Word: pixar
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...believe that co-founder Steve Jobs will return. Reviving Apple would be difficult and would not leave him time to run Pixar, his digital-animation company...
...small clique of siliconaires--Scott McNealy of Sun Microsystems, Larry Ellison of Oracle, Steve Jobs of Pixar--the question is: Why Bill Gates? Slightly more than a decade ago, the four geek tycoons were stumbling around an industry not much larger than their pocket protectors. But Gates graduated into the history books, while the other three seem headed for footnote status. It's not a role they cherish...
Lovett thinks it's high time Hollywood dove on in. Geek-laden companies such as Pixar, Industrial Light & Magic and Digital Domain (effects houses for Toy Story, Jurassic Park and Terminator II, respectively) have been turning digital technology into blockbuster grosses for years. And more recently, as Websites flacking for the likes of 101 Dalmatians and ID4 score multimillion "hit counts," the studios have come to value the Internet's impressive promotional clout...
Like Buzz Lightyear, the gung-ho plastic spaceman in Toy Story who thought he was real, investors in Pixar Animation Studios have learned that reality bites. Pulled down by the collapsing, technology-driven NASDAQ market, Pixar stock fell 5.7% last week, to close at $16.50, light-years from its November high of $49.50, signaling that the almost cartoonish rush of IPO investing is finished...
...Pixar, creator of the computerized movie hit, caused a sensation when its $22 opening price doubled and then some in its first hours of trading as an initial public offering last November, making chairman Steve Jobs, the millionaire co-founder of Apple Computer, into a paper billionaire. Indeed, for the past two years it has seemed that every twentysomething computer entrepreneur who could wear a suit long enough could get Wall Street bankers to sell stock to the public...