Word: brokering
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Call your broker and place a "fry" order with the Couch Potato Guide (TIME Daily...
...Academy of Natural Sciences' Wolberg fear it will send the costs of acquiring important fossils out of sight. In fact, another T. rex, known as Mr. Z Rex, is on the market for a staggering $12 million. The owners, says Jim Wyatt, a fossil dealer who is acting as broker, "based that price on the excitement generated by T. rexes and dinosaurs in general over the past few years...
...nearby Beacon Hill broker speculated that the property probably drew $4,000 per month in rent...
This makes Andy Klein angry--or at least aware of a market niche. His company, Wit Capital, which launched last week, is an online broker that lets small investors not only trade stocks and mutual funds at cut-rate prices but also buy into the high-end IPO and venture-capital deals that were once the sole province of Wall Street's biggest kahunas. Until now, the Little Guy could only watch and drool as well-connected initial subscribers bought millions of IPO shares at insider offering prices, then "flipped" them to the clamoring public for instant fortunes: Netscape...
What does it mean this time? Could it be the end of the bull market? Nobody knows. But herky-jerky trading patterns alone are no reason to run. Sit back and pretend that you're on that island blissfully out of touch with your broker...