Ever since the first Polaroid camera came out 16 years ago, Dr. Edwin Land, 54, the scholarly and reticent president of Polaroid Corp., has wanted to make it smaller and handier. Last week the Cambridge, Mass., company announced that it had found a way. It introduced a new camera that is lightweight (2½ lbs. v. 5 lbs. for other Polaroids) and not too much larger than the little 35-mm. camera that festoons tourists the world over. Any other company president might have wanted to do some personal boasting about such an achievement, but not publicity-shunning Edwin Land. He went...
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