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[News] Italian Linux Association Laughs at Recession, Others Spread Misinformation

  • Subject: [News] Italian Linux Association Laughs at Recession, Others Spread Misinformation
  • From: Roy Schestowitz <newsgroups@xxxxxxxxxxxxxxx>
  • Date: Sat, 25 Oct 2008 08:59:28 +0000
  • Newsgroups: comp.os.linux.advocacy
  • User-agent: KNode/0.10.9
Hash: SHA1

Open source looks to catch the falling knife

,----[ Quote ]
| Over in Europe, the Italian Linux Association  and local Open Office group 
| are taking a more humorous approach, searching to “Microsoft Office 
| dinosaurs.”  
| Roberto Galoppini focused on this program in his latest blog post, then 
| called in to say that, no matter what, the knife is going to fall. 


Some open source FUD is too lame to deserve a response

,----[ Quote ]
| It's unclear when Facebook and Twitter came to be even remotely connected 
| with open source, but here's a clue, Keen: open source doesn't depend on 
| peace-loving hippie radicals with either free time or free cash to burn. Open 
| source is a free market, capitalist phenomenon that depends upon M-O-N-E-Y. 
| It has been for at least a decade, and the economic downturn only sharpens 
| its value to money-grubbing capitalists.     
| Will an economic downturn slow open-source development? No, because open 
| source is an effective way to undermine competitors (give away what your 
| competitor values, and charge for your own differentiation), serve customers 
| (lower prices, better software), and get software into prospective customers' 
| hands cheaply and widely.    


"There is such an overvaluation of technology stocks that it is absurd. I would
include our stock in that category. It is bad for the long-term worth of the
                                --Steve Ballmer, Microsoft's CEO


Microsoft, Cisco to lose $4.3 Billion as investment banks cut cost

,----[ Quote ]
| The cut in the IT budgets of the revered investment banks like Lehman
| Brothers and Merrill Lynch due to their failure may lead industry giants like
| U.S. based Microsoft and California based Cisco to lose $4.3 billion in
| orders next year. While Cisco earns about three percent to four percent of
| annual revenue from the U.S. financial industry, Microsoft accounted for 22
| percent last year.


Microsoft will be hurt by financial crisis, RBC analyst says

,----[ Quote ]
| The devastating U.S. financial crisis will hurt software giant Microsoft
| Corp.'s bottom line this holiday season as shoppers tighten their purse
| strings, RBC Capital Markets says.


Ballmer says Microsoft not immune from global crisis


Microsoft loses 90 Billion Dollars


Microsoft's Market Cap Falls $24B in 17 Days

,----[ Quote ]
| Microsoft is on the list. Today, the stock closed at $25.01 a share, down
| $2.39, or 8.72 percent.


Ex-Microsoft boss sentenced


Former Microsoft Manager Gets 2 Years In Jail

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