Word: portal
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Dates: during 1990-1999
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Carmody hopes the site will evolve into one students will look to for answers to "all of their concerns--from purchasing products to accessing latest news and events information." Like portal pages developed by msn.com and yahoo.com, individuals will be able to customize ivypreps.com to fit their needs...
Where is all this dumb money? Much of it is in Internet stocks, most of which command stratospheric prices despite their lack of profits and their dubious prospects. In a seminal event for these stocks' valuations, high-flying portal company Lycos last week agreed to merge with USA Networks, a real company (Home Shopping Network; Ticketmaster) with $1.5 billion in annual revenue. Lycos shares plunged 31% in two days as investors reflected on Lycos' value inside a company that must--gasp--post rising profits to boost its share price...
...sweaty, screaming throng asks, begs, demands more. A single silver crescent slices through the madness. It is the messianic figure of Thorndike Smith, back arched in orgiastic pleasure, lips curled, a portal to the monster sound that pours from his gilded throat. His synth-pop benediction sends a tidal wave of emotion through his already epileptic disciples. This is the phenomenon known as JENNR8R. In an unprecedented move, JENNR8R agreed to be interviewed, if only briefly, by Fifteen Minutes...
WEAKNESSES MSN, RIP. Still waiting for that next-generation portal, guys NEXT MOVE Loses in antitrust court, wins on appeal, goes on Web shopping spree...
...WILD CARD Shrewd purchases (Tripod, WhoWhere, HotBot) have pushed Lycos to the No. 4 spot in the Web hit parade; it's the last portal prize left on the table