Word: slips
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...missed it, here's what happened: Webvan's stock was trading at a mere eight cents, or 99% off its November 1999 peak. Since the NASDAQ habitually delists stocks that slip below a dollar, there seemed little chance this e-tailer would stay in the big boys' league. Then some bright (or desperate) spark at company HQ in Foster City came up with the idea of a 25 to 1 reverse stock split. In other words, for every 25 shares you owned before the split, you'd now only own one. The resulting drought should leave Webvan standing $2 tall...
...price. Polls show overwhelming support for a patients'-rights bill. Everyone these days has heard an HMO horror story--or lived through one. Says McCain: "Too many Americans have had life-altering medical decisions micromanaged by businesspeople rather than medical professionals." Bush, who has seen his poll numbers slip because of voter concern that he's too sympathetic to Big Business, doesn't want to carry out his veto threat. G.O.P. Senators up for re-election in 2002 don't want to be labeled obstructionists. "We're going to pass a patients' bill of rights that is balanced," says Frist...
Whether you're headed for the beach or the lake, or whether you just plan to hang out in the backyard this summer, you probably already know how to protect your skin against the sun's harmful rays. Just slip on a shirt, slap on a hat and slop on plenty of sunscreen, preferably with an SPF rating of at least 30. But are you doing everything you can to safeguard your eyes? Don't be so sure the answer is yes, even if you sport the latest in designer sunglasses...
...Save the Tiger," in which he played a dress manufacturer who lets his youthful ethics slip away, won him the Oscar for best actor of 1973. The project was rejected by studios until Paramount agreed to make it on a $1 million budget - Lemmon cut his salary to the Guild minimum of $165 a week to make the picture's ends meet...
...There was a bit of a stink over what he actually said and how it was reported. It's possible that Powell could have made a verbal slip. On the other hand, at the core of what Powell is saying is common sense - if there's a trust problem between Israelis and Palestinians, there have been some tripartite observation groups involving the CIA, Palestinian Authority and Israelis that have been successful. It's a model that has worked. I think he was looking at a practical solution to a practical problem, of creating independent verification for each side's claims...