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...several new products as well as a new marketing strategy. In October the company launched a line of computers called PS/ValuePoint, with prices starting at $1,300 for the entry-level model. The PS/VP, which is compatible with IBM's original PC line, is the company's answer to Dell and Compaq, which both sell machines by mail order as well as through retail channels. The strategy is starting to pay off. IBM expects to ship 1.5 million PCs this quarter, 50% more units than it has ever shipped in any quarter in its history. The shipments include the company...

Author: /time Magazine | Title: How IBM Was Left Behind | 12/28/1992 | See Source »

...Anne Klein, Karan worked with her co-designer, Louis dell'Olio, to protect the legacy of the label while moving the business forward. In 1983 they launched Anne Klein II, a successful line of clothes for working women. But, ever restless, Karan was eager to assert her creative identity. Executives at Takiyho, the Japanese conglomerate that owned a majority stake in Anne Klein, urged her to start her own label, but she was uncertain. So in 1984 Takiyho fired her, simultaneously agreeing to back her new company...

Author: /time Magazine | Title: Donna Karan Inc. | 12/21/1992 | See Source »

...DELL COMPUTER'S METEORIC RISE TO THE TOP ranks of the personal-computer industry has kept rivals wondering for some time how the manufacturer has managed to sustain its miraculous climb. Then a Wall Street analyst claimed he had the answer: the PC maker's ascent had less to do with miracles than with some sleight-of-hand accounting. In a blistering report to investors, David Korus of Kidder, Peabody charged that Dell accounted improperly for foreign- currency trades and suggested that currency speculation may have been used to inflate the company's profits. The report touched off a wave...

Author: /time Magazine | Title: Upstart Vs. Wall Street | 12/7/1992 | See Source »

Meanwhile, women's campaigns began to sputter. Despite the success of feminist fund raisers, most women still occupy an economic class where a $100- a-plate luncheon counts as a new blazer or a dental visit forgone. In Kansas, Democratic challenger Gloria O'Dell raised barely $100,000 compared with incumbent Bob Dole's $2 million. California's Barbara Boxer and Pennsylvania's Lynn Yeakel found themselves too broke to counter their opponents' attack ads until late in the campaign...

Author: /time Magazine | Title: What Do Women Have to Celebrate? | 11/16/1992 | See Source »

...John McCain (R) inc. 55% CALIFORNIA Barbara Boxer (D) 47% Bruce Herschensohn (R) 43% CALIFORNIA Dianne Feinstein (D) 54% John Seymour (R) 30% ILLINOIS Carol Moseley Braun (D) 55% Richard Williamson 45% IOWA Jean Lloyd-Jones (D) 28% Charles E. Grassley (R) inc. 72% KANSAS Gloria O'Dell (D) 32% Robert Dole (R) inc. 64% MARYLAND Barbara Mikulski (D) inc. 71% Alan Keyes (R) 29% MISSOURI Geri Rothman-Serot (D) 46% Kit Bond (R) inc. 54% PENNSYLVANIA Lynn Yeakel (D) 49% Arlen Specter (R) inc. 51% SOUTH DAKOTA Charlene Haar (R) 33% Tom Daschle (D) inc. 65% WASHINGTON Patty Murray...

Author: By Joe Mathews, CRIMSON STAFF WRITER | Title: Voters Return Many to Congress | 11/4/1992 | See Source »

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