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...shares; almost immediately, a second fund came in with another 100,000. Now everyone seemed to be selling Fairchild-and Texas Instruments and Motorola into the bargain. The M. J. Meehan Co., the Street's respected Fairchild specialist, valiantly tried to buy, but could not absorb all the available shares, lost a rumored $500,000. Fairchild itself dropped 191 points by the closing; Texas Instruments was down 151, Motorola 101. Next day, although Texas Instruments rallied, Fairchild fell to 1021, a two-day loss of 231, and Motorola was down to 981, a loss...

Author: /time Magazine | Title: Wall Street: Shocked Circuits | 11/25/1966 | See Source »

Those in Washington now arguing against a buildup to the 750,000 level do not fault Saigon's reasoning. Rather they insist that the fragile South Vietnamese economy, already inflation-plagued, cannot absorb so massive an additional infusion of Americans. "It would be like putting 2,000,000 men in West Germany," says one Defense Department official. What is more, and far more disturbing, is that without calling up the reserves or increasing draft levels, the U.S. military simply does not have that many men available for Viet Nam duty. And there, for the moment, rests the debate, which...

Author: /time Magazine | Title: World: WANTED: MORE MEN IN VIET | 11/18/1966 | See Source »

...high as 250°F., the luminescent meteorite particles that litter the lunar surface give off a small amount of light as soon as they are struck by the solar protons. On the dark side, the meteorites cannot luminesce because of the-240°F. cold; instead, they absorb the energy of the protons. During the two-week lunar night, Sun estimates, one pound of meteorite particles would soak up more than enough energy to burn ten 100-watt light bulbs for one hour...

Author: /time Magazine | Title: Astronomy: Dr. Sun & the Moon | 10/28/1966 | See Source »

...company, the rebels charge, also forced dealers to absorb the cost of remedying factory-caused defects and even to pay for advertising they find valueless. Said Yonkers Dealer Raphael Cohen, chairman of the group's steering committee: "We think Dodge makes a fine product, but we want equal treatment from our manufacturer so we can compete...

Author: /time Magazine | Title: Autos: The Dodge Rebellion | 10/21/1966 | See Source »

...MacDonald has headed AID programs in Pakistan and Nigeria, and is known as an expert troubleshooter. The report's main points: > Galloping inflation, which could yet undo all the benefits of the U.S. buildup by swamping Viet Nam's economy with more money than it can absorb, has been curbed by a drastic 50% devaluation of the piaster, as well as by new economic restraints worked out jointly by U.S. and Vietnamese officials. - Saigon's creaking dockyards, once a crucial brake on the war effort, have been more than doubled to handle 380,000 tons of cargo...

Author: /time Magazine | Title: The War: Moving Forward | 9/23/1966 | See Source »

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