Word: basemented
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...competition with unique products such as the ThinkPad notebook PC, and to beat them at their game of discounting. The company has filled practically every market channel with a new line of PCs, including models aimed at homes and small businesses. Next month Big Blue will introduce a bargain-basement line called Ambra that will not carry the IBM logo. The overall strategy has apparently worked. After losing $2 billion in the past two years, IBM's PC business is expected to report a small profit this week. "We're here to stay," says Cannavino. "When the music stops again...
...where it was counted, placed in bags and dropped down a chute into the "vault room." Most of the unreported loot was lugged to the Caribbean, where Leonard owns a second home. Another executive, Leonard's brother-in-law, kept $484,000 stashed behind a false panel in his basement. Meanwhile, the computer program itself was hidden in a hollowed-out copy of the 1982 Business Directory of New England...
Ironically, the industry's troubles have made it easier for new airlines to get into the business. With so many planes available owing to repossessions and canceled orders, fledgling airlines have been able to buy them at bargain- basement prices. Used Boeing 727s that cost up to $40 million new can now be bought or leased for about $2 million a plane. And with so many out-of-work pilots eager to fly, the new carriers have been able to recruit flight crews for less than half the top union scale of $150,000 a year. Says Reno Air president...
...interview in his Sever Hall basement office, Guzzetti said he did not believe vacant professorships were part of the committee's focus. Instead, the department chair characterized the review as a once-in-a-generation look at the direction and purpose...
...said, however, that he is not ruling out the kiosks for another business venture. "I thought they were an original idea...If way they were constructed, the compactness, how they closed," McNichols said. "I think the rent is in the ballpark--I don't think it's bargain basement, I don't think it's outrageous...