Word: climbed
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Here's the essence of it, gang: stocks that soar can also plummet. Sure, in the long run, high risk usually means high reward, and the techs could climb anew. But the long run can be long indeed, and if you hold only a few stocks, there are no guarantees. You could be wiped out. Even if you own a basket of tech stocks, your nest egg could drop 50% or more in the time it takes to order that new BMW. Spreading investments across asset classes reduces such risk and looks dumb only to the tech cultists...
...will never encounter a $400,000 dollar offer in The Crimson again. But, it remains to be seen what long-term effect the gold rush will have on those swept up in it. How hard it will be to hunker down in an entry-level job and begin to climb the career ladder slowly. After all, we will remember, there was once a time when employers doled out BMW's like Christmas fruitcakes...
...trains depart each morning from opposite ends of the line and meet in the middle. One begins a rugged northeastern climb out of Chama, N.M., crosses two 100-ft.-high trestles and wends through the high point, Cumbres Pass (elevation 10,015 ft). The second locomotive fires up in Antonito, Colo., and chugs southwest. It threads through two 360-ft.-long tunnels, one of which was blasted out of 1.7 billion-year-old rock a dizzying 600 ft. above Toltec Gorge. You won't find a carload of snakes like the one Indiana Jones encountered. But do keep your eyes...
...multisensory experience begins even before the train pulls out of the Napa depot, with an art show and a complimentary wine-tasting seminar. Then you climb onboard for the feast. As the train rolls at a peaceful pace past 27 wineries and manicured vineyards, passengers can sip local Chardonnays, Cabernet Sauvignons, Pinot Noirs or other premium varietals as they dine in luxuriously refurbished Pullman cars, vintage 1915-70. Executive chef Patrick Finney's menu may include filet mignon marinated in red wine and herbs and served with Cabernet-Roquefort sauce. Those who are into food as much as wine...
...work under battle conditions. In one exercise, McGrath trains her binoculars on an object in the distance. As a nondescript oil tanker comes into view, a dozen sailors cram into a small boat that's lowered over the Jarrett's port side. Armed and nervous, they're preparing to climb aboard the tanker (actually a Navy supply ship) to ensure it is not smuggling Iraqi oil in violation of the U.N. sanctions. It's risky business: despite a radioed message from the tanker granting the sailors' request to come aboard, an ambush could await. But the captain is confident...