Word: compounded
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...ALZHEIMER'S DISEASE Scientists began safety testing the first drug designed to tackle the root cause rather than the symptoms of this brain-addling disease. Patients in the early stages of Alzheimer's were given a gamma secretase inhibitor, a compound that blocks the formation of the sticky plaques that gum up the brain's neural connections. So far, the drug seems to have been well tolerated...
Currently, Guilford Pharmaceuticals in Baltimore and Amgen in Thousand Oaks, Calif., are collaborating on a synthetic neurotrophic compound that can be taken orally and then travel to the brain, where it bonds with proteins in dopamine neurons. The tricky part is that most trophic molecules are too big to cross the blood-brain barrier, so Guilford and Amgen are working on a smaller one that can get where it needs to go. The progress so far is promising. "We’re in phase two human trials and the study is going very well," says Dr. Craig Smith...
Here's some basic math. The NASDAQ has lost half its value. To get even, it must double. At 10% a year, money doubles in about seven years. That gets you the drawn-out recovery. Yet no-dividend growth stocks should compound at 12% to 15%, implying a recovery in about five years. And I believe the market has muscle memory; having been there once, it's easier to get back. My prediction? Three years. Odds are I'm wrong. What's important, though, is that I'm mentally set for a grind. Go ahead, Mr. Market, surprise me, pleeeeze...
...have been expedient, but it was also simple. Bush's response wasn't: We can't trust people to count the votes fairly, he said; and that just didn't sound right coming from a man who spent a year talking about how much he trusts the people. To compound the problem, it emerged that in 1997 Bush signed a law saying that in close Texas elections, manual recounts are preferable to electronic recounts; Texas law even specifies that hanging and dimpled chads--punch-card holes still partly attached to the ballot or merely dented--should be counted. Gore would...
...trying to cover what could be the next summer White House--close to the Days Inn in Waco, but 100 dusty miles from the Four Seasons in Austin and expense-account restaurants, with the closest hot spots being the Dr Pepper Museum and the remains of the Branch Davidian compound. Gore, whose campaign press corps is now home, fared better despite resorting, for his short, pedantic statement, to a TelePrompTer in his own house. Does he use it for after-dinner toasts...