Word: mountains
(lookup in dictionary)
(lookup stats)
Dates: during 1990-1999
Sort By: most recent first
(reverse)
...back my dogs." Don't waste any sympathy on Gillett--he certainly doesn't expect any. Because Gillett is king of the hill again. Actually, 11 of them. His Booth Creek Ski Holdings Inc. has acquired 11 ski resorts in just over a year, the latest being Loon Mountain in New Hampshire. He's part of a trend in which four big companies--Vail Resorts, American Skiing, Intrawest and Booth Creek--are rapidly buying up ski areas. The four are banking on snowboarding youngsters and their two-planking boomer parents to create a new era of accelerating growth...
...irrepressible Gillett is a good bet to explore all avenues. By acquiring relatively modest sites like New Hampshire's Waterville Valley and Mount Cranmore, and California's Northstar-at-Tahoe and Bear Mountain, Gillett is hoping to create high-volume regional resorts within driving distance of major population centers--attractions for day skiers. "You've got to start somewhere," he says of this strategy...
Gillett personally relishes skiing "steep and deep," which is not a bad metaphor for his investment style. Like his earlier Vail venture, Gillett II rests on a mountain of junk securities, although these cost a mere 12.5% interest, well below the nosebleed rate for his last go-round. And this time he has two big partners: the John Hancock Mutual Life Insurance Co., which owns 50% of the ski operations, and the Canadian Imperial Bank of Commerce, which has 10%. Says Gillett, who has a hard time containing his optimism: "The demographics are with us. Skiing is at the same...
...Cold Mountain (Atlantic Monthly Press) Imagine Odysseus walking through the blue mountains of North Carolina in the ghostly half-light at the end of the Civil War. Charles Frazier's miraculous (and best-selling) first novel is as spare as timeless myth, one man's yearning homeward. Yet its deeply local details, its twiggy smell of roots and solitary eccentrics, evoke the spirit of Thoreau--and the Taoist hermits who once haunted the Cold Mountains of old China...
...that is the comet Hale-Bopp, which was for a while the world's most celebrated dot. Since it was an ancient dot, and one that got around a lot, it shed an astral glamour wherever it appeared. Like the President or Sharon Stone, it made everything, even whole mountain ranges, look more consequential beside it. So we nominate Hale-Bopp as Punctum of the Year, a year in which matters large and small left people unexpectedly moved...