Word: sidebands
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Dates: during 1980-1989
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...made immediate information a vital concern. On his morning drive to his office in Manhattan's midtown General ! Motors Building, Howard Stein, chairman of the $35 billion Dreyfus group of mutual funds, stays in minute-by-minute touch with price moves of 72 selected stocks on a QuoTrex sideband FM receiver. The QuoTrex system uses the Security Industry Association's computerized data base, to which all U.S. exchanges report via the Intermarket Trading System...
...against have almost unlimited funds. "They can afford to lease an entire ranch for one drop," says Marion Hambrick of the Drug Enforcement Administration in Houston. They can also buy the best equipment: advanced fiber boats that elude radar, scuba-diving gear, "voice privacy" scrambler radios and single-sideband transmitters, which are hard to intercept, and light planes that are often faster and have better radar than Customs' planes. Firearms too: gun battles between feds and smugglers have erupted all along the Mexican border...