Word: 300th
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Cooney Weiland's 300th victory celebration cake went stale last night, but Cooney couldn't have been too upset about it. His hockey team played a superb game and firmly established it self as one of the best teams in the East...
...commit the Government to invest another $1.3 billion to build two prototypes. After that, Boeing and its suppliers are expected to finance the early production costs, which will bring the overall total to about $3 billion. Under a tough contract with Boeing, Washington will recover its investment when the 300th aircraft is sold. The Government will turn a $1 billion profit if sales reach the Federal Aviation Administration's predicted minimum of 500 by 1990-a return that works out to less than that from putting the money in the bank...
...FESTIVAL (NET, 9-10 p.m.). To commemorate the 300th anniversary of the master's death, "In Search of Rembrandt" visits Leyden, where the painter was born, Amsterdam, where he lived, and museums throughout the world...
Then Frank Mahovilich bilstered home his 300th National Hockey League goal to make it 3-2. He followed with his second score of the final period...
...well help Boeing with its huge capital needs by guaranteeing some loans. Even so, the Government's share of the $4.5 billion development bill should come to no more than $1.3 billion. The Government should easily recover all of that through royalty payments with the sale of the 300th plane (so far, including foreign orders, options have been taken on 114 U.S. SSTs). After that, Government royalties will be all gravy; by the sale of the 500th, for example, the return on the taxpayers' investment will be climbing beyond a compound annual rate...