An up-and-down week in the market and an up-and-down deal for
with ample fodder this past week.
As tech stocks -- especially Internet stocks -- pulled back early in the week, a convoluted merger deal between Lycos and USA Networks to create a new company got the thumbs-down treatment from investors.
However, the sun poked through the clouds later in the week as happy chat from
to a record rally. Of course, who knows how long that could last?
The Lycos/USA deal -- the latest in a string of Internet mergers -- got the carpet-bombing treatment from
set the stage with two of three news analysis pieces on the deal.
teamed for the other story.
USA/Lycos Deal: Big Picture or Small Screen?
News Analysis: USA Networks Uses Innovation in Programming -- and Accounting
Lycos Shareholders Go Searching for a Better Deal
Not Done Yet
But that wasn't all. Our San Francisco set,
, also weighed in with reports on other aspects of the deal, including a look at the company's e-commerce plans and a possible accounting problem.
In the Midst of a Merger, Lycos Looks to the Books
Notebook: Lycos Sullies Its 'Pure' E-Commerce Status in Merger with USA
Is the Rose-Colored Glass Half-Full?
Of course, we're no e-commerce groupies, and plenty of things about the often-wishful-thinking world of online retailing are cause for concern. TSC's Economic Correspondent
thinks so too.
E-Commerce's Imaginary Future
The Magic Yen Machine
From the domestic market, to the world view.
took a look at the deflationary pressures that are impacting Japan, and the call by some of that country's policymakers to simply start printing more money.
Roll the Presses, Economists Tell Japan
Poor Words Spell Trouble
There was still plenty happening with other companies.
detailed how some poorly chosen words during a company presentation left
scrambling to clarify.
At AgriBioTech, Sowing the Seeds of Misunderstanding
Smoke 'Em if You Got 'Em
examined how the recent tobacco settlement with
, in which a smoker was awarded $1.5 million, has the cigarette maker worried that the case may spur more such action. Investors seem to think so too as the stock fell this past week.
Philip Morris Award May Set Precedent, Analysts Worry
Wall Street is moved by its people, and the movement of those people can move money as well as mountains.
got up close to
, founder of micro-cap power
were on top of some key comings and goings this past week, as new entrant
Thomas Weisel Partners
snagged some analysts and
lost a player.
Cruttenden Roth Conference: Roth's Rules
Weisel Partners Reels in Two More
Bogle Unexpectedly Departs Numeric Investors
That's a Wrap
bring the curtain down, with his closing comments on the
Goldman Sachs Tech Conference
this past week.
Goldman Sachs Conference: Big Crush