Word: tech
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Dates: during 2000-2009
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Bill Gates always said the tech world meted out justice faster than the Justice Department ever could. Now AOL and computer maker Gateway are trying to prove him right. The online giant and the PC maker announced Tuesday that they had tapped privately held chip maker Transmeta - a good chunk is held by AOL and Gateway, actually - to use both its new Crusoe processors and an adaptation of the Linux operating system to power a new generation of Internet appliances. The strategy is part of "AOL Anywhere," and the deliciously timed announcement - don't think AOL boss Steve Case doesn...
...GIRL TECH LASER CHAT $15 Who says wireless has to cost a lot? Girls can beam brief voicecasts to one another up to 35 ft. apart...
...second group of critics who worry not that wireless won't live up to its promises but that it will. "Is it a major problem in our society that people walking down the street don't have Internet access?" asks Clifford Stoll, an astronomer and gadfly author (High Tech Heretic). "None of my friends are going around saying, 'Oh, my God, I don't have enough information.' Quite the opposite. People are saying, 'I'm flooded with this stuff...
Back in the 1940s, when plain old X rays were considered high tech, shoe salesclerks would often determine children's shoe size by X-raying their feet. Never mind that the same thing could have been done with a wooden ruler. Fluoroscopes, as the X-ray devices were called, were promoted as the scientific way to guarantee a proper fit. By the mid-1950s, however, it was clear that many fluoroscopes were badly maintained and ended up subjecting customers--not to mention salesclerks--to potentially dangerous amounts of radiation. Soon the machines were banned...
That's why you might consider selling some stocks to pay down debt. The stocks you keep should be diversified but tilted away from high-risk tech issues and toward reliable blue chips that earn good money in any economy. Food and drug stocks are examples. Beaten down cyclical stocks like airlines and advertising could run while rates are rising--so long as we don't fall into recession. Financial stocks will perk up as the rate increases come...