Word: lotuses
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...Congress enacted its economic boycott of the country. Nearly 170 firms, including Pan Am, Uniroyal and IBM, sold or closed their South African operations between 1985 and 1990. Since the Bush Administration repealed the bulk of those sanctions in 1991, many have gradually filtered back. During the past year Lotus, Microsoft, Tambrands and 24 other U.S. firms have opened offices, established subsidiaries or placed representatives in South Africa. "We get calls every day from companies that are thinking about going back in," reports William Moses, an analyst at the Investor Responsibility Research Center in Washington. Coca-Cola is said...
...syndicates, which cut deals with desperate families, then draw up the escape plan, procure the forged documents and furnish the transportation. One kingpin of the racket is Big Boss Ma (not his real name), a Thai gangster of Chinese descent who funnels mainland Chinese through Bangkok. Seated in the lotus position on a teak sofa at home in Mae Sai, a northern Thai town, Big Boss exudes confidence and affluence. His gold front tooth glimmers as he speaks of his $20,000 prepaid package trips, which he claims have a success rate...
...COMPETITORS' WEAKNESSES: Lotus ((maker of financial accounting software)) lost ground because it was very late in catching the two biggest technology waves: the Macintosh . . . and Windows. Borland International ((producer of database programs)) is too distracted with its bad merger with Ashton-Tate. Philippe Kahn ((Borland CEO)) is good at playing the saxophone and sailing, but he's not good at making money. WordPerfect ((developer of word-processing software)) is truly a one-product company . . . Our most successful software is for the ((Apple Computer)) Macintosh. We have a much higher market share on the Mac than anywhere else. How does Apple...
...Group in Suffern, New York. Dressed in shorts and a T shirt, the 33-year-old trader stares at a computer screen linked to the National Association of Securities Dealers Automated Quotation System (NASDAQ), the world's second largest stock market after the New York Stock Exchange. Sensing that Lotus stock is starting to climb, Ciuffetelli tells an All-Tech clerk to buy 1,000 shares. The clerk presses a few buttons on his keyboard, and the deal is automatically made for $32 a share. Minutes later, the ex-machinist sells. "Hallelujah, I made an eighth of a point!" shouts...
...results, excellent software at an excellent price, speak for themselves. Looking at commercial software, it seems foolish for Lotus, Microsoft, and WordPerfect to continually reinvent the same wheel. And couldn't the fortunes spent on marketing, advertising, and pretty boxes go elsewhere...