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...annual shareholders meeting of N.V. Philips, the Dutch electronics conglomerate, President Cor van der Klugt, 65, wowed the crowd with visions of increased profits for the upcoming year. That was seven weeks ago. Less than three weeks later, the company had to admit that operating profits for the first quarter had nose-dived: an anemic $3.3 million on revenues of $7.1 billion, vs. $123.9 million for the same period last year. Management was stunned and shareholders panicked. They raced to dump their stock, driving Philips shares down 17% in two days...

Author: /time Magazine | Title: Great Expectations | 5/28/1990 | See Source »

...Tickets, based on NCAA policy, will be on sale at the gate for $5 for adults and $2 for fans under age 12...Seniors Chris Bentley and Dave Kramer will be reunited with their Cold Spring Harbor High School teammate, Notre Dame attacker Rob Lynn. Harvard assistant Rich van der Broek '88 will be reunited with former teammate and current Notre Dame goalie Coach Mark Vita '86...It is the fourth year that the NCAA has admitted a team from the West or Midwest as the twelfth seed. In past years, Michigan State has lost the first round game twice...

Author: By Andy Fine, | Title: Laxmen Look to Limit Luck of Irish in NCAA First Round | 5/16/1990 | See Source »

...foreign policy has been embarassing to those Germans who believe that all of Germany's past, and in particular the Third Reich, must be remembered when trying to master the present. Kohl believes that absolution can be achieved simply by claiming die Gnade der spaten Geburt (literally, the grace of late birth, referring to the fact that he was only...

Author: By Albert Wenger, | Title: Kohl? Nein Danke! | 5/7/1990 | See Source »

...they had an illegitimate daughter, who disappeared. Albert and Mileva married. Revolution was in the air, and they were the first modern couple. For pillow talk they had electrodynamics and atomic kinetics. In 1905 Einstein published a trio of brilliant papers in a single issue of the journal Annalen der Physik, among them the theory of relativity with its subversive notions of elastic space- time and interchangeable matter and energy. Another elucidated the quantum theory of light; still another a proof of the existence of atoms. You could say the 20th century was born in those pages...

Author: /time Magazine | Title: Essay: Einstein In Love | 4/30/1990 | See Source »

...added, "The Physics Department is Der Spiegel Biology, because it confuses excellence with things German in the same manner as people who buy Der Spiegel from Out of Town News, although admittedly with less unction...

Author: By William H. Bachman, WITH WIRE DISPATCHES | Title: Physics-Bio Memo War Escalates | 4/10/1990 | See Source »

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