PayPal IPO Bucks Trends -- Internet stocks may never return the high-flying days of a few years ago, but Internet transaction service PayPal bucked recent trends with its initial public stock offering last week. The stock opened at $13 and closed its first day of trading on the NASDAQ above $20, a 55 percent gain that left the company valued at over $1 billion. Despite that vote of confidence, PayPal is facing a patent infringement lawsuit and regulatory investigations from a number of states concerned that PayPal may be running afoul of banking regulations. PayPal also is by no means profitable, with a $107.8 million loss in 2001 on revenues of $104.8 million. Still, with 12.8 million customers and new ones arriving at a rate of over 18,000 per day, PayPal remains the leader in online transaction services - see "Worthy Web Sites: PayPal" in TidBITS-562). [ACE]
Springy Dock Tricks
If you drag a file and hover over Dock icons, various useful things happen which are similar to Finder springing. If it's a window, the window un-minimizes from the Dock. If it's a stack, the corresponding folder in the Finder opens. If it's the Finder, it brings the Finder to the foreground and opens a window if one doesn't exist already. But the coolest (and most hidden) springing trick is if you hover over an application and press the Space bar, the application comes to the foreground. This is great for things like grabbing a file from somewhere to drop into a Mail composition window that's otherwise hidden. Grab the file you want, hover over the Mail icon, press the Space bar, and Mail comes to the front for you to drop the file into the compose window. Be sure that Spring-Loaded Folders and Windows is enabled in the Finder Preferences window.
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- Worthy Web Sites: PayPal (08 Jan 01)