A Changing World

AOL is giving it away as fast as it can. News that the internet provider will allow e-mail accounts for free and access to broadband users for free sent its parent's stock, Time Warner, higher on the day. What gives? Well, the world is rapidly changing. While print media, like Gannett and NY Times, are reporting poor earnings from falling ad revenue, and while even television networks are struggling to keep up, internet advertising is booming. AOL will make up the revenue by increasing its attractiveness to advertisers. MSN, Google, Yahoo, and now YouTube are stealing the show, when it comes to the ad dollars. Even blogs are getting in on the action, as companies look for new ways to reach their market. Maybe, I could get a few extra dollars by plugging some product, like DentureCreme. Nah! We'll leave that one to Paul Harvey! Wall Street liked the good earnings news today. Stocks climbed about 3/4%. Dow +74.20 NASDAQ +16.82 S&P 500 +7.63