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Investors lost confidence in the technology sector, Coscetta says, when Goldman Sachs, an investment bank with very large holdings, announced two weeks ago that it was removing a portion of its institutional investments from NASDAQ stocks and moving them back to Dow stocks. Goldman Sachs has one of the biggest proportions of institutional investments in the market, Coscetta says...

Author: By Eric S. Barr, CRIMSON STAFF WRITER | Title: Students Hang Tight as Markets Take a Dive | 4/21/2000 | See Source »

...What we are going to see in the future is more reality and stability in the market," he says. "This means no more no tech sector IPOs that triple on the first...

Author: By Eric S. Barr, CRIMSON STAFF WRITER | Title: Students Hang Tight as Markets Take a Dive | 4/21/2000 | See Source »

...Amazon.com CEO Jeff Bezos who preached the gospel of getting big at all costs in order to dominate an online sector. And he may emerge as the biggest beneficiary, even though Amazon, which attracts more than 17 million customers a month, has yet to earn a penny of profit (one reason its shares closed at $67.56 last week, down from their peak of $113 in December...

Author: /time Magazine | Title: Doom Stalks The Dotcoms | 4/17/2000 | See Source »

Gene patents, to be sure, can be useful. Without them, the private sector wouldn't ante up the billions of dollars needed to drive biotechnology. But critics feel that far too many patents are being issued on DNA sequences whose commercial use is unclear. Though the Patent and Technology Office is trying to reduce the number of approvals it issues, no one doubts the courts will eventually have to step in. But now the rush is on to patent every gene in sight...

Author: /time Magazine | Title: Battle Pending | 4/17/2000 | See Source »

...military survice. To figure out what's happened to this once-proud tradition, Army chief of staff Gen. Eric Shineski commissioned a survey of soldiers at Ft. Leavenworth, Kan. Judging from the initial results it looks as if the problem runs deeper than the lure of the booming tech sector. The Washington Post reported Monday that in the first set of surveys tallied, soldiers blame the Army's leadership for the exodus. The surveys found that low-ranking personnel don't feel a sense of loyalty flowing downward from their commanding officers, while most soldiers feel that the Joint Chiefs...

Author: /time Magazine | Title: Without an Enemy, What Makes a Soldier's Heart Sing? | 4/17/2000 | See Source »

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