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...track records, state backing and large market shares in well-understood industries - not Internet start-ups. The dotcoms "were selling a concept, but most of the companies listing in Hong Kong have a profit," says Kenny Tang, associate director of Tung Tai Securities. Still, some international investors are growing cautious. "Some type of midcycle correction wouldn't be unexpected," says Alexander of Atlantis Investment. Yang Liu, who manages the Atlantis fund, warns that investors should stick to IPOs of big, stable companies that have solid earnings growth. "You have to be sure you know about the company and have done...

Author: /time Magazine | Title: Heading for a Big Bang? | 2/15/2004 | See Source »

Lingman said the team’s showing at the tournament was a “great start to the season,” displaying some cautious optimism about the coming spring...

Author: By Alex Mcphillips, CRIMSON STAFF WRITER | Title: M. Tennis Upsets No. 10 Wildcats at ITA Indoors | 2/9/2004 | See Source »

Most doctors, acutely aware of the problems female hormone-replacement therapy caused for women, are cautious about advising anyone to take testosterone supplements--even to ward off Alzheimer's. While the pros are still being worked out, the cons are real and troubling. Resnick is convinced that testosterone supplements can increase your risk of prostate cancer and stroke, despite a report in the New England Journal of Medicine last week suggesting that the studies were not large enough to say for sure. Furthermore, the ideal levels of testosterone still need to be worked out. "An 80-year-old should probably...

Author: /time Magazine | Title: Health: Brawn and Brain | 2/9/2004 | See Source »

...Vice President Dick Cheney reportedly favor dispensing with the caucus plan to hand over power directly to the Governing Council, expanding its Shiite representation in the hope that this would mollify Sistani. The State Department and National Security Adviser Condoleezza Rice reportedly oppose the idea, advocating a more cautious approach that seeks to engage with Sistani on the question of elections. But it is increasingly clear to the administration that there are no good options in Iraq. Allowing elections is to invite uncertainty - the process itself would likely escalate ethnic tension and raise the danger, warned...

Author: /time Magazine | Title: Can Team Bush Contain the Iraq WMD Fallout? | 2/2/2004 | See Source »

...stock, acting as if this tiny firm with about 150 employees is destined to become a global titan. In the short term, such suspension of disbelief can be highly profitable, but it can also prove to be an excellent way of losing money fast. "I warn investors to be cautious," says Joseph Lau, a director at Tai Fook Asset Management. "Some of the investors will ultimately be burned...

Author: /time Magazine | Title: Get 'em While They're Hot? | 1/19/2004 | See Source »

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