Word: prudently
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President Kennedy made clear that his final decision is yet to come. Last week he was seriously considering setting off some test blasts even while continuing to negotiate at Geneva. Said a top U.S. disarmament policymaker: "It hardly seems prudent in the light of present events to risk the security and survival of this country on the good faith of the Soviet Union...
...buyers of new issues seem to worry about such prudent measuring sticks as price-earnings ratios. Control Data, which hit the over-the-counter market at 1 a few years ago, recently hit 133-or 148 times its expected earnings of 90? a share. Some hot-selling companies have never seen anything but red ink. Says one broker: "I can understand a stock selling at 20 times earnings, or 50 or even 100 times earnings-but how do you compute the ratio of a company with no earnings...
...probable heir, ambitious Crown Prince Seif el Islam el Badr, 35, summoned all governors and deputy governors to confer with him in Hodeida. Since such meetings usually precede the election of a new Imam, many Yemenis were convinced that the Defend er of the Faith was dying. The prudent people of Yemen will believe it when it is official...
...billion, a 1% gain), and that new orders have risen for the first time since a brief flurry last summer, making a 2% gain to $29 billion. Equally significant, manufacturers' backlogs of orders showed their first solid rise in more than a year. Inventory liquidation, a prudent pulling back that aggravates any recession, has slowed down. Manufacturers reduced their inventories in February by $100 million, the same as in January but far below the hefty inventory reductions of recent months...
...rated at 57,000 Ibs. of thrust-as against a total of 16.000 Ibs. for the four chambers of earlier X-15s engines. For a few seconds it generated 70% of its rated thrust, and White thrilled to its surge. Then he throttled back to a more prudent 50% and put the X-15 into a 30° climb. When he reached level flight at 75,000 ft., the X-15 spurted ahead. White slipped it sideways and wiggled its rudder to test control-and the strange airplane responded precisely. He shut off the engine after 125 sec. of operation...