Word: waltzed
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...Pierre Waltz, 40-year-old chief executive of the $142-million-a-year Société Suisse pour l'Industrie Horlogère (SSIH) has made pulses tick faster throughout the Swiss watch industry. In the two years since he took over at SSIH, which makes Omega, Tissot and other watches, he has fired hundreds of workers to cut costs, merged with the country's major producer of inexpensive watches to meet increasing competition from the U.S. and Japan, bought out one U.S. firm (Hamilton) and entered into a joint venture with another (Optel, a liquid-crystal...
...Waltz started out working for Fabriques de Tabac Réunies, a cigarette manufacturer that was owned by his mother's family. The firm was taken over in 1962 by Philip Morris. Waltz stayed on as an executive for seven years, then quit because of "serious disagreements" with his bosses. He had hoped to take a long skiing vacation, but the directors of SSIH, figuring that Waltz was just the decisive executive to meet the Japanese and U.S. competition, lured him off the Alpine slopes...
When inmates of Massachusetts' Walpole State Prison formed a JayCee group, their first gesture to the local townspeople was to stage a barbecue and dance for senior citizens. Trying out a waltz, one white-haired woman found herself in the arms of Albert DeSalvo, the self-confessed but never prosecut Boston Strangler. DeSalvo, who is serving a term for breaking and entering and assault, proved a model escort...
...Swiss, while expanding in the quartz field, are moving to get a bigger hold as well on the low-priced market. Tissot is test marketing a lightweight watch under another brand name made almost entirely of mass-produced lightweight, durable plastic parts, and selling it for about $20. Pierre Waltz, president of one of the biggest Swiss horological groups, proudly wears a plastic watch, and he says, "This might be as important a development as the electronic watch." Because the plastic case is sealed and cannot be opened for repairs, the new product will be the industry's first...
Roaches are everywhere. The rats minuet and waltz around the floor...