Word: mellone
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...early 1980s -- before the Internet became a cultural icon -- students at Carnegie Mellon University wired photosensors to the indicator lights on a Coke machine, programmed a computer to count the cans as they were dispensed, and connected the whole contraption to the network. By typing the command finger coke cs.cmu.edu, anybody with an Internet account at Carnegie Mellon -- or anywhere else -- could tell at a glance how many cans were left...
...investment houses were reimbursing their customers for losses in their stock market. As a veteran of losses in our stock market, it occurred to me that this was one heck of an idea that was definitely worth imitating over here. So last week I was thrilled to learn that Mellon Bank had taken a step in the right direction. It picked up the $130 million tab for some unfortunate investments its advisers made for clients in one of the bank's subsidiaries...
...called Mellon to get the details on its largesse. The p.r. person there, Margaret Cohen, assured me that Mellon was under no obligation to make good on any bad investments. She said the bank was happy to make a voluntary contribution to help out customers in its trust departments, where the losses happened. The idea was to continue to maintain a positive working relationship with these bigwigs. This reminded me of the millions of little wigs who have had a tough year in the stock market -- like me. A couple of my stocks have gone down, and it would cost...
...called Smith Barney and asked if I could get a bailout deal similar to Mellon's. Because I make my own ill-advised investment decisions without the help of my broker, who no doubt has better ideas, I figured I was a great candidate for reimbursement. At least Smith Barney couldn't be accused of paying me off to cover up my broker's mistakes. And whatever modest sum it might choose to advance me would go a long way toward cementing my future loyalty. But spokesman Bob Connor wasn't buying any of this, and Cohen at Mellon said...
...steam began rising for Carnegie Mellon University four weeks ago, when one of its research associates, Martin Rimm, informed the administration that a draft of his study of pornography on the computer networks was about to be released. Rimm had made an elaborate analysis of the sexually oriented material available online. Not only had he put together a picture collection that rivaled Bob Guccione's (917,410 in all), but by tracking how many times each image had been retrieved by computer users (a total of 6.4 million downloads), he had obtained a measure of the consumer demand for different...