The idea to hold a conference on the Evolution of Close-Binary X-ray sources grew in the summer of 1984. At that time we were hoping that some new results would be harvested in the months to come which would stimulate further work. We were particularly looking towards the Euro- pean X-ray Observatory, EXOSAT, for new contributions. How lucky we were; quite unexpected developments took place. Just prior to the conference, quasi-periodic oscillations (now known as QPO) were discovered in three bright low-mass X-ray binaries: GX 5-1, Sco X-1, and Cyg X-2. They played an important role at the...