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Published online by Cambridge University Press: 12 April 2016
GRO J1744–28 is the first known X-ray source to display both bursts and periodic pulsations. This source may thus provide crucial clues that will lead to an understanding of the differences in the nature of the X-ray variability among accreting neutron stars. We deduce that the magnetic field of the neutron star is relatively weak (~ 8 × 1010 G) but, nevertheless, sufficiently strong to funnel the accretion flow onto the magnetic polar caps and suppress the thermonuclear flashes that would otherwise give rise to type I X-ray bursts. We also present a series of interrelated arguments which demonstrate that the observed bursts are of type II and probably result from an instability associated with the interaction of the neutron-star magnetic field with the inner edge of the accretion disk. From these results, we infer that X-ray pulsars, GRO J1744–28, the Rapid Burster, and the type I X-ray bursters may form a sequence of possible behaviors among accreting neutron stars, with the strength of the magnetic field serving as the crucial parameter that determines the mode of X-ray variability. The companion star in the GRO J1744–28 binary system is probably a very low-mass (~ 0.2 M⊙) giant that is in the final stages of losing its hydrogen-rich envelope. We have carried out binary evolution calculations which show that (1) if the mass of the giant was ~ 1 M⊙ when mass transfer onto the neutron star commenced, then the orbital period and the core mass of the giant have increased from ~ 1 to ~ 11.8 days and from ~ 0.15 to ~ 0.21 M⊙, respectively, during the mass-transfer epoch, which has lasted for ~ 8 × 108 yr, (2) the present long-term average X-ray luminosity is ~ 4 × 1036 ergs s−1, which is at least two orders of magnitude lower than the luminosity at the peak of the transient outburst, and (3) the predicted long-term equilibrium rotation rate of the neutron star is remarkably close to the observed pulse rate. The transient nature of GRO J1744–28 may well be related to the final stages of dissipation of the envelope of the giant companion.