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Moved PermanentlyMoved PermanentlyFortune Investor DataSo why were the markets ?- led by NASDAQ, which as an index of debt-heavy tech start-ups is especially sensitive to interest rates ?- on the uptick moments after that fateful "preempt" had passed Greenspan?s lips? Because he?s going to do it only once. "A quarter-point hike, which is really nominal, has already been factored in anyway," says Baumohl. "All this talk about preemption means there won?t be a series of hikes. Greenspan is still ahead of the curve." The idea of a preventative tweak ?- and this chairman?s impeccable record says...

Author: /time Magazine | Title: Greenspan Fiddles With the Volume Control | 6/17/1999 | See Source »

There's something so comfortably low-tech about radio -- it evokes vacuum tubes, wooden cabinets, old-time superheroes, the '50s. But it's the '90s now, and the race for the future of radio is as cutthroat as any other high-tech market. The prize? Dominance in the emerging field of satellite radio...

Author: /time Magazine | Title: The Race for the Future of Radio | 6/17/1999 | See Source »

...friends asked themselves three years ago. Sick of sitting on the sidelines of a raging bull market, watching individual stocks skyrocket as their mutual funds crawled along, Taylor's crew decided to take matters into their own hands. Pooling assets, they chose a diversified portfolio of tech, pharmaceutical and manufacturing stocks and have enjoyed 30% annual returns ever since. "We got tired of seeing fund managers getting rich and fees getting paid," says Taylor. "Mutual funds are for people who want to put their money into the market and just forget about...

Author: /time Magazine | Title: Mutual Fund Meltdown | 6/14/1999 | See Source »

Pirates tracks the rivalry between twin iconic weirdos: Jobs and Gates, temperamental opposites who shadow each other from their early days on the tech-conference fringe to the top of the NASDAQ charts. But the movie's focus is primarily on the turbulent Jobs, an adopted child who spends his life creating, and then rejecting, alternative identities, in true '60s seeker style. "One of the things that most fascinates me about him is his ability to blend Eastern philosophy with Western business techniques," says ER's Noah Wyle, who took the role after watching the PBS documentary Triumph...

Author: /time Magazine | Title: Television: The Way They Were | 6/14/1999 | See Source »

...Travel Club reports that 48% of families it surveyed like to pitch a tent as part of their vacation. Visits to national parks continue to rise, to a projected 295 million this year from 256 million in 1989. Besides the essentials, campers and hikers increasingly are packing such high-tech gizmos as night-vision goggles and hand-held global-positioning units that help Dad lead the way home without bread crumbs...

Author: /time Magazine | Title: Your Family: Jun. 14, 1999 | 6/14/1999 | See Source »

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