Word: webber
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...Garden stage in a 2½-hr. extravaganza of song and dance (with hardly a word of spoken dialogue) that is the most highly touted foreign musical ever to hit Broadway. In the previews, which begin this week, these 30 young show people-and their mentors, Composer Andrew Lloyd Webber, Director Trevor Nunn and Choregrapher Gillian Lynne-will be workng to turn this $4 million production into a Broadway hit. Says Lynne with a chill of anticipation: "It's like Americans doing Shakespeare and taking it to England...
Cats' pedigree is impeccable: lyrics by T.S. Eliot from his Old Possum's Book of Practical Cats, a collection of witty verses the poet wrote in the 1930s for the amusement of the children of his relatives and friends; and music by Lloyd Webber, currently the most successful composer for Broadway and the West End (Jesus Christ Superstar, Evita, Joseph and the Amazing Technicolor Dreamcoat). In London, Cats has been a sold-out smash since it opened in May 1981. But the New York version "will not be a clone of the other," says Producer Cameron Mackintosh. Four...
...Boston-based Yankee Group, a leading electronics analyst, sales are expected to explode from a mere 35,000 in 1980 to 1.5 million this year. Smith sees shipments rising to a dazzling 3.5 million in 1983. Says Barbara Isgur, an industry watcher for the Wall Street firm of Paine, Webber: "This year is the turning point. We have entered the age of personal computers...
Wall Street analysts, however, are more cautious. "I don't think we can scream that the recovery is at hand," says Maryann Keller of the Paine Webber investment firm. Even after an upbeat May, auto sales for the year so far are 36% less than during the same months in 1978. The automakers continue to confront the problems that first triggered their prolonged slump: high interest rates, a weak economy and fierce competition from Japanese imports. Says Fran McCormack, general manager of Clayton Motors Dodge in East Hartford, Conn.: "There are obviously a lot of people who need...
...would soon be in technical default on $4.2 billion in loans because its net worth would drop below $1 billion. Although the lenders could push the company into bankruptcy at any time, they are not expected to take that step. Explains Eli Lustgarten, vice president and analyst at Paine Webber Mitchell Hutchins Inc.: "The banks are in just as deep as Harvester, so they will likely come up with a new agreement...