Word: started
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Dates: during 1990-1999
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Supporters of antitrust law argue that decisions like Judge Jackson's actually strengthen the free market. The new economy--and America's unprecedented run of growth and prosperity--has been fueled to a significant degree by small start-ups founded by entrepreneurs with big dreams. These are precisely the sort of companies that can be crushed most easily by a brutal monopolist. When antitrust law works right, it can give these enterprising small firms room to grow. "There are a lot of companies that have for years operated in absolute terror of Microsoft," says Sun's Morris. The ruling...
...world as we knew it has changed forever. There are four girls on the Lincoln High varsity, all of them 16-year-old juniors except for Cruz. And it's not as if they're just bench warmers. Although none of them start, they all play on special teams and as backups, and coach Leo Castro doesn't hesitate to send them out there. "They're not afraid to take the hits," says Castro, which is a good thing, because Lincoln is 0-8 going into the game against 8-0 Franklin. "I'll put them in before...
...comes to earth, sets things right, then does a handstand. In the drama behind the film, Lions Gate, an independent distributor, opens Dogma this week after successful screenings at festivals in Cannes, Toronto and New York City. "Now we can put the rest of the stuff behind us and start fretting about the box office," Smith says. "I'm hoping that when people see the film, they'll say, 'Oh, it's not the movie that flips the bird at the church. It's actually kind of devout...
That's one reason not to sell in the wake of Judge Thomas Penfield Jackson's ruling on Friday. Things aren't as bleak as they seem, and the stock--depressed in recent weeks--could start to run very soon now that the bad news is out. In perverse Wall Street logic, "the cloud has been lifted," notes analyst Brian Goodstadt at Standard & Poor's. Except for Valley brats who compete with Microsoft (themselves fabulously rich), nobody really wants the stock to fail...
Certainly, Gates is more vulnerable now. But betting against him is the longest running mistake in the tech world. Microsoft has the resources and the moxie to survive and thrive. Start with an astounding balance sheet with $19 billion in cash. Interest alone will add $1.6 billion of earnings in the fiscal year ending in June, analysts estimate. That by itself is more than the annual profit of nine of 10 FORTUNE 500 companies. Gates exploits his money machine. He has large stakes in cable, Internet and telecom properties, pretty much assuring himself a big piece of the tech future...