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To: kemble s. matter who wrote (157328)5/23/2000 4:17:00 PM
From: calgal  Read Replies (2) | Respond to of 176387
 
Hi Kemble! From Bloomberg. FYI, :)Leigh

Executives Converge on Microsoft This Week for 4th CEO Summit By David Ward Redmond, Washington, May 22 (Bloomberg) - Dell Computer Corp. Chief Executive Michael Dell and investor Warren Buffett are among more than 150 chief executives who will descend on Seattle this week for Microsoft Corp.'s fourth-annual CEO summit. The executives -- Microsoft is keeping the list of attendees secret -- will participate in two days of seminars, panels and will hear speeches by Microsoft Chairman Bill Gates and Chief Executive Steve Ballmer. They will also attend a private dinner at Gates' $60 million mansion on Lake Washington. The event gives Microsoft a chance to demonstrate its business software, and meet with customers and business partners, company spokesmen say. It also allows Microsoft vie for the title of host of one of the most-exclusive business gatherings in the U.S., on par with the annual Sun Valley, Idaho, conference hosted by Allen & Co. Chief Executive Herb Allen. Gates will open the two-day event with a speech on technological innovations and will give executives a preview of Next Generation Windows Services, the name Microsoft is giving to its business strategy that includes new products and services for electronic devices other than personal computers. Gates and Ballmer will officially unveil NGWS the following week. Buffett, the billionaire chairman of investment holding company Berkshire Hathaway Inc., said he will chair a panel on Internet companies' valuations. ``Bill's doing it to prove he has a sense of humor, but I think he's doing it to torture me,'' said Buffett, who has been a close friend of Gates' for 10 years and who has shied away from investing in Internet-related stocks. Gates and Ballmer aren't likely to discuss the antitrust case filed against the software giant by the U.S. Department of Justice and 19 states. ``That will be handled in D.C.,'' spokesman Dan Leach said. ``This is about the technology.'' The two-day event is closed to the media, except for Gates' speech, which will be broadcast over closed-circuit television to reporters cloistered in a separate part of Microsoft's sprawling office complex in Redmond. The event grows every year, and the acceptance rate this year more than 50 percent higher than last year, when about 100 chief executives attended, Leach said. Several past attendees won't return, including General Electric Corp. Chairman Jack Welch, GE said. Well-known technology CEOs Larry Ellison of Oracle Corp. and Scott McNealy of Sun Microsystems Inc., who are often critical of Microsoft, won't be attending, their companies said.


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