Word: presciently
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Vinik, for his part, has trimmed his tech holdings to about 30%, according to Eric Kobren, the executive editor of Fidelity Insight. One major decision was to sell off shares in computer chipmaker Micron Technology, which tech experts believe was a prescient move. The semiconductor industry is building so many new plants that prices and profits are sure to go down. But at about the time Vinik was dumping Micron shares, he was publicly touting the stock. The Securities and Exchange Commission is looking into his activities to see whether Vinik's comments were an improper attempt to keep Micron...
Democratic nations," wrote the ever prescient Alexis de Tocqueville in Democracy in America, long ago in 1840, "will habitually prefer the useful to the beautiful, and they will require that the beautiful should be useful." What would Tocqueville have thought of today's assaults on the fabric of America's public culture...
Meanwhile, in a prescient stroke of network scheduling, Grant and Wednesday's other celebrity arrest -- former White House press secretary Dee Dee Myers -- were both slated to appear on the July 10 edition of "The Tonight Show with Jay Leno." No one knows whether Grant will show, but Myers -- as her publicist put it -- is "still booked...
...Standard sprang from a series of attention-grabbing memos by Kristol when he was chairman of the Project for the Republican Future, the most famous of which declared, "There is no health-care crisis," and the most prescient of which provided a blueprint for conservatives becoming a governing majority. Last October, Kristol and Podhoretz decided that these papers could also be the blueprint for a new magazine. They arranged to meet Murdoch for dinner in Beverly Hills, California, and suddenly those memos were worth $3 million more than the paper they were printed...
...take on the midterm elections, one unlikely outsider was sending an alarm. Dick Morris, a Democratic turned Republican consultant who had worked for Clinton in Arkansas, told the President the Democrats would lose 50 seats in the House and control of the Senate as well. The prediction was so prescient that Clinton, though hardly lacking for advisers, has continued to partake of Morris' counsel, usually over the phone but sometimes during private sessions in the White House residence. He even directed the Democratic National Committee to hire Morris's favorite polling firm, Penn & Schoen Associates of New York City, which...