Word: stockings
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Dates: during 1990-1999
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Financially, the airlines have never been healthier: operating profits for the second quarter of this year were $2.8 billion, up 17% from the same period in 1997. Though airline stocks dropped 20% in the recent stock-market plunge, analysts feel the industry is better equipped than it has been to handle future economic downturns. One reason for its profitability is low oil prices; another is that planes are flying at a record capacity, with load factors of more than 70%. That increased efficiency has helped hold down fares, but it also means more crowded planes. Airline employees--particularly the overburdened...
...Deal," sounds good. Some 300-ft.-tall old-growth giants along the northern part of the state's coast are saved, along with scraps of wildlife habitat, and if a financier named Charles Hurwitz gets nearly half a billion dollars in federal and state money, who cares? The stock market creates or vaporizes that much wealth in the time it takes Alan Greenspan to clear his throat...
...against Wall Street? Because I'm watching the relative handful of folks who know more than the analysts. Insiders--the executives who run most oil-service companies--are buying company stock. And they're doing it massively and unrelentingly, with a voraciousness I haven't seen since just after the 1987 crash--when insiders scooped up cheap company stock that made them fortunes...
...with the well-known players like Baker Hughes and Schlumberger, where insiders have bought $1.6 million and $286,000 worth of stock since June. Or buy a good sector fund like AIM Global Resources or Fidelity Select Energy Services. And be patient. We won't see a big pop in these stocks until East Asia bottoms...
...very young 18, the sensitive son of a bull-witted rancher. The kid learns fast: "He felt that her life was but the smallest flame that might be snuffed out if he were to let go of her," the author advises. The advice here is, Buy Kleenex stock...