Word: fallen
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Dates: during 1980-1989
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...speeches made, but despite the rhetoric, Olson inherits a troubled company. To be sure, AT&T is earning record profits in its traditional business: providing long-distance phone service. The company has an 80% share of the $41 billion market. But profits from rentals of residential phone equipment have fallen from $200 million in 1984 to $150 million last year. Moreover, the communications conglomerate is losing an estimated $950 million a year in its computer- and telephone- equipmen t divisions. AT&T launched its computer group with great expectations after the breakup of the old telephone monopoly two years...
...encrusted with gold leaf, on which the Siamese King rode his elephant into battle. When the fighting became fierce, explains a helpful sign, the King would leap onto poor Dumbo's neck, the better to spear the enemy. If Hannibal had been so athletic, Carthage might never have fallen. The Singapore exhibit has a replica of a local market, right down to herbs, teas and garish magazines, and the Italian has replicas of Marconi's original radio sets...
Selchow's value has fallen because Trivial Pursuit proved to be a fad. The manufacturer's annual sales of the game plunged from $400 million two years ago to roughly $50 million now, estimates Paul Valentine, a toy-industry analyst. In contrast, Coleco's Cabbage Patch annual sales rose 11% last year, to $600 million...
...transforming American taste, music and sexual mores. "Because of their numbers and their approach to life, Baby Boomers are setting standards for the rest of us," says Jane Fitzgibbon, director of research development for the Ogilvy & Mather ad agency. But in other areas, a lot of shadows have fallen between the dream and the reality...
...rate of 903,000, the highest level on record. In many areas, including California's San Fernando Valley and the suburbs of Boston and Chicago, houses that come on the market are sold within days or even hours. The cause of all the commotion is clear: mortgage rates have fallen to an eight-year low. Interest on fixed- rate loans is as little...