A U.S. high-tech combine

Admiral Bobby Inman, who stepped down as deputy director of the CIA last June, is no stranger to high-stakes research in the face of a tough challenge from abroad. Last week he was named point man for the U.S. response to a formidable new Japanese industrial threat. As chief executive officer of a unique firm called Microelectronics and Computer Technology Corp. (MCC), Inman will head a research operation jointly funded by ten top American computer companies. At stake: the 42% U.S. share of the $92 billion world computer market.

The idea for MCC was born when 15 big U.S....

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