Word: analysts
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Dates: during 1980-1989
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...million. But Murdoch's publishing ventures generate a large enough cash flow -- $1.2 billion last year -- to cover the interest payments. Murdoch was one of the first to recognize that media companies, which are traditionally asset poor but cash rich, have been tremendously undervalued by the market, observes Analyst Tony Pennie of James Capel, a London-based investment firm. Says he: "That's why Murdoch often pays prices that would frighten other people...
...approve the management shuffle next month. "We're looking forward to getting back to business in a new atmosphere of peace," says a company spokesman. But there is no guarantee that rule by committee will ensure tranquillity. "Unless they finally work out their problems," notes Michelle Proud, an analyst with London's County NatWest Securities, "this couple could find their marriage is on the rocks...
Another major difference between the two designs is the way the trains levitate. As Manfred Wackers, chief systems analyst for Thyssen's team, puts it, "Our system is attractive. Theirs is repulsive." Meaning: the two systems use opposite ends of the magnet to lift off. In the West German model, winglike flaps extend beneath the train and fold under a T-shaped guideway. Electromagnets in the guideway are activated by a distant control station, their polarity opposite that of electromagnets in the wings. Because of the attraction between the poles, the magnets in the guideway pull on the magnets...
...News analyst John Chancellor said Bush should pick Sen. Lloyd M. Bentsen (D-Tex.) as his running mate. "They're so close [ideologically] and there's not anything in the constitution against it," he said...
...Soviet gross national product (vs. 6% for the U.S.). That comes to roughly $300 billion and places a heavy burden on the country. Observers agree that Gorbachev's restructuring of the civilian economy will not be possible without parallel changes in the military. Inevitably, as U.S. Naval Analyst Norman Polmar points out, "Gorbachev's reforms will directly confront major military interests...