Word: avco
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...complete without a videotape player and recorder, along with a library of cassettes. Some companies have been putting movie classics on cassettes, as well as cooking lessons, travelogues and courses for salesmen and doctors. Many of the biggest companies in consumer electronics-RCA, CBS, Sony, Telefunken, Decca, Ampex, Avco -have poured fortunes into developing cassettes or special player attachments for home television sets that, any day now, would revolutionize...
...companies on this map are involved in military contracting--for this war, and for future wars. AVCO, for example, develops the laser technology which is already being used for laser-guided bombs. It's also working on future military uses of lasers, which include a laser "zap gun" for burning or blinding the enemy; guidance systems for missiles; range-finders for tanks; and techniques for defusing incoming ICBM's. The Defense Marketing Survey--the authoritative source on weapons manufacturers--calls it the "space age miracle beam of light," and its space-age potential is being developed right in Everett...
...Avco...
...Seattle, and plans to move into a $40-a-month apartment in his native state of Wyoming where he hopes to teach. Electronics firms have laid off 5% of their personnel in Massachusetts. William Kukers, 52, lost his $20,000-a-year job as a project manager with Avco Corp., now supports his wife and 16-year-old son on $68 a week in unemployment compensation and a dwindling savings account. Automobile manufacturers have slashed their payrolls by 18,500, and Detroit's advertising agencies have laid off more than 200 employees, many of whom are dipping into their...
...backer of Arthur, the slipped discotheque. Twice married, once divorced, once separated, he was the most eligible married male in Manhattan. His upper West Side triplex was decorated by Billy Baldwin. His Rolls waited obediently at the curb while he visited his fellow greats. His corporation was acquired by AVCO Embassy Pictures Corp. for $4,500,000. And yet, and yet, at that palmy time ?was it only the day before yesterday? ?there was a reason offered for Mike's acidulous tongue and his lofty penthouse picture of society. It was the standard one, heavily merchandised by paperback...