Word: intel
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Dates: during 1980-1989
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...corporations is wounding the very U.S. companies that are most capable of competing with the sprawling industrial giants of Japan. Even some leading entrepreneurs, mostly those whose brainchildren are now billion-dollar companies, say the start-up craze has gone too far. Gordon Moore, chairman and co-founder of Intel, the chipmaker based in Santa Clara, Calif. (1987 revenues: $1.9 billion), says "vulture capitalists" have lured away some of his best technicians with offers of seed money to start their own firms...
...Lynch does not waste much time agonizing about what could happen next week. He has been too busy snapping up stocks that he considered well worth buying at their depressed postcrash prices: Goodyear, Chrysler, Intel, Texas Instruments, Carnival Cruise Lines and Toys "R" Us, along with companies that most people have not yet heard of, such as Metro Mobile CTS, a cellular phone system, and Comcast, a cable-TV operator...
...biggest advance in computer technology in recent memory. The 80386 brings to personal computers the speed and power that were once available only in larger and much more expensive minicomputers. IBM, Compaq and Tandy have built new high-end machines around this chip, which is made by California-based Intel. Apple uses a Motorola-produced chip that gives its Macintosh machines comparable speed and power...
...hardware components promise to expand horizons and boost sales even more. A silicon chip known as the Intel 80386 microprocessor already runs Compaq's IBM-compatible Deskpro 386, giving it the power of bigger minicomputers for the price of a PC. At Apple, design engineers use a Motorola chip comparable to Intel's for their Macintosh machines, now the industry's hottest-selling family of personal computers...
...sales will gain momentum when the world's No. 1 computer maker begins summer shipments of four new models using the Intel chip. Once the machines get their full complement of software sometime next year, they are likely to set new performance standards. But customers no longer hold their breath for the latest gear with IBM's distinctive blue markings. Even though buyers knew for much of 1986 that IBM was readying the new line, "they needed new machines and were not going to wait around forever," says Bill Lempesis, a Dataquest analyst. While some settled for deeply discounted older...