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Recent developments established that binary information could be stored and read out in a magnetic medium statically by electrical pulses only. A number of these magnetic cores are connected together to form a static magnetic delay line in which a series of binary digits can be stored and read out. The operation of this form of delay line is briefly described and carefully analyzed. The optimum operating conditions are derived. The effect of eddy current loss and leakage inductance is considered. The criteria of stability of the system are discussed.