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Like a giant tidal wave refusing to crest, technology stocks soared. Investors poured money into the market without thinking twice, and the entire economy surged forward. Every idea was a new source of money, and stories of Harvard grads making millions trickled down to those of us just starting our college careers...

Author: By C. MATTHEW Macinnis, CRIMSON STAFF WRITER | Title: Technically Speaking, We Witnessed it All: Four Years of Technology Changed the Way ’02 Lived | 6/6/2002 | See Source »

LOOKING SWEET According to local legend, the 1,268 Chocolate Hills of Bohol were formed when a giant shed tears upon learning his lover had died. Scientists insist they are vestiges of a millennia-old tidal pattern. Whatever their origins, the hills look like a sea of 30-m-tall, slightly melted Hershey's Kisses, especially in the dry season (December to May) when they turn a rich chocolaty brown. To see the hills up close, arrange a motorbike tour from the nearby town of Carmen, in the center of the island...

Author: /time Magazine | Title: Short Cuts | 5/20/2002 | See Source »

...public. The choice: The so-called Tadpole Galaxy. Earth-based telescopes had captured what appeared to be a galaxy some 420 million light years away that had crossed paths with a dense dwarf galaxy, resulting in a long tail of stars and galactic debris spun off by tidal forces. NASA knew Hubble should be able to show individual stars inside the galaxy, quite a feat at such a distance, about 200 times that of the nearest galaxy to our own Milky Way. It was a conservative choice, though. Visually interesting, scientifically significant, but hardly ground-breaking...

Author: /time Magazine | Title: The Hubble Searches for the First Light | 5/1/2002 | See Source »

...CONSUMERS Through the recession, shoppers' confidence stayed strong and spending barely declined, thanks in part to low interest rates and wide discounting, including 0% car loans. Incredibly, a third of all outstanding mortgages were originated last year--testament to the tidal wave of home refinancings that, on average, lowered homeowners' monthly payments by $100. Those who refinanced cashed out $100 billion of equity, says Frank Nothaft, chief economist at Freddie Mac. But, says Zurich Scudder's Allyn, the cash outs "are a little like eating your seed corn. It's not a long-term solution." Moreover, the refi boom...

Author: /time Magazine | Title: First, the Good News... | 3/18/2002 | See Source »

...Beck, and the phenomenal success of Mellow Gold and Odelay spurred record companies to court her next catch aggressively. After being wined and dined by more than a dozen labels, Lord decided to sign with The Work Group, a Sony label that had released Fiona Apple’s Tidal and several albums from Jamiroquai. The Mary Lou Lord with little more to her name than a guitar and a futon was no more—she had become a big-league recording artist with a six-figure advance, a manager and a booking agent...

Author: By Scott G. Bromley, CRIMSON STAFF WRITER | Title: Presence of the Lord | 3/14/2002 | See Source »

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