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...volatility, but also how they work. He received able assistance in New York City from Senior Correspondent Frederick Ungeheuer, who served as Russell's eyes and ears, visiting trading rooms and exchange floors as brokers wheeled and dealed. "I am from the precomputer generation, and it has been a steep learning curve," says Ungeheuer, 54, who has been writing about the market since the early 1960s. "In just over two decades, there has been change much like the one from horse-and-carriage days to jet travel." Senior Reporter- Researcher Bernie Baumohl, who also assisted with the story, compares...

Author: /time Magazine | Title: A Letter From the Publisher: Nov. 10, 1986 | 11/10/1986 | See Source »

...camps in the U.S. during the war, and most of those who were able-bodied were trucked each day to work on nearby farms. Agriculture in New Hampshire produces little but rocks, and those sprout without help. The work to be done at Stark was up in the steep, wooded hills, cutting pulpwood for the Brown Paper...

Author: /time Magazine | Title: In New Hampshire: an Unusual Reunion | 11/3/1986 | See Source »

...memory upgrade costs a steep $329, plus installation, from Harvard's Technology Product Center. However, if you are willing to void your warranty and save a lot of money, you can buy memory for a lot less from other suppliers. The K.B. Corporation in Boston, for example, sells a 512k upgrade for $119. The company uses Levco parts which are just as high quality as Apple's; and K.B. also services what they sell...

Author: By Evan O. Grossman, | Title: Computer Upgrades: Giving an Old Mac Some New Tricks | 10/22/1986 | See Source »

...shelling intensifies and grows more accurate, however, the mujahedin who are not part of the gun crews decide to move to safer ground. They scamper west along the ridge, then start down the long, steep slopes, moving fast. One guerrilla is missing a foot, blown off by an antipersonnel mine a year ago. He moves as fast as the others, hopping nimbly with the aid of a walking stick...

Author: /time Magazine | Title: Afghanistan: Barrage and Counterbarrage | 10/6/1986 | See Source »

...rising to 240 million. At the end of Wall Street's most hectic week, the Dow stood at 1758.72, down 161 from its September high. On the Big Board, losers outnumbered winners 4 to 1 on Friday. The American Stock Exchange and the over-the-counter markets also suffered steep drops...

Author: /time Magazine | Title: Sell Everything Now! | 9/22/1986 | See Source »

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