Software star on a roller coaster

Article Abstract:

Alias Research Inc established itself in industrial-design software almost by accident. In 1985, Stephen R.B. Bingham, who started Alias as a computer-animation company, was in Detroit to sell animation software for making automobile commercials, but consequent to a meeting with General Motors (GM) design engineers, Bingham came away with $1 million of contracts for automobile-design software. Now, Alias might have a bright future in industrial-design software, which could be a multibillion-dollar market by the end of the 1990s. Bingham believes that his company, with sales of $23 million in 1990, could become a billion dollar company in the decade. But lately, Alias's stock has not done very well. The stock was down to $8 a share on Sep 27, 1991 after an announcement that the company expects a loss in the 3rd qtr. Nevertheless, Charles Finnie, an analyst with Volpe, Welty & Co, says 'for people with some tolerance of risk,' Alias could be a good investment.

Prepackaged software, Computer integrated systems design, Computer software industry, Software industry, Profits, Securities, Computer-aided design, Computer aided design, Computer animation, Animation software, column, Financial Analysis Software, Company Profile, Third Quarter, Profit, Stock, Losses, Alias Research Inc., ADDDF

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Canada ending phone monopoly on long-distance calls

Article Abstract:

The recent decision of the Canadian Radio-Television and Telecommunications Commission to end Bell Canada's monopoly of long-distance service opens up the $7.5 billion market to new competition. The two companies that stand to benefit immediately from the ruling are Toronto-based Unitel Communications Inc and BCRL, a joint venture of Call-Net Telecommunications Ltd and B.C. Rail Ltd. The commission hopes that the increased competition will lower the long-distance rates in Canada and spur the national economy. It is also thought that the move will ultimately lead to a US presence in the market. Bell Canada is disappointed at the ruling, and stands to lose considerable business as a result. The long-distance monopoly claims that increased competition in long-distance service will raise the rates of local service, much as the US company AT&T argued prior to the breakup of its monopoly.

Canada, Laws, regulations and rules, Telecommunications services industry, Telecommunications industry, Competition, Government Regulation, Unitel Communications Inc., BCRL

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Report warns of decline of U.S. electronics industry

Article Abstract:

A report from the United States Department of Commerce indicates that the $200 billion-a-year U.S. electronics industry is losing global market share and is experiencing a downward trend in receiving patents. The report raises political issues about the government's role in promoting industry growth. Bush administration officials contend that tax credits for research and development, antitrust exemptions for joint manufacturing consortiums, relaxed export-control regulations and cuts in the capital gains tax will create the atmosphere in which industry can flourish. Democrats believe the government should take a more active role. The Japanese have more than doubled the number of U.S. electronics patents they received in the mid-1970s and lead in many processing technologies.

ELECTRONIC & OTHER ELECTRIC EQUIPMENT, United States, Reports, Economic policy, Electronics industry, International competition (Commerce), International competition (Economics), United States. Department of Commerce, Market share, Electronic Industry, Policy, Japanese Competition

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