Word: selection
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Imagine dining at a restaurant where there are just two dishes on the menu--and because one is being eaten by 90% of your fellow diners, the waiter advises you to order that. That was the choice facing computer consumers throughout the 1990s. You could select from a few relatively pricey Apple computers that ran Mac OS on the one hand, and a horde of cookie-cutter Windows-based PCs on the other. A third operating system, Linux, has been available for free since Linus Torvalds created it in 1991, but for years it was too complex to make...
Imagine dining at a restaurant where there are just two dishes on the menu - and because one is being eaten by 90% of your fellow diners, the waiter advises you to order that. That was the choice facing computer consumers throughout the 1990s. You could select from a few relatively pricey Apple computers that ran Mac OS on the one hand, and a horde of cookie-cutter Windows-based PCs on the other. A third operating system, Linux, has been available for free since Linus Torvalds created it in 1991, but for years it was too complex to make...
...past, Crimson Key chose all admissions tour guides through a selective comp process each semester. The admissions office will now select all guides...
Larry Puglia, manager of the T. Rowe Price Blue Chip Growth fund, likes hospital companies Tenet Healthcare and HCA, the HMO firm United Healthcare as well as select financial services stocks, including fund company Franklin Financial Advisors. He also believes Starbucks will benefit from retirees with time on their hands--he's long decaf. His fund is 50% driven by age-wave considerations, which are the main driver at the Muhlenkamp Fund. Those two funds are one-stop investments for the trend. Other funds guided by shifting demographics include AIM Dent Demographic Trends, Fidelity New Millennium, Morgan Stanley 21st Century...
Some softening is inevitable. Select markets such as Baton Rouge, La., and Philadelphia dropped 1% during the 12 months that ended last March. Existing-home sales and new starts fell nationally in June. So there are some cracks. "I don't think it's inappropriate for people who are getting battered on their stocks to look around and ask, 'Where else am I vulnerable?'" says Eric Belsky, executive director of the Joint Center for Housing Studies at Harvard. But economists say that when the housing boom finally ends on a broad scale--and that could be a year or more...