Word: milunovich
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Dates: during 1980-1989
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...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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