Word: caps
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...want to play the game yourself, there are dozens of mutual funds specializing in undervalued small-cap companies. But even the pros come up with lemons on occasion. "We're very familiar with the fact that companies do go to zero," Selch says. That's the thing about cheap stocks. Sometimes you get even less than you paid...
...fashionistas gather to shop and strut. Hunt for souvenirs at kitschy Oriental Bazaar, Omotesando-dori, tel. 03 3400-3933. GLAMOROUS COCKTAILS Take in wraparound views of Tokyo at the New York Grill on the 52nd floor of the Park Hyatt Hotel. Live jazz and a drool-worthy dessert buffet cap off your evening. New York Grill Park Hyatt, 52nd floor, 3-7-1 Nishi Shinjuku...
Although Berryman received a voucher to cap her rent payments at 30% of her income, she quickly learned that even with the subsidy, she could not afford a place that improved much on the one she had left behind. She had to move three times before finding a place where she felt secure. Her first apartment, a two-bedroom walk-up in an economically struggling neighborhood in the Far North Side, appeared fine at first, and at $585 a month was in her price range. "It was a relief to not have to duck when I walked...
...France, the Commission is in the cross hairs because of a recent proposal to reduce Common Agriculture Policy subsidies, the biggest beneficiaries of which are France's notoriously volatile farmers. The government of President Jacques Chirac, who already blocked cap reform in 1999, has made it clear that the French will do so again. Nine other member states have aligned themselves with France. Meanwhile, four other members have said the cap reforms do not go far enough, leaving the Commission caught in the middle...
...frozen continent of Antarctica is almost equally deadly, but at the other end of the temperature scale. Drill into the ice cap a mile, then another, and you reach, improbably, a body of water known as Lake Vostok that rivals Lake Ontario in size. While scientists haven't yet drilled into the lake itself, they have pulled up samples of frozen lake water clinging to the bottom of the ice cap that contain unmistakable evidence of microbial DNA. Although it hovers near the freezing point, cut off from light and outside nutrients, Lake Vostok is teeming with microorganisms. "Nobody," marvels...