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...later, they thought, the big brands like Lauder, Lancome and Chanel would come on board. "The start-ups' lack of knowledge was painful," says Allan Mottus, an analyst who consulted for several beauty sites. "They should have taken their $50 million and thrown a big party rather than invest in a market where they couldn't sell 70% of the products...

Author: /time Magazine | Title: Looks Can Be Deceiving | 6/5/2000 | See Source »

...Barak: Five years ago it was not ripe. The Hezbollah made major mileage since then. We had to invest much more. We ended up with armor against explosive charges of 50 kilograms. It's a monster. When we began, we defended our cars against mines. A mine is maybe 10 pounds of explosives. So they put two mines together. So you make the cars heavier. So they go into highly sophisticated digital processors for the coding. So we came into encoding and EW. Then they began to use anti-tank Tow missiles, very accurate. You find yourself in a quiet...

Author: /time Magazine | Title: Barak in His Own Words: A TIME Exclusive | 6/1/2000 | See Source »

Trust me; your school doesn't need more money. It can invest in South Africa now. Universities are some of the richest institutions in the world. My school, Stanford, has an endowment larger than Milton Berle's. It has purchased ridiculously expensive pointy metal art installations and put them in the middle of a playing space for faculty children just because it had to use up some art fund. It needs money like I need a call from Milton Berle about that endowment joke...

Author: /time Magazine | Title: Be Cruel to Your School | 5/29/2000 | See Source »

...year bond yields get over 7 percent, with absolutely no risk, money gets shifted out of the techs and put elsewhere." And then there are the fundamentals, which were never the tech sector's strong suit anyway. "When rates go up, companies don't have as much money to invest in new technology. That cuts into tech firms' sales, which makes those P/E ratios look even worse." In any case, whenever a Fed chairman can't stop the economy, trouble is definitely in the wind. And now that investors have glimpsed the tech sector's mortality, and read the news...

Author: /time Magazine | Title: How NASDAQ Became Afraid of the Big Bad Fed | 5/23/2000 | See Source »

...hoped the euro would compete with the dollar as an international currency of choice. Instead, the euro has fallen more than 20% against the dollar, a poorer showing than even the most pessimistic predictions. Betting on what kind of money people want to use is a dangerous way to invest...

Author: /time Magazine | Title: Will Cash Completely Vanish? | 5/22/2000 | See Source »

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