Word: chip
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...good companies on weakness, when it looks as if the bottom is falling out, and hold for the long term. That includes blue-chip tech names. Look for companies that will continue to hold up as the economy slows --food and drug stocks, for example. Financial stocks should rally as the Fed stops hiking rates. Face it: sometimes boring is best...
...public--crisis in 1994. After introducing the new Pentium processor, the fastest microchip yet created, Intel engineers found a bug in their new product. At first, Grove did not bend. Refusing to see the public relations implications, he decided to selectively replace only a few computers containing the problematic chip...
Bill Gates always said the tech world meted out justice faster than the Justice Department ever could. Now AOL and computer maker Gateway are trying to prove him right. The online giant and the PC maker announced Tuesday that they had tapped privately held chip maker Transmeta - a good chunk is held by AOL and Gateway, actually - to use both its new Crusoe processors and an adaptation of the Linux operating system to power a new generation of Internet appliances. The strategy is part of "AOL Anywhere," and the deliciously timed announcement - don't think AOL boss Steve Case doesn...
Having done so, the most powerful monetary movers and shakers on the planet invariably line up for an informal boardroom lunch. Reaching for paper plates and plasticware, the FOMC members help themselves to a buffet that last week featured cold cuts, soft drinks, salads and chocolate-chip cookies--a special favorite of many members. Then they headed back to their offices to watch Wall Street's reaction, while bankers across the country adjusted the loan-rate signs in their windows...
When that happens, Japanese consumer-electronics giants like Sony and Panasonic are likely to stage their own assaults on the market and chip away at Nokia's lead, warns Iain Gillott of IDC. But Ollila is undaunted. "In 1991," he recalls, "people were telling me, 'Now that you've been able to get [your mobile-phones business] into the black, you should sell it quick, because the Japanese will...