Word: furth
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...about them. Jack Dreyfus, head of the $109 million Dreyfus Fund, recently satirized the glamour business: "Take a nice little company that's been making shoe laces for 40 years and sells at a respectable six times earnings ratio. Change the name from Shoelaces, Inc. to Electronics & Silicon Furth-burners. In today's market, the words 'electronics' and 'silicon' are worth 15 times earnings. However, the real play in this stock comes from the word 'furth-burners,' which no one under stands. A word that no one understands entitles you to double...
Therefore, we have six times earnings for the shoelace business and 15 times earnings for electronic and silicon, or a total of 21 times earnings. Multiply this by two for furth-burners, and we now have a score of 42 times earnings for the new company." Concluded Dreyfus dryly: "In today's market, studying securities can be fatal. While you're studying them, they're apt to double, and by the time you find you wouldn't have bought them in the first place they will probably have tripled...
...deep-frozen device that acts as an oscillator and promises to grow into a Versitron-like amplifier. Magnetic Explosion. The magnetic fields that exist around horseshoe magnets are gentle, harmless things, but when a magnetic field gets really intense, it acts like a high explosive. Physicists H. P. Furth of the University of California, M. A. Levine of the Air Force Cambridge Research Center, and R. W. Waniek of Harvard showed a ring of hard beryllium copper that had been expanded plastically by a magnetic field, even though it was surrounded by steel many inches thick...
...unheard-of level of 1,600,000 gauss.* Pressure rose above 1,000,000 lbs. per sq. in., and the metal churned and writhed as the magnetism clawed into it. Such pressure and violent motion may have some bearing on nuclear fusion, and this may be why Furth is now working at the famous hydrogen-bomb laboratory at Livermore, Calif...
...single magnetic explosion, which makes a bang like a big gun, destroys costly apparatus, so Furth, Levine and Waniek are trying to design a super-magnet that will not destroy itself. The basic idea is to oppose one magnetic force by another magnetic force instead of by the passive strength of metal. Theoretically this can be done by elaborately wound coils, or by copper sheets intersecting in intricate ways. The theory looks so good that the three scientists are promising to deliver many million gauss of magnetic field, and to churn matter in ways that it has never been churned...