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Show i Silicon Chip Adds New Zip in Race to Sell Personal Computers By Peter Coy AP Business Writer NEW YORK The American obsession with speed is reaehing the office desktop this fall with a new generation of personal computers Computer experts say microwhich work processors of its class on 32 bits of data at a time could art until remain the the turn of the century "The 386 chip is the chip of the future," said Norman Lombino, spokesman for Corvus Systems Inc of San Jose, Calif which announced three weeks ago it was the first to begin shipments of an machine. By drastically lowering the cost of computing, analysts say, the 80386 (pronounced threatens to make many midsized minicomputers and small mainframes obsolete. - state-of-the-P- that can scream through more than 2 million instructions per second On Tuesday, Compaq Computer Corp. of Houston is expected to announce its entry into ultrafast PCs at the Palladium, a swank Manhat- , 80386-base- tan disco The machines soul is a new microprocessor from Intel Corp,, the 80386, which puts a small mainframe computer's power into a silicon chip. Sbr Salt high-spee- d Calcf Over time, sav the experts, the chip should make possible big ad vanees in the use of personal computers in such fielus as artificial intelligence and computer-aidedesign As many as 15 people could work off a single machine. But until designers make full use of all the chip s features, the main use of the new personal computers will be to run existing PC software twice as fast as the current top of the line, IBM's PC AT and its clones In other words, the first computers using the nw chip will be like battleships prohibited from using their biggest guns That will limit i out having to raise premiums. Mr. Pitcher was referring to a process which the Salt Lake company began in 1981 in anticipastatus would tion that its soon be eliminated. He explained, We have tried to put our subscribers in the lower cost-typ- e health care alternatives, such as HMO (Health Maintenance Organizations and PPOs Preferred Provider Organizations." Blue Cross operates those pro- - If Congress approves the sweeping package of tax reforms, Blue Cross Blue Shield of Utah would lose its status in 1987. That means, if its tax assessment were based on its 1985 results, the company would have to pay about $400,000 in taxes. But Blue Cross President Jed H. Pitcher said Monday the company will likely be able to "manage its way" through the tax payment with City-base- d GSOKSVUST by Brendan Boyd WHAT THE HAVES HAVE ranked by their of Americans The top 10 income own 80 percent 85 percent 92 percent of all mutual funds of all stocks grams on the premise of providing "managed care, said Mr. Pitcher. That means the care is largely managed by a primary care physician who coordinates all of a patient's care from the initial treatment to release from a hospital, he said. Mr. Pitcher said Blue Cross also has diversified its health insurance offerings by becoming partners with St. Mark's Hospital in the Salt Lake Surgical Center, for example. The company has also entered into an arrangement with the University of Utah Medical Center to provide health care and has formed another HMO called UCare, he said. The other thing we need to do, is provide more education, more health promotion," said Mr. Pitcher. The Blue Cross president said the company began receiving some financial relief from the burden of federal taxes July 1 when Utah's new insurance laws went into effect. Under the law, the company no longer was required to pay a 24 percent state premium tax. Does Blue Cross plan to raise the deductibles or change coverages to help compensate for its new tax load? That is in the cards," Mr. Pitcher said. "Insurers change deductibles and benefit structures all the time. of all municipal bonds SOURCE: Business Week (June 23. 1986) Experts See Good Days for Buyer As Used Cars Flood the Market - firm Integrated Automotive Resources Inc. O'Grady noted that many more new-ca- r buyers will leave their old cars at dealerships within the next month before most incentives programs expire in early October, just before the 1987 models become avail- About 1.5 milDETROIT (UPI) lion used cars will show up on dealer lots and in classified advertising sections around the nation as a result of the latest round of low finance rates by automakers, industry analysts said Monday. The latest offers, sparked Aug. 28 by General Motors Corp. when it introduced financing as low as 2.9 percent on more than 1 million cars and trucks, makes it a good time for those unable to afford new cars to start looking at used ones. It's a buyer's market and will be more of a buyer's market in about two or three weeks," said industry analyst Thomas F. O'Grady, who heads suburban Philadelphia consulting able. "Those interested in used cars should be looking now," he said. "Many dealers will be much more ready to bargain when their lots are flooded with trade-ins.- " Arvid Jouppi, an industry analyst in Detroit, estimated the latest incentive programs offered by top U.S. carmakers will result in an additional 1.5 million used cars in the market. 1986-mod- What about laying off employees or giving them more duties? No layoffs, said Mr. Pitcher. But, employees may get more duties. We want to emphasize quality, efficiency and good customer service." Blue Cross employs 650 people in Salt Lake City, 40 in Ogden and 10 in Provo. Nevertheless, because of its preparations, Mr. Pitcher said, Blue Cross Blue Shield of Utah is possibly in better shape than its 79 counterparts across the country. Under the proposed tax law, Blue Cross Blue Shield operations across the country would be taxed 10 percent on their reserves when they're equal to three months or less of the company's premiums. Reserves are defined as a health insurance company's income that exceeds its expenses. Mr. Pitcher said Blue Cross Blue Shield of Utah will pay the 10 percent tax. He said that in 1985 Blue Cross' reserves amounted to $4 million, thus the tax payment of $400,000. Blue Cross Blue Shield of Utah claims to provide health insurance to d 500,000 Utahns, or roughly of the state's population. one-thir- Tuesday Section Exchange Sept. 8, 1986 UP VOLUME 537 0 0 SHARES "pre-clones- " 9, 1986 Morning-Septem- ber D Page TRADED 2,021 1,106 Bankruptcy Court in Dallas. The judge also ruled that any bankruptcy proceedings filed on behalf of the Hunt's Penrod Drilling Co must be filed in Dallas, according to court records. Placid Oil, the Hunt trust and Placid Building & Service Co., which owns 27 percent of Thanksgiving Tower in downtown Dallas, filed petitions for reorganization under Chapter 11 of the federal bankruptcy law. The case has aroused nationwide interest because it is an indication of how the collapse of world oil prices earlier this year has affected the fortunes of one of the wealthiest U.S. families. The Hunts are trying to stave off foreclosures on property by 23 banks seeking more than $1.5 billion. Sons of the late oil tycoon H.L. Hunt, they have sued the banks for $14 billion, claiming the banks conspired to run two of their companies out of busi- Dow Drops Another 11.11 Points As NEW market n Jitters Surface Interest-Rat- e - YORK (AP) The stock posted a broad loss Monday as concern persisted over rising 1 file a motion to transfer bankruptcy petitions from New Orleans, where they were filed last month, to U.S. transferring their bankruptcy cases from New Orleans to Dallas The attorneys for William Herbert Hunt. Nelson Bunker Hunt and Lamar Hunt went to the 5th U S. Circuit Court of Appeals in hopes of overturning a Thursday ruling by U S. District Judge Barefoot Sanders of Dallas. Sanders ordered the Placid Oil Co.. a Placid subsidiary and the William Herbert Hunt personal estate trust to ISSUES DOWN 80386-base- - 378 J a The concern is that no one will want to buy an 80386 based computer until they se IBM's A customer might encounter trouble by buying a machine that turned out to be incompatible with IBM's offering Companies that have introduced nickcomputers named say they aren't afraid because any IBM machine will have to run the huge body of software already written for the PCs, guaranteeing compatibility. NEW ORLEANS (AP) Attorneys for the billionaire Hunt brothers of Texas asked a federal appeals court Monday to block a judge's order 153,300,000 A UNCHANGED software called Hunt Brothers Attorneys Appeal Transfer Order The Market In Brief York Stock of BIOS for PC ciones What frightens some buyers and designers is that IBM has not marketed a machine based on the 80386. s 32-b- New sells a piece Intel does not have the entire market AT&T, Motorola Inc and National Semiconductor Corp sell them The Japanese, though successful in taking over the memory chip market, remain distant also-ranBut the new chip from Santa Clara, Calif based Intel is special because it runs all software written for the 5 million to 6 million personal computers built by International Business Machines Corp and makers of compatible machines "It's the world's largest library of applications," said Steve Iaiker, spokesman for Phoenix Technologies Ltd of Norwood, Mass which BllsilllGSS Srilmnr Utahs Blue Cross Says It Would Save Premiums From Tax Reforms Bite By Joe Rolando Tribune Business Writer their appeal, but the firepower will entice some customers "The speed of these machines is addicting, just like power is in real life Once you get some you want some more You can never get enough," said Gary Hobertson, sales and marketing manager for the Software Link Inc of Atlanta, which makes a multiuser operating system for 80386-basecomputers Sales of microprocessors should reach $195 million by 1990, and the total market for equipment based on the chips could be many times that, predicts Dataquest Inc., a San Jose, Calif based market In the credit markets Monday, interest rates rose for the fifth straight session. Prices of long-tergovernment bonds, which move in the opposite direction from interest rates, dropped about $5 for every $1,000 in face value. Low inflation and falling interest rates have been central themes in the bull market in stocks over the past four years. in- terest rates. The Dow Jones average of 30 industrials, down 19.96 points on Friday from Thursday's record closing high, dropped another 11.11 to 1,888 64. Volume on the New York Stock Exchange slowed to 153.30 million shares from 180.62 million Friday. Analysts said investors were still unsettled by the prospect of an economy that at last seems to be picking up some momentum. ness. The banks argued that the bankruptcy petition could be handled more efficiently in Dallas. The Hunts' attorneys said that most of the affected companies' assets are in Everyone needs a brother can count on! 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