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Oracle had big impact on other software stocks, and the Nasdaq opened up lower across the board. Microsoft, IBM, and Adobe both closed lower, as did most other software stocks. Akamai also too a heavy hit as a company that depends heavily on sales from corporate revenue. SAP and Manuguistics made announcements that reaffirmed their…

The big news for the financial world was Fed Chairman Alan Greenspanis testimony to the House Financial Services Committee in the Testimony Formerly Known As Humphrey-Hawkins. The markets have gone up and down on a roller coaster ride as popular opinion swayed first one way, and then the other on whether or not the Fed…

IBM today announced its highest performing embedded PowerPC® processor – the PowerPC 750CXe. While the PowerPC 750CXe is used as a stand-alone high-performance microprocessor in consumer-based desktop computers, it is also being used increasingly as an embedded processor in a broad range of networking and imaging applications. The new PowerPC microprocessor will be available in…

Then the backwash hit as the logic loop danced back around to the idea that the economy wasnit responding well to the Fedis most recent actions to stimulate the economy. Throughout it all, there was continued talk about the news that Fed Chairman Alan Greenspan was changing his testimony in advance of tomorrowis Humphrey-Hawkinsi testimony…

It seemed like only yesterday when SyQuest was the king of removable media. In those days graphic artists and other people who worked with large files relied on their SyQuest 44 MB or 88 MB cartridges to move their files between their studios and printer shop. It was a love & hate relationship with SyQuestis…

That rally was sparked in part by news that Fed Chairman Alan Greenspan would be changing his testimony to the House of Representatives later this week. That testimony, which used to be called the Humphrey-Hawkins testimony and is now known as the "testimony which used to be called the Humphrey-Hawkins testimony" usually mirrors the testimony…

Richard Hallmark sent us scans of the cover and the table of contents. The cover is a great picture of Steve Jobs standing over three of the original Mac (128k) units. We have another version of that image below as well. Note that Mr. Jobs is in a suit, something that made a lot of…

Sun Microsytems issued lowered guidance for the current quarter in an after hours conference call. After hours trading was halted. The company said that growth will come in between 10-13%, while the Street had been expecting 3rd quarter growth to come in at 30%. Look for this to have a negative impact on hardware stocks,…

Its that time of year again-time for a new Adobe Dynamic Media Reel. Each year the Dynamic Media Team puts together a reel of user work to be shown throughout the world at tradeshows, seminars and industry events (it even shows in the Adobe SJ Lobby). This is a chance to showcase your work. We…

The Dow actually traded on the plus side for most of the morning, then dabbled back and forth in midday trading, only to start a 68 point slide that ended only when the dayis session closed. Tech stocks were hit the hardest today and the Nasdaq spent the entire day in negative territory. At one…

At WWDC 2001, you will receive the very latest information on Mac OS X and other important Apple technologies. Whatis more, you will get it directly from Apple engineers and technology experts in more than 100 in-depth technical sessions and hands-on labs. —————————————- EARLY REGISTRATION BONUS —————————————- To celebrate Mac OS X and this momentous…

The maps are Japanese Castles, Schadenfreude TA, Crossed Paths, and An Iteration of TA Hell. Here is a quote from Paulis .plan. id has just released a map pack containing four team-style maps approved for use with id Softwareis Quake III: Team Arena™ computer game. Their creators are some of the most talented mapmakers in…

Imagine yourself awaking alone in a small unknown ship flying across the cold and dark universe far from Earth in the middle of nowhere A few kilometers nearby, floating in outer space, a huge dead abandoned ship: the U.E.S.C.Marathon, where more than 180 years ago all your battles began You can find more information on…

After the bell, Dell posted earnings of 18 cents a share that were a penny short of Street estimates, but within the 18 cent to 19 cent range offered by the company in recent guidance. The company also announced they would be cutting some 1,700 jobs. HP, on the other hand, met lowered expectations in…

Sig Software is proud to announce the release of NameCleaner 2.1.NameCleaner is an industrial-strength utility for the Mac OS to manipulate file names and types. It is specially designed to help move files to and from foreign file systems such as MS-DOS, Windows 3.x, Windows 95/98, Windows NT/2000, NetWare and Unix.Version 2.1 adds support for…

Contrary to reports that have appeared in the Robert X. Cringley column inthe 2 February 2001 issue of InfoWorld or in the online version of thiscolumn on InfoWorldis website, Adobe is completely committed to developingand supporting the FrameMaker product. Currently, the FrameMaker engineeringand product management teams are busy working on the next major release ofthe…

Mr. Zaret says that AOL needs a media player of its own to leverage all the music, movies, and other entertainment titles AOL/Time Warner own. With QuickTime being one of the best on the market, owning Apple offers AOL the best way to fight Microsoft and the Windows Media player. Besides, the iMac could sold…

. The Mac Observer (TMO): It is clear to see from your strips that you are not only a Mac user, but also a Mac supporter. When did you get your first Mac, and what do you use now? Bill Amend: When I was a kid our family had an Apple II+, then after college…

The effect on todayis overall trading was dubbed The Cisco Effect and most technology stocks closed in negative territory. Bargain hunters helped pick many stocks off their lows in late afternoon trading. Of the stocks we track in the Apple Stock Watch, only IBM and Microsoft traded higher. Microsoftis stock benefitted from speculation that the…

Appleis strong cash position was also cited. Mr. Lemonides said that Apple currently had some US$15 per share in hard assets, including the US$4 billion in cash on hand. This means that if the company was shut down in order to sell itis physical properties, the sale would result in some US$15 per share to…

Officially, Dr. Amelio is joining the ADCis Board of Directors, but the companyis press release says that is "expected" that he will take the mantle of Chairman and CEO after negotiations are completed. Dr. Amelio was the CEO of Apple for some 15 months in 1996 and 1997, having taken over after taking over from…

Also impacting computer hardware stocks was Sun Microsystems. Sun announced a new initiative called OpenNet that is designed to compete with Microsoftis .Net. Note the thinly veiled attack on Microsoftis proprietary approach. Sunis CEO Scott McNealy has a long running nasty relationship with Microsoft and its founder Bill Gates, and Steve Ballmer. The two companies…

Steven Wozniak of Los Gatos, Calif., who founded Apple Computer with Steve Jobs in 1977 to manufacture and distribute their invention, the first ready-made personal computer. Since retiring from business, he has worked on charitable projects on the arts and expanding computer literacy. The $250,000 award, bestowed annually by the Heinz Family Foundation since 1993,…