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Maybe that's another reason why Europe has been slower to enjoy the economic boom radiating from the U.S., where options are the common currency of the new capitalist elite. In Germany and Finland, it was illegal to pay executives in stock options until 1998, and in countries from Belgium to Britain, tax laws made option plans unappealing to corporate boards and executives alike. In the Netherlands, recipients have to pay income tax on options as soon as they are bestowed, which is often years before they are cashed in. But intense competition for employees from option-rich firms abroad...

Author: /time Magazine | Title: Get Rich Quick! | 5/8/2000 | See Source »

...Lucent Technologies in California's Silicon Valley. Mock, 39, is a divorced mother of three in Pontiac, Mich., and a former welfare client who until last Christmas had never worked steadily. But in their diversity, they exemplify one reason for the amazing length and strength of the U.S. boom. Despite all the recent gyrations in the stock market, the longest economic expansion in U.S. history has not only created incredible numbers of new jobs but also brought into the labor force the most varied sorts of new workers to fill those jobs and keep the economy humming...

Author: /time Magazine | Title: To Work We Go | 5/8/2000 | See Source »

BABE MAGNET Next time you head to the beach, you might tote along this cool-looking boom box. The $200 ZS-X7 from Sony is not only splash resistant, it also comes with a handy shoulder strap and a sturdy stand to keep it from tipping over in the sand. Antiskip technology is built into the CD player, a car and a boat adapter are included, and an all-black model is also available. With any luck, and with the volume up, it will get enough curious stares to help you break the ice with at least one hot beach...

Author: /time Magazine | Title: In Brief: Apr. 24, 2000 | 4/24/2000 | See Source »

...technology businesses are popping up by the second, urged into existence by the hundreds of venture capital firms, the lifeblood of start-ups. In its own small way, Harvard is contributing to this boom, through the investment of its $14.4 billion endowment...

Author: By Daniel P. Mosteller, CRIMSON STAFF WRITER | Title: Venture Capital Brings Harvard Riches | 4/18/2000 | See Source »

...early bird discounts had expired, and an informal survey of about 100 New England camps showed that 90% were already half booked. Unaware of the gathering storm, we wasted weeks debating woodsy arts camp versus a more educational experience. (Our puny portfolio has managed to snooze through the stock boom, so we needed to get our money's worth.) In March, we were dismayed to learn that February was Sign Your Kids Up for Camp Month...

Author: /time Magazine | Title: Camp Pain | 4/17/2000 | See Source »

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