Word: teche
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...Internet stocks) was merged into the Mid Cap Growth fund, concentrated in health care and consumer services. Although the new fund has the same manager, a Berger spokesman says it is less aggressive. That might suit you just fine. Or you may not want to sell out of tech at what may be the sector's bottom. Either way, examine whether a new fund upsets your allocation of assets among industries and among large, midsize, small and foreign stocks. Don't let the fund industry's urge to merge mess up your diversification...
...logo redesign). Made by private companies like Falcon Northwest, based in Ashland, Ore., and Alienware in Miami, gaming computers are custom assembled and can be personalized with neon lights and just about any graphic that can be baked onto aluminum. Gaming-PC companies are also known for superior tech support and customer service. Prices range from...
...plenty of company. Using cheap debt and inflated equity as currency, scores of firms expanded internationally during the go-go 1990s--not just through exporting, but by making direct foreign investments--and lost big. From tech (Gateway Computer) to financial services (Merrill Lynch) to media (Vivendi Universal) to energy (TXU and others), many firms are scrambling to restore their balance sheets after disastrous foreign campaigns. Partly as a consequence, U.S. foreign direct investment was down 55% in the first half of this year compared with the same period in 1999, when it peaked at $175 billion for the year...
INTERVIEW Low tech but crucial, interviews with Iraqi officials, scientists and defectors may help U.N. investigators glean important information about the development of Saddam's weapons programs...
...more frigid than it was just a few years ago. In 2000, when wireless mania was at its apex, everyone thought consumers were dying for high-speed networks and mobile phones that could stream video calls, download movie clips and access online game networks. Caught up in the high-tech hype, mobile carriers rushed into the future, spending a now seemingly absurd $89.5 billion on 3G licenses in Europe alone...