Today's News On One Page
November 4th, 1999
The Nasdaq had another good day advancing 27.6 points (0.9%) to close at 3056.11. This was the fifth record high session for the Nasdaq in a row and today's volume of 1.315 billion shares traded was the fifth largest trading volume on record. The Internet Index (IIX) hit a new all time high and the online brokers were especially strong on the news that 18% of US investors have traded securities on line. The Dow closed up by 30.5 points, (0.29%) to end the day at 10639.57. The S&P 500 advanced 7.72 points, (0.57%) to close at 1362.65. The 30-year US Treasury bond was up 18/32 to close at 100 14/32, the yield fell to 6.09% from 6.131% on Wednesday. The European Central Bank raised interest rates by half a percentage point, while the Bank of England raised its repo rate by a quarter of a point to 5.5%. Both moves were widely expected. A story suggesting that the Federal Reserve may not raise interest rates November 14th because the economy seems to be peaking appeared in the Washington Post today. Tomorrow morning's employment figures will set the mood of the market. Apple continued its rally to yet another record high closing at 83 5/8 up 2 1/8 or 2.61% on less than average volume. Yesterday, Lou Mazzucchelli, an analyst with Gerard Klauer Mattison & Co., said he has a price target of 90 on Apple's stock. "I think people are getting the message that something real is going on," Mazzucchelli explains. "There are no earth-shattering announcements coming out of the company. Everything is doing well." In Apple related stocks Akamai (AKAM), on its fifth day of trading, suffered a fit of profit taking to close down 17 5/8 at 173 1/4. Arm Holdings (ARMHY) extended its uptrend by 3 1/2 to 100 1/2. Oracle advanced another 7/8 to close at 58 3/16. Apple's Power PC partners were mixed, Motorola was up strongly while IBM closed down again. Adobe, Symantec and Pixar all closed higher. While Macromedia closed fractionally down. Apple's PC rivals had a good day too. Gateway, Dell, Compaq, Hewlett Packard and Intel all closed higher, only Microsoft weakened by 1/4 to close down at 91 3/4. 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] Apple Stock Watch: Apple's Third All Time High in a Row
by Wes George
[4:00 PM] N2MP3 Now Compatible With Mac OS 9
Proteron has released an update for its MP3 app, N2MP3, that brings Mac OS 9 compatibility. The new version, 1.0.3, also brings other enhancements. According to Proteron:
You can download a free trial version of N2MP3 from the company's web site. The full version is priced at US$34.95. The update is free to registered users. You can find more information on the product at the company's web site. |
[3:40 PM] Team Mac Observer Still Pushing Against #21
Team Mac Observer, our SETI@home team, continues to nudge up against the #21 Club Team. The Team has grown to 313 members during the last week and our team average time has fallen below 17 hours at 16 hr 59 min 09.6 sec per work unit! This makes Team Mac Observer the fastest Mac team in the Top 100 Club Teams. Congrats to all Team Members! Check out the Top 10 Fastest Times to see our speediest Team members. If you need more information on SETI@home, read all about it. If you are not a member yet, it's easy to sign up for and a fun project to be involved with. We have all the instructions you need to get signed up in a few minutes. If you are signed up, get your friends on board! You can also get your company's logo on the Team home page just by signing up 2 computers in their name. |
[2:30 PM] NewTek Announces LightWave Support For, Boasts About Performance In, Mac OS 9
The makers of LightWave 3D, one of the premier 3D solutions, have announced that the two most recent releases of LightWave 3D support Mac OS 9. The company also boasts about the performance of the packages when running in Mac OS 9. According to NewTek:
You can find more information on LightWave [6] and LightWave 3D 5.6 at the company's web site. |
The file manipulation utility, A Better Finder Select, has been moved to the next generation with version 2.0, NetBarrier has been updated to version 1.2, and the IRC client Snak has been bumped to version 3.1. 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.
[1:30 PM] VersionMaster Latest Updates: A Better Finder Select, NetBarrier, And Snak
[1:30 PM] It's An iMac! It's A Computer! No, It's, It's... A Clock?
A very cool clock seems to have surfaced with a familiar design. Two Observers wrote to tell us that this clock is selling in at least one retailer, Staples, and has surfaced on eBay. The design is an *exact* reproduction of the iMac and is manufactured by Timex. According to Observer John Patsfield:
An Observer named "Jack" sent us the URL of an auction on eBay. That, in turn, led us to the other flavors on auction from the same person. Unfortunately, we couldn't find any information on this product from Timex, so if you want to see it (which you do), you have to see the images on the auction. Those images being owned by the auctioneer, we can not re-post them here. Timex would not return our phone calls for more information. Apple too, was unavailable for comment. The Mac Observer Spin: The interesting thing will be whether this clock was licensed from Apple. The design is not similar to the iMac's, it's an exact copy. It would be clever of Apple to leverage the iMac's distinctly look to make money from merchandising (and wouldn't that be a first! Merchandising a computer!), but it isn't their modis operandi. If that is the case, then Timex has lifted the design, but that too seems unlikely. Hopefully, one or both of those companies will tell us more shortly. In any event, go check out the images on eBay. If you like the iMac, you will likely want one of these clocks. |
[Column] Ask Dave - Mac OS 9 Compatibility, And The G3 Vs. The G4 |
[Column] iTeen - The Ultimate Clean Computer |
[Reviews] PowerPrint USB 4.5 Brings Wintel Printers To Your USB Mac |
[8:00 AM] Tick Off The New Features In MacTicker Update
Aladdin Systems has updated the desktop stock ticker applictation, MacTicker, to version 1.6. MacTicker is the leading application for receiving up to the minute, customizable stock information. According to Aladdin Systems:
MacTicker is available for US$29.95. This version is free to registered users of version 1.5. You can find more information at the Aladdin Systems web site. |
[8:00 AM] Manic Minefields Sweeps In With Minor Changes
The aptly named software development company, Addiction Interactive, has released a new version of the not-so-subtely addictive puzzle game, Manic Minefields. Version 1.3.1 is the akin to the Windows native Mine Sweeper, but on steroids. The latest version features improved optimization and minor bug fixes. According to Addiction Interactive:
Manic Minefields is available as shareware for US$7, while the unregistered version allows access to 2 of the 10 game variations. You can find more information at the Addiction Interactive web site. |
[8:00 AM] Add Up The Notes In MusicMath Update
MacMusic has updated the music measurement and manipulation utility, MusicMath, to version 2.1. MusicMath simplifies the process of converting and measuring tempo changes and other modifications. According to MacMusic:
MusicMath is available as freeware. You can find more information at the MacMusic web site. |
[8:00 AM] PopUpCD Update Spins Higher Performance
Brochu Software has updated the popular CD player application, PopUp CD Audio Player, to version 1.5.1. The new version allows greater flexibility in the type of disk used for play, as well as fixing a problem with performance on PowerBooks. According to John Brochu:
PopUP CD Audio Player is available for US$15. Version 1.5.1 is free for registered users. You can find more information at the Brochu Software web site. |
[8:00 AM] EMS Releases 256 MB & 528 MB RAM Modules For G4s
Enhanced Memory Systems has released a new line of PC133 memory for the Macintosh G4 machines. The new memory is targeted at the true high-end user, and is optimized to take advantage of the new architecture in the G4 machines. According to Enhanced Memory Systems:
The 256MB DIMM (x64) is available for US$995, and the 512MB DIMM (x64) is available for US$1990. You can find more information at the Enhanced Memory Systems web site. |