Word: turnings
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Dates: during 1990-1999
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...here's one: after last week's rout, dot.com stocks are 40% to 60% off their peaks, and investors are finding there is no safety net in Netland. For those with faith and a long investment horizon, discounted prices today are compelling. That's why the bloodbath didn't turn into a bigger catastrophe. Early last Thursday, Net stocks were in free fall and touching their lowest levels of the year. Enough investors suddenly viewed them as bargains so that prices turned...
...many, Net stocks remain the epitome of pure speculation. On an earnings basis, after all, a company with no profit is as expensive at $20 a share as it is at $40. That's what makes Net stocks so confounding. Most lose money, and predicting when they'll turn a profit and how big that profit will be is sheer guesswork...
...fisheries are in a state of collapse, as too many boats chase too few fish, conservationists fear the same fate for the Bering Sea, the last great refuge of marine abundance. Competition among countries for the rights to fish certain sectors of the sea is already fierce and could turn violent, as it has elsewhere in the world. The Russians have severely depleted fish stocks in their zone, and the international area open to all boats, called the Doughnut Hole, has been nearly stripped of commercial fish...
...code so hideously complex? It's not because the IRS is run by fiends. Every twist and turn is there because someone wanted to use taxes to influence other people's behavior. Tax simplification is a popular rallying cry, but compassionate conservatives seem intent on making the tax code even more ornate...
Bowfinger, perhaps the funniest movie for grownups so far this year, recounts the attempt of the desperate former to feature the fame-addled latter in his absurd project. Basically, this involves making Kit the star of a movie without telling him he's in it. That in turn requires Bobby and his crew to stalk and provoke the star into photographable action. Since Kit is at least half convinced that he is being plagued by space aliens, these intrusions add fuel to the flame of his pathology...