Word: analysts
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...Christmas season fast approaches, dot.coms flush with cash from their stock-market offerings, are pumping money into old media and stretching the creative limits of Madison Avenue. "If you don't gain market share now, you're never going to get it," says analyst Henry Blodgett of Merrill Lynch. By the end of this year, e-commerce companies will shell out $2.5 billion on traditional advertising, according to PaineWebber. That may be just a fraction of the $80 billion U.S. ad market, but it's four times what Net firms spent in 1998. For the moment, dot.coms are actually spending...
...Berkshire in startling fashion. The company's vaunted stock portfolio accounts for just 33% of Berkshire's total assets. As recently as 1995, the stocks accounted for a whopping 76% of assets. "To keep thinking of Berkshire as a big stock fund is absurd," asserts Alice Schroeder, an insurance analyst at PaineWebber. She began covering the company this year, underscoring Berkshire's insurance bent...
Psychiatrists determined that Matt was suffering from both manic and severe depression. His daily medication is a cocktail that includes Celexa, lithium, Risperidal, vitamin E and caffeine. Because it left him so exhausted, Janet--an insurance analyst who divorced Matt's father six years ago--cut trazodone from the mix. She keeps most of the medicine hidden because she fears that Matt may try to overdose...
...lawyer, Dick Harpootlian, contends that the treatment she received was gender-specific, such as having her shirt set on fire so cadets could see her bra and having nail polish smeared on her body. "This is uncharted territory in gender discrimination law," says TIME senior reporter and legal analyst Alain Sanders, raising such questions as: Can the same action performed on a man and a woman be considered different under discrimination laws? And do military academies have the same standards as other colleges receiving funding from the federal government? This is one battle the Citadel wishes it didn?t have...
...chart is simple: Jonathan Ive runs the design group. Avi Tevanian runs software. Jon Rubinstein runs engineering. Tim Cook runs manufacturing. And senior vice president of worldwide sales Mitch Mandich--perhaps the company's true secret weapon--pulls it all together. Result? Apple, according to Charles Wolf, a senior analyst at Warburg, Dillon Read, has become a model of manufacturing efficiency, reducing inventory from $2 billion in early '96 to $17 million today...