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...overheating the market," says Artur Szeski, an equity analyst at CDM Pekao in Warsaw. "Right now the valuations are coming back to more reasonable levels." Although the region's markets are expected to gain about 5% or 10% over the next three to six months, most analysts advise caution over the longer term. Says Bohumil Pavlica, a broker with Prague-based BH Securities: "We have had four, almost five years of [more or less] uninterrupted growth, and now the sobering up will come." - By Jan Stojaspal A Short Haul Germany's Lufthansa confirmed it was in talks with Swiss International...

Author: /time Magazine | Title: Bizwatch | 3/20/2005 | See Source »

...attempt it. It reveals the tragedy of a typical American who loses out by trying too hard to win out; it chronicles the propless failure born of the worship of success ... Now a solid front-ranker among young U.S. playwrights, Arthur Miller took last week's success with caution. WHEN A FRIEND SAID THAT HE HAD 'ARRIVED,' MILLER PROTESTED: 'YOU NEVER ARRIVE, REALLY. There's always the next one ... Anybody in this business who thinks he's an expert is kidding himself.' A lanky, relaxed man with a gaunt Lincolnesque face, Playwright Miller, son of a coat manufacturer, played high...

Author: /time Magazine | Title: Letters | 3/14/2005 | See Source »

...bracelets and anklets as they sashay down the Parque Arauco Mall. But lapis, the most well-known Chilean stone, is the visitors' favorite. Expect to pay $100 for a choker necklace and earrings, $200 for a longer chain, and $600 for a pair of candlesticks. A word of caution: Chilean lapis may contain veins of chalk, which lower the quality. Some shopkeepers artfully cover up these imperfections with blue paint, so carry around a bottle of thinner and ask if you can test the gems to see if the colors run - shopkeepers will quickly stop trying to sell you fakes...

Author: /time Magazine | Title: Hidden Gem | 3/14/2005 | See Source »

...befall him, he failed to marry the woman he loved (lest she share his fate), or to do much of anything, only to realize too late that the great misfortune fate had in store for him was to throw away his life and opportunities because of his excessive caution and fear of the future...

Author: /time Magazine | Title: Investing: Good Times Are Coming! | 3/8/2005 | See Source »

...University of Sydney law professor Patrick Parkinson, will report soon with ideas on reforming that instrument of justice that enrages separated parents, mostly fathers, as nothing else does: the wage-garnishing Child Support Scheme. On the eve of the changes there's cause for both optimism and hardheaded caution. "I'm not convinced I'll put in place the perfect system," says Ruddock. "I don't feel I'm God. But I do think we can do a hell of a lot better than we have done." New Zealand men's groups - which insist their country's family law system...

Author: /time Magazine | Title: Giving Fathers A Fairer Go | 3/6/2005 | See Source »

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