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...combination of reasons--not all of them clear--1 out of 8 babies in the U.S. is born at least three weeks before it is due. Even more alarming, that ratio represents a 27% increase since 1980. Advances in neonatal care have saved many children who might otherwise have died. And lots of babies who leave the intensive-care unit grow up to be healthy, vibrant adults. But no incubator--no matter how high tech--will ever replace the womb. The goal, as doctors and nurses who treat ultrafragile preemies will tell you, should be to keep infants from ever...

Author: /time Magazine | Title: Health: Born Too Soon | 10/18/2004 | See Source »

...Follow the Money The ratio of eyewitnesses who support John Kerry's Vietnam War record to those who do not can only be described as overwhelming. Yet your Notebook report "Kerry in Combat: Setting the Record Straight" [Aug. 30] allowed baseless accusations to be elevated to charges worthy of serious contemplation. Follow the money that subsidizes the calumnies of the Swift Boat Veterans for Truth. The trail leads to well-bankrolled Republican Party operatives doing what they do best: smearing good people and lying to American voters. David Federman Narberth...

Author: /time Magazine | Title: Letters | 9/27/2004 | See Source »

...ratio of eyewitnesses who support John Kerry's Vietnam War record to those who do not can only be described as overwhelming. Yet your Notebook report "Kerry in Combat: Setting the Record Straight" [Aug. 30] allowed baseless accusations to be elevated to charges worthy of serious contemplation. Follow the money that subsidizes the calumnies of the Swift Boat Veterans for Truth (SBVT). The trail leads to well-bankrolled Republican Party operatives. DAVID FEDERMAN Narberth...

Author: /time Magazine | Title: Letters: Sep. 20, 2004 | 9/20/2004 | See Source »

When comparing banks, consider price-to-book and price-to-earnings ratios, which tell you how much the market is willing to pay for the bank's assets and earnings, respectively. The idea is to seek out ratios that are lower than those of other banks; this indicates that the companies are "cheap" and more likely to be bought. A buying bank typically pays 2 to 2 1/2 times book value when acquiring another company, so look for a price-to-book ratio below 2. Look for companies growing close to their price-to-earnings ratios. Many banks have forward...

Author: /time Magazine | Title: Investing: Taking The Bait | 9/20/2004 | See Source »

...forget that if the bank doesn't get bought, you'll still own it. So seek solid management, not too much reliance on mortgage lending (since interest rates are rising) and a healthy dividend payout ratio (dividends paid divided by earnings). That ratio currently averages 43% for the industry. Says fund manager Anton Schutz: "You might as well get paid to wait...

Author: /time Magazine | Title: Investing: Taking The Bait | 9/20/2004 | See Source »

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