Word: multimillions
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Karp, also 39, will agree to make a multimillion dollar acquisition between handball games or during an after-lunch ten-mile walk-and-talk session. Out of this unorthodox exercise of brains and brawn has evolved an impressive track record in business. Since they took over Monogram six years ago, the two have sent sales hurtling from $6,000,000 to a current annual rate of more than $100 million. Three years ago, Monogram stock was selling at $4 a share...
Indicting farm subsidies as "a multimillion-dollar Great Society giveaway," Delaware Republican John Williams told the Senate last week that five U.S. farms in 1966 collected more than $1,000,000 each in acreage diversion, price support and other payments...
...this year, after twelve years and $8,000,000 in research, the company invaded the rich pharmaceutical field by marketing an antiflu drug named Symmetrel, which can be taken orally as either a pill or syrup. Only two weeks ago, the company introduced a recording tape aimed at the multimillion-dollar computer, television-broadcast and instrument markets. Called Crolyn, the patented tape uses chromium dioxide as its magnetic medium in place of conventional iron oxide. Du Pont says that the chromium dioxide tape not only holds twice as much information per inch as ordinary tape but reproduces high-frequency signals...
...enter the University of Houston. From there he went to Harvard Business School. Returning to Houston, he became city treasurer and chief administrative officer in four years. Then he joined College Pal Jack Valenti, who later became L.B.J.'s aide, to form the Jamaica Corp., now a multimillion-dollar land-developing company. He also became president of Homestead State Bank. Thus, with experience and contacts, he was a natural in 1966 for L.B.J. to name to the three-man board of the Federal Deposit Insurance Corporation...
...majors operating in Libya. But it has enormous potential, because of its concessions in the huge Sarir field. To exploit its holding, BP Bunker Hunt has built a capacious crude-oil pipeline leading from its rigs in the Sarir to Marsa Hariga. Running 320 miles, the 34-in., multimillion-dollar line could ultimately carry almost 1,000,000 bbl. at a clip. It is buried six feet beneath the dunes in order to keep the oil liquid during the chill desert nights. The pipeline runs past a British airbase- and deliberately close to the Egyptian border. If necessary, British soldiers...