Data General's stock rises from ashes; shares jump 300% since start of year
Article Abstract:
Data General's stock continues to climb back from a low of $4.50 at the beginning of 1991. The computer maker's financial report for the 2nd qtr shows another profit, $19.2 million and 60 cents a share. This compares favorably with the 29 cents per share and $8.6 million overall loss of the same quarter in the previous year. In response to the news, 1.6 million shares of Data General's stock trades on Apr 25, 1991, a rate four times that experienced on an average day earlier in the year. The stock stands at $18 per share as of Thursday Apr 25, 1991. While this is still much lower than its high point and less than one-half its 1987 value of $38, it is an improvement. Growing sales of the Aviion workstation line and strict cost controls are considered the causes of the company's improved financial position and attractiveness to investors.
Publication Name: The Wall Street Journal Western Edition
Subject: Business, general
ISSN: 0193-2241
Year: 1991
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Cray Research hopes T3D will put it back on line
Article Abstract:
Supercomputer manufacturer Cray Research Inc is being outdone by manufacturers of computers running on increasingly powerful and less expensive microprocessors. Cray is hoping that its new T3D supercomputer will help heat up sales and prevent the company from experiencing the hardship that IBM and the like have undergone. T3D is Cray's first machine based on the massively parallel processing (MPP) technology that Cray competitors such as Thinking Machines have capitalized on. Cray hopes it can cut down on its traditional dependence on research and government sales, and reestablish its place as a developer of the most powerful computers. In addition to the release of T3D, Cray is expanding in the new market with a machine code-named SuperDragon, based on Sun Microsystems' microprocessors.
Publication Name: The Wall Street Journal Western Edition
Subject: Business, general
ISSN: 0193-2241
Year: 1993
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MIPS keeps slipping as a speed standard
Article Abstract:
Companies developing engineering workstations have devised new benchmark programs to consistently measure microprocessor speed and computer performance. SPEC is being suggested as a replacement for MIPS (millions of instructions per second) because of the lack of customer faith in vendors' MIPS claims and the variability in test results. MIPS Computer Systems Inc conducted a survey to compare MIPS analyses with SPEC. The MIPS ratings varied widely on machines that show similar performance measurements. SPEC measurements indicating similar levels of computing power for similar tasks may be between 34 and 135 percent of MIPS measurements on the same machines.
Publication Name: The Wall Street Journal Western Edition
Subject: Business, general
ISSN: 0193-2241
Year: 1990
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