SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Amazon.com, Inc. (AMZN) -- Ignore unavailable to you. Want to Upgrade?


To: Bill Harmond who wrote (85927)12/2/1999 7:51:00 AM
From: Glenn D. Rudolph  Respond to of 164684
 
Yahoo expands Atlanta-based subsidiaries
ATLANTA, Dec 1 (Reuters) - Internet media company Yahoo!
Inc. <YHOO.O> said on Wednesday that fast growth had prompted
it to expand the operations of two newly-acquired subsidiaries
in northern Atlanta.
Santa Clara, Calif.-based Yahoo, which was added to the
Standard & Poor's 500 Index on Wednesday, confirmed that it
would consolidate and expand the headquarters of its Encompass
and Yahoo NetRoadshow subsidiaries in Atlanta's Northcreek
Office Park.
NetRoadshow, an online provider of speeches and events for
investment banks, said it had outgrown its facilities since it
merged with Yahoo in August. Yahoo will also move Encompass, a
leading provider of Internet software, into the same building.
Yahoo purchased Encompass for about $130 million in May.
"We are adding more high-skilled employees, and we expect
an additional 40 to 50 new employees nationwide by the end of
2000," NetRoadshow Chief Executive Officer Nick Ferrante said.
Yahoo's expansion illustrates an ongoing trend which has
seen dozens of technology companies relocate to Atlanta to take
advantage of the city's relatively low labor and real estate
costs.
An economic boom has also prompted local companies to
consider their own expansion plans. Interland Inc., a
privately-held Atlanta-based Web-hosting company, has more than
quadrupled its office space in downtown Atlanta.
Interland Managing Director Bart Hahn said the company
would likely relocate 200 call center employees to its downtown
office sometime in January.
Last week, MindSpring Enterprises Inc., one of the largest
Internet providers in the United States, announced it planned
to move its headquarters within Atlanta to accommodate strong
growth.
Yahoo gained 9-1/2 to 228-1/4 in mid-afternoon trading on
the Nasdaq stock exchange, while MindSpring fell 1 to 30-9/16
on the Nasdaq.
327-5787
REUTERS
Rtr 17:00 12-01-99



To: Bill Harmond who wrote (85927)12/2/1999 12:08:00 PM
From: Lizzie Tudor  Read Replies (1) | Respond to of 164684
 
Thanks... I'll take a look and nibble. Last night there was some Human Genome stuff in the news, they mapped something successfully... looks like real progress there.

BTW today I am selling all my calls except Oracle (Healtheon, etc.) for no reason other than it seems like a good day to sell. Oracle corrected a little and I hear they had a good qtr (that is, if their CFO can manage it) so I'm holding those.

Jan - are you going to short anybody in this strength? Short term, I mean. The yahoo thread has people that are shorting now. I never short at this time of year, I was just curious.