Word: stocking
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Dates: during 2000-2000
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YOUR INVESTMENTS As the stock market gyrates, we're paying closer attention to our portfolios...
...collapse of these new-economy stocks is both a predictable and rational phase of economic development--though it may not feel so rational if you've been burned by them. Launching a dotcom company in recent years has been a bit like getting a license to collect money. Venture capitalists showered you with cash, and Wall Street snapped up your stock at five or 10 times the offering price--sometimes all in the same day--in the hope that you would soon become the next Intel or Microsoft. That money was a magnet for executives of boring old-economy companies...
...does the market really matter? Karl has one message--Suck it up--and two themes. Theme No. 1: Everything Is Different. The NASDAQ's woes don't affect us directly--we don't have a steady supply of paper clips yet, let alone public stock--but our industry's free ride is clearly over. The men are about to be separated from the boys, the wheat from the chaff, the Yahoos from the yahoos. And--oh, my, Greenspan--we can't go public at the drop of a business plan anymore. "It's going to be much harder under these...
...features like instant messaging, an automatic language translator and an all-in-one mailbox that lets you view your AOL and Web mail in one place. But the coolest feature is My Sidebar, a window that opens next to the browser to give you a quick view of your stock portfolio, customized news and weather. The browser will also be included in AOL's upcoming web appliances...
...stock prices of many of last year's dot-com darlings are down as much as ninety percent. The gyrations of the markets may seem like a distraction from day-to-day business, but that's not the case in the New Economy, where stock is the main currency for compensating staff and consolidating competitors...