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NBCi Shutting Down?

Well it makes you wonder....They put $55 million into Xoom, where did it go?? Imagine what I could do with that much.

Remember when.....
May 10, 1999
http://www.internetnews.com/bus-news/article/0,,3_113321,00.html

June 1999
http://cnnfn.cnn.com/1999/06/15/technology/xoom/
("NBC's $55 million investment demonstrates our increased commitment to Xoom.com and NBCi,")

Wonderful, they are teaching people how to spam...
http://www.nbcidirect.com/direct_two/index/index.php
(Over the past four years, we have sent over one billion promotional emails to our XOOM.com, Snap.com and ComFind Members, offering them a wide range of products and services. Our first-hand experience has taught us which strategies and techniques work, and which do not. And we'd be happy to share what we've learned with you.)

http://www.fool.com/news/foolplate/2000/foolplate001023.htm
Ouch! 95% drop in stock. From $106 to only $5. That will leave a mark.

Oh I know where that $55 million went to, they turned around and invested $70 mill into Telocity. What a wonder.
http://www.thestandard.com/article/0,1902,8989,00.html

Oh well, I'm going to bed :)
 
yeah there go half of the warez sites on the net, haha i am kidding it will shut down a lot of people though
 
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