FORTUNE Magazine contents page JULY 11, 1994 VOL. 130, NO. 1
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(FORTUNE Magazine) – INFORMATION TECHNOLOGY/SPECIAL REPORT 44 MANAGING IN A WIRED COMPANY An organization becomes a different animal when it gets network technology. The old ways of harnessing the beast won't work. Heres what will. by Thomas A. Stewart

60 SURVIVING INFORMATION OVERLOAD Lost in the Infobog? You're not alone. It's harder than ever for managers to sort valuable data from dreck. With some new products, you can learn to cope. by Rick Tetzeli

68 OVER THE HORIZON WITH PAUL ALLEN Bill Gates' former partner is assembling a business empire to produce goods and services for what he sees in his headlights on the information highway. by David Kirkpatrick

78 A LOOK INSIDE ALLEN'S THINK TANK With $100 million, this research center has hired the best to find out what the information highway will need. by David Kirkpatrick

86 YOUR DESKTOP IN THE YEAR 1996 Your prosaic office PC will evolve into a zoomy workstation. Among the payoffs: new ways to pool smarts withand seeyour colleagues. by Alan Deutschman

102 AUGMENTING YOUR DESKTOP WITH TELECOM Sick of automated voices telling you what to do? Replace that tired old instrument on your desk with a piece of computerized telecommunications gear. by Andrew Kupfer

109 ON THE ROAD WITH PORTABLE PCs Your fearless correspondent puts several leading models to the test under harsh real-life conditions. by Stratford Sherman

116 FORTUNE CHECKS OUT 25 COOL COMPANIES Look at them not just as potential investments or sources of great products, but as laboratories for ideas on management.

COMPETITION 149 THE REAL ACTION IN HEALTH CARE It's not in Washington. The show to watch is being carried on in the free market by insurers and HMOs scrapping for turf. by Carol J. Loomis

MANAGING 159 MATSUSHITA SHOWS HOW TO GO GLOBAL In building more than 150 plants in 38 countries, the electronics giant has learned to master distant markets and diverse cultures. by Brenton R. Schlender

DEPARTMENTS 1 EDITOR'S DESK 6 INDEX 12 NEWS/TRENDS The right to fire HMO doctors, beauty wars, a welfare cure that works, high- tech heaven, and more.

20 ECONOMIC INTELLIGENCE

23 PERSONAL INVESTING Lessons from the will of Jacqueline Kennedy Onassis, the richest yields are overseas, and more.

41 LETTERS TO FORTUNE

171 PRODUCTS TO WATCH

173 BOOKS & IDEAS Haldeman's diaries take the revisionist polish off Nixon. Plus, an amiable trade fable, and more.

177 KEEPING UP by Daniel Seligman

The enhanced ways of doing business brought by information technology rest in the palm of our handuneasily for some for of us, to be sure. But they lie ready to be grasped in their full potential by those in whom the technological advances have sparked a whole new frame of mind. Cover photo by Scott Van Sicklin. Photo at right by Pete McArthur.

FORTUNE (ISSN 0015-8259). Published biweekly, with three issues in October, by Time Inc. Principal office: Time & Life Building, Rockefeller Center, New York, NY 10020-1393. Reginald K. Brack Jr., Chairman; Don Logan, President; Joseph A. Ripp, Treasurer; Harry M. Johnston, Secretary. Subscriptions: U.S., possessions: one year (27 issues) $52.95; Canada: one year (27 issues) $53.73. Second-class postage paid at New York, NY, and at additional mailing offices. Authorized as second-class mail by the Post Office Dept., Ottawa, Canada, and for payment of postage in cash. Member, Audit Bureau of Circulations. POSTMASTER: Send address changes to FORTUNE, P.O. Box 30604, Tampa, Fla. 33630-0604. Customer inquiries: FORTUNE, P.O. Box 60001, Tampa, Fla. 33660-0001. Phone: 1-800-621-8000. ) (c) 1993. Time Inc. All rights reserved. FORTUNE is a registered mark of Time Inc. For subscription queries, call Customer Service at 1-800-621-8000. Time Inc. GST R122781974.