Word: one
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Dates: during 1990-1999
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...home too. When your child asks you pointed questions, ask him what he thinks about the holiday, what he thinks it's really about, and what he likes most about it. If your child presses you on specifics--"How come you and Santa have the same wrapping paper?" is one of my favorites--Downey suggests you assure him that Santa has help from a lot of people, including...
...one of our wackier moments--racking our brains about how to force ourselves to learn these great new companies, with market capitalizations already north of $10 billion--we resorted to a Rotisserie League of our own, a stock Rotisserie League. In our league, which focuses on companies that help other companies mine the Internet (called business-to-business), we draft and play real-live stocks with a mythical million-dollar pool...
When my daughter pressed me on the Santa question, I told her that while I can't prove that there is a Santa, I also can't prove that there isn't one. I reminded her that we often believe in things, like God, that we can't see. And I told her, quite honestly, that every Christmas morning yields surprises for all of us, even grownups, if we're lucky enough to still believe...
...wouldn't make much, let alone beat the averages. All the action in this year's market has been in stocks of the moment, those newly minted dotcoms or dotcom-related issues that seem to soar 30 and 40 points at a clip. There's only one problem with owning them. Call us old-fashioned, but we like to know more about stocks than their symbols and past trajectories...
...League, have crash-coursed the whole 1999 new-stock lineup. We make our mistakes with phony money and save the real deal for the portfolio. Our draft may have lacked the tension of the NFL's live ESPN version, but it turned up such gems as VerticalNet, VeriSign, Commerce One and Ariba, companies that until I had to lay out 750 Gs of Rotisserie money, I couldn't do much more than ogle from afar. And in the B2B league there's no team I have to lose money on every week, as I do with the Eagles, my hometown...