Word: solidities
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Dates: during 1990-1999
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...Joint Chiefs of Staff whose Gulf War success carries great weight, spoke up on Kosovo after weeks of silence. A foreign policy imbroglio that requires military force needs clear, precise goals if that force is to be used wisely, advised the retired Army general. "You have to have pretty solid political objectives, and then apply decisive force to them," he said. "Nothing in the Powell doctrine says no casualties." He pointedly noted that the Gulf War planners kept all their options open from the start. "We had a ground force waiting," he said, "when air power had gone...
Netanyahu's once solid lead among the Russians began to unravel the moment Sharansky's immigrant party, Yisrael Ba'aliya, unveiled its TV ads. They steadfastly focused on winning control of the Interior Ministry, which determines who can immigrate to Israel and with what rights. The ultra-Orthodox have long controlled the ministry, notoriously harassing Russian immigrants by questioning their Jewish bona fides...
...other country's rocket is not easy. Russia knows the space game, but federal quotas limit the number of U.S. satellites that can ride Russian rockets. Europe's Ariane provides a far better alternative, but that rocket appears to be a victim of its own success, booked all but solid for the immediate future. "The winner is Ariane," says Chao, "but they're up to their eyeballs in work...
...Opera and the Met produced Carlisle Floyd's Of Mice and Men and Susannah, respectively, and now Menotti's The Consul--a tough, blunt cliff-hanger about political persecution--has finally made it to CD in a splendid live recording from last year's Spoleto Festival. The cast is solid; Richard Hickox's conducting, superb. Successfully premiered on Broadway in 1950 (yes, Broadway used to take such chances), The Consul is a little masterpiece of musical stagecraft whose grimly effective score and libretto haven't lost any of their punch--or relevance--in this ghastly age of ethnic cleansing...
This is no time to dump tech stocks wholesale. The information revolution will continue to shape the world economy for years to come, and profitable tech companies remain solid long-term holdings. But if you must lighten up on tech to broaden your portfolio, do it. Companies that build tractors, equipment, highways and skyscrapers--left for dead until a few weeks ago--may be in favor for a year or longer. The biggest cyclical names, like Caterpillar, International Paper and DuPont, have already had huge moves but probably still have room to run. Consider also an investment in a Wilshire...