Commodore offers new multimedia Amiga computer

Article Abstract:

Commodore International Ltd introduces the Amiga 3000. This is Commodore's entry into the fast-growing market for microcomputers using 'multimedia technology,' a phrase that refers to a machine's capabilities in handling combinations of text, sound, graphics and video. Commodore is staking its future on the multimedia computer market, hoping to ride a demand for multimedia systems into corporate accounts. Commodore's goal is a weighty one: dealers are generally trying to reduce the number of lines they carry, Amiga software does not run on Macintosh or IBM-compatible machines, and the company itself needs to re-establish credibility. Commodore has suffered losses in recent quarters, and the company's stock fell 60 percent in 1989. The Motorola 68030-based Amiga 3000 is priced between $3,299 and $4,499 depending on configuration, and includes an 'authoring system' to facilitate production.

Microcomputers, Product introduction, Multimedia systems, Commodore International Ltd., product announcement, Microcomputer, CBU, Multimedia Technology, Commodore Amiga 3000 (Microcomputer)

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Computer firm says its violated loan covenants

Article Abstract:

Northgate Computer Systems Inc discloses in a filing with the Securities and Exchange Commission (SEC) that it has violated covenants of its bank loan and that its chief executive officer, Lawrence Greenberg, is resigning. The fast-growing maker of IBM-compatible computers estimated its sales to double up to $240 million in 1990, but the company apparently has overestimated its growth. The computer maker combines low prices with good customer support but meets fierce competition. Northgate's $1.9 million loss for the 3rd qtr 1990 meant that it has fallen below its required level of net worth. The company has cut its staff by 150, to a level of 720. Northgate hopes to have loans in place soon that will remove its violations, says Gary Held, the new chief executive.

Management, Computer industry, Finance, Appointments, resignations and dismissals, Chief executive officers, Financial Stability, Northgate Computer Systems Inc., Greenberg, Lawrence, Held, Gary

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When the chips are down: tales from the land where the computer is king - or god

Article Abstract:

Computers and the microprocessors that run them are becoming ubiquitous in today's society. Industry observers note that computer manufacturers are attempting to integrate computer and telecommunications equipment onto a single machine; the results are mixed so far, but the industry effort is creating a drop in prices for the market. Observers note that the home computer market is a particularly difficult market: the industry has created machines that are faster, hold more memory and provide better graphics, but it still needs to show that the technology can actually be useful. Growth for the computer and consumer electronics industry is forecasted.

Semiconductors and related devices, ELECTRONIC & OTHER ELECTRIC EQUIPMENT, Social aspects, Semiconductor industry, Usage, Computers, Microprocessor, Product information, CPUs (Central processing units), Digital computers, Microprocessors, Forecasting, Trends, Issues/Society

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