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To: Jurgen Trautmann who wrote (5000)1/5/1999 2:07:00 PM
From: tommy gunn  Respond to of 11051
 
How about, JURGEN THE GREAT!
Remember, "If you don't play you don't win"
And if you never play you never win...............
Regards to all,
tg



To: Jurgen Trautmann who wrote (5000)1/5/1999 3:19:00 PM
From: MonsieurGonzo  Read Replies (1) | Respond to of 11051
 
JT; RE:" SAP... "

...ja, I saw it down ~20% on the DAX this morning and I knew that you and DJ had taken a hit :-(

My big loser in '98 was ASYT DEC 22.5 CALLs, which I was happy to get out of with only a $50K loss. Mistakes I made were:

(1) trading anything when my head was all messed up in May.

(2) violating my own $15K per option position trading limit.

(3) removing my STOP instead of taking the hit and moving on.

..worked like hell to get back $35K in the trading account by year-end. Fortunatley, "Mr.Market" as Berney says, saved my CORE with no help from me (^_^)

DELL, Jurgen - I said "...when Jurgen buys DELL", pas SAP.

-Steve



To: Jurgen Trautmann who wrote (5000)1/6/1999 4:18:00 PM
From: smolejv@gmx.net  Respond to of 11051
 
Elvis may be #1, but Juergen, Hut ab...

DJ



To: Jurgen Trautmann who wrote (5000)1/15/1999 9:59:00 AM
From: MonsieurGonzo  Read Replies (1) | Respond to of 11051
 
JT; RE:" Software - Product or Service ? "

There is an "internet conference" hosted by the brokerage firm DLJ in San Francisco this week...

briefing.com

...several provocative ideas were put forth by the e-tail companies to the WallStreet analysts; eg., reducing cost per connect hour is equivalent to increasing bandwidth; vertical applications will grow more rapidly (next) because traditional "economy of scale" is not so important on the 'net; popularity of content on the 'Net appears to be Sex, Gambling, Sports, Stocks and News, in that order, etc.

Of the many ideas, I was struck by this one...

"...License oriented businesses (software) will become service oriented businesses."

...because it hits home, to my own business: I innovate "industrial processes" and have distributed this intellectual property not unlike "a software product" for the past 25 years.

For example, recall the "Bessemer Process" for producing steel. This more cost-effective, clever way of making metal products could be realized by the inventor as a new type of machine, so he could patent the idea and sell new machines (or the design for thereof) to the steel industry, in an age before hardware and software paradigms existed: the model was the Steam Engine back then.

My own process involves producing metals too - a more clever way of recycling that creates sufficient margins, payback, etc. for huge-scale, traditional primary metals companies to "make recycling work" and invest/go into the recycling business.

But it (my process) wasn't realized as a new machine, rather, it was "a way of dis-assembling and re-assembling scrap metals in such a manner that alloys could be manufactured from what were essentially randomized, mixed-alloy flows coming back to the metal producers from the metal product consumers".

25 years ago, my process (for "how to run an industrial scale recycling operation") was sitting on a DEC-10 mainframe, and I distributed this 'product' via time-sharing to my client companies, and charged them for this service, along with training, maintenance, etc.

When I moved to San Francisco in 1980, I crammed this code into microcomputers and sold "instruments" that could be rolled on to the factory floor; my business model changed, and I was in the "industrial instrument" business.

But 5 years later, I moved this code again, over to the PC, and licensed a software product. Until recently, the only change was that single-user Licenses were expanded to Site Licenses that consisted of networks of PC's running throughout the plant, rather than a single workstation placed where the metal-making process was directed. I remember that, in 1985, the idea of "Licenses" for intellectual property was still somewhat new; hell - back then, "computers" operated by workers on the plant floor was still a radical idea in many places.

Recently I have been moving my code again - over to the internet. In many ways, I feel as if I have come full-circle, for the internet reminds me of time-sharing, at least from the programmer's perspective... though most of the young wizards today have no idea what "time sharing" was like.

So, my company will no longer "License" clients to access this intellectual property: we will charge them a monthly usage + maintenance fee and it will run either on the 'Net, or on the customer company's own intra-net.

In other words, insofar as my software business is concerned, it is true that "the licensing business" is evolving (back?) into "the service business" model that I started with 25 years ago.

We wonder, then - if "ease of universal access" provided by the internet results in dis-possession of software for indivuduals; ie., in the future will all "software" never be "possessed" by the consumer again - will all software become, then, (de-evolve?) into a "service business" instead ?

-Steve