Word: spirals
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...deals to supply the Apples and HPs of the world?and that kills profits. According to Macquarie Securities in Taipei, the net profit margins at six major Taiwan tech companies fell to an average of 2.9% in 2004 from 7% in 2002. One solution to this high-tech death spiral: get big quick, through acquisitions that produce economies of scale along with brand recognition. Other Taiwan companies are striking deals similar to BenQ's. Earlier in June, Taiwan's TPV Technology agreed to buy part of the computer-monitor-and-LCD-TV operation of Dutch electronics giant Philips...
...pregnant teens become pregnant again within one year; 30% do so within two years. "You ask, 'Why didn't you come in for the Pill?' and they say, 'I didn't have time,' " says an exasperated Kay Bard of Planned Parenthood in Atlanta. "Their lives begin to spiral out of control...
Taken together, the positive forces have created what Economist Dimitri Balatsos of the Kidder Peabody investment firm has called a "virtuous cycle." This cycle is a mirror image of the vicious spiral of the 1970s, when soaring oil prices and roaring inflation created rising unemployment, slumping stock prices and economic stagnation. Now things are going the other way. Exults Barton Biggs, chief portfolio strategist for the Morgan Stanley investment firm: "It's like watching the movie of the 1970s run backwards...
...pirates invented their own programs to circumvent that scheme, the manufacturers turned to more elaborate ones. They recorded tracks backward, recorded data between tracks, left spaces between bits of data, used spiral (rather than circular) tracks, even burned tiny, precisely placed laser holes in the original that foiled attempts to duplicate...
...Company (www.treehousecompany.com), which look more like mansions than playhouses. The designers can install anything from kitchens and bathrooms to under-floor heating and electricity. The circular cedarwood dining lodge the company erected in an ash in West Sussex, England, for instance, has all that plus a telephone connection, a spiral staircase, 13 windows and a peaked roof. No wonder the private, $185,000 retreat outdoes any earthbound first-class dining hall. "Forty years ago, nobody envisioned things like jacuzzis and log stoves up in the trees," says John Harris, the firm's founder. "But today, nothing is impossible...