ONE IDEA.Name: Larry Smith
Home: Tarzana Age: 64 Occupation: Remodeler One idea: Smith bought 500 shares of Sasol Ltd. for $32 apiece a·piece adv. To or for each one; each: There is enough bread for everyone to have two slices apiece. [Middle English a pece : a, a; see a six months ago. Sasol is a South African company that converts natural gas and coal into fuel oil. It's also the shirt sponsor of the Springboks, the South African national rugby team. Quote: "Sasol has been doing it for about 40 years, and now it's becoming economically feasible. It's competitive and even cleaner than regular gasoline, and now they're starting to license. It also pays a 2.5 percent dividend." Ticker ticker An automated quotation system on which security transactions are reported after they occur on an exchange floor. Even though the newer systems are electronic and no longer actually tick, the name of the old mechanical device has stuck. : SSL (Secure Sockets Layer) The leading security protocol on the Internet. Developed by Netscape, SSL is widely used to do two things: to validate the identity of a Web site and to create an encrypted connection for sending credit card and other personal data. Friday's close: $39.39 |
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