Word: two-man
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...fees are hardly worth the effort. But last week a fledgling microwave-equipment company called F X R, Inc. made news with its new issue. It had taken its modest (200,000 shares) offering to an underwriting specialist as small as itself: C. E. Unterberg, Towbin Co., a two-man firm that operates a one-room office and has won itself a red-hot reputation introducing and making markets for midgets. So successful is the firm that on the F X R issue, a string of blue-ribbon houses-Lee Higginson Corp., Kuhn, Loeb & Co., Carl M. Loeb, Rhoades...
Second Stage. Unterberg, Towbin has had previous successes. In 1955 it engineered a Diners' Club stock issue that no one else wanted, brought it out at $8 a share. Current value: the equivalent of $86 a share. The two-man team handled Marquardt Aircraft Co. in 1952 at $15 a share; it is now worth $280 (counting stock dividends). While most of Unterberg, Towbin's companies are scientific or technical, it is not a venture capital firm in the sense that it sponsors new inventions. "We get in on the second stage," says Partner Clarence E. ("Dutch") Unterberg...
...Cousteau, inventor of the aqualung and famed deep sea diver, will give an illustrated lecture on "The Potentials of Undersea Exploration" tonight at 8 p.m. in Burr Lecture Hall B. Cousteau, author of "The Silent World," is Director of the Oceanographic Institute in Monaco. He also invented a two-man submarine which can descend over half a mile...
...average card has a tag match (two-man teams with the members taking turns mauling each other) that eventually degenerates into a crowd-pleasing, pier-six free-for-all. Midgets may be there to jazz up the act. Here and there, where lenient local authorities permit it, women wrestlers appear to slap each other around. Someone is sure to take a mean-looking poke at the referee (an illegal maneuver in Missouri); someone is sure to heave someone else through the ropes (never over; that, too, is frowned upon...
History and Lit underwent a slow growth for about twenty-five years. In 1923, in addition to the Committee, there was a two-man board of tutors; enrollment began to build up in the Twenties and by 1929 there were six tutors and 60 to 70 students. The Depression brought about severe budget limitations, and History and Lit was unable to hire additional tutors. As a result, concentration in the field, hitherto unrestricted, was limited to 50 Harvard and 15 Radcliffe students...