Word: makers
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That should have been no surprise. The Palestinian leader had made clear he didn't want to be at Camp David just now, still believing he'd already compromised enough and wary of dickering anymore over principles he held sacred. "I'm not a negotiator, I'm a decision maker," Arafat told an aide before boarding his jet for the U.S. While Barak showed up with a headful of new ideas on how to resolve thorny issues like boundaries for a new Palestinian state and the number of Palestinian refugees allowed to return to their homes, Arafat spent the first...
...whole shebang--optical networking. That's the business of sending digital information via light waves rather than electronic signals, and it has emerged as the latest, greatest Internet investing trend. Which means that companies involved in any phase of optical networking have become hot stocks. Component makers, such as JDS Uniphase and Corning, and system designers, such as Juniper and Ciena, are each up more than 50% this year. Last Friday, despite a vicious market sell-off, Corvis, an optical-equipment maker, launched its IPO at $36; it closed at $85. Corvis has no revenue and three corporate customers. High...
...technology is as tricky as it sounds, forcing component makers like JDS Uniphase and Corning, among others, to acquire those pieces of the tech puzzle they can't assemble in-house, using their richly valued stock as currency. Two weeks ago, industry leader JDS Uniphase bought fellow component maker SDL for $41 billion in stock. And last week Corning began talks to acquire Nortel's optical-components business for a staggering $100 billion. Negotiations broke off late in the week, in part because Nortel's optical assets were rising in value so rapidly...
...arrested for hacking into its computers 26. Mexicali Mrs. 29. C.W. Post is part of it 30. Gettysburg Address ender 31. Shakespeare prince 32. Team that baseball owners would like to disband 34. Kind of process 35. Opportunity for a hit 37. Magnum and others 38. Deep Blue's maker 39. Reddish-brown gemstone 40. He's signed on with the ad agency that helped elect Ventura 42. Prefix meaning personal 44. Bush got heckled by death-penalty opponents at its convention 48. Dow Jones fig. 50. City that's offering White Bikes 53. Dickensian epithet 54. The National Geographic...
...Indy 500 letters 2. Sephia maker 3. Affix one's John Hancock to 4. Zhu says protecting them with a missile shield would interfere in Chinese affairs 5. With 55-Across, co-author of a 1981 tax-cut bill 6. Rep. Hutchinson 7. Congresswoman Jennifer, named deputy permanent chairwoman for the G.O.P. convention 8. A constitutional change has cleared the way for him to seek re-election 9. Tony's son, who was arrested in London for public drunkenness 10. Thieves' hangouts 13. Empty, mathematically 15. Japanese honorific 19. Itches 20. He said Washington has too much money 21. Wife...