Word: prospectuses
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...former West Coast editor for Penthouse, has filed suit for damages, half the royalties and title credit on all future editions of the book. As he tells it, he and Kassorla went from bed to tape recorder, chatting up sexual bouts and working out a detailed, 90-page prospectus for a "revolutionary new book on sexual behavior." He says that 114 of the 229 pages of the bestseller are his. He also claims joint credit for most of the book's original ideas, including "Silence Isn't Golden" (lovers should constantly talk during and after sex), "Fingertipping" (when...
...cover of Rolling Stone's 1.8 million-copy Lennon memorial issue, which is expected to be RS's alltime bestseller. Publishers began turning out Lennon books almost overnight. The Wall Street Journal reported that one venture capitalist, Harry Harootunian of Cranston, R.I., even put out a prospectus offering 23 partnership interests at $45,000 apiece in a forthcoming book about Lennon...
...every February its original cover of a dandy, Eustace Tilley, eyeing a butterfly through a monocle-The New Yorker has changed a lot. There have been two New Yorkers. The original reflected its founding genius, Harold Ross. ("Its general tenor will be one of gaiety, wit and satire," the prospectus said. "It will hate bunk," and would not be "edited for the old lady in Dubuque.") Its clever, brittle style survived the Depression but seemed frivolously out of sync when World War II began. So, war coverage was introduced, culminating in an unsparing report on Hiroshima by John Hersey...
...Genentech itself states in its prospectus, the stock involves a high degree of risk. It is also likely to have a very high price-to-earnings ratio. The offering price is expected to be $25 to $30 per share, even though Genentech earned a meager 1? per share during the first half of 1980 for its private backers. The reason for all the excitement among analysts is that Genentech is one of four leading companies in the world doing recombinant-DNA research, a phenomenon that has had the scientific and investment communities elated for several years. Genentech is the first...
...times change. When he was starting up The New Yorker in 1925, Editor Harold Ross declared in his prospectus that his magazine would be much too sophisticated for "the old lady in Dubuque." If that instantly famous putdown ever had any accuracy, it surely does not now. Dubuque (pop. 65,000) has a lady mayor. And at 44, she is neither old nor unworldly-even though her honor, Carolyn Farrell, is a nun of the Sisters of Charity. Dean of continuing education at Dubuque's Clarke College, Farrell (she prefers not to be called "sister...