Word: strategists
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...Democrats privately thought they would be better off if Gore lost. Even some liberal Democrats thought Bush might in some ways be easier to work with in the White House, since he would have a powerful incentive to reach out to them and make peace. Although some congressional Democratic strategists are ambivalent about Gore's legal crusade, for fear of a backlash in the 2002 elections, party activists are so strongly behind Gore that it's not in the interest of congressional leaders to be anything but fully supportive in public. "We'll be with...
...there was really only one narrative line worth following: Bush's attempts (aided by the Democrats' favorite new villainess, Harris) to shut down the recounts, and Gore's maneuverings to keep them going at all costs. "As long as we're counting, it's not over," says a Gore strategist. A Bush aide puts it this way: "We're trying to run out the clock; they're playing for delay...
Hovering behind the generals and lawyers and foot soldiers on both sides, of course, were the principals, Gore and Bush. Their styles couldn't be more different--Gore his own chief strategist, always on the offensive; Bush relying on staff and playing defense--but they are seared in precisely the same way. They are the only men who know what it feels like to be stalled just outside the White House door. Gore's friend Harry Reid, the Nevada Senator, who has been through two election recounts of his own, got a call from Gore on Monday--a plea...
...from 4% in March. Yet to bulls, these stockpiles represent buying power ready to push prices higher. "I've never seen so many people on Wall Street talking to so many other people on Wall Street trying to figure out what's happening," confesses John Manley, a market strategist at Salomon Smith Barney...
Barton Biggs, chief global strategist at Morgan Stanley Dean Witter, notes that spending on telecom equipment will be down in 2001, after rising steadily for years. A number of big carriers have already disappointed Wall Street with weak sales of their goods and services. Spending on PCs and by cable systems is falling too, Biggs says. Meanwhile, recent dotcom failures and near failures, from Pets.com to Drkoop.com highlight that industry's capital crunch, which will take a big bite out of revenues at suppliers such as Sun and Oracle; the latter's stock is down more than 40% in three...