Recessionwatch

Supervalue: 4,500
Visteon: 1,800
Lucent: 1,000 (again)
Ariba: 700
Broadvision: 325 (15%)
Inktomi: approx 200
Akamai: 180 (14%)
TheStreet.com: 40 (20%)

PSInet are expecting to file for bankrupcy protection any day now.

I just saw an estimate that if Amazon became profitable, they’d still have to sell $37 billion of goods to pay back their debts. In the mean time, servicing the debt costs them $125 million per year.

Still, it’s not all bad news. MCI WorldCom may have had a $90 million judgement against them on Thursday for overcharging customers, but their CEO’s doing nicely. He got a 30% salary increase year-to-year, giving him a total of $11 million last year—and yesterday he gave himself another 7% raise.

And on a positive note, fandom.com has crashed and burned. They deserve it, given how many real SF fan sites they screwed over.

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