Word: bargaining
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Dates: during 1980-1989
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...news from Tokyo buoys Wall Street, as do the Fed's reassurances of the previous day on the availability of credit. Major corporations take advantage of greatly discounted prices to buy back large blocks of their own stock. Other bargain hunters also begin to prowl. One broker says the market is moving "from hell to heaven...
...most investors who were thinking of selling have been cleaned out in one grand sweep and buyers start looking for newly cheap shares. The rally in the middle of last week was given particularly powerful support by some 200 major corporations that started buying up their own stock at bargain prices, in part to keep it out of the hands of would-be raiders. The crash put at least a temporary damper on mergers and acquisitions anyway. Several deals fell through because the bids made for the target companies suddenly looked unrealistically high after the general decline in stock prices...
...coming and took their profits before that climactic moment. Others, like Cafazza, in effect bet on the market plunge by making investments that rise in value when stock prices crumble -- either through options trading or a practice known as short selling. Yet another group of investors swooped aggressively into bargain-basement stock buying on Tuesday, after the Dow took its 508-point plunge, on the hunch that the market was certain to rebound. All of them proved that even on the worst of stock-trading days, there are winners as well as losers...
When the Jacksonville city council outlawed topless dancing in places where alcohol is sold, it did not bargain on the enterprise of Warren Colazzo. The owner of Fantasy World, one of the city's 14 topless bars, banned liquor rather than licentiousness. The outcome: a club full of 17-year-olds only too happy to sip Coke and near beer for a jiggle show...
...been said that if you have seen one Sam Shepard play, you've seen them all. If that is true, then the Harvard-Radcliffe Dramatic Club production of Shepard's A Lie of the Mind is an economy-sized bargain...