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...about $116 million less in Internet companies. When it comes to the firms still in their portfolios, VCs are demanding tighter cash management and better results. And when it's clear that one of their charges isn't likely to pull through, the backers are simply pulling the plug...

Author: /time Magazine | Title: Nothing Ventured | 3/19/2001 | See Source »

...other scientists running to southern Colombia. Because Galeras hovered just a few miles above the city of Pasto (pop. 300,000), the U.N. put the volcano on its list of natural hazards in need of urgent attention. After shaking and coughing small eruptions for months, Galeras squeezed a plug of lava onto the surface that it blew apart in a dramatic eruption on July 16, 1992. Given the mounting activity, Williams had no problem enticing volcano experts from 14 countries to attend a Galeras workshop that he organized in January 1993. The scientists' goal, as always in volcanology...

Author: /time Magazine | Title: The Crater Of Death | 3/19/2001 | See Source »

...Enron deal was meant to be the solution?at $2.83 billion it was the largest single foreign investment in India ever?and an important litmus test for the country. Did the backward giant want to plug its gaping infrastructure gaps? The Maharashtra State Electricity Board agreed to buy all the power produced by Dabhol, and the pricing formula was shrewd: in the event of oil price increases or devaluation of the Indian rupee, the Electricity Board pays more. Well, oil has gone up and the rupee has gone down since Dabhol's 740 megawatt plant went operational two years...

Author: /time Magazine | Title: Bright Lights, Big Bill | 2/26/2001 | See Source »

...pull the plug on one system and turn on the other," Lee said...

Author: By Kate L. Rakoczy, CRIMSON STAFF WRITER | Title: Six Years Later, New HOLLIS on the Horizon | 2/22/2001 | See Source »

PRETTY SHARP The Sharper Image, that glitzy mail-order purveyor of talking chessboards and ionic hair dryers, has a new item that may actually be of some use, especially in counties that prohibit dialing while driving. The cleverly named Car Cell Phone System ($130) is a plug-and-play speakerphone for Nokia and Motorola models that doubles as a handset recharger. Not sharp enough? It comes with a built-in digital recorder that, when activated, grabs the previous 20 seconds of your conversation or message...

Author: /time Magazine | Title: In Brief: Feb. 12, 2001 | 2/12/2001 | See Source »

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