Word: street
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Dates: during 1990-1999
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When Alexei reads about a sensational contract killing--for example, the opposition Deputy Galina Starovoitova gunned down on the stairs of her apartment building last fall, or the St. Petersburg politician Mikhail Manevich hit five times at long range as his car sped down a busy street in August 1997, or the mafia leader felled by a sniper's single bullet as he left a steam bath--he has an eerie feeling. He wonders whether he trained the hit man. At times, he says, he imagines himself sitting next to the killer, checking his technique as he carries...
Sometimes Wall Street gets captivated by a business model, and everybody just goes nuts trying to find companies that fit it. When I got in the business in the early '80s, everybody wanted to find the next Merck, which was a fabulous stock for so many years. Later, people wanted to find the next Microsoft. Then we searched for the next Amgen, and for the past few years we've wanted to find the next Intel. Recently we wanted to find the next WorldCom and the next America Online...
...Internet--all the buzz words behind today's hottest stocks--you invariably come back to Cisco, which is the go-to guy behind the equipment that makes this stuff work. Dot.com companies are loaded with Cisco's products. The company is held in awe by Silicon Valley and Wall Street for its tech expertise and its financial acumen...
...Street, of course, is never content to buy just Cisco. Too boring, and it doesn't generate enough excitement, let alone commission. These days brokers pitch us the next Cisco nearly every session. The IPO market, as hot as I have ever seen it, is pumped full of next Ciscos, as company after company goes public with a Cisco flavor. Some of these new issues seem to jump solely because they list Cisco as a competitor in the prospectus! Brocade, which makes fiber-channel switches--something that has the look and feel of Cisco--jumped from...
...sitting on a street corner in New York City at 5:30 in the morning hoping for a sign from above. No, I haven't lost my mind or my way--yet. I'm trying to help the little yellow gizmo I've hooked up to my notebook computer get a fix on my latitude and longitude using signals from a network of global-positioning satellites. Since the signals can't travel through walls, I'm stuck outside. Finally, a message pops up onscreen: "No GPS receiver has been detected." Grrr...