Word: motorola
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Dates: during 1960-1969
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...youthful chairman of Motorola, Inc. acknowledges stem-winding introductions with a stock joke: "The most important reason for my rapid rise is that my dad owned the joint." At Motorola, the success of Robert W. Galvin is no joke. When he took over from his father Paul, the company's crusty, autocratic founder, Motorola had long been largely a one-man, one-product corporation. Galvin might have rested on his father's laurels, but he elected to be his own man. In the five years since his father's death, Bob, now 41, has made Motorola...
Space & Speedometers. Motorola was founded in 1928 in a one-room Chicago loft, made mostly car radios until World War II, when it developed the walkie-talkies that became almost as universal as the Jeep. It still outsells all competitors in two-way radios for police cars, fire trucks, taxicabs and other vehicles, is also developing sophisticated models for space that will carry voices across 250,000 miles...
Significant Decisions. Motorola has managed its mix of products by internal growth rather than by acquisition, financing expansion largely from corporate funds; last year it spent a lavish $48 million on research and capital in vestment. The company also makes a practice of promoting from within...
...more, even though just two years ago the daily average was a paltry 3.8 million. What especially pleases the bulls is the high quality of the most popular stocks. Leading the upswing are such solid blue chips as General Motors, Jersey Standard, Singer, International Harvester, Pittsburgh Plate Glass, Motorola-a sure sign that the buying is still dominated by the professional investors and the wealthy, who usually do not bite at untried glamour stocks or frighten easily at a slight downturn...
...silicon or germanium; the microcircuit reduces an entire electronic circuit composed of dozens of transistors and other components to a tiny latticework of thin metal conductors mounted on a base of such material as glass or silicon. At Texas Instruments, which shares leadership in the microcircuitry field with Motorola and Fairchild Camera, engineers have developed a piece of silicon the size of a split pea into which they have fused the equivalent of 38 transistors, five capacitors and 26 resistors-a complete circuit one-thousandth the size of a similar vacuum-tube circuit and one-hundredth that of a transistorized...