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...President and Congress are serious about spurring new investment and jobs, insist experts on Wall Street, in Silicon Valley and in academia, they should redesign their tax reform. Some of the experts' suggestions...

Author: /time Magazine | Title: Losing Big on Capital Gains | 8/14/1989 | See Source »

...pork bellies have in common? All are considered commodities, since their prices float freely, based on supply and demand. With that in mind, the Pacific Stock Exchange of San Francisco announced plans last week to create a futures market for DRAM (dynamic random- access memory) chips, the tiny silicon storage units found in products ranging from computers to toasters. Prices in the $6 billion DRAM market have seesawed sharply over the past few years, swinging from $3 to $30 a chip, depending on type and availability...

Author: /time Magazine | Title: COMMODITIES: Chips on a New Block | 6/12/1989 | See Source »

...dilemma is as thorny as was Hamlet's: Should the U.S. adopt a tougher, more adversarial trade posture toward Japan? From Silicon Valley to Capitol Hill, many Americans long to retaliate against Japan for what they regard, with some justification, as one-sided trading practices. Yet the urge to lash out is tempered by a self-protective need to maintain harmonious economic and political relations with America's most vital Asian ally. The quandary has ; left the Bush Administration walking a fine line between heated cries to battle by congressional trade hawks and equally urgent calls for restraint by dedicated...

Author: /time Magazine | Title: Does Japan Play Fair? Getting Tough With Tokyo | 6/5/1989 | See Source »

...Cray may have pushed the technology one step too far. Not only does the 16-processor Cray-3 contain four times as many central calculating units as the Cray-2 (an increase that more than quadruples its complexity), but it relies on an as-yet-unproved technological advance: replacing silicon chips with faster ones made of gallium arsenide. Add to Cray's headaches the fact that his new computer is so compact that assembly by hand is difficult. Before production could begin, he would have to endow robots with the manipulative skills of a jeweler or watchmaker...

Author: /time Magazine | Title: Computer Chip off the Old Block | 5/29/1989 | See Source »

...bank of hardware can now be performed by a single plug-in board. In just the past year the cost of an entry-level 3-D computer has fallen by nearly 70%, to less than $16,000. Within the next five to eight years, predicts Jim Clark, chairman of Silicon Graphics, the leading manufacturer of 3-D workstations, "we'll see the kind of images Tin Toy represents on an ordinary personal computer...

Author: /time Magazine | Title: Technology: Through the 3-D Looking Glass | 5/1/1989 | See Source »

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