Word: demott
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Said Jones: "Customers will adapt. They historically have.'' - By John S. DeMott. Reported by Thomas McCarroll/New York and Conan Putnam/Chicago
This week's cover story, on the impending breakup of AT&T and the telecommunications revolution that is both a part and a result of this event, was written by Associate Editor John S. DeMott and reported largely by New York-based Correspondent Bruce van Voorst. A nine-year veteran of TIME who specializes in business and economics stories, DeMott was particularly pleased with the assignment because it permitted him to deal with a lifelong passion. "I've been fascinated by communications ever since I was a kid with two tin cans and a taut string between them...
...stimulate our imaginations. It will briefly raise the cost of telephone service, but in the end we'll all profit from a revamping of the system." With any luck, as a result of deregulation, the world's best telephone system could become even better. -By John S. DeMott. Reported by Bruce van Voorst/New York, with other bureaus
...costs. Says he: "Some very, very brutal things have happened to this industry. I have the job of trying to steer through some stormy waters." But if Continental is successful in breaking its union contracts through bankruptcy, several other airlines may go down that same runway. -By John S. DeMott. Reported by Jerry Hannifin/Washington and Lianne Hart/ Houston with other bureaus
...Republican side, though he maintains close contact with the Kennedy clan. Says Dawkins: "I am very serious about doing something with my life. I'm very interested in public policy. But I'm also interested in business. One thing at a time." -By John S. DeMott...