Word: nasdaq
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Dates: during 2000-2009
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...mails every day complaining of one scam or another. That's why the agency has bulked up its CyberForce to 250 investigators, who prowl tip sites, chat rooms and other back roads on the Web. Another crew of 50 electronically monitors Internet fraud on the tech-heavy NASDAQ as well as other over-the-counter markets...
...exists no longer, principally because failure in modern, NASDAQ times has no redeeming social value. In its place sit rows and rows of gleaming successes. Last week, on the same day that I saw Wonder Boys, I watched a different bunch of wonder boys (and women) strut their stuff on a TV special called Summit in Silicon Valley. ("Bunch" is wrong for the collective noun. "Grin?") I watched a grin of high-tech billionaires sunning themselves in national adoration, bright models of achievement for every double-breasted hopeful yearning for a Lexus. No one mentioned beautiful losers. The last shall...
...found a tract of land for sale and were dead certain it would be worth 10 times the price to a developer, you'd sell or hock everything you own to buy it. Right? Well, that's the way investors around the globe are behaving with NASDAQ stocks. A massive liquidation of nontech assets is under way as people reach for the means to buy more Cisco, 3com and Apple. It's an incredible display of pack investing that begs the question, Is NASDAQ bulletproof...
...your eyes aren't failing you - there's bad news on Wall Street, and plenty of it. The Dow Jones industrial average took its fourth worst points plunge on Tuesday and dragged the heretofore unflappable NASDAQ index with it. The bad news began in the morning when Dow stalwart Procter and Gamble announced third-quarter earnings that will be 10 to 11 percent below last year's figures. The conglomerate's stock plummeted by nearly a third on the news, and the rest of the Dow quickly followed. "Psychologically, it's bad for the industrial stocks when...
...plunged 3.7 percent, or nearly 400 points. The downward spiral was aided by the Street's current climate of uncertainty, courtesy of Alan Greenspan's repeated indications that he'll raise interest rates until the stock market bubble deflates. "Greenspan is targeting the NASDAQ, which is totally inflated with all those tech stocks," says Kadlec. "But unfortunately, the Dow is really being caught in the crossfire." But not even the NASDAQ went unscathed today. After surpassing 5,000 for the first time ever in Tuesday morning's trading, the tech-heavy index skidded, to finish down...