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Technology Stocks : RealNetworks (NASDAQ:RNWK)
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To: T-Lo Greens who wrote (3900)7/19/1999 1:53:00 PM
From: soup  Read Replies (2) of 5843
 
Streaming Revenues?

Talking to a knowledgeable friend on AAPL stock price and what would make it move.

On the topic of streaming media, he noted that RNWK's market cap was about the same as AAPL's even though the street was apparently ascribing no value at all to QuickTime.

He said at the conference call, CFO Andersen was asked at what point QT4 would contribute to AAPL's bottom line. Andersen replied that there was no near term expectation of this.

My friend said the consensus at AAPL is that QT (and streaming media in general) *will be* important, but not until high bandwidth pipes have been laid -- which could be years. In the meantime, AAPL will focus on "narrow-cast" applications of streaming technology - education, corporate PR, specialized news and entertainment events, etc.

That said, AAPL is hiring QT support:

1005001 QuickTime Technology Mgr.
1005027 Product Marketing Mgr. Sr
1005028 Product Marketing Mgr. G
1005029 Product Marketing Mgr. G

apple.com

>These positions are all QuickTime Marketing jobs. Last week another position for a Product Marketing Mgr. focused on the promotion content development.<

So my question is, considering AAPL's perspective and allocation of resources to its streaming media initiative (and they have plenty of cash to allocate), what are this thread's projections of RNWK's 1-3-5 year revenues and earnings?
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