We Called Some ...
When it comes to gazing into the future, FORTUNE has made some predictions we recall with pride. We identified the Organization Man in the '50s, wrote of suburban sprawl in the '60s, and spotted a little company called Microsoft in the early '80s. Here are a few more.
By CAIT MURPHY

(FORTUNE Magazine) – KEY: [Smart call] [Smarter call] [Dead on] [Wow]

June 1945 The Bogey of Economic Maturity "Washington spenders claim that capitalism is moribund because saving tends to outrun investment opportunities. Theirs is a flimsy case."

[Smarter call]

June 1946 "The Great American Boom is on, and there is no measuring it; the old yardsticks won't do."

[Dead on]

May 1949 Mechanical Brains "An entirely new class of high-speed automatic computing machines, with rudimentary organs of memory, judgment, and mathematical logic, points to the second industrial revolution."

[Wow]

August 1965 Traveler to the Pacific Wars "What I was sure of [in Vietnam], already, was that a whole new experience, a test, a struggle, possibly even some fantastic ordeal, is unmistakably in the making for the U.S. in the Pacific, and a new and formidable chapter has opened in U.S. history."

[Dead on]

February 1967 "The process of putting conglomerates together tends to expand stock prices long before it expands the economic values on which stock prices ultimately depend."

[Smarter call]

June 1971 Stand By for the Cartridge TV Explosion Predicted the rise of the VCR.

[Smart call]

June 1974 California's Great Breeding Ground for Industry "It all started when a remarkable Stanford professor set out to build a 'community of technical scholars.' Today Santa Clara County [a.k.a. Silicon Valley] is a center of innovative technology like no place else in the world."

[Dead on]

November 1975 Here Comes the Second Computer Revolution "The brainpower of a digital computer is now available on a little chip of silicon. The reverberations will affect both businesses and consumers."

[Dead on]

Jan. 30, 1978 The Concorde's Disastrous Economics

[Dead on]

Jan. 15, 1979 Rupert Murdoch Says He's Here to Stay

[Smart call]

Dec. 1, 1980 "There is at least the possibility that the workers' revolution there [in Poland] will loom, in retrospect, as a truly epochal event--an irreparable crack in the foundations of the communist order."

[Wow]

July 18, 1988 Technology in the Year 2000 Predicts pocket computers, E-books, flat-screen TVs, picture phones, and deciphering the genome.

[Smart call]

July 11, 1994 FORTUNE Checks Out 25 Cool Companies Profile of Netscape when it was Mosaic.

[Smarter call]

Feb. 5, 1996 AT&T Has No Clothes "The emperor of telecommunications is a hit with investors, but get a load of what they keep ignoring: a dozen years of bad decisions and giant write-offs."

[Smarter call]

Aug. 4, 1997 Digital Photography Is the Next Big Thing

[Smart call]

June 7, 1999 Net Stock Rules "At some point the market will stop marveling at the web's potential and start demanding real profits."

[Smarter call]

Feb. 7, 2000 AOL+TWX=??? "To make the merger [AOL and Time Warner] work for investors ... will be like pushing a boulder up an Alp."

[Wow]

March 5, 2001 Is Enron Overpriced? "Start with a pretty straightforward question: How exactly does Enron make its money?"

[Wow]