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Newspaper
Odessa American
Location
Odessa, Texas, United States of America
Date
Jan 29, 2000
Page
6
New personal video recorders TiVo and ReplayTV store hours of programming on hard drives and allow viewers to build customized channels. Users download guides overnight and receive recommendations, while cost and licensing debates loom with networks.
The 1999 year end shows 5.8 percent quarterly growth and a 4 percent annual GDP, yet wages and benefits rose 1.1 percent in Q4, fueling inflation worries. Dow slides 289 points, Nasdaq falls 152 as bond market stabilizes. Analysts cite wage pressure and rising health costs as Fed concerns.
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