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Friday, October 11, 2002
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Dow Jones & Company, publisher of The Wall Street Journal, reported third-quarter net income yesterday of $2.4 million, a drop of about 85 percent from the $16.7 million in the quarter a year ago. Revenue fell about 11 percent, to $352.4 million from $397.6 million a year earlier.
The chief executive, Peter R. Kann, called the business environment for The Journal "uncontrollable and awful."
"From a simplistic point of view, we've gone from a market nine months ago that was trying to look ahead and assume the best, to a market looking a foot ahead and assume the worst."
 11:50:54 AM Google It! comment
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The telecommunications equipment maker, which will also report a wider-than-expected loss in the fourth quarter, said the layoffs will reduce its total work force to 35,000.
CNET News.com
10:48:01 AM Google It! comment
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Plus, yahoo for Yahoo!, and digital radio loud and clear.
The Motley Fool
iSay - GET OUT OF SECURITIES! What a misnomer, securities, should be insecurities. The market is filled with manipulators, liars, and thieves. You are gambling with your principle. Find something that has real value, that you understand and buy it.
10:27:17 AM Google It! comment
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What distinguishes the leader from the misleader are his goals. Whether the compromise he makes with the constraints of reality -- which may involve political, economic, financial or people problems -- are compatible with his mission and goals or lead away from them determines whether he is an effective leader. And whether he holds fast to a few basic standards (exemplifying them in his own conduct) or whether "standards" for him are what he can get away with, determines whether the leader has followers or only hypocritical time-servers.
The second requirement is that the leader sees leadership as responsibility rather than as rank and privilege. Effective leaders are rarely "permissive." But when things go wrong -- and they always do -- they do not blame others. If Winston Churchill is an example of leadership through clearly defining mission and goals, Gen. George Marshall, America's chief of staff in World War II, is an example of leadership through responsibility. Harry Truman's folksy "The buck stops here" is still as good a definition as any.
10:15:11 AM Google It! comment
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e.thePeople (Democracy is a conversation) asks the question and receives replies from "just folks".
5:05:59 AM Google It! comment
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