Word: excessive
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Dates: during 2000-2009
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...adds up to big changes in an industry prone to speculative excess. Investors still shouldn't touch these stocks outside a mutual fund or without diversifying across at least five companies. Given the sharp run-up this year, Weisbrod's hedge fund has cut its biotech holdings a third, and six top executives at Genentech recently sold $36 million of the stock. The relatively stodgy feel of the Biogen-IDEC deal has still other growth investors running for the hills. It's all part of growing up--and part of Mullen's plan. --With reporting by Eric Roston/Washington and Unmesh...
...startlingly modern conclusions. The "fire," he said, is a single "fluid," not the dual "vitreous" and "resinous" electricities postulated by European savants. It exists in two states: plus and minus (terms he coined, along with positive and negative, battery and conductor). Furthermore, he said, if there is an excess of charge in one conductor, it must be precisely balanced, as in double-entry bookkeeping, by a deficit in another. Stated another way, electrical charge is always conserved, an important new principle descended from Newton's conservation of momentum. Finally, he said, when sparks fly between two charged bodies, they instantly...
...become the latest hot missions field. Figures from the Center for the Study of Global Christianity at Gordon-Conwell Theological Seminary in South Hamilton, Massachusetts, suggest that the number of missionaries to Islamic countries nearly doubled between 1982 and 2001--from more than 15,000 to somewhere in excess of 27,000. Approximately 1 out of every 2 is American, and 1 out of every 3 is Evangelical. Says George Braswell Jr., a missions professor at the Southeastern Baptist Theological Seminary: "We're having more now than probably ever before go out to people like Muslims." Sept. 11 appears only...
...dire shape, the Palmers couldn't bear to tear it down. Instead, Lorraine renovated the house with period furniture and detailing, right down to the pineapple-print wallpaper. One of the biggest events of the year is the spring Yard Sale Weekend, when the Palmers sell their excess wine at half price and people start lining up in the wee hours of the morning to have first pick...
Kerry wants the government to help pay for catastrophic health-insurance claims (those in excess of $50,000 a person). These represent only 0.4% of all claims but 20% of all health-insurance payouts. Ken Thorpe, a health-policy expert at Emory University, says such a plan would allow insurers to reduce current health-care premiums 10% across the board. Kerry would also provide tax subsidies for those who don't have health insurance, as would several other Democratic presidential candidates. He would pay for the expanded coverage by rescinding the upper-bracket Bush tax cuts, as would the others...