Article Abstract:
Cray Research is no longer the cutting-edge enterprise it was deemed to be in the early 1980s. The company's stock has collapsed following the spin-off of some of Cray's most advanced research and development into Cray Computer. Cray Research is the leader of the two-dozen worldwide supercomputer vendors, holding 70 percent of the supercomputer market and showing $756 million in revenue for 1988. The market is changing to favor minisupercomputers that rival the performance of Cray supercomputers and are much less expensive. Cray Computer will probably not report any sales or earnings before 1991, but may grow rapidly thereafter. Competitors of Cray Research include Convex Computer Corporation, the leading minisupercomputer vendor, which is enjoying healthy growth and could be a good investment.
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Article Abstract:
The decline of the minicomputer market raises questions about the survival of the Route 128 technological center in Massachusetts. Computer companies in the Route 128 area, which is outside of Boston, have already reported flattening revenue growth, decline in profits and substantial layoffs. The recent resignation of Wang Laboratories Inc Pres Frederick Wang and the renewed speculation that the company is up for sale have contributed to the depressing prospects for the area. Of the 321,000 people employed in the high-technology industry throughout the state, 50,000 are employed by four minicomputer firms in the Route 128 area.
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Article Abstract:
Handspring's Visor personal digital assistant (PDA) contrasts with rivals from Palm and Microsoft in that it starts with a simple device that allows consumers to decide how many extra features to add. While both Palm and Microsoft are cramming more and more features into their PDAs, Handspring has created five separate devices with varying degrees of features: a camera, a telephone, a Global Positioning Device, a wireless modem and and MP3 player.
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