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Lots of hands shoot up during the Q.&A. period. "Bloomberg says Amazon is going to fall flat on its face," asserts one person. Bezos dismisses the comment. "We have a ton of doubters, and the fact of the matter is, we don't try to convince them," he says, pointing out that he will start making a profit when the "cone of opportunity" begins to narrow--that is, when there's no room left for more competitors to enter. The questions go on for 15 minutes. What does your house look like? (It's lovely, and we are amazingly...
...season, audiences were treated to a special-effects laden production of Dracula, followed by this year's equally extravagant The Princess and the Pea. The Nutcracker, now in its 34th annual rendition, is no exception to this bigger and better mentality. Boasting oversized sets and props, more than a ton of white confetti and a cast of over 400, "lavish" would be an understatement...
...training, has devoted her spare time and more than $10,000 of her own money to solving everyone's favorite engineering enigma: how the Egyptian pyramids were built. Over the years, researchers have experimented with everything from ramps to levers in failed attempts to move counterparts of the three-ton pyramid stones...
...says. "I might ask someone, but..." One target's Web site is unattractive and poorly designed, lacking basic information about management and investors. Shemmer sends them a curt e-mail telling them to shape up, then moves on. With practice, the culling goes quickly, Shemmer says. "There's a ton of shitty companies out there. It's like 80-20." Once he identifies a likely prospect, Shemmer places a call to the CEO for more information, then drafts a one-page summary of the company for his client, a time-consuming prospect. "It takes a while," he says. "You have...
...send the Army's AH-64 Apache helicopter gunships into battle over Kosovo showed how quickly cold war weapons can become irrelevant. Slowly, the Army is coming to realize that it may be too cumbersome and too complex for future conflicts. The service is weighing replacing the mammoth 70-ton M1 tank with lighter--perhaps even wheeled--vehicles. It is considering the possibility of cutting production of its $48 billion fleet of nearly 1,300 Comanche helicopters, a program conceived a generation ago to battle the Soviet military. And it is thinking of slashing by more than half...