Word: airfreights
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Dates: during 1980-1989
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...preparing its formal responses to a list of stark charges made by the National Collegiate Athletic Association. They range from a falsified entrance exam to a recruiting payoff that, in what a fan from Indiana might call an act of God, burst in cash from a defective airfreight package. Conviction would probably result in probationary exclusion from tournaments and television. Then Kentucky would be within one felony of the NCAA's newfound "death penalty": a one- or two-year shutdown of the sort that has reduced the football program at Southern Methodist University to intramurals. Retribution is mine, sayeth...
Venture capitalists prefer to tell tales of their big scores: the $1.5 million stake in Apple Computer in 1978 by Venrock Associates that grew to $100 million or the $25 million investment in 1974 by New Court Securities Corp. and others in Federal Express, the airfreight company, that is currently valued at $1.2 billion...
...stand in a 20-min. line in front of Bob's and pay 950 for a cone and $3.75 for a quart of apple-peanut butter, banana mango or mocha almond. People buy Bob's Kahlua for $17 per gal., and some have spent $40 to airfreight it across the country. Owner Bob Weiss, 35, a lawyer who tired of the profession when he followed his lawyer-wife to Washington, started the shop three years ago, and says wonderingly that he may gross $400,000 this year...