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


To: JC Jaros who wrote (48032)7/19/2000 12:43:52 PM
From: Rusty Johnson  Read Replies (1) | Respond to of 74651
 
Quote of the year ...

from Business Week.

Sun's Bid to Rule the Web

On June 22, Microsoft announced its version of Sun's Webtone scheme--an initiative dubbed .net that is designed to make the Web much easier to use. In it, unrelated Web sites, Net services, and traditional Windows software programs can be linked together to do useful things--say, to get your bank's Web site to transfer money to your e-broker, who buys a stock and then records the trade to your Microsoft Money program on your PC. Such complexity requires software expertise, snorts Microsoft CEO Steve A. Ballmer, ''and Sun's not really a software company.'' Counters Sun chief scientist Bill Joy: ''I've been writing about network-based computing for 20 years. Microsoft embraced it last week.''

It looks like MSFT isn't a software company either. Their growth is in their investments. VC firm? Mutual fund?

Would you please tell SUNW there's a slowdown in the computing industry.

Best of luck.

Oh, and this from WIRED ...

Microsoft didn't become a $413 billion company just by selling a lot of software. Its latest earnings announcement illustrates what folks who follow the company have said for a while: Its real talent is managing Wall Street. By Joanna Glasner.

wired.com



To: JC Jaros who wrote (48032)7/22/2000 10:38:34 PM
From: ms.smartest.person  Read Replies (1) | Respond to of 74651
 
OT - JC: - And, lo, it came to pass that the trader by the name of Abraham Com did take unto himself a young wife by the name of Dot. And Dot Com was a comely woman, broad of shoulder and long of leg. Indeed, she had been called Amazon Dot Com.

And she said unto Abraham, her husband,

"Why doth thou travel far from town to town with thy goods, when thou can trade without ever leaving thy tent?"

And Abraham did look at her as though she were several saddle bags short of a camel load, but simply said,

"How, dear?"

And Dot replied,

"I will place drums in all the towns and drums in between to send messages saying what you have for sale and they will reply telling you which hath the best price. And the sale can be made on the drums and delivery by Uriah's Pony Stable (UPS)."

Abraham thought long and decided he would let Dot have her way with the drums. And Dot said,

"There will be a lot of banging in the land."

And Abraham replied,

"It is my most fervent wish that this be so."

And the drums rang out and were an immediate success. Abraham sold all the goods he had, at the top price, without ever moving from his tent.

But his success did arouse envy. A man named Maccabia did secret himself inside Abraham's drum and was accused of insider trading.

And the young did take to Dot Com's trading as doth the greedy horsefly to camel dung. They were called Nomadic Ecclesiastical Rich Dominican Siderites, or NERDS for short.

And, lo, the land was so feverish with joy at the new riches and the deafening sound of drums, that no one noticed that the real riches were going to the drum maker, one Brother William of Gates, who bought up every drum company in the land. And indeed did insist on making drums that would only work if you bought Brother William's drumsticks.

And Dot did say,

"Oh, Abraham, what we have started is being taken over by others."

And as Abraham looked out over the Bay of Ezekiel, or as it came to be known, "eBay," he said,

"We need a name of a service that reflects what we are."

And Dot replied,

"Young Ambitious Hebrew Owner Operators."

"Whoopee!" said Abraham.

"No, YAHOO!" said Dot Com.


**********

Merry