Word: analysts
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...weeks, it was still greeted with wonder. "It's breathtaking," said Charles W. Freeman Jr., a former U.S. diplomat. "Nothing on that scale has ever been attempted." Others saw the change as a risky move. "Jiang is doing what Deng did not dare do," says a Chinese political analyst in Beijing. "He's putting the bankrupt state sector on the block even at the risk of social instability...
...year ago, hit a high of $80.50 this week. Even at a perilous 80 times projected 1998 earnings, it will beat the market, think Wall Street pros. "AOL has won the battle to become the No. 1 brand in home online access," says Keith Benjamin, an analyst at Robertson Stephens...
...Internet. That's why WorldCom agreed to pay $1.2 billion for CompuServe and then traded that company's consumer subscribers to AOL in exchange for ANS, AOL's own networking and Internet-access division. "What they're trying to do is just incredible," says Steve Koppman, a senior analyst for Northern Business Information, a market-research group. "WorldCom is the communications company of the future...
...rapid-fire, which may lead to yet another conclusion. The Dow rose or fell at least 1% on seven of 10 consecutive trading days at the end of August. Such strings of volatile trading days have been rare, occurring roughly 20 times since 1950, says Alan Shaw, chief technical analyst at Smith Barney. The clusters have overwhelmingly been closer to the start than the end of long rallies. "It's a wives' tale that this volatility is a precursor of some negative move," Shaw says. A streak of volatile prices last occurred late in 1990, which was the start...
...derided the very notion of national examinations, claiming they violate a cherished American ideal of local-school control. Worse, they warned, the national tests would lead to homogenized classroom curriculums and ultimately to federal educrats wresting control of American classrooms from parents, teachers and students. Says Jennifer Marshall, an analyst with the Family Research Council: "We don't think there is such a thing as a good federal test...