This Day On The Street
Continue to site right-arrow
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Internet's Unheralded Visionary: Leadership Matters

Stocks in this article: IBM MSFT AOL

It's truly rare when there is a leader among us that dramatically changes our way of life by his or her singular vision. What makes these leaders so profound and worthy of our awe is their ability to truly envision a future the rest of us can't even imagine.

Many of these names are well known, like Thomas Edison with the motion picture, Edwin Armstrong and the FM radio, or Chester Carlson and the photocopier. However, many others stayed in the background although their contributions to our ways of life had tremendous and long-lasting effect.

One such leader, Theodore Constantine Papes Jr. , was the CEO of a start-up in 1984 that was a joint venture of IBM (IBM), Sears (SHLD) and originally CBS (CBS). First known as Trintex, the company helmed by Papes would launch Prodigy in 1988 in a limited number of cities to be followed by a national rollout in 1990.

While many people think of Prodigy as the Internet service that was trounced by America Online, there may have been no Internet services period had it not been for the vision and commitment of Papes. As a result of his foresight, Prodigy would lay the groundwork for much of what we take for granted on the World Wide Web.

His success wasn't just about the technology. He was also insightful in his approach to the marketplace. Before launching Prodigy in earnest, Papes led focus groups of consumers and software developers, asking what a dial-up customer might want in an Internet service. Before Windows from Microsoft (MSFT) had become adopted as the standard in personal computer operating systems, Prodigy offered a graphical user interface which put it far beyond the offerings of Compuserve, its closest competitor at the time.

1 of 3

Select the service that is right for you!

Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!


DOW 17,811.28 +33.13 0.19%
S&P 500 2,061.23 +48.34 2.40%
NASDAQ 4,748.3960 +104.0840 2.24%

Brokerage Partners

Rates from

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs