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...rules snapped back with a vengeance when MicroStrategy, a supercharged Vienna, Va., software and Internet company, was forced to restate drastically results it reported in 1998 and 1999. MicroStrategy's stock, which had risen like Icarus--from $7.34 to $333 over the past 12 months--suddenly fell from the sky, losing more than 60% of its value in a single day. More than $11 billion in market value was erased, and the company's brash chairman, Michael Saylor, 35, personally lost $6 billion in paper wealth in less time than it takes to say overvalued dotcom. "There's no doubt...
...have to be careful what you download. Any fool--or charlatan--with a telephone, modem and computer can create a decent-looking website. Result: an epidemic of Internet snake oil, featuring discredited cancer "cures" like laetrile staging a comeback, $200 "second opinions" with more disclaimers than a sky-diving class, and incompetent "diagnoses" from self-styled "professors" and "academicians" at $50 or so a pop. What's next? An e-auction site for an appendectomy or laser eye surgery...
Another tempting trip the company introduced this year, the Sea to Sky Rail Adventure, is a 10-day journey from Vancouver to Kamloops. You can book it from May through October; rates run from $1,900 to $2,700 and include rail travel, accommodations in hotels along the way, meals on the train, tours and travel by motor coach to connecting routes. The train crosses the remote interior of British Columbia, passes pristine lakes, mighty rivers and famous ice fields. It goes through snow-peaked mountain ranges, thick forests and numerous national parks www.rockymountaineer.com...
...Jarrett may be one of the smallest warships in the Navy fleet, but it packs a wallop. It carries 1,100-lb. Standard missiles, which are capable of blasting enemy aircraft out of the sky 20 miles away. And its Harpoon missiles, weighing nearly 1,400 lbs., can sink an enemy ship more than 60 miles away. The Jarrett has a pair of SH-60 Seahawk helicopters on its fantail, poised for search and rescue, antisubmarine warfare, supply runs and special operations. The ship also boasts a 3-in. gun, torpedoes and antiaircraft weapons...
...motion. Thirty states have passed Defense of Marriage Acts expressly refusing to recognize same-sex unions approved elsewhere. But gay-rights advocates believe other states will eventually follow Vermont's lead. "People will see," says Peg Byron of the Lambda Legal Defense and Education Fund, "that the sky has not fallen in Vermont when families are respected this...