Word: bingers
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Small Potatoes. Johnny was born in Oklahoma City on the sixth anniversary of Pearl Harbor Day, but raised in the town of Binger (pop. 730), which he describes as lying "two miles beyond Resume Speed." Binger is also near the heart of Last Picture Show country (Johnny guffawed appreciatively at the movie's realism). The third son of Ted and Katie Bench (there is also a daughter Marilyn), Johnny prospered in the kind of aggressively athletic household that can send a young man to the big leagues or the psychiatrist's couch. His father, a onetime truckdriver...
...Honeywell Chairman James Binger announced that the firm would buy G.E.'s sagging computer division for notes and stock worth about $500 million. Honeywell got G.E. plants in the U.S. and abroad, including the profitless French subsidiary, Machines Bull. The acquisition doubled Honeywell's annual revenues (to $2 billion in 1971) and propelled it past Burroughs, Sperry Rand and NCR in worldwide computer shipments. By adding G.E.'s large and small computers to its own line of middle-sized models, Honeywell became the only firm competing with IBM in all three categories. Still, Wall Street analysts figured...
Giant Spur. A crucial test will come within the next four or five years. Binger and Keating plan to introduce Honeywell's first full post-acquisition line of advanced computers. They must be able to function well alongside the 35 other lines of Honeywell and G.E. computers already in the hands of customers. Spurred by competition from Honeywell and from small manufacturers of cut-price computer accessories, IBM has been introducing new models and lowering prices. In the face of such obstacles, Honeywell executives are not saying how long it will take to attain critical mass, but Wall Street...
...Bench's success has come as easily and naturally as a second-grader's daydreams. Back in Binger, which he says is "two miles beyond Resume Speed," he was high school class valedictorian and an all-state basketball and baseball player. Since the Binger nine had only nine players, he shuttled between third base and the pitcher's mound, compiling a 16-1 record with "a lot of no-hitters." So why did he give up pitching for the less glamorous job of catching? "Maybe," he says, "it was because I hit .675 in high school...
...bottles shattered glass doors and windows, 60 city policemen wearing gas masks formed a skirmish line to clear the entrance. About 300 demonstrators, many of them stripped to the waist and daubed in red and white grease paint, managed to get inside. They shouted demands that Chairman James H. Binger accept their nominations for directors. The Rev. William Grace, a United Presbyterian minister, damned the conduct of the meeting as "immoral, irregular and illegal." As the din continued, Binger announced that he was voting 88% of Honeywell's shares for the management slate of 14 directors. Replying to protests...