Word: teche
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...hear you scream - but they can figure out who you are and where you've been online. This comforts some and annoys others, and for the latter comes the Freedom system, the most comprehensive software package ever to limit the traceability of Internet usage. Produced by Montreal tech firm Zero-Knowledge Systems, the software has been long awaited by privacy advocates, and long dreaded by groups battling cyber-evils such as web-based child-porn rings. How it works: Surfers who purchase the $50 software are given five digital aliases. While web sites can normally trace a user's travel...
...Juarez cartel has risen faster than most tech stocks, thanks to the vision of its late founder, Amado Carrillo Fuentes, and the ruthlessness of his dumber but meaner younger brother Vicente. For a long time, Mexican criminals were simply subcontractors whom the Colombians paid a set fee, usually $1,500 to $2,000 per kilogram, to truck cocaine over the U.S. border and to warehouses in California or Texas. There, Cali cartel employees would reclaim the goods, move them to major retailing hubs like Manhattan and Los Angeles and wholesale them to distributors. The Colombians pocketed a chunk...
...could unravel if Y2Khaos really occurs, or if anything else for that matter ignites a panic. Can you say higher interest rates? But serious jitters seem a long shot. The market has already stood firm against three interest-rate hikes. As for Y2K, I believe the panic came when tech stocks hit the skids last summer. Done. Finito. The market is now looking well past the millennium, having got comfortable with the notion that it will pass with barely a sputter. For that and other reasons, this year's seasonal lift could be something special...
...market funds--$37 billion in October, the most since the Asian contagion--and flows into stock funds have been tepid. Y2K worrywarts, it seems, are hoarding more than bottled water and canned food. How should you invest? If Cleland is right, pent-up demand will lift everything, and popular tech stocks will get more popular. The traditional approach is through beaten-up small stocks, which may be coming into favor anyway. Salomon Smith Barney likes beaten-up big stocks, including Fluor, H&R Block and Hasbro. You've got choices. The first one, though, is to be invested...
Then I noticed that Eddie's sign doesn't have a space for a third digit, which must have prevented Eddie from rolling past 99 because of this low-tech Y2K problem. It seems corporate behemoths actually aren't all that well structured. I work for a corporation with a market capitalization larger than McDonald's, and our television reviewer still can't get free Time Warner cable service. Maybe it's a miracle that the global community is working at all. Even so, I'm still going to dress like a sea turtle. But I'm going to continue...