MAGNETIC DEVICE AND METHOD

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A magnetic device used as a bookmark and a nametag. The device includes a strip of sheet material including first, second, third and fourth panels folded along first, second and third fold lines. First and second magnets, preferably of the rare earth type, are secured between selected folded panels forming clamping jaws that fasten the device to a page in a book or to clothing. Selected printed indicia information on the panels may display advertising, business card information, use instructions, and appointments so the device may serve as both a bookmark and a nametag.