Word: inc
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Dates: during 1980-1989
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Some might see it as horsing around, but making contact lenses for horses is a serious business for Optech Inc. of Honolulu. The animals are often prey to eye maladies, and veterinarians find it hard to medicate the equine eye. One possible solution: fit the horse with soft, noncorrective lenses that can hold needed medication against the eyeball. Drugs put in the eye are normally washed away in seconds by the animal's natural tears...
Nestle Company, Inc. markets infant formula that has been linked to malnutrition and increased infant mortality rate in third world countries, Michael R. Kremer '85, a coordinator of the coalition, said yesterday...
Warner Amex and Home Box Office, a subsidiary of Time Inc., plunked down $ 13.7 million and $ 12.5 million respectively for two of the transponders. The high bidder, however, was a new outfit called Transponder Leasing Corp., which paid $14.4 million, and will presumably now turn around and lease out its space to other companies. Also high in the reckoning was Billy H. Batts, 46, a lay minister based in Chattanooga, Tenn., who has plans to establish a Protestant Evangelical and family-entertainment network. That must be a record price for a pulpit...
...enough to regret it. Adding word processors and an electronic mail system to a department filled with middle managers might simply boost their output of pointless memos or reams of undigested numbers, thereby actually adding to company overhead instead of paring it back. Says a staffer at Apple Computer Inc., a leading manufacturer of personal computers: "We found ourselves generating hundreds and hundreds of pounds of papers until top management decided it wanted fewer numbers and more thoughts." On the other hand, a study by the General Accounting Office on office automation within the Federal Government found only isolated increases...
...place before too long. Says John F. Cunningham, executive vice president of Wang Laboratories: "Of top management in the FORTUNE 1,000, less than ½% today use office automation equipment themselves. By 1991 the figure will probably be 50%." Adds Robert Morrill, vice president for marketing at Prime Computer Inc. of Wellesley Hills, Mass., a leading office products concern: "We sense an explosion of interest from engineers, financial analysts and market planners. We are focusing on the productivity of the professional as opposed to that of the clerical. It is an untapped market where there has been little real productivity...