Word: ago
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Dates: during 1990-1999
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...mania with an initial public offering at $28 a share that soared to $58 in a day, underwriters remain skeptical and resist pricing Internet IPOs anywhere near where the market does. Last week Rhythms Netconnections was listed at $21 and closed the day at $69. Two weeks ago, Priceline.com started at $16 and shot to $69. If anything, the pricing of Net stocks is growing more off kilter. The average first-day gain for an Internet IPO has swelled from 30% early last year to 153% the first three months of this year, Commscan reports. Meanwhile, first-day gains...
...which has effectively painted it as the slickest monopoly since Standard Oil. At the bottom, the hacker underground is attacking it with viruses like Melissa and Happy99.exe. And at Microsoft's very core, its next-generation operating system, Windows 2000, is MIA. The long-promised Windows overhaul, due months ago, might not even reach consumers by the millennium. The company has apparently just discovered that home users are a huge market; rather than force an industrial-strength operating system on housewives and schoolkids, it will give them a retooled Windows 98 stopgap in the fall. Whoopee...
...serious work on a computer, chances are you were pulled into Microsoft's Office web long ago. Since it controls 75% of the market, you probably use one or more of its applications: Word (for word processing), Outlook (for e-mail), Excel (for spreadsheets), Access (for databases) and Powerpoint (to make tedious, overhead-style slides for interminable meetings). The premium package adds the Web-page builder FrontPage; the image manipulator PhotoDraw; and Publisher, a desktop publishing program. It comes on an intimidating four (!) CD-ROMs, but I needed to install only the first disk to get started; the others hold...
What Hanson's experience points to is the fact that a business owner doesn't have to be the size of Amazon.com to take advantage of the Internet. By the thousands, small business owners are following in Hanson's briny footsteps. Only a year or so ago, getting up on the Web was a major effort and expense. Businesses had to turn to Internet service providers, web-page designers and Web consultants to set up a website that could easily cost tens of thousands of dollars. But in the past year, all that has changed. Thanks to increased competition among...
...place an order over the phone for a Takamine guitar. More orders flooded in. "We realized people liked sitting on the computer buying things, and that's what got us to go big time," says Spremulli. He invested $3,900 with Web consultant Blacksheep blacksheep3d.com and two years ago set up www.norwalk music.com The website, which gives customers full credit-card access and calculates shipping and taxes, now generates 26% of the company's $1.5 million in annual sales and caters to customers as far away as Egypt...