Word: analysts
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...bolster a planned discrimination lawsuit. Yet last week the New York district attorney's office dropped the charges after discovering that just days after Curry's arrest, Morgan Stanley officials had paid $10,000 to an informant working with the same undercover police who busted the young analyst...
Welcome to Troubleland. Orlando, the mecca of mega theme parks, may have too much of a great thing. With seven large parks on the ground and more on the way, industry analysts are issuing dire warnings: "Orlando is now a zero-sum game," says Curt Alexander, an analyst with Media Group Research. "There will be bloodletting of biblical proportions." The theme-park glut promises bargains for consumers but a brutal shakeout that could pound the earnings of park owners Disney, Seagram (Universal) and Anheuser-Busch (Busch Gardens, Sea World...
Rocket scientists and Wall Street analysts characterized the catastrophes as a spectacular run of bad luck. But the losses--the launch vehicles and the satellites they were carrying cost at least $3.5 billion--come at a time when the industry is simultaneously consolidating, introducing new technology and trying to boost the number of annual launches to meet rising demand. That's not a prescription for smooth sailing. "It could be a string of bad luck," says Pierre Chao, an analyst for Morgan Stanley Dean Witter. "Or they are doing so many launches that something slipped...
...space stations. Another problem may be brain drain. As the wizened engineers who first got the country into space have retired--or been downsized--they've often been replaced by younger, lower-cost ones. "Lockheed-Martin has been stitched together like Frankenstein's monster," says John Pike, an analyst at the Federation of American Scientists. "[This has] got to raise questions about corners being...
...suffers, the U.S. share of the launch market looks shakier still. In the 1980s, the U.S. controlled 75% of the world's commercial-launch business; that figure is now about 45%, with new competitors on the horizon. "Until Lockheed and Boeing sort out the glitches," warns Marco Caceres, an analyst for the Teal Group in Fairfax, Va., "they are not going to compete...