Word: compaq
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Brian R. Rice '98 ordered a Compaq Presario during Freshman Week. Three weeks after Rice was due to expect his computer he was told it had finally arrived--but that the memory still had to be installed...
...least some members of the computer industry are taking the threat more seriously. Before the end of the year, Dallas-based Compaq will begin printing RSI warnings on all its keyboards. Other companies -- including Apple and Microsoft -- have started selling redesigned keyboards that they hope will cut the risk of RSI. The new equipment -- and the training necessary to use it - -- can be expensive. But the cost of doing nothing could be even higher, both for the employer, who may end up in court paying damages, and for the RSI sufferer, who may never type again...
There is another side to the overseas-success story. For all the triumphs of Compaq, Intel and other companies, Japan still dominates many high-tech fields. Its companies, for example, control 95% of the flat-screen-display market, a key area of computer technology, and Asian companies have pushed the U.S. out of the disk-drive business. At the same time, U.S. competitiveness has been vastly enhanced by a trend that could be reversed at a moment's notice -- the cheapening of the exchange value of the dollar, which lowers the price of American goods to foreign buyers. Says General...
Perhaps, but there are tendencies that will have to be curbed for these happy possibilities to be reached. At some companies, at least, downsizing & shows signs of turning into a fixation, an almost pathological urge to cut whatever the circumstances. While some cost-conscious companies like Compaq have avoided this so-called corporate anorexia and increased hiring after getting their costs down and their market share up, others are acting more like American Express. It is about to start another round of staff cuts, despite having turned a loss into a profit. Why? "Because we're doing so well," chairman...
Stocks rose sharply, as third-quarter earnings reports continued to come in above analysts' expectations. Some examples: Compaq's profits soared 88%; aircraft maker Northrop Grumman's earnings rose 50%; and AMR, the parent of American Airlines, reported a 74% profit gain. The Dow Jones industrial average rose 18.50 points, to 3936.04, on heavy trading (319 million shares on the NYSE). The S&P 500 climbed 2.62, to 470.28. NASDAQ stocks jumped 5.81, to 770.62. Bond prices declined, meanwhile, as the yield on the benchmark 30-year Treasury rose to 7.90% from 7.87%. The price of gold rose...