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...many more companies than we take public," Case says. But Case had few doubts about either Pixar or Netscape, whose executives he had known for years. Hambrecht eagerly teamed with fellow bankers to buy up all the offered shares of both companies and then staged nationwide "road shows" to tout the stock to big investors like mutual funds. The tours generated so much excitement that Netscape, which had been tentatively priced at $12 to $14 a share, went public at $28. Hambrecht's profit for co-managing the offering with Morgan Stanley: $10.6 million...
...America nor the worst, at least according to the primitive "report cards" just now becoming available. Indeed, debate within the industry and among consumer advocates rages over how even to define quality, especially since no valid measure yet exists to show which plans actually produce healthier people. Instead, companies tout their ability to satisfy voluntary standards. Last month, for example, Health Net received a one-year accreditation from the National Committee for Quality Assurance, an industry group whose blessings are coveted by health plans around the country...
...term divestment, which has gained such an altruistic connotation following the University's financial pullout from South Africa, is now being exploited for self-interest. Not that there's anything wrong with that. But let's understand that these people who tout the lofty goal of a better city have no higher motives than does Harvard, or any other corporation...
...Bowman is not your run-of-the-mill broncobuster. But he is the winner of this year's All-Around Champion Cowboy title at the Louisiana State Penitentiary at Angola. Site of the only all-inmate rodeo in the nation, Angola is home to what the event's organizers tout as a "gang of crazy convict cowboys." Among them: all-around runner-up Johnny Brooks, right, who owes his title to skillful bull riding and a botched grocery-store robbery; and Terry Hawkins, a former butcher-shop employee who killed his supervisor with a hammer and went...
...expiration of patent rights on the acid blockers and growing competition from lower-priced generic drugs, the pharmaceutical firms are seeking and winning approval from the Food and Drug Administration for over-the-counter sales of somewhat milder versions of the blockers. At stake as the companies tout these products, say industry analysts, is an additional $1 billion in sales for heartburn medications. "This is a blockbuster," says Paul Kelly, president of Silvermine Consulting Group, in Westport, Connecticut. "It's the most dramatic medical launch since Advil." Two acid blockers, Tagamet HB and Pepcid AC, have begun battling...