Word: convert
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Dates: during 1980-1989
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...originally allowed Genentech's junior stock because, like other equities, it involved some risk on the employee's part. If the company failed to meet its performance goals, the employee would be forbidden to convert the junior stock to common shares. Thus the worker would make no money on the deal. But some firms set standards so low that their junior-stock plans became giveaways. Admits Palo Alto Attorney Lee Benton, a proponent of the stock: "Some companies took it further than it was ever intended...
...tell?" said Mr. Bush, who obviously has something else in mind when he talks about first-strike capability. Bush was proud, though, that foul or no, the ball did catch nine pins. He managed to roll his second ball without a pratfall, but failed to convert the spare...
...simply sit around philosophizing and arguing in a sort of endless garden party. Some pleasure derives from the garden designed by Fred Weber, and intricate structure of terraced platforms and bridges on which speakers leap about, separating and meeting again. But no amount of creative tinkering with platforms can convert these endless wranglings over marriage versus love, friendship versus faithfulness, adventure versus obligation, into a satisfying evening of theatre. Instead, the effect is something like that of bad Shaw--without the rapier...
...worth more than $8.5 million in his glamorous growth industry. He had been one of the first to move to Los Angeles, in 1910. Now he bought a 28-acre estate outside Mamaroneck, N.Y., to convert to his private studio. It was a tactical mistake. He got bogged down in logistics and financing-the producer's world in which he had no role. In 1927 Griffith returned to a changed Hollywood; Ernst Lubitsch had made The Marriage Circle, an ironic sex comedy, and the old sentimental, moralizing sagas about child-women suddenly seemed embarrassing antiques...
...Employee productivity has gone up 43%, chiefly because of mechanical mail sorting. In 1971, a postal worker processed 120,212 pieces a year; now a person handles 173,320. Output will go up even more when high-speed optical scanners, which read addresses, convert them into printed bar codes and then send them off for automatic sorting into 136,000 carrier routes, are fully installed...