"Pure play" is a paradox, for one thing -- since very little on Wall Street is playful, and nothing there is pure (apologies to Oscar Wilde). At any rate, it signifies that the investment opportunity you are presented with is a great idea because the company specializes in just one thing. How that is supposed to square with another bit of Wall Street wisdom -- that diversification is the key to all good things -- is anyone's guess. But Wall Streeters are too busy making money to be expected to make any sense.
My favorite current buzzword is "metrics."
BTW, yours is one of the very few LBO posts I've been able to access in the last 24 hrs. I've got scads of 'em piled up, but Internet access here at the office is pathetic right now so it takes forever to download Hotmail, because of some massive fuckup at Verizon. What, is management still doing the repair work there?
Carl