Word: skies
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...movies greatest strength is its cinematography. With pale men squeezed into 18th century black suits and a perpetual mist clouding the nights sky, this film is shot in color; it just feels black and white. Filmed at an artificial set in a small town in England, Sleepy Hollow is overwhelmingly gray. It takes some getting used to, as all of Burtons fantasies do, but after about ten minutes of acclimation, the setting takes shape, and you come to appreciate the brilliant construction of the town and the landscape. Corn fields shrink in the shadow of freaky-looking scarecrows...
...other hand, Yale appears to be living under a charmed sky, outlasting Princeton this past week by virtue of a number of lucky bounces...
...passage Wednesday and Thursday through the trail of the Tempel-Tuttle comet. Each year on or around November 18, different parts of the world are treated to the Leonids - a show of "shooting stars" (actually meteoroids from the comet's tail). Normally 10 to 20 light up the night sky each hour, but this year the show should be considerably better. Astronomical records dating to the beginning of the millennium show that every 33 years or so the Leonids spike a little as the comet passes by the sun and leaves a larger trail of icy bits. The last time...
...founder like yourself has a bright future. What is your exit strategy? A) Corporate buy-out. Earn a six-figure salary as CEO, hire a manager, dump your equity and spend the rest of your days playing Microsoft Golf 2000; B) IPO. Drum up hype, watch your stock price sky rocket, dump your equity and move to Vegas; C) Consolidate ownership. Convince your partners that the company is on the fast track to success, confess you are not the most qualified leader, sell your equity (for a reasonable price that includes "future earnings"), and go to law school; D) Wake...
...BLUE-SKY INVESTING Your mutual-fund manager may start betting on the weather, literally. This month two energy firms are expected to issue some $100 million in "weather bonds," whose returns are based solely on average temperatures. These new bonds, rated in the BB range, allow weather-sensitive businesses--utilities, ski resorts--to hedge against losses caused by extreme temperatures. If Mother Nature behaves, holders can expect 10% to 30% returns; but a mild winter or scorching summer could melt profits and principal. On another front, the Chicago Mercantile Exchange started trading weather futures in September. Along with pork bellies...