Word: sarnoffs
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Stanley J. Sarnoff, associate professor of Physiology at the School of Public Health, with the assistance of his wife, Charlotte, and design engineer David M. Potter, experimented with 30 different models of automatic syringes before coming up with a satisfactory model...
...microwave relay: CBS concentrated on a brief outdoor scene; Du Mont showed some ultra high frequency color slides: NBC finished up with its own outdoor pickup. Hovering tensely over FCC during the programs was a Hues Who of experts, executives, engineers and designers. Among them: RCA Board Chairman David Sarnoff. who kept his eyes fixed on CBS's new color tube ("No comment"), and CBS President Frank Stanton, who watched his own set from 15 feet away with a pair of high-powered binoculars...
...Chairman David Sarnoff and President Frank Folsom lost more than a million dollars in paper profits because of a drop in RCA stock. Under a stock option, exercised last February when RCA stock sold at 29, Sarnoff bought 100,000 shares and Folsom bought 50,000 at 17¾ as a long-term investment, with money borrowed from the banks. But during the six months they had to hold the stock under SEC regulations, the market price tumbled. Pressed by the banks, they were forced to sell 105,000 shares in all, for a profit of roughly $290,000, taxable...
...fraternizing with the enemy. In Manhattan, Cinemogul Nicholas Schenck sat down with RCA's President David Sarnoff to discuss ways & means for M-G-M movie stars to appear on NBC television shows...
...same feeling. When they get a raise, taxes take so much that they have little of it left in real income. To find other ways to reward them, U.S. industry is evolving a system of weird and complex devices known as "gimmicks." Says RCA's Chairman David Sarnoff: "You can't compete for executive talent today without a gimmick...