This column appeared in the San Jose Mercury News on October 19, 2000. I’m posting it as part of my coverage of a Los Altos man’s elaborate plan to turn Steve Jobs’ boyhood home into a museum complex.
So, the kids at Hewlett-Packard finally made the ranks of Silicon Valley homeowners.
I’m happy for them, really.
They got themselves a deal. A garage in Palo Alto for $1.7 million. And it came with a house. A house in Palo Alto for under $2 million. Not bad.
I’m happy, but worried, too. Worried because I’m not sure the kids have thought this out.
“We don’t have any finalized plans for it, ” said Greg Winter, HP’s manager for the project.
Me? I’ve got my own idea, but more on that later.
First, I’m wondering if HP isn’t acting a bit like one of those overnight dot-com millionaires? (You remember overnight dot-com millionaires, don’t you?) I could see it happening. After all, the company made $3.5 billion in profits last year.
“Only $1.7 million? Cool. We’ll figure out what to do with it later.”