Word: savin
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Even as the stock market edged downward this year, one stock shot up sensationally. Between January and mid-September, the shares of a little-known company called Savin Business Machines Corp., of Valhalla, N.Y., increased 158% in value on the New York Stock Exchange, reaching a high of $50. Suddenly Savin's stock collapsed; by the middle of last week its price had been cut nearly in half, to $27.25, and a modest rally brought it back only to $28 Friday. The drop was a classic case of how jittery stock traders can be panicked...
Many Did Well. Yet for each downbeat performance, there were many companies that did well. Xerox, struggling against stiff competition in the copier field from Eastman Kodak, IBM and Savin, posted a 12% earnings rise, to $91.6 million, about equal to total company revenues 15 years ago. American Telephone & Telegraph, which last year became the first U.S. company to earn more than $1 billion in a single quarter, did it again in the recent quarter. Earnings were $1.09 billion, up 26%. Polaroid, expected to introduce its long-awaited instant movie camera at its annual meeting this week, earned $14 million...
Other winning facets of Red Line travel include the famous gas tank painting, which may be spied by gazing leftward after the Savin Hill stop. At the edge of the water stands a huge receptacle owned by Boston Gas, where a spacy artist named Corita was hired to make the tank more "colorful." Intentionally or not, she came up with a few broad paint strokes--the blue one, at a good examining glimpse, is a profile of none other than Ho Chi Minh, with his wispy beard curling to a point at the bottom. Later, at the Ashmont-to-Mattapan...
...around 8:15 a.m., I headed out for Savin Hill, a recently remodeled station between Park and Dorchester and another free switch. Coming back intown from there I got a nice surprise: a ride in one of those new-fangled trains. It was better than any regular train I'd ever ridden; it was spacious, clean, and there was a loudspeaker to announce stops, just as there is in New York...
What Monro calls the "loose-jointed" nature of the program may be the reason why greater coordination has not been reached. The advisors cling to their autonomy in the Houses, Prout explains, and Prout himself, according to Michael A. Savin '65, president of the Harvard Radcliffe Pre-Medical Society, is just "too busy," despite his genuine concern, to push them together...