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Technology Stocks : Cisco Systems, Inc. (CSCO) -- Ignore unavailable to you. Want to Upgrade?


To: RetiredNow who wrote (59949)6/25/2002 2:51:01 PM
From: larry  Read Replies (1) | Respond to of 77400
 
mind, that's exactly what I do. I have lost all my respect to AG in the last 2 years after witnessing more than 50% of my friends (lots of them from this board) losing more than 80% of their wealth in this horrible bear market. Sure we individuals are to be blamed. But if not for him, they would have been ok.

The QQQ is already down 10% from 9/11 low. I suspect that they will take out NAZ and S&P 9/11 lows soon. Where is the next major support? Will we get a major rally only after the DOW tests its 9/11 low? And if that's the case, does it mean that NAZ and S&P will be at 1200 and 800, respectively? I will definitely be a major buyer at those levels. They can go down more but I am looking for a time frame of 20 years, so I am not worried.

larry



To: RetiredNow who wrote (59949)6/25/2002 11:15:38 PM
From: Victor Lazlo  Read Replies (2) | Respond to of 77400
 
mind, are you still clinging to your vision of th einternet as being the pipeline for all kinds of webcasted video and TV and other exciting content and mediums, thus bringing on incredible demand for CSCO's broadband products? Please see below <gg>

YAHOO
Eyes wide shut Yahoo will close down its Webcasting unit, FinanceVision -- once billed as the first online TV network.
SAN FRANCISCO (CBS.MW) -- Faced with a weak advertising market and a slow ramp-up in high-speed Internet access, Yahoo is discontinuing Yahoo Finance Vision, its online finance channel and Yahoo Radio.

Yahoo Finance Vision, which launched in March 2000 and was billed as the first online TV network, informed the employees on Tuesday, according to a Yahoo spokesperson. Fewer than 30 employees were affected and they are expected to be reassigned to other Yahoo divisions.

The move is part of Yahoo's goals to refocus its resources on its core strength as part of its commitment to work towards profitability.

This strategy was outlined at Yahoo's Analyst Day held in November of last year. At the time, Yahoo said it would look at all divisions, including Yahoo Finance Vision.

Yahoo (YHOO: news, chart, profile) is still committed to the broadband space. Later this summer, it's offering its co-branded high-speed access service with SBC Communications.

But it's quite a different broadband strategy than it had when it first forayed into broadband, with the acquisition of Broadcast.com in July 1999.

Yahoo Finance Vision, designed to be an interactive streaming news site with continuous programming, was then launched a year later using the streaming and technical expertise from Broadcast.com.

The division was the only one within Yahoo to create its own programming.

But it was never Yahoo's intent to get into original programming, but rather to present video content that was easily accessible on the Web, according to the Yahoo spokesperson. Yahoo said it would continue to work with the best-of-breed content providers to provide the best content available.

Yahoo Finance Vision does not break out its traffic or its financials. Yahoo Finance will not be effective and will provide streaming news from other providers.

On April 10, Yahoo reported its sixth straight quarterly loss.

Yahoo stock lost $1.36 Tuesday to close at $13.72.