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Sailors on the Iranian gunboats sailing southwest from Farsi Island on Thursday proved far less prudent. They had been under U.S. surveillance ever since their rendezvous off the island. One of the American observers tracking the quartet of vessels was an Army pilot in an unarmed OH-6 Hughes helicopter, running quietly at 800 ft. above the water and peering at the boats through an infrared night-vision scope. He had no trouble identifying the small craft. The largest was a 150-ft.-long Corvette, a steel-hulled boat that could carry a crew of 140. There was a Swedish...

Author: /time Magazine | Title: The U.S. and Iran: We Engaged | 10/19/1987 | See Source »

American financial markets offer both the stability and variety of opportunity that prudent investors crave. Wall Street analysts give foreign investors credit for a major helping hand in the five-year bull market, and well they should. Via the computerized linkages that now tie together the world's financial markets, overseas investors are gobbling up U.S. stocks at a $39 billion annual rate this year, adding to their previous holdings of $167 billion. In the first three months of 1987, the Japanese bought $3.5 billion in U.S. stocks, while the British spent $2.4 Says Byron Wien, domestic portfolio strategist...

Author: /time Magazine | Title: Learning to Love Stocks and Bonds | 9/14/1987 | See Source »

...woman wearing a crown of green mountain ferns and drapery that looks vaguely Grecian stands alone, arms upraised, and chants in a strong voice to ancient gods. This is polite and also prudent. Kau'i Zuttermeister, 78, is a hula dancer, and she accepts mainland Christianity, first brought to the Hawaiian Islands in 1820 by missionaries. But her uncle Sam Pua Haaheo, an elderly kahuna, or expert practitioner, who taught her the chants, dances and drumming patterns of traditional hula 60 years ago, told her to "pray first to the gods of your forefathers. They were here first...

Author: /time Magazine | Title: Dance: In Praise of the Goddess | 8/24/1987 | See Source »

...much can we do? How much dare we do? How much would be prudent to do?" Bok asked at the conclusion of his speech...

Author: By Noam S. Cohen, | Title: Bok's Rhetoric Offers Harvard to the World | 7/7/1987 | See Source »

Cambridge Commissioner of Health and HospitalsDr. Melvin Chalfen said prudent measures mu shouldbe taken against contagious diseases...

Author: By Elsa C. Arnett, | Title: Harvard May Provide Police With Gloves | 6/9/1987 | See Source »

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