U - THE HERALfJ. Fri., March 27. Your Money's Worth How to protect yourself fiailMige impresses Remarks portent I Strongest field vies I You can win $800 during merger mania missionary maJor cut in water hike ■ for NCAA crown in Herald’s puzzle By SYLVIA PORTER as an executive in your present job (5) Was your company acquired Pag# 3 Pegs 12 Page 13 Page 17 How to Protect Yourself in a the less likely you may be to advance \1 Merger for non-management reason?, in a new company created by a As a merger mania grips the in­ special financial advantages, merger. manufacturing facilities, distribu­ dustrial giants of the world to an ex­ Just because you are a higher- tent without precedent and with tion structure — of which you are a placed executive, you will not part? economic-social implications so necessarily be the successful sur­ (6) Is your salary high in relation profound that they still are barely vivor; far from it. to the compensation scale of the discernible, one factor that strikes And just because you are a top purchasing company? me because it has received virtually employee, a good leader and ad­ no attention is: (7) Is your salary high relative to Saturday ministrator, you will not necessarily the marketplace for your job outside PEOPLE. exercise the best judgment on behalf March 28, 1981 You’re an executive, say, of the company? of yourself In a merger. (8) Is your future duplicated in the Manchester, Conn. Kennecott, in a position precisely The giant mergers are in the black 25 Cents f.: comparable to that of an executive parent company? headlines — but at lower levels, (9) Were you publicly against the of Standard Oil of Ohio, the corpora­ thousands of similar consolidations, merger? tion which has just bought yours. takeovers, buyouts, etc., are oc­ (10) Are you in a staff position? 3 h e H r r a l > You know you are good, you have curring. If you’re among the nine our (11) Are you a “ self-m ade” Serving the Greater Manchester Area for Years been a success, you feel sure you’re of 10 executives or mid-management worker with long tenure? 100 secure. Are you really secure? Will workers in these companies, you are If you answer “yes” to the first you come out on top of what even­ NOT ready to take care of yourself if tually must be a clash between the five questions and "no” to the you’re on the target end of the remaining six, you are in a strong 2 two positions, or will you find you’re merger. on the way out? position in a corporate merger. Study this quiz, therefore. Use the Or you’re part of the management If your answers are off — on even .V i answers to safeguard yourself three or four of the points of the Bache Group, which has just against weakness if “it” happens to highlighted by each question — look agreed to accept the purchase offer you. • out! Condo crash kills 5 of Prudential Insurance, the nation’s (1) Did the new owner buy your Millions of you will face the largest insurance company. Your COCOA BEACH, Fla. (UPI) - A ‘"There’s men trapped inside,” As night fell at least 200 persons machinery at the site would ston and company for management talent, in­ prospect dramatized in this column whole management has been “in­ cluding yours? five-story condominium under con­ -said Detective Al ’Thoma. “We don’t with shovels clambered over the silence descended so rescuers could, in coming years. The warnings in­ listen for cries from under the rub-' vited to remain.’’ If you believe the (2) Are you the key executive in a struction collapsed "like a layer really know how many.” wreckage, hacking at rubble and herent in each line are of vital Surveys of local hospitals in­ hie. invitation and do stay, what are your profit center of vital interest to the significance and almost surely qake” Friday with 80 workmen in­ still-wet cement. Huge cranes lifted dicated at least 15 to 20 men were Air Force personnel set up chances to stay in management in new management? some, if not all, will startle you. side, killing at least five, injuring 'vast slabs of concrete and rescue the new setup? Are you psy­ dozens and trapping others under seriously injured, and many others workers probed under them with floodlights run off generators, but (3) Are you flexible enough to (a.) Clip and save this quiz. It alone the generators made so much noise mi chologically prepared to cope with report to a new group of executives; can protect your future. tons of debris. had minor injuries. flashlights, looking for trapped Police said at dusk five men had it was difficult to hear anything from the aftermath of this deal? (b.) function in a new organization Copyright 1981, Field Enterprises Police Capt. Winston Sarver said workmen. Air Force personnel been found dead in the rubble of the under the wreckage. Florida Power An earth survey satellite is placed in earth manned orbiting laboratories to giant solar In a merger of your company with setup; (c.) do things “their” way? Inc. at least 80 construction workers moved through the rubble with Harbour Cay condominium beside were on the site when the building and Light crews rushed to get power orbit from the Rockwell-built space shuttle energy collectors and space factories of the another, a certain number of human (4) Are your executive skills Field Newspaper Syndicate listening devices, seeking signs of heads must inevitably roll. the Atlantic Coast highway, just collapsed. ’There was no immediate lines into the area to relieve the orbiter in this concept drawing. The transferable 'Within the new struc­ life. noisy generators. future. Rockwell International Is the prime ’The more successful you may be ture? southwest of the Kennedy Space indication of what caused the 100- resusable shuttle can place a variety of The four upper stories of the a vaiiciy ui contractorconiractor to iNAbANASA for the shuttle orbiter FRANK AND ERNEST by Bob Thmes Center. yard-long condminium to fall. At intervals, the roar of payloads in orbit, form satellites and and its main engines. building, being constructed by Dynamic Construction Co, of Merritt Island, Fla., collapsed one atop the Long gets top backing other with a roar like a jet and a "whump” at 3:10 p.m., witnesses Benefits of space shuttle , said. An eferie silence followed. W E U -, MANCHESTER- Gov. William standing-by. things need to be explained," said M U C H O O O ^ * “ No crying, no weeping, no 50 O’Neill said in Manchester Friday O’Neill, who was in Manchester to O’Neill. “Until a final report is com­ hollering for help,” one said. “Just T H E that he continues to stand behind open the new Hartford Distributors pleted, I believe everyone is entitled deathly silence.” Public Safety Commissioner Donald plant in the Buckland Industrial to a fair hearing.” Mike Hocko, a concrete finishing to include space station 5 T A T 0 5 Long, despite a state police union Park, said he will wait for the <;>uo. O’Neill denied that the state foreman, was on top of the building call for Long’s dismissal. results of an investigation he refused to send troppers to the riot and “When the floor gave way, I PPermanent e rm a n e n t mmanned anned spspace ace fleet of Space Shuttles is expected to "Prom"From a cost standpoint, this fleet of Space Shuttles is expected to The state police and some ordered before taking any action. scene because it was reluctant to get hung on to the steel. I rode one of the laboratories, orbiting factories and make some 400 flights, " Anderson means that separate, custom- Tma»»j 1-17 legislators have criticized Long for Atiwea ’The Legislature is also conducting involved. forms down to the ground. ” giant solar collectors beaming noted In addition to 'Columbia, tailored satellites won’t have to be failing to send police into Meriden an investigation. “The only question was whether April Benton of Cocoa stood at the energ)' back to Earth are only a few Rockwell is building three more developed for each experiment,” during last Saturday’s violent Ku “It’s premature to ‘blame anyone they were needed,” said the gover­ edge of the site, looking for her of the benefits mankind can derive Shuttle Orbiters — the airplane-like said the Rockwell executive. “And if Klux Klan rally. State police were at this time, but definitely some nor. “Who the persons were had no boyfriend, .She was in a nearby from the Space Shuttle. spacecraft that carries the Shuttle something goes wrong, the experi­ Northeast Utilities profits drop bearing on the decision.” restaurant when she heard the “These advances and many more ment or satellite isn’t lost forever. crew and cargo to space. HARTFORD — Northeast February earnings reflected lower 28, nuclear energy supplied 46.5 per­ O’Neill said poor communications building fall. for us here on Earth will come a step With Shuttle, we can fix it on-orbit or Major features of the Space Shut­ Utilities’ (NU) earnings for the 12 electricity and gas sales resulting cent of the electricity needs of NU’s Plane hijacked seemed to be part of the problem. Helicopters and 350 men rushed in closer to reality with the first launch bring it back to Earth to be repaired tle are its huge 15-feet diameter, 60- months ending February 28, 1981 from warmer weather during the MANAGUA, Nicaragua (UPI) Cinchonero National Liberation ‘_T think the aad UuAK is the ,, from, nearby Patrick Air Force of the Space Shuttle this spring." feet long cargo bay and its capability or replaced, were $1.39 per share, Lelan F.