Word: discounting
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...plant, on the other side of a runway, a site has been cleared for the colossal building that will house the A380s. The engineers will probably bike in the hangar--an aerospace version of the Tour de France. And like the tour's cyclists, they know better than to discount the American competitor...
...stage, they chased away all memory of Mamie Eisenhower's tiered-ruffle dresses and the bamboo furniture in the solarium of Ike's White House. (After Mamie took her on a tour of the place, Jackie complained to a friend that "it looks like it's been furnished by discount stores.") To see Jackie, at 31, take command of the White House was like watching an X-15 blow a sonic boom through your grandmother's credenza...
...poorest African nations, where annual per capita health care budgets are less than $10, even cheap generics aren't cheap enough. This month Mali closed a deal to buy drugs from four Western firms at a 90% discount; but the government said it can treat just 600 of the country's 130,000 AIDS patients. What more can be done...
...Alger, who owns about $300 million worth of Pfizer in his funds. Merrill Lynch analyst Steve Tighe is high on the new products coming from Pharmacia, which has partnered with Pfizer to launch a new anti-arthritis drug. And he says Elan is attractive since it trades at a discount to large cap and specialty-drug stocks...
Most colleges play the merit-scholarship game with stealth. Many dodge the discount label by proffering merit scholarships that are endowed by private donors and have set qualifications: Emory offers the Scholars Program; Washington University in St. Louis, Mo., has its Honorary Scholars program. The private University of Rochester offers any New York State resident a $5,000 tuition break--one that just happens to make Rochester financially competitive with the better of the campuses of the State University of New York, to which it often loses applicants...