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...fund industry is praying that the online trading boom and focus on just a few stocks (America Online, Amazon, eBay, Yahoo, Cisco) is a short-term phenomenon, the sign of a cyclical market that has got out of hand, rather than a fundamental, long-term shift. "It's based on a false sense of empowerment," claims funds watcher Avi Nachmany of Strategic Insight. Once the narrow bull market calms down, or broadens to include harder-to-choose value and small-cap stocks (as it appears to have done of late), Nachmany and others argue, investors will rush back...

Author: /time Magazine | Title: Mutual Fund Meltdown | 6/14/1999 | See Source »

...taking an extended leave of absence. It's not clear that he's headed for a Net newcomer, but that's exactly what others before him have done. Last summer Peter Neupert, one of Microsoft's biggest new media advocates, left to run Drugstore.com, a site now backed by Amazon. MORE...

Author: /time Magazine | Title: Internet Brain Drain | 6/9/1999 | See Source »

...Homegrocer.com was founded only last year, and is funded with money from Kleiner Perkins Caufield & Byers, the same venture capital firm that helped launch big Internet brands such as Amazon, Excite and At Home. Last month former Netscape chief executive James Barksdale invested some $5 million in the privately held online grocery company. MORE...

Author: /time Magazine | Title: Amazon Invests in Home-Delivery Grocer | 5/18/1999 | See Source »

Darger's 19,000 pages would be a tempting companion to Girls on the Run, but neither HOLLIS nor Amazon seems to have heard of it, and his delicious piece on Ashbery's cover is credited to a gallery in Lausanne. Still, on its own pre-pubescent feet Girls on the Run is a wonder, combining dead-pan modernist language with the poignancy of a concrete burn on a Sunday afternoon. Reading the entire 55-page poem through is akin to sitting through a ten hour film, and Girls on the Run features an additional hypnotism in the person...

Author: By Benjamin E. Lytal, CRIMSON STAFF WRITER | Title: Wannabe Jabberwocky | 4/30/1999 | See Source »

...HAVE A DREAM A change of mind-set may be all that stands between humanity and a healthy environment, according to the Dream Change Coalition www.dreamchange.org) The site invites visitors to join trips (real, not virtual) into the Amazon and the Himalayas to learn about eco-concepts known as dream changing and psychonavigation. "Earth-honoring changes in consciousness," says the coalition, are what's needed to put the planet on a path toward environmental and social balance...

Author: /time Magazine | Title: CLICK HERE: The Web's Wild World | 4/26/1999 | See Source »

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