Word: morganized
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Dates: during 1990-1999
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...York Venture Fund). Last year ended badly for the brokerage stocks, and Davis says they are cheap. If the U.S. stock market in general does poorly, the brokerages will suffer with the rest, but if U.S. stocks do O.K., the brokers should do particularly well. Among others, he likes Morgan Stanley, a player in the global market selling at 12 times earnings...
...they will keep on coming. Says Duncan Richardson, a portfolio manager with Eaton Vance of Boston: "We're in a world of single-digit growth. If you find an investment north of 15% a year, you're probably looking to a technology company." Byron Wien, a managing director of Morgan Stanley, feels the technology group is in a long-term growth phase rather than the kind of boomlet experienced by energy and casino stocks in the late 1970s. Mutual-fund managers with big investments in technology insist the industry has grown so big and diverse that it's unlikely...
Kedlaya, a resident of Maryland and a math and physics concentrator, was recommended to the Morgan Prize Committee by Joe Gallian of the University of Minnesota, Duluth. In high school, Kedlaya was a three-time winner of the USA Math Olympiad and won two gold medals and a silver medal at the International Math Olympiad...
...Morgan Prize was endowed last year by Mrs. Brennie Morgan to "encourage research in mathematics by undergraduates." Kedlaya and Kannan Soundararajan, a Princeton graduate student, are the first students to be awarded this honor...
Students can receive applications directly from the Morgan Prize Committee and the SIAM World Wide Web site, or they can be nominated by a professor...