Monday, Apr. 09, 1990

Grapevine

By PAUL GRAY/

WINNER OF THE WEEK

PETER LYNCH

At 46, he retires after 13 years of managing the Fidelity Magellan fund, with bank account and reputation intact. Wildly outperforming the market, he never succumbed to the showy excesses or the sleazy morals of the Age of Milken (see BUSINESS).

LOSER OF THE WEEK

MARIO CUOMO

New York's bond ratings tumbled to 48th in the nation, a survey ranked the state 43rd in financial management, and a budget crunch has prompted talk of tax hikes. Cuomo is only one polluted harbor away from becoming the next Michael Dukakis.

BEST CAREER MOVE

VACLAV HAVEL

He once said he wanted to be Czechoslovakia's President only temporarily, then return to playwriting. But he likes the job and wants a full term. Now that his plays are not suppressed, they get polite reviews; but his leadership is drawing raves.

WORST CAREER MOVE

JACK LAWN

He quit as chief of the Drug Enforcement Administration because of weariness with bureaucratic wars, among other reasons. For a man who values his independence, though, he made an odd choice. His new boss: George Steinbrenner of the New York Yankees.

With reporting by DAVID ELLIS