From my post:
Summary of Bill Gates presentation at MS 2000 Launch Conference, about 1 hour into presentation:
I certainly don't want to sound like a cheerleader but:
DROP YOUR SOCKS AND GRAB YOUR STOCKS!!! :))))
Portables-infrared sychronization
Big Servers-On the fly load balancing
TPC-C-Today first time trying 12-way. 230MM transactions........
++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++
1. Very cool. I know we are not the best of Buds but could you tell me how you get the old posts on SI. Someone once said they had a special search engine. Did you use google? How did you get it???
2. Second look at the post!!!! It is about the Webcast! The Windows 2000 launch internet webcast was the coolest ever. The producer, and I give him a plug, is a friend and his name is William Jarrett, just a young kid, he worked for Paul Allen whose company funded the production. It has set the standard for webcasts.
3. Of course, no where in the post did I say the stock was undervalued, and in fact the phase "grab your stocks" was an expression of a hope that win2000 would revitalize the entire computer business.
Stock talk wise, you will note that the market for the older, established "blue chip" tech companies had shown signs of erosion starting in October of 99, long before the "dot.com.bomb".
The reasons for this decay have definite historical causes, which if you are very polite, I will let you in on some day. :))
The theory that MS is central to the revitalization of the computer business, I held then, and still hold today. Nothing has changed.
4. As a brilliant aside, ms was about 95 at the event, dropped to a low of 89 and THEN POPPED TO 112 within two months, 23 bucks ain't too shabby.
5. But, no, I don't subscribe to channeling stocks dot com. If you want me to speak about the intrinsic value of MS, you must contemplate the effect of the litigation on the PRICE (and to some extent, the value) of the stock.
I will boast to tell you that I have one of the best backgrounds in the country, for analyzing the effects and the course of litigation on a company. I understand the law and the viscissitudes of litigation and how successful business functions. I must hasten to add, as I have previously indicated, I have not really followed with any great detail the recent court events.
So, In Conclusion, poo on yoo!! :)) |
