Today's News On One Page
December 6th, 1999
The Y2K melt-up in tech stocks continued as the Dow gave back some of its gains from Friday. Trading was reported as a "quiet", while the ongoing rally narrowed its focus. Most stocks outside a select group of technology leaders were down. Apple climbed 1 3/8 or 1.20% to close at 116 3/8 on slightly below average volume. Apple traded most of the day flat or down a fraction, then in the last 20 minutes of the trading session a surge of buying moved the stock higher. The Dow sagged 61 points (0.54%) to close at 11225, on a volume of 902 million shares traded. The unstoppable Nasdaq gained 25.37 points (0.72%) after Friday's big surge due to benign inflation data and much short covering by the big hedge funds. Volume was 1.35 billion shares traded. Today was another new closing high for the Nasdaq. Yawn. The S&P 500 lost 10.23 points (0.71%) to close at 1423.07 after setting a new closing record on Friday. The bellwether 30-year Treasury bond rose 4/32 to close at 98 10/32, the yield dropped to 6.24% from 6.26% on Friday. In Apple related businesses, Akamai rose 9 3/4 to close at 216 3/4. Adobe lost 3 9/16 to end at 63 1/8. Macromedia soared 4 1/16 to close at 80 11/16, a new high. Symantec was up a dollar to close at 52 1/16. Arm Holdings also hit a new high today, up 9 5/8 to 165 5/8. Apple's Power PC partners big winners , IBM blasted up 4 points, after Friday's 6 9/16 run, to close at 115 7/8, while Motorola gained 9 1/2 after Friday's 5 7/16 gain to end at 133 1/2, a new high. Apple's competitors were mostly down, Dell slipped lower as did Gateway, Intel, Hewlett Packard and Microsoft. Only Compaq beat the Wintel down draft today to close up 5/8 at 26 5/8 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.
[5:00 PM] Apple Stock Watch: The Mega-Rally Continues, Apple Climbs To Another New High on Price Target Upgrade
by Wes George
[8:00 AM] Tis' The Season To Put Christmas Lights On Your Mac by Staff Tiger Technologies has released a new version of the holiday classic, Holiday Lights. Holiday Lights 5.0 adds some stability and performance enhancements, as well as a host of new features. Unfamiliar with Holiday Lights? The traditional description of Holiday Lights is, "...that a small (and well insulated) elf crawled into your computer and hung a sting of lights around the edge of your screen." According to Tiger:
Holiday Lights is available as shareware for US$19.95. Version 5.0 is free to registered users of any other version. You can find more information at the Tiger Technologies web site. The Mac Observer Spin: Several members of the staff love this program. For most of us, our Macs are a huge part of our lives. Using Holiday Lights, some seasonal desktop patterns, a few holiday alerts from Clixsounds, and a Kaleidoscope scheme, it is easy to decorate your computer for the holidays. |
[8:00 AM] Phase 5 Enters US G3/G4 Upgrade Market by Staff phase 5 digital products, a name without capital letters, has thrown it's hat into the G4 upgrade market. The MACCELERATE series, a name with all capital letters, is available for older PCI Power Macs, while the G3 POWER BOOSTER adds G4 capabilities to the beige and Blue & While G3 series. Based in Europe, phase 5 also marks the beginnings of sales in North America. According to phase 5:
For a full price list, and more information, you can visit the phase 5 digital products web site. |
[8:00 AM] Are You A Nurd? by Staff Expanding the family of Mac-centric web sites, MacNurd launches this week. MacNurd will offer a unique perspective on the Mac community, along with the traditional array of, reviews, and other Mac news, MacNurd will focus on trouble shooting and how-to information. According to MacNurd:
You can visit the MacNurd web site for the full experience. The Mac Observer Spin: Welcome to the neighborhood, MacNurd! |
[8:00 AM] Book'em Danno! by Staff Everyday Software has released a new web browser bookmark management utility called Bookit. Bookit provides a host of powerful features, and promises to make organizing large numbers of bookmarks more simple. According to Everyday Software:
Bookit is available as shareware for US$9. You can find more information and download links at the Everyday Software web site. |
[8:00 AM] Put Some Eye Candy In Your PhotoGraphics by Staff Extensis has a special holiday offer on the popular Photoshop plug-ins, Alien Skin Eye Candy and PhotoGraphics. Eye Candy provides a number of professional quality filters, and PhotoGraphics allows easier access to superior text editing tools. According to Extensis:
Until December 20th, the Alien Skin Eye Candy/Photographics bundle is available for US$219.95. You can find more information at the Extensis web site. |
[5:20 PM] The Mac Observer Welcomes A New Family Member To The World! by Staff The Mac Observer is proud to welcome a new member of the family to the world! Skylar Jade Hamilton was born to Lisa Hamilton and our President & CEO, Dave Hamilton. Skylar is the Hamilton's first child and is a beautiful baby girl who weighed in at 7 pounds, 1 ounce. Born early on Saturday morning, Skylar is healthy and doing very well. According to Mr. Hamillton:
The Mac Observer was unable to speak to Mrs. Hamilton who was being sedated after punching her husband numerous times. Skylar's first sounds, after screaming her anger at Bill Gates for being forced out of the womb into a world dominated by Windows, sounded suspiciously like "Moof." The Mac Observer Spin: The truth of the matter is that Skylar looks like Mrs. Hamilton. It's great to have a new Observer in the world, especially one born to such great people as Dave and Lisa. We wish them all the luck in the world with their new baby! The Mac Observer offers them a big Mac Observer Salute! If you would like to send Dave and Lisa a congratulatory e-mail, they would love to hear from you. |