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...investors will ultimately be burned," says Joseph Lau, a director at Tai Fook Asset Management. Optimists point to China's bottomless labor pool and insatiable demand as evidence that this may not be a bubble at all; the Chinese economy is growing exponentially as a new middle class takes shape, they argue, and that should continue to drive stocks higher. Most of the companies going public are solid operations with proven track records, state backing and large market shares in well-understood industries - not Internet start-ups. The dotcoms "were selling a concept, but most of the companies listing...

Author: /time Magazine | Title: Heading for a Big Bang? | 2/15/2004 | See Source »

...Arts and Leisure section, with essayish reports on social trends and features on and criticism of music, film and art. But the Times, like most journalistic enterprises these days, is avid to get younger; ?CBS SM? is content to be late middle-age (though it keeps in excellent shape). I don?t mean to shove this notion in the show?s face, but ?CBS SM? is a newsmagazine show for alter-kockers...

Author: /time Magazine | Title: That Old Feeling: Sunday Morning Going Strong | 2/13/2004 | See Source »

...Beginning on January 28, 1979, the forthrightly folksy Kuralt carved a 90-min. cease fire each Sunday morning. His first story was on a fellow who played ?Dream? on a saw. Jogging with a centarian in better shape than he was, the hefty Kuralt fell out of step and muttered, ?Humiliated by a 104-year-old man.? The show itself moved at Kuralt?s pace and with his interests, searching out the underappreciated overachievers, the local good-deed-doers. On other news-and-entertainment shows, an editor might dump a story on a worthy anonymity; ?CBS SM? would say that...

Author: /time Magazine | Title: That Old Feeling: Sunday Morning Going Strong | 2/13/2004 | See Source »

Yale had a different idea, shaking off an eight-game losing streak against Division I teams to edge the Quakers, 54-52, before falling to the Tigers, 49-47. At 1-3, the Bulldogs weren’t in great shape, but they had survived a weekend with the “Ivy Undertakers”—Penn and Princeton...

Author: NO WRITER ATTRIBUTED | Title: Revitalized Bulldogs Shake Up Ivies | 2/13/2004 | See Source »

...same is true for Yale’s travel partner Brown, but the Bears’ sweep of the Bulldogs puts them in slightly better shape heading down the stretch. With only two conference losses, Brown controls its own destiny and can force at least a playoff if it wins...

Author: NO WRITER ATTRIBUTED | Title: Revitalized Bulldogs Shake Up Ivies | 2/13/2004 | See Source »

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