Word: glamoured
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Last week, rallied by Producer-Author (Sunrise at Campobello) Dore Senary, they were out in force. Henry Fonda, Vincent Price, Phyllis Kirk and a cast of dozens roamed the convention floor freely (while many delegates had trouble getting into the hall at all) to sell Adlai with glamour. Outside, Actress Mercedes Mc-Cambridge, dressed in the costume of a Golden Girl hostess, helped light fires un der ragtag groups of everyday Steven-sonites ("We'll storm that place!"). Over the years, the proper Stevensonians had saved their loftiest political scorn not for those bedrock Republicans, Adolphe Menjou and John...
...most fascinating phenomenon on Wall Street these days is the spectacular rise of the growth and glamour stocks...
...name: Sherman Mills Fairchild, 64. Fairchild talks about his present and future products with all the excitement of a 20-year-old with his first sports car. He is the epitome of the new scientist-businessman-inventor who is the driving force behind the success of the growth and glamour stocks. Cut from the same Yankee tinkerer mold as Ben Franklin, Thomas Edison and Henry Ford, he never got an engineering degree-yet has more than two dozen patents in his name. He flatly says, "I have no urge to make money"-yet has piled up a fortune of more...
Perils of the Future. But all that has glamour may not always grow. What is the tomorrow of today's growth stocks? Sherman Fairchild, like many experts, believes that the indiscriminate buying of growth stocks "has gone too far." Though brokers are wary of saying flatly that a stock is selling too high, they realize that it is perilous to project earnings five or ten years into the future. Particularly in the growth sector, technology is changing so fast that a new product, a competing process, a better method hit upon by a competitor can collapse a stock...
...longer show the growth and earning potential that the Street demands. After a ten-year rise in which their market value almost trebled, many blue chips seem to have temporarily exhausted much of their growth potential. Since January, the Dow-Jones industrials have dropped 7.2%, while ten representative glamour and growth stocks have gone...