Word: soliders
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...housing market's foundation is solid. On the supply side, the inventory of houses for sale is lean and buildable lots in desirable neighborhoods are scarce. On the demand side, an increase in immigration, the coming of age of baby-boomer children, and affordable-loan programs for low-income families are fueling the market for starter homes. Boomers are in their prime earning years and are eager to move up to larger digs or acquire a vacation home. And best of all, interest rates are low. "We've looked at the bubble question, and we've concluded that...
...head-knocking search for synergies failed to appreciate that Time Warner's strength lay in the seasoned operating executives at the top of its various divisions, who have produced solid earnings quarter after quarter, regardless of which vision of the month their corporate overlords were selling to Wall Street. Time Warner's weakness has been the inability of the dreamers and bureaucrats in its headquarters to effectively tie the whole enterprise together. Parsons, who took charge as CEO only in May after the retirement of Gerald Levin, had limited experience as a big-league operating executive and knew that...
...past few years, in fact, scientists have been finding life in all sorts of places where biology textbooks say it shouldn't exist. Microorganisms are thriving in thermal springs in Yellowstone National Park and in pristine veins of water two miles underground in South Africa. They're living in solid rock at the bottom of deep mines. They're growing in brine pools five times saltier than the ocean, in tiny pockets of liquid embedded in sea ice and in places with toxic levels of heavy metals, acids and even radiation...
...sluice, of gags about penis size, urine, excrement and farts. In silhouette, Austin appears to gratify himself in nearly impossible ways. Fat Bastard, the studiously repellent Myers character whose very image is an affront to this hallowed page, expels something into his shorts, then muses on whether it's solid, liquid or gas. The film's title says its wit is in its groin. Laugh or groan at Goldmember--and Myers wants you to do both--it is not for kids...
This year through June, investors have pumped $1.3 billion into emerging-market funds, after taking out $110 million in 2001, reports fund-research firm Lipper. South Korea, Pakistan, Russia and Thailand are up more than 20% this year. Many emerging markets were solid winners last year too. Typical stocks in Russia and South Korea trade at just eight times next year's projected earnings. That's less than half the developed world's P/E ratio. A broad mix of emerging-market stocks--most easily available through mutual funds--is up 3% for the year, a downright gaudy figure next...