Word: ibm
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Buckley has since abandoned the Heathkit. Aside from the seagoing Epson, he has four Kaypro portables, two IBM PCs (an AT and an XT), and a TeleVideo terminal. The IBM AT, which he keeps at his home in Connecticut, is able to store an entire novel in its customized internal memory. All the computers run the best-selling WordStar program. "I'm told there are better programs," says Buckley. "But I'm also told there are better alphabets." Despite owning all this equipment, he has never played a computer game, tapped into a data base or run numbers through...
...most talked-about slump of 1985 was in home computers. Sales dropped to an estimated 2.3 million from 1984's 3.3 million. Companies that had rushed to market with new products were violently shaken out of it. Coleco dropped its Adam computer in January, and IBM stopped production of its PCjr in March. Even so, sales of the more powerful personal computers used in business continued to grow, and demand for some very large units boomed. IBM's long-awaited new mainframe machine, which had been nicknamed the Sierra, costs about $5.5 million, but it still sold so briskly that...
Even high-technology shares, which were severely depressed in 1984, came back to life. Leading the way was IBM, the top computer manufacturer, which rose 26%, to 155½. Smaller companies scored even more spectacular gains. Genentech, the gene-splicing firm, jumped 95%, to 66 5/8. Zenith Laboratories, a drug manufacturer, more than tripled, from 6 1/2 to 20. Other industries with high-flying stocks included drugs, retail clothing, insurance, cable TV, pollution control, and lawn and garden products...
...growing number of major U.S. companies, including such firms as Exxon, Federal Express, Greyhound Lines, Southern California Edison, TWA, IBM and Lockheed, require all job applicants to pass urinalysis tests that screen for drugs. Some firms demand that experienced workers undergo such tests when the danger of impairment is simply too great to chance. At Rockwell, company pilots and employees who work with explosives are tested once a year...
Nynex, the holding company for phone operations in New York and part of New England, last week made a major diversification move by agreeing to buy IBM's 81 computer retail outlets for an estimated price of from $125 million to $150 million. Nynex plans to merge the stores with the 19 branches of its Datago computer chain. The newly named Nynex Business Centers will be the seventh-largest computer retailer...