Word: crash
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Dates: during 2000-2009
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Robert Dalias was convinced he had a better mousetrap--a new kind of switching device that U.S. telephone companies seemed eager to buy from his start-up company, WaveSmith Networks. But as the telecom crash washed over his customers and prospects, one after another canceled or postponed orders. His venture-capital investors started making nervous noises. So Dalias looked abroad for help. Despite having a meager track record and no multinational distribution channels, the CEO landed his first big sale, to NetOne Systems, a leading tech distributor and systems integrator based in Tokyo, and that success helped Dalias close...
...since fallen to about 1 to 1, a rare episode of parity last seen immediately following Sept. 11, 2001. When insiders buy more than they sell, as Coleman believes will be the case in coming weeks, the market becomes compelling. This buy signal was seen after the 1987 crash, the 1991 Gulf War and the 1998 Asia crisis--and in each case, the Dow soared soon afterward...
Things looked very different little more than two years ago, when Lafley, 55, took over P&G, based in Cincinnati, Ohio. His gruff predecessor, Durk Jager, had launched a crash course to shake up the notoriously insular, slow-footed company but was forced out after just 17 months of expensive product launches that left consumers yawning. P&G had repeatedly failed to deliver expected earnings, and its stock tumbled 50% in six months. With most of the company's resources and best people focused on developing the next blockbuster new product, sales for the established brands were stagnating, market share...
...niche among many. And one series that TV's moneymen believe will cash in on the hunger for wholesome is the WB's Everwood (Mondays, 9 p.m. E.T.). New York City neurosurgeon Andrew Brown (Treat Williams) is obsessed with his career until his wife dies in a car crash on her way to their son's piano recital, which Brown was too busy to attend. The doctor packs up 15-year-old Ephram (Gregory Smith) and 9-year-old Delia (Vivien Cardone) and moves to Everwood, Colo., a picturesque burg his wife once passed through and fell in love with...
Philippe E. Wamba ’93, the former editor of Africana.com who wrote about his roots in Africa and the U.S., was killed in a car crash in Kenya last Wednesday...