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Show " S3 ... T" a bi a 3 js ft 51 Sunday, December 8, 133t Jaek also wants to leave his legacy off r'" PC printers' primer iW TBTW-- nyai answers questions 1 ; ...... - .jjf. the golf course NORTH PALM BEACH, Ra. Jack Nkklaus, the busi(AP) nessman, is hoping to leave a lega-e- y off the goif course. Having set the standards by which all professional golfers are measured, Nicklaus is setting ambitious goals for his corporate holdings, which already extend far By LARRY 8LA3SCQ Associated Press Writer stable is hs high-tec- tt 4 3 f.4 yfcvfii Vrf PC Magazine sorts out the answers in its Nov. 26 issue, its eighth annual review of printers. The magazine's evaluations of 1 printers, while written for the technically astute, are first-rat- e. (Ziff-Davi- t? sf-S- Sn. cost? - fe .1 &Zm'm s) printers: The two major variables in selecting any printer are cost and output quality. If you're i doing things right, output quality climbs faster than cost. DOT MATRIX: At the low end, for $200 or less, nine-pi- a printers rip along and are perfectly adequate fot I AP Lassfphoto OoSf great Jack Nicklaus stands with a map amid what is in the works to become his first signature golf course in Scotland, the Monarch's at GseaneagSes. schools run with veteran instructor Jim Flick. ; than any other golfer in history. "I really enjoy being able to . computer- three-dimensio- id Submissions for conference deadline set Hastings-on-Hudso- three-footer- n, d Ias 3 s, th summary to the Institue by Jan. 10. Submission criteria is available at the Institute or by calling 595-114- 1. Nicklaus works closely with ABC Sports to produce instructional tapes (No. 2 in sales behind lane Fonda) and videotapes on from the Triple Crown to the Indianapolis 500. Golden Bear's revenues were estimated recently by Golf Digest magazine at $50 million a year. Fully 70 percent of the business is Jadone abroad, with its as market. biggest pan "What's the basis for his appeal?" asked Frank Hannigan, former executive director of the United States Golf Association. "I think it has to do with his manner. He behaves impeccably on the golf course. There is an aura of great dignity and fair piay . So conse- -. quentiy. if seUinglsoaie kiskfr.t of product , I'd certainly like to qk that kind qfimage. Nicklaus formed &&&& Bear to manage his career m 1970 after "J moving from Ohio to Florida. : One of his biggest corporate headaches developed when parent sought bankruptcy protection. Nicklaus' name was so closely wed to the golf supply company that he bought it in 1982 as a defensive move, and three MacGregor turned its first in profit 26 years. In 1985, Nicklaus formed an executive committee with four trusted advisers when he decided to golf-craze- s, three-footer- High-Grow- r w A general guide to computer express my feelings toward the game of golf to a piece of ground that will be around after my lifetime," he said. He has developed 82 courses in graphics capable of showing 21 countries. He considers Muir-Fieshadows on a green near sunset. Village in Dublin, Ohio, his 1 3"l got involved in it many years showcase, which is home of the Memorial Tournament, a tournaago more as a hobby than a business," said Nicklaus, winner of 1 8 ment he launched on the profesmajor professional titles, more sional golfers' tour. But not everything he has f f touched has turned to green and gold. His Bear Creek development near Hemet, Calif., and St. Andrews in N.Y., lost money. "We've made a lot of mistakes, just like everybody else. Trial and error. Mistakes and learning," "If I The Wayne Brown Institute has :onceded the annnounced that Jan. 10, 1992 will took at my life, I've missed a lot of and in business you be the last day for submissions to miss lot a of too." its Seventh Annual Utah Venture Nicklaus Forbes lists magazine Capital Conference Funding among the world's 10 highest-pai- d Opportunities for athletes, making all but $500,000 Companies. his $8.5 million in annual earnof The conference gives promising ings away from the course. a chance to present companies His name is perhaps best assotheir business opportunities to ciated with the MacGregor golf investors and other financial reline, but Golden Bear has 250 sources. To date, Institute conferences have helped raise some $40 trademarks in more than 40 counmillion for companies with strong tries. His ventures include video growth potential. and books, an upscale mailgames The conference is March 5, order catalog printed in English but 1992, companies wishing to and Japanese, and resort golf participate must submit a business -generated, much sense as calling tires "automobile peripherals." In both cases, if you want to do much more than listen to the engine hum, you need them. But what kind and at what .. :.-.- golf course h design business, headquartered witk his other ventures in a cement and glass office complex near his home. The design business is increasingly driven by peripherals" makes about as F beyond the normal realm of celebrity endorsements. ; 'Our thrust has been the last few years to try to develop a business to where it becomes business and not just a Jack Nicklaus office," says fee man known to golfers as the Golden Bear. The corporate colors of Nicklaus' Golden Bear International are appropriately green and gold symbols of wealth as well as golf and his competitive nickname, r ."Unlike many professional athis Iiis own managNicklius letes, er; but that's just one of many tasks Bitfae array of operations under his business umbrella. Leading the Calling printers "computer V : Mac-Grego- years-later- ' r's , dot-matr- program listings, printing checks and account books, take a more active role in the company's direction. A major goal was to shift emphasis to ventures that will live on after Nicklaus, a tournament golfer for 30 years, quits the game." He currently splits his limited play between the regular professional tour and the seniors circuit, where many of the sport's aging heroes over 50 now compete.. The search for more enduring business legacies required a shift d from services to ventures to create "more balanced of an organization that requires less of his time," said Golden Bear President Dick Bellinger. "The hardest part is probably getting to a point where I try to ' figure out how do I not become the central focus of my business," Nicklaus saidvWe said oaj Use tax perspective valuation of my business, iS were gone tomorrow, ; what percentage Jof my isisincss l was I worth? Probably 90 per- ' . product-oriente- , cent." " ix mailing labels and general utility work. They form letters when little piss in the print head slam a ribbon against the paper, leaving a dot of ink. The pins are in a matrix and the output the prelooks "computery" dictable result of the ragged edge produced by aligning all ' those little dots. If you add more pins, the dots get closer together and look bet18- - and ter. For printers produce better quality text and o graphics. Most dot matrix printers handle both continuous forms (paper with the holes along the sides) or single sheets.. They're noisy. Cost of ribbons is (relatively) cheap. , Speed is less maa a saiglespace; typewritten page per minute. $200-$60- 24-p- in 0, dot-matr- ix so-s- : INK-JE- ; Jnk-j- et printers to $1,000. They form images by squirting microscopic blobs of ink at the paper. It's hard to tell their text output from that of lasers. many higher-price- d Graphics are good. Operation is quiet. The output will smear when wet. Although many think of ink-jprinters only for sheet-fe- d paper like the office copier, some now handle continuous forms. And speeds have picked up to equal those of fast et dot-matr- ix machines. In the $500-rang- e, would be the an ink-jprinter of choice, but towards the $1 ,000 level you have to ask yourself why not go whole hog on a laser. et LASER: Laser printers form images by using a light source to charge areas of a drum. The light source is usually a bser, sometimes an LED diode). Toner sticks to the charged areas of the drum and is transferred to the paper. A heat source then bakes the toner onto the paper. Lasers use sheet-fe- d paper and will produce 4-pages of text per minute. The most common resolution is 300 dots per inch, but (for $7,000) you can get 1,000 dots per inch. . Lasers are quiet, do a good (light-emitti- 10 job on graphics, and cost $1,- -. depending on speed, memory, kinds of type (fonts) available and expansion capability. Almost any printer you select will have an parallel interface built in. 000-57,00- 0, IBM-compatib- le CompuBug is an Associated Press feature cm computers thst runs m The Daily Herald on Sundaysia the business sectvon. ran from $500 (sometimes Iess v To a devoted father of five, ages 18 to 30, that was too much. "That is not leaving much of my business to my kids," said Nicklaus, whose business employs four ofhischildren. To that end, Golden Bear now has a sports management arm that gets endorsements and performs other services for such clients as the Baltimore Orioles' Cal PJpken Jr. and ice skater Dorothy Hamill. IRA's STILL MAKE GOOD SENSE! 1) Higher Interest Rates Call TcdSV To Roll Your C.D.'s 2) Interest is Tax Deferred. 3) IRA's can still be Tax Deductible. Into a Tax Deferred Annuity. Rom Schoftokt 909 N. 200 W., Provo 374-033- 5 (7rt Atfnt nn CO. The summaries are reviewed by investors a panel of distinguished wo m from around the United States. The proposals that are judged by the panel most feasible for funding will be selected and coached by teams of experts in marketing, fi- fZJcOHPUTiRS rrsrr o oo ouooo-orS nances, legal, management and other skills needed for success. After this preparation, they will present at the Conference on For more information contact Brad Bertoch, Wayne Brown Institute, 102 W. 500 South, No. 315, P3.0. 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Retail list price: $1,995. Jk XX Associated Business Products SERVICE THAT CANT BE FXJPUCATED Tha City of Provo has extended the date to sell at public auction to the highest bidder for cash with no contlngincies ten (10) acres more or less, subject to a final survey. The property Is located near the mouth of Rock Csnyon, East of Iroquois Drive, North of 2300 North, Provo, Utah." Sale Is subject to final transfer of title of the property from the U.S. Forest Service to Provo City. "Sale of the property will be held on December 16, 1991, 12:00 Noon, local time in the Provo City Council Chambers, located at 351 W. Center, Provo, Utah." Interested parties must prequaiify to bid by depositing $50,000.00 (cash or cashiers check), and financial statements Indicating the ability to purchase the property with the Provo City Recorder by December 16, 1991, 11:00 A.M. local time. All principle parties must be Identified to avoid any conflict of Interest. The City sells the property "as Is" and makes no warranties or guarantee regarding the suitability, future rezoning, or the buildability on this property. The zoned is (Agricultural Zone). Srcperty bid currently for this property Is $50,000acre. Bids for a portion of the acreage will be rejected. The deposits of unsuccessful bidders will be returned. Tho deposit of the successful bidder is nonrefundable except for failure by Provo to transfer title. The deposit will be placed In an interest bearing escrow account until final closing on the property, March 1, 1992, subject to transfer of marketable title. The total bid price will be due and payable not later than five days after the notice of property closing, otherwise there will be a forfeiture of deposit and the property wli. be offered to the next highest bidder or reoffer for sale. Provo City reserves the right to reject any and all bids received. For further Information contact Les Hoiden, Purchasing Manager, Provo City, Utah (801) - A-1- -5 379-654- 1. i |