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Technology Stocks : MSFT Internet Explorer vs. NSCP Navigator

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To: Reginald Middleton who wrote (16003)1/13/1998 12:45:00 PM
From: Daniel Schuh  Read Replies (2) of 24154
 
Microsoft promises no Internet 'vig' infoworld.com

(Good thing you put that smiley in there Reggie)

Microsoft will not attempt to reap a fee for Internet transactions conducted using its software, said Steve Ballmer, executive vice president for sales and support, this week.

Such a scheme has been championed by many top Microsoft executives, particularly chief technology officer Nathan Myhrvold, as a way to tap into the rapidly growing online sales market.

That prospect has troubled Microsoft's rivals and critics, who have watched with alarm as the software giant expanded its reach throughout the Internet-related world. Also concerned are corporations and customers who potentially would have to pay such a "vig," short for vigorish, a gambling term meaning a bookie's cut of the action.


Hard to give people a cut of revenues you're not collecting, right Reggie? Of course, Ballmer may just be talking like his usual ethical, courteous self here.

Cheers, Dan.
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