Word: opted
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Victory at Forest Hills last week brought Ashe a wealth of prestige, but Tom Okker took home the first-prize money of $14,000. Classified as a "registered" player in The Netherlands, Okker could opt for either expenses or prize money. The U.S. has no such classification, which is why Ashe may well turn pro when he gets out of the Army next February; there are rumors that he already has been offered a $100,000 contract. In the meantime, he is looking ahead to December's Davis Cup Challenge Round in Australia, when he hopes to help take...
Profitable Options. Stockholders can opt to trade a share of Container Corp., worth $38 at week's end, for a $45 share of convertible preferred stock in the yet-to-be-named holding company. Or 49% of them can have a $55 debenture paying 61% interest for 20 years-a security that analysts figure could be sold immediately for a tidy profit. Wards' stockholders can swap only one share of Wards for one of holding-company common stock, but they have a strong incentive to do so. Container Corp.'s profits of $32.9 million last year were...
...open the way for more and larger class actions. For Eisen, the decision improved chances of regaining his money-almost. The biggest obstacle remaining is that federal rules provide that adequate notice must be given to other members of the class so that they can protect their interests or opt out if they wish...
...other hand, there is the far greater danger that institutional Christianity, without an extraordinary amount of reform, will end up as a monumental irrelevancy. Faced with a choice between the church in its present form and the underground cell, it is likely that a majority of Christian thinkers would opt for the small, unstructured community as a likely model for the future. Jesus never explicitly said that all men would be converted to believe in his word. Far more meaningful is his image of his followers as the "salt of the earth" and "the light of the world"-similes suggesting...
...past years, about three out of five students to the Law School decided to attend. If a larger proportion opt for the school this year, an admissions increase would not be needed...