Word: glumly
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Last spring I noted that corporate buyers--who should know the value of their own shares better than anyone--had turned glum. In a warning that the market was headed for hard times, stock buybacks were slowing, and insiders were selling more than they bought. Now that trend has quietly turned, and it's tempting to see it--along with the rate cut--as a buy signal. In fact, some nibbling may not be a bad idea. I would certainly endorse a program of monthly buying with a set amount of money...
...soul-baring folk-rocker, but the chart success of Sheik's 1996 single Barely Breathing outed him as a pop tunesmith with a knack for gorgeous songwriting that doesn't resort to schmaltz. Sheik's new CD veers back toward his dour side, where he finds plenty to be glum about--the perils of record-business starmaking in Nothing Special and the falseness of big-city life in That Says It All. It's no surprise that he intends to avoid being trapped in lightweight pop: he's 28 and wants a long career. But Humming's dark overhang...
...year to nearly zero. Its stock, riding high at $44 a year ago, was beaten down to $16 in last week's market rout, gutting the 401(k) retirement plans of many of its employees. "What I have in Harnischfeger stock is down by two-thirds," says a glum Dave Trench, 57, a machinery stock attendant at a Harnischfeger subsidiary in Nashua, N.H. "When I look at retirement, I might start to sweat." At least he still has his job--for now. Harnischfeger announced in late August that it soon will begin dismissing 3,100 employees, or a fifth...
What a telling picture the Moscow summit made. Bill Clinton looking weary and spent, his head sunk in his hands, his lips tight in a glum line as reporters badgered him about Monica. Boris Yeltsin next to him, befuddled and disoriented as he struggled to link answers coherently to questions. When a journalist asked whether the Russian President would accept someone other than Viktor Chernomyrdin as nominee for Prime Minister, Yeltsin paused for a moment that grew painfully long. "Well," he finally said, "I must say, we will witness quite a few events for us to be able to achieve...
...dark hues replacing the enveloping murk of the series. The two stars smartly fill their close-ups: David Duchovny (Mulder) adds a bit of cowboy swagger to his Prince of Dweebs intensity, while Gillian Anderson (as Mulder's skeptical partner Scully) radiates a '40s-style pensiveness that alchemizes glum into glam. The characters' devotion to each other--a caring that stops tantalizingly short of sexuality--constitutes one of the great unconsummated marriages in popular fiction. And their wondrous solemnity is a tonic in this age of facetiousness...