Word: peake
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Dates: during 1980-1989
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...understand Phil Mahre and his chances, one must consider Stenmark, who at 27, not far from the peak of his game, has been banned from Sarajevo for having the bad taste not to cover up his amateur income. For him, ski racing has always been a cold business. Since moving to untaxing Monaco four years ago and taking out a commercial license, he has profited by millions at the cost of his Olympic eligibility...
...issues market arises when companies attempt to sell their stock prematurely. Founders, backers and investment bankers can be tempted to hurry their offerings in the rush to capitalize on rising prices and public enthusiasm. That situation occurred early last summer, when the prices of newly issued securities reached their peak. Observes Sanford Robertson, a founder of Robertson, Colman & Stephens, an investment-banking firm in San Francisco: "In the summer there was a lot of junk. There were a lot of things with too high a price and too low a quality...
...strongest dollar in years. Propelled by the high level of U.S. interest rates and concerns about political instability abroad, the dollar smashed records for three straight days. The U.S. currency reached alltime highs against the French franc, the Italian lira and the British pound, and a ten-year peak in relation to the West German mark. By the end of the week, a dollar was worth 8.59 francs, 1,700.25 lire and 2.8 marks. The pound cost only $1.40. The dollar's gains continued even though the U.S. Federal Reserve was selling greenbacks to brake the currency...
...camera, the home shutterbug market is all but saturated. Cameras, moreover, face increased competition from home computers, video recorders and other entrants in the race for the so-called leisure dollar. As a result, many experts doubt that U.S. camera sales will ever again reach 1981's peak of nearly 46 million units...
...state-owned structure's basic secret: three swimming-pool-size, 250,000-gal. concrete water tanks resting in the basement. Like giant thermos bottles, these insulated containers can store heat, which can be tapped at will. In daytime, when the building's population is at its peak and office machinery is working full blast, the air in the central core of the building rapidly warms up. (The human body in a 72°F room gives off 250 B.T.U.s per hour, about equal to the heat from a 75-watt light bulb.) This hot air is propelled through...