Word: high-tech
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...WorldCom-CompuServe deal certified AOL as cyberspace's first true empire, a global online service that's adding 6,000 members a day and will soon be available in more than 100 countries. Revenues have pumped up with impressive speed, even for a high-tech firm, from $53 million in fiscal 1993 to nearly $2 billion this year. And, slowly, profits are emerging. The stock price, which traded at $22 a year ago, hit a high of $80.50 this week. Even at a perilous 80 times projected 1998 earnings, it will beat the market, think Wall Street pros...
...crushed metal, in the iconography of the crash, alongside James Dean, Jayne Mansfield and Princess Grace. These other victims, however, died unpursued. They weren't fleeing the pointed end of their own celebrity: men on motorcycles with computerized cameras and satellite-linked mobile phones. The paparazzi are the high-tech dogs of fame. But it must be admitted that we sent them into that tunnel, to nourish our own mysterious needs...
...Solar and Heliospheric Observatory), which has been circling the sun since December 1995, and the National Science Foundation's global network of ground-based solar stations. By keeping a day-to-day eye on solar weather features such as the sun's "trade winds" and "jet streams," these new high-tech observatories are creating what the assembled researchers hailed as a revolution in their field. An exultant John Leibacher, director of the NSF solar program, said, "I have been [observing the sun] for 40 years, and I never had any hope that we would be able to see these things...
...gets even stranger. Each year a do-it-yourself city appears overnight. On one makeshift street, a three-story tower of scaffolding grows like a high-tech mushroom; draped with a parachute, it becomes an instant cafe. At a table, generous folks with a spare gallon of blue body paint offer to turn you into an alien. Behind them, two guys have built a house out of old wooden doors hauled in on a yellow rental truck. Inside you hear hypnotic techno music. The house will be gone 48 hours later, as will the rest of the instant city...
...promising to publish Mac software into the next century, Microsoft lets Mac customers and developers alike trust the platform to exist that long. And Apple cultists don't need much encouragement to stay psyched. "Macintosh customers have proved to be incredibly stubborn," says Roger McNamee, co-founder of the high-tech investment firm Interval Partners, "and where there are stubborn customers, there is hope." Sales of the recently released Mac OS 8, for instance, the first major Mac update in a decade, have been four times Apple's expectations. And the company can still point to considerable leads...