Word: buys
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Dates: during 1980-1989
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...often dodges feisty farm dogs as he hikes across sprawling potato fields to meet with customers. Meanwhile, Jim Bashor of Anacortes, Wash. (pop. 10,060), spends a good deal of time riding ferries off the Northwest coast to catch up with the salmon fishermen he hopes will buy stocks and bonds from...
...company has prospered by catering to the conservative inclinations of its small-town clientele. "Other firms were advising people to buy and sell," says Ted Jones. "Our advice was to buy and keep." Currently, Jones brokers tend to recommend such blue-chip stocks as McDonald's and BellSouth. By putting down roots in small communities, Jones brokers can get to know their customers especially well. Says Bill Janssen, the Jones man in St. Peter, Minn.: "I can work with a customer Friday, fish with him on Saturday and sit next to him in church on Sunday." Last year the average...
Several hundred of the 48,000 state-owned firms have already been put on a self-financing basis and have elected their own plant managers. Some 20 ministries and more than 70 large firms have been allowed to buy and sell products abroad without going through the bureaucratic bottleneck of the Foreign Trade Ministry. Part of the hard currency these firms earn from such transactions may be used to buy badly needed foreign equipment and technology. A similar strategy seems to be behind a new law permitting joint ventures with foreign companies. Under regulations adopted last January, a Western firm...
...increase her stock-market wagers. But she ventured naively into risky stock options and lost $1.5 million during the 1981-82 recession. Then, through cautious decisions and hard work, she built her portfolio back to $2 million. Says she: "The stock market is my absolute love. I don't buy pretty clothes, and I never spend much money on myself. I put it all in the market...
...average of 400 Dale City customers a day dine on Swedish food in IKEA's strategically located restaurant, just off the showroom floor. Most-asked-for dish: Swedish meatballs. Says Micha Baur, the West German who is the store's manager: "Very often people make their buying decisions in our restaurant. You can overhear them. 'Should we buy this table or that table? What do you think, honey?' " After making the choice, shoppers proceed to the self- service warehouse, where they find the goods on neat rows of shelves...