Word: staking
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Feeling stifled by their corporate masters, Hawkins and Dubinsky left in 1998 to found a rival handheld-device maker, Handspring. After its IPO in 2000, the pair's stake was worth more than $1 billion. Palm, meanwhile, had been spun off three months earlier and was freestanding again. But the handheld market crested in 2001, when 13.3 million Palmlike devices shipped, and both firms now faced new competition from Microsoft's Pocket PC platform...
...Sharon's concerns are similar. He has made clear that he is negotiating not with the Palestinians, but with the U.S. Having proclaimed President Bush as Israel's best-ever friend in the White House, Sharon wants to avoid creating diplomatic difficulties for an administration whose stake in the Middle East has grown exponentially since it took possession of Iraq. At the same time, Sharon is keenly aware of the strongly pro-Likud sentiment of the hawkish faction of the Bush administration, which together with the overwhelming support on Capitol Hill for his own policies has given him the freedom...
Once again, Stewart has chosen to fight, but this time more than her image is at stake. If she is found guilty of all the criminal charges, Stewart could face 25 years in prison, $2 million in fines and permanent damage to the company that bears her name and fortune. (She owns 61% of the stock, worth $310 million.) In addition to criminal charges, she faces a civil case brought by the Securities and Exchange Commission (SEC), alleging insider trading. Stewart's lawyers say she "has done nothing wrong" and has become a celebrity scapegoat for more egregious, if less...
...identity. "My name's not on anything," he boasted at one point, according to investigators, when they reached him on his uncle's cell phone. "You'll never catch me." Fingered by his upstairs neighbor and a former employer, Carmack went to ground. A private detective was hired to stake out his mother's house. Carmack was finally caught running from his car to the front door and was served with a complaint. Now out on bail, he has been found liable in a $16.4 million civil lawsuit by EarthLink. Charges of criminal fraud filed by state attorney general Eliot...
...hassle free. Outdoor equipment retailer REI, based in Kent, Wash., makes smart use of technology, according to Forrester's Delhagen, by placing computer kiosks on its sales floor that allow the customer to search its entire inventory. "The store can't carry every size and shape of tent stake," Delhagen says, "so an associate will walk you over and find you the one you need." The lesson for retailers: don't fall in love with new technology unless your customers get to play with...