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Newspaper
Syracuse Herald Journal
Location
Syracuse, New York, United States of America
Date
Sep 10, 1990
Page
20
The Pump costs 170 dollars and features a mini air tongue that inflates for a snug fit. A test by Zillions asks if pumped air improves performance, comparing it with lower priced basketball shoes while noting the ad’s exaggerated claims.
Testers compared Nike and Reebok shoes using three brands including The Pump. All testers chose The Pump for worst times in sprints and obstacle runs due to weight over 244 pounds per pair. Reebok confirms no jump height or speed boost claims. the Pump offers a personalized fit with air pockets that don’t pop.
Investor questions the fate of Polaris Aircraft Leasing No 1 after halted cash payments and a suspended distribution. In 1987 Polaris leased 10 Boeing 737s to Braniff, causing losses for holders. three 737s have been re leased this year with FAA curbs challenging remaining assets. Georgia Gulf Chemical also cited at $10 with $7.50 earnings, now down to $8, prompting concern.
Malcolm Berko notes Polaris repairs and pass-through costs may hit limited partners. He flags Georgia Gulf Chemical as a low-earnings bet with potential to rise from $7 to $15 or $16, though war fears dampen enthusiasm. Mutual funds and fixed income deem safer, while GGC’s P/E at 3.3 appears inviting to patient investors.
Analysts say a GM strike by the United Auto Workers is likely as contract talks near Friday’s deadline. The UAW has authorized a strike against GM and plans to use a GM settlement as a pattern for Ford and Chrysler. Local and national contracts cover about 300,000 and 450,000 workers respectively, with past actions including a 1984 one week GM walkout and a 1986 Rochester West plant strike.
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