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...home Oklahoma chain that has grossed more than $6,000,000 in fiscal 1968, is negotiating to borrow $45 million to promote a home franchising program. Still other companies have shown enough growth potential to become takeover targets. International Chemical & Nuclear Corp. two weeks ago agreed to buy Monterey Nursing Inns, a 31-home Ohio chain with 1968 revenues of $3,000,000. The price: an estimated $45 million, an astonishing 209 times Monterey's fiscal 1968 earnings...

Author: /time Magazine | Title: Investment: Gold in Geriatrics | 6/6/1969 | See Source »

...John Chafee indicated that they could live happily ever after in the service. But Lieutenant Edward R. Murphy Jr., the spy ship's executive officer, figured that his future had fizzled when the Navy refused his request to be assigned to the service's postgraduate school in Monterey, Calif. Last week he resigned his commission...

Author: /time Magazine | Title: Sequels: Search for a Skipper | 5/23/1969 | See Source »

...they should not. Yet few old hands in Washington or the Navy think the two have very good long-term prospects. For the time being, Bucher and Harris received relatively unglamorous assignments-but it was said that they had requested them. Bucher will attend a management course in Monterey, Calif., leading to a master's degree; Harris will assume duties at Naval Security headquarters in Washington. The Navy hopes that in their new billets, Bucher and Harris will drop from sight...

Author: /time Magazine | Title: Nation: PUEBLO: THE DOUBTS PERSIST | 5/16/1969 | See Source »

...Monterey Pop is a color-and-stereo-phonic-sound souvenir of the 1967 festival of rock music in California. Under the supervision of D. A. Pennebaker, who made Don't Look Back, the one widely seen verite documentary, more than half a dozen cameramen prowled the crowd catching the mood-but not the meaning-of the event. Several performers (Janis Joplin, Otis Redding, Ravi Shankar) come through with a jolting, immediate intensity, but watching Monterey Pop is like listening to an LP with pictures. Twenty years from now, the film may have value as a historical curiosity. Surely...

Author: /time Magazine | Title: Cinema: The Drawbacks of Reality | 3/7/1969 | See Source »

...live concert. Prior to that my impresison of Hendrix was that he put out some really beautiful hard Bluesy Rock, but unfortunately played too much acid garbage complemented by some rather frothy third-rate pseudo Dylanesque lyrics. And live, well, you've heard the stories. At the Monterey Pop Festival he turned his guitar into an all purpose sex organ alternately screwing it, eating it, and finally setting the thing on fire with lighter fluid to simulate an orgasm. Not the stuff of Blues musicians, I thought...

Author: By James C. Gutman, | Title: B.B. King Is King of the Blues--Black Music That Whites Now Dig | 2/27/1969 | See Source »

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