Word: sells
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Dates: during 1990-1999
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...matter how cheap or simple the personal-computer industry makes its new PCs--and many now sell for less than $1,000--they still daunt many would-be users. But a new wave of "information appliances" has begun to bridge the gap between PCs and consumer electronics by bringing capabilities such as e-mail and Internet access to TVs, telephones and other homey devices. Unlike even the least expensive PCs, which are designed for a variety of uses, information appliances focus on a few core functions and usually sell for $500 or less...
...about the new toy. Initial shipments sold out almost immediately. Now Furbies vanish from Target stores within a few hours of arriving from China. The Web's eToys.com has so few left it will hold a Furby giveaway sweepstakes after Thanksgiving. "If we got 30,000 tomorrow, we could sell 30,000 tomorrow," says eToys exec Phil Polishook. They have only about...
...People need to realize that when we make toys, we make as many as we have orders for," says an exasperated Marc Rosenberg, Tiger's publicist. Before September, retailers had ordered 1 million, and a confident Tiger produced 1.3 million. But after all the publicity, perhaps 5 million could sell...
...Childhood. Yes, the bears were cuddly, but parents liked the story that inspired them: Theodore Roosevelt's saving a baby bear on a 1902 hunting trip. Nevertheless, it was kids who ultimately made teddy bears more than a fad. It took at least four years for teddy bears to sell well, only after kids across the country started seeing them...
...surgeons often make lousy investors because their work requires a supreme self-confidence that can hurt them in the markets. They'll hold a stock until they get even or go broke. That's a fatal attitude. When a stock has fallen, you've lost the money whether you sell or not. Take another look, and be ready to accept that you might have missed something the first time. That's what Tisch did. Last quarter Loews "reduced its exposure" to the stuff that produced the massive losses. Now is a good time to look at your losers...