Word: bulls
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...BULL DURHAM. What a couple! Kevin Costner and Susan Sarandon debate philosophy, make love, live for baseball in the year's smartest comedy...
Nomura and Japan's other giant securities firms have harvested huge profits from a bull market that has raged on the trading floor of the Tokyo Stock Exchange for six years. The Japanese call it the age soba, or rising market, ascent has been dizzying: the 225-stock Nikkei index -- Japan's equivalent Dow Jones industrial average -- has surged 400% in value since beginning its bullish burst. The $3.5 trillion now invested in the Tokyo market makes it world's largest. Even the devastation wrought by last October's global stock only temporarily dampened the spirits of Tokyo traders. Although...
...Bull Durham...
Like Crash Davis, the aging catcher in the hit summer movie Bull Durham, most minor-league baseball players ache to make it to the big leagues but spend their careers taking bumpy bus rides between small-town ball parks. They are like writers who aspire to pen the Great American Novel but settle for scripting comic books: their lives are a compromise, an apology for what might have been...
More striking than the potential annual profit is the spectacular appreciation in the resale value of most clubs. Case in point: North Carolina's Durham Bulls, the Class A farm club of the Atlanta Braves featured in Bull Durham. Durham Businessman Miles Wolff bought the hapless Bulls for $2,500 in 1979. Today the team would sell for about $1 million. The Class AA Harrisburg Senators of Pennsylvania were unloaded for $45,000 in 1980 and are currently valued at some $1.5 million. Ten years ago, even Triple A clubs could be picked up for $50,000. Now they...