Word: motorola
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...Your article on color television is in gross error regarding Motorola price reduction. The 20-in. table model you reported reduced from $429 to $329 was actually reduced to $419. At the same time, Motorola introduced a less deluxe model...
Following that lead, other manufacturers are cutting prices on their 1968 models. Motorola has slashed its suggested retail price for a 20-in. table model from $429 to $329 and has introduced a transistorized set for $599, which is some $ 100 below its original estimate. RCA, the largest of the color TV producers with 30% of the market, marked down the original price tags on its new line by $20 to $30, in June, while Zenith broadened its line to include a smaller, less expensive set. G.E., too, is now pushing a "personal portable" table model...
However bullish such performances among blue chips may look, high-flyers such as Avco, Syntex and Control Data have actually led the spring spurt. Last week Polaroid (up $10.63), Motorola (up $14.13) and Teledyne (up $15.75) carried on the surge, and IBM shot up a whopping $28.50, thanks to a $17 jump Thursday, to close at a record $496.50 per share. But the industrials are catching up, partly because cash-heavy institutional investors (notably mutual funds) are upping their purchases. "The more the glamour stocks go up," explains Richard Buchsbaum, research director at W. E. Hutton & Co., "the cheaper...
Among manufacturers of radio pagers, Motorola dominates, with about 80% of the market. Its Pageboy receivers range in price from $180 for low-frequency units, to $275 for VHP. Low-frequency transmission requires no FCC license, is mostly for on-the-premise calls. Low-frequency beepers keep executives on their toes in 66 IBM plants throughout the U.S., New York's Americana Hotel coordinates staff activities with them, and department stores use them to alert floorwalking detectives when shoplifters are spotted...
...Debre has learned that if France excludes them, U.S. companies will plant branches in other Common Market countries and then export freely to France (TIME, April 1). The Gaullists also have come to believe -after years of chauvinistic doubt-that U.S. capital and technology can benefit French industry. When Motorola offered to develop a semiconductor industry and invest generously in research, Debre gave the company permission to build a multi-million-dollar plant in Toulouse. Now General Electric, ITT and the Dutch Philips are vying to take over a French electric-equipment manufacturer, and the U.S. firms appear to have...