Word: dips
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...Ethan Allen patrols the North Atlantic, this automatic navigation system constantly feeds position readings into the guidance system of all 16 missiles. At every dip and turn of the sub, its missile brains know the ship's location, local vertical, true North, target location and trajectory to be flown. In this underseas base, the countdown is always...
...deferring to Detroit only on major policy matters. He describes himself as "a road-map man," has charted a route to bring Philco to better things within the next five years. Though the figures are buried within Ford's annual report, Philco probably underwent a slight sales dip last year to about $375 million, made no profit. Wealthy Ford is obviously more interested in Philco's long-range prospects-and those are good. In reviving Philco, Ford has won a larger role in the space race than has its arch competitor, General Motors...
...with the split-second timing of a trapeze act. Girls make ribbons of cloth hiss, curl and swirl through the air like rainbow-colored py thons. The evening's most exquisite miming re-creates a boat trip upriver. Using only two paddles as props, the players sway and dip with uncannily precise imprecision, lyrically evoking a sampan bobbing on the water...
...moved back into the stock market (though badly singed small investors continued to spend their money elsewhere), and the market recouped 55% of its $96 billion paper loss. The mood in business changed profoundly: instead of looking for a sharp recession in 1963. most economists foresaw only a slight dip in the first half, and some predicted an unbroken rise...
Taxing the Forecasters. Those who anticipate a dip in 1963 believe that auto sales can scarcely hold their current pace, argue that there is so much unused industrial capacity around that U.S. business is unlikely to step up significantly its spending on new plant and equipment. Optimists argue in rebuttal that inventories are lean and Government defense spending will rise by about $3 billion next year, that some builders look forward to building at least as many houses (1,400,000) in 1963 as in 1962, and that steelmakers expect their production to rise from this year's 98 million...