Word: maxed
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Dates: during 1970-1979
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Those former stockholders who can afford it are turning to some esoteric outlets that are not conventionally thought of as investments: gems, rare stamps and coins, furniture, even whisky bottles. Max Martin, an insurance salesman in San Rafael, Calif, got out of the market in 1973 and into diamonds. Says Keith Harmer, vice president of H.R. Harmer Inc., an international stamp auction house: "Starting about five years ago, people began spending big money on stamps $20,000 to $25,000. They'd sell their stocks, but keep their bonds." One handicap to both investments: retailers can place such...
...movie trudges toward Hackman's climactic stand against the Arabs, its few substantial themes are left behind in the dunes like exhausted Legionnaires. Hackman is pitted in an early sequence against a scholar from the Louvre (Max von Sydow), who believes that the recovery of a few life-enriching shards of history and art is well worth the loss of hundreds of Legion and Arab lives. "We're both in the grave business," sneers Hackman. "You dig them up and I fill them in." Later, Von Sydow seems to lose the thread of the argument and takes...
...pages by expanding the staff and adding regular reports on careers, management, technology and other subjects. The once sternly liberal and generally predictable editorial page has brightened since its editor?and Sulzberger's cousin?John Oakes, 64, was made a senior editor last January. The new oracle-in-chief, Max Frankel, 47, a former Washington bureau chief, has moved editorial policy a little closer to Sulzberger's own middle-of-the-road pragmatism and initiated a number of features, including "Topics," a collection of short and sometimes snappy commentaries. Frankel (who reports directly to Publisher Sulzberger) has also expanded...
...indications that among the Swiss public banking is no longer quite the hallowed institution it once was. Manufacturers feel that the flow of funds into Switzerland has overvalued the Swiss franc and thus put Swiss textiles, watches and machinery at a disadvantage in export markets. Says Swiss Accountant Max Fluri: "Our banking sector has grown taller than the Swiss Confederation. For some time, it has been bringing the country more harm than good...
Well, rock fans, you needn't get in a dither about it, but Max is right-non-mobile back-beat lovers will find this a summer of pretty slim musical pickings. The best rock around this week is out in the southern hinterlands. Ray Davies and the Kinks will be playing out at the Cape Cod Coliseum on July 2. Tickets are $7.50 in advance, $8.50 the day of the show and are available at the Out of Town Newsstand in the Square. Later in the week, Fleetwood Mac will play their various chartbusters at the Providence, R.I., Civic Center...