Hi!

What’s up? This question forms the basis for the sustenance of the newspaper industry.

Our newspaper sector has traversed a long way. It is unique as it reflects the

• Intellectual strength of the economy, and
• Literacy and inquisitiveness of its population

Marketspeek takes pride in giving you an insight into this sector. But, before that, a peek into our economy.

Business inventories

Business inventories increased by 0.3% in the month of September. The prime force behind this trend is the slow retail sales of automotives, which declined by 2.2% during the month. Despite a 0.8% rise in retail inventories – barring automotives, the overall index has moved up by only a marginal level.

The U.S. Import Price Index

This index increased marginally in October; the spurt in imported petroleum prices being the cause. However, the price of non-petroleum imports dropped by 0.1%.

Industrial production

The industrial production index has increased by 0.2% in October. This is slower than the September month’s increase of 0.5%. The mining sector’s production dropped by 0.8% last month, after having seen a rise of 1.0% in September. However, the output of utilities emerged as the largest contributor to the rise of the index. The index fares 0.6% more on a year-over-year basis.

Happy peeking!

Editor
Marketspeek

Analysis - Reading between the lines

• The need of the hour, for the newspaper sector, is to come up with content that has a longer shelf life besides, the capability to trigger the interest of readers. Differences can be made through in-depth coverage of events, incisive style of reporting, and backed by good support mechanisms such as photography and statistics. Moreover, newspapers must become more interactive.

• It is also time this segment invests in creating identities in the cluttered market. This can be done by:
  • Having a balanced and unbiased outlook on news and events.
  • Adopting a lateral and thoughtful bent of mind to segments like editorial columns and developmental news.
  • Developing an online version of published news to make browsers turn readers
  • Focusing on local news.
  • Ensuring need-based features.
  • Giving more space to lifestyle and sports coverage.
  • Adopting innovative methods of street sales, to catch office-goers.

All charged up

Providing electricity to inaccessible areas, Evergreen Solar has powered ahead from its humble beginnings in 1995.

Mark Farber, Jack Hanoka, and Richard Chleboski started Evergreen Solar, Inc. in the fall of 1994, with $500,000 in venture capital. The funding company that saw potential in Evergreen’s photovoltaic modules, was Robert Shaw’s Arete Ventures

Evergreen’s PV modules provide reliable power to remote areas, where power lines are not available. Its patented String Ribbon manufacturing process, invented by Professor Emanuel Sachs, is far superior to the conventional processes.

Supplying electricity for agricultural operations and basic communications, Evergreen soon made rapid strides in setting up facilities. A year later, when Evergreen had just five employees and a negative net worth of $288,175, Zero Stage Capital, a small business investment company, trusted $500,000 in Evergreen. That too, at a time, when the company was not yet fully geared for expansion. Other investors followed suit, and in a couple of years, Evergreen shipped its first overseas order to a village in Bolivia.

Evergreen Solar is located in Marlboro, Massachusetts, west of Boston. State of the art equipment for crystal growth, cell processing, and module lamination form part of the manufacturing process. It is actively involved in furthering its technology with String Ribbon's inventor, Prof. Emanuel Sachs.

For the nine months ended September 30, 2003, product revenues were $6.4 million, an increase of $2.9 million from $3.5 million from the same period in 2002. A story of innovative technology winning in the marketplace.

For further reading:

http://www.enn.com/news/enn-stories/2003/01/01222003/s_49387.asp

http://money.cnn.com/services/

http://www.nasbic.com/success/stories/evergreen.cfm

Mattel, the toy company, received its name by combining letters of the last and first names of its founders - Harold Matson and Elliot Handler.

18th November, 1869 - The Suez Canal opened in Egypt, linking the Mediterranean and the Red seas.

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Disclaimer
The information presented in this News1etter is not based on any primary research undertaken exclusively for this purpose; it is based on secondary sources of information, as current as the researchers were able to collect from the sources. However, should any specific client need up-to-date information on this (or any other) segment, they may commission Executive Solutions to do such research.

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