Word: lynching
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Dates: during 1990-1999
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...Dixon, like most analysts, forecasts 18% to 20% increases in cash flow to $5 billion in 1999, and combined revenues above $20 billion. Both CBS's and Viacom's stock rose on the news, finishing the week at $51.81 and $47.19 respectively. "It's just perfect," says Merrill Lynch analyst Jessica Reif Cohen. "It gives them all the key assets they need...
...selling over? No one knows. "On a valuation basis, there's still plenty of downside left," warns Henry Blodgett, a Merrill Lynch analyst. His main concern is that the explosive growth in the numbers of people going online for the first time is reaching an end. Roughly half the U.S. population is already there, so new users can't keep doubling each year. In fact, the Net selling began just as April data showed month-to-month new users and hours logged on flattening...
...successful," says TIME Wall Street columnist Dan Kadlec. But failure isn?t against the law, and after the report?s release, trading firms were scrambling to remind regulators -? and the public -? that a few unscrupulous apples aside, what they sell isn?t any different than a job at Merrill Lynch: it?s an opportunity to play the markets with the big boys. The only difference is whose money gets put on the table. At Merrill, winners get rich and losers just get fired. In day-trading, winners get rich but losers go broke. Regulators don?t have a problem with...
...Fiorina faces a slew of similar challenges as a company renowned for its engineering proficiency takes on fleet competitors like Dell and Sun Microsystems, which have decidedly jazzier images. "The old joke about HP is they'd market sushi as cold, dead fish," says Merrill Lynch analyst Steve Milonovich. "Right now they just don't have much of an Internet aura." Company officials admit they've been a little bit late to the I-party, losing critical market share to Sun in the server business and playing catch-up with its highly touted e-services offerings. "Clearly, we need...
...almost three times what the U.S. will likely manage in this fairly sizzling year. And global investors, feeling some drag in American markets, are looking to Japan for the next big ride. "The jump in the Nikkei is very real," says Chuck Clough, chief investment strategist at Merrill Lynch. "I believe it could reach 36,000 in two years." That greedy mantra--a 100% return in two years!--has sent billions of dollars and euros thundering into Tokyo. And it is freaking out the Japanese...