Word: reapings
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...investors, though, were happy with the change. Some Wall Streeters feared that rumors based on exit polls could stampede the market during trading and create wild price swings. Others worried lest speculators who follow the vote use their knowledge of the balloting to reap profits. Said William Le-Fevre, market strategist for Purcell, Graham & Co.: "The market should not open because there is too much room for abuse." Exchange officials discounted such concerns. "We deal with rumors day in and day out here," said a spokesman, "and I don't think there will be any more or any less...
...with Gromyko might lift some of the "suspicion and hostility" that have lately poisoned U.S.-Soviet relations and "maybe convince him that the U.S. means no harm." He hardly needed to add that the chance to be seen shaking hands with Gromyko in the White House Oval Office could reap rich political dividends for himself. Such statesmanlike vignettes could only provide voters with a comforting counterpoint to his recurrent image as a diplomatic gunslinger...
...would rename the site of the Soviet embassy in Washington Andrei Sakharov Plaza. While attempts to keep pressure on the Soviets to free the ailing dissident from confinement are laudable, even the State Department saw this one as a dubious and ill-conceived political ploy. State Department Spokesman Joseph Reap said the measure, which seems to have broad congressional support, might violate international agreements on protecting the dignity of foreign missions, lead to Soviet retaliation and prove counterproductive in freeing Sakharov. Said a disgusted U.S. diplomat of Congress: "Somebody ought to go up there and put a lock on that...
Earlier this year he brought the wrath of Texas down on himself by advocating that less emphasis be placed on high school football, which is a little like telling Texans to raffle off the Alamo. By selling their 45% share of EDS, Perot and his family could reap as much as $1.3 billion...
...residual interest in Reuters as worthless, omitting mention of the stock in their wills. Sellers of papers regarded their percentage of Reuters as at most an incidental value. This week, however, Reuters for the first time will offer shares to the public, and the once disgruntled owners expect to reap a paper windfall of $1.05 billion to $1.3 billion...