Word: teche
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...TECH STOCKS Winners. Even if they never get religion on traditional dividends, cash cows Oracle, Dell, Microsoft and Cisco could issue "deemed" dividends that reflect profit that might have been paid as cash but was instead retained by the company for future investment. For tax purposes, the value of undistributed profit would be added to the price you paid for the stock and leave you with a smaller taxable gain when you sell...
Palmisano's optimism might seem forced amid the wreckage left behind by the tech bust, with cash-strapped companies wary of spending on technology that often doesn't live up to expectations. Such skepticism is one of the principal reasons that IBM's 2002 earnings, which will be announced this week, are expected to drop more than 10%, a reversal from the solid, double-digit annual earnings growth that Gerstner consistently achieved--and that Palmisano is promising for 2003. That pledge will be all the harder to keep at a time when Wall Street is taking a much closer look...
...like Mumm Champagne, Chapstick and Cadbury Schweppes. SMS was first launched as a commercial service in Europe in 1994. As the popularity of mobile phones spread, especially among teenagers, SMS changed from a little-used niche service to a mass market moneymaker. According to the London office of U.S. tech consultancy Gartner, 167 billion SMS messages will be sent in Western Europe alone in 2003, which means €18 billion in turnover for mobile operators. With roughly 60% of Europe's 250 million mobile users able to use SMS, it's little wonder that the medium is being used...
...Case's timing was, in its way, exquisite. In these first trading weeks of the new year, Wall Street has given tech stocks a cautiously optimistic boost; analysts and investors, listening for the first footsteps of a recovery, are looking anew for winners in the post-bubble era. That we were no longer (or not yet) living in Steve Case's world of set-top universes and double-digit growth rates has been (painfully) obvious for two years. But somehow, it seemed important that Case, in deed if not in word, admit...
...There’s a sort of tech shortage, so it’s always a strain to get shows to be fully realized,” said Publicity Coordinator Michael M. Donahue...