Month: October 1997

“Brand and scale don’t mean so much any more, but you have to own the assets and facilities.”

WorldCom COO John Sidgmore, explaining the reasons behind his company’s bid for MCI’s well-branded, large-scale communications network, ZDNN, 16 October 1997

“There is no question in my mind that going into the new millennium technology will fundamentally change the way children play.”

Jill Barad, Mattell’s CEO, on her company’s financing of an MIT Media Lab project on the future of toys, New York Times CyberTimes, 15 October 1997

“In the absence of open competition, consumers will pay a monopolistic tax. AMD is here to cut your taxes.”

Advanced Micro Devices CEO Jerry Sanders, on why CPU buyers should pad his salary, not Intel CEO Andy Grove’s, News.com, 14 October 1997

“We announced that our revenues were lower, our losses were higher and our stock went up $3. The Internet is its own phenomenon.”

CNET CEO Halsey Minor at the Macromedia User’s Conference, on his company’s third-quarter results, Upside.com, 10 October 1997

“We were romanced by the entertainment stuff, too. But we underestimated the value of software. And you know there really is something very sexy about creating a product that is useful to people and can help them live their lives better.”

Pete Higgins, VP of Microsoft’s Interactive Media Group, on his division’s turn towards more “practical” infofare, New York Times CyberTimes, 13 October 1997