Misery may love company, but this was ridiculous. More than a
million IBM stockholders last week took a nightmare ride on a stock they
had long trusted. IBM had been sliding all year, recent hitting 10-year 【M1】________
lows. But after the company announced Tuesday that it would, among
other things, slash another 25,000 jobs, the stock took a historic rise. 【M2】________
In 48 hours, it lost 11 points, or almost 18 percent of its value, closing
Wednesday at 517/s. On Friday it hit other new low. Big Board officials 【M3】________
camped out on the exchange floor to prevent chaotic, and brokers 【M4】________
fielded frantic calls from investors in various stages of disbelief and
agony. “They’re screaming and hollering,” said Carol Komskis of York
Securities. “They are saying, ’Things like this just don’t happen in
America. ’” Even worse news could come: IBM warned that it may have
to cut its dividend.
Stock prices that rise and fall are anything new; that’s what makes a 【M5】_________
market. But Big Blue had always epitomized the blue-chip stock that you
could count on to send the kids to college or help you retire in the style. 【M6】_________
Some investors may be in blissful ignorant; pension funds across the 【M7】_________
country are heavily investing in IBM. (The New York state employee 【M8】_________
pension funds lonely hold 3. 6 million shares.) But the charm of stocks 【M9】_________
such as IBM, General Motors and Westinghouse was that you could feel
secure in buying them even you did not know “earnings” from your 【M10】________
elbow. Such stock made generations of Americans faithful capitalists.
“This was the kind of stock that created wealth for a lot of people in this
country,” says Jonathan Pond, a Boston-based financial counselor and
author.
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Bill Gates may be one of the smartest guys in the country, but even
he’s annoyed at having to remember a lot of personal passwords for
activities like withdrawing money and going online. He also thinks
they’re secure. At last week’s Comdex computer convention in Las 【M1】__________
Vegas, the Microsoft CEO railed the password as a “weak link”. One of 【M2】__________
his proposed solutions are biometrics, the measuring of unique 【M3】__________
characteristics like the fingerprint and the iris of the eye for the
purpose of verifying identification. 【M4】__________
That delighted about the dozen or so companies that brought biometric 【M5】__________
technology to Comdex. Mostly start-ups, they came to Vegas shopping
schemes to identify you in your hands, your eyes, your voice, even the 【M6】__________
way you type. “We want to see a biometrics row in every CompUSA,
right next to joysticks and printers,” says Kevin Corson of True Touch,
a maker of software that works with various forms of the technology.
Comdex attendants eagerly lined on at the counter of IriScan, a 【M7】_________
firm based in Marlton, N. J. , to hold a scanner—it looked a bit like a
hair dryer—about three inches from their eyes. The device works by
taking a video image of the iris, breaking the image into circular
frameworks and analyzed the unique patterns within each area. The 【M8】_________
company says there’s only a l-in-1078 chances that two people’s irises 【M9】_________
will match in its system.
A company called Identicator, in San Bruno, Calif. , is aiming a
little lower—at your forefingers. The company licenses its scanners to
Compaq and other companies, which combine them with keyboards and
mouses or sell them as $ 100 stand-alone units that you can put into your 【M10】_________
computer.
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Language and culture are not fundamentally inseparable. At the
most basic level, language is a method of expressing ideas. That is,
language is communication; when usually verbal, language can also be 【M1】_________
visual (via signs and symbols), or semiotics (via hand or body gestures).
Culture, on the other hand, is a special set of ideas, practices, customs 【M2】_________
and beliefs which make up a functioning society as distinct.
A culture must have at most one language, which it uses as a distinct 【M3】_________
media of communication to convey its defining ideas, customs, beliefs, 【M4】_________
etc. , from one member of the culture to any member. Cultures can 【M5】_________
develop multiple languages, or “borrow” languages from other cultures
to use; not all such languages are co-equal in the culture. One of the
major defining characteristics of culture is which language is the primary 【M6】_________
means of communication in that culture; sociologists and anthropologists
draw lines among similar cultures heavily based on the prevalent 【M7】_________
language usage.
Languages, on the other hand, can be developed apart from its
originated culture. Certain language has scope for cross-cultural 【M8】_________
adaptations and communication, and may not actually be part of some 【M9】_________
culture. Additionally, many languages are used by different cultures
(that is, the same language can be used in several cultures).
Language is heavily influenced by culture—as cultures come out with 【M10】________
new ideas, they develop language components to express those ideas.
The reverse is also true: the limits of a language can define what is
expressible in a culture (that is, the limits of a language can prevent
certain concepts from being part of a culture).
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