Word: dreyfuses
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...commerce and industry. Written by Gurney Breckenfeld and edited by Marshall Loeb, the story analyzes Wall Street's present disarray, and examines the prospects ahead in the '70s. A feature of the report is a look at one of the Street's most outspoken personalities. Dreyfus Corp.'s Howard Stein, who was interviewed at length by Correspondent Roger Beardwood. Indeed, Beardwood even accompanied Stein on a brief trip to Ireland, where the roles of interviewer and interviewee were sometimes reversed. Born in England, Beardwood cut his teeth as a reporter for the Offaly Chronicle in Birr...
...course, really expects the bear market to go on forever. Indeed, such giant mutual funds as Massachusetts Investors Trust and Dreyfus have begun to buy cautiously in the past few days. But there is a considerable body of opinion that the recovery, whenever it begins, will be slow and struggling -"saucer-shaped" rather than "V-shaped," in the argot of the chartists. Some reasons for that expectation: the avowed intention of the Government to permit only a gradual growth of money supply and the likelihood that many individual investors, burned badly for the first time in their lives...
...quite possible that stocks may soar after some favorable turn of events in the near future, but last week the bearish mood went far beyond economics alone. As Howard Stein, president of the Dreyfus Fund, put it: "What is happening on Wall Street is what is happening in the world. We are overextended morally, economically and politically, and we are about to get our first margin call as a national power." In front of the Corinthian columns of the New York Stock Exchange, hard-hatted construction workers bearing American flags attacked a group of youthful antiwar demonstrators...
...grisly way, the Indiana-sized enclave more than paid its keep. Brutally humid, far from France and isolated by shark-infested waters and impenetrable jungle, Guiana was the dread, virtually escape-proof exile to which France's worst criminals were shipped. The most famous, of course, was Alfred Dreyfus, the Jewish army captain who was cashiered on a trumped-up treason charge. Beginning in 1895, Dreyfus spent four years, two months and 21 days in isolated confinement* before public indignation and Emile Zola's J'accuse won him new hearings and eventual exoneration. But almost...
...Stein, then a partner at Oppenheimer & Co. Stein had earned a reputation as an analyst by his spotting of Syntex, Control Data and semiconductor stocks. Last year he earned more than $1,000,000. At InterCapital, Stein has three friends. The No. 2 man, Arthur Zeikel, 36, moved from Dreyfus Corp., where he was co-manager of the $2.7-billion Dreyfus Fund for the past four years. The two other partners in InterCapital, Charles C. Reilly, 38, and J. Brock Stokes, 33, were colleagues of Stein's at Oppenheimer...