Word: canton
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Dates: during 1980-1989
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Many top sellers of compatibles and clones are able to put low prices on their computers because they are produced by low-wage laborers in Asian countries, notably South Korea and Taiwan. Perhaps the most aggressive of these firms is the Canton, Mass.-based Leading Edge, which is run by Michael Shane, a wealthy entrepreneur who first made big profits by selling blue jeans and wigs. In early 1985, while other companies like Compaq were making IBM- compatibles and selling them at IBM prices, Shane began buying state-of- the- art computers from Daewoo, the South Korean electronics giant...
...clerk, wound up marrying a Spanish grandee to become the Countess of Romanones. Festooned with diamonds and emeralds, she smiled knowingly as she reminisced: "I hate to say it, but war is fun." High times? Eugene Sherman was 19 and en route to a guerrilla base 100 miles from Canton when Yale-trained Psychologist William Morgan, an OSS major, intercepted him. Sherman remembers that the two repaired to a restaurant and drank much too much at a party that ended when Morgan drew his pistol and shot out the lights. Rough times? Guy Martin, 75, who served in Ceylon, Burma...
...government of Taiwan was acutely embarrassed earlier this month when a pilot from the island's privately owned commercial airline diverted his Boeing 747 cargo jet to Canton and announced that he was defecting to mainland China. To recover the plane, Taiwan's government reluctantly authorized representatives of China Airlines to negotiate directly with the mainland's Civil Aviation Administration of China. Last week, after four days of talks in Hong Kong, the two organizations agreed on terms for the return to Taiwan of the $62 million aircraft, as well as the copilot and flight engineer, who were unwilling passengers...
...emphasize the ongoing tensions, Peking and Taipei differed sharply over what motivated the pilot, Wang Hsi-chueh, 57, to divert the plane to Canton. Wang told a press conference in Peking that he had been homesick and wanted to see his father and brothers. Officials in Taiwan, however, claimed that the defection of the $48,000-a-year pilot was the result of coercion and had been carefully planned. They pointed to the well-drilled precision with which Chinese army troops surrounded the jet when it landed at Canton and the presence of television cameras as evidence that Wang...
...finances have suffered continual ups and downs. In 1979, after the Charlotte Observer charged that money ostensibly raised for overseas work was diverted to expenses at home, the FCC held preliminary hearings on stripping Bakker's license to a TV station in Canton, Ohio, then let him sell it to Anti-Communist Crusader Billy James Hargis. Last month the Observer asserted that, during the FCC deliberations, former PTL executives had testified the Bakkers used donations to buy a sports car, a houseboat, a mink coat and other personal perks. Seething, Bakker produced documents to rebut the accusations and called them...