Word: techs
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Dates: during 1980-1989
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Ronald Reagan made the first use of a high-tech propaganda weapon: international television. As cameras hummed in the East Room of the White House, projecting his image not only across the country but also by satellite to Europe, he announced on Wednesday morning that the U.S. is now prepared to negotiate an "interim solution" to the problem of medium-range nuclear-tipped missiles in Europe. If the Soviets would dismantle a significant number of their 351 modern, triple-warhead SS-20s, Washington would reduce the number of American missiles, capable of hitting the U.S.S.R., that it is scheduled...
...that investors are feeling decidedly bullish about high-tech stocks, Merrill Lynch, characteristically, is thundering to the head of the stampede. Last week the firm announced it had collected $835 million from investors for shares in its new twin mutual funds called Sci/Tech. Sci/Tech Holdings, Inc., for U.S. and Canadian investors, raised $550 million, while Sci/Tech, S.A., for overseas investors, attracted $285 million. The offering turned out to be the largest mutual fund start-up ever, leagues ahead of the second largest, Manhattan Fund, launched in 1966 with $247 million. The Sci/Tech funds, which will have nearly identical portfolios, will...
When President Reagan last week urged U.S. scientists to develop new high-tech defensive weaponry, this scenario was the sort of thing that he had in mind. It is called directed-energy weaponry and has two main forms: high-energy lasers (HEL) and charged-particle beams (CPB). In the current fiscal year, the Pentagon is spending $1 billion to test the feasibility of these weapons schemes. By all indications, the Soviets are spending even more, perhaps three to five times as much...
...funds for military personnel are cut, who will operate the high-tech weapons systems? The legislators who drew up the defense budget fail to recognize that the military's most valuable asset is its people, not its weapons...
...student body that is of Asian parentage. Says Principal Norman Silber: "Our Asian kids have terrific motivation. They feel it is a disgrace to themselves and their families if they don't succeed." The results bear him out: between 40% and 50% of pupils in Lane Tech's advanced-placement math classes are of Asian background, and two of the school's four National Merit Scholarship winners so far are Asian. Says Silber: "The parents are on the school's side...