Word: techs
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Dates: during 1990-1999
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...talking about an hour to download a game over a 56K modem, so it's no easy task," says Kevin Hause, a gaming analyst with tech experts IDT. "But these games are expensive. Compared with MP3, the desire to do this is greater." And the opportunity, despite the risk of felony prosecution, is growing. Illegally copied games sites are proliferating so fast that stamping them out is akin to "playing wack-a-mole at the county fair," says Kathlene Karg, one of the IDSA investigators who raided McLaughlin's operation. Case in point: the IDSA managed to shut down...
...risk is that rates keep moving up, in which case stocks and bonds are vulnerable and your loan gets even more expensive. Rising rates smack growth stocks the hardest. So one hedge is to shift from stocks that typically trade at 30 to 70 times earnings (many tech stocks) to value stocks trading at far lower multiples. Those include small companies and dividend payers like utilities and real estate investment trusts. Then wait out the fever...
...Could a chicken farmers' conspiracy be lurking behind all this bio-tech talk? Evidently not, but it's the kind of mind-boggling possibility that genetic engineering seems to be raising constantly. Four legs instead of two, not to mention two additional juicy thighs. And who knows? Maybe a quadruple-breasted chicken is just around the corner...
...yield on turn-of-the-millennium Wall Street is like going to school with a KICK ME sign stuck to your back. You'll probably get pummeled. Investors want growth and capital gain. Period. That's apparent in today's fury to own money-losing, dividendless Internet and other tech stocks. Meanwhile, there is some question whether the rash of REITs will smooth the real estate cycle as advertised. The theory goes like this: with many real estate companies dependent on stock sales to fund projects, Wall Street becomes a long-sought governor over the industry. Just when there...
Instead of increasingly relying on high school dropouts, a senior lawmaker influential on military matters wants the Pentagon to consider enlisting the disabled. In today's increasingly tech-driven military, Representative DUNCAN HUNTER believes that many people with disabilities are well suited for the services' growing number of jobs sitting behind the console or at the computer. "If we don't start tapping that very important pool, we're not going to have enough soldiers, sailors, Marines and airmen to make our military run," says Hunter, a senior member of the House Armed Services Committee and a veteran...