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...shares were grabbed up in a fraction of the 60 seconds it took Ladbroke's harried brokerage house to announce that the issue had been "very heavily oversubscribed." Altogether, investors came running with enough cash to buy the issue 100 times over. So great was the crush that it will be days before brokers can figure out who was first-come and ought to be first-served, thus delaying the opening of regular trading in the stock on the London exchange until this week...

Author: /time Magazine | Title: World Business: Making Book on a Sure Thing | 9/29/1967 | See Source »

...needs. Strange as it seems, computer makers regard the leasing companies as welcome intruders, partly because their purchases help meet the manufacturers' need for vast amounts of cash to pay for research and development. IBM, with 70% of the U.S. computer market, dares not use its size to crush the dis count lessors, because of a 1956 antitrust consent decree...

Author: /time Magazine | Title: Computers: The Leasing Game | 9/15/1967 | See Source »

...domestic market and 6.4% of German exports. In the first seven months of 1967, NSU car sales dropped 27% from the same period last year. Volkswagen too was feeling the pinch: in July both Opel (G.M.) and Taunus (Ford) outsold the Beetle in Germany. That NSU has survived the crush of the giants at all is a triumph. Its sales grew from $10 million in 1958 to $120 million last year, and almost all profits were poured back into the company. Now, says Von Heydekampf, "If the RO 80 sinks, we sink with...

Author: /time Magazine | Title: West Germany: The Wankel Wager | 9/8/1967 | See Source »

...Quang's lexicon means anything from mobs of rock-throwing youths in Saigon streets to a full-scale attempt at a coup d'état. But Thieu and Ky are confident that they have the dissident monk under control. "My duty," says Ky bluntly, "is to crush all disturbances of whatever origin...

Author: /time Magazine | Title: World: Campaign Kickoff | 8/11/1967 | See Source »

...months past when Japanese Admiral Isoroku Yamamoto set out to destroy what remained of American naval power in the Pacific. By invading Midway, a fueling station and airbase 1,136 miles west of Hawaii, Yamamoto hoped to draw the last U.S. carriers and cruisers out of Pearl and crush them with his superior firepower. What he did not know was that Admiral Chester W. Nimitz's Naval Intelligence experts had cracked the Japanese code and had pieced together the entire operation (including a diversionary thrust toward the Aleutians). When Yamamoto's striking force arrived northwest of Midway...

Author: /time Magazine | Title: Books: Midway Relived | 8/11/1967 | See Source »

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