Word: swap
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There is, in all this, a kind of humanness that is exactly the opposite of what online shopping was supposed to be like. Amazon is not a depopulated, Logan's Run kind of store. The site allows readers to post their opinions about books, to rate products, to swap anecdotes. As you sit there reading, say, a literate and charming book review from Bangladesh, the real power of the Amazon brand comes home. It is a site that is alive with uncounted species of insight, innovation and intellect. No one predicted that electronic shopping could possibly feel this alive...
...community angle is one that eBay executives work hard to promote. Users find electronic newsletters catering to their obsessive interests, visit chat rooms where buyers and sellers can get acquainted and swap tips, drop in at a cafe where they can catch up on the latest community news. Everywhere you turn--or click--you find the chipper, boosterish tone of a small-town newspaper--that is, a small-town paper with almost 8 million writers and readers...
...dozen families had one huge backyard. In the central building, residents share a dining room, playroom, mailboxes, laundry room, TV, exercise equipment and a lounge with a fireplace. They take turns cooking the three common meals served each week. Afterward, they relish the opportunity to share cars, swap furniture and get together without planning...
Apple's machine is, as the name suggests, specifically designed to get you into the digital-movie business. It has two FireWire ports and comes with iMovie--film-editing software so intuitive that it doesn't have a manual, or need one. Learn to crop, clip and swap scenes with the tutorial, plug in the camera and bingo--you're in postproduction. Other editing suites include Adobe Premiere ($895) and top-of-the-line Avid Express...
...BRIGHT SIDE OF BONDS The year 1999 has been a tough one for bond investors. With interest rates going up, bond prices have declined. But higher bond yields also create opportunities for fixed-income investors. A tax swap--in which you sell a bond that has lost some of its value and then buy a similar bond in order to take a capital loss--allows you to realize the losses on your bond portfolio. "It's the first really good opportunity for a tax swap since 1994," says William Hornbarger, a fixed-income strategist at A.G. Edwards. A bond swap...