America On-Line (AOL) Message Board

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Technology Stocks : America On-Line (AOL)

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To: Gaffa who wrote (40783)	8/26/2001 2:11:57 AM
From: calgal	of 41369

Also of note AOL Time Warner said it plans to slash 1,200 positions from its America Online unit, the second round of layoffs in the online unit since its merger with Time Warner...As part of the AOL cuts, iPlanet, a much-touted alliance between AOL and Sun Microsystems, will shed 500 employees...Cisco Systems said it will reorganize its business units to focus on 11 target technologies, and that Senior Vice President Kevin Kennedy will leave the company as part of a management restructuring...Excite@Home and its accountants said the company may not be able to continue operations, especially if the Nasdaq Stock Market delists its shares...Nintendo pushed back the U.S. arrival of its new GameCube video game console by nearly two weeks, with executives saying they intend to avoid the shortages and frustrated consumers that marked the debut of Sony's PlayStation 2 last fall. news.cnet.com

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