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The company won't have to put up a single penny to buy MCI. Instead, it will issue 820 million new shares and exchange them for MCI's. Investors normally head for the exit in the face of this kind of dilution. But WorldCom's share increased 10% last Thursday...

Author: /time Magazine | Title: BERNIE'S DEAL | 10/13/1997 | See Source »

WASHINGTON: It was certainly a great show ? a titanic struggle between two masters of political indignation. In the GOP corner: Fred Thompson, who used his opening comments at the campaign finance hearings Tuesday morning to vent at the White House. It was a multimedia display, including clips from those now...

Author: /time Magazine | Title: Coffee Battle Boils Over | 10/7/1997 | See Source »

TUNE IN: Microsoft's display window offers state-of-the-art Web pages that include embedded audio, 3-D and video clips

Author: /time Magazine | Title: Techwatch: Oct. 6, 1997 | 10/6/1997 | See Source »

Several times, Bowie played saxophone, and at one point he threw a pair of enormous balloons designed to look like eyeballs into the crowd. A cover of an old Chicago blues standard, "Baby What You Want Me To Do," segued seamlessly into Bowie's own "Jean Genie." Stone-faced, kilt...

Author: By Josiah J. Madigan, CONTRIBUTING WRITER | Title: The Man Who Sold (Out) the World | 10/3/1997 | See Source »

Prepare yourself for nightly news clips featuring a blue-faced Mel Gibson in a kilt. Some 700 years post-'Braveheart'; voters in Scotland will decide on two initiatives that could give the kingdom its first parliament since 1707. One would create a separate Scottish Parliament; another would give that body...

Author: /time Magazine | Title: Tomorrow's News Now: Our Favorite Martian Surveyor | 9/10/1997 | See Source »

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