Word: barneys
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...propel a technology-stock boom that some investors believe is due for a bust. Mutual funds that invest solely in computer and electronics companies have enjoyed returns of as much as 50% to 70% so far this year. But the sound of bursting bubbles echoed last week after Smith Barney technology analyst Jonathan Cohen questioned the high prices of some of the most speculative offerings on the NASDAQ exchange. Netscape, which traded as high as 161 that day, fell 28 3/4 points when Smith Barney said the Internet software company was probably worth 55 a share at most, labeled...
...contain the late-20th century's most terrible epidemic. For in addition to explaining why this small group of people infected with HIV has not become sick, the discovery of a viral strain that works like a vaccine would have far-reaching implications. "What these results suggest," says Dr. Barney Graham of Vanderbilt University, "is that HIV is vulnerable and that it is possible to stimulate effective immunity against...
...most critical issues is that many adults are abdicating their responsibilities," Canada said. "They send [children] off in the morning with Barney, which is not adequate when the children are entering a war zone...
Fishy or not, the Baby Bells have outmaneuvered the long-distance carriers at nearly every turn. "There's nothing in the House or Senate bills for the long-distance companies," says Charles Schelke, who follows the telecommunications industry for the investment firm Smith Barney. Part of the reason, he says, is that the Bells had "a much easier sales job because their approach has been, 'We should be allowed to get into everybody else's market at the same time our markets are opened.' That was intuitively attractive and reasonable...
...important way, the Baby Bells need the federal legislation for their long-term financial health. Says Schelke of Smith Barney: "The states are working to require the Bells to open up their local networks, and the Bells clearly will lose market share as that happens. Long-distance would be the obvious immediate offset." Already, dozens of firms known as "competitive access providers" deliver local voice-and-data transmission services to businesses, linking them to long-distance lines in competition with the Bells. Some of these newcomers have deep pockets. Teleport Communications Group, which operates in 37 markets, is owned...