The Cable and Wireless conundrum

Article Abstract:

Cable and Wireless PLC reports that pre-tax profits are up 15.5 percent for the fiscal year ended Mar 31, 1991. Because 60 percent of the British telecommunication company's earnings are US dollar based, the strength of the dollar during the past five months means that the earnings outlook for the current fiscal year is especially good. Cable and Wireless is headquartered in London but one of its main businesses - Hong Kong Telecommunications - is in Hong Kong. Forty three percent of Cable and Wireless's revenue and 59 percent of its profit came from Hong Kong Telecommunications in 1990. In spite of FY 1991's performance and the outlook for the next year, investors have doubts about Cable and Wireless's stock; their doubts show in the stocks volatility. There also is the larger uncertainty of Hong Kong reverting to China's control in 1997, as well as questions about the effects of government decisions on the British telecommunications industry and tax rates.

COMMUNICATION, United Kingdom, Finance, Telecommunications services industry, Telecommunications industry, Profits, Hong Kong, Cable & Wireless PLC, column, Great Britain, Telecommunications, Outlook, Profit, Stock, Financial Report, International, CWP

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This computer loves to dance

Article Abstract:

LifeForms, a computer program developed at Simon Fraser University, allows instantaneous transcontinental choreographing by using a computer screen with three visual components: a sequence editor, a stage and a timeline strip. The sequence editor allows a choreographer to create, edit and customize body movements and store them for future use. The stage element can be manipulated to allow any vantage point on which a number of figures can be placed. The timeline strip visually summarizes each figure's body positions. The choreographing software is being tested by Merce Cunningham, one of the prophets of modern dance. He will do the choreographing electronically at the Jacob's Pillow Dance Festival in Massachusetts; his output will be transmitted as he is doing it to the participants of the international conference on dance and technology at Simon Fraser University, outside of Vancouver, CN.

Colleges and universities, Software, Vertical market software, Universities and colleges, High technology, Information management, Dancing, Dance, Product introduction, Theater, Choreography, Animation software, New Technique, Entertainment, Simon Fraser University

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