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Many Wall Street watchers are worried that the lofty prices of some IPO shares could soon plummet. "I think we've got a bubble here," says Daniel Miller, managing director of the $20 billion Putnam group of mutual funds, based in Boston. "The first things thrown out in a bad market are the newer ipos." The risks only grow when mutual-fund managers--the institutional investors who are driving much of the stock boom--find themselves with little time to evaluate new issues. Nearly 40 new companies went public the week of Dec. 10 alone, as many as might have...

Author: /time Magazine | Title: THE ART OF THE DEAL | 2/19/1996 | See Source »

Under a flat tax, the middle class would pay about the same or even a little more in Federal income tax than they pay now. Barring a magical supply-side rejuvenation of the economy, tax revenues would plummet, forcing further reductions in government services. However, Forbes has made the flat tax the corner-stone of his campaign and it is responsible for much of his success...

Author: By The CRIMSON Staff, | Title: Forbes Buys The Primaries | 2/7/1996 | See Source »

Even the track "Rilkean Heart", with gorgeous vocal harmonies and exquisitely timed instrumental accompaniment, is marred by Fraser's lyrical weaknesses. The song manages to sidestep the bottomless well of self-pity into which most breakup songs plummet, but Fraser still sounds as though she's reading from a self-help book: "I looked for you to give me transcendent experiences... I'm so sorry...

Author: By Nina Kang, | Title: Cocteau Twins Lose Their Angry Roots | 2/1/1996 | See Source »

...important for this committee to get under way," said Rev. Peter J. Gomes, Plummet professor of Christian morals and a member of the committee. "I am satisfied with what the original proposal states...

Author: By Valerie J. Macmillan, | Title: FAS Solidifies Committee on Public Service | 12/13/1995 | See Source »

MICHAEL JACKSON Sales of HIStory flag; he does a nude scene in new video; sales of HIStory plummet...

Author: /time Magazine | Title: Winners & Losers: Aug. 14, 1995 | 8/14/1995 | See Source »

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