Word: paybacks
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With rates on certificates of deposit dropping to their lowest levels ever and stocks at near record highs, IPOs look irresistible. They tend to outperform the market, at least in the beginning. The payback on this year's IPOs has hovered around 30%, compared with 5.3% for the Standard & Poor's index of 500 stocks. IPOs also give investors an opportunity to get in on the ground floor of what might be the next Apple Computer or Microsoft. But for every Microsoft, there are five flops, like MathSoft. And that's what makes market watchers nervous...
Lost in the popular outrage over the low payback rate was much of the work Murphy did during the past year to change the way the Coop does business. Murphy's reforms could have their first important impact when the 1993 rebate is announced later this month...
Lost in the popular outrage over the low payback rate was much of the work Murphy did during the past year to change the way the Coop does business. Murphy's reforms could have their first important impact when the 1993 rebate is announced later this month...
...several notorious mass murderers, including Jeffrey Dahmer and Ted Bundy. It also referred to a 1984 bloodbath at a McDonald's in San Ysidro, California -- and police speculated that Terres' rampage might have been a copycat massacre. On tape, Terres stated, "Society screwed me, and now it's payback time." He may have been referring to the company that he claimed fired him in March, or to the 16- year-old girlfriend who dumped him in July...
...There's a payback, isn't there?" says Director of Nursing Bonita A. McCormack. "If you have better technology, you can operate more efficiently down the line...