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...called the "rocket," then a Mercedes, a Jaguar XJ6, a $60,000 Carrera Cabriolet 964, a $380,000 Porsche 959 that ended up impounded in a customs shed because it couldn't meet import emission standards, and a Ferrari 348 that became known as the "dune buggy" after he spun it into the sand...

Author: /time Magazine | Title: IN SEARCH OF THE REAL BILL GATES | 1/13/1997 | See Source »

...report to the committee, Gingrich conducted a phone call with party leaders to discuss how to deal with the news. The committee allowed Gingrich to call the leaders, but as part of his agreement he was to have no part in shaping strategy on how the matter would be spun in public. Gingrich and his attorney are heard conceding that they are violating the agreement with the committee, discussing the timing of party action on the committee news and at one point discussing language for the statement to be put out by the leadership. Stung by Democrats crying foul...

Author: /time Magazine | Title: Reach Out and Embarrass Yourself | 1/10/1997 | See Source »

...what research it was. Starting in the 1930s, when the prevailing view had the human family rooted in Asia, the Leakeys reversed scientific opinion and placed man's origins in Africa. But while Louis spun grand--sometimes grandiose--theories, Mary preferred the nitty-gritty of fieldwork. She spent long hours under the broiling African sun unearthing precious fossils and stone tools, then carefully measuring, sketching and cataloging them. "Theories come and go," she once told Pennsylvania State University anatomist Alan Walker, "but fundamental data always remain the same...

Author: /time Magazine | Title: MARY NICOL LEAKEY: 1913-1996: FIRST LADY OF FOSSILS | 12/23/1996 | See Source »

...that hope were probably disappointed and sold it." Which is not to say that the so-called trivestiture was a mistake. AT&T would probably be worse off had it held on to its equipment-manufacturing and computer businesses--the latter a huge money loser--which are being spun...

Author: /time Magazine | Title: AT&T'S RINGING HEADACHE | 10/7/1996 | See Source »

...Then a year later they come out with something similar." AT&T isn't the only phone company whose stock is under pressure (see chart). Share prices of the Baby Bells have also lagged the market. Next year new federal legislation will allow the Baby Bells--regional phone companies spun off from AT&T under a 1984 antitrust decree--to start muscling in on the long-distance market too. Some analysts think that over time the Baby Bells might win a 20% share, part of which would come out of Ma Bell's hide...

Author: /time Magazine | Title: AT&T'S RINGING HEADACHE | 10/7/1996 | See Source »

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