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Another criticism is that the layoffs are an attempt to impress Wall Street. In particular, some analysts suspect that the equipment-manufacturing business will take the heaviest hit--23,000 layoffs--because it is the only one of the three companies into which the parent is being split that will sell new stock, in addition to distributing shares to present AT&T stockholders. An initial public offering of as much as $3 billion, which might be the biggest ever, is planned for late March. Allen concedes that "there is some pressure from the ipo to get things right and look...

Author: /time Magazine | Title: AT&T: DISCONNECTED | 1/15/1996 | See Source »

...event, a strong Harvard performance will impress the NCAA Tournament selection committee come March...

Author: By Chris W. Mcevoy, | Title: Two Tough Tests for W. Cagers | 12/19/1995 | See Source »

...college whose motto is veritas, Harvard has long suffered from an excess of bull, whether from gov-jocks shoveling it in section or pre-frosh trying to impress their hosts. With several presidential candidates and political gurus having visited in recent weeks, the problem has only grown worse...

Author: By Bradley L. Whitman, | Title: BY GEORGE, HE'S FULL OF IT... | 12/2/1995 | See Source »

...growing number of people are realizing that working more, earning more, doing more and owning more do not result in greater happiness or an increased sense of well-being. It's been said, "We are spending money we don't have to buy things we don't need to impress people we don't like.'' Voluntary simplicity, living a life that is outwardly simple and inwardly rich, is based on how you use the only life you will have. And if you make choices that require less money, you will need to use less of your time to earn money...

Author: /time Magazine | Title: Letters, Nov. 27, 1995 | 11/27/1995 | See Source »

...CUBA, Nov. 6]. He could persuade the U.S. to lift its trade embargo if he set Cuba free. How nice of him to shed his fatigues and don dapper new clothes. But he is still a devil--even if in a suit. The people he manages to impress never had to live in a communist country, never had to go hungry or be separated from their family. I am sick of people glorifying a man who is a criminal and who violates human rights. He tries to impress businessmen who want to invest in Cuba: Come to Cuba, frolic...

Author: /time Magazine | Title: Letters, Nov. 27, 1995 | 11/27/1995 | See Source »

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