Word: price
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Dates: during 1990-1999
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...price for nose...
These two companies symbolize the struggle between investors who like their technology stocks to offer hard assets, proven earnings and a price roughly in line with market multiples, vs. those traders who are willing to pay a much higher price for rapid growth. The latest returns favor Intel. In a tough week that saw most stocks retreat, the market seemed eager to pay 30 times this year's earnings for Intel. Its stock held steady as Yahoo lost 8% of its value. Yet both stocks still managed to outshine the larger averages, as they've done for a while...
...took Intel 24 years to reach $50 billion in market cap, while it took Yahoo less than two years. For some, even Intel's price seems hard to swallow, given the relative maturity of its business and its growth prospects. But increasingly, even institutional investors are flocking to stocks like Yahoo as the performance of the Net stocks has put less aggressive investments to shame...
Groundbreaking as Encarta Africana may be, it falls short on two key points, starting with its price. Though Microsoft will donate copies to 8,000 schools, the rest of the nation's schools and families will be charged $70 ($50 with a rebate). Second, Encarta Africana is available only for the PC. Microsoft explains that "only" 40% of schools use Apple computers, but that's a poor excuse. A reference work this useful and exciting should be available to everyone--even those renegade Mac users...
...fill out a detailed questionnaire and obtain a PIN for the 800 service, known as FreeWay. Of course, with long-distance rates already as low as 10[cents] to 15[cents] a minute, listening to yet another Blockbuster or T.G.I. Friday's pitch may seem too high a price...