Word: stomach
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Like a jetliner that keeps hitting turbulence, the Boeing Co. has been lurching through some stomach-churning rides. An embarrassing failure to meet delivery schedules helped force the Seattle giant to take a $178 million loss in 1997--its first red ink in 50 years--and to report a 90% drop in profits for the first quarter of 1998. The problem: shortages of parts and a production system that could not keep up with the largest surge of new orders in the history...
...closely to everything you and your friends say. If you're quick enough, you'll pick out odd phrases that put genuine alternative band names--like Perfect Thyroid, Infamous Gnomosexuals, Accidental Groove and Burning Spear--to shame. Our list of outtakes from purely casual speech includes classics like Extraneous Stomach, Sneaky Bucket, Vomitous Swan and, my personal favorite, El Nino Lips...
...precariously when the crampons on her clunky boots clang against the rungs. She glances below into infinite space. You share the view, and gulp. "When you look down, you wonder how deep is that crevasse," says Segarra's voice-over. "Well, I don't want to find out." Your stomach is already making the trip...
...will to power is what has kept us on his side after all these years. His stumbling, brilliant performance, cramped by stomach flu, in last year's play-offs overwhelmed the opposition by sheer force of spirit. Last week his halftime speech to his team in Game 3 against Utah was, "Let's bury these guys and make them think about it." They routed the Jazz by 42 points. Without the benefit of a rival (imagine Ali without Frazier, Navratilova without Evert) and without innovating the game (Dr. J had already defined the dunk), Jordan became the greatest player...
What should your overall crash plan be? That depends on your stomach for risk and how long you have before you'll need the money. As a starting point, though, consider lightening your stock allocation, or not investing new money, until you're down to 80% of the stocks you would normally own. That means if you've normally got 75% of your money in stocks, you should go down to about 60% and raise the amount you have in cash and bonds. If the market shoots higher, you'll still enjoy the ride. If it falls...