Word: selling
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Dates: during 1980-1989
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...after shooting Oswald, left two disputed wills: one names Mayer executor of his estate. According to Jack's brother Earl Ruby, another will, written in the hospital but unsigned because Ruby died ten minutes before the witness arrived, leaves the weapon to his family. Whoever gets the gun will sell it, but the proceeds could be quickly eaten up. Taxes owed to Texas and the IRS top $100,000, says Mayer, and he claims he is owed...
...years the Christian Brothers, a Catholic order of teachers, have financed their spiritual good works by producing California brandy and table wines. Last week, after months of soul searching, the Brothers announced that bottled spirits no longer fit into their plans. The company will sell its $100 million-a-year wine-and-brandy business and 1,160 acres of prime vineyards to Heublein, a subsidiary of London-based Grand Metropolitan, for an undisclosed amount, perhaps as much as $150 million. Heublein, which owns California's Inglenook vineyard but has no major brandy label of its own, would thus become...
...been synonymous with supercomputers, those lightning-fast machines used for everything from locating oil deposits to designing nuclear warheads. Not only had Cray seized nearly two-thirds of the world market for number crunchers in the $5 million- to-$25 million range, but it held exclusive license to sell any machine made by Seymour Cray, who is to supercomputers what Alexander Graham Bell was to the telephone...
Surprisingly, given the relative sizes of the two Crays, some experts voice more concern about the future of Cray Research than they do about Cray Computer. Few doubt that the smaller spin-off firm will be able to raise all the money it needs. As John Sell, president of the Minnesota Supercomputer Center, puts it, "Seymour is magic in this business." Whether Cray Research can flourish without its founding genius remains to be seen. Analysts say that within three to five years it should be clear whether the company has wisely cut its losses or created a killer competitor...
...industry-wide ferment is certain to continue, however, as hundreds of small cable operators merge into regional units or sell out to the giants. Ultimately, the number of systems could dwindle to a handful. "The same thing happened in the movie industry 50 years ago," says Robert Thomson, Tele- Communications' vice president for government relations. "They once had many more studios." With that prospect in mind, the major cable companies are scrambling today to make sure they do not wind up on the cutting-room floor tomorrow...