Word: slash
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Dates: during 1990-1999
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Even Roach of Morgan Stanley thinks a "productivity-led recovery" could bring back the days when a rising tide really did lift all the boats. But he adds a strong caveat: "My darkest fear is of macho corporate managers who will slash and burn, and will not make a true commitment for the longer haul to expand their market share through judicious rebuilding. Then we will have hollow industries that will undermine our competitive advantage over the long haul, and that will be an unmitigated disaster for growth and jobs." Downsizing was and is a painful necessity, but bosses need...
Fortunately, solving TPC's problems could be relatively easy, if TPS management were amenable. The answer has three parts. First, TPC should slash its prices by a few percent, so as to come in line with those charged students at other universities. Second, TPC should offer free or low-cost delivery to students living in Harvard housing, just as it delivers to faculty members in their offices. And third, TPC should begin actually selling small-ticket items, like modems, interface cards and software from its conventientaly-located showroom near Claverly Hall...
...time they met the next day in the midtown Manhattan offices of Bell Atlantic's law firm, Skadden, Arps, Slate, Meagher & Flom, Smith had calculated that the rate reduction would slash TCI's cash flow by $1.8 billion and thereby reduce the company's value by a comparable amount. But Malone wouldn't hear of it. "I will not sell my company at the bottom of the market," the cable executive said, "and you'd be crazy to pay more than top dollar with this level of uncertainty...
...While Greenhill later championed a collar for Paramount shareholders, he rejected Berrard's demand out of hand. Reason: Viacom stock was falling fast, and if the plunge accelerated, the company would have to issue more shares under the collar guarantee and drive down the price even further. That would slash the value of Viacom's bid for Paramount, thus all but handing victory to Diller. Berrard was adamant, however. "No collar," he snapped, "no deal...
...game where momentum was the determining factor, the referee's whistle helped decide the outcome. Eric Hallman was whistled for the third period's first penalty, a slash at 11:10, and Harvard's five-on-four once again sprang into action; Farrell got his stick on a Derek Maguire shot for a tip-in goal at 11:31, and the Crimson were never seriously threatened again...