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That kind of thinking has created a huge gap between the valuations of Internet stocks and the rest of the world. "It can't last forever," says Intel chairman Andy Grove, whose company owns 8.6% of CMGI. "The Web world has one set of rules and the rest of the world has another." In other words, something's got to give. Last week some of CMGI's investors took their money off the table, and CMGI traded as low as $185 before bargain hunters--and only in the Net world is $200 a share a bargain--drove it back...

Author: /time Magazine | Title: The Internet's Money Machine | 5/3/1999 | See Source »

TRADE WINDS He rode the tech wave skillfully, but now Fidelity Magellan manager Robert Stansky seems a bit wary. Over the past few months, Stansky has lightened his tech load, from 25% to 20%, replacing Intel and Lucent at the top of his portfolio with Citigroup and Time Warner [parent of TIME's publisher]. He still has Microsoft, MCI WorldCom, AOL and Cisco (along with GE, Home Depot, Wal-Mart and Merck) at the core, a strategy that's working; so far, he's still beating the S&P, with a 12% return this year...

Author: /time Magazine | Title: Your Money: May 3, 1999 | 5/3/1999 | See Source »

Above the fighters is the intel package: E-3 AWACS and E-2C radar planes, E-8 Joint STARS ground-surveillance planes and RC-135 Rivet Joint planes. They comb the sky and ground for the enemy, feed targets to pilots and keep allied warplanes safely apart. When you near your target, you peel off from your buddies, dodging antiaircraft artillery and corkscrewing missiles...

Author: /time Magazine | Title: The Military: How We Fight | 4/26/1999 | See Source »

What's the difference between Intel's pentium, CELERON AND XEON microprocessors...

Author: /time Magazine | Title: Ask Anita | 4/12/1999 | See Source »

...range. The fastest are Pentium IIIs that run at 500 MHz, perfect for 3-D games like the upcoming Quake III. Celerons are discount chips found in many sub-$1,000 PCs. They are cheaper and slower because they have less short-term cache memory. Xeons are Intel's fastest chips (with up to four times the cache of Pentiums) and are used only for corporate servers...

Author: /time Magazine | Title: Ask Anita | 4/12/1999 | See Source »

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