It is easy to understand why Philippe Kahn, named one of the 20 Most Important People in the history of the computer industry by BYTE magazine, might be pressed for time. When I first contact him he is getting ready to take delivery of his new TP 52 and race it in the TransPac. Two of his four children are on the one-design circuit, and like a good Little League dad, Kahn is making sure they have the best coaches, boats and crew money can buy. Kahn's Team Pegasus is a syndicate of sorts that lists nearly 50 people, including a dozen Olympic medalists and contenders, and an armada of boats ranging from the Optimist pram his daughter Sophie sails to the 29er, 49er, Melges 24 and 18-foot skiffs that his 15-year-old son Samuel (a.k.a. "Shark") campaigns, to the Finns, 505, Star, Farr 40 and now the TP 52 that Dad competes in.