Word: size
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Dates: during 1990-1999
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...policy Washington over the next 10 years will collect a mind-boggling $2.9 trillion more than it spends--$1.9 trillion in the Social Security trust fund, and $1 trillion as an excess of tax collections over spending for everything else the Feds do. The $1 trillion overage is the size of the entire federal budget in 1987 and, paradoxically, creates a problem for politicians that they have never faced before: How best to channel that torrent of cash...
...word merger conjures up only thoughts of deals to join corporate giants like Exxon and Mobil, conjure again. What headline writers call "merger madness" is also breaking out among relatively pint-size companies, which seal new relationships in the cafeteria and celebrate with interpersonal mingling that can involve the whole staff. These not-so-big deals sometimes seem to occur in a business world altogether different from the one inhabited by the megabillion-bucks monsters. Witness the just completed merger of Personify and Anubis, two California e-commerce companies...
Mocha's comments point to another difference between little mergers and the monster variety (besides the obvious one of size). Although the conglomerate craze is waning, most big-time mergers still aim at a degree of diversification. But small firms almost always combine with others in the same industry. That, of course, frequently means mergers of direct competitors or potential competitors, like Personify and Anubis. But while trustbusters may try to stop such a merger between two giant competitors or at least attach onerous conditions, they are almost sure to ignore combinations of little competitors. It is difficult to imagine...
...SIZE MATTERS Ultralights (starting at 2.7 lbs.) are best for frequent travelers, but beware of cramped keyboards. And don't forget the added weight of external floppy and CD drives, plus extra batteries...
...foreseen by Y2K--a truly painful NBC film that last weekend became a late-breaking entry for the title of Worst TV Movie of the Millennium, despite some substantial competition. For what the movie lacks in budget and coherent plot, it makes up for in family-size doses of alarmism...