The MacNeil/Lehrer NewsHour
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- Transcript
doo doo doo doo doo doo doo doo doo doo doo doo doo doo doo doo doo doo doo doo doo doo doo doo doo doo doo doo doo doo wah wah wah it's both president reagan said tonight the us marines will stay in london on the
spike the casualties they're taking four more just today suffering slight wounds at a news conference with reagan also defended the us right to provide covert military aid the anti sandinista guerillas in nicaragua without confirming the us is even doing so with the paces from the news conference tonight was a documentary look at pakistan a country ceiling with troubled troubled a broken the violence and death had a problem and we'll hear the profitable commercial future president reagan four seasons space we also examine the volatile computer industry where one leading manufacturers profits are falling while another is riding high we profile a computer entrepreneur who thinks his business is war the macneil lehrer newshour is funded by at and t the corporation for public broadcasting and this and other public television stations the two places in the world that have been dominating us policy and
interests dominated again today eleven on there were both military and diplomatic developments while central america the action was here were covert raid antigovernment guerrillas in nicaragua the lebanese news included the loneliness for more us marines when a bomb exploded near a marine truck in southern they rate their injuries were described as minor the death of at least two lebanese soldiers and six of am so a renewed outbreak of artillery and gunfire with in beirut and in the shoe mountains overlooking the city it amounted to one of the most significant reaches of the cease fire since it went into effect three weeks ago it was attributed to lebanese army attempts to cope with sniper another attack from shiite muslim a druse militia and the first meeting tomorrow the ceasefires national reconciliation committee has been called off as three of the nine lebanese factions sector within the meeting reaffirm their objection to the meeting place the beirut international airport they claim it would be un say despite its been under the protection of the sixteen hundred men us marine corps there at his news conference the first question of
president reagan tonight was on nicaragua a nicaraguan there were no protections today the house will say no the covert us aid for the country as the anti sandinista guerrilla group waging a ground war against the nicaraguan government from bases and honduras and costa rica house majority leader jim wright joined earlier predictors of such action including house speaker thomas o'neill voters than tomorrow as part of an intelligence funding bill and that the democratic majority does vote to cut off the aid it will be a major foreign policy defeat for president reagan a successful con to raid last week against nicaragua's oil and gasoline supplies tighten the
debate within the mouse about the use of us funds and the cia in support of the guerilla actions robin we're going to hear both sides of the covered a debate in the congress first we're both sides in the struggle in nicaragua from a key member of the sandinista leadership and only your other countries are rebels last week on assignment for us charles krauss talked in managua with and better ortega nicaragua defense minister and commander in chief about the military situation the gnocchi is going to end the number isn't that i mean for the opening and what we see in the coming weeks is worsening and military factors and the real possibility of war with honduras the extent that honduras is becoming more fully and directly involved in the aggression against nicaragua them you know when you come within a new
five it's no longer the counterrevolutionary is receiving help from honduras but rather the counter use as part of us strategy to use honduras to distract our forces are and create conditions allowing hunters to make overwhelming attack against our revolution against us army yes when we got when you're expecting warwick and the united states about eight years ago and with one item in there are american soldiers in honduras with the logistical and advisors and more assurance of all kinds of materiel progression now when the united states is going to get directly involved in our world that i can't pretend i'm not a fortune telling wizard who can say exactly what will happen but i can affirm that the yankees in troops that
are in that if there's a conflict in honduras and a rising from the activities of the summer season and counterrevolutionary acts and then the possibility of us getting involved in a conflict is much greater when the thing people visit them and that you know you will the real scenario i think for the coming weeks in a serious deteriorating because efforts to help us efforts at understanding are not proceeding apace with the sabotage the village voice is a counterrevolutionary that's more likely to go she issues to build a new meaning in the senate that he knew that i was in the real drama
of the vote and the united states have a number of points to make what they believe nicaragua is fine i'm still sound like rather have a cuban and elsewhere for their number things that they don't like about nicaragua they're also asking us policy that we don't mind and we think that there can and should be analysis talks discussions mutual respect the framework that conditions were not abusing the strength of one of radio or without rhett without holding that later back in washington charles cross talked with a doleful calero commander in chief of one of the largest country groups the ft end or democratic forces of nicaragua kraus asked for is reading on the situation in central america well i would say the situation is really hard and the nazis in our efforts
to start is democracy by whatever means and that's the beginning right after the somoza overthrow the only political parties private enterprise but today ms davis and then used as the opera an astonishing the pentagon in january the shooter in dallas and the news does that we're ready to do about our arms as they would flow through the commitments that they've made los angeles dates for the moccasin or listen elections respect the human rights and since none of those committees have been through and we have been obliged to take up arms against this sea of problems that were that i wasn't going through why should the nicaraguan people or for that matter the american people believe that your group which has some assist officers into why should anyone believe that you are democrat there is
no proof positivity i think that the people who knew me and threw their life when they have prove to the people the wealth democracy for the moccasin as the reagan administration given you assurances that they will support you to that end we believe that there is a firm commitment on the part of his government and the principal the bones weren't like president reagan in the summer in the city officials they have one thing made mistakes when the demon boss that say the whole to what extent are cia advisors helping seniors will be a lot more fbi people for that matter where more are showing their identifications and no one who has shown his
vision and what is all of the money from the united states going for if the letters that as the nose in which is a militant group yes whatever we give girls funny i mean we have for the un mission we have been in for the needs that and i mean without now to the debate in this country between two congressmen who will speak on opposite sides tomorrow when the contract at issue goes to the house floor under peter krause meyer democrat pennsylvania and mark still vander republican michigan well there are members of the house foreign affairs committee guardsman customer you want the a couple was that correct or what well i think there are number of reasons the first is that it's clearly illegal against the law in december of nineteen eighty two congress passed the ball on the mend which was quite clear in prohibiting any expenditure or american funds to assist in the destabilization or overthrowing of
another element secondly i think it runs strong those that don't for a sparsely filled out of it are the what's your answer to the legality or eat well and we have other commitments a un charter of the oas agreement the real pay act the monroe doctrine by which we stand by commitments we've made to our fellow americans plus issue really is we're not out to overthrow the sandinistas nicaragua that is a misnomer in this understanding of the issues well i visited the country camps and saw fifteen sixteen seventeen year old kids heavily armed with machine guns they're there to overthrow the nicaraguan government not to influence the moderate policy of all the moments speaks not for the general principles and policies but specifically to nicaragua and it says the cia should not be expanding and that is now millions of dollars to assist in the destabilization or over for november when you see the purpose of their actions of the weather to clear purpose
is number one certainly were supporting the contrasts were demanding it phillip miller's neighbors and he says before at yours at american states free elections freedom of speech freedom of press freedom of religion labor unions none of which none of which have the in a fall through but is anything coverage secondly we're there to stop the export of arms and revolution which is clearly happening by the sandinistas especially specifically in el salvador and annexed territory her birthday himself like to be hundreds let me say two things first of all the bill which will consider tomorrow which cuts off covert funding for the contras provides fifty million dollars for arms interdiction so we're not suggesting the united nations aren't going from their virtual selves our absolutely we recognize that that's occurring to some extent it was which are how much we're not talking about some kind of unilateral irresponsible withdrawal of american involvement central america we authorize expenditure of fifty million dollars in nineteen eighty four to assess friendly nations and stopping the flow of
weapons from nicaragua to el salvador secondly the administration's concern with free labor unions elections democratic political principles doesn't apply in chile doesn't apply in argentina or in south africa the reagan administration's concern with these issues is really quite new as entrepreneurs it is not is nothing to what were attempting to do is force commitments freedom freedom a basic human rights and self determination i am more than willing to cut up awkward am i liked phil collins willing to contribute over again which implies a promise of potential involvement of all over all over or we're talking about a sustained freedom fighters in my opinion fighting for the freedom i want to cut it off yep sami says that are willing to cough or internationally supervised elections of the four saw seismic campaign freely during this is not their interference and after so whoever wins will take power and if they win the lab wins we should as a government agreed applaud all assistance aren't
what the people really want the marxist backed by seven thousand cuban troops to thousand soviet bloc advisors and eight hundred or a thousand people living is they're using a new drivers a base for exporting revelation if they want they let them have it to the law specifically congressman got more you read what the contra leader told charles grassley says he feels he has a commitment from the united states from president reagan secretary scholtes ambassador kirkpatrick for them for the us or if you all he wrote about this for all i think i was made its commitment very clear in december of nineteen eighty two when an adoptable men and the countries should should be aware of that the question is very simple don't see this is undercutting the president i think it undercuts a bad policy the policy which is to overthrow arbenz with whom we have some very legitimate disagreements among non and mire of the sandinistas the question is fundamental should the united states be in the business of overthrowing the rbs whose policies we did not agree with what you think would be the impact of a negative vote tomorrow so the impact of negative vote certainly will send ripples
that we have not made any firm commitment and sticking to our un church and that's a real packed members are far away its commitments towards asian american state in allowing repeat of the contention made were there to overthrow a nicaraguan dublin is iranians if instead tires and secretary of state an appraising a nice age of thousands not to overthrow the government like the illinois i'm here we very clear the impact will be simply that we don't accept a military solution we believe in a political solution to the impact of this building and they don't ask you both this question both they're both john we just turn off on the ground on both sides down there and say things are getting hot which how would the vote in that situation the introduction of arms has proven to be successful and got libyan vessels found fishing poles along the gravel coast used to export and store arms i talked to a
former assistant bassett are in the sandinista regime who are not opposed to my pleasure out of me answer well thank you i talk euro crisis an ambassador normally to honduras who has involvement in with his cubans and the soviets uses clearly at the involvement the coen brothers they celebrate their involvement the attention goes to stabilizing the bastion of revolution that cuba's make decisions at earlier committed to preventing el salvador or stop the arch of the newest worry about keeping a private stable stable so it will have a very negative impact you got my agree with ortegas and i know that the more the us supports the contras the more likely that one of the award honors well i when i think we have to have results what happens when the contras cross from honduras where they're based in the nicaraguan these raids in which they're engaging and the nicaraguan army pursues them into honduras i think the possibility of a wider war is it's a very realistic possibility of running
that risk if that should happen or so should the united states could enroll as say should not get involved the president said there will not be troops involved in combat in central america over twenty thousand american troops in central america now on the caribbean pacific coast of nicaragua and another eight to ten thousand troops based in were only asking for trouble it's awfully easy to send those american soldiers and it might be tough to get health care is what we ask for and every year or two we have a military maneuvers in honduras this is nothing new the difference is certainly the timing was appropriate and assure forrest wickman forty eight hours of our show a portion of celebration the contras effort to nicaragua all of a sudden a samizdat the first time in months come out with a six point peace plan pro is bada we're out or not no interest exclusion and the only way to do that is clearly that forces and eases into sitting down at the negotiating table talking about elections talking about freedom and self determination the opposite happen there they've turned more more than seventy
years i'm a very close to me and the leadership this afternoon and it's going to be terrible cause i can't predict at all the way i think we have a chance of winning by a very narrow margin i think that white way that congress will pass was a viking language it's unfortunately not yet yes i think they will not go through the senate so i encourage those freedom fighters nicaragua that while the congressman i keep up with their commitments least the house side is i hope the senate will maintain commitments that we've made to the freedom fighters to force their their opponents in negotiating table not a war but negotiating a lot we now have the comments about the nicaragua and lebanon situations president reagan made tonight at his news conference here's how that went to president this is the problem
i think covert actions have been a part of government the government's responsibilities for as long as there's been a government are not going to comment on what if any connection with such activities might have met with we've been growing the specific operations down there but i do believe in the right of the country one of the really even his interests are best served to practice covert activity and then when your people may have a right to know you can interview people know without fighting the wrong people know those that are in opposition which are doing it's been
and i'm thinking about it doing what we have been doing trying to complete the plan that we launched more than a year ago those we know their answers there and no one can feel more deeply about the loss of life and the wounding of song find them there we knew it was a hazardous undertaking when we joined in the multinational force but our objective remains the same we have made great progress there if you remember back to beirut itself was being shelled daily in an exchange of fire that was killing literally hundreds of civilians on a daily basis
wounding others previously that a ceasefire followed their apartment was created representatives to parliament were elected the israelis withdraw under the wall a river and announce their intention of withdrawing the disorders that have played lebanon for some eight years and of course taken over this was one of the reasons for a multinational force to try and have some stability while the government and incidentally i left out the fact that the lebanese army which had been created by this new going on which we dealt with training and supplies is a fine army not as big as it should be to the problems of confronted but the mission is to enable the lebanese government and its military to take over its
own country with the withdrawal of our forces earlier in that first cease fire and there was a successful ousting of some ten thousand of the plo militia from the country as long as there's a possibility of making the overall peace plan workers were going to stay at the white house at least in the middle east and bring about any conciliation want restoration of the legitimate right or this you've named exactly the goals of the plan that i proposed a year ago as september and it began with trying to straighten up the lebanese situation with the border of israel the northern border being violated as i was by terrorist groups innocent people are being killed they had a responsibility to try and defend that border now an agreement has been reached between the lebanese government and this is real
we are doing everything we can to persuade syria to quit being a roadblock in this process but that was the first phase let them and then in our attention remains the same working with the more moderate arab states to bring about the kind of peace with israel that anwar sadat help bring about our process is following the lead that was established in the camp david talks and the tool united nations resolutions to afford to win three three eight and this is what we want to do but especially as well as kind of hinges on the resolution of the problem the doctor knows what take the high ground told flatow would feel like or what reason is there to prevent the iranians from taking some sort of defensive
position you i carry all of those things were asking ourselves and we're looking at everything done to try and make their positions safer but you must remember you were talking about were being trained as marines for combat these marines had gone there to join in the at the side of whatever force and we might have picked them all of those rules would apply that they are there as part of a multinational force to try and maintain stability and their sector happens to be trying to maintain that airport opened up before traffic so i'm european airports has tapped to be flat and where we're doing everything we can to make nearly impossible for them to defend themselves or does that mean that they cannot sell it for on the orders of the myriad courts
first time if they are attacked a position where we are now ontario is that i can answer that question right now that i virtually daily don't tell our people that libby in consultation with the men on the ground the commanders there of those units or anything that in keeping with our nation and that we can do to help ensure their safety while asa representatives faces the bitter fight tomorrow over covered at the nicaraguan rebels the senate today ended a bitter struggle over martin luther king by an overwhelming vote of seventy eight to twenty two percent of swept aside all objections to pass a bill establishing a national holiday in honor of the civil rights leader fifty years after his assassination the bill designates the third monday in january starting in nineteen eighty six as a legal holiday called martin luther king day the fight against the bill was led by republican senator jesse helms of north carolina who also tried and failed to
get a court order to release fbi files about dr king today towns had this reaction to his double defeat the usda but who knows me who knows me well amore is racist or that of course is what the other side says if you don't jump through the hook and do everything they say then you're racist innovative know i wanted and i have gotten nothing as for the fact to be laid out for the american people to see not only more now about fifty years and that records fifty years now people will look back and say you know just why did they set aside this holiday or this man what happened to the investigative powers of the news media why haven't you been interested and no one so far say that you were tested up to your ears in and the nixon fall senator edward
kennedy told the senate that king deserves the place which this legislation gives him beside washington and columbus in a real sense kennedy said he was the second father of our country the second founder of the new world that is not only a place a piece of geometry of a noble set of ideals among those who watched from the senate gallery was dr king's widow coretta scott king this evening she joined followers of dr king at a thanksgiving service in a chapel near the capital now i want to feel that we have triumph over anyone within and any individual of one of actually comes over to
china alright overall truthful paulson and that justice is being done against injustices that have been perpetrated across the years this holiday has a special meaning for all americans i thought particularly for black americans and for other minorities who have been disadvantaged in this society i hope we will celebrate it in the meal plans understanding my life and his teachings he later at his press conference president reagan was asked for his feelings about the king
holiday in the arguments by senator helms residents senator helms been saying on the senate floor that martin luther king jr a communist associations was a communist sympathizers you agree we've known about thirty five years we know i don't fault senator helms sincerity with regard to wanting the records opened up and i think that he's motivated by a feeling that if we're going to have a national holiday named for any american wants only the name for one american or history into this time that he feels we should know everything there is to know about an individual i say i don't know for his sincerity in but i also recognize there is no way that these records can be opened because an agreement reached between the family and the government with regard to those records and when i'm going to
when i'm going to turn away from that set a precedent breaking agreements that thirty five years to be a regular oven and that we find out we've invited onto the law quite a lot in the the logic is there in that there is no way that this government should violate its word and open those records now i happened to him while i would have preferred a day of recognition for his accomplishments in what he meant stormy period in our history here i would prefer to face similar to say lincoln's birthday which is not technically a national holiday but it is certainly a day reverence by a great many people in our country and has been i would prefer that since they seemed bent on making a national
holiday i believe the symbolism of that is important of the island outside that legislation reaches my guess an fbi has been there were three stories today about space to reel in one maybe not so rail the question will want is about to soviet cosmonauts from the bbc reported we're stranded in the space station with no way to get back the bbc reporter
later because the problem in the falklands really tragic <unk> but today not only did the soviet government denied all the british american and other experts who monitor soviet space activities also said it simply wasn't sell a bbc spokesman told us the second and it was now using all its earlier story otherwise president reagan went to the national air and space museum here in washington today to cut a birthday cake celebrating the twenty fifth birthday of nasa the national aeronautics and space administration as drake and then spoke of the space bar is still to come right now we're putting together a national space strategy that will establish our priorities guide and inspire our efforts in space for the next twenty five years and beyond embrace all three sectors of our space program civil commercial and national security private companies are already beginning to look for space in this regard the space shuttle
program could well be compared the first transcontinental railroad starting to play or down here hence the world is going to see what entrepreneurial genius is all about and what it means to see america pretty good going space story number three is about some new competition for the us up their optimal sylvia's but from our european allies to day in french piano all the south atlantic ocean the communications satellite was launched an eleven nation european space agency the satellite is capable of handling to a phone calls and television signals and is up there to go into commercial business watch sponsors say they already have orders for seven hundred and fifty million dollars on the boat and another two hundred and fifty million or so and hot prospects and truth is is a senate candidates made it a clean american sweep today and the nineteen eighty three nobel prizes for science professor henry probably of stanford university in palo alto california is the chemist is prize was for work an electronic transfer reactions the
physicists are professor subramanian sean his cigar the university of chicago for his studies of the structure and evolution of stars and professor william fowler the california institute of technology for his findings concerning the chemical elements in the universe all three of the winners are americans although probably was born in canada john losey car in india probably there's a lot of economic news today the commerce department reported that housing starts fell last month to the lowest level since april but the september figure was still forty five percent ahead of a year earlier than another government figures showed evidence of more economic growth in september personal income was up and so is personal consumption but on wall street and stock markets fell for a second day in a row the dow jones average of thirty leading industrial stocks closed twelve forty six point seven five down four point oh six the most active stock at and t was down one and a quarter to sixty three after the phone company announced the
earnings in the third quarter were down by twenty eight percent but the bigger shock on wall street has been the full scale retreat of those computers talks yesterday the country's second largest computer manufacturer digital equipment announced that its earnings were declined by at least sixty five percent that's a digital stop plummeting losing one fifth of its value yesterday and another six and three quarter points today closing at seventy two a lot of his latest example of turbulence in the high growth high risk computer business we have a barber is there an analyst for the investment firm payne webber mrs care what happened to digital the us and it's top down so far so suddenly well when a company announces earnings that decline sixty five percent or more with no prior warning to wall street one thing the investment community doesn't like as a surprise particularly negative surprises and when the decline hearings was related to be personal computers after a digital business that ratified
people's fear is that this is an area where you can't possibly make money no why did that then that frighten investors with only on the computer starts was almost across the board they went down yesterday didn't end there i think that the investment community tends to look at the computer starts as a group and when there's bad news that affects one company or one sector it does spill over into the other companies in the other sectors isn't this supposed to be the great white hope of american industry now are our computers high tech the high tech area like this what's happening in it to make investors are nervous well i think their long term the high technology area is a great growth area for this country but in the short term individual companies make these calculations either strategic or other kinds of miscalculations and it's not going to be a smooth unbroken growth path here for the industry or from probably most of the companies involved what kind of advice are you
giving investors who are interested well at this point i'm saying that one has to pick the company rather than the industry as a whole and to try to focus on those companies who have carved out a product niche where is the need for a product and not a lot of competition in that niche or to focus on those companies where there hasn't been a disappointment in the earnings along the way over the last six to nine months while we're going to come back in a moment it is not all going in the computer business there are upsides to the story and one of the most up and all the company known as comet or international it is a leader in the home computer business that's the low price and at the end of the industry where the object of the sellers often a child and its chief executive officer when you come out with a product or when you own business you have
didn't have an attitude that a war in its bare to win you have to be the winner director mills product is home computers his company commodore and on this battlefield at stores like sears kmart and jc penney tim allentown and are two of the biggest winners at a time when the future of the home computer business is any batteries gets jacked from alison guessing about commodore he says his computers are here to stay home to the biggest market little bit of its part of the next three four years because the american youth in the worldview is so hungry for departed it's unbelievable whether or not for mailers right he has earned a reputation as a survivor now fifty three he was among the few who came out alive from the auschwitz concentration camp in world war two he came to america served in the army and set up a typewriter
repair business in the bronx from there he went into failing calculators been computers from locations all over the world so to myself well i have a problem because during my years of the minute i spend the concentration camp so i really had to do it strictly within states with business incentives and what hardware to prove to myself and to build a family because it was the only one left from its desire to survive and we had is clearly reflected in his business success a success the unabashedly attributes to borrowing from the japanese i've spend and spend and in many days and weeks there's been many years in japan and the west coast people the holiday had succeeded and dictate everything that very seriously and they take this is like war and i believe that very much difficulty is the only way to win industry experts
also point to other factories in common or threaten success commodore beats the opposition at the marketing game it produced a low cost phone computer capable of doing more than playing games and it has been able to meet or be competition on right here is where we make money the main reason commodore can beat the others in price competition is that a design that makes its own computer chips that tiny pieces of silicone that are the key to the technology that means that the company controls of vital cost and does not have to depend on outside suppliers these prototype ships are being designed a commoner plant outside philadelphia that most manufacturing is done in asia some other companies also make their own ships but they don't have a jack to melt pushing buttons mel believes his company has to be where the action is for commodore that means in the last six years to melt has moved the headquarters three times he is now based in hong kong
that location reflects the company's emphasis on foreign sales and manufacture and from als appreciation of hong kong's style capitalism i believe very much in capitalism and it's the only city way it's through capitalism its feet up eating there's very little government regulations there's no role for you in this region where people work very hard and also some industry experts think the company relies too much on foreign sales and profits it is that stormy relations with many of its us dealers some are also has a reputation as a hard driving fiercely independent hands on businessman was gone through three advertising agencies and even the review the manson style attack loses such that he has not exactly attracted a stable
strong management stuck below in fact emerge below jack a gentle managers and p's of congo on a fairly rapid father because undoubtedly jack's thirty four and many many people are like olympic runners if they succeeded in a winning the hundred yards and they get a medal that they feel that they made and i believe that you have to run every day the professional you have to practice every single day if not you lose a taste we don't know any of you an estimated five million americans of all ages all by home computers this year most for the first time the battle for this market is both cut price and cutthroat and casualties are mounting atari has posted losses
unchanged management texas instruments is losing money and hopes new marketing executives can turn it around timex is having trouble holding onto its early successes getting home computers into the mass market store is offering the cheapest price as low as two hundred dollars has kept commodore ahead of the competition so far dr mellon commodore would need the staying power because the biggest battle in the home computer industry still lies ahead against the peanut the long awaited home computer for an ibm are you going to be a match with your home computer for a full force although gerhard that the ibm has decided that after we have in more than two million computers out there that there is a whole market but that's not really the follow up de have a strategy for taking on the big just planter and the thing that i don't that they cannot except for the giant ibm and a few other survivors
the computer industry is littered with the carcasses of small companies that started fest performed brilliantly and then died just as quickly while some wall street analysts are beginning to grow more cautious about commodore's future profits most experts don't think it will be one of those to survive the shake out he seemed to clue outlines of wisconsin was of the fed's idea there will be tamed the rich thanks to its almost seven thousand storm like retail chain store will be a petition to reset continuity at ibm apple will be blood itself into down into the wage in terms of pricing of apple in there and taxes less call it will be this question may still many people wonder at home computers will go the way of last year's bad video games but to
trim out the future market is infinite so to me i'm investing for the future we as a company i'm really trying to serve the world youth which are going to be the decision makers all the future so far jack from now the home computer war is the twentieth century children's crusade just one of many metaphors that can be applied to his vest for business and for life when i say first that the business is more people in the state but really what it means you know you can turn around and anthony can say that this is like seven records to me also that is is it was also word sex to me this is like sex i'd like to be there with the engineers loses
confidence justified for cameron well i think it has been so far and i think that part of that is due to announce the ability to identify where the market is going to be going and terrell pryor to stick that direction before his competitors get their enterprise it's very difficult for other people to imagine still make a profit so i'm optimistic about there because he went down a little bit till yesterday with the general decline was down three corps report again today that you don't think that's serious just a temporary thing you know i think ultimately the companies that have continuing earnings growth was very very well in the market but i think during periods of turmoil they're already impacted by the news that affects on how do you say carrie it's clear he's going to be a fair when ibm the huge giant and big computers which dominates that industry unleashes its little home computers and you know and other things underestimate the
strength of it is marketing ability or in its distribution manufacturing ability but i think that from what i understand a diplomat its price point makes it applicable into different sector of the whole market than the commodore products much more expensive comic con or how does it affect your list of common stock that commodore is under investigation by the sec and the irs and had a bankruptcy problem and canada and songs that give you one reason it doesn't one level and i caution clients that this is a company that has had a number of questions raised about the management despite that i think we can look at the past eighteen quarters of continued earnings growth and look ahead to what i think will be continued earnings growth for the next eight to ten quarters and i think that i as a moneymaking
investment it's very difficult to come up with others that are equally attractive as jamal said the home is going to be the biggest market for the next three four years is he right or a shell and so ray's the point in the film is there a danger of this craze burning out like a video game is that i think that the whole market unit wise is going to be a very significant market probably reaching fifty million units or more by the end of the decade i think that the danger in the home computer market is the question that charlie and raised why own a home computer and i think that the problem with the video game market was that these software didn't progress as fast as the expectations of the owners i think that the answer for the home computer market lies largely in the software as well are you going to be able to offer people maybe not one compelling application that a critical mass of applications that is
going to make them say in the same way that they decide to buy any other home appliances they needed well it's useful not that she needed i don't need a dishwasher or wash my dishes by hand but it's a convenience where we can say that about the home computer that i think that question will go where pj and from the medical be there is good nose book actually so at least onto dreaded diseases multiple sclerosis and toxic shock syndrome scientists at the california institute of technology and the university of california said today they have for the first time isolated a gene that is associated with nerve disorders and mice it's a breakthrough which may provide a key to finding a similar genetic link the multiple sclerosis a major river of young adults and in new york scientists said the mysteries of toxic shock syndrome may be linked to a newly discovered gene and bacteria toxic shock is sometimes they sometimes fatal disease that has been associated with them on news dr richard mollica was director of a public health research institute said the
discovery of the gene could lead to a vaccine or a test to determine who was likely to suffer from the helmet as of last june twenty two hundred people have suffered from toxic shock and one hundred and three of them have died from it we're on the president's news conference tonight he opened with a review of economic developments during his first thousand days in office he said sure and steady progress was being made in virtually every sector of the economy and call for greater efforts to reduce spending he also talked about immigration reform and about his own intentions about running again after years of bipartisan work on a comprehensive immigration reform bill it appears house speaker o'neill has successfully blocked action on in the house even suggested that he might be to a political purposes what if anything are you going to do to help house republicans are trying to free up that bill i'm going to try and get and have been supportive of
immigration from immigration legislation for a long time this country has lost control of its own borders and no country can sustain that kind of position i've supported actively and work hard for the passage twice over the senate bill on immigration i will admit that the house bill and i have some disagreements with some instruction for me in the form of that deal but recognize that there was a process called conference when the differences between the two bills i want to sign up as quickly as possible immigration legislation and at the shift again it's like a religion for instance practically speaking
you can find more efficient ways of asking that question yes and down the road one day in the not too distant future that will be before my birthday iowa iowa which relies on risk one way or the other i don't think first place i think the campaigns are to all and i think one of the reasons we dont have many people voting as we showed in this country is not because they haven't gotten interest but because we say she ate them and we wear them out until they seemed to be campaigning year in and year out day in and day out with the family of the democratic candidates for listening yes i mean they don't do with this sort of i don't think it'll be any harm done by
and i know that for some minutes who preceded me and this officer we live much longer than i will probably wait before they said just to make noises that we mention that this is impossible mind you know an unpredictable in many ways to recap the major news of the day four more marines were slightly wounded enliven honest tomorrow's reconciliation meeting among the warring lebanese factions was scrubbed because of disagreement or where it should be held president reagan at his news conference tonight said the marines are eleven on this day there are fresh predictions the house will scrub the reagan administration's colbert made anti sandinista guerrillas a plaque mr reagan also defended tonight an abstract policy terms in addition the president said he would sign a bill creating a martin
luther king national holiday lot when its passage today by the senate and finally for baseball fans this day brought only one major story pete rose the forty two year old mr hustle of tv commercial as well as baseball fan was released by the philadelphia phillies you may remember what the new yorker magazine's roger angell said about him here two weeks indelible or the world series i think of the required when they were as good as hundreds of players who've ever played in in syria not be the record this way he wrote plays enemies better than anybody else ever but is absolutely need more and standing what some giveaway ones of this we turn to swing taxable when he looks back at the farm rose was released after you declined a phillies offered a play part time he said at a press conference afterwards you apply for some other team next year my pride has
been messed with he said cannot run of foreigners are tonight we're back with another tomorrow night robert macneil the macneil lehrer newshour is funded by the new at and t more than a new look and new outlook and by the corporation for public broadcasting and by this and other public television station any sentence you're only knew
- Series
- The MacNeil/Lehrer NewsHour
- Producing Organization
- NewsHour Productions
- Contributing Organization
- NewsHour Productions (Washington, District of Columbia)
- AAPB ID
- cpb-aacip/507-mp4vh5d74j
If you have more information about this item than what is given here, or if you have concerns about this record, we want to know! Contact us, indicating the AAPB ID (cpb-aacip/507-mp4vh5d74j).
- Description
- Description
- This episode of The MacNeil/Lehrer NewsHour looks at the following major stories: a debate on points made in Ronald Reagans speech (including sending U.S. Aid for the Contras), a documentary report on dissent into Pakistan that escalated into violence, and a look at the volatile nature of the emergent home computer industry.
- Date
- 1983-10-19
- Asset type
- Episode
- Topics
- Global Affairs
- Business
- Technology
- War and Conflict
- Energy
- Religion
- Transportation
- Military Forces and Armaments
- Politics and Government
- Rights
- Copyright NewsHour Productions, LLC. Licensed under a Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International Public License (https://creativecommons.org/licenses/by-nc-nd/4.0/legalcode)
- Media type
- Moving Image
- Duration
- 00:59:58
- Credits
-
-
Producing Organization: NewsHour Productions
- AAPB Contributor Holdings
-
NewsHour Productions
Identifier: NH-0033-A (NH Show Code)
Format: 1 inch videotape
Generation: Master
Duration: 01:00:00;00
-
NewsHour Productions
Identifier: NH-19831019-A (NH Air Date)
Format: U-matic
Generation: Preservation
Duration: 01:00:00;00
If you have a copy of this asset and would like us to add it to our catalog, please contact us.
- Citations
- Chicago: “The MacNeil/Lehrer NewsHour,” 1983-10-19, NewsHour Productions, American Archive of Public Broadcasting (GBH and the Library of Congress), Boston, MA and Washington, DC, accessed August 23, 2024, http://americanarchive.org/catalog/cpb-aacip-507-mp4vh5d74j.
- MLA: “The MacNeil/Lehrer NewsHour.” 1983-10-19. NewsHour Productions, American Archive of Public Broadcasting (GBH and the Library of Congress), Boston, MA and Washington, DC. Web. August 23, 2024. <http://americanarchive.org/catalog/cpb-aacip-507-mp4vh5d74j>.
- APA: The MacNeil/Lehrer NewsHour. Boston, MA: NewsHour Productions, American Archive of Public Broadcasting (GBH and the Library of Congress), Boston, MA and Washington, DC. Retrieved from http://americanarchive.org/catalog/cpb-aacip-507-mp4vh5d74j