Word: investors
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Dates: during 1980-1989
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...dolphins were captured in 1979, after New York Investor Alan Slifka agreed to help finance a dubious dolphin-human communication experiment. It was a bust. The young dolphins, named Joe and Rosie after the late movie magnate Joseph E. Levine, who produced Day of the Dolphin (1973), and his wife Rosalie, attracted the attention of a parade of celebrities, including Phyllis Diller, Kris Kristofferson and Olivia Newton-John. Some notables even swam with the pair at Marine World/Africa USA in Redwood City, Calif...
Until now, T. Boone Pickens has limited his corporate raiding to the oil patch. But suddenly the investor, based in Amarillo, Texas, is taking a bit of advice from his best-selling autobiography, Boone: "It's important to show a new look periodically." Last week it was revealed that Pickens has set his sights on a surprising target: Boeing, the world's largest maker of commercial jets and a producer of military craft ranging from helicopters to cruise missiles. Pickens' investment group, Mesa Limited Partnership, is believed to have bought only about $15 million worth of Boeing's stock...
...remaining questions, he simply calls the company president. That opportunity, he points out, is one of the lesser-noted benefits of investing in small ventures. When he became concerned about an earnings downturn at Innovative Software, Determan called the chief financial officer there, who reassured the investor that the profit slump was "just a glitch." So Determan held on to the stock, which proceeded to zoom from about 10 last November to 22 now, even after a 3-for-2 split...
...sheets. "It's so simple, it's insane. If you do this carefully, it's like picking money off trees," declares Michael Petryni, a Los Angeles screenwriter, sounding more like a TV pitchman. But behind the scenes, Petryni spends at least two hours a day studying financial papers like Investor's Daily and following stock quotes using the same computer terminal on which he writes his scripts...
Both discounters and full-service brokerages have produced a wealth of tools to help individual investors keep up with the technical capabilities of the professionals. Schwab sells its customers a personal-computer program called The Equalizer (price: $99.95), which enables an investor to keep track of a portfolio, place an order and call up stock-price quotes, research reports and financial news. Telemet America, one of the several firms offering hand-held devices for monitoring stock quotes, now serves 16 cities and 10,000 customers, 90% of whom are private investors...