Word: schmo
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Dates: during 1990-1999
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...SOFTWARE. Monday-morning quarterbacks wonder just what precisely AOL is now. Since its humble birth in Vienna, Va., as Quantum Computer Services in 1985, the company has focused on one thing: creating an attractive online experience for the average schmo who can barely plug in his PC. It was a smart plan whose execution has been more or less perfect. The catchy populist name. That effortless user interface. Those millions of free starter discs. Those infamous chat rooms. And, of course, that cheerful robot chirping, "You've got mail" (now the title of a romantic comedy coming soon...
...SCHMO He seems to be getting a lot of work in films these days. His oeuvre...
...billion endowment into $4.6 billion--not too shabby. HMC avoided the 1987 stock market crash, but missed the boom which followed it as well. Over the period from June 1985 to June 1995, Harvard's annual return was only 13 percent. The Wall Street Journal has commented, "Any schmo could easily have beaten that simply plunking cash down into a lowcost mutual fund that mimics the behavior of Standard & Poor's 500-stock index." Moreover, for fiscal year 1995, the endowment returned 16.8 percent, a fairly paltry rate compared to the S&P's return of 26.1 percent...