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Technology Stocks : Broadcast.com (Acquired by Yahoo)
YHOO 52.580.0%Jun 26 5:00 PM EST
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To: Axxel who wrote (792)3/17/1999 2:00:00 AM
From: neverenough  Read Replies (1) of 1260
 
Lets hope so Axxel. IMO, Cuban thrives on attention and cares about shareholder value, theres no doubt he's got a few more tricks up his sleeve.

cbs.marketwatch.com

Broadcast.com (BCST) Chief Executive Todd Wagner said he's "talking to everybody" in response to a question about whether he's meeting with big radio companies, but he wouldn't say what they're discussing. He said one of the companies is radio giant Chancellor Media (AMFM) owner Hicks Muse Tate & Furst, one of the first investors in his company. The Webcaster is no stranger to radio, having previously inked deals with radio operators to broadcast content on the Internet. In a keynote address at the PaineWebber conference, Broadcast.com said it's the dominant Internet broadcaster with steep barriers to entry. It boasts more than 1,000 multimedia-streaming servers able to support 650 simultaneous events. The Internet broadcaster said it's seen several days of traffic exceeding 1 million users, is beefing up its sales force and is focusing on licensing video content. It's also targeting operating profit of 18 to 22 percent in three to five years. Already well-known on Wall Street, Broadcast.com enjoyed particular attention for its key role in January's Webcast of a highly publicized Victoria's Secret fashion show.
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