Word: cheaping
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Dates: during 2000-2009
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...year clicks-and-bricks retailers learned that e-commerce is not just about how much you can sell online. Wise use of the Web can help make your entire operation more efficient by lowering marketing costs, allowing for more targeted advertising and providing self-help (i.e., cheap) customer service, says Lisa Allen, research director of the retail group at Forrester Research. She adds that "websites can also help generate off-line sales, where, no matter how you cut it, the bulk of retail will continue to be transacted...
...value play in a generation. For that reason Cyril Moulle-Berteaux, who runs an institutional fund for Morgan Stanley, has his most aggressive stock allocation in Japan. "Everybody who's had money to pull out of Japan has already done so," he says, noting that Japan is not just cheap but a low-risk contrarian...
...relatively safe route into Japan is blue-chip Japanese exporters, which, while not dirt cheap, stand to benefit from renewed buying among U.S. customers and a continuing slide in the yen. David Bowers, chief international strategist at Merrill Lynch, likes the copier company Canon, where 84% of sales are outside Japan, and consumer electronics giant Pioneer, where 64% of sales are outside Japan. Also on his list is Nissan, which has been aggressively investing in new production technologies. All three stocks trade in the U.S. as American Depositary Receipts...
Then, again, maybe they won't. Davis' most audacious proposal--allowing California cops to put a "roving wiretap" on any phone used by a suspect rather than on specific phone numbers (a power granted to the FBI last October)--is a canny merger of the dramatic and the cheap. No other state has sanctioned roving taps--hence the drama--and civil liberties, while priceless, are free. That helps explain why wiretap laws are also up for modification in Maryland, Illinois, New York and Michigan...
...than he would get in many other states--but he couldn't find a room in New York City for that rate. And, of course, he is forbidden under the terms of his parole to leave the city. So he kept going to the Housing Authority in search of cheap real estate, filling out forms as though they were lotto tickets. Each time he was told he needed more paperwork. In New York people with criminal records must finish parole and then wait up to six years before renting in public-housing projects. But Sanders was still eligible...