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Gates was surprised to learn that such a statement would be cheap: $1 billion could buy about 11% of Comcast. (A similar slice of his company would cost $18 billion.) Roberts soon returned to Seattle with his investment banker Steven Rattner, the newly elevated deputy CEO of Lazard Freres in New York City. Like Roberts and Gates, Rattner is a low-key baby boomer with an intense interest in media and technology. On a Tuesday morning, four weeks after the dinner, Gates and Greg Maffei, Microsoft vice president for corporate development, went to Rattner's suite at the Woodmark Hotel...

Author: /time Magazine | Title: BILL GATES' PIPE DREAM | 6/23/1997 | See Source »

...seasick. We were on that boat, huddled together, wearing loincloths. It's tossin' and rockin' and shakin' and there's water, water everywhere, not a drop to drink, and the sun's beating down," he says. His face cracks into a grin, a slice of white in a blue-black oval...

Author: By Victoria E.M. Cain, | Title: Ashong Trades Harvard's Yard for Spielberg's Set | 6/5/1997 | See Source »

...left behind." The cost of treating those needier patients, opponents contend, will quickly drive up Medicare premiums when healthier seniors are allowed to squirrel away unused Medicare funds. To make sure that the test is meaningful, the White House promises to make sure the pilot program enrolls a representative slice of Medicare recipients...

Author: /time Magazine | Title: MSAs: Coming Soon to Selected Seniors | 6/3/1997 | See Source »

...national habit, of course. Americans legally hazarded an astonishing half a trillion dollars in 1995, earning the gaming industry profits of $44.4 billion--more than the net revenue from movies, music and sports entertainment combined. But as the Web becomes ubiquitous, online gambling will grab an ever larger slice of this multibillion-dollar pie. "I get two calls a day," says Rose, "one from the media, the other from someone who wants to set up shop on the Net. There's a feeling that they're getting in on the ground floor of the next...

Author: /time Magazine | Title: CYBERSPACE CRAPSHOOT | 6/2/1997 | See Source »

Students say they use the grilled chicken breasts to do a little cooking of their own--they slice it over salad, smother it in melted cheese, douse it in barbeque sauce...

Author: By Caitlin E. Anderson, | Title: FEEDBACK | 5/23/1997 | See Source »

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