Word: analysts
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Dates: during 1990-1999
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...stock began to move too, propelling Bezos' personal wealth into the tens of millions, then into the hundreds of millions. And then, when analyst Henry Blodget, now with Merrill Lynch, said he believed Amazon was a $400-a-share company, Bezos became another Rockefeller. As of last week, his shares were worth $10.5 billion...
...host of popular production websites have sprung up to showcase amateur movie shorts. All of which has led experts to believe we're in for a DV Christmas. "There's a demand for video editing among consumers if it can be done easily and elegantly," says Kevin Hause, an analyst at International Data Corp. "When you look at what that takes in terms of computer speed and power, we're there...
...gentrification of inner-city real estate, which has all but eliminated low-cost housing in recent years. In New York City, 216,000 households are on the waiting list for federally subsidized affordable housing. "It will take more than 50 years to empty that list," laments Patrick Markee, an analyst for the Coalition for the Homeless...
...October the board forced out CEO Martin Grass and announced that pretax profits for the past three years would be revised downward by $500 million. Then just before Thanksgiving, the chain's longtime auditor, KPMG, bolted after refusing to re-examine its client's books. Says Edward Comeau, an analyst at Donaldson, Lufkin & Jenrette: "This was a house of cards that just collapsed...
...behemoth before it was sold to Kroger earlier this year, knows fixing Rite Aid will be an uphill battle, so he's bringing three top lieutenants to help him. "Bob really cares about the customer, and that wasn't always an attitude that pervaded Rite Aid," says Meredith Adler, analyst at Lehman Bros. "He's a talented manager and a real straight shooter...