Word: roache
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Dates: during 1980-1989
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...people of Princeton are going to have a lot of work to do," remarked University of Michigan Regent Thomas Roach last week. His comment came on hearing that Michigan President Harold Shapiro, renowned for his 15-hour workdays, would succeed William Bowen next January as Princeton's 18th president. An economist by training (Ph.D., Princeton '64) and a genial if demanding manager by reputation, Shapiro, 51, lifted Michigan in seven years from financial crisis to a prosperous institution loaded with new research facilities. Although guarded about an agenda for his new job, Shapiro, who will be Princeton's first Jewish...
...slump is over," crows Tandy Chairman John Roach. Indeed, Roach and his computer-industry rivals have reason to feel a sudden rush of confidence. After being relatively cool to personal computers for three years, customers are snapping them up faster than a high-speed printer spews out sprocketed paper...
...been expected to strike back at its competitors either by dropping prices so low as to drive them out of business or by raising such formidable technical barriers against copycats as to make the new machines impossible to imitate. They did neither. "These are not clone killers," said John Roach, chairman of Tandy Corp., which has sold about a quarter of a million PC knockoffs. "We're thrilled that IBM has left our turf alone...
...months later, he is no longer surrounded by the drug scene and roach infested apartments. But he still sends money home to his financially struggling mother, a telephone operator...
...deny that the U.S. economy is wheezing at the moment. Industrial production, which grew slowly last year, began to shrink in the second quarter of 1986 (see chart). One main cause of the malaise seems to be companies' reluctance to invest in new plants and equipment. Says Stephen Roach, an economist with the Morgan Stanley investment firm: "Capital spending is in the worst shape for any postwar expansion period." Roach projects that capital investment for all of 1986 will fall by 4.5%, compared with last year. Says he: "Every time such a contraction has taken place, the economy has been...