Red Herring: Microsoft is losing its gripFeb 18, 2000, 04:18 (2 Talkback[s])
(Other stories by Lawrence Aragon)
"On the eve of one of Microsoft (Nasdaq: MSFT)'s most significant product introductions, a dozen venture capitalists sat around a room scratching their heads. The question before them: 'Is Microsoft dead?' ... The VCs, who had gathered Tuesday at a private function to discuss investing trends, had been arguing about the one stock that investors should hold for the next five years. Everyone agreed on Cisco Systems (Nasdaq: CSCO). ...the company that wrought so much havoc in the marketplace that the government took it to court wasn't mentioned. Not once."
"Apparently somewhere during the long-delayed development of Windows 2000, Microsoft began to lose its relevance. At least in the world of startups. And that's no small thing, considering that as a group, startups are the growth engine of the New Economy.
No one is saying that Microsoft is irrelevant or is doomed to fail. After all, this is a company that racked up sales of nearly $22 billion last year and has a market cap of $508 billion. The point is that even at such a large size, Microsoft has gone from being the proverbial big fish in a small pond (desktop operating systems) to just another cod in the ocean of the Internet and communications."