Word: frontenac
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...began trading in April and soon hit a high of $43. Last Friday, however, Yahoo! was searching for the bottom, at $17.50. "The IPOs that came with the most sizzle, like the Internet search engines, have gone on a roller-coaster ride," notes Rodney Goldstein, managing partner of Frontenac, a Chicago-based venture-capital firm...
...Chateau Frontenac brochures promise opulence and charm, and the lobby delivers. Bellhops in neatly pressed uniforms charge through the hallways, friendly old doormen smile as they swing open brocaded doors and plush couches line the darkly-stained lobby...
...rooms upstairs, though, aren't much bigger than the ones in the Hilton outside the old city. The price reflects the lobby--the Chateau Frontenac is famous but its also inordinately expensive...
Surrounding the Chateau Frontenac are the standards of the pre-fab family vacation: the park, the boardwalk, the coin-slot telescopes, the street musicians, the toddlers stumbling around looking cute, the proud parents snapping picture after picture...
There's also an alleyway teeming with self-proclaimed artists who peddle their creations, mostly pictures of the hotel, for $5 to $10 apiece. From a distance, the paintings are elaborate, detailed depictions of the Chateau Frontenac. Up close, they are xereoxed pieces of paper marked with black-and-white ink sketches of the hotel. Like pages from coloring books, their spaces are filled with watercolor paint. The "artists" must not use small-enough brushes--the don't always stay in the lines...