Word: silicon
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Dates: during 1990-1999
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Will Wall Street buy? New York's big-money mandarins have been snubbing Silicon Valley of late, a chill exemplified by Wired Ventures' humiliating failure to float its own IPO last summer. "The new-issues market is not particularly strong right now, particularly for tech stocks," says Standard & Poor's analyst Robert Natale. "Amazon will be an indication of whether bellwether technology stocks can find an audience...
...billion gamble. The Army is betting that by trading silicon for lead, it will get a more lethal fighting force that can destroy much larger armies with few or no casualties--much as the allied forces did so effectively against Iraq in the Persian Gulf War six years ago. The risk is that the fancy new systems will fail under field conditions, leaving American troops more vulnerable than they were before...
Capps, 41, was the kind of guy who, when pricked, bled in rainbow colors. His defection, when it came six months ago, was so startling that the New York Times reported it. Now when he walks the streets of Silicon Valley, people hiss...
Even that didn't defenestrate Capps. Version 1 failures only juice him. An inveterate inventor whose house in the foothills of San Carlos, California, is filled with homemade toys such as the Jaminator--a plastic guitar that permits users to jam, in key, with rock tunes etched into silicon chips--Capps thrives on the multi-iterated quest for perfection. "There's nothing better than doing version 2," he says, "and being able to go back and fix all your mistakes." No, what finally drove Capps out the door was Apple's inability to stay relevant, to reorient itself around...
...team, led by senior manager C.J. Tan, has been plotting revenge ever since, and is now prepping for the rematch, which will take place in Manhattan in May. Today, in this cramped lab at T.J. Watson, Deep and Deeper are playing their first father-son game, a sort of silicon Oedipal struggle. The first 15 moves are what chess types yawn at as "standard"--established openings. Very safe. No surprises...