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: Glenn D. Rudolph who wrote (126282)6/10/2001 1:31:33 PM
From: H James Morris  Respond to of 164684
 
>I do not agree with the advertising based model either.
Why do you think even the clowns at the Motley fool might be going broke?
Do you know what I call those clowns? Internet bubble clowns!
>Motley Fool trims work force
The Motley Fool, which publishes a popular online finance site, has laid off 45 employees, or about 25 percent of its staff, in its second round of layoffs this year. A company spokesperson said yesterday that the latest cuts will bring the head count at Alexandria, Va.-based Motley Fool down to 130, from an all-time peak of 350. In February, the company cut 115 jobs. Motley Fool is one of several online content sites that has suffered from the downturn in the Internet advertising market. The company also generates revenue from syndicated radio and a newspaper column, and from selling some premium research beyond what is available for free on the site. However, it continues to depend on advertising for a large portion of its revenues.



To: Glenn D. Rudolph who wrote (126282)6/10/2001 2:10:10 PM
From: H James Morris  Read Replies (1) | Respond to of 164684
 
>I do not agree with the advertising based model either
Tell Billy that, and you'll get the hook.