Word: sand
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Sure, they can be confusing--just what does Cisco do?--and volatile and pricey. But even strict-value managers, who focus on low stock prices relative to earnings, buy them. "Get your head out of the sand," Scott Black at Delphi Management advises tech sissies. Look for normal stuff--little debt, market dominance, sustainable advantage, strong brand, good managers, a commitment to research and development. You can find tech companies priced right. Black's favorites include electronics suppliers Arrow and Nu Horizons...
Critics of the Senate's rejection of the Comprehensive Nuclear Test Ban Treaty have their head in the sand [NATION, Oct. 25]. We have not used nuclear weapons in more than 54 years, and we need not use them if we maintain Ronald Reagan's very simple, commonsense strategy whereby we will always be the biggest, fairest kid on the block. ROBERT H. BICKMEYER Troy, Mich...
...from his previous albums, including the rarely performed "Whipping Boy," a little less than half was dedicated to material from Burn to Shine. The most promising song from the new album is without a doubt "The Woman in You." With sparse riffs suggestive of Hendrix's "Castles Made of Sand," the song is both a musical and lyrical delight. Here the brilliant Hendrix lyrics "and so castles made of sand fall into the sea...eventually" become equally brilliant as Harper sings in perpetual falsetto--"the woman in you is the worry in me." The night ended with consummate tribute: Hendrix...
...past, the difference between a $250 million deficit and a $273 million deficit didn't matter," says TIME Washington correspondent John Dickerson. "The two sides would just raid Social Security. But the Republicans have drawn a line in the sand with spending caps, and Clinton has gone along with it." Hence the tortuous negotiations over relatively small amounts of money. Although Republicans appeared to be making concessions to the White House over funding additional police and paying U.N. dues, education is still shaping up as a fight. Although the two sides are only $200 million apart over how much...
...that are easier to reuse. For example, Jesse Ausubel, director of the Program for the Human Environment at Rockefeller University, predicts that architects will increasingly rely on new types of foamed glass that can be made unusually strong but still lightweight. Glass is a very recyclable material made from sand, and it can be crushed back essentially into sand. Ausubel thinks we could see foamed glass replace much of the concrete in today's buildings...