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This summer scooters have become a hot accessory, popping up in movies (American Pie, the new Austin Powers), fashion spreads, music videos and ads (Doc Martens, IBM). Especially popular on both coasts, Vespas are a favored toy of such celebrities as Ellen DeGeneres (girlfriend Anne Heche gave her one) and Jerry Seinfeld (who paid some $10,000 for his rare 1962 Grand Sport). So popular have they become that Piagio plans to return to the U.S. market with environmentally compliant Vespas in 2000. "This is the year for scooters," says Erik Larson of the Scooter Shop in Orange, Calif...
...pure Internet stocks--such retailers as Amazon.com and eBay; communities like iVillage.com and TheGlobe.com media companies Marketwatch.com and TheStreet. com; and portals such as Yahoo and America Online. Many stocks that benefit from the Internet but don't depend on it to sell their goods have held up well. IBM is up 35% since Internet stocks peaked in April...
What may matter most, though, is where the stock settles after the inevitable post-IPO run-up. I'd love to own UPS as a back-door Internet play, much like profitable equipment makers Lucent and IBM. But if Netniks drive the stock too high too fast, FDX, sliding lately, may be the better stock. Attention from the UPS offering and a repeat breakout holiday season for online shopping could send it on another...
...subject of this elegant coffee-table book, remains one of the country's important imagemakers. A legendary postwar graphic designer, Rand drew on the ideas of Cubism and Constructivism but interpreted them playfully in countless print ads and book jackets, and ultimately in the corporate logos for IBM, Westinghouse, ABC and others. The book is a must-have reference for all modernists...
...closely watched one too. Quite apart from being a timely test of war by committee (take note, NATO), it's Kasparov's first public confrontation with computer technology since his match with IBM's Deep Blue in 1997. Those games, billed as a historic confrontation between man and machine, ended with man's humiliating defeat (and petulant calls by Kasparov for IBM to hand over Deep Blue's printouts; two years later, they still refuse...