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.
Non-Tech : Quote.com QCharts -- Ignore unavailable to you. Want to Upgrade?


To: Michael Condra who wrote (17698)4/2/2004 8:55:13 AM
From: g_m10  Respond to of 17977
 
Michael,

Please, remove the spike from daily (weekly, monthly, etc.) SPX.X charts.
BTW, could not report the spike from the help section of QCharts

TIA



To: Michael Condra who wrote (17698)4/10/2004 1:58:37 PM
From: TFF  Read Replies (2) | Respond to of 17977
 
Looks like MCondra and 1/2 staff got the boot:

elitetrader.com

Attn: QCharts Users
Since the QCharts Yahoo Groups Moderator won't allow me to post this in that list... hopefully the word will get around that this is here.

-----------
To the QCharts Yahoo Groups List,

Most of you aren’t aware of recent events at Quote.com, so I, Mr. Random Lycosian, shall bring you the latest. As of today, half the QCharts Support Staff including their manager was laid off… This was decided by Mr. Don Zereski out of the Waltham, MA office. Most of you who have tried to contact support in the past have been frustrated with long wait times and substandard support… well these changes will only make things worse.

This isn’t the worst of it though… not even close. Our beloved Mike Condra has left Quote.com! Rumor has it that he has taken at some other competitor (i.e. maybe RealTick?). No more updates on QCharts as he was the only developer working on it and no more answer on this forum. Other recent departures:

LiveCharts & Continuum Developer
Continuum (Quote.com Server) Developer
Continuum Development Manager
Network Architecture Manager
Product Support Admin. Manager
QCharts Product Manager

This does not bode well for us, guys and gals. I wish I had better news, but it looks like QCharts will either be milked for everything it’s worth and fail within the year, or be sold off and assimilated into a competitor.

Yours Truly…
Random Lycosian



To: Michael Condra who wrote (17698)8/2/2004 2:16:50 PM
From: TFF  Respond to of 17977
 
Lycos fetches a paltry price

By Bambi Francisco, CBS.MarketWatch.com
Last Update: 7:55 AM ET Aug. 2, 2004

SAN FRANCISCO (CBS.MW) -- Wasn't it just yesterday that Lycos was sold to Terra Networks for $5.8 billion in stock?




Actually, it was more than three years ago. But now, South Korean Web site operator Daum Communications said it's buying Lycos from Terra Lycos for $95 million, according to published reports.

Early Monday, Terra Networks (TRLY: news, chart, profile) confirmed the transaction, which it valued at $545 million. The Madrid-based Internet unit of Spanish telecommunications giant Telefonica (TEF: news, chart, profile) said the book value of the assets to be received prior to the sale is initially estimated at about $435 million, yielding a $105 million price tag for Lycos.

The deal didn't come as a surprise to Lycos observers. Analysts had been expecting Terra Networks to dispose of Lycos for some time. Interactive Search, which was formerly known as Focus Interactive, had been eyeing Lycos last summer. See Net sense.

Earlier this year, Ask Jeeves (ASKJ: news, chart, profile) bought Interactive Search for $343 million.

The Lycos price tag of less than $100 million should give anyone pause about the prices paid for promising companies.

Back in May 2000, Terra Networks initially valued Lycos at $12.5 billion when it was first announced in mid-May, but the value of Terra Networks' American-listed shares plunged in recent months, cutting nearly $7 billion off the buyout price. See previous story.

What does Bob have to say?

Bob Davis was at the helm of Lycos at the time the search engine went public in 1996, along with Yahoo (YHOO: news, chart, profile) and Excite, which was eventually merged with AtHome, and then subsequently went into bankruptcy. Excite's assets were eventually sold for $10 million.

Davis is now a venture capitalist at Highland Capital Partners. He said he joined the VC outfit on the day he left Lycos back in 2001.

But Davis still has his hand in the search industry. He's invested in Quigo, a search technology company. Davis says that businesses that can maximize return on investments for paid-search advertisers will be a growth area.

Given that Davis sold his search company for such an inflated price, the question to him is: Does he think Google is worth $32 billion, and what's the next stage of growth for search?

The next stage of growth for search, Davis believes, is that Google goes public and the hype slows down.

Given that Davis believes there is hype, and there certainly was that during 2000 when he sold his company for an inflated price, the question to ask is: Is Google's price hyped?

Davis didn't exactly answer that question, only to say: "It's a pricey transaction. Google is worth whatever the market will support."

He did suggest however that prices may not hold up. That's certainly the case with his former company, which went from a valuation of $12.5 billion to $95 million in less than four years.