Chips & Technologies, MIPS Computer post depressed results
Article Abstract:
Chips & Technologies Inc reports a loss of $4.8 million (37 cents a share) for the company's 3rd qtr ended Mar 31, 1991, as compared with $5 million (32 cents a share) in the comparable period a year earlier. MIPS Computer Systems reports a decline in the 1st qtr, to $624,000 (two cents a share), from $3.5 million (14 cents a share) in the same period a year previous. According to Chips & Technologies CEO Gordon Campbell, the company's loss is a result of a decline in pricing of the integrated circuit maker's CHIPset products. Millard Phelps, an analyst with Hambrecht & Quist, adds that the company has been slow to convert to advanced single-chip technology. MIPS Computer Systems's small profit is a result mainly of sales of its new R4000 microprocessor.
Publication Name: The Wall Street Journal Western Edition
Subject: Business, general
ISSN: 0193-2241
Year: 1991
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Sun Microsystems' future may be headed for the dusk
Article Abstract:
Workstation maker Sun Microsystems Inc may face tough times ahead, industry analysts predict. Sun is facing strong challenges from IBM, HP and DEC in the high-end workstation market. In the low-end workstation market, Sun faces competition from such new products as Microsoft Windows NT, which are making microcomputers more powerful. Although Sun still has a good reputation among industry analysts and investors, the company's stock price may become just as vulnerable as that of Apple due to increasing market pressure to reduce product prices. It is rumored that Sun may try to reverse its downward trend by laying off employees and reducing expenses, but the company denies such a plan.
Publication Name: The Wall Street Journal Western Edition
Subject: Business, general
ISSN: 0193-2241
Year: 1993
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