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Tech Sector

Tech Sector. Update by Taylor McKnight. In the News. Microsoft is sued for security faults (MSFT) Netflix - 74% increase in subscribers (NFLX) Palm announces 3 handhelds (PALM). Spotlight on Roxio (ROXI). Digital Media Company Incorporated 9/00 Public on 5/01

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Tech Sector

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  1. Tech Sector Update by Taylor McKnight

  2. In the News.. • Microsoft is sued for security faults (MSFT) • Netflix - 74% increase in subscribers (NFLX) • Palm announces 3 handhelds (PALM)

  3. Spotlight on Roxio (ROXI) • Digital Media Company • Incorporated 9/00 • Public on 5/01 • Distributed through Retail and OEM

  4. Roxio’s Strategy • Aquired Napster & Pressplay • Launching Napster 2.0 (Oct 9th) • Partnered with Samsung (mp3 player) • Partnered with Microsoft • Attractive Position

  5. Roxio’s Shortcomings • They’re spending a lot on organizing and acquiring the new Napster. • (So they have been taking losses) • For the last quarter, revenues fell 25% • Competition in online music services.

  6. Roxio (ROXI) Closed -1.08% at 9.15 52week Range 2.25 – 10.95

  7. Any Questions? Get Involved, Become an Assistant!

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