Word: dells
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Dates: during 2000-2009
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...presence required of a great preacher, but he knows how to show his heart one-on-one. Left Behind, which is published by the Christian press Tyndale House, has brought LaHaye and Jenkins something like $50 million apiece, and LaHaye recently signed a separate $42 million deal with Bantam Dell for a new series about an evangelical Indiana Jones. LaHaye neglected to tell Jenkins about the new deal in advance, leading some in the publishing business to call him greedy. (As with Left Behind, a working novelist will hammer LaHaye's thoughts into prose, though the new compatriot, Davis Bunn...
...cancer drug Taxol. The Banking Blues UBS Warburg will cut 10% of its London investment bankers because of the industry-wide downturn in trading. This is only the latest round of cuts to hit the financial sector, which lost about 25,000 staff last year. INDICATORS Breaking Windows' Hold Dell Computer, Oracle, and Red Hat are teaming up to sell computers running Linux, the free "open source" operating system. The announcement came just days after IBM struck a deal to provide Linux machines to the German government. Achtung, Windows. Bringing It Back Home China's Finance Minister says foreign companies...
Andrew Carnegie was another poster boy for nondiversification. He advised putting all your eggs in one basket--"then watch that basket." Carnegie's eggs were made of steel. Fast-forward to today, when average workers have become rich at Microsoft and Dell by loading up on their employers' stock (thus the Dellionaires). Bill Gates' portfolio is still overwhelmingly Microsoft. Bad planning, Bill. And how about the folks who retire from Wal-Mart and can shop at Tiffany because they bought Sam Walton's stock on the cheap? One stock. One company...
...appears that Dell can undercut Legend's prices despite China's protectionist tariffs. The American company offers a starter PC for $97 less than Legend's comparable entry-level model. Any pricing edge enjoyed by Dell could increase over the next several years; China's entry into the World Trade Organization means tariffs on imported PCs will decline from 13% to zero...
...spreading itself too thin, Legend may be playing right into Dell's hands. So far, most of the market share Dell has captured has come from rival foreign brands in the corporate client space and not from Legend itself. Now Dell has to start pushing its way into the consciousness of ordinary consumers and mid-sized corporations, where the next wave of mainland computerization is cresting. But selling desktops to the masses is Legend's turf-and Dell might find it's a long march to total global domination...