High-Tech Vision
Article Abstract:
Minnesota Mining & Manufacturing Company (3M Corp.) is showing a new outlook in its products and directions. Its emphasis right now is on new technologies. The recession affected its earnings, but the first quarter earnings in 1984 are up 11.4 percent over last year. Operating profit margins were up by sixteen percent. Second quarter profit margins are expected to be even more. 3M believes electronics and information technology products will double their profit margins within five years. 3M's new product is an optical storage disk. These disks will be able to store up to 80,000 pages of text. There is great competition for this new product, though 3M has already invested millions to develop the product.
Publication Name: Barron's
Subject: Business, general
ISSN: 1077-8039
Year: 1984
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No Mean Street
Article Abstract:
Advertising companies are ready for one of their best years over. Business is booming in the industry. Revenues and earnings are expected to increase, while labor costs have recently been controlled. The large agencies believe their continued success depends on their ability to offer full service to clients around the world. Global and domestic acquisitions are also important to agency success. Most stock analysts find it difficult to pick one stock. They believe the whole group is undervalued.
Publication Name: Barron's
Subject: Business, general
ISSN: 1077-8039
Year: 1984
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Diamonds to Dogs
Article Abstract:
The Unlisted Market Guide reports on obscure, over- the-counter companies. It lists stocks that cannot be found elsewhere. The good stocks usually zoom skyward when listed. Scott Emerich likes his staff to be flexible. The Unlisted Market Guide may be taken public this year to promote growth.
Publication Name: Barron's
Subject: Business, general
ISSN: 1077-8039
Year: 1984
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