Word: low-cost
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...executives at the top of the Internet food chain to convert that low-cost enthusiasm and work-is-play lifestyle into publicly traded companies worth millions of dollars. And a number have succeeded: TheGlobe.com's chairman Michael Egan is worth about $200 million; StarMedia CEO Fernando Escuelas, 32, now has a net worth of $256 million. Josh Harris, chairman and founder of Pseudo.com stands to make millions when Pseudo goes public later this year...
...innovative program that represents elderly inmates at their parole hearings and helps find a place in the community for nonviolent geriatric inmates, has helped 200 prisoners 55 and over win parole. Half were released to the custody of relatives. Others were accepted into halfway-house programs and church-run, low-cost apartments. Turley argues that states could reap tremendous savings by diverting just a fraction of corrections' budgets into post-release housing alternatives...
Unfortunately for the industry, one of the most popular ideas, at least for now, is to have practically no manager at all. Nearly one out of every five new investment dollars is now going into low-cost index funds, which automatically mirror the performance of benchmarks like the Standard & Poor's 500. Already this year $18 billion has flooded into Vanguard, the behemoth that pioneered the practice. Says John Rekenthaler of funds researcher Morningstar. "Indexing is an ongoing challenge that most of the competition is not facing...
...intervene, which seems plausible, popular resentment over the company's connections with Suharto might encourage the new government to re-evaluate even the revised contracts, or to further jack up royalty payments, just as copper prices seem to be turning up. That in turn could erode the firm's low-cost structure. Even worse, Jim-Bob Moffett's old friends in high places would no longer be there to help...
...recommend a low-cost SLIDE SCANNER...