Word: siragusa
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Dates: during 1948-1948
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Some of the major producers, among them R.C.A. and Philco, were still holding out, but few radiomen thought that they would for long. The price-cutting fever had also infected the television business.* The big news came from Admiral Corp.'s hard-hitting President Ross D. Siragusa, who parlayed a backroom radio shop into the fourth biggest radio business in the country. Last week, he came out with a table television receiver (seven-inch screen), retailing at $169.95, the cheapest ever to go on sale...