Macromedia
Jeremy Allaire notes that Macromedia is trying to turn flash into a tool for making desktop apps as well as web apps. Kevin Lynch notes some of the progress that they are making in this area. Still, I just have to ask, "Why?" We already have Java and .NET, do we really need a third product that has no enterprise level features (unless you consider JavaScript an enterprise ready language), a runtime and BCL that are so limited they can actually fit in a 300k download, and a suped up version of photoshop as the IDE?
[1] Macromedia Flash - A Next Generation Rich Client: http://www.macromedia.com/desdev/mx/flash/whitepapers/richclient.pdf