Word: marginal
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...that investors have shown they are willing to overlook the bad climate when specific company fundamentals improve. Last week tech giant Cisco reported a quarterly profit that was 1[cent] a share better than expected - and the market soared for a day. Especially encouraging were Cisco's wider profit margin and depleted inventory. But it will take a drumbeat of such news to turn around negative market psychology...
...richest Americans, with a $1.4 billion net worth, his fortune is in peril. At a time when other infamous chief executives have covertly jettisoned their company stock, he has stubbornly held on to his 27 million shares of WorldCom, many of them bought with margin loans. WorldCom executives say privately that Ebbers agreed to resign largely so he could focus on selling off real estate assets, perhaps even his beloved $60 million ranch in British Columbia...
...about the same time, the world began to learn a lot more about WorldCom's big loans to Ebbers, intended to help him pay off margin loans so that he wouldn't be required to sell huge blocks of WorldCom stock--a move that might stampede already jumpy investors. Ebbers last week said he had "a 1,000% clear conscience" about the loans, $366 million of which he still owes. But he conceded, "We probably shouldn't have done it." Says a top WorldCom exec: "Tying up so much of your financial life in one single investment like that...
...other matches were suspended per NCAA rules, making the final margin of victory...
They were also able to cut Yale’s margin by two seconds, surpassing a higher-ranked Princeton and remaining within striking distance of Brown...