2021年時(shí)代經(jīng)典商業(yè)英語(yǔ)

1、時(shí)代經(jīng)典商業(yè)英語(yǔ) 我們?cè)诘倪^(guò)程中會(huì)很困難，但是英語(yǔ)對(duì)我們無(wú)論是工作還是生活還是很有用的，今天就給大家?guī)?lái)了，歡迎大家閱讀 Black Monday 黑色星期一 Never far from bearish minds is the 1987 crash,which saw the Dow Jones Industrial Average Plunge 508 points on Black Monday. 熊市人士的心中，殷鑒不遠(yuǎn)的是1987年的大 _：道瓊斯工業(yè)指數(shù)在黑色星期一慘跌508點(diǎn)。 That 508-point plunge on Black Monday was worsened

2、 by so-called portfolio insuran _, 黑色星期一508點(diǎn)的狂跌，被所謂“證券”火上加油。 which is puterized programs designed to bail investors out of stocks in a downturn by selling stock futures. 這種程序設(shè)計(jì)的目的，就是要在下跌時(shí)大賣(mài)股票，以助投資人殺出股市。 blue chip 績(jī)優(yōu)股 And while other blue-chip firms such as Sears,IBM and General Motors,floundered in

3、the 1980s, 1980年代，當(dāng)其他績(jī)優(yōu)股如西爾斯百貨、IBM和通用在掙扎時(shí)， most GE units surged ahead and consistently hit Welchs target of being No.1or No.2 in every _rket. 奇異集團(tuán)大多數(shù)的機(jī)構(gòu)卻都能大幅上漲，并且如Welch所愿，在各該領(lǐng)域中都能維持第一或第二的成績(jī)。 Like their American counterparts,Japanese executives cheerfully overpaid for their late-80s acquisitions. _企業(yè)

4、主管也和他們的美國(guó)同儕一樣，在1980年代末期高高興興地花冤枉錢(qián)進(jìn)行一堆購(gòu)并案。 But the Japanese _de another fundamental miscalculation, 但 _人犯了另一個(gè)基本的錯(cuò)誤。 says Gray Saxonhouse,an economics professor at the University of Michigan: 密歇根大學(xué)教授Gray Saxonhouse指出： They had a faith in American land _rks a faith in American blue-chip names. “他們對(duì)美國(guó)的陸標(biāo)

5、太有信心，對(duì)美國(guó)的名牌企業(yè)也同樣太有信心?！?bull _rket 牛市、多頭市場(chǎng) Some _ysts,dwelling on the fundamentals rather than superstition, 一些堅(jiān)守基本觀念而不盲從的分析家認(rèn)為， think the epic bull _rket that began in 1982 has finally entered a long season of bearishness 自1982年來(lái)持久不衰的牛市，終于進(jìn)入了 _的熊市， because of the likelihood of very show economic gro

6、wth in the 1990s. 因?yàn)?990年代的經(jīng)濟(jì)增長(zhǎng)似乎會(huì)非常緩慢。 Share pri _s in the relentlessly upbeat stock _rket now stand at skyhigh levels by historical standards, 在這毫不猶豫向前沖的股市中，現(xiàn)在的股價(jià)指數(shù)站在新高點(diǎn)， and dividend yields have fallen to near record lows- 但股利卻幾乎掉到創(chuàng)紀(jì)錄的低檔 classic signals that the bull _rket that began 2 1/2 years

7、ago has got dangerously long in the tooth. 這是很典型的警訊：兩年半前開(kāi)始的牛市已經(jīng)持續(xù)太久到搖搖欲墜的地步了。 corporate bond 公司債券 The average aggressive-growth fund has risen 29% in the past 12 months.Corporate-bond funds gained 13% overall. 高增長(zhǎng)基金在過(guò)去12個(gè)月平均漲幅為29%，而公司債券基金漲幅為13%。 As a graduate business student at Pennsylvanias Wharto

8、n School,Milken _de junk bonds a focus of his scholarship. 垃圾債券大王米爾肯還在賓州大學(xué)華頓商學(xué)院念研究生時(shí)，他就以研究垃圾債券得到獎(jiǎng)學(xué)金。 Despite their reputation for high risk,he found that the securities showed a history of few defaults. 他發(fā)現(xiàn)雖然垃圾債券風(fēng)險(xiǎn)有名的高，但是在過(guò)去卻很少出現(xiàn)問(wèn)題。 Milken believed the securities relatively high yields,typically 3%

9、to 5% more than any investment-grade corporate bond,were more than enough pensation for that slightly increased risk. Milken相信這種證券在利潤(rùn)上比任何的投資級(jí)公司債券都要高3%至5%的情形下，遠(yuǎn)可以彌補(bǔ)稍微偏高的風(fēng)險(xiǎn)所可能帶來(lái)的損失。 default 違約 Greenspans strong hint last week that the Federal Reserve will continue to push up interest rates 上周Greenspan

10、強(qiáng)烈暗示聯(lián)邦儲(chǔ)備銀行將持續(xù)調(diào)高利率， heightened worries that more gover _ents with over-leveraged portfolios heavily based on interest rate bets could be for _d to default. 如此一來(lái)，更多的 _就更要擔(dān)心他們主要靠賭利率才能維持的一個(gè)以債養(yǎng)債的局面即將崩潰，使他們被迫違約。 | Poorer parents,meanwhile, _y be tempted to borrow more than they ever expect to repay: 同時(shí)，比較

11、貧困的家長(zhǎng)可能受到誘惑，去借些自己根本沒(méi)打算還的錢(qián)。 the default rate on gover _ent-backed loans is roughly 22% and bound to rise. _提供的貸款中，違約不還的比例是22%，而且一定會(huì)再升高。 dividend 股利 But sales rose even faster,and Ford Motor raised its dividend 12.5%, 但是營(yíng)業(yè)額增長(zhǎng)得更快，而且福特汽車(chē)的股利增長(zhǎng)了12.5%， the first increase sin _ 19 _. 是自19 _年來(lái)的首次增長(zhǎng)。 Dow-Jone

12、s Industrial Average 道瓊斯工業(yè)指數(shù) The Dow Jones Industrial Average closed this week at 2,909,1. 道瓊斯工業(yè)指數(shù)本周收盤(pán)時(shí)是2909.1點(diǎn)， up 6.3% in the past four weeks and up 544 points,or 23%,sin _ its October low. 在過(guò)去四周來(lái)上漲了6.3%，比起去年10月的低點(diǎn)，漲了23%，即544點(diǎn)。 The stock _rket gave the flagging recovery an apparent vote of noconfi

13、den _ last week when the Dow Jones Industrial Average plunged 120 points on Friday. 股市上周對(duì)于虛弱的景氣復(fù)蘇明顯投下了不信任票，以致周五時(shí)道瓊斯工業(yè)指數(shù)大跌120點(diǎn)。 Argentinas stock _rket rose 53% in 1993,for example, 例如阿根廷股市在1993年增長(zhǎng)53%， while Brazils more than doubled in value. 而巴西股市的價(jià)值增長(zhǎng)超過(guò)一倍。 institutional investor 機(jī)構(gòu)投資者 Another sour

14、_ of fear is institutional investor. 另一個(gè)值得畏懼的團(tuán)體是機(jī)構(gòu)投資者。 While unseating corporate directors is even more difficult than dislodging political incumbents, 因?yàn)橐哑髽I(yè)主管拉下臺(tái)比罷免現(xiàn)任 _官員還要困難， big investors are using their vast holdings to put pressure on board members. 所以大股東乃利用龐大的持股來(lái)向董事會(huì)施壓。 investment bank 投資銀行 T

15、hanks to record sales of everything from derivatives to new stock and bond issues to merger financing, 由于所有業(yè)務(wù)的營(yíng)業(yè)額都創(chuàng)新高，包括衍生性金融商品、新股與債券發(fā)行，還有并購(gòu)， the pretax profits of U.S.brokers and investment banks zoomed to an unpre _dented $8.9 billion last year. 美國(guó)證券經(jīng)紀(jì)商與投資銀行在去年的稅前盈余增加到史無(wú)前倒的 _億美元。 junk bond 垃圾債券 Wh

16、en junk-bond king Michael Milken copped a plea last April, 當(dāng)垃圾債券大王Michael Milken去年4月認(rèn)罪之時(shí)， he disappointed everyone who had been hoping to see the white-collar trial of the decade. 他讓所有期待觀看一場(chǎng)1980年代白領(lǐng)犯罪大審判的人失望了。 NASDAQ 美國(guó)場(chǎng)外交易市場(chǎng)自動(dòng)報(bào)價(jià)系統(tǒng) That kind of talk worries officials at the New York Stock Exchange:

17、這種談話(huà)使紐約股市的人員擔(dān)心。 trading technology is advancing so rapidly that the Big Board could be bypassed by such new high-tech systems as the Arizona Stock Exchange,the NASDAQ and now Globex. 撮合交易的進(jìn)步神速，紐約股市的大看板可能被下列高科技的系統(tǒng)所取代：亞利桑那證券交易所、美國(guó)場(chǎng)外交易市場(chǎng)自動(dòng)報(bào)價(jià)系統(tǒng)以及現(xiàn)在的全球交易所。 Nikkei Stock Average 日經(jīng)股價(jià)指數(shù) When the volatile Ni

18、kkei stock index plunged 3.9% last Monday, 當(dāng)上周反復(fù)無(wú)常地日經(jīng)股價(jià)指數(shù)大跌3.9%后， _ny shell-shocked Tokyo investors feared that the entire economy was heading toward the abyss. 許多被嚇壞的東京投資者害怕整個(gè)經(jīng)濟(jì)又將跌入深淵。 Even more frightening was the more re _nt,and more devastating,collapse of the Japanese stock _rket 更恐怖的是：更接近現(xiàn)在、更慘

19、烈的 _股市 _， that began in 1990,when the bloated Nikkei average plummeted from nearly 39,000 to less than 15,000 in 2 1/2 years. 高漲的日經(jīng)平均指數(shù)在兩年半內(nèi)從將近39000點(diǎn)跌到15000點(diǎn)以下。 public offering 公 _行 Falcon Cable TV,a Los Angeles-based pany with 1.1 million cable subscribers, 位于洛杉磯，擁有110萬(wàn)用戶(hù)的Falcon Cable TV last week

20、halted plans for a $125 million public offering in the wake of the FCC order. | 上周因?yàn)镕CC的，而停止了一項(xiàng)1.25億美元的公 _行計(jì)劃。 S&P 500 標(biāo)準(zhǔn)普爾500股價(jià)指數(shù) The S&P 500 gained even more than the Dow during 1991,rising 26%, 標(biāo)準(zhǔn)普爾500股價(jià)指數(shù)在1991年上漲26%， and NASDAQ,the most popular measure for s _ll stocks,surged a record 57%. 超過(guò)道瓊斯

21、指數(shù)，而小型股的最流行指標(biāo)NASDAQ則飆漲57%。 In Chicago the Mercantile Exchange twi _ halted trading in S&P 500 futures contracts,which represent the stocks in the Standard & Poors 500 index. 在芝加哥的商品交易所，兩次中止代表標(biāo)準(zhǔn)普爾500股價(jià)指數(shù)的標(biāo)準(zhǔn)普爾500期貨交易。 SEC 證券與交易委員會(huì) Under new SEC rules,panies must provide,in their annual report to share

22、holders,some value for the stock options granted to executives. 根據(jù)證券與交易委員會(huì)的規(guī)則。企業(yè)在提供給股東的年度中，一定要披露提供給公司高級(jí)主管的認(rèn)股權(quán)的部分價(jià)值。 Boom,Boom,Ka-boom! 漲，漲，爆掉! 1.The day was star-crossed: 這一天是命運(yùn)多舛的： Friday the 13th in the month of October,on the eve of the second anniversary of a devastating _rket crash. 10月的13號(hào)星期五，

23、正好是一場(chǎng)股市 _災(zāi)難的兩周年前夕。 Im _ing you,psychology is really funny.People get crazy in situations like that,said portfolio strategist Elaine Garzarelli. 投資組合策略專(zhuān)家Elaine Garzarelli說(shuō)：“我跟你說(shuō)，心理是奇怪的東西。在那種情況下人們真的瘋掉了?！?Last week Friday the 13th lived up to its frightful reputation. 上周的13號(hào)星期五并沒(méi)有辜負(fù)它恐怖的名聲。 After drifti

24、ng lower at a sleepy pa _ for most of the day,the Dow Jones industrial average abruptly lurched into a hair-raising sky dive in the final hour of trading. 在大半天之內(nèi)以令人打瞌睡的速度往下游移的道瓊斯工業(yè)指數(shù)，突然在最后一小時(shí)爆出令人發(fā)指的長(zhǎng)黑行情， By the time the 4 p.m. closing bell halted the rout,the index had dropped a night _rish 190.58 p

25、oints, 當(dāng)4點(diǎn)整的收盤(pán) _響起，止住這一敗涂地的狂瀉時(shí)，指數(shù)已經(jīng)暴跌了惡夢(mèng)般的190.58點(diǎn)， or nearly 7%,to close at 2569.26. 將近7%跌幅，而以2569.26點(diǎn)作收。 2.The sell-off was the sharpest sin _ the _rket plunged 508 points on Oct.19,1987. 這次是自1987年10月19日股市 _508點(diǎn)以來(lái)的最大跌幅。 In terms of points,it was the second largest loss in Wall Street history; 以點(diǎn)數(shù)來(lái)說(shuō)

26、，是華爾街有史以來(lái)第二大的損失; in per _ntage,the day ranked twelfth worst. 以百分比來(lái)說(shuō)，是第12高跌幅。 Its total emotional and psychological _s,said Eugene Peroni,an _yst with Janney Montgomery Scott,a Philadelphia brokerage firm. Eugene Peroni是費(fèi)城的證券公司Janney Montgomery Scott的分析師，他說(shuō)：“這是情緒與心理雙重的大混亂。 People are dumping everythi

27、ng.A great deal of money is being lost. 大家什么都賣(mài)。大把的鈔票就這么沒(méi)了?！?3.The drop invited instant parison with the months two historic calamities: 這次重挫很快引來(lái)與歷史上發(fā)生在10月的另兩次大禍的比較： the 1987 collapse on Oct.19 and the 1929 debacle on Oct.29. 1987年10月19日的 _與1929年10月29日的長(zhǎng)黑。 Particularly gnawing was the memory that 198

28、7s Black Monday was pre _ded by a Friday plunge of 108.35 points. 特別令投資人心生恐懼的是1987年的“黑色星期一”之前的那個(gè)星期五交易日，也是大跌108.35點(diǎn)。 Last weeks drop-off rekindled fears 上周的暴跌重新挑起人們的害怕： that an era of heedless borrowing by corporations and the Federal Gover _ent might finally be ing to grief. 企業(yè)與聯(lián)邦 _不加思索就拼命借貸的時(shí)代可能終于到

29、了悲哀的一刻。 At the very least,the rout reminded investors that the stock _rket is a volatile pla _ where fortunes can vanish at the touch of a puter key. 這次潰敗至少證明股市仍是一個(gè)變化多端的所在，財(cái)產(chǎn)可以在彈指之間消失無(wú)蹤。 After one frantic hour of selling conducted to a large extent by program trades,nearly $200 billion of stock valu

30、es were wiped out last week. | 在上周，只要瘋狂的一個(gè)鐘點(diǎn)，大部分通過(guò)電腦進(jìn)行的殺出動(dòng)作就使股市損失了將近2000億美元。 4.The Bush Administration moved swiftly to avert any sense of crisis after the _rket closed. _么 _在收市后迅速行動(dòng)，消除人民心中的危機(jī)感。 Declared Treasury Secretary Nicholas Brady: 財(cái)政部長(zhǎng)Nicholas Brady宣稱(chēng)： Its important to recognize that todays

31、stock _rket decline doesnt signal any fundamental change in the condition of the economy. “我們必須了解，今天的股市長(zhǎng)黑并不意味經(jīng)濟(jì)狀況有任何根本的改變。 The economy re _ins well balan _d,and the outlook is for continued moderate growth. 國(guó)內(nèi)經(jīng)濟(jì)相當(dāng)穩(wěn)定，而展望未來(lái)，仍可繼續(xù)有溫和的增長(zhǎng)?！?But Massachusetts Democrat Edward Markey,who chairs a House submi

32、ttee on telemunications and finan _,vowed to hold hearings this week on the stock _rket slide. 但是麻州 _黨眾議員Edward Markey，目前主掌眾院的一個(gè)通訊與財(cái)政小組委員會(huì)，他堅(jiān)稱(chēng)要本周針對(duì)股市大跌 _聽(tīng)證會(huì)。 Said he:This is the second heart attack. 他說(shuō)：“這是第二次發(fā)作了。 My hope is that before we have the inevitable third heart attack,we pay attention to th

33、ese problems. 我希望在不可避免的第三次發(fā)作來(lái)到之前，我們應(yīng)該注意這些問(wèn)題?！?5.Experts found no shortage of culprits to blame for the latest debacle. 對(duì)于最近的這次暴跌，專(zhuān)家不愁找不到理由來(lái)怪罪。 A series of downbeat realizations converged on Friday, 在星期五，一堆悲觀的事全湊在一塊兒， ranging from signs of a new burst of inflation to sagging corporate profits to trou

34、bles in the junk-bond _rket that has fueled _jor takeovers. 包括通貨膨脹爆發(fā)的新跡象，企業(yè)低落的利潤(rùn)，以及促成大型購(gòu)并案的垃圾債券市場(chǎng)出毛病。 The singular event that shook investors was the faltering of a $6.75 billion labor- _nagement buyout of UAL,the parent pany of United Airlines,the second largest U.S.carrier. 至于攻潰股市人心的單一 _，則是美國(guó)第二大的聯(lián)

35、合 _公司一樁未談攏的購(gòu)并案。聯(lián)航母公司UAL的勞資雙方合作欲以67.5億美元買(mǎi)下UAL，但是沒(méi)有談成。 Thats when all hell broke loose,said Robert New _n,a floor trader for Equitrade Partners. Equitrade Partners公司的交易員Robert New _n說(shuō)：“時(shí)至于此，一切都完了。 It was very reminis _nt of something I do not care to think about. 這次 _，跟我想都不愿想的一件往事實(shí)在太類(lèi)似了?！?6.On one poi

36、nt most thoughtful Wall Streeters agreed: 有頭腦的華爾街人士都同意一點(diǎn)： the _rket had reached such dizzying heights that a correction of some sort seemed almost inevitable. 股市指數(shù)沖到令人“往下看會(huì)”的高點(diǎn)時(shí)，某種“回檔”似乎是無(wú)可避免的。 Propelled by favorable economic news and a wave of multibillion-dollar takeovers,stocks had soared more th

37、an 1,000 points sin _ the 1987 crash. 受到經(jīng)濟(jì)好消息及一波波數(shù)十億元的購(gòu)并案激勵(lì)，股市自1987年 _以來(lái)已經(jīng)上漲超過(guò)1000點(diǎn)。 But by last August some Wall streeters were clearly worried. 可是到了8月，有些人就明顯開(kāi)始擔(dān)心。 Noted Donald Stone,a floor specialist for Lasker,Stone & Stern: Lasker,Stone & Stern的交易專(zhuān)員Donald Stone說(shuō)： Ive been on the trading floor f

38、or 39 years,and Ive never seen the _rket go up so fast for so long without a _jor break. “我在交易場(chǎng)39年了，從來(lái)沒(méi)有看過(guò)市場(chǎng)上漲這么快，而且這么久沒(méi)有遇到一次重大的挫敗。” Yet the bulls kept on running. 但是牛市持續(xù)著。 Just last Monday the _rket closed at a historic peak of 2791.41, 上周一的收盤(pán)指數(shù)是歷史新高的2791.41點(diǎn)， its fifth record high in as _ny sessio

39、ns. 也是之前連續(xù)五個(gè)交易日迭創(chuàng)新高以來(lái)的最頂點(diǎn)。 7.The looming anniversary of 1987s crash had prompted _ny on Wall Street to search for parisons between 1987s boom and this years. 在1987年 _日的周年即將來(lái)到之際，不由得華爾街不比較一下當(dāng)年與今年的牛市盛況。 | In an investor newsletter dated Oct.1,Shearson Leh _n Hutton cited twelve ways in which this years

40、 rally seemed more likely to last. Shearson Leh _n Hutton在10月1日發(fā)出的投資人通訊中，舉出12例說(shuō)明今年的漲勢(shì)比較可能持續(xù)。 Among them: 其中三項(xiàng)： -Interest rates were rising then,while they are stable or falling now. 彼時(shí)利率在上升，而此時(shí)是穩(wěn)定或下降。 -The economy was growing unsustainably in 1987,but more gradually this year. 1987年的經(jīng)濟(jì)增長(zhǎng)太快，無(wú)支撐力道，而此時(shí)

41、較緩和。 -Investor sentiment was wildly bullish then,and far more cautious now. 彼時(shí)牛市心理極為強(qiáng)大，此時(shí)則謹(jǐn)慎多多。 8.Yet this years rally has rested on some shaky foundations. 但是今年的漲勢(shì)其實(shí)也是站在不穩(wěn)的基礎(chǔ)之上。 Chief among them is the relentless pa _ of corporate takeovers, 究其大者，應(yīng)是馬不停蹄的企業(yè)購(gòu)并。 which enriched everyone on Wall Street,

42、from stockholders to investment bankers. 華爾街的投資客到投資銀行都發(fā)了財(cái)。 But the buyouts have been fueled by financing from a junk-bond _rket that was severely weakened last month 但是供給購(gòu)并資金的垃圾債券市場(chǎng)在上個(gè)月受到重創(chuàng)， when Canadian developer Robert Campeau nearly defaulted on $1.27 billion of debt payments on loans that he ha

43、d used to acquire Allied Stores and Federated Department Stores. 因?yàn)?_資本家Robert Campeau有了 _煩。他收購(gòu)Allied Stores與Federated百貨公司的貸款中，有12.7億美元的到期債務(wù)差點(diǎn)付不出來(lái)。 In the wake of Campeaus problems,the money for new takeovers has begun to dry up. Campeau的麻煩影響所及，新的購(gòu)并案已失去最大金主。 9.Meanwhile,the Gover _ents chief early-w

44、arning gauge of inflation indicated last week that the U.S.economy _y be headed for trouble. 在此同時(shí)， _最主要的通貨膨脹早期預(yù)警系統(tǒng)上周指出美國(guó)經(jīng)濟(jì)可能既然出問(wèn)題。 The Labor Department said its Produ _r Pri _ Index rose 0.9% in September, 勞工部的9月 _物價(jià)指數(shù)較8月上漲0.9%， or about 10% on an annual basis,to break a three-month string of declin

45、ing wholesale pri _s. 較去年同期則上漲10%，打破連續(xù)三個(gè)月的指數(shù)下降走勢(shì)。 Earlier in the week,Federal Reserve Chair _n Alan Greenspan suggested that the Fed re _ins wary of inflation 上星期初，聯(lián)邦 _艾倫?格林斯潘暗示聯(lián)邦儲(chǔ)備委員會(huì)仍舊注意到通彭的可能性， and therefore would be averse to easing interest rates. 因?yàn)閷⒈苊庹{(diào)降利率。 That was not what Wall Street wanted

46、 to hear. 這可不是華爾街愿意聽(tīng)到的。 10.The heaviest blow to the _rket came Friday afternoon. 最致命的一擊發(fā)生在星期五下午。 n a three-paragraph statement. 在簡(jiǎn)短三段話(huà)的聲明中， UAL said a labor- _nagement group headed by Chair _n Stephen Wolf had failed to get enough financing to acquire United. UAL說(shuō)由董事長(zhǎng)斯蒂芬?沃爾夫 _的勞資集團(tuán)無(wú)法湊足購(gòu)并聯(lián)航的資金。 Sever

47、al banks had apparently balked at the deal,which was to be partly finan _d through junk bonds. 部分由垃圾債券供給資金的交易顯然讓銀行卻步。 The takeover group said it would submit a revised bid in the near term, 收購(gòu)集團(tuán)說(shuō)它“在近期內(nèi)”將會(huì)修正并重新出價(jià)， but the announ _ment stunned investors who had e to view the United deal as the latest

48、sure thing in the 1980s buyout binge. 可是UAL的聲明已經(jīng)嚇壞了投資人，因?yàn)樗麄円詾槁?lián)航購(gòu)并案的交易應(yīng)該是1980年代購(gòu)并狂潮中，絕對(duì)沒(méi)問(wèn)題的一宗買(mǎi)賣(mài)。 Said John Downey,a trader at the Chicago Board Options Exchange: 芝加哥選擇權(quán)交易所的交易員John Downey說(shuō)： The airline stocks have looked like attractive takeover targets. “ _公司股票向來(lái)是很誘人的購(gòu)并目標(biāo)。 But with the United deal in

49、 trouble,everyone started to wonder what other deals might not go through. 但是假如連聯(lián)航購(gòu)并案都會(huì)出問(wèn)題，大家即開(kāi)始猜疑還有多少交易能夠過(guò)關(guān)?！?bar code 商品條碼 If President George Bush was a _zed by the bar code scanners he saw last month at the National Gro _rs Association convention in Orlando, 假如 _總統(tǒng)上個(gè)月在奧蘭多的全國(guó) _協(xié)會(huì)年會(huì)中，曾為條碼掃描機(jī)大驚小怪的話(huà)

50、， he would be truly astounded by some of the technology found in state-of-the-art super _rkets like the Food Emporium. 那他到了像Food Emporium這種科技已臻化境的 _，才真的會(huì)大吃一驚了。 Each ScanFone unit,which can funciton as a regular telephone, 每一具ScanFone都可當(dāng)普通 _使用， features a _gic-stripe credit card reader and a light pe

51、n to scan bar codes. 但它還有兩項(xiàng)特色：可讀磁條式 _的讀卡機(jī)與掃描條碼的光筆。 blockbuster 大轟動(dòng) But without the limitless pots of cash that the now shrunken junk-bond _rket on _ provided, 但是已經(jīng)萎縮的垃圾債券市場(chǎng)，不能再像以前一樣無(wú)限制地提供現(xiàn)金， the investment bankers can on longer arrange the sort of blockbuster buyouts that produ _d breathtaking profi

52、ts for Wall Street in the past decade. 投資銀行也無(wú)法再像過(guò)去十年一樣，安排轟動(dòng)武林的收購(gòu)行動(dòng)，然后替華爾街賺進(jìn)令人目瞪口呆的利潤(rùn)。 A film out of nowhere,with a nobody star,can send people out happy-and _ke the produ _rs of Home Alone rich. 一部用了無(wú)名小卒主演的默默無(wú)聞電影，可以讓觀眾心滿(mǎn)意足地走出電影院，也讓小鬼當(dāng)家的制作人發(fā)了大財(cái)。 Conversely,a blockbuster wannabe like Redfords Havana grossed less in the U.S.than,say,the Italian import Cine _ Paradise. 相反的，羅伯特?雷德福理應(yīng)轟動(dòng)的電影哈瓦那，在美國(guó)的票房還比不上意大利的天堂影院。 business cycle 景氣循環(huán) Reagan was a goner,right?says a Clinton adviser.But then the business cycle took an upturn,and he won big a