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...Known as equity carve-outs, these divestitures tend to be IPOs of less than 20% of a business. The parent retains the bulk of the stock--and control--but often later gives that stake to shareholders as a tax-free dividend. Early this year 3Com sold 17% of its white-hot Palm unit in an IPO, then gave the rest to shareholders in July. The average carve-out does well. Palm has doubled since July, although it remains below March's mania levels. But parent companies tend to lag in this case (not so 3Com), probably because they have left...

Author: /time Magazine | Title: Buy The Bust-Ups | 11/20/2000 | See Source »

Growing up in Michigan, I did not exactly feel as if I were at the white-hot center of the media universe. The big Oscar movies opened on the coasts long before they hit the multiplex. New Hampshire had the sexy primary. No one set sitcoms in Detroit. (Well, there was that Martin Lawrence show, but we don't like to talk about that...

Author: /time Magazine | Title: Campaign 2000: Campaign Ad Nauseam | 11/13/2000 | See Source »

Growing up in Michigan, I did not exactly feel as if I were at the white-hot center of the media universe. The big Oscar movies opened on the coasts long before they hit the multiplex. New Hampshire had the sexy primary. No one set sitcoms in Detroit. (Well, there was that Martin Lawrence show, but we don't like to talk about that...

Author: /time Magazine | Title: Campaign Ad Nauseam | 11/4/2000 | See Source »

...those suppliers' suppliers' products). In short, every penny of waste will be wrung from the mammoth procurement system. The order cycle will speed up dramatically. Medibuy aims for the same hat trick in medical supplies, DigitalThink in training, CarStation in the auto-body-shop world. This is the white-hot world of B2B (business to business) electronic commerce, which will soon encompass trillions upon trillions of dollars in transactions...

Author: /time Magazine | Title: What Will We Do For Work | 5/22/2000 | See Source »

...Best Actor for) solidified his credibility as an actor, but Gladiator is the film that will make Crowe a star. While the role of Maximus lacks the deep inner-conflict and shades of gray that marked the roles of Bud White and Jeffrey Wigand, Crowe is given the opportunity here to display a white-hot intensity and impressive physicalitynever, not even for a nanosecond, do we fail to believe that he is every inch a Roman warrior. I've almost no doubt that Crowe, ever a chameleon, is capable of playing any role in Gladiator he is the ultimate action...

Author: By William Gienapp, | Title: Antiquity Roadshow | 5/5/2000 | See Source »

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