Word: faster
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Dates: during 1960-1960
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Most economists agree that mergers offer no sure solution to the troubles or shortcomings of a company. Nor do they guarantee growth and a big rise in earnings. But they can often help a bright and growing firm to grow even faster. In comparing 50 acquisitive firms with 50 nonacquisi-tive firms, Booz, Allen found that merger-minded firms increased sales 70% v. 40% for the nonacquisitive firms. But their earnings did not keep pace with their increased assets, as did the earnings of nonmerging firms...
Nothing sends a stock up faster than the news that a company has a glamorous new electronic device-especially if the news is exaggerated. Example: two little-known, money-losing companies. TelAutograph and Comptometer Corp., last week set off a speculative binge that resulted in some of the wildest trading the New York Stock Exchange has seen since 1929. In eight trading days TelAutograph zipped from 9½to a high of 24½, and Comptometer soared from...
...video and mirrors, the optical scanner moves rapidly across letters, numbers and handwriting, breaks them down into "machine language," or electrical impulses, and passes them along for an analysis to an electronic computer (see diagram). The scanner can do the work of from 25 to 100 people better and faster than they could, rarely makes errors, and does not need time out for coffee breaks...
...read and process insurance premium notices, gas station bills, travelers checks, dividend checks. The National Biscuit Co. has cut the time for tallying inventory from a month to three days with a scanner, and a scanner-sorter being tested for the Post Office Department can process letters five times faster than by hand...
...beat in the 400 and 1,500 meters. The greatest swimmer in history, Konrads drives himself six miles a day in training, gulps as many as 18 vitamin pills before a race, treats distance events as sprints and holds seven world records. But Konrads may have to swim faster than ever before to beat Teammate Murray Rose, 21, winner of both the 400 and 1,500 meters at Melbourne's 1956 Olympics, and Japan's stocky Tsuyoshi Yamanalca, 21, who has smoothed out his rough arm stroke. In the 200-meter butterfly, Indiana's bull-shouldered Mike...