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...staging such a show, DEC seemed to be sending a message to archrival IBM: look out. Big Blue has a leading 17% share of the $18 billion annual market for minicomputers, compared with 13% for DEC. But in the past two years, DEC has introduced a dizzying array of new machines that could thrust it in front. During its last fiscal year, DEC increased its sales by nearly 25%, to $9.4 billion, and doubled its profits, to $1.14 billion. In the past 18 months its stock price has tripled, to 190, surpassing the cost of an IBM share, which closed...

Author: /time Magazine | Title: The Big Do: DEC, a hot firm, aims at IBM | 9/21/1987 | See Source »

...been accused of complicity in Nazi war crimes. John Paul attempted to mollify ill feelings with a letter expressing sorrow over the Holocaust, and will continue the fence mending at a Vatican meeting this week with Jewish officials. In Columbia, S.C., on Sept. 11, he will talk with an array of 27 leaders of non- Catholic churches, then join an ecumenical prayer service with 72,000 people. In Los Angeles, the Pope will greet representatives of Islam, Hinduism, Buddhism and Judaism...

Author: /time Magazine | Title: Religion: John Paul's Feisty Flock | 9/7/1987 | See Source »

...boom. Never have so many would-be tycoons turned to franchising, and never have they found so many would-be store owners lined up to buy a franchise. No longer limited mainly to fast-food outlets, auto dealerships and motels, the chain-store concept is spreading to an amazing array of goods and services. Consumers in a growing number of cities can get a haircut at Hair Performers, buy hearing aids at Miracle-Ear, do their laundry at Duds 'N Suds, have their homes cleaned by Maids International and get an auto "engine shampoo" at Tidy Car, seek business advice...

Author: /time Magazine | Title: Franchising Fever | 8/31/1987 | See Source »

...fall collections just unveiled by Paris couturiers leave no doubt: something is up on the fashion runway, and it is more than hemlines. After several drowsy years, couture is in again by being far-out again. The new high-fashion collections have exploded in a colorful array of stylized, theatrical creations, and in the process have stolen back much of the action from the swaggering ready-to-wear industry. The relentlessly ballyhooed miniskirts, to be sure, are riding high -- very high. But in addition, the couture lines offer daring, bewitching and wacky costumes that pay homage to, . among other things...

Author: /time Magazine | Title: Living: Couture Goes Daring And Wacky | 8/17/1987 | See Source »

...once a dazzling array of superconductor uses seemed tantalizingly possible. Researchers now estimate that high-speed computers using superconductors may be three to five years away. Farther off are 300-m.p.h. trains that float on magnetic cushions, which now exist as prototypes but may take at least a decade to perfect. Power lines that can meet a city's electric needs with superconductor cables may be even farther in the future...

Author: /time Magazine | Title: Science: Frenzied Hunt for the Right Stuff | 8/10/1987 | See Source »

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