Word: optionally
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Director Ralph Nelson has an unusual TV problem: he is afraid of growing stale. Most TV shows live precariously from one 13-week option to the next, but Nelson's I Remember Mama (Fri. 8 p.m., CBS) has been on the air regularly for nearly five years with the same sponsor (General Foods), the same basic cast, the same editor, Frank Gabrielson, and the same producer, Carol Irwin. Veteran actors Peggy Wood and Judson Laire are still playing a lovable pair of Norwegian immigrants in San Francisco; Robin Morgan, Dick Van Patten and Rosemary Rice are still their Americanized...
...Sackett the lawyers loved built his Coos Bay Times (circ. 8,930) into a daily that nets close to $75,000 a year and has a brand-new plant. From his publishing earnings Sackett has also picked up control of two money-making radio stations, and now has an option on a TV station in Vancouver, Wash, as well as the San Leandro, Calif, daily News-Observer (5,473). In periods of expansiveness. Sackett has been known to roam the coast picking up options to buy papers as lightly as he tosses off philosophic oratory from William James, Santayana...
...Chairman David Sarnoff and President Frank Folsom lost more than a million dollars in paper profits because of a drop in RCA stock. Under a stock option, exercised last February when RCA stock sold at 29, Sarnoff bought 100,000 shares and Folsom bought 50,000 at 17¾ as a long-term investment, with money borrowed from the banks. But during the six months they had to hold the stock under SEC regulations, the market price tumbled. Pressed by the banks, they were forced to sell 105,000 shares in all, for a profit of roughly $290,000, taxable...
...have an option," Bender said. "We could eliminate all commuters. Of course, we wouldn't want to do it. Rather, from our dorm space limitations, we would like to double the number of commuters...
...Plaza is George Preston Marshall, laundryman and owner of the Washington Redskins football team. For years he has thought that the land should be developed, and last year he persuaded Builder John W. Harris, who put up Washington's Statler Hotel, to form a syndicate to take an option on the land. Though the financing of the development is not completed and only the hotel and one office building (to cost a combined $30 million), and the plaza and garage have reached the blueprint stage, construction is expected to begin within six months...