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Strategies & Market Trends : Galapagos Islands -- Ignore unavailable to you. Want to Upgrade?

To: Oral Roberts who wrote (48306)	10/23/2003 3:05:12 PM
From: AugustWest	Read Replies (2) \| Respond to of 57110

Hey, check out PHM! LOL, sure I wasn't content with my AMAT and KLAC short positions I had to go ahead and try shorting Pulte too Well, it showed me who the boss is. Only took about 20 minutes for me to get stopped out for a 70 cent loss. Funny thing is I consider myself lucky. Maybe I'll try it again here before the close. What's that saying? A fool and his money are soon parting? I like it better with a twist: "A fool and his money are soon partying!!!! Yippiety yahoo!

To: Oral Roberts who wrote (48306)	10/23/2003 3:10:46 PM
From: Alan Smithee	Read Replies (2) \| Respond to of 57110

X-10 headed for the dustbin of history (Curiously, I know their attorney.) Pop-up ad pusher X10 files for bankruptcy By Tricia Duryee Seattle Times Eastside business reporter The notorious Internet pop-up ads of scantily clad women being viewed from miniature wireless cameras might be gone forever. X10 Wireless Technology, which sells the cameras mainly through the Internet, filed for Chapter 11 bankruptcy Tuesday in U.S. District Court, seeking a voluntary reorganization. The filing comes just two weeks after a Superior Court jury in Santa Ana, Calif., ordered X10 to pay $4.3 million in damages to three brothers who claimed the company stole their proprietary technology and failed to pay $564,000 in commissions. The brothers, who had founded AdvertisementBanners.com in Yorba Linda, Calif., were listed as X10's largest unsecured creditor, at $3.9 million. X10 attorney Ada Ko, of Lane Powell Spears Lubersky in Seattle, said the bankruptcy wasn't a result of the lawsuit but of overall business. "The lawsuit was just another creditor." X10 may have been one of the first companies to take full advantage of pop-under and pop-up technology. It used splashy, colorful ads to draw attention to its Web site from such Web sites as The New York Times. At its height two years ago, X10.com was the fourth-most visited Web site — ahead of well-known names like eBay and TerraLycos, according to research firm Jupiter in Darien, Conn. The strategy may have backfired. Jupiter found that nearly two-thirds of the people who saw the ads closed the browser within 20 seconds. Todd Hanson, an analyst with Gartner in San Jose, Calif., who used to follow X10, said he was disappointed. "I know they've had sharkish marketing tactics, but the products are clever," said Hanson, who has a wireless camera on his porch and can turn on the TV to see who's there when his doorbell rings. "The user in me says bummer, but the analyst in me says maybe they had it coming." The company, which lists its headquarters in Kent, did not return phone calls seeking comment. It is claiming to have less than 200 unsecured creditors who are owed less than $50 million. It has up to $10 million in assets. Other unsecured creditors listed in the filing include: America Online for $55,413; FedEx, $39,930; Foxnews.com, $40,866; and Google, $69,984.