Word: milunovich
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Merrill Lynch tech analyst Steven Milunovich recently suggested that cash-rich firms like Microsoft should begin paying dividends to shareholders. Then consumer advocate Ralph Nader wrote an open letter badgering Microsoft chairman Gates to do just that...
...Akers. "The benefit will be that our management team will spend less time at corporate headquarters and more time with customers." The shake-up, which Akers called "my idea," squelched suspicions that the 53-year-old chairman's authority might be eroding along with IBM's profits. Says Steven Milunovich, who follows the computer industry for the First Boston investment firm: "Akers wants to teach this elephant how to dance, and he was growing impatient with its progress...
...linking a few PCs, but business users clamored for a way to hook up hundreds of computers. Last week the company finally unveiled a so-called local-area network that can link as many as 260 devices, including its PCs and printers and other IBM-compatible models. Said Steven Milunovich, who follows the business for New York City's First Boston investment firm: "This is a big step forward for the computer industry. It removes a great deal of uncertainty...
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