Westergaard argues high P E stocks ride a self funding boom
John Westergaard of Equity Research Associates posits that high price earnings ratios can signal safety as fast growing firms issue new stock and invest proceeds in the money market. With rates high the strategy appears self sustaining, creating wealth in the 1980s despite skepticism.
MENTIONED IN THIS ARTICLE
New York
Wall Street
John Westergaard
Equity Research Associates
Westergaard
Three men arrested on drug charges aboard shrimp trawler
A North Carolina man and two Colombians were arrested aboard the 65 foot Francis and Louise at the Fisherman's Landing dock near Mount Pleasant after a call from a resident. Marijuana residue weapons and $141000 in cash were found. bond set at 300000 for Earl Dean Jolly.
MENTIONED IN THIS ARTICLE
Charleston
Mount Pleasant
Clark W. Settles
U.S. Customs Service
North Carolina
Francis
Brunswick
Ben Sawyer Bridge
Kerry Mobley
Earl Dean Jolly
Arturo Jil Acosta
Milsades Barazza Lopez
Colleges Should Meet Deadline On Desegregation Plan
Columbia AP James E Bostic Jr Greenville says South Carolina can meet the federal deadline to desegregate state colleges. He notes the commission's plan committee shows action but does not accept all findings of the Education Department report. The report gave two months to remove vestiges of unconstitutional segregation in the university system.
MENTIONED IN THIS ARTICLE
Columbia
South Carolina
State Commission On Higher Education
James E. Bostic, Jr
Greenville
U.S
Education Department
Bostic
Solar drying demonstrators seek to cut crop losses in SC
Ten South Carolina farms will test solar drying under a $100,000 federal grant administered by Clemson University. The project runs three years across nine counties, with solar collectors drying corn wheat peanuts and possibly tobacco to reduce rising drying costs and improve farm efficiency.
MENTIONED IN THIS ARTICLE
Clemson (Ap
South Carolina
Clemson University Extension Service
Extension Service
Med School Purpose Reaffirmed in South Carolina
The South Carolina Commission on Higher Education reaffirmed the USC Medical School focus on primary care to avoid duplication with MUSC in Charleston. It urged $8.7 million in next year’s budget, up $1.8 million from this year, and called for reporting all improvements over $10,000 to the Budget and Control Board.
MENTIONED IN THIS ARTICLE
Columbia
University of South Carolina Medical School
State Commission On Higher Education
Commission
Medical University of South Carolina
Charleston
USC Medical School
Budget and Control Board
Justice Dept. to Sue Charleston County Schools over Desegregation
The U S Justice Department says it will sue the Charleston County Consolidated School Board by next week to force full desegregation. A 14 month 1979 1980 investigation found racial segregation in most county schools, violating civil rights laws.
MENTIONED IN THIS ARTICLE
Charleston
U.S. Justice Department
Charleston County Consolidated School Board
John Wilson
Justice Department
South Carolina
Department
Charleston County
Thurmond
Senate Judiciary Committee
Thomas R. Duffy
Diocese of
Duffy
Phyllis Gault
Office of Civil Rights
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