Word: lag
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Counters and Poets. The study also showed that the time lag between discovery and broad social or intellectual impact is constantly shrinking; it is now about ten to 15 years, a period similar to that for breakthroughs in technology. Insights into new patterns of behavior have become relatively rare. More common in recent years have been advances depending on such quantitative factors as survey research and large-scale tabulations, both of which require "major amounts of capital." Deutsch and his colleagues agree that "both types of scientific personalities, the quantifiers and the pattern-recognizers-the 'counters...
...hope. Says Peter Vlachos, Dreyfus Leverage Fund's manager: "The market is now anticipating that the Administration's reflationary measures will work, that full employment will be restored, and that inflation will not return to its former gallop." Investors figure that if the economy continues to lag and drag, the Administration will have to reduce taxes (see page 82). Sifted through this kind of faith, even leaden news is transformed into gold. Investors even took an optimistic view of last week's report that the industrial production index declined from 165.4 in January to 164.8 in February...
...lowdown style of music that lies somewhere between Hee Haw and New Orleans' Jazz Preservation Hall. Kate's album debut, Sister Kate, produced by Peter Asher and due for release next month, would be an accomplishment for a blues singer with years of experience. As it is, her weary lag and sag in Sweet Honesty and her joyful hymning of Home Again (by Carole King) are nothing short of astonishing in a singer just setting out on a career...
...Lag in the Middle. That proposition has become a particularly debatable topic. A report now being privately circulated by the consulting firm of Arthur D. Little shows that IBM domestic shipments of computers fell 18% last year, while those of its competitors rose 8%. On the other hand, so many companies have moved into software, data processing, time sharing and facilities management that 42% of 102 companies surveyed in this field lost money even in 1969, according to the Little study. Though figures for last year have not yet been compiled, the recession undoubtedly increased the flow...
...billion. In hardware, the greatest expansion will come at the extremes: giant computers (those priced over $1.5 million) and small computers (less than $200,000). Though the middle range will continue to be the largest market for computers, its rate of growth is likely to lag. IBM, which derives most of its hardware revenues from middle-sized computers, may see its share of the U.S. hardware market drop from today's 68% to 60% by 1975. Some analysts prophesy that, in time, perhaps as early as 1980 or perhaps not until 2000, computers will pass even...