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...seen the value of their energy investments tumble with previous drops in the price of oil and natural gas. Says Alan Edgar, a petroleum analyst for the Dallas investment firm Schneider, Bernet & Hickman: "The bankers have got to be nervous. Next year will be the worst for the oil patch...

Author: /time Magazine | Title: Spoiling for an Oil-Price War | 12/23/1985 | See Source »

Since radically fresh ideas surface so rarely, companies try to get all the mileage they can out of them. Coleco, which will have sold some 40 million Cabbage Patch Kids by the end of this year, has devised all sorts of ways to keep them alive. One trick is to sell them as twins ($80 to $85 a pair). Another is to dress them as world travelers, complete with international wardrobes and passports...

Author: /time Magazine | Title: Battle of the Fun Factories | 12/16/1985 | See Source »

...projecting images that flickered across television monitors. But like countless amateur stargazers around the world, the astronomers wanted to see the cosmic celebrity with their own eyes. Huddled in the chill mountain air outside an observatory dome, necks craned, binoculars raised, they and a group of visitors searched a patch...

Author: /time Magazine | Title: Science: Greeting Halley's Comet | 12/16/1985 | See Source »

...many. And though even a reproduction of a great painting can have a powerful effect, there is something magical about the uniqueness of the original, the knowledge that Rembrandt applied his brush just here, nowhere else, and never again. Or somebody did. So we wander into that philosophical bramble patch at the edge of the legendary forest where the legendary tree falls and nobody is there to hear whether it makes a sound. Is the famous Etruscan warrior whom the Metropolitan Museum declared a fake some years ago any less handsome than he was back when we thought...

Author: /time Magazine | Title: Essay: The Man with the Golden Helmet | 12/16/1985 | See Source »

...moment, such concerns seem the least of Aquino's problems. Her hopes for an electoral success will be all but obliterated if she and Doy Laurel cannot patch up their differences. Laurel is a onetime Marcos ally and an experienced politician who, as head of UNIDO, controls the country's second strongest non-Communist political machine, after Marcos' K.B.L. The Aquino forces have counted on benefiting from UNIDO's political expertise in the weeks ahead. Instead, "Cory's Crusaders" may now have to combat their own inexperience as they hit the campaign trail. The UNIDO forces, meanwhile, may have...

Author: /time Magazine | Title: The Philippines A Lady Faces Marcos | 12/16/1985 | See Source »

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