Word: bigs
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Dates: during 1970-1979
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...complacency that civil defense' officials say has grown in the 14 years since southern Florida's last major hurricane, in 1965. In coastal Dade County, the population has increased almost 55% since then, and an estimated 80% of the 1.7 million residents have never lived through a big storm...
...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 it is much...
...European investors as well were eagerly acquiring gold because energy-induced inflation has been weakening the value of even their own "hard" currencies. A binge of panic buying by Southeast Asian investors, worried about reports of heightened tensions between China and Viet Nam, further pushed up demand. Many big U.S. investors were also acquiring gold as a hedge...
Despite occasional setbacks - flings with snowmobiles and minibikes in the early '70s skidded in red ink - Coleman does not hesitate to take on the big boys, even in their specialties. For example, the company has made impressive headway against Thermos (coolers) and Grumman (canoes). When Coleman engineers learned how to make seamless plastic coolers and jugs, the company almost immediately challenged the industry leaders in the growing field...
...business is either unaffected or helped" by the energy shortage. Says he: "We don't believe people are going to stop camping, but they are going to camp close." Then too, the number of active outdoorsmen is rapidly expanding. Coleman says happily: "Our target audience is great big Middle America." Still a vigorous hunter, fisherman and tennis player, although he has given up climbing mountains, Coleman plans to stay on as chief of the company dedicated to recreation as long as his health is hearty, his work is fun and his interest is keen. Says he: "I have told...