Word: teche
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Gary Ciuffetelli once scraped out a living in a machine shop, but now he's getting ready to "ride a wave," as they say at All-Tech Investment Group in Suffern, New York. Dressed in shorts and a T shirt, the 33-year-old trader stares at a computer screen linked to the National Association of Securities Dealers Automated Quotation System (NASDAQ), the world's second largest stock market after the New York Stock Exchange. Sensing that Lotus stock is starting to climb, Ciuffetelli tells an All-Tech clerk to buy 1,000 shares. The clerk presses a few buttons...
...Ciuffetelli and his fellow small traders, who hope to parlay tiny price ! fluctuations into handsome profits, All-Tech and dozens of similar firms have become Wall Street's version of off-track betting parlors. Visitors to the Suffern office find plumbers, bartenders, retirees and out-of-work lawyers crammed elbow to elbow in nine rooms filled with clerks, computer screens and high hopes. The screens show the various "bid" and "asked" prices offered by dozens of marketmakers -- firms such as Goldman Sachs and Morgan Stanley that deal in specific stocks...
...Bosnia, vs. 52% who said the U.S. has already done enough. For many Americans, the horror of Bosnia is a modern- day Holocaust that carries a moral obligation to intervene. Some Americans think the U.S. can do so at a low cost in lives, expecting the fast-acting, high-tech precision of the Gulf War. But many shudder and see the frustration of Vietnam, the years of domestic conflict and the long black slabs of the Vietnam Memorial engraved with 58,000 names...
...INTELLIGENCE IS MAKING A CRASH EFFORT TO discover the roots of an alleged plot to assassinate former President Bush during his triumphant visit to Kuwait last month. Kuwaiti officials have arrested 16 people, including 11 Iraqi nationals, and have seized high-tech equipment and hundreds of pounds of explosives. According to the Washington Post, Kuwaiti officials say three attempts were planned, first a remote-controlled car bomb set to detonate as Bush arrived at Kuwait City, a second car bomb near a theater where Bush received an honorary doctorate, and last, a suicide attack by a man wrapped in explosives...
...pours for you when she serves her apple pie. No wonder, then, that the ground seemed to tremble a bit in the nation's capital last week when the biotechnology industry faced off with consumer advocates over a matter of concern to every U.S. household: Do new high-tech production methods threaten the safety of American milk...