Word: soaring
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Dates: during 2000-2009
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...spin-offs soar. Look out for junky companies created to separate legal liability or off-load debt from the parent. And some carve-outs simply don't make good stand-alone companies, like Barnesandnoble.com and other dotcoms that are really just brand extensions designed to cash in on the Internet bubble. Such IPOs may get a lot of attention, but that's not where you find the big money...
SHOCK THERAPY Sure, portable defibrillators are designed to save lives, but put them in a public place, like an airplane or a casino, and survival rates soar. Reports show that in casinos the heart-shocking devices rescued 53% of people in cardiac arrest. On airplanes, where it's easier to confuse an unconscious passenger with, say, a sleeping one, they saved 40%. U.S. survival rates, by comparison, are a dismal 5% because of time lost waiting for the paramedics. The findings are so encouraging that doctors want defibrillators (cost: $3,000) to become as commonplace as fire extinguishers...
MARTIN SHEEN West Wing Prez sees ratings soar. But can liberal show survive a W. Administration...
...used his 10-month-old start-up, Pacific Century CyberWorks, to acquire the territory's dominant telecommunications company, Cable & Wireless HKT. The $35.9 billion merger was the largest in Asia outside Japan. Analysts fell over one another to issue buy recommendations on CyberWorks' stock, which they predicted would soar into the stratosphere. Whoops! Put a hold on that order. Six months later, analysts say the new firm's strategy of linking broadband Internet services to an Old World telco is no longer so compelling--and Li is losing altitude fast...
Yenne has been a star all year despite a soar left knee...