Word: ibm
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Jackson will replace IBM Professor of Business and Government Roger B. Porter, who has held the post for four years...
...money each week or each month from your bank account or paycheck, and designate the stocks you want to buy. There are no minimums. The only charge: $2 per transaction. Let's say you designate monthly investments of $50 in Procter & Gamble, $50 in Citigroup, and $100 in IBM. Your cost is $6 a month over the investment amount. Netstock does the buying, keeps track of fractional shares, reinvests dividends and puts it all online for you to monitor...
...that you buy more shares when prices are low and fewer when prices are high. It's especially effective in volatile markets such as we've seen this year. And if you don't think small amounts add up to big money, think again: $100 a month invested in IBM since 1990 would be worth nearly $62,000 today--and that's after subtracting Netstock's $2 fee per trade...
...Labor--for now). Their spirit recalls a conflict from the '70s that also pitted young idealists against a fearsome acronym. When Steve Jobs and Steve Wozniak, moved by a belief that small is beautiful and big is hideous, set out to build a personal computer that would challenge IBM's great mainframes, their aim was not merely technical but also social. They wanted to bring power to the people. Now the people have it, and they're using it. To do precisely what is still a mystery...
...would be a mistake to conclude that Gates has gone soft. Earlier this month--just a day after settlement talks between Justice and Microsoft fell apart--he reiterated his interest in bundling speech-recognition software into a future version of Windows. That could prove just as disastrous for IBM and Dragon Systems' competing voice-recognition software as the decision to bundle the Explorer Web browser was for Netscape. And it would give the Justice Department yet another argument for dismantling the Windows monopoly...