Word: 80s
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...packs to the masses. In the hearts, minds and business plans of Silicon Valley, however, it's 2005. Most U.S. homes and every last dorm room and office have high-speed connections to the Net; a wired nation surfs an endless array of digital infotainment, and--sorry, Sumner--the '80s-era conglomerates brimming with vertically integrated synergy are about as relevant as rabbit ears. The Viacom-CBS merger "has the feel of a nostalgia purchase," says Paul Saffo of the Institute for the Future. "It's as if you're out hiking, and a mastodon pops up in front...
...People don't have the time or lifestyle any more," Sears says. "That's completely not '90s--not '80s even...
...Lampoon connection did little good in late '80s Hollywood, though...
Vernon was also a world-class rower who continued to row with Cambridge Boat Club until last year. He broke the world record for his age group in the Crash-Bs, an indoor rowing competition, while in his 80s...
Though sports-equipment companies are high profile, they have been erratic performers as businesses. They were often small parts of large outfits, and changed owners frequently. Prince, another company started by Howard Head, was sold to consumer products maker Chesebrough Pond's in the '80s. It is now owned by the Italian apparel company Benetton, which is building a sports division. Wilson, once owned by PepsiCo and then Wesray Capital, is now part of a Finnish conglomerate called Amer Group...