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To: Robert Rose who wrote (122054)	3/29/2001 11:25:51 AM
From: H James Morris	Read Replies (2) \| Respond to of 164684

Rob, good news for Billy. >Seattle Times Washington bureau WASHINGTON - President Bush assured technology executives of his faith in the high-tech economy and appointed a technology adviser at a White House tech summit yesterday, as industry leaders urged economic stability. In an address to dozens of technology leaders in a White House forum on the New Economy, the president appointed venture capitalist Floyd Kvamme as co-chairman of the President's Council of Advisors on Science and Technology. Kvamme is a partner with Kleiner Perkins Caufield & Byers, the powerful venture-capital company based in Menlo Park, Calif. Bush stopped short of appointing the "technology czar" many high-tech executives had sought to raise the profile of tech issues, but said the fundamentals of the New Economy remain sound. "This administration has great confidence in the future of our technology industry," Bush said. "We recognize, like you do, that the stock market may be sending a little different message right now. But the accomplishments of the industry are rock-solid. The future is incredibly bright." The forum included executives from Microsoft, Apple Computer, the Barksdale Group, Dell Computer and Hewlett-Packard. Bush urged technology executives to help their industry by urging Congress to pass his $1.6 trillion tax-cut proposal. Tech executives expressed varying degrees of satisfaction with the president's focus on technology. Yesterday's meeting was the second with industry executives in the administration's first three months. Bob Herbold, executive vice president at Microsoft, gave Bush high marks for his attentiveness to a growing sector of the American economy. Asked what companies like Microsoft needs, Herbold told reporters, "Get the economy back to the point where things look confident."