Word: dotted
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Dates: during 2000-2009
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Other than market psychology--now as gloomy as it was bubbly--not much has changed. Sure, short-term interest rates are rising, and dot-bombs are exploding like a string of very expensive firecrackers. But that's been going on for a year. The real explanation is the sharp reversal in sentiment, which is reflected in hundreds, if not thousands, of stocks whose every decline goes a little lower and every bounce falls a little short of full recovery. People buying the dips are getting killed...
...rapid bankruptcy and dissolution of activewear e-tailer boo.com is Europe's first big dot-com meltdown, and a very scary story for its venture capitalists and would-be e-merchants. The company, started by three Swedes just six months ago, made a splash with hip brands like DKNY and North Face and what the Brits call an "all-singing, all-dancing" site complete with e-tailer innovations - 360-degree revolving sneakers, watches and clothing - that are just making their way to car-buying sites in the U.S. Problem was, they went through their sizable $120 million stake like...
...that Wall Street continued to rally as the Fed voted to raise short-term rates not just 25 but 50 basis points at its meeting Tuesday, the latest attempt to hamstring the swaggering U.S. economy just enough to keep inflation at bay. Businesses, especially capital-intensive ones like the dot-coms, have no love of more expensive money. But Father Greenback has sold the markets on his firm hand, says TIME senior economics reporter Bernard Baumohl, and a full half-point hike was the only way for Greenspan to reward that confidence now. "The markets were worried for a moment...
...near future; transportation officials have also locked horns with consumer advocates who argue that the government's crash scenarios need to cover not only a wider array of passenger sizes, but a variety of speeds, passenger positions and angles of impact. So while Friday's modification will please many DOT critics, it certainly won't placate all of them - a long-standing pattern that beleaguered transportation officials have undoubtedly learned to live with...
...plus teams that entered the contest, 11 were chosen as semifinalists and 4 as finalists. Nearly 95 percent of them were dot-coms...