Word: higher
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Dates: during 1990-1999
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...extend its proud record of being the only company among the FORTUNE 500 that has increased revenues and profits more than 40% in each of the past three years. It is, in fact, somewhat de-emphasizing PCs to put more of a manufacturing and marketing push on such higher-margin products as servers, workstations, notebooks and storage. These products accounted for 39% of Dell's sales in the first quarter of 1999, up from 24% in the first quarter of 1997. Rick Schutte, a high-tech analyst at Goldman Sachs, believes the company is shooting...
...gloom-and-doom scenario, the Federal Reserve Board will not be satisfied with such modest rate hikes. In order to nip in the bud any renewal of inflation, the Fed will begin an aggressive tightening of credit and deliberately push interest rates much higher still. That will cause a chain reaction. It will knock stock and bond prices much lower, make consumer buying and business investment more difficult to finance, and maybe put a stop to what is about to become the longest economic expansion in U.S. history...
...Benzak, Salomon & Farrell, an investment firm. But he believes the dagger is well sheathed: "Interest rates have probably about run their course." Abby Joseph Cohen, who chairs the investment policy committee at Goldman Sachs, is more emphatic. Says she: "I think yields on long-term bonds cannot move much higher and stay there on a sustained basis...
...sized, skinny and affable to the point of goofiness, Rudenstine is hardly the imposing figure one might expect from a giant in American higher education...
Rudenstine has worked tirelessly almost from the day he took office to lead Harvard's $2.1 billion capital campaign, the largest fundraising drive in the history of higher education. With the campaign nearly complete, Rudenstine has proven he is an adept fundraiser--if not a visionary...