Word: preset
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Dates: during 2000-2009
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...took me about 15 minutes to set up Sonicbox, and the software came with hundreds of preset stations--everything from talk radio in San Francisco to police scanners in Amsterdam--so I didn't have to spend hours online looking for sites. I loved being able to lie on my bed and flip from a ska music station in New Jersey to pop music from Greece in less than a second. Unfortunately, I can't turn my PC and Net connection off with the remote. So, just when I'm about to drift off listening to Beethoven.com I have...
...course, most people who trade options aren't buying insurance; they're gambling. A call option grants the right to buy a stock at a preset time and price. A put option grants the right to sell at a preset time and price. These tools make it easy and cheap--and treacherous--to bet on near-term swings in a stock price. Consider: today you can buy a call option for about $600 that gives you the right to buy 100 shares of Oracle in mid-July at $85 a share. Oracle is now trading at about...
What I didn't know is that each of those settings can be customized. In other words, I could have left the Young Teen preset in place, blocking unrestricted Web wandering, for instance, while lifting the ban on Instant Messaging. Better still, I've since learned how to fine-tune the buddy-list setup (under Privacy Preferences) to make my kids "invisible" to anyone but their friends. I mean their school friends, not their new friend with the panties...