Gates lays out digital vision

C|Net | at | by Mike

Microsoft Chairman Bill Gates on Tuesday said the software giant is "the most optimistic company" about advancing new technology innovations. "That wasn't true three or four years ago," Gates told more than 600 attendees at the company's Most Valued Professionals Summit at Microsoft's headquarters in Redmond, Wash. The three-day event, which is closed to the public, started Tuesday. Microsoft is holding the event to honor 1,300 professionals who are chosen on an annual basis from the ranks of Microsoft resellers, consultants and other business partners.

"We found ourselves a little bit in a strange position where a lot of the hype was talking about things happening overnight, and banking and shopping and all these things would be immediately different," Gates said, referring to the dot-com boom. "And a lot of the focus was on the latest person to do a new Web site and the whole start-up phenomenon."