Word: processors
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Dates: during 1980-1980
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Despite some initial grumbling that the new machines would turn them into white-collar automatons, secretaries and clerical people usually welcome the appearance of a word processor or minicomputer console on their desks. Betty Mates, 31, a Citibank clerical worker for close to 13 years, now uses a Digital Equipment Corp. minicomputer in the bank's letters-of-credit department. Says she: "The department used to be chaos. One letter would get handled by four, five or six people. But with the new system, one person handles everything. I had no trouble adjusting. To me it was like...
...equally sophisticated gear and are enjoying growth rates of 30% or more a year. Datapoint Corp., Digital Equipment Corp., Prime Computers, Inc. and Data General Corp. are all leading suppliers of minicomputer designs for small-to medium-sized businesses. Massachusetts' Wang Laboratories is a leading manufacturer of word processors. One new small word processor company based in Boulder, Colo., calls itself NBI, which stands for Nothing But Initials. The hottest new firm of all, Apple (1979 sales: $75 million), is not yet five years old and plans its first public stock offering before year...
...introduced one of the first desktop electronic calculators. But eight years later Texas Instruments began selling hand-held machines made with silicon chips and stole the market. Wang then quickly shifted his company's efforts into large-scale office electronics. In 1972 the company entered the word processor market, and soon introduced the television-like screen that nearly all electronic word processing equipment now uses for displaying text. The company at present has 35% of the world market...
...army. Other critics contend that those going to the U.S. are motivated by the most crass materialism. One comment in the Jerusalem Post last week was typical: "They want to be lulled into nirvana by the hum of a six-cylinder auto engine, the whir of a food processor and the strains of an expensive stereo. They want to come home from work and be pampered, to make a lot of money and stop caring...
...named by TIME as one of 200 future American leaders. He left Polaroid to head Green Giant Co. Under his direction, the Chaska, Minn., food processor bounded from $293 million annual sales to $485 million in 1978, when it merged with Pillsbury. The 6-ft. 3-in. Wyman, a Phi Beta Kappa at Amherst College (he wrote his senior thesis on the poetry of William Butler Yeats), scarcely concealed from friends and executive recruiters that he was tired of being No. 2 at Pillsbury...