Word: notes
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Dates: during 1980-1989
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Collected Poems 1947-1980, Allen Ginsberg -- The Fifth Son, Elie Wiesel -- Money: A Suicide Note, Martin Amis -- The Sioux, Irene Handl -- The Tenth Man, Graham Greene...
...William Millard borrowed $250,000 to expand an Oakland-based computer company called IMSAI. The lender, a Boston-area investment firm named Marriner & Co., got a note that was convertible into 20% of the stock in Millard's company. Last week a California jury ordered Millard to pay up, and the verdict may cost him $525 million, or 2,100 times the original loan. Reason: Millard built a sister company of IMSAI into ComputerLand, the giant retail computer chain (1984 revenues: $1.4 billion), and 20% of ComputerLand's stock is worth a fortune...
...verdict stands, the money will go to Micro/Vest, a California-based investor group led by John Martin-Musumeci, a former ComputerLand employee. Formed in 1981, Micro/Vest paid Marriner $1.9 million for Millard's note, before ComputerLand shares zoomed in value. Marriner sold to avoid a legal battle after Millard disputed its claim to ComputerLand stock...
Kushner nodded and took a note. The official hypothesized without even bothering to check any facts: "If the Bank of America computer goes down, you're talking $500 million a day. Four days and a bank is history." He said that "data-processing managers are dull schmucks" and that what they offer is a "dull sale" and that was why the humor consultant was called...
CLOCKS AND CALENDARS. Also selling well these days are some low-cost packages that equip personal computers with electronic versions of the aids found on conventional desktops: clocks, calendars, calculators, note pads, Rolodexes. Software that allows a PC owner to check the time, look up an address or remember an important luncheon appointment has been available for years. But switching from a clock to a Rolodex usually means shutting down one program and starting up another--a laborious exercise that generally is more trouble than it is worth. The key to these handy new programs is that they...