Word: colossuses
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...colossus of the computer industry took some giant steps last week, sending shivers through competitors that stand in its path. In a pair of sudden moves, International Business Machines (1983 revenues: $40 billion) demonstrated its determination to boost sales and broaden its product line. The Armonk, N.Y., company announced a deal to acquire, for $1.25 billion, 100% of Rolm, a leading manufacturer of telecommunications equipment based in Santa Clara, Calif. IBM already owns 23% of Rolm (fiscal 1984 revenues: $660 million), but Big Blue, as IBM is nicknamed for its corporate color, had previously said it would not seek control...
Some U.S. officials predict that Mulroney will eventually have to take a more critical stance toward the U.S., if only for domestic reasons. Canadians have a historical ambivalence toward the colossus to the south, proud of their status as one of the world's leading industrialized nations but keenly aware their neighbor is about ten times Canada's size in production and population. "Mulroney will have to give the Americans the back of his hand every so often," says a Capitol Hill expert. The Reagan Administration expects that relations will remain warm because of Mulroney...
...Making haste slowly is likely to be the policy." After months of stasis and drift, the Soviet colossus may begin to move again. ?By John Kohan. Reported by Erik Amfitheatrof/Moscow, with other bureaus
Such examples of cracks in the formidable Soviet military facade suggest that some Pentagon analysts have become mesmerized by the sheer size of the Soviet colossus. Indeed, a number of skeptics within the Western military Establishment have long believed that NATO and U.S. assessments of the Soviet machine represent "threat inflation," the deliberate overstatement of Soviet might in order to win larger budgets for weapons programs. Says Andrew Cockburn, author of The Threat: Inside the Soviet Military Machine: "It may be that the military on either side is engaged not so much in an arms race as in simply doing...
...indulgences-and this is perhaps the strongest single measure of the council's achievements. The essentials of Catholic dogma stand, of course, as does Rome's claim of universality. What has changed drastically is atmosphere and attitudes. "Before, the church looked like an immense and immovable colossus, the city set on a hill, the stable bulwark against the revolutionary change," says the English Benedictine abbot, Dom Christopher Butler. "Now it has become a people on the march-or at least a people which is packing its bags for a pilgrimage...