Word: among
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Dates: during 1990-1999
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Most of the market is betting that Bezos wins and that Amazon emerges from what will surely be massive carnage among Internet retailers over the next few years. During the past two weeks, with holiday sales booming, Amazon's stock price has soared to $94. The stock has split three times. Sales are expected to crest $1 billion this year. "We firmly believe," says Salomon Smith Barney's Holly Becker, "that Wall Street will look back on these growing pains and realize management's foresight in developing one of the smartest strategies in business history...
...weekend roaming the aisles and taking a crash course in the business. Everything he learned encouraged him. The two big wholesalers for books were Ingram and Baker & Taylor. "So I went to their booths and told them I was thinking of doing this." Books, it turns out, are among the most highly databased items on the planet. The wholesalers even had CD-ROMs listing them. It seemed to Bezos as if all the stuff "had been meticulously organized so it could be put online...
...year since the IPO, eBay has hit a few speed bumps. The site has been plagued with headline-grabbing crashes, among them a 21-hr. outage in June, four more in July, and a 10-hr. shutdown in August that sent eBay stock plunging 10%. The stakes were higher than ever because the eBay staff was well aware that thousands of individuals outside the company--single mothers, disabled people, seniors--were supporting themselves by selling on eBay. "It was probably the single most stressful time we've had at eBay," says Skoll of the August crash. "Poor Meg would catch...
...lots of company, among buyers and sellers alike. eBay makes a lot of people happy, and not just because it makes some people rich. The surprise--in more enthusiastic moments, you might even call it the miracle--of eBay is that it offers online consumers something rarer, more essential, more enduring than a chance to make a profit...
...recent years, civil rights leaders have awakened belatedly to the toll of AIDS among black Americans, who now account for more than half of the new cases of HIV infection in the U.S. But for all their kente-cloth shawls and lavish Kwanza celebrations, only a handful of African-American leaders, such as Julian Bond of the N.A.A.C.P., philosopher Cornel West and former Congressman Ron Dellums, along with a few church and charitable organizations, have aggressively addressed the disaster in Africa. As Rivers says, it's long past time for black leaders "to come from under the shroud of denial...