Your Music or Your Job

SAN MATEO (07/17/2000) - This is Randi's cell phone. Please leave a message."

Those are the words I heard as I tried to call my slim, blonde-haired beauty for the sixth time last week. She left in a huff for her road trip to some kind of human resources retreat/seminar, angry after my comments about what it takes to make a man happy (owning planes and boats).

No doubt I would be a lot happier if my measly reporter salary paid me enough that I could afford my own plane and my own yacht. In this valley where millionaires are made overnight, it's easy to envy those who can afford to buy really cool toys.

But because I can't afford that kind of happiness, it would be nice if I could just avoid making Randi mad.

Who wants to be a millionaire?

Speaking of overnight millionaires, or those who aspire to be them, one pre-IPO company may be hitting a rough spot.

On the verge of its delayed IPO, unhappy rumors are surfacing about Corio Inc., an ASP (application service provider) that offers the likes of SAP AG, PeopleSoft Inc., and other big package ERP (enterprise resource planning) system services. Corio's prospectus acknowledges that the company has been drowning in red ink to the tune of $45 million in losses during its past fiscal year -- not uncommon for a dot-com.

But insiders say morale at the company is sinking to a new low and that people are starting to jump ship. Ten million shares will go up for sale in the IPO, but insiders have 23 million shares that are eligible for sale 180 days later.

And our insiders also say that Chief Strategy Officer Jonathan Lee hasn't been heard from in months.

The day the music died

While Congress was very publicly holding hearings about the Napster Inc. and MP3 issues last week and Universal Studios' ban on Napster from employee systems was coming to light, more privately some companies were setting even more severe policies.

Heller Financial, a commercial lender in Chicago, and Computer Sciences Corp.

(CSC), based in El Segundo, Calif., have recently implemented a policy to immediately fire any employees found using or trading MP3s on "BCs," or business computers. One Heller worker and five CSC workers were fired for "inappropriate use of e-mail": sending MP3s through the company e-mail system.

These firings came abruptly, without warning or previous reprimands.


Many readers have written recently about an error in a tip I printed a few weeks ago that said Norton AntiVirus Corporate Edition 7 for NetWare could not be installed on a NetWare server and had to be installed on a Windows NT server.

Several readers report they have had no problem whatsoever with installing the software on NetWare. And others, who are running a mixed NetWare NT environment report, said that while they are running the software on their NT servers, all the NetWare functionality remains intact.

RANDI SWUNG HER luggage onto my bedroom floor and smiled.

"You missed me, didn't you Bobby?" she said. "I guess it takes more than planes and boats to make a man happy."

I kept my mouth shut and smiled back.

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More about Baptist Community Services NSW & ACTCorioCSC AustraliaHeller FinancialNapsterPeopleSoftSAP AustraliaUniversal Studios

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