Word: terming
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Dates: during 1990-1999
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...Jennings may have picked the winning side. The Governor, Republican David Beasley, has called video gambling a "cancer" on the state and has made getting rid of it a top issue as he runs for a second term. This spring's legislative effort to ban the machines passed overwhelmingly in the house, then was filibustered to death in the senate, but is sure to resurface next year. And the state supreme court is on the verge of deciding a class-action suit filed by habitual gamblers claiming the machines violate the state's constitutional ban on lotteries; the decision turns...
...extraordinarily clever politician bolstered by overwhelming public support would find it easy to take over. And Habibie, a man who enjoys Beethoven, motorcycles and tomes on high-tech industrial policy, seems the least likely candidate. He has no political base, nor can he necessarily count on the long-term backing of the powerful military. Economists and stock analysts around Asia question Habibie's ability to bring sensible change to Indonesia's choking economy--his big-spending statist policies are anathema to the International Monetary Fund--and politicians forecast continuing turmoil as secular and religious groups compete for influence now that...
...Habibie's critics were impressed. Amien Rais, who leads the 28 million-member Muhammadiyah Muslim organization and has emerged as one of the strongest opposition figures in the past two weeks, said he would "neither endorse nor oppose" the new Cabinet but doubted it would last the full term...
...that's a big if--Habibie's new Cabinet is able to make headway in restoring the economy, his presidency may defy expectations and last its full term, some analysts say. Even so, Indonesia will change in ways that were impossible under Suharto's centralized control. The press has thrown off self-censorship, and the next step could be the legitimization of multiparty politics to accommodate the newfound sense of "people power." John Sidel, a lecturer at the School of Oriental and African Studies in London, predicts, "You will see a great diversity in government, and all these different groups...
...Microsoft but wouldn't buy more just yet. The continuing investigation could push the stock lower than its $85 9/16 at Friday's close. I'd buy if it dropped to about $77. As for Microsoft's sworn enemies, Sun Microsystems (workstations) and Oracle (software) are already good long-term buys and, if things go badly for Microsoft, will do marginally better. But browser company Netscape and PC networker Novell are roadkill. It rarely pays to bet on a tech turnaround. Better to just pay your respects and move...