Word: idea
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Dates: during 1990-1999
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...think seriously about it until after the Harken deal, but some employees say it came up earlier. "He was ready to go," says Dickey. In summer 1987 the Bushes sold their house in Midland, loaded up the family wagon and drove to D.C. Bush says he had no idea what he'd do after the election...
This is the nature of capitalism. A new idea comes along. Investors throw money at it. Eventually, an economic model emerges. At that point, the winners win big, and everyone else goes broke. The Street's role is to make sure that enough money gets thrown at the idea so that the profitable model takes shape quickly. This weeding-out process is time-tested, from the advent of trains, planes and automobiles early in the century to the more recent arrival of electronics, computers and biotechnology. Consumers almost always benefit; the average investor almost always is better off waiting...
...this school? Teachers have long indoctrinated students in practical subjects like home ec, but the idea of giving 16- and 17-year-olds a primer on matrimony is relatively new. Many middle and high schools in more than 40 states have taken the plunge into marriage education in the past four years, according to Diane Sollee, director of the Coalition for Marriage, Family and Couples Education. This year Florida went a step further, mandating marriage ed as a high school graduation requirement. Arizona, Utah and South Dakota are considering similar legislation...
...lips? Because he?s going to do it only once. "A quarter-point hike, which is really nominal, has already been factored in anyway," says Baumohl. "All this talk about preemption means there won?t be a series of hikes. Greenspan is still ahead of the curve." The idea of a preventative tweak ?- and this chairman?s impeccable record says it?s worth a ton of cure ?- had the inflation-fearing bond markets jumping for joy and yields dropping like a stone. Wall Street isn?t going to grouse about the host watering down the monetary punch just a little...
HAVE PHONE, WILL TRAVEL If you like the idea of a global phone but can't afford thousands of dollars for a bulky satellite model, Ericsson's new I 888 World ($299) might fit your budget, and briefcase, a little better. Using the newer GSM cellular network, the 6-oz. phone works in 48 countries, from Iceland to Indonesia, and bills international calls at $1 to $2 a minute. A built-in infrared modem lets you send e-mail wirelessly from one of the many notebook computers equipped with an infrared port. The glacial 9.6-kbps transmission rate, however, billed...