Word: high-tech
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...when on margin. Concerned about just that, the National Association of Securities Dealers last week began requiring brokerage firms to disclose day-trading risks and to determine whether a client is suited before opening an account. None too soon. Day traders' favorite stocks have long been Internet and other high-tech companies prized for their big price swings. Since April, Net stocks have fallen on hard times, revealing many formerly brilliant day traders to be little more than lucky novices. Unfamiliar with strategies like selling short or hedging with options, many have lost big and quit. But the flushing...
Much more, according to Bronson, who views life in the high-tech mecca as nothing less than an existential journey. From the opening chapter of The Nudist on the Late Shift (Random House; 248 pages; $25), when he gushes about "meeting young people at the proving point of their lives who risked it all and would either succeed wildly or go down tragically," Bronson is on a crusade to capture the romance of this seemingly soulless patch of Northern California...
Those are the people Marcus Courtney represents. A former Microsoft permatemp, Courtney is the founder of WashTech, a new union trying to organize high-tech workers. "The courts have said the charade is up," says Courtney. A band of 16 Microsoft permatemps has formed a collective-bargaining group allied with WashTech. The larger fight at Microsoft is far from over. The company is appealing the ruling; class-action claims over access to its 401(k) plan and health and other benefits are pending...
...particular problem in Colorado's highest peaks--and especially the 54 mountains that top 14,000 ft. The Fourteeners, as they are affectionately known by locals (and a growing stack of outdoor magazines and travel guides), have become a magnet to upwardly mobile climbers sporting high-tech gear and checklists of the peaks they've bagged. More than 200,000 are expected to scale the Fourteeners this year, three times as many as a decade...
After months of fear, loathing and litigation, the music and consumer-electronics industries have decided to try to make beautiful music together. Last week the Secure Digital Music Initiative--a coalition of 100 music, electronics and high-tech companies--announced that it was provisionally blessing a controversial music format known...