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