Word: advest
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Dates: during 1980-1989
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Merrill Lynch fired William Dillon, 33, a financial consultant in its New London, Conn., office. Prudential Bache dismissed Brian Callahan, 28, a broker in its Anaheim, Calif., branch. Another investment firm, Advest, suspended an unnamed broker in its Hartford office...
...banks, airlines and other big customers, are the start of what promises to be an extended family of data processors. AT&T is expected to unveil a personal computer later this year and to expand gradually into large mainframe machines. Says James Anderson, vice president for research of Advest, Inc., a Connecticut-based securities firm: "AT&T is too big to be a niche player. It's obvious that they are after the whole market...
...that they can swap information easily. Included in ast week's introduction, moreover, was a system that allows the A T & T products o link up in networks with IBM personal computers and compatible machines. 'AT&T has more networking experience than anybody else on earth," says Advest's Anderson...
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