Light Revolution Herald

 

NEWSLETTER
TRINITY

HOME


FREE COPIES ONLINE:

Get to know our Newsletter:
  "Year Six in Review"
  "Trinity"
  "Century in Review"
  "This Time it IS Different"

Is this a Mania?
  "The IC Bubble"

Inflation IS
 dead, Mr. Greenspan.
  "The Right to Arm Bears"

 

 

 


May 1997
TRINITY

Inside:
Radio Corporation of America
Solid State Valve
Texas Instruments’ Bombshell
Lord of the ICs
Light Valves
Charts:
Shares of TI
Shares of IBM

The Oscillation Valve

When the great Thomas Edison fired up his first light bulb in 1879 he had no idea that he had also stumbled on to the key to radio. His biggest problem was his best clue. The carbon filaments burned out rather quickly and, much to his annoyance, the inside of the bulb would turn black. Somehow the substance of the filament was transporting itself across space to the surface of the glass. He went so far as to receive a patent for showing how a lamp could measure the flow of electrical current, but he could see no practical application for the discovery and proceeded no further upon it. Known as the "Edison effect", the overlooked movement of electrons (no one knew what they were until 1897) was considered by Popular Science to be "Edison's Magnificent Fumble."

This is reminiscent of Ben Franklin's state of mind concerning electricity after he had survived his daring experiment with a wet kite: "Chagrined a little that we have hitherto been able to produce nothing in this way of use to mankind."

Eight years after the light bulb, Heinrich Hertz proved the existence of Clerk Maxwell's electromagnetic spectrum. He had set up two wire loops (the very first aerials) and sent an electrical spark across the gap in one of them. As if by magic, a spark appeared in the other loop across the room. An electromagnetic wave had put it there at the speed of light.

Download this Newsletter, "Trinity", in its entirety as a PDF. To view PDF files you will need the Adobe Acrobat Reader, it is free and can be downloaded directly from Adobe.

 


 

The material presented in the LIGHT REVOLUTION HERALD is the expressed opinion of the financial Adviser, and is not a recommendation to purchase individual stocks mentioned. This material is for information purposes only and does not imply nor guarantee the performance of the Light Revolution Fund. Investors should consult all available information, including fund prospectus before making any fund purchase, and must exercise their own independent judgment when making any investment decision.

The investment return and principal value of mutual funds will vary with market conditions, so that shares when redeemed, may be worth more or less then their original cost. To obtain a prospectus on the Light Revolution Fund, which include information on fees and expenses, please call (888) 463-3957. Please read the prospectus carefully before you invest or send money. Distributor: Quasar Distributor Inc.