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DRUGS These stocks have traditionally commanded an above-market P/E because of their stable businesses and rich profit margins. People need medicine no matter how the economy performs. But lately there have been worries over patent expirations and a slim pipeline of new drugs. So the P/E for some has slipped below the market. "Pills are cheaper than hospitals," notes Bill Nygren, manager of the value-oriented Oakmark Fund. He expects the group to return to above-market growth. Among the cheapest are Merck and Bristol-Myers Squibb...

Author: /time Magazine | Title: Sunken Treasure? | 8/12/2002 | See Source »

...mother's standards, Andrea De Cruz didn't need to lose weight. But show business imposes strict requirements on appearance, and when the dial on the Singaporean TV actress's bathroom scales spun to more than 48 kilos, De Cruz started taking a Chinese diet pill named Slim 10 that she purchased from a colleague. Two months later, De Cruz, 28, was near death, unconscious in a hospital in Singapore. Doctors at first were baffled. But they came to suspect that an ingredient in the diet drug had ravaged her liver, which had all but shut down...

Author: /time Magazine | Title: Asia's Killer Diet Pills | 8/5/2002 | See Source »

...survive that long. "I feel I'm still living a nightmare," she says. She is, at any rate, still living. In June, fellow Singaporean Selvarani Raja, a 43-year-old logistics manager at Singapore Technologies, died from liver failure. She had started taking the same diet supplement, Slim 10, in April...

Author: /time Magazine | Title: Asia's Killer Diet Pills | 8/5/2002 | See Source »

...yearbook of the Pakistan Military Academy in Kakul, a hill station north of Islamabad, is filled with nicknames and in-jokes. Graduating cadet Pervez Musharraf, then 20, is teased for his hearty appetite and preference for a center hair part. ("Has the habit of splitting hairs.") But the slim leather-bound volume is more than a collection of collegiate memories; it's also a testimonial to the camaraderie whipped up during two arduous years of grunt training in the foothills of the Himalayas. Musharraf's classmates concluded his entry: "A guy to be with, especially when...

Author: /time Magazine | Title: Should This Man Be Smiling? | 7/22/2002 | See Source »

Most people blame idle friends and spammers for the junk that clogs their e-mail In boxes. But productivity expert Mark Ellwood says we all contribute to the problem. Ellwood is the author of Cut the Glut of E-Mail, a slim volume of practical tips on how to "take responsibility" for excessive e-mailing and "find more time for the things that count." Some of his suggestions--use the phone instead and institute a No E-Mail Day--are blindingly obvious. But Ellwood is also effective at challenging the utility of beloved functions like the autoresponder (it notifies senders...

Author: /time Magazine | Title: Global Briefing: Jul. 1, 2002 | 7/1/2002 | See Source »

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