Word: teche
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Dates: during 1990-1999
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Jameson recently switched from Charles Schwab to Paine Webber, and says she is much happier. She touted two other high-tech stocks, CMGI and EDIG. Jameson was more bullish than Peter Lynch and, at least to me, much more convincing. "I just bought Parkervision today. It came out with a new computer chip...
...have seen the future of the American economy, and its name is NASDAQ. The tech-heavy stock index continued its surge into record territory Thursday morning, after Wednesday's historic breaking of the 4,000 barrier. And while the good new continued for the Dow and the S&P 500, both of which surged in the last trading session before Y2K, neither has been able to match the NASDAQ comebaq. That index's outperforming of both the Dow and the S&P may make 1999 the year tech stocks finally silenced their naysayers. "The NASDAQ represents the vanguard...
...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...
...Mail regresses to old tech, can e-commerce really be that easy? With Case onboard, and TIME's Person of the Year issue to dangle before guests, I pursued a Noah's Ark theory of who else to invite: two members of Congress, two teachers, two candlestick makers. I warned everyone they would be TIME's guinea pigs. But when you're having Alan Greenspan to dinner, you realize the repercussions of a dyspeptic entree. Who wants to serve the meal that ends the longest economic expansion in peacetime history...
INVESTORS The '90s make '80s look like '30s. Who cares if it's all tech-driven frenzy? W&L is going public...