Word: gutman
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Dates: during 1950-1959
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...strange as anything about the 28 minute film is the fact that its producers -Swiss-born Photographer Robert Frank, 35, and Painter Alfred Leslie, 32-financed it ($20,000) largely through Wall Street's Jack Dreyfus (the Dreyfus Fund) and Stock Market Letter Writer Walter Gutman (Shields & Co.). After its recent premiere at the San Francisco Film Festival, Judge Barnaby (Matador) Conrad declared: "I liked it until Kerouac got the 'smart jacks'-what I send my child to bed for doing." But Producers Frank and Leslie, now busily showing the film to distributors, are confident that...
Many of the experts, who only a few months ago were predicting that the market would go down, joined Tabell in seeing a big rise ahead. Yet Wall Street was hard-pressed to find logic in the rise. Said Daniel L. Gutman, partner of Zuckerman, Smith & Co.: "The ravages of inflation are over for at least the next two years. To buy stocks today only as inflation hedges is like locking the barn after the horse...
...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...
...Daniel L. Gutman, partner in Zuckerman, Smith & Co.: "The market is enormously dangerous at current levels. There is a great deal of ignorant and superficial buying which is using inflation as an excuse. Unless inflation shows up in earnings and dividends, this reasoning is stupid. The market over the next six months will sell materially lower, touching last fall...
...always, the audience loved Tosca -undoubtedly more for Puccini's score than for the cold-war innovations. At any rate, Modernizer Gutman missed one trick recently used at a similar Tosca adaptation in Argentina. There, after killing Scarpia, Tosca, in expert thriller fashion, cut the telephone wires...