Word: smalls
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Dates: during 1990-1999
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Hayes, 54, didn't set out to be an environmentalist. He grew up in Camas, Wash., a small paper-mill town where the air stank from sulfur fumes. Like most other people there, he loved the outdoor life, but his concern over the damage the mills were doing to his beloved forest was tempered by the realization that the industry was also his dad's employer. Not until his undergraduate days at Stanford in the '60s did he become a rabble rouser, and then his target was not pollution but war: he helped lead more than 1,000 students...
Since early April, the Kosovo Liberation Army has been locked in its biggest, most important battle: an attempt by many of its most elite, experienced soldiers to open a corridor into Kosovo through the snow-swept mountains of northern Albania. Last week hundreds of fighters attacked and captured a small, six-hut Serbian border post at Kosare and swept through a nearby Serbian army barracks. The goal, commanders said, was to reach as many as 20,000 refugees stranded near the border and create a bridgehead that would allow the rebel army to set up bases inside Kosovo...
...road to Kosare rises along a nearly impassable dirt track rutted by farm tractors pulling loads of ammunition up the slopes. From the road it is easy to spot Serb-held towns in the valley below, many marked by rising columns of smoke. Ammunition boxes are stacked in small crevices. Soldiers huddle near fires made from the empty crates. Serbian shells scream continuously, reverberating through the canyons. Soldiers, some in uniform, others in track suits, carry everything from bolt-action carbines to Kalashnikovs. There are two questions: Where is the commander, and where are the Serbs...
More firms like Invesco are trying to bolster faltering, small-cap mutual funds by combining them with winners (382 mergers last year alone), but it may be a losing proposition. To give long-suffering shareholders a boost, it seems, high-flying investors have to take a dive. According to a recent academic study, the performance of the acquiring stock funds, as measured by their objective-adjusted returns (how they fared relative to their peers), tends to drop after they've absorbed all that new cash...
...encountering Glover in this reprise of a show he did last fall is a little like being with Ford in Dearborn--or, more appropriately, Joyce in Dublin. Freed from the constraints of setting that defined him in Bring in 'Da Noise/ Bring in 'Da Funk, Glover and a small troupe create a phenomenally entertaining evening that's as emotionally eloquent as it is joyous. If your definition of a creative genius requires that the designee originate a new art, then Glover could be the paradigm...