OCR Text |
Show The Enterprise Review , June 16 , 1976 Page 6b Innovative Swing Bike is a Big Wheel Hearing Slated for Track Around Town Removal A Logan, Utah firm holds the "first significant bicycle patent in 50 years" according to its president, Patrick R. Hoggan. . Swing Bike holds the patent for markets and distributes a bike whose back wheel turns horizontally like the front wheel. "It is a to and ride it turns challenge sharper than a regular bike," Hogan explained. He said it is The bike was invented by a Swing Bike employee and children. Within its first six months patented by the firm. It is of operation. Swing Bike has produced under contract by a taken close to 100,000 orders Taiwan firm, and marketed for the bike, and is receiving and distributed from Logan. only about 10,000 a month Hoggan said the firm has from its Taiwan producer, sold geographical areas to "Our only distributors who are responsHoggan said. problem is we can't produce ible for selling the bike. The enough to meet the demand" Salt Lake dealer for the bike is Guthrie Cydery. he added. particularly popular with road July 19 concerning removal of the railroad tracks The along Second West. hearing will be held at 10:00 in The Utah Public Service and the Utah Department of Transportation from will hear comments Commission the City Commission hearing property owners and the room. Denver and Rio Grand Rail Option Market News bv Ifarmi W. KvU'hain, Ph.l). Vinri. hingli fin rich & Crccr Concern about higher interest rates and renewed inflation have kept a damper on the market. For the last four months, the Dow Jones Industrial Average has been confined to a 50 It is my view that for the next several Point range, months there will be limited new money coming into the market. Therefore, for speculators accounts, the best strategy is to establish bear spreads in market rallies and to take profits on significant market drops. Best candidate for these bear spreads continue to be National Semiconductor, Texas Instruments, Coca-ColWeyerhauser, Digital Equp-men- t, Walt Disney, Haliburton, Hewlett-PakcarSears, and Schlumberger. For conservative investors, option writing is the best bet. Good covered option writing stocks include Tandy, Polaroid, Teledyne and Upjohn. Lately, there has been a lot more writing of two calls for each 100 shares owned. Example: buy 100 Polaroid at 35; sell 1 Oct. 35 at 3 58 and Oct. 40 at 1 34. This investment is profitable for Polaroid between 30 and 45. Conventional wisdom suggests that this approach is risky. However, considering that in the last year an average option lost 70 percent of its value, the risk reward ration is very favorable. 960-101- 0. a, d, two-for-o- KEEP IT MOVING! Personal Income Jumps If you want to keep your business moving, the Review can help. If youre running a business, you cant afford to be uninformed. The more familiar you are with your total business environment, the better able youll be to take advantage of its opportunities. Because the Review is a specialized publication, we can provide our readers with the most complete, accurate, and diverse reports about the Utah business scene. Growth centers, sales tips, retailing information, advertising analyses, real estate, finance, investment opportunities, industry trends, legislation, management problems (and solutions) and more. Its all in the Utah Enterprise Review each week. Utah business is on the move. Move with it. . SUBSCRIBE TODAY the schools. Education acContinued From lb counts for approximately 50 an amount $759, or 20.3 below the U.S. average of of all state and local expenditures in Utah. $3,733. The report indicates that One factor accounting for Utah's relatively low position some of the largest percentage in per capita income is the gains in personal income durlarge size of families in the ing recent years were recordstate. When personal income ed in some of the smaller is related to the number of counties of the state which households rather than the have experienced mineral number of individuals, per- development. For example, sonal income per household in between 1970 and 1975, the Utah is found to be only 6.6 gain in total personal income in Emery below the U.S. average. The amounted to 182 in Duchesne report emphasizes, however, County, 138 in Wayne that the larger family size in County, 133 Utah results in greater needs. County, 126 in Kane County This is especially true for and 125 each in Carbon and government, where the larger Uintah Counties. State wide, family size means more child- the increase in personal ren to be educated and con- income averaged 69 during sequently a greater burden for this period. Yes, please send me the Utah Enterprise Review. Enclosed is an $24.00 check to cover my one-ye- HELP WANTED ar subscription. P.O. Box 11778, Salt Lake City, Utah 84147. Name Company Name . Stockbrokers currently licensed with the state of Utah. Part or full time. Address State. ne Chatham Securities Corp. Zip 25 So. 500 East |