Word: marketization
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Dates: during 1990-1999
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...rapidly growing rate. Americans this year will purchase more than 2 million smart machines, ranging from two-way pagers to Web-TV boxes that bring e-mail and the Internet to TV screens. That will nearly double the sales of such devices from last year--and the market is just starting to expand. (Sales of home PCs have been increasing at the pace of 23% a year.) According to the research firm IDC of Mountain View, Calif., the market for information appliances will grow from $485 million in the U.S. today to $4.2 billion in 2002, when it will surpass...
...least not based on this civil lawsuit), and the point of the suit isn't to get fines or money damages. If the Justice Department prevails, Judge Thomas Penfield Jackson would have to rewrite the rules of engagement so that Microsoft could no longer unfairly exploit its dominant market position. And that could even mean what every Microsoft hater truly lusts for: a breakup of the company...
...stop begging for a Furby, right? She says they squawk in kiddie gibberish and make gurgling noises and sing songs. And you've driven to every mall in the state and still can't find it. Your next-door neighbor traded his car for a dozen on a black-market website, but he's hoarding them until just before Christmas, prime time for scalping. You're stuck with a K Mart waiting list and cheerful lies from salespeople: "We'll call you soon." Makes you wanna gouge those adorable Furby eyes right out of their electronic sockets...
...market has never been entirely responsive to its final consumers, since parents are required middlemen. But kids have probably never been so far removed from the creation of a toy fad as with Furbies...
...stock market can make anyone look bad--even a billionaire investor like Laurence Tisch, who will step down as CEO of Loews Corp. by year's end. Shareholders may wish he had stepped down sooner, given his errant attempts to time the market over the past two years. Tisch, a contrarian, is smarter than most. After oil prices receded in the early '80s, his company bought oil tankers and drilling rigs at scrap-metal prices and later sold them for a tenfold gain. But he's lost big betting the company's cash against the Standard & Poor...