Word: ut
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...million at the time, had been run entirely in-house until 1981. Then the Longhorns decided to put 10 percent of their portfolio in the hands of external investors. "Managers have a style of how they run investments," says Michael Patrick '65, executive vice chancellor for asset management at UT. "We decided that we wanted to supplement the way we manage money with another style...
...example, if a department wanted to make a purchase order, it would simple enter into the system what ut needed, and send the data to the proper location. Currently, to make a purchase, the order must pass through several hands...
Both Stanford and the University of Texas at Austin, such with 5 million volume libraries, are suffering space woes as well. Stanford needs to build or lease more than three miles of additional shelves by 1986 to cope with its expansion, and at UT, even after adding a huge new storage building in 1977, the campus needs another spot to warehouse books...
...Palo Alto, Calif, school now enjoys a totally computerized card catalogue system known as SOCRATES, and UT hopes to phase in a similar system next year. "I think that probably within one year we'll have some small part of it available," says a UT library official. "In my mind, Harvard's is the example of how it should be done--you build up your database first and get all holdings into a sensible format like the Distributable Union Catalogue, and then you figure out how to make it accessible...
...cause of all this uproar last week was the government's decision to award approximately 75 percent of Navy and Air Force fighter engine contracts to the General Electric company (GE). The Pratt and Whitney subsidiary of United Technologies (UT) had previously been the sole supplier of the F-15 and F-16 Air Force fighter engines, and the F-14 Navy engine. Surprise, surprise--Sen. Dodd's and Rep, Kennelly's home state of Connecticut also happens to be the home of Pratt and UT, while much of the new GE business will be done in Lynn, Mass...