Word: supermarket
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Dates: during 1990-1999
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...irony that makes Gary Muller's financial troubles that much harder to bear. If the Iowa hog farmer were to hang out at a local supermarket, he might suspect that his business was thriving as never before. After all, there's no lack of customers buying pork chops or roasts for dinner; and in spite of the Asian economic woes that devastated most American farmers in 1998, pork exports keep on growing. But while Americans pay top dollar for their hams or BLTs, Muller and the rest of America's 115,000 hog farmers may as well give their animals...
Even more genetic gee-wizardry lies just down the road. Using biochips--thumbnail-size pieces of material imprinted with hundreds of different DNA probes--scientists should be able to identify genetic errors almost as quickly as a supermarket scanner prices a load of groceries. In some systems, the probes use different fluorescent dyes that glow under laser light when they hook up with target genes, allowing sensors to tabulate the results automatically. Genetic researchers are already talking about using "FISH [for fluorescent in-situ hybridization] and chips," as they whimsically call these new tools, to look for any number...
...what does America owe its prosperity? Why are so many more Angolan girls malnourished and so many more Bolivians homeless than are Americans? Precisely because the capitalist business system in America is well-designed and works efficiently. Joe goes to a supermarket in America, for a relatively low price buys vegetables in a tamperproof package with nutrition labels, comes home and pops it in his microwave and enjoys a healthy meal...
...have seen them at your local sandwich shop or supermarket: exotic-looking, oversize bottles and sleek cans with names like SoBe Wisdom, Fresh Samantha's Super Juice and Mystic Potions. Their labels are meant to suggest either New Age healing powers or the latest in scientific nutrition, and they carry prices to match: about $2 for 14 ounces of SoBe's latest line...
...real piece of the action, you will have to delve into some relatively small individual stocks. About two dozen trade publicly. I suggest at least one from each of three categories. That provides some modest diversification. You will also have a better chance of seeing a big drug or supermarket firm buy out your company at a premium. Here are the companies that Wall Street analysts are most bullish...