Word: prospectuses
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Dates: during 1990-1999
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First, what is Stern's value as a corporate asset? Not much, according to CBS, which bought Infinity in 1996 and sold 17% of it in a public offering earlier this month. Nowhere is Stern mentioned in a 183-page prospectus that is supposed to be the best source for valuing a newly traded stock. The bottom line is that Stern's continued success "is not a material issue" to the health of Infinity, says CBS spokesman Gil Schwartz. O.K. We all know that Stern's image is larger than his impact. Yet he's easily the company's most...
Gingrich's ambitions, it turned out, were even vaster than those suggested by his five-page prospectus. A couple of years later, the House Ethics Committee released an appendix to its report on the Speaker's various ethics problems. The appendix was an amazing compendium of Gingrich's notes, speech drafts, memos and correspondence--a glimpse into the soul of Newtworld's architect during his private moments. It included, among much else, a handwritten note by Gingrich from December 1992. "Gingrich--primary mission," it read in part. "Advocate of civilization. Definer of civilization. Teacher of the rules of civilization...Leader...
...Taking the plunge was a no-brainer. FORTUNE senior writer Andrew Serwer says Wednesday's IPO from EarthWeb practically screamed it: the Internet IPO feeding frenzy is back after two quiet months. Never mind that Theglobe.com admits in its prospectus that it plans to lose money "for the foreseeable future," or that the site's audience -- web surfers looking to build their own home pages -- doesn't make advertisers drool. Gentlemen, start your startups...
According to the Class of 2000 Prospectus, many admitted students hail from the other Ivies, as well as MIT and Stanford...
...perspire when you read the stories about the recklessness of the hedge-fund managers at Long Term Capital? Did you check out the mumbo jumbo in the prospectus of your mutual fund to see if it might be using your nest egg as collateral to borrow millions to bet on, say, the 49ers game? Relax. The securities regulators are better than you think. They worry more about you than about the folks who invested in Long Term--the sort who can drop $10 million without having to sell their jets...