Word: caterpillar
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Dates: during 1990-1999
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...Cotulla. It was the perfect antidote to the brainy world he inhabited the rest of the year. On the ranch he'd ride horses, brand cattle with a LAZY G, fix windmills and tool around in a 1962 International Harvester Scout. He helped his grandpa fix a D6 Caterpillar tractor using nothing but a 3-ft.-high stack of mail-order manuals. "You have to have a lot of patience on a ranch in the middle of nowhere," he says...
...walks into a major department store in Paris wearing Caterpillar boots, a Jack Daniels cap, Club Med shades, a Cadillac polo shirt and Marlboro jeans. He smells ruggedly of Chevrolet aftershave. He buys a set of Le Cordon Bleu cookware for his wife and a Jeep radio-CD player for himself. To pay, he flips opens his Harrods leather wallet and whips out a Jaguar Visa card. He's branded to the hilt, and the embodiment of European consumerism for the new millennium...
What should you own? If rates keep rising, the rotation into cyclical stocks like Alcoa and Caterpillar that began in April but stalled over the summer could regain momentum. "That play has been shaken but not yet disproved," notes John Manley, market strategist at Salomon Smith Barney. In the fixed-income world, short-term securities are best because they are easily held to maturity and rolled into higher-paying investments...
...days all the tunnels and shafts had to be dug with pick, shovel and explosives--backbreaking work. Now there are circular drills mounted on caterpillar treads, which lurch forward chewing at the soft rock, making a hellish racket that changes to a shrill glass-crunching scream when the teeth hit a pocket of "potch" (the gray waste near opal that runs in veins through the matrix). These drills are 4 ft. in diameter, and they create vaults in the tunnel roofs--beautiful, arched Romanesque spaces cut in the creamy pink-veined stone. It is troglodyte architecture: dense, theatrical and intensely...
...Nature, Cornell entomologist John Losey and his colleagues reported that pollen from corn made pest-resistant by the addition of bacterial genes could spell trouble for monarchs. In his experiments, Losey scattered pollen from the genetically modified corn onto milkweed--the butterfly's only food during its larval or caterpillar stage--and watched what happened with alarm. Most of the caterpillars that ate these leaves either died or were stunted...