ONE IDEA.Name: Mike Pudwill Home: Porter Ranch Age: 40 Occupation: Venture capitalist Venture Capitalist An investor who provides capital to either start-up ventures or support small companies who wish to expand but do not have access to public funding. Notes: Venture capitalists usually expect higher returns for the additional risks taken. One idea: Noticing the tenuous tenuous Intensive care adjective Referring to a 'touch-and-go,' uncertain, or otherwise 'iffy' clinical situation situation surrounding Middle East oil, Pudwill bought 30 shares of Joy Global Inc. for around $30 apiece last December. Based in Wisconsin, Joy Global makes and sells mining machinery and equipment. Quote: ``Joy Global is trying new ways to get oil. They build these huge trucks that go into the tar sands Tar sands is a common name of what are more properly called bituminous sands, but also commonly referred to as oil sands or (in Venezuela) extra-heavy oil. They are a mixture of sand or clay, water, and extremely heavy crude oil. and tundra tundra (tŭn`drə), treeless plains of N North America and N Eurasia, lying principally along the Arctic Circle, on the coasts and islands of the Arctic Ocean, and to the north of the coniferous forest belt. of Canada. It's gone up 50 percent this year and it's the most explosive at this time.'' Ticker: JOYG Friday's close: $64.18 |
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