Word: stockings
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Dates: during 1990-1999
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...standing against the logic of Wall Street," she declared. "We're standing against the assumption that what's good for the stock market is good for the country...
...Usually when companies go public they use an investment bank like Morgan Stanley or Goldman Sachs to help market the stock to big investors. The banks charge a hefty sales commission -- called an underwriter's fee -- for the service, customarily around 7 percent of the total offering price. Instead Salon paid just 5 percent to San Francisco's W. R. Hambrecht. But here's the more important part. The mechanics are complicated, but common sense says that iVillage's offering price was set too cheap if it immediately quadrupled. Even though iVillage's first-day run-up was spectacular, most...
...while the Net-stock craze may have cooled, a Disney Net stock would be a standout, analysts say. "If you say 'Disney Digital,' you'll get people very excited," says Richard MacDonald, managing director at J.P. Morgan...
Disney shareholders could sure use the boost that a Net tracking stock would bring. Weakened home-video sales and a slowdown in merchandise licensing in the midst of Star Wars mania have hurt earnings; Disney stock is down 25% from its 52-week high. High costs for NFL games for ABC and start-ups such as Animal Kingdom and the Disney Cruise Lines have all pinched the bottom line...
...continued last week. The decision could eventually cost several hundred million dollars. Says analyst David Londoner of Schroder & Co.: "It's a great company, but they're going through a soft period, and it's not obvious when they're going to come out of it." Better launch that stock soon...