Word: flat-screen
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Since Gateway unleashed its $3,000 plasma television last year, flat-panel TVs have moved from high-end curiosity to hot item, taking the hype-drenched world of consumer electronics by surprise. The flat-screen sets are brightening the picture in surprising places in this hard-to-tune economy. Design buffs love their sleek, minimalist profile; videophiles love the stunning picture quality; and investors are finally finding a bright spot in the beleaguered tech sector. In 2003, sales of plasma flat-screen televisions, despite an average price tag more than 10 times that of a conventional TV, tripled...
...market share. "It's driving traditional Japanese consumer-electronics companies crazy," says Peter Kastner, chief research officer at the Aberdeen Group. Although flat-panel TVs are produced exclusively in Asia, U.S. companies like Gateway and Dell are developing strong brands that will allow them to go after other product categories dominated by Japanese makers. American tech companies are working behind the scenes: Corning makes glass for the displays, and Texas Instruments has created a low-price, flat-screen alternative to the biggest plasma-TV sets with its DLP (digital light processing) rear-projection technology. "Just when you think innovation...
...panel of portfolio managers, moderated by senior writer DANIEL KADLEC, to assess the state of our investments. Our panelists are stalwart long-term bulls on the global economy and believe job growth will return this year. There is wisdom in dividends, they say. And the best buys in flat-screen TVs are the stocks of companies that make them. For more on that, and other pearls, read...
...dinner at one of Saddam’s water palaces (they had been living there since February 2002, a month before combat had officially begun). We ate Whoppers and hot apple pies around a U-shaped marble table in lavish, high-backed upholstered chairs. Saddam’s flat-screen surround-sound theater system echoed satellite television off the cavernous walls of the ballroom...
...room like the old Chicago pol he is. But after a few minutes his face darkens, and the more notorious Rumsfeld emerges. Sitting at a briefing table, Major General Raymond Odierno, the 4th Infantry Division commander, is flashing a laser pointer back and forth from maps to charts to flat-screen displays when Rumsfeld abruptly cuts...