Word: polaroiding
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...bomb tests. Their main hope for bringing Nessie into focus rests with a 10-ft. frame that has two large strobe lights at the top. These beam illumination through the peat-darkened waters of Loch Ness for two 35-mm. stereo cameras, a television camera and an SX-70 Polaroid camera...
...still a spit-and-elastic-band rig," said Rines when it was lowered into the loch, and right he was. Within three days, one strobe light had filled with water, the cylinder containing the Polaroid camera had leaked, and a flash unit...
More striking still is the contrast between the onetime peak and present P/Es of some individual stocks. Samples: Polaroid, a high of 114 v. 18 now; McDonald's, 81 v. 26; Xerox, 63 v. 16. At one point in 1968, IBM was selling at $701.50 a share, or 161 times earnings, giving its stock a market value equal to all the shares in all the oil companies in the U.S. Now, at $256 a share, IBM is priced at a modest 18 times profits...
...future policy on close cooperation with Prime Minister Vorster's apartheid regime. The U.S. is deeply involved in the South African economy. American investments amount to at least $1.6 billion, and American sales in South Africa were up to $1.1 billion in 1974. American corporations such as IBM, Polaroid and Boeing are mainstays of the South African police state, providing military and administrative devices for repression. General Electric applied last week for permission to sell nuclear arms to Vorster's government. The U.S. government has a strategic interest in retaining control over the sea routes of the South Atlantic...
Patent Attack. Land's performance skirted the questions of whether 30 years is long enough, in the U.S. competitive system, for a company to have a market all to itself and of how sound the legal basis is for Polaroid's suit. Kodak brushed off the suit. In a formal statement issued in the U.S., it denied knowingly violating any "valid" patents, and it promptly sued in Canada to have Polaroid's patents declared invalid...