[ale] Dan Gillmor on Microsoft
Dow Hurst
dhurst at kennesaw.edu
Fri Oct 18 14:14:52 EDT 2002
I should clarify:
I am normally a happy up kind of person. However, recent political
decisions such as DMCA and it ramifications, plus Palladium, the
government's obstinate blindeye stance toward MicroSoft, and MicroSoft's
continued success in spite of their trangressions, have been really
depressing to be reminded of. I don't really want a different list and
I appreciate all the posts for the informational content. This is
really the only list I've found worth following on a daily basis. So I
apologize for my attitude lately. I am sure that if we individually do
what American citizens have the right to do, speak up politically, that
we will have done our duty. I will do my best to do mine.
I did enjoy the days when Linux was all that we talked about and we
could ignore politics and MS antics. Those days are over and the battle
is in full force. Almost feels like Lord of the Rings or a Biblical
type confrontation between David and Goliath. ;-) Let's not let this
post develop into a huge OT elephant though. Thanks,
Dow
Jim wrote:
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>Microsoft is reporting record profits from the last quarter, which they
>attribute largely to their new, extortionary licensing scheme. I thought
>htese words from Silicon Valley columnist Dan Gillmor were worth sharing with
>everybody on the list:
>
>Microsoft Piggy Bank Tops $40 Billion
>Posted by Dan Gillmor
>
>What happens when a monopolist raises prices? One guess.
>
>Microsoft hit the jackpot in the most recent quarter, ringing up a staggering
>$4 billion profit on sales of $7.7 billion. I hope reporters covering this
>story note some of the subtleties, including Microsoft's strategy of not
>counting some of the profits until later years and its continual accumulation
>of cash.
>
>As of Sept. 30, Microsoft had gone over the $40 billion mark in cash and
>short-term investments (effectively the same). Think about that -- $40
>billion.
>
>What is Microsoft going to do with this money? They can't spend it fast enough
>internally, and the top shareholders, who control the company, refuse to
>issue dividends (this saves Bill Gates et al billions in taxes). Prediction:
>Once Microsoft is out from under what's left of the antitrust case, it'll go
>on a strategic investment and acquisition spree the likes of which you cannot
>even imagine.
>
>The monopoly continues, unabated, and could even grow stronger. Innovation is
>almost dead in desktop software, where Microsoft has sucked the financial
>oxygen out of the system. The company's behavior doesn't improve. It's no
>coincidence. Too bad we no longer have a government that's willing to enforce
>the antitrust laws, and technology buyers who feel so trapped they won't even
>consider alternatives. Life, circa 2002.
>
>http://www.siliconvalley.com/mld/siliconvalley/business/columnists/dan_gillmor/ejournal/4307752.htm
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Dow Hurst Office: 770-499-3428
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