Kara Swisher

Recent Posts by Kara Swisher

Uh-Oh: Tech Trouble, Part 1?

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Even with Abu Dhabi buying up shares of tech firms like Advanced Micro Devices and the bubbly euphoria in Silicon Valley’s Web 2.0 sector, the tech picture is getting less pretty, according to a report by Barron’s Eric Savitz on the downgrading of software stocks by Goldman Sachs.

Noting a softening in capital spending, Savitz quotes Goldman’s report that said, “with software a typically back-end loaded sale, if there is any concern on budgets in the early part of 2008, we would expect CIOs to hold off their purchases until later in the year.”

So Goldman cut estimates slightly on Adobe, Autodesk, BEA, BMC, CA, Check Point, Citrix, Cognos, CommVault, Informatica, Macrovision, McAfee, Oracle, Quest Software, Red Hat, RightNow, SAP, Secure Computing, Symantec and Tibco.

Could ad-supported or commerce-driven Web sites be next? To say nothing of the spate of pre-revenue–our kind way of saying none to speak of–Web 2.0 start-ups.


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Another gadget you don’t really need. Will not work once you get it home. New model out in 4 weeks. Battery life is too short to be of any use.

— From the fact sheet for a fake product entitled Useless Plasticbox 1.2 (an actual empty plastic box) placed in L.A.-area Best Buy stores by an artist called Plastic Jesus