Word: cds
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...amply rewarded. "Measured against where all the money was 10 years ago--in banks--they've done great," says Robert Schmidt, president of Individual Investor Group, a financial-magazine publisher. He's right. Even bottom-tier funds in the '80s and '90s have been good enough to embarrass bank CDs, the likely repository for savings that aren't in stocks. Still, people left CDs for a reason. Having correctly made that tough decision years ago, they should not be grateful now for lackluster results. Even though their money on the whole has more than tripled in stock funds...
...known universe, as you might have heard, is going digital. LPs gave way to CDs. Direct satellite is eroding cable. But the TV you watch and the movies you rent are still grainy old analog formats crying out for replacement...
...next day I swang by Newbury ("Shop here, die happy") Comics on my way home from class. I circled the store twice, browsing the trendy t-shirts, the beatnik literature, the Pulp Fiction posters and, of course, the tons and tons of CDs. Rock, reggae, rap, folk, country, jazz, blues, classical, comedy, spoken word, soundtracks, compilations--yet amazingly, I couldn't find what I was looking...
...course, by the time we got back from winter vacation, the tree was long dead and had been cited as a fire hazard. Our hallmate had ripped down the jingle bell after being greeted with its high-pitched ringing one too many times. And my holiday CDs mysteriously disappeared, to the glee of all those around. A week into January, I decided there was definitely such as thing as too much holiday spirit...
...long ago, IBM and Blockbuster toyed with the idea of using digital-music files to generate in-store CDs tailored to customers' specific preferences--a practice already common in the piracy-friendly Third World. The industry didn't exactly welcome the plan with open arms. In fact, the big labels howled and threatened to withhold their hottest titles. IBM and Blockbuster quietly let the idea...