Word: auto
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Dates: during 1990-1999
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...Amazon's ubiquitous "people who liked this product also bought X" link. Now she's helping to bring us an e-commerce world based on the Priceline.com model--in other words, every seller will act like an airline with constantly changing pricing and the ability to negotiate. It's auto haggling...
...Hampshire, Berkeley and the rest are right; the intellectual environment is improved when one must contemplate why, in the auto-pilot of self-absorption that is washing and drying hands, we stop in our tracks at the sight of a woman exiting one stall and a man entering the next-why these two Harvard students, equal under the veritas, stand momentarily and wonder at each other. This truly is the meaning of liberal education...
...years, opponents have annually attached a rider to the Department of Transportation's budget prohibiting the DOT from raising the standards to equal those for ordinary cars--a move environmentalists say would save 1 million bbl. of oil a day. Backers of the rider argue that they are protecting auto-industry jobs and giving consumers the vehicles they want, but now they are running into stronger opposition. Next week the Senate may consider a complicated parliamentary move proposed by three Senators--one Republican, Slade Gorton of Washington, and two Democrats, Dianne Feinstein of California and Richard Bryan of Nevada--that...
Even in the diverse global economy of today, the car business is cyclical. At the moment we're in a boom. The trick is to sell before the bust. "The time to buy auto stocks is when times are bad but not getting worse," notes Merrill Lynch analyst John Casesa. "The time to sell is when times are good but not getting better." Billionaire Kirk Kerkorian showed us the way. He was buying Chrysler at $10 in 1991, when the company was on its back. His $1.5 billion investment is worth more than $5 billion...
...want to wait for the next recession in the U.S.? Consider buying Japanese auto stocks now. The economy there is bad but not getting worse. And Toyota, Honda and Nissan are well positioned to benefit from the next hot vehicle--the car-SUV hybrid. The bell ringer in that group is the Lexus RX300, which has seen sales explode 150% this year. It's built on a car frame, not a truck frame, yet sits above traffic, satisfying the No. 1 reason consumers give for buying an SUV. Swapping U.S. for Japanese car stocks isn't unpatriotic...