Word: analysts
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...longer-range missiles "is a big deal because the Iranians are not known to follow the same logic as some of our other neighbors." President Clinton worried aloud that the Iranian missile "could change the regional-stability dynamics in the Middle East." What that means, says Ian Lesser, an analyst with the Rand Corp., is that in a future crisis, such allies as Saudi Arabia and Turkey won't be eager to join U.S.-led coalitions against Tehran if "all their population centers are open to Iranian retaliation...
...SMALL BEHAVIOR] Douses analyst Tim McCarver with ice water for criticizing...
...Flint, GM is trying to boost profit margins by outsourcing, a source of contention. But the company needs to make great leaps, not incremental steps. Analyst Stephen J. Girsky of Morgan Stanley Dean Witter estimates that to get into fighting shape, GM would have to close three assembly plants, eliminating as many as 34,500 blue-collar jobs. Try negotiating that. And the company needs to close about 2,300 dealerships...
...this year. (Netscape closed at $36 last Friday in the wake of rumors that a behemoth like Time Warner might make a bid for the company. Time Warner denied that it planned to do so.) "There's a lot of momentum buying right now," says Alan Braverman, an Internet analyst for Credit Suisse First Boston. "People go to [Internet] chat rooms" to talk about stocks. "The stock goes up, and they buy more of it." That's great for titans of the Internet. But many small investors are likely to head for the electronic exits once the momentum stops...
DEEP THOUGHTS With the President in China, Al Gore announced that a U.S. missile was fired at an Iraqi antiaircraft site. We asked Fox analyst Dick Morris how this might affect Campaign...