Word: nasdaq
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Dates: during 2000-2009
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...Pretty much all stocks are interest-rate-sensitive, and anything that pushes aggressive rate-cutting farther down the road is going to be bad news. The Dow is taking it harder because it's been doing reasonably well lately - the NASDAQ stayed pretty level because it's already sitting on a 52-week low, and there isn't much downside left...
...merger with Time Warner (TIME's parent). Though global in outlook, Bertelsmann has relatively few broadcast and Internet assets in North America, so the German giant could soon be trolling for bargains among companies that have been bloodied by the precipitous fall of the U.S. high-tech stock market nasdaq. The RTL deal also provided outsiders an intriguing glimpse into Bertelsmann's finances. Company officials say the in-house price attributed to the RTL share swap was $9 billion, roughly a 100% premium over the actual stock market valuation of RTL's shares. Using that figure, it means that Bertelsmann...
...meantime, we're in a temporary slowdown - maybe six months, maybe nine, maybe a recurring, malaria-type thing that happens every time a NASDAQ bubble bursts. But if the surplus projections turn sour a few years down the road, it'll likely be the politicians' fault...
...kind to be installed in a resort setting. This $2 million machine works with high-resolution ultrasound and other space-age diagnostic tools to detect early signs of heart disease and cancer. For around $8,000 per person, anyone whose stock portfolio hasn't tanked with the NASDAQ can splurge on a rigorous seven-day medical screening and fitness program offered at the new Mandara...
Being located in a Web-crazed country did not prevent shares of South Korea's Internet companies from plummeting after the global dotcom bubble burst last spring. (The country's high-tech kosdaq stock exchange has tumbled 80% since its peak in March--steeper than nasdaq's fall.) But that hasn't shattered South Korean faith in the New Economy. Info tech still accounts for more than 10% of the $400 billion economy, and that percentage must grow further if the country is to continue its economic climb. With its labor now expensive in international terms, and with few natural...