Word: stocke
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Dates: during 1990-1999
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...couple subsequently divorced. She was articulate and confident, and I got the feeling that for her, real life was what you did while looking for the next big score. Then she said something that struck me as unusual coming from an adult-video actress: "I'm really into the stock market...
...bank. The firm was on the verge of what would have been his crowning achievement, a $100 million public offering last May. But days before the IPO, the firm canceled the deal when McDermott told his partners he was under investigation by the Securities and Exchange Commission for giving stock tips to a friend. "It wasn't until I saw the subpoena that I saw a name attached to this so-called friend," says John Duffy, the firm's current CEO. "Clearly there were things he didn't tell us. Fortunately, Jim has been gone for six months. I kind...
...roaring bull market. So when agents of the Drug Enforcement Administration set out to crack a Colombian cocaine ring three years ago, they opened a fully licensed--but also fully bogus--brokerage in suburban Atlanta to get inside the drug world. Even though the customers never made a single stock trade--double-digit stock gains are paltry in contrast to 400% returns on cocaine--the sting paid off last week with federal indictments of five Colombians, who are believed to have ties to the Cali drug cartel, on drug trafficking and money-laundering charges. The indictments capped an international operation...
...comfort, Bernard is not alone, and neither is Sears. The final days of the Internet's first really big Christmas were punctuated by a mountain of undelivered packages and a blizzard of complaints: computers that crashed, orders that vanished, items suddenly out of stock or stuck in the warehouse. In a telling field test, the results of which were released with only five shopping days left, staff members at Andersen Consulting tried ordering 480 gifts at 100 of the most popular online stores and managed to get through only 3 times...
...Doubters may counter that the tech-stock surge is Y2K-related, and that business has been booming precisely because major corporations have invested heavily to fumigate their systems against bugs. "But," says Baumohl, "it's unlikely that there'll be a reduction in capital expenditure on technology once the Y2K problem has passed - companies are more likely to maintain that investment in order to stay ahead. There may be a shakeout in the NASDAQ in the coming months, but it will probably still outperform the DOW and S&P again next year, and in the foreseeable future...