Word: buyer
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...investor psychology, it has turned circus-freak ugly. Not a serious buyer in sight. Cash is piling up in money funds, which stand at a record $1.8 trillion. Cash at stock mutual funds equals 5.3% of assets, up from 4% in March. Yet to bulls, these stockpiles represent buying power ready to push prices higher. "I've never seen so many people on Wall Street talking to so many other people on Wall Street trying to figure out what's happening," confesses John Manley, a market strategist at Salomon Smith Barney...
...Clark, a senior buyer for Maine retailer L.L. Bean, says the system "frees me" to talk about issues - health care and taxes and sprawl. State senator Susan Longley says "clean" campaigning has refocused her "totally on my constituents" - not contributors. Longley's challenger, former Belfast Sheriff John Ford, says without the new law, he wouldn't be in the race. When friends asked him to run, he says, "I told them I was not going to ask the people of Waldo County to give me $35,000 to $40,000" to campaign...
CHARDONNAY "Light, fragrant, floral; no oakiness; bright acidity; has a refreshing quality." --John Osborne, head buyer, Astor Wines & Spirits...
...IMAGINE THE SCENE maybe six months after I first acquired "Rare Masters." I'm standing in Newberry's, a drugstore blessed with a hipster buyer who controlled the records section, which in those days were all LPs and 45s. I walk over to the Oldies section, or the Girl Groups section, or maybe just S in the alphabetical listing. I flip through the LPs and suddenly I'm holding "The Phil Spector Wall of Sound Vol. 6 - Rare Masters...
...BUYER, BEWARE You like to shop online, but is your billing information vulnerable to hackers? Credit-card issuers, who often absorb the expense of fraudulent purchases, are working on a remedy. American Express and Visa are joining other Web businesses in offering antifraud strategies for online shopping, including everything from assigning shoppers aliases to offering temporary credit-card numbers for one-time use only...