Word: moneys
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Dates: during 1990-1999
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...freshly minted Internet stocks, if only to flip them back into the market for one-day gains. The days when every Internet IPO would double or triple on the first trade have vanished. But most still go up a quick 20% to 30%, low-hanging fruit for any money manager who can get shares at the IPO price. Lately, though, even the easy money has been harder to come by. A handful of recent Internet IPOs quickly fell below their IPO price, and dozens trade below the price of the first trade, which is the price that most individuals...
That doesn't mean the window is being slammed shut on Internet entrepreneurs. Far from it. The investors who really count in the IPO game are institutions, and they've all made plenty of money by buying at the IPO price. They will continue buying. There is little reason for issuers to pull back, and few have. Last week Drkoop.com a consumer health-care site headed by the former Surgeon General Dr. C. Everett Koop, doubled the first day, proving that a good story still sells. High-profile CNN anchor Lou Dobbs has announced that he will resign to start...
...think it's a bad market for quality companies," says Jay Walker, founder of Priceline.com a money-losing e-commerce site whose value soared 10-fold, to $23 billion, a month after its March IPO and is now at $13 billion. "If eBay went out today, it would still soar. But the fantasy stocks are back where they belong. People are looking for real traction, real sales, real growth." And maybe a little panache...
...evenings watching movies with their friends. They are usually unsupervised and getting into trouble. They are going to parks to get drunk and high. Kids will be kids, but someone needs to explain reality. Society should embrace children and teach them not just about algebra and how to make money but also about life. KATE FIELDS Washington...
...president of Fox, who used to run Comedy Central. "They're the closest thing to rock stars I've encountered in the television business." Perhaps their ultimate punk statement is their next project: the prequel to Dumb and Dumber. "That," says Parker, "was pretty much just for the money...