Word: polaroiding
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Last week, for example, an investor putting up $250 could have bought on the C.B.O.E. an option to purchase 100 shares of Polaroid at $40 a share any time before Jan. 31. Polaroid was then selling at $37.50. If by the end of January it were to rise to, say, $45, the option buyer could buy the stock itself at $40, sell immediately at $45, and make $500 on 100 shares; subtracting the $250 he had paid for the option would still leave a profit of $250, less commissions, in less than three months. Alternatively, if he did not want...
...through the windows, which look out on various roofs. All this makes Raia neither happy nor unhappy. He pays only $50 a month rent, but business is bad this year. On the other hand, business has never been particularly good. Raia's children have done well--one works for Polaroid, the other for a bank--but Raia is getting old himself...
...summer. And the library music-listening room involves this demonstration I was covering for The Crimson, only the demonstrators never showed up. The demonstration was outside 545 Tech Square, where the CIA has its local office. And the leaflet mentioned the CIA, as well as the usefulness of the Polaroid. Corporation--which also had its office there--to the South African government. But in its blurry way, the leaflet focused on Polaroid's local usefulness; it was signed by People Against National Identity Cards...
...proudly. He was friendly and cheerful and seemed perfectly sane, but it didn't seem to make sense, even when he asked me if I'd counted the cars--"the cars, man, didn't you notice how heavy the traffic was?"--that had turned out to protest against Polaroid. Where had he himself been during the demonstration, for example...
...gave me a hearty, pitying laugh--he was too polite to say it was Harvard's effect on people's weaknesses. "I come up from "Whind," he confided cannily, "you don't think I was going to come up to the front door and have Polaroid just take my picture, do you?" He chortied triumphantly--he might be crazy (who else would take on Polaroid?) but he was nobody's fool. It had been a highly successful protest that so one else could see, a little like the night softball game I almost played in this spring--I cherished this...