Word: suits
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Dates: during 1980-1989
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...these breakthrough products look hopelessly oversize. Last month Compaq unveiled a 2.2-kg (6-lb.) full-powered portable computer that fits in a briefcase. Sharp and Poqet make even smaller models that slip into a suit pocket. Today there are fax machines, radar detectors, electronic dictionaries, cellular telephones, color televisions, even videotape recorders that fit comfortably in the palm of a hand...
...suit is a result of allegations by Harvard that the New York-based firm misrepresented the finances of Dallas's Lomas Financial Corporation, in which the University invested $45 million last May. Lomas declared Chapter 11 bankruptcy in September...
Although Harvard filed suit in Boston Federal District Court more than two weeks ago, Richard W. Renehan, an attorney at Hill & Barlow, says he cannot predict where the case will go until December 18, when Merrill Lynch has said it will legally respond to the allegations...
...fact, Renehan says he's not even sure whether the suit will go to court. But, he adds, the Merrill Lynch response will help to provide "the answers to some of these questions...
...outcome of the suit against Merrill Lynch turns in part on whether Harvard is able to salvage its $45 million from the now-bankrupt Dallas financial services company...