Word: computerization
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Like clothes and art, stocks are also subject to fads, fashions and fancies. There was a big play in uranium shares in the 1940s, in utilities in the 1950s, in airlines early in the 1960s. Last year fashion focused on computer leasing and computer-software manufacturers, supplemental air carriers, electronics...
Speeding motorists will now have to contend with another highway-patrol device, one that has proved considerably more accurate than simple speedometer pacing and more flexible in operation than radar tracking. It is known as VASCAR (Visual Average Speed Computer And Recorder) and consists of a small computer mounted in...
VASCAR is not only versatile; it is also easy to operate. When a cruising patrolman spots a car as much as a mile ahead and moving away from him fast, he waits for the suspected speeder to flash past a clearly defined landmark, such as an intersection, streetlamp, tree or...
In strictly academic terms, Harvard undergraduates have never had it so good. The Arts and Sciences catalogue shows a vast increase in the number and sophistication of courses open to them. Faculty members, who in the last decade have turned much of their energies to the University's advanced research...
Brisk Turnover. Among many cost-cutting techniques, Cantor has installed a centralized-buying operation, in which cash registers at key discount stores keep itemized sales records on tape for processing by a Manhattan computer. When stocks run low on a particular item, the computer automatically reorders it from the manufacturer...