Word: sells
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Dates: during 1990-1999
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...lease the half-size Eiffel Tower at the Paris for a party of 40 to 50--including chef, butler and host's suite--for a mere $200,000. The stock-option challenged can find Strip accommodations for a (relatively) less exorbitant $400 a night, and those are selling more briskly. But hotel rooms, which the Las Vegas Convention and Visitors Authority predicted would sell out by fall, are still going begging, and major resorts are slashing their inflated rates by hundreds of dollars a night...
...longer have to choose between cyberlife and social life. Suddenly everybody is doing computer call waiting. This summer Actiontec became the first company to sell a call-waiting modem. And this fall software-only services are popping up everywhere. Callwave, Pagoo and Prodigy all offer programs you can download from their websites and use for up to $5 a month. In October MSN launched a $5-a-month, members-only service in Atlanta, Seattle and San Diego and plans to go nationwide by March. Research firm IDC predicts that more than a quarter of U.S. households will use an Internet...
Sandy Batkin, 76, is one such paternalist. He felt he had to sell his Universal Folding Box Co. in Hoboken, N.J., after his heirs made it clear they had no interest in carrying on the business. But he held out until he found a buyer, Workflow Management of Palm Beach, Fla., that would pledge to keep his 165 employees. "I know almost all the employees by name," says Batkin. "I know their families. It was very important to me that I sell to a company that was not going to liquidate and move the business somewhere else...
...number of would-be viators has increased, the industry has gone into hard-sell mode, promising fail-safe, above-market returns. The harsh reality, though, is that investors are in some measure betting on the death of the sellers. If the person whose policy you buy dies in a year, it's a great investment; but if he lives five, it's a dud. "Profitability is related to the predictability of death, which has proved to be singularly unpredictable," says Bill McDonald, chief of enforcement for the California Department of Corporations, who thinks viaticals may need to be outlawed...
That's the point. The key reference and utility programs continue to sell well for three reasons: the number of PC owners gets bigger every year; software companies are finding new ways to adapt their products to the Web; and they keep adding new bells and whistles while holding prices in check...