Word: guesswork
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...tipped ICBMs, but the CIA worries that it might expand that force so a U.S. shield doesn't render its strategic deterrence worthless. That's a possibility that's very real, and Washington has to take it seriously. The CIA intelligence on North Korea is based as much on guesswork as on hard facts, but the agency knows that China can ramp up its force...
...SIXTH SENSE Sometimes you've got a hunch--call it intuition, an educated guess--but you just can't quite be sure: Is he? Is she? Now technology is finally eliminating the guesswork. A Toronto firm called Gaydar Direct has created a simple device for gay men and women that's designed to help them identify others who share their sexual preference. Gaydar ($69) is a battery-powered, key-chain-sized device that buzzes discreetly when it comes within 20 ft. of another Gaydar. What happens next is entirely...
...zero-tolerance approach ends the guesswork. In the early '90s, schools began adopting one-strike-and-you're-out policies for kids who secreted weapons or drugs on campus. The President gave zero tolerance a big push when he signed a 1994 law requiring one-year suspension for students who take guns to school. But by definition, zero tolerance erases distinctions among student offenses. Hence the national crackdown on Alka-Seltzer. Since 1996, schools in four states have suspended at least 20 children for possession of the fizzy medicine...
Books about the market's direction are pure guesswork. Elias and that other Kadlec as much as admit that there's nothing special in their forecasts. Elias predicts Dow 40,000 by 2016, an average annual gain of 9%. Kadlec projects Dow 100,000 by 2020, equal to 11% a year. Given that stocks have returned 17% a year over the past 20 years, it's hard even to call them bulls. About all they're saying is that the U.S. will remain a sovereign nation. I'd call that a real sturdy limb they've climbed onto...
...earnings basis, after all, a company with no profit is as expensive at $20 a share as it is at $40. That's what makes Net stocks so confounding. Most lose money, and predicting when they'll turn a profit and how big that profit will be is sheer guesswork...