Word: rand
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...stag dinner, which is always held on MacArthur's birthday, is virtually his only public appearance. So successfully has the old soldier faded away that he never gives an interview, seldom leaves his Waldorf Towers hermitage, even to preside as board chairman at executive meetings of Sperry Rand Corp...
...Engelhard-Oppenheimer investment giant, which will be called Rand Selection Corp., Ltd., is a holding company made up of a combine of six older holding companies, including three controlled by Oppenheimer and one, Rand American Investments, Ltd., owned by Engelhard. Rand Selection's portfolio will be 44% gold mines, some copper and coal mines, and industrial firms...
...machines become truly intelligent? Mathematician John D. Williams of the Rand Corp. told a Tempe, Ariz. meeting of the National Council of Teachers of Mathematics that they can and probably will become more intelligent than...
Charles J. Hitch, 51, Assistant Secretary of Defense (comptroller). Bow-tied Scholar Hitch has been chief of economics research at California's highbrow Rand Corp. since 1948, two months ago was named director of the corporation's overall research program. He has published three brain-cracking books (the latest: last year's The Economics of Defense in the Nuclear Age). At Rand, Hitch has been in charge of thinking out the economic implications of cold war military problems and weapons systems-an assignment so close to his new job as Defense's financial watchdog that...
...last fall after the company created the impression in a press release that it had a franchise on a machine able to transmit writing over telephone wires. The SEC set the record straight (TelAutograph had the machine, but not the only one of its kind). Three weeks ago Sperry Rand Corp. privately showed a group of stock analysts a new product for a computer, although the official announcement was one week off. The company also sent out hold-for-release stories to the press. Within two days, predictably, Sperry stock shot up 4 3/8 points. The New York Stock Exchange...