Word: unloading
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...Kozak, 36, the only one not named as a defendant. Andreas had been chairman, treasurer and a director of Pentron before he stormed out after a bitter "management dispute" in December 1965. Pentron had lost $2,400,000 that year, but Andreas, according to the charges, was determined to unload his 12% shareholding at "as high a price as possible." Ness, Rolland, Furla and Kozak promised to sell a 144,000-share block of Andreas' stock at $3 or better, if Andreas would in turn sell them another 175,000, which he held in a trust for his children...
...chairman delivered another lecture, this one against speculative trading by institutions. "Increasingly," said Martin, "managers of mutual funds, and portfolio and pension-fund administrators are measuring their success in terms of relatively short-term market performance. In effect, they set a target on a growth stock, attain that target, unload, and then seek other opportunities for quick capital gains." Given the size of their buying power, said Martin, such activity "may virtually corner the market in individual stocks," at the least cause undesirable price fluctuations. "Practices of this nature" said he, "contain poisonous qualities reminiscent of some respects...
...capable runways in South Viet Nam. Today there are 14. In April 1965, there were 15 airfields that could take C-130 transport aircraft. We now have 89. Then, there was one deepwater port for seagoing ships. Now there are seven. In 1965, ships had to wait weeks to unload. We now turn them around in as little as one week. A year ago, there was no long-haul highway transport. Last month alone, 160,000 tons of supplies were moved over the highways. During the last year, the mileage of essential highways open for our use has risen from...
...their dispute with the British, the Maltese boldly cut off duty-free oil supplies to the R.A.F. and refused to unload military ships or fill their boilers. For the British, the dispute has aroused a sharp awareness of a debt owed to the Maltese for past service. But the Maltese have scorned Britain's offer to send a team of top industrialists to advise the island on improving its economy. The British agreed at week's end to talk about the terms of the withdrawal, but the Maltese had already learned a new history lesson: they must either...
...theory of others rather than an art instinct of their own. The turnover is so fast that a style is lucky to last more than a couple of years before it is pronounced dead by the critics. With such a declaration, many a collector decides that he had better unload, prices decline, and artists get despondent. More in anger than in jest, Painter Jimmy Ernst ticked off an "unhappy proliferation" of present and possibly future styles: "Op and pop, sop (soft-edge-optical), plop-plop (from catsup bottles), abrev (abstract revisionism), exab (express-abstraction), geopimp (geometric-post-impressionism), kipab (kinetic...