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Word: teche (lookup in dictionary) (lookup stats)
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...goes, anyway: Give it up, Peter Lynch. This stuff about never having worked on a computer and wanting little to do with technology stocks is stale. Very stale. You've got good company in Warren Buffett, another totemic technophobe. And I'm not saying to load up exclusively on tech stocks. But it's plain silly to encourage plain folks to avoid them. They're not that difficult to understand. If you can figure out Maytag, you can handle Dell...

Author: /time Magazine | Title: Tech That, Peter | 11/29/1999 | See Source »

Whew! Any incoming? Taking on Lynch and Buffett at their own game is perilous sport. They're the nearest thing to omniscience Wall Street has to offer. But I've been thinking a lot about both men's no-tech dogma since last spring. That's when Buffett told thousands at Berkshire Hathaway's annual meeting cum Buffettfest that he won't buy tech stocks because he doesn't know how to value them, and Lynch glibly confessed to thousands more at a fund-industry conference that he doesn't know how to turn on a computer. Lynch's point...

Author: /time Magazine | Title: Tech That, Peter | 11/29/1999 | See Source »

...some things are worth knowing. The tech-laden NASDAQ index is up 50% this year. That's right, 50%, and it's not all that unusual. In successive years since the last recession (1991), the NASDAQ has risen 56.8%, 15.5%, 14.7%, fallen 3.2%, risen 39.9%, 22.7%, 21.6% and 39.6%. It has beaten the Standard & Poor's 500 six of the past nine years (including this...

Author: /time Magazine | Title: Tech That, Peter | 11/29/1999 | See Source »

Given a potentially world-changing new technology, what does your modern-day greedy capitalist do? Build a theme park! That Barnumesque observation (a tad dated in this age of tech multibillionaires) isn't the only thing that's overfamiliar in this dull time-travel tale from the author of Jurassic Park. Here, America's favorite didact is out to learn us a thing or two about quantum mechanics and taking history seriously. His highly educated, lightly characterized academic heroes get their soft hands roughed up battling 14th century knights rather than prehistoric raptors. Crichton has clearly learned from his best...

Author: /time Magazine | Title: Books: Timeline By Michael Crichton | 11/22/1999 | See Source »

Nintendo released the game but did not expect much from it. However, while the big electronic companies were giving up on Game Boy, Japanese boys were not. For them the games in the old technology were still affordable; the flashier and high-tech new models were out of reach. Kubo's publishing company did the math and decided to back Pokemon, coming out with a line of comic books that included the first trading cards as giveaways. While best-selling games like Final Fantasy grabbed the top slot for a couple of dramatic months and then faded, Pokemon sales grew...

Author: /time Magazine | Title: Beware of the Poke Mania | 11/22/1999 | See Source »

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