It sounds harsh..but that's the truth. There is no more Macromedia. It is all official now with Adobe completing the acquisition of that company.

"Online Content Cannot Remain Free" say a group of publishers from Europe who also warn that they cannot keep letting Internet search engines like Google.com to make money from their content.
Story here .. ouch.. the robbers ;-) or argh! the capitalists ?

As per a report today in "The Mercury News", Cisco's CEO John Chambers told a gathering of technology industry analysts that the San Jose-based networking equipment maker's future growth would be 10 to 15 percent per year. The growth will be fueled in part by the potential of video applications -- which require advanced data-transfer networks -- for consumers and businesses.

This is in-line with Cisco's recent positive earnings report and forecast.

Quite a contrast since this last report "Cisco's outlook doesn't look bright" in 2001. Well done.

A sharp jump in "productivity" (apparently, it is the biggest surge in two years) lifted stocks Tuesday. So, people have been working real hard in US, I guess :-)

The real boost came from Labor Department's announcement that the nation's productivity rose 4.7 percent over the summer and Investors welcomed this with a great enthusiasm, inturn driving up the market.

But behold before you make that jump into the stock market. Read on..

"There's still an element of the self-fulfilling prophecy here, in that you're seeing people jump into a rally just because it's the end of the year and we're supposed to have a rally," said Chris Johnson, manager of quantitative analysis at Schaeffer's Investment Research. "I wouldn't be surprised if we're lollygagging around here until the end of the year."

The market followed a pattern it has repeated many times since its October low: Gains early in the day were eroded by sharp selling before the close. ;-) So watch your step.