Word: indexable
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...folks at McGraw-Hill, who keep the averages, are a secretive bunch. They didn't explain why Laidlaw, an obscure Canadian company, got the ax and Yahoo got in. But one thing is certain. If this index is going to maintain its integrity as a diversified assemblage of our industrial might, there are more Yahoos ahead. They might not all have the same pop as Yahoo, in part because much of Yahoo is closely held. But because of the newness of some of the candidates and how much is owned--and not traded--by venture capitalists, the pickings here could...
Right now there are more large-cap companies outside the index than at any other time in history, because of investors' massive reweighting toward technology companies. Among those we consider potential admittees are JDS Uniphase, a $42 billion fiber optics company; online retailing colossus Amazon, with $36 billion in market cap; and Veritas Software, no Microsoft but certainly no slouch, with $28 billion in stock-market value. We wonder whether CMGI ($23 billion) or Internet Capital Group ($28 billion) can be kept out for long. Or how about Broadcom, or just created Red Hat, Sycamore, Juniper and Akamai, all with...
...Back-in-the-day, as one is wont to say, we had CB jackets with Freaky Freazies inside. No need for smart wool jackets or canvas my-first-briefcases. We'd wrap a sheet of strawberry Fruit Roll Up around our index finger, then lick. Eeew. Anna stuck a tic tac up her nose. (The school nurse used tweezers to dislodge the one-calorie mint...
...door to their bedroom, where clothes are strewn across the floor and bed, into the lair of McCain's 13-year-old son Jack, where a 25-in. iguana is staring back from a glass case. "We've had him since he was this big," McCain says, holding his index fingers about 5 in. apart. Standing there, he remembers the question about New Hampshire. "I don't know," he says matter-of-factly. "Maybe I have peaked too soon." But then he dismisses the notion--"We're still way behind" everywhere else--and the thought seems to give him energy...
...does flirting become a real problem? Ask MeShelle Locke, 16, of Lacey, Wash. On Nov. 5, she was kidding around with a boy in English class at North Thurston High. He made some wisecrack to the teacher, and Locke looked at him, made a gun with her thumb and index finger, and said, "Bang." The boy, whom she often joked with, wondered if it was a threat. "No," MeShelle said lightly, "it's a promise...