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Strategies & Market Trends : Sharck Soup

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To: Sharck who started this subject9/13/2001 4:08:41 AM
From: Devin123   of 37746
 
In business news: This is a stock I picked before this tragedy and still have my long position in. I may buy more if it dips on the basis that it had come out prior to attack saying that it should (have) reach profitability in 2002 and were expecting higher revenues than they previously gave --

September 11, 2001

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Raindance Commun Gets Panasonic Pact

LOUISVILLE, Colo. -- Raindance Communications Inc. (RNDC) agreed to provide Web and phone conferencing services to Panasonic Technologies Inc.

Financial details weren't disclosed.

In a press release Tuesday, Panasonic said the Raindance service saves the company 50% over its previous conferencing service.

Panasonic is the U.S. research and development unit of Matsushita Electric Industrial Co. (MC).

Company Web sites: raindance.com and panasonic.com
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