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...stock-market surge that has been making investors steadily richer since last August is also producing a crop of instant multimillionaires: owners of companies that are selling their first shares to the public. The "new issue" boom is being fueled by rising demand from investors for high-technology stocks. According to Roger Lopata, editor of the trade journal Going Public, the cash raised this quarter alone by companies making their public debut could top the total of $1.45 billion for all of last year...

Author: /time Magazine | Title: How to Make a Cool Half-Billion | 3/14/1983 | See Source »

While Harvard can only accept "the cream of the crop" from the neighborhoods visited by student recruiters. Sanchez believes the recruiters should also have an impact on the entire community. In addition to supplying Harvard with applicants, recruiters must be the "role models to get the kids to aim for better jobs or even just to continue with school...

Author: NO WRITER ATTRIBUTED | Title: Taking It On The Road | 3/11/1983 | See Source »

...rise was fueled not only by the news of falling oil prices but also by other signs that the U.S. economy was well on the way to recovery. On Thursday, the Dow Jones industrial average closed above 1100 for the first time in history. The week's crop of favorable economic news included a prime-rate cut from 11% to 10½% at several big banks, and a Labor Department report that the Consumer Price Index had risen at an annual rate of just 2.1% in January...

Author: /time Magazine | Title: Oil: The War Begins | 3/7/1983 | See Source »

Because Volcker could obviously command a big job and big money at a private financial institution, rumors inevitably crop up that he will leave Washington. One now circulating among Chase Manhattan executives has Volcker as a strong candidate to become chairman of the bank, which has suffered a string of financial reversals since Willard Butcher succeeded David Rockefeller...

Author: /time Magazine | Title: No. 2 in Washington | 2/28/1983 | See Source »

...becomes as batty and sick as most of his patients is filled with the actor's typical English bawdiness. His movements and lines seem overly staged, however, especially a clumsy sequence which places the doctor in Chloe's shower. Moore specializes in nincompoop bumbling, so such inevitably stupid scenes crop up frequently. One dinner Benjamin has with the board of psychiatrists contains a few funny lines, but the characters speaking them--including the victimized doctor--come across as inanely one-dimensional...

Author: By Rebecca J. Joseph, | Title: Heartburn | 2/22/1983 | See Source »

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