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Another big (though counterintuitive) signal that executives believe stock prices have gone too high is the recent wave of bank megamergers. Little or no cash will change hands, only some high-priced stocks. Had any of the parties involved been required to lay out real money, they would have walked. Biderman also notes that the value of stock swaps relative to cash mergers is off the charts this year. "They don't want to buy shares with cash," he says of acquisitive CEOs. "They'd rather sell their own stock to make the deal." In similar fashion, companies now include...

Author: /time Magazine | Title: Why Is The Boss Selling? | 5/4/1998 | See Source »

...into the excavation site for the subway tunnel. So engrossed was he in this responsibility that he failed to notice when the 25-foot crane inexplicably began to teeter. A Cambridge patrolman shouted at Kelly to "get out of the way," but noise prevented him from hearing the warning signal. The unit toppled completely, and Kelly was buried beneath 15 tons of crane...

Author: By George W. Hicks, | Title: The Man Who Would Be "Muggsie" | 4/23/1998 | See Source »

...tests, Tryon says, "All I can tell you is that DNA contamination is present and that the DNA belonged either to a human or another higher primate. I have no idea who or where the DNA signal came from, nor how long it's been there." It is, he says, not necessarily the remains of blood. "Everyone who has ever touched the shroud or cried over the shroud has left a potential DNA signal there." Tryon quit the project soon after his tests. "I saw it as a multidisciplinary project involving archaeology, physiology and other fields. But I came...

Author: /time Magazine | Title: Science And The Shroud | 4/20/1998 | See Source »

...chintzy $100-a-night hotel decor of Pforzheimer's dining hall, six bands brilliantly performed for a crowd of more than 100 contented students and passersby. Did the considerable turnout signal a trend of greater student awareness of the campus' creative music offerings? The Pforzheimer show was a success and it did a good job of highlighting deserving student pop music groups, but it didn't convincingly represent a significant movement toward exposing the scene for what its worth. If the large audience was a response to the talent of the participating bands, why don't more than just close...

Author: By Peter A. Hahn, CRIMSON STAFF WRITER | Title: Fun in Pforzheimer | 4/17/1998 | See Source »

Bevilacqua leaped into the crease and snuck the game-winner past the charging goalie John Kasselakis and then was buried under a heap of UMass defenders. After the referee's signal, he got the same treatment from his jubilant teammates...

Author: By Owen Breck, CONTRIBUTING WRITER | Title: Belivacqua's Heroics Spur Crimson Upset | 4/16/1998 | See Source »

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