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- [***][2/28/84][***]
- TROUBLE IN THE ORCHARD:
- A group of Apple shareholders are charging that Apple executives
- made millions of dollars by selling their stock just before the price
- plummeted last year. The shareholders, led by San Diego attorney
- William Lerach, claim the top brass at Apple created "unwarranted
- optomism" about the Lisa computer in order to encourage stock purchases,
- but bailed out themselves just before the reality of Lisa's disappointing
- sales were known. The top seller, he says, was Steve Jobs himself,
- who made $25 million in one fell swoop with the sale of half a million
- shares in late April. This is the same man who had told the media,
- "Lisa is going to be phenomenally successful in the first year."
- Apple PR is saying the company will take the suit very seriously.
- ----
- CONTACT: WILLIAM LERACH, ATTORNEY
- SAN DIEGO, CALIFORNIA
- 619-755-5820
- ----
- [***][2/28/84][***]
- PIE IN THE FACE:
- Pizza Time Theaters, Nolan Bushnell's crumbling enterprise, has just
- been hit by another lawsuit. This is from Pizza Entertainment Centers,
- Inc., a former franchise, which claims the parent company owes it $838,000
- from a previous lawsuit settlement. Pizza Time's spokesman contends the
- firm hasn't yet seen the lawsuit, which seeks $700,000 in damages. But
- he admits, "We have a cash flow problem at the present time." Meanwhile
- the company is selling Sente Technologies, its game subsidiary. Sente
- makes video arcade units that accept a variety of games, as well as a
- new game called "Snakepit". Shipments of products began last week.
- Bushnell heads up Sente, and could not be reached for comment.
- ----
- CONTACT: SENTE TECHNOLOGIES
- SUNNYVALE, CA.
- 408-747-2400
- ----
- PIZZA TIME THEATERS
- SUNNYVALE, CA.
- 408-734-8731
- ----
- [***][2/28/84][***]
- BAN ON FAKES:
- No more pineapples, oranges or other fake Apple computers will be entering
- the U.S. The International Trade Commission last week banned shipments
- of these overseas computers, saying they're infringing on Apple's U.S.
- copyrights. The imports sell for a fraction of the real Apples and use
- the same operating system. The ruling takes effect April 29th, unless
- it's vetoed by President Reagan (which appears unlikely).
- ----
- CONTACT: INTERNATIONAL TRADE COMMISSION
- WASHINGTON, D.C.
- 202-523-0161
- ----
- [***][2/28/84][***]
- TV MAKES NEWS:
- This is one of those--who do you believe?--stories. KWWL-TV of Waterloo,
- Iowa is denying a charge by Drake University that one of its reporters
- broke into the school's computer for the sake of a TV news story. Drake's
- computer was down for two days because of an unauthorized break-in, and
- Drake's vice president is pointing the finger at the KWWL reporter.
- The management of the station is saying it will protect the identification
- of the perpretrator and the victim. This week the 5-part series on
- computer security is airing on that Iowa TV station, reported by Van
- Carter. VP of news at KWWL, Grant Price, claims several computer "fanatics"
- helped Carter put together the series, and that they were not recruited.
- Once Carter realized the extent of their break-in, however, he alerted
- "authorities" in order to block the perpetrators. No one is threatening
- any legal action at this point.
- ----
- CONTACT: GRANT PRICE
- KWWL-TV
- WATERLOO, IOWA
- 319-291-1200
- ----
- [***][2/28/84][***]
- VIDEO TRESPASSERS:
- Joining in the call for a halt to unauthorized break-ins of computer
- systems is the Videotex Industry Association. During its conference
- this week, the association called for state and national legislation
- to "get tough" with this form of crime. The trade group says "hacking" costs
- them money and time. There are currently 23 states which have made
- breaking into a computer illegal; in most of them the offence is
- treated as a misdemeanor.
- ----
- CONTACT: VIDEOTEX INDUSTRY ASSOCIATION
- WASHINGTON, D.C.
- 202-429-7054
- ----
- [***][2/28/84][***]
- IN-HOUSE FROM ECKHOUSE:
- John Eckhouse, "Technology" reporter for the San Francisco Chronicle,
- says Steve Jobs was almost bumped from the speaker list at Softcon.
- He says Jobs was preparing to give a pep talk on the MacIntosh computer
- rather than an industry overview, a battle ensued with the Apple exec,
- and finally, Jobs won. His talk before Softcon included the "1984"
- commercial and lots of good things about the Mac.
- ----
- [***][2/28/84][***]
- NEW COMPUTERS OF THE WEEK:
- Alright, here's this week's lineup: officially announced was an IBM-
- compatible personal computer from Mindset Corporation. The Mindset
- features color graphics comparable to the IBM and runs from $1100 to
- $2398. This is the first product from this fledgling company.
- Also rumors are rampant than the giant ITT Co. is set to introduce
- its "Xtra" computer in mid-April. ITT is now working on an ad campaign
- to promote the 128K, 16-bit, IBM-compatible machine. No price has
- been quoted but my sources say the "Xtra" will cost no more than an IBM
- PC.
- ----
- CONTACT: INTERNATIONAL TELEPHONE & TELEGRAPH
- NEW YORK, NY
- 212-752-6000
- ----
- MINDSET
- SUNNYVALE, CA.
- 408-737-8555
- ----
- [***][2/28/84][***]
- A VOICE FROM TEXAS:
- Texas Instruments, determined not to be forgotten, is pushing a new
- speech command module for its desktop computers. The $2600 unit
- which plugs into both the "Professional" and "Portable" computers,
- is capable of recognizing 50 words or phrases and must be reprogrammed
- for each user's voice. It's designed to take the fear out of computer
- operation, according to TI spokesmen, but at $2600, it doesn't do much
- to alleviate users' "empty pocket" syndrome!
- ----
- CONTACT: THOMAS ELLIS, VP
- TEXAS INSTRUMENTS, INC.
- DALLAS, TX
- 214-995-3481
- ----
- [***][2/28/84][***]
- PRICE HIKE:
- Commodore has raised the prices on 100 software programs by 10 to 50
- percent. The action comes as spokesmen say, "We were far below the
- market in price, and some people equate quality with price." The
- price hikes for Commodore 64 and VIC-20 computers actually are not
- really hikes: the new prices are the same as they were in June of last
- year, just before Commodore slashed software prices.
- ----
- CONTACT: STEVEN GREENBERG
- COMMODORE INTERNATIONAL LTD.
- WEST CHESTER, PA
- 215-431-9100
- ----
- [***][2/28/84][***]
- THE TOWER OF BABBLE:
- In case you didn't already know, there's no shortage of "analysts" who
- cover the computer and electronics industry. Forbes Magazine quotes
- the Financial Analysts Federation as saying there's a 65% increase
- in members who follow the software industry, a 54% jump in those
- covering hardware, and a 47% leap in those covering telecommunications.
- ----
- [***][2/28/84][***]
- COPS 'N COMPUTERS:
- This week San Francisco police are saying a computer system that
- analyzes fingerprints, which is just now being installed in the city's Hall
- of Justice, helped them solve a six year old murder case.
- Police entered into the computer a fingerprint taken in 1978
- from a homicide victim's windowsill. Immediately the computer matched
- up the print with a San Francisco man--who, ironically, is a computer
- operator at Crocker Bank--and police arrested him. Mayor Feinstein
- was quoted as saying, "Crime fighting as taken a great leap forward,"
- as a result of this first arrest.
- ----
- CONTACT: FRANK FALZON, HOMICIDE INSPECTOR
- SAN FRANCISCO POLICE DEPT.
- 415-553-1145
- ----
- [***][2/28/84][***]
- WORLD'S FASTEST COMPUTER:
- Lawrence Livermore Laboratory claims to have it: a $12 million dollar
- Cray X-MP that performs 200 million calculations per second. A Lab
- spokesman says the computer, actually two computers in one, is faster
- than any in Japan right now. He says scientists at the Lab will use
- the supercomputer to simulate nuclear fusion experiments, X-ray lasers
- and the paths of particle beams.
- ----
- CONTACT: ROBERT BORCHERS, ASSOC. DIR FOR COMPUTATIONS
- LAWRENCE LIVERMORE LABORATORY
- LIVERMORE, CA.
- 415-422-1100
- ----
- CRAY RESEARCH, INC.
- WISCONSIN
- 715-235-4695
- ----
- [***][2/28/84][***]
- COMPUTER REPAIR SERVICE:
- General Electric hopes to garner a good share of the $2 billion computer
- repair market with the opening of 60 repair centers nationwide. All
- computer types will be fixed by the new G.E. repair centers, and
- customers will even get access to "loaner" computers while their
- machines are out of service. The company will offer either one-shot
- repair services or annual contracts. Plus, G.E. promises to make
- "housecalls".
- ----
- CONTACT: GENERAL ELECTRIC COMPANY
- INSTRUMENTATION AND COMPUTER SERVICE DEPT.
- NEW YORK, NEW YORK
- 212-772-0637
- ----
- [***][2/28/84][***]
- OUT OF THE GAME:
- The Oakland A's baseball team has dumped its computer system, saying
- it was more expensive than it was worth. The A's were using the
- computer to analyse the performance of the players, but Manager
- Steve Boros says he seldom even used the data the computer would
- deliver. The computer will still stay at the club, but won't be
- used much any more.
- ----
- CONTACT: STEVE BOROS
- OAKLAND A'S
- OAKLAND, CA.
- 415-638-4900
- ----
-
-