Word: margin
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...glimpse into the greatness of Tiger Woods, look past his runaway victory in the British Open at St. Andrews last month. Forget his triumph--also by a record margin--in the U.S. Open at Pebble Beach in June. And set aside his prospects for stomping the field in another major tournament, next week's PGA Championship at Valhalla. Consider, instead, what Woods did right after he dominated the 1997 Masters. He studied videotapes of his performance: blasting 300-yd. drives, hitting crisp iron shots right at the pins, draining putts from everywhere. And he thought, as he later told friends...
Adds Nicklaus: "Tiger is better than the other players by a greater margin than I was." Translation: Who does Tiger have to beat? Els and Vijay Singh, who have won two majors each? Duval and Phil Mickelson, who have won none? I had to beat Arnold Palmer, who won seven majors; Gary Player, who won nine; Lee Trevino, who won six; Tom Watson, who won eight. Speaking of the succession of seasoned players he challenged and was challenged by, Nicklaus says, "I always enjoyed that. Tiger hasn't had that yet--but he will." And we have that to look...
...ability to hold firm on declines. Hence they tend to be bearish. The NASDAQ slide since mid-July bolsters that view. And McCabe notes that speculative fever remains high, evident in a vibrant IPO market. John McGinley, editor of Technical Trends, worries about the recent slide in margin debt--money borrowed to buy stocks. You'd think a decline in that figure would be healthy, signaling that investors are more cautious. But McGinley reads the decline from the March record of $279 billion to June's $247 billion differently. "People have been wiped out," he says. "They have no money...
...Sydney, Thompson is a threat to spoil the party for the gold-hungry Australians because she combines technical perfection with an aggressively competitive psyche--either of which could provide a margin of victory in races that are often won by hundredths of a second. In the fly, her muscular shoulders power in and out of the water with such remarkable grace that Quick points out the obvious: "Watch Jenny's stroke. It's the best in the world...
...Independent Agencies subcommittee, is home to the Marshall Space Flight Center. Whether scattering space-station work this way has changed individual lawmakers' minds is impossible to say, but Congress has clearly grown to like the project. In 1994, the station's one-vote funding margin grew to a comfortable 278 to 155. In 1999, it was a landslide...