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Word: compustat (lookup in dictionary) (lookup stats)
Dates: during 1960-1969
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Usage:

Computers now analyze the sales potential of new products, schedule complex production runs, and solve design problems. Before making investment decisions, many bankers and brokers consult Standard & Poor's Compustat system, whose computer has standardized and "memorized" 30 financial details about 625 corporations, including sales, cash flow and price/earnings ratio of stocks. A New Jersey builder recently relied on a computer to choose the house plans, prices and financing arrangements for a large suburban project. Even Kentucky horse breeders depend on a computer, primed with race results and the physical characteristics of 200,000 thoroughbreds, to serve...

Author: /time Magazine | Title: Technology: There's Even One That Says: Oh, That Tickles | 11/6/1964 | See Source »

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