Word: marketization
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Dates: during 1990-1999
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...comparable to that of CDs, and can even be channeled through conventional stereo systems. "The Internet has made music so vulnerable," says Record Industry Association of America (RIAA) general counsel Cary Sherman, "[that] if it were left to go unchecked, you would eventually reach a point where the pirate market would supplant the real market...
...been more explosive. EBay rose a quick 37%; Xerox, 10%; Microsoft, 12%. People now pay for services that alert them via pager or e-mail whenever a split is announced, so they can quickly buy the stock. It's an example of lemmings running amuck in the market--dumb money chasing any trend that doesn't require thoughtful analysis...
Even dumb money does sometimes make money. It's possible to be wrong but lucky--especially in a bull market. But luck doesn't last; fads fade. Successful investing requires research and judgment--if only to judge that you're better off buying your stocks through mutual funds...
...sampling the 1996 book not on an audiocassette but on something more convenient and ultimately less expensive: a digital, pocket-size device made by Audible, of Wayne, N.J. The company has been quietly cornering the market for audio books and other spoken media delivered online...
...million Current estimated size of the toy-gun market--$8 million higher than the previous estimate...