Word: focused
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Dates: during 1980-1989
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...only rarely, the Patriots. They comment on the unfolding action, not with a fan's admiration but with an insider's cynical expertise. They see on the television screen a flash from their past, a dim, half-remembered moment from their athletic youth. They call that moment into focus at the bar, embellishing it. An argument ensues. "In your dreams," someone says. They laugh. The bar door opens. A big, shambling man with a droopy mustache enters with the tender-kneed, left-right stride of a man who's fallen off too many broncos. He is wearing a goose-down...
...deals worth $96 billion during the comparable period a year ago. As corporate raiders are well aware, institutional investors are more prone than other kinds of shareholders to sell during a raid, in order to gain a quick profit. They are also readier to hear arguments that focus on the value of corporations when broken into component assets rather than on their worth as ongoing enterprises. A poignant rendition of the managerial plight comes from Andrew Sigler, chairman of Stamford, Conn.-based Champion International, a $5 billion wood-products firm. Some 80% of Champion's stock is now held...
...ability of U.S. firms to compete internationally, some experts cite other factors besides stock-market pressure, like the cost of borrowing money, as reasons why American companies tend to focus on the short run. Says Frederic Scherer, an economist at Swarthmore College: "The cost of capital is higher for Americans, which means they have to show an earlier return on their investments. Cheap money allows the Japanese to take a longer view...
Because Prentice Rasheed knew so little about wiring, he avoided a charge last week. Rasheed is the Miami shopkeeper who became the focus of nationwide publicity last month after a booby trap in his store killed a would-be robber. He claimed that he thought his trap -- a pair of metal grates attached to an outlet by an extension cord -- would merely jolt intruders, not execute them. "I don't know the first thing about electrical wiring," Rasheed insists...
...originally scheduled to speak on "Economic Reform of China," but chose instead to focus on the current state of American-Chinese relations...