European Stars And Stripes (Newspaper) - October 20, 1987, Darmstadt, Hesse Tuesday october 20,1987 the stars and stripes fracture has Bowie metering quitting press dispatches Oregon City Ore Portland trait Blazev Center Sam Bowie after breaking his right leg for the second time in less an a year said sunday thai he is con during retirement. The 7-foot-\ Bowie broke his leg during warm urn before the blazers exhibition Garth saturday nigh against the be feud Cavaliers. Last night f toll the doctor that iwas not going to Jago through this again Bowie tolls the oregonian sunday from his by at Willamette Falls Hospital. I know i said last a that if i broke it again i d just Oback an rehabilitate in and try Loulay again. Now i m just not sure. I by now it s50-50 whether i la Bowie broke the same Pine Bis right Shin nov. 7, 1986, As Aba tiled for a rebound in a game with me dal Las Mavericks. Alter the Brek last season Bowie underwent surge ands Penl the rest of the season an the summer getting ready for his Hornba season. Saturday injury his fifth in seven years. Moncrief sidelined Madison wis. guard Sidney Moncrie has Del cited to have surgery on his left knee and he will be unable to play for about eight will have a Bone Spur i moved tuesday from the upper of his Kneecap. The Spur Preva Moncrief from fully extending Oring the knee. Series snarl Poss if Minneapolis if the Cri series requires a seventh Garofli the metronome on sunday nid the Minnesota Vikings Denver Fly cos nil game scheduled or Nfn Sun Day at the metronome met be re scheduled Tor lease says if Nuary we must accommodate Bjor league baseball if there is a Wylld series Vikings pm Mike Lya said. Redid accommodate Theny swapping the Tampa Bay games and it says i necessary and Why Cal we play the same Day of Lynn said the a Jef switch wit Tampa Bay was novo Blem because the Vikings play Stemic careers Homeland away but head the Denver game cannot be in to the Metropolis sports facilities commission Wuh owns the met radome would Veler the Vikings Broncos game by stayed next monday i 6_p.m, if Etc my executive director Bill Lester too sunday. Lester said be nil would like to merely move the Stan of the Vikings game of hour to 11 . Sun Day but lift said that would t provide end re Lime to convert Thefield from a Wirball to baseball. Pieniel Layfate pending re Lou Pini Elte i fat of the new York Yankees will rom newly be determined this week a Theani owner George Steirt Bren Newin Ambubu shed report in news Dav s Mew editions Slein Brenner said head Jade no final determination on the Finkele 1988 manager but hew Ouw make one later this week to be fair to Lou and the players. I Don tto Wail much longer a National television interview shown sunday night on "60 min utes Steinbrenner Laid that he sports wire thought Piniera was but he wished that couple of years minor leagues so. earlier there ports that Bill for a fifth term new Yor identified Good manage Rad Given him a toning in the could pay his Steinbrun Job. Blow mesh Ayrton punch ii can f Gan Iii Ere published re Artin would return in the Yankees. The news quoting in is reported that tors Martin for the 5sts Senna City brazilian Driver a was fined si5.000 for track judge during the Meir one grand Pru the or Smittee said monday Idem occurred sunday after prayed off the track during one Lassof the 65-Lap race the judge and other officials to push the car off the track asked them to push it Forward los tart up the stalled engine Ace regulations allow a Carlo mum the track Only if it docs so under its in Power. Senna was automatically disqualified from the Competition when is motor shut off and he could not re-10 the track by himself. Senna punched the judge while walk toward the pits. Downs soviets Ireland Ore. The United Stan men s volleyball team bounced Backcom a two game deficit to de feat in soviet National team 11-15, 6-15, i is-12,15-11 was the third in a raw Tor the Nten cans Over the soviets on the curl tour which began after the Sov pfc Defeated France for in european motor nabs title Toulo Ijac. France top seeded Tim Mayotte Wilhe United slates sur Vived a scare am Riceci Osterthun of West Germany us still captured the $202,500 Toulo Tennis open Sun Layette won 6 5-7, m. It was the first time All wee Samhat the american lost a set. Osbert Huntas unseeded an had managed to mme it to the final without having to Pla seeded s third Lonamen Victory in 1987 earned him 95,000 to boo this 1987 total to j2�59. Osterthun picked Upa Check for a French filly wii1 Toronto frae s River memories Defeated Sadi Job by a head sunday at Woodbine and came in first 3-year-qld filly Tolwin the 1761,500 rothmans Canada s richest thorough two race. River memories who of Liard Chri Mccarron out of the lad Wusi be fore the race came from tru rear of the 12-horse Field and move fourth at the top stretch before and sir Harris Lewis. Ikan Gaa triumphs Beuing favorite Juma ,of Tanzania overcame blustery ends and several Strong Challenge Sui Bay pulling away in the final stages and r Ning the Beijing Marathon. Ikan Gaa Shook off challenges m japanese fellow african and austra runners and finished in 2 hours 12 r Mes 19 seconds Well off his best2 08.10. Page 27 investors can guard against falling Market new York not with almost1500 billion in Slock values having been wiped Oil since the Market peaked inlaid August the summer s euphoria has been replaced by a wintry chill. Nol just Blue chips were sold off Las week Small stocks were also battered. The correction has been so stunning and swin thai even optimistic Wall Stroeters cannot be sure that it is not presaging something More significant that being the Case there Are several strategies thai investors can use to protect themselves in an Uncertain and dangerous Slock Market is this the Lime for such Steps eve choosing a conservative path can be risky stocks might take Oft and the in Vestor would have Tost an Opportunity. Bui most investment advisers As opposed to sales people Are counselling caution now. Small investors in particular Are at he mercy of unpredictable Market forces that Range from program trading to increasingly frantic portfolio managers who can sell Bil Lions of dollars Worth of stocks in a out of the Way May make sense at least until things arc sorted out for those investors who want to get out of the Slock Market entirely Here arc fwd income securities. The safest of these securities arc government guaranteed Treasury Bills the three month Treasury Bills Are no yielding 6.64 percent and the six month Bill is at 7.37 percent. Money Market Mutual funds Are also fairly Safe and to today tuesday s program an to Germany Shap Bremer Viaven Bio of Ana j own ii0940 1010 Cut 1100 1joo 12so iwo slum self a Tom tolf j 1bod can h4banawt1uo Kwh est a tin 1 fuck Tai d Dnn. An Irttie it to in o01 1 Loung pct attn 1950 Dill Hotl sol Mph big Oil ind a i a i Hill kit Ntim in Tom u 30� i. Ill h1 it in a gut Ilir a us in cutin n put of Ita Linh in fun Ign Hng 4 us win Punk univ m Juwil in new n u control a Mig him. Dymm Kwh of of 1 Mil Toyi mint mfg it Dot Hia i Fri in ref Jimh Bli Taviuni Tom. In Witiw Gnu nid Kunt n Arman the avulsion _ i or or l 1b04 i a Spons Lor Tau Thill to to Filev Buch Matt w t fat Don Thrif at Kerf Richir yields will be edging up soon investors might also consider longer Icren Treasury Bonds with yields from 9 percent to More than 10 percent de pending on maturities that Range front 2 to 30 years. Not everybody is ready id run for cover in Treasury Bills and Bonds How Ever and for Small investors who want toehold their Stock positions but cannot weather any More Price slides there Are alternatives. Slock options give an investor the right to buy or sell Slock at d set Price for a period ranging from one Day to nine months. The Price for such an option varies. A Call option goes up in value when the Stock does a put option rises when the Slock Falls. A conservative investor can buy puts on the stocks in his portfolio if the stocks continue to plummet the tos should in Large pan be offset by the appreciation in the puts. The process can be repealed As Long As necessary. The put Premium is lost As Are brokerage com missions but the Slock portfolio is effectively hedged and the investor gets Lokeel the Stock and its dividends. An investor can also sell Calls again this portfolio. In this Case the investor cams the premiums which Lowers the exposure on the stocks. A j30 Stock that earns a s3 Premium is effectively protected Down to127 ignoring commissions. Often More than one option a year can be sold against the same Stock thus providing More Down Side Protection. But option writing is not a pure limits but does not eliminate Down Side risk. In a real Market rout an investor who Sells the Stock at $30 outright or who buys Tome puts will probably do better than the investor who writes a series of Call options As the Stock Falls to say $5. Investors who have Large portfolios might consider hedging their positions by buying another Type of option Index options. These options Are tied to Stock indexes such As the Standard poor s 500 or the major Market Index. Again both puts and Calls Are Avail Able but in most cases an investor Wor ried about a Market decline would Sim ply buy puts on whatever Index Best mirrors uie portfolio to be stocks continue to Sag then a put option on an Index will go up in Price and it is hoped outset the losses in the portfolio. This strategy although Les exact than buying puts on individual stocks can be less expensive. Conversion rates Dundon up1 monday Stratt far the . Dollar to c Are expressed a Billars tothe Bavlish Pound and old Egneal Curren cies it the piss i Yia Sonta a a Init Pound j Owman mirfrtnehlrjnc.-. J Dukk Ugur. Inns .1 911002 .37 �sm1,300 re. I i13 60 _ w5bo11757 _ui10 Del 19l.otto 1,770 37 1 47701m40 who11567 14000 12 us 124hh-bu4d Wio 6.bzb r these Are Commerce Aries and can be related Only to the use old foreign currency by . Forces for . Sales of German Marks . Personnel for Persona use will Hal the rate of 1 .76 tuesday based on a joke Quinat midday Ana allowance for handling charges
