Word: bausch
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Dates: during 1970-1979
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...skepticism has formed on the imaginations of Wall Street analysts since the days when mere mention of "uranium," "transistor" or other buzz words could send a stock's price skyward. A new term, however, is having that effect today: soft contact lenses. Within six weeks after officers of Bausch & Lomb, a 118-year-old optical manufacturer, enunciated the words in March, their stock had nearly doubled. Competitors have said that they will market a soft contact lens, too, with similarly salutary results...
...more comfortable and less likely to become scratched or to pop out unexpectedly than the hard kind. There are some 90 million near-and far-sighted Americans, but only 10 million of them wear contact lenses. Millions more have tried contacts, but given them up because of eye irritation. Bausch & Lomb is betting on the likelihood that soft contact lenses, because they are usually non-irritating, will win a large share of the $400-million-a-year ophthalmic market...