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...year deposit account with income tied to Standard & Poor's 500 stock index. Put in $10,000 now when the S&P is 450, and if the index average climbs 150 points by 1998, Citibank will return $6,660 along with the principal. Next to a conventional five-year CD, which would pay $2,613, the stock-linked account looks like a skyscraper. Should the market dive, the bank's customer, unlike the stockholder, retains the full initial investment. He also has FDIC . insurance, which no broker can match. Great upside possibilities. No downside...
...CD, Fleisher has put Wittgenstein's and his own misfortune to good use, playing three of the pieces commissioned by the Austrian. The Ravel Concerto in D Major is so powerfully conceived and artfully composed that its limitation is hardly apparent; in many ways it is superior to the same composer's two-handed Concerto in G Major. Fleisher digs into the dark, angst- ridden work, plumbing its depths with the unimpaired musical intelligence that has always marked his playing. (Would that his accompanists, Seiji Ozawa and the Boston Symphony, were on the same wavelength.) He sprints through Prokofiev...
Seek and ye shall find: since its release last April, more than 200,000 copies of the Nonesuch CD, featuring soprano Dawn Upshaw and the London Sinfonietta conducted by David Zinman, have been sold worldwide, 140,000 of them in Britain. An average classical album usually sells around 15,000 copies; the Gorecki recently sold 14,000 in a single day in Britain...
Sony, which introduced the first home-use CD player in 1982, is counting on its new minidisc to win over people who use standard cassette tapes. "The MiniDisc is designed to replace the analog cassette," says Michael Vitelli of Sony. The key is recordability. By making its MiniDiscs recordable, Sony reasoned, the company could ride the coattails of the CD explosion...
...market. Major record labels such as Warner Bros., Atlantic and GRP, a leading jazz house, have produced about 600 DCC titles and 350 minidisc titles featuring such artists as Bon Jovi, Natalie Cole and R.E.M. By comparison, music buyers had only about 20 titles to choose from during the CD player's rookie year on the market...