Word: wave
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Dates: during 1950-1959
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...Street. Geneen simply walked into Adams' office and announced: "I'm resigning." Company insiders say Geneen wanted Adams' spot as chief executive, realized that Adams was not about to yield. Geneen's resignation sent Raytheon's stock down 6½ points, touching off a wave of selling of other electronic issues. Reason: in his three years with Raytheon, Geneen, who came from a top post at Jones & Laughlin Steel Corp.. helped reorganize Raytheon so effectively (TIME, June 23) that earnings rose to $3.08 per share last year from 45? per share...
...theory that led to the experiment goes back to 1953, when British Cosmologist Thomas Gold suggested that the initial pulse from the sun might be a shock wave analogous to the shock wave produced in air by a plane breaking through the sound barrier. Professor Gold knew that gas in interplanetary space is too thin to carry ordinary shock waves, which propagate by gas molecules bumping against each other. But solar shock waves, he argued, are different. They are caused by solar magnetic fields expanding suddenly into space and pushing ionized gas ahead of them. "It is a bit like...
...billion-watt electrical spark from a bank of condensers is discharged across the end of the tube, the magnetic field that surrounds it should expand-so said Gold's theory-into the tube, pushing the gas ahead of it in a small, tame version of a solar shock wave...
This is just what happened. Photocells along the tube reported that a thin, luminous wave raced along it at 45-50 cm. per microsecond (about 1,000,000 m.p.h...
...with only a twelve-year known reserve, will run dry of oil. Oilady Knowles disagrees: "Ever since Edwin Drake's discovery 100 years ago, there have been fears of a shortage. Each time the cry of alarm was raised, the explorers' reply was a new wave of discoveries...