Saturday, July 15, 2006 | 07/15/2006 | $100 million yacht sails into view

"Venture capitalist Tom Perkins unveiled his $100 million yacht, The Maltese Falcon, in Italy on Friday, a 287-foot vessel with a design that evokes 19th-century clipper ships.

But unlike the clipper ships of the past, this one brings nautical technology to new heights. Five years in development, Perkins' vessel has three 187-foot carbon-fiber masts. Each mast has five sails that can form one continuous sail. The sails can be rotated to suit wind direction."

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