Word: teche
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...have seen the future of the American economy, and its name is NASDAQ. The tech-heavy stock index continued its surge into record territory Thursday morning, after Wednesday's historic breaking of the 4,000 barrier. And while the good new continued for the Dow and the S&P 500, both of which surged in the last trading session before Y2K, neither has been able to match the NASDAQ comebaq. That index's outperforming of both the Dow and the S&P may make 1999 the year tech stocks finally silenced their naysayers. "The NASDAQ represents the vanguard...
...clicks-and-mortar" approach to e-tailing. But Balter isn't expecting a watershed event. The company will improve its online operations, he says, "at a pace it feels it needs to go at to win--and it usually wins." Wal-Mart's loyal demographic--mainstream folks, not tech geeks--will be sidling up to spanking-new, sub-$500 PCs from Santa just as the new-and-improved wal-mart.com is making its debut. So Wal-Mart just might be their ride to the party...
...that an interstate full of delivery trucks will spell the death of your mall. "People will go shopping in stores as a social activity," predicts high-tech guru Esther Dyson, but "there may be a lot of showrooms and fewer places where you actually take things home." Should you buy off-line, automatic in-store bar-code scanning may make checkout lines a thing of the past...
...Mail regresses to old tech, can e-commerce really be that easy? With Case onboard, and TIME's Person of the Year issue to dangle before guests, I pursued a Noah's Ark theory of who else to invite: two members of Congress, two teachers, two candlestick makers. I warned everyone they would be TIME's guinea pigs. But when you're having Alan Greenspan to dinner, you realize the repercussions of a dyspeptic entree. Who wants to serve the meal that ends the longest economic expansion in peacetime history...
INVESTORS The '90s make '80s look like '30s. Who cares if it's all tech-driven frenzy? W&L is going public...