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Outsiders are invited in as Research Associates for a period of six months to two years to engage in specific research and writing for publication. There are about 30 of these people, including a staff member of the Rand Corporation, British author Barbara Ward, and Paul Seabury, professor of political science at Berkeley...
There were many apparent reasons for the rise. One was the fact that investors who sold short in December for tax purposes now had to cover. Short-interest holdings-including large blocs in Douglas, RCA, Sperry Rand, Fairchild Camera and Gulf & Western-hit a 35-year high in December. The short-interest total began dropping-it was 2,000,000 shares lower at the beginning of last week-as the short sellers began covering themselves in a rising market. Buying also were mutual funds, which had kept about $3 billion liquid and ready during an uncertain autumn and now moved...
...narrowest terms, the U.S. is not so profligate as it seems. Every U.S. citizen throws away some 41 pounds of solid waste every day: garbage, tin cans, bottles, paper. It is estimated that it costs the economy $3 billion a year to do away with all this. One Rand Corp. scientist figures that it costs more to dispose of the New York Sunday Times than it does a subscriber...
Monday, Oct. 10, started the same way, with the average in early trading off almost six points from the closing price of the previous week. Then came the comeback. Led by such glamour stocks as Sperry Rand, Polaroid, Fairchild Camera and Xerox, the market made a broad advance, and the industrials finished the day with a 10.9 point advance...
Unlike Monopoly, which gets parlor fun out of make-believe real estate transactions, Manchester cannot be bought at the nearest toy store. It is produced, under contract, for various business, government and educational institutions by Abt Associates, a 20 month-old fledgling in the Rand-type "think factory" research field. Headed by Clark Abt, 37, former advanced-systems manager at Raytheon, the Cambridge, Mass., company undertakes all sorts of computer projects, but it has made its biggest splash so far in the business of devising serious games. Its first contract was a game for the Defense Department that was aimed...