Word: zeros
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Dates: during 1990-1999
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...board! Scared yet? Maybe not, but you will be when the Phoenix Landing and Channel Zero present the Halloween Fright Night Video Show and tribute to the sultan of spook, Vincent Price. Halloween is coming a week early for a screening of Price's horror classic Theatre of Blood along with movie trailers, cartoons and an episode of "Lost in Space." 7 p.m., The Phoenix Landing Pub, 512 Mass. Ave. Free...
...children may struggle with learning for the rest of their lives. "If they're not getting the nurturing they need in the earliest years, their synaptic development shuts down, which in turn shuts down the foundations for learning and being a human being," says Matthew Melmed, executive director of Zero to Three, a nonprofit group focusing on the importance of the first three years of life...
...many short, overweight, non-English-speaking Chinese martial-arts experts have ever become stars of American television? While no definitive answer is possible, of course, an exhaustive study of the available data suggests that the number is zero. With the arrival of Sammo Hung, however, that figure is about to change. Hung stars in Martial Law, a new CBS drama that airs Saturdays at 9 p.m. E.T. Despite the lack of precedent, the series has won good ratings, and Hung has shown himself to be as appealing as any of TV's other leading men. To keep up with...
...most popular person at the party used to be the one flaunting the hottest stock tip. Pssst--zip drives. Ooh, baby! Not anymore. Today's darling is the geek in the corner explaining zero-coupon bonds. Zero what? You know, those tricky little devils that look like bonds and move like stocks and, um, are only up 25% this year after rising 22% last year. Ooh, baby! That's right. Just when you had given up on another year of 20%-plus investment gains (and having anything to gloat over), along comes a sharp decline in interest rates that...
...biggest spoils have gone to aggressive investors who own "zeros," which rise and fall about twice as fast as regular T-bonds. Zeros, up 9.3% in the third quarter, aren't as exotic as they sound. You may know them as TIGERS (Treasury income growth receipts) from Merrill Lynch or CATS (certificates of accrual on Treasury securities) from Salomon Smith Barney. Basically, a zero is a bond that pays no current interest and is sold at a deep discount to its face value. The interest payments are built into the price at which the holder redeems the bond when...