Word: watcher
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...debt, which now totals $1.5 billion. By last October, interest payments for the first nine months of 1981 had reached $273.8 million, or nearly $78 million more than for all of the previous year. This created a major cash drain for the corporation as a whole. Said an RCA watcher: "Interest problems are the reason that company earnings collapsed...
That is hardly heartwarming. But neither is it cause for depression or panic selling, says Dow Watcher and Market Analyst William M. LeFevre, 54, of the New York investment firm of Purcell, Graham & Co. The market, he says, is behaving as it almost always has during the first year of a Republican Administration...
Nonetheless, few retailers or industry watchers expect Christmas sales this year to set any growth records. Said Joseph Ellis, a merchandising watcher for Goldman, Sachs & Co.: "By the time the smoke clears in January, I don't think it will have turned out to be a strong Christmas season." Added Robert Ortner, chief economist at the Commerce Department: "Christmas sales will be mediocre at best...
...chance on a left-wing or experimental work. They don't have the same altruistic concern for the arts that public subsidy does. We could subsidize a play which attacks nuclear energy, whereas the British nuclear power companies wouldn't." In the United States, as any public television watcher knows, Mobil and Exxon are "generous" supporters of the arts...
...third party to the transaction-the anticipated watcher or reader-has to gain something from the interview too, which helps to keep the process honest...