Word: dunks
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Certainly tech stocks were no slam dunk in the '50s, when transistors replaced the vacuum tube, or in the '60s, when microchips supplanted simple transistors. Those developments gave rise to the upstart Intel, while the shares of companies like Transitron Electronics melted away...
...National Association of Securities Dealers (NASD), which handles 90% of arbitration cases, is hiring more staff to help sift through all the Internet rubble. During the past five months, new claims were up 27% over the same period last year. Securities attorney Jim Shapiro has landed 70 "slam-dunk" cases since running newspaper ads in March that asked, "Have you lost more than $100,000 in NASDAQ stocks?" His argument is simple: even if customers clamored for more tech, their brokers had a responsibility to apply the brakes...
...Smith, the Ivies second leading scorer that season, went on to score 31 points on the night, including a game-clinching dunk after sneaking behind the Princeton press in the final minutes to seal a 64-59 victory...
True-to-form, at last year's show, the female a capella group the Pitches came onstage to sing, but their harmony broke down into catfight. A slam-dunk contest broke out, and final club members paired off in gladiator bouts. The advertised Harvard Dance All-Stars turned out to be a dancing Alf and boy on crutches...
...Dunk contests were never the same after that...