Word: processors
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Fromex was started by Dr. Bruce Frome, a Los Angeles anesthesiologist who also develops condominiums, and his wife Dede, a fashion designer. Two years ago, a cousin visiting Toronto returned to Los Angeles with tales of a Japanese processor that turned out color prints within an hour. Intrigued, the Fromes bought the equipment for $125,000 and installed it in the window of a store in Encino...
Designers can pull their drawings apart, enlarge details, apply colors, change shapes, test them under mathematically simulated conditions and edit and modify them. When the work is finished, the computer then stores the results in its memory much as a word processor files office memos or reports for later retrieval. When needed, a touch of a button recalls the most elaborate designs, from the surface of a semiconductor chip to the layout of a sprawling petrochemical complex, back to the screen for examination and perhaps revision...
...America dismissed the notion that an unknown outfit from Ohio's corn belt could act as a clearing house for a national credit card system. But McCoy persisted and eventually got the job. BankAmericard evolved into Visa, and Banc One today is the third largest credit card processor in the U.S. It serves 160 financial institutions in 28 states, performing more than 100 million transactions annually for 2 million cardholders...
...River. He's now trying to unload, for $2.9 million, the East Side Manhattan town house he bought for $750,000 just two years ago. Jimmy, the youngest, is usually down home in Plains, Ga., watching his life pass before him on the video screen of his word processor. Last week the two took time out for trips abroad...
These are the equivalents of leaky pens, misplaced notes, carbon paper inserted backward-all the inevitable vexations of the writing trade. They may be annoying, but they are not enough to turn off the current of this newest electronic revolution. Even the biggest drawback to processors, their size, is shrinking. Sony, master of the mini, recently introduced a 3-lb. briefcase-size keyboard unit capable of storing text to be printed out later. A few stubborn novelists and historians may resist until the final pencil stub and the last typewriter ribbon, but in the final chapter, the processor will...