Word: welled
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Dates: during 1990-1999
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Consider Carol Sangster of Edmonton, Canada, who seven years ago had to quit her job as an engineering clerk at Canadian National Railways because she was struggling with systemic lupus and diabetes. For several years, she fought for her life. In time she partially recovered. "I became well enough to be bored," she says. Then, 18 months ago, she discovered eBay...
...their travels over the years, she and her husband had acquired acres of stuff. She started posting lots of it for auction. When she was well enough, she began attending public auctions and buying up lots. Today she tests her strength, challenging herself with eBay, working as much as her illness allows. "For me," she says, "it wasn't the sale. It was being part of something again. It was the contact with people. I guess I used it to make me feel better...
Attacking from the Internet is Amazon.com the Web superstore that began selling toys this summer and plans to do to eToys what it did to CDnow in the online music business--knock it out of the top spot. Attacking from the street as well as from cyberspace are the classic "bricks-and-mortar" retailers Toys "R" Us and KB Toys, which were written off as Net players after the last holiday season but this year have developed online offshoots...
...counterattack is well under way and gathering momentum. Traditional merchants have taken heart from, of all places, Charles Schwab, which has broken down the walls between its off-line brokerage business (with 335 retail locations) and Schwab.com its online business. Schwab had to be spry enough to devise cross-channel pricing for stock trades; allow account access via the Web, telephone and in person; and create advertising that speaks to the Web savvy as well as the Net illiterate. The result: over the past two years, Schwab has emerged as the best-positioned retail brokerage, with more than $628 billion...
This is what it's like being Jesse Ventura at the millennium: you're always being dragged into the ring--by reporters, by opponents and by yourself. You're the Governor of Minnesota, and what you most want to do is, well, govern Minnesota. You've got plans: you want to raise hunting license fees and use the money to protect wildlife habitats. You want more state services available on the Internet. You want to abolish the two-house state legislature and replace it with a single house. And yet there are these distractions. You go to a Timberwolves game...