Word: indexes
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Dates: during 1980-1989
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During the record-smashing Wall Street rally that started last fall, even the long-moribund technology stocks have come back to life. Since October, according to the California Technology Stock Letter, shares in its index of 30 high-tech companies have climbed about 22%. Cashing in on that market strength, Microsoft, the second-largest independent manufacturer of computer software (1985 revenues: $163 million), announced last week that it will make an initial public offering of 2.5 million shares in March. The Bellevue, Wash., company hopes to garner $16 to $19 for each share. Microsoft may serve as a bellwether...
...bill, the Republicans told Reagan, did not reflect his original tax- reform plan. It had been usurped and ideologically warped by the Democrats, they said. Reagan listened patiently. Then he pulled out a packet of index cards and began a prepared response. He understood the Congressmen's concerns. He too would oppose the bill -- if it were unchanged in the final version. But for the process to continue, the bill must be passed and sent to the Senate, where it could be improved. If killed in the House, there would be no second chance...
...Give me one more chance?" He holds up an index finger...
...motifs and replaying them on different instruments of drawing, Bartlett played fast and loose with the old saw about art aspiring to the condition of music, even if the fugue was thin and scratchy in parts. The work's elaborately systematic nature pleased those who took system as an index of virtue in art. But because the system was full of quirks, and especially because it depicted something--landscape, which is to American painting what sex and psychoanalysis are to the American novel--other viewers, tired of the dry oats of conceptual art, could gratefully latch on to Bartlett...
...whole, cheap oil has far more positive effects than negative ones. Says Robert Ortner, chief economist for the Commerce Department: "It is a very potent boost for the economy." Since energy costs make up about 10% of the Consumer Price Index, smaller oil bills provide the economic elixir of growth without inflation. Many businesses get a huge profit lift from lower energy costs. The airline industry, for example, saves $110 million for every 1 cents drop in jet-fuel prices...