Word: bullish
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Dates: during 1990-1999
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...losing interest, lottery ticket sales are flat for the first time in three decades, and expansion was a nonstarter in several state ballot boxes last November. Even the gambling mecca itself, Las Vegas, is trying to remake itself as a "family" destination. One area where analysts are still bullish: Indian casinos. The success of the Mohegan Sun and Foxwoods Casinos in Connecticut has Merrill Lynch calling the state "the hottest gambling market in the country." But attempts by the federal government to regulate gambling on Indian lands are likely to result in fierce opposition. In fact...
Three men--Andrew Carnegie, John D. Rockefeller and J. Pierpont Morgan--personified this sweeping turn-of-the-century transformation. Imbued with all the greed, guile and enterprise of the age, they exhibited a bullish faith in America's future despite the depressions, strikes and financial panics that punctuated these tumultuous years. In their different ways, each dealt a mortal blow to the small-scale economy of the early republic, fostering vast industries that forever altered the size and scope of the nation's business...
...trade publicly. I suggest at least one from each of three categories. That provides some modest diversification. You will also have a better chance of seeing a big drug or supermarket firm buy out your company at a premium. Here are the companies that Wall Street analysts are most bullish...
...YORK: In these bullish days of the mutual-fund-fueled stock market, the Dow's daily behavior is rarely evidence of anything other than herd psychology -- even Tuesday's staggering slide of almost 300 points. But this time, take notice: It's Wall Street's way of saying that a recession may be on the way. "Recessions are hard to spot -- you don't know you're in one until it's half over," says TIME Wall Street columnist Daniel Kadlec. "But the market usually sees it first and declines ahead...
This new-product cycle has a number of pros bullish on the sector. Sensing opportunity, New York investor Stuart Wiesbrod founded Merlin Biomed, a private health-care fund, just three months ago. He estimates that the entire biotech industry has a stock-market value of about $110 billion. That's less than the market value of one big drug company like Merck or Pfizer, each with market values around $140 billion. Yet the biotech industry has 600 drugs in advanced development, vs. maybe 20 for each big drug company...