Word: schweickart
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Come February, Astronauts James McDivitt, David Scott and Russell Schweickart are scheduled to zoom into earth orbit aboard Apollo 9, the first complete moon package to be shot into space. In addition to the Saturn 5 rocket and the Apollo command and service modules, the package will include the trouble-plagued lunar module (LM) that is destined, eventually, to land on the moon. The mission will include space walks, rendezvous and docking maneuvers, and the first transfer in space of astronauts between Apollo...
Many brokers share Saul's alarm. "The high jinks on the Amex," maintains Vice President Bradbury K. Thurlow of Winslow, Cohû & Stetson, constitute "classic symptoms of irresponsible overspeculation in 'cats and dogs.' " Adds Research Director Stanley A. Nabi of Schweickart & Co.: "It's not only crazy but also unsustainable...
...sidelines until the market's direction became clearer, most of last week's activity was the work of bargain hunters. For them, brokerage houses churned out new lists of stocks that offer reasonable income and low price-earnings ratios. One such list, circulated by Manhattan's Schweickart & Co., ticked off half a dozen blue chips-including Allied Stores. General Motors, Jones & Laughlin and Royal Dutch Petroleum-with price-earnings ratios of less than 12 to 1 and dividend yields of 4% or more. For many stocks, yields were on the rise-and not only because stock prices...