MICROSOFT'S CHAIRMAN AND CEO OF BILL GATES AND NEW PRESIDENT STEVEN BALLMER

RED02:GATES-MICROSOFT:REDMOND,WASHINGTON,21JUL98 - Bill Gates (L) Chairman and CEO of Microsoft and Steven Ballmer, who was named President of Microsoft July 21, talk to reporters in Redmond, Washington. Ballmer formerly was the executive vice president of sales and support of Microsoft. Ballmer's promotion is part of Gate's plan to broaden Microsoft's leadership. jc/HO-Photo by Jeff Chistensen REUTERS