Word: microsoft
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...TECH STOCKS Winners. Even if they never get religion on traditional dividends, cash cows Oracle, Dell, Microsoft and Cisco could issue "deemed" dividends that reflect profit that might have been paid as cash but was instead retained by the company for future investment. For tax purposes, the value of undistributed profit would be added to the price you paid for the stock and leave you with a smaller taxable gain when you sell...
...were a public company, the Mississippi band of Choctaw Indians would be the envy of corporate America. With a return on revenue of 41%, the tribe's Silver Star Resort & Casino would top the Fortune 500 profitability list, dwarfing even money spinners like Microsoft, whose 29% return last year seems modest by comparison. The Choctaw Tribe has proved even more productive by another crucial yardstick: influence peddling in Washington. How successful is it? In 1997 the tribe secured its very own special-interest provision hidden in a massive federal-spending bill. And it taps the government for tens of millions...
MAGGIE WILDEROTTER Technology Trailblazer After starting in accounts receivable at a software firm, she rose rapidly in the telecom industry and eventually built Wink Communications into the world's largest interactive-TV service. Now Wilderotter, 47, is the highest-ranking woman at Microsoft; she was just named senior VP of business strategy and given a mandate to increase sales to governments and schools...
...hook: If Tiger has an obligation to protest Augusta's sexist policy, so does every other golfer on the pro tour and every member of Augusta. So far, we haven't heard a peep out of most of them. Where's the pressure on corporate fat cats like Microsoft chairman Bill Gates, who recently became a member, as sources told TIME? Where's the heat on such topflight pros as Phil Mickelson, Davis Love III, David Duval? None of them individually have the clout of Woods, but a protest by all of them would bring Augusta to its knees...
...ordinary ballpoint pen, but it contains a computer chip that records and remembers every scribble. When you're through writing, the IO downloads your jottings to your PC, where you can either save them as pictures or use handwriting-recognition software to convert them to text in an ordinary Microsoft Word document...