Word: tele
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What the principals stressed about their work for the screen was not art--or accuracy Anderson, who is 20-years old, is a veteran of nine of these tele-movies in her 12-year career. Her reason for doing "The Freshman Year" is simple: "The fact is, it's very commercial, and I knew I would be foolish not to," she said, dangling a cigarette between takes last week...
Since there is no public market for these stocks until the offering, the entrepreneurs behind the ventures have no accurate yardstick for measuring what they, or their companies, are worth. Finding out is likely to be a pleasant experience for K. Philip Hwang, 46, chairman of Tele Video Systems Inc., and Allen Paulson, 60, chairman of Gulfstream Aerospace Corp. Their companies are among the 145 now in registration with the Securities and Exchange Commission for first-time offerings. Preliminary prospectuses show that, at the prices anticipated by the underwriters, Hwang and Paulson will soon be worth about half a billion...
...jeopardize the en tire package. Said one participant at the meeting: "Our main concern is to keep anyone from trying to pull their money out. We are writing the book on how it's done on this one." As the talks wore on, members were in almost constant tele phone contact with Mexico's Finance Secretary Jesús Silva Herzog. During breaks, the financiers grabbed quick meals at a nearby 24-hour restaurant...
...accumulated wealth as a yardstick of success rather than as an end in itself. K.P. (Phil) Hwang, 45, emigrated from Korea in the early '60s and worked as a busboy and waiter while attending Utah State University. In 1975 he used $9,000 in family savings to found Tele Video Systems, a company that makes computer screens and keyboards. Although Hwang is now a multimillionaire, he says that his wife still fusses over utility bills and turns down the thermostat at home...
...really important question raised by the breakup of AT&T, of course, is whether it will undermine or enhance the quality of American tele phone service. That is something that no one can know for sure until the divestiture takes place and telephone users across the country actually experience the results. Yet there is good reason to be optimistic...