To: Bearded One who wrote (57413 ) 5/20/1999 9:24:00 AM From: Glenn D. Rudolph Respond to of 164684
Microsoft's Gates hosts annual gathering of CEOs SEATTLE, May 17 (Reuters) - From Michael Dell to Michael Eisner, some of the business world's biggest names began arriving in Seattle Tuesday for Microsoft Corp.'s <MSFT.O> third annual CEO Summit, where about 130 corporate chieftans will trade notes on technology and its impact on their businesses. The three-day conference titled "Getting Ahead of the Curve" will be hosted by Microsoft Chairman Bill Gates. It allows the world's largest software maker to roll out the red carpet for leaders of its most important customers from companies as varied as Dell's Dell Computer Corp <DELL.O>. and Eisner's Walt Disney Co.<DIS.N> In addition to two days of presentations on the future of technology at Microsoft headquarters in the suburb of Redmond, executives will be treated to dinner Wednesday at Gates' sprawling $60 million lakeside mansion, a highlight of the event in past years. It also gives Microsoft executives an excellent platform from which to fight the negative publicity generated by an ongoing federal antitrust suit over the company's business practices. Microsoft executives maintain the event is not meant to promote the company's products. Instead, they call it a chance for executives to trade notes about the impact of technology on their businesses. Among other executives expected at the summit were Rupert Murdoch of News Corp., <NCP.AX> Jac Nasser of Ford Motor Co.,<F.N> Henry Schimberg of Coca-Cola Enterprises Inc. <CCE.N> Murdoch of News Corp., <NCP.AX> Jac Nasser of Ford Motor Co.,<F.N> Henry Schimberg of Coca-Cola Enterprises Inc. <CCE.N> and Martha Stewart of Martha Stewart Enterprises. International representatives include Andrei Kazmin of the Savings Bank of Russia and Roberto Hernandez Ramirez of Banco Nacional de Mexico. Gates, in a keynote address Wednesday on "Knowledge Workers Without Limits," likely will touch on the themes of connectivity and convergence driving Microsoft's recent unprecedented spending spree. The software giant this month agreed to buy $5 billion worth of stock in AT&T Corp. <T.N> -- its single biggest investment -- and has been reported in discussions with several other cable and telecommunications companies around the world. A Microsoft spokesman declined to provide details about the speech or the conference other than to say it would focus on getting business leaders "the technology they need to to be creative, flexible and responsive." As in past years Microsoft will provide extremely limited access to reporters, mainly allowing them to monitor the keynote speech. REUTERS Rtr 21:53 05-18-99