Word: pcs
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...Want to know why we didn't make Dow 10,000 on our first run at it? Three letters: IBM.) There was a time in the mid-'90s when PC makers could count on ever more complicated applications requiring ever faster processors, causing consumers and businesses to upgrade PCs almost as often as Japan changed Prime Ministers. Sellers like Dell, Compaq, IBM, Gateway and Hewlett Packard got accustomed to 100% revenue-growth rates, while investors reaped heady returns: $1,000 invested in Dell in 1989 has grown to $640,000 today...
...also being hurt because softwaremakers aren't producing the power- and memory-sucking innovations that made consumers and businesses race out to upgrade their machines. The next big app, Microsoft's Windows 2000, is likely to require only a 300-MHz processor, already standard in today's bargain-basement PCs. So M. Lewis Temares, vice president of information technology at the University of Miami, figures that besides a few university officials who need high-octane processors for such things as complex med-school accounting software, his people are fine with the hardware in place...
...Programmer Ward Christensen writes MODEM (modulator-demodulator), allowing PCs to talk over public phone lines...
...Oriental rug. To everyone's astonishment, the gifted young man from Grinnell, Iowa--a minister's son--achieved that goal in a decade. His integrated circuit, or microchip, not only helped rename an orchard-filled California valley but also led to a seemingly endless harvest of silicon devices, from PCs to coffeemakers...
REAL CHEAP PCS It doesn't seem that long ago that a good deal on a computer meant a new PC that sold for under a grand. Now the cheapest PC practically pays for itself. The $299 Webzter Jr. desktop from Microworkz Computer Corp. packs a surprisingly powerful punch with its 300-MHz Cyrix processor, 32 megabytes of memory and 3.2-gigabyte hard drive. Like every other sub-$1,000 PC, it comes without a monitor, but it does give you one year of free Internet service from Earthlink, a $240 value...