Word: bullishly
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What does this mean to you? Not all buybacks are bullish. Look for one that takes place when the stock is depressed and the buyback is funded out of operations, asset sales or reserves. Ongoing buybacks can be good, providing a constant source of demand. But any buyback that merely offsets dilution from options should be dismissed as meaningless, possibly even harmful--unless you're the one with the stock options...
...Marxist tycoons who protect them. On the other hand, regional leaders have pointed out that even if "Plan Colombia" succeeds in lowering production of narcotics in that country, that would simply displace the problem across the border into Brazil, Venezuela or Peru. As long as there's a bullish market for drugs in the U.S. and grinding poverty in Latin America, there's little chance of eliminating the cocaine industry. So "Plan Colombia" remains a high-stakes gamble that may well force Clinton's successor to be more engaged with Latin America than any president since Ronald Reagan...
...Jose, Calif., thinks not. "His popularity peaked at Goosebumps," she says. Of the new books, she adds, "We'll have them in the store. But we probably won't be having big displays of them." Yet Camilla Corcoran, a children's books buyer for Barnes & Noble, is bullish on a Stine revival with Nightmare: "We are definitely expecting...
...help marveling at Merrill Lynch star Internet analyst Henry Blodget. Bullish through a five-month bloodletting, he decided last week to downgrade his opinion on 11 onetime highflyers, including Doubleclick, eBay and eToys. In the case of eToys, the stock had dropped 95%. Losing any more, I suppose, would be just too much to bear. So Blodget stepped up with his gutsy downgrade while investors everywhere, in spirit, collectively asked, Who needs analysts anyway...
...three basic tests in the past year, the intelligence assessment will likely prompt President Clinton to fudge - he won't kill the program, but he may simply leave it on life support for his successor to determine its fate. But Governor Bush is a lot more bullish on missile defense, charging that the limited system currently on offer is inadequate, and that only a comprehensive interceptor system capable of neutralizing all threats, whether from Iraq or from Russia, can protect America. That's essentially a reprise of President Reagan's "Star Wars" program, and it's a far easier sell...