Word: marketeers
(lookup in dictionary)
(lookup stats)
Dates: during 1980-1989
Sort By: most recent first
(reverse)
...American computing," declared Doyle Knight, president of New Jersey's John von Neumann National Supercomputer Center. What dismayed Knight was the announcement last week by Control Data, based in Minneapolis, that it would halt its money-losing six-year foray into the growing world market for supercomputers. The decision leaves Cray Research, its crosstown rival and the industry leader, as the only U.S. supercomputer maker at a time when Japan's industry is moving vigorously into the field...
...hope to enter the field. Among the contenders is IBM, which in late 1987 formed a venture with former Cray designer Steve Chen to develop a line of advanced supercomputers. Allan Weis, a vice president in IBM's Data Systems division, asserts, "We're very serious about the supercomputer market. The Japanese are formidable competitors, but IBM and Cray are very formidable too." They had better be, or the supercomputer could go the way of the videocassette recorder...
Furet views contemporary France as a "republic of the center" in which a consensus has emerged in favor of market economics combined with broad social services. "Left-right rhetoric today does not correspond to reality," he says. "France has buried its civil war." Three key changes explain why: the Fifth Republic finally established a strong, stabilizing presidency; the appeal of the Communist Party has withered; and the old antagonism between the Roman Catholic church and state has eased. "The left is in power precisely because it renounced its revolutionary culture," he says...
...mark a true festival of reconciliation, the French can still take pride in the passion they have for their history. In Lyons, Jacques Tournier, the descendant of a water carrier who was guillotined in 1793, recalls that his grandmother refused to walk past the place in the market where the execution machine stood. "Now I too avoid that spot out of respect for my ancestors," Tournier says. Jacques Delmas, a lawyer from Reims, has fonder feelings for the revolution. "One of my ancestors stormed the Bastille," he says, "and I feel both thrilled and proud to be French whenever...
Poor Wall Street. In a slide that began with the stock-market crash 18 months ago, the get-rich-quick go-go years have faded into memory. No longer do brokerages open branches in every mall or freely lavish six-figure salaries on young talent. Gone are many of the yachts and the black-tie dinners -- along with more than 8% of the 260,000 employees who worked in the U.S. securities industry before the collapse. And despite the cost cutting, a fresh wave of gloom rolled through investment houses last week. Even as the Dow Jones industrial average surged...