Word: growths
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Dates: during 1990-1999
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...Instead, we read the second inscription as an imperative--as if Harvard is now imploring us to put the wisdom learned inside the Yard to practical effect. Put the two readings together, and you have a trap: Harvard beckons us in with the promise of learning and personal intellectual growth. We merely need to enter. But once inside, we find that there is a price to the privilege of intellectual growth: the responsibility to improve ourselves and society. We entered, or perhaps scaled, the Iv(or)y Tower for ourselves, or so we thought, but we are to leave...
...time in the mid-'90s when PC makers could count on ever more complicated applications requiring ever faster processors, causing consumers and businesses to upgrade PCs almost as often as Japan changed Prime Ministers. Sellers like Dell, Compaq, IBM, Gateway and Hewlett Packard got accustomed to 100% revenue-growth rates, while investors reaped heady returns: $1,000 invested in Dell in 1989 has grown to $640,000 today...
...will the growth of the Internet help. The narrow bandwidth of standard telephone lines serves as a democratizing bottleneck, rendering all processors, regardless of speed, equally slow. Why buy a souped-up superbox loaded with Pentium III power if the on-ramps to the information autobahn are perpetually jammed...
Michael Dell, CEO and founder of Dell, insists there is plenty of growth ahead for his company and his industry. Dell cites Europe and South America as two areas where it can expand. The real problem, he says, is the impossibly high expectations of sales growth that analysts have set for his company. "They keep raising them and raising them. And you play that out logically, and at some point they put their guesses so high that they are not really achievable." Dell's first-quarter revenue is growing 38%, a spectacular number for most companies. But Wall Street...
Dell, as well as Compaq and IBM, is still a powerful brand in an indispensable industry, but then again, Sony is a leading brand in an industry in which pricing and growth rates were once comparable to the PC business: television sets. Today Dell trades at a price/earnings ratio of 75; Sony trades...