Internet service provider learns from its mistakes
Article Abstract:
America Online Inc (AOL) has learned early that it cannot change media on its own. This lesson, which the company learned from having failed with its Entertainment Asylum venture in Oct 1997, is the reason behind its purchase of Time Warner. AOL's setback with Entertainment Asylum taught the company, which has always had problems in creating original content, that buying entertainment content is better than actually generating it.
Publication Name: USA Today
Subject: News, opinion and commentary
ISSN: 0734-7456
Year: 2000
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Jenny Craig to put weight-loss company up for sale
Article Abstract:
Jenny Craig Inc's owner Jenny Craig is expected to announce on May 14, 2001 strategic options that include the sale of the weight-loss firm. Saying they are open to all possibilities, Craig believes investors have grossly underestimated the company's value. Also, Craig says she will consider a partnership with a bigger food or health firm with a foothold in other countries interested in weight-loss programs. Craig and husband Sid own 70% of the firm.
Publication Name: USA Today
Subject: News, opinion and commentary
ISSN: 0734-7456
Year: 2001
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Nasdaq rally rides along thin rails
Article Abstract:
Technology stock prices continued their increase with the Nasdaq composite reaching 3700 for the first time, increasing by 93.11 points to 3715.06. Analysts are saying that some of the stocks are overvalued but investors seem unconcerned. Analysis of the increase in the Nasdaq 100 indicates that investors are unloading their losing stocks and buying stocks that are winners. One analyst opined that if speculative behavior continues to surge, the forthcoming bear market would be one of the most devastating in history.
Publication Name: USA Today
Subject: News, opinion and commentary
ISSN: 0734-7456
Year: 1999
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