Word: scenarios
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That's the kind of news the market likes to hear. The Labor Department Friday sent the Dow scooting up 300 points to a record 11,340 and NASDAQ blasting up to 3,500 for the first time. The impetus was an unemployment report that contained the best possible scenario for Wall street - continued healthy job growth but no sign of wage inflation. "In investor psychology, the unemployment figures are the most important of all economic indicators," says TIME senior business writer Bernard Baumohl. "It indicates both the strength of the economy and the potential for inflation, and Friday...
...charges are not ultimately dropped, Averell could face "a relatively minor fine, if anything. In the worst case scenario, this will be considered an extremely minor infraction," Cronan said...
Happily, not many geeks in the know are betting on a real-life replay of NBC's nightmare scenario. Talk to the software engineers, the ones who have been wading knee-deep in the raw computer code for some time now, and you'll find they are hardly planning to head for the hills. "I have no stockpile of water at home and no generator," says Microsoft's Y2K director Don Jones, "and I have a nine-month-old son. My wife says, 'Shouldn't we at least do a little something?'" Only as much as you'd prepare...
Then comes the feature, and charm is replaced by the dull treatment of a way-too-familiar scenario. As in the James Bond film The Man with the Golden Gun, an evil genius lords it over a mountainous island patrolled by a supermonster. The monster here is Mewtwo, a kitty clone or copycat of cuddly Mew. And as in Toy Story, the old-fashioned toys (like Mew) have to teach the mechanized ones (like Two) a bit about human values...
...However, the 1999 season has made for a different scenario--going into the last game of the season, it is Yale who is looking to walk off with the Ivy championship. Deadlocked at the top with Brown at 5-1, Yale is hoping for a Bear loss and a Bulldog win to capture the Ivy title outright. Harvard could play the role of the spoiler, however such circumstances do not play into Menick's motivations...