Word: computerland
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...note that was convertible into 20% of the stock in Millard's company. Last week a California jury ordered Millard to pay up, and the verdict may cost him $525 million, or 2,100 times the original loan. Reason: Millard built a sister company of IMSAI into ComputerLand, the giant retail computer chain (1984 revenues: $1.4 billion), and 20% of ComputerLand's stock is worth a fortune...
...Computerland...
...shelves are crammed with IBM look-alikes-machines that follow IBM's specifications down to the color of the keys, although they sometimes offer improvements in power or price. The market is now crowded with some two dozen of these IBM clones. Says Michael Shabazian, president of the ComputerLand chain of retail stores: "The differences between products are getting smaller and smaller...
...School in Tacoma, Wash. He dissected nearly every radio and television set in the house and then skipped college to take a series of odd jobs on the periphery of the computer world. He repaired video-arcade games, Xerox machines and personal computers, and at one time ran the ComputerLand store in Renton, Wash. In 1979, convinced that there were fortunes to be made, he bought an Apple II Plus and began churning out video games, working as a building manager by day and programming at night...
...force. The accounting firm of Peat, Marwick, Mitchell & Co. has ordered 3,500 Macintoshes for use in its 200 offices around the country. Later this month Businessland, a computer distributor that had previously concentrated on IBM machines, will add Mac to its product line. Two other national retail chains, ComputerLand and Sears, are reported to be eyeing the new Apple...