Word: oversold
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...their investors and large institutions have plenty of money in reserve. They may well come in and pick up bargains when and if the Johnson Administration finally decides what economic policy to follow. When Washington does clear the air, even by raising taxes or boosting interest rates, the oversold and underpriced stock market will very likely rise...
Cutting the Queen. The British invented railways, and oversold themselves on them. Britain has more track per square mile than any other nation and a rail station for every 2½ miles of track. Historically inefficient, Britain's railways have become even more so since their nationalization in 1948, have lost money each year since 1953 at an increasingly alarming rate. In 1961 the loss was $381 million on revenues of $1.3 billion. As a businessman who believes that even a public service should be able to show a profit, Beeching was appalled by what he found. Fully half...
...lays eggs." Contemporary music, he thinks, is in pretty sad shape: "Practically none of the music reviewers like any of the music they hear, or like any musical event." And what about the public? "The truth about the public," says Composer Thomson sadly, "is that they have been oversold on music. Satiety will soon...
...Louis, the Rev. William J. Gibbons. S.J.. professor of sociology at Fordham University, told the convention of the American Catholic Sociological Society that U.S. Roman Catholics have been oversold on procreation and undereducated on the responsibilities that go with...
...whispered that the English and French members of the jury had oversold their favorites. Morandi, who specializes in painting bottles, was a disarmingly quiet candidate, and his countrymen are inclined to be as modest about their moderns as they are proud of their old masters. More important: no still-life painter now working has a subtler talent for arrangement, texture and tone. Morandi's still lifes carry forward the great traditions of Cézanne...