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But in its annual forecast, IDC also pointed out competition in the market is increasingly fierce however, required the companyto develop a new model for moving information from the As part of its announcement, Palm Computing introduced technology it calls “Web clipping.” The technique is a wayof extract- Franklin anticipates adding the Palm VII to its product offerings, said Todd Simons, director of mation from Web sites while also eliminating extraneous informa- pany’ technologygroup. “We're always happyto see the ing specific sets of needed infor- tion served up by regular Web browsing. ‘Twenty-two providers of Internet content, including US West Dex, The Weather Channel, E*Trade, Travelocity, Ticketmas- ter and USA Today, on Wednes- veloped for Microsoft Corp.'s Windows CEplatform, and other Palm-like alternatives. “Vendors needto be aggressive tion on their sites available for accessible to Palm VII users. lessly to capture significant it’s importantfor us to be part of daysaid theywill make informaWebclippingsoit will be easily and execute their strategy flaw- “We expect the market for this type of product to explode, and pieces of the market,” said Diana Hwang, an IDC analyst. business development for US Palm Computingbelieves Inter- net accessis increasingly important to mobile professionals, Rob- erts said ‘They include Franklin Covey said. as more vendorsintroduce smart phones, hand-held appliances de- opers who makesoftware and accessories for the Palm platform. Co. of West Valley City, which sells its own versions of Palm products equipped with timemanagementand scheduling soft- it,” said Chad Roffers, director of West Dex, a publisher of Internet Yellow Pages. The new product announcement was well-received by devel- ware. sales and marketing for the com- platform becomericher and bet- @ Paystateor local taxesin advance, including property taxes. @ Pay January mortgagebills a few days early and make surethe er a net capitalgain or loss is projected. Taxes are imposed on net gains, but a deduction of up to $3,000 is permitted for a net loss — meaning an investor may want to unload some poorly performing stocks at a loss to reach the checkis dated in December. @ Delay investing in a mutual fund, because taxable distribu- maximum. tions are typically made in December. “It makes sense, if that is your investment philosophy, to go ahead andsell those dogs,’ Gardnersaid. One other way to reduce long- @ Pay outstanding medicalbills early; these expenses are only de- ductible above 7.5 percent of adjusted gross income. term tax liability, particularly in- Pay 1999 duesto professional organizationsin 1998. heritance taxes, is to give away money. The law allows tax-free Forinvestors,the key is wheth- ter becauseit extends the market- place for everyone,”he said. pe of up to $10,000 eachyear to n unlimited number of people. “For somebody who can afford to give away money, it is a good pe to start your estate planning early,” Gardnersaid. oe cautionary note on deductions: too many could trigger the alternative minimum tax, whichis intended to ensurethat higher-income taxpayers payat least some tax but can trap others who have tax shelters. The alternative tax often is higher than regular taxes, and a local IRSoffice or tax professional can provide details. 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