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Since the Stumpjumper first appeared in shops, Sinyard's Specialized Bicycle Components, based in Morgan Hill, Calif., has grown into a $100 million enterprise and has helped spawn a frenzy of furiously inventive competitors. Trek, a struggling little 10-employee maker of bicycle frames back when the Stumpjumper appeared, is now a leading ATB manufacturer. Based in Waterloo, Wis., Trek expects to sell 500,000 cycles worth an estimated $200 million this year, 10 times its 1985 sales...
...mail, worked as promised but failed to overcome human habits. "E-mail" was supposed to put an end to memos, note pads and letters. Readily embraced by techie types, it was shunned by secretaries and others because it proved too difficult to use. In 1988, for ! instance, ice-cream maker Ben & Jerry's Homemade installed an E-mail system to serve the 200 staff members at its Waterbury, Vt., headquarters. But less than 30% use the system. Says Christopher Lamotte, a B&J inventory coordinator: "There are too many options, and every option has suboptions. It's easier to just...
...blocking conception -- the major American pharmaceutical companies have all but abandoned the field. Of the nine doing research in contraceptives 20 years ago, only one (Ortho Pharmaceutical) is still active. The others have been scared off by the fear of costly lawsuits like the one that drove the maker of the Dalkon Shield, an intrauterine device, into bankruptcy, and by public controversy such as that surrounding RU-486, the French "abortion pill...
...real steps toward privatization, the Soviet government announced last week that it is offering to sell at least 30% of its largest industrial company, Volga Automobile Associated Works, maker of Lada sedans, to a foreign investor. The portion of the company up for sale is worth more than $1 billion. The most likely purchaser is the Italian automaker Fiat S.p.A. But the Soviets are not about to miss out on any better offers: they have hired Bear, Stearns, the Wall Street investment banking house, to provide them with some American know-how. Bear, Stearns is bullish on the U.S.S.R. Says...
...young men (and some women) to live abroad and preach the Mormon word -- in the local language. As a result, Utah has a disproportionately high number of people who are fluent in foreign languages, a prime selling point in the global marketplace. Compeq, a Taiwan-based computer-board maker, decided to open its first overseas plant in Utah in part because its managers knew Utah has hundreds of Mormon missionaries familiar with their country's culture and language. For similar reasons, American Express chose West Valley City as the location for the telephone service of its traveler's-check operation...