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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I think the NSA has a job to do and we need the NSA. But as (physicist) Robert Oppenheimer said, “When you see something that is technically sweet, you go ahead and do it and argue about what to do about it only after you’ve had your technical success. That is the way it was with the atomic bomb.”

— Phil Zimmerman, PGP inventor and Silent Circle co-founder, in an interview with Om Malik