IN BRIEF.VALLEY INDEX FALLS: The Daily News/Bloomberg Index fell 0.73 to 141.36, led by Xylan xylan /xy·lan/ (zi´lan) any of a group of pentosans composed of xylose residues; major structural constituents of wood, straw, and bran. Corp. of Calabasas and Sylmar's MiniMed Inc. Minimed Inc fell $2.75 to $45.25. Xylan fell $6 to $25.0625, or 19.3 percent, after the maker of computer-networking equipment warned that sales made through its largest distributors may fall in the third quarter. The company, which makes switches that link computers to corporate networks and the Internet Internet Publicly accessible computer network connecting many smaller networks from around the world. It grew out of a U.S. Defense Department program called ARPANET (Advanced Research Projects Agency Network), established in 1969 with connections between computers at the , got 41 percent of its second-quarter revenue from large networking equipment makers International Business Machines Corp. and Alcatel Alcatel Société Alsacienne de Constructions Atomiques, de Télécomunications et d'Electronique Alsthom SA. On a call with analysts late Monday, Xylan executives said IBM (International Business Machines Corporation, Armonk, NY, www.ibm.com) The world's largest computer company. IBM's product lines include the S/390 mainframes (zSeries), AS/400 midrange business systems (iSeries), RS/6000 workstations and servers (pSeries), Intel-based servers (xSeries) sales will fall because the computer giant has more Xylan product than it needs in its inventory. - Bloomberg Bloomberg A major global provider of 24-hour financial news and information including real-time and historic price data, financials data, trading news and analyst coverage, as well as general news and sports. News HAIR TODAY, GONE TOMORROW: Woodland Hills-based hair care product manufacturer Sebastian International said it will move its warehouse and distribution facility from Chatsworth to Ontario. Company spokesman David Pilecki said most of the approximately 80 employees at the current facility have chosen to continue with Sebastian at the new center. - Daily News WEBISODES: Sherman Oaks-based entertainment producer Brilliant Digital Entertainment Inc. said Tuesday that Compuserve will offer episodes of its multipath movies to the Internet service provider's 2 million subscribers. The ``webisodes'' are based on licensed characters such as Popeye, and others the company has developed such as Cyberswine. Under the arrangement, Compuserve customers can download To receive a file transmitted over a network. In any communications session, "download" means receive, and "upload" means send. The download/upload often implies a big/little scenario, in which data is being downloaded from the "big" server into the "little" user's computer. the Brilliant programming on a pay-per-view basis. - Daily News |
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