Word: teche
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Dates: during 1990-1999
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Student enrollment for undergraduate computer science courses has surged over the past few years, necessitating the need for more physical space as well as a larger faculty. The high-tech lab will help Harvard keep in step with the ever-changing field of information technology as well as promote a conducive learning environment by allowing faculty, graduate students and undergraduates to conduct research under the same roof...
...full 30% of this year's Harvard Business School graduates are joining venture-capital or high-tech firms, up from 12% just four years ago. "The extended period of prosperity has encouraged people to behave in ways they didn't behave in other times--the way people spend money, change jobs, the quit rate, day trading, and people really thinking they know more about the market than anyone else," says Peter Bernstein, an economic consultant and author of the best-selling Against the Gods: The Remarkable Story of Risk. "It takes a particular kind of environment for all these things...
...that seems to be the smartest play. Inflation worries have driven growth stocks, including Merck and Philip Morris, 20% lower. Some tech stocks (AT&T) are way cheaper too. Internet stocks, if you're so inclined (I'm not), have fallen even more. Yet the Fed has had the right answer for every new-age inflation scare. Why bet against Alan Greenspan now? It could be that the new era deserves a new truism. Forget stumble. Call it three steps and a start...
...world today. But the setup is just too complex for the average person. A few weeks after my column ran, I had to swap the PC I was using for another one that didn't have Linux, and I still couldn't install the version from Red Hat without tech support...
...persuading employees to contribute; it's keeping up with their demands for even more generous benefits. Keen competition for technical talent convinced Joanne Carthey in 1995 that she needed to offer a 401(k) plan to the 25 employees of her Scottsdale, Ariz., software company, NetPro. "In high tech, if you don't have a plan, your employees just go next door," Carthey says. By 1996, NetPro began offering stock options as a further benefit in order to keep up with its Silicon Valley peers. Employees buy shares in NetPro at a discount, before the company has gone public...