Word: sell
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Dates: during 1990-1999
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...shuddering as the PC business matures into one in which price trumps brand and profit margins are narrowing. Dukker's company is the upstart leader in the ultracheap market that is suddenly rewriting the business model of the personal-computer industry. It's partly to blame for the recent sell-off of technology stocks that has driven major computer-manufacturer share prices down as much as 40%. (Want to know why we didn't make Dow 10,000 on our first run at it? Three letters: IBM.) There was a time in the mid-'90s when PC makers could count...
...clients who have plenty of negotiating leverage. "All brands come with an unbelievable amount of management software, fast CPUs [central processing units] and everything else you need," says Roger Baumann of Affiliated Networks, a small Miami marine-parts e-commerce firm. "It comes down to who's going to sell me those features for the lowest price...
...dissolves and each partner redeems his interest "in kind." That means partners are given equal amounts of all the stocks in the fund. It's a nifty way to launder, say, 50,000 shares of General Motors into about 500 shares each of 100 different companies without having to sell and pay an immediate tax on the capital gain...
...company stock if you're getting a healthy slug of it from the boss. If you exercise stock options, diversify immediately. Remember, your most valuable asset--your career--is also tied to the health of your firm. If you're over age 55, your employer may allow you to sell some of its stock held in your 401(k), so be sure to ask. In your taxable accounts, lean toward diversified mutual funds, or individual stocks in at least six industries--and avoid the one in which you work. If you are concentrated in a single stock in a taxable...
...Hussein Ismail Jaber, a banquet manager at the Jerusalem Renaissance Hotel, father of three and a Muslim, is one of the richest men in Israel. For a week. For the fourth time. Because Jewish law forbids possession of certain grains on Passover, Jews who own bread or bakery companies sell their inventory to a Gentile for the holiday. The Sephardic and Ashkenazic chief rabbis sell it all to Jaber, who gives the Finance Ministry a check for $25,000 as a deposit for food products worth about $50 million. Jaber says he does it as "a gesture to the rabbis...