Word: rand
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...such place is Minneapolis. Engineering Research Associates, a pioneering computer company, was founded there in 1946. After the firm was absorbed by Sperry Rand, William Norris, one of its founders, left to start Control Data Corp. in 1957, which he financed by selling 615,000 shares of stock for $1 apiece. Today a share of the original stock is worth $324. Another alumnus of Engineering Research was Seymour Cray, who built the world's fastest computers at his company, Cray Research. Both firms thrived in the Minneapolis area, and many other high-technology companies have sprung up near...
...renowned for technological innovation and did not even introduce the business computer. That honor belongs to Remington Rand, which unveiled UNIVAC in 1951. But IBM quickly produced its own machine and marketed it with a huge, tireless sales and service force. This was the personal army of Thomas Watson Sr., a sales genius who started his career peddling organs and sewing machines and wound up heading IBM from 1914 until his death in 1956. Watson ordered his troops to wear white shirts and post the famous THINK signs in their offices. They worked hard to discover what products businesses wanted...
These findings are only a few of the surprising conclusions in Places Rated Almanac (Rand McNally; $11.95 paperback), by Richard Boyer and David Savageau. The authors, who live in small Massachusetts communities not mentioned in their book, spent four years on research. The result: a 386-page study that rates 277 U.S. metropolitan areas on the basis of such factors as climate, housing, crime, transportation, education, recreation, the arts, taxes and jobs. Boyer, a former editor, and Savageau, an executive headhunter, rank each area only on statistics. Such nonmeasurable considerations as a city's charm or the quality...
...Dozier was abducted. One theory is that the Red Brigades, having failed to throw Italy into chaos with the assassination of Moro and other prominent Italians, were desperate to regain their credibility. "The society did not collapse," says Bertram Brown, a terrorism consultant for California's Rand Corp. "Thus they had to leap the firebreak to internationalism by kidnaping an American." Adds Franco Ferracuti, a Rome University professor of criminology: "The Red Brigades want to embarrass the U.S., to undermine NATO and, not incidentally, to reestablish themselves as a force to be reckoned with...
...meeting with Hernu, U.S. Defense Secretary Caspar Weinberger praised France for taking steps that "will enhance the security of our common alliance." Says Richard Perle, Assistant Secretary of Defense for International Security Policy: "From the military point of view, we might wish we had a few more Mitter rand governments." The Soviets certainly do not agree. Pravda has expressed "bewilderment" at Mitterrand's support for U.S. defense policies...