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...lower than in India. Small wonder that many Indian merchants believe it's only a matter of time before they take over from Belgium's Hasidim as kingpins of the diamond business. Venus Jewel's S.P. Shah, diverting his eyes for a moment from his four closed-circuit TVs, acknowledges that his Belgian and Israeli rivals are among the world's best businessmen, but he adds: "We Indians are even better...

Author: /time Magazine | Title: Uncommon Brilliance | 4/12/2004 | See Source »

Since Gateway unleashed its $3,000 plasma television last year, flat-panel TVs have moved from high-end curiosity to hot item, taking the hype-drenched world of consumer electronics by surprise. The flat-screen sets are brightening the picture in surprising places in this hard-to-tune economy. Design buffs love their sleek, minimalist profile; videophiles love the stunning picture quality; and investors are finally finding a bright spot in the beleaguered tech sector. In 2003, sales of plasma flat-screen televisions, despite an average price tag more than 10 times that of a conventional TV, tripled...

Author: /time Magazine | Title: Plasma's Bright Future | 4/12/2004 | See Source »

...chapter in the ongoing love affair between Americans and their television sets," says Ross Rubin, director of industry analysis for NPD Techworld. The romance had been getting a little stale. Even as the number of channels has multiplied, the market for TV sets has been stagnant, at about 2.4 TVs per household, for years. Now those pricey, sexy flat-screens are steadily replacing bulky conventional televisions. Unemployment be damned, Americans are trading...

Author: /time Magazine | Title: Plasma's Bright Future | 4/12/2004 | See Source »

Gateway's low-end plasma set, introduced in November 2002, put big-screen and flat TVs within reach for more middle-class families. Its $3,000 model is the leader in its category. "In mid-2002, we saw that the television market was becoming way more digital than analog," says Matt Milne, Gateway senior vice president for consumer products. By going to some of the same suppliers it uses for its PCs, the company slashed prices, and the rest of the industry scrambled to follow. The move could not save the ailing PC company's retail stores--188 will...

Author: /time Magazine | Title: Plasma's Bright Future | 4/12/2004 | See Source »

...portfolio managers, moderated by senior writer DANIEL KADLEC, to assess the state of our investments. Our panelists are stalwart long-term bulls on the global economy and believe job growth will return this year. There is wisdom in dividends, they say. And the best buys in flat-screen TVs are the stocks of companies that make them. For more on that, and other pearls, read...

Author: /time Magazine | Title: Investing: Riding Global Growth | 4/5/2004 | See Source »

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