Word: teche
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...Sage of Omaha again. The man whom many consider to be the greatest investor of all time--Buffett once raised $210,000 at a charity auction for his 20-year-old wallet, with a stock tip inside--fell into disfavor in the late '90s. He was criticized for avoiding tech shares when they were soaring, and for clinging to big positions in stocks like Coke and Gillette after they had peaked and were driving down the market value of his company, Berkshire Hathaway...
...article in the Wall Street Journal, Harvey Golub, a director at Dow Jones and former CEO of American Express, has already argued that stock options should not be regarded as an expense on a company's books. Intel chairman Andy Grove spoke for much of the tech world last September when he told the Conference Board that "stock options are a red herring. The real issue is excessive compensation for executives. [Expensing options] will not be an effective deterrent to abuse." Meanwhile, many investors who can't afford to hold a stock forever value quarterly guidance because it helps prevent...
Gwaltney's favorite combo is a curious mix of high-and low-tech treatments: a quick squirt into the nose of the biotech drug interferon, followed by two over-the-counter pills--an anti-inflammatory like ibuprofen (such as Advil or Motrin) and a so-called first-generation antihistamine like chlorpheniramine (such as Chlor-Trimeton). The interferon primes the immune system to unleash its antiviral defenses while the ibuprofen and the chlorpheniramine keep the inflammatory processes under control...
...wash, dry and care for clothes are now in showcase spaces. Architects and home builders across the country report a surge in demand for spacious, centrally located, multipurpose laundry rooms. The equipment in them is getting a makeover too. The latest generation of washing and drying machines boasts high-tech innovations--with high price tags to match. Home stores and catalogs brim with $120 hampers and $20-a-bottle cleaning products that have scents like pink grapefruit and lavender...