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THOUGH HARDLY THE LARGEST OF THE MCDOUGALS' headaches, in microcosm the Whitewater venture illustrated all the major trends troubling the McDougal empire. In 1983 no new lots had been sold. Because of all the interest payments, negative cash flow that year was nearly $51,000, all of it covered either by new borrowing or payments from McDougal or his various ventures. One lot was sold in 1984. Negative cash flow was over $20,000, all of it covered by McDougal. With more interest and principal payments due, 1985 was even worse. Only one lot was sold. Negative cash flow...

Author: /time Magazine | Title: BLOOD SPORT: A DEAL GONE BAD | 3/18/1996 | See Source »

...reaction may turn the campus off to an important long-term issue. While Simons' mailing may have been an innocent mistake, it serves as a reminder of how fragile the Internet is. The value of the 'Net is the free exchange of information, and any action that retards this flow should be discouraged. One mass e-mail won't have much effect on Harvard's resources, but several such mailings might. If advertisements like Simons' became commonplace, Harvard would probably be forced to implement software filters that would prevent mailings to more than a certain number of addresses. The only...

Author: NO WRITER ATTRIBUTED | Title: E-Mail Reminds Us Internet Is Fragile | 3/15/1996 | See Source »

...just have a feeling that the music is very expressive and that you just have to go with it," Traub continued. "You have to feel like you are gliding on the floor. You have to try to flow with the music and at the same time be technically correct...

Author: NO WRITER ATTRIBUTED | Title: Ballroom Dance Team Appears on National TV | 3/14/1996 | See Source »

...offices are only a few steps apart and there is a regular flow of information back and forth," he says. "I certainly hope and expect that kind of cooperation and teamwork to continue under Deans Pilbeam and Todd...

Author: NO WRITER ATTRIBUTED | Title: THE CHANGING OF THE DEAN | 3/13/1996 | See Source »

PAUL DESANTIS, 38; SAUGUS, MASS.; Plumbing An employee at M.I.T., he applied his knowledge of drains to create a medical device for his daughter Ashley, 4, who suffers from multiple handicaps, including excessive buildup of stomach gas. The mechanism has a valve to control the flow of liquids and an air vent to allow gas to escape. The plumber and M.I.T.'s Technology Licensing Office now have a registered patent. He says, "I did this out of necessity in a desperate, frustrating situation...

Author: /time Magazine | Title: Notebook: Mar. 11, 1996 | 3/11/1996 | See Source »

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