Word: launching
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Dates: during 1990-1999
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People generally want to avert their eyes from the sight of those dealing with overwhelming physical challenges. But CHRISTOPHER REEVE won't let us. Reeve's book Still Me lodges itself at No. 1 on various best-seller lists. No wonder. By the day of his book-launch party, Reeve had already appeared on the Late Show with David Letterman (who, oddly, did not use the opportunity for a guest-specific Top 10 list), the Today show, Oprah, 20/20 and Larry King Live and done countless print interviews. Writing the book, Reeve says, "was one of the highlights...
...sang songs so personally that he was remade in the image of the music, and the image shifted with each new generation. In the 1930s he quickly left his skeptical parents behind to launch a career based on iron self-confidence. In the '40s, married to his doting first wife Nancy, he was the heartthrob balladeer who sang I'll Be Seeing You to World War II G.I.s and their sweethearts. In the '50s, the persona went to war with the man. Sinatra at ballad tempo was the soul-sick, lovelorn, solitary man who closes down a midtown saloon...
Then there's the one about Denver architect William Elkjer, 57, who always wanted to launch himself on an adventure he would remember forever. In April, he and his wife Candy took an eight-day, professionally led dogsled trip across 180 miles of Alaska. Elkjer cashed in all of his Diners Club points--500,000 of them--to take the plunge. "I had been saving these points for years for something special," Elkjer says. "This was really an event of a lifetime...
...Robert Bednarek is preparing to do with Wednesday's announcement that the company isn't likely to recover its wayward Galaxy 4 satellite. The numbers are not pretty: The company had insured Galaxy 4 for about $150 million, but it will cost an estimated $250 million to construct, launch and insure a replacement next year. That's not even counting losses from service disruptions brought on by Galaxy 4's demise...
...risks are especially acute in the complex world of biotechnology, where each of some 300 public companies, including EntreMed, claims to have one or more wonder drugs in research. Those claims make terrific investment pitches, and on the heels of a successful new drug launch--Pfizer's impotence pill, Viagra, in this case--investors can get, uh, excited. The reality, though, is that maybe 10% of today's biotech companies will ever bring a blockbuster drug to the market. Those that do will enrich shareholders. But casual investors face long odds trying to be in the right stocks...