Word: provee
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...still well above the norm of about 16. If profits grow as they have in the past, at about 7% annually, and the P/E multiple retreats to 16, the market will return zippo for five more years, except for an annual dividend of less than 2%. This assessment may prove too pessimistic. The recession depressed earnings; a robust recovery could drive them higher faster. But there's no realistic scenario in which stocks resume and sustain anything close to their '90s trajectory...
Determined to prove he was right, Kok rented a warehouse in the gray industrial town of Eindhoven and set about making CDs without the customary multimillion-dollar expense for "clean rooms" to keep stray dust motes and hairs from marring the discs. In place of these rooms Kok built a pickup-truck-size "in line" machine that handled all the stages of production in one clean, compact, enclosed location--thus slicing the cost of producing a CD to 18[cents], from the standard...
...favor of secret military tribunals. The French national was arrested in August 2001 after arousing suspicion at a Minnesota flight school and was indicted last December as a Sept. 11 co-conspirator, though his precise role in the plot has never been clear. Many Americans hoped his trial would prove that even in wartime, U.S. courts could do their job. But the scales of justice tip wildly when a defendant keeps turning his own proceedings upside down...
...From the start, however, the government has been accused of being less than vigorous in its prosecution. The indictments drawn up by the Attorney General's office focus on specific incidents, rather than attempting to prove a systematic campaign of terror by the military and its militia proxies. They charge military and police leaders (and Guterres) with failing to prevent the violence. The implication is that the murders, maimings and firebombings being dissected at the trials were a few extreme acts in an otherwise just and orderly operation. That's how the military wants its actions...
...data (as opposed to the relatively cheap voice) business up to their targets of around 25% of revenues by 2005 or 2006. (Even with the mass success of text messaging at 15? a pop, most get just 10% to 15% of sales from data.) This may prove harder than they hope; at the moment, a camera-ready Ericsson from T-Mobile runs ?317, with a ?32 monthly subscription for multimedia services on top of the usual bill for voice minutes. In an uncertain economy, how many people will pay that much? Prices will almost surely have to come down...