Word: ahead
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Dates: during 1970-1979
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...from the Sinai fields (14 million bbl. annually, with the price to be decided later); the decision to establish joint Egyptian-Israeli army patrols in the Sinai, at least until the U.S. can put together a multinational peace-keeping force; and Israel's willingness to return to Egypt ahead of schedule the monastery of St. Catherine at the foot of Mount Sinai, thereby enabling Sadat to commemorate the second anniversary of his visit to Jerusalem with a Hollywood-style extravaganza...
Other factors also contrive to make the market look fairly attractive. The last two bull markets started during recessions, after interest rates fell and investors began to sense recovery ahead. Also, stocks now are cheap. Corporate profits have almost doubled in the past four years, but many blue-chip stocks of big, old companies are selling at mid-1975 prices. The increasing number of corporate takeover bids suggests how undervalued they are. The Dow industrials are selling at 93% of book value, the worth of the assets minus the liabilities and divided by the number of shares outstanding. Thus...
...where, experience so far suggests, busing's chances of success are slight. According to the U.S. Commission on Civil Rights, the average black pupil in the North and West now attends schools more segregated than those in the South. After the U.S. Supreme Court gave yet another go-ahead to desegregation in Columbus last July, the U.S. Justice Department announced, without disclosing the targets, that it intends to investigate similar school districts elsewhere. As school opens this year, TIME examines four representative communities that, over the past eight years, have tried busing with varying success, sometimes peacefully, sometimes...
...watching with interest. "We're waiting to see how the law turns out," truth-in-testing advocate McLean says. "We won't know anything definite until the law goes into effect January 1," admissions official Geraghty declares, "We need to see how this works out before we go ahead and do it on a larger scale," pleads ETS's Churchill. Only Malkin is making concrete predictions: "It should be interesting," he says...
Keyte knows he's No. 2 now; and he's not playing cutthroat to get ahead. He's woriking within the system, studying to do the best job he can and preparing for the situation when he may have to step in for St. John...