Word: bogert
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...unfriendly takeover attempt, paid $66 a share for Carborundum. The rationale: the bigger the company, the more difficult it is to finance a raid. By paying more than twice the book value for a ho-hum company, Milliken let himself in for savage criticism of his business judgment. John Bogert, a former Kennecott employee who is a copper analyst with Paine, Webber, Jackson & Curtis, says of Milliken and his board: "They're not about to give things out to shareholders. They think of the company first and foremost...
...exist. The company lavished management time on running Peabody and spent $532 million to buy equipment and open new coal mines -time and money that it did not put into its copper business. The result is that Kennecott's copper operations are in poor shape. Concludes John Bogert, a Wall Street mining analyst: "Kennecott did not milk Peabody; it milked itself for Peabody...
...Beck, Bogert and Appice. Word is that these two guys played a Coke commercial with Beck in '69 and they all freaked each other out, at least musically. Nobody knows though, since I've never heard the commercial and don't know anybody who has. The plan was for Beck to dump Stewart et al., and throw in with these guys, who didn't have much going at the time. Never happened because Jeff wrapped his Corvette around a tree in the midlands somewhere and didn't play a note for like two years. By the time he resurfaced, they...
...Beck, Bogert and Appice. Wednes., Mar. 28. Music Hall...
FRIDAY: Key Largo, Huston and Bogert again, this time with Lauren Bacall and Edward G. Robinson...