Word: paces
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Dates: during 1990-1999
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SNAKE EYES (Aug. 7). Since his Oscar turn in Leaving Las Vegas, all Nicolas Cage has done is star in three action films that each topped the $100 million mark and, for a romantic change of pace, made audiences believe in angels. So don't discount this Brian De Palma crime thriller...
Which is what Nory does, everlastingly. Without a discernible beginning, middle or end, Baker's delightful change of pace can be summed up as: an American girl abroad looks around and thinks. Her observations and reflections are presented in 54 short, numbered sections. Reading them is similar to listening to a series of piano etudes, each with its own theme playfully developed. Baker's neat trick is to make the difficult task of conveying an emerging childhood consciousness look easy and innocent. There are no yucky parts. As Nory, pretending to be her mother, says, "There are, it is true...
...work properly. (Microsoft says early bugs have been fixed; we'll see.) Then there's Win 98's gluttonous appetite for hard-drive space: if you upgrade, be prepared to surrender around 70 megabytes. But for serious PC users, that's a small price to pay to keep pace with the ever improving Windows. Hey, these days it's almost as good...
Lately, corporate managers have been selling at a fever pace, a sign that they believe the market is vulnerable. For months, insiders (corporate officers required by law to report when they buy or sell their company's shares) have been selling more than three shares for every one that they buy--the highest level in a decade, says Bob Gabele, who tracks such activity for CDA/InvestNet. "The selling has been broad and active for several quarters," Gabele says. "It really does look like a trend." Even at such blue-chip companies as GE and Procter & Gamble, where insiders rarely sell...
Meanwhile, the pace of corporate stock buybacks is slowing. In the first quarter, companies announced plans to repurchase $39 billion of their own stock, down from $52 billion during the same period last year. At the same time, companies are flooding the market with new stock: $34 billion in the first quarter, vs. $28 billion last year, according to Charles Biderman, president of Liquidity Trim Tabs, an investment newsletter. Buying less, selling more...