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Installing Linux was not exactly a walk through hell, but there was no way I could have done it without help--another reason to pay for something you can get free. After making absolutely no headway on my garden-variety IBM ThinkPad, I finally called "Thor," a guy in Red Hat's support squad. He checked around and then informed me that I was out of luck. My external CD drive was incompatible with the Red Hat distribution. "Laptops can be a nightmare," he confessed. Bowed, but not broken, I borrowed a desktop PC from the bowels of Time...
...word: him. Since arriving at AT&T 18 months ago, after stints at IBM and Hughes Electronics, Armstrong has unleashed a wave of high-profile, big-bucks purchases that has sent both his and the company's stock soaring. It was the perfect meeting of a CEO with an unlimited imagination and a corporation with an unlimited checkbook. In January 1998, just two months after Armstrong took the helm, the company paid $11 billion for Teleport, a company that operates fiber-optic networks in New York and other cities. Six months later, AT&T purchased Tele-Communications Inc., then...
...million workers nationwide. Two weeks ago giant Citigroup disclosed that it too is making the changeover; the week before, CBS made the switch as part of a comprehensive benefits overhaul. Both firms are sweetening the pot with stock options to keep workers focused on performance rather than longevity. IBM is reportedly contemplating a similar change that would save $200 million a year...
...IBM gets no argument from Dell and Compaq, the two U.S. market-share leaders, which have been slugging it out for more than a decade. They are moving the battle from the saturated consumer market to better-heeled corporate customers. Margins in that market are shriveling as Dell and Compaq bundle heaps of services, software and support to sweeten the deal for finicky clients who have plenty of negotiating leverage. "All brands come with an unbelievable amount of management software, fast CPUs [central processing units] and everything else you need," says Roger Baumann of Affiliated Networks, a small Miami marine...
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...