Word: steams
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...when the Dow Jones stood at 776.92. The Dow went upward for ten months, until the middle of 1983, and forecasters confidently predicted it would reach 1400 or 1500. Instead, it then began drifting sideways. This year, while many money managers expected the market to pick up steam again, it sank instead. The price of an average share of stock on the New York Stock Exchange has fallen 25% this year...
Spawned in the mid-18th century, the first Industrial Revolution was fueled by the steam power and coal of Britain. The second, around 1900, got its push from chemical and electrical developments in Germany. Now there is a third industrial revolution under way, propelled by microchips. This time, however, the driving force is in the U.S. and Japan, and Western Europe is being left far behind...
...Hollywood in Wolper prevailed on other counts, however. Anyone consider, during the parade of athletes, the 300 beautiful young women carrying placards bearing the names of nations? "We got a lot of steam from the committee on this," Wolper said. "They said, 'You can't pick girls just on the way they look.' I'm in show business, folks. I don't give a damn about the rules. This is a show. I'm putting on a running event. You look good, you can't be an Olympic ard bearer." As it happened...
...first-ballot victory. Hart's aides happily spread the word that some 50 delegates who had been unpledged or in Mondale's camp had expressed interest in voting for Hart out of disgust over the Lance affair. Mondale's retreat, however, took much of the steam out of the fledgling revolt...
Rosen said steps had been taken to alleviate the overheating, including additional insulation and the placement of fans in the basement to blow the steam out into halls instead of allowing it to float up. Rosen said he expected the insulation to be completed within a week...