A punch-card data entry machine. A deck of blank cards was placed into a hopper, and, upon operator command, the machine fed one card to a punch station. As characters were typed, a series of dies ...
it was the first major advancement in data entry since the card keypunch. Mohawk's stock went from $2 to $200 in a couple of years, reminiscent of the dot-com explosion. See key-to-disk machine.