Word: teche
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COLLABORATIVE COMPUTING PC Teamwork Get your PC to do something useful in its spare time - like help find a cure for cancer. A collaborative effort by Oxford University, Intel and U.S. tech firm United Devices - billed as the largest computational chemistry project ever undertaken - will harness the unused power of millions of PCs around the world to screen molecules for cancer-fighting potential. You can enlist your PC and download the necessary software at www.ud.com...
...dire consequences of a stock market decline apply to particular sectors of the economy and the Square is not high-tech sensitive," Laibson says. "It's mostly a destination for students and tourists and I don't think Harvard students are in the hardest hit group...
...foundation that would create the world's premier online university. That was shortly before the software company stunned Wall Street by restating its revenues for the previous two years--a shock that caused the company's stock to plunge more than 60% in a single day. Throw in the tech sell-off, and last week MicroStrategy shares that had traded for more than $225 a year ago closed at $2.88. Saylor's personal holdings, which had stood at $9.9 billion, are now worth a mere $126 million...
...across the U.S., high-tech givers have been scaling back. eBay vice president Jeff Skoll, who commands a $2.1 billion net worth, pared his contributions from $47.5 million in 1999 to a still hefty $39 million in 2000. The cutbacks came as eBay's stock lost more than 70% of its value last year. At Kana Communications, a troubled software maker whose shares have fallen more than 98% from their 52-week high, the $1 million worth of stock that vice president Michael Wolfe pledged to Stanford a year ago nearly evaporated. By the time the school received and sold...
...better than no cushion. And small-cap foreign stocks give you the most protection. Over the past three years, their correlation with U.S. stocks has been just .57. And remember that market relationships constantly shift. High correlations don't have to stay that way. Now that the global tech bubble has burst, different stock groups may emerge as leaders in different regions. Which makes now a fine time to buy a good foreign small-cap fund, such as T. Rowe Price International Discovery or Wanger International Small Cap. On Wall Street, once a theory gets popular, it's time...