Cohen urges would-be bond buyers to proceed with caution, however, and avoid most telecom bonds, like those from WorldCom (nasdaq: WCOM - news - people ).

FORBES: Betting On Bonds Again

Picking up where its Beepwear line of watches that doubled as pagers left off, Timex has teamed up with pager giant Motorola (nyse: MOT - news - people) and pager service SkyTel , a unit of telecom giant WorldCom (nasdaq: WCOM - news - people).

FORBES: Ten O'Clock Tech: Webbing By Wrist