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Meme, what happened to Politically Correct. I just tried to go there and got the message that it no longer exists. If true, why in the hell would they want to shutdown such a popular site?
Is there an alternative site where folks are hanging? My new e-mail that I regularly check is TempusFugit123@hotmail.com
Steve
What a great day!!! May it be followed by many more.
BTW, GJ would have loved the following link...
http://151.200.3.8/~vze29k6v/you.html
Those were the Days my Friend, we Thought would Never End.
Those were the days, oh yes those were the days...
I can't believe all the emotional energy we put into SEEK/GO/DIG the past months/years..... and what a let down. It was a learning experience. I was Sure that SEEK was going places and then that GO was going to lead the net.... empty promises..
nothing much left other than for the cobwebs, but I had a lot of fun along the way..... now where's that million GO was going to make me??????????????????
Great Investor Site.... has trails to much info.
http://superstarinvestor.com/
"Q. What is the "class period?"
A. The "class period" is a window of time during which the fraud caused damages to shareholders. If you acquired stock in the defendant's company during the "class period," you are entitled to join the lawsuit and to share in any award or settlement.
Q. Do I have to keep my stock in order to participate in the case?
A. No. You may either hold your stock or dispose of it as you wish. It has no impact on your claim."
http://www.bermanesq.com/content/sclassaction-faq.asp#classperiod
Selling a stock doesn't effect the elgibility to be in a class action suit, only that you owned shares during a particular period.
Looking at the frustration of the NBCi investors makes me all the happier to be out.... What does the future hold for them? One thing for sure, they haven't had to listen to years of lies, maybe months though...
http://messages.yahoo.com/bbs?.mm=FN&action=m&board=15293343&tid=xmcm&sid=15293343&a...
Nice find, dpb5! It brought back memories to a time when we were all so full of excitement.... Too bad we didn't see they were just full of excretment.
I sold some of my Disney this morning for some QQQ's, how much lower they will go no one knows, but it felt good to let some of the Disney shares go.
I am now the not so proud owner of 1223 shares of Disney. I just don't know what to do with them now that I have them. I already had a couple hundred. Any thoughts on the prospects of Disney heading up?
Have you heard from Jim Hu yet, Dpb5?
Well Isn't This Cute... They decided to keep GO and just sell it's shareholders, how sweet.
http://www.msnbc.com/news/543341.asp?0cm=c41
What I hear about lawsuits involving companies screwing over shareholders isn't all that positive. I have heard that the only one who ever makes more than 50 cents are the lawyers.....BUT... as someone who is still holding 5200 shares of DIG and feels Totally screwed! I would be happy to join in any class action which may come about!
Disney can make $.03 a click.... Divide that into 25 million. Disney will have its money back in no time:)
http://goto.com/d/ssn/;$sessionid$EALBDPQAACR1RQFIEF2QPUQ
GoTo pays if used as an affiliate, so now GoTo should be paying Disney. I think Disney had to pay them 25 million...... that will take a while to get back....
If you can't beat em, hire em.
http://goto.com/d/ssn/overview/;$sessionid$EH2G5DYAAD02FQFIEFZQPUQ
GO is no longer even listed as a Disney Internet Group site. There are many great home pages now. MSN, ABC News, @home, etc... I gave up on GO a few weeks ago.
http://disney.go.com/investors/wdig/index.html
If you click the FAQ on the bottom of the GO page, it still indicates that GO is transitioning into being dead...
The only problem with the new GO is that GO is deceased.... as in dead. Don't understand this one, but what else is new? To add insult to injury the page uses GoTO which sued GO as its search engine.....
http://www.go.com/dynamic/Portal
http://yahoofin.cnet.com/news/0-1005-200-4637253.html?tag=pt.yahoofin.financefeed..ne
http://www.thestreet.com/_yahoo/tech/internet/1281169.html
http://biz.yahoo.com/fo/010129/0129disney.html
http://www2.marketwatch.com/news/yhoo/story.asp?source=blq/yhoo&dist=yhoo&guid=%7BF97DB5FA%2...
Acually at the conversion rate of .19353 shares of Disney per share of DIG it is where it is supposed to be. Too bad.
Makes no sense...
I haven't figured out the math but right now DIG is Down .02 while DIS is up .26. It is not moving in sync today.....
Can't wait, less than two weeks to have to follow this POS.
I second your venom..... may the Disney cobra bite them right on the ass! They linked a now dead Home Page to Moneyscope, but still haven't integrated the Java applet "Moneyscope" into "My Portfolios" - I mean Starwave has only had it ready for two years; after all this time they still offer only a simple update of the days personal quotes. Too very little, too late, way, way too late.
Still haven't sold yet but my hand is on the trigger.....
CSCO had a chance to turn the market around this afternoon. Instead I fear it will have a negative effect. Tomorrow will be interesting.....
Chinese Curse: "May you live in interesting times"...
bummer
Bottom Line - DIG will Track DIS for the next month - DIG is up 27 cents as I speak, DIS up $1.44. As you know, Disney came out with better than expected earnings and Interest Rates are declining. So for the time being, I will not fight the fed, and will continue to hope that my DIG shares will increase in value over the next several weeks before they disappear....
I could get burnt, but hell, I've been getting burnt for three years with this POS so what's new.
Meme, you have mail.....eom
My fat lady is on stage but I'm asking her to hold off until I can see if Disney will drag DIG up a few points the next few weeks. I'm watching closely. Every 20 cent increase and I get $1000 less of a screw.
While my fat lady is waiting for my final call, I'd like her to sit on Eisner's head and rest.... giving him a little time to think about how he has treated his long term shareholders.
I also just saw an empty message, but I didn't delete it. I never have deleted a message other than mine once or twice, to fix some spelling....
Man, I held this POS too darn long.... the fat lady will be singing soon though.
The death of good potential.....
WE aren't going to take our cash,
All we going to get is some wisdom....
Disney's Self-Sabotage
By James J. Cramer
1/31/01 8:15 AM ET
The tragedy of Disney's (DIS:NYSE - news - boards) Web efforts was that it really was Disney's game to win. I think it was possible for Disney to be the killer portal. I think it could have happened if mistakes hadn't been made early on by the management of Disney's Web strategy a couple of years ago when the Web was still young.
First, understand that there was a period of a couple of years where Disney acted as if it were King of the Web. I can recall conversations with Jake Weinbaum and Patrick Naughton -- ghosts of Disney past -- where I was told that Disney was going to own everything involving the Web, because it had the best brand, the best technology and the best content.
They had ABCNews.com which had fantastic graphics and important feeds. They had ESPN with its natural built-in rotisserie leagues. They had the Daily Blast and terrific kids programming that they would lever into a big revenue stream. They had Mr. Showbiz which was going to be the People magazine of the Web. They had chat technology and graphics from Starwave, the high-tech design studio in Washington that would blow anyone away.
But what they never had was management. Working with Disney was like working with a really bad Banana Republic. People kept getting deposed and new rulers were installed with regularity. I must have had to deal with six different bosses in three years. And they had to deal with six different bosses in return. In the meantime, Yahoo! (YHOO:Nasdaq - news - boards) and AOL (AOL:NYSE - news - boards) had the same aggressive, tough cast of characters with cool business sense and tons of loyalty.
Every time anybody developed rapport with someone, he left. Or she left. Or was fired. Or resigned. Or was transferred to Outer Magic Kingdom. It was pathetic. Things only got worse when Disney bought Infoseek and dumped Starwave into it, a plan that Weinbaum, the man who paid $7 million for a url, pushed and pushed hard. Infoseek was already on the decline when the merger was made. It was already losing big share to the other portals except for Excite, which has been floundering as long as there have been flounder.
At first I got excited because Harry Motro was running the show and at least, even though I didn't think too much of Harry, he was a point man, someone you could say was responsible for the strategy. But talking to Harry was a strange, out-of-body experience, like he wasn't there. Next thing I knew he was gone.
By the time the good people got put in charge, and believe me the folks from ESPN running the thing are good people, it was too late. The whole portal game had ended. If you looked at Go.com lately I think you would have to say that the earlier editions, the 1997 Starwave editions, were better! This site has actually gone backwards.
And the niche sites? I found better rotisserie leagues in Sandlot. Mr. Showbiz needed something original, but that wasn't going to happen. ABCNews.com? Well, it has some traffic, but people get their news tons of ways and ABC is not special enough to pull viewers because ABC, other than Sam Donaldson, never made any real commitment to the Web. Daily Blast? Funny thing: Kids don't have credit cards. They would rather go to Nick.com for free. Oh well.
When the book is written about the original gang of search engines and what happened, it will be tempting to say that the powerhouses of MSN, Yahoo! and AOL just ran roughshod over the likes of some of the other wannabe portals. That history would be wrong. They ran over themselves.
Only hope is that Disney price rises, thus dragging DIG along with it. There is a month and a half before conversion and with a good drop in interest rates coming we may get a little rise out of DIG - not expecting much, will will take anything. I am definately selling before the conversion but I am not doing anything on emotion. I have held DIS stock longer than I have DIG, and have all the shares I want - don't need anymore shoved down my throat. I participated through one of their little converservations already(SEEK/GO) and, as you all know, it wasn't pretty.
It will almost be a relief to get rid of this POS. I still remember the orgasmic feeling the day we shot to $100 - I just didn't know that I had contracted Disney Gonorrhea from that little moment of pleasure.
What am I missing?
Why have they been advertising GO.com every hour the past month?
Watch Out for Dot-Com Infanticide
By James J. Cramer
1/29/01 2:14 PM ET
So Disney's (DIS:NYSE - news - boards) cramming down the Disney Internet Group (DIG:NYSE - news - boards). And the move is going to send shivers down the back of every stockholder of a subsidiary Web site owned by a major media parent.
Related Stories
Disney Internet Unit Gets Order to Go
The Bad News Gets Worse at NBCi
Disney's going to take 20 horrid days in trading, average them out, and give you a 20% premium to that price, which works out to 0.19353 shares of common stock as of March 20, 2001. In other words, they are cramming you down. They are capping your upside forever and getting rid of your stock.
What does that mean for shareholders of Web sites in similar subsidiary situations, like NBC Internet (NBCI:Nasdaq - news - boards), MarketWatch.com (MKTW:Nasdaq - news - boards) and SportsLine.com (SPLN:Nasdaq - news - boards)? (I've picked ones where there is a big-footed parent who owns a large stake in the company.) To me it means there is now a nasty precedent where the parent can clobber you when you run out of money.
It says that the highest price you might get is 20% higher than where you are now. That said, we know that each of these situations is a bit different, with different percentages owned by the Big Daddy. Nevertheless, the analogy will not be missed by the likes of Mel Karmazin and Jack Welch. The Disney Internet crunching may be the perfect antidote for what to do with these sorry stubs.
"Invest in SEEK Today - Become economically enhanced real soon."
That was my mantra for so many months during the earlt days.....
At least now there won't be any hesitation when someone asks what my worst all time investment was!
I CAN'T BELIEVE I HOLD OVER 5000 shares of this PIECE OF ****.... and now they want to give me 1000 shares of the company which screwed me. Man my ass hurts....
I just got home from a 12 hour day and haven't read much but already know I ain't going to like it!
I Won The GO Contest...
I had forgotten I even participated, but when the "new" Go site opened they had the contest where you had to find things daily for a couple of weeks. I was never notifed by e-mail but yesterday got a congratulations letter with a $20 credit card for Borders\Waldenbooks. I got myself a $40 Windows ME reference book for $20..... not bad:)
Made up for all my DIG investment losses.....Right.
Looks like additional EBay deals in the works..
http://pages.ebay.espn.com/index.html
More Deals for Disney Internet Group....
Disney pegs Asia's e-gaming passion
U.S. content colossus, Japan's T&E Soft, Square in deal
By Bill Clifford & Gail Nakada, CBS.MarketWatch.com
Last Update: 9:40 AM ET Jan 15, 2001
Disney doesn't want online interactive gaming to be a small world after all. Disney Interactive and Walt Disney Internet Group announced Monday in Tokyo that they will invest with two Japanese partners in a project to develop a suite of games-and-entertainment products for players of all ages around the world.
The tentatively named Disney GameWorld is expected to launch in Japan in the first half of 2002, and then in other countries across Asia, Europe and North America. At this early stage, details are sketchy. But the idea is to roll out learning and creative-arts activities and games for children and families by leveraging Disney-branded characters, such as Donald Duck, the Little Mermaid and Buzz Lightyear, as well as Disney Web sites, such as the sports destination ESPN.com.
Disney's partners are T&E Soft Inc. and Square Co., both locally listed Japanese developers and publishers of video-game console software. They were keen to launch first in the highly competitive and maturing Japanese game market to get a jump on emerging broadband and networking technologies.
Square, widely known for its Final Fantasy series, has been working with Disney for about a year on a separate Kingdom game project. T&E Soft has primarily been developing sports software for the likes of Sony's PlayStation consoles. The games are popular with males aged 15 to 25 years - a lucrative niche, but a niche nonetheless.
"Because of Japan's stagnant economy and the maturity of the game software market, we have some concern about growth," conceded Toshiro Yokoyama, president of T&E Soft. "For success, it's important to provide global entertainment technology, and children are the main target and also families."
Disney possesses the crucial content - already hugely popular here thanks to Tokyo Disneyland, Disney Store Japan and countless feature films - but it wants access to the technology and marketing muscle of T&E Soft and Square to create what Disney Interactive president Jan Smith calls a "unique, mass-market interactive entertainment destination." So it's licensing T&E Soft to "transition into a Disney entertainment developer and publisher for all major platforms and for a broader pan-Asia market," Smith said.
Personal computers are likely to be the main platform for Disney GameWorld at first, executives said, but video-game consoles and broadband-capable handheld devices will also figure in the future mix. Yoshihiro Maruyama, a Los Angeles-based executive for Square and now a senior adviser to T&E Soft, said that it's too early to decide issues such as pricing but online game subscribers in Japan would be charged a fee, possibly in the range of 500 yen to 1,000 yen ($4.25 to $8.50) a month.
Financial reasons explain why the deal, concluded last weekend after about 9 months of negotiation, has been announced a year or so in advance of Disney GameWorld's actual launch in Asia.
T&E Soft will issue 7.5 billion yen ($63 million) in convertible bonds next month -- 5.5 billion yen of which to Disney Interactive and Walt Disney Internet Group (DIG: news, msgs) , 1.0 billion yen to Square and 1.0 billion yen to Masafumi Miyamoto, a majority shareholder of both Square and T&E Soft. Disney, which could decide to exchange the bonds into equity, has the right to acquire a majority interest in T&E from Miyamoto over a five-year period, the partners said.
Although Japanese stock indexes finished higher Monday, shares in T&E Soft fell 2.78 percent at 1,400 yen. The joint announcement was made after the market had closed.
http://www2.marketwatch.com/news/yhoo/story.asp?source=blq/yhoo&dist=yhoo&guid=%7B0FEBCD6D%2D9E12%2D4085%2DBB49%2D20912D39ED4B%7D
Yahoo and ABCNews...
On Yahoo's MyPage you are now given the choice to add ABCNews Top Stories, World News, and or Politics. When you read a story you are given links to read other news stories, which takes you directly to ABCNews.....
Very Interesting.
+22.22% today. I can stop holding my breath, I was hoping DIG wouldn't be sold off the last half hour. I don't understand the great buying interest today but I'II sure take it!
My guess is the approved deal of AOL/TWX is good for DIS/DIG. It may be opening doors to opportunities/deals that we aren't considering... I hope so.
I have seen three different ads for GO. I think they are all clever, all have the same theme. Saying, "There Is Fun All Around You, You Just Have To Know Where To Look!", while displaying the familar full screen GO symbol. One is set in a large office, a guy throws a pencil up which sticks in a ceiling tile. When he moves the tile, he sees there is a boxing match going on directly above him. Another is set in a barn, where a farmer is pushing a wheelbarrel, hears a noice and opens the barn door to find a circus. The othere is the Garden one which I have only seen the couple of weeks. The others I have seen at least since early December. I have DirecTV and have seen them on ABC out of LA and NYC. Also one other channel which I think was The Learning Channel, although I am not sure.
The question remains whether or not this will help our bottom line. I think it would have a year or more ago but am not sure any more. I know one thing... it can't hurt!
Changed again.... OH Brother.
"GO Money will soon become part of ABCNEWS.com's MoneyScope section. Get ready to experience the best in breaking business news and personal finance!"
No more promises concerning a particular month, just SOON.... In Disney speak that means maybe during 2001...
Feel Like a Disney Nut? Go Here...
http://www.thewaltdisneynut.com/
Worse Major Index fall since 1937....
but from The Motley Fool:
"For a Foolish investor, the focus is never on a single day's gain or loss, which is winning or losing a mere battle. Instead, the focus is on a lifelong victory -- winning the entire war."
Surely the war isn't over yet, even though so many investors are being treated for Post-Traumatic Bear Market Syndrome.
Well it's official - worse Nasdaq in history...