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...doctors, dentists and big institutions that have been dealing in them." Exchanges, meanwhile, have been moving to make index trading more affordable. They offer a rapidly growing array of relatively inexpensive options to buy or sell contracts, for example, and thus let investors limit their risks to what an option costs. Some can be bought for less than $1,000. In addition, the Chicago Mercantile Exchange last month launched a contract based on a Standard & Poor's roundup of 100 stocks that can be invested in for about $3,000. It is already a brisk seller...

Author: /time Magazine | Title: The Newest Crapshoot | 8/22/1983 | See Source »

...world, but vice versa. It is not even really a movie, but instead a fictional documentary: a fabricated composite of newsreels, newspaper article collages, and interviews today with people who knew him then, as well as with current experts on the subject (Allen brings together an impressive array of intellectual heavyweights to mock themselves, including John Morton Blumlisted as authoring "Interpreting Zelig"--and Susan Sontag--author of "Against Interpretations...

Author: By Jacob M. Schlesinger, | Title: A Man for All Seasons | 8/12/1983 | See Source »

...Industrial Design Associates, Japan's largest and most innovative design firm, the matter is partly a philosophical one. "We Japanese," he says, "are the most avaricious people. Infinite desires but infinite time and space." To Ekuan the traditional bento-bako - the stacked lunch box packed with its careful array of distinct morsels - is the true ancestor of that emblem of modern Japan, the box full of microchips. Both represent a culture of linear flow: the processing of information, sensuous or electronic, through standardized components that can modulate content rapidly and to an infinite degree by rearrangement. The bento-bako...

Author: /time Magazine | Title: The Art of All They Do | 8/1/1983 | See Source »

This list of candidates was approved by a departmental vote, said Alonso, and then professors individually sent letters to Rosovsky appraising the possible appointments. Alonso added that, putting together these letters, "outside opinion," and the advice of the adhoc committee. Bok decided what array of offers to send out, without a formal department vote--usually required in such cases...

Author: By Michael J. Abramowitz, | Title: High Number of Offers Extended in Sociology | 7/29/1983 | See Source »

...Challenger crew members also activated an array of zero-g experiments, some, like a biological-materials separation test for making Pharmaceuticals, of potential commercial value. The space team acted as guinea pigs for Mission Specialist Norm Thagard, 39, the second medical doctor to fly the shuttle. He was trying to learn why some astronauts suffer from a form of queasiness known as space-adaptation syndrome during the initial hours of weightlessness. At the astronauts' request, Mission Control no longer publicly discusses medical problems during a flight. But judging by the demeanor of the five during television broadcasts from Challenger...

Author: /time Magazine | Title: Mission Accomplished | 7/4/1983 | See Source »

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