Word: liquidation
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...looking to realize losses to offset gains they took early this year. "You don't give the client a negative return and a tax bill in the same year if you can help it," he says. The stocks most likely to come under further pressure are the big liquid names, the Ciscos and Microsofts. Tax selling by individuals may barely have started. They tend to hold losers into November hoping for a rebound, and then sell if one doesn't materialize. "I haven't been dipping in yet," says David Schafer, manager of the Strong Schafer Value Fund. "This...
...will to live: the site issued only three press releases in its brief life and delayed the launch so often it became an industry joke. Out of the $50 million purse promised them by Microsoft co-founder Paul Allen, it spent a paltry $7 million--barely a long liquid lunch by Silicon Valley standards...
...wrong, and I accept his apology. "What apology?" he asked the other day when I stopped by his apartment in Boston in the middle of my vacation. I had a laundry emergency. "I accept, Big Man," I said, elbowing him aside to get to his stash of Liquid Tide...
...strap one to your desk, and it's time for blast-off, right? Pretty much. The Cube is just as speedy as its larger G4 cousin. It's also shockingly silent, thanks to Apple's fan-free liquid cooling system--a technology that has clearly undergone some improvement since it was first used in the iMac last year. Back then, the casing got so hot you could fry an egg on it; the Cube is much better at keeping its cool...
...owner's death--precisely to avoid the estate tax. By selling before death, a small-business owner may avoid the death tax in exchange for paying a capital-gains tax at a rate of just 20%. Proceeds from the sale remain subject to the estate tax, but liquid assets are far more easily sheltered through trusts, charitable contributions and annual gifts...