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Strategies & Market Trends : Technical analysis for shorts & longs
SPY 695.17+0.2%4:00 PM EST

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To: Johnny Canuck who wrote (32873)6/19/2001 2:28:38 AM
From: Johnny Canuck  Read Replies (1) of 69687
 
*** Wireless Net is a year away, really - Microsoft

A senior executive in software giant MICROSOFT CORP.'s (MSFT) mobility unit said on Monday he hoped the prediction that widespread wireless data services are just "a year away" comes true -- for once. "I will be happy to say that I do believe that we are about a year away from seeing the 'hockey stick,' and I'd love to come back next year and prove that I was right," Juha Christensen, a mobile
phone industry veteran and vice president for sales and marketing at Microsoft's mobility group, told a conference. He was referring to an expected surge in wireless Internet activity. But Christensen also said that such "year-away" predictions had been made, and proven wrong, for years. (Reuters)

Full article at: infobeat.com

[I will believe when I see it. There is still not the service that will drive the demand.]

*** Goldman starts Akamai

Goldman Sachs said Monday it started coverage of Internet data delivery services provider AKAMAI TECHNOLOGIES INC. (AKAM) with a market outperformer rating. Goldman Sachs set a loss per share of 48 cents for the second quarter, a loss per share of $1.80 for fiscal year 2001, and a loss of 97 cents a share for fiscal year 2002. It said in a research note that it expects revenues of $41.6 million in the second quarter, $170.5 million in fiscal year 2001 and $223.7 million in fiscal year 2002. "While we believe Akamai is the clear leader in the critical and growing content delivery market, we believe the near-term market will prove challenging," Analyst Matthew Janiga said in a research note. (Reuters)

*** Nintendo, with new Game Boy, says console war on

Japan's NINTENDO CO. LTD. is betting it can outpace giant consumer technology companies SONY CORP. (SNE) and MICROSOFT CORP. (MSFT) in the $6.5 billion computer console gaming race, armed with a new gadget no bigger than a paperback novella. The battle for gaining dominance in the sector heats up this month with the introduction of Game Boy Advance, Nintendo's overhauled device, which arrives some four months before the three companies begin respective ad campaigns to stir up sales of larger game consoles. Kyoto, Japan-based Nintendo said it sold 500,000 Game Boy Advance units last week, the first batch on U.S. store shelves. It expects to ship by the end of June over one million units, which boasts richer colors, advanced
32-bit technology and a roster of games popular with its core audience of adolescents. (Reuters)

Full article at: infobeat.com

[So who is supplying Nintendo?????]
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