Word: dips
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...multichannel dotcoms cheerily dip into bottomless parent-company purses, e-tailers that used to burn cash like a yuletide log have turned into Scrooges--slashing costs, scanning the bottom line and praying fervently for a Christmas Future. Sites such as eToys, whose stock has dropped 94% in a year, openly admit they will need cash transfusions by the end of 2001. "We need one more round of financing to break even," says Toby Lenk, founder of eToys. That's why grabbing an impressive chunk of the estimated $12 billion being spent online this November and December is "absolutely critical," adds...
...since the election, I have reread "War and Peace," interminable and still the greatest novel. No one ever described the fog of battle better than Tolstoy. I have lately been comforting myself with the Book of Proverbs, which I carry around in a pocket edition from Grove Press and dip into whenever I have had too much of "Hardball" or "The O'Reilly Factor...
...dip into money set aside for long-term projects," said Jeffrey A. Letalien '01, who is the head of Justin A. Barley's campaign for council president. Now "without a term bill increase we have a hard time providing grants we'd like to provide...
...markets are handling the ongoing non-election pretty well. Since taking a deep dip Monday that had Bush surrogate-in-chief James Baker invoking "instability" as a reason to stop the re-recounting in Florida, both the Dow and NASDAQ have been going about their bargain-hunting unperturbed by the legal and political quagmires in the Sunshine State. Both indexes posted steep three-digit gains Tuesday. On Wednesday the buyback continued - apparently some investors see an end to the Florida mess by next week...
...markets are handling the ongoing non-election pretty well. Since taking a deep dip Monday that had Bush surrogate-in-chief James Baker invoking "instability" as a reason to stop the re-recounting in Florida, both the Dow and NASDAQ have been going about their bargain-hunting unperturbed by the legal and political quagmires in the Sunshine State. Both indexes posted steep three-digit gains Tuesday. On Wednesday the buyback continued - apparently some investors see an end to the Florida mess by next week...