Word: marketwatch
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...bottom of the ninth in a ball game that could go either way. The pitch finally came at 11:15 am Pacific time when Google's S-1 filing hit the Web announcing that they had made $106 million in 2003 on sales of $962 million. Minutes later CBS Marketwatch reported that the company intended to sell $2.7-billion worth of stock on the public market. Going, going, gone...
cbsmarketwatch.com Rather than link to the same wire stories found at other business sites, MarketWatch has its own staff of reporters and writers delivering up-to-the-minute market news and first-rate commentary. Next to every company name are links to that firm's stock chart, profile, related news and other information...
...cheap, the new medium threatened their businesses with extinction or, worse, irrelevance. They did what any responsible business owner would do when faced with such a situation: they attempted, quite successfully, to co-opt the revolution by launching their own Internet news and analysis sites. By 2001, CBS Marketwatch, CNN.com and Dow Jones OpinionJournal.com had proven far more influential and popular than their upstart new economy challengers TheStreet.com, Slate.com and Salon.com. The revolution, it appeared, was over...
...central clearinghouse for Time Warner's content. That's not prime Internet real estate, and there are some murmurs within Time Warner that AOL's quest for its own content is exceeded by its lust for rent-paying deals. Don't expect Time Inc.'s Money.com to replace CBS MarketWatch on AOL anytime soon...
...year--but none of them, served up amid a frenzied IPO market, have been pure Internet plays. (One other, much less endowed company, efox.net Inc., has registered with the Securities and Exchange Commission for an IPO.) And remember, many recent Internet IPO stars were companies with no earnings--think Marketwatch, theglobe.com and Geocities. IEG is already hugely profitable. If it were comparably valued, it would be worth hundreds of millions. "So far as whether it would be successful," says Gail Bronson, senior analyst at IPO Monitor, "you betcha. We're talking real revenue, real earnings, real product...