PROFITS ARE DOWN, BUCKO — OPEN YOUR VIRTUAL WALLET

“We have not done a good job of taking advantage of our customers.”

Scott Cook, chairman of financial software maker Intuit’s executive committee, on his company’s strategy to boost the revenues it skims off users’ digital checkbooks, TheStreet.com, 4 August 1998 (paid subscription required)

WE WANT QUALITY JOURNALISM, AND WE WANT IT NOW

“We think of ourselves as journalists first and then as people who can adapt to the potential of this medium.”

Bob Arnold, editor of Business Week Online, on how writing for the Web is like writing for print, only more so, The New York Times, 3 August 1998

TWO OUT OF THREE AIN’T BAD

“We’re trying to be a company that’s totally focused on the Internet, that also has an operating model, with revenue growth and profit.”

Macromedia CEO Rob Burgess, who’s apparently unfamiliar with the market laws that preclude Internet-focused companies from turning a profit, ZDNN, 31 July 1998

BUT ESPECIALLY AT MONICA LEWINSKY’S AGE

“Let’s begin with a simple premise: Privacy is a basic American value, in the information age and in every age.”

Vice President and Geek-in-Chief Al Gore, advocating new privacy laws (but avoiding comment on his boss’s privates), News.com, 31 July 1998

STEAL THIS FREE JUNK

“I think one of the reasons that kids steal stuff is because there’s too much that’s free [on the Web].”

Mike Farrace, vice president of Tower Records, who’s riled up by the practice of offering free music samples on the Web (even when Sony and Warner Bros. are doing it, one supposes), Wired News, 24 July 1998