Word: dentist
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Dates: during 1980-1989
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Clients are besieging tax advisers with questions about what to buy and what to sell before the end of the year. The stakes are hundreds or even thousands of dollars in tax savings for 1986 alone. Says Alan Klein, a Roslyn, N.Y., dentist and investor: "We're suddenly in a new world...
...longer be deductible against regular income. That has already prompted taxshelter enthusiasts to start urgently searching for new investments. This time, however, taxpayers have begun to evaluate investment schemes from a completely opposite perspective: they will be looking for income instead of losses. Says Klein, the New York dentist: "We have grown up believing that sheltering income against taxation is more important than making money. Now we must adjust to the brave new world in which you keep more of what you make without gimmicks. It's too simple and sensible to be American. It makes you insecure." Newly eager...
...Arthur Randall, a broker with E.F. Hutton. "You try to be cool and counsel patience. But what do you tell a client when in the course of the minute he's been on the phone with you the Dow has fallen 20 points?" Said Alan Klein, an investment-minded dentist from Roslyn Heights, N.Y.: "It was like a two-day root canal without anesthetic. You find me a patient who can keep cool under those conditions, I will find you an investor who can keep cool in this market...
James Hinkle's ordeal began when he ran into a snag while loading a $400 program called Framework into his Kaypro Model 16 computer. He carefully reread the Framework instruction book for guidance but failed to find it. Stymied, the Alameda, Calif., dentist called the service number printed in the manual. The number was busy, but after dialing repeatedly over a period of several hours, Hinkle eventually made the connection--to a recorded message instructing him to call a different number, which was also busy. Says the normally mild-mannered Hinkle: "I started in the morning...
Clemens is a true pheenom, the first for Boston since Jim Lonborg, who won 22 in 1967, wrecked his career in a skiing accident and became a dentist. Clemens almost went the way of Lonborg: he missed much of last year with arm and shoulder injuries and after surgery began spring training throwing like an old man. By April 29, however, he threw hard enough to strike out 20 Seattle Mariners in a nine-inning game, breaking by one K a major-league record held by Seaver, among others. When Cooperstown asked for his glove, cap, uniform and spikes, Clemens...