Tuesday, May 14, 2002

Pretty good considering! HP tempers profit report with caution. In its last quarter before merging with Compaq Computer, Hewlett-Packard meets profit estimates but warns that IT spending remains shaky. [CNET News.com] 6:18:26 PM     Comments[]

Can a reverse split be far behind? WorldCom dropped from S&P [IDG InfoWorld] 6:15:38 PM     Comments[]

Now the stalwarts are slipping SBC to Cut 5,000 Jobs. SBC Communications will slash another 5,000 jobs, or about 2.6 percent of its work force, in the second quarter because the slow economy continues to curb its revenue. By The Associated Press. [New York Times: Business] 6:13:21 PM     Comments[]

Business Tone Setters A couple of 'secondary' business news stories today could serve as indicators for the overall state of investment and economic progress. Let's see what's said about Nortel's attempt to raise $2.5B. Then, let's see if HP truly was successful at cutting costs in advance of the Compaq buy-out.   7:42:17 AM     Comments[]

Strong Players Betting on Cable Liberty Bids on Cablecom. The Liberty Media Corporation, controlled by John C. Malone, has made an offer to buy Cablecom of Switzerland from struggling British cable operator NTL. By The New York Times. [New York Times: Technology] 7:35:21 AM     Comments[]

IP Packets Will phone calls get carried on cable or will television get carried on phone connectivity. Most of this relates to the 'first mile' problem. However, among players that have the highest technology all the way to the curb, cable companies are becoming more capable. Will Bellsouth run fiber to the curb? Who'll handle the long-haul? A major Adelphia shareholder plans to install three new board members in a bid to wrest control of the nation's sixth-largest cable-TV company from its founding family. [Wall Street Journal] 7:31:53 AM     Comments[]

© Copyright 2002 Steve Pilgrim.