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...variable-cost manufacturer," explains Marks. "We share the infrastructure among a bunch of customers, so when demand for one product dries up we can switch to something else and we don't get stuck with an idle factory." If the market for handheld computers takes a dive, for instance, the same assembly lines can be used to produce a product of similar size, like a cell phone. That's an efficiency not available to someone who only makes handhelds...

Author: /time Magazine | Title: High Tech: You Name It, We'll Make It | 8/13/2001 | See Source »

...attention, but they don't affect the way people use the web. A recent Pew survey showed that only 8% of web users say a favorite site of theirs has bit the dust. And a report by Forester research says that despite the Nasdaq swan dive and the VC drought, people spent $45 billion online last year, and they predict that figure will reach $75 billion this year. By my calculation, that's $75 billion more than was spent on the Internet, oh, ten years...

Author: /time Magazine | Title: The Internet Didn't Fail. Wall Street Failed the Internet | 8/3/2001 | See Source »

...week since Greenspan was in the House, the stock markets have been beaten to a pulp by a mixed-signals flood of corporate earnings that have left investors professing complete ignorance as when, exactly, things will pick up again. Long-term rates, however, took a dutiful dive after the Fed head's remarks and have mostly stayed there amid the stream of bad news from the equities side. Will he tinker with the message this time around? The overall sense he gave the House - things are pretty bad now, and may get worse, but are probably getting better - is expected...

Author: /time Magazine | Title: Will Greenspan Turn Up the Sunshine? | 7/23/2001 | See Source »

...neighborhood recreational center, Esther Buttitta, 74, a retired schoolteacher, is drawing on years of carefully honed teaching skills to engage a handful of local kids whose parents are out running errands. "Finger painting with chocolate pudding is pretty easy if you just dive right in, see?" she says chirpily, before unloading a Jell-O container onto the white paper in front of her and digging in. As her creation takes shape, Andrew Boatright, 3, is quiet, wide-eyed, awed. Soon his primitive portraits cover the table, and many dollops of brown glop adorn his newly animated face...

Author: /time Magazine | Title: Hope in the Heartland | 7/23/2001 | See Source »

...that I have responsibilities, great people to work with and a real idea of what it is like to be a scientist in the lab. It’s not about the prestige of the internship or any recognizable name of the organization. The important part was to dive head first into a real job. And, for the first time, I’m not yearning to go back to school. Who knows? I may even wind up being a scientist after...

Author: By Robert J. Fenster, | Title: POSTCARD FROM NEW YORK: Finding Responsibility | 7/20/2001 | See Source »

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