Word: analysts
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Dates: during 1990-1999
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NATO remains flummoxed by the limp Serbian air defense. The Pentagon suggests it signifies allied success in taking down the Serbian air-defenses, by attacks, jamming and corrupting data, which the allies have fed into Yugoslav computers through microwave transmissions. Pentagon analyst Franklin Spinney says Serbia's plan echoes its World War II tactics. The Germans sent 700,000 troops into Serbia but were unable to root Serbian partisans out despite four years of fierce fighting. "The Serbs are using their air-defense system as a quasi guerrilla force to capture the attention and distract the focus of NATO...
...other great winners are Europe's shareholders. As one analyst pointed out, no matter whether Olivetti or Telecom Italia's management prevails in their battle, Telecom's shareholders have already earned a nice premium. Europe's cosseted work force, on the other hand, has not yet fully come to grips with what those investment banking euphemisms like "synergies" and "restructuring" can mean. As their American union counterparts discovered a decade ago, mergers will make Europe's largest firms more efficient and competitive, but they will do so by shedding thousands of jobs. And in Europe, where unemployment levels are more...
...remember, many recent Internet IPO stars were companies with no earnings--think Marketwatch, theglobe.com and Geocities. IEG is already hugely profitable. If it were comparably valued, it would be worth hundreds of millions. "So far as whether it would be successful," says Gail Bronson, senior analyst at IPO Monitor, "you betcha. We're talking real revenue, real earnings, real product...
...some businesses that strategy works. But today's savvy Web consumers want more than just information; they want to buy things at the click of a mouse. "Brochure sites are dead," says Forrester Research Internet analyst Laurie Orlov. "If you want to move product, you have to have some form of e-commerce...
...start-ups to turn a profit--albeit a small one--on sales of $47 million last year. Since eBay acts as an intermediary with little or no overhead to cover, "consumer-to-consumer auctions can be like printing money," says Marc Johnson, senior analyst at Jupiter Communications. No wonder investors have valued the fledgling company at a monstrous $16 billion--nearly that of Sears, which has 872 times as much in sales ($41.3 billion...