Word: caution
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Hicks said that according to her initial interpretation of the new law, "erring on the side of caution," the universities could agree to consider the home equity of an applicant's parents in determining financial need. But she said the new law would not allow her to share with Princeton or Brown, for instance, Harvard's exact formulas for treating home equity...
...Cambridge, hotel managers expressed more caution then optimism...
...Dream is not so easy to achieve these days. In the century since Edison, Ford, Bell and Watson turned simple ideas into products and technologies that transformed society, entrepreneurship in America has become more complicated, less nimble. In capitalism's grand struggle between risk and reward, the forces of caution and liability have subtly, sadly, gained the upper hand. It is not enough just to have a good idea. These days one must know the intricacies of corporate finance, government regulation, patent protection, pricing strategy and sophisticated marketing. And even then, in the utility industry anyway, resistance to change, hardened...
...York leveraged-buyout specialist Theodore Forstmann, a Kemp presidential fund raiser in 1988, is trying to broker a marriage between Kemp and Perot. Some of Kemp's political advisers argue that running with Perot represents Kemp's best chance to be elected President himself in 1996. Others counsel caution -- Kemp's favored political style -- contending that bolting the g.o.p. would permanently brand the supply-side conservative a pariah. Kemp's probable reluctance illustrates Perot's quandary in finding a credible running mate willing to risk his political career on one roll of the dice...
...note of caution is due. Insiders can blow it. Anticipating a favorable business climate, six corporate officers at Southwest Gas last year loaded up on the company's stock at prices averaging 15. The stock climbed as high as 18, but then the company was jolted by a succession of negative developments. A ruling by the Office of Thrift Supervision forced Southwest to set aside $17 million to cover bad loans in its savings-bank division. And the company's request for a $43 million rate hike was put off by the Arizona public-service commission. Southwest's stock...