Word: wits
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Dates: during 1990-1999
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...have written letters to the three surviving Beatles to bestow upon us all their wit and greatness" says Jones, who wrote letters to the three musicians in the past summer. "That remains the ultimate, as-yet unfulfilled goal of the club members. That's our ultimate dream...
This makes Andy Klein angry--or at least aware of a market niche. His company, Wit Capital, which launched last week, is an online broker that lets small investors not only trade stocks and mutual funds at cut-rate prices but also buy into the high-end IPO and venture-capital deals that were once the sole province of Wall Street's biggest kahunas. Until now, the Little Guy could only watch and drool as well-connected initial subscribers bought millions of IPO shares at insider offering prices, then "flipped" them to the clamoring public for instant fortunes: Netscape...
...Wit's idea: pool investors' money into bids that win a 5%-to-10% share of some of these deals. The site witcapital.com already has the specs on Wit's first IPO, an Israeli networking-software firm called Radcom Ltd. Now, whether Radcom will make you a quick killing or make you the quick killing is unknown. The big news is that you and I can read Radcom's prospectus and purchase its stock as early as the chairman of Goldman Sachs...
With 30 years of experience at a single Wall Street firm under his belt, Roberto Mendoza, the vice chair of J.P. Morgan and Co. who was in town last night to give a recruiting presentation, displayed a cultivated wit...
...especially among those who covered him as a Congressman and Senator, before he slipped into the cocoon of the vice presidency--the line on Al Gore is nearly unanimous. In private the Vice President can be an inordinately charming fellow: informal, enthusiastic, self-deprecating, with the kind of knowing wit that many baby boomers admire. But switch on a TV camera or get him in front of a crowd, and a mysterious alchemy transforms him into solid oak. This is the Al Gore the public has come to know--something akin to the robotic Abe Lincoln at Disneyland, only less...