Word: techs
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Dates: during 1990-1999
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Egads! Yale, Harvard and Princeton have fallen out of first. Cal-Tech, a distant No. 9 last year, has vaulted into the top spot. On the vaunted U.S. News & World Report "Best National Universities" list, Stanford has dropped two places to No. 6. And Johns Hopkins, relegated in 1998 to shameful second-10 status, is back on its feet at No. 7 in a tie with Duke and UPenn, both of whom are a rung lower than last year. But don?t freak out, aspiring teens and parents, the world of top-flight universities isn?t undergoing some seismic shuffle...
...inherent: A college can?t just be good ?- it has to be good for you. "There?s just no way to objectively rank a college. You have these 16- and 17-year-olds and their parents obsessing over these ratings, and making bad decisions based on a number." Tech-heavy schools like Cal-Tech moved up based on the job prospects and salaries of their graduates (think Silicon Valley), but what if you want to become an English professor? Then it?s not No. 1 for you. Kasky didn?t begrudge the list its water-cooler value...
When the picture ends, reactions vary wildly. Some customers are plainly smitten. "It was every scary story you ever heard as a kid coming to life," says Matthew Smith, 24, in Chicago. Smith isn't bothered by the film's no-tech grittiness: "If you want special effects, rent Titanic...
Running a dangerous game isn?t against the law ?- as long as everybody knows the rules. That?s the message a group of state securities regulators is sending in a new report on day trading released Tuesday. According to the regulators, some day-trading firms -- including All-Tech, one of the companies used by Atlanta gunman Mark O. Barton -- have not only been under-disclosing to clients the risks associated with this very risky business, but also have been arranging trader-to-trader loans, thus ensuring the flow of commissions while the trader, often, sinks deeper into debt. Such loans...
...margin. Concerned about just that, the National Association of Securities Dealers last week began requiring brokerage firms to disclose day-trading risks and to determine whether a client is suited before opening an account. None too soon. Day traders' favorite stocks have long been Internet and other high-tech companies prized for their big price swings. Since April, Net stocks have fallen on hard times, revealing many formerly brilliant day traders to be little more than lucky novices. Unfamiliar with strategies like selling short or hedging with options, many have lost big and quit. But the flushing...