —Robert Millikan, Nobel Prize winner in physics, 1920

"Babe Ruth made a big mistake when he gave up pitching." —Tris Speaker, 1921

"The odds are that the United States will not be able to honor the 1970 manned lunar landing date set by President Kennedy " —New Science Magazine, 1964