Word: teche
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...Wall Street how bad things have been lately and how much better or worse they?re going to get. Among them: some telecom (Verizon), some energy (Williams, PG&E, Aon, Royal Dutch Petroleum), some grub (Tyson, Wendy?s, Del Monte Foods), some health care (Humana, Cardinal Health) and some tech (Scient, Applied Microsystems, Priceline.com). Thursday, the 23rd San Francisco Money Show opens by the Bay, and Logitech International - remember when everybody was doing this? - splits its stock...
...That bit of dot-com nostalgia, however, pales in comparison to last week?s dose, in which JDS Uniphase, highest-flying of the tech-infrastructure high-flyers, reported that it had lost about $50 billion in Q2. As the NYT editorial page was stirred to note Sunday, that "may be the biggest loss in corporate history...
Long before hiking clothes became cool mall duds, TIME hailed the joys of the great outdoors. Even in 1961, CAMPING was becoming chic and high tech...
...lethal (see graphic). Studies show some sharks can measure changes in electric currents as tiny as five-billionths of a volt. They use this ability to hunt for prey hidden under the sand and to navigate according to the earth's magnetic field. "They are like some high-tech AWACS thing, with all their sensors," says Sean Van Sommeran, executive director of the Pelagic Shark Research Foundation in Santa Cruz, Calif. When they do attack a human, the weight of evidence now suggests, they have mistaken a person for a seal or some other prey, and most often will spit...
...part, the investor says, by following Blodget's advice. Merrill says there is no mention of Blodget in the settlement, and it merely wanted to avoid arbitration expense. In any event, the settlement was considerable: $400,000. Although most arbitration cases lack precedential value, you can imagine that tech-IPO underwriters will be hearing from lawyers for other investors who lost bundles...