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...Community has in mind. It would prefer European computer firms to unite in one association producing a single line of compatible computers using the same hardware and software. Only through affiliation on this scale, the EEC believes, can European concerns compete strongly against IBM, which controls its huge market slice largely because of its sheer size. With revenues last year of $9.5 billion, IBM had enormous resources to commit to research and marketing. The revenues of the largest European-based computer maker, ICL, were about $450 million...

Author: /time Magazine | Title: COMPUTERS: Ganging Up On Snow White | 7/2/1973 | See Source »

...continues to sink deeper into its private depression. Stock prices continue to drift downward; last week the Dow Jones industrial average closed at 931, off 121 points from its high of 1052 less than three months ago. Far more frightening to brokers, there are growing indications that a sizable slice of the public has been turned off stock investments. The latest New York Stock Exchange survey shows that in 1972-the very year in which the Dow Jones average finally cracked the magic 1000 barrier the number of individuals who own stock dropped by 800,000, to 31.7 million...

Author: /time Magazine | Title: WALL STREET: A Private Depression | 4/16/1973 | See Source »

...that can develop-and disappear-rapidly. Yet doctors cannot agree upon the proper cure. Some recommend surgery, cautery with an electric needle, localized freezing, or acid to burn away the tissue; a few even fall back on folk remedies like touching warts with a copper penny or with a slice of raw potato. Now a group of Massachusetts General Hospital physicians has reported in the Archives of General Psychiatry that warts can also be removed by hypnosis. The researchers reached this conclusion after hypnotizing 17 wart-afflicted patients once a week for five weeks and telling them that warts would...

Author: /time Magazine | Title: Medicine: Capsules, Apr. 2, 1973 | 4/2/1973 | See Source »

...order, which included ten supertankers of 260,000-to 330,000-ton carrying capacity, is only part of Maritime's plan to add a lucrative business in hauling oil to its rich slice of worldwide fruit shipping. Altogether, Maritime now has 23 VLCCs (very large crude carriers) under construction throughout the world, including three 265,000-ton monsters being built in the U.S. by Bethlehem Steel Corp. for $235 million...

Author: /time Magazine | Title: SHIPPING: Israeli Odd Couple | 3/26/1973 | See Source »

Last Monday night Psalms for Two Davids was set for dress rehearsal and the Loeb seemed upside-down. There was no elevated stage, and a slice of seats had been uprooted and transplanted to the other side, facing opposite. For the first time in over ten years (apparently) a Loeb mainstage production was to be theater in the round. The floor was painted with bright concentric circles of color, and the set, still dormant and in parts, promised to be glitteringly enormous: it was clear that this was some monstrous extravaganza rumbling and shuffling, itching to rear up and come...

Author: By Richard Turner, | Title: Slouching Toward Jerusalem | 3/22/1973 | See Source »

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