Word: sells
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Dates: during 1990-1999
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Although the national debt has always loomed like a monster, especially to Republicans, there are arguments not to kill it off entirely. If there were no debt to finance, for instance, the government wouldn't need to sell Treasury securities. Then the Federal Reserve could have a tough time managing liquidity, since its principal method of doing so involves buying and selling those securities...
...tangerine or blueberry, comes the iBook, Apple's "iMac to go," a clamshell-shaped laptop that promises to do for the portable market what iMac did for the desktop--sell like crazy and leave the rest of the industry playing catch-up. The iBook, available this September, morphs iMac's elegant, curvilinear design and Life Savers colors into an affordable portable (see chart) with a bunch of minor innovations and one major one: AirPort, a PC version of the cordless phone. AirPort's snap-in card and UFO-shaped "base station" (a $400 optional package) allow up to 10 users...
...more wishing: last week UPS, which is based in Atlanta, said it will soon sell the public a 10% stake in what could be the biggest initial public offering ever ($4 billion or so) and the hottest in recent memory. CEO James Kelly says it's all about flexibility. Publicly traded shares will give him a currency to make acquisitions and compete better...
People shop daily at an indoor market in the center of town. Amidst the whirl of reeling flies and screaming children, individuals bargain for just-killed, unplucked chickens and freshly-baked pan dulce (sweet bread) and giant bags of beans. Young street boys who want to sell you candy or shine your shoes approach you continuously. You see indigenous women dragging overflowing bundles of produce, while they have babies strapped to their chest and suckling at the breast...
Even in the diverse global economy of today, the car business is cyclical. At the moment we're in a boom. The trick is to sell before the bust. "The time to buy auto stocks is when times are bad but not getting worse," notes Merrill Lynch analyst John Casesa. "The time to sell is when times are good but not getting better." Billionaire Kirk Kerkorian showed us the way. He was buying Chrysler at $10 in 1991, when the company was on its back. His $1.5 billion investment is worth more than $5 billion...