Word: hi-fi
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Mitchelson is no lectern pounder; even attorneys who have opposed him concede that he is unfailingly "pleasant and easygoing." Clients who visit him in his office are sometimes surprised to find him dressed in a bathrobe or riding britches, conducting an imaginary orchestra as a hi-fi system plays a favorite Verdi opera. He is also a Shakespeare buff who once spent an afternoon trading quotes from the Bard with Marlon Brando as the two worked out a custody settlement over Brando's child...
...experts believe, the chips will indirectly give rise to a whole new industry of "software"companies to develop and market the programs that computers need to perform their tasks. Explains Richard Melmon, director of marketing for Umtech Corp., a maker of home computers: "No one would buy a stereo hi-fi if he could not also buy records or tapes to play on it, and it's the same with computers. We soon will see the dawn of a whole new kind of publishing industry...
...technology but unlucky at marketing. The firm was founded in 1962 to make and sell transistor radios developed by Clive Sinclair; he had soaked up a knowledge of electronics while working as a writer for a British company that specialized in technical manuals. By 1967 he had diversified into hi-fi systems. A few years later, he introduced the elegant, expensive and popular line of "Executive" calculators in Europe and the U.S. But in 1975 such electronic giants as Texas Instruments and Japan's Casio captured most of the market and drove down calculator prices. Meanwhile Sinclair had introduced...
...million in revenues last year. Experts forecast sales this year of at least ten million of the new CB models, and Radio Shack is set to take home to its parent, Tandy Corp. of Fort Worth, an increasing share of the industry's profits. With its sales of hi-fi and stereo equipment also booming, the chain is expanding at a pace that puts it further and further ahead of its closest rivals. Lafayette Radio Electronics, for instance, was once bigger than Radio Shack, but is now one-eighth as large...
...sound. Alas, the $17.7 million hall was something else to hear-strident, cold, weak in bass. In succeeding years, a series of four acoustical repair jobs (total cost: $2.5 million) were made, culminating in the replacement of the entire ceiling in 1969. But to little avail. In 1973, Hi-Fi Magnate Avery Fisher donated $10 million to keep the place going. Accordingly, Lincoln Center put his name on it, which was just as well. His money was used for the most radical step of all. Starting last May, the hall was gutted and a new interior built...