Word: silicones
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...this: An American engineer who already had sold some low-grade U.S. defense secrets to Polish intelligence marries an alcoholic secretary who has one thing he needs: a security clearance to handle truly valuable documents. Before the wedding, she lets her husband-to-be into her office at a Silicon Valley defense subcontracting firm late at night and on weekends. He removes masses of papers and photocopies them in her modest two-bedroom, one-bath apartment near by. In June 1980, he flies to Warsaw with his hottest copies...
Your article on computer firms that are in trouble [Sept. 5] reported that "around California's Silicon Valley, the talk is that North Star and Cromemco, both suppliers of office systems, are hurting." Cromemco, a leading manufacturer of high-performance microcomputer systems, recently ended its first fiscal half-year with a 42% revenue increase over the same period last year...
...sign. Quaker Oats closed its U.S. Games division in April after a year in the market. "None of our games became a hit," says Spokesman Ronald Bottrell. "Instead of pouring in a lot more capital, we decided to drop it." Data Age, a small company in California's Silicon Valley, filed for Chapter 11 protection under the bankruptcy laws after video fans showed little enthusiasm for such games as Bugs and Sssnake...
Workers, especially executives, who change jobs are the biggest source of company leaks. The problem is especially acute in the electronics industry. In California's Silicon Valley, job turnover averaged 24% last year. Observes one local executive recruiter: "There's a lot of greed out there. If you can get into the right situation, you're an instant millionaire...
...Silicon Valley has become famous for a laid-back corporate-management style that includes hot-tub conferences. Now along comes Andrew Grove, president of Intel, a leading semiconductor maker, with the valley's first primer on business: High Output Management (Random House; 235 pages...