Word: skirmishes
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...that Pickens took aim at Cities Service, an Oklahoma firm whose sales were nearly 20 times Mesa's. It proved badger tough, however, and nearly succeeded in swallowing Mesa by bidding for its stock before finally calling it quits and selling out to Occidental Petroleum. That hectic skirmish brought the Mesa group a $31.5 million profit and taught it some lessons. "Mesa had insufficient financial muscle throughout that fight," says Assistant Vice President Sidney Tassin. "We had a good idea but not enough money to back...
...scattered everywhere. Earlier, crews of olive-clad Laotian soldiers and Americans in T shirts and grimy Levi's had cut a working area roughly the size of a baseball diamond, first by clearing the dense undergrowth and then by dropping to their hands and knees in shoulder-to-shoulder skirmish lines for a preliminary search of the area. Among the items unearthed were bits of human bones, a scattering of teeth and what the crews will describe only as "some personal effects." For the untrained, the bone fragments would be hard to recognize, often looking like nothing more than pieces...
...fight over that proposal is likely to make the battle over credit guarantees look like a warm-up skirmish. To Stockman and Secretary of Agriculture John Block, the current farm troubles are a sign that 52 years of heavy Government involvement in agriculture have led both farmers and taxpayers to a dead end. Rural prosperity, they believe, can be rebuilt in the long run only by a long-overdue and surely painful transition to a leaner system that forces farmers to compete with little Government aid in markets at home and abroad. Says Block: "This country can no longer afford...
...countries want to keep production up in order to keep money flowing in. Iran and Iraq have a four-year-long war to finance. Venezuela and Nigeria owe large debts to Western bankers. Reducing the official price from $29 to compete with Britain could start an all-out skirmish with non-OPEC producers. "The system is so inherently unstable," says William Randol, an industry analyst for the First Boston investment firm, "that the slightest slip can lead to another crisis...
Even though Bic has beaten Gillette in the lighter skirmish, the battle between the two companies will rage on. The firms are equally fierce competitors in the throwaway pen and razor markets. While Bic's pen outsells Gillette's Write Bros, model, the Gillette twin-blade disposable Good News shaver holds an edge over the Bic single-blade entry. Gillette is also the leading producer of blades and razors in the U.S. and Canada and most of the rest of the world. In the bathroom battle at least, the American company continues to clean...