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Fidelity was trying to balance performance and predictability when it shifted the fund managers last March. Some of the funds were not doing as well as they ought to have been, and many were wandering far from their ostensible mandates. The Blue Chip Growth Fund, for example, was heavily invested in small and midsize companies. (Its manager, Michael Gordon, left Fidelity to work with Vinik.) Asset Manager, which was supposed to be a low-risk diversified fund, had 18% of its holdings in Mexican debt...

Author: /time Magazine | Title: NED JOHNSON AND FIDELITY: THE MONEY MACHINE | 9/30/1996 | See Source »

...easy to woo," laments a studio chairman. "He's not easy to get to." Handicappers say Lucas talks first to Fox, which has shown its good faith by lavishing millions on the video boxed set and on redoing the original trilogy for theaters. Fox also has a big bargaining chip: Lucas owns the copyrights to the Empire and Jedi installments, but Star Wars belongs to Fox. A friend says Lucas wants to complete his collection; Fox might be willing to trade its copyright for an international film- and television-distribution deal. But Disney also has something to barter: Lucas...

Author: /time Magazine | Title: THE LUCAS WARS | 9/30/1996 | See Source »

With less than two minutes remaining in the game, the Harvard offense had a third-and-goal situation from the Columbia one yard line, but a delay of game penalty and an incomplete pass forced the Crimson to settle for a chip-shot field goal attempt...

Author: By Ethan G. Drogin, | Title: Unspecial Teams | 9/23/1996 | See Source »

...approached the table with trepidation. An awkward-looking man and woman dressed in clashing pastel 'Miami-Vice' jackets looked increasingly agitated in their seats. One of them looked ready to leave her tuna melt and giant chocolate chip cookie and pounce on me, the would-be assassin. So there's the Secret Service, I thought. They seemed invisible until you actually looked at them. I smiled a nice innocent smile and slid past, following our menacing bee-line towards the First Daughter and her luncheon companions. Having passed the security barrier, Chelsea looked up at us in an encouraging...

Author: By Patrick S. Chung, | Title: Just Another Harvard Hopeful | 9/21/1996 | See Source »

...into the mouth of her infant son, collecting a small sample of mucus from inside his cheek. In the back room of his office, he inserts the sample into a machine, which extracts DNA from the mucus cells and compares it with the genetic material on a dime-size chip. Minutes later, a computer printer begins to spit out a list of the infant's genes. Fortunately, all but a few of the genes are labeled "normal." It is those few that the doctor discusses as he explains the results to the mother. "Your son's genetic inheritance is generally...

Author: /time Magazine | Title: KEYS TO THE KINGDOM | 9/18/1996 | See Source »

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