The late-breaking news that we've had no time to digest is that today Novell purchased WordPerfect for a whopping $1.4 billion in stock, creating one of the world's largest software companies. Wow.

In the wake of the Power Macintosh introduction, a friend at Apple wrote to tell us that the company had a Friday beer bash, the first in many weeks, and that the bash was sponsored by IBM and Motorola. Who would have imagined that one day IBM would sponsor Apple parties?

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