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Dates: during 2000-2000
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Critics insist that these diseases were already being conquered by better nutrition and sanitation before vaccines came along, and that the epidemics would eventually have petered out on their own. Oh, really? Then why hasn't the incidence of common colds declined and the number of chicken-pox cases (for which a vaccine was licensed only five years ago) been reduced? The sharp decline in communicable diseases has coincided, in each case, with the introduction of an appropriate vaccine...

Author: /time Magazine | Title: This Will Only Hurt for a Minute | 10/2/2000 | See Source »

...perfect match--say 100 million options exercised and 100 million shares repurchased--the all-important net effect on earnings per share is nil. But investors generally don't appreciate that. They see a huge stock buyback and assume it's positive because buybacks have traditionally reduced the number of shares outstanding, and that increased earnings per share and made each share more valuable...

Author: /time Magazine | Title: Buyback Baloney | 10/2/2000 | See Source »

...buybacks are increasingly concocted to offset the potential dilution of mega-stock-option grants, which exploded in number in the '90s. The strategy is especially prevalent among tech companies, including Dell, Adobe and Autodesk. But others, including Citigroup and Chiron, do it too. The idea is to buy back enough stock so that when executives and employees exercise options, the company can deliver the stock without printing more...

Author: /time Magazine | Title: Buyback Baloney | 10/2/2000 | See Source »

...tainted seed get into the tacos? They are sold by Kraft but made by a Mexican company whose corn comes from any number of U.S. farms. Farmers who grow StarLink do so on the condition that they'll keep it out of human food supplies--a promise that's easy to elicit but hard to enforce...

Author: /time Magazine | Title: Tempest in a Taco Shell | 10/2/2000 | See Source »

...remember it being this funny" is the constant refrain at the Ziegfeld Theatre in Manhattan, where the 1965 film The Sound of Music is getting The Rocky Horror Picture Show treatment. Viewers are invited to arrive in costume, sing along with every musical number as the film plays and comment out loud about the events on screen ("I'm gay!" shout several people whenever Uncle Max announces he has a surprise for the children). Some younger kids might be frightened by the spectacle of hundreds of New Yorkers, a few in drag, belting out So Long, Farewell...

Author: /time Magazine | Title: Theater: Sing-A-Long Sound Of Music | 10/2/2000 | See Source »

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