Word: modeling
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Dates: during 1990-1999
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Whether or not their model makes sense--and to many in the industry, it seems quite a fantasy--the threat of personal obsolescence lit a fire under Gates and Microsoft. In 1995, Microsoft began to reshape all its product lines toward the Internet, making Netscape its prime target...
Grove has so effectively squashed the competition that his biggest worry isn't the rumblings of AMD but the strategic risk of a slowing PC market. The hottest-selling PCs this year have been dirt-cheap, sub-$1,000 models. Growth there could wreck Intel's business model. Says Drew Peck, an analyst at Cowen & Co.: "You can't sell a $500 processor in a $1,000 PC." And though cheap PCs are a tiny part of the overall market--businesses generally buy pricier PCs--Intel may be heading into a sea change. Intel's buoyant stock...
Grove, of course, sees it as an opportunity. He is in the midst of rejiggering Intel's operating model so the firm can make money on sub-$1,000 PCs. That means taking more risks and finding new applications for Intel chips. Intel has also invested hundreds of millions to "seed" demand for PCs. The firm is betting on interactive multimedia (imagine watching the Super Bowl and clicking on a player to see his stats), cable modems that speed Internet delivery and audio software that makes your PC sound like the local THX multiplex. Grove has reviewed dozens of battle...
...investment capital in the region. Seoul is looking desperately to Tokyo to roll over its credit. But Japanese banks, burdened with a quarter-trillion dollars of bad domestic debt, cannot easily risk more money in the South Korean sinkhole. Japan is also the origin of the very economic model that is causing the crisis. No one really knows, but many moneymen fear that Japan's own financial system could be as dangerously debt-ridden as South Korea's. The global economic network should be able to withstand even a wholesale default in Seoul, but failure in Japan would spread trouble...
...smaller, more concentrated doses, go back to the supporting roles. The Wayne's Worlds were good, the first one quite so. But here's one you may have passed over: Billy Madison (1995). Easily the quirkiest of the Idiot Pack films, (by that I mean the late-model SNL alums) this one's a winner. And Farley, ah, Farley, driving the bus, baring his belly, just yelling . . . That guy was FUNNY...