Word: expectability
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Dates: during 1950-1959
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...French Guinea what Sekou Touré says goes. His political control is so tight and his followers so quick to violence and intimidation that even French observers gloomily expect Guinea to vote no by more than 90%. Yet his outburst was as unexpected as it was final. Some blamed it on a personality clash that occurred on De Gaulle's visit to Conakry last month. Angered by Sekou Touré's public criticism of the new constitution, De Gaulle refused to dine with the Guinean Premier. More important, probably, is Touré's vaulting ambition...
...Said Walter Gutman, analyst at Shields & Co.: "So far earnings have not yet reflected capital improvements; companies can expect to benefit from the $200 billion they have invested since 1950. Taking this into consideration, stocks are not overpriced...
...Actually, the firm's part in the bond slide was small. It financed only about 3% of the $10.3 billion marketed by the Treasury at the peak of activity. Though Wall Streeters feel that Garvin was singled out among many Street houses that did the same thing, they expect the case to bring tighter regulations, thus prevent any recurrence of speculative dumping...
...door kept opening mysteriously, the telephone seemed to ring somewhere out in the quadrangle, brandy bottles turned out to be full of some bright crimson fluid. A bottle ran dry early in the second act, so that Kulukundis had to pour and drink from an empty glass. One would expect that in a production which began twenty-two minutes late, these things might have been set right...
Munro, however, is not overly discouraged. "I expect the line to score more this year even though we have lost our two top scorers, Jim Shue and Tom Bernheim. Our defense," he added, "is our strongest point, but on the other hand, the halfbacks may be our weak link...