Word: payoff
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That said, there are reasons to invest in the wonder-drug business. A potential huge payoff certainly is one. Last July, MedImmune's infant-pneumonia drug, Synagis, passed a significant clinical hurdle, and the stock shot from $15 to $55. More fundamentally, though, biotech stocks as a group have been woeful laggards for three years, and may represent the broadest base of value in today's sky-high stock market...
...reclusive 81-year-old who owns 13.8 percent of Chrysler. Back in 1990, he was derided for his interest in the once-struggling Michigan firm's stock. Now, if shareholders and governments on both sides of the Atlantic agree to the merger, he will reap a satisfying $5 billion payoff -- more than triple his original investment. Who says you shouldn't throw money at Motown...
...payoff can be awesome: 79 million boomers have begun to turn 50 at the rate of one every eight seconds or so. That's why this $300 billion industry is the most profitable segment of the FORTUNE 500. Pfizer's impotence pill, Viagra, already the hottest new drug launch ever, could reach $2 billion in sales by the year 2000. Delirious investors pushed Pfizer's stock from about $45 a share a year ago to $118.25 last week...
...these new plans with a huge payoff from a tobacco [lawsuit] settlement," Riley said. "Soon our kids will have a little more Shakespeare in their blood and no more of the nicotine from tobacco...
Technology, democracy and capitalism, the themes of this decade, interreact. PCs may have been born in the '80s, but the productivity payoff came in the '90s. (It took 10 years to figure out how to use the damned things!) Thus technology added mightily to this decade's prosperity, which reinforced the prestige of capitalism. Capitalism, meanwhile, repaid the favor. A few years ago there was talk of the government's spending billions to build the "information superhighway." Then that highway sprang up overnight. Although the roots of the Internet are in the Defense Department, the Web's sudden arrival...