Today's News On One Page
November 11th, 1999
[4:15 PM] Powerful Storage Networking Tool Brings Up To 200 MB/Sec Data Transfers by Staff A powerful networking tool is coming to the Mac (and Win NT). Charismac has pre-announced that they will be announcing a new product called FibreShare at Comdex next week. The product works with fibre channel networks and allows network administrators to build networks capable of up to 200 MB/sec data transfer. Aimed at markets that transfer huge files, this FibreShare will be an important product for Macs in the corporate market. According to Charismac:
Since the product has not officially been announced, despite the company's press release, their is not specific information on the product at the company's web site. Pricing and availability have also yet to be announced. |
Happy Veteran's Day! The US stock markets continued their divergent trends today. While the Nasdaq extended its remarkable technology rally, the NYSE proved nervous ahead of next week Federal Reserve's policy meeting. Bond markets were closed for the holiday. Trading was directionless for most issues not in the news. The Nasdaq rose 41 points (1.3%) to close at 3197 on a volume of 1.37 billion shares traded. Rally conditions prevailed again to set the 9th record high in the last ten sessions, up about 280 points in two weeks. Today was also the 4th largest volume day for the Nasdaq. Semiconductor stocks hit new highs as Merill Lynch upgraded its price target on the sector. Merill said that demand for computer chips will stay high for several years. The Dow spent most of the day down, ending off 2.44 (0.02%) to close at 10595 on a volume of 876 million shares. The S&P 500 advanced 8 points (0.58%) to close at 1381. Tomorrow, the 3rd quarter productivity data are set to roll out. Look for the all important hourly cost of wages that bond traders are watching closely for any tell tale rise of inflationary pressures. Also expect October retail sales to be released Friday. After spending much of the day in negative territory Apple moved ahead 13/16 to end the session at 92 1/4 on half the normal volume. Apparel retailer Gap Inc.(GPS) traded up fractionally to closed at 34 1/4 after beating 3rd quarter estimates with a 27% increase in sales. Profits rose 32% to $315 million or 35 cents a diluted share from $237.7 million or $0.27 per share last year. Steve Job's brought the Gap's CEO Millard Drexler onboard the Apple Broad of Directors early this year to tap his retail savvy. Dell rose 2 to 43 7/16 on hopes that 3rd quarter earnings, to be announced this afternoon, will beat analyst's expectations of $0.18 per share. Dell's earnings for the quarter had been revised down from $0.20 per share because high DRAM prices have eroded Dell's profit margin. Compaq rose by 1/2 point to close at 22 1/2 after yesterday's released of a new computer called the iPaq in honor of Apple's iMac. Microsoft (MSFT) bounced off a solid support level, up 2 1/2 to close at 89 5/8. Microsoft signed a marketing deal with Tandy Corp (TAN) to install kiosks in their Radio Shack stores. Gateway and Intel also both ended the day higher. Red Hat (RHAT) got a boost of 8 1/4 points to 103 1/2 on the news that Oracle will help promote Red Hat Linux. Be Inc. (BEOS) gave back some of the "Microsoft effect" gains of early this week, down 1 3/8 to 131 5/16. In Apple related stocks, Pixar, Arm Holdings and Macromedia posted gains, while Akamai, Adobe and Symantec were down. Apple's Power PC partners, IBM and Motorola both showed weakness in spite of the semiconductor rally. Oracle hit a new all time high up 3 3/16 to close at 62 1/16. For full quotes on all the companies mentioned in this article, we have assembled this set of quotes at Yahoo! for your reference. We also have many of these same quotes reported live (20 minute delay) on our home page. For other stories regarding Apple's stock activity, visit our Apple Stock Watch Special Report.
[4:10 PM] The Apple Stock Watch: Veteran Day Tech Rally, Apple closes up to 92 1/4
by Wes George
[3:45 PM] New Mailing List Announced For Mac Digital Video by Staff Eric Prentice, The Macintosh Guy, has announced a new mailing list for people interested in Macintosh digital video. The new list is called the MacDV List, appropriately enough. According to Mr. Prentice:
You can find more information on the MacDV List at the company's web site. |
[3:00 PM] Microsoft Continues To Show Just How Innovative They Are by Staff In another stunning example of Microsoft's innovative business efforts, the company has announced a "strategic alliance" with Tandy Corporation. The alliance centers around a, now get this, a "store-within-a-store: that will be featured in many, if not all, of the 7,000 Radio Shacks around the country. Microsoft will be peddling internet access in these "stores." Other parts of the deal include a huge wad of cash going to RadioShack for their online e-commerce site as well as a sweetheart advertising deal for RadioShack on MSN.com. According to Microsoft: [Editor's Note: This is Microsoft's press release. It is long-winded, but we are presenting it in its entirety dave for the fluff quotes from company execs. For more commentary, read The Mac Observer Spin at the end of the article.]
For more reading, Microsoft has set up an "interview" in their "presspass" section of their web site. The Mac Observer Spin: All right, does this sound like one of the most ridiculous concepts to anyone else? A "store-within-a-store" that sells Internet access? That calls for a set of brochures and a lovely cardboard standup, not a "store-within-a-store." Certainly this move will dupe more people into signing up with MSN, and is a powerful tool in the ongoing, and seemingly newly heated, race between AOL and Microsoft for eyeballs. However, our take on this is that Microsoft has pushed forward this initiative, including a hefty chunk of change from the petty-cash box stuffed into Tandy's corporate pockets, in order to give Wall Street something pretty to think about instead of Judge Jackson's nasty ruling. This is supported by the fact that the design of the "store-within-a-store will begin immediately." If this had not been rushed, the two companies would have waited the extra half-hour it will take to design this new "addition" to RadioShack. This seems to have been a successful tactic too as MSFT closed at 89 5/8, a gain of 2 1/2. Is this the Freedom-To-Innovate Microsoft talks so loudly about? This entire announcement is nothing more than a big pile of fluff. |
FontBuddy has been updated to version 1.3.1, ToolDaemon enters a new age with the release of version 2.0, and MacTuner gets tweaked to version 2.1.2. These are the most recent updates listed at The Mac Observer's VersionMaster. You can find all the most recent Mac software updates with this service.
[2:00 PM] VersionMaster Latest Updates: FontBuddy, ToolDaemon, And MacTuner
by Staff
[1:30 PM] Sonnet Joins The G4 Crowd With New G4 Upgrade Cards by Staff Sonnet Technologies has announced a new G&4 upgrade product line to join their existing G3 products. The new cards fully support AltiVec, or The Velocity Engine, and are shipping in 350 MHz and 400 MHz versions. According to Sonnet:
You can find more information on the Crescendo G4 at the company's web site. The Crescendo G4/350/1M is priced at US$699 while the Crescendo G4/400/1M is priced at US$999. The company says that resellers are stocked now. |
[Column] iTeen - A Powerful, Yet Cheap Alternative To A Laptop |
[Column] Ask Dave - DSL Stalls, Word 6 Crashes, and More Bad RAM |
[9:15 AM] Soapy! Special Millennium Deal On TextSoap by Staff Unmarked Software is offering a special deal on the internet based text organizing utility, TextSoap. TextSoap is a valuable tool for those that frequently copy and past text from the Web, or send or receive forwarded e-mails. According to Unmarked Software:
TextSoap 2.1 is currently available for US$15. This price is good only until Jan 1, 2000. You can find more information at the Unmarked Software web site. |
[8:30 AM] We Don't Need No Stinkin' After Dark!, Ambrosia Offers Eclipse Competitive Upgrade by Staff Ambrosia Software is attempting to fill the void left by the imminent departure of the After Dark screen saver. Ambrosia is offering a competitive upgrade for After Dark users to the OS 9 friendly Eclipse. According to Ambrosia Software:
Users who wish to upgrade to Eclipse can do so for US$10, a savings of 33% of the full version price. This offer is good through December 31, 1999. You can find more information at the Ambrosia Software web site. The Mac Observer Spin: Good for Ambrosia! This company is one of the finest examples of a Mac software development company on the market. They have brought great Mac games and other useful utilities to the Mac for years, and now they are stepping up to the plate one more time. The Mac helped make Berkeley Systems, but Berkeley has thumbed its nose at the legions of Mac After Dark users who want to upgrade their systems to Mac OS 9. So, go try Eclipse if you are looking for a screensaver. |
[8:30 AM] Xtra! Xtra! Read All About It! PDFs For Macromedia! by Staff Integration New Media has announced a cross platform PDF utility for Macromedia products. PDF continues to emerge as the dominant format for file exchange, programs like PDF Xtra 1.0 will continue to appear and facilitate the use of the PDF format. According to Integration New Media:
PDF Xtra is available for US$199. You can find more information at the Integration New Media web site. |
[8:30 AM] Japanese Assistance Sought For Software Translation by Staff Public Access Software, publisher of the recently announced Tape utility, is in search of assistance to translate the product into Japanese. According to Public Access:
Anyone who is interested, and capable, should contact Public Access Software. |
[8:30 AM] Ambrosia Updates Galore In Ambrosia CD 4 by Staff Ambrosia Software is shipping version 4.0 of Ambrosia CD. The new CD is a valuable software tool for users of Ambrosia Software products and recently released OS 9. According to Ambrosia:
Ambrosia CD 4.0 is available for US$10. Purchased in conjunction with a software registration, users can purchase the CD for US$5. You can find more information at the Ambrosia Software web site. |