Shareholders discuss challenges facing Digital
Article Abstract:
DEC shareholders gathered in Manhattan to analyze the company's prospects. Approximately 35% to 40% of DEC's shareholders attended or listen over the telephone. Providence Capital's Pres, Herbert Denton, is the man that organized the meeting. He is polling the attendants to determine if they would be willing to sign a letter to the nominating committee of DEC's board. The letter asks the board to have Providence suggest candidates for the three empty board seats. Over half of DEC's board is over 70 which is causing some concern amongst its shareholders. A DEC spokesman quickly rejected the idea claiming age is not a bases for judging a person's effectiveness. DEC stock was down 12.5 cents to $37.375 a share.
Publication Name: The New York Times
Subject: Business, general
ISSN: 0362-4331
Year: 1997
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2 Alliances aim to create PC alternatives
Article Abstract:
High-technology giants Sun Microsystems, I.B.M., Lucent Technologies, and Motorola are collaborating on a system to make computers communicate with other "smart" objects such as telephones and televisions using Sun's Java programming language. Separately, U S West and Network Computer Inc. have teamed up to produce a new service called AT-TV which will also utilize telephones and televisions with the Internet. The goal of both projects is to make the Internet accessible through a variety of mediums and also to standardize electronic networking codes throughout the industry.
Publication Name: The New York Times
Subject: Business, general
ISSN: 0362-4331
Year: 1999
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