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Technology Stocks : How high will Microsoft fly? -- Ignore unavailable to you. Want to Upgrade?


To: John F. Dowd who wrote (37151)1/26/2000 10:21:00 PM
From: Captain Jack  Respond to of 74651
 
John-- Looks like 90 or so should hold. Sure hope it stops higher than and turns,, getting close to my avg,,,



To: John F. Dowd who wrote (37151)1/27/2000 8:53:00 AM
From: Charles T. Russell  Read Replies (1) | Respond to of 74651
 
From the high, I see a Naz of around 3700ish. IMHO. Take that with a grain of salt.



To: John F. Dowd who wrote (37151)1/27/2000 10:47:00 AM
From: Proud_Infidel  Read Replies (1) | Respond to of 74651
 
Gates Explains Personal Web at Comdex '99

The richest man in the world stood in front of thousands of people, told jokes and poked fun at himself - and avoided all serious discussion of the implications of the recent legal decision that Microsoft had indeed engaged in predatory, monopolistic behavior.

"Heard any good lawyer jokes lately?" said Bill Gates, chairman and CEO of Microsoft Corp, at the beginning of his keynote address at the Comdex computer show held in the US in November 1999. He humbly thanked all those compassionate enough to send him e-mail supporting him during this time of trial, and then proceeded to play a video spoof of himself in the role of Austin Powers, a recent comedy hit movie about a hopelessly nerdy-looking leftover from the swinging Sixties. He enlisted the talents and name recognition of some of America's best known television news personalities - Tom Brokaw, Diane Sawyer and John McLaughlin for this humorous home movie-style presentation.

Personal Web

He then focused on what he called the "Personal Web," and asserted that most people will soon be getting their audio and video off the Internet, with extensible markup language (xML) developments central to new growth. "XML for the first time speaks to interoperability at the semantic level. It deals with what information needs to be sent back and forth... It can work between any suppliers and any buyers by the use of those xML records. Our initiative for this is called BizTalk, and it's partly the standards schematics and partly the very rich tools that go with that," Gates said. Users may never have to reenter information again and again, which he described as a huge problem on the Web today.

Gates demonstrated the personal Web approach by showing how to select a new car online, complete with music that could be streamed from the Internet into the automotive equivalent of a set-top box. He blamed reliability problems on what he called the big-computer company business models.

Sun's Response

Not surprisingly, Sun Microsystem's CEO, Scott McNealy, had plenty to say in response. He started his speech with a sarcastic request for any good new monopolist jokes, listed his "Top Ten" ways you could tell that Microsoft owns 20% of Las Vegas (Monopoly is now the biggest game in town...Every fourth pull you have to reboot the slot machine, etc...). He then attacked the complexity of the Windows 2000 operating system.

"Everyone is worrying about the Y2K bug. We should be worrying about W2K (Windows 2000), which is going to cause a lot more problems," McNealy asserted. McNealy favors the service business model for future computer developments, similar to utility companies. "Information ought to be a utility, as easy to operate as water or power. No one cares about the operating system behind a mobile phone; they just expect it to work."

In a post-speech press conference, he said that Microsoft was unrepentant and incorrigible, and should be either broken up into smaller companies or forced to abide by stringent rules. Among these would be a prohibition against investing profits gained from monopolistic business practices in other industries.

(Teri Sprackland, Santa Clara, Nikkei Electronics Asia, Jan. 2000 Issue)