Word: bigs
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Dates: during 1970-1979
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Drilling and digging make it the Big D of the West...
Proclaiming the city's energy eminence are the names over the doors of its new office towers: Energy Center I, the Petroleum Building and Anaconda Tower (the old copper mining company, now owned by Atlantic Richfield oil, is big in uranium). Construction of a 36-story Amoco Tower and a 23-story Energy Plaza will be completed next year. In all, 27 major office buildings are now going up. Work on two dozen more office complexes will begin in 1980. All this has transformed the once unimpressive skyline of Denver...
...consultant eleven years ago, and today he holds an interest in 11,000 wells in 21 states. Sitting amid the chrome and crushed velvet of Denver's Petroleum Club, Lewis gestures toward the Rocky Mountains still glazed with snow and exults: "This is today's big oil frontier. It is the most exciting thing in America's energy equation since the North Slope of Alaska...
Small business. The term conjures up visions of Mom and Pop enterprises, like laundries and corner groceries. But firms with revenues of $5 million to $350 million, which would have been Big Business 25 years ago, are considered fairly small or at most middling in these inflationary days. Unlike the community of large corporations, the mass of these outfits seldom speaks with one voice on issues that affect them. Now someone wants to be their champion: Arthur Levitt Jr., chairman of the American Stock Exchange, where 95% of the 964 listed companies have revenues under $350 million. He proposes...
...with less than $100 million in revenues, vs. $4 for larger corporations. Because small companies are not as well known and therefore need to broaden their shareholder base and increase ownership of their stock, they prefer cuts in capital gains taxes rather than the increased depreciation allowances advocated by big companies. Says Levitt: "Our kinds of companies don't have the assets to depreciate that large companies...