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Berkshire Hathaway Inc. Message Board

  • bobo21029 bobo21029 Jul 10, 1999 11:36 AM Flag

    For WEB to attend a conference.....

    <EOM>

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    • like this; is like putting a Stratavaris in the
      hands of an Orangutan...there's a million guys that
      would give their left nut to sit down in a room with
      Gates,Case,Yang,Bezos et. al.....but whatta' ya bet Buffett will come
      home and invest our money in jelly donuts and ice
      cream again.......the beat goes on.....July 10,
      1999Internet Executives Dominate Spotlight at Herb Allen
      RetreatBy THE ASSOCIATED PRESSUN VALLEY, Idaho -- High
      rollers from Hollywood to Wall Street to Silicon Valley
      converged in this resort town for the 17th annual media and
      technology conference organized by investment banker Herbert
      Allen Jr. While stars like Oprah Winfrey and Candice
      Bergen were on hand, the real spotlight this year was on
      top executives of companies like Amazon.com, America
      Online, and Yahoo! The Internet is changing the media and
      entertainment landscape, and nowhere was that more evident than
      at this year's conference. Indeed, missing from this
      year's list of attendees were Time Warner chairman
      Gerald Levin, Seagram's chief executive Edgar Bronfman
      Jr. and Walt Disney's chairman Michael Eisner. Four
      years ago, Eisner and Thomas Murphy, head of Capital
      Cities Communications, got together at the conference
      and hatched a plan to combine their companies in a
      $19 billion deal. Since then, interest and
      speculation around the annual event has soared. This year,
      however, traditional media companies are more likely to be
      on the prowl for hot Internet properties. The
      conference, which ends Sunday, had a series of discussions
      and seminars aimed at blending new technology with
      old. One meeting on Thursday featured Steve Jobs and
      his Pixar animation company, which gained fame in the
      movie industry for its role in the making of Antz and
      Toy Story. On Friday, the schedule included

      • 1 Reply to bobo21029
      • On Friday, the schedule included the topic ``The
        Internet And Our Lives,'' with participants including NBC
        News anchor Tom Brokaw, Dell Computer chairman Michael
        Dell, Amazon.com founder Jeffrey Bezos, and Yahoo!
        co-founder Jerry Yang. A highlight was Saturday when
        Microsoft chairman Bill Gates participates in ``A
        Discussion With Warren Buffett.'' Steve Case, chairman and
        CEO of America Online, teamed up with Barry Diller,
        chairman and CEO of USA Networks Inc., and his one-time
        adversary Sumner Redstone, chairman and CEO, of Viacom Inc.
        to discuss ``Unparalleled Prosperity And A Troubled
        Society.'' The conference and its meetings are strictly off
        limits to the public and reporters, and the privacy is
        enforced by security guards instructed to discourage
        loitering outside the Sun Valley Inn and other venues.
        While members of the press stood nearby, eager to
        buttonhole passing VIPs, the locals in this exclusive resort
        town seemed unfazed by the gathering of powerbrokers.
        ``I don't think the people who live here care very
        much. We have the biggest concentration of millionaires
        in the country anyway,'' said Ed Youmans of
        neighboring Ketchum. ``It just takes up space at the
        airport.''

 
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