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...unique position of being able to tell customers what to do. Intel sets release dates for new chips, dictating the pace of the computer industry with the confident aplomb of fashion designers raising or lowering hemlines. It's the sort of ironfisted market grip that rarely exists outside economics textbooks: one superefficient firm with monopoly-like returns gliding past competitors and, not incidentally, racking up huge profits. (Ten thousand dollars invested in Intel on the morning of Bill Clinton's first Inauguration would be worth nearly $90,000 today...

Author: /time Magazine | Title: ANDREW GROVE: A SURVIVOR'S TALE | 12/29/1997 | See Source »

...competition is another part of the equation, and it's a jarring reality pretty much across the tech board. Success breeds imitators. Imitators flood the market with goods. Prices (and profits) come down. Again, take Intel. It supplies nearly 90% of the microprocessors in PCs worldwide--a more commanding grip than even Microsoft's stranglehold on PC operating systems. But to protect its position, Intel has cut semiconductor prices faster than anyone expected as rivals Cyrix and Advanced Micro Devices compete furiously to supply cheaper components for the $1,000 PCs now taking the world by storm. Intel's profit...

Author: /time Magazine | Title: ANOTHER SILICON VALLEY RECESSION? | 12/29/1997 | See Source »

...Stapler An idea you grasp right away. The last time the stapler got serious thought was in the 1930s, when objects were streamlined for the machine-age imagination. In the ergonomic '90s, when we design for the body, the Boston stapler still keeps a nice contour. It's as grip-friendly as a handshake, as squeezable as a teddy bear, and better looking than most public sculpture...

Author: /time Magazine | Title: THE BEST DESIGN OF 1997 | 12/29/1997 | See Source »

...mentality of people who think, "Let's move to this quaint, safe, small-town area and cut down its trees and farms to build our subdivisions" is appalling [NATION, Dec. 8]. Get a grip, folks! With all the new people coming in, the small town will no longer be small. What about working together in our cities and suburbs to make them wonderful and safe places in which to live? Then we won't destroy what little open space and small-town atmosphere we have left. ROBIN COYER Broadview Heights, Ohio...

Author: /time Magazine | Title: Letters: Dec. 29, 1997 | 12/29/1997 | See Source »

...critics of Perez Balladares, a beefy, combative millionaire businessman known as Toro, or Bull, say his actions are out of step with his words. Heir to the helm of the Revolutionary Democratic Party, once in the grip of Noriega, Perez Balladares has appointed Noriega's former Foreign Minister, Jorge Ritter, as his Minister for Canal Affairs and chairman of the new 11-member Panama Canal Authority, the agency that will run the facility after 2000. In addition, the President has invited a storm of criticism by naming a passel of relatives and political cronies to the Canal Authority board. They...

Author: /time Magazine | Title: THE CANAL CRONIES | 12/15/1997 | See Source »

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