Advent of the microprocessor-based user-dedicated computer

In 1969, a new company, Computer Terminal Corporation (CTC) of San Antonio, Texas, contacted the Wall Street firm of Philips, Appel & Walden (PAW) seeking to raise $4 million through an initial public offering (IPO). PAW asked me to visit CTC and evaluated its technology. In that visit, I conveyed to Austin (Gus) Roche, the […]