Word: sells
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Dates: during 1990-1999
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...online this week to buy a Christmas present, e-mail a friend or sell a stock, and chances are you are going to click on a piece of Masayoshi Son's empire. You won't know it--and you probably don't know his name--but that's O.K. by Son. Soft-spoken, quick to smile, often cloaked in a slightly rumpled golf sweater, "Masa" Son is the unlikely man who would be emperor of the Internet. He has a 300-year--yes, that's 300-year--plan to invest in so many companies on the Web that no matter...
Softbank's rivals can take some solace in knowing that Son's mistakes have been spectacular. He wasted billions of dollars on Ziff-Davis, which he is trying to sell off piece by piece. He sold Kingston at a loss, and some of his start-ups, as start-ups are wont to do, went south. Son would say these failures are the price of admission. If you don't play...
...century? Don't bet on it, for the American empire is doomed, and the cause is coffee. First, the facts. Denny's, the chain of 1,700 downscale eateries, is switching to freshly ground whole-bean coffee. Dunkin' Donuts is testing espresso in 200 outlets. 7-Eleven began to sell "gourmet blends" last year. So do various McDonald's around...
After her baby is born in January (the father is actor Charlie Creed-Miles--another off-limits topic), Morton, now 22, intends to get back to work as soon as she can. But she wants it known she won't take just any job. "I'm not going to sell out," she insists. "I'm not." When Morton speaks--and even when she doesn't--people listen...
...BRIGHT SIDE OF BONDS The year 1999 has been a tough one for bond investors. With interest rates going up, bond prices have declined. But higher bond yields also create opportunities for fixed-income investors. A tax swap--in which you sell a bond that has lost some of its value and then buy a similar bond in order to take a capital loss--allows you to realize the losses on your bond portfolio. "It's the first really good opportunity for a tax swap since 1994," says William Hornbarger, a fixed-income strategist at A.G. Edwards. A bond swap...