Word: stocke
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Dates: during 1990-1999
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...EBAY O.K., so it's prone to outages. It has a few white elephants. It may not even be the best auction website. But this year, eBay became an economic phenomenon second only to the stock market. Every day, 250,000 new items are added and 1.5 million visitors make bids. Even the President praised the site and admitted trading on it. Is there anyone who hasn...
...gadget are you going to go for--a cell phone with its fiddly little buttons, or a pda (personal digital assistant) with a neat little stylus and large screen? The best answer this year was the Palm VII, which gives you a smorgasbord of e-mail, news, sports and stock tickers, all for $9.99 a month. By the way, it's also an organizer...
...fretting over the future of the global colossus, while business strategists ponder what went wrong. Last week Coke named Australian-born Douglas Daft, 56, who runs the company's Asia and Middle East operations, as president and heir- apparent. But that didn't do anything for Coke's stock price, which fell $4.125 a share last Monday on the news of Ivester's retirement--a 6% drop that knocked $9.9 billion off the company's market value--and dropped 75[cents] more by Friday's close...
...Percentage rise in the first-day stock price of VA Linux Systems, a computer-server company...
Still, Miller inherits a case study in the perils of trying too hard to please today's growth-hungry stock market. As the drugstore industry has consolidated into a few dominant national chains, Martin Grass (son of Rite Aid founder Alex Grass) nearly doubled the number of outlets, buying independents and refashioning smaller locations into 10,000-sq.-ft. convenience stores. That kind of real estate doesn't come cheap. In 1996, Grass shelled out $1.4 billion for a thousand Thrifty PayLess drugstores on the West Coast. Then a year ago, he spent $1.5 billion on PCS Health Systems...