Word: tapes
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...begun the week with a 16-hour day, talking across time zones to vacationing sources for a previously scheduled business story. He was finishing up his report Tuesday morning when he noticed on his cable-news tape that "the stock market was clearly up to something unusual-and big." Putting aside his assigned story, he immediately started calling his Wall Street sources, including Expert Albert Wojnilower, whose predictions about falling interest rates had helped touch off the market's buying frenzy. That story was still evolving when Ungeheuer had to deal with news that Citicorp was bidding...
...some analysts that the rally would at last carry the Dow Jones average above its peak of 1051.70, which was reached in January 1973. Some heady traders were even talking about the start of a "bull market of the '80s." Said Stan Weinstein, editor of the Professional Tape Reader, a market-advisory newsletter: "This is the real thing. The market will trend higher for at least the next two months, and, at a minimum, the Dow will climb back...
This standard-size carrier bristles with surveillance devices, many of which are disguised as everyday items that can make paranoid executives feel as invulnerable as a Fort Knox guard. A cigarette pack in the case lights up to warn that a tape recorder is present. An ordinary pen illuminates when a "bug" is located near by. A supersensitive sniffer detects hidden bombs...
Essentially, panning and scanning requires a technician to isolate a portion of the wide-screen action, recopy it onto tape or film and discard whatever else around it does not fit. In the process, 20% to 60% of the original image can be lost. The pan-and-scan technician moves optically over the film, creating tracking shots the director never intended; he can also delete, by necessity or miscalculation, vital pieces of visual information...
...high-growth years of the 1950s and 1960s, the giant company in recent years failed to keep pace with developments in new products and manufacturing and steadily fell behind other electronics manufacturers, especially in the U.S. and Japan. Although it was a pioneer in developing a commercially successful tape recorder in the 1930s, AEG-Telefunken eventually lost its lead in consumer products such as color television sets and electric typewriters. It also moved slowly into the manufacture of computer components. The company was involved in early work on nuclear power plants, but these projects turned into huge money losers. Finally...