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...FEED YOUR MONEY TO PIGS Read the proxy statement at sec.gov (click on "SEC Filings & Forms," then on "Search for Company Filings"; then enter the name of the stock). I would shun any company that pays a manager more than $100 million a year in cash and stock. Make sure that none of the top managers used to work for the firm's "independent" auditor--and that the firm isn't lending millions to its bosses, as WorldCom did. (Check the "Related Parties" section of the financial reports...

Author: /time Magazine | Title: How to Avoid the Next Stock Bomb | 7/8/2002 | See Source »

...binge on borrowed money, like WorldCom and Adelphia, end up with no margin for error. Robert Olstein, manager of the Olstein Financial Alert Fund, avoids firms whose debt is greater than half of total capital or more than five times their free cash flow. (Get these ratios at morningstar.com Enter the company name under "Quicktake Reports"; scroll to "Financials...

Author: /time Magazine | Title: How to Avoid the Next Stock Bomb | 7/8/2002 | See Source »

...driver, 'Are you still lying fifth?' and he'd say, 'Yeah, maybe.'" But the revolution doesn't end there. Within the next five years Richards plans to eliminate car No. 10 from the championship and replace it with a virtual one. Then fans will be able to enter a real-time rally on Virtual Spectator. They will be able to log in at the same time as the real drivers start and, using real weather and road conditions, pilot car No. 10 around the course in virtual competition with real drivers. Richards isn't phased by the difficulties...

Author: /time Magazine | Title: In the Driver's Seat | 7/7/2002 | See Source »

Those who enter into the world of breakdancing this summer will most likely have less precise goals of what they intend...

Author: By Eugenia B. Schraa, CRIMSON STAFF WRITER | Title: Unconventional Classes Offered In Summer | 7/5/2002 | See Source »

...tradition-bound Queen instructed officials to bounce a BBC camera team from her official paddock because the men sported open collars. Also turned away were Rod Stewart, in a blue-striped coat, and his girlfriend, hatless photographer Penny Lancaster, left. The couple didn't intend to enter the paddock, Lancaster said, but "just got a bit lost." Of no concern to anyone, apparently, was the guest with an enormous strawberry on her head...

Author: /time Magazine | Title: Mad Hatters | 7/1/2002 | See Source »

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