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Technology Stocks : CellularVision (CVUS): 2-way LMDS wireless cable.

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To: gtc123 who wrote (927)1/27/1998 8:52:00 AM
From: James Fink  Read Replies (2) of 2063
 
Below is the article announcing Bruce Judson's resignation from Time Inc. about ten months ago. This guy seems to be unstable and job-hop very frequently. Maybe CVUS is better without him.

-- April 14, 1997

Head of New-Media Unit
At Time Inc. Steps Down

NEW YORK -- The general manager of Time Inc.'s new-media division resigned without a successor being named.

The Time Warner Inc. publishing unit has been striving to chart a profitable course for its new media operations, especially Pathfinder, an umbrella site for Time Inc. magazines on the World Wide Web. With Pathfinder struggling, some of Time Inc.'s individual publications have chafed at the overall new-media strategy, while Time Warner's recent merger with Turner Broadcasting System Inc. has increased the pressure to cut spending.

Now comes the departure of Bruce Judson, the division's general manager, less than four months after the resignation of Paul Sagan, who had been president and editor of new media. When Mr. Sagan left, saying that he wanted to spend time with his family, the company named Daniel Okrent to succeed him as editor.

But no new president has been named. Norman Pearlstine, Time Warner's editor in chief, took an increased day-to-day role and has been serving as acting president for the new-media operations. Time Inc. didn't immediately name a successor for Mr. Judson either. People familiar with Mr. Judson's departure said a broader reorganization is on the way, and details could be announced as early as this week.

Mr. Judson was responsible for business development and reported to Mr. Pearlstine. He said he has no immediate plans but is "having discussions" about Internet-related opportunities. Mr. Judson also said he told Time Inc. several months ago of his plans to leave, but agreed to stay on longer in the wake of Mr. Sagan's departure. "I want to participate in the Internet economy," Mr. Judson said.

Pathfinder was among the first Internet outposts from a major media company. But like other such efforts it has struggled to find revenue and create a brand identity as compelling as that of print publications.
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