Word: sharing
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Dates: during 1960-1969
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...dove turned mild hawk, seemed ready to change feathers again with a call for a bombing pause; and Illinois' Charles Percy, who has frequently voiced discontent over Viet Nam before, got 22 colleagues to cosponsor a resolution asking the President to insist Asia's non-Communist nations share more of the fighting with...
Kicked on the Floor. In practice, school boards have relied mainly on top school administrators and superintendents to decide which new pilot projects, textbooks and course changes to try out. But as teachers insist on having a larger share in setting policy, notes Harvard Graduate School of Education Dean Theodoer Sizer, "the superintendent has been kicked on the floor-teachers are dealing directly with the school board...
...surprisingly, fuming smokers are changing their buying patterns. Newsstands and small shops used to be the industry's No. 1 outlet, but now others are taking over the trade. Largely because they offer the best prices in town, supermarkets have increased their share of total cigarette sales in recent years to a commanding 35%. They are now the leading sellers of smokes...
Call options lure bulls who figure stock prices will rise. A call is a transferable contract giving the purchaser the right to buy stock (almost always in 100-share lots) at a specified price (generally the market price on the purchase date) at any time during a specified period ranging from 30 days to a year. Last week, when National Video common was selling for $31.50 per share, an investor could have bought a call at $450 expiring next April 4. Provided that the stock rises as much as $5 a share by that date, the investor will be able...
...options, the opposite of calls, entice bears who figure that the price of a stock will fall. Puts give the purchaser the right to sell 100 shares of stock at a set price at a future date. Last March, Manhattan's Thomas, Haab & Botts, one of the largest put-and-call dealers, sold a put option on Fairchild Camera for $1,750. It permitted the buyer to sell 100 shares of Fairchild stock at $119 a share any time before Sept. 26. By last week, that stock had dropped to $92, enabling the put holder to buy the stock...