Timeline June 1988

Events in June 1988 7

• 1908 – 1988 Louis L'Amour (1908-1988) Died 10 June 1988, aged 80 Louis L'Amour was an American author famed for his prolific output of Western novels, with more than 100 books published in his lifetime. His work sold over 300 million copies worldwide. He received the Congressional Gold Medal and the Medal of Freedom for his contributions to American letters.
• 1988 Reagan and Gorbachev hold Moscow summit Superpower leaders exchange INF Treaty ratifications US President Ronald Reagan and Soviet leader Mikhail Gorbachev met in Moscow and exchanged instruments of ratification for the Intermediate-Range Nuclear Forces Treaty. The summit symbolized the easing of Cold War tensions. Reagan famously walked through Red Square with Gorbachev during the visit.
• 1988 French Open 1988 Men: Mats Wilander · Women: Steffi Graf (6-0, 6-0) Steffi Graf won Roland Garros 6-0, 6-0 — one of the most dominant Grand Slam finals ever. She went on to win all four Grand Slams and the Olympics that year.
• 1988 Bob Dylan starts the Never Ending Tour Around 100 shows a year Starts touring almost continuously, a pace he keeps up for decades.
• 1988 Yellowstone fires burn much of the national park Wildfires scorch nearly 800,000 acres A severe drought and high winds fueled a series of wildfires that burned roughly 36 percent of Yellowstone National Park over the summer of 1988. Thousands of firefighters battled the blazes before autumn snow helped extinguish them. The fires prompted a rethinking of US wildfire management policy.
• 1988 Dell Computer Corporation — IPO raises $30 million Dell Computer Corporation goes public on 22 June 1988, raising $30 million at $8.50 per share — valuing the four-year-old company at $85 million. Michael Dell is 23 years old. The IPO provides capital for international expansion and manufacturing investment. The direct-sales model is being refined into a science: minimal inventory, rapid component sourcing, and customer-configured systems assembled in days.
• 1988 Public Enemy release It Takes a Nation of Millions to Hold Us Back Rebel Without a Pause Dense, noisy and political — often called the greatest hip hop album.