Word: analysts
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...Albuquerque, N.M., which has three decades of experience in locking down top-secret facilities that manufacture, transport and store nuclear weapons. Sandia started advising schools on security in 1991 after Congress ordered the labs to share the wealth of its technologies. Yet protecting a nuclear facility, says Sandia analyst Mary Green, is in some ways easier than securing a school. "Nuclear weapons usually stay where you put them," she says. "They don't have a lot of civil rights, and they rarely stick six of their friends into their Camaro to go eat lunch at Taco Bell...
Moscow has more than 5,000 federal soldiers in Dagestan, along with nearly 300 pieces of armor, 50 pieces of heavy artillery, and 30 Grad missile launchers. "This force is as formidable as it is mismanaged," comments retired Colonel Victor Baranets, a military analyst. Says an eyewitness: "The troops have neither maps nor communication. They wear broken boots and mended fatigues. They don't have warm clothes or hot food...
Lacking earnings or some template for a profitable Internet business, that's the kind of analysis Net investors rely on. As a result, "these stocks trade on emotion, not fundamentals," says Lise Buyer, an analyst at CS First Boston. "Right now there is a significant amount of emotional fatigue...
...selling over? No one knows. "On a valuation basis, there's still plenty of downside left," warns Henry Blodgett, a Merrill Lynch analyst. His main concern is that the explosive growth in the numbers of people going online for the first time is reaching an end. Roughly half the U.S. population is already there, so new users can't keep doubling each year. In fact, the Net selling began just as April data showed month-to-month new users and hours logged on flattening...
Michael Graham, analyst at BankBoston Robertson Stephens, believes the recent carnage has created some no-brainer bargains. He sees Amazon.com as one of those. The 35 biggest traditional retailers have a market value of $630 billion, he says, while the 32 biggest online retailers have a market value of just $53 billion. Graham says that in time those numbers must converge because the online companies are taking business from their bricks-and-mortar competition...