Word: yahoo
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Dates: during 1990-1999
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...that, of course, is good for movie fans. Mark Cuban, founder of Broadcast.Com, which was recently absorbed by Yahoo, predicts that the business of film on the Net will take off precisely because it offers content unavailable elsewhere. Broadcast.Com, which has signed a deal with ministudio Trimark to produce original films for the Net, has a library of some 13,000 hours of feature films, TV shows and documentaries. But Cuban says his company will take a bite directly out of distributors rather than the studios. "Blockbuster should be afraid," he says. "Not this year or next year, but three...
Even at ground level, the Valley is a preserve of fearless entrepreneurs. Nirav Tolia passed up $10 million in Yahoo stock options to start epinions.com a shopping-guide website. "I don't know if I would call it living dangerously," he says. "At Yahoo I realized that money was not the driver for me. It's the sense of adventure...
...Second, Net investors who have been at the game longer than six months may still have sizable profits. The carnage has been largely confined to pure Internet stocks--such retailers as Amazon.com and eBay; communities like iVillage.com and TheGlobe.com media companies Marketwatch.com and TheStreet. com; and portals such as Yahoo and America Online. Many stocks that benefit from the Internet but don't depend on it to sell their goods have held up well. IBM is up 35% since Internet stocks peaked in April...
...messaging industry, and if the other guy wants to come over and join our gang, well, that's fine with us. (For the record, AOL has hooked up with Apple, Sun, Novell and Real Networks; Microsoft's gang of strange bedfellows includes Excite, Infoseek, PeopleLink, AT&T, Yahoo and Prodigy...
...looking into mutual-fund ads featuring odd one-year periods--ending April 13 or May 3, for example--that allow them to show an amazing performance by capturing high points and leaving out subsequent declines. The review is being driven by the performance of Internet stocks such as Yahoo and America Online, whose gyrations can make some fund managers look like a genius on Monday and stupid by Friday. Don't wait for the Fed to help. Check out the ads carefully...