Word: panic
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Dates: during 1980-1989
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...Rome journalist named Enrico Altavilla provided this description: "Our objective was the great new bridge of nine spans over the ((Vistula)) river. We flew over it at 600 meters. It was crowded with autos, armored cars, trucks and private vehicles. In their panic they had created a jam, and none could go forward or backward. The first bombs missed their objective by a hair's breadth. We turned and could see the bridge already full of smoke. One of the other bombers was more accurate than ours. My pilot bit his lip. The bridge was still standing, but this time...
Some analysts are encouraged that investors have been going back into the market slowly and cautiously, in comparison with the mob scene in mid-1987, which made everyone skittish and panic-prone. That is not the mood this time around -- at least, not yet -- and markets rarely hit their peak until all types of stocks are overbought, professionals become exuberant, and even small investors are snapping up stocks with abandon. Peter Lynch, manager of Fidelity's $11.5 billion Magellan mutual fund, recalls that "in the summer of 1987, torrents of cash were coming at us out of money-market funds...
...believe Ferruzzi's two largest U.S. rivals, Archer Daniels Midland of Decatur, Ill., and Cargill of Minneapolis, felt the pinch from rising prices and complained to the c.b.o.t. Said one trader: "Older, established firms ganged up on the new, foreign kid on the block." With prices taking a near panic dive, Ferruzzi has already lost an estimated $10 million. Harder hit may be U.S. soybean farmers, who last week saw the value of their total crop fall an estimated $500 million...
...them: use electric blankets only to warm beds before retiring, place the electric alarm clock across the room instead of by the bed and sit at least ten feet away from the television set. Above all, avoid excessive worrying. Until the verdict is in, the watchword is prudence, not panic...
What do the creators of these works, the majority of whom live in New York, gain by going out of town? Time to nurture a show while insulated from panic- inducing box-office pressures, and solid artistic collaboration. Increasingly, regional artistic directors have some background of commercial success, while the standards of acting and design generally measure up to those off, and indeed on, Broadway. Just as important, the ticket buyers are receptive and discerning...