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Money, or lack of it, can do a lot of things. It can launch a dot-com, win Dubya's primary and cause the demise of the Hasty Pudding. But the most recent question that has set academic tongues wagging across the nation is whether it can buy the success of an online university proposing to disseminate an Ivy League-caliber education to the masses, for free...
...group's accomplishments also dot much of the country, hinting at its nation-wide ambitions. Hizballah runs one of the country's finest schools, the Shahed (Witness) School--just a few minutes' walk from the Beirut barracks near the airport where a suicide bomber killed 241 U.S. servicemen in 1983. Children of Hizballah martyrs make up a quarter of the 1,000 students there, who are drilled in daily English classes. Another symbol of the new Hizballah is its al-Manara (Lighthouse) TV, which broadcasts news, soap operas, kiddie programs and with-the-guerrillas footage of attacks on Israeli fortifications...
...short, the past four days have provided more than ample cause for us all to take a step back from the seemingly ceaseless dot-com hoopla and review where we stand. The party may not be over, but now seems like an ideal time to put down the champagne for a few moments and toss back a glass of ice-cold water. While sobriety is most sorely lacking in the nation's financial quarters, this campus could also benefit from some reasoned reflection on the state of the New Economy...
...tech-stock watchers are concerned, Wednesday's joint wireless venture between Bell South and SBC couldn't have been timed better. Right when the death knell was sounding on the dot-com craze, wireless technology has emerged as "the new new thing," with new players popping up left and right and a host of IPOs on the horizon. Tech analysts say there are two trends driving the boom: Cell phones have finally come way down in price, making them widely available to the masses, and they will soon become much more versatile, offering a host of digital services...
...there is good news. "Considering how strongly the market rebounded Tuesday, it looks as though we have seen the bottom of this thing," says Kadlec. "Especially the technology blue chips - they all came back strongly. But the dot-coms now really seem like they're broken for good...