Word: cannon
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...Using a computer to write letters," says Ronald Coleman, a Mount Vernon, Ohio, maker of glass sculpture, "is like using a cannon to hunt rabbits." That may be so, but an awful lot of Americans are still taking that high- caliber approach to communication. An estimated 7.1 million personal computers were sold in the U.S. last year, almost every one capable of diverse tasks that range from preparing income-tax returns to managing the inventory of a small-to-medium-size business. Yet word-processing tasks, including the laborious business of writing and editing letters, lists and other manuscripts, account...
Only a year ago Cannon Group provoked sneers -- and envy -- in Hollywood with such low-brow but high-profit films as Death Wish 3 and Breakin'. Now the studio is a fallen star. Cannon is slashing its production schedule this year by more than 65%. The studio last month narrowly avoided filing for bankruptcy because of its debt load, which reached $200 million at the end of 1985. Warner Communications at least temporarily rescued the studio by investing $75 million in exchange for a 23% stake in Cannon stock and $25 million worth of company bonds...
...Cannon has been suffering from a sudden dearth of box-office hits, but that may not be its most serious problem. Critics charge that its past success may have resulted partly from questionable accounting practices, and the Securities and Exchange Commission is currently looking over Cannon's books...
Even so, Khomeini has gone to considerable lengths to avoid giving the impression that he has withdrawn his support of Montazeri as his handpicked successor. He has, for example, permitted Montazeri to characterize Hashemi as a sort of loose cannon, an Iranian-style Oliver North who frequently acted on his own. Montazeri has denied any complicity in Hashemi's illegal activities and has pressed for a full investigation at "whatever cost." In his televised confession, Hashemi admitted that he had "abused the confidence" of Montazeri...
...terms." The movie boasts a $5 million budget and a cast that includes Ryan O'Neal as Madden, Isabella (Blue ; Velvet) Rossellini as his smoldering old flame and Newcomer Debra Sandlund as his estranged spouse. It is part of a two-picture deal Mailer has with Cannon films; the other part, already completed, was to write a screenplay for Jean- Luc Godard's King Lear...