SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Compaq

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: MeDroogies who wrote (86712)11/12/2000 9:16:36 PM
From: Elwood P. Dowd  Read Replies (1) of 97611
 
Off Topic.... Comdex Convention Open in Las Vegas

Sunday November 12 7:50 PM ET
By BRUCE MEYERSON, AP Business Writer

LAS VEGAS (AP) - Even with the recent battering of technology stocks as
background noise, the marketing blare of digital-this and wireless-that promises
to be louder than ever at this year's annual Computer Dealer Expo.

Bill Gates (news - web sites) is still the headliner for opening night on the Strip,
Intel Corp. will be showcasing its latest Pentium chip and the 200,000 or so
people expected to attend will find themselves bombarded with themes that
sound strikingly similar from last year: more Web content delivered to more
places and on more kinds of devices, all with improvements in speed, wireless
technology, voice recognition, privacy and security.

Comdex was scheduled to begin Sunday with a keynote address by Microsoft
Corp. founder Gates.

The big change at this year's show actually may be the unrelenting shakeout on Wall Street that has ruptured
confidence at every level of the Internet boom.

``The way it works at Comdex is that you see a lot of great ideas about what will be hot 12 months from now, but I'm
not hearing much this year,'' said Michael Paxton, an industry analyst for Cahners In-Stat Group. ``I would imagine a
lot of technology companies in general have taken hits in the market, so they'll be trying to focus more on what they
can do, what products they can distribute in the near-term rather than long-term types of things.''

That means demonstrations of the latest in interactive television and digital media, including set-top boxes,
cameras, and audio and video players. There's also sure to be plenty of talk about Palm and PocketPC handheld
computers, as well as all the new ``Internet appliances,'' stripped-down machines from the likes of Compaq
Computer Corp. and 3Com Corp. designed to provide simple Web access in any room of the house.

Either way, new products will be splattered across more than 1 million square feet of exhibit space for the first time,
complimented as always by ``exclusive'' parties to drive the point home every night.

Curiously, one of the hottest tickets in town is a get-together being sponsored Monday night by a mere chip maker,
a small company named Transmeta Corp (news - web sites). whose ``Crusoe'' processor is designed to run mobile
computers without the same battery drain as rival chips from Intel and Advanced Micro Devices.

Somehow, at a time when even established technology players have canceled plans to raise money on Wall Street,
Transmeta managed to sell millions of dollars worth of stock through an initial public offering that harkened back to
the days of easy money just a year ago.

And while the young company was dealt a setback recently when IBM Corp. decided not to join Sony as an early
Crusoe customer, Transmeta finds itself refusing would-be guests to Monday's party.

``There's been quite a bit of demand to get access to their people, a lot of confusion in the industry to see if these
chips work as advertised,'' said Paxton. ``At Comdex, most of these people are begging you to come and talk with
them. But they've had such a huge response they had to cut it off.''
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext