This just in from our Correspondent in Zeeland ... Mr C:
Our home computers will not have anything but the foundational operating system software on them - all of our programs will be housed, updated, maintained by the "software utility" in ?? Brazil, Bombay or College Station. No doubt we will buy software packages like we buy satellite TV packages.
"I think this means we will only really need 6 IT geeks to run all of the western hemisphere........... What will happen to the rest of them? Now that we don't need to put up with their snotty superiority attitude anymore it will be back to tweaking their noses and slamming them up against the lockers again like in high school.
........and this is what really scares Bill Gates...................."
MooPig: Much obliged there Mr C. We were beginning to wonder if Bill Gates is a true coward or not.
[ps. Mr C -- How do the States get their Shapes... Upper peninsula, Mitten, and all that?]
PHOTO RIGHT: Future IT professional in his second career ...
If anyone Understands this Article, Please illuminate me
Retrieved by Pat Darnell and Morgan Misunderstandme
This 118-year-old technology is about to bring MicrosoftOn October 30, 2005, something incredible happened...
to its knees...
[SOURCE] P.P.P.S. There's only one catch: To take advantage of this remarkable offer, you must join through this email today!
In Redmond, Washington, one of the world's richest -- and most powerful -- businessmen sent an urgent memo to his top engineers and most-trusted managers.
It sounded the alarm that a very disruptive "wave" was about to wash over the entire world -- forever changing the way we get information and do business.
It also warned this would wipe out the $200 billion business empire he'd spent his life building.
Meanwhile, a few hundred miles south, on the banks of the Columbia River, a mysterious outfit known only as "Design LLC" quietly constructed two massive, windowless warehouses.
This mammoth undertaking was code-named "Project 2," and the International Herald Tribune described the towering monolithic structures as "looming like an information-age nuclear plant."
I realize this may sound like something out of a Tom Clancy novel, but I think you'll want to bear with me, because...
Analysts estimate this "wave" has grown into a $160 billion tsunami
And experts say it's going to upend a $1 trillion industry. Yet very few investors understand just how huge it's going to be.
That's why I urge you to take the next few minutes to read this report in its entirety.
At the very least, you'll get the full story so you can decide for yourself if you'll be front and center when the big money starts rolling in.
But I warn you, the smart money is already on the move...
A handful of investors are already quietly positioning themselves to cash in on this incredible economic shift. Soon, tens of thousands will be rushing to join them.
One of the most lucrative investment opportunities
we'll ever encounter
This story is so big that we have to step clear back to February 28, 1881, to put it into perspective.
On that chilly winter night, a 21-year-old British stenographer named Samuel Insull arrived in the port of New York aboard the City of Chester.
Thomas Edison's chief engineer had lured him to America to serve as Edison's private secretary.
11 years later, Insull oversaw the merger that created General Electric, and shortly thereafter was offered the presidency of the Chicago Edison Company.
Little did anyone know, the world of electricity was about to drastically change.
At the time, cities like Chicago had dozens of small, privately owned power stations transmitting direct current (DC) electricity to neighborhoods within a small radius.
With due respect to Edison, Insull knew that the model Edison had created was flawed.
So he set out to transform Edison's legacy into something far greater and more efficient than its creator had ever imagined.
In doing so, he forever changed the world
Insull realized if he could create a "utility" by building giant central power stations that would transmit alternating current (AC) electricity over great distances...
These power stations could be linked to form a giant grid that would serve homes, businesses, and industries in even the most remote locations.
Once electricity was readily available everywhere, more and more electric-powered devices would come to market -- creating more and more demand for the electricity that the utilities produced.
And here's the kicker...
Because these utilities could match supply with demand, realize superior economies of scale, and use their generating capacity much more efficiently, they could deliver electricity for a fraction of what it cost people to produce it on their own.
And Insull was right on the money!
By 1907, utilities produced 40% of the power in the U.S. In 1920, that number stood at 70%, and a decade later, it was over 90%.
What was once unimaginable had suddenly become reality.
Now history is repeating itself
118 years after Insull came up with the idea for a "utility," this breakthrough technology has morphed and been reapplied to the world of computers -- and now the next great technological revolution is under way...
Which is exactly why I'm writing you today.
You see, one of the most successful investors I've ever met is convinced that this technological shift will dump millions of dollars into the portfolios of investors just like you.
But in order to claim your fair share of the wealth, you have to know who the dominant players are -- and you have to get invested now.
That's why I want to introduce you to this legendary investor and tell you about three companies he's identified as "top dogs" and "first movers" in this breakout industry.
These are the companies he believes will dominate their industries over the next 5 to 10 years and hand investors life-changing wealth along the way.
I'll also reveal the six traits he looks for in a growth stock -- and explain how they have led him to companies that have soared 215%, 232%, 275%, 411%, and even 644% in just the past five years.
But first, let me tell you a little bit more about this amazing technology and why, once again...
The unimaginable is fast becoming a reality
You probably remember when computers took up entire rooms and were used only by companies that needed to do intense mathematical calculations.
That all changed when Intel unveiled the microprocessor and a geeky college dropout started writing software with his former high school pal.
Thanks to the virtual desktop they developed, the PC quickly replaced the mainframe as the center of corporate computing and began showing up in homes across America.
Before long, companies began building intraoffice networks so that their employees could run programs like Microsoft Word and Excel on their PCs, and also access programs, files, and printers from a central server.
But, like Edison's, this model was far from perfect.
Due to a lack of standards in computing hardware and software, competing products were rarely compatible -- making PC networks far more inefficient than their mainframe predecessors.
In fact, most servers ended up being used as single-purpose machines that ran a single software application or database.
And every time a company needed to add a new application, it was forced to expand its data centers, replace or reprogram old systems, and hire IT technicians to keep everything running.
As a result, global IT spending jumped from under $100 billion a year in the early 1970s to over $1 trillion a year by the turn of the century.
Here's the dirty secret behind this mind-boggling growth -- and the two words that will put an end to the party
IT-consulting firm IDC reports that every dollar a company spends on a Microsoft product results in an additional $8 of IT expenses.
And one IT expert admits, "Trillions of dollars that companies have invested into information technology have gone to waste."
Yet, companies have had no choice but to run these obscenely expensive and highly inefficient networks.
But that's all about to change...
And that's precisely why the two words "cloud computing" scare the hell out of Bill Gates.
You see, he realizes that thanks to the thousands of miles of fiber-optic cable laid during the late 1990s, the speed of computer networks has finally caught up to the speed of computer processors.
As IT expert Nicholas Carr explains, "What the fiber-optic Internet does for computing is exactly what the alternating-current network did for electricity."
Suddenly, computers that were once incompatible and isolated are now linked in a giant network, or "cloud."
As a result, computing is fast becoming a utility in much the same way that electricity did...
"The next sea change is upon us." -- Bill Gates
Think back a few years -- any time you wanted to type a letter, create a spreadsheet, edit a photo, or play a game, you had to go to the store, buy the software, and install it on your computer.
But nowadays, if you want to look at pictures on Facebook... find directions on MapQuest... watch a video on YouTube... or sell furniture on Craigslist... all you really need is an Internet connection.
Because although these activities require you to use your PC, none of the content you are accessing or the applications you are running are actually stored on your computer -- instead they're stored at a giant data center somewhere in the "cloud."
And you don't give any of it a second thought... just like you don't think twice about where the electricity is coming from when you plug an appliance into the wall.
But cloud computing isn't going to be just a modern convenience -- it's going to be an enormous industry.
You see, everyone from individuals to multinational corporations can now simply tap into the "cloud" to get all the things they used to have to supply and maintain themselves. This will save some companies millions and make others billions.
"Is cloud computing the next big thing?"
That's the title of an article in PC Magazine.
The answer was an overwhelming yes. And PC Magazine isn't the only one taking note of this sweeping trend...