Wednesday, February 25, 2004

Kerry gets tech sector endorsements
150 officials give support to Democrat's presidential bid

By Rex Crum, CBS.MarketWatch.com

SAN FRANCISCO (CBS.MW) -- Saying John Kerry understands the needs and workings of the technology industry better than any other presidential candidate, 150 tech industry chief executives and other high-ranking officials threw their support behind the Democratic contender on Wednesday.

The endorsements include ones from Eric Schmidt, Google CEO; Chris Larsen, E-Loan chief executive; Dave Roux, the co-founder and managing director of venture capital firm Silverlake Partners; Dan Rosenweig, Yahoo chief operating officer; and Steve Westly, California state controller.

The endorsements come less than a week before the so-called Super Tuesday primaries March 2 when 10 states, including the key political battlegrounds of New York, California, and Kerry's home state of Massachusetts, parcel out their delegates to the Democratic National Convention.

Westly said the group's decision to back Kerry was driven by a belief that he has a firmer grasp than President Bush on the issues that could make or break the tech industry in a future, more competitive world.

"There's no comparison between Kerry and President Bush," Westly said on a conference call. "Whether it's the investment tax credit or international trade, John Kerry gets it. President Bush doesn't understand it, or it isn't a priority."

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