Word: hiatus
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...when the Dow Jones industrial average hit a peak at 1855.90. Between then and May 19, the Dow plunged 97.72 points, to 1758.18, losing more than 5% of its value. But when Wall Streeters returned to their command posts, computer terminals and telephone consoles after the Memorial Day hiatus, they happily resumed some unfinished business: a dizzying bull- market comeback...
...when the Fund structure revved up after its five-year hiatus, administrative problems led it into a boggling cross-over with other branches of the development office. The same alumni would be asked to cough up money for fair old Harvard by many different callers for many different reasons--for their membership in a class, their hometown, their area of interest, and their children now attending Harvard. "If the annual and major gift [fundraisers] take separate tracks, they arrive on the same doorstep simultaneously," says Reardon...
...clinch an even larger share of the lucrative satellite-launching business. Ariane has been the free world's only active satellite carrier since the explosion of the space shuttle Challenger on Jan. 28, which put the U.S. program out of commission for a year or more. The shuttle's hiatus leaves a big opening in the launching market, a business worth at least $500 million a year. Between now and 1990, an estimated 60 commercial satellites will need a lift into orbit. While the National Aeronautics and Space Administration struggled last month to find out the cause of the shuttle...
They are skateboarders. And--after a half-decade hiatus when skateboarding slumbered--Harvard students and Cambridge youths are hitting the pavement once again...
McCall, originally a member of the class of 1957, returned to complete his undergraduate degree after a thirty-year hiatus. And if he makes it through the next year and a half without deciding to take more time off, he will be 52 when he graduates...