Word: sharing
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Dates: during 1960-1969
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...lured into playing detective without any clues. In Tea Party, a middle-aged manufacturer of bidets is driven into a catatonic state by the interactions of his secretary, his wife and her brother. The Basement has two old friends vying for the affections of a girl with whom they share a basement flat...
...Wall Street, the cops-and-robbers business is getting the sort of play that once was accorded to aerospace and the Pill. The stock of Pinkerton's, Inc. (see BOOKS), the 118-year-old outfit that went public in 1967 at $23 a share, is now trading at $51. Federal Sign and Signal, a Chicago maker of police sirens, has gone from $19 to $42 in the past year. American Safety Equipment Corp., whose sales of $26.75 police helmets more than tripled in 1968, has jumped from $10 to $16. Other companies in the police market have seen their...
None of Wall Street's brash young managers of "gogo" mutual funds have gone farther faster than 36-year-old Frederick S. Mates. His $32 million Mates Investment Fund has risen 153% in per-share asset value since the beginning of 1968, the highest growth rate of any fund. A onetime English teacher who learned how money talks in 13 years as a highly successful market analyst and big-account broker, Mates is truly the personification of self-confidence. On one wall of his office, he keeps a framed parody of an old Wall Street slogan: "Invest, Then Investigate...
...crisis. That came two weeks ago, when the SEC halted trading of a lively over-the-counter stock that had been one of Mates' big winners. The SEC cited "possibly misleading" information about the stock-Omega Equities Corp.-which had been bid up from 40? a share in January to $35 in November. It last traded at $25, which means that the 300,000 shares that Mates had bought in July for just under $1,000,000 now account for about 15% of his fund's value...
There sits Julie Harris, trig though middleaged, lovely though unhappy. She needs transportation. There stands young Marco St. John, tall, dark, handsome and ever so resourceful. He has a motorcycle to share with the lady. As added enticements, he also offers Julie a bottle of ouzo (which is stronger than gin and sweeter than licorice) and a refreshing nocturnal skinny dip in the wine-dark Aegean. What is a twice-divorced damsel of 40 to do? She accepts, naturally...