Jack Shulman, the chairman of the American Computer Company, discussed his groundbreaking invention known as the transcapacitor. Shulman worked with major companies such as IBM and AT&T, and made notable innovations to the industry that dated back to the early 1970s. He claimed that Bell Labs scientists may have derived details for the transistor and other technologies from the 1947 Roswell crash. Furthermore, he stated that an unnamed consultant introduced him to ideas and theories derived from alien artifacts, which sparked his invention.

According to Shulman, his transcapacitor could vastly outperform current technology, with exceptional storage capabilities and speed that could impact computer memory significantly, allowing for richer data storage and processing akin to human neural activity. Shortly after the announcement of this new technology, Shulman reported that his company received a strange faxed message that garnered immediate interest from military and intelligence services. Then, his office was mysteriously broken into, but no valuable items were taken.

Air Force officers soon appeared and investigated the break-in, but according to Schulman, they seemed like they already knew what had happened. In the third hour, investigative reporter Linda Moulton Howe appeared and offered information and perspective on the story, which she was following. Howe mentioned strange inconsistencies in the timeline of the development of the transistor, including the disappearance of items in an archive that she visited. The first hour consisted of news and Open Lines.