Wordperfect executive is forced out
Article Abstract:
W.E. 'Pete' Peterson, executive vice president at WordPerfect Corp, has resigned in what is being seen as the first attempt to fight off competition from Microsoft Corp. Peterson was forced to resign even his directorship, but a WordPerfect spokesmen said that Peterson had resigned to investigate other options. Peterson does acknowledge that his management style is abrasive and may have aroused acrimony among his employees, but he had not expected this result from WordPerfect. WordPerfect ranked fourth in the software industry, with $533 million in revenue, following Microsoft, Lotus Development Corp and Novell Inc. WordPerfect's recent WordPerfect for Windows has sold roughly 700,000 copies, but its market share of the Microsoft Windows market for word processing is only 30 percent. WordPerfect is less diversified than its competitors, adding to its market difficulties. Peterson's ouster is part of a reorganization in marketing, development, management and corporate direction.
Publication Name: The New York Times
Subject: News, opinion and commentary
ISSN: 0362-4331
Year: 1992
User Contributions:
Comment about this article or add new information about this topic:
An Apple PC version of 1-2-3
Article Abstract:
Lotus Development Corp introduces its 1-2-3 spreadsheet program for Macintosh microcomputers. The product was delayed, which has allowed Lotus's rival, Microsoft Corp, to develop a lead in the market with its Excel spreadsheet program, but Lotus vows to catch up. Apple Computer's Chmn John Sculley spoke at Lotus's annual meeting, saying that he had been skeptical, but Lotus's new product 'will meet any scrutinizing that any skeptic might have.' Apple does not have a direct stake in Lotus's new product, but the new spreadsheet will no doubt benefit Apple, making it easier to sell Macs. Moreover, Lotus's spreadsheet has a capability to read spreadsheet files from an IBM or a compatible computer, either from a disk or via a network.
Publication Name: The New York Times
Subject: News, opinion and commentary
ISSN: 0362-4331
Year: 1991
User Contributions:
Comment about this article or add new information about this topic:
How a 'hacker' sees Clinton's plan
Article Abstract:
Geoffrey S. Goodfellow, a computer hacker who has become an entrepreneur by starting his own company, is somewhat optimistic about Pres Clinton's economic plan, though he does not generally favor government interference in business. Goodfellow's tiny company, which is called Radiomail Corp, functions as a routing service for customers with wireless communicating devices. The service uses both the public telephone network and wireless data networks such as the RAM Mobile Data system. Clinton's economic plan could benefit start-ups such as Radiomail because the president proposes an investment tax credit to encourage small businesses. Silicon Valley venture capitalists also support the president's plan.
Publication Name: The New York Times
Subject: News, opinion and commentary
ISSN: 0362-4331
Year: 1993
User Contributions:
Comment about this article or add new information about this topic:
- Abstracts: Chief executive quits at Cray Computer. New Autodesk chief was executive at Sun
- Abstracts: Pyramid executive helped A.T.&T. win big contract. Next finds a president in telephone industry
- Abstracts: U.S. chip makers stem the tide in trade battles with Japanese
- Abstracts: A keyboard squeeze finds room for mouse. Now, repeat after me: the quick brown fox. A tiny telephone link to the world
- Abstracts: Computers give trucker an edge. Satellite system helps trucks stay in touch. President of Xerox is elected chairman