Word: high-tech
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During the record-smashing Wall Street rally that started last fall, even the long-moribund technology stocks have come back to life. Since October, according to the California Technology Stock Letter, shares in its index of 30 high-tech companies have climbed about 22%. Cashing in on that market strength, Microsoft, the second-largest independent manufacturer of computer software (1985 revenues: $163 million), announced last week that it will make an initial public offering of 2.5 million shares in March. The Bellevue, Wash., company hopes to garner $16 to $19 for each share. Microsoft may serve as a bellwether...
When Harvard's Office of Information Technology (OIT) barreled into the the student computer market with manufacturer-subsidized, cut-rate Macintoshes from Apple, Inc., local high-tech merchants were apprehensive. And the business certainly hasn't been smooth, with three outside computer stores in Harvard Square going under in the past six months...
...wait. There is a much-maligned high-tech wizard waiting in the wings: the VCR. In 1980, studio revenue from domestic ticket sales and movie videocassettes totaled $1.3 billion (videocasssettes accounted for only 15%). By 1984 the cumulative take was $2.4 billion (33% from cassettes). Last year it rose to $3 billion, and cassette sales were virtually half the total (see chart), despite the "first sale" doctrine, which prohibits studios from earning revenues after cassettes are sold to video outlets. The industry is now pushing hard for a share of rental fees. Nonetheless, in five years, Hollywood has more than...
...industry backs into the future, some of its brightest minds want it to move forward into the past. The moguls' grandchildren may be watching some genteel drama on a wall-size screen in their living room. Or they may sneak out to catch Romancing the Nile LIV in a high-tech Movierama. Neither answer seems bold enough if this "art form of the 20th century" is to be a vital force in the 21st...
BUSINESS NOTES RETAILING COUPONS FOR THE COMPUTER AGE BUNDLED TOGETHER AND STUFFED INTO WALLETS OR PURSES. NOW DISCOUNT COUPONS, WHICH ARE USED BY SOME 80% OF U.S. HOUSEHOLDS TO LIGHTEN THE LOAD OF GROCERY BILLS, ARE ENTERING THE HIGH-TECH ERA. MANY SHOPPERS IN THE NEW YORK, SEATTLE, SAN FRANCISCO AND LOS ANGELES AREAS CAN GET COUPONS QUICKLY AND NEATLY FROM NEW COMPUTERIZED...