text stringlengths 1 3.86k |
|---|
i think we could very well have an economic slowdown beginning very soon if not already he says |
mr. <unk> does n't expect an actual recession |
but he does expect a <unk> <unk> of an economy with very slow growth maybe one quarter of no growth at all |
in such a climate utility stocks look good to him |
he favors <unk> group inc. florida progress corp. <unk> energy inc. wisconsin energy corp. and dominion resources inc |
the appeal of gold issues mr. <unk> says is that they 're a counter group |
you go into them because they move counter to the general market |
he adds that gold stocks had been down so long they were ready for a bounce |
his <unk> are american <unk> resources corp. echo bay mines ltd. and <unk> <unk> mines corp |
nevertheless mr. <unk> <unk> that you do n't buy gold stocks based on powerful fundamentals |
in addition to having high price-earnings ratios most pay <unk> dividends if any |
the earning power of gold mining companies is restricted unless the gold price <unk> up over $ N an ounce he says |
<unk> cohen an investment strategist for drexel burnham lambert also thinks it makes sense to have some money in both utilities and gold |
my outlook is for a decline of about N N in corporate profits in N she says |
but a bunch of utilities should post profit increases |
among utilities drexel currently favors <unk> corp. and general public utilities corp |
as for gold she notes that it usually rises when the dollar is weak as it has been lately |
among gold stocks drexel likes battle mountain gold co. <unk> gold co. and freeport-mcmoran gold co |
it never <unk> to <unk> me how the business world continues to <unk> the world 's environmental problems is science or private gain driving ozone policy by george <unk> business world oct. N |
to suggest that a N N drop in ozone by the middle of the next century would be negligible is irresponsible and <unk> |
consider the fact that a mere N N drop in ozone would increase birth defects and <unk> by allowing solar radiation to alter the dna structure |
even a small reduction is <unk> and to suggest otherwise is <unk> and <unk> |
the reason environmentalists do n't mind seeing new crises arise is because there are new crises |
crises larger and more dangerous to the quality of life than they were N years ago |
if you are doubtful consider for a moment that the <unk> <unk> <unk> in northern new jersey which supply the <unk> area with drinking water are <unk> with toxic <unk> |
this is a fact and not the product of some environmental <unk> or a group 's <unk> to create a market |
it 's time business leaders and the general public learn that <unk> does not rule over this natural environment but is rather the <unk> <unk> player within nature 's workings |
mark t. <unk> jersey city n.j |
mr. <unk> 's column was right on the money but i wish it could have gone one step further |
as an employee of a major <unk> and <unk> manufacturer i have been heavily involved in dealing with the political <unk> of the <unk> theory named after the researchers who found in N that chlorofluorocarbons contributed to the depletion of ozone in the earth 's atmosphere and the montreal protocol |
an important part of my effort has been to understand the science so i can explain it to corporate colleagues facing major changes in product design |
in my research i have found a paper by joseph <unk> of the national cancer institute and several colleagues reporting an <unk> decrease in uv-b radiation at eight u.s. measurement sites |
our concern for the ozone layer of course grows out of the potential for increasing uv-b radiation which could damage <unk> and <unk> |
the last of the measurements reported was in N but recent conversations with mr. <unk> indicated that he knew of no recent changes in the trend |
i understand but have n't yet <unk> that there are studies by <unk> russians and the max <unk> institute that show either <unk> or declining uv-b at the surface |
to me this calls into question the <unk> of the <unk> theory and hence the whole chlorofluorocarbons replacement effort |
this in turn threatens the massive vested interests of which you have written |
my questions on this subject at a recent meeting at the world resources institute with representatives of the national resource development commission the environmental protection agency friends of the earth etc. were greeted with <unk> and some <unk> comments about that report being <unk> |
when i expressed <unk> that no one was undertaking a more current and credible uv-b study i was urged to get back to the agenda topic which was ironically a schedule for getting rid of <unk> the so-called soft cfcs that are such an important part of the <unk> <unk> scenario |
subsequently i have learned that a private group of which du pont is a part is funding a modest program to continue data gathering at the <unk> report stations as well as to develop more sophisticated <unk> measuring instruments |
but this is almost an underground activity |
to my knowledge no government entities including the epa are pursuing uv-b measurements |
the topic never comes up in <unk> establishment meetings of which i have attended many |
it seems to me that such measurements are a vital part of any <unk> honest evaluation of the threat posed by cfcs |
while recognizing that professional environmentalists may feel threatened i intend to urge that uv-b be monitored whenever i can |
frederick h. <unk> vice president industry and government relations white consolidated industries inc washington |
the relationship between surface release of cfcs and global <unk> ozone loss was identified back in N |
although like all scientific theories it had its initial opponents few experts question the connection now |
the discovery of the ozone hole over <unk> and the results of <unk> and <unk> aircraft experiments conducted over the past several years serve as evidence that ozone depletion is related to <unk> <unk> |
in the september issue of scientific american thomas e. <unk> distinguished member of the technical staff at at&t bell laboratories and paul j. <unk> director of the air chemistry division of the max <unk> institute for chemistry in <unk> west germany wrote it is now quite evident that chlorofluorocarbons particularly... |
mr. <unk> quotes peter teagan and <unk> the name of arthur d. little inc. to support his statement |
however unlike messrs. <unk> and <unk> who are both <unk> in the study of atmospheric chemistry mr. teagan has no special expertise in the area |
he is a mechanical engineer not an atmospheric <unk> |
it is <unk> and <unk> to say that scientists needed new crises to generate new grants and contracts and that environmental groups need them to stay in business |
solving the global environmental problems we all face will require an unprecedented level of cooperation and communication among industry policy makers and the scientific community world-wide |
karen fine <unk> publisher global environmental change report <unk> mass |
nearly two months after saying it had been the victim of widespread fraud miniscribe corp. disclosed it had a negative net worth of $ N million as of july N and hinted that it might be forced to file for protection under bankruptcy laws |
richard rifenburgh chairman and chief executive of the <unk> colo. disk-drive maker also said the company continued losing money in the third quarter and expects to sustain further losses through the end of the year |
mr. rifenburgh told industry analysts he is moving aggressively to negotiate <unk> settlements on a number of shareholder lawsuits but noted that the company could file for bankruptcy-law protection if settlement talks fail |
mr. rifenburgh also noted that N million shares of miniscribe common stock were traded during the past three years so there 's a tremendous amount of exposure |
miniscribe has said that its financial results for the past three fiscal years would have to be restated because of the allegedly fraudulent accounting and marketing practices that inflated revenues and net income |
miniscribe also has n't filed any financial statements for N |
mr. rifenburgh said such statements should be ready by the end of november |
he said he expects the company to have $ N million in sales for this year |
he did n't say what the company expected to report for year-earlier sales which will be restated from the previously reported $ N million |
the release of miniscribe 's new balance sheet came one day after it introduced its new line of <unk> disk drives on which it is <unk> much of its hope for survival |
although it is not the first company to produce the <unk> drives which store information in personal computers miniscribe says it is the first with an <unk> drive the company plans to introduce a <unk> drive next year |
analysts and consultants had mixed reactions to yesterday 's announcements <unk> mr. rifenburgh 's efforts but questioning whether the company can survive in a highly competitive marketplace |
it 's a <unk> attitude said dave <unk> vice president of storage research for international data corp |
others pointed out that at least four other disk-drive makers will have competitive <unk> drives early next year and that the industry already operates on very thin margins |
the company also faces <unk> by the national association of securities dealers |
the company continues to trade in the over-the-counter market with an exception to listing requirements |
miniscribe filed a status report with the nasd on monday detailing its efforts to comply with listing requirements and <unk> an extension of the exception but has n't received a response |
miniscribe common closed yesterday at $ N down N cents and has been trading for several months at less than $ N a share |
meanwhile u.s. attorney jerry <unk> in denver is reviewing the report prepared by miniscribe 's outside directors to determine if criminal charges should be brought before a grand jury |
the miniscribe report <unk> a host of allegedly fraudulent practices including the shipment of bricks and defective disk drives that were booked as sales and inventory <unk> in accounting records |
the internal investigation also criticized miniscribe 's auditors coopers & <unk> for allegedly ignoring numerous red flags |
mr. rifenburgh said the board still has n't acted on most of the internal report 's recommendations pending <unk> of the balance sheet |
he added that he expects to make a recommendation within a few weeks on whether miniscribe should file its own lawsuits against former company officers and directors |
american enterprise institute scholar norman <unk> in the oct. N tv guide on what tv news does n't report about congress and should |
by concentrating all their resources on the pay raise wright and tower the networks actually <unk> some major stories that showed the flaws and <unk> of the institution |
an <unk> producer could easily have created a <unk> and interesting piece about how congress really works and why voters in say west virginia got a federally funded university project and building while voters in arkansas did not |
but nobody did such a piece reflecting a contemporary <unk> the more a scandal has to do with a congressman 's duties as a congressman the less likely it is to catch the fancy of a network |
<unk> michael <unk> in one of his institute 's recent publications on journalism in the year N |
the <unk> definition of <unk> will favor virtually <unk> use of personal sensitive and intimate facts |
traditional standards of <unk> and importance is this something the public ought to know will be replaced by a much broader test is this something the public is interested in knowing |
and since the public has always been <unk> by <unk> and <unk> reporters and editors will strain for creative <unk> to justify the <unk> of collateral facts about private lives including sexual activities and domestic relationships activities of family members and all matters about mental and physical health |
similarly <unk> images will be more vivid <unk> and sometimes <unk> |
one consequence of the trend toward tabloid standards of taste will be fierce attacks from politicians who will find sufficient evidence of abuse to <unk> an already <unk> public to control the press |
bankers trust new york corp. won permission from the federal reserve board to move the company 's private placement department to its fledgling securities subsidiary |
the seemingly mundane action which was opposed by the securities industry association a trade group has important implications for banks ' recent entry into the underwriting of corporate securities |
the fed 's action increases the volume of publicly registered securities that banks ' securities affiliates will be able to underwrite |
several other banks have similar applications pending |
over the past two years the fed has given a handful of banks ' securities affiliates permission to underwrite and deal in a variety of corporate asset-backed and municipal securities that had previously been the sole <unk> of securities firms |
securities firms have challenged those fed approvals saying they violate federal laws <unk> the banking and securities businesses |
however the fed limited the revenue that banks could earn from these new underwriting activities to no more than N N of the revenue earned from other securities activities long open to banks such as dealing in u.s. treasurys |
for some banks that N N ceiling created problems |
but by allowing <unk> securities inc. to handle private <unk> the fed boosted the volume of new types of underwriting that the unit can do |
private <unk> involve debt and equity securities typically in denominations of $ N million that are sold to institutional investors and are n't registered with the securities and exchange commission |
last year bankers trust said it placed $ N billion of corporate debt and equities privately |
Subsets and Splits
No community queries yet
The top public SQL queries from the community will appear here once available.