Word: millett
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With the stock analyst's penchant for talking about the market as if it were a not-quite-bright child, Frederick Millett, research partner of Wall Street's Good-body & Co., suggested: "I think the market is trying to find a level at which it can get some support-and hasn't found it yet." But for most economists the market's behavior prompted concern beyond its immediate uncertainty, since stock prices are among the telltale statistics that are studied as "leading indicators": they are supposed to signal in advance which way the economy is going...
Where does the market stand now? The consensus of many leading Wall Streeters was expressed last week by Frederick Millett, research partner of highly respected Goodbody & Co.: "The bull market is over; we are in a bear market...
...Force's college reserve officers' training program as outmoded as the B-17 bomber? Fortnight ago, John D. Millett, president of Miami University of Ohio, posed the question on behalf of 176 college and university administrators gathered for an Air Force-sponsored conference on R.O.T.C. problems at Maxwell A.F.B., Ala. Continued changes in policy have caused growing tension and occasional open hostility between the colleges and the junior service. Even former Air Force Secretary James H. Douglas admitted to the educators that the A.F.R.O.T.C. program "suggests a considerable amount of lost motion," since only 4,000 officers...
...root of the tension between the Air Force and the colleges, said President Millett, is a continuing uncertainty over the mission of the A.F.R.O.T.C. program. Over the past 15 years, the Air Force has shifted the goal from training men to serve for short terms in reserve units to recruiting and educating active-duty officers on a long-term career basis. This has been done, charged Millett, without the Air Force's defining a new mission for its college R.O.T.C. units. Said he: "It is not unfair to say that the administrations of many colleges and universities sense...
...Green sprinter Tony Zielman lost his unbeaten record to Dodge in the 50-yard dash, while Blodgett cleared 12 feet in the pole vault to defeat Dartmouth's Greg Millett...