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During the high-flying days of the scientific glamour stocks, few soared farther or faster than Itek Corp., a secretive Massachusetts maker of aerial photo gear. Its shares came out at $2 in 1957, shot up to $255 in 15 months, then split 5 for 1. The company attempted to pyramid itself with acquisitions, as Litton Industries has successfully done (TIME cover, Oct. 4). But it turned into what General Dynamics once was-a gangling collection of independent divisions sadly lacking central control. Itek lost $2,500,000 in 1961, and its stock began to drop, scraped...

Author: /time Magazine | Title: Technology: Itek Refocused | 11/8/1963 | See Source »

Power Struggle. Though primarily a defense contractor, Itek is not bothered by talk of disarmament. Two-thirds of its sales come from aerial reconnaissance cameras and systems that are useful in gathering military intelligence and would be valuable for policing disarmament. A fortnight ago, during the Operation Shoal underground nuclear blast in Nevada, an Itek nine-lens aerial camera went through its first test to see if it could detect the explosion by noting distortions on the ground below. Early results of the test, says Lindsay, are promising...

Author: /time Magazine | Title: Technology: Itek Refocused | 11/8/1963 | See Source »

Burning Anxiety. Such legitimate attacks on Hochhuth's portrayal of the Pope sidestep the key question raised by his play: Why did Pius XII, who condemned the aerial bombing of civilian centers and the postwar aggressions of Communism, not explicitly attack the liquidation of Europe's Jews? The issue has intrigued many modern historians, since Pius clearly detested Hitler's totalitarianism as much as he loved the German people. He helped draft Pius XI's encyclical Mit Brennender Sorge (With Burning Sorrow), which condemned Nazi racism in 1937. When the Germans organized a roundup of Roman...

Author: /time Magazine | Title: The Papacy: Pius XII & The Jews | 11/1/1963 | See Source »

...tough, and for a while it looked like it might turn into the real thing. The U.S. commander, 1st Lieut. Raymond Fields, ordered his men not to get out of their trucks, even to relieve their bladders and bowels; they performed those functions right where they were. A U.S. aerial reconnaissance flight circled overhead, and a Russian jet buzzed about it. As the blockade slipped into a second night, the Russians brought up light and heavy antiaircraft weapons. At length the men started to get out and move about in groups of two and three, never far from their vehicles...

Author: /time Magazine | Title: Foreign Relations: Unthawing the Thaw | 10/18/1963 | See Source »

...watched his Sooners take the field against Southern California's mighty Trojans, winners of twelve straight games, the nation's No. 1-ranked college team. "Us?" sniffed Wilkinson. "Oh, we're far too slow and inexperienced to have much of a chance against their superior speed, aerial play and experience...

Author: /time Magazine | Title: College Football: Wails of a Winner | 10/11/1963 | See Source »

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