Word: share
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Dates: during 1990-1999
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...harrowing treatment at the hands of the North Vietnamese, which not only lends credibility to his call for all-out war against Milosevic but also weighs on the mind of any rival who might question his integrity. On the floor of the Senate last week, McCain declared he would share the responsibility for American lives lost in a ground war against Serbia. "But," he went on, "I would rather face that sad burden than hide from my conscience because I sought an ambiguous political position to seek shelter behind." Words like those have given McCain the beginning of a presidential...
...matter; it's the new economic order of the future that counts. So buying a company's stock on the basis of profits is irrelevant. These investors look only to the next harvest of CMGI's hot IPOs, which is why they have driven the company's share price from $17 this past October to a high of $330 two weeks...
...rules and the rest of the world has another." In other words, something's got to give. Last week some of CMGI's investors took their money off the table, and CMGI traded as low as $185 before bargain hunters--and only in the Net world is $200 a share a bargain--drove it back up. It finished the week...
...nobody has made a profit yet (and certainly Lycos hasn't), that hasn't kept Yahoo from shelling out $4.35 billion for GeoCities, or stopped the Internet portal @Home from paying $6 billion for Excite--both deals made at hefty price premiums. Of course, they used their richly priced shares as currency. Diller's offer to merge part of his USA Networks with Lycos to form a new company, of which Lycos would own 30%, values Lycos at approximately $85 a share, substantially less than the $130 it was trading at when Diller made the offer. Wetherell, after initially supporting...
Network chiefs, having watched their prime-time audience share erode from 91% for the big-three networks 20 years ago to 60% shared by six of them today, seem too paralyzed to make real changes. "Networks are locked in a box like the rest of corporate America," says Norman Lear, who created All in the Family. "In TV terms that translates into 'Gimme an instant hit' at the expense of every other value, like creativity." Instead of looking beyond Burbank for people with fresh ideas, the networks return to the same talent pool over and over. As Imagine's Grazer...