Word: calls
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Dates: during 1990-1999
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...what point, after how many new fortunes, can we proclaim the old paradigm of stock risk and bond reward as dead as the utilities-as-ultimate-wealth-generator theory? Judging by the feisty performance of the creaky old Dow, not to mention the rockin' nasdaq, shouldn't we call the financial-risk coroner come the millennium...
Over my dead bonds. Call me old fashioned, but after four years of hypergrowth, the likelihood that the S&P can keep up that performance becomes less, not more. You flip a coin four times, and it comes up heads; you cannot conclude that the next flip will yield a head. And even if a fifth head is coming, it doesn't mean there is no risk of a tail--or a tailspin--eventually. I'd be more comfortable if we got to a 10,000 Dow over a longer period of time, during which earnings could catch...
Thibodeaux is what you'd call a computer hobbyist, a techno-geek of the highest order--not like the average consumer. There are a lot more of those: people who like the idea of a home computer network but wouldn't want to spend all their spare time (or even one Saturday) reading technical manuals, shopping for parts, reconfiguring hard drives and rewiring the house. If you wanted to network a few PCs a few months ago, you really had to be a Todd Thibodeaux to pull it off--or spend thousands of dollars hiring professionals...
...seasoned East Coast corporate lawyer (let's call him Jack) is accustomed to getting his way. But at the mention of his older brother, he becomes agitated and taps a table furiously. Jack's brother pummeled him regularly when he was a child, and though his parents were aware of the hostility, they never intervened. His mother told him that someday he'd be big enough to fight his own battles. "I don't know what she was thinking, and I don't know if my father knew," says Jack, 44, who hasn't spoken with his brother in years...
What hubris! Should we call the idea of Hillary's running for the Senate the "Bonfire of the Inanities"? RONALD R. STELZLENI Mondovi...