Schmidt: Google 'well-positioned' for a recession
,----[ Quote ]
| Google, the world's leading Internet search engine, said Tuesday it can
| weather any economic downturn because its advertisers are broad-based.
|
| Chief Executive Eric Schmidt acknowledged that a shortage of credit in
| financial markets is a "very serious issue" and that many people are
| expecting a global economic slowdown.
|
| "It's too early to say if there's (already) been any specific impact. But if
| there were, I don't think it would be much," Schmidt told reporters at a
| briefing during a visit to Sydney, Australia.
`----
http://news.zdnet.com/2100-9588_22-6234685.html
Linux too is set to benefit from a slowdown, which is simply caused by other
factors. People are likely to buy less expensive software and use free
Web-based services.
Quote for the day:
"The danger is that Microsoft is using strategic monopolistic pricing in the
education market, with the government’s assistance, to turn our state
university systems into private workforce training programs for Microsoft."
--Nathan Newman
Related:
Sun: Economic slowdown favors open source
,----[ Quote ]
| Speaking to ZDNetAsia in an exclusive interview, he said the economic
| slowdown in the United States will favor open source companies. "During an
| economic slowdown, not everything slows down [and] IT projects will continue
| to be undertaken. But IT budgets will be reduced," he said, noting that
| companies will then turn to lower cost software options such as open source.
`----
http://www.zdnetasia.com/news/software/0,39044164,62038598,00.htm
Software Firms Face Recession Ripple Effect
,----[ Quote ]
| If the economic downturn hits the information technology sector, investors in
| business software companies are probably safe for one more quarter of
| earnings reports.
`----
http://www.thestreet.com/_yahoo/newsanalysis/techstockupdate/10403419.html?cm_ven=YAHOO&cm_cat=FREE&cm_ite=NA
http://tinyurl.com/35tfgn
Forrester cuts tech outlook on U.S. recession risk
,----[ Quote ]
| Technology research firm Forrester Research Inc cut its forecast for 2008
| global technology purchasing growth by a third on Sunday, citing the risks of
| a U.S. recession
`----
http://www.reuters.com/article/marketsNews/idUKN0848701220080211?rpc=44
Forrester, IDC cut tech outlook on US recession risk
http://www.reuters.com/article/marketsNews/idCAN1165370220080211?rpc=44
Recession fears could end bull market
,----[ Quote ]
| The slide could be halted, however, if bellwether companies such as Apple and
| United Technologies engender hope that the U.S. economy can avert recession.
`----
http://biz.yahoo.com/rb/080121/column_stocks_outlook.html?.v=2
,----[ Quote ]
| Sadly, many of these brilliant people have been blinded by the stock
| price and unable to see that Microsoft is also the key architect of
| the greatest financial pyramid scheme this century.
|
| It is not uncommon for participants in pyramid schemes to lose their
| emotional bearings. My close friends who work at Microsoft are
| particularly upset over my work and it is possible that even Bill
| Gates and Steve Ballmer do not realize the implications of their
| financial practices.
`----
http://www.billparish.com/msftfraudfacts.html
,----[ Quote ]
| As with all pyramid schemes, it is important to get as close to tier
| 1 as possible. From a practical standpoint, usually only tiers 1 and 2
| will derive significant long-term economic rewards from such schemes.
`----
http://reactor-core.org/microsoft-pyramid.html
|
|
