Reviewed by SAM TANENHAUS
These new and collected stories remind us how broad Jay McInerney’s scope has been and how confidently he has ranged across our national experience during his nearly 30-year career.
That contrasts with Mr. Clinton, who liked free-ranging discussion and took time making decisions. Mr. Podesta, Mr. Clinton’s last White House chief of staff, described the former president as brilliant at “thinking laterally” across subject areas. “One thing that seemed not to have taken on Bill Clinton is law school,” he said. “I tend to think of the president-elect as approaching a problem in a more logical, more drill-down sort of way.”
Democrats to Merge Money Machines
Getty Images
此處的Money Machines指的選舉捐款人和機關等 它的另外意思指"提款機"
Camouflaged gunmen fired on an armored car carrying international monitors at close range Wednesday, near the border with the breakaway region of South Ossetia.
July 18, 2008, 12:08 pm
Google, a Range-Trade Stock
Posted by David Gaffen
It seems bizarre when thinking about it, but Google Inc. is now a stock stuck in a trading range.
The company’s earnings report, viewed as a disappointment after the Internet-search giant cautioned about economic weakness for the first time (even bringing on the firm’s chief economist to talk macro issues on its conference call), has shares sagging, down $47.03 to $486.04, or 9% Friday.
After its stratospheric rise to a 52-week high of $747.24, reached Nov. 7, 2007, the stock has fallen sharply, and has spent the last couple of months bouncing between about $480 and $600 a share.
“It’s a great example of momentum investors getting out of a name that doesn’t have the upward momentum that people want,” says Kim Caughey, senior investment analyst at Fort Pitt Capital Group in Pittsburgh. “The economy isn’t giving them a tailwind, and international growth is good, but not enough to overcome the trend which is slowing growth.”
Part of the dissatisfaction from investors relates to Google’s reliance on advertising-based revenue for most of its growth, and its rate of growth for paid clicks on ads is slowing, notes Ben Worthen at the WSJ Business Technology blog. “Given Microsoft’s struggles turn a profit from search and Google’s announcing results that make it look like a real company and not the U.S. Mint, maybe it’s time we stopped thinking about search as Internet equivalent of an ATM,” he writes.
And while Google is likely to continue to pull advertising away from traditional media outlets, this trend won’t continue forever. Its ability to do so for as long as it has enabled investors to use a “buy high and sell higher” strategy, Ms. Caughey says, but when the growth story falters, this type of trade stops working.
Perhaps investors are just coming to grips with that, writes Sean Udall, on Minyanville.com, who says the “bar and expectations are just out of the world for the company. Google’s days of posting quarterly EPS crushes are gone.”
This is why analysts at BMO Capital Markets suggest that rallies aren’t to be trusted for long. “We continue to view GOOG as range-bound with higher likelihood for trading returns achievable when accumulating below $480 and reducing positions in the above $550 [range],” they write.
automated teller machine
n. (Abbr. ATM)
An unattended electronic machine in a public place, connected to a data system and related equipment and activated by a bank customer to obtain cash withdrawals and other banking services. Also called automatic teller machine, cash machine; Also called money machine.
Clinton has promised to orchestrate a meeting between her fund-raisers and Obama, But whether operations at the two camps can be united remains an open proposition, and likely depends on how Clinton handles her concession Saturday.
free range
adj.
Of, relating to, or produced by animals, especially poultry, that range freely for food, rather than being confined in an enclosure: free-range chickens.
The company’s earnings report, viewed as a disappointment after the Internet-search giant cautioned about economic weakness for the first time (even bringing on the firm’s chief economist to talk macro issues on its conference call), has shares sagging, down $47.03 to $486.04, or 9% Friday.
After its stratospheric rise to a 52-week high of $747.24, reached Nov. 7, 2007, the stock has fallen sharply, and has spent the last couple of months bouncing between about $480 and $600 a share.
“It’s a great example of momentum investors getting out of a name that doesn’t have the upward momentum that people want,” says Kim Caughey, senior investment analyst at Fort Pitt Capital Group in Pittsburgh. “The economy isn’t giving them a tailwind, and international growth is good, but not enough to overcome the trend which is slowing growth.”
Part of the dissatisfaction from investors relates to Google’s reliance on advertising-based revenue for most of its growth, and its rate of growth for paid clicks on ads is slowing, notes Ben Worthen at the WSJ Business Technology blog. “Given Microsoft’s struggles turn a profit from search and Google’s announcing results that make it look like a real company and not the U.S. Mint, maybe it’s time we stopped thinking about search as Internet equivalent of an ATM,” he writes.
And while Google is likely to continue to pull advertising away from traditional media outlets, this trend won’t continue forever. Its ability to do so for as long as it has enabled investors to use a “buy high and sell higher” strategy, Ms. Caughey says, but when the growth story falters, this type of trade stops working.
Perhaps investors are just coming to grips with that, writes Sean Udall, on Minyanville.com, who says the “bar and expectations are just out of the world for the company. Google’s days of posting quarterly EPS crushes are gone.”
This is why analysts at BMO Capital Markets suggest that rallies aren’t to be trusted for long. “We continue to view GOOG as range-bound with higher likelihood for trading returns achievable when accumulating below $480 and reducing positions in the above $550 [range],” they write.
automated teller machine
n. (Abbr. ATM)
An unattended electronic machine in a public place, connected to a data system and related equipment and activated by a bank customer to obtain cash withdrawals and other banking services. Also called automatic teller machine, cash machine; Also called money machine.
Clinton has promised to orchestrate a meeting between her fund-raisers and Obama, But whether operations at the two camps can be united remains an open proposition, and likely depends on how Clinton handles her concession Saturday.
free range
adj.
Of, relating to, or produced by animals, especially poultry, that range freely for food, rather than being confined in an enclosure: free-range chickens.
Trading Range
The spread between the high and low prices traded during a period of time.
Investopedia Says:
When a stock breaks through or falls below its trading range after several days of trading in a range, it usually means there is momentum (positive or negative) building.
range was found in the Cambridge Advanced Learner's Dictionary at the entries listed below.
- range (SET)
- range (LIMIT)
- range (POSITION)
- range (MOVE)
- range (WEAPONS AREA)
- range (LAND)
- range (COOKER)
- age group
- free-range
- long-range
- range finder
- rifle range
- short-range
- range against/with sth/sb
- at close quarters/range
at close quarters/range
(from) a short distance away:
When you see famous people at close quarters, they always appear much smaller than you imagined them.
He was shot at close range.
mesosphere 和 stratosphere
這兩高氣層都可以用來比喻經營者的高處不勝寒。strat•o•sphere (străt'ə-sfîr')(平流層,同溫層)
n.
1. The region of the atmosphere above the troposphere (對流層)and below the mesosphere.
An extremely high or the highest point or degree on a ranked scale: business expenses in the stratosphere.
[French stratosphère : Latin strātus, a spreading out; see stratus + -sphère, sphere (from Old French espere; see sphere).]
更高層的大氣為mesosphere(中氣層),臭氧層處、空氣稀薄、慧星多在該層焚化。
At his apex, Mr. Black and his wife, Barbara Amiel, shuttled in a company Gulfstream among grand homes in London; New York; and Palm Beach, Fla. Where high society was concerned, Mr. and Mrs. Black appeared to live in the mesosphere, the place above the stratosphere where the air is thin and meteors burn up.
在他們夫婦事業戥巔峰(apex),他們搭乘自用飛機(Gulfstream 公司品牌)遊走於世界各處豪宅…..
自動櫃員機(ATM機 automaed teller machine (簡記: ATM) )提現金、帳戶轉帳、股票交易等。
An unattended electronic machine in a public place, connected to a data system and related equipment and activated by a bank customer to obtain cash withdrawals and other banking services. Also called automatic teller machine, cash machine; Also called money machine.
*****
英國民營提款機業者「銀行機」(Bank Machine)今年春天起將在購物中心和便利商店等地點,裝設新型Max Box多功能提款機。這種提款機不僅具有提領現金、電子錢包儲值等功能,還設有無線網路,使用者可以用手機免費上網遨遊,或者在提款機下載手機桌布、鈴聲和遊戲。如果覺得無聊,還可以投幣點歌,提款機立即搖身一變成了點唱機,另外可以列印數位相片。
在英國,民眾在這類民營提款機領錢,須負擔平均1.5英鎊(約95元新台幣)手續費。Max Box提款機下載服務費用未定,不過,業者強調肯定物超所值。
在英國,民眾在這類民營提款機領錢,須負擔平均1.5英鎊(約95元新台幣)手續費。Max Box提款機下載服務費用未定,不過,業者強調肯定物超所值。
ATM to offer downloads and games
The Max Box offers a range of digital services
|
The Max Box, which has been developed by Felix Group and is distributed by Bank Machine, will also allow users to download games and mobile ring tones.
The Max Box is a free standing, broadband kiosk and is likely to be located in garage forecourts, shopping centres and convenience stores.
Bank Machine has 1,400 UK ATMs, most of which charge for withdrawing cash.
Some ATMs operated by High Street banks allow customers to top-up their mobile phones but the Max Box is believed to offer the greatest number of non-cash services.
Customers using the Max Box will be expected to pay a fee for non-cash services. However, the level of charges is not yet known.
Max Box machines will start to appear in the spring.
Controversy
Bank machine, a division of US firm Cardtronic, is one of the main operators of fee-charging ATMs in the UK.
Fee-charging cash machines have courted controversy, with charities and consumer groups arguing that they penalise the poor.
The suggestion has been that traditional free-to-use ATMs, operated by High Street banks, have been shut in some poorer areas of the UK and been replaced by fee-charging machines.
Just under half of the UK's 58,000 cash machines charge an average of $1.50 for a withdrawal.
The rate of spread of charging cash machines has been phenomenal in recent years. Six years ago there were only a handful of charging machines.
top・up
(酒などの)つぎ足し.
(酒などの)つぎ足し.
top sth up (MONEY) phrasal verb [M]
to add more of something, especially money, to an existing amount to create the total you need:
Students are able to take out loans to top up their grants.
This is the easiest way to top up your mobile phone card.
top-up fees/payments
top-up
noun [C]
The bank agreed to lend me a top-up of $500.
to add more of something, especially money, to an existing amount to create the total you need:
Students are able to take out loans to top up their grants.
This is the easiest way to top up your mobile phone card.
top-up fees/payments
top-up
noun [C]
The bank agreed to lend me a top-up of $500.
top-up
Pronunciation:
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