Word: whether
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Dates: during 1990-1999
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These newbies, who have seen the 20- and 30-fold moves of stocks like Amazon and Yahoo, think the danger lies in sitting out these moves in the Pepsis and Mercks. And who is to blame them? Lately I have come to wonder whether the risk-reward parameters I cut my teeth on are as out of date as those of my parents' generation, which saw utilities as safe, conservative growth vehicles that would leave hefty rewards for their children. They didn't. At what point, after how many new fortunes, can we proclaim the old paradigm of stock risk...
...high-speed access, say industry analysts, will be what really drives consumer demand. New York research firm Jupiter Communications predicts that one-fifth of American homes will have a digital subscriber line, cable modem and other high-speed pipe by 2002. You can bet that everyone in those homes--whether they like to play games, shop, chat, or trade stocks online--will want to share the big bandwidth...
...Whether you're a fan of his work or consider him a little too gauche, you can't deny that Bill Gates likes to use broad brush strokes. Business @ the Speed of Thought is full of them: How he turned Microsoft around like a supertanker on a dime and pointed it toward the Internet in late 1995. How a plague of paper records at his Redmond, Wash., headquarters was all but eradicated under his guidance. And so on. But the boldest, broadest stroke of all is this: at a time when the Justice Department appears likely to pop the software...
...rival Cyrix, and most recently a California man, David Kern, was charged with stealing engineering secrets from his former employer, Varian Associates, a leading Silicon Valley maker of radiotherapy systems used to treat cancer. For more than a year, a federal grand jury has reportedly been looking into whether a subsidiary of financial-information giant Reuters was involved in an attempt to steal data from rival Bloomberg (Reuters says it is cooperating and denies any wrongdoing...
...gasoline may soon rise a few cents per gal., the world is still awash in oil. And there's not much that OPEC can do about it. (The latest spot price of Saudi Arabian light is also starting to rebound, at $9.96.) Indeed, traders are watching to see whether OPEC, which has been unable to police its members in the past, can deliver the promised reductions when it meets on March 23 in Vienna. "Oil exporters are trying to build an emergency bridge to the 21st century," explains Daniel Yergin, chairman of Cambridge Energy Research Associates. "If OPEC...