Word: hocking
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Dates: during 1990-1999
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What to do? Investors already in hock must prepare a game plan on how they'll raise cash if they face a margin call, says Lloyd Woelfle of American Express Financial Advisers. If you're a novice investor tempted to buy on margin, using leverage is O.K., but you may need to set aside more money than you think to play this game. If you buy on margin, better to stick to high-quality equities, which have a lower downside risk. Borrowing to buy volatile Internet stocks is walking the high wire. And right now that wire is really, really...
GOING GOING...The Miami high school student who tried to auction his "virginty" (sic) online was shut down, but most auction websites don't get nearly so interesting. Listing an item has become so easy and inexpensive that users are beginning to hock anything. Here's a sampling of items recently put up for sale on ebay, Lycos and other auction sites. Just...
...nothing of his political career) and gets consumers to finally start spending. In time, that growth encourages Japan's out-of-date manufacturing firms to begin a difficult restructuring. The result is a top-down, bottom-up postindustrial revolution. And though the government has to go into hock to pay for the resuscitation, it eventually repays its deficit on the back of a newly resurgent Japan...
However, as my roommate and I attempt to hock our gray futon (to one of the fortunate who can just "store" their furniture), I realize, as have nearly all the upstart but savvy businesses in Harvard Square, our lease here is up and is not being renewed. The first generation of the "randomized" will soon really be forced to recognize the randomness of the real world. College, more than ritual, at least concludes with one, and my grandmother will be here to prove it. Just remember, if you see me sniffling this Thursday, in addition to the pang of nostalgia...
...drug deal while her friend Simon (Desmond Askew), a supermarket coworker and the usual middle man, is out of town. Conveying Ronna's sly confidence in the temporary world of criminal mischief is Polley's ultimate strength. Her character deftly handles every potentially dangerous situation, able to hock her friend Claire (Katie Holmes) as collateral for a bottleful of ecstasy, sell over-the-counter pills as drugs at a rave and field such situations as arrest and death. The transformation from indolent suburban checkout girl to manipulative dealer fielding one obstacle after another through a night of romp and circumstance...