Word: inc
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Dates: during 1980-1989
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...personal computer, including hardware to enhance its performance. According to court papers filed by IBM, Erdman told Tecmar that he and some senior IBM technical personnel were planning to leave the company. Without telling IBM, they had already set up their own computer-equipment company, Bridge Technology, Inc. Erdman proposed to sell Tecmar some 40 designs for add-on products for the IBM personal computer, including plans for a so-called combination board that, among other things, would improve the machine's memory capability. Erdman allegedly boasted that with his designs some of the products would...
...first hint that IBM had a serious new security problem came in an Aug. 12 phone call to the company from Martin Alpert, president of Tecmar, Inc., an electronics firm in Cleveland. Alpert said that his company had been approached by IBM's Erdman with an offer of what appeared to be confidential information. IBM officials persuaded Alpert to play along with Erdman and covertly tape their negotiations. IBM Security Director Richard Mainey planned the ruse and equipped Alpert with a recorder...
DIED. Tubal Claude Ryan, 84, inventive aviation designer whose Ryan Airlines Inc. built Charles A. Lindbergh's Spirit of St. Louis in 60 days in 1927 for $15,000; in San Diego. A complete flying enthusiast, Ryan created and manufactured the first U.S. high-wing monoplane (the M-1), established the first regularly scheduled year-round passenger airline in the U.S., and ran an aeronautical school that trained more than 10,000 World War II pilots. During the Viet Nam War, he provided pilotless jet spy planes and pioneered the V/STOL, a vertical-and short-takeoff-and-landing plane...
...help companies set up shop in the Third World, OPIC shares the costs of feasibility studies, makes and guarantees loans and sponsors foreign tours. Barco International Inc., an Ohio-based agribusiness firm, discovered the largest pig herds in Southeast Asia on a trip to Thailand in July and plans to build a slaughterhouse there. After the same trip, Hawaiian Holiday Macadamia Nut Co. decided to invest $9 million there to grow cashews and macadamia nuts and to produce chocolate candy...
...costs ranging from $25,000 to a hefty $325,000 an hour. Meanwhile, despite a potential audience that CBS market researchers estimated at 5 million households, advertising revenues offset no more than $60,000 an hour of costs, and often less. Said Analyst Joseph Fuchs of Kidder, Peabody & Co. Inc.: "CBS designed a solid-gold Cadillac when what might have worked was a Chevrolet...