Electronic mail takes hold in national forests
Forest Service connects about 900 ranger stations to an electronic mail system allowing rangers in Montana to exchange messages for orders, tracking wolves, and fire news. Email, used widely from Antarctica to World Bank operations, is seen as the future fabric of business communications.
MENTIONED IN THIS ARTICLE
Butte
Beaverhead
Montana
U.S. Forest Service
Antarctica
World Bank
Computer Inc
Timothy Bajarin
Creative
Lump Sum Retirement Distributions and Smart Ways to Use Them
A New York AP piece explains how a lump sum from a retirement plan can be life changing yet risky. It outlines tax consequences and urges prudent use for long term wealth, with Scudder Stevens & Clark noting it may be among the largest sums ever managed. The example traces a 100,000 401(k) payout from a job change and cautions against poor uses such as a world trip, emphasizing tax drain and future security.
MENTIONED IN THIS ARTICLE
New York
Scudder, Stevens & Clark
Sam
Dollar cost averaging urged for small investors
Savvy investors and mutual funds tout dollar cost averaging as a method to blunt losses during market swings. Chicago fund managers explain buying fixed sums at regular intervals, even as prices fall, with endorsements from Janus, Stein Roe, and others. Analysts stress the approach suits long horizons and diversified funds, with automatic $50 monthly plans offered to enable steady investing.
MENTIONED IN THIS ARTICLE
Chicago
Claireen Herting
Coopers & Lybrand
Kuwait
Herting
James D. Winship
Stein Roe Mutual Funds
Jack R. Thompson
Janus Capital Corp
Janus
Stein Roe
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