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Technology Stocks : RealNetworks (NASDAQ:RNWK)

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To: sixty2nds who wrote (5836)10/27/2005 7:44:04 AM
From: sixty2nds  Read Replies (1) of 5843
 
A gift from Yahoo today. Just before earnings. Even IF revenues miss by a little the forward guidance should be good. Could competitive pressure be easing? 07:22 YHOO Yahoo Doubling Price of Music Service -- AP (35.46 )

Yahoo Inc. is doubling the price of its online music subscription service for portable MP3 players, ending a short-lived promotion that sought to lure consumers from Apple Computer Inc.'s market-leading iTunes store. Effective Nov. 1, Yahoo will charge about $120 annually for access via download to more than 1 million songs that can then be transferred to portable players. The Internet powerhouse has been charging just under $60 annually -- a price most industry observers predicted wouldn't last when Yahoo entered the market in early May. Subscribing to the service on a monthly basis will cost $11.99, up from $6.99 under the initial pricing plan. That's closer to but still below services from Napster (NAPS) and RealNetworks (RNWK) which each charge just under $15 per month
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