T.R | Title | User | Personal Name | Date | Lines |
---|
92.1 | Layoffs | OXNARD::FURBUSH | Civilization screws up your head | Mon Feb 04 1991 16:24 | 2 |
| I just heard that the layoffs have started. Anyone have any more
information on this?
|
92.2 | | MR4DEC::WENTZELL | Lately it occurs to me... | Mon Feb 04 1991 22:11 | 13 |
| We had a meeting in my group today to find out three people were affected.
They have been notified will be given a few days to gather their things, say
goodbye, etc. :^(
As far as overall numbers of people being let go, none were available because
it is being done on a business by business basis, i.e. there is no "overall"
number anyone is shooting for with this. That is basically the gist of what we
were told.
It certainly is sad and hits home when people you know on a daily basis are
affected this way.
Scott
|
92.3 | | FURTHR::HANNAN | Beyond description... | Tue Feb 05 1991 12:48 | 15 |
| Here's what I just learned about the layoffs, in more detail:
- 1st round of layoffs will be for people who were asked to
go into transition in the past, who decided to stay with
DEC rather than leave, and who haven't found a job yet.
(Sort of what Mystery was saying).
- 2nd round of layoffs is for those whose jobs are deemed
"unnecessary"
- 3rd round is based on performance ratings
Ken
|
92.4 | what does a 'round' mean here? | CIVIC::ROBERTS | sing us a song | Tue Feb 05 1991 13:18 | 6 |
|
so - does each 'round' take a month to get through or how does that go?
I for one have had it with all this intrigue. Just DO it!
carol
|
92.5 | After discussions with both of my managers... | MR4DEC::WENTZELL | Lately it occurs to me... | Tue Feb 05 1991 17:27 | 18 |
| RE: <<< Note 92.3 by FURTHR::HANNAN "Beyond description..." >>>
This isn't exactly right, the people in our group who were layed off yesterday
were not part of any previous transition. The three "rounds" Ken speaks of is
I believe the way, i.e. order, they targeted people. Basically the entire
plan for Product and Industry Marketing was implemented yesterday. P/IMG was
the first to act, and other parts of the company will be implenting their
plans in the next few weeks.
FYI, P/IMG and the Semi-conductor organizations were the only two groups in the
company to meet or exceed their downsizing goals over the last few quarters.
There were 27 out of 1800 people layed off in P/IMG yesterday. Other
organizations may be harder hit. Basically you should look to your managers
for detail as to what is going on in your organization. In a word, this all
sucks.
Scott
|
92.6 | Comments from another corner | GR8FUL::WHITE | Without love in a dream... | Tue Feb 05 1991 20:18 | 17 |
|
Re: <<< Note 92.5 by MR4DEC::WENTZELL "Lately it occurs to me..." >>>
>FYI, P/IMG and the Semi-conductor organizations were the only two
>groups in the company to meet or exceed their downsizing goals over the
>last few quarters.
Hm... Local personnel folk indicated that Grant Saviers' organization,
Personal Computer System and Peripherals (which includes the disk group,
tapes and optical drives, LENAC/EMD&S (my group), VIPS, and the PC
integration unit) had shed 8.8% of its staff against a goal of 8%.
My local group of about 300 will lose about 3 folks in this latest round
of "rightsizing".
Bob
|
92.7 | Non-official Non-information | SHKDWN::TAYLOR | Nothing shakin' | Wed Feb 06 1991 18:07 | 28 |
92.9 | | TERAPN::PHYLLIS | Wake, now discover.. | Fri Feb 08 1991 18:12 | 48 |
|
DIGITAL - WIN HINDLE PREDICTS POSITIVE FUTURE FOR DIGITAL [PART I]
{Livewire, 7-Feb-91}
In a recent interview with European Public Relations/Marketing, Win Hindle,
senior vice president and chairman of the board of Digital Europe, discussed
some of the factors which have led to the downturn in the industry. At the
same time, he sees an opportunity for Digital to grow within this difficult
period and to gain an even greater market share.
Win explained that the contributing factors to the current slump include a
loss of confidence on the part of U.S. businessmen following the 1987 stock
market crash, which made them very cautious about long-term investments. He
also said that several factors within Digital weakened our position, including
our failure to communicate to customers our commitment to standards and open
systems, as well as our perceived change in emphasis on indirect channels of
distribution.
However, he said that Digital is now turning problems into challenges and
meeting them through aggressive new marketing campaigns including NAS, which
is Digital's multi-vendor capability that is unique in the industry, and the
VAX 9000, which is Digital's first mainframe computer.
"The next area of the market where we have very aggressive plans is the
workstation market. For the past several years, we have been building our
capability in workstations, and now we have an extremely good set of products
for both VMS and UNIX. Those two sets of products give us another opportunity
for market share penetration that we haven't had before. The UNIX workstation
market is particularly exciting because we have caught up in software for UNIX
workstations. Now we have a very complete set of our own software products and
industry-accepted software products that run on our UNIX workstations. A
highlight of our workstation business is the new DECstation 5000, which is the
highest performance graphics workstation in the market today. Of course, even
the best products do not sell unless they are well marketed. So we have put a
marketing campaign in place around our workstation products to provide us with
that added opportunity for increasing our market share.
"Another very positive program is our new emphasis on account management. We
look on account managers today as the leaders of Digital's business with our
customers; and the account plans, if you add them all up, become the total
'Digital' plan. We are giving more control and authority to the account
managers so that they can represent Digital, not just in one geographic area,
but with our international accounts right across the world. The account plan
is an international account plan which defines our goals and implementation
plans for how we manage our relationships with each account. This process
is just beginning, and we will reap benefits from it in the future.
"Another important development is the organization of Integration Business
Units. We are now organizing our internal marketing by how our customers
use our computers. We believe that, by organizing ourselves along the same
lines as our customers organize their companies, we will be able to translate
customer needs into product requirements much more quickly. Over the next
several years, we think the Business Unit approach will bring us much more
market share."
|
92.10 | | OURGNG::RYAN | Going where the wind blows | Fri Feb 08 1991 18:18 | 313 |
| Did you see that we are going to Bi-weekly pay??
From: NAME: DONNA WELLS
FUNC: Corporate Employee Relations
TEL: 251-1419 <WELLS.DONNA AT A1 AT ICS AT PKO>
Date: 08-Feb-1991
Posted-date: 08-Feb-1991
Precedence: 1
Subject: BI-WEEKLY PAYROLL COMMUNICATION
To: See Below
Author: RON GLOVER
Date: 07-Feb-1991
Posted-date: 08-Feb-1991
Precedence: 1
****************************************************************
THIS MEMO IS FROM DICK FARRAHAR
****************************************************************
Conversion to Biweekly Payroll
In the mid to late Q4, the company will implement a payroll change that
will shift U.S. exempt employees (wage class 4) to a biweekly pay cycle
(i.e., every other week). Non-exempt employees will continue to be paid
weekly, since state pay frequency statutes generally distinguish
between non-exempt and exempt employees.
This decision will affect some 45 thousand employees and managers.
When the biweekly cycle takes effect, exempt employees' pay will be
deferred one week. The following week they will be paid for two weeks.
This decision has the full support of the Executive Committee, and it
needs to be communicated clearly, and consistently to employees.
Employees can't be expected to respond positively to every tough
decision the company must make in the face of intense competitive and
business pressures. However, they generally will support decisions
which are communicated clearly and which they believe are necessary and
in the company's best long-term interests.
The Personnel organization probably will be called on to answer
questions from managers as well as employees. Therefore, it is
important for member of the Personnel organization to understand the
decision and be able to explain it to their business partners or the
employees they support in the proper business context.
Attached is a list of twenty-four questions and answers which is being
provided to Personnel before the formal announcement to employees on
LIVE WIRE, which is scheduled for Tuesday, February 12, 1991.
Q1: Will the Exempt Biweekly Payroll apply to me? I know my wage
class, but I don't know if I'm an "exempt" employee or not.
A: The Exempt Biweekly Payroll will apply to Wage class 4
employees only. Wage class 4 employees are "exempt"
employees. Wage class 2 and 3 employees are "non-exempt" and
will not be affected by this change.
Q2: Why are non-exempt employees being excluded from the change?
A: State laws control the frequency by which employers may pay
their employees. State laws vary but are usually more
restrictive regarding the payment of non-exempt wages. For
this reason, Digital has decided to continue to pay all
non-exempt employees on a weekly basis, even though some
states permit non-exempt employees to be paid on a less
frequent basis.
Q3: When will the Company implement the Exempt Biweekly Payroll?
A: The Company will introduce the Exempt Biweekly Payroll during
mid to late Q4. An exact implementation date will be
communicated in mid Q3.
Q4: When the exempt biweekly pay cycle is implemented will I lose
a week's pay?
A: No, but your pay will be delayed one week when the program is
implemented. In today's environment you are paid one week in
arrears. In the future, you will be paid two weeks in
arrears, as the following chart explains:
Week Weekly Pay Cycle Biweekly Pay Cycle
(Non-exempt) (Exempt)
_______________ ___________________ ______________________
1 (Last weekly paycheck,
for prior week)
2 Payment for Week 1 -
3 Payment for Week 2 Payment for Week 1 & 2
4 Payment for Week 3 -
5 Payment for Week 4 Payment for Week 3 & 4
Etc.
Q5: As an employee what do I need to do to prepare for the
implementation of the exempt biweekly pay cycle?
A: Digital is providing advance notification so that employees
may have an opportunity to budget for the time when the
company begins the biweekly pay cycle and, wage class 4
employees have their pay delayed by one week.
Q6: How will the Company save money by implementing the exempt
biweekly pay cycle?
A: By deferring one week's exempt wages every other week the
Company will be able to realize a financial savings on which
it will be able to earn interest. In addition, some savings
will be realized in the form of reduced operational labor and
materials.
Q7: How much will the Company save as a result of this change?
A: Based on current weekly gross exempt wages paid, Digital will
earn about two million dollars per annum in the form of
interest earnings.
Q8: How do other large companies pay their employees?
A: The standard pay frequency practice for other large U.S.
companies is to pay their non-exempt employees weekly and
exempt employees on a less frequent basis, usually biweekly,
semimonthly, or monthly. Digital has chosen to pay its exempt
employees biweekly because it represents the most balanced
business, legal, and employee relations-sensitive solution.
Q9: Why doesn't the Company give employees an advance to offset
the week in which all exempt employees will skip a payroll,
or pay them one week in arrears and one week in advance?
A: While considered, either action would eliminate the financial
benefit derived from the plan which is being implemented.
Q10: Is the Company changing its work week or designated pay day
when the exempt biweekly payroll is introduced?
A: No, the Company will continue to maintain its standard work
week which begins on Sunday and ends on Saturday. Pay day
will continue to be Thursday. Exempt employees, however, will
only receive payments every other Thursday. Each pay period
for exempt employees will normally include two work weeks.
Q11: Will I still receive an equivalent 52 weeks of pay each
calendar year when I am paid on a biweekly basis?
A: Not always. The number of payments per calendar year will
vary between 25, 26 and 27 for wage class 4 employees once
the biweekly payroll is implemented based upon changes in the
calendar and the date of payment. Total earnings per year
will be based, as they are today, on the issue date of the
last payment of the calendar year.
Q12: Will the change to an "exempt" biweekly pay cycle result in
more taxes being withheld?
A: No, an IRS biweekly tax table will be used in place of the
current weekly tax table. It will simply take your gross pay,
annualize it to determine your tax liability, and divide that
amount by the number of pay periods expected in the year to
determine your biweekly taxes.
Q13: When will changes in my tax status take effect?
A: Your most current tax status information will continue to be
used, as it is today, to calculate proper withholding.
Changes in state taxing jurisdiction, marital status and
number of exemptions in effect at the time payment is issued
will be applied to the entire two week pay period. If you
have an additional amount withheld for taxes (tax constant),
then the most current amount will be multiplied by 2 for the
two week pay period.
Q14: Will all payments issued by Payroll to exempt employees be
issued on a biweekly basis? Are there other kinds of
payments that will be made on a more frequent than biweekly
basis?
A: While all standard wage payments will be made on a biweekly
basis, some types of supplementary payments will continue to
be processed in the week they are authorized:
- Benefit payments (example: adoption payments)
- Fleet car payments
- Prizes and award payments
- Relocation payments
- Other miscellaneous supplementary payments
Also, termination payments will be issued in the next weekly
pay cycle following authorization, or sooner if required by
law. Pay corrections and adjustments will also continue to
be issued as required.
Q15: When will salary increases be effective?
A: Increases for exempt employees will be synchronized with the
Payroll biweekly schedule.
Q16: What happens if there are changes in my employment status
(the number of standard hours worked per week) or I change
shifts, or go on Short Term Disability, Workers'
Compensation, or Leave of Absence during a biweekly pay
period?
A: The changes will continue to be reported to Personnel and
updated to the Employee Master File as they are today. Pay
will be calculated to reflect these changes in your status.
Payment will be issued to you as part of your next biweekly
pay statement.
Q17: If I change my name, address, pay site, or cost center, when
will these changes take effect?
A: These changes should continue to be submitted to Personnel as
identified. Payroll will use the data in effect at the time
payment is calculated. Example: In the case of a cost center
change, Payroll will charge payment for the entire period to
the employee's cost center of record when the payment is
calculated.
Q18: How will my deductions for the various voluntary programs in
which I participate be calculated?
A: Payroll will continue to receive deduction information weekly
from the following businesses, and Payroll will combine these
amounts and deduct the sum total of each from your biweekly
pay:
- Dependent Care Reimbursement Account deductions
- Digital Employees' Federal Credit Union (DCU) savings
deductions
- Health Care Reimbursement Account deductions
- Investor Services Save loan deductions
- Medical,dental and life insurance deductions, and opt out
payments
- Metpay home and auto insurance deductions
- U.S. saving bond deductions
- United Way contribution deductions
In the case of ESPP (stock) and SAVE, Payroll will utilize
the most recently authorized percentage to determine
deductions.
Q19: Will the exempt biweekly pay cycle affect enrollment dates
for the above voluntary deduction programs?
A: In the future, some programs may have to be synchronized with
the payroll biweekly schedule. Enrollment and effective dates
will be communicated by the responsible organization as new
enrollment periods approach.
Q20: Will the current pay statement form change?
A: No, the same form will continue to be used for all employees
regardless of whether they are paid weekly or biweekly.
Q21: How will I report vacation and stand-by hours taken, on a
weekly or biweekly basis?
A: Vacation and stand-by hours should continue to be submitted
on a weekly basis as they are today. A single timecard cannot
be used to report more than a single week's vacation.
Example: An employee who takes a two week vacation would
submit two timecards of forty hours each. A timecard
reporting more than forty hours cannot be processed.
Q22: I will get fewer timecard forms (about 26 versus 52) per
year. What if I need more timecards?
A: Exempt employees should save preprinted timecards as received
for future use. If employees deplete their supply, they may
obtain blank stock from Personnel. Note: Exempt timecards,
distributed with the pay statement, will no longer be
preprinted with week ending dates to facilitate future use.
Q23: Will there be any change to the vacation accrual process?
A: No, vacation accrual is based on length of service with the
Company and employment status. It will continue to be
calculated on a weekly basis.
Q24: Will I be able to receive advance vacation pay when I am paid
on a biweekly basis?
A: Yes, advance vacation will continue to be paid on a weekly
basis as authorized vacation time cards are received and as
hours are available.
|
92.11 | good idea | NECSC::LEVY | Across the lazy river | Fri Feb 08 1991 19:38 | 5 |
| re: .10
I think this is a great idea.
- Dave
|
92.12 | | TERAPN::PHYLLIS | Wake, now discover.. | Fri Feb 08 1991 19:43 | 4 |
|
Me too.. I think it'll save a LOT of money.
|
92.13 | Just another place to work | GR8FUL::WHITE | Without love in a dream... | Fri Feb 08 1991 21:45 | 33 |
|
I, personally, am not so keen on the idea. I do understand
it is common in this industry to pay exempt employees on a
less than weekly basis. Howver, I feel that the US$2,000,000
in interest the company is planning to earn on the extra week's
pay that is being held is a US$2,000,000 *wage cut* for its
exempt employees.
I acknowledge that this is more an emotional than rational
opinion.
To me, this is just another round of making the profit sheet
look better by cutting expenses and asking the employees to
sacrifice - and avoiding the real problems of figuring out how
to sell more of our product and how to improve employee morale
and productivity so that we can design and manufacture more for
less.
With every one of these pennypinching decisions, Digital becomes
less and less a special place to work. Looking in to my crystal
ball, once the economy recovers (may be a couple of years), and
jobs once again become available, I predict Digital will see a
major "brain drain".
The pay and benefits here are deliberately average for the large
companies in the industry. Once those now brown pastures turn
green, there will be no reserve of employee good will and
loyalty to hold folks here.
This is all in my opinion, of course.
Bob_wage_grunt
|
92.14 | | SKYLRK::TING | Give Peace a Chance!!! | Fri Feb 08 1991 22:51 | 7 |
| Yeah, I don't like the fact that they're technically "cutting" out
a week's pay by making us wait 2 weeks instead of one.
GRUMBLE!! GRUNT!! GRRRR!!
growl!!,
t!ng
|
92.15 | ... | STAR::SALKEWICZ | It missed... therefore, I am | Sat Feb 09 1991 22:42 | 8 |
| I thought it was a good idea to save mony before I read Bob WHite's
reply
Now I'm so pissed, I'm putting my resume together!
/
PS :-)'s galore
|
92.16 | Exempt Biweekly Payroll - Wastes packaged like a rose | SHKDWN::TAYLOR | Nothing shakin' | Mon Feb 11 1991 15:10 | 37 |
| If you read .10 carefully, you'll see that Digital is making money by earning
interest on YOUR already-earned wages. They have chosen the biweekly payroll
(which was suggested by employees through the Delta program) as a vehicle to
disguise this effective pay cut.
If you think .10 is a good idea, you have been hoodwinked (IMO) by highly paid,
professionally clad personnel/employee relations types who make a living at
packaging wastes and making them look and smell like roses.
I can imagine how this came about. Imagine a table in CFO encircled with
executives and a Delta administrator(DA), and in particular, one upwardly
mobile, agressive, obsequius executive (UMAOE):
DA: "Next idea - `go to biweekly paychecks.' Any discussion?"
Exec1 - "good idea - saves paperwork, data processing"
Exec2 - "Reduces paper waste! Good idea."
(more discussion follows)
UMAOE - "Let's use this opportunity to hold back pay another week. Then we
could sit on the cash and bank the interest!"
UMAOE's boss - "Good idea! And we'll sell it as biweekly paychecks!
Afterword:
On the UMAOE's next review, "saved the company $2,000,000 per year in payroll
costs" appears under `Accomplishments.' He is given a 1 performance rating, a
promotion, and 1000 shares of restricted stock options.
End of Story
This is one rose I ain't buying. I've already started protesting this
vigorously.
Bill
|
92.17 | | SCAM::GRADY | tim grady | Mon Feb 11 1991 16:36 | 7 |
| I got some mail today that indicates the announcement of bi-weekly
paychecks was premature and inappropriate. So...is it real, or is it
just a rumor? The mail I got said it was only a PROPOSED change, not a
definite decision, and the May 9th date was ,bogus'.
tim
|
92.18 | | DECXPS::HENDERSON | I see the soldiers come and go | Mon Feb 11 1991 17:08 | 13 |
| I would think that a change of such major proportions would have been
better communicated than through the rumor mill or Digital notesfile
(though the "rumors" seem to have "official" names attached to them).
Of course I suppose this could be a way of testing the waters.
Before I get all excited one way or the other I think I'll wait for
official notification.
Jim
|
92.19 | | LEDS::MRNGDU::YETTO | child of countless dreams | Mon Feb 11 1991 17:31 | 8 |
|
The mail I got said it'll be posted in vtx on Tuesday February 12 so I
guess it may got 'more real' tomorrow.
Lisa
|
92.20 | | TERAPN::PHYLLIS | Wake, now discover.. | Fri Feb 15 1991 16:09 | 35 |
|
I don't know what to believe anymore...
?
From: SUBWAY::KOKO::ANC "15-Feb-1991 1051" 15-FEB-1991 10:59:29.45
To: @ANC
CC:
Subj: Official retraction of bi-weekly payroll distribution !(From: DELNI::SEAVER "BILL SEAVER 226-7857 LAN ACCESS MKTG 15-Feb-1991 1051")
From: NAME: Dick Farrahar
FUNC: PERSONNEL
TEL: 223-7738 <FARRAHAR.DICK AT A1 at CORA @ CORE>
Date: 14-Feb-1991
Posted-date: 14-Feb-1991
Precedence: 1
Subject: BIWEEKLY PAYROLL COMMUNICATION 2
To: See Below
On Thursday, February 7, I sent you a message announcing Digital's plan to
shift U.S. exempt employees to a biweekly pay cycle during the mid to late
Q4 timeframe.
After further discussion we have decided not to implement this program.
To Distribution List: Deleted
|
92.21 | It was a Mass. legal snag | CIVIC::ROBERTS | sing us a song | Fri Feb 15 1991 16:14 | 4 |
| our finance person just sent the same memo ... I guess it went the
way of the virtual office and the field service cars :-)
c
|
92.22 | a little fuzzy here | EXIT26::SNODGRASS | | Fri Feb 15 1991 16:41 | 6 |
|
I forgot about this, but a few years back NYNEX made the same move.
In Mass the law says you have to be paid every seven days unless you
sign it away.
|
92.23 | i like weekly checks | KALI::SIEGEL | Osmosis to the rescue! | Fri Feb 15 1991 18:00 | 3 |
| I'm psyched!! I like it the way it is now!
adam
|
92.24 | | SKYLRK::TING | Give Peace a Chance!!! | Fri Feb 15 1991 20:34 | 8 |
| re: <<< Note 92.23 by KALI::SIEGEL "Osmosis to the rescue!" >>>
>I'm psyched!! I like it the way it is now!
Me too!! Sure makes budgeting a lot easier!! 8-)
peace,
t!ng
|
92.25 | | ISLNDS::CLARK | politicians throwing stones | Thu Mar 07 1991 12:34 | 40 |
| Consider this posted in the "World We Live In" also ... what'll they think of
next ....
- Dave
I N T E R O F F I C E M E M O R A N D U M
Date: 22-Feb-1991 17:35 EST
From: Chuck Bushey
BUSHEY.CHARLES
Dept: Corp. Security @MSO
Tel No: 508 493-1352
TO: See Below
Subject: Telephone Scam
DIGITAL INTERNAL USE ONLY
The latest in phone scams occurred this week in New York. Digital
employees with pagers received phone inquiries from 540 numbers, which
are billed the same as 900 numbers. When the number is called, the
customer is automatically charged $55.00. Employees from other
companies around New York have also been hit by this scam.
Digital's phone switches are protected from making outgoing calls on
900 and 540 numbers. However, our employees may use phones at
customer sites in response to a page. Our New York office has alerted
employees to this scam. We can expect similar activities in other
areas in the future.
Above provided F.Y.I.
Regards,
Chuck
DIGITAL INTERNAL USE ONLY
|
92.26 | and now -this just in.... | CIVIC::ROBERTS | Imagine... | Mon Mar 18 1991 15:40 | 7 |
|
just eard a substantial rumour that PTG group in Andover was just
today 'offered' the involuntary package. Is that an oxymoronic phrase?
anyone hear anything?
c
|
92.27 | transition city | EZRIDR::SIEGEL | The wheel is turning | Mon Mar 18 1991 16:01 | 11 |
| re: < Note 92.26 by CIVIC::ROBERTS "Imagine..." >
> -< and now -this just in.... >-
>
>
> just eard a substantial rumour that PTG group in Andover was just
> today 'offered' the involuntary package. Is that an oxymoronic phrase?
Wow, I almost joined this group after my *first* transition! Two transitions
in under six months would have been crushing..
adam
|
92.28 | IMPORTANT - New security requirements at all sites!! | SPOCK::IRONS | Shadow boxin' the apocalypse | Mon Apr 01 1991 18:07 | 130 |
| From: TOOK::BROWN "Stephen Brown, CBN, LKG1-3/L6, 226-7750 01-Apr-1991 1445" 1-APR-1991 14:44:43.23
To: ANN
CC:
Subj: New security measures in ZK.
+---------------------------+ TM
| | | | | | | |
| d | i | g | i | t | a | l | INTEROFFICE MEMORANDUM
| | | | | | | |
+---------------------------+
TO: Spit Brook Tenants DATE: 1 April 1991
FROM: Jim MacCoy
DEPT: ZKO Security
EXT: DTN 381-0204
MAIL: ZKO1-3/B31
NET: Sneke::MacCoy
Subject: New Access Control System for ZK
Over the past few weeks, we have collected considerable feedback and
experience with the card key locks on the machine room doors and
plant exits. Based on this experience, we have concluded that the
card key system is inadequate for a number of reasons.
* Requiring frequent use of card keys is an inconvenience for
employees.
* Confusion between the "push to exit" buttons and the "emergency
power off" buttons in the computer labs.
* Despite a number of warnings, employees continue to "tailgate"
others through card key controlled entrances.
* Due to fire code regulations, we cannot require the use of a card
key to leave a secured area.
* As a result, we have not achieved the desired level of control and
accountability and so have not secured adequate protection against
equipment theft and other security breaches.
We have therefore decided to switch the facility to a laser-based bar
code scanner system. All employees will wear bar code tags. Scanners
installed at controlled entrances and exits will automatically scan
the bar code and unlock the door without requiring any overt action
on the part of the employee.
Because of the added convenience of the bar code scanner system, we
plan to expand the use of access controls in the facility.
* Lab and plant exits will have scanners on both sides, allowing us
to monitor egress as well as entry.
* Locks will be retrofitted to the fire doors in the hallways,
allowing us to partition the office areas into separate security
zones. Employees' tags will initially be programmed to access to
their own office areas only. Access to other areas will require a
request to Security.
*****
* Additional scanners will also be set up, for example, along the
windows, by the men's and ladies' rooms, and in the cafeteria.
The resulting data on employees' movements will be available to
their management on request.
* Scanners mounted in offices will enable us to limit the use of
office telephones to authorized employees and bill their use more
accurately.
Installation of the scanners will commence shortly and we will phase
in their use over the next several months. Because of the
considerable feedback we have received from the VMS development
organization, we have chosen that group and their computer labs for
the initial pilot installation of the scanners.
The vendor of the scanning equipment has assured us that the lasers
pose no hazard to personal safety. Because we are especially
concerned about your safety, we are taking a number of additional
measures to doubly ensure that the scanners present no hazard.
* The scanners will be mounted overhead to keep them out of the
normal line of sight. Employees are advised not to look up in the
direction of a scanner.
*****
* Employees are advised not to wear reflective jewelry or metal
framed glasses in the facility.
* We will make available glasses designed to filter out the color of
the laser. Employees with sensitive eyes or other concerns will
be able to purchase these from security at cost. Both regular and
clip-on styles will be available.
*****
Because of the overhead mounting of the scanners, we recommend that
tags be worn as high as possible to allow them to be seen by the
scanner. For most employees, either shoulder should be appropriate.
Persons shorter than 5' 6" may attach the tag to their forehead if
they have trouble with the scanners.
*****
Because of concerns over the convenience and durability of the bar
code tags, we are investigating other options. We may be able to
provide stylish berets and headbands embroidered with the bar code.
Another option would be to have the employee's bar code tattooed on
their forehead, but a number of factors such as summer sun tans and
termination procedures have not been worked out.
To ensure correct operation of the scanners, employees should take
the following precautions:
* Please refrain from wearing clothing with closely spaced stripes.
* Hair should be a uniform color. "Streaked" or graying hair may
confuse the scanners and should be avoided. The health services
department will have Grecian Formula available for those who need
it.
* Above all, do not bring any packages with exposed UPC labels or
tabby cats into the building.
Should you have any trouble activating a scanner and find yourself
locked in or out of an area, please go to the nearest phone and
contact Security.
Please feel free to contact me directly if you have any questions
about the bar code scanner system, or need further clarification on
the above items. As usual, comments and suggestions are welcome, and
encouraged.
|
92.29 | yeah, and I'm selling bridges... | ENGINE::MOLLENHAUER | | Mon Apr 01 1991 18:33 | 1 |
|
|
92.30 | How much? :^) | BOSOX::HENDERSON | Someone's got to turn the page | Mon Apr 01 1991 18:58 | 0 |
92.31 | how much is a bazillion? | ENGINE::MOLLENHAUER | | Mon Apr 01 1991 19:07 | 3 |
| 3 bazillion pennies a piece
|
92.32 | only a bazillion? | OURGNG::RYAN | Spent my life seeking all that's still unsung | Mon Apr 01 1991 19:08 | 0 |
92.33 | Maybe I'll start selling copper | ENGINE::MOLLENHAUER | | Mon Apr 01 1991 19:19 | 2 |
| no, no *THREE* bazillion. Pennies that is.
|
92.34 | | DECXPS::BRIDGES | counting stars by candlelight | Tue Apr 02 1991 10:51 | 13 |
| re: <<< Note 92.29 by ENGINE::MOLLENHAUER >>>
> -< yeah, and I'm selling bridges... >-
Hey,
I'm not for sale!!!!
;-)
Shawn
|
92.35 | are you sure? | ENGINE::MOLLENHAUER | | Tue Apr 02 1991 12:09 | 1 |
| hahaha
|
92.36 | just maybe | BOSOX::BRIDGES | counting stars by candlelight | Tue Apr 02 1991 15:00 | 8 |
| re <<< Note 92.35 by ENGINE::MOLLENHAUER >>>
> -< are you sure? >-
Well maybe.
It depends on what I get out of the deal.
;-)
|
92.37 | Such a deal!!:-) | ENGINE::MOLLENHAUER | | Tue Apr 02 1991 16:15 | 1 |
| 1/3 of my pennies and one slightly used lizard skin.
|
92.38 | 8-) | BOSOX::BRIDGES | counting stars by candlelight | Tue Apr 02 1991 17:28 | 12 |
|
> 1/3 of my pennies and
Depending on the total # of pennies that could be a deal.
> one slightly used lizard skin.
This makes me slightly apprehensive.
Shawn
|
92.39 | might be the best offer you'll get, btw- who shed the skin?? | OURGNG::RYAN | Spent my life seeking all that's still unsung | Tue Apr 02 1991 17:31 | 5 |
| Shawn,
sounds like a deal, go for it!!!
john
|
92.40 | Do you think he/she will develop an identity crisis? | ENGINE::MOLLENHAUER | | Tue Apr 02 1991 18:15 | 4 |
| Well, I still haven't figured out how many a bazillion is so...
the lizard skin is from my still unnamed iguana.
|
92.41 | Bazillions explained | GR8FUL::WHITE | Without love in a dream... | Tue Apr 02 1991 20:45 | 11 |
|
Re: <<< Note 92.40 by ENGINE::MOLLENHAUER >>>
> Well, I still haven't figured out how many a bazillion is so...
Well, I do know that it's way more than a jillion,
and a jillion is way more than lots and lots,
which is way more than a bunch...
|
92.42 | | SKYLRK::TING | Give Peace a Chance!!! | Tue Apr 02 1991 20:56 | 13 |
| re: <<< Note 92.41 by GR8FUL::WHITE "Without love in a dream..." >>>
>Re: <<< Note 92.40 by ENGINE::MOLLENHAUER >>>
>
>> Well, I still haven't figured out how many a bazillion is so...
>
> Well, I do know that it's way more than a jillion,
...but it's a lot less than a megazillion...and a little bit less than a
gazillion...
peace,
t!ng
|
92.43 | what tape was that? ??-??-71 | BIODTL::FERGUSON | the rainbow has a beard | Wed Apr 03 1991 01:53 | 7 |
|
MAJOR DIGRESSIONS !!!
Talk to pigpen, he might be sellin' the Brooklyn Bridge
|
92.44 | | ISLNDS::CLARK | honor veterans - wage peace | Wed Apr 10 1991 15:53 | 4 |
| Heh heh ... a Brady Bunch notes conference has just been created. I guess if
I had to vote for the most blatant misusage of DEC resources ... ;^)
- Dave
|
92.45 | where? | STRATA::DWEST | Dont Overlook Something Extraordinary | Wed Apr 10 1991 16:00 | 6 |
| awwwww c'mon Dave! no pointer???
:^) :^) :^)
da ve_fan_of_Marcia_and_Jan's_seldom_seen
_shower_scenes :^)
|
92.46 | when it's time for change .... | LEDS::MRNGDU::YETTO | child of countless dreams | Wed Apr 10 1991 16:17 | 5 |
|
oooh, ..... Finally!!!
:-)
|
92.47 | why? | SCAM::GRADY | tim grady | Wed Apr 10 1991 16:19 | 4 |
| When will we ever be rid of the scourge of the Brady's?
tim GRADY
|
92.48 | | ISLNDS::CLARK | honor veterans - wage peace | Wed Apr 10 1991 16:26 | 10 |
| re < Note 92.45 by STRATA::DWEST "Dont Overlook Something Extraordinary" >
Whoops, sorry ... I added the KP7 thingie.
LAB::BRADY_BUNCH
I expect we'll be seeing a LOST_IN_SPACE conference soon, and I'll be loving
it ....
- Dave
|
92.49 | | LEDS::MRNGDU::YETTO | child of countless dreams | Wed Apr 10 1991 17:14 | 5 |
|
hey, I think LAB is in this building .. oh goody,
that means the creators are nearby .....
|
92.50 | | FURTHR::HANNAN | Beyond description... | Wed Apr 10 1991 17:19 | 7 |
| What ???????!!? A BRADY BUNCH Conference ? This is unfair!
If there can be a BRADY BUNCH Conference then I insist that there
also be a PARTIDGE FAMILY Conference ;-)
/Ken (who just read that Danny Bonnaduce, who played bass for the
Partidge Family, was arrested for something recently,
something wierd)
|
92.51 | | BOSOX::HENDERSON | Play ball!!! | Wed Apr 10 1991 17:28 | 10 |
|
How 'bout a Rocky and Bullwinkle conference?
Jim
|
92.52 | | TERAPN::PHYLLIS | Wake, now discover.. | Wed Apr 10 1991 17:31 | 15 |
|
>What ???????!!? A BRADY BUNCH Conference ? This is unfair!
>If there can be a BRADY BUNCH Conference then I insist that there
>also be a PARTIDGE FAMILY Conference ;-)
I second the nomination! :-)
>/Ken (who just read that Danny Bonnaduce, who played bass for the
> Partidge Family, was arrested for something recently,
> something wierd)
I heard part of the story too.. something about beating up a
prostitute, I think.
|
92.53 | I think !? | MSHRMS::FIELDS | A Time 4peace I Swear Its Not 2L8 | Wed Apr 10 1991 17:59 | 6 |
| Lisa, Its run by the two women that run the Training lab need the Caf.
Chris
|
92.54 | | BOSOX::HENDERSON | Play ball!!! | Wed Apr 10 1991 18:01 | 18 |
| <<< Note 92.52 by TERAPN::PHYLLIS "Wake, now discover.." >>>
> I heard part of the story too.. something about beating up a
> prostitute, I think.
A male in female attire, which apparantly irked the young man and
prompted his alleged violent reaction.
Jim
|
92.55 | | LEDS::MRNGDU::YETTO | child of countless dreams | Wed Apr 10 1991 19:27 | 15 |
| Re <<< Note 92.52 by TERAPN::PHYLLIS "Wake, now discover.." >>>
>>What ???????!!? A BRADY BUNCH Conference ? This is unfair!
>>If there can be a BRADY BUNCH Conference then I insist that there
>>also be a PARTIDGE FAMILY Conference ;-)
>I second the nomination! :-)
Phyllis is saying this because she *still* harbors that crush
she used to have on David Cassidy.
Lisa_who_also_once_had_a_crush_on_him
:-)
|
92.56 | hate LA Law, though | ISLNDS::CLARK | honor veterans - wage peace | Wed Apr 10 1991 19:57 | 1 |
| Hey, I had a crush on Susan Dey!
|
92.57 | more layoff "rumors" ... | BOOKS::BAILEYB | Smilin' on a cloudy day | Wed Apr 10 1991 22:10 | 58 |
|
[MANY HEADERS DELETED]
From: MEIS::MEIS::TOWNSEND "Erik S. Townsend (DTN) 247-2436 09-Apr-1991 1044"
9-APR-1991 10:59:35.37
To: @MEIS$:[DIS]MEIS
Subj: I: BURLINGTON, VT ANNOUNCES CESSATION OF MFG. OPS AND INVOL. SEVERANCE
I'm in a training course in Burlington, VT this week. This led to the
opportunity to sit in on a plant meeting where John Wettstein, plant
manager, made some important announcements to Burlington employees.
Manufacturing operations will cease in Burlington. The power business
will move to Hong Kong or Mexico over the next 4-6 months. Systems
manufacturing will cease after the Acquarius I & II products. This will
completely phase-out Mfg. ops in BTO within 12 - 18 months.
The plant now employs about 600 people. Of these, 100 - 200 will be
transitioned through involuntary severance. The new package differs
from the previous ones. It will be an immediate walk-out, nine weeks
of pay after departure from the facility, then additional pay if
appropriate depending on longevity. The selection will be made on
criteria of need for work and employee performance. 40 - 50 people
must be transitioned by the end of April. Another 50 by end of
June, the rest over the next several months.
John reports that Burlington's future is in the customer solutions
support work that has been ongoing with field organizations. Some
concern was exprewssed about Burlington's ability to do this successfully
without an operating manufacturing operation.
The other major area of opportunity was reported as repair business
that could be coordinated with Customer Services. This would preserve
a number of DL jobs in BTO. It would also mean continued "shopfloor"
operations, albeit repair as opposed to Mfg. Cautious optimism was
expressed, suggeting this is a likely reality for BTO.
There will be opportunity for many displaced DL's to relocate to Augusta,
ME where DL need is expected to increase. IL's will however be
substancially reduced in net across BTO and ASO. Some opportunities
will exist for displaced IL's to support the consulting and customer
solutions business which was reported to be growing.
There was also mention of cable manufacturing opportunities for BTO
but John was less optimistic about this opportunity.
John reported that these decisions have been made in the overall business
interest of the corporation. The "Tax Havens" off-shore are reported to
be the major driving force behing the transition of the power business out
of BTO.
There are a lot of long faces here in Burlington today...
Erik
|
92.58 | They still won't use the L word, huh? | SCAM::GRADY | tim grady | Thu Apr 11 1991 12:25 | 15 |
|
Gee, lucky think he happened to be in BTO to hear the bad news. MEIS::
is Tewksbury MFG, and god knows how long they could be around.
>100 - 200 will be
>transitioned through involuntary severance.
It continues to fascinate me how spineless management categorically
refuses to use the word 'Layoff'. Maybe if just one of them would come
right out and say it, we could dispense with these silly euphemisms.
Sad news for BTO... I hope these people come out of it ok...
tim
|
92.59 | The News Is Out | EXIT26::SNODGRASS | | Thu Apr 11 1991 14:06 | 10 |
|
Well Marv you were right. All of MCG got wacked yesterday about 340
people. But they need us to finish up things so we're here for the rest
of the FY . Then we get the Package. Most folks seemed relieved though
that there is end to all the rumours and uncertanty, I know I am.
Well with 24+ weeks starting in July maybe I can hit the summer tour;^)
Who knows.
steve
|
92.60 | eno too | SPICE::PECKAR | Congratulations! | Thu Apr 11 1991 15:40 | 9 |
|
Also in the rumor mill, fwiw...
160 ENO employees got hit this week with a layoff similar to that
offered at BTO.
Fog_whose_already_lost_a_few_of_his_closest_co-werkers
|
92.61 | "Layoff" is a technical term with legal implications | DECWET::HAMBY | | Thu Apr 11 1991 18:12 | 12 |
| A reason not to use the work "layoff" is that these aren't layoffs.
These are terminations. If someone is layed off, it means that they
will be recalled to work when the company is hiring again. Because DEC
is supposedly terminating people whose jobs are "no longer necessary",
there is no implied intent to recall anyone once the company's fortunes
improve.
Personally, I think the company would be better off retraining people
to perform understaffed job functions, but nobody in power is
interested in my opinion.
John
|
92.62 | Time to face the facts | BIODTL::FERGUSON | the rainbow has a beard | Thu Apr 11 1991 19:57 | 10 |
| RE <<< Note 92.61 by DECWET::HAMBY >>>
> Personally, I think the company would be better off retraining people
> to perform understaffed job functions, but nobody in power is
> interested in my opinion.
For the record, this is K.O.'s philosophy. At any rate, the fact is, DEC
has way too many people. Whether or not the "right" people will get cut
is a totally different story.... there are a lot of people taking Digital
Equipment Corporation for a ride, at DEC's expense....
|
92.63 | | BCSE::ABBOT | Peace | Thu Apr 11 1991 20:30 | 6 |
| Unfortunately many of those people "taking DEC for a ride" will
probably not be affected by the reduction. Those who have the power to
abuse the company also have the power to keep their jobs.
Scott
|
92.65 | them changes ....to be continued | WFOV12::BUTZE | Do the trouser press baby | Fri Apr 12 1991 14:27 | 4 |
| no rumor about ENO Fog...they are closed.....I also have a good friend
there..to bad....
rich
|
92.66 | | SPOCK::IRONS | Might as well | Fri Apr 12 1991 16:03 | 8 |
| Some "transition" people are getting retrained. The System Management
Trainee Program (SMTP) is retraining people to be systems managers.
This a big need for them in DEC, or there was last year. We had 4
trainees ojt'ing in my group. 2 have found jobs already. I
participated in training one, and he get's payed more than me. Hmmm.
Well, at least my boss put that on my review.
dave
|
92.67 | deep dark depression, excessive misery | RUMOR::CLARK | honor veterans - wage peace | Tue Apr 23 1991 13:11 | 14 |
| re <<< Note 92.44 by ISLNDS::CLARK "honor veterans - wage peace" >>>
The world is a darker place today ....
<<< TURRIS::TURRIS$DUA18:[NOTES$LIBRARY]EASYNET_CONFERENCES.NOTE;4 >>>
-< EasyNet Conference Directory >-
================================================================================
Note 3189.1 Deleted Brady Bunch conference 1 of 1
APOLLO::MCGARRAH "Lisa (Okerlund) McGarrah" 3 lines 22-APR-1991 12:14
-< Deleted Conference >-
--------------------------------------------------------------------------------
This conference has been deleted.
|
92.68 | | BOSOX::HENDERSON | With a billion stars all around | Tue Apr 23 1991 13:21 | 10 |
|
How unfortunate.
Jim
|
92.69 | I still say start a COWSILLS note | WFOV12::BUTZE | Do the trouser press baby | Tue Apr 23 1991 13:28 | 4 |
| sniffle
rich
|
92.70 | Memo to Jack Smith re: BTO closing | NECSC::LEVY | Love is real, not fade away | Tue Apr 23 1991 15:01 | 131 |
| This is posted with permission of the author. He indicated that it's ok to
circulate.
>Date: 23-APR-1991 11:33:29.18
>From: BTOQA::MESSIER "Tom Messier - QA Engineering"
>To: NECSC::LEVY
>
>Go head and post it if you'd like....I don't have any problem with that.
>(Sounds like it's already being circulated around anyway.....got a message
>from a guy in Europe who said he saw it.)
>
>Tom
Date: 22-APR-1991 16:56:03.45
From: BTOVT::BAGDY_M "METALGod in the making !"
To: necsc::levy
================================================================================
Note 237.0 Letter Sent to Jack Smith re: BTO 21 replies
BTOVT::MESSIER 110 lines 12-APR-1991 13:38
--------------------------------------------------------------------------------
4/11/91
Dear Mr. Smith,
I'm a Quality Assurance Engineer at the (BTO) Burlington, Vermont
facility. The day before yesterday we were told by our plant
manager that manufacturing operations were going to be discontinued
in BTO, ending with the Aquarius product in approximately 15 months,
and that involuntary severance would begin this month. Although
this announcement only confirmed the rumors we had already heard,
the realization of it came as quite a shock to most of us here.
What was even more upsetting was the fact that the manufacturing
of modules, power and post-Aquarius systems (products that have
traditionally been manufactured in BTO) were being moved out of the
United States and into Gallway, Hong Kong and Puerto Rico.
The only so called good news we were told was that BTO was going to
continue with the Benchmark, CCD, and CSI work we're presently
doing. Many of us here speculate that it's only a matter of time
before this work is transferred also. Many are convinced that without
manufacturing, it just doesn't make sense that this "right hand"
work would stay here.
As I try to make sense of all this, I'm still not sure what happened
or how this all came to be. Maybe we should have seen it coming.
Most of us didn't. As I reflect back over the years and look at BTO's
manufacturing accomplishments, I wonder what we should have or could
have done differently to change the outcome. I can't find the answer.
When I look back on the 11 plus years that I've worked here, I see one
BTO manufacturing success story after another - from the PDP 11/70
to the Vax 9000. It's been our understanding that we were looked
upon very favorably by the corporation as one of the top DEC
manufacturing sites (if not THE top) - a leader with dedicated people
that made things happen. We were made to feel proud - we were doing
the right things. If this is all true, then why, of all the Digital
manufacturing facilities in the U.S., has manufacturing operations
been pulled out of BTO?
A very recent example of BTO manufacturing's loyalty and excellence
comes quickly to mind, although this is only one example of many I
could give.
In Q2 we were asked to ship 68 Vax 9000 systems, a task that many
didn't think was possible. We as a plant knew the corporation was
counting on us. BTO manufacturing people put their personal lives
on hold working long hours seven days a week for many weeks in order
to get these products out the door. This lost time with their families
would never be re-captured, but people here did what needed to be
done to help keep DEC afloat. This dedication and sacrifice paid off
because we not only met our goal, but we exceeded it by shipping an
additional 6 systems! It was BTO manufacturing people and their
support functions who made it all happen. We were heroes - at least
for a while. I remember mail message after mail message being
circulated around congratulating and praising us for pulling this off.
You could feel and see the pride in people's faces - and people felt
that what they gave was appreciated. They had made great sacrifices
and the outcome was total success. Looking back over the years at
other products we built, the story is the same - just the products
themselves are different.
For the past 11 years I've felt that Digital was certainly the best
company I had ever worked for. (This feeling has been shared by just
about anyone else who has ever worked for any other company before
coming here.) Digital has been much more "family" oriented than I
had ever expected a large corporation to be. A company who hosted
family holiday events and family outings. A company with compassion
to the extent that even in hard times, they had never laid anyone
off before. While there have never been any guarantees that this would
continue forever, people appreciated being kept on the payroll while
Digital rode out the economic storms. They appreciated it and realized
how fortunate they were to be part of such a people oriented company.
A company that cared. And because the company cared and did so much
for the people, the people cared enough to give back to the company
when the work load demanded the extra effort.
Now it seems that the proverbial rug is being pulled out from under
us here in BTO. Our future is being transferred to foreign countries.
It's the same story you hear every day.....American owned companies
transferring their manufacturing operations out of the U.S. - Cheaper
labor, tax havens, politics, etc. Others prospering at the expense
of our own people. Somewhere in the midst of all this the image of
"family" and of people dedicated to companies and companies dedicated
to people quickly fades. Along with it fades the American sense of
pride, of giving your best productive years to a company only to be
told "we can do it cheaper somewhere else". Are our contributions
forgotten? It's very dis-heartening to come to the reality that what
we in BTO have done in the past doesn't seem to matter now - it all
comes down to politics. Not only are the people here let down, but
they're angry and afraid. Angry at the corporation for giving their
work to other countries, and afraid for their jobs, their livelihood
being at stake.
I realize that the problem is much bigger than just Digital Burlington,
or even Digital as a whole for that matter. As a nation, there's
something very wrong when companies can't afford to manufacture their
products right here in the U.S. I'm not sure what the answer is short
of eliminating the tax havens and passing legislation that would limit
the amount of work off loaded outside the U.S. It seems to me we're
shooting ourselves in the foot when we put our own people out of work.
When consumers aren't working, they aren't spending money.....and when
they aren't spending money the nation as a whole suffers.
I'd like to thank you for taking the time to read through this - I
realize it's rather lengthy, but I felt it was important to express
my thoughts to you - thoughts that are shared by many others here in
BTO.
Sincerely, Tom Messier
Burlington, Vermont
|
92.71 | Sad | BIODTL::FERGUSON | the rainbow has a beard | Tue Apr 23 1991 15:12 | 4 |
| Dave, which notes file is that from? I'd be interested in reading some of
the replies.
|
92.72 | re: source of .70 | NECSC::LEVY | Love is real, not fade away | Tue Apr 23 1991 15:39 | 12 |
| The conference in which .70 originated is a members-only notesfile located on
a system in the BTO facility. The moderator of that conference wants to keep it
private, so the specific conference information was removed from the note when
it was mailed to me.
There is a public conference BTO::VERMONT at that site, but this memo ain't in
it.
.70 was posted as a follow-up to the original posting in 125.133. I put it here
since this seemed a more appropriate place.
~dave
|
92.73 | | MSHRMS::FIELDS | A Time 4peace I Swear Its Not 2L8 | Tue Apr 23 1991 16:16 | 4 |
| Thanks Dave, I've been out or too busy to track down the source of my
posting in 125.???
Chris
|
92.74 | DEC is smokin' with water pipes! | SPOCK::IRONS | Might as well | Tue Apr 30 1991 12:46 | 394 |
| From: CSGDEC::CRONIC::ORTH "Crash all you want, we'll boot more. 30-Apr-1991 0913" 30-APR-1991 09:15:55.77
To: bruceg davei edf joeb
CC:
Subj: Have your local plumber install your next network
From: CRONIC::ANSTINE "Tom Anstine 225-6147 30-Apr-1991 0853" 30-APR-1991
08:56:36.16
To: @DIST:SSS
CC:
Subj: Be the first on your block to have your very own network....that is as
long as it you are in the same town as the plant......
From: BOSTON::GEOFFROY "SENIOR CONSULTANT 224-7441 30-Apr-1991 0825"
30-APR-1991 08:25:12.38
To: @DIS:INFO
CC:
Subj: Emerging Technologies
From: NEMAIL::NEMAIL::MRGATE::"A1::COLUMBUS.JOHN" 29-APR-1991 19:14:25.38
To: @Distribution_List
CC:
Subj: Ethernet over water pipes (not a joke)
From: NAME: JOHN COLUMBUS
FUNC: BOSTON FIELD SERVICE
TEL: (617)654-1602 <COLUMBUS.JOHN AT A1 at WAV14 at
WAO>
To: See Below
The following memo describes a new Digital product which allows
Ethernet signals to travel over cold water pipes using a technology
co-developed with the U.S. Navy.
This may be a creative solution in enviornments where running cable is
cost prohibitive or impossible. If you have a customer where you think
this may fit, let me know.
From: NAME: VMSMail User COLUMBUS
FUNC:
TEL:
Date: 29-Apr-1991
Posted-date: 29-Apr-1991
Precedence: 1
Subject: FWD: New Ethernet Techology
To: COLUMBUS@NEMAIL@MRGATE
From: NEMAIL::NEMAIL::MRGATE::"USWAV4::MRGATE::META4::WEISS" 18-APR-1991
23:43:13.91
To: NEAGP::MARAND,BOSNET::COLUMBUS,EMASS::WHITLOW
CC:
Subj: New Ethernet Techology
From: NAME: WEISS <WEISS@META4@MRGATE@USWAV4@WAO>
To: See Below
From: KOKO::ANC "17-Apr-1991 1255" 17-APR-1991 13:56:19.43
To: @ANC
CC:
Subj: FYI: New Ethernet enhancements ;-) !(From: WARP5::LARUE "Jeff LaRue:
U.S. Networks DCC Consultant 17-Apr-1991 1358")
From: DELNI::S_LANE "STEVE, NW. MGT. PRODUCT MANAGEMENT, LKG2-1/X2,
DTN:226-5067, NIL
ADMIRARI" 14-MAR-1991 17:28:52.31
From: DECWRL::"NET_MIGUEL@NET.EBT.ANRJ.BR"
"Planejamento de Redes - EMBRATEL - Rio, Brasil" 14-MAR-1991 16:47:37.87
NEW ANNOUNCEMENT!!!!!
=====================
-< ETHERNET - Data Communications for the Future >-
The following is taken from a recent press release issued thru FS Marketing in
Marlboro.
DIGITAL ANNOUNCES PIPELINED ETHERNET
At a recent press conference in Marlboro, a Digital Spokesperson announced an
exciting new product which has been the result of several years of joint
development between Digital and the United States Navy Submarine
Communications Research Centre based at Norfolk, Virginia.
Navy engineers have for years been experimenting with Ultra Low Frequency
(ULF) radio communications for contacting submarines whilst they are
submerged, thus eliminating the need for the vessel to surface or send up
radio buoys and risk visual or radar detection. This practice makes use of
the sea itself as a transmission medium and initial tests have proved very
successful, under all weather conditions, in maintaining contact with a
Trident class nuclear submarine during a trans-Atlantic crossing.
Now in a joint project working with Digital's Networking and Resources Centre
in Colorado, a new product using Ethernet on ULF has been developed - DEUPT -
Digital Ethernet Ultra Low Frequency Pipeline Transponder.
Using the existing cold water pipes within offices and factories will provide
a cheap and realistic medium for Ethernet distribution, no longer requiring an
expensive thick-wire or Broadband cable to be installed. The DEUPT is
installed into the cold water pipe at each required distribution point and a
transceiver drop cable will then run to the Ethernet device. The hardware
consists of a ULF Transceiver and a Radio Frequency Modem contained in a
watertight package the same size as a Terminal Server 200 (DSRVB). Power is
supplied externally and units are not mains frequency sensitive enabling one
power supply to be used worldwide with only voltage switching. Water
connections are via 15mm Copper Compression Connectors on the rear of the
device. Adapters will be available to convert to Imperial and U.S. 1/2 inch
pipe, and reducing pieces and T-connectors are also available for 22mm/3/4in
and 28mm/1in pipe.
Initially designed for use on IEEE 802.3 networks, the DEUPT is also backwards
compatible with 802.2 devices such as the DEUNA and DELNI, although it is not
possible to run both protocols on the same network.
For those customers wishing to run only a Local Area Network (LAN), it is
necessary to install a ULF blocker on the incoming water main supply pipe from
the Utility Company. This prevents ULF signals being transmitted along the
main water supply pipes to other locations.
Conversely, Wide Area Networks (WAN's) are now possible using a ULF Amplifier
on the incoming water main to transmit data packets to other users within the
same Water Utility Company area, doing away with expensive telephone networks
and satellite links. Such WAN's are limited to a 100Km radius from the "Hub"
system, i.e. ULF networks must be based on a star configuration. The DEUWA
(Digital Ethernet Ultra Low Frequence Wide Area Network Amplifier) should be
available in Q2,90.
Expected developments within the next two years include the Country Wide
Network (CWN) and the World Wide Network (WWN).
According to the Digital Spokesperson "Where theres running water, Digital
will soon have the technology to use it for a data transmission medium. No
ocean will be too wide, no stream too small, for soon Digital will have the
whole world DEUPT."
To Distribution List:
TERRY WRIGHT@RCO,
DON FRASCH@RCO,
CLAUDE ADAIR@RCO,
GEORGE DIXON@BXO,
SHAHPAR FORADI@BXO,
MIKE CALCAGNI@BXO,
MARK MARAND@BXO,
JOHN COLUMBUS@BXO,
BRENDA CELESTE@WAO,
JOHN WHITLOW@WAO,
JACK AVERY@WAO,
DICK ROMANO@MHO,
BARBARA MAY@OFO,
ROB NICHOLS@OFO,
JOE CYR@OFO,
BOB DEEP@SYO,
TOM WILT@RCH,
MIKE SPILLANE@RCH,
TOM MORIARTY@RCH,
ALEX MONSIEGNEUR@RCH,
GARY STREVELL@ALO,
BRUCE SHREFFLER@ALO,
DUANE PETRORO@WHO,
MARTY CITRON@LIO,
PETER ELLIS@AWO,
NICK YANNIOS@AWO,
MITCH KAUFMAN@NJO,
BRUCE WEGER@KYO,
LYNN SHANNON@KYO,
ALEX MONTARE@KYO,
RON WING@KYO,
LARRY FERMI@KYO,
TED KOCH@KYO,
BEN TUORTO@UKO,
PETE CARRABBA@SHR
To Distribution List:
NAME: Mary Arena <ARENA.MARY AT A1 at WAV14 at WAO>,
CINDY AREY @BXO,
NAME: Thornton Ash <ASH.THORNTON AT A1 at WAV14 at WAO>,
NAME: patricia barry <BARRY.PATRICIA AT A1 at WAV14 at WAO>,
NAME: Benjamin Bejar @BXO <BEJAR.BENJAMIN AT A1 at WAV14 at WAO>,
NAME: Rob Bond @BXO <BOND.ROB AT A1 at WAV14 at WAO>,
NAME: RICHARD BRILL @BNO <BRILL.RICHARD AT A1 at WAV14 at WAO>,
NAME: RITA L. BROWN <BROWN.RITA AT A1 at WAV14 at WAO>,
NAME: Ed Bullock <BULLOCK.ED AT A1 at WAV14 at WAO>,
BUNCH.LEON AT A1 at WAV14 at WAO,
NAME: JACKIE CARLSON <CARLSON.JACKIE AT A1 at WAV14 at WAO>,
NAME: NUNZIO CELONA @BNO <CELONA.NUNZIO AT A1 at WAV14 at WAO>,
NAME: Dave Chabot@bxo <CHABOT.DAVE AT A1 at WAV14 at WAO>,
NAME: Marti Chaffee @BXO <CHAFFEE.MARTI AT A1 at WAV14 at WAO>,
NAME: COCOMILE.KIM <COCOMILE.KIM AT A1 at WAV14 at WAO>,
NAME: STEPHEN DAGOSTINO <DAGOSTINO.STEPHEN AT A1 at WAV14 at WAO>,
NAME: BOB DAVISON <DAVISON.BOB AT A1 at WAV14 at WAO>,
NAME: RICK DELLOVO <DELLOVO.RICK AT A1 at WAV14 at WAO>,
NAME: JANET DETTORRE @BXO <DETTORRE.JANET AT A1 at WAV14 at WAO>,
NAME: Tom Devine <DEVINE.TOM AT A1 at WAV14 at WAO>,
NAME: George Dixon <DIXON.GEORGE AT A1 at WAV14 at WAO>,
NAME: PATTI FLYNN <FLYNN.PATTI AT A1 at WAV14 at WAO>,
NAME: brendan fratus @bxo <FRATUS.BRENDAN AT A1 at WAV14 at WAO>,
FREITAS@BOSTON@VMSMAIL,
NAME: PAM FRENCH @BXO <FRENCH.PAM AT A1 at WAV14 at WAO>,
NAME: LISA FUNARI <FUNARIL.LISA AT A1 at WAV14 at WAO>,
NAME: LARAINE GARRITY <GARRITY.LARAINE AT A1 at WAV14 at WAO>,
NAME: Rick Gaynor @BXO <GAYNOR.RICK AT A1 at WAV14 at WAO>,
GEOFFROY@BOSTON@VMSMAIL,
NAME: LISA GOOBER <GOOBER.LISA AT A1 at WAV14 at WAO>,
NAME: JEANETTE GOODWIN @BXO <GOODWIN.JEANETTE AT A1 at WAV14 at WAO>,
NAME: BARC GRAVEL <GRAVEL.MARC AT A1 at WAV14 at WAO>,
NAME: Linda Green <GREEN.LINDA AT A1 at WAV14 at WAO>,
GUALTIERI@SLUGER@VMSMAIL,
NAME: Mike Halpern <HALPERN.MIKE AT A1 at WAV14 at WAO>,
NAME: KEN HANLY @BXO <HANLY.KEN AT A1 at WAV14 at WAO>,
NAME: [BBERT HARROW <HARROW.ROBERT AT A1 at WAV14 at WAO>,
NAME: GAIL M. HARVEY <HARVEY.GAIL AT A1 at WAV14 at WAO>,
NAME: TOM HYDE <HYDE.TOM AT A1 at WAV14 at WAO>,
NAME: Sharon Iannuzzi <IANNUZZI.SHARON AT A1 at WAV14 at WAO>,
DICK IWANICKI @MRO,
NAME: Richard Izzi <IZZI.RICHARD AT A1 at WAV14 at WAO>,
NAME: Maria Joyce <JOYCE.MARIA AT A1 at WAV14 at WAO>,
NAME: CAROL KELLEY @BXO <KELLEY.CAROL AT A1 at WAV14 at WAO>,
NAME: JANET KENNEDY @BNO <KENNEDY.JANET AT A1 at WAV14 at WAO>,
NAME: [Bcinda Larson @WAO <LARSON.LUCINDA AT A1 at WAV14 at WAO>,
NAME: Cathy Loiselle @BXO <LOISELLE.CATHY AT A1 at WAV14 at WAO>,
NAME: Nancie Long-Manning @wao <LONG-MANNING.NANCIE AT A1 at WAV14 at WAO>,
NAME: JEFF LUPISELLA <LUPISELLA.JEFF AT A1 at WAV14 at WAO>,
NAME: BETH MARSDEN @BXO <MARSDEN.BETH AT A1 at WAV14 at WAO>,
NAME: MARK MAURIELLO <MAURIELLO.MARK AT A1 at WAV14 at WAO>,
NAME: Steve McGowan @bxo <MCGOWAN.STEVE AT A1 at WAV14 at WAO>,
NAME: Ted McKie @BXO <MCKIE.TED AT A1 at WAV14 at WAO>,
NAME: William Meisner <MEISNER.WILLIAM AT A1 at WAV14 at WAO>,
NAME: ELIZABETH MELANSON <MELANSON.ELIZABETH AT A1 at WAV14 at WAO>,
NAME: STEPHANIE MELONE <MELONE.STEPHANIE AT A1 at WAV14 at WAO>,
NAME: ROBERTA MESSINA @BXO <MESSINA.ROBERTA AT A1 at WAV14 at WAO>,
NAME: Michelle Minichino <MINICHINO.MICHELLE AT A1 at WAV14 at WAO>,
MITCHELL@MITCH@VMSMAIL,
NAME: [B[B Montesion <MONTESION.JOHN AT A1 at WAV14 at WAO>,
NAME: MARIE NORTON <NORTON.MARIE AT A1 at WAV14 at WAO>,
NAME: PAM PACKARD <PACKARD.PAM AT A1 at WAV14 at WAO>,
NAME: Walter Padovani <PADOVANI.WALTER AT A1 at WAV14 at WAO>,
NAME: RICHARD PEPA <PEPA.RICHARD AT A1 at WAV14 at WAO>,
NAME: JANICE PICARD @BXO <PICARD.JANICE AT A1 at WAV14 at WAO>,
NAME: Angela Piccuito <PICCUITO.ANGELA AT A1 at WAV14 at WAO>,
NAME: STEVEN J. QUEZADA <QUEZADA.STEVE AT A1 at WAV14 at WAO>,
NAME: BEVERLEY J. REYNOLDS @BXO <REYNOLDS.BEVERLY AT A1 at WAV14 at WAO>,
NAME: Harry Robertson <ROBERTSON.HARRY AT A1 at WAV14 at WAO>,
NAME: MARK E. ROGERS <ROGERS.MARK AT A1 at WAV14 at WAO>,
NAME: Kiran Shah <SHAH.KIRAN AT A1 at WAV14 at WAO>,
NAME: Debbie Shaw @BXO <SHAW.DEBBIE AT A1 at WAV14 at WAO>,
NAME: DEBBIE SHAW @BXO <SHAW.DEBBIE AT A1 at WAV14 at WAO>,
NAME: DIANE SHURTLEFF @BXO <SHURTLEFF.DIANE AT A1 at WAV14 at WAO>,
NAME: JONATHAN SOL @BXO <SOL.JONATHAN AT A1 at WAV14 at WAO>,
NAME: Karen Stelle @OFO <STELLE.KAREN AT A1 at WAV14 at WAO>,
NAME: Kevin Stevenson <STEVENSON.KEVIN AT A1 at WAV14 at WAO>,
NAME: Stephen Sweetapple <SWEETAPPLE.STEPHEN AT A1 at WAV14 at WAO>,
TATA.TOM AT A1 at WAV14 at WAO,
NAME: Greg Tobin @BXO <TOBIN.GREG AT A1 at WAV14 at WAO>,
NAME: tED WOOD @BXO <WOOD.TED AT A1 at WAV14 at WAO>,
NAME: Vin Accorsini <ACCORSINI.VIN AT A1 at WAV14 at WAO>,
ADAM.CAROLYN AT A1 at WAV14 at WAO,
ANASTOS.CHRIS AT A1 at WAV14 at WAO,
BARBA.ANGELA AT A1 at WAV14 at WAO,
BEEPOT.JOANNE AT A1 at WAV14 at WAO,
NAME: KAREN BERGERON @BXO <BERGERON.KAREN AT A1 at WAV14 at WAO>,
NAME: EDWARD BIANCO <BIANCO.EDWARD AT A1 at WAV14 at WAO>,
NAME: Patricia Blakeney <BLAKENEY.PAT AT A1 at WAV14 at WAO>,
NAME: NORMAND BOURGEOIS <BOURGEOIS.NORMAND AT A1 at WAV14 at WAO>,
ERIC BRAGG @BXO,
NAME: BECCA BROWNSON @BXO <BROWNSON.BECCA AT A1 at WAV14 at WAO>,
NAME: Barbara A Buckley <BUCKLEY.BARBARA AT A1 at WAV14 at WAO>,
NAME: RUDY BUFORD <BUFORD.RUDY AT A1 at WAV14 at WAO>,
NAME: PAUL BURKE <BURKE.PAUL AT A1 at WAV14 at WAO>,
NAME: MIKE CALCAGNI @BXO <CALCAGNI.MIKE AT A1 at WAV14 at WAO>,
CHAMBERS.ED AT A1 at WAV14 at WAO,
NAME: KARL CHEN <CHEN.KARL AT A1 at WAV14 at WAO>,
NAME: Benjamin Chu <CHU.BENJAMIN AT A1 at WAV14 at WAO>,
CHURCHILL.JOHN AT A1 at WAV14 at WAO,
CLARK.PHIL AT A1 at WAV14 at WAO,
NAME: Arnold Cohen <COHEN.ARNIE AT A1 at WAV14 at WAO>,
COLUMBUS@BOSNET@VMSMAIL,
NAME: Christine Courtney <COURTNEY.CHRISTINE AT A1 at WAV14 at WAO>,
AMY CRAWFORD @BXO,
NAME: Joe D'Agostino <DAGOSTINO.JOE AT A1 at WAV14 at WAO>,
NAME: ALLEN G. DEPEW <DEPEW.AL AT A1 at WAV14 at WAO>,
KEVIN H. DRISCOLL @BXO,
NAME: Margaret W. Ellis <ELLIS.MEG AT A1 at WAV14 at WAO>,
EVANS.JOHN AT A1 at WAV14 at WAO,
NAME: BEN FARRIS @BXO <FARRIS.BEN AT A1 at WAV14 at WAO>,
NAME: Edward Featherston <FEATHERSTON.EDWARD AT A1 at WAV14 at WAO>,
FIORENTINO.JOE AT A1 at WAV14 at WAO,
NAME: Maura Flanagan <FLANAGAN.MAURA AT A1 at WAV14 at WAO>,
FOLEY.FRANK AT A1 at WAV14 at WAO,
NAME: SHAHPAR FORADI @BXO <FORADI.SHAHPAR AT A1 at WAV14 at WAO>,
FORD.MONTE AT A1 at WAV14 at WAO,
NAME: MARTI FOWLER @UFO <FOWLER.MARTHA AT A1 at WAV14 at WAO>,
DAVID GALVIN @BXO,
NAME: PEGGY GARDINER <GARDINER.PEGGY AT A1 at WAV14 at WAO>,
GARDNER @BOSWKG @VMSMAIL,
NAME: Pam Gasek <GASEK.PAM AT A1 at WAV14 at WAO>,
NAME: CRAIG GREAVES @BXO <GREAVES.CRAIG AT A1 at WAV14 at WAO>,
NAME: Yoluanda Griffin <GRIFFIN.YOLUANDA AT A1 at WAV14 at WAO>,
NAME: SUZANNE GRILLO @BXO <GRILLO.SUZANNE AT A1 at WAV14 at WAO>,
NAME: ANTHONY GRISE @BXO <GRISE.ANTHONY AT A1 at WAV14 at WAO>,
NAME: GARY HALLORAN @BXO <HALLORAN.GARY AT A1 at WAV14 at WAO>,
NAME: [Bvin Hanron @BXO <HANRON.KEVIN AT A1 at WAV14 at WAO>,
NAME: KAREN HANSON @BXO <HANSON.KAREN AT A1 at WAV14 at WAO>,
NAME: Andrea Hauser @BXO <HAUSER.ANDREA AT A1 at WAV14 at WAO>,
MARK HAYES @BXO,
NAME: Roger Heller <HELLER.ROGER AT A1 at WAV14 at WAO>,
TIM HICKS @BXO,
SUSAN HILL @BXO,
NAME: Hintlian,Nancy E. <HINTLIAN.NANCY AT A1 at WAV14 at WAO>,
NAME: ROBERT HURLEY @BXO <HURLEY.ROBERT AT A1 at WAV14 at WAO>,
NAME: Joe Kynoch <KYNOCH.JOE AT A1 at WAV14 at WAO>,
NAME: MARIBETH LAMARRE <LAMARRE.MARIBETH AT A1 at WAV14 at WAO>,
NAME: BENNETT D. LASHER <LASHER.BENNET AT A1 at WAV14 at WAO>,
NAME: MICHAEL LEARY <LEARY.MICHAEL AT A1 at WAV14 at WAO>,
NAME: JUDY LEASK @BXO <LEASK.JUDY AT A1 at WAV14 at WAO>,
NAME: ALICIA LECLAIRE <LECLAIRE.ALICIA AT A1 at WAV14 at WAO>,
NAME: Brian Lipka <LIPKA.BRIAN AT A1 at WAV14 at WAO>,
LUCCHESI.SANDY AT A1 at WAV14 at WAO,
LUCCI.JOAN AT A1 at WAV14 at WAO,
NAME: John F. Lyons <LYONS.JOHN AT A1 at WAV14 at WAO>,
NAME: Pamela MacLeod <MACLEOD.PAMELA AT A1 at WAV14 at WAO>,
MAHONEY.JACK AT A1 at WAV14 at WAO,
MALLEN.DENISE AT A1 at WAV14 at WAO,
NAME: JANE MANN @BXO <MANN.JANE AT A1 at WAV14 at WAO>,
NAME: BARBARA MARCUS @BXO <MARCUS.BARBARA AT A1 at WAV14 at WAO>,
NAME: CECILE MCCARTHY <MCCARTHY.CECILE AT A1 at WAV14 at WAO>,
MCCARTHYG@FREDOM@VMSMAIL,
MCCOLGAN.MICHAEL AT A1 at WAV14 at WAO,
NAME: CRAIG MCDERMOTT <MCDERMOTT.CRAIG AT A1 at WAV14 at WAO>,
NAME: Steve McGowan <MCGOWAN.STEVE AT A1 at WAV14 at WAO>,
NAME: John H. McNulty @bxo <MCNULTY.JACK AT A1 at WAV14 at WAO>,
NAME: ANNE P. MCWALTER <MCWALTER.ANNE AT A1 at WAV14 at WAO>,
MEISNER @MEISNR @VMSMAIL,
NAME: JOHN MISCHIK @BXO <MISCHIK.JOHN AT A1 at WAV14 at WAO>,
NAME: DAVID MOHR <MOHR.DAVID AT A1 at WAV14 at WAO>,
NAME: John Montesion <MONTESION.JOHN AT A1 at WAV14 at WAO>,
NAME: Paul Morris @BXO <MORRIS.PAUL AT A1 at WAV14 at WAO>,
TODD MYERS @OFO,
NAME: JEFF NETTER <NETTER.JEFF AT A1 at WAV14 at WAO>,
NOFTLE.SALLY AT A1 at WAV14 at WAO,
NAME: JULIE OBRIEN <OBRIEN.JULIE AT A1 at WAV14 at WAO>,
MARYGRACE OHORA @BXO,
PARAISON@BOSTON@VMSMAIL,
NAME: SHARON PATTERSON <PATTERSON.SHARON AT A1 at WAV14 at WAO>,
NAME: stephen peabody <PEABODY.STEVE AT A1 at WAV14 at WAO>,
NAME: ROSEMARIE PEARCE <PEARCE.ROSEMARIE AT A1 at WAV14 at WAO>,
NAME: Phil Perkins <PERKINS.PHIL AT A1 at WAV14 at WAO>,
PIACENTINO.LYNN AT A1 at WAV14 at WAO,
NAME: Howard Pinsky <PINSKY.HOWARD AT A1 at WAV14 at WAO>,
NAME: Robert Pouliot <POULIOT.ROBERT AT A1 at WAV14 at WAO>,
NAME: DAVE RICHARDSON <RICHARDSON.DAVE AT A1 at WAV14 at WAO>,
NAME: Harry Robertson <ROBERTSON.HARRY AT A1 at WAV14 at WAO>,
NAME: Kevin Ronayne <RONAYNE.KEVIN AT A1 at WAV14 at WAO>,
NAME: ANN RUBINSTEIN @OFO <RUBINSTEIN.ANN AT A1 at WAV14 at WAO>,
NAME: Karen Sale <SALE.KAREN AT A1 at WAV14 at WAO>,
NAME: SANGHANI.SURESH <SANGHANI.SURESH AT A1 at WAV14 at WAO>,
NAME: Pam Schaefer <SCHAEFER.PAM AT A1 at WAV14 at WAO>,
NAME: RANDI SCHEINBLUM <SCHEINBLUM.RANDI AT A1 at WAV14 at WAO>,
BEAU @36722 @VMSMAIL,
NAME: TOM SHEEHAN @BXO <SHEEHAN.TOM AT A1 at WAV14 at WAO>,
SNIEGOCKI@BOSKMO@VAXMAIL,
SPATARO.STEVEN AT A1 at WAV14 at WAO,
NAME: Kevin Stevenson <STEVENSON.KEVIN AT A1 at WAV14 at WAO>,
NAME: Stephen Sweetapple <SWEETAPPLE.STEPHEN AT A1 at WAV14 at WAO>,
NAME: DIANE TOLOMEA @BXO <TOLOMEA.DIANE AT A1 at WAV14 at WAO>,
NAME: John Trotsky <TROTSKY.JOHN AT A1 at WAV14 at WAO>,
NAME: ROBERT VAN EMBURGH <VANEMBURGH.BOB AT A1 at WAV14 at WAO>,
VENEZIANO.PAUL AT A1 at WAV14 at WAO,
WALSH.BOB AT A1 at WAV14 at WAO,
GENE WALTER @BXO,
NAME: Jack R. Ward <WARD.JACK AT A1 at WAV14 at WAO>,
WARD.PETER AT A1 at WAV14 at WAO,
NAME: CHARLES H. WOOD JR. <WOOD.SKIP AT A1 at WAV14 at WAO>,
NAME: BOB WILSON @WAO <WILSON.BOB AT A1 at WAV14 at WAO>
|
92.75 | Is it me or is this a really bad idea??? | MR4DEC::WENTZELL | Coed Naked Noting | Thu May 16 1991 13:34 | 22 |
| Haven't been able to verify the following, so place it in the rumor file for
now. It still bothers me me though - to begin with who decides what is
"legitimate DEC business", some mail-room clerk (no offense intended to the
mail-room clerks of the universe), and this is for cost REDUCTION?????
How much time/effort/cost will this add to the processing of such mail??
I want to believe people actually think before they act in this company, but
it is real hard. :^/
Scott
-----------------------------------------------------------------------------
<forwards removed>
;from ABO
We were notified this morning that as part of DEC cost reduction
programs, all inter-office mail in brown envelopes will be opened
by the mail room clerk. Any material that is not legitimate
DEC business will be returned to the sender, or, if no return address
is available, will be thrown away. This announcement claimed that
anything put in a brown inter-office envelope and placed in the
inter-office mail system becomes the property of DEC. *ALL* such
mail will be opened and inspected.
|
92.76 | | BOSOX::BRIDGES | to shed light not to master | Thu May 16 1991 13:48 | 10 |
| re: <<< Note 92.75 by MR4DEC::WENTZELL "Coed Naked Noting" >>>
> -< Is it me or is this a really bad idea??? >-
That's a real bad idea IMO. Even Business related can be "personal".
What about propritory info? I know I don't want a mailclerk reading
something that he/she shouldn't be reading.
Shawn
|
92.77 | | BCSE::ABBOT | Angels on Ariels | Thu May 16 1991 14:18 | 14 |
| What next? An "email clerk" to intercept all mail messages and send
them to the bit bucket if they're not work related?
Do they have a "confidential, to be opened only by the addressee"
classification here? When I worked at Bell Labs you could get these red
stickers and seal the envelopes with them and if the seal was broken by
anyone but the addressee there could be serious trouble.
Sounds like an incredible waste of time, given the amount of
interoffice mail and the small percentage of it that may not be work
related.
Scott
|
92.78 | | BOSOX::HENDERSON | Seems a common way to go | Thu May 16 1991 14:57 | 8 |
| I have a suspicion that this may wind up being one of those DECurbanmyths (tm)
Jim
|
92.79 | | CLOSUS::BARNES | | Thu May 16 1991 15:16 | 5 |
| damn, I wuz gonna send all dem tapes I owe everybuddy by IOM too!!!
note---> %^) %^) %^)
rfb
|
92.80 | | TERAPN::PHYLLIS | Wake, now discover.. | Thu May 16 1991 15:25 | 9 |
|
Oh, great idea. Let's see.. interoffice mail in NY takes about a month
or so now.. once they start opening it...
Anyone planning on im'ing my xmas gift should do so now. ;-)
|
92.81 | | BOSOX::HENDERSON | Seems a common way to go | Thu May 16 1991 15:28 | 19 |
| RE: <<< Note 92.80 by TERAPN::PHYLLIS "Wake, now discover.." >>>
> Anyone planning on im'ing my xmas gift should do so now. ;-)
Hey, JC...did you send those sprouts to Phyllis yet? :^)
Won't those inspectors have fun with that?
Jim
|
92.82 | | DEDSHO::CLARK | peace and love live there still | Thu May 16 1991 15:35 | 2 |
| Sheesh, I bet you can get fired for sending brussel sprouts by IOM. Maybe
even jailed, for murdering mail room employees.
|
92.83 | Do you smell 'em yet Phyllis? | BIODTL::FERGUSON | the rainbow has a beard | Thu May 16 1991 17:00 | 4 |
| 'Sprouts are on their way!!
They must be pretty damn ripe right about now in the hot, humid,
80-90 degree sun!!
|
92.84 | | TERAPN::PHYLLIS | Wake, now discover.. | Thu May 16 1991 17:11 | 3 |
|
Anyone know where you pick up one of those return to sender stamps?
|
92.85 | ;^) | DASXPS::HENDERSON | Seems a common way to go | Thu May 16 1991 17:29 | 11 |
|
I think he put a "if not deliverable allow to sit in hot, humid mailroom for
minimum 3 weeks before mailing to Phyllis' home" stamps.
Jim
|
92.86 | looking for info | BRAT::DUBOIS | | Thu May 23 1991 17:50 | 10 |
|
Any one know anything about more "layoffs" (or whatever
they co. is calling this these days) in June. I'm in a
possible position to have the layoff come my way and almost
died at lunch when some one said they read something about
more layoffs.
Nicole
|
92.87 | this is still a "rumor", but ... | BOOKS::BAILEYB | Let my inspiration flow ... | Thu May 23 1991 18:09 | 6 |
| I think they're done for this fiscal year. But I've heard from several
management types that another round is planned for FY92 ... about 7,000
more jobs to be eliminated.
... Bob
|
92.88 | | AD::VAUK | love will see you through | Thu May 23 1991 18:19 | 6 |
|
I heard (I hate spreading these types of rumors) that there are going
to be more layoffs. Specifically the sales force to be cut by 10%.
Believe it if you need it...
-Jerry
|
92.89 | More to come, says the Globe | BIODTL::FERGUSON | the rainbow has a beard | Thu May 23 1991 18:53 | 3 |
| Today, the Boston Globe had a brief article that basically said
sales are off and more layoffs are coming down the pike. The article claimed
that DEC has already "let go" 8,000 people.
|
92.90 | WHY I ALWAYS ASK MYSELF | EBBV03::SMITH | | Fri May 24 1991 11:04 | 6 |
| Yeah so more manufacturing can be moved overseas!!
\ /
@ @
!
-----
|
92.91 | yep... | ROULET::DWEST | Dont Overlook Something Extraordinary | Fri May 24 1991 12:56 | 4 |
| the article about more layoffs was in VNS today... sorry... didn't
save it...
da ve
|
92.92 | Here it is... | AD::VAUK | love will see you through | Fri May 24 1991 13:14 | 36 |
| Digital - Paints bleak picture: sales off, more layoffs possible
{The Boston Globe, 23-May-91, p. 59}
[This is the entire article - TT]
The chances of more layoffs at Digital Equipment Corp. increased
yesterday after the Maynard computer maker said sales have not picked
up in the current quarter, making further cost cutting necessary.
Digital vice president Bruce Ryan told securities analysts gathered
in Cleveland that the company had not seen any improvement in business in
the United States or Europe. According to Dow Jones News Service, Ryan
said that a large portion of the company's orders come in the final weeks
of each quarter, making forecasting difficult. But so far there is no
indication of an upturn for the fiscal fourth quarter which ends June 30,
he said.
Ryan said the company plans further reductions in employment, office
space and employee travel, and more plant consolidations. He did not mention
forced layoffs specifically, but Digital executives have said previously
that they cannot rule out such dismissals if sales remained weak.
No one from Digital's investor relations office was available for
comment late yesterday.
Digital has used combination of voluntary severance plans and
layoffs to cut its work force by about 8,000, excluding jobs added
through acquisitions.
Wall Street analysts were not surprised by Ryan's bleak assessment.
"I think that's consistent with what they've been saying," said
George Elling, an analyst at Merrill Lynch & Co. in New York. Elling
recently reduced his estimate for Digital's fourth-quarter earnings to
$1.35 to $1.40 a share from $1.75. That would bring net to $3.40 to $3.50
a share for the full fiscal year.
In last year's fourth quarter, Digital lost $256.7 million, or $2.11
a share, after $400 million restructuring charge. Digital earned $2.06 a
share in the nine months ended March 30, down from $2.65 a share a year
earlier. Ryan said Digital had been missing its revenue projections for
several years and must bring employment and expense levels down to correspond
with actual sales. He said the company is budgeting "very conservatively" for
fiscal year 1992.
|
92.94 | | SPICE::PECKAR | Clean Phil Wanted | Wed May 29 1991 19:08 | 5 |
|
Finally, Some good news about DEC....
DEC 67 3/8, change +2 3/4; DJIA 2961.31, change +2.45 at 15:05
|
92.95 | | CLOSUS::BARNES | | Wed May 29 1991 19:41 | 3 |
| re :stock
I just sold mine!!!
rfb
|
92.96 | Market is on an up-turn right now. | BIODTL::FERGUSON | the rainbow has a beard | Thu May 30 1991 16:15 | 12 |
| The +3 that DEC went up yesturday is due to the market in general. Lots of
speculation that the economy is going to turn around soon; so, old stand-by
stocks are being bought up now. Here in MA, the economy is going no where
but down; we will be the caboose of the recession, no doubt.
I sold my last purchase of DEC stock right around its most recent high of
81 and change. We're right about at book value right now.
Looks like we'll be buying (those in the employee stock purchase plan) DEC
stock at the same price as last time. What was it, $43.25 or so?
JC
|
92.97 | easy come, easy go | SSGV01::STROBEL | | Thu May 30 1991 19:52 | 3 |
| looks like we'll be giving back 7/8 of yesterday's 3 point gain. The market is
just about 3000 again, so maybe we'll latch onto an upswing tomorow? I believe
the purchase date is Monday, at $43.25/share.
|
92.98 | ... | STAR::SALKEWICZ | It missed... therefore, I am | Fri May 31 1991 17:38 | 14 |
| re the economy in general
JC,, housing sales are up0 nationwide about 1.2% last month,..
but the major reason is that they were up over 47% in the Northeast
(thats us),
While I agree that we here in NE definitely have sunk lower
than everyone else,... I don't think it necessarily follows that
we will be the last to see the recovery. IN fact, I think we'll be
the first to see signs of it,... but since we sunk so low,..
it will be a while before the tree bears fruit
/
|
92.99 | | TERAPN::PHYLLIS | Wake, now discover.. | Fri May 31 1991 19:20 | 4 |
|
DEC stock's at 70! :-)
|
92.101 | Having done all this once, I can explain ... | GOOROO::CLARK | a high, lonesome sound | Mon Jun 03 1991 16:11 | 22 |
| re .-1
I don't know about impractical, but it might make it very hard to
get a home equity loan. Most banks will give you equity based on a
formula like
(80% of assessed value) - mortgage balance
so, if your house is assessed at $150,000 and your mortgage balance
is $90,000, you could get an equity loan for
(80%*150,000) - 90000 = $30,000
Now, say you bought your house for $150,000 2 years ago and have a
mortgage balance of $130,000. If your house is currently assessed at
$150,000 and the banks expect a 12% drop in housing values this year,
then they expect your house to be assessed at $150,000*88%=
$132000 at the end of the year. Since $132000 only slightly greater
than $130000, it doesn't make sense to take out a home equity
loan for only $2000.
- dave
|
92.102 | your equity is negative at the moment... | STAR::SALKEWICZ | It missed... therefore, I am | Mon Jun 03 1991 17:14 | 6 |
| New Englander: Hi I'd liek to take out a home equity loan.
Banker: OK,.. that'll be $10,000 and we'll be even
:-/
|
92.103 | wow. | SCAM::GRADY | tim grady | Mon Jun 03 1991 17:41 | 15 |
| They expect N.E. homes to drop 12% THIS YEAR?? Holy sh*t! That's a
terrible forecast. I know that the market peaked in N.E. around 1986/87
or so, and has been dropping for the past (maybe) two years. If an
additional 12% falls off by New Years, what's the net drop since the
peak? Or, maybe a better question, are there any houses in the Central
Mass area that are under $100K and still a decent size (like a 3/2)?
Housing costs have been inflated in N.E. since the mid-eighties, so I'm
interested to see how far they'll moderate - no offense to those of you
suffering by this decline. My house here in Tampa, which I'm about to
put on the market, will probably sell for about 3% more than I paid for
it at the end of 1985. But that's Florida.
tim
|
92.104 | | SPICE::PECKAR | Clean Phil Wanted | Mon Jun 03 1991 19:59 | 9 |
|
Banks are typically pessimistic, rather than optimistic, when it comes to
predicting market values: they have to be, especially given the number of
S&L's going belly-up for being too optimistic about the markets in recent
years...
Fog_who_just_bought_a_house_for_ten_percent_of_what_the_seller_paid_for_it_
in_1987_which_the_seller_had_invested_around_10K_in_updates_on_top_of_that_
and_who_made_many_pleas_to_his_diety_of_choice_that_this_slide_has_petered.
|
92.105 | wow! | STAR::SALKEWICZ | It missed... therefore, I am | Mon Jun 03 1991 20:13 | 12 |
| Fog
You bought it for 10% of what the seller paid in 1987?
You haggler! Youw! I can't even claim to be *that* good a haggler.
Or did you mean 10% more,.. or 10% less than what the seller paid
in '87?
Haggling minds need to know
|
92.106 | we have a while yet to go before we're healthy again | BIODTL::FERGUSON | the rainbow has a beard | Tue Jun 04 1991 16:18 | 27 |
| RE <<< Note 92.98 by STAR::SALKEWICZ "It missed... therefore, I am " >>>
-< ... >-
> JC,, housing sales are up0 nationwide about 1.2% last month,..
> but the major reason is that they were up over 47% in the Northeast
> (thats us),
That is the spring buying fever that caused that. Check those figures against
last years' figures (or the year before) for the same month and I think
you'll find that they are lower ... i get the impression that the media is
trying to paint a nice picture of the economy while trying to use the wrong
paint brush. this is my opinion --- take it for what it is worth ---
I find it hard to believe that housing is going to recover in this state (or
the northeast in general) anytime soon (within, say, 18 months). As long
as DEC & other companies are downsizing or just scraping by, the realestate
is going to remain flat (people out of work = people with no money = people
not buying houses, new cars, etc).
NE needs to really align itself to the rest of the country. But, that won't
happen. I remember the boom days ... one house on our street in Harvard sold
for $350,000 in a few HOURS!! (3 years before, the 1 acre lot sold for $105k).
there was a time when you could ask $50 - 75k MORE than your house was worth
and you could get it within days!! Some people really made a killing; others
are looking at a loss today... that is the breaks for high-risk investments.
JC
|
92.107 | ... | STAR::SALKEWICZ | It missed... therefore, I am | Tue Jun 04 1991 16:59 | 8 |
| supposedly thaqwt number is in comparison to a year ago...
But why would it mattter? a 47 % increase ovber last years numbers,
or over last weeks numbers is a big increase no matter how you
look at it.
/
|
92.108 | previous month perhaps? | BIODTL::FERGUSON | the rainbow has a beard | Wed Jun 05 1991 00:41 | 15 |
| > supposedly thaqwt number is in comparison to a year ago...
not sure I believe that. i'd believe the 47% comes from a comparision
of the previous month.
> But why would it mattter? a 47 % increase ovber last years numbers,
> or over last weeks numbers is a big increase no matter how you
> look at it.
yes it is, but compartively speaking to the 'average', we're still behind.
it is good news ... thought i don't expect the trend to continue. we
shall see..
JC
|
92.109 | | SPICE::PECKAR | Clean Phil Wanted | Wed Jun 05 1991 15:36 | 9 |
|
Whoops. That was supposed to be 10% less than what the seller paid...
I think house sales are up because interest rates _and_ housing prices are
down, and that don't happen too often. This is not neckasa-rilly a good
economic sign; its just a sign that folks like me can now afford their first
home.
Fog
|
92.111 | Chief Gatherer | SPOCK::IRONS | Might as well | Thu Jun 06 1991 19:24 | 14 |
| I agree. The "bad" economy and real estate market proved to be quite
good for my wife and I. We also bought our first home in March. It's
a first time buyers market right now. Most of the non-first-time
buyers are looking at losses right now.
It would be nice to know that we bought at close to rock-bottom prices.
That may mean profit for us, say in 5 years when we plan on moving
on/up. We were also fortunate that we paid extremely cheap rent before
we bought a house: $410.00 for rent including heat and electricity is
damn cheap!
"One man gathers what another man spills"
dave
|
92.112 | More Dead related nodenames on line... | GR8FUL::WHITE | Without love in a dream... | Tue Jun 11 1991 16:25 | 6 |
|
In addition to nodes GR8FUL and SHKDWN, now on the LESPE LAVC
are nodes: JERRYG, MICKYH, and BRENTM.
We also have but have not set up nodename BOBBYW...
|
92.114 | | DECXPS::HENDERSON | Got some things to talk about | Mon Jun 17 1991 17:26 | 9 |
| Yeah, I woke up Saturday morning, turned on the radio and that's the first
thing I heard :^/ Grate way to start the weekend...
Jim
|
92.115 | sad, but reality | BIODTL::FERGUSON | the rainbow does not have a beard | Wed Jun 19 1991 01:13 | 19 |
| I tell ya folks, DEC and Massachusetts is in BAD BAD BAD shape. 8k people
is a lot, and by some people's estimates, this might not be enough.
The bottom line, in whatever job you have, is:
---->>> R E V E N U E in FY '92 <<<----
If we don't cut it in FY '92, more heads are going to roll. The name of
the game for the company is to MAKE money, not lose it. I'm surprised that
we still appear to be making money with the slowness and competition of
the economy. Those accounting folks must really have to play some serious
juggling games...
So, if you can think of ways to PRODUCE REVENUE, let it be known!!
Good luck to all. Nobody is safe except the Big Man (KO).
JC
|
92.116 | Corporate raffles | AIMHI::KELLER | Elephant: A mouse built to govt specs | Wed Jun 19 1991 11:44 | 12 |
|
---->>> R E V E N U E in FY '92 <<<----
I think we should have a corporate wide raffle. We could raffle off MicroVAX
System in the first one and then maybe a LN03R in the second and so on and so
forth. Charge $20 per ticket.
I think alot of people would be interested.
Keep the revenue in the company:-)
Geoff
|
92.117 | | DEDSHO::CLARK | shake that bag o' bones | Wed Jun 19 1991 13:35 | 215 |
92.118 | ombudsman ?? | CIVIC::ROBERTS | Imagine... | Mon Jul 01 1991 11:49 | 9 |
|
Has anyone heard of an ombudsman-like person in Digital who would
assist someone who left the company under the 6/90 buyout? The kind
of assistance and direction needed is around benefits. Phone calls to
what would seem to be the appropriate people (insurance office, etc)have
not been satisfactory. Frequently the person answering the phone
doesn't totally understand the nature of the question because they are
new to the department.
Carol
|
92.119 | News from the layoff | SCAM::GRADY | tim grady | Mon Jul 08 1991 14:31 | 18 |
| Can't decide if this should be here or in the bummer note.
My secretary was let go today. Layed off sounds funny. She did a
grate job, and I'm surprised and disappointed at this. Two sales execs
and a sales support consultant got hit too, so far. Most of those guys
expected it and were prepared, but Gracie was a surprise.
In the mean time, another rep was promoted, in spite of missing budget
four years in a row, and having the only deal of the fiscal year cancel
at the last minute. That might be acceptable, were it not for the fact
that it's happened two or three times before with this rep and other
accounts. So, the company has a new sales exec (which, incidentally,
is 5 or ten times more expensive than a good secretary).
Don't let anyone tell you this isn't a political action.
tim
|
92.120 | 10% | SCAM::GRADY | tim grady | Mon Jul 08 1991 17:45 | 14 |
| A little more details from our de-briefing:
Roughly 10% of the U.S. field is being let go this week. Nine out of
about 100 in sales/sales support for Florida. 156 out of about 1530
in the South. No managers in Florida, but don't know about the Region.
Southern States Region was #1 of the five (?) regions, and only showed
a 0.4% growth in fiscal certs. I got the impression everyone else
showed 'negative growth' for the year.
10% is a big chunk. There's another round coming up in a couple
months.
|
92.121 | Swell :^( | DASXPS::HENDERSON | Thinking a lot about less & less | Mon Jul 08 1991 18:37 | 1 |
|
|
92.122 | Red, red, ink... | BIODTL::FERGUSON | the rainbow does not have a beard | Mon Jul 08 1991 19:21 | 7 |
|
We'll probably be seeing a bit of RED INK for this past quarter.
I don't understand why the stock is up 3.675 right now!
|
92.123 | let's buy a business...any business | WFOV11::BUTZE | Quick beat of an icy heart... | Tue Jul 09 1991 12:29 | 6 |
| stock is up cause some broket says we're a good buy......
1000 people from the field by the end of the week is the local rumor
rich
|
92.124 | | TERAPN::PHYLLIS | Wake, now discover.. | Tue Jul 09 1991 13:31 | 9 |
|
NYC was hit yesterday too.
I don't know the percentages, but it's a lot of people, at every level,
secretaries, reps, execs, managers, vps.
I believe we'll all get hit again at the end of Q1.
|
92.126 | I beg to differ | DIGGIE::RILEY | | Tue Jul 09 1991 16:26 | 37 |
|
I think you got it a bit wrong on this one Marv...
I don't think that Digital has changed it's face the way you suggest
(if I understand you correctly that is), rather, the market changed
it's face three or so years ago, and Digital didn't plan or react the
right way, therefore management was forced into a position it had never
been in before.
You would have seen lay-offs in the 70's if the market warranted it
(far from the truth), and the same for any time-frame in DEC's history.
The fact is that the market supported our growth, and lay-offs weren't
needed, so they didn't happen. Yes, Digital capitalized on this by
saying "We've never had a lay-off in our history", but at the same
time, it was never corporate policy.
The real reason why I object to your note there is that you said (and
it sounded to me)... Digital has changed it's face forever (like we've
turned into a GM indiscriminantly laying off and hiring more human
resources when the instantaneous demand warrants it. Or like we as a
company no longer agonize over the fact that employees are people, and
we should do EVERYTHING we can in order to avoid a layoff.) And by
saying that I interpreted that your opinion is that DEC won't ever be
safe place to work again w/ regard to job security. I disagree.
On the contrary, in our history, job security here was incredibly
higher than most/any other high tech firm (possible exception IBM), and
as an employee & stockholder, I find that to be a negative aspect of
the company. Please understand that I also value Digital culture, but
I don't think the culture is being compromised if employees rationally
look at the alternatives to layoffs and understand that for our long
term survival in the industry, these steps are necessary. Don't you
agree?
I've only been here for 2 years, but that's my cut at it...
Treemon
|
92.127 | A response | GR8FUL::WHITE | Without love in a dream... | Tue Jul 09 1991 16:51 | 34 |
|
Re: the last two...
I tend to agree with Marv on this one. Not that I've been with
Digital a long time, only eleven years, but there have been many
changes in the past decade.
I think Marv's right on the point when he says the basic worker
is paying for upper management screwups. Yep, the market changed
many years - in fact it constantly changes - and Digital has
failed to evolve its culture to stay in step. The more or less
constant growth (anyone remember the recession of '84?) has
allowed us to indulge in a corporate infrastructure that was, and
is, overly cumbersome.
And now, like a junkie going into detox, the company is taking it
on the chin. At least the average workers are. Those folks that
got shown the door are suffering for the bad decisions of the
officers and senior management - decisions that have been made
since the dawn of the PC age.
From my perspective here in the trenches, Digital's main problem
is management and leadership.
In terms of management, we have lots and lots. Damn little of
which seems to be effective - much of which seems to be counter-
productive.
In terms of leadership, this seems to be quite rare here at DEC,
and from my perspective, it seems that leadership is missing
all the way to the top...
Bob_letting_off_steam
|
92.128 | | CLOSUS::BARNES | | Tue Jul 09 1991 17:04 | 8 |
| I agree with Marv....this is after 15 years with the company, most of
them make me proud...I find the fact (and IT IS FACT) that some people are
being layed off (or whatever) at 3:30pm as they are working on the tube
with NO prior knowledge, by a Security Gaurd or Personel person with
not even a thankyou from the manager, down right disgusting.
Or worse, the manager goes on vacation and delegates the dirty work to
an "acting" manager. Slime
rfb
|
92.129 | | DIGGIE::RILEY | | Tue Jul 09 1991 17:15 | 15 |
|
Bob,
I agree with what you've said about management mistakes in evolving
with the market, but I'd like to think that once we get out of the
current mode of hard times (laying off) that things will return to the
way they were...
Indeed, the people who get effected (hurt) are us workers at the
expense of mgmt... After all, have you ever seen a statesperson
volunteer to resign to help balance the budget?
I guess I was just reacting to the way Marv phrased it.
Treemon
|
92.131 | Digital, a great country club of the past | STAR::SALKEWICZ | It missed... therefore, I am | Tue Jul 09 1991 18:09 | 40 |
|
I took thye job here three years ago for two reasons. One, technical
leadership,. two job security.
There may be a lack of leadership within the ranks of Digital,..but
I'm a "network guru",.. and in the area of networking, Digital is
a leader, not a follower. I was working for a follower,.. and decided
to join ranks with the leader. That doesn;t say squat about the
ability of the comapny's management to lead the corporation, which
I am not so sure that we have a lack of. I believe that in many areas
we have effective leadership, and what I think is the problem is that
in many many more areas we have an overabundance of ineffective
leadership. Too many chiefs and not enough Indians.
About job security. Back in 87 I started looking for a new job because
I saw the recession coming and I wasn't sure that my fledgling startup
"folllower" comapny would make it through. When the offer came through
from Digital, I grabbed at it. I knew (but couldn't believe) that they
had never had a layoff. I thought to myself that they would have to
have one in this kind of serious economic condition. I actually didn't
even think the economy would get this bad. Anyway, I was not surprised
to hear that Digital has had to resort to layoffs. You can't wait for
people to leave when nobody else is hiring or are themselves laying
off.
The long and short of it for me, from my perspective, Digital is a
"fat" company. Fat meaning that there are a lot more people than are
needed to carry on the business at hand. There are too many people who
have not done a blessed thing for years who are riding out the years
now just waiting for their pention. Even employess with much less
time have adopted the countrty club philosophy,... and it really
makes me wonder what they are thinking. Whether the right people
are taking the fall or not I can't say. I know its not good to lose
good workers,.. and if that is happening, thats not going to be good
for Digital. But there is no doubt that we could lose 25% of the people
around this country club, and still not lose 1% of our gross.
/not_a_country_club_member
|
92.132 | was that me ? Naaaa | MSHRMS::FIELDS | nice day for a walk, popcorn anyone | Tue Jul 09 1991 18:40 | 24 |
| back in 1981 when I joined this Country Club type of place, I had
never work for a big company. I was fresh outta school, I still had
no idea what a layoff would feel like. now with my 10th year just
about to start I still don't know how I feel, it hasn't really hit
home. Yeah the buy-out came through but we where asked if we would like
to grab it, so I can't rilly say I made it through a layoff. I was
hired during a freeze went thu a few wage freezes , up managers playing
puppeteer with people and someother stupid bullsh*t. But through it all
I've made something of myself, more then I thought I was able to do.
In about 5 years from now this might all be gone or we who aren't
the boss will take over and put some of our ideas to work. This company
is not the only thing changing around us, the country has changed , we
were/are still in a war, laws are being force out or down our throats.
We spend more money in other countries then we do in this country.
So this is just the begining of the end or the start of something new,
crying or worrying about change will not stop it. Get out there kick
some butt do your job like you've never done it before (put the clubs
away so to speak), vote the jerks out of office or rally for what you
believe in.
JUST DO IT
Chris
|
92.133 | Liked the way you put it 2nd time around | DIGGIE::RILEY | | Tue Jul 09 1991 18:47 | 26 |
|
Maybe it was the overall tone Marv,
Upon your second note, I realized that there was nothing there I
disagreed with at all... In fact, I actually agreed!
It seemed to me that your first note had a flavor of "the sky is
falling, the sky is falling!" But maybe then again, being relatively
new to the company perhaps I don't know what I'm missing... Perhaps it
really IS as bad as your note reflected...
All I was trying to convey in my disagreement (if it even was that:^)
is that a little positive mental attitude goes a long way, and by the
way, is a much healthier emotion to harbor than dejection and
frustration. I'm not saying that we should all turn the other way and
ignore what's going on around us, rather we should recognize what's
going on, why it's happening, and use our ENTHUSIASM to get ourselves
TOGETHER out of this mess...
That's all...
Those who think they can do something are right.
Those who think they can't do something are also right.
:^)
|
92.134 | And then there were none | HEYNOW::COCHRAN | | Tue Jul 09 1991 19:07 | 35 |
| Well we had our share of layoffs here yesterday too, and it was sad.
I've read a number of these notes and must say that it is my opinion
that we have entirely too much management protecting other managers.
After all, it's far more prestigious to have manager's reporting to
you than contributors. Also, a year after I started, in 1987, the
"Affordability" task force was started to explore alternatives to
return Digital to profitibilitity. In that year alone, we hired
10,000 people! And, we've continued to hire more each year. Digital
has the lowest revenue per person in the computer industry - we need
to take measures to help become more profitible, unfortunately it
seems the messages which are often pretty right on at the top get
incredibily bastardized by the time they make it down to my level.
And, I think it would be much better if they could just take the
necessary action in a timely fashion instead of holding everything
up while they decide what to do, only to find the problem has gotten
worse. Moral suffers pretty much too with all of the "waiting".
This year, they wanted to change the management in the field to
an account focus. In this process, at least in my area, the only
change is managers have different titles! That's not a change at
all, at least not as far as I'm concerned. I'm tired of people
protecting their empires instead of doing the right thing for the
company. Also, I do agree with you that people need to work
hard and do whatever it takes to get the job done, none of this
"not in my job description" bullshit. We really are not in good
shape. And, I wish they would get rid of the dead wood too.
I know the layoffs aren't over, I just hope we don't start hiring
people again in the interim - that's what really makes me mad -
skill set issues aside.
I know I'm rambling - but it is upsetting and frustrating.
Annie
|
92.135 | MANAGEMENT! | BIODTL::FERGUSON | the rainbow does not have a beard | Wed Jul 10 1991 02:23 | 64 |
| Well, I see it like the rich man in his summer home. While the rich man is
enjoying the ocean washing up the beach, james taking him around town,
the maids cleaning up, the butler making dinner, etc. he does not think
about what happens if the cup comes up empty. Then, all of a sudden, the
rich man loses his shirt. The hired help goes first. Then the antique
car collection, then the apartment building in manhatten. ANd, if he's lucky,
he'll be left with the ocean-front house...
For a long time, DEC enjoyed TREMENDOUS (like, 10 TIMES) profit margins on
the "bread and butter" -- the VAX. Sales people did not sell, they just
filled out orders. Demand was killer... lodas of cash flowing in the
company. Like the rich man, DEC got comfortable, hired more helping hands
as a luxury, not necessarily out of necessity.
Fierce competition has driven those big profit margins way down. The
well is drying up, time to let some of the help go... so, the first to
go is the guy at the bottom of the totem pole; that is the way is always
works...
****
Time for me to bash. I used to work for an organization called D.I.S. Now
it is called I.M. & T. These people work to supprt DEC's business. I'm
not sure how large this group is, but I'll take a stab at 5,000. 5k people
decide how we're going to do business internally... having been there,
i can say all i saw was tons, and tons, and tons, and tons, and tons, and
tons, and tons, and tons, adn tons of ***OVERHEAD***. There was a meeeting
for every little item with lots of people to give there "technical"
opinion. After 5 hours of meetings, finally, something was actually done.
Nobody had the guts to say, "screw it, I'm doing it w/o going through the
bureaucratic BS." I actually did this, and just said I'll take the heat.
I did take the heat, and on my review, I was listed as having a weakness
dealing with "corporate mandates and politics." I left the organization
because i was not begin productive at all... my contribution was buried
under 10,000,000 pounds of bureaucratic bs.
When my new engineering "boss" read my review, he really cracked up over
the weakness.. i told him stories and he would just laugh.
Right now, being project leader of the #1 most DISLIKED product in the
company (you can guess it), I once again have the pleasure of working
with IM&T. So far, all they have caused me is a BIG headache. It takes
them forever to do things that it takes me 15 minutes to do... now, as
and engineer who is constantly on the move, this is a REAL problem.
THese guys have to vote on this, vote on that, and vote vote vote to
get the small things done. Now, when you're talking 10 people at thje
standard rate of $100k per person, that is 1,000,000 ! ... 1 million
dollars that could be put into PRODUCTs to bring us REVENUE.....
bacjk when we had the bucks, this group multiplied like a virus... there
is so much bureacracy that people like myself have to go through to get
something done that is costs DEC TONS OF CASH.... there are companines
cranking out software in less than 1 year. Can DEC do this? NO WAY.
Major things have to change before this happens... DEC will SINK if
it doesn't change FAST...
for the record, the project i am working on is generating revenue already.
i feel good about this. now, if can just remove the ()^$*%*(&#%@ procedures,
i could crank out the next version in 9 months...
.... sorry for the long wind.... but OVER MANAGEMENT is the problem in
this company...
JC, 4 years and counting...
|
92.136 | Games people play | WFOV11::BUTZE | Quick beat of an icy heart... | Wed Jul 10 1991 11:50 | 32 |
| This is a tough arena to make comment because one side of me has to
wear the management hat (since I have been a business manager for
most of my four years here) but the other side of me puts on the
reality/perception hat that gets me in to trouble in those oh so
wondrful "political arenas" that you must play when you get higher
into the management ranks (guess why I decided to do project mgmt)..
Having only been with DEC for four years you constantly hear about
"how DEC used to be"...quite frankly I get fed up with the statement
because ( and probably too simplistic but close to the point) that
is part of the reason why we are in the mess we are in because of
peoples hesitantcy for change (pardon the spelling errors i'm on my
way to a 9am meeting). This is at all levels...ESPECIALLY IN TOP
MANAGEMENT...empires are built, no-one wants to break down walls,
admit that THEY overstaffed, and then play the "GOOD OLE BOY GAME"
and all the crap that goes along with it...thus we have 300000 vice
president types and tremendous redundant efforts. SOOOOO when it
comes time to make cuts guess who pays. If people were realistic when
the company was growing and managed it more reasonably when the
opportunity was there we would not be in this mess...instead people
got gready with power and we do pay the price. When you come into
this enviroment, as I did, and try to point out (and I do feel that
I do have a strong business background no brag just fact) these
perceptions/and facts...people who have fallen into those "empire"
categories, will make life very tough for you, instead of being honest
with themselves...you become the scapegoat. I have always taken the
position that if my job can be eliminated because things become more
efficient than I have done my job. WE DO NEED TO CHANGE but I'm
affraid that some of the wrong people will be effected. I probably
have made no sense this early in the morning and I could go on for
quite a bit longer but I hope some has made sense.
rich
|
92.137 | More... | BIODTL::FERGUSON | the rainbow does not have a beard | Wed Jul 10 1991 15:32 | 12 |
| re: games people play.
I've also seen this in my old job with IM&T. THe more managers you have
reporting to you, the bigger head one got. The more folks you have, the
better. And, the POWER STRUGGLE almost made me puke!!! When head honcho
so-and-so walked by, take a step back pick up the trash he drops!!! People
got sooooo scared of the manager "above" ... really struck me as a lame
work environment. Right now, i know i can feel free to ask my mgrs' manager,
who reports to a vp [stone] (this comment is to illustrate that our
organization is somewhat lean compared to others), for some time to talk and
i'll get it....... definitely a power struggle and the good old "old boy"
network doing its dirty deed.
|
92.139 | Here's what it looks like in the news | SPOCK::IRONS | Might as well | Thu Jul 11 1991 14:38 | 54 |
| Digital - Trims US Sales Force by about 1,000
{The Boston Globe, 10-Jul-91, p. 59}
[This is the entire article - TT]
Digital Equipment Corp. yesterday said it delivered layoff notices to as
many as 1,000 employees in its US sales force, beginning a fresh round of
dismissals, announced in June, that could slash its payroll by 7,000 to 10,000
over the next 12 months.
The Maynard computer company has been cutting its work force for two years,
but its sales force had so far been left untouched. In fact, Digital
transferred about 2,500 workers into the sales group over the past 18 months
from other jobs that were no longer needed.
"We over-invested [in the sales force] relative to market opportunities,"
Nikki Richardson, a Digital spokeswoman, said in explaining that some of those
2,500 workers would now lose their jobs. She said the cuts would not affect
Digital's ability to serve customers or bring in new business.
Wall Street analysts agreed, saying there was plenty of room for reductions
in the sales group.
"DEC's sales force hasn't historically been thought of as aggressive
go-getters," said David Wu of S.G. Warburg & Co. "The company probably allowed
some to linger on longer than it should have."
The cutbacks come as some analysts are expecting that Digital's fiscal
fourth-quarter financial results, due out later this month, will be somewhat
stronger than they previously anticipated. Such expectations have helped boost
the company's stock, which yesterday gained 1 1/2 to 64 3/4 on the New York
Stock Exchange. On Monday, the shares rose 3 5/8.
" The sense is that it was not an awful quarter, all things considered,"
said Prudential Securities analyst Laura Conigliaro.
For the fourth quarter, which ended June 29, analysts forecast a profit of
about $1 to $1.25 a share. But they also expect Digital to record a charge
ranging from $400 million to $700 million to cover the costs of layoffs and
other restructuring steps taken during the fiscal year. In last year's fourth
quarter, Digital lost $256.7 million, or $2.11 a share. The loss, its first
ever, included a restructuring charge of $400 million.
Digital said pink slips were sent Monday to between 800 and 1,000 sales
people and their support staff. It would not disclose the number of
Massachusetts workers included in that number or the size of its work force
overall.
Digital has been forced to rein in spending to offset a slowdown in sales
caused by the recession and a shift by users away form centralized
minicomputers to desktop personal computers and workstations. In the fiscal
year that ended last month, it cut its payroll by about 7,200 through
voluntary severance programs and the first layoffs in its 34-year history.
In the prior year, about 1,800 workers accepted voluntary severance packages.
In June, Digital said additional layoffs could remove another 7,000 to
10,000 workers in the current fiscal year. Rumors have circulated that a
wholesale layoff of that size was imminent.
But Digital officials yesterday said it was unlikely that the pending cuts
would be made all at once. Instead, they said the company will likely keep
with past practice, in which a goal for reducing payroll was announced and
then actual dismissals followed periodically.
Though analysts say it is crucial for Digital to slash costs, some worry
that the piecemeal fashion of the layoffs could disrupt the company's
operations.
|
92.140 | Too negative! | SPOCK::IRONS | Might as well | Thu Jul 11 1991 14:44 | 16 |
| It's strange about the big ramp up of sales people that happened a
couple of years ago. They made this big push for people, now those
people are getting layed off. Didn't I here that company layoffs were
realized a couple of years ago?
A couple years ago: Let's get all the jobless and disgruntled within
their current position DEC people, hire them into sales and have them
all ready for the future layoffs.
Real negative insight from a 7 1/2 year employee.
I agree with most: the company will never be the same again. If you
don't learn from your mistakes, then... I also agree the company has
been fat for too long.
dave
|
92.141 | COD's were DOA? | SCAM::GRADY | tim grady | Thu Jul 11 1991 16:05 | 16 |
| Yea, I've been hearing a lot about COD people getting hit hard in the
layoff. The article says there were about 2,500 of them, and about
1000 employees layed off. I wonder what portion of the 1,000 were
COD. Supposedly the corporate party line was that COD people were hit
proportionally, and the field sales organization was cut by 10% (which
is a hefty chunk, if you ask me). I wonder if only 250 COD people were
cut, or if it's closer to 1000, as I tend to suspect...
Any ideas?
Either way, I think it's a f*cking shame (sounds like a familiar
line...must be listening to Weir lately :-). They should have either
been exempt from the cuts, or offered a package to move them back home!
tim
|
92.142 | | DASXPS::HENDERSON | Thinking a lot about less & less | Fri Jul 12 1991 11:01 | 16 |
|
I'm real concerned about a lot of this myself. I don't like the way its being
handled, but rather than go into that, one of the things I'm worried about
is how our customers (remember them?) are being affected. In my job, my group
is dependant on support from manufacturing, and to a certain extent other
field groups, to perform our responsibilities. People are leaving jobs that
directly affect my groups, whose responsibility it is to get material to fix
customer's equipment in the field. We are encountering delays, confusion
ignorance and I don'tgiveashititis that is, IMO, going to have a serious impact
on customer satisfaction, and I'm quite worried about that.
Jim
|
92.143 | DEC and South Africa | VMPIRE::CLARK | the Eddie Haskell decade | Mon Jul 15 1991 14:29 | 38 |
| From: VEGGI::BACHELDER "See the rainbow in every raindrop - djf" 15-JUL-1991 11:05:31.45
From: AWECIM::MCMAHON "Patrick McMahon ~ SHR1-4/D15 ~ 237-2445 15-Jul-1991 1105" 15-JUL-1991 11:03:38.96
From: REFDV1::QUIGLEY "RIS (REFERENCE I.S.) 223-3454 15-Jul-1991 1052" 15-JUL-1991 10:58:25.38
From: BOOKIE::STERLING "Joanne Sterling DTN 381-1387 15-Jul-1991 1031" 15-JUL-1991 10:34:02.06
Subj: FYI - DEC and business in South Africa
From: PROSE::EPPES "Planet foolish this over take will we day one. 15-Jul-1991 1021" 15-JUL-1991 10:29:19.51
From: ASICS::LESLIE "Andy Leslie | RE02 F/C3 | 830 6723 15-Jul-1991 0827"
From: NAME: Alberto FRESCO @GEO
Subject: A: SOUTH AFRICA - POLICY
To : @EUR MGMT TEAM
@EUR CM
All GIA --> Dick Poulsen's office please forward
All USA --> Don Zereski's office please forward
All CORP MGMT --> Jack Smith's office please forward
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
PLEASE ENSURE WIDESPREAD DISTRIBUTION OF THIS MESSAGE
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
For many years, Digital has steadfastly refused to do business in
South Africa. As we have discussed over the past year, a great
deal of change is underway in this country (e.g. the dramatic
reforms leading to the abolition of Apartheid), and it is
important that we monitor these events carefully and be prepared,
should we decide to deal with this market in the future.
Tracking and understanding developments in major markets such as
this is a routine and important part of our management
responsibilities. But the situation remains complex and
unpredictable; and our Corporation has not changed its policy
concerning South Africa. While Corporate and European Management
are studying the South African development very carefully, we
persist in refusing to do any business in South Africa until the
situation in the country will evolve to the level which will lead
us to officially state a change in the current decision. We ask
all the staff of the company to strictly comply with the above.
Alberto Fresco
Country Group V.P.
|
92.144 | Digital creates new award for helping the environment | MR4DEC::WENTZELL | Estamos hermanos y hermanas | Thu Jul 18 1991 12:59 | 40 |
| Digital - New Waste Management Excellence Award Program
{Livewire, Worldwide News, 27-Jun-91}
A Corporate Waste Management Excellence Award Program will be implemented in
July to recognize the outstanding contributions and innovative solutions
achieved by individuals and/or groups toward Digital's waste management
efforts.
The Waste Management Program began in July 1989, when the company recognized
the need to integrate waste management plans and strategies across the
corporation and created the corporate program office, managed by John
Caulfield. Supported by top management, the program is organized and managed
jointly by line operations and staff functions, who are directly responsible
for the outcomes. The organization's projects focus on prevention of waste
problems by creating opportunities for minimizing or eliminating potential
waste early in product development and in manufacturing processes.
Information about the award program and the nomination process may be
obtained from the Corporate Waste Management Program Administrator, Fred
Oldfield, MSO2-1/B11, DTN 223-2632 and/or local area management.
----------------
Beginning in July, Digital will formalize a worldwide Annual Environmental
Excellence Award Program by accepting yearly nominations of plants,
businesses, programs, processes, products or employee initiatives that should
be considered for the award. The company's first Annual Environmental
Excellence Award was presented in 1989 to employees at the Augusta, Me.
facility to recognize the development of the Aqueous Cleaning Process that
eliminates chloroflurocarbon (CFC) use in the cleaning of surface mount
modules.
"As stated in Digital's 'Earth Vision' brochure, the company has a long
tradition of achievement in environmental, health and safety (EH&S)," noted
Chris MCGill, Corporate EH&S manager. "Today, as the world faces growing
environmental problems, we have a unique opportunity to provide strong
leadership in achieving national and world progress in this area. We are
continually working to meet EH&S challenges, not only within Digital, but
also with our customers and the community."
Information regarding the Environmental Excellence Award program's
nomination process may be obtained from the Corporate EH&S organization at DTN
223-8363 and/or your local EH&S area management.
|
92.145 | memo to Ken regarding layoff process | DEDSHO::CLARK | the Eddie Haskell decade | Thu Jul 18 1991 17:36 | 489 |
92.146 | Q4 Results are in -- better than expected | DEDHED::SPINE | Tom Spine | Thu Jul 25 1991 13:15 | 151 |
| The news is out and DEC stock is up -- $71 3/4, up +4 3/4 at 10:05 am today
Worldwide News LIVE WIRE
Digital reports 17 percent revenue growth, improved operating
results and restructuring charge in fourth quarter
Digital today announced earnings for its fourth quarter and full fiscal year
ending June 29, 1991, and for the second consecutive quarter, posted improved
operating results over the comparable periods of a year ago.
Total operating revenues for the quarter were $3,944,859,000 up 17 percent
from the $3,365,275,000 of a year ago. For the full fiscal year, total
operating revenues were $13,911,004,000, up 7 percent from $12,942,523,000
last year.
For the quarter, the company reported earnings per share of $1.10, up 62
percent from a year ago, prior to restructuring charges of $1.1 billion or
$8.18 per share. The periods covered by these charges include the fourth
quarter of fiscal year 1991, and will be initiated throughout the current
fiscal year. The cost savings benefits from these actions will increase
progressively quarter by quarter.
"From the start, we have seen improvements in efficiency grow faster than any
other industry has ever seen, and it has been exciting," noted President
Ken Olsen. "However, for the most recent period of slowdown, the
improvements have accelerated, particularly in the area of semiconductors.
Even though we have had positive revenue growth through this time, it has not
been large enough to absorb the resulting extra people and space. It always
hurts to downsize, but that is the cost of improvement and efficiency from
design to manufacture, to marketing, selling, and servicing.
"We are encouraged by this quarter's operating results. The company
continues to be profitable from current operations and, while pleased with
the progress shown this quarter, we are not satisfied. We remain focused on
our goals of improved profitability and enhanced shareholder value. Our
balance sheet remains strong giving us the strength and flexibility to make
the changes necessary to increase market share and take advantage of any
upturn in worldwide economies that may occur."
FOURTH QUARTER ENDED:
JUNE 29,1991 JUNE 30, 1990
PRODUCT SALES $2,343,195,000 $2,064,687,000
SERVICE & OTHER REVENUES 1,601,664,000 1,300,588,000
TOTAL OPERATING REVENUES 3,944,859,000 3,365,275,000
COST OF PRODUCT SALES 1,113,891,000 1,034,784,000
SERVICE EXPENSE 910,255,000 784,031,000
TOTAL COST OF SALES 2,024,146,000 1,818,815,000
RESEARCH & ENGINEERING 445,572,000 413,356,000
SELLING
GENERAL & ADMINISTRATIVE 1,281,016,000 1,056,700,000
RESTRUCTURING CHARGE 1,100,000,000 400,000,000
NET INTEREST (INCOME)/EXPENSE (16,091,000) (30,106,000)
INCOME BEFORE INCOME TAXES (889,784,000) (293,490,000)
INCOME TAXES (18,466,000) (36,764,000)
NET INCOME (871,318,000) (256,726,000)
AVERAGE NUMBER OF SHARES
OUTSTANDING 122,986,814 121,780,226
NET INCOME PER SHARE $ (7.08) $ (2.11)
NET INCOME PER SHARE BEFORE
RESTRUCTURING $ 1.10 $ .68
OPERATING RESULTS FOR THE TWELVE MONTHS ENDED:
JUNE 29, 1991 JUNE 30, 1990
PRODUCT SALES $8,298,515,000 $8,145,491,000
SERVICE & OTHER REVENUES 5,612,489,000 4,797,032,000
TOTAL OPERATING REVENUES 13,911,004,000 12,942,523,000
COST OF PRODUCT SALES 3,905,355,000 3,825,897,000
SERVICE EXPENSE 3,373,025,000 2,968,529,000
TOTAL COST OF SALES 7,278,380,000 6,794,426,000
RESEARCH & ENGINEERING 1,649,380,000 1,614,423,000
SELLING
GENERAL & ADMINISTRATIVE 4,471,629,000 3,971,059,000
RESTRUCTURING CHARGE 1,100,000,000 550,000,000
NET INTEREST (INCOME)/EXPENSE (68,665,000) (111,374,000)
INCOME BEFORE INCOME TAXES (519,720,000) 123,989,000
INCOME TAXES 97,707,000 49,596,000
NET INCOME (617,427,000) 74,393,000
AVERAGE NUMBER OF SHARES
OUTSTANDING 121,557,705 125,221,526
NET INCOME PER SHARE $ (5.08) $ .59
NET INCOME PER SHARE BEFORE
RESTRUCTURING $ 3.17 $ 4.19
Q4 - FY91
PRODUCT SALES................................... $2,343,195,000
SERVICE AND OTHER REVENUES...................... 1,601,664,000
TOTAL OPERATING REVENUES........................ 3,944,859,000
COST OF PRODUCT SALES........................... 1,113,891,000
SERVICE EXPENSE................................. 910,255,000
TOTAL COST OF SALES............................. 2,024,146,000
GROSS MARGIN.... 48.7%
RESEARCH & ENGINEERING.......................... 445,572,000
SG&A (SELLING, GENERAL & ADMINISTRATIVE)........ 1,281,016,000
RESTRUCTURING CHARGE............................ 1,100,000,000
OPERATING INCOME................................ (905,875,000)
OPERATING MARGIN.... -23%
INTEREST INCOME................................. (26,188,000)
INTEREST EXPENSE................................ 10,097,000
INCOME BEFORE INCOME TAXES...................... (889,784,000)
PRE-TAX MARGIN.. -22.6%
TAXES (TOTAL FEDERAL, STATE & FOREIGN).......... (18,466,000)
EFFECTIVE TAX RATE....... 2.1%
NET INCOME...................................... (871,318,000)
EPS............................................. (7.08)
AVERAGE SHARES OUTSTANDING...................... 122,986,814
BALANCE SHEET/CASH FLOWS - Q4 FY91
CASH & CASH INVESTMENTS......................... $1,924,050,000
ACCOUNTS RECEIVABLE (NET)....................... 3,316,677,000
(RE: A.R. DAYS SALES OUTSTANDING).............. 76 days
INVENTORIES: RAW MATERIALS........ 360,367,000
WORK IN PROCESS...... 501,394,000
FINISHED GOODS....... 733,389,000
TOTAL INVENTORIES $1,595,150,000
PREPAID EXPENSES................................ 395,478,000
DEFERRED INCOME TAX CHARGES, NET................ 576,476,000
TOTAL CURRENT ASSETS............................ 7,807,831,000
NET PROPERTY, PLANT & EQUIPMENT................. 3,777,830,000
TOTAL ASSETS.................................... 12,028,494,000
SHORT TERM DEBT PLUS CURRENT PORTION OF LTD..... 23,344,000
TOTAL CURRENT LIABILITIES....................... 4,209,641,000
DEFERRED TAX CREDITS NET........................ 45,010,000
LONG TERM DEBT.................................. 150,004,000
TOTAL LIABILITIES............................... 4,404,655,000
STOCKHOLDER'S EQUITY............................ 7,623,839,000
BOOK VALUE PER SHARE............................ $ 61.18
CAPITAL SPENDING (ADDITION TO PP&E) - QTR....... 191,590,000
CAPITAL SPENDING (ADDITION TO PP&E) - YEAR...... 737,548,000
DEPRECIATION & AMORTIZATION ....... - QTR....... 226,930,000
DEPRECIATION & AMORTIZATION ....... - YEAR...... 828,560,000
NON U.S. REVENUES ................. - QTR....... 2,494,756,000
or 63%
NON U.S. REVENUES ................. - YEAR...... 8,379,935,000
or 60%
TOTAL EMPLOYEE POPULATION APPROXIMATELY......... 121,000
w/Kienzle
|
92.147 | 10:11 | BIODTL::FERGUSON | the rainbow does not have a beard | Thu Jul 25 1991 13:34 | 1 |
| Up 2 1/2 right now.
|
92.148 | | TERAPN::PHYLLIS | Wake, now discover.. | Thu Jul 25 1991 14:13 | 4 |
|
It is good news. Quarterly profits of 300M after a restructuring charge
of 1.1B is not too shabby.
|
92.149 | Hey DELTA: I'm ready when you are! | SPICE::PECKAR | Clean Phil Wanted | Thu Jul 25 1991 15:34 | 10 |
|
CASH & CASH INVESTMENTS......................... $1,924,050,000
TOTAL EMPLOYEE POPULATION APPROXIMATELY......... 121,000
Hmm, thats $15,901.24 per employee. I'll take mine via direct deposit, please.
That should at least get rid of the excess taxes the company pays on interest
income..
:-)
|
92.151 | I heard the news today, oh boy ... | BOOKS::BAILEYB | Let my inspiration flow ... | Fri Jul 26 1991 11:28 | 5 |
| Yup ... read this morning's paper. 9000 more Digits will be looking
for work real soon.
... Bob
|
92.152 | | TERAPN::PHYLLIS | Wake, now discover.. | Fri Jul 26 1991 13:51 | 6 |
|
I think that's a low figure. 1.1B is a LOT of money.
:-(
|
92.153 | | BIODTL::FERGUSON | the rainbow does not have a beard | Fri Jul 26 1991 15:50 | 7 |
|
I think we'll see more than 10k people laid off during the next
fiscal year.
I also think that the first quarter of this fiscal year is not
going to be the best ...
|
92.154 | I'm sold on U*ix... | SPICE::PECKAR | Clean Phil Wanted | Mon Aug 05 1991 18:00 | 8 |
|
Hey, I just saw an application we've been running over here for two
years run on an Ultrix box. Sheesh, the damned thing went like Greased
lightning!! I'm chucking my CAR for more Vaxstations and getting us a 5000 or
two. To heck with VMS!
Fog_whose_tired_of_three_day_installations,_too.
|
92.155 | Im not ! | MSHRMS::FIELDS | Up The Wazoo Without A Gizmo | Mon Aug 05 1991 18:07 | 5 |
| no way man you ever try UGII in Ultrix ! it f*&^%$ b*&^%$, Im sticking
to my 3100 with VMS......yuck poo gag eeek dultixs
Chris
|
92.156 | | LEDS::MRNGDU::YETTO | child of countless dreams | Mon Aug 05 1991 18:10 | 13 |
|
Sold you can be Fog but there are alot of trade-off's with Ultrix!
OK, so the installation (appears to) only take an hour or two ... and then you
have two days of "set up". Especially if you want to really "grease your
lightening". Then let's not forget about the security, or lack-thereof and oh
yeah, the theory that all unix based machines are alike ... portability
shmortability, I'm tired of this hype! Give me VMS anyday but even past that
if you want to see quick installations and nifty, fast-running applications
come up here and let me show you the half dozen Tandy's I have running in my
lab!!
Lisa_whose_also_tired_of_the_similarities_in_the_differences
|
92.157 | VS3100 MODEL 76 = VROOOOM! | NECSC::LEVY | Don't pop a vein, man! | Mon Aug 05 1991 18:11 | 9 |
| I just got model 76 upgrade to my VS3100 model 30.
This is an 8 VUP machine and has made an INCREDIBLE difference in performance.
This box will run either VMS or Ultrix!!
Worth checking out!
~dave
|
92.158 | not again!!!,.. NOT HERE!!!!! | STAR::SALKEWICZ | It missed... therefore, I am | Mon Aug 05 1991 18:12 | 11 |
| Hey now,...
We have enough religous discussions going on in here,..
lets not start a VMS vs. Unix war in here ,... please...
PRETTY PLEASE?!?!?!
/who_hears_enought_of_this
everyday_to_make him_/sick
|
92.159 | Unix has no balls...:-) | AOXOA::STANLEY | Legalize the Bill of Rights... | Mon Aug 05 1991 18:16 | 6 |
| One thing about U*IX is that there isn't anything comparable in VMS to
pipelining. Since I've started to learn U*IX there have been quite a few times
that I wanted to do something in VMS and couldn't. It ain't too bad once you
get used to it.
Dave
|
92.160 | | SPICE::PECKAR | Clean Phil Wanted | Mon Aug 05 1991 18:17 | 5 |
|
Slash, I don't think its fair for you to ask us not to argue about something
just because you heard it all already. Lets just admit it, VMS stinks.
Fog_whose_rilly_had_it_with_this_operating_system.
|
92.161 | | LEDS::MRNGDU::YETTO | child of countless dreams | Mon Aug 05 1991 18:28 | 9 |
|
Fog you suprise me.... making such a one-sided subjective statement as
"Let's just face it, VMS stinks". That is precisely the type of negative,
defeatist attitude that drops the ball on opportunities before anything good
can come of them. Let's just close our eyes on the world and kill VMS, is that
what you are saying? OR, are you just venting your spleen at us with no real
intention of doing anything besides complaining?
|
92.162 | :-) | SPICE::PECKAR | Clean Phil Wanted | Mon Aug 05 1991 18:31 | 5 |
|
Hey yetto, what the F does my spleen hafta do with better pipelining????
Hmmm?
|
92.163 | ULTRIX is for technoweenies NEway ... | BOOKS::BAILEYB | Let my inspiration flow ... | Mon Aug 05 1991 18:39 | 8 |
| Hey Fog ... you know what you can do with your pipeline ...
... actually, come to think of it, I guess you already did ...
... ^!^
`-'
... Bobbb
|
92.164 | | LEDS::MRNGDU::YETTO | child of countless dreams | Mon Aug 05 1991 18:49 | 9 |
|
I'll leave anatomy out of this when the Ultrix programmers stop using the
names of yuppy puppies in thier common command set (ref: bif) as well as
other such clear and intellegent commands as grep, eyacc (hey, wasn't he a
character in Winnie the Pooh? :-), id, ypwhich, cat, egrep, fgrep, gripe,
nice, psxref, ... shall I go on?
:-)
|
92.165 | ~\~ | AOXOA::STANLEY | Legalize the Bill of Rights... | Mon Aug 05 1991 19:00 | 3 |
| Oh you guys are just mad because U*IX is making VMS obsolete. :-}
Dave
|
92.166 | vms :== pms | SPICE::PECKAR | Clean Phil Wanted | Mon Aug 05 1991 19:02 | 7 |
|
Fine. you just be content with your "Help Help More_help" command. I bet when
you're in a traffic jam on your way to see the Dead at Foxboro, you roll down
your window and ask "Is this the way to the deadshow?". Ah ha ha ha!
Fog
|
92.167 | | LEDS::MRNGDU::YETTO | child of countless dreams | Mon Aug 05 1991 19:09 | 9 |
|
pms? HEY! I resemble that remark once in a while! :-) ;^) :-)
OK, when I am lost on rt 1 I will roll down my window With Confidence
and ask directions because I Know that someone will be able to give them
to me if I simply ask.
:-)
|
92.168 | bye bye | SPICE::PECKAR | Clean Phil Wanted | Mon Aug 05 1991 19:12 | 16 |
|
Just so you don't think I've turned into somekind of ASSHOLE or
something, lemme explain..
I've been having a rough day. You know, just a lotta pressure and
frustration, and I bumped into the Lil' Thang in the hall, and she unloaded a
ration of kaka onto me about her frustrations and pressures., so I said, hey,
what should we do about this? She suggested we start a fight in grateful to
unload some of this crap. Worked great. I feel much better. I'm leaving now;
think I can face the rest of this day with a smile, now. Thanks for your
unwitting participation, and hope we didn't set off any hot buttons!
Thanks, all
Peace, fog.
|
92.169 | ;^) | LEDS::MRNGDU::YETTO | child of countless dreams | Mon Aug 05 1991 19:15 | 7 |
|
Yes, thank you all - our respective spleens feel much better now. :-)
|
92.170 | its a JOKE son ! - Foghorn Leghorn | MSHRMS::FIELDS | Up The Wazoo Without A Gizmo | Mon Aug 05 1991 19:37 | 8 |
| hey I still don't U*ix on my 3100 for UGII ! it rilly does s*ck....
but thats not a DEC deal more a Mcdonnell Douglas / DEC deal
they do run UGII in U*ix but I just dont like it.....
BTW, Fog told me jump into the fire ! Ha I don't feel any different ?
Chris
|
92.171 | no mo moss... | SPICE::PECKAR | Clean Phil Wanted | Mon Aug 05 1991 20:13 | 13 |
|
Whelp, the Bad vibes just came around again...
Got home to find tix to Series II MSG in my mailbox; section 300 behind stage...
:-(
:-/
:-) !!!
Fog
|
92.172 | perspective of an ex-UNIX, now VMS hack | STAR::SALKEWICZ | It missed... therefore, I am | Mon Aug 05 1991 20:39 | 38 |
| oy
dis is woise than the real thing!
Alls I can say is if you people think you can debate the eternal VMS
vs. Ultrix question,.. you should see some of the meetings that go on
at some higher levels...
oy oy oy
Unix will never make VMS obsolete,.. but it may make DEC obsolete.
The trouble is that the market is saying UNIX,... but they're not
saying DEC. VMS competes with nobody. VMS pays your salary because
we seel lots of it at nice profit. When a customer decides to leave
VMS and go to UNIX, the chances are only 1 out of 8 that he will
come back to DEC for a UnIX/ULTRIX offering. FWIW, Risc/Unix was
supposed to put VMS out of the workstation biz by now. The results for
FY91 showed that we sold ~28,000 U* workstations and ~37,000 VMS
workstations. The margin on the U* workstations is just slightly
higher than zero,.. but the margin on VMS is high. That high margin
is one of the reasons VMS workstations can't compete on a price
perfromance basis,.. but it is also what paid your salary :-/
All in all... I get sick when I think about what this means for DEC
in the long haul. VMS will live on even if DEC dies,.. and so will UNIX
of course. VMS would become a subject for third party support contracts
(anybody want to open a consulting business??)
/
PS But none of this dismisses them two spleen-ventors from their
just due,.. coming to a note near you soon! :-}
ahahahahah
^^^^^^^^^^maniacal /laughter
|
92.173 | | SPICE::PECKAR | Clean Phil Wanted | Tue Aug 06 1991 13:02 | 22 |
| RE: <<< Note 92.172 by STAR::SALKEWICZ "It missed... therefore, I am " >>>
Jes to set the record straight, I have no preference for one OS over
another. Its my understanding that the vendors who provide open
systems will be the winners in the next decade, and it wont be a matter
of choosing VMS, Unix, or what when most OS's are moving towards
connectivity, platform-independance, etc. Seems to me VMS and Unix both
have a place in the future of computing...
> supposed to put VMS out of the workstation biz by now. The results for
> FY91 showed that we sold ~28,000 U* workstations and ~37,000 VMS
Hmm, innerestin. I wunder how many of those sales were in-DEC, tho.
If jes one in ten employees obtained a vms werkstation in FY91...
> PS But none of this dismisses them two spleen-ventors from their
> just due,.. coming to a note near you soon! :-}
Uh oh., I kin see the headlines now: Incenced Slash Acerbated by
Borish Slash Bashing Bites Back Bitterly with Blood Boiling Ire. :-)
Fog
|
92.174 | | AWECIM::RUSSO | | Tue Aug 06 1991 13:03 | 7 |
|
DOS rules!!!!!!!!!!!!!!!!
;^)
Hogan
|
92.175 | | LEDS::MRNGDU::YETTO | child of countless dreams | Tue Aug 06 1991 14:31 | 13 |
|
> DOS rules!!!!!!!!!!!!!!!!
HAHAHAHA! :-) In my job I have to test on many different software
platforms, VMS, Ultrix, SCO Unix, OS2 and DOS plus all those wierd
pdp thingies.... All of them have thier advantages and disadvantages
to me (the user and the test engineer) but I will say a couple of things
about DOS. #1: It was the easiest to learn, #2 you pick up LOTS
of bad habits from using it (you can typically find me not caring
after I format c: because it only takes 5 minutes to install NOT a
habit I want to have when I am using VMS or Ultrix!) ;^/
Lisa
|
92.176 | | BIODTL::FERGUSON | the rainbow does not have a beard | Tue Aug 06 1991 15:10 | 8 |
| I'll take VMS anyday...
If you like pipelining and stuff like that, you could write a program in
VMS to do it...(matter of fact, something like this may exist already).
Ever try yanking a memory board out of an Ultrix machine (while it is
powered-off) and then rebooting it? Reconfigure time.
|
92.177 | | LANDO::HAPGOOD | now we play for life | Tue Aug 06 1991 16:00 | 23 |
| Let me jump into the U*IX vs. VMS fray much to Mr. /'s dismay :)
I've been using a mips based workstation for the past 4 years.
As a side job I manage a large mips server with 21 diskless mips clients.
As a my real :) job I do software test tools development for a non VMS based
machine.
No problems. I use VMS for mail and for notes because I don't particularly
care for the alternatives with windows on the ultrix side although I admit
to never having tried mail with windows (I dislike notes w/ windows).
I like ULTRIX and I like VMS. As time goes on I am getting less and less
schizophrenic. Instead of in the beginning when I had all my ULTRIX
commands aliased to DCL equivs - I now have all DCL's equated to the ultrix
equiv...this to avoid disaster when changing from window to window.
It's all in what you like, but most importantly if the people buying the
stuff wants A then we can't continue to force feed them B. That's how come
companies like SUN suddenly come to life in a major way (can't get it here
but lookie here...)
fine if you don't like it - but I'll take both.
bob
|
92.178 | Gimme them BIG mips!!! | SCAM::GRADY | tim grady | Wed Aug 07 1991 18:50 | 15 |
| Well, I've mostly used VMS, but I've tinkered with Ultrix/RISC too.
I'm very fond of the Ultrix shell(s), but damn, that MIPS box is a
screamer!
I guess the gear head in me comes out when I see something run 10 times
faster on the same size box. I just think the Ultrix user interface
(aside from Xwindows) is gross. Too much black magic for my taste...
But it's like arguing which text editor is best, or some other
topic like religion or politics.
So it goes.
tim
|
92.179 | :-) | STAR::SALKEWICZ | It missed... therefore, I am | Wed Aug 07 1991 19:50 | 18 |
| Hey bobo
Why should that reply be to my dismay?
After all,.. I already have a few othe religions I subscribe
to.... I don't need VMS or UNIX to complete my sense of existence.
I have no loyalties to either. I've hacked both,... and it
all sort of blends into one for me now,...
They are more similar than they are different,... once you get
past the cosmetic or user level stuff...
/
PS 8*p
|
92.180 | will the real God please stand up? | LANDO::HAPGOOD | now we play for life | Wed Aug 07 1991 20:19 | 14 |
| <<< Note 92.179 by STAR::SALKEWICZ "It missed... therefore, I am " >>>
> Hey bobo
> Why should that reply be to my dismay?
Why Mr. /? Because you asked us not to start a religious war (tm).
and I just had to add my thoughts....s
bob
>> PS 8*p
:)
|
92.181 | as emily would say... | STAR::SALKEWICZ | It missed... therefore, I am | Thu Aug 08 1991 17:52 | 6 |
| oh,.. never mind!
:-)
/
|
92.182 | new DCU fees | TERAPN::PHYLLIS | Wake, now discover.. | Thu Aug 15 1991 15:32 | 38 |
|
I received the following message, accompanied by a request to `pass it
along.' Please do not reply to this message.
If you are currently a member of DCU, or are considering joining the
credit union, you may be interested in the following.
-intermediate headers removed-
Subj: DCU introduces new monthly fees from back door
In your recent DCU monthly mail, You might have seen a pamphlet describing
two great ways to have checking account with DCU, and new rate information.
The whole idea of this pamphlet is to try to draw your attention away from
the fact that now you will have to pay some monthly fees if your balance
drops below $1000 for any day of the month. This is something you
never expect from a credit union.
Their argument is that there is a large number of inoperative accounts,
and the cost of operation of those accounts have to be paid by all members.
They can charge some fees on these accounts but instead of doing that,
they are going to impose a flat fee on all accounts with balance less than
$1000.
You may or may not have heard that DCU's president recently ran
away with 70 million dollars. We will now be paying on behalf of that president
in the form of monthly fees and increased fees on most other services.
Credit unions are usually supposed to be well managed financial
organizations who offer low cost services to their members.
If you think that you should not be paying a monthly fee, I urge
you to go to DCU and voice your protest. All you have to do is to say
that you oppose this new change. They will write up a complaint form with
whatever you say. It will be a five minute task on your part, but if all
of us go there individually, and spread the message around, they will
be flooded with complaints and will have to take this fee away.
|
92.183 | First the free lunch, now free checking... | SPICE::PECKAR | Clean Phil Wanted | Thu Aug 15 1991 16:03 | 7 |
|
The charge for checking if your balance drops below $1000.00 is $2.00.
The interest on $1000. deposited in RSVP for a month is about $4.00.
I guess if you live in Mass, you get used to this sorta thing. :-/
|
92.184 | | TERAPN::PHYLLIS | Wake, now discover.. | Thu Aug 15 1991 16:25 | 8 |
|
I think it's bullsh*t. Who keeps a checking account balance at or
above $1000 on a regular basis? The fee's not even waived if you have
any account with $1000 in it, like a lot of banks do. Not to mention
that ATM fees are going up too. Unless you use a DCU ATM.. of course
there isn't one in NY but why should that matter, right?
:-/
|
92.185 | | VMPIRE::CLARK | the Eddie Haskell decade | Thu Aug 15 1991 16:33 | 7 |
| > You may or may not have heard that DCU's president recently ran
>away with 70 million dollars. We will now be paying on behalf of that president
>in the form of monthly fees and increased fees on most other services.
Grrrrrr ....
Greed rears its ugly head once again ....
|
92.186 | complain! | EZRIDR::SIEGEL | Frank Zappa in '92! | Thu Aug 15 1991 17:52 | 15 |
| I am upset by these proposed charges. Someone has suggested writing letters or
complaining in person to DCU and threatening to remove your account if these
fees are not rescinded. You can write to:
Mary Madden
Communication Dept.
PKO5
141 Parker Street
Maynard, MA 10754
send by USPS or interoffice mail..
I've already prepared a letter and will be mailing it shortly.
adam
|
92.187 | Good, I didn't like their hours, anyway :-) | AKOV06::DCARR | TheySayI'mCrazy,ButIHaveAAWESOMETime... | Thu Aug 15 1991 18:53 | 5 |
| Well, I guess that I'll take that check for the sale of my house and
find another bank to deposit it in, eh?? Not to mention closing my
existing account...,
ML
|
92.188 | | COOKIE::FREIWALD | Teach Peace! | Thu Aug 15 1991 22:27 | 19 |
|
Someone in another notefile made a good point. The whole point behind a credit
unioin is that it is run by it's members. With this in mind we should consider
fighting this and if the board doesn't listen to their members can'em in the
next election.
I've heard of two more easy ways for the members to voice objections:
1) The DCU as set up a complaint line. If enough people complain they will
not execute the new charges.
The number is DTN:223-6735 ext: 207, and the person name is Mary Madden
2) The moderator of the DCU notes, BEIRUT::DCU (KP 7 to add to your notebook),
is solicating open letters to DCU management. Put your letter in note 255.
Let your voices or bit and bytes be heard!! ;-)
:-Chuck
|
92.189 | zip correction | BIODTL::FERGUSON | the rainbow does not have a beard | Tue Aug 20 1991 13:47 | 16 |
| RE: <<< Note 92.186 by EZRIDR::SIEGEL "Frank Zappa in '92!" >>>
-< complain! >-
>Mary Madden
>Communication Dept.
>PKO5
>141 Parker Street
>Maynard, MA 10754
The ZIP CODE should read: 01754
btw, i do keep my checking account over $1k so I don't have to run around
trying to find $$$ when things like mail order comes around (when these
things do happen, it may dip below $1k).
|
92.190 | | CLOSUS::BARNES | | Tue Aug 20 1991 14:01 | 3 |
| JC..RE your btw....you should go into the loan business
rfb (who ain't got a penny to his name)
|
92.191 | i don't have that much bread mon | BIODTL::FERGUSON | the rainbow does not have a beard | Tue Aug 20 1991 14:04 | 6 |
| No thanks rfb!!
Perhaps I could go into the loan business for dead tix. lemme see, for every
$250, I get one ticket as interest!
:-)
|
92.192 | More DCU info - please read | EZRIDR::SIEGEL | Frank Zappa in '92! | Mon Aug 26 1991 17:43 | 116 |
| <<< BEIRUT::R7XBOK$DIA0:[NOTES$LIBRARY]DCU.NOTE;4 >>>
-< DCU >-
================================================================================
Note 258.15 1990 DCU Annual Report Questions 15 of 15
GUFFAW::GRANSEWICZ "I'M DCU and you're not." 110 lines 21-AUG-1991 11:10
-< DCU Auditors Report >-
--------------------------------------------------------------------------------
[Permission to forward this note to other DCU members is granted.
Please be aware of the fact that many of the statements and
evaluations contained in this reply are my personal statements and
evaluations based upon my examination of DCU financial reports and
conversations with DCU senior management.]
I meet with Harry Goralnick, DCU Director of Finance & Operations for
1.5 hours yesterday afternoon. We covered many of the topics being
discussed in this conference but my primary objective was to review the
1990 auditors report for DCU. The auditors report contain many notes
which explain several of the key financial figures on the DCU
statements. There were are least 10 notes but the one I was primarily
interested in was the note for loan losses.
Anybody reading DCU financial statements MUST have access to these
notes to properly interpret some of the figures. As a matter of fact,
it is the exclusion of these notes from the DCU Annual Report brochure
which prevents the auditors statement from appearing in the annual report.
This is according to DCU. And it would make sense because the notes
are where the real information is. I was not able to get a copy of
this report, just read it.
The report confirms suspicions we all have concerning DCU and the
recent scandal with Mangone. They are instituting fees to generate
additional revenue to cover the losses already incurred and that are
going to be incurred due to the default of $18,000,000 of participation
loans approved by the Board of Directors. These loans were brought to
the Board by Mangone and according to Harry Goralnick, the Credit
Committee had no part in their approval.
In 1990, DCU took a loss of $2,696,000 on some of the participation
loans. In this same time period, losses by "members" was $283,000.
The loss by members was .0012% of loans outstanding. The increase in
delinquency cited by DCU so frequently of late definitely applies to
the participation loans. Is .0012% a high delinquency? I would have
to say not based on the following statement by Claire Beaudoin
(Chairman DCU Credit Committee) in the 1989 Annual Report: "As news of
a troubled financial marketplace surfaced in 1989, DCU reported a
consumer and real estate loans delinquency rate of less than 0.1%, one
of the lowest amony all banks thrifts, and credit unions."
The very next sentence is indeed ironic: "Our conservative lending
practices, especially in real estate secured loans, have kept this rate
in check."
I would like to point out the way the previous breakdown was done by
the auditors. It is VERY important in my eyes. Delinquency for
participation loans was reported seperately and all other delinquencies
to "members" was accounted for. This CLEARLY indicates that these were
loans to non-DCU members. These were NOT investments. These were
loans. Loans which were to trust companies and which did NOT go
through the normal loan approval process of DCU. As loans to
non-members, these loans violate DCU Bylaws.
DCU also repossessed property totalling $6.6 million in 1990.
Commercial real estate totalling $2,562,000 and land totalling
$4,131,000. The fact that DCU loaned money for raw land is appalling.
This is the highest form of real estate speculation. Many financial
institutions require a very high degree of borrower equity in raw land
before lending money for such purposes. If you wish to see how strict
they are, I suggest you call any bank and see. DCU's Board of
Directors loaned DCU money to non-DCU members for real estate
speculation. This was done at a time when almost all statements coming
from DCU contained statements concerning the credit unions conservative
lending practices. But this conservative lending practice was indeed
occurring, to you and I. (Well, not actually me, their terms were
never good enough to even apply.) These participations brought to DCU
by a member of it's senior management (Mangone) were NOT held up to the
same scrutiny that a regular member's application would have been.
Merely having all the paperwork neatly filled in isn't enough. DCU
never VERIFIED any of the information through independent evaluations.
When I asked Harry about this, he stated that these evaluations were
expensive and may cost up to $5000. IMO, when you're dealing in millions,
$5,000 is a good investment. Again, DCU did NOT follow sound business
practices IMO.
The 1984 Annual Report contains the NCUA rating of DCU. It is #1. I
asked Harry for the current NCUA rating of DCU and he said it was not
for public disclosure. He stated DCU got grief by the NCUA for disclosing
that piece of information in the annual report. Now why would that be?
As a customer who is going to deposit a life savings in a financial
institution, I would like to have access to this rating. Does anybody
know where I can call to speak to somebody in the NCUA? I know people
in here in the past have had some dealings with them. I feel I must
confirm this.
Latest Satements of Condition from DCU:
Loan Losses Delinquent Loans (2-6 months)
----------- ----------------
January $ 30,005 $ 885,339
February 201,248 7,961,018
March 33,900 8,801,520
April 7,998 9,760,978
May 4,380 11,533,859
June 99,069 10,683,797
-----------
$376,600
Current Allowance for Loan Losses is $3,264,891. Look to see
massive transfers from Equity to the Alloance for Loan Losses over the
next few months. DCU may try and spread these over this year and next
though. August statement is due out this week. I can hardly wait. :-(
Looking forward to seeing everybody at the BoD forum tonight.
Phil
|
92.193 | XX DCU | SHKDWN::TAYLOR | Nothing shakin' | Thu Aug 29 1991 19:05 | 6 |
| Just cancelled my DCU. When asked why (on the termination form) I stated
tersely,
"new fee schedule"
Bill
|
92.194 | Jim Ostrerhoff to leave DEC | SSGV02::STROBEL | New Jack City Slickers | Thu Sep 05 1991 14:30 | 21 |
| from 5-Sep-91 Livewire Worldwide News
Jim Osterhoff announces intention to leave the company
Jim Osterhoff, vice president, Finance, has told the company that he has
made a personal decision to leave Digital and pursue other interests. Jim
will continue in his current capacity for the foreseeable future. The
exact date of his departure has not yet been determined.
There is no immediate replacement for Jim. It is anticipated that the
company will initiate a search, looking both within and outside the company.
"We certainly wish Jim success in his future pursuits. He has played an
important role in the development of a strong financial organization within
Digital," said Ken Olsen, president. "This group has been instrumental in
leading the company through dramatic improvements in technology, great
increases in productivity and challenging economic times. As a successful
organization, they will continue to position Digital for the future."
Jim has been with Digital for nearly seven years.
|
92.195 | JC the tie-less finance hacker | BIODTL::FERGUSON | the rainbow does not have a beard | Thu Sep 05 1991 15:22 | 6 |
| Hmm, maybe I'll apply for his job. Lemme see, finance...
$1,000,000 dead shows
:-)
|
92.196 | BFD | SCAM::GRADY | tim grady | Fri Sep 06 1991 14:24 | 12 |
| Been with the company nearly seven years....that's about when we were
really on a roll.
Now that we're in the dumps, it's time to bail out, I suppose.
Then again, our fiscal controls (or the lack thereof) are what have
really clobbered us. Maybe we can get someone new who can really clean
up this mess.
oh well,
tim
|
92.197 | | CSLALL::HENDERSON | Hand me my old guitar... | Fri Sep 06 1991 14:47 | 22 |
| RE: <<< Note 92.196 by SCAM::GRADY "tim grady" >>>
-< BFD >-
> Now that we're in the dumps, it's time to bail out, I suppose.
> Then again, our fiscal controls (or the lack thereof) are what have
> really clobbered us. Maybe we can get someone new who can really clean
> up this mess.
I have a suspicion that cleaning up this mess is what he wanted to do
a long time ago and finally got fed up with the resistance. The guy
is very well respected amongst the financial community and I wouldn't
be surprised to see some negative reaction from Wall St as a result of
his departure.
Jim
|
92.198 | My two cents | GR8FUL::WHITE | Without love in a dream... | Fri Sep 06 1991 14:56 | 25 |
|
Actually, I am quite quite pleased to see Mr. Osterhoff depart
the company. His entire attitude has been "improve short term
profits by cutting expenses once again". My quotes, not his.
Not to say that when he came on board there wasn't room for
improvement, but my own belief in the way to improve financial
performance is through improved productivity.
So now, having squeezed us as much as possible so that he can't
continue to show all the wonderful improvements just by cutting
some more expenses, I suspect he's moving on to find another
victim.
Then again, my attitude that a company's first and foremost
obligation is to its customers, followed closely by its
employees, and only way out there on the distant horizon is any
immediate concern for the stockholders in particular and Wall
Street in general, is anathema and blasaphemy to those worship at
the great altar of Wall Street.
And of course, I don't have much hope that any financial officer
of this company would hold views similar to mine...
Bob
|
92.199 | it's our "Digital Culture" that's killing us ... | LEDS::SUBSYS::BAILEY | | Fri Sep 06 1991 16:44 | 69 |
| >> Then again, our fiscal controls (or the lack thereof) are what have
>> really clobbered us.
I don't think it's a simple as that. Our fiscal controls (or lack
thereof) are a natural result of the way Digital has organized itself
(or lack thereof) to do business.
In order for a company to exert fiscal controls, there must be a common
vision which each and every employee in the company can use as a focus.
There must be a means of prioritizing our spending practices, and a
common set of rules that ALL cost centers and business units can use as
a guideline for keeping our goals on track. Digital has no such vision.
Each department ... every product manager ... develops their own personal
set of guidelines, and that is what is used as a model by THEIR
particular employees to prioritize fiscal control. The end result is
that massive amounts of money get spent moving different parts of the
organization in different directions ... kind of like a team of horses
trying to pull a cart, but each in their own direction. The net motion
is not optimal, and usually not in the desired direction. Work
frequently gets done more than once, by different departments, because
of the "not invented here" syndrome. Different parts of the company
compete against each other, rather than cooperate ... and the result is
that too many projects get cancelled after a lot of money gets spent,
and in the end we have nothing to show for our efforts except a lot of
frustrated employees and another reorganization.
It's going to take a lot more than a VP of Finance to change that, no
matter WHAT his personal philosophy may be. It's going to take a
fundamental change in the way Digital does business with itself, from
one department to another. We must learn to adopt the fundamental
concept that we ALL work for the same company. Unfortunately, that
must come from the top. And with all these different VP's instituting
different visions of where we need to go, I just don't see that
happening.
I don't know whether to laugh or cry when I hear our marketing types
talking about "integrated solutions". I experience firsthand, every
day, the effort (or lack thereof) that goes into just trying to get two
or more departments in this company to try to integrate their own
products into a system that our customers will want to buy. Typically
this involves more politicking than engineering ... and the end result
more often than not is less than it could be. Three different systems
will each want to implement their OWN mounting scheme for the same disk
drive, rather than work together to produce one scheme that they could
all use. Documentation folks in different parts of the company work
with software tools that are not compatible with each other, defeating
the advantage of on-line publishing. Support folks argue about service
strategies and threaten not to support each other's products, rather than
work together to come up with a common strategy that they can ALL work
to. This all needs to change if we ever want to remain competitive in
today's environment. Our leaders need to define a common vision that
puts the COMPANY's welfare ahead of that of the Business Unit. We need
to institute policies that discourage PBU's and cost centers from doing
things that make their own spreadsheets look good, but in the end cost
the company money. We need to find a way to simplify our own products
and policies so that our customers and our employees KNOW where we're
heading, and have some rough idea of how we intend to get there. Only
then will we see productivity rise to the level that currently exists
in our competitors' organizations. Only then will we see random fiscal
practices being drawn into line with the organization as a whole. Only
then will we see our bottom-line profits fall into some semblance of
predictability.
Sure "Digital has it now". But if we'd act like we all belong to the
same company we could have had it two years ago ... and at a fraction
of the cost.
... Bob
|
92.200 | | BIODTL::FERGUSON | the rainbow does not have a beard | Mon Sep 09 1991 12:17 | 9 |
|
I hear ya Bob!
I see it where I work to. Lots and lots of managers enjoy playing
ego games with their peers. Often, one has to wonder if they really know
who is paying their salary.
I don't know how we continue to turn a profit.
|
92.201 | Concerned with the DCU??? Go talk to the people who run it | MR4DEC::WENTZELL | Estamos hermanos y hermanas [sic] | Tue Sep 10 1991 18:17 | 11 |
|
There is an informal meeting for all DCU members to meet and ask questions of
the DCU Board of Directors TODAY in Maynard. This was done a few weeks ago
and the discussions lasted for 3+ hours.
It is from 5:30-7:30 in PKO5 (the DCU Admin Bldg) in the DCU Cafeteria on the
3rd floor.
See note 335.30 in PEAR::SOAPBOX for details.
Scott
|
92.202 | No DCU fees! | MR4DEC::WENTZELL | Estamos hermanos y hermanas [sic] | Wed Sep 11 1991 13:35 | 6 |
| I don't know if it is a result of last night's meeting (didn't go) but there
are sign in the DCU here in MRO4 this morning that the the checking account
fees scheduled to go into effect on 9/29 "will not go into effect at this
time."
Scott
|
92.203 | TreePic | EZRIDR::SIEGEL | Frank Zappa in '92! | Wed Sep 11 1991 14:36 | 6 |
| Our own TreeMan made it to "Digital This Week"! There's a picture of him in a
group of DISDP graduates on Pg. 5 of DTW.
Congrats!
adam
|
92.204 | class of '89 | BIODTL::FERGUSON | the rainbow does not have a beard | Thu Sep 12 1991 02:17 | 5 |
|
TREEMON !!
You're outta DISDP??? amen, eh?
|
92.205 | ex | THATS::RILEY | eeeeeeeeeegoneeeeeeeeee | Thu Sep 12 1991 18:37 | 14 |
|
Wow,
Such a brush with fame and glory! Haven't seen it yet...
Just think Carol... You too will be among the celebrities in just one
short year!!! :^)
Thanks for pointing it out Adam...
Treemon_who_in_the_same_vein_as_previous_dechead_celebs_will_sign_any_
copies_for_a_modest_feeeee_!
;^)
|
92.206 | | MPGS::MRNGDU::YETTO | child of countless dreams | Thu Sep 12 1991 19:26 | 9 |
|
> Treemon_who_in_the_same_vein_as_previous_dechead_celebs_will_sign_any_
> copies_for_a_modest_feeeee_!
You oughtta charge them Tree! I gave away *1* copy for free
and the damn ingrate sent it back to me! ;^/
;^)
|
92.207 | lets just say i was not your ideal disdp candidate | BIODTL::FERGUSON | the rainbow does not have a beard | Fri Sep 13 1991 02:05 | 5 |
| one more thing about the disdp picture.
when i was in it 2 yrs back, out of all the dudes in the class, i was the
only one NOT sporting one of those things men wear around their neck. i
was proud to be different! ....
|
92.208 | Talk about discombobulating a guy early on a friday morning! | SPICE::PECKAR | Playin' to the tide | Fri Sep 13 1991 13:45 | 42 |
|
What a shocker it was when I scoped out this Backup logfile. Didn't take me
long to figure out exactly what happened: My login.com, which invokes the zippy
quote generator was invoked by the batch job; no wonder so many login.com files
have that If f$mode() .nes. INTERACTIVE statement in them!
he heh he...
:-)
Fog
$!
$! This DCL command file is SYS$COMMON:[SYSMGR]SYLOGIN.COM. It is executed
$! everytime a process is created (e.g. someone logs in, a batch job runs,
$! or a network connection occurs from a remote system) because the logical
$! SYS$SYLOGIN is defined to be this file.
$!
$ SET NOVERIFY
%SET-W-NOTSET, error modifying SPICE$DUA0:
-CLI-E-IVDEVTYPE, invalid device type - specify a mailbox device
%SET-W-NOTSET, error modifying SPICE$DUA0:
-CLI-E-IVDEVTYPE, invalid device type - specify a mailbox device
%SET-W-NOTSET, error modifying SPICE$DUA0:
-CLI-E-IVDEVTYPE, invalid device type - specify a mailbox device
Clear the laundromat!! This whirl-o-matic just had a nuclear meltdown!!
Job BACKINC3 (queue SYS$BATCH, entry 417) holding until 14-SEP-1991 04:00
%BACKUP-E-OPENIN, error opening USER3:[SPECS3]DECW$CALENDAR_FILE.DWC;1 as input
-SYSTEM-W-ACCONFLICT, file access conflict
%BACKUP-E-OPENIN, error opening USER3:[SPECS3]DECW$SM.LOG;38 as input
-SYSTEM-W-ACCONFLICT, file access conflict
%BACKUP-E-OPENIN, error opening USER3:[SYSEXE]PAGEFILE.SYS;1 as input
-SYSTEM-W-ACCONFLICT, file access conflict
PECKAR job terminated at 13-SEP-1991 03:59:57.50
Accounting information:
Buffered I/O count: 1402 Peak working set size: 1410
Direct I/O count: 1136 Peak page file size: 3946
Page faults: 1443 Mounted volumes: 0
Charged CPU time: 0 00:00:15.28 Elapsed time: 0 00:01:15.82
|
92.209 | this dog needs some cough medicine | FRAGLE::IDE | now it can be told | Fri Sep 13 1991 14:21 | 11 |
| re .-1
I picked up the first Zippy book while in SF and lo & behold it was the
source of all (as far as I can tell) of the quotes! Now I know why
Loni Anderson's hair should be legalized!
How can I add new quotes to the file? How can I make my screen display
a tumblin' load a'wash so I can unravel the mysteries of the universe
as revealed by dirty socks and Downy???
Jamie
|
92.210 | love that ziphead | VMPIRE::CLARK | the funk of 40,000 years | Fri Sep 13 1991 15:49 | 1 |
| HELLO KITTY gang terrorizes town, family STICKERED to death!
|
92.212 | KO: That's right, the women are smarter... | SCAM::GRADY | tim grady | Mon Sep 23 1991 18:50 | 7 |
| During the DVN broadcast, KO was talking about engineering groups
needing to 'sell' their products to the sales force, using clear
and simple terms, if they wanted to be successfull. He said women were
particularly good at doing this.
tim
|
92.213 | can the bureaucrats! | BIODTL::FERGUSON | the rainbow is growing a beard | Tue Sep 24 1991 12:03 | 15 |
| I know one thing, if DEC got me to customer sites, I would be in a
position to engineer a better product. But, they like to keep me here, behind
my desk, cranking code out while marketing folks and managers visit customer
sites. Customers don't want to see marketing people, they want to see
engineers!! By visiting customer sites, I believe I could cut marketing out
of the loop for my particular product, because I would begin to learn what
they wanted in the next version. But no, have to do it the old, slow,
bureaucratic-bogged-down way. I believe marketing has a function, but for a
product that is established, I fully believe customer visits are the best
way for engineers to know what to put in subsequent versions. All this
bureaucratic BS to get products out the door @ DEC is the reason why we fair
poorly against other software houses. ... companies writing security software
(i work on a security product) are carnking out new versions every 6 months
while our next version won't be for another 9 months...
|
92.214 | I agree | MR4DEC::WENTZELL | Estamos hermanos y hermanas [sic] | Tue Sep 24 1991 12:37 | 11 |
| I agree with you JC, and I'm in marketing (please go easy on me ;^). I know
there are some engineers in the company that do get out in front of customers
on a fairly regular basis and it is very "healthy", for the customer, for the
engineer, and for DEC. Sounds like it doesn't happen enough though. BTW, most
marketing people at DEC that I work with are engineers (I won't go into the
pros and cons of that though).
BTW, I am one who hates the politics and bureaucratic hoops one must jump
through on many occasions to get things done around here.
Scott
|
92.215 | | SPICE::PECKAR | Playin' to the tide | Tue Sep 24 1991 14:58 | 21 |
|
JC, not to flame or anything, but KO & DZ's message was clear: its _your_
responsibility to make the contacts and sell your services as an engineering
group to the accounts. Its not gonna happen for you, no matter where in the
company you are, and if you _don't_ give a clear message to the account (ala
the example of CALS yesterday) you will lose in the long run.
Our group provides support to several design engineering groups. We have
absolutely nothing to do with marketing, sales, or the field, yet our org went
out on its own and made direct contacts with customers in our areas of
expertese and were able to leverage sales. All the messages we have been
getting are positve, about our charter, our funding, and our headcount.
As an aside, what struck me as the most important message from the DVN
broadcast yesterday was this little quip from KO (paraphrased):
"If you want job security, become an expert on UNIX"
My two cents...
Fog
|
92.216 | Try DECUS | NECSC::LEVY | In & out of the Garden they go! | Tue Sep 24 1991 17:02 | 5 |
| JC - You could work on gettin' your project represented at DECUS as well. Give
a talk on secure systems...come party with ME!!!!!
~dave_in_the_services_booth
|
92.217 | :-) | STAR::SALKEWICZ | It missed... therefore, I am | Tue Sep 24 1991 17:42 | 13 |
| Prob,.. you doin' Anaheim?
Me too,.. :-) :-)
Anybody else?????
/
PS does this mean we will miss the JGB at Worcester? I know I should
know the dates of all my plans and stuff,.. but,,... the circus
is in town and I can barely see past tonight!
|
92.218 | | 11SRUS::MARK | Waltzing with Bears | Tue Sep 24 1991 18:06 | 4 |
| I'm doing Anaheim, too. No, we needn't miss JGB at the Centrum, since
that takes place in the prior month.
Mark
|
92.219 | DECUS | NECSC::LEVY | In & out of the Garden they go! | Wed Sep 25 1991 11:17 | 8 |
| Yep, Anaheim!
Tentatively, I'm staying at the Residence Inn (got my reservation already...
hint, hint).
Two GRATE folks to share tunes and times with! What about Treemon???
~dave
|
92.220 | I'm trying ... | BIODTL::FERGUSON | the rainbow is growing a beard | Wed Sep 25 1991 12:54 | 15 |
| I'd love to go to DECUS and I have expressed interest in going. But, they
will probably end up sending some non-engineer person instead.... seems to be
the way it has always worked during my career at DEC... one can only lobby
so hard before becoming a pain in the butt........
I will keep at 'em though, and if I can go, I'll be psyched to see everyone
out there. hell, i've never been to california.
it also depends how far we are in out engineering program here. if i can't
afford to take time out for decus, i'll be hangin' low in littleton, ma.
not sure what kind of both we'll have for decinspect -- perhaps one booth for
all of our security products.
jc
|
92.221 | Anaheim? Maybe not... | LJOHUB::RILEY | | Wed Sep 25 1991 15:08 | 10 |
|
Don't know about Anaheim yet Prob...
I may not have time to go actually, with our group's resources, and the
time-frame we've got to get our associated products out, every day's
gonna count around here!
Hope I make it though...
Treemon
|
92.222 | | RANGER::NOURSE | | Thu Sep 26 1991 16:37 | 9 |
| I'm going to DECUS. I'll be giving talks on Pathworks for DOS,
especially wr.t. MS-WINDOWS.
Won't be staying at the Residence, they say it's too expensive for
the current guidelines....
It's not the JGB concerts we have to plan around for DECUS,
it's the Mickey Hart show (tentatively 7-Dec in Boston).
I'm going to make sure I fly out Sunday so I don't have to miss it.
|
92.223 | Rumors?? | CHIEFF::KULP | | Thu Sep 26 1991 18:45 | 11 |
|
I'm not sure if this has been posted, but I know there is a lot of
stuff going on with the shows and moose killings. Here at DEC, I have
been getting a lot of rumor mail messages about Ken Olsen will announce
resign Oct. 6th. Mitsubishi will buy Digital for some big bucks.
There will be 17,000 employee layoff with 2 year buyout package.
Has any one else heard these rumors?? or is it just in HLO??
Ken
|
92.224 | | EBBV03::SMITH | | Thu Sep 26 1991 19:07 | 6 |
| Sounds like a bummer Rumor
Ken Olson would not resign on a Sunday
A Friday would seem more appropriate
A 2 year buyout sounds absolutly spectacular though!
|
92.225 | the truth to the rumors | SSGV02::STROBEL | NH - the Strip Mall State | Thu Sep 26 1991 19:55 | 13 |
| Ken's leaving to play keyboards, and some harmonica, on Elvis' Reincarnation
Tour
Mitsubishi is actually just a front (to get around the feds) for Howard Hughes
who is not deceased but rather has been living in a trailer park with Marilyn
Monroe in Waco, TX
I received 8 different messages with this rumor contained. Don't folks have
anything else to do and if not, at least be creative (plausible or sarcastic)
when formulating rumors.
j
|
92.226 | | BCSE::ABBOT | | Thu Sep 26 1991 20:10 | 5 |
| I thought Ken had a secret deal with Howard Hughes and Amelia Earhart
about some space mission to Mars to photograph the 50-mile Elvis face.
Scott
|
92.227 | | VMPIRE::CLARK | the funk of 40,000 years | Fri Sep 27 1991 04:36 | 54 |
| (FORWARDS DELETED)
+---------------------------+TM
| | | | | | | |
| d | i | g | i | t | a | l | I N T E R O F F I C E M E M O
| | | | | | | |
+---------------------------+
From: ______ _______
DTN: ________
Mail: ___________
Dept: Resignation Control
Enet: Adios::Amigo
Date: ____________
Subject: Another Resignation
*****************************************************************
INTERNAL ANNOUNCEMENT
PLEASE COMMUNICATE TO YOUR DIRECT REPORTS
*****************************************************************
We regret to announce that _______ ______ has decided to resign
from Digital. ________ has made many significant contributions to
the Company in his/her ___ years of service. He/she will clearly
be missed.
_______, through his/her excellent business acumen and
collaborative and caring management style, has earned the respect
and friendship of many employees at all levels of the Company.
He/she has made many major contributions to the overall growth
and success of Digital, specifically in building the ________
organization into a leadership industry standard.
Since joining Digital in ____, _______ has held several key Senior
Management positions including ________ _______, _________
_______, ______ __________, _________ ________, and _________
_______.
Please join me in wishing _______ the best in his/her future
endeavors.
Sincerely,
_______ _______
V.P.,
Digital Resignation Control
|
92.228 | random thought | BIODTL::FERGUSON | No cans, No bottles. | Fri Sep 27 1991 12:57 | 4 |
|
I'd love to become a programmer for the Dead organizaton!!
|
92.229 | | RANGER::NOURSE | | Fri Sep 27 1991 14:04 | 3 |
| Whoever designed the computer system Healy used to set up the PA
in Boston Garden must have known a thing or two.
I've never heard the Garden sound so good!
|
92.230 | Dead Dewey Decimal System | CIVIC::ROBERTS | Solyent Green is People | Fri Sep 27 1991 15:41 | 6 |
|
I still think the Dead organization could use a librarian to help them
index stuff and organize stuff and make shrimp w/brown rice curry tour
food(TM).
carol
|
92.231 | DIGITAL Today flap | CIVIC::ROBERTS | Solyent Green is People | Tue Oct 08 1991 14:34 | 25 |
|
In our building, security is making the rounds and removing YES ...
REMOVING the most recent copy of DIGITAL Today. Apparently a major
misprint .... perhaps the attached will give a clue ..
<<< CNOTES::DISK$SHADOWS:[NOTES$SHADOWED]DIGITAL.NOTE;3 >>>
-< The DEC way of working >-
================================================================================
Note 1627.4 TFSO 4 4 of 27
SHALOT::BOUKNIGHT "W. Jack Bouknight" 11 lines 7-OCT-1991 11:08
-< See "digital TODAY" articles (Oct 7 issue) >-
--------------------------------------------------------------------------------
For those of you who have access to it, DIGITAL Today's lead article
is titled "U.S. Field Downsizes". Basically, it tells about the U.S.
Field organization's second phase reductions of approx. 700 employees.
A companion article in the same paper "Downsizing Questions Answered"
gives more detail and answers to questions that might be asked.
Both articles were written by U.S Communications. Both apply only to
what's going on in the U.S. Field organization.
Jack
|
92.232 | or just "cat out of the bag" syndrome? | BARFLY::BELKIN | the slow one now will later be fast | Tue Oct 08 1991 14:42 | 11 |
| re < Note 92.231 by CIVIC::ROBERTS "Solyent Green is People" >
> REMOVING the most recent copy of DIGITAL Today. Apparently a major
> misprint .... perhaps the attached will give a clue ..
> Field organization's second phase reductions of approx. 700 employees.
I don't get it - so whats the mis-print? We aren't downsizing?
7000 not 700?
Josh
|
92.233 | major sleuthing needed | CIVIC::ROBERTS | Solyent Green is People | Tue Oct 08 1991 14:58 | 5 |
|
I don't know the problem as all the papers have vanished . I was hoping
someone in the Digital Notesfile would shed more light on it.
c
|
92.234 | | TERAPN::PHYLLIS | Wake, now discover.. | Tue Oct 08 1991 15:24 | 10 |
|
Not all the layoffs that were supposed to happen yesterday actually
happened. I'm not sure exactly which groups have been postponed, but
we're hearing something to the effect of layoffs of all "technical"
people have been pushed back. I believe technical is supposed to equal
software, sales support resources, etc.
At least that seems to be what's happening in NYC.
|
92.235 | Roll the dice | BIODTL::FERGUSON | No cans, No bottles. | Wed Oct 09 1991 11:30 | 4 |
| One thing about Digital, it is impossible to get a straight answer
from anyone on the layoff deal. You ask one person, you get 7,000. You ask
another person, you get 10,000. And yet another will say 14,000. Does
anyone _really_ know ?
|
92.236 | | VERGA::STANLEY | what a long strange trip it's been | Wed Oct 09 1991 12:03 | 1 |
| The Shadow knows....
|
92.237 | | ROULET::DWEST | Dont Overlook Something Extraordinary | Wed Oct 09 1991 12:05 | 1 |
| and it's not tellin'... :^)
|
92.238 | | CSLALL::HENDERSON | No great hurry, whattya say | Wed Oct 09 1991 13:07 | 12 |
|
Well, I'm convinced that nobody knows what's going on around here ( I think
the shadow got the package..)
Jim who tries to remain positive about all this, but is having a tough time
doing so.
|
92.239 | | TERAPN::PHYLLIS | Wake, now discover.. | Wed Oct 09 1991 14:05 | 19 |
|
This is what we've been told:
That due to the fact that there are many, many pre-sales openings
throughout the company, the planned layoff for software/pre-sales
people only, was postponed. These folks will all be put into one
corporate cost center, and will be given one month to interview for the
open positions. At that time, those people who have not found new
positions will be layed off.
FWIW, the layoffs that were scheduled for other groups, i.e. sales,
admin, etc., are taking place this week.
Why whoever figured all of this out couldn't figure it out a week or a
month ago is beyond me. I know someone who had been targeted to be let
go this Monday, and was called by his boss at home late Sunday night
and told about the postponement. Talk about last minute.
|
92.240 | | SPOCK::IRONS | | Wed Oct 09 1991 18:09 | 7 |
| >Jim who tries to remain positive about all this, but is having a tough time
>doing so.
Jim, you forgot your underscores! Watch it, the big axe is swinging!
Boris
|
92.241 | music, films, ? | GOOROO::CLARK | not(cranking) => yanking | Fri Oct 18 1991 12:04 | 12 |
| So, I'm sitting in a boring quarterly communications meeting for
the SCO Quality group and, what's this? we have to watch a film
on safety. So I put on my Siskel and Ebert hat and watched da ve
give a gut-wrenching, angst-drenched performance as a drug-crazed
axe murderer walking down the hall who gets bumped by a hapless
pencilneck who's carrying a cup of coffee WITH NO LID ON IT!!
I won't reveal the gory details of what happens next except to
say that the next person to walk down the hall slips on the puddle
of coffee (and, presumably, blood and human entrails) as da ve walks
away shaking his head.
What's next for this modern-day Rick Springfield?
|
92.242 | | ESASE1::JCFERGUSON | Shaken, not stirred. | Wed Oct 23 1991 07:19 | 6 |
| Re; someone asked about a chemical spill in Acton
A friend of mine that works at AKO said he was dismissed due to the chemical
spill for the day.... looks like Acton/Nagog...
Gross.
|
92.243 | long live vax | VMPIRE::CLARK | strange phenomena | Thu Oct 24 1991 15:24 | 54 |
| [forwards removed]
The following is an editorial from the October 7 issue of DIGITAL REVIEW.
DEFYING CONVENTIONAL WISDOM
Ask any computer pundit about the future of VMS and you'll get a grim
response -- it's too late. Despite Posix compliance, despite RISC price/
performance and even despite DEC's intention to license VMS to its rivals,
VMS' fate is sealed.
NONSENSE!
Today, VAX/VMS systems represent an extraordinary installed base -- on the
order of 400,000. Computer Intelligence, among other companies, tracks
U.S. VAX sites. If user sites were abandoning the VAX in favor of Unix
hot boxes, Computer Intelligence's surveys would reveal a decline in VMS
systems.
Although Computer Intelligence has tracked such a decline for a number of
IBM systems, it hasn't recorded any such trend for the VAX family. In fact,
Computer Intelligence's data shows a distinct growth pattern for the
popular VAX 4000.
As for desktop Unix systems, growth rates like last year's phenomenal 44
percent are over. This year, the growth rate for desktop Unix-based systems
should drop to the 20 percent range as the high-end technical workstation
market quickly matures.
And what about the commercial desktop market? The contest between high-end
PCs running Windows and low-end Unix based systems isn't even close. The
suite of applications running under Windows is four times the size of all
the applications written for Motif and Open Look combined! And in the wings
is Microsoft's 32-bit Windows running NT on the Mips RISC chip.
All this leaves Unix vying for the data center server market, where VMS
is strongly positioned with its system and file services. This strength
is reflected in DR's most recent plan-to-buy study, in the responses we
received from 792 of our readers, each representing a unique VAX site.
One of the survey questions was, "How important is Unix in selecting a
computer system?"
On a scale of 1 to 5, where 1 was a categorical imperative for Unix and 5
was cavalier indifference, those ranking Unix's importance as 5 were just
short of an absolute majority. In fact, the number of VAX-site buyers
who were indifferent to Unix outnumbered those who were Unix-driven by a
ratio of 4 to 1.
It's a sure bet that VMS will be around for a long time yet.
Jack Fegreus, Editor in Chief
|
92.244 | stage of course! :^) | ROULET::DWEST | Dont Overlook Something Extraordinary | Fri Oct 25 1991 13:07 | 7 |
| re .241
:^) :^) :^) personally, i liked the fight scene better... i was
much more into my character... it's so much simpler when the director
provides proper motivation for a scene... :^)
da ve_the_thespian_back_from_his_illness
|
92.245 | oh, yeah, that too! | GOOROO::CLARK | asymptotically normal | Fri Oct 25 1991 13:15 | 2 |
| I wasn't sure if that was you in the fight scene, but I guess it
was!
|
92.246 | DCU Special Meeting Info | EZRIDR::SIEGEL | The revolution wil not be televised | Thu Nov 07 1991 13:44 | 228 |
| From: GUFFAW::GRANSEWICZ "Phil DTN 264-1680 TTB1-2/B1 pole 2A3 04-Nov-1991
1953" 4-NOV-1991 20:49:06.67
To: DCU_INTEREST_LIST
CC: VOLUNTEERS,GRANSEWICZ
Subj: DCU Special Meeting Information
[Permission to forward or post this mail is granted. However, the
original mail header and names at the end of the message must be
retained. The contents of the mail may be shared with any DCU member.]
November 4, 1991
--- DCU Special Meeting ---
The special meeting will be held on Tuesday, November 12, 1991 at
7:30pm at the Sheraton Tara Hotel, located at 1657 Worcester Road
(Rt. 9 Westbound side) in Framingham, MA. Directions are at the end
of this message. It is recommended that you plan on being there as
early as possible. When we called the Sheraton Tara to find out the
name of the room, they informed us that DCU had requested they give
out no information. DCU refuses to disclose the name of the room or
its capacity. So if you plan to attend, the earlier the better.
Though DCU denies it, two seperate sources have told us that DCU
has asked its employees to attend the meeting. DCU employees can also
join the credit union. One of the above sources has also said that
DCU employees have recently been given raises. The timing of the
raises and the request to attend the meeting is highly suspect. If
any of this information is true, it is very important that AS MANY
DCU members AS POSSIBLE attend the special meeting. There are still
many DCU members that are not aware of the importance of the meeting
and the reasons for it. You can help by forwarding this message to
others as well as by speaking to others about the meeting and its
importance. If we are to affect positive changes at DCU, we will
need the strong support of many DCU members.
A couple of frequently asked questions have been "What is the
quorum for the meeting?" and "What identification do I need?".
A quorum for the meeting is 15 DCU members. We should have no
problem with having that many people there. As for indentification,
any picture ID that matches your name on file at DCU will get you
into the meeting.
--- DCU Special Meeting Attendance ---
Thanks to all who responded back to GUFFAW::GRANSEWICZ stating
whether you could or could not attend. If you have not replied back,
please do. We are trying to guage our strength at the meeting.
For those people with joint accounts, DCU has stated that only the
primary member may vote at the meeting. We have received conflicting
messages as to whether the other person will be allowed into the
meeting or not. If you have any questions at all concerning who
can vote or get into the meeting, you should call DCU at
DTN 223-6735, ex. 207.
--- DCU Special Meeting Carpools ---
Many people responded back stating that they could drive people to
the meeting. If you wish to ride with somebody, please send mail to
Jim Syiek (LJOHUB::SYIEK).
--- DCU Fun & Games with the Membership ---
Besides not disclosing the room name and size, asking its employees
to attend the special meeting (even though DCU employees have been
instructed not to discuss it), DCU has also been up to some more
questionable activity. They refuse to post the special meeting notice
in the branches. Many believe reminders of such a significant event
for the credit union should be posted. But they have complied with
the legal requirements of mail notification. But it was shocking to
find that they tried to block its posting on VTX LiveWire and DTW,
Digital Equipment Corp. communication vehicles. Mark Steinkrauss,
Chairman of the Board, sent mail instructing that only DCU submitted
notices may be posted. When asked, DCU refused to submit the notice
for posting. After discussing the situation with the DEC people
responsible for LiveWire, they decided to post the notice of the
special meeting, regardless of DCU's wishes. We commend them for
doing what was right. We can only point to this as yet another
example of DCU's BoD trying to control information to the detriment
of the membership.
DCU also refuses to comment on whether or not their lawyer
will be present, has commented that cameras and recording devices
will be prohibited from the meeting, and won't even commit yes or no
to voting on the issue of the Board by secret ballot. Additionally,
they won't disclose whether or not an independent auditor or observer
will be present, won't comment on who or where a parlimentarian will
come from, and has at the last minute commented that the meeting
will be conducted using "the credit union's standing rules" in
addition to Robert's Rules. It is also worth noting that, while it
is within the bounds of propriety, Mark Steinkrauss will be chairing
the meeting which determines his fate.
In one day I received two calls from DCU members that did not work
for DEC anymore. Seems they had contacted people they still knew at
DEC to find out who they could talk to about the special meeting. They
had called DCU headquarters as the meeting notice instructed and were
given misinformation. They were told that only 200 signatures were
needed to call the special meeting, not that 1220 WERE SUBMITTED. I
guess that misstatement fits better with DCU's line that this is all
because of a few people. But even worse, when the caller asked for
the name of the person who submitted the petitions, the official DCU
spokesperson outright lied when she said she didn't know. Needless to
say the DCU members were not pleased when I told them that DCU was
well aware of who submitted them. Information packets were sent to
the two people who called. They were very appreciative. I called the
DCU person in question and requested that she not misinform people
who call for information. She had no comment. We have since been
told that this person will be giving out her personal opinion to
callers who request it. If DCU refuses to give out facts, should it
be giving out opinions?
--- DCU Interest List ---
If you received this message via forwarding and wish to be added to
the original distribution list, please send mail to GUFFAW::GRANSEWICZ.
Please include your location with the request.
--- DCU Notes File ---
For more information concerning DCU, please try to read BEIRUT::DCU.
It is a very busy conference lately so you may have some trouble
getting to it. If you get "Network partner exited" messages, it is
because the maximum number of people are accessing the conference at
the time.
--- Future Messages ---
Many people have been requesting more information about what the
issues are with DCU. Due to the heavy interest in the subject, the
DCU notes file has been hard to access. Over the next week we will
send out a series of messages detailing the issues with DCU's BoD.
--- "Small group" ---
The DCU Board of Directors has been trying to guage the number of
people involved in this effort since it started. It is in our best
interest for them to continue to believe that we are a small group
of people. The fact that we submitted 1220 signed petitions didn't
seem to mean much to them. This message will reach thousands of
DCU members at over 42 different sites. We are not a small group.
We also have many site volunteers that have helped gather signatures,
post bulletin board notices, create documents detailing the issues
with the current Board, etc. All of these volunteers stepped forward
and were not solicited. Please come to the special meeting to send
a clear message to the DCU Board of Directors; WE are DCU.
Regards,
Phil Gransewicz Christopher Gillett
Ron Boyan Dave Garrod
Bill Kilgore Bob Ainsley
Paul Kinzelman Wes Plouff
Ron Roscoe Bryan Williams
Beverly Chase Paul Wierzbicki
And Many Other Concerned Members of DCU
Directions to the Sheraton Tara Hotel, Framingham (508-879-7200):
From 495:
Take the Route 9 EAST exit.
Go several miles, (through 3 lights) you'll come to the
Mass. Turnpike entrance.
Go another 1/2 mile to a light and make a U-turn.
Go by the El Torito mexican restaurant.
The Sheraton Tara Hotel is on the right, just after the Mass.
Turnpike off-ramp.
From Rt 128:
Take either the Mass. Turnpike west or Rt. 9 west.
Follow the directions below.
From Masspike:
Get off at Route 9, (exit 12)
Follow sign directing you to Route 9 west (Worcester).
After getting on Rt. 9 west, the very first entrance on your
right will be for the Sheraton Tara.
From Route 9 (East of Framingham)
Follow Route 9 west
Watch for the El Torito restaurant on you right. (you're close)
Just after the Masspike off-ramp, the very first entrance
on your right will be for the Sheraton Tara.
Note:
Due to traffic on Rte. 128 at rush hour, it is recommended that
New Hampshire attendees approach Framingham from Rte. 495.
Along the same line, it might be easier, simpler or faster to get on
the Mass. Turnpike from Rt. 495. (keep going past Rt. 9 exit off of
Rt. 495, it's about a mile further south on Rt. 495)
Head towards Boston and you'll be getting off at the very first exit.
You'll give Mass. a $.50 contribution I believe but traffic on
Rt. 9 can be heavy.
The Sheraton Tara is a very large hotel that has a medieval castle
appearance, just like the one in Nashua NH.
For those wishing to grab a bite to eat before the meeting, there are two
places very close to the Sheraton Tara. The El Torito (mexican) on Rt. 9
west about 1/4 mile before the Sheraton Tara (just after U-turn in
directions above). Beware of the Giant Chimichanga though.
About 200 feet after the entrance for the Sheraton Tara, there is a Ground
Round. You could probably walk to it after parking at the Sheraton.
Otherwise you will have to make some U-turns on Rt. 9 to get back to
the Sheraton Tara.
If you are more into fast food, heading WEST on Rt. 9 (from 495) for 1
mile will bring you to a Burger King. It is at the first light. If you
make a U-turn at that light you will be heading towards the Sheraton Tara
(about 6 miles) and a MacDonalds (about 1/2 mile).
|
92.247 | attend the DCU meeting tonight! | EZRIDR::SIEGEL | The revolution wil not be televised | Tue Nov 12 1991 18:05 | 9 |
| The DCU Special Meeting is tonight at 7:30 at the Framingham Tara Hotel on Rt.
9 near the Mass Pike ramps. I urge DCU members in the area to attend. On the
agenda is, among other things, a vote for rescinding of the lame $2.00 a month
charge for checking accounts with less than $1000 balance. Hopefully, we can
return to free checking, as it has been since the creation of the DCU.
thanks,
adam
|
92.248 | A Visit to EPCOT (On business)... | SCAM::GRADY | tim grady | Wed Nov 13 1991 11:44 | 50 |
| I was gonna put this in the DISNEY notes file, but hell, I don't know
anybody over there, and it's more fun to tell friends.
Since the start of the new fiscal year, I've been going over to see the
Disney World account every two weeks or so. Most of their computers
and staff are in a big facility off in the boonies of Buena Vista and
not in the park...but yesterday I needed to go see some people at the
Disney Scientific Systems division. They run the attractions (i.e.
'the rides'). Their computers are actually in the parks, and in
particular in the EPCOT Computer Central exhibit. Visitors can see the
computer room through a big glass window (along with some superimposed
'ghost effect' animation projected on the window, similar to the
Haunted House special effects).
Disney has security comparable to the defense contractors in the area.
Better than some of them, in fact. I mentioned this to one of the
staff people, and joked that after all, the defense contractors are
only looking out for national security. If someone sneaks into Disney,
they're out 33 bucks! ;-)
The backlot access to the facility is via a tunnel entrance at the
'rear' of the EPCOT park, behind the World Of Energy (Exxon) exhibit.
I got to spend the afternoon hanging out in the EPCOT Computer Central,
checking out the equipment - got a mini-tour from the staff guys. All
of the attractions are operated from this room, using these odd-looking
continous loop, 24-track, 2-inch tape systems. They're really funky
looking devices, and from a distance they appear to be old CDC disk
drives - you can see them all from the exhibit audience. There are no
reels, and the tape never rewinds (too much stress on the tape), but
simply feeds into a large, vacuum cavity in the top of the device, and
then feeds back out at the other end. Hard to describe, and a very
peculiar design. Most of the stuff is analog, the tapes are used to
synchronize timing pulses that are sent to the Show Control Devices,
the so-called Audio-animatronics, with the audio tracks on the same tape.
They have a whole room full of these things. Also, every night EPCOT
has a laser/fireworks show, which is completely automated -- no human
intervention at all. The lasers, fireworks and audio are all
controlled by a couple of MicroVAX II's (running VMS), controlling the
show by sending timing signals to Motorola 68000's that shoot the
lasers, light the fireworks and play the audiotapes.
All of the Motorola's, or Show Control Units (SCU's) are downline
loaded with standalone C programs that are triggered by the MicroVAX
II's.
Grate fun. I'm going back this afternoon.
tim
|
92.249 | by brother told me so... | WFOV11::BUTZE | Quick beat of an icy heart... | Wed Nov 13 1991 11:52 | 5 |
| Tim...neat stuff and thanks for sharing...I was also under the
impression that Unysis had a bunch of stuff there as well...is this
true|?
rich
|
92.250 | such a boring job you got Tim.... | MSHRMS::FIELDS | send a smile, show you care | Wed Nov 13 1991 11:55 | 6 |
| thats cool Tim, say Hi to Mickey ! I'd love to live at Disney !!:')
Epcot is a great place, I went there last year and I never got enough
of the park.....if ya can go to the France area and try the Elephant
Ears in the bakery shop !
Chris
|
92.251 | | SCAM::GRADY | tim grady | Wed Nov 13 1991 13:07 | 39 |
| Sperry used to have a bunch of stuff at Disney, but when the merged
with Burroughs to form Unisys, Disney got nervous and switched a lot of
the big stuff to IBM. IBM shot their foot off, though, so WDW just
switched to Amdahl. They still have a bunch of Sperry PC's, but Compaq
is moving in. I thought that it was odd, and somehow if there was ever
a Macintosh customer, this would be it! Nope.
Most of the rides are controlled by old DG stuff. Novas and Eclipses
on the older ones. The touch-screen directory services at EPCOT are
VAX 11/750's runing BSD 4.1 (really old). Bell Labs put that stuff
together back in the early '80s, and they're stuck with it because it's
so device specific to the touch screens that they can't even upgrade to
BSD 4.2 or later, much less to a newer box! So much for Unix portability.
They don't even run TCP/IP.
Overall, I was surprised at how old a lot of the technology behind the
Experimental Prototype Community of Tomorrow (EPCOT) was. The VAX
4000-200 I was working on was the only new stuff around, and it was
practically idle! They run their Motorola cross compilers on the
MVII's, mostly. Cheaper licenses. Most of their technology is as old
as the park - 10 years.
That's not to say they're entirely out of step. They do use newer
technology on new developments, hence the 68000's and the VAX 4000.
Everything they do for the parks is one-of-a-kind, though, so they
don't "re-do" anything unless they have to.
Disney is planning a real live working community. I think they're
calling it Discovery Village or something like that. People will
actually live there. I have a feeling that's gonna be some expensive
real estate, though!
BTW, both Disney and Universal Studios are having special free
admission for kids 12 and under between now and Christmas. Just in
case anybody out there is thinking of going soon... That was in today's
local paper.
tim
|
92.252 | | VMPIRE::CLARK | honor vets - wage peace | Wed Nov 13 1991 13:44 | 13 |
| > Most of the rides are controlled by old DG stuff. Novas and Eclipses
> on the older ones. The touch-screen directory services at EPCOT are
Maybe that explains why the "It's A Small World After All" ride broke down
while Lydia and I were on it.
Rilly. It was just like the skit on Sat.Night Live, if you ever saw it. All
of a sudden the ride stopped, but the music kept on playing, and the dolls
kept on rocking back and forth, and a tape loop kept repeating "remain in your
seats, the ride will continue shortly ...." It was horrible. Luckily the
dolls didn't attack us.
- Dave
|
92.253 | | SCAM::GRADY | tim grady | Wed Nov 13 1991 14:18 | 13 |
| For some reason, Small World always seems to break down. I think they
do it on purpose there. They do stop the ride for handicapped access,
but you always hear about people who got stuck for a half hour or more,
to the point where they were seriously considering suicide...
A couple weeks ago a kid was taken to the hospital with critical
injuries as a result of being dragged behind one of the chairs in the
haunted house. She was apparently jumping from chair to chair and
missed. Probably a scientific experiment on her part that simply went
awry, no doubt. ;-) It may be a small world, but it's not THAT small.
tim
|
92.254 | Scarred for life by WDW! | SPICE::PECKAR | Not the Mama | Wed Nov 13 1991 14:46 | 13 |
| > but you always hear about people who got stuck for a half hour or more,
> to the point where they were seriously considering suicide...
My mom threw onto that ride when I was nine years old. It didn't break
down, but I considered committing suicide anyways: on the normal run through
that course, the song is repeated at least a half a dozen times...
WDW was a bummer that one and only time I was there (1970). Everything
was either croke or under construction. Except, of course, the monorail, which
wasn't a ride, but mom tried to convince us it was...
Normal? Me? Uh huh. yup.
|
92.255 | | CSLALL::HENDERSON | Ran smack into a tree | Wed Nov 13 1991 15:05 | 12 |
|
I haven't been to WDW, but went to Disneyland in Calif a bunch of times..I
actually enjoyed Small, small world...I thought it was fun and happy, but I
admit that if I ever heard that song again I was gonna scream or do something
equally as frustration venting.
Jim
|
92.256 | | SCAM::GRADY | tim grady | Wed Nov 13 1991 15:22 | 13 |
| > <<< Note 92.254 by SPICE::PECKAR "Not the Mama" >>>
> -< Scarred for life by WDW! >-
> WDW was a bummer that one and only time I was there (1970). Everything
>was either croke or under construction.
Well, no wonder, Fog. WDW didn't open until a year later (1971)! ;-)
How did ya get in?
Yea, I remember when it first opened too. It was a hassle. It was
also a LOT cheaper...
tim
|
92.257 | Don't ask an air sign | SPICE::PECKAR | Not the Mama | Wed Nov 13 1991 16:29 | 8 |
| RE: <<< Note 92.256 by SCAM::GRADY "tim grady" >>>
> How did ya get in?
Heck I dunno, I wuz nine years old at the time. I suppose I musta
followed myself right in...
Seriously, tho, Maybe I was a test marketeer? Or, maybe I was ten? :-)
|
92.258 | evreybody! | STAR::SALKEWICZ | It missed... therefore, I am | Wed Nov 13 1991 17:05 | 11 |
| This ones for Jim H.// and le petite poop who I know would be
proud of me for entering this,..
And a one
.. Its a small world after all...
/Bill
|
92.259 | | CLOSUS::BARNES | | Thu Nov 14 1991 14:18 | 3 |
| can't remember where I heard this this week (under the influence of
Nyquill) "It's a third world afterall"...with lyrics that were right
on.
|
92.260 | heavy metal version | WFOV11::BUTZE | Quick beat of an icy heart... | Fri Nov 15 1991 14:21 | 5 |
| Hey Jim I think I can get you the chords and words for small world...
after all itsa...
rich
|
92.261 | | CSLALL::HENDERSON | Where peace and balance are the rule | Fri Nov 15 1991 14:32 | 7 |
|
Hey, great idea...I'm working on Peggy O, but I'll set that one aside for
a bit!
Jim
|
92.262 | | TERAPN::PHYLLIS | Wake, now discover.. | Mon Dec 02 1991 10:47 | 4 |
|
December 1st employee stock purchase price: $53.75
|
92.263 | | ZENDIA::FERGUSON | Guinness gives you strength | Mon Dec 02 1991 11:10 | 4 |
| Re: stock
I was hoping for a price in the 40s ... oh well. Sell 'em today and make
~ $10 /share!
|
92.264 | | RANGER::NOURSE | | Mon Dec 02 1991 15:44 | 3 |
| I guess a lotta people are trying to do that.
Investor Services' voicemenu has been busy most of the day
and the stock is down 2 3/4 already.
|
92.265 | this is pretty neat! :-) | LEDS::MRNGDU::YETTO | child of countless dreams | Fri Dec 06 1991 10:44 | 66 |
|
+---------------------------+ TM INTEROFFICE MEMORANDUM
| | | | | | | |
| d | i | g | i | t | a | l |
| | | | | | | |
+---------------------------+
4 DEC 91
To: All Digital Employees
DIGITAL SHREWSBURY (SHR3) HOSTS COMPUTER BUS
---------------------------------------------
The Massachusetts Community Relations group, which is part of Corporate
Community Relations, will be sponsoring the Computer Bus in Shrewsbury
(SHR3) during the month of January.
The Computer Bus program is unique at Digital in that it is the only program
that gives a 100% grant towards equipment and training for selected non-profit
agencies. The program has had widely acclaimed success in Massachusetts and
New Hampshire since its inception in 1983 and has been extended to Maine.
Seven agencies servicing the Shrewsbury and Greater Worcester areas will be
program recipients. Each agency will receive a DECstation 212LP and a printer.
The participating agencies are:
- The Worcester County Food Bank-Shrewsbury
- Shrewsbury Community Services
- Greater Worcester Habitat for Humanity
- Abby's House - Worcester,
- The Rape Crisis Program of Worcester
- Oak Hill Community Development Corporation-Worcester
This program provides visible evidence of Digital's commitment to
strengthening community/business relations.
The French River Educational Center, a non-profit educational service provider,
in Oxford, MA, has had a long-standing relationship with Digital to provide
training to program recipients.
Employees are welcome to come aboard the BUS, for a tour during lunch
(12:00 noon to 1:00 p.m.) when classes are not in session. The instructors,
Jane Robertson and Paul Neslusan, will be happy to answer any of your questions.
We are proud to sponsor the Computer Bus for the first time at Shrewsbury.
If you have any questions, please feel free to contact Rebecca Kneeland,
DTN 237-2904 or Nugget::Kneeland
The Bus will arrive on December 30th and will be stationed at SHR3 for the
month of January.
Barbara Sarkisian Arthur
Mass. Community Relations
Digital Equipment Corporation
"Valuing People, Technology and the Environment"
|
92.266 | How Does Digital Support Computer Science Education? | WLDWST::BLAKKAN | We will survive | Sat Dec 07 1991 08:41 | 7 |
| I know of a small business college with a computer lab
where students could use some DEC products. I figure DEC
periodically makes contributions to educational institutions
in one way or another. I'd appreciate hearing from anyone who
knows anything more about it.
KenB
|
92.267 | | AWECIM::RUSSO | | Sun Dec 08 1991 12:20 | 13 |
|
My high school (Westford Academy in Westford, MA) had a PDP-11 and a
bunch of VT100's when I took my first programming class my senior year
in 1981-1982.
I went to college at Purdue and majored in Computer Science. Towards
the end of my stay there I remember seeing a sign that listed all the
contributers to the Computer Science program, and DEC was one of the
major contributers. The last couple of years I was there we were using
VAX's....I remember seeing the DEC machines in the labs there.
Hogan
|
92.268 | Corp Contributions | MILPND::CROWLEY | Sweet Songs to Rock my Soul | Mon Dec 09 1991 14:51 | 2 |
| The "Corporate Contributions" department is in the phonebook.
For 'program inquiries' call 223-9210.
|
92.269 | | TERAPN::PHYLLIS | Wake, now discover.. | Mon Dec 09 1991 15:05 | 7 |
|
Hey da ve! Maybe you could call that number for a campaign
contribution!
:-)
|
92.270 | :^) nope, they have an axe to grind... :^) | ROULET::DWEST | Dont Overlook Something Extraordinary | Mon Dec 09 1991 15:16 | 8 |
| nope... i had already decided that i would accept no contributions
except from individuals (and even those would be capped at $1000)...
i see this as being an important element to my campaign...
this is one candidate that cannot be bought! :^) (rented on occasion
but not bought! :^)
da ve_who_is_not_a_candidate_for_92
|
92.271 | more info for educational grants | SSGV02::STROBEL | Sssh - new dad asleep | Mon Dec 09 1991 17:40 | 8 |
| re: .266
Ken:
In 1988 DEC announced the "The Education Initiative" which is a grant
program for non-profit education institutions that is renewable on a yearly
basis. Tied in with this are associated programs such as the Campuswide Software
License Grant and the Education Market Basket. A contact for this program would
be Betsy Carroll (BIMMRO::CARROLL) dtn 297-4518
|
92.272 | | CSLALL::HENDERSON | Don't go near that river | Wed Dec 18 1991 11:15 | 12 |
|
Well, we have our official downsizing meeting with the big guy this afternoon.
:^/
Jim
|
92.273 | | ZENDIA::FERGUSON | Guinness gives you strength | Wed Dec 18 1991 11:57 | 5 |
| Say your prayers mon!
Fingers crossed for ya...
+
|
92.274 | word of a bad quarter is out supposedly... | SSGV02::STROBEL | Sssh - new dad asleep | Wed Dec 18 1991 14:32 | 2 |
| DEC 51 1/4, change -5 1/4; DJIA 2891.10, change -11.18 at 12:00.
Report entered at Wed Dec 18 12:15:03 1991.
|
92.275 | Wish I could afford to buy the stuff... | SPICE::PECKAR | Shadow skiing the apocalypse | Wed Dec 18 1991 14:51 | 10 |
| RE: <<< Note 92.274 by SSGV02::STROBEL "Sssh - new dad asleep" >>>
> -< word of a bad quarter is out supposedly... >-
>
>DEC 51 1/4, change -5 1/4; DJIA 2891.10, change -11.18 at 12:00.
>Report entered at Wed Dec 18 12:15:03 1991.
I just bopped in here to enter the same note. This is a 10+% drop in value. :-(
Fog_who_is_opting_for_18%_interest_rates_rather_than_sell_his_Wicked_undervalued
_DEC_stock.
|
92.277 | Happy Holidays | CSLALL::HENDERSON | Don't go near that river | Wed Dec 18 1991 18:57 | 12 |
|
Our downsizing meeting indicated that about 120 people in the DSL (Digital
Services Logistics org) US wide will be downsized mid-late January.
Jim
|
92.278 | | LJOHUB::RILEY | You're twisting my air! | Wed Dec 18 1991 19:08 | 9 |
|
Also heard today:
DEC Stock Price (last I checked) down 5 and change to 51.5.
Unconfirmed, but my boss said he heard it was down 8 points or so.
That would put it in the 40's. :-(
Treemon
|
92.279 | mid-January is a popular time to downsize ... | BOOKS::BAILEYB | Let my inspiration flow ... | Wed Dec 18 1991 19:30 | 10 |
| >> Our downsizing meeting indicated that about 120 people in the
>> DSL (Digital Services Logistics org) US wide will be downsized
>> mid-late January.
Gee, what a coincidence. I'm planning to downsize myself right about
then ... of course, I'm gonna do it using Weight Watchers, or some
similar organization.
... Bobbb
|
92.280 | | COOKIE::FREIWALD | Teach Peace! | Wed Dec 18 1991 20:55 | 6 |
|
Slight diversion... ... Bobbb for that kind of downsizing Weight Watchers is
GREAT. No tricks, no quick fixes! They teach you how to eat right and it works.
When I was on the east coast I dumped 40 pounds with them.
:-Chuck
|
92.281 | | ZENDIA::FERGUSON | Guinness gives you strength | Thu Dec 19 1991 10:51 | 11 |
| re: Bad Quarter
If this bad quarter really happens, I would expect to see lots of heads rolling.
Remember, we took a huge (1 billion) hit last year for restructuring that is
supposed to occur _this_fiscal_year_ ...
re: losing weight.
Simple: exercise, don't over eat, and no in between meal snacks. oh, and don't
drink a lotta brew!
|
92.282 | I feel like digressing.... | LEDS::MRNGDU::YETTO | child of countless dreams | Thu Dec 19 1991 11:31 | 9 |
|
Weight watchers does teach you a valuable appreciation for the food which
goes in your mouth. At least a few of us here can attest to that!
Whether you need to loose or not I think everyone needs to understand
fod and nutritition the way WW teaches you. I've never felt or been so
healthy, and I think (I know!) it's more than just the lost extra pounds
that are responsible.
|
92.283 | | CLOSUS::BARNES | | Thu Dec 19 1991 14:04 | 1 |
| DRINK MORE BEER!
|
92.284 | Homebrew = Vitamin B (B is NOT for beer) | FSDEV::DHENRY | My resume is ready. Want .PS or .LN03? | Thu Dec 19 1991 14:19 | 3 |
| Yahbut not everyone has your metabolism rfb!
Don_who_is_a_homebrewer_but_had_to_cut_back_to_lose_those_extra_85_pounds
|
92.285 | jest do it | WFOV12::BUTZE | Quick beat of an icy heart... | Fri Dec 20 1991 12:31 | 5 |
| I am trying to looooz weight as weel and once used ww and they do teach
what to eat...and they are real reasonable.......I have also cut back
on beers (this is real tough)...but it helps.
rich
|
92.286 | some good press | TERAPN::PHYLLIS | through a dream night wind | Fri Jan 10 1992 13:54 | 87 |
|
[headers removed]
============================================================================
SUBJECT: DEC IS "READY FOR TAKE-OFF" - SCHULMAN...
SOURCE: Computergram via First! by INDIVIDUAL, Inc.
DATE: January 7, 1992
INDEX: [3]
----------------------------------------------------------------------------
Computergram via First! -- In a parting shot to 1991, UBS Securities vice-
president Marc Schulman has delivered himself of another opus, this one a
31-page treatise entitled "Digital Equipment: Ready for Take-Off" a fitting
follow-on to his original blockbuster "Microsoft and the New Order in the
Computer Industry" (CI No 1,737). Mr Schulman's position on DEC can be
summed up by his advice to investors: "Buy". Having probed DEC's psyche, he
concludes its "long nightmare is ending". In fact, by his reckoning, DEC's
earnings will jump from $3.10 a share in fiscal 1992 to June to $7.50 in
fiscal 1993, and assuming a flat equity market, believes that its share
price could appreciate to $90 by this time next year from around $50 now.
Now, remember, this is a forecast about a company currently sounding warning
bells about a serious operating loss on its second quarter, in a market not
exactly bullish on high-tech issues where other analysts are busy slashing
their forecasts on DEC. However, we will let Mr Schulman's piece speak for
itself as to whether DEC is a sound investment. What we are after are any
marketing nuggets he may have squirreled away: unsurprisingly, he
anticipates, for instance, that the Alpha chip will initially deliver 80 VAX
units of performance and 100 Specmarks - 2.5 times the performance of the
83MHz CMOS chip in the new VAX 6000 Model 600. "The first Alpha VAX," he
says, "will be a VAXstation that will be delivered in volume in the December
1992 quarter. Alpha VAX 4000s should be delivered in the following quarter.
They will be followed by Alpha VAX 6000s in the June, 1993 or September,
1993 quarter. The first Alpha VAX 9000s, which will have stronger input-
output capabilities than the Alpha 6000s, will be only 15% slower than the
fastest IBM mainframe in commerical applications and 70% faster in technical
applications. Furthermore, in commerical applications, the Alpha VAXes will
on average provide 18 and 23 times the price-performance of air-cooled
and water-cooled IBM ES/9000s respectively. In technical
applications, the price-performance advantages will be twice as large. So,
he concludes, unless IBM introduces some radically new technologies to
improve its performance, DEC will be positioned to take large chunks of its
business away. Having more or less wiped the floor with IBM, Mr Schulman
then turns his attention to the Advanced Computing Environment. He
attributes DEC's involvement in ACE to its expectation that the
proliferation of ACE boxes - and not just those it manufactures and sells
but everyone else's as well - will expand the marketplace for its high-
margin Network Application Support software. (Apparently both Mr Schulman
and DEC take it on faith that the ACE explosion will really happen). With
the world now equating the notion of open systems with interoperability
rather than Unix, Shulman claims, DEC has accidently fallen into Aladdin's
treasure trove since it's been developing software - Network Application
Support - that facilitates heterogeneous integration and the creation of
client-server applications for years now. According to Mr Schulman's count,
at the end of October more than 1,000 software companies, including Borland
International Inc, Lotus Development Corp and Computer Associates
International Inc, were delivering over 2,400 Network Application Support-
conformant programs. "As clients", he notes, "NAS already supports systems
running under every important operating system.
Better sense
In addition to its own VMS and Ultrix-based systems, personal computers
running MS-DOS, Windows and OS/2, Macintoshes and Sun Microsystems Inc
workstations can function as clients. At present, only VMS and Ultrix-based
RISC systems can function as servers. During 1992's second half, server
support will be extended to include machines - including ACE machines -
running the OSF/1 operating system. In 1993, server support will be expanded
to include ACE machines running Microsoft's Windows NT operating system, IBM
machines running AIX and Hewlett-Packard Co machines running HP-UX. At
unspecified dates beyond 1993, NAS will also support IBM machines running
MVS and Hewlett-Packard machines under MPE. At present, it is not planned to
support Sun machines as servers." This, Schulman argues, makes better sense
than what DEC's competitors are doing. Taking Sun and Silicon Graphics Inc
as models, he notes that DEC will be the only vendor selling NAS, while the
others are commoditising their product differentiation: Sun with Solaris and
Silicon Graphics with its graphics libraries. It is also not flirting with
self-impact, since within a year both Sun and Silicon Graphics will be
competing against high-performance personal computers equipped with software
that once distinguished their products. This position, coupled with its
relationship with Microsoft and its concomitant promise of vastly enlarging
DEC's grasp on the personal computer market, is supposed to turn the company
around and make it a Wall Street darling. - Maureen O'Gara
[01-07-92 at 15:12 EST, Copyright 1992, Apt Data Services., File:
g0107184.912]
|
92.287 | ...and some bad | NECSC::LEVY | Come on without...Come on within | Fri Jan 10 1992 14:23 | 88 |
| From: CSCMA::SOURCE::RAINVILLE
(intermediate headers removed)
I N T E R O F F I C E M E M O R A N D U M
Date: 06-Jan-1992 02:13pm EST
From: Mark Steinkrauss
STEINKRAUSS.MARK AT A1 AT CORA
@ CORE
Dept: Investor Relations
Tel No: 223-7182
TO: See Below
Subject: Adams, Harkness & Hill Research Report
Below please find research report done by one of our financial
analysts.
Patience wears thin with one of our long-timer supporters.
Adams, Harkness & Hill, Inc.
December 20, 1991
John Adams
DIGITAL EQUIPMENT
We Eat Our Hat
Just over a year ago, with the stock at $56, we put DEC back on our
Buy List. The trigger was the closing of an Arizona plant, an act
which appeared to foreshadow a more general cost-cutting program.
The Company did get more aggressive on that front. It also
reorganized into business units, improved asset turns and brought to
market an impressive assortment of world class technology. Today, in
our opinion, DEC has everything that it needs to be enormously
successful -- everything except speed of response. Whether it is
because the payroll contains too many people or because the
organization remains incredibly complex, the simple truth is that
decisions at DEC are a long time in the making -- too long given a
world and an industry that are changing ever more rapidly.
Living in an area where we are surrounded with DEC employees, DEC
suppliers and DEC customers, we have been deaf to their complaints.
As an analyst, we have chosen to ignore their cries of anguish in
favor of a brilliant balance sheet, highly profitable service
activities and millions of lines of skillfully crafted software. We
were wrong. A company's assets are meaningless unless it is
responsive to its constituencies. An analyst must listen as well as
look. We did only half the job.
The market is well aware of DEC's faults and perhaps less aware of
DEC's virtues. Thus, it could be argued that a stock price of $50 is
cheap, which indeed it is. However, a year ago, we were anticipating
a change in management's approach. Now, we see that the changes have
been insufficient and that much more change is required. We do not
foresee such dramatic changes and therefore must conclude that the
stock is efficiently priced. After 54 hard fought weeks, we are
removing the stock from our Buy List.
Distribution:
Win Hindle ( HINDLE.WIN AT A1 AT CORA @ CORE )
GEOFF SACKMAN @MLO
BRUCE J RYAN @CORE
AL MULLIN @CORE
ILENE JACOBS @CORE
DICK FISHBURN @CORE
GEORGE CHAMBERLAIN @CORE
Bill Strecker ( STRECKER.BILL AT A1 AT CORA @ CORE )
Jack Smith ( SMITH.JACK AT A1 AT CORA @ CORE )
John Sims ( SIMS.JOHN AT A1 AT CORA @ CORE )
Ken Senior @ CORE ( SENIOR.KEN AT A1 AT CORA @ CORE )
Ken Olsen ( OLSEN.KEN AT A1 AT CORA @ CORE )
Bill Johnson ( JOHNSON.BILL AT A1 AT CORA @ CORE )
Martin Hoffmann @CORE ( HOFFMANN.MARTIN AT A1 AT CORA @ CORE )
Win Hindle ( HINDLE.WIN AT A1 AT CORA @ CORE )
|
92.289 | mod action happenin... | ROULET::DWEST | Dont Overlook Something Extraordinary | Fri Jan 10 1992 15:32 | 4 |
|
92.288 is set hidde pending moderator discussion....
da ve
|
92.290 | .288 deleted | NECSC::LEVY | Come on without...Come on within | Fri Jan 10 1992 16:06 | 8 |
| I deleted .288.
The memo was clearly marked RESTRICTED DISTRIBUTION.
Regardless of the fact that it was circulated, it is still against company
policy to further disseminate RESTRICTED DISTRIBUTION materials.
~dave
|
92.292 | | ZENDIA::FERGUSON | Guinness gives you strength | Tue Jan 14 1992 14:34 | 11 |
| re <<< Note 92.291 by XCUSME::MACINTYRE >>>
-< I'm dying >-
> I know the mods have to follow the rules but it always bugs me when a
> note is deleted *before* I get to read it. Now I'm going to be stuck
> wondering what the heck it was about and lose many hours of sleep.
That be the breaks mon. I happens to all of us! I missed it too, but, I
think I know what memo they are talking about.
:-)
|
92.294 | A good example on how DEC fails in customers eye. | SPOCK::IRONS | | Thu Jan 16 1992 16:16 | 212 |
| Well, here's another. Hopefully the Mod Squad won't chop it! :^)
dave
From: FSOA::FSOA::KUPFERBERG "16-Jan-1992 1405" 16-JAN-1992 14:08:38.50
To: @SCFE,@TNT,MTS$::"Core::Don Resnick"
CC: KUPFERBERG
Subj: Cabledata Loss; Lessons Learned
Interesting information here.
Karen
:j
From: MR2MRG::MR2MRG::MRGATE::"MROMTS::GRANIT::TIGEMS::A1::FARQUHAR.BOB" 7-JAN-1992 12:01:46.00
To: GBMMKT::OKEEFE,FSOA::KUPFERBERG
CC:
Subj: CABLEDATA LOSS; LESSONS LEARNED 1
From: NAME: BOB FARQUHAR
FUNC: Media IBU
TEL: 264-0549 <FARQUHAR.BOB AT A1 at TIGEMS at MKO>
To: See Below
Digital recently lost an important piece of business with a company
called CableData.
A review of the loss of this business points up internal obstacles that
must be overcome in the future if we are to be a viable competitor.
Every situation is a little different. This opportunity was no
exception. The Media IBU took the lead because CableData needed
support at its U.S. headquarters but the business itself was to be
booked in Europe.
The biggest lesson learned:
As long as our company is organized as it is, numerous internal details
must be worked -- before, during and after the sale. But this churning
should be invisible to the customer. And, insofar as it is possible,
we should learn as a company how to eliminate such churning in the
future.
The purpose of this memo is to raise awareness so that we don't fall
into these kinds of traps again; it is not to be critical of any one
person or organization. The Media IBU, which I run, took the lead.
Thus, if any one person is to blame, I am that person.
Please read and learn from the attached.
Regards,
BobF
/dl
Author: BOB FARQUHAR
Date: 06-Jan-1992
Posted-date: 07-Jan-1992
Subject: lessons learned
CableData: Lessons Learned
Environment : CableData worldwide headquarters is in Sacramento, Ca. It
is the leader (55% mkt share) in Cable TV billing in the U.S., with
revenues of $136M. All development and decision making for its
international business happens there. There also is a sales and support
center in Leeds, England.
Opportunity : CableData International has a proprietary product, called
Quickdata that will be replaced with a "standard platform". Tandem, DEC
and IBM are the suggested choices. CableData defines international as
everything except North America. Most of CableData's current interna-
tional customers are in Europe. (54 customers)
Potential exists for picking up North American CableData business if
successful in the international arena. CableData uses Tandem ($20-25M
per year) for its North American business.
CableData Needs : Want DEC to help port product and provide money for
CableData to internationalize its domestic Tandem DDP product.
They need local Sacramento technical support for Risc/Unix, training,
learning DEC products and help porting from Tandem platform to DEC and
then they will internationalize.
DEC marketing & sales support required primarily in Europe. The level
of DEC support will vary from country to country. With some countries
that CableData has not targeted, DEC would provide full hardware/
software and application support. DEC technical support and process
information would be required in Sacramento.
DEC Problems:
1. When plans were presented in Q1 much of the feedback was, "This is
not FY92 business." Strong push to focus investments only on FY92
returns.
2. New Management Style directs investment of $1.5M to come from
multiple PCU's, and multiple countries in Europe and GIA. Too
complex, no one had money in budget but all the groups support
plan.
3. Investment was proposed as an advanced royalty, but required a
guarantee. Real internal focus was only on the numbers - no
realization of leader in market, $136M strong company, strategy,
etc.
4. No certs in California - therefore no support in Ca., luke warm
support in Europe. No one has budget to support, but did have
agreement of 10% of UK person's time. Again not FY92 revenue,
CableData was not in plan. Having a single contact for DEC Europe
sales was a problem since the UK sales person only gets credit for
UK country sales.
5. Even with Media Marketing coordinating the investment and providing
initial sales effort, measurements kept local sales from supporting
since NO US business. It IS completely out of the question that the
local team would have funded the $1.5M investment - had they found
the opportunity on their own.
6. CableData also had internal MIS opportunities; supposedly, this
goes to enduser rep with the OEM opportunity covered by volume rep.
Having multiple sales channels confused CableData.
7. The DEC internal problems were well hidden from CableData at this
point. It verbally selected DEC in September and we began contract
discussions. When the issue of "guarantee" became a deal breaker,
we took too long to solve. CableData, sensing a problem, started
dealing with IBM. Once IBM got in the door, it was all down hill
for DEC.
Lesson 1: Sales measurements drive behavior. Exception to that is
that Peter Martin got two reps from the Sacramento office help on
CableData even though their direction was: Don't spend any time on the
account. Since it wasn't FY92 revenue, no one wanted to work on it.
Since it wasn't US business, no one wanted to touch it. It appears that
DEC only knows how to do worldwide account business when there is
established revenue at the account headquarters.
Lesson 2: Different goals for internal groups. Finance wants
maximum profit, low risk, high return. Legal wants all possible things
that can go wrong covered, etc. These groups ARE NOT measured on
getting business. Only a few have creative work arounds. The key is
to use the groups as advisors - not a final approval.
Lesson 3: Everything takes longer than it should. Senior
management is booked so far in advance you can't use them effectively
in sales situations or decision making. One meeting with a senior DEC
manager was rescheduled so many times that the person is no longer in
his same job, and we have lost the business.
Lesson 4: No single decision point. The management by consensus
style is not very impressive when a customer's senior manager wants to
make a deal. Customers want to deal with one person who can represent
DEC and make a decision. (Only if everything is standard can that
person be the sales rep)
Lesson 5: We have product stovepipes. We gave PIDs for both
VAX/VMS/ Posix and Risc/Unix/Ace. CableData showed interest in both,
but could not find one technical person who knew both strategies well
enough that could present an unbiased view. CableData finally chose
Risc/Unix, but it was somewhat painful.
Digital did a good job persuading CableData to leave Tandem, their
supplier for 13+ years. Unfortunately IBM capitalized on our success
and then our internal difficulties.
For IBM the local branch manager is senior and empowered to make all
the decisions. He met with CableData, committed verbally to the deal
on Monday and had it in writing on Friday. This is the "New IBM" -
CableData's perception is he calls all the shots and has full worldwide
IBM resources available to him.
This was the key item that swung the deal to IBM.
To Distribution List:
DUNCAN ANDERSON @PKO,
PHIL AUBERG @TTB,
SHAI BEILIS @ISO,
BOB COHEN @MKO,
ANN KILLILEA @MRO,
SHEILA FEATHERSTONE @IME,
JUDY GOODWIN @NYO,
JEAN GARD @MKO,
REBECCA HAWKINS @MSO,
PER-OLOF LOOF @IME,
REGIS KAUFMAN @ZKO,
CAROL MORRISON @IME,
JOHN MUFICH @SSO,
CHI POTTER @MKO,
BOB PIERCE @MKO,
DAVID STROLL @IME,
JOHN OKEEFE @UPO,
MIKE MCSWEENEY @WRO,
CAMERON HAWLEY @WRO,
KAREN WHITE @LDO,
MIKE DAIGLE @SSO,
CINDY EDWARDS @SSO,
JONAL NILSSON @SOO,
BILL STEUL @CORE,
KAREN KUPFERBERG @MRO,
JOHN DOHERTY @MLO,
DAVID STROLL @IME,
BOB HUGHES @MKO
|
92.295 | Purge more managers. | ZENDIA::FERGUSON | Guinness gives you strength | Thu Jan 16 1992 20:52 | 17 |
| Well, I know that when we went through the product planning stage
for the project I'm leading, it took over 4 months! There were so many
people that wanted to have their hands in the kitchen that decisions had to
be made in long, boring meetings. Then, trying to schedule a meeting at a
time when everyone could make it was another headache. Then, sending email
out and being told to wait for so-and-so to respond took another month.
When all was said and done, we came up with a list of things to do
and 3 MONTHS to implement them. Of the list of things we are doing, on day
1 I could have personally picked 85% of them, probably 99.9% of the most
important items. It was a very slow, painful, and frustrating process for me
and my entire team of engineers. I can't you how many times the engineers
asked me, "So, when are we going to start?"
I'm going to lobby very hard to make this a quick, and easy process
for the next version ... DEC has got to abandon this decision by concensus
shit and get to work on the real stuff.
|
92.296 | People need to show some b*lls | TLE::WEISS | No way I'll crash, this is a *BEER* truck! | Fri Jan 17 1992 11:48 | 22 |
| > I'm going to lobby very hard to make this a quick, and easy process
> for the next version ... DEC has got to abandon this decision by concensus
> shit and get to work on the real stuff.
Accountability, accountability, accountability!
I think one of the biggest problems is that too many people are afraid of making
the wrong decision. Each person in this company needs to be able to make a
decision. And, yes, periodically, you will make the wrong one. Bummer. Shit
Happens. When you make the wrong one, you should hold yourself (and be held)
accountable. It's quite simple..."Well, I made that decision, it was wrong.
Now, I'm going to go
and fix what I screwed up." If a person continually makes the wrong decision,
then, give them 'das-work-boot'...No one can be expected to make the right
decision all the time. The idea is you have to make the right choice more often
than you make the wrong one.
That how you make money as a company.
Dave
(just don't hold me accountable for this note... :-) )
|
92.297 | Too bad. | SMURF::GRADY | tim grady @ZKO3-3/U14 | Fri Jan 17 1992 12:58 | 29 |
| > <<< Note 92.294 by SPOCK::IRONS >>>
> -< A good example on how DEC fails in customers eye. >-
I think this is a wonderful post mortem analysis. One interesting
point that comes to mind, having just left the field and seen lots of
similar circumstances, is that memos like this are such a rarity.
It is a major point that the author, for obvious reasons, left out. We
don't do post-mortems of lost sales. Field Sales is too scared to face
the political ramifications, particularly because Field Sales is itself
incredibly political. Most lost sales seem to generate this overwhelming
case of denial, as if to imply that if we ignore that screw up, it will
go away and we won't have to deal with it anymore. Really.
Sounds like Marketing took a lot of blame for it, but the field unit
probably should have tried harder to control the account - get Certs
booked in Sacramento and control the deliverables/support/service
worldwide from there. I agree with the author completely - we don't
handle these situations well, and somebody has to take charge and push
the process to completion. That takes ENORMOUS political influence
that few people outside of New England can wield.
It's a sad story, especially in light of the numbers announced
yesterday. "Not FY92 business" is a very irritating field attitude,
and this is a wonderful example of why that's true. Middle management
metrics ENCOURAGE that attitude - that's where I saw it coming from.
tim
|
92.299 | | TERAPN::PHYLLIS | through a dream night wind | Fri Jan 17 1992 13:50 | 8 |
|
FWIW.. All of the large accounts I've been involved with have always
done loss reports for any large projects with cross-team,
cross-functional involvement.
It's absolutely a necessary part of the process. If we're not learning
from our mistakes, then what's the point?
|
92.300 | not down south... | SMURF::GRADY | tim grady @ZKO3-3/U14 | Fri Jan 17 1992 13:53 | 11 |
| Phyllis,
I think you're doing things right in NYC, then. I spent six years in
Florida Sales Support working first with new business (ISST), then
Major Accounts (GTE, Cellular One, etc) and I never once saw a decent
post mortem. Maybe they just didn't invite me. ;-)
I saw a lot of finger pointing, but nothing constructive.
tim
|
92.301 | | SMURF::GRADY | tim grady @ZKO3-3/U14 | Fri Jan 17 1992 14:02 | 10 |
| I should probably amend my last comment in .300 with a qualification.
On the few occasions when a major loss was reviewed, it was always
informal, local to the district/office (i.e. showed no signs of giving
constructive feedback to upper management or corporate), and basically
never seemed to amount to any constructive change.
Maybe things are different elsewhere.
tim
|
92.302 | you were not part of it... can't make an evaluation | ZENDIA::FERGUSON | Guinness gives you strength | Fri Jan 17 1992 14:14 | 21 |
| re <<< Note 92.298 by XCUSME::MACINTYRE >>>
-< Purge deadweight/Manager or not >-
> John, your note points out a couple of problems, not just the issue
> of excessive review. Part of the problem is the way you and your team
> handled the situation. Everyone seems to agree that part of Digital's
> problem is an unwillingness to make decisions.
Marv, it is impossible for you to evaluate the process we took by reading my
short note.
My hands were tied bud. The engineers on my team do not work for me, they
work for my manager. I'm only the technical director. If my manager says
for all of us to do X, we do it... otherwise, we don't get a raise for 24
months. If these people actually worked for me, you can bet your money that
I would have had them working on stuff I anticipated, no question.
Another problem: my team was 3 engineers (now it is 7) ... we were up against
about 15 non-engineers during this progress...
JC, not john
|
92.303 | | SPICE::PECKAR | Shadow skiing the apocalypse | Fri Jan 17 1992 15:06 | 67 |
| Here's some releavent wisdom to this line of thought...
From: MPGS::MPGS::LEE "Ed Lee, 237-3394 17-Jan-1992 1227" 17-JAN-1992 12:35:29.30
To: @ALLSTO
CC: LEE
Subj: Some good messages...abstracted from the longer note. FYA
================================================================================
Note 1723.0 An Unlearning Curve for Digital 3 replies
SHIRE::GOLDBLATT 107 lines 16-JAN-1992 03:11
--------------------------------------------------------------------------------
The following was published in the Digital UK employees newsletter
"Connect".
The attitudes and practices which made us so successful in the
past are not necessarily the ones which make for success in the
present and future.
The success of the new entrepreneurial approach depends on a
massive and unprecedented shift in approach and attitudes.
o Unlearn the waffle, the woolly thinking and incomprehensible
DECspeak which still characterises too many memos and
pronouncements. Learn the need to develop a Vision which is
expressed with elegant simplicity and incisive clarity, for
success is about both hearts and minds.
o Unlearn the process management which propelled Digital in the
past and learn about the imperatives of the entrepreneurial
world in which we live - delight customers, increase sales,
create profits.
o Unlearn management by committee and endless discussion. Learn
success is about leadership and trust - not about what is
taught at business school. As Ken Olsen remarked recently we
can't run a business as a university. Personally, I would
like to see all our managers and entrepreneurs trained in
Action Centred Leadership.
o Unlearn bureaucracy, complexity and models and learn the great
value of simplicity, simplicity and simplicity. No more
multi-page job plan reviews - how about one page job
descriptions for everyone? Even better, why not one line job
descriptions? Can't be done? Winston Churchill did when he
wrote to Lord Alexander and told him: "Your job is to drive
the enemy out of North Africa."
o Unlearn to judge people by how they behave and instead learn
to judge and reward them by what they achieve. The old
process management thinking, which still persists, seemed more
concerned with how people did something, rather than what they
achieved for Digital. Learn that achievement - provided it is
open, co-operative, honest and not excessively self-seeking -
is what success is really about.
o Unlearn that selling is not telling customers what they should
do. In the name of "professionalism" we still treat customers
as cave dwellers. We still sit them in a room, switch off the
lights and bombard them with 35 mm slide presentations
prepared at enormous expense. Instead we need to learn how to
listen to customers to understand what their problems,
concerns and needs are and how we can help them. Learn that a
customer should be a friend for life. Can we honestly say
that is true of most Digital customers?
|
92.305 | | CSLALL::HENDERSON | Got some things to talk about | Fri Jan 17 1992 16:12 | 17 |
|
Here's something that irritates the h*ll outta me..I just received a memo
regarding appointments of some new Vice Presidents (which is interesting in
and of itself). The memo is issued under the name of a VP with the introduc-
tion line "....bla bla Engineering Vice President appointment's"...now I ain't
no Engish major, and maybe this ain't no bfd, but shouldn't somebody who is
a VP know there is an apostrophe doesn't belong in "appointments"?
Geesh...minor complaint I know, but, well, that's the kinda day I'm having.
Jim
|
92.306 | /school of project managlement | STAR::SALKEWICZ | It missed... therefore, I am | Fri Jan 17 1992 17:17 | 33 |
| Yo JC
You can fight to change the system if you think it will make a
difference next time around,.. perhaps buring many hours in many boring
meetings convincing many even more boring people that they ought to
get the @#$%^&* out of the way,.... and then perhaps if you're lucky
you'll actually convince one or two,.. buit it would take anb act of
God to change everyones mind,....
******** OR *************
You could just do what your gut is telling you,.. which is what I
have taken to doing myslef around here,.. namely.. "Just Do it".
Let the product prevention commitees hold their meetings to decide
that the proper theng to do is what you're already doing in the lab.
Let them come to you two months later with "ideas",. at which point
you can smile and say,.."Yeah,, we low paid ffeble minded dweebs
already had that idea,.. and oh by the way,.. woudl you liek to see
the running prototype" Often times I can get an entire project done
before the product prevention commitee reaches that point. And if
I did the wrong thing,.. oh well. I have probably learned from my
mistakes and will implement what the product prevention commitee wants
faster now because at least I'v gotten my feet wet. But I have a pretty
good record with this approach so far,..3 for 3 :-)
When things are clear to you technically,.. go for it. The others
will catch up later and you may even impress your manager (or you
may scaer the begeezes out of him/her). Either way,.. progress is made.
/
|
92.307 | IBM numbers? | CIVIC::ROBERTS | when there were no songs to sing... | Fri Jan 17 1992 17:25 | 7 |
|
anyone hear if IBM released their numbers yet today? They announced
this a.m. that they would release them today. Predictions were for
a fair sized loss. Probably waiting for the market to close so they
don't throw the world into a seizure.
carol
|
92.309 | Oh tell me DEC's problems... | LJOHUB::RILEY | Without a slip of the toungue... | Fri Jan 17 1992 18:03 | 50 |
|
-.2 FLAME ALERT
You're right /. You know EVERYTHING that managers in DEC do is a
waste. As a matter of fact, why don't we just can everyone EXCEPT for
engineers, because they already know ALL of the right answers...
All of those meetings are a complete waste of time, and every committee
is really aimed at preventing knew products from ever shipping because
after all, who would really want DEC to become successful?
This whole conversation reeks of universal condemnation of
non-engineers. My contention is that maybe... JUST MAYBE there is a
reason for us non-engineers. Let's take my work for example...
Engineer's role: Develop a license management system that consists of
data license keys that contain license attributes that populate a
license database. Software products can then call this database and
check for the appropriate license key.
Manager's role: Interface with order admin. and PAK fulfillment
systems group to explain why they should spend 1/2 of their yearly
budget changing a system they never wanted in the first place. Align
with a partner who needs to be able to provide 500 unspecified hardware
platforms before year end at less than $2000/unit. (Why is it
unspecified? BECAUSE THE ARCHITECT'S HAVE YET TO FINALIZE THE DAMN
DESIGN!) Nearest possible partner's initial price comes in at four
times your price point.
I should really stop here though, it's just a non productive waste of
energy... MY POINT is that all of you arm-chair manager's out there
that have ALL of DEC's problems solved, and who just KNOW that
management in general is useless have a tainted view of reality, and
I'm sick of hearing it.
Granted there ARE useless people in and around the company, but there
is JUST as much waste in engineering as there is in management, and if
you disagree, why don't you consider our unrealized potential for
reusable code, and when you're done there, don't stop, because then you
can look at inefficiencies in engineering international products, and
scarcity of TQM oriented design and development approaches... and so
on... and so on... and so on.
$SET TREEMON/FLAMETHROWER=off
phew...
Treemon
|
92.310 | :^) :^) :^)'s from a non-engineer who sees lot's of different problems too... | ESKIMO::DWEST | Dont Overlook Something Extraordinary | Fri Jan 17 1992 18:12 | 6 |
|
hey now Tree...
wanna rub noses???? :^)
da ve
|
92.311 | another vote - just do it! | IMTDEV::INGALLS | Wish I was a Nomad, Indian or St. | Fri Jan 17 1992 18:21 | 36 |
| re: project mgt at Digital...
A lot of the "just do it" capability of a project leader depends on your
manager.
JC, did you approach your manager about moving on with the project
while these decisions were being made??
The reason I ask, is because I'm now in the Functional Design and developing a
prototype for a piece of software that we're still waiting for Opportunity
Evaluation approval from the Steering Committee (which is still hasn't
appointed a Field rep). I was able to convince my manager that moving ahead
was the correct thing to do, and together we notified the members of the
Steering Committee that we considered waiting a two weeks for a decision was
reasonable, and having not heard back from them we were moving ahead with the
project with the understanding that we would incorporate whatever input the
have once their decision had been made. It's almost two months later, I'm
constructing a prototype, and we still need OE approval. Yeah, it's a risk, but
I think it's worth it. They come back and not approve the OE, and request that
we purchase an outside solution, but by that time it will be real easy to
justify in terms of cost and time the advantages to finishing the project vs.
going outside.
I'm lucky here because of the rapport I have with my manager and because of the
degree to which this project is "predictable" (i.e. Having consulted with a
couple of members of the steering committee, I'm 90% sure of the direction that
will be recommended)..
Anyways, I agree with the sentiments here, ride the political decision making
process, but don't let it keep you from accomplishing things. If you have a
good manager, then when the facts are layed out and the general indication is
that the project will be approved, that person will also support you in
moving ahead of the decision making process.
Glenn
|
92.312 | | LJOHUB::RILEY | Without a slip of the toungue... | Fri Jan 17 1992 18:30 | 17 |
|
Da ve
:^) :v) :^)
Consider it done! Every once in a while, the tea kettle likes to let
out the steam, not directed at anyone in particular, just because the
water's very hot...
Thanks...
Treemon 8^)
|
92.313 | Ramblings | FULTON::WENTZELL | Elvis is my roommate | Fri Jan 17 1992 18:37 | 26 |
| I probobly shouldn't do this, but to continue Treemon's digression...
I had a conversation with an engineer turned sales rep in Silcon Valley - he
sells DEC's engineering framework product to engineers. He still considers
himself an engineer first, sales rep second. Anyway, he said the first thing
engineers who buy computers do is open the box to see how it was built. He
said one of the reasons Sun is killing our workstation business is because
the guts of a Sun show a nice, cleanly engineered product. The guts of a
DECstation show a mess of ECO wires and what not and although the product may
work fine, it is "obvious" that the Sun box is the product of more effcient
engineering.
I'm just typing this in the show that at least some of our customers percieve
DEC as weak in product engineering and that we all (engineering, manufacturing,
marketing, sales, etc.) have to work together to improve DEC's position,
thereby allowing us all to breath easier in regard to our job security. I have
seen sales groups refuse to work with their supporting marketings groups. I
have seen engineering groups work on products without considering customer
needs. I have seen marketing groups trying to force-feed "fluff" to anyone who
will listen. And I've only been here less than 3 years. Kind of disheartening
at times. To me these are symptoms of some larger problem within this company,
although I can't put my finger on what that problem is. I wish I had some
experiece within some other large company to know if this is unique to DEC or
common to large companies in general.
Scott
|
92.314 | confucious say, Tree who flames may singe his own leaves | STAR::SALKEWICZ | It missed... therefore, I am | Fri Jan 17 1992 18:57 | 20 |
| Yo Treemon!
I wasn't picking on managers only. It is not a pre-requisite
that you be a manger to get on the product prevention comittee
(but it does help,.. Ooooh,.. I gotta stop that before I raise
the Treemons' ire again :-)
In fact ,.. not once did I mention the word manager in my reply
except at the end where I said they might be impressed,.. hardly a
condemnation.
But,.. knowing the Treemon,.. and having gone around and around
this discussion at least a dozen times in the past,.. suffice it
to say that the problems at DEC are bigger than bothe of us (and have
you seen the size of that tree?)
/ready_with_a_fresh_colony-
_of_termites_should_I_be
_flamed again_:-)
|
92.315 | | ZENDIA::FERGUSON | Guinness gives you strength | Sat Jan 18 1992 17:18 | 36 |
| re: Marv and someone else who asked me if I did anything about it
Well, being a lowly Software Engineer II, this has been my first shot at
project leadership. So far, I've learned a lot, and I'm slowly learning
where my "bounds" are around this place. Next time around, if I'm still
around, things will be done differently, you can bank on that, otherwise,
DEC may lose yet another engineer.
BUT...
YOU DON'T HAVE TO BE A PROJECT LEADER TO KNOW THE SYSTEM IS LAME. And, you
don't need a lot of experience either! Did I do something? Yup. I wrote
a 7 page or so paper after I came back from Ireland that pointed out lots
of problems with the system and suggestions on how to improve the process.
I sent that to my manager. Dead end. My coleagues here sympathize with me,
but none appear to help my plight.
My product is a bit different than 'normal' products in this company. The
corporation says that every VMS system that digital owns is going to run
my product (decinspect). Since the internal people have a HUGE part in
making this happen, they (the internal people) want to have all sorts of
things engineered into the product for their bettermint. Personally, I wish
I didn't have to deal with any of those people at all. They often forget
that they bring in ZERO revenue - they spend revenue! It is the external
customers who bring in the money, yet, it seems like we cater to the internal
needs before the customer needs. Does the internal groups fund us? Nope.
One has to balance their personal career priorities with that of trying to
fix the system. I'm not going to piss anyone off real bad right now because
I want a promotion! Since I ain't the one who gives promotions out, I have
to play to the person who does... and if that means doing things ways I
don't care for, I'm gonna do 'em that way...
> Buddies?
No problems here Marv...
|
92.317 | | ZENDIA::FERGUSON | Guinness gives you strength | Mon Jan 20 1992 15:13 | 4 |
| > My IBM figures were incorrect. They were way low. I believe that
> the true numbers are more like a $2.8B loss for the quarter.
Doesn't that figure include a $3.0B restructuring charge?
|
92.318 | | WFOV11::BUTZE | Quick beat of an icy heart... | Mon Jan 20 1992 16:17 | 6 |
| That number was not for the quarter but the year..and the restructuring
cost were part of that...
30,000 layoffs as well.....quitely
rich
|
92.319 | tick tick tick | NECSC::LEVY | 57 channels & nothing's on | Wed Jan 22 1992 10:36 | 20 |
| Well, the axe will fall for Digital Services on Monday, January 27.
This is the first time that the CSCs will have to participate and let
folks from the technical ranks go.
Needless to say, the atmosphere is grim.
Selection criteria (in order of consideration):
- Job is going away
- Performance
- Length of service
Folks who are notified on Monday will leave the company on Friday.
(On the radio right now from WERS - Bob Dylan singin' "Goin' where the
chilly winds don't blow")
Wonder what my job will look like on Monday...
~dave
|
92.320 | | WFOV12::BUTZE | Quick beat of an icy heart... | Wed Jan 22 1992 12:41 | 5 |
| This is going to happen in WFO within the next couple of weeks...
ditto on job concerns...leaves no time to look within ..quess thats
what they want...
rich
|
92.321 | | CLOSUS::BARNES | | Wed Jan 22 1992 13:22 | 3 |
| have heard of this coming for a couple of months...good luck to all
rfb
|
92.323 | I hope they can lead in a positive direction... | MR4DEC::WENTZELL | Elvis is my roommate | Mon Jan 27 1992 13:49 | 6 |
| In the this weeks edition of Digital Today, on page 7 is a listing of 20,
that's TWENTY!! newly named VPs. It seems amazing to me that we are laying off
thousands and still naming so many VPs (with nice raises, I'd bet). Nothing
against the individuals named, but it just seems, well, contradictory.
Scott
|
92.324 | | CSLALL::HENDERSON | Lets disconnect these cables | Mon Jan 27 1992 16:13 | 13 |
|
Just got through delivering "the message" to 2 people in my group. 56 people
total in this building. :^(
Jim
|
92.325 | It has to hurt for everyone | ZENDIA::FERGUSON | Guinness gives you strength | Mon Jan 27 1992 23:50 | 6 |
|
That is sad Jim.
I would not want your job right now.
Very sad...
|
92.326 | OOOCH! | SALEM::BURNS | TAMALPAIS CHIEFS | Tue Jan 28 1992 15:09 | 12 |
| Sad indeed :^( I've a mixed bunch of feelings right now.
Releief that I wasn't 'picked', sad for those who were :^(
Sad as well for the supe who they had tappin sholders,
by the end of the day you could tell it hurt her too :^(
Hope we can turn a dollar sometime soon so's that we could
avoid this painfull process.
To be in a layoff sucks! This is a first for me and I hope
it's the last.
peace,Andy
|
92.327 | | WFOV11::BUTZE | Quick beat of an icy heart... | Tue Jan 28 1992 15:33 | 28 |
| Yep it is sad indeed.....I came to Digital about 4.5 years ago and
was excited because of the "stability"...I was in a facility that
was shipping 1billion plus in systems..we improved quality,shipping
performance etc etc etc...then we restructured ..no systems mfg,no
pc board mfg..just enclosures..we are supposed to be the World Wide
source for Digital enclosures..but we still have to prove ourselves
in cost,quality,new product introduction etc. We have been through two
downsizings, our plant has gone from 1300 to 600 and we are looking
at another. I have had 6 different managers since I've been here,
3 different job titles and endless other "tasks" trying to be to
good corporate citizen..doing what the company/business has asked..
now I am faced with another downsizing looming over my shoulder
and as I have dodged the ones in the past..this could be my turn.
I have been layed off before in other companies and have always
landed better opportunities. As much as I hate this whole
scenario it has become a fact of life...and right now I wish
it would just get over and done with..if it is going to happen..
I am trying to stay in DEC but as most of you know trying
to get a job in DEC in a short time is near impossible....yep
it sure does suck and I hope everyone dodges the bullet.
rich...just venting
fwiw...If I do get it this time I'm gonna look into trying
to own/open a brew-pup...so if anyone has any information
regarding micro-breweries etc or know where some are
(besides commonwealth and northhampton) I would appreciate
the info.
thanks for listening
|
92.328 | | ZENDIA::FERGUSON | Guinness gives you strength | Tue Jan 28 1992 16:46 | 18 |
| re <<< Note 92.327 by WFOV11::BUTZE "Quick beat of an icy heart..." >>>
> rich...just venting
> fwiw...If I do get it this time I'm gonna look into trying
> to own/open a brew-pup...so if anyone has any information
If you take this route, you'll probably need a bit of money to get started
plus a business plan.
There is an organization of retired business men in Massachusetts that might
be able to help you (free help, I think) on how to go about what you want to
do.
Sorry I don't have more specifics.
Hopefully, you won't be 'forced' into doing this.
JCmon
|
92.329 | | WFOV11::BUTZE | Quick beat of an icy heart... | Tue Jan 28 1992 17:25 | 6 |
| Thanks JC....I have heard about the business men thing ..don't know
where I'll find em..but. I have already talked to another retired
business man (my dad) and asked him to start poking around ..since
he's not real busy and he has always wanted to open a business.
rich
|
92.330 | SBSB | JUNCO::DWEST | Dont Overlook Something Extraordinary | Tue Jan 28 1992 19:04 | 6 |
| you might want to try the Small Business Service Bureau in Worcester...
they are there to help people who want to start, or are already in,
thier own businesses... i believe they will even help with business
plans, finding capital, etc...
da ve
|
92.331 | a few brewpub contacts | TLE::ABBOT | J. R. "Bob" Dobbs in 92 | Tue Jan 28 1992 20:23 | 21 |
| The American Homebrewers Association has many books about getting
started in the brewpub business. If you want their catalog I can make
copies of their latest - they have prices for members and non-members.
Also, you can pick up the latest Zymurgy at a homebrew store and get
their catalog inside it.
There's been some discussion on the net about starting a brewpub -
rought estimate is you'll need $500,000 to $1M to finance a decent pub
(like Northampton or Portsmouth). You'll probably need a full time
accountant since the govt needs every single grain accounted for. Also
believe a commercial brew/liquor license goes for $25,000.
However, come up with a good business plan and a good location and you
should be able to get funding. Also check out Catamount Brewery - they
told me that they have an apprecticeship program, you send them a
letter with your business plan and you can be an apprentice brewer at
their brewery for a few months. They got the guy at the new
Brattleboro brewpub going with this program.
Scott
|
92.332 | | RGB::SHERRED | | Tue Jan 28 1992 20:35 | 1 |
| There's also the Cambridge Brewery near Kendall Square in Cambridge,MA.
|
92.333 | I'll buy your first beer, rich! | SPICE::PECKAR | Shadow skiing the apocalypse | Tue Jan 28 1992 21:51 | 14 |
|
rich,
WFO has definitely gotten the kaka-encrusted end of the Digital stick. Hell,
all manufacturing in this company has been treated pretty poorly. It seems to
be the only place left in DEC where there is centralized control (therefore
stoopid, IBM-like decision making). When I was hired, there were 5 layers of
managment between me and the plant manager, who was at least 10 layers below
KO; bet a buck the guys out there stamping metal are still 15 layers below
Ken. Its a simular story in SPO, where Ger might loose his job regardless of
his perfomance, contributions, and more importanly, job necessity. Sometimes
I very unproud to werk for a company with such polar values on how to treat
people across functions.
|
92.334 | | WFOV11::BUTZE | Quick beat of an icy heart... | Wed Jan 29 1992 13:55 | 6 |
| Thanx for all the support and info...Scott where is there a home brew
store in the Southern NH area??
thanks again one n all...
rich
|
92.335 | | TLE::ABBOT | J. R. "Bob" Dobbs in 92 | Wed Jan 29 1992 14:38 | 14 |
| Round here there's 3 homebrew suppliers that I know of:
Jasper's in Litchfield
Clear Brew in Londonderry
Aubut's in Tewksbury (I think)
Check the yellow pages under beer making or brewing supplies.
The Barnes& Noble store in Nashua doesn't stock Zymurgy, but they have
some other magazine that's geared towards the small commercial brewer.
Why they have this magazine I don't know, I think there'd be a bigger
market for a homebrew magazine, but it may be useful too.
Scott
|
92.336 | FYI - Digital recognized... | MR4DEC::WENTZELL | Silence breeds ignorance | Mon Feb 03 1992 17:56 | 54 |
|
Subj: RE: Digital Recognized in "Hispanic 100"
**************************************************************************
THIS MESSAGE IS FROM JOSE RAMIREZ AND MERCEDES SANCHEZ
**************************************************************************
Digital has been selected for inclusion in HISPANIC magazine's 1992
listing of the top one hundred companies.
This is the first time that Digital has been chosen to be included in the
HISPANIC 100. One of the key factors that distinguished Digital from
other companies, and leveraged Digital's inclusion in the HISPANIC 100, is
the Hispanic Leadership Group.
The text about Digital follows below:
"Digital has an active Hispanic employee organization called the
Hispanic Leadership Group (HLG) that coordinates Digital's local
programs, strategies, and business opportunities for Hispanics on a
regional basis. The HLG coordinates extensive Hispanic Heritage
Month activities, a fundraising banquet for the National Hispanic
Scholarship Fund, and other Hispanic outreach efforts.
This Hispanic 100 recognition acknowledges the key role which diversity
constituency groups, such as the HLG, can play in the business environment
of the '90's.
The challenge before us is to further demonstrate and enhance Digital's
commitment to utilize diversity as one of the key contributing elements to
the Company's success.
It is the contributions of the HLG extended network (Hispanics and
non-Hispanics) combined which made this recognition possible for Digital.
The HISPANIC 100 appears in the January/February 1992 issue of the
HISPANIC magazine. This issue will appear in the newsstands during the
week of February 3rd.
Regards,
Jose Ramirez
Mercedes Sanchez
Chairteam, Hispanic Leadership Group
**** PLEASE INSURE WIDE DISTRIBUTION OF THIS MEMO ****
To Distribution List:
[deleted]
|
92.337 | goodnewz | SPICE::PECKAR | Shadow skiing the apocalypse | Tue Feb 04 1992 13:47 | 49 |
| From: ELWOOD::MERTZLUFFT "CONNIE MERTZLUFFT 237-6515 28-Jan-1992 1649" 28-JAN-1992 19:43:26.74
To: @SHRSITE
CC: MERTZLUFFT
Subj: SHREWSBURY FACILITIES' RECYCLING PROGRAM
+---------------------------+ TM
| | | | | | | |
| d | i | g | i | t | a | l | INTEROFFICE MEMORANDUM
| | | | | | | |
+---------------------------+
TO: SHREWSBURY SITE DATE: January 28, 1992
FROM: Peter van Roekens
DEPT: Tape and Optical
Product Creation Unit
DTN: 237-6516
M/S: SHR3-2/X15
ENET: ELWOOD::VANROEKENS
SUBJECT: SHREWSBURY FACILITIES' RECYCLING PROGRAM
========================================
Some of you may not be aware of the fact that since the start of our
Recycling Program, the Shrewsbury facilities have provided
approximately TWO THOUSAND DOLLARS in returnable cans to the Worcester
County Food Bank. This effort has helped the Food Bank considerably in
providing food assistance to charitable organizations throughout
Central Massachusetts. Last year alone, over THREE MILLION POUNDS of
food was distributed to the needy.
Recently, after a meeting in one of the conference rooms, I was picking
up the empty cans to bring them to the collection area and one of the
attendees at the meeting asked me what I was doing. I explained our
recycling program to him. He was so impressed with the good this
program has done, that he proceeded to bring in six bags full of empty
cans to add to our collection.
I particularly want to thank Nate Kinnon for doing this, and am
extending the invitation to all of you who would also like to help this
worthy cause to bring in your cans from home.
Thank you,
Peter van Roekens
|
92.338 | WSJ on DEC cuts being made | MR4DEC::WENTZELL | Expert Only <><> | Tue Feb 11 1992 13:34 | 88 |
| Subj: Wall St. Journal on DEC Cuts
VNS COMPUTER NEWS: [Tracy Talcott, VNS Computer Desk]
================== [Nashua, NH, USA ]
Digital - Outlines spending cuts of $400 million
{The Wall Street Journal, 7-Feb-92, p. A3}
[This is the entire article - TT]
Digital Equipment Corp. plans to cut spending on engineering and research by
$400 million, or as much as 20% to 25%, Digital insiders said.
The new round of cost-cutting and a sweeping reorganization were outlined
Jan. 14 in a forceful, urgent presentation to senior executives by Digital's
president, Kenneth H. Olsen, said people who attended the meeting.
Mr. Olsen's plans follow news of an unexpectedly steep loss for the fiscal
second quarter, ended Dec. 31, the first operating loss in the 35-year history
of the Maynard, Mass., company.
A memo that summarizes Mr. Olsen's remarks has been circulating within the
company and was obtained by The Wall Street Journal. It says that Mr. Olsen
intends to streamline product packaging and engineering and kill off what he
called "perpetual products" that divert precious engineering funds to a few
small-volume products.
The move is likely to be welcomed by investors. "There's no question Digital
has room cut its spending on research" and remain technologically innovative,
said Jay P. Stevens, an analyst with Dean Witter. "It's not a question of
doing less research. It's a question of doing it more efficiently. Their
expense structure is completely out of whack, and almost anything they cut is
positive."
A senior manager who attended the luncheon meeting at the company's
headquarters quoted Mr. Olsen as saying that "big companies like Digital can't
expect to compete in every niche."
It wasn't clear whether all the $400 million in cuts sought by Mr. Olsen
would come from Digital's $1.6 billion research budget. Some of it apparently
will come from the amount spent by the company on manufacturing engineering, a
figure that Digital doesn't disclose, one insider said.
Still, a large cut in research spending would be painful for Digital, which
has long taken pride in its heavy investment in research. According to
Inside R&D, published by Technical Insights Inc. of Englewood, N.J., Digital
ranked fifth in 1990 in research spending by the largest U.S. corporations,
after General Motors Corp., International Business Machines Corp., Ford Motor
Co. and American Telephone & Telegraph Co. Moreover, as a proportion of
revenue, Digital's $1.6 billion research budget - at 12.5% of its calendar
1990 revenue - far exceeded that of GM, Ford, IBM or AT&T.
In the year ended last June 30, Digital spent $1.65 billion on research and
engineering. Research spending in the first six months of the current fiscal
year rose slightly to $829 million but was essentially flat after excluding
the effect of two recent European acquisitions.
A Digital spokesman refused to confirm or deny the $400 million figure
mentioned in the memo. He said: "We are working to hold down R&D spending,
just as we are working to reduce spending across the company. Engineering
isn't exempt from that process."
He added: "There is indeed a new effort underway to streamline the Digital
product set and scale down the number of individual product offerings." For
example, a typical computer may be offered with dozens of configurations and
packaging options, he said.
Mark Steinkrauss, director of investor relations, said Digital already has
in place initiatives that will save $1 billion in annual expenses in future
years. Digital has taken a total loss of $1,65 billion in restructuring
charges over the past two years to cover the cost of plant closings, product
consolidations and work force reductions.
Mr. Olsen's presentation didn't address accelerated work force reductions,
which were widely expected after the announcement of he second-quarter
results. Digital posted a net loss of $138.3 million, or $1.11 a share, on a
weak 4% revenue increase to $3.48 billion.
Terry Shannon, an Ashland, Mass., consultant, said Mr. Olsen will begin a
companywide reorganization in two to three weeks with the goal of simplifying
product lines and marketing. He said he expects several senior executives to
lose their jobs in the move.
Peter Burris, director of Digital research for International Data Corp.,
Framingham, Mass., said Digital is "re-evaluating every one of its product
lines" as it begins the transition to a new computer design, code-named Alpha,
expected this year.
Mr. Olsen was unusually tough on his managers in the Jan. 14 presentation.
One of those who attended paraphrased Mr. Olsen's message this way: "We no
longer have appropriate jobs for some of the company's very senior managers.
They will either figure this out for themselves or be fired."
Digital shares closed $1.50 lower yesterday at $52.875 in New York Stock
Exchange composite trading.
Separately, Digital responded to price cuts by competitors by reducing
prices on personal computers and related products by 5% to 35%. Digital this
month began a major push to sell mail-order personal computers made to its
design by Intel Corp. and Tandy Corp.
The cuts follow announcements this week by Dell Computer Co., a major
competitor, that it cut prices 4% to 28% on PCs and by Apple Computer Inc.
that it reduced its prices as much as 37%.
Analysts said Digital also is considering taking more of its PC
manufacturing inhouse. A spokesman said the move would replace some of the PCs
purchased from Tandy, but he wouldn't be more specific.
|
92.339 | | TERAPN::PHYLLIS | through a dream night wind | Tue Feb 11 1992 13:50 | 5 |
|
Apparently Wall St. likes what it's hearing. Stock went up 3 points
yesterday and is up 1 3/8 so far today.
|
92.340 | DEC's commitment to the environment | TERAPN::PHYLLIS | through a dream night wind | Wed Feb 12 1992 13:11 | 80 |
|
reprinted with the author's permission.
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
I N T E R O F F I C E M E M O R A N D U M
Date: 10-Feb-1992 03:33pm EDT
From: Murvin Lackey
LACKEY.MURVIN AT A1 AT CORA @ CORE
Dept:
Tel No: 223-7327
TO: See Below
Subject: ENVIRONMENTAL HEALTH & SAFETY, AND WASTE MANAGEMENT
Digital continues to face major challenges and opportunities in its global
effort of conducting business and offering total solutions to our customers.
An increasing emphasis must be placed on Environmental Health & Safety, and
Waste Management leadership practices.
In response to this challenge, I am endorsing the following Purchasing
position statement for EH&S, and Waste Management practices as related to
Suppliers.
POSITION STATEMENT
Throughout its acquisition process for goods and services, Digital will
incorporate the objectives of a continuing commitment to the health and
safety of its employees, its customers and the community; waste
elimination/minimization; protection of natural resources; and full product
cycle management.
o Digital will do business with suppliers who share the philosophy of going
beyond mere compliance; who emphasize their responsibility for impact of
their actions on the environment and who apply this philosophy during
the design, manufacture and disposition of products, as well as during
the performance of services.
o In selecting suppliers and subsequently holding them accountable for
their performance, Digital will include Environmental Health & Safety and
Waste Management objectives as standard criteria applied in our normal
selection and review practices.
o Digital will require the selection of products, processes and services
from Suppliers that:
(1) minimize the potential health and safety hazards to all employees,
customers, and the community.
(2) are environmentally responsible and compliant.
(3) reduce the generation of waste at its source.
(4) provide products that can be re-used, recycled or reclaimed.
(5) meet or exceed the standards required by law.
o Digital will require the use of suppliers who demonstrate the commitment
to continued progress in eliminating potentially harmful processes,
practices and materials as well as look favorably upon those suppliers
who take responsibility for the ultimate disposal of their products and
service wastes.
o Digital will provide technical assistance, in appropriate cases, to help
suppliers achieve the objectives of this policy.
A strategic steering committee will be established, chaired by
Joe Collentro/Marcellus Stamps, who will work with the areas to ensure
adequate training and implementation plans are put in place to support this
effort.
I am confident of your full support.
Regards,
Murvin
Distribution:
[removed]
|
92.341 | | SPICE::PECKAR | Shadow skiing the apocalypse | Wed Feb 19 1992 14:22 | 151 |
|
From: MPGS::ADMIN "18-Feb-1992 1605" 18-FEB-1992 18:54:22.86
To: @SHRSITE
CC: ADMIN
Subj: OZONE-DESTROYING CHEMICALS
---------------
|D|I|G|I|T|A|L| From: ENVIRONMENTAL HEALTH & SAFETY
--------------- Dept: Facilities; EH&S
EXT: 237-3946
TO: All SHR Employees MAIL: SHR1-3 F14
Date: 2/15/92
Subject: Ozone-destroying Chemicals
Due to the growing signs of atmospheric damage, the Bush
Administration has issued a directive that an accelerated phaseout of
the Chlorofluorocarbons, or CFC's, should be accomplished by the
middle of the decade (1995).
It is a Digital goal to transition away from the use of all CFC's
from its processes. The site has done a good job of eliminating
and reducing the volume of CFC use so far, going from 90,000 lbs in
1987, to 30,000 lbs in 1989. This reduction was accomplished by
the use of aqueous cleaning using DI water in the manufacturing
processes. However, we need to continue to look at the products we
still use and fully research any alternatives.
To help in the phase out of ozone depleting cleaning agents,
manufacturers such as Du pont, have developed non-CFC product lines
and established consulting businesses to assist companies in
cost-effective options.
The following products contain CFC's. Please begin to look for
viable alternatives. If you have any questions or would like more
information, please contact the Environmental Safety & Health group
at x3946
Chemicals containing CFC's
These chemicals should NOT continue to be purchased without checking for
alternatives first....Other chemicals will be added to this list as we find
them...
Control # Chemical Mfg.
1002 Super Freeze Rawn Co.
1053 Economy Mold Release TM2756 Osborn Corp
1054 A835 Plastic Mold Release Stoner Inc.
1055 Fluorocarbon C146 Stoner Inc.
1066 Effa Duster Ernest Fullam Inc.
1096 D-Sol F13 Service Chemical Corp
1233 Extra Dry Super Freeze/Artic Freeze G.C. Electronics
1245 Switch & Contact Cleaner 8076,8077 CRC Industries
1333 Prof. Turf Insect Killer Dow Chemical USA
1368 Disk Drive Cleaning Fluid Digital Equipment Corp
1371 Tape Head Cleaner Digital Equipment Corp
1372 Disk Cleaning Fluid Digital Equipment Corp
1378 Sheila Shine Sheila Shine Corp
1393 State WAS Wasp Killer State Chemical Co.
1427 Sealpro Safety Solvent Sealpro Inc.
1432 Sealpro TFE Dry Film Lubricant Sealpro Inc.
1453 9102 Syntemp Synthetic Lube (aerosol) Lubrication Engineers
1649 Rez-n-Bond #1 Schwartz Chemical
1708 20-8185-008 Release Agent Buehler Ltd.
1745 Dust-Away Rawn Co.
1759 Freez-It Chemtronics Inc.
1781 Flux-Off NR Chemtronics Inc.
1785 E-Series Flux-Off Plus Chemtronics Inc.
1801c Belzona Molecular Kit Molecular Systems
1801e " " " " Molecular Systems
1856 MS-122 Fluorocarbon Release Agent Miller-Stephenson
1881 BCF (Halon 1211) Fire Extinguishant ICI Americas
1891 Fluorocarbon K-502/R-502 Kaiser Alum. & Chemical
1939 Halon 1301 Fire Extinguishant E.I. DuPont
1940 Genetron 22 Allied Signal
1941 Genetron 12 Allied Signal
1942 Genetron 11 Allied Signal
1972 Spec-Clean; MCC-SPC Miller-Stephenson
2105 Hybond 80NF Pierce & Stevens
2106 Hybond NF Reducer Cleaner Pierce & Stevens
2132 Freon 13 E.I. DuPont
2148 MS-222 Aeroduster Miller-Stephenson
2149 MS-171/CO2 Connector Plus Miller-Stephenson
2150 MS-195/CO2 Solvent Flux Remover Miller-Stephenson
2151 MS-242 Quick Freeze Miller-Stephenson
2262 Tak pak 710 Accelerator Mist Spray Loctite Corp
2270 Tak pak 710 Accelerator Pen Loctite Corp
These chemicals contain CFC's and will NOT be approved by EH&S. Alternatives
should be found for these chemicals.
Control # Chemical Mfg.
Co Contact Cleaner Aerosol CRC Industries
MS-230 Contact Re-nu Miller-Stephenson
MS-180 Freon TF Solvent Miller-Stephenson
MS-180P Miller-Stephenson
Freon 22 E.I. DuPont
Freon 502 E.I. DuPont
DIGITAL'S
CHLOROFLUOROCARBON (CFC) POLICY STATEMENT
Approved 6/15/88
It is the policy of Digital Equipment Corporation to reduce immediately, and
where possible, to eliminate the company's use of chlorofluorocarbon products.
This policy addresses current and anticipated environmental regulations
enacted by numerous countries in response to the 1987 Montreal Protocol for an
International CFC Reduction Treaty. Sufficient evidence now exists that
confirms the adverse effects of CFC's on the earth's protective ozone layer.
Emissions of CFCs must be eliminated as soon as possible.
MANUFACTURING/ENGINEERING/PRODUCT MARKETING
Chloroflourocarbons (CFCs) are used in Digital in the manufacturing of surface
mount modules, semiconductor products, circuit boards, storage systems, thin
film products and miscellaneous other products. DESIGN ENGINEERS are
responsible for selecting components and subassemblies that are compatible
with non-CFC cleaning and servicing methods. PROCESS ENGINEERS are
responsible for finding alternatives and substitutes for solvents and other
materials containing CFCs. Where this is not possible, controls must be
included in the process for complete recovery of CFCs. Equipment purchased by
our facilities must include all features and accessories for reducing
CFC losses and emissions.
FIELD SALES and SERVICE
Products containing CFCs are being used by Field Service and are being sold to
certain of our customers as cleaners for some of our hardware. Cleaners and
other servicing materials containing CFCs will be eliminated from use and
product inventory as soon as possible. Thereafter, only Non-CFC containing
cleaners and other servicing materials will be used. Variances to this policy
require submission to and approval of the Field Service Environmental, Health
and Safety functions.
|
92.342 | | CSLALL::HENDERSON | Don't go near that river | Wed Feb 19 1992 14:27 | 8 |
|
Wouldn't it be grate if we could just run down to the store and buy a few
cans of ozone and fly around and spray it to replace that which is gone?
Jum
|
92.343 | | VMPIRE::CLARK | Read My Lips: No New Term | Wed Feb 19 1992 14:49 | 1 |
| Yeah, or just fire up a bunch of old TVs and radios ;^)
|
92.344 | | SMURF::GRADY | tim grady, DEC TCP/IP Engineering | Wed Feb 19 1992 16:38 | 10 |
| One of the grate ironies of the air pollution dilemma. Smog contains lots of
ozone, but it's an unstable compound that doesn't make it into the upper
atmosphere where it belongs. What we need is an 'ozone pump' to funnel all of
the atmosphere around Los Angeles into the ionosphere. ;-) (only half kidding)
L.A. could probably use the ventilation.
Oh well.
tim
|
92.345 | :-) | SPICE::PECKAR | Shadow skiing the apocalypse | Wed Feb 19 1992 18:34 | 4 |
|
Anybody catch Dr. Stienvax and Cluster covering the stones on todays' DVN????
Its was fun to watch twenty stodgey sales exec's stand up and leave the room.
|
92.346 | | SLOHAN::FIELDS | youdon'tlie,youdon'tlie,youdon'tlie | Wed Feb 19 1992 18:52 | 1 |
| I was kinda glad 'cause I could see until they left !
|
92.347 | | EZRIDR::SIEGEL | The revolution wil not be televised | Wed Feb 19 1992 21:14 | 15 |
| re: <<< Note 92.345 by SPICE::PECKAR "Shadow skiing the apocalypse" >>>
> -< :-) >-
>
>Anybody catch Dr. Stienvax and Cluster covering the stones on todays' DVN????
>
>Its was fun to watch twenty stodgey sales exec's stand up and leave the room.
Ha! That's funny! I heard about the music video in the GUITAR notes file, and
I would have forgotten about it but someone remined us. I caught the re-run at
1pm. The Mill had a major problem with the broadcast (it would go blank for
minutes at a time every now and then), but the music video came across intact
(but distorted). Those were all DECcies in the band, including Charlie Farren
(from Farrenheit fame) on the guitar.
adam
|
92.349 | I've heard of, but never heard, Farrenheit | MR4DEC::WENTZELL | Expert Only <><> | Thu Feb 20 1992 13:27 | 6 |
| Charlie contracts at DEC I think, though I'm not sure of his current status.
He is a contributor to the MUSIC notesfile on occasion, but I don't believe
he's been around there for a while.
Scott
|
92.350 | | TLE::ABBOT | J. R. "Bob" Dobbs in 92 | Thu Feb 20 1992 16:28 | 9 |
| Charlie Farren is a contractor, I think in MRO.
He used to be in a band called Balloon about 10 years ago. I just
picked up a couple of Boston band compilations that WCOZ (remember
them?) put out in 1979 and 1981, lots of cool old bands like the
Stompers, The Atlantics, Jon Butcher Axis, The Fools, and Balloon has
one song.
Scott
|
92.351 | dead myopia | STAR::SALKEWICZ | It missed... therefore, I am | Thu Feb 20 1992 20:04 | 19 |
| Marv,
Maybe when "great guitarists" are discussed among deadheads, Joe
Perry goes unnoticed,.. but not among guitar players. In guitar notes
hes mentioned,.. at least in the "honorable mention" topic,. and
he may even have his own note ( I can't remember )
UNfortunately,.. if they didn't:
- play a show or on album with the dead or Jerry
- appear on the same billing with the dead or Jerry
- cover a dead tune
- cover the same tune the dead covered
then they just are not musicians.
I guess I'll put a :-) right there
/
|
92.352 | Aerodead :^) | AWECIM::RUSSO | | Thu Feb 20 1992 20:15 | 17 |
|
Slashmon....
:^) :^) :^)
I know where you're sitting......
in GUITAR notes Slashmon sticks up for the Dead, and in Dead notes he
sticks up Aerosmith.... :^)
In a small cross-section of notesfiles there dude.... :^)
Hogan
PS: Joe Perry was the first guitarist that really caught my ear...I'm
an Aerosmith fan from way back....
|
92.353 | Don't have to be Dead to be good... | SMURF::GRADY | tim grady, DEC TCP/IP Engineering | Fri Feb 21 1992 12:06 | 22 |
| I dunno, Slash. I don't think Leo Kotke ever covered a Dead tune, but
I could be wrong...;-)
I tend to have a certain knee-jerk reaction to top-40'ish players, but
I can still respect their talent, if not their taste.
Craig Chiquico (sp) of Jefferson Starship is a fine, fast player, but
my perspective of him was he entered the band as they took a sharp
right turn at the dollar sign (around the time Balin joined, not so
coincidentally).
Trey whatshisname of Phish is one of the hotest players I've heard in
years, and not at all top-40. Reminds me a bit of a guy named Jan
Ackerman (I think) of the old, old, Dutch jazz band called Focus from
the early seventies.
Then there's Michael Hedges, David Bromberg, and a ton of others. They
don't have to die before being recognized by the public, but it doesn't
hurt. ;-)
tim
|
92.354 | Must be his Ibanez ior his Marshall eh? :-) | STAR::SALKEWICZ | It missed... therefore, I am | Mon Feb 24 1992 14:55 | 53 |
|
Hey now Hogan!!!! :-)
> Slashmon....
>
> :^) :^) :^)
>
> I know where you're sitting......
>
> in GUITAR notes Slashmon sticks up for the Dead, and in Dead notes he
> sticks up Aerosmith.... :^)
This is true. I seem to be hell bent on convincing everybody that
goodness can be found outside their musical boundaries. For a group
that prides itself on its "openmindedness", I have found that
some deadheads have very small musical boundaries or territories.
I was half joking back there, but there are deadheads that I know
who think that way, unfortunately for them.
In the music world in general,.. like in GUITAR notes,..people
generally explore much more varied regions of music.
All of the above is *evil* generalization,.. so please don't anybody
feel that you need to defend yourself or deadheads in general against
these generalizations,.. there are many exceptions.
Anyway, having said that,.. and having found myself in similar
positions many times before,.. I'll stop now. But,.. there is one
very nagging question....
and that is....
Why oh why Hogan my brother do you help me defend Joe Perry in Grateful
notes,.. but when I'm trying to defend the dead in GUITAR notes do
you "leave me to the wolves"???
/who_thinks_he_knows
> In a small cross-section of notesfiles there dude.... :^)
Too small I guess :-) ;^)
> PS: Joe Perry was the first guitarist that really caught my ear...I'm
> an Aerosmith fan from way back....
He definitely has unique tone. I wonder what kind of guitar he plays
:-) :-)
|
92.355 | :^) | AWECIM::RUSSO | | Mon Feb 24 1992 16:31 | 11 |
|
I like the Joe Perry Gibson tone, thank you :^) :^) :^) :^) :^) :^)
Haven't been reading the GUITAR notes much, and skimming it at best.....
I said in GUTAR notes that neither Eric Clapton nor Eddie Van Halen were
worthy of wiping up Bobby's spit off the stage after a Dead show. But
no one would take me seriously :^) :^) :^)
Hogan
|
92.356 | should she or shouldn't she | TERAPN::PHYLLIS | fly through the night | Mon Feb 24 1992 17:02 | 8 |
|
63 3/4 at 2:00pm
Up 1 1/2
The announcement's tomorrow
Phyllis_in_stock_trauma_mode
|
92.358 | | CSLALL::HENDERSON | Don't go near that river | Mon Feb 24 1992 19:18 | 26 |
|
From the brochure I got:
Key revisions to the policy:
. Explicit anit-retaliation language and provisions.
Open door standards:
.Employees may begin the process with their managers/supervisors, OR ANY HIGHER
LEVEL MANAGER/SUPERVISOR within their organization.
.Employees are not required to start the process with a particular manager with
in their organization (eg with their immediate supervisor), nor are they
prohibited from escalating their issues to an appropriate Geography Open Door
Resource Manager or to the Corporate Open Door Manager.
Jum
|
92.359 | | TERAPN::PHYLLIS | fly through the night | Mon Feb 24 1992 19:19 | 7 |
|
FWIW, if that happened to me, I'd send a variation on this note to Jack
Smith.
That sucks, Bob.
|
92.360 | | TERAPN::PHYLLIS | fly through the night | Mon Feb 24 1992 19:22 | 2 |
|
closed at 65 1/4
|
92.361 | fight back dude... i know you have, but it's evidently not over! | STRATA::DWEST | Dont Overlook Something Extraordinary | Mon Feb 24 1992 19:41 | 4 |
| ditto what phyllis said... take it outside your organization...
outside your building if you have to...
da ve
|
92.362 | that sounds like catch 22 there | STAR::SALKEWICZ | It missed... therefore, I am | Mon Feb 24 1992 19:45 | 20 |
| Bobbb,
Phyllis beat me to it....
The variation I would send to Jack Smith would include all the
names and positions of the people you dealt with. I have to believe
the man was sincere when he initaited that policy,... and I would
hazard a guess that he might do some early reviews of his own if he
knew how this was handled.
One word of advice,.. you are (justifiably) pissed right now.
Make sure the letter to Jack contains "nothing but the facts". You
know,.. say things like ".. and then my review happened early for no
apparent reason and I was given bad ratings for no apparent reason.."
as opposed to ".. then the b*st*rds sh*fted me with a bogus review..."
And one last thing,.. DON'T WAIT ANOTHER SECOND TO WRITE IT
/
|
92.363 | | TERAPN::PHYLLIS | fly through the night | Mon Feb 24 1992 19:57 | 14 |
|
And one more thing..
Have someone who is unbiased read it before you send it out. You are
obviously (and justifiably) pissed off here, and what might read as
unemotional to you, might not be exactly flame-free. ;-)
I used to work with someone (I'll call him John) who used to write
memos that were a little obnoxious (I'm being nice here) constantly.
Now, everytime my boss or I have to write something we're p.o.'d about,
we then read each other's and give it the "does this sound like John
test" and if it does... rewrite!!! :-)
|
92.364 | "We don't like your kind" | TLE::ABBOT | J. R. "Bob" Dobbs in 92 | Mon Feb 24 1992 20:07 | 34 |
| I was bitten by the failure of the open door policy too. When I was
looking for a job, I brought up some of the problems I had with my
former supervisor (that job was a living hell in many ways). It turns
out that instead of fixing the problem, these complaints were used
against me when a supervisor was interested in hiring me until this
certain personnel person said I probably wouldn't be right for the
job. They took my complaints as a fault in my character (i.e. if I had
these problems with one supervisor, I would have them with anyone) and
not as a fault of my former supervisor.
I guess you just can't use the so-called open door policy with anyone,
only go to a person you know and trust and in no way has any affect on
your present or future career path.
Another instance of trying to go over someone's head: last summer for
the longest time we didn't have a secretary. I was getting a live pay
check then, and there was no person assigned to pick up the checks from
the payroll people. Sometimes I would get the check on time, other
times it was a real hunt to get it by the end of Thursday. I finally
got fed up and made it known that they needed a depandable solution to
this problem, and that I had the right to go to personnel with this
problem. Well, that really got them mad - from several areas I was
threatened with comments like "Don't you EVER threaten us like that
again!!". I was threatening them????? Someone wasn't doing their job,
that was all. But try to tell someone that they aren't doing their job
around here and you'll have the mafia putting bombs in your car. If
they can't politely respond to their employees problems (we all have
the right to go to personnel with ANY problem) than they're the ones
who aren't following the alleged company policies, and it makes the
open door policy look like nothing more than a utopian idea.
Scott
|
92.365 | | SKYLRK::TING | Give Peace a Chance!!! | Mon Feb 24 1992 20:19 | 23 |
| Hey now Bobbb,
Don't lose faith in Digital's Open Door policy. It *does* work. I've
used it before with great success. If you can't get the lower level
managers to deal with you fairly, you can *always* go higher up. You
can escalate a problem up to Ken Olsen if need be to get it resolved
satisfactorily. You need to find out exactly what is the "chain of
command". I was given a bad review once as a retaliation which I won't
elaborate on. Anyways, I wrote a letter to personnel in response to
the review - giving point-by-point referenceable facts that was in my
favor. In the letter, I pointed out stuff that was blatantly untrue
and stuff that happened only once that was used as a generalization
against me. The letter was sent to personnel and cc'ed to my cost
center's manager and my cost center's manager's manager. That got a
response quick enough and the matter was solved very fast after that.
My manager at that time and my cost center manager left the company
a few months after that when other folks on the department "spoke up"
at the unfair practices the cost center manager used. He ran the
department like a military establishment!! So don't get discouraged,
Bob. What goes around comes around.
peace,
t!ng
|
92.366 | | BOOKS::BAILEYB | Let my inspiration flow ... | Tue Feb 25 1992 11:16 | 29 |
| Thanks for the words of encouragement. My inclination at this point is
just to let the matter end, find another job, and get on with my career
elsewhere. Despite the way I might have come across, I'm not ready to
give up on Digital yet either ... we've got a lot invested in each
other. I've had a couple of interviews elsewhere in the company, and
I've been quite honest with them about what's happening. In both cases
it sounds like it'd be different there.
That's the way it is with this company ... how you're treated depends a
lot on where in the company you happen to be. Managers are given a
great deal of latitude to define how they conduct business with their
employees.
I do believe that Jack Smith is sincere in what he says in the
brochure. I also happen to believe that he has neither the time nor
the means to back it up in all cases. He relies on middle management
to make it work. And sometimes it does, and sometimes it doesn't.
Honestly though, Jack's got a lot more important things to worry about
right now than whether one employee gets treated fairly or not. And
after the past few months I have to believe that the more I fight this
the worse it's gonna get. And I really don't come to work to fight
with my bosses ... it's wicked unpleasant.
My best course of action is to get out of here with my job intact, and
over the next few years bury that review behind a coupla good ones.
Assuming I'm given the opportunity ...
... Bob
|
92.368 | Another vote for fighting it. | GRANPA::TDAVIS | | Tue Feb 25 1992 12:31 | 7 |
| As a former manager with Digital, I advise to not let it stand, and
work the 4 rating. In theroy a 4 rating should not be a surprise
there should have been several "problem solving", or "performance"
discussions. I also agree with working it outside the building.
In today's economic environment, a 4 rating is an invitation for
getting laid off.
|
92.369 | Elevate it, do not let it lay | AIMHI::KELLER | I'm P.U. Politically Uncorrect | Tue Feb 25 1992 12:47 | 16 |
| Definitely work this issue up the line. You cannot get another job with a 4
rating.
I would definitely rewrite the message you put in here with the facts and no
opinions and elevate it. If you think you will get satisfaction no lower than
Jack Smith, then send it to Jack. When he sent out that memo he was very
serious and if he were to receive a memo from you and fix the problem and show
people that he really does mean business then more people will be willing to
bring their problems out into the open and things might just get fixed.
On a more personal note, I am now looking for a job because myself and others
in my group told a certain group that they weren't doing their job right.
Best of Luck Bob
Geoff
|
92.370 | | SPICE::PECKAR | Shadow skiing the apocalypse | Tue Feb 25 1992 13:11 | 13 |
|
Bobbb, in using the open door policy, present your case like you would
present Alpha to a customer: market it to that mangers niche. Sounds awqful,
but its the only way to get them to listen. Emphasize revenue impacts, not
feelings. Isn't it sad..
This opinion is based on the "level-centricism" memo in the next reply.
Its aa real good example of a disgruntled employee's attempt to use the open
door policy to elevate an issue he believed warranted elevation. You'll noticed
Demmer (VP, Vax systems and servers) was impressed enough to re-forward the
memo to his entire staff...
Good luck, Bob!
|
92.371 | "level-centricism" | SPICE::PECKAR | Shadow skiing the apocalypse | Tue Feb 25 1992 13:11 | 104 |
| From: MPGS::MPGS::LEE "Ed Lee, 237-3394 25-Feb-1992 0807" 25-FEB-1992 08:13:35.66
To: @ALLSTO
CC: LEE
Subj: Comments form Joe Valentine...fyi and thoughtful response....
From: ESDNI7::FREDERICK "24-Feb-1992 1843" 24-FEB-1992 18:45
To: @MMC
CC: FREDERICK
Subj: fyi
From: MEMORY::MSBCS::DEMMER "Bill Demmer DTN: 293-5000 BXB1-2/D10 24-Feb-1992 1637" 24-FEB-1992 16:42:05.10
To: @VSS
CC: DEMMER
Subj: FYI-Input from Joe Valentine on VAX Business
From: AIDEV::VALENTINE "Joe Valentine, AI Tech Center, DTN 296-5606" 18-FEB-1992 15:37:25.84
To: MSBCS::DEMMER
CC: VALENTINE
Subj: RE: Your "VAX Business" Memo
Bill,
I just had the opportunity to read your recent memo on our VAX
business and agree with many of your perceptions of why we're in
the position we are today.
I agree that the decline of VAX business in our more "traditional"
markets was somewhat overshadowed, or even hidden, by the
excitement that accompanied the penetration of more "MIS-like"
accounts. However, I believe there were other forces
at work that were responsible for our slow reaction to market
changes over the past two years. And, I believe that many of these
problems are still with us and will not disappear with the
introduction of ALPHA. That's not to say that they can't be
corrected. But, technology and new products don't get at the root
causes.
As someone who sits in the trenches, I truly believe that most of
"our hurting" over the past year is a direct result of management's
refusal to listen to the very people they empower to keep them
abreast of customer needs and demands. And, I'm not necessarily
talking about just senior management, but middle managers as well.
I have been with DEC for over eight years and have witnessed what I
think is a major cultural change within this company. There has
been a major shift toward what I call "level-centricism" where
people only listen to those who have equal or greater power as
defined by their SRI code. Our "open door policy" seems to work
fine for voicing complaints, but it's not working at all as a
mechanism to drive the company to success.
In my own case, I have a background and considerable training in
science and research. I think my value to DEC is that I understand
the needs of that marketplace, know many of the customers, and have
good working relationships with many third-party suppliers to that
market. I'm not a visionary by any stretch of the imagination.
But, over three years ago, I predicted that we were making many
wrong decisions that would ultimately affect our ability to solve
our customer's problems in that market; a market, I might add,
that has been a traditional stronghold for Digital. My predictions
weren't based on any secret information I had. They were valid
because I lived that market from day to day.
Yet, with all I knew about what was happening, I watched us lose
market share. The frustrating thing for me was that
during that three year period, I sent memo after memo, gave
presentation after presentation and paraded customer after customer
in front of management, all in an effort to convince them that our
direction in scientific computing was "way off the mark."
Obviously, I wasn't very effective and that's something I need to
work on. However, I never felt as though I was taken seriously.
On the one hand, I was told that I was the expert and my feedback
and opinions mattered. On the other hand, I often felt ignored
because I was not at a "high enough" level in the chain. And, I was
often censored.
Now, I did what I could do. But, there's some sense of guilt I
carry with me for not doing more, because much of our loss of
share in that market could have been prevented.
I don't want to dwell on the past and in thinking about the purpose
of writing this memo to you I guess the message I want to make
clear is that, as a company, we really need to place more effort on
building trust between management and workers. Yes, it's true we
need technology and we need good products, but Digital should be a
place where, no matter what the size of the company, people feel
like they CAN make a difference. This will only come when people
are really made responsible and when our open door policy is used
more for the sharing and transfer of knowlegde and ideas than for
complaining.
I believe ALPHA has the potential to catapult us back into a
leadership role in many of our strong, traditional markets.
However, it will only work if we value each other's opinions,
ideas, and input. During World War II, some of the most valuable
naval intelligence we had on the enemy came not from high-ranking
military intelligence officers, but from relatively uneducated
foreign dock workers who spent day after day watching the ships
come in and out of the harbors.
Let's not forget to listen to the dock workers!
Regards,
Joe Valentine
|
92.372 | Go for it Bob!!! | TLE::WEISS | No way I'll crash, this is a *BEER* truck! | Tue Feb 25 1992 13:31 | 23 |
| > Jack [Smith]'s got a lot more important things to worry about
> right now than whether one employee gets treated fairly or not.
NO WAY!
The whole reason I came to work for this company was because of its
reputation as a 'people company'. You have far more patience than I, Bob
(probably comes with experienc, eh?), 'cause if I was treated the way you were,
I would have told my boss to go pound sand! I also would have made sure that
his/her career here @ DEC was affected by his/her blatant disregard for policy
and blantant disrespect for me (but, like I said to you on Friday, I get pretty
vengeful if someone intentionally and unfairly give me the shaft!)
Plus, if your boss is shafting you, and gets away with it, he/she will also
shaft the next person who "follows company policy", that is against his/her
personal agenda. So besides the fact that pushing this will help you, it will
also help the next person, and in turn, the company as whole...
Just the rambling's of a crazy kid...
Dave
|
92.373 | ya can't fight city hall ... | BOOKS::BAILEYB | Let my inspiration flow ... | Tue Feb 25 1992 13:49 | 20 |
| Once again, thanks for the support. On advice of "counsel" (actually,
more than one of them) I've deleted the note I put in describing the
incidents. Perhaps this is an inappropriate place to discuss such
matters. Suffice it to say, I'm living proof that the Open Door
Policy doesn't always work. And my advice to anyone who is thinking
about using it as a means of problem solving is "do so at your own
risk".
After fighting this thing for so many months, only to find myself in
deeper trouble at every turn, I do not believe this is a fight I can
win. If I could find a way, I'd be happy to pursue it.
The only way is if I could prove that PROCEDURE wasn't followed,
rather than taking the "unfair treatment" approach. I've looked
through the Orange Book, but don't see any policies that really apply
to the situation. Can anyone point me to the appropriate policies on
performance reviews?
... Bob
|
92.374 | | AIMHI::KELLER | I'm P.U. Politically Uncorrect | Tue Feb 25 1992 14:59 | 24 |
| AS for procedure not being followed...
if the client you are working for is giving 1s and 2s to your manager and he
is turing around and giving 4s then he is not following procedures. There must
be some sort of warning given that an employee is not performing up to
expectations.
In VTX under the new procedures section 6.02 on page 8 and 9 there may be some
information that will help you.
In your title you said that you can't fight city hall, well in this case you
had better fight "city hall" and get that "4" removed from your record,
because you can not change jobs within the company with a "4" rating.
From the orange book: "Retaliation against an employee for utilizing this
policy could result in disciplinary action up to and including termination."
Proof of retaliation could be: All your previous reviews were 2s maybe a 3
with no mention of poor work quality and then a 4 for no explainable reason.
Geoff
|
92.375 | | CLOSUS::BARNES | | Tue Feb 25 1992 15:22 | 3 |
| re: -1,
exactly....
rfb
|
92.376 | some positive thoughts ... | GOOROO::CLARK | Saddam still has a job, do u? | Wed Feb 26 1992 13:39 | 8 |
| well, on a slightly different note,
I thought yesterday's Alpha announcement was the BALLZ!
Everybody associated with Alpha (especially those of us in
SCO) should feel righteously proud today!
It's about time this company did something RIGHT!
|
92.377 | | SLOHAN::FIELDS | youdon'tlie,youdon'tlie,youdon'tlie | Wed Feb 26 1992 13:54 | 7 |
| Damn Right you should if anything good comes from yesterdays party in
Hudson it will be good press !!! Im proud for you people involed with
Alpha and its nice to have friends from outside the company say
something positive, i was tired of hearing I was geting layed-off
weekly....:')
Chris
|
92.378 | its been hard to bite my tongue all this time | STAR::SALKEWICZ | It missed... therefore, I am | Wed Feb 26 1992 17:13 | 13 |
| Yeah,. it is real nice talking to friends about this... seems it
may be just in time to save our image from decaying cokmpletely,...
But what I'm really looking forward to is seeing some people I know
who work for competitors who have been saying things like "Oh you
work for DEC,.. are they still in business??" at the last couple
DECUS' and other stuff,.. I'm psyched to see these people priming
me for Alpha info,...:-) :-),... Yeah,. I work for DEC,.. cradle
of the world's fastest microprocessor :-)
/Bill
|
92.379 | | TERAPN::PHYLLIS | fly through the night | Wed Feb 26 1992 20:15 | 11 |
|
And coming soon..
TV ads!
Phyllis_who_thinks_it's_about_time
ps - I think they start during the NCAA tournament but I'm not
positive.
|
92.380 | Yep...TV ads | NECSC::LEVY | It's not the thing you fling...it's the fling itself | Thu Feb 27 1992 10:21 | 80 |
| From: NAME: US Vice President
FUNC:
TEL: <PRESIDENT.VICE.US AT A1 at SALES at MRO>
To: See Below
From: ROSE ANN GIORDANO
===========================================================================
We're moving into an exciting phase of the Open Advantage campaign: television
advertising. Starting March 1, the first commercials in a four-year program
will begin during the NCAA Basketball playoffs on CBS, and continue on through
the Seniors Golf Classic this August.
These ads are a mid-life kicker for the successful Open Advantage print
advertising. We have moved to television because it will make the greatest
impression on the largest number of prospects in the shortest timeframe. This
will help us establish a meaningful brand leadership so that when you make
calls Digital's position is clear: We're the company that's going to help
customers gain the benefits they are seeking from open solutions.
Television advertising will open doors for you. Let's capitalize on this
opportunity! Here is how to follow up with each of the three main audiences
the ads will influence:
1. TOP MANAGEMENT will notice that Digital is on TV and is putting a lot of
money behind its Open Advantage message. When you speak to a senior person
who has seen the ads, tell them that the ads are pointers to a set of
Digital's products, services, and practices. Offer to make a presentation
on how the Open Advantage gives customers the freedom to make the best
information systems choice, while leveraging and optimizing the investment
they have already made.
Top management will be particularly interested in the Open Business
Practices messages. The Open Advantage training tape titled, "Competitive
Edge Selling, The Open Advantage" (#4088 through the AV Catalog) provides
some background and customer examples on these messages. Or call the Open
Advantage Helpline @ 297-3000 for information on other available videos for
customers.
2. MIS MANAGEMENT, may be asked by top management why they cannot do what the
ads show Digital can do. You'll find them to be most interested in the
Open Services message. Show how this translates into vendor independence
and a single point of accountability. Emphasize that we have the
consulting services that can both design AND implement, in contrast to
other service providers.
Technical evaluators who have the need to fit new IS acquisitions into an
existing architecture or who are charged with creating a new IS
architecture, will also respond to the Open Advantage message. You can
position yourself as a consultant in this situation. Tell your prospect
that you can share information on what other companies are doing around
building computer architectures. Use the Guide to Open Advantage
Supporting Collateral, also known as Management Notification 102.
3. Potential new customers: who identify with the problems the ads pose and
are interested in what we can do to solve them. Begin with the standard
Open Advantage messages: Digital's willingness to offer freedom of choice,
and our ability to leverage the customer's existing investment. Remind
them that Digital can not only work with but can recommend (and service)
non-Digital content in systems integration projects. Lay out our unique
strengths.
As you sense a customer getting interested in the Open Advantage message,
bring out some of the new sales tools. There is a new brochure for
high-level customers, "Digital's Executives Discuss the Open Advantage"
(EC-YO331-05), the new OA pocket reference card (EE-EM295-05), and The Open
Advantage brochure (EA-L4449-97). And we expect to have videos of the new
advertisements orderable within a month.
The Open Advantage TV ads will open doors for us. If you can capitalize
on that and continue to build interest in the Open Advantage, you'll have
more RFP's to work with in the future. Call the Open Advantage Helpline
at DTN 297-3000 for support.
=============================================================================
Distribution: U.S. Account Team Members. To update your profile, send your
name and badge number to SEGMENTATION @MRO or SALES::NSP.
=============================================================================
|
92.381 | ain't it always that way? | DEDSHO::CLARK | Didn'tcha see the CROWDS?!? | Mon Mar 02 1992 16:58 | 5 |
| "You may experience problems while trying to perform everyday tasks."
-- what we can expect after reboot of a system
with hardware problems, according to our system
management
|
92.382 | | TERAPN::PHYLLIS | fly through the night | Mon Mar 16 1992 17:32 | 10 |
|
I just watched the DVN and they showed the new tv commercials and..
surprise, surprise.. they were actually pretty funny! They're
scheduled to be shown during the NCAA tournament and some golf
tournament that's in the near future.
BJ says he's expecting them to generate 900M in revenue. Let's hope
he's right. That's gotta keep some of these cubicles full.
|
92.383 | | AWECIM::RUSSO | | Mon Mar 16 1992 18:17 | 8 |
|
I saw one yesterday.....I was watching it closely, and towards the end
of the commercial I was getting suspicious that it was DEC (they hadn't
disclosed the name of the system or company). And lo and behold!!
It was pretty good!
Hogan
|
92.384 | | TERAPN::PHYLLIS | fly through the night | Mon Mar 16 1992 18:51 | 6 |
|
So they're on tv already? THat doesn't mean the NCAA tournament
started does it? (I didn't get my picks in yet!) Which one did you
see?
|
92.385 | | AWECIM::RUSSO | | Mon Mar 16 1992 19:19 | 14 |
|
>>Which one did you see?
I saw the one where this guy was talking with the new computer, as
though it were a new hire; he was welcoming it as a new co-worker, and
saying hw glad he was to have it there, because none of the other
computers could talk to each other. At the end, he said "Nice tie" to
someone walking by, and then turned to the computer and said "Thats the
boss...."
The message of the commercial wasn't really new, but I had never seen
it before.
Hogan
|
92.386 | | AWECIM::RUSSO | | Mon Mar 16 1992 19:20 | 4 |
|
Oh...and the NCAA's haven't started yet :^)
|
92.387 | | TERAPN::PHYLLIS | fly through the night | Mon Mar 16 1992 19:36 | 10 |
|
Yeah, they showed us that one. I think the whole idea is pretty cute.
I was still scared they were gonna use that Digital's hip to the
standards thing. ;-}
And thanks, yes I did find out the NCAA tournament doesn't start until
Thursday. Now I just have to hope my brother (I pay, he picks) gets
his phone turned back on by then. College kids. ;-/
|
92.388 | Article on DCU from Cape Cod Times | MR4DEC::WENTZELL | Expert Only <><> | Mon Mar 23 1992 14:16 | 201 |
|
Some interesting contradictions here, and I don't like the implications this
has for Digital, not only DCU. I voted today for a change at DCU. Have you
voted yet???
Scott
================================================================================
Note 505.0 Cape Cod Times article on 1986 Report 19 replies
GUFFAW::GRANSEWICZ "I'm voting for REAL CHOICE candi" 189 lines 20-Mar-92 00:27
--------------------------------------------------------------------------------
[Permission to forward or re-post this note is granted. However, the
original note header and names at the end of the note must be
retained. The contents of the note may be shared with any DCU member.]
[Re-printed without permission from the Cape Cod Times, March 19,1992]
"Digital had tip-off in '86 about bad loans to Cape"
By Susan Milton
Staff Writer
Millions of dollars of risky Cape real estate loans were first
investigated in 1986 by the Digital Equipment Corp., according to
investigators at the international computer company.
Checking out a tip about the Cape loans, the investigators were
surprised to learn that the primary lender was their own credit union,
the Digital Employees' Federal Credit Union, based in Maynard.
Their report, intended as a warning, was rejected by credit
union leaders, the former Digital employees said.
Now the credit union has lost millions of dollars because of such
loans, now known to be faked and channelled through the closed
Barnstable Community Federal Credit Union in Hyannis.
Due to the loan losses, the Hyannis credit union was taken over
a year ago and closed last June by federal regulators. Last April,
the Digital credit union fired Richard Mangone, its president since
1983.
Mangone and other Barnstable credit union insiders secretly siphoned
millions of dollars in loans shared by the two credit unions between
1987 and 1990, according to two civil lawsuits.
Digital's 1986 report has resurfaced to draw new attention to the
$345 million credit union, the largest in New England, and its parent
computer company.
The Cape Cod Times has learned:
o The Federal Bureau of Investigation has supoenaed and obtained the
1986 report.
o The 1986 investigation and report was denied last week by Digital
credit union chairman, Mark Steinkrauss, also Digital's director
of investor relations. He described "an informal inquiry" in 1986
that revealed Mangone was serving on the Barnstable credit union
board that developed and sold the large loans to his own credit
union.
o A Digital lawyer, by letter and telephone, last year warned two
former Digital employees to keep quiet about the company's 1986
investigation of Cape loans.
Those early loans, all repaid, included $2.8 million for the 41-lot
Yankee Village commercial/residential subdivision in Brewster and a
$2.7 million mortgage for the Sands Motor Lodge and Greenbrier Motel
on Route 132 in Hyannis.
Later, between 1987 and 1990, Mangone led the Digital credit union
to invest another $18 million in 12 similar loans for Cape motels
and real estate projects, all now in foreclosure.
The 1986 report has resurfaced during a campaign that will decide
the future management of the Digital credit union, created as an
employee benefit for Digital employees.
Under fire for months over the Cape loans and other operating
policies, the entire Digital credit union board, many of whom are
high-level Digital managers, is being replaced.
The unusual election, involving 81,000 voters at various worksites
in 83 countries, was mandated last November at a special meeting
called by rebelling depositors. The ballots were mailed March 14,
with results due at the credit union's April 23 annual meeting.
At the heart of the campaign are the Cape Cod loans. The primary
focus according to board critics, is not the fraud nor the credit
union's losses. It was the board decision in 1985 to make such
loans at all.
"The issue is that our credit union funds were being funnelled
into what many consider to be risky investments, land development
on the Cape.", said candidate Phil Gransewicz, a Digital engineer
and board critic.
Digital investigators, also credit union members, had the same
reaction in 1986. That is why the 1986 report was an early warning
to the board about its lending policies.
Confirmation about Digital's 1986 investigation came from two
former Digital employees. Although known to Digital, both men asked
the Cape Cod Times not to publish their names.
In further confirmation, Digital lawyer William Sutton's letter
warned against disclosing information about a 1986 investigation.
Sutton contacted the two former employees, first by telephone, then by
Express Mail, just before the November debate over the board's removal.
Because of such warnings, each refused to comment on the 1986
investigation and report. But the two former employees said there was
no reason to protect Sutton's letters, which puizled and angered them.
The report, one former employee said, was not about Digital at all,
but about the credit union, a seperate corporate entity, which had shown
no interest in the report's contents in 1986.
He asked, "Why is Digital keeping this from the (credit union)
membership which has a right to know if people (board members) running
for office were delinquent in their duties or not?"
Sutton did not respond to a request for comment. In a later letter
to the two men, he said his purpose was not to intimidate the two former
employees but to remind them of their legal and professional
obligations.
In a telephone interview last week, Steinkrauss downplayed the 1986
events by saying, "I'll say again - and I am in a position to know,
there was no investigation. There was no report. There was no
subpoena. There was none."
He did remember meeting with Digital management in 1986 over an
anonymous phone call. He said the call "suggested some sort of
impropriety and I'm not even sure it was with (Digital credit union)
but with Barnstable."
Told about Sutton's reference to the 1986 investigation, Steinkrauss
then recalled there had been "an informal inquiry but all the
references were to the Barnstable credit union."
Steinkrauss suggested that the newspaper was being fed distorted
information by board candidates who were politicking or trying to
tarnish past or present board members. He also suggested that the
likely sources about the 1986 investigation had ulterior motives.
He said, "I can't tell you the circumstances under which they left,
(their jobs) because that would be a violation of trust."
One former employee said they retired early, by choice, when
Digital offered to buy out their pensions. Known, not anonymous,
sources started the investigation. Both men said that an in-depth
investigation resulted in a lengthy report about the early loans.
The Cape Cod Times also confirmed, through non-Digital sources, that
the report had been obtained by the FBI by subpoena from Digital.
Through the 1986 inquiry, Steinkrauss added, the Digital credit
union board did learn its president, Richard Mangone, was also
serving on the Barnstable board. The board asked Mangone to sever
his Barnstable relationship, Steinkrauss said, because "he was
drawing his salary, after all, from DCU."
Mangone complied, but continued to make weekly visits to the
Barnstable credit union to prepare the fraudulent loan applications
that he then presented and sheparded through a deceived Digital credit
union board, according to a pending lawsuit.
Steinkrauss even visited the Cape investments on trips to the Cape,
he said. He is among four Digital credit union board members who
own second homes or timeshare units on the Cape. He did not know if
other board members made similar visits.
In another change after the 1986 report, the Digital Credit Unions
participation, usually 75% to 90%, was concealed. Its participation
was denied, in 1987 and early 1991 by Mangone and other Barnstable
credit union officials interviewed then by the Cape Cod Times. The
loan's were recorded in the Barnstable credit union's name.
The Digital credit union is now suing Mangone, as well as Robert
Cohen of Newton, former counsel for both credit unions; Cohen's
Wellesley law firm, Cohen & Kushner; Rockport developer Ambrose
Devaney; Barnstable developer and credit union founder James K. Smith;
and Centerville appraiser Paul C. Brown.
Its suit claims that each man played a role in a scheme to locate
properties, fake loan and legal documents, recruit "straw borrowers",
inflate property values and siphon money for personal use.
About last year's revelations, Steinkrauss said, "I know that I was
deeply saddened to see that the trust we had put in Mr. Mangone was
broken. It was a blow to all of the board and all of the staff and
certainly all the membership at Digital (credit union)."
Claiming $47 million of fraud at the Barnstable credit union,
federal regulators are suing Mangone, Smith and Cohen, as well as
former Barnstable credit union leaders Michael O'Neil, a lawyer now
living in Scituate, and Bruce Harris, now living in Florida.
<><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><>
|
92.390 | Watch which 'field' yer talkin' about... | SMURF::GRADY | tim grady, DEC TCP/IP Engineering | Fri Mar 27 1992 19:30 | 27 |
| Out of fairness to my former cohorts in the field (and by here, I mean the 'real'
field, i.e. anyone who sees customers EVERY day) my experience in the past year
causes this article to remind me more of middle management and 'corporate' field
people. Sales DM's and above, and the Sales VP's and their staff are the first
ones I think of. After that, the crews of marketing and corporate field support
that are always travelling around the world, sometimes unnecessarily.
We used to see a lot more of that stuff, so I guess it got better, but there was
still a lot of it going on. Sales reps, local support, Field Service and EIS
got grilled on every long distance phone call they expensed. Believe me: I'm
STILL resolving some of these expenses from last November. They're not the ones
behind this stuff. No sales rep that I know could expense a $1000+ bar bill!
A big chunk of what we call the field isn't the field at all. Now that we have
reorganized and changed the names of the guilty to hide who/where they really
are, it's kinda hard to point them out. I don't think the real field people have
been getting away with this kind of thing for years. Look in Alpharetta, Rolling
Ghettos, Landover, MRO and MKO - lots of 'field' people that only see customers
occasionally - with managers that aren't under the gun to watch expenses.
This may be one positive aspect of NMS - management is a lot more sensitive to
expenses.
Let's see - did I leave anyone out? I'd hate to miss a chance like this to
really alienate someone...:-)
tim
|
92.391 | greed is its own justification | STAR::SALKEWICZ | It missed... therefore, I am | Fri Mar 27 1992 19:39 | 13 |
| Interesting that a sales rep is qoted in there defending the
expenses...
the "if it helps land a $X sale then its OK" or whatever was said
really rubs me thre wrong way. I mean, on the surface, yes,.. but
the facts are that we haven't been seeing "increased sales" to match
up with the "increased abuses"...quite the opposite unfortunately for
those who were laid off or will be,... :-/
I think this just ruined my weekend :-/
/
|
92.392 | Time for a brew | MR4DEC::WENTZELL | Expert Only <><> | Fri Mar 27 1992 20:00 | 15 |
| Hey now /mon, don't let it ruin your weekend!! Anything but that!!!
FWIW, the way I read that quote is that not every expense that may seem
outrageous on the surface is an abuse. Problem is, too many of these expenses
are not bringing about multi-million dollar contracts.
I work with alot with the kind of psuedo-field people that Tim referred to and
when I first joined the company in '89 I was amazed at what some people were
expensing. Lately (as in the last 6-9 months), I have noticed a dramatic
change in behavior as far as expenses go and I am amazed that this kind of
abuse is actually going up. Perhaps it is related to what I see as the
changing perceptions of DEC's corporate philosophy from "we are family" and "do
the right thing" to "look out for yourself, no one else will."
Scott
|
92.393 | The memo itself | LESPE::WHITE | Without love in a dream... | Fri Mar 27 1992 21:39 | 128 |
|
Here is the memo discussed in the article...
From: NAME: Tony Wallace @MRO
FUNC: U.S. Finance
TEL: DTN: 297-2250 <WALLACE.TONY AT A1 AT USCTR1 AT MRO>
Date: 29-Jan-1992
Posted-date: 29-Jan-1992
Precedence: 1
Subject: EXPENSE MEMO 1
To: See Below
In May, I committed to take a number of actions as a result of the Q4
Business Expense Review. As you recall, there were a number of serious
business judgment and policy violations. They were dealt with on a
one-on-one basis and in several instances, disciplinary action was
taken. The majority of issues centered around lack of compliance to
company policy. All of the results from the review were communicated
and a recovery plan was implemented. Within this recovery plan, a
commitment was made to continue testing of business expenses on a
quarterly basis.
The Q1/Q2 Business Expense Review has been completed and the findings
indicate that we have continued to violate and/or ignore company
policy, exercise poor business judgment, and waste Company funds. This
pattern must be reversed. It does not appear that we (the U.S.
Team)are driving the need for responsible behavior down through our
organizations. We have delegated authority; it is now time to expect
responsible decision making and accountability at all levels.
I. The most significant problems occurred in connection with the
beneficiary rule. This rule simply states, "you do not approve
expenditures from which you receive a direct benefit" i.e. do not
approve meetings, meals, etc. at which you were in attendance. It
is not surprising there is a direct correlation with unauthorized
Digital Only Business Meetings, excessive alcohol tabs, and
non-customary purchases. For example:
o A $1737 business meeting included a bar bill of $1024, food of
$400, plus tax and tip. This meeting was for all Digital
employees and the approver was in attendance.
o A business voucher totaling $1650 included a $350 receipt for 9
crates of wine gift sets, as well as, a $730 tab for alcohol
consumption. All those attending were Digital employees
including the approver.
o Two employees attending the same business meeting, "Dinner
Cruise on the World Yacht", split the bill and processed $1780
and $1400, respectively. The individual who approved both
expense vouchers attended the event.
o Notable and multiple trips have been taken by the same set of
individuals, all coming from different parts of the country.
These Digital only meetings have been at luxury hotels in
resort areas. Each trip exceeded the auto and lodging
guidelines; for example,
-- The Pointe in Phoenix, Arizona $110/night, along with a
Luxury class vehicle.
In all these instances, a Purchase Order was required with
appropriate exception approval. Employees are not complying with
the "stop purchase/curtail spending" guidelines published in May.
When required, the exception approval policy was not followed more
than 90% of the time.
II. Another area where there is excessive spending is in lodging and
rental cars. When lodging and auto rental expenses were incurred,
guidelines were exceeded 50% of the time. For example:
o Individuals staying at the Boston-Long Wharf Marriott
$195/night - Guideline $99
o Lodging at the Hartford Marriott $125/night - Guideline $75
o Lodging at the Arizona Biltmore Hotel at $127/night -
Guideline $66
o Lodging at the Embassy Suites in New York City at $229/night-
Guideline $140.
III. Miscellaneous expenses are being submitted and approved for
personal items such as flowers on secretaries day, medicine,
toiletries, $214 for a laser pointer and limousine service to
drive a secretary to work. Approximately one half of all
miscellaneous expenses approved consist of items disallowed by
policy.
IV. Finally, we have the nebulous area of customer entertainment and
business meetings. As you know, guidelines in this area are
flexible; therefore, sound business judgement is required. The
following are examples that do not qualify:
Entertainment at the U.S. Open Tennis Tournament for $125/ticket,
$115/hour for a racquetball court, football tickets from scalper
at $100/person, $1300 in limousine charges, $400 in baseball hats,
and fishing charters are but a few examples.
The list goes on. I have not touched on the variety of form issues in
which vouchers are submitted late, sloppy, and approved without
appropriate receipts and insufficient documentation. The incidence of
procedural errors was running in excess of 85%. I have also not
included the continuing phenomena of multiple Digital employees
traveling, attending meetings, and entertaining customers; a habit that
is out of control.
We are getting worse not better. The nature and number of findings
indicate that the corrective actions from the last review have had no
impact. We need to get this under control and use our time more
productively. It is apparent that our managers are not exercising the
control responsibilities we have placed on them. Conservatively, this
costs us $30M a year.
As in the past, I will share the details with Don. In addition, we
will review and resolve the serious violations one-on-one with the
appropriate UST member. If we can not work together to change behavior
and our current practices provide too much latitude, then more rigid
practices have to be established. We are currently discussing the
implementation of a stop payment on exception processes. In other
words, we'll kick expenses not properly approved. If we take that
step, we'll consider kicking it back to the original approver's
manager. If we do not engage our managers to exercise their
responsibility, then I see no alternative to the above.
|
92.394 | I've heard this kind of story before ... | CUPTAY::BAILEY | in search of a personal_id | Thu Apr 09 1992 14:40 | 62 |
| The following tale of woe is something I received in the mail this
morning. I cannot vouch for it's accuracy, but I can tell you that a
personal friend of mine had a similar experience when we used to work
together at Eaton ... and to this day he refuses to do business with
DEC. You'd think someone in this company would wise up to the fact
that our computers no longer sell themselves ... and make it easier for
people to purchase our products.
------------------------ many headers removed ---------------------------
Subj: Tale of unbelievable customer patience (no wonder we're in trouble!)
Subj: it's hard to buy from DEC
Subj: A cutomers trek to buy DEC -- a sad tale indeed
Subj: The Story of A Customer Who Wanted to Buy From DEC But Couldn't
Subj: My plumbing supplier and DEC
I had an interesting experience over the weekend; I had a plumbing problem.
So, I went to the local plumbing supplier to get some parts I needed. While
I was there, I chatted a bit with the owner of the store. When he found out
I worked for DEC (his store is in Maynard near the Mill), he said. "You
know, a couple of guys are coming in to sell me some personal computers
from DEC this week." I said "Great! What will you do with them?" He then
described software he wanted to use (estimates, designing bathrooms, etc.)
I said it sounded like DEC could take care of him.
Then he said "You know something? It has taken 2 years to get a salesman to
come and see me?" "What?" I said, "You're kidding." He said, "No I'm not.
If I didn't do a lot of business with DEC I would have given up by now. I
first called them 2 years ago, and they told me they were selling their PCs
through vendors. I called the vendor they gave me. The representative came
in, and told me I could do better than DEC. I said `but I want DEC. Aren't
you a DEC supplier?' She said she was, but told me I could do better with
some Japanese model she had. She was so persistent, I finally asked her to
leave the store. You know, DEC should get to know the people they have
selling their stuff."
By this time I was fascinated. "Then what happened?" He said, "Well, IBM
came in, on their own. I told them what I wanted to do (and told them I
would probably buy DEC), but they did up a proposal and brought it in 2
weeks later. They were going to sell me 3 PCs and some software for $25K.
They called me by phone every two weeks after that. Very polite, but
very persistent."
"I was still determined to buy DEC, so I called again. They referred me to
someone in Marlboro. I called her and was told she was on vacation for 2
weeks. I waited the 2 weeks and called. She told me I had to talk to
someone else. I called them. They sent me back to her. By now I'm
frustrated; IBM is still calling every 2 weeks. Even my wife said to buy
IBM. `To h*ll with DEC if they don't have their act more together than
that.' But, I do a lot of business with DEC, and want to buy DEC."
I was in a hurry to go fix a leaky faucet, but was really engrossed. "So
what did you do?" "I did the only thing I knew to do," he said. "I called
Ken Olsen's office. I used to be his plumber and thought maybe he could get
me an inside track." (An inside track! To buy our computers!) "How long ago
was that?" I asked. "Oh, a few months ago. They're coming in this week. He
must've pulled some strings." "Yeah." I said. "He has a lot of power."
As I was leaving, he said, "I hear they're having more layoffs there." I
said, "Yes, probably. *You* shouldn't be surprised." He said. "No. Not
really."
|
92.395 | Why work to produce product that noone will sell? | STAR::SALKEWICZ | It missed... therefore, I am | Thu Apr 09 1992 18:23 | 10 |
| I got that a couple days ago and had to seriously restrain myself
from blowing a few head gaskets
I also could not enter it in here without losing my cool
This company, or more accurately, this companys sales and marketting
efforts are nothing short of laughable
/slightly_manic
|
92.396 | | TERAPN::PHYLLIS | fly through the night | Fri Apr 10 1992 13:07 | 4 |
|
$239M loss. Stock down to 48 1/4.
|
92.397 | not good | STAR::SALKEWICZ | It missed... therefore, I am | Fri Apr 10 1992 13:42 | 2 |
| Oh Lord
|
92.398 | more layoffs :-( | SELL1::ROBERTS | object may be closer than appears | Fri Apr 10 1992 14:24 | 22 |
92.399 | this is not good | AWARD::CLARK | I'm still alive | Fri Apr 10 1992 14:30 | 1 |
| Gulp.
|
92.400 | | SPICE::PECKAR | Shadow skiing the apocalypse | Fri Apr 10 1992 14:59 | 2 |
|
Whew. And I was bummed at having to sell stock last week at $54....
|
92.401 | more scary times ahead :-( | TERAPN::PHYLLIS | fly through the night | Fri Apr 10 1992 15:06 | 8 |
|
The rumors I've been hearing say we will cut by 20,000. 5,000 are
expected to take the early retirement package, so that leaves 15,000
layoffs.
:-(
|
92.402 | got out while the gittin' was good ... | CUPTAY::BAILEY | in search of a personal_id | Fri Apr 10 1992 15:23 | 6 |
| Wow ... talk about timing !!! Glad I got the new job offer when I did.
Of course, there's always a possibility of becoming a lay-off casualty,
but if I'd stayed in my old job it woulda been a dead-nuts certainty.
... Bobbb
|
92.403 | | RANGER::NOURSE | | Fri Apr 10 1992 17:56 | 1 |
| 44 5/8 - Glad I sold 2 wks ago!
|
92.404 | | SPOCK::IRONS | | Mon Apr 13 1992 13:32 | 5 |
| Sounds like our worst nightmare for our group may come true. We always
had a feeling we'd be asked to leave (somehow) after we slave and sweat
at DECworld. These layoffs come right on time.
dave
|
92.406 | deja vu ... deja vu | CUPTAY::BAILEY | in search of a personal_id | Mon Apr 13 1992 16:54 | 6 |
| RE .405
T!ng ... I posted that in here last week ... see reply .394.
... Bobbb
|
92.407 | | SKYLRK::TING | Give Peace a Chance!!! | Mon Apr 13 1992 20:53 | 7 |
| >re: T!ng ... I posted that in here last week ... see reply .394.
Oops, sorry!! I just got that in the mail. I must've missed it when
it was posted. I'll delete it...
peace,
t!ng
|
92.408 | :^) | ESKIMO::DWEST | Dont Overlook Something Extraordinary | Thu Apr 16 1992 12:55 | 28 |
| From the internet... forwards deleted...
----- M A J O R V I R U S A L E R T <-----
o George Bush Virus - Doesn't do anything, but you can't get rid of it until
November
o Ted Kennedy Virus - Crashes your computer but denies it ever happened
o Warren Commission Virus - Won't allow you to open your files for 75 years
o Jerry Brown Virus - Blanks your screen and begins flashing an 800 number
o David Duke Virus - Makes your screen go completely white
o Congress Virus - Overdraws your disk space
o Paul Tsongas Virus - Pops up on Dec. 25 and says "I'm Not Santa Claus"
o Pat Buchanan Virus - Shifts all output to the extreme right of the screen
o Dan Quayle Virus - Forces your computer to play "PGA TOUR" from 10am to 4pm
6 days a week
o Bill Clinton Virus - This virus mutates from region to region. We're not
exactly sure what it does.
o Richard Nixon Virus - aka the "Tricky Dick Virus" you can wipe it out, but
it always make a comeback.
o H. Ross Perot Virus - same as the Jerry Brown virus, only nicer fonts are
used, and it appears to have had a lot more money put into its development.
------- End of Forwarded Message
%%% overflow headers %%%
To: deleted
|
92.409 | sad sad sad | ZENDIA::FERGUSON | Business men drink my wine | Fri Apr 17 1992 01:57 | 7 |
| I heard that Bill Strecker has been asked to leave the company. Anyone else
hear this?
Bad news for DEC folks....
It is going to get only worse in the next quarter I think. There are so
many things broken in this company........
|
92.410 | | TERAPN::PHYLLIS | fly through the night | Fri Apr 17 1992 12:23 | 5 |
|
We were told that after the new org chart came out, and he no longer had
any top responsibility he resigned. Which is really the same thing.
|
92.411 | | LJOHUB::RILEY | Without a slip of the toungue... | Fri Apr 17 1992 13:23 | 7 |
|
Yes, I heard this on Wednesday. I have an opinion about this that I'm
not ready to share in a public notesfile... :^(
Folks, imho it's gonna be scarier than ever around here...
Tree
|
92.412 | Rumors get changed/diluted/twisted as they get passed around | MR4DEC::WENTZELL | Don't say I didn't warn you | Fri Apr 17 1992 13:39 | 6 |
| The Strecker thing is just a rumor at this point. Me thinks there are going
to be lots of rumors flying around in the coming weeks/months and if folks are
going to worry about things, it might be best to worry about that which we
know is true. No flames intended.
Scott
|
92.413 | | SPICE::PECKAR | | Fri Apr 17 1992 14:17 | 7 |
|
Yeah. Anybody else who saw that orgchart notice any other "ommisions"?
Where's Grant Saviers, for example???
Sorry, I deleted the copy I had...
|
92.414 | | CSLALL::HENDERSON | It's a big ol' goofy world | Fri Apr 17 1992 14:19 | 11 |
|
I agree...If I believed every rumor I've heard around here I would have been
hauled off by the guys in white coats a long time ago..things are going to
happen, but the best thing to do, IMO, is fasten your seat belt, hang on and
keep moving forward.
Jum
|
92.415 | | LJOHUB::RILEY | Without a slip of the toungue... | Fri Apr 17 1992 14:22 | 21 |
|
Well Scott,
No flames taken...
I agree wholeheartedly about not propagating rumors as truth. However,
this was reported to me as fact. I suppose it depends on how you
define "rumor".
If something is a rumor until it is officially announced and public
e-mail is sent in wide distribution proclaiming it as fact, then I'd
agree that this is still a rumor.
But I will clarify my source... My boss. and he got word from his
boss, who got word from his boss. A short staff meeting was called just
for the purpose of communicating this issue. So, it was certainly not
positioned to me as a rumor...
I just wanted to clarify my source to help clear the fog (not Fog)...
Treemon
|
92.416 | | LJOHUB::RILEY | Without a slip of the toungue... | Fri Apr 17 1992 14:25 | 5 |
|
And I agree with Jum too. Let's not let the thunder above us keep the
flowers from growing! :^)
Tree
|
92.417 | We've gots lots of work to be done, so lets get to it ! | SLOHAN::FIELDS | Its sad,so sad 'cus the Circus Left Town | Fri Apr 17 1992 14:44 | 6 |
| Well, if its gonna happen and you've made this far well so be it . I
for one hate the rumor BS all it does is brings people down and makes
the whole problem worse....so for this 10yr DECcie all I can say is
I'll believe it when I see it ! and try to make the best of it.
Chris
|
92.418 | | TLE::ABBOT | J. R. "Bob" Dobbs in 92 | Fri Apr 17 1992 14:45 | 6 |
| Well, I guess I can say this since it's been announced.
Bill Keating (head of SDT) has decided to take the early retirement
package.
Scott
|
92.419 | | TERAPN::PHYLLIS | fly through the night | Fri Apr 17 1992 17:34 | 5 |
|
Fog got the 2nd one conspicuously absent. The third is Dom LaCava. I
will not be surprised if all three leave.
|
92.420 | CNN "Day Break" ... good future for DEC predicted | AWARD::CLARK | I'm still alive | Mon Apr 20 1992 16:34 | 104 |
| I N T E R O F F I C E M E M O R A N D U M
Date: 15-Apr-1992 02:40pm EXT
From: DAVID FARMER @MKO
FARMER.DAVID
Dept: Networks Public Relations
Tel No: 603-884-4467
TO: Remote Addressee ( _delni::steffero )
Subject: CNN DAY BREAK - GLOWING DIGITAL COVERAGE
Bettianne,
Please forward this memo to Networks Marketing distribution list.
Thanks,
Dave.
#################
CNN's DAY BREAK ran a story on April 8, identifying Digital and
Hewlett-Packard to replace IBM at the pinnacle of the computer industry.
Attached are notes from about 1/2 of the story. "Brilliant investments in
network architectures" was stated as the primary reason.
The full context was focused on IBM's stock jump of 2 1/2 points and Merrill
Lynch's upgrade of IBM stock from "neutral" to "above average". CNN's guest,
Thomas Rooney, Technology Analyst from Donaldson, Lufkin & Jenrette said
emphatically that Merrill Lynch was wrong.
Thanks to Jerry Reitz for bringing the story to our attention and to Elizabeth
Reinhardt in Corporate Public Relations for tracking down the video.
I have the 3/4" video if anyone wants to see the full report.
Dave.
PARTICIPANTS Stuart Varney
Business Day
CNN
Thomas Rooney
Technology Analyst
Donaldson, Lufkin & Jenrette
CNN Arguably IBM was America's, if not the world's premier
company in the early to mid 80s. It has tumbled a long way
very quickly and you're saying it's not going to regain its
position?
Rooney I think this industry is so dynamic and the changes since
1987 and the move towards networked architectures are so
revolutionary that if you fall off the curve, it's very very
difficult to get back on ... particularly for a company of
IBM's size.
CNN IBM's stock yesterday was just shy of 85 dollars a share. You
wouldn't buy it at that level?
Rooney No. I think there may be a little bit of near-term upward
movement in the stock, but I think it's going to consistently
run into pressure as people come to grips with the longer
term problems.
CNN If IBM's lost its position at the pinnacle of the computing
business, who takes over?
Rooney We believe that DEC and Hewlett-Packard will emerge as the
new leaders among the large systems companies in the 1990s.
CNN What makes them look so good?
Rooney Both companies, again, made major transformations starting in
the late 80s. It's apparent that HP has been one of the best
performing computer stocks over the last 12 months. I think
It'll become more evident at Digital over the next year. The
company's made some very good investments in networked
architectures for the 1990s. Once they get their costs down,
those investments will start to roll through to the bottom
line.
CNN Hewlett-Packard's stock has reflected improved valuation from
the market, but DEC's has not. It's still around $53 a share?
Rooney Yes.
CNN Where do you think it's going?
Rooney My sense is that if you go back to the late 80s at the high
end, DEC was at about $200. I believe somewhere over the next
5 years we will see that high again, which is a substantial
... and people would look at it and scoff ... but I think DEC
made some absolutely brilliant investments that are beginning
to impact the P&L today.
CNN I think you've got the attention of our viewers on that one.
|
92.421 | WSJ article | MR4DEC::WENTZELL | Don't say I didn't warn you | Tue Apr 21 1992 15:07 | 114 |
| From: CADSYS::FORTY2::LEROUF::CASEE::VNS "The VOGON News Service 21-Apr-1992 1042" 21-APR-1992 05:40:14.13
To: VNS-Distribution
CC:
Subj: VNS #2560 Tue 21-Apr-1992
<><><><><><><><> T h e V O G O N N e w s S e r v i c e <><><><><><><><>
Digital - Disbands group, sidelines three officials
{The Wall Street Journal, 20-Apr-92, p. A3}
Move suggests air of crisis as concern reorganizes second time this year
Digital Equipment Corp sidelines three senior executives in the besieged
computer maker's second reorganization in as many months.
The surprise move underscored an air of crisis at the nation's second
largest computer maker, based in Maynard, Mass., and set the stage for a new
round of layoffs as it scrambles to staunch further losses.
Digital said it would disband a newly created engineering group and
distribute its tasks to marketing units, stripping chief engineer William D.
Strecker of his duties. While Mr. Strecker remains a vice president, he
appears to have lost the influence he wielded as a member of Digital's core
executive committee and a key architect of the VAX computers that fueled wild
growth in the 1980s.
Mr. Strecker, 47 years old, "has been part of the backbone of Digital's
culture for two decades," said Marc Schulman of UBS Securities Inc.
Also derailed in the move were F. Grant Saviers, who headed personal
computer and peripheral operations, and Domenic LaCava, who built computer
systems based on Unix operating software.
A spokesman portrayed the reorganization as an effort to bring product
engineering closer to customers. But to some, it suggested disarray. "It's
incredible," said Jay P. Stevens, an analyst with Dean Witter Reynolds Inc.
"They had just created this organization in February" and given Mr. Strecker
significant new responsibility.
But Digital was stunned by an unexpectedly deep third-quarter loss of $294.1
million, as revenue fell 7.6% to $3.25 billion for the period ended March 28.
When the loss was disclosed April 9, executives hinted at sweeping new
measures to restore profitability.
A senior Digital manager said president and founder Kenneth H. Olsen "feels
we haven't gotten the revenue growth we should have from the $1.6 billion a
year we've been spending lately on product engineering." Mr. Olsen had earlier
told managers he thought that $400 million could be squeezed from engineering
and research costs.
Some analysts said the moves may mean Digital is getting serious about
dumping strategies that haven't worked in today's intensely competitive
market. But others have lost patience with the slow pace of change and
Digital's reluctance to carry out tough actions they say are needed. "Please
tell us what you want to be when you grow up," asks analyst Shao F. Wang of
Smith Barney, Harris Upham & Co.
Analysts expect Digital to take its third major restructuring charge in the
fourth quarter, which ends June 30, to cover the cost of additional work force
reductions and plant closings. The company still had $694 million in reserve
as of March 28 - representing the unused portion of a $1.1 billion charge
taken in last year's fourth quarter - but now says it may need even more in
the coming year.
Digital has said dismissals will resume May 1 after it assesses the results
of an existing early-retirement program. Digital employed 116,000 people as of
March 28, down from a peak of 126,000 in 1989.
Mr. Stevens of Dean Witter expects Digital to take a new charge of at least
$800 million and figures the company will try to cut its work force to about
100,000 by next December 31. "There's only so much cutting you can do at once
without disrupting operations," he said.
Digital also may elect to take a separate charge to conform with new
accounting regulations for post-retirement health care costs, a move many
large companies have been forced to take in recent months.
Barry F. Willman, an analyst with Sanford C. Bernstein & Co., estimates the
added charge for post-retirement health care could total another $750 million,
prior to any applicable tax benefits.
In the engineering reorganization, disclosed Friday, two little-known
executives gained significant new responsibilities. Frank McCabe, who headed
a marketing unit responsible for large computer systems, will oversee most VAX
engineering. And Charles F. Christ, who ran the departmental and small to
mid-sized systems unit, has added personal computer and peripheral engineering
to his portfolio.
Two additional senior executives, manufacturing chief Robert Palmer and
software chief David Stone, also take on parts of Mr. Strecker's realm.
A spokesman said that Messrs. Strecker, Saviers and LaCava would likely find
new positions in the company. But it wasn't clear what roles they might play
and they couldn't be reached for comment.
Mr. Willman of Sanford Bernstein said Mr. Strecker's apparent demotion was a
surprise because he had been so influential and recently had a lead role
a close relationship with Microsoft Corp., a Redmond, Wash., computer software
maker.
Next Monday, Microsoft's chairman, William H. Gates, is expected to address
a huge Digital sales exposition in Boston to give details of the companies'
emerging relationship. Mr. Gates has said he wants to make Microsoft's
forthcoming Windows NT operating system software available on Digital's
next-generation computer design, code-named Alpha. The alliance is expected to
provide a strategic advantage to Digital as the first Alpha products become
available late this year.
The reorganization apparently shifts this relationship - and most other
operating-system software - to Mr. Stone's purview. The change is a welcome
one, says Mr. Schulman, the UBS analyst, because it recognizes software's
rising strategic importance to Digital.
"Software now drives corporate strategy, instead of hardware and software
being equal," Mr. Schulman said. That's a direct result of listening to
customers, rather than letting engineers dictate decisions. In that light, he
said, "these moves make good sense."
Terry Shannon, a consultant in Ashland, Mass., said he was surprised by the
changes, because he didn't think Mr. Strecker could be held responsible for
Digital's recent calamitous results. "He was in the wrong place at the wrong
time," Mr. Shannon said.
Separately, a Digital insider said Senior Vice President Winston R. Hindle
has taken on the duties of acting chief financial officer. Others said
efforts to find a successor to James M. Osterhoff, who resigned last year,
have begun to focus on outside candidates at the insistence of the board of
directors. Earlier, analysts had predicted that Digital's corporate
controller, Bruce J. Ryan, would be named.
Permission to copy material from this VNS is granted (per DIGITAL PP&P)
provided that the message header for the issue and credit lines for the
VNS correspondent and original source are retained in the copy.
<><><><><><><><> VNS Edition : 2560 Tuesday 21-Apr-1992 <><><><><><><><>
|
92.422 | What do you get when you take out your aggressions at your job? | CSCMA::M_PECKAR | | Tue Apr 21 1992 15:27 | 27 |
| This is kinda funny. The product is DEC's DECnet/SNA Remote Job Entry software.
:-)
<Mail headers deleted to protect the innocent>
Subj: thought you'd enjoy this excerpt from the new rje s9 kit description
3. There was a problem where the VMS Server could enter an erroneous
state while processing a READER stream which would cause it to
abort with the message
%SNARJE-F-TESTERR, try this on for size @#$%^&
A dump was often produced. Obviously, this text is a relic from
when the product was in development. The text has been changed to
%SNARJE-F-TESTERR, SNARJE$SERVER failed internal consistency test
Also, the condition that caused this message to be issued in the
first place should not occur. If it does, the message issued will
now be
%SNARJE-F-CDSFAT, FATAL internal error while processing FMH1/CDS
|
92.423 | not recommended in our current environment ... | CUPTAY::BAILEY | A pirate looks at 40. | Tue Apr 21 1992 15:33 | 6 |
| >> -< What do you get when you take out your aggressions at your job? >-
Well, in my case I got to find another job.
... Bobbb
|
92.424 | if ya can't laugh...... | SLOHAN::FIELDS | Its sad,so sad 'cus the Circus Left Town | Tue Apr 21 1992 17:51 | 24 |
| Subj: DEC reorganization ....
... and the new management team is ....
(####)
(#######)
(#########)
(#########)
(#########)
(#########)
__&__ (#########)
/ \ (#########) |\/\/\/| /\ /\ /\ /\
| | (#########) | | | V \/ \---. .----/ \----.
| (o)(o) (o)(o)(##) | | \_ / \ /
C .---_) ,_C (##) | (o)(o) (o)(o) <__. .--\ (o)(o) /__.
| |.___| /____, (##) C _) _C / \ () /
| \__/ \ (#) | ,___| /____, ) \ > (-0-) <
/_____\ | | | / \ /----' /___\____/___\
/_____/ \ OOOOOO /____\ ooooo /| |\
/ \ / \ / \ / \ / \
HOMER MARGE BART LISA MAGGIE
|
92.425 | What ees it man? | CSLALL::HENDERSON | It's a big ol' goofy world | Tue Apr 21 1992 18:33 | 10 |
|
What about Ren and Stimpy?
:^)
|
92.426 | | AWARD::CLARK | I'm still alive | Wed Apr 22 1992 13:19 | 3 |
| "Maybe ... if I assign them extra duties ... I can stop their -
DEC ... MADNESS"
-- Mgr Hoek
|
92.427 | | CSCMA::M_PECKAR | | Wed Apr 22 1992 13:48 | 9 |
|
Hey, keep those obscure Cable TV references outta this conf...
You bloated sack of protoplasm, you!
:-)
|
92.428 | surprisingly good news | DEMING::CLARK | accept STRESS into your life | Thu Apr 23 1992 19:58 | 13 |
| this just in from the DCU notesfile ...
results of DCU board election - new board of directors:
Dawkins *
Mann
Ross *
Gransweicz*
Millbury
Mceachin
Kinzelmann *
* = "REAL CHOICE" candidate; they win a MAJORITY!
|
92.429 | | LEDS::MRNGDU::YETTO | child of countless dreams | Thu Apr 23 1992 20:00 | 5 |
|
Alright!!! I am especially happy about Lisa Ross, who is the FA for my group!
Maybe now my needs truly will be heard .... Congratulations Lisa!!!!
|
92.430 | | LANDO::HAPGOOD | | Thu Apr 23 1992 21:00 | 25 |
| I'm back from *beautiful* North Carolina! Man is it gorgeous in the spring.
Give it a month and it'll be overwhelmingly hot though....
To the notes at hand -
I am a DCU member and I have mixed feelings about this; mainly from not
knowing any better/worse.
But I have to ask myself this; Does being a good computer engineer
or a good financial analyst for a computer corporation qualify you in
any way to be able to run a credit union.
Let's just hope that the "people's choice" know what's up, down, right,
and wrong.
bob
ps. so don't tell me that "oh how could they be doing a worse job" sort of
thing because that's not my point :) Just asking how being qualified to
design, write software, track expenditures etc etc makes one able to run a
large C.U.
??
|
92.432 | | LANDO::HAPGOOD | | Fri Apr 24 1992 15:02 | 6 |
| Thanks Marv for the answer. I didn't know what they did
and if you needed to be financially qual'd.
thx again
bob
|
92.433 | Careful, or we'll end up in the same mess again... | SMURF::GRADY | Short arms, and deep pockets... | Fri Apr 24 1992 16:56 | 13 |
| I would think that the BOD of the DCU should have some financial experience,
though. I mean, look at what happened. They hired a professional CEO whom they
trusted to invest our deposits wisely. He brought to them what in all likelihood
looked like a good deal, at least as he presented it, and then he basically
f*cked them (and us).
Or, looking at it post facto, we're pissed at the old BOD for not keeping a
closer watch on this clown. Without a financial background, and keep in mind
most of the old BOD did have a financial background, it could be pretty hard to
snag the next scumbag....metaphorically speaking, of course ;-)
tim_who_spent_alot_of_time_around_Centrust_Savings_in_Miami_just_BEFORE_they_got
busted_in_the_S&L_debacle
|
92.434 | i think it's about honesty and communications... | ROULET::DWEST | Dont Overlook Something Extraordinary | Fri Apr 24 1992 17:37 | 12 |
| i thought that the problems with the BOD weren't so much that they
didn't catch this guy in advance, so much as when it became evident
that he was a crook they chose not to share informatin with the members
and then raise the rates to the members to cover anticipated losses?
imho (take this one lightly considering my personal financial
experience :^) anyone slick enough can put it over on the board...
but when they know something like that which is obviously of importance
tto the members, they shoudl be open and honest about the state of
things in OUR credit union...
da ve
|
92.435 | | SMURF::GRADY | Short arms, and deep pockets... | Fri Apr 24 1992 18:04 | 10 |
| Good point.
I had the impression that they just rubber stamped a rather blatantly stupid
loan that he brought before them as an 'investment'. I'm not exactly on the
edge of my seat with this case, though.
I mean, like me, DCU only waves at my money as it passes through on it's way to
the rest of the world. I'm just trying to keep them from skimming. ;-)
tim
|
92.436 | I wish them well ... but not with my money | SHALOT::LAMPSON | If you read this, you're too close! | Fri Apr 24 1992 21:20 | 19 |
| >> I mean, like me, DCU only waves at my money as it passes through on it's way to
>> the rest of the world. I'm just trying to keep them from skimming. ;-)
I believe that was another point of the election. Credit Unions
are not supposed to be run like banks. They are only supposed to
make a profit in the sense that the profit is shared with the
members. Credit Unions are supposed to be a "benefit" to the
investors (who are the members) and are not supposed to finance
"investments" ... especially risky ones.
Since I cannot get a car loan or mortgage through DCU (living in
NC) and since they have not returned "profits" to members since
before 1986 and since they chose to reorganize their fees, I chose
to cancel my membership. If they ever become profitable enough to
be able to afford to expand their benefits again, maybe I'll
rejoin, but I doubt it. I prefer banking with a human being, not
through an ATM or Post Office.
_Mike
|
92.437 | Get a rope, and find a tree... | SMURF::GRADY | Short arms, and deep pockets... | Sat Apr 25 1992 14:21 | 18 |
| Yea, when I was living in Florida, I used local banks instead of DCU.
It just didn't make sense to have an out-of-state bank for day-to-day
things. Now that I'm back in New England, though, it's handy to have
them around - no checking fees (yet), interest on my checking (so far)
and overdraft protection (most of the time) are helpful.
The rate of return on typical deposits are a joke, but they are that
way almost everywhere. The thing is, if they start charging service
fees and such, I might as well use a real bank. DCU doesn't exactly
maintain a presence on every street corner - they're short on the
convenience side, even in N.H./Mass....
I hope the new board can clean things up - maybe they can sue Mangone
to recover some of their (and OUR) losses...that would be nice. I'm
sure he's got a few bucks, and I have no problem with him losing all of
it.
tim
|
92.438 | Mangone won't have much left | MR4DEC::WENTZELL | Don't say I didn't warn you | Mon Apr 27 1992 10:22 | 17 |
|
>I hope the new board can clean things up - maybe they can sue Mangone
>to recover some of their (and OUR) losses...that would be nice. I'm
>sure he's got a few bucks, and I have no problem with him losing all of
>it.
Lawsuits have been filed from all angles, but I doubt anyone will see much cash
from it. Mangone has allegedly been gambling it all away, before and after he
was President of DCU. Reading the newpaper reports (mostly from the Cape Cod
Times as posted in the DCU notesfile), it would seem he's been blowing through
serious cash very quickly and has a serious gambling problem. He has been
under court order to live on no more than $8,000 a month (gee, I don't know if
I could handle that ;^)) since this all came to light and he hasn't been able
to. Now the court has ordered that he not be allowed to travel to any state
with legalized gambling as well as not out of the country.
Scott
|
92.439 | | CXDOCS::BARNES | | Mon Apr 27 1992 14:20 | 5 |
| maybe we could get Mangone to come gamble in Cripple Creek (limited
stakes gambling allowed this year) and we could give him an ole
fashioned Colo Tar-n-featherin!!!
?cowboy? rfb
|
92.441 | The phone number is also a clue... | 11SRUS::MARK | Waltzing with Bears | Tue Apr 28 1992 00:12 | 12 |
| Re: .440
Cute! And only 26 days too late. It's subtle enough that a fair
number of people might take it seriously, particularly if they skim past the
bit about adding four bits to the router hardware.
Seriously, cisco does have a fair number of 20 hackers. I was out
visiting Kevin Herbert shortly after he went to work for them, and they had
some 20s in their lab.
Mark
|
92.442 | | SMURF::GRADY | Short arms, and deep pockets... | Tue Apr 28 1992 14:24 | 10 |
| Bill Foonley writing a press release, huh?
And Len Bosack stealing KL-10 code to run on a 68020? I don't think
he'd find that funny...but who knows, we all mellow with time.
Did Len really start another new company called XKL? Hadn't heard
about that one.
tim_Software_Engineer_Tops-20_Monitor_group_1983-1985
|
92.443 | BTW, I like Ken's 'function' :^/ | MR4DEC::WENTZELL | Don't say I didn't warn you | Wed Apr 29 1992 21:02 | 46 |
| KO announcement on Bill Strecker's new job...
<headers removed>
From: NAME: Ken Olsen
FUNC: Administration
TEL: 223-2301 <OLSEN.KEN AT A1 at CORA @ CORE>
Date: 29-Apr-1992
Posted-date: 29-Apr-1992
Precedence: 1
Subject: ANNOUNCEMENT 2
To: See Below
I am pleased to announce the appointment of Bill Strecker as Vice
President, Chief Technology Officer and member of the Executive
Committee. This new leadership role will include:
o Expert advisor to the Digital Senior Management Team on
strategy and technology issues involving alliances,
acquisitions and the integration of Technology, Products,
Services and Markets.
o Senior Digital spokesperson to major customers in explain-
ing/positioning Digital's Technology strategy.
o Senior Digital technology representative and spokesperson to
industry, government, education and analyst groups.
o Chief technology advisor/consultant to the Digital technical
community, including Systems Integration, Services and
technology development.
With the rapid changes and increasing complexity of technologies,
markets, competition and alliances, this new role has particular
significance. I am especially pleased we can count on Bill's
leadership, experience and insight to assist the company in meeting
these significant challenges.
Please join me in congratulating Bill on this new and critical
responsibility.
To Distribution List:
removed
|
92.444 | Pop Quiz: | SMURF::GRADY | Short arms, and deep pockets... | Thu Apr 30 1992 17:16 | 6 |
| Ok,
Who out there remembers Stan Olsen?
tim
|
92.446 | | SLOHAN::FIELDS | Its sad,so sad 'cus the Circus Left Town | Thu Apr 30 1992 18:25 | 1 |
| no its Mrs Olsen the Folgers coffee lady's son !
|
92.447 | | MR4MI2::REHILL | Call me Mystery Hill | Thu Apr 30 1992 20:55 | 7 |
|
Anyone who admits to remembering Stan Olson would have to be at least
as old as Tim Grady, and I don't know anyone who matches that
description in this file......
|
92.448 | | CXDOCS::BARNES | | Thu Apr 30 1992 21:00 | 2 |
| HA!!!!!!!!!!!!!!!!!
rfb with more gray hair than Tim but younger!
|
92.449 | | CSLALL::HENDERSON | It's a big ol' goofy world | Thu Apr 30 1992 21:13 | 20 |
|
RE: <<< Note 92.447 by MR4MI2::REHILL "Call me Mystery Hill" >>>
> Anyone who admits to remembering Stan Olson would have to be at least
> as old as Tim Grady, and I don't know anyone who matches that
> description in this file......
Well, I remember Stan Olson :-Q
Jum
|
92.450 | | LANDO::HAPGOOD | | Fri May 01 1992 12:38 | 9 |
| When did Stan O leave DEC?
While I can't say I remember him I may have been here that long.
No gray hairs (well only a few)...just another babyface :)
bob
|
92.451 | | DECWET::HAMBY | | Fri May 01 1992 17:47 | 10 |
| Richard Nixon has a brother named Donald, rarely noticed during
Nixon's presidency and invisible afterwards. Billy Carter was rather
more conspicuous.
I thought we were supposed to forget Stan Olsen until I got something
in the mail containing a picture of him.
How many of the Dead have siblings?
John
|
92.452 | | MR4DEC::WENTZELL | Don't say I didn't warn you | Mon May 04 1992 12:39 | 163 |
| [forwarding header deleted]
I N T E R O F F I C E M E M O R A N D U M
Date: 13-Apr-1992 06:32pm CET
From: Ken Olsen
OLSEN.KEN AT A1 at CORA @
CORE
Dept: Administration
Tel No: 223-2301
TO: See Below
Subject: PROFIT PLAN FOR THE BOARD OF DIRECTORS
3
The Board of Directors is requesting a plan that will make us
profitable. We should make a first pass at this at the 23 April
1992, Board meeting. We should show how we will be immediately
profitable, and how we will be profitable in the next six
quarters. We will break the Company into the obvious pieces and
have the appropriate people make the presentations, or, in order
to save time, we might have someone summarize the information in
one presentation.
I. CORPORATE STRATEGY
The Corporate strategy is to always strive for
efficiency and effectiveness, and to cut out unnecessary
expenses. We work particularly hard at this during slow economic
times and we have a lot more to do during this recession.
However, the Corporate strategy, during a recession, is
to continue product development at a high level and to continue
support of our customers even when they are not in a position to
purchase. In order to do this, we must maintain a very
conservative balance sheet so we can continue these investments
and exploit them when the recession is over.
It is this strategy of supporting customers, developing
products and maintaining a growth during a recession that has
made us number two in the computer business.
II. PROPER PRESENTATIONS
I would like Win Hindle to organization the proper
presentations and decide who should speak and where we should
summarize.
A. The first presentation should be the ALPHA business
plan. I would like all ALPHA projects from the different areas
of responsibility presented as one business plan. I do not want
this to be a justification of the ALPHA program because it will
not pay off until after six quarters. Instead, this should be a
documentation of the investments we have made and will make
during the next six quarters and a model which shows that all our
decisions fit together in a consistent plan.
I do not want to avoid the question of eventual
profitability but that is not the presentation we are making at
this time, and it might take us a long time to agree on a set of
guesses that would justify the investment. For now, I am willing
to say we believe it is in the long term interest of the Company
to continue, but I definitely want it to be very clear how much
we are investing and that these investments are consistent with
each other.
B. GIS
I would like Frank McCabe to lay out the budget for
his new team. He should figure last year's cost and how much we
can save next year by cutting out unnecessary products and
developing efficiency by cutting out operations that are not
necessary. However, we should particularly concentrate on how we
are going to sell more by engineering our products completely and
by making them easy to sell, making products the customer needs
and wants and, in general, helping the sales person.
C. Small and Medium Enterprise, Office and
Workstations
The same should be done for Charlie Christ's
organization. His operation will be largely re-doing products
that are new. There will be fewer products that should solve a
wide range of problems in a very simple, prepackaged form. I
would like to define Fault Tolerant as one of his Office
products, even though it is in and should continue to be in Frank
McCabe's group.
Charlie might detail how we expect to save and make
money on workstations. The ALPHA workstations will, of course,
be in the ALPHA program. Some workstations should probably be
cut out because they are not needed or are not competitive. We
can tell how we will do the next go around of workstations in
modular form so we can do many of the pieces only once and use
them everywhere.
Charlie should also tell how we will aggressively
sell workstations and get the software and operating systems
necessary to make them effective.
C. Marketing
Bill Johnson should go over his budget, explain how
he will save money and how he probably will spend more money to
do more marketing and how the apparent business model of the
Corporation shows that a small investment pays off. However, he
should linger on how he is going to save money.
Bill should also spend time showing his Corporate
advertising plan and how it fits into a profit making scheme.
D. Engineering
I would like Jack Smith to go over all the things
in Engineering that are not covered by the above and explain how
they fit and what we will do with them in the next six quarters.
E. Systems Integration
Russ Gullotti should do the same and tell what he
is doing to be more effective, the investment he is making, the
costs he is cutting and how his multitude of operations will be
more effective.
H. U.S., Europe and GIA
The three Areas should probably consolidate their
presentation and it probably should be presented by Don Zereski.
They should cover, by Area, the costs, what it costs us to
prepare bids and follow through with them, what it costs us just
to support the customer, how much we are investing to support
customers who cannot purchase at this time but we think it is a
good investment. If at times we are cutting support and we think
it is poor business, this should be mentioned also.
I. Overhead and Manufacturing
The overhead in the rest of the company and the
things we are doing in Manufacturing we will save for another
time. Up until now, every time we want to save money, we
concentrate on overhead in manufacturing. This time, I want to
concentrate on how we can generate both more and better products.
J. Software
I think it would be appropriate if David Stone
summarized all the individual business plans for writing systems
software and protocols, and all the application work being done
in the Company. Much of this does not report to David, but I
think it would be good for one person, like David, to do the
summary.
The Board has asked for much more detail, for more numerical
analysis, to give them the feeling for our thoughts and the fact
that we do analyze what we are doing.
KHO:eh
KO:6944
(DICTATED ON 4/12/92, BUT NOT READ)
|
92.453 | the story of David and (the) Goliath ... | CUPTAY::BAILEY | A pirate looks at 40. | Mon May 18 1992 13:14 | 98 |
| [headers deleted]
Forbes article on recreating Digital
Digital - Re-creating DEC
{Forbes, 30-Mar-92, p. 124}
By Esther Dyson, editor & publisher of the newsletter Release 1.0
God could create the world in only six days because He didn't have an
installed base. That's computer industry wisdom. And that's why the
Lord was so creative: He started from scratch. In computing, too,
success usually goes to new companies, which, lacking installed bases,
don't have a vested interest in old ways.
Consider Digital Equipment Corp., once an upstart in a world
dominated by mainframes. As the pioneering minicomputer company, it
created a new order. Over a 35-year history, DEC was a stellar
performer, and, like today's hero Microsoft, it went from infancy to
adulthood with its founder at the helm.
But that old demon success, in the form of installed base, has
caught up with DEC. Its customer base of thousands and its $14 billion
revenue base represent a mountain of inertia.
DEC's guiding genius, Chief Executive Kenneth Olsen, 62, made some
missteps in the 1980s. First he pooh-poohed the personal computer, then
open systems, then reduced instruction set computing. On all three
scores he was wrong.
Is DEC about to wither away? Scarcely. The company may yet overcome
the burden of its success.
Two things are significant. One: Olsen is willing to admit past
mistakes and start over. Thus, Digital's dazzling new supercomputing
chip, the Alpha, will deliver its 400 million instructions per second
of performance by relying on a reduced instruction set, the approach
pooh-poohed by Olsen years ago.
Second, Olsen is remaking the company to focus separately on
hardware and software.
It was back in 1984 that Olsen first told an annual meeting, "DEC is
a software company." It remained chiefly a hardware company. But this
January, after closing out a quarter with a $138 million loss, Olsen
formally established a tangible plan for DEC's software strategy, and
put David Stone, 50, in charge as vice president of software
engineering.
While keeping its hardware business as a hardware business (and even
going into commodity PCs, a step it may regret), the company will "take
its software and get a greater reward for it by spraying it everywhere,
even on non-Digital platforms," says Stone. Digital has, for example,
recently sold software to Olivetti for use on Olivetti machines and
sells software directly to users for use on Sun workstations, Says
Stone, "That [$138 million] loss was a tremendous agent for change." So
is Stone himself. With the company since 1970, he nevertheless comes
from the outside in an important sense: He spent 1974 to 1990 in
Europe, rising through the ranks and overseeing everything from
software services and marketing to a 1,000-member engineering staff.
Unlike colleagues who spent a lot of time talking to each other and to
existing customers, Stone spent more time talking to people outside
DEC.
Stone is also an outside in another important way: He's a software
guy - a fairly uncommon type at DEC. It's not that DEC doesn't know how
to develop or even sell software, but it doesn't know how to manage a
company that's based upon software.
"For the first time," says Stone, ""we realize we have to separate
the business into two models. Hardware is a commodity where you need
high market share and low R&D. Software is different. You need to spend
twice as much, maybe 15% of revenues, on R&D, and you need to treat it
as a high-value-added service. We were giving away our expertise to
sell hardware, and other [hardware] people could undercut our price
because they didn't have all the software costs."
That's pretty elementary stuff, and even Digital sort of knew it,
but the company didn't act on it the way it compensated its salespeople
and set its budgets. Now, says Stone, "We've got the profit feedback
loop about 75% right - and climbing."
In the long run, Stone believes, people will buy computer processing
power and data communications delivered through a wire in the wall or
waves in the air, just as they get electricity and radio communication.
Unlike electricity, data processing will come in a variety of flavors -
for example, bookkeeping, forecasting, document retrieval. But most
interesting will be functions best performed by a third party:
inventory management between supplier and customer, invoicing and
bill-paying, industry data collection, automatic document translation
and so on.
Stone wants DEC to move into this business, leapfrogging competitors
that still look at software as packages. He sees a battle shaping up
much like the over over telephone switchboards. In the past corporate
telephone users switched from Centrex in order to manage their calls
internally and bought their own switchboards. But now the Centrex
approach - moving the switchboard electronically onto phone company
property - is back in style, as organizations expand geographically.
Under new brand names, the Centrex approach now offers new services,
such as cross-country call-forwarding, caller identification and other
services that span more than one site or more than one company.
In similar fashion, the great majority of corporate computer users
have preferred to have their computers on-site. DEC wants to fight back
by selling not just switchboards (or computers) but also Centrex-style
software service. For example, a DEC software service center could
fetch electronic invoices from your customers and consolidate them into
an order delivered to your factory floor. The Lord created the earth in
six days. Things are even more foreshortened in toady's computer
industry.
|
92.454 | NEone know what book is these days??? | CSCMA::M_PECKAR | spinning that curious sense | Thu May 21 1992 19:28 | 5 |
|
DEC 41 1/4 -1 @2:44 PM...
|
92.455 | :^( | STUDIO::IDE | now it can be told | Thu May 21 1992 19:31 | 5 |
| FYI: the "d" (I think it's d in the Globe anyway) you see next to DEC's
stock listing in the daily paper means new 52 week low. It appears
almost daily.
Jamie
|
92.456 | | TERAPN::PHYLLIS | fly through the night | Thu May 21 1992 20:11 | 14 |
|
FYI..
Investor Services will now accept sell requests prior to the buy date.
So, you can send an email to them today that says: Immediately sell all
shares bought in my name on June 1, 1992
and they will, and you'll guarantee yourself your 15%.
I wish I could afford to leave the stock alone now. Eventually it will
go back up (when is alpha supposed to ship?), and we're gonna get it so
cheap this time - it would be a great investment.
|
92.457 | True Facts Dept | CSLALL::HENDERSON | Its a big old goofy world | Fri May 22 1992 15:58 | 80 |
|
Got this memo today, forwardings have been removed.
Jum
Dept:
Tel No:
TO: See Below
Subject: FYI - MOUSE BALLS
*************************************************************
xxxxxxx, this is the craziest retain announcement that I have ever seen.
What is so crazy is that it is for real!!!! Read it with a sense of humor!
***************************************************************
ESD PRODUCT SERVICE SUPPORT
SUBJECT:NEW RETAIN TIP
Record number: H031944
Device: D/T8550
Model: M
Hit count: UHC00000
Success count: USC00000
Publication code: PC50
Tip key: 025
Date created: O89/02/14
Date last altered: A89/02/15
Owning B.U.: USA
Abstract: MOUSE BALLS NOW AVAILABLE AS FRU (Field Replacable Unit)
TEXT:
MOUSE BALLS ARE NOW AVAILABLE AS A FRU.
IF A MOUSE FAILS TO OPERATE, OR SHOULD PERFORM ERRATICALLY, IT MAY
BE IN NEED OF BALL REPLACEMENT. BECAUSE OF THE DELICATE NATURE OF
THIS PROCEDURE, REPLACEMENT OF MOUSE BALLS SHOULD BE ATTEMPTED BY
TRAINED PERSONNEL ONLY.
BEFORE ORDERING, DETERMINE TYPE OF MOUSE BALLS REQUIRED BY EXAMINING
THE UNDERSIDE OF EACH MOUSE. DOMESTIC BALLS WILL BE LARGER AND HARDER
THAN FOREIGN BALLS. BALL REMOVAL PROCEDURES DIFFER, DEPENDING UPON
MANUFACTURER OF THE MOUSE. FOREIGN BALLS CAN BE REPLACED USING THE
POP-OFF METHOD, AND DOMESTIC BALLS REPLACED USING THE TWIST-OFF METHOD.
MOUSE BALLS ARE NOT USUALLY STATIC SENSITIVE, HOWEVER, EXCESSIVE
HANDLING CAN RESULT IN SUDDEN DISCHARGE.
UPON COMPLETION OF BALL REPLACEMENT, THE MOUSE MAY BE USED IMMEDIATELY.
IT IS RECOMMENDED THAT EACH SERVICER HAVE A PAIR OF BALLS FOR
MAINTAINING OPTIMUM CUSTOMER SATISFACTION, AND THAT ANY CUSTOMER
MISSING HIS BALLS SHOULD SUSPECT LOCAL PERSONNEL OF REMOVING
THESE NECESSARY FUNCTIONAL ITEMS.
P/N33F8462 -- DOMESTIC MOUSE BALLS
P/N33F8461 -- FOREIGN MOUSE BALLS
USERID (RSSTEWART) NODEID (BCRVM1)
INT.ZIP 1225, DEPT 2AW, TL 443-4597 (407-443-4597)
ESD PRODUCT SERVICE SUPPORT, BOCA RATON, FL.
|
92.458 | | SALEM::BURNS | world peace begins at home :^) | Fri May 22 1992 16:15 | 1 |
| I'm roaring :^) :^) :^)
|
92.459 | | CSCMA::M_PECKAR | spinning that curious sense | Fri May 22 1992 16:55 | 5 |
|
That memo is a myth. I believe it is based on a similar memo, but with
a heck of a lot less innuendo. It also is very much changed from when I first
saw it several years ago...
|
92.460 | that one already made the rounds some time ago | CUPTAY::BAILEY | A pirate looks at 40. | Fri May 22 1992 17:16 | 5 |
| Yup ... that one went thru the network at least two or three years ago.
Last time I saw it, it was done up like it was from IBM.
... Bobbb
|
92.461 | define myth | STAR::SALKEWICZ | It missed... therefore, I am | Fri May 22 1992 17:38 | 4 |
| The one from IBM was real,.. and so could this one be,...
/Bill
|
92.462 | | CSLALL::HENDERSON | Its a big old goofy world | Tue May 26 1992 12:52 | 10 |
|
Oh well. Should have figgered as much I guess..
Jum
|
92.463 | | ZENDIA::FERGUSON | Villains always blink their eyes | Tue May 26 1992 12:55 | 4 |
| The mouse balls article comes around every year or so, as some have already
pointed out.
|
92.464 | | NRSTA2::CLARK | Alice Ghostley rules | Tue May 26 1992 13:49 | 1 |
| BAD Jim! Bad!!! ;^)
|
92.466 | tip o'Hat ! | SLOHAN::FIELDS | Its sad,so sad 'cus the Circus Left Town | Mon Jun 01 1992 14:17 | 11 |
| on the Serp deal...well last friday here at SHR1,2,3 @75 people left
DEC for the last time....Personal threw a party in the cafe with live
bands the 1st group was West & Russo !! yup our very own ! da ve and
Hogan put on a very nice 45 minute set of covers and da ve originals
I would like to thank them so very much for taking the time to do this
for the great people that left the company....again thanks to both of
you !
Chris
|
92.467 | | ZENDIA::FERGUSON | Villains always blink their eyes | Mon Jun 01 1992 15:01 | 5 |
| Only one person in my group did the SERP thing. She is one of our group
secretaries. Today, she is back on temporary assignment, so, she did not
really go away, yet (critical need, I guess).
other then that, i've not been affected by this at all (yet).
|
92.468 | SERPING | GRANPA::TDAVIS | | Mon Jun 01 1992 15:16 | 3 |
| We had 4 people go in our group of 48. We are all based in the field
(Credit&Collections). Some of our best people headed down the road,
we were all feeling bad. Not sure what I would do had I beeen of age.
|
92.469 | | SMURF::GRADY | Short arms, and deep pockets... | Mon Jun 01 1992 15:28 | 18 |
| I had an unusual SERP-related experience. Nobody I knew in ZKO left on
Friday, but that's mostly because I don't know many people there.
Saturday evening I went down to see Pousette-Dart Band at the OVK and
checked into a very inexpensive, small, new place called the
Westborough Inn, only a few blocks' easy walk to the OVK.
It's a really neat little place, and it was only $39+tax for the night
(which beats driving to Amherst NH at 1am)...And as I was told later on
by the Rehills, the Westboro Inn is owned by a SERPing DEC
ex-librarian, Claire Davis, and her husband.
So, to plug for a former DEC person, and a very nice lady, I highly
recommend this place if you're going to Westboro for any reason, but
especially for close proximity to the OVK. It's a nice, clean,
inexpensive place.
tim
|
92.470 | Pousette Dart band? | EBBV03::SMITH | doin my very best, to be just who I am | Mon Jun 01 1992 18:47 | 6 |
|
Pousette Dart Band??
Did they do amnesia???]
I love that song!
|
92.471 | | SMURF::GRADY | Short arms, and deep pockets... | Mon Jun 01 1992 18:51 | 8 |
|
> Did they do amnesia???]
Yes. It was a terrific show. Their last before going to Nashville to
do a new album. I'm particularly fond of the OVK, too.
tim
|
92.472 | SERP Results | GIAMEM::CONNORS | | Mon Jun 01 1992 19:03 | 41 |
| Subj:
Voluntary retirement program ends
The voluntary Special Early Retirement Program (SERP) has had a
significant impact on Digital's workforce. Some 3,700 employees took
advantage of the program, which ended May 29. It was offered to about
7,000 U.S. employees who, as of May 31, were at least 50 years old with
five or more years of service, or at least 60 with one or more years of
service to Digital.
Just about everyone I've talked with said they're leaving feeling
very positive about the experience," said David Landry, U.S. Transition
manager. "The majority of employees who elected SERP would not have been
eligible for the normal early retirement policy. Under SERP, they
received an improved pension benefit, lifelong medical and dental
coverage, continued life insurance, and outplacement assistance."
Annette Albright, U.S. Employee Relations manager, said a Retiree
Relations
Program Office has been created in response to the needs of our
expanded retiree population. "We are saying goodbye to many colleagues
and friends who have dedicated years to Digital's success," she said.
"We wish them success in their new pursuits, but we also want them to
have lasting bonds with the company.
"All retirees are potential good-will ambassadors for Digital. We want
to establish a contact place within the company through which we can
communicate with retirees to our mutual advantage," Annette said.
Each retiree received a watch and a gold badge which enables them to
use company facilities.
A small number of SERP retirees will be finishing critical work at
Digital as external contracts or consultants, according to Dick Farrahar,
vice president, Personnel.
"They will be working to close out business that was important to
Digital and most of their work will be finished in a month or two,"
he added.
[EOB]
|
92.474 | notice that it isn't dated? | PIPE::SPINE | | Mon Jun 01 1992 20:13 | 7 |
| The downsizing announcement posted by Verga::Stanley in .473 is
LAST YEAR'S ANNOUNCEMENT!!!! It is NOT current! It is also going
'round and 'round in e-mail. Disregard it!
Jeesh...it's tense enough around here!
tms
|
92.475 | Mod in action | SLOHAN::FIELDS | Its sad,so sad 'cus the Circus Left Town | Mon Jun 01 1992 20:17 | 10 |
| tms,
is this true if so maybe .473 should be deleted so not scare the
sh!t ou of people....Mary or Dave (can't remember whos who) could
you just check this with someone in the know and delete your note
if it is incorrect...
Thanks
Chris
|
92.476 | | VERGA::STANLEY | what a long strange trip it's been | Mon Jun 01 1992 20:25 | 5 |
| It was sent through my group just today and was sent as a current
notice. I'll delete it though. Everyone who received it here thinks
it is current .. sorry for posting it.
Mary
|
92.477 | | PIPE::SPINE | | Mon Jun 01 1992 20:31 | 35 |
| Mary...I didn't mean to jump on your case or anything. We need quick
spreading of this kind of info...when it's real!
For one -- check VTX Livewire for yourselves -- it ain't in there, yet
that's the heading on the mail that's making the rounds. It looks like
Mary or someone before her cut that line out of what was posted here.
For another...
From: CLT::PIPE::FREAN "dtn 1-2235 01-Jun-1992 1605" 1-JUN-1992 16:05:46.17
To: @SUE_OTHERS
CC:
Subj: layoffs READMEFIRST ... possible disclaimer
From: KOBAL::PROSE::EPPES "Do not try this at home. 01-Jun-1992 1514" 1-JUN-1992 15:18:59.14
To: FYI
CC:
Subj: FYI: "U.S. downsizing notice" apparently from last year
Hi, all. A correspondent has informed me that the downsizing notice from
LiveWire is from *last year's* layoff ("note there is no mention of previous
involuntary layoffs, just two voluntary layoffs--that was TFSO 1 and TFSO 2"
said the correspondent).
I am trying to track down whether this is true (like it's my job, sigh...), but
it's certainly the case that the announcment is *not* in today's LiveWire as of
this sending. (I did check VTX before I forwarded that message, and I thought
maybe my VTX infobase hadn't been updated yet or something.)
So I just wanted to let you know. If I find out anything more, I'll pass it
on. In the meantime, it appears that you should take this notice with a grain
of salt...
-- Nina
|
92.478 | a message to all noters of GRATEFUL | SLOHAN::FIELDS | Its sad,so sad 'cus the Circus Left Town | Mon Jun 01 1992 20:31 | 6 |
| No reason to be sorry Mary, I just wanted to make sure the INFO in the
note was correct I know the package is back on as most everyone in DEC
should know...tms might be wrong too (heaven forbid!) but just to have
non rumors running around please make sure its correct info, it wouldn't
be the 1st time and Im sure it won't be the last we see info on the
package.
|
92.479 | but today's boston glob says wait till july... | PIPE::SPINE | | Tue Jun 02 1992 13:12 | 127 |
| This is the latest info that I have received...this indicates that it
was a hoax. Jeesh...
tms
From: CLT::PIPE::FREAN "dtn 1-2235 02-Jun-1992 0903" 2-JUN-1992 09:04:00.23
To: @SUE_OTHERS
CC:
Subj: Downsizing memo was invalid
From: KOBAL::PROSE::EPPES "Do not try this at home. 01-Jun-1992 1719" 1-JUN-1992 17:26:10.28
To: FYI
CC:
Subj: FYI: Proof positive that the downsizing notice is a rerun
[So it was a year and a half ago, okay? :-) -NE]
[P.S. Research by Tom Blinn turned up the fact that this notice was sent out
again last week by a SERPer (SERPee?), for unknown reasons.]
From: MEIS::MARSHALL "The Riders are back and Teaspoon shaved!! 01-Jun-1992
1637" 1-JUN-1992 16:37:59.51
To: PROSE::EPPES
CC: MARSHALL
Subj: hoax memo, version 1.0
Nina,
I also read the alleged hoax memo and the responses in the notesfile pointing
out it was old news. I looked in my DEC mail folder and found the following
message. The times seem to match and the text is exact. So, I think we can
conclude that it indeed is old news, a rerun if you will.
Ed Marshall
(who grew up watching Barnaby Jones, Frank Cannon, and Harry O...)
-------------------------------------------------------
From: BOOKIE::EPPES "It was one of those days that follow the night
09-Jan-1991 1724" 9-JAN-1991 17:49:46.06
To: FYI
CC:
Subj: It's official: layoffs
From: TSGDEV::BRODERICK "Just say NO to PKO! 09-Jan-1991 1714" 9-JAN-1991
17:18:05.99
To: @MAIL$ALLUSERS
CC: BOOKIE::EPPES,BRODERICK
Subj: hot off the press (layoffs!)
From VTX Worldwide news...
New phase of U.S. downsizing announced
Increasingly intense competitive pressure within the computer industry --
business practices, technological advances and manufacturing efficiencies --
are placing added pressures on the company's cost structure, in spite of
ongoing cost reduction efforts that focused on increased productivity and
efficiency and two voluntary downsizing programs.
An analysis of the results of these efforts has been completed and was
reviewed this week by the Corporate Operations Committee and the Executive
Committee. This analysis shows that those cost reduction efforts, while
impressive, have simply not been enough, in light of the increased pressures
applied by economic conditions.
As a result, a new phase of the U.S. downsizing effort, involving involuntary
selection methods, has been approved effective immediately. The decision to
move into a new phase was finalized yesterday.
As we move ahead into this phase, it is critical for everyone to try to
grasp the full impact of the intense competitive and economic forces at
play. Those pressures are driving fundamental changes in this company and
this industry. And even as business improves, we can no longer expect things
to "return to normal," as many of us assumed in past economic downturns.
This phase is different in two ways from prior phases. It will involve
involuntary methodology, and while a financial support package will be
offered, it will be somewhat less generous.
While we need to move ahead quickly, we also intend to proceed in a rational
and orderly way that will not disrupt business. This program is a U.S.
program. Other downsizing programs will continue to be implemented outside
the U.S., based upon business conditions, local laws, customs, and
traditions, on a country-by-country basis.
Regarding methodology, two primary factors will determine whether an employee
is selected: 1) his or her work has gone away; 2) he or she is selected from
a larger group being reduced based on performance (i.e., the last documented
performance rating, as indicated on the employee's most recent performance
evaluation). If additional selection steps are required, they will be based
on additional performance criteria (those details are being further refined
and will be finalized shortly.)
The elements of the financial support package include a lump sum payment
based on years of service to the company; maintenance of medical, dental,
and life insurance coverage for a period represented by the total payments,
not to exceed one year; formal outplacement/employment assistance;
and, where applicable, five-year acceleration of any restricted stock
options. This latter element is subject to approval by the Compensation
Stock Option Committee (CSOC). There is no open-window period as before.
Though the manner in which the payment will be made has been structured
differently than in previous programs to accommodate certain legal
requirements, the total payments will be as follows:
0 - 2 years of service 13 weeks of pay
3 - 10 years of service 13 weeks of pay, plus three weeks
of pay for every year of service
between three and ten years.
11 - 20 years of service 37 weeks of pay, plus four weeks
of pay for every year of service
between eleven and twenty years.
77 weeks of pay will be the maximum
financial bridge available.
The progress of this program will be assessed periodically, and we will
endeavor to communicate relevant information to managers and employees as
quickly as possible through the appropriate communication channels.
|
92.480 | so what tms post in .479 conflicts what I've learned | SLOHAN::FIELDS | Its sad,so sad 'cus the Circus Left Town | Tue Jun 02 1992 13:18 | 8 |
| Well everyone, I just got the same message (as Mary posted and deleted,
sorry Mary)from my boss's boss's boss and questioned him on its
correctness and was told that TFSO is the same as it was before the
SERP but he told me he would double check and pass on any news that
stated differently
Chris
|
92.481 | | DEDHED::Spine | Tom Spine | Tue Jun 02 1992 13:30 | 11 |
| if it is real, i jus' got one question...why isn't it in livewire?
the only things in livewire are yesterday's posting about SERP ending,
and a new posting today that Ken is going to address the company over
the DVN on June 3rd...cablecast times of 3pm, 3:30pm, and 4pm.
note -- previously the company has used livewire to announce *all* of
the "thanks for shoving off" (well, what did *you* think TFSO stood for?)
programs, and for the SERP program too.
tms
|
92.482 | | SLOHAN::FIELDS | Its sad,so sad 'cus the Circus Left Town | Tue Jun 02 1992 13:48 | 5 |
| ya know thats the what so screwed up here !!!! after my last posting
here I was told that it might not be real after all because it was not
on Livewire.....
what the hell are they doing up there !!!
|
92.483 | | AWECIM::RUSSO | | Tue Jun 02 1992 13:55 | 6 |
|
>> what the hell are they doing up there !!!
Eating donuts.....drinking coffee....
Hogan
|
92.484 | I think we're all bozos on this bus... | SMURF::GRADY | Short arms, and deep pockets... | Tue Jun 02 1992 13:58 | 1 |
| ....so, this is a surprize?
|
92.485 | No sarcasm here! Uh, uh, no way, not me! | TLE::WEISS | My hangover ate my bagel. | Tue Jun 02 1992 13:58 | 7 |
| > >> what the hell are they doing up there !!!
>
> Eating donuts.....drinking coffee....
You mean the cops are now running DEC??? :-)
Dave
|
92.486 | OK, what we saw was not real....as of yet !? :'( | SLOHAN::FIELDS | Its sad,so sad 'cus the Circus Left Town | Tue Jun 02 1992 15:29 | 25 |
|
I just got this from my boss and it states just what tms thought !
so please relax until we see something in Livewire....
Subj: corrected message re tfso
Subj: Memo on downsizing that went out via Livewire
I just got off the phone with Audrey Pugsley who is a member
of the US Transition office. She informed me that the memo that
went out yesterday is not true; as far as she is aware, effective
June 15th we will resume with TFSO Phase 3, which is involuntary,
and that will be in effect for a six week period. The financial
package with TFSO 3 will not change either. I asked about the
rumours of a Voluntary program, and she said no, there was not
planned. More of this is going to be discussed at the Transition
Managers meeting on Friday.
end of message......
Chris
|
92.487 | tweedle dee,... | STAR::SALKEWICZ | It missed... therefore, I am | Tue Jun 02 1992 18:18 | 10 |
|
Well I'll bet $25 of Treemons money that another "involuntary" ...
"TFSO-like" package will happen before the Boston Run,...
Anyone want to bet against me?
/Bill
PS I relly don't gamble,.. except with other peoples money :-) :-)
|
92.488 | digital...the wang of the 90's? | PIPE::SPINE | | Tue Jun 02 1992 18:20 | 4 |
| yea...and i'd bet that this next round is gonna make the previous
layoffs seem like small change. :-(
tms
|
92.489 | Believe it if you need it | AIMHI::KELLER | I am not a number, I am a free man | Tue Jun 02 1992 19:14 | 4 |
| The latest from the RUMOR mill, from an informed source is 20% accross the
board layoffs starting 6/13/92.
|
92.490 | | CSLALL::HENDERSON | Its a big old goofy world | Wed Jun 03 1992 15:52 | 10 |
|
I heard the same thing from an informed source..
Jum
|
92.491 | | SSGV02::STROBEL | In this style 10/6 | Wed Jun 03 1992 17:22 | 1 |
| /, I'll take that bet. Of course, I'll bet with Tree's money as well %)
|
92.492 | I kind of doubt that one | DEMING::CLARK | Bold As Love | Wed Jun 03 1992 17:56 | 3 |
| I'd bet that Ken and co. are not so stupid that they'd just
uniformly cut 20% from all groups. Some groups are more
important than others to the survival of this company.
|
92.493 | | SCOONR::GLADU | | Wed Jun 03 1992 18:18 | 7 |
| re: Note 92.491 by SSGV02::STROBEL
>course, I'll bet with Tree's money as well %)
Hey don't you guys know that money doesn't grow on Trees? :-)
- Gerry
|
92.494 | | AWECIM::RUSSO | | Wed Jun 03 1992 18:24 | 13 |
|
>> I'd bet that Ken and co. are not so stupid that they'd just
>> uniformly cut 20% from all groups. Some groups are more
>> important than others to the survival of this company.
Agreed....this wouldn't accomplish anything IMO. It might make the
company profitable for another year or two, but it won't change any of
the fundamental problems. A very short term soluton......if they do
that, then this company has no future......
However, I wouldn't bet against it :^\
Hogan
|
92.496 | feeling somewhat cynical this afternoon ... | CUPTAY::BAILEY | A pirate looks at 40. | Wed Jun 03 1992 20:00 | 37 |
| Here's what I see happening ...
- Some groups will be hit harder than others ... the main criteria will
be basically political. Oh there'll be good business reasons for it,
based on the new corporate strategy. But that strategy will change
next year, or whenever a different VP takes pre-eminence in the
corporate power structure.
- Those groups with the most political savvy will stage a reorganization
for their part of the company that will take 3 or 4 fiscal quarters
to implement ... in the meantime, they will be able to justify
maintaining employment levels where they are until they have a clear
"definition" of what the new organization will be
- More layers of management will be added, mostly due to the above
mentioned reorganization efforts.
- We'll somehow acquire several more vice-presidents.
- Jack Smith will produce another memo telling everyone how important
it is that we learn to "work smarter"
- Several thousand good people will lose their jobs ... some for good
reasons, others for bad ones.
- Several thousand more people will relocate to a different building.
- The very people who could put a stop to all this nonsense will admit
that the company's in trouble while at the same time pretending that
it's somebody else's problem to solve
- This time next year we'll still be talking about the next round of
layoffs.
... Bobbb (I_need_a_Dead_show)
|
92.497 | | CSLALL::HENDERSON | Its a big old goofy world | Wed Jun 03 1992 20:07 | 10 |
|
Sounds about right Bobbb..
Jum
|
92.498 | obligatory sunshine reply... :^) | JUNCO::DWEST | Dont Overlook Something Extraordinary | Wed Jun 03 1992 20:35 | 10 |
| come on folks! lighten up a little! sure times are tough and no one
is really getting off on the stuff that's happening but a little
good vibe every so often can go a long ways...
especially in hard times it's good to remember that "change is life
and life is good" (thanks mr universe for the quote even if you stole
it from someone else first!)
da ve_trying_to_cop_some_positive_attitude_
today_in_spite_of_everything
|
92.499 | A big kiss for da ve for no really good reason ;^) | AWECIM::RUSSO | | Wed Jun 03 1992 20:42 | 7 |
|
da ve you angel you!!!!
<SMACK!> ;^)
Hogan
|
92.500 | :^) thanks! anyone else out there??? :^) | JUNCO::DWEST | Dont Overlook Something Extraordinary | Wed Jun 03 1992 20:48 | 9 |
| <blush!>
:^)
better get those in before July 11 dude! :^) (but be more discreet
next time... your bro-in-law-to-be might be lurking around here
somewhere!)
da ve
|
92.501 | ? | DEMING::CLARK | Bold As Love | Thu Jun 04 1992 13:47 | 4 |
| hmmm .. what were you guys doing at '3 many Daves' practice after
I left?
- Dave
|
92.502 | :-) | STAR::SALKEWICZ | It missed... therefore, I am | Thu Jun 04 1992 14:00 | 5 |
|
Claiming
/
|
92.503 | fuzzy faces turn him on! ;^) | LEDS::MRNGDU::YETTO | discover the wonders of nature | Thu Jun 04 1992 14:03 | 5 |
|
don't try to play innocent Hogan - now that the cat is out of the bag admit it,
you just *love* kissing da ve! :-)
|
92.504 | | SCOONR::GLADU | | Thu Jun 04 1992 14:10 | 4 |
| We couldn't survive a 20% across the board cut here at SPO. We've
already been cut from around 1500 down to 300. That's what, an
80% cut already! We're pretty much maintaining similar manufacturing
output, too. Any less and we'd definitely have to close.
|
92.505 | Claim this! | AWECIM::RUSSO | | Thu Jun 04 1992 14:19 | 10 |
|
We were claimin' before, after, and during practice!! :^)
>>don't try to play innocent Hogan - now that the cat is out of the bag
>>admit it,
Now that is something I'd never claim - innocence ;^)
Hogan (always claimin')
|
92.506 | claimin' a wicked devils-advocate buzz | DEMING::CLARK | Bold As Love | Thu Jun 04 1992 14:44 | 7 |
| so, Ger, if you're maintaining the same level of output with
300 people as you did with 1500, why did you need all those
1500 people to begin with? I know, 1200 program managers,
administrative assistants, valuing differences co-ordinators,
and TQM implementation experts!
- dave
|
92.507 | | SCOONR::GLADU | | Thu Jun 04 1992 14:57 | 12 |
| Well, my department (IS) has done a lot of automation over the years
to replace the loss of personnel. So that accounts for quite a bit.
Except that our group got hit as well. So we have serious resource
problems trying to keep up with requests for further automation.
We trimmed a lot of excess IL, too. But kept most of the DL. I
personally took over the full tasks and assignments of 2 senior
level programmers, partial tasks of 2 regular programmers, plus
have all of my own tasks and responsibilities to keep up with. I
can tell you from experience that this is not a sane workload for
one person. They may have trimmed a lot but all WC4 personnel here
have been working *mandatory* saturdays and *mandatory* overtime on
weekdays to try to keep up.
|
92.508 | busy boy!!! | CXDOCS::BARNES | | Thu Jun 04 1992 15:53 | 2 |
| no wonder you couldn't make the Vegas run, Ger! keep da faith!
rfb
|
92.509 | | SCOONR::GLADU | | Thu Jun 04 1992 16:58 | 6 |
| re: Note 92.508 by CXDOCS::BARNES
>no wonder you couldn't make the Vegas run, Ger! keep da faith!
That's exactly why I didn't go. I was told that I couldn't have
last *saturday* off - and it was even my birthday. :-/
|
92.510 | | SKYLRK::TING | Give Peace a Chance!!! | Thu Jun 04 1992 17:06 | 8 |
| > That's exactly why I didn't go. I was told that I couldn't have
> last *saturday* off - and it was even my birthday. :-/
Happy belated birthday, Ger!! I think if my job tells me I can't even
take my own birthday off, it's probably time to find another job...
peace,
t!ng_who_thought_slavery_was_outlawed_but_she_could_be_wrong 8-/
|
92.511 | | CXDOCS::BARNES | | Thu Jun 04 1992 17:13 | 3 |
| RE: "it was even my birthday"
those slimebag ^&*%&(&#%&*#'s!!!! %^)
rfb
|
92.512 | | SCOONR::GLADU | | Thu Jun 04 1992 17:40 | 2 |
| Well, I didn't work anyways out of spite. :-) I'm supposed to work
this saturday too but... ;-)
|
92.513 | | TERAPN::PHYLLIS | fly through the night | Thu Jun 04 1992 18:22 | 4 |
|
Happy belated, Ger!
|
92.514 | | ZENDIA::FERGUSON | Villains always blink their eyes | Thu Jun 04 1992 18:23 | 5 |
| I personally don't think layoffs are going to hit software engineering _too_
hard; some people might be cut, but not at the rate of other sectors in the
company. I still believe there is a _ton_ of management overhead that can
be cleaned up. I'm talking product managers, people managers, etc. Time
will tell, meanwhile, DEC stock is at 39.625.
|
92.515 | looks grim no matter how the numbers fall :-/ | TERAPN::PHYLLIS | fly through the night | Thu Jun 04 1992 19:09 | 10 |
|
According to the rumor mill around here, 15,000 layoffs with 7500
coming from manufacturing.
Re SERP, the numbers I heard were around 7000 eligible and around 3500
who took it.
How many vp's left? 7 or 8 maybe?
|
92.516 | | CSLALL::HENDERSON | Its a big old goofy world | Thu Jun 04 1992 19:15 | 12 |
|
I caught part of a DVN broadcast today that seemed to be saying that management
would be included in the next round and it would be a combination of voluntary/
involuntary. I may have missed something though as I heard it in between
meetings.
Jum
|
92.517 | | SCOONR::GLADU | | Thu Jun 04 1992 20:09 | 2 |
| Well, we just learned today 20 more are getting cut from here. We are
actually at 320 so that'll bring it to 300.
|
92.518 | | LJOHUB::RILEY | Without a slip of the toungue... | Thu Jun 04 1992 20:45 | 20 |
|
Hey JC,
Software Product Managers have Software Engineering job codes... so if
SW Engineering gets hit... then so do we! And the corollary (sp?) if
there are excess SW Product Managers, then SW Engineering can afford to
take a big hit.
Coming from this SW Product Manager, I disagree with JC about being
able to cut lots of SW Product Managers, first off we're spread quite
thin as it is ~1000's of software products, less than 200 product
managers. And secondly, if all the other areas of the company are
getting chopped, who do you think is going to have to figure out HOW to
get products shipping regardless... product managers...
JC, sometimes I really wonder if you were held hostage and abused by a
manager in a previous life.
Treemon ;^)
|
92.519 | ;^) | NRSTA2::CLARK | Alice Ghostley rules | Thu Jun 04 1992 21:22 | 7 |
| Geez, why doesn't DEC ask *me* what to do? 'Cause I've got the solution!
Cut the workforce in half and double the work week!
Ah, the glories of WC4 ...
-dc
|
92.520 | | SCOONR::GLADU | | Fri Jun 05 1992 13:28 | 7 |
| re: Note 92.518 by LJOHUB::RILEY
>JC, sometimes I really wonder if you were held hostage and abused by a
>manager in a previous life.
Hey! That's what my life is like *now*! Does that mean after I die,
I'm gonna come back as JC? YIKES! :-)
|
92.521 | | DEDSHO::CLARK | | Fri Jun 05 1992 13:40 | 12 |
| Well, I know JC said he was in IS once. In my last group (in IS), before the
last round of downsizing, we were told specifically that one of the goals of
downsizing would be to reduce the manager-to-developer ratio in the group,
which was agreed by all to be too large.
D.S. came and, lo and behold, a bunch of developers were given the heave-ho,
and all the managers were left standing. Then they didn't have enough people
to do the work.
Nothing against mgmt in general (this is to protect me from being clobbered by
Tree ;^), but when something like this happens, it's pretty frustrating.
|
92.522 | fun stuff... | JUNCO::DWEST | Dont Overlook Something Extraordinary | Fri Jun 05 1992 14:07 | 14 |
| we restructured our group this week... 8 folks ar being redeployed...
they still have jobs, just not ddoing what they have been doing for
us...
and another word in defense of managers... i don't always agree with
what mine does or says, but in this case my hat goes off to him... it's
not an easy thing but it has to be done and from what i could see this
time it was done with an eye on the work (and not the individuals) and
then the people were assigned to the work as needed and as skills
dictated... also, by acting now, these people still have jobs... thye
may not be psyched about all they're doing, but they're still here
and that's something...
da ve
|
92.523 | I know we've been thru this before | LJOHUB::RILEY | Without a slip of the toungue... | Fri Jun 05 1992 15:35 | 17 |
|
Not that this Tree has blind faith in managers, hope I didn't give that
impression... but it just seems to me that JC (are you out there
brewmeister?) has made many blanket statements in the past about
"management".
No gripes about specific incidents like DC pointed out, those things
tick me off too, but it's not that I'm a management advocate, it's more
that I don't like scapegoating and over generalization.
Enough seriousity (I like creating words), it's friday, and I'm still
enjoying GerG's comment about coming back as JC! Yikes! ;^)
You all watch JC come back as me in his next life, then you'll see some
inner-conflict!
Tree
|
92.524 | Feedback from where I sit in this Company | ZENDIA::FERGUSON | Villains always blink their eyes | Mon Jun 08 1992 14:31 | 89 |
| re: managers.
In my IM&T days, we had a group of 35 or so people and about 8 of them were
managers. I was about SIX layers under a VP !! Where I am now, we have
approx. 65 people and have 5 managers. There are 2 managers between me and
my VP. i have a one-on-one w/ my manager approx. once a month, sometimes
even less.
re: experience
I just completed SSB submission for the project i was leading. we had 5
engineers on the project, including me. during the last 8 months, i lead
my team and my manager had very,very little interaction with my people and
the other teams in the group. yet, we kept ourselves together, worked hard,
and delivered, w/o a lot of management support. we proved that you don't
need to be supervised weekly, or even MONTHLY if you have a few good leaders
in the group. and, most of us are software engineer IIs, which, according
to the job description, require weekly mgmt. when management begins to
trust their engineers, less intervention is required. the problem is the
lack of trust, in some cases, and the need to get buy in (committees) for
some decisions...
my VP has been doing something interesting: having meetings with the project
leaders in his org. we had a meeting last week, about 18 PLs in all showed
up. and, we talked about things that get in the way of our progress. my
VP (John Adams, BTW) wants to reduce time-to-market by 50% and wants to know,
from the front line people, what is getting in our way. We were asked this
question and we covered a wall with 8x11 pieces of paper listing our problems.
in the top 3 problems, fingers were pointed to management. management is
getting in the way of progress. lots of experienced engineers said they have to
constantly justify themselves to their mgrs -- therefore, wasting time that
could otherwise be spent engineering products. managers love to have their
hands in the projects and they love to meddle. one person told the story
of how they needed to make a decision on how the documentation for a project
was going to be packaged. it took 1 MONTH for management to figure out WHO
was going to make the decision!! then, another experienced engineer told
the story of how she thought digital should build this particular product.
she had to spend 6 MONTHS getting buyoff from her management and her sr.
managers. in the end, she is got to build it... 6 MONTHS wasted ... a lot
of the project leaders thought that management lacked trust in people: a lot
of the PLs at this meeting were very well seasoned and proven leaders, and
mgmt still doesn't trust them. another person related this story on how this
manager had a "pet" project within the project. the mgr worked on it himself
claiming that he was once a SW eng. and knew what he was doing. after a while,
the mgr pawned it off to the eng. team and said, "you have to finish this."
then, the PL went to the product mgr and asked, "are customers going to want
this?" and the response was NO... wasted time once again...
mind you, this was not the only problem that came up, but it was a significant
one. many PLs said that "the system" makes it hard for PLs to _want_ to
lead again, therefore, digital loses good leaders to the system. having
just gone through it, leading is hard, stressful, and very time consuming.
ask deb, she'll tell you what i went through. i'm not so sure i want to lead
again, but i probably will if my mgmt is willing to change. My VP asked us
a direct question: "how many people have a product mgr they like and think
is competent?" 3 hands were raised, the rest were not. go figure. i'm just
reporting the FACTS, i'm not bashing anyone.
this is what I saw last week - i'm not making this up. these are people who
have been making products for 10-20 years... i feel that what these people
presented is a fair representation of what is going WRONG in this company.
take a look at the small companies. They are CRUCIFYING us because they
don't have all the freakin' overhead we have.
i hope the product managers and people managers in this notes file don't
take offense to this message. there are plenty of good, hard-working
managers and product managers in digital, but i believe there is a good
number of not-so-good ones too. same goes for engineers: not everyone is
a hot-shot cracker-jack engineer. this is merely just another datapoint,
as I saw it, last week, with real live project leaders who think a lot
of things are broken at digital. i believe it is up to everyone to ask
themselves and those around them how they can improve the process and how
they can improve themselves. i don't think enough of this happens at
digital. as project leader, i'm never asked by my mgr to give feedback on
the people on my team for their reviews; i'm the one who probably knows
them best because i worked closely with them.
my VP is _committed_ to make things better - he is going to work with groups
personally to try and get some of the top problems solved. he openly admits
that as VP, he is removed (far) from engineering and needs to understand
the problems we have, hence these meetings. he was at the
meeting in the beginning to give an intro, then he left for 1.5 hrs while]
we worked. then, we returned w/ his direct reports and we talked about
the top 4 problems as a group. i believe he is committed. we have to change,
otherwise digital will drown. it is time to face the truth here; if
everyone does not participate, we'll all sink together.
FWIW,
JC
|
92.525 | Nail on the head, JC... | TLE::WEISS | My hangover ate my bagel. | Mon Jun 08 1992 15:13 | 10 |
| I think JC hit on the single biggest problem with the mangament-engineer
relationships here.
Lack of trust.
It seems many managers just do not trust their engineers. So, in turn, the
engineers don't trust their managers (would you trust someone who didn't trust
you?).
Dave
|
92.526 | Nice note. | SMURF::GRADY | Short arms, and deep pockets... | Mon Jun 08 1992 15:15 | 4 |
| hey JC, what group are you in? John Adams is my VP too...
tim
|
92.527 | | ZENDIA::FERGUSON | Villains always blink their eyes | Mon Jun 08 1992 17:35 | 2 |
| tim - Secure Systems Group. Dennis McMann is my CC mgr; he works for J.A.
We just moved to LKG2 in mid-May. What grp are you in?
|
92.528 | JC: | SMURF::GRADY | Short arms, and deep pockets... | Mon Jun 08 1992 18:27 | 6 |
| UCX - a.k.a. DEC TCP/IP Services for VMS. We're moving
to LKG1-3 the last weekend of July (7/24), from ZKO3-3.
See ya then!
tim
|
92.529 | | LJOHUB::RILEY | Without a slip of the toungue... | Mon Jun 08 1992 19:20 | 21 |
|
JC, I don't doubt the events you've described, but you don't always see
the full picture (nor does anyone else). As you've pointed out, there
are non-performers at all jobs...
What may seem like wasteful and often time consuming activity is often
necessary to support the development effort. I agree, in most cases small
companies are quicker to move, however working for these companies is a
different experience all together.
You know JC, if you've got legit complaints about managers, it probably
means that you're qualified to be one! Wouldn't that be a gas! If you
can't beat'em join'em.
About the VP thing... That is pretty meaningless. We work in a 11+
billion dollar a year company, you can either be 2 levels below a VP
and have 500 VPs in the company, or be 6 levels down and have 50 VPs.
At General Electric, there are 15 levels of management! (At least
there were, now there may be less).
Treemon
|
92.530 | Size, span, layers, & logarithms | GR8FUL::WHITE | Without love in a dream... | Mon Jun 08 1992 23:03 | 12 |
|
Handy, dandy everyday use of logarithms :-)
Given that we have 100,000 employees, if everyone with direct
reports had 4 people working for them we'd have at most 9 layers
of management (8.3 actually :-). If the span of control was
increased to five, that would come down by one (7.15 layers).
I think it's time to go home :-)
Bob
|
92.531 | Mail from Rio & the Summit | SELL1::ROBERTS | a blinding flash o'the obvious | Tue Jun 09 1992 13:11 | 40 |
|
Following is an excerpted from a message sent to me from Rio. Steve is
in DISDP with me and is at the Summit supporting Digital's networking
stuff there. This is probably not what you'll see/hear on the world
news tonite:
From: DECWRL::"C=US%GI=STEVE%Earth_Summit@mcimail.com" "KAPLAN" 8-JUN-1992 19:28:54.42
To: MKO Site Library 264-0365 <sell3::roberts>
CC:
Subj: RE: will it work
-----------------------------
Application message id: 20927180602991/1035 TSAP
Importance: Normal
Grade of Delivery: Normal
-----------------------------
Hi,
Well, things are kinda crazy around here. This place is full of all of
the UN delegates. Over at the Global Forum is where the people are really
protesting about Bush. Tomorrow I will go over to the Global Forum. I'm
thinking about wearing my "George Bush Anywhere But America Tour" t-shirt. From
what I hear I'll fit right in.
Talk to ya later
Steve.
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% From: KAPLAN <C=US%GI=STEVE%Earth_Summit@mcimail.com>
% To: MKO Site Library 264-0365 <sell3::roberts>
% Subject: RE: will it work
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|
92.532 | What's wrong with this picture? | SMURF::GRADY | Short arms, and deep pockets... | Tue Jun 09 1992 13:13 | 10 |
| ...and going back to my management classwork, theoretically a manager
should have roughly eight to fifteen direct reports. Towards the high
end for less skilled, more labor intensive work, towards the lower end
for 'professional' types like engineers and such. I guess us gear
heads need more babysitting. ;-)
So, if you increase the span of control to, say, 10, then what should
we expect to be typical number of layers of management needed? Five?
Six? ...and what do we have? Ten? Fifteen? Hmmm.
|
92.533 | just off the rumour mill press | SELL1::ROBERTS | a blinding flash o'the obvious | Tue Jun 09 1992 14:27 | 4 |
|
How about the John Sims rumour? Is it real or is it NOT
c
|
92.534 | ? | JUNCO::DWEST | Dont Overlook Something Extraordinary | Tue Jun 09 1992 15:01 | 1 |
| excuse me? hasn't reached me here yet...
|
92.535 | :-/ | CSCMA::M_PECKAR | spinning that curious sense | Tue Jun 09 1992 15:02 | 13 |
92.536 | It aint pretty being capitalists | STAR::SALKEWICZ | It missed... therefore, I am | Tue Jun 09 1992 15:24 | 30 |
| Well,.. Mr ConspracyP has once again touched on my innermost fears
about the summit.,..
And might IU add that he did it in a ve4ry
notes-acceptable-non-flamatory-semi-decent-and respectable-tone-of-note
way...
In other words,. I don't feel the urge (nor should anyone
else I would say) to say "chill" ;^)
Anyway,.. in addition to .-Fog,.. I'd add that it is only
the US and perhaps some other industrialized nations that have
this "summit = polticial/economic gain opportunity" mentality.
Some/most other nations came in good faith to really address
the issues,.. and what I'm realizing now is that we,. the US,..
may yet increase the perception that we are war mongering
imperialists,,, as opposed to being the voice and symbol of
freedom that we hear about within our own borders,...
The root problem still are that our government is under siege
by special interest money,.. special interest being capitalistic
pigs who would rather save a buck than save the planet,... its
always cheaper to ruin the environment than to take care of it,..
and until our government is controlled by other factors than money,..
we wil., continue to have these problems,...
All IMHO of course,m.. and FWIW,.. and etc etc...
/
|
92.537 | rumours from the edge | SELL1::ROBERTS | a blinding flash o'the obvious | Tue Jun 09 1992 16:20 | 5 |
| Da ve
the rumour might be a rehash - but we heard Sims is gone
|
92.538 | | LANDO::HAPGOOD | now we play for life | Tue Jun 09 1992 16:48 | 21 |
| Now I don't want to sound like the lone dissenter again BUT I think
more goes on here than we can apply directly to Bush or any leader
of any industrialized nation.
I mean when I boil down what the 3rd world is telling me it comes out
this way:
We don't care about the earth but if you give me money then we will care
in proportion to the money you give. Otherwise see figure one.
So tell me - what am I missing? Is their attempt at getting our money
more righteous than us trying to keep our money?
no to me,
bob
ps.
sign the treaty. work it out. help foot the bill. stay there until
you get it right. make no committess for they'll get nothing done.
that's how I feel.
|
92.539 | that's what i was guessing... | JUNCO::DWEST | Dont Overlook Something Extraordinary | Tue Jun 09 1992 16:50 | 4 |
| wow... that was what i was guessing by your reply but i hadn't heard
anything here...
da ve
|
92.540 | the enemy is us.... | VSSCAD::LARU | run, or fight, or dance! | Tue Jun 09 1992 19:51 | 20 |
| IMO, all the countries at the conference are essentially
saying the same thing: Gee, I'd really like to save the
environment, but my material standard of living is of
more immediate importance. The US has its standard of living
and still refuses to sacrifice anything... Bush is saying "let
everyone else save *their* forests... we've got some money to make."
Just liek a few weeks ago where he complained about Chinese nuclear
testing while at the same time refusing to limit our own.
When it comes to the environment, the US is at the head of a
very long list of hypocrites.
Just look around at how many fellow DECcies can't be bothered
finding the recycle bins.
/bruce
|
92.541 | | ZENDIA::FERGUSON | Villains always blink their eyes | Tue Jun 09 1992 21:04 | 12 |
| re: <<< Note 92.540 by VSSCAD::LARU "run, or fight, or dance!" >>>
-< the enemy is us.... >-
> Just look around at how many fellow DECcies can't be bothered
> finding the recycle bins.
This is something I can't seem to make an sense out of. Either people don't
care about recyling or they are lost to the fact that putting the white
piece of paper in the recycle bin is better then putting it in the regular
trash bin!
I see a lot of this at my sight, and I just don't understand it.\
|
92.542 | High time to analyze and fix the problems NOW | ZENDIA::FERGUSON | Villains always blink their eyes | Tue Jun 09 1992 21:20 | 67 |
| re <<< Note 92.529 by LJOHUB::RILEY "Without a slip of the toungue..." >>>
> What may seem like wasteful and often time consuming activity is often
> necessary to support the development effort. I agree, in most cases small
> companies are quicker to move, however working for these companies is a
> different experience all together.
Ah, this is the root of the damn problem mon! We put processes in place
typically because a particular problem occurred that we want to avoid in
the future. Some of these processes were put in place years ago, and they
rarely reviewed to see if they are still applicable to today's business needs
and climate. Today's business climate has changed drastically. By the time
we make something new, it is almost outdated. Have you ever submitted
something to the SSB/SQM? You need the new product form, the online product
review form, the product readiness form, etc,etc. Do we need all these?
How about the phase review process? If a small company can get away without
these overhead processes, why can't we? We gotta get rid of the overhead
otherwise we will all go down with the ship. Treemon, you are agreeing with
me here about the quickness of small small companies vs. the slowness of
DEC. Ain't it time to correct this problem? Or, should we all wait until
the layoffs are over and the stock is $5 a share? Or does it take a committee
to make this decision? There are too many people stuck in their old ways
unwilling to take a risk on something new that might be a winner.
Engineers are constantly under the gun to do more with less. This only
makes for frustrated engineers, you can trust me on this one because I'm
one of them. Management by concensus has got to go. Let the leaders lead,
let the managers manage. Dump the antiquated processes that stand in the way.
The people who engineer _know_ what is in the way. How can managers
understand this if they are not the ones who design and develop the code?
Managers must start trusting their engineers=, and they must start listening
to them, and they must start examining the way they work to see if their
is anyway to improve. Constant reevaluation is a neccesity!
All those years of excess when the VAX sold itself and salespeople filled
out orders allowed us to have tons of overhead. Times have changed, hardware
is now a commodity. We don't make much on h/w anymore; time to turn to
other things. Software development can be a cash maker, but we have to
be able to crank the crap out in 9-12 months, otherwise, BAM!!! there goes
the window of opportunity to yet another small company. DEC once again eats
their lunch, has another round of layoffs, creates 10 committees to figure
out what to do, and eventually does nothing.
> You know JC, if you've got legit complaints about managers, it probably
> means that you're qualified to be one! Wouldn't that be a gas! If you
> can't beat'em join'em.
You're funny mon. Two things will drive me to management: Carpal Tunnel
Syndrome or complete frustration with the BS. I perform best as an
engineer at this time in my life; my manager once told me that I have
potential in the group to enter mgmt. I laughed pretty hard.
> About the VP thing... That is pretty meaningless. We work in a 11+
How is that meaningless when you have similar headcounts in 2 VPs organizations
and one org. has 50 mgrs and the other has 10 mgrs? In this case, one org.
manages itself better, therefore reducing overhead. Mgrs make the big money,
not engineers, unless you're "up there" in the Principle or Consulting engineer
level....
In closing, one of my reviews back in my IM&T days described a weakness I
had. That weakness was the ability to accept mandates from managers that
were not technically sound. In IM&T, this is considered a weakness, at least
in my IM&T group it was. When my first supervisor in engineering read that,
they laughed and considered it a strength. Go figure.
JC
|
92.543 | | CXDOCS::BARNES | | Tue Jun 09 1992 21:21 | 2 |
| yer either on the bus....or yer NOT!
rfb_TRYING to get more on the bus
|
92.544 | | CXDOCS::BARNES | | Tue Jun 09 1992 21:23 | 2 |
| .543 is in reference to .541
rfb
|
92.545 | | ZENDIA::FERGUSON | Villains always blink their eyes | Tue Jun 09 1992 21:27 | 11 |
| <<< Note 92.543 by CXDOCS::BARNES >>>
> yer either on the bus....or yer NOT!
> rfb_TRYING to get more on the bus
Yahbut, they make it SOOOOO EASY... One barrel says "RECYCLE", the other
doesn't. To get the trash in the bin, you gotta look for the barrel. One
would think that "RECYCLE" would stand out, but, I guess not.
/perplexed
|
92.546 | | HANOI::ABBOT | J. R. "Bob" Dobbs in 92 | Tue Jun 09 1992 21:39 | 20 |
| Another example of the wrong way to do things:
I want my doc set for VAX FORTRAN to have the version number on the
spine. After all, when you have a shelf of what appears to be the same
dull grey book (many customers and customer service keep the old sets
around for reference) they all look the same. But I'm told that to do
so would mean submitting some stupid form and getting it approved, that
would tell them to bypass the normal electronic submission, therefore
taking way longer and undoubtedly costing lots more just to put a dumb
number on the spine. Why can't they just put "V 6.0" in the title
field??? Is it even worth it? Why didn't they even think anyone would
want a version number on the cover? The majority of non_DEC (and even
the old DEC manuals back when they put them in the orange binders) have
the version number somewhere prominent. We just have it on the title
page and nowhere else.
Grumble...
Scott
|
92.547 | | LJOHUB::RILEY | Without a slip of the toungue... | Wed Jun 10 1992 16:59 | 21 |
|
JC,
Ya mon! Here here to your specific examples of how we can improve! It
may seem like a small thing, but the difference is tantamount to
success...
If you look at something like it's wrong and condemn it, then you've
got little chance of fixing it, because you know it's wrong and
spending energy to fix it is a waste.
But... if you identify how it can improve and be good, then it's much
easier to exert energy doing it. And more fun too!
Call it superstition, mgmt 101, optimism vs. pessimism or whatever, but
it's true.
If we're all so negative, what are our chances of turning around the
company?
Tree
|
92.549 | Congrats to tms | NECSC::LEVY | Don't Let Go! | Fri Jun 12 1992 18:52 | 12 |
| Found this in the June edition of the DECwindows Newsletter:
>But first, recently the Society for Technical Communication presented an
>Award of Excellence to Mary Beth Raven and Tom Spine in recognition of the
>outstanding quality of the DECwindows Companion to the OSF/Motif Style
>Guide. Mary Beth and Tom are to be congratulated for this honor and the
>recognition it place on the effort that they put into this important
>DECwindows document.
Good goin' tms!!!
~dave
|
92.550 | | PIPE::SPINE | | Sat Jun 13 1992 01:11 | 4 |
| thanks, dave! it sure made me smile (the award, that is). oh, heck...
your note made me smile too! :-)
tms
|
92.551 | | OCTOBR::GRABAZS | where I, dreaming, lay amazed | Sun Jun 14 1992 15:40 | 38 |
|
catch 22 - here I am working on a Sunday, a beautifully
glorious Sunday, recovering! from a trip out of reality
in Albany, and I've been working weekends since January...
the catch 22 is that once the product I am giving so
much of my life to goes to SSB (soon!), I might be a
victim of downsizing :-(...
I started working (more than) fulltime in January to
help get this product out the door. My kids finished
school this week for the summer, Guntis has started
earning money again, so I decided to go back to parttime
hours. In the back of my mind I worried about how
vulnerable this would make me to a potential layoff.
I talked with my supervisor about my worries, about
my value to the group ;-), about the way DEC is becoming.
I came away from the meeting with a good feeling, kindof.
I know that she values my work and knows that I'm there
when the pressures's on. My remaining worry is that if
the decision is out of her hands, if the word comes down
from above to cut our group alot, that I will be vulnerable
because fulltime will be perceived as better than parttime.
It's been a hard decision to make...but I'm feeling like
it's time for me to devote some extra attention to my
family...I'm just hoping that I haven't shot myself in
the foot...
It's not a pleasant time for us working at DEC these days.
Here I have been putting in huge amounts of hours, putting
my family life on the back burner, trying to do something
good for DEC; and the "reward" for all of this might be
that I lose my job...I understand that the company is
struggling and basing decisions purely on economics. But
even understanding that, looking at it from my perspective,
it just doesn't seem fair....
Debess
|
92.553 | | SPOCK::IRONS | | Mon Jun 15 1992 17:28 | 22 |
| Yeah, employement, or lack thereof, can be quite frustrating.
Friday at 11:00 am, my wife got layed off....no warning, no rumours no
nothing, just get out. Took us totally by surprise. She called me at
work around noon, hysterical! I couldn't understand what she was
saying on the phone at first. I thought someone died!
She just went to unemployement this morning. They told her to come in
next Monday for something. We're going on vacation. She told
unemployment that she won't be in town next Monday. They said you have
to be in the state to collect. They said to come back the Monday after
you're back from vacation. Can't blame them in a way....however....
She's really bummin.....never had to collect before and she' got way
too much pride. Her biggest problem is dealing with herself.
Hell, she can collect for one year because she never collected before,
and she'll make $59.00 less than what she made working. The situation
ain't that bad, it's how hard she is on herself...
BTW, she didn't work for DEC.
dave
|
92.554 | | TLE::ABBOT | J. R. "Bob" Dobbs in 92 | Mon Jun 15 1992 20:55 | 13 |
| About Mass unemployment:
They don't take out taxes, so you have to file an estimated taxes form,
I think it's quarterly. You also have to send them a form every 2
weeks listing the companies you've either sent resumes or interviewed
with. This has to be postmarked on Saturday (no earlier) and if it's
later than Saturday your check will be late. And then every so often
you have to go into the office when it's convenient for them.
Finding a job can take as much time as a full time job. My girlfriend
has been looking since last August.
Scott
|
92.555 | | SPOCK::IRONS | | Tue Jun 16 1992 19:42 | 6 |
| We live in RI. Our rules are similar, however, I never heard about
mailing forms. I know you have to fill out a form, signed by an
employer you interviewed with, and bring it with you on your next visit
to pickup da check.
dave
|
92.556 | Le Layoffs | CSCMA::M_PECKAR | spinning that curious sense | Thu Jun 18 1992 20:46 | 65 |
| Sorry, I cannot vouch for the validity of this memo, but I can't imagine its
fabricated or recycled...
From: CSCMA::BRASSARD "Just Passing Through 18-Jun-1992 1639" 18-JUN-1992 16:42:11.89
To: M_SNA
CC:
Subj: In case you care........news of DEC-FRANCE layoffs
Forwards removed
I N T E R O F F I C E M E M O R A N D U M
Date: 17-Jun-1992 01:39pm EDT
From: MBENOIT
MBENOIT@FSOA@MRGATE@CSSE@OGO
Dept:
Tel No:
TO: LEWIS RUBINSTEIN@OGO
Subject: France
Subj: FYI: Layoffs in France!!
Subj: Layoffs in France....
If anyone's interested, here's the official DEC report by
Michel Ferreboeuf, the head of DEC France:
Of a total of 3238 people in DEC France, 337 have been directly layed
off and another 301 have been offered "reclassification".
Reclassification means that your job has been terminated, but you
are offered employment in the more remote provinces of France, working
for DEC _Europe_, at between effectively 60% - 80% of your original
salary. With no relocation offered and many people having a working
spouse in the area, most people refused it.
Therefore, about 19.70% have been layed off.
The package is generous, partly due to rigorous government control
of layoffs. People are given six weeks notice before they are asked
to leave.
At this point, you receive 3 months salary severance pay, and if you
want to, you can continue to come to Digital and work, but it is not
required. Therefore, people who want to make one last ditch effort
to find employment elsewhere within DEC are given the chance.
In addition to 3 months pay (with or without working on site), you
receive:
1) one month's salary for every year you've been with DEC
2) an additional $2063 for every year you've been with
DEC _if_ you're over 40.
3) medical benefits for another year.
4) employment placement with professional employment services
(exterior to DEC.)
From a personal point of view, it seems to me that people were layed
off according mostly to function and not ability. Heartless as it may
seem, rating of ability is too subjective and prone to self-protection
to be any less heartless.
|
92.558 | Stone'd again ... | CUPTAY::BAILEY | A pirate looks at 40. | Fri Jun 19 1992 13:33 | 151 |
| ********************** many headers removed ********************
From: SNKERZ::STONE "David Stone - Short Time-to-Profit Open Software 15-Jun-1992 1756" 15-JUN-1992 17:53:49.04
To: @TNSG_INTEREST
CC: STONE
Subj: Re-shaping Digital - Adapting To Reality
TO: Software Engineering
From: David Stone
SUBJECT: Re-shaping Digital - Adapting to reality
>>>> PLEASE COMMUNICATE THROUGHOUT YOUR ORGANIZATION <<<<
BACKGROUND
~~~~~~~~~~
All of us are painfully aware that Digital is going through some very
troubled times. The computer industry has changed radically and
fundamentally; these changes have accelerated over the past three
years.
From an external perspective:
The economy world-wide remains slow; customers are very
careful in their capital purchases.
Customer demand has shifted toward services and "commodity"
products and away from high-end, mid-range and proprietary
products.
The majority of Information Technology expenditures
are now on desktop products.
Commodity products, Open systems and increased competition have
significantly increased customers' options and choices. The impact on
the industry has been:
Competitive pressure has increased significantly.
More and more "commodity" products are sold via low-cost sales
processes and channels.
Profit margins in the products business have been considerably
reduced, industry wide.
Impact on Digital's Business
~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Because of these market-place shifts, we have seen a significant
impact on our business. Simply put, we have seen the following:
Our revenue growth has declined from high growth in the
mid-eighties to a prediction of no growth for this year;
the current industry growth is about ten per cent.
Our most successful product range, VAX/VMS, is no longer the
only major revenue generator. However, OpenVMS is
still vitally important.
In 1984, our direct sales to customers were half of the total
and indirect sales, via CSOs and others made up the rest.
In 1992 it is two-thirds direct and one-third indirect.
This is a major shift, especially when compared to an
industry trend away from direct sales.
In 1984, the products business was two-thirds of the total and
services one-third. In 1992, the products business is
about half our revenue.
Since FY'90, there has been a sharp decline in the money we
make from the products business. Software is an increasing
percentage of the products revenue, as the hardware
commoditization continues.
The services business has grown fast but is not yet
compensating for the products business decline.
Current Status of FY'93 Software Engineering Planning
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
* The software engineering staff met last week to establish FY'93
budget guidelines using as key inputs:
The results of the extensive planning processes that took
place over the last couple of months,
The domain team suggestions, and each group's recommendations
for each product.
This thorough preparation allowed an informed decision-making process.
* The first-pass product decisions we made must be integrated with
the requests from marketing and business groups (McCabe, Christ,
Zereski, Gullotti, etc.) before being finalized and implemented.
* The staff accepted a proposal presented by Sharon Keillor to
consolidate and rationalize product management, marketing, and
business management activities across the organization.
Specific Actions for Software Engineering
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
* We anticipate an overall 20% reduction in spending from
current levels in product development and infrastructure groups.
* Given this reduction, we anticipate downsizing within the software
engineering organization.
* We expect to complete this integrated decision-making process by
the end of June. At that time, we will announce an implementation
plan covering development and organization.
Individual Impact
~~~~~~~~~~~~~~~~~
As we evaluate the software projects which we will implement in FY93,
we are also profiling the skills we need to deliver leadership
product. We will be shifting key resources to the highest priority
projects to ensure that the most important sources of revenue are done
well. We are committed to having the right resources in the right place
to achieve the plans for FY93. These actions are vital to our future.
It is difficult at this stage to say exactly how many people will be
affected until the sizing and profiling are complete. To give you
some guidance though, I would estimate that we need to decrease
headcount by several hundred people in all areas of software
engineering early in FY93.
TIMESCALES
~~~~~~~~~~
This activity is now under way. Plans to shift resources to key
projects will be finalized through June, for implementation in July.
Additionally, plans for Product Management, Marketing, and
infrastructure groups will be targeted for July implementation. It is
very important that we do this as early as possible in FY93 if we are
to achieve our plans. All implementation plans will be in accordance
with local/country regulations and customs.
These are trying times for all of us. We must constantly adapt and
change to meet the changing environment of the market and our
customers' needs. Until we can get our business back in balance, we
must work to focus on the most critical projects and stop/postpone
others. We ask for your help and understanding.
I appreciate your support during this difficult transition and I am committed
to communicate frequently with you during this process.
Please direct any specific questions to your manager.
|
92.559 | | TERAPN::PHYLLIS | fly through the night | Fri Jun 19 1992 19:46 | 9 |
|
Bill Steul has been named as CFO.
I'm certainly glad we took all these months qualifying competent
external candidates.
sigh.
|
92.560 | Hard to concentrate on the real work | MR4DEC::WENTZELL | Don't say I didn't warn you | Tue Jun 23 1992 19:56 | 12 |
| >Bill Steul has been named as CFO.
I think this is good. His background in in finance and he is a strong leader.
Of the very few VPs I've met, he's one of maybe two or three that I like.
On another note, I just got the word our group will most likely be taking a
headcount hit of some undetermined number in the next week or two (like who
isn't I guess) - kind of makes me nervous since I'm low man on the totem pole
in terms of time with the company (which my cynical attitude tells me will
mean more than my good reviews). 8^/
Scott
|
92.561 | | TERAPN::PHYLLIS | fly through the night | Tue Jun 23 1992 20:09 | 9 |
|
Good luck Scott. :-/
Re: Steul
I was very disappointed in the decision. I think above all else, what
this company needs right now is new blood.
|
92.562 | costs aren't our only problem | SSGV02::STROBEL | In this style 10/6 | Tue Jun 23 1992 21:05 | 5 |
| The Sunday NY Times ("all the news that's fit to print" but no comics) had some
very unkind things to say about DEC and DEC's inability to attract an accepting
outside candidate for the CFO spot.
jeff
|
92.563 | workforce reduction rumors | GUIDUK::FLOOD | stronger than dirt | Wed Jun 24 1992 15:53 | 7 |
| The Boeing Business Group out here in Seattle had their pre-FY 93
meeting on Monday and they got the word (I got it second-hand) that DEC
is planning to reduce headcount to 70,000 from the current approx.
112,000.
Has this been heard by others? This seems extreme and I hope it is an
exaggeration of what was really said.
|
92.564 | | CSLALL::HENDERSON | Gonna get there? I don't know | Wed Jun 24 1992 16:01 | 12 |
|
I've heard the number 30,000 being kicked around. I don't know what to
believe anymore. Just hope they do it quick.
Jum
|
92.566 | | STUDIO::IDE | now it can be told | Wed Jun 24 1992 17:42 | 5 |
| re .-1
DEC 35 3/4, change -0 1/2; DJIA 3289.63, change +4.01 at 13:12.
Report entered at Wed Jun 24 13:12:27 1992.
|
92.567 | Grant Saviers resigning | SLOHAN::FIELDS | Its sad,so sad 'cus the Circus Left Town | Thu Jun 25 1992 13:21 | 33 |
| From: NAME: Grant Saviers
FUNC: PC & System Peripherals
TEL: 223-9765 <SAVIERS.GRANT AT A1 at CORA @
CORE>
To: See Below
Dear Colleagues:
On July 1, 1992, I will be resigning from Digital after 24 years with
the company. It is now time for me to explore new opportunities for
growing and building a business. I expect to remain in the computer
industry, particularly in product areas that support the desktop and
mobile computing markets.
It has been a great pleasure to have worked with you to help build
Digital. When I joined Digital in 1968, the NOR was $57 million
(0.004 times FY91). Contributing to this success has been the source
of much satisfaction and pride for me.
I have taken the time to reflect carefully on this decision and know
that it is the right path for me. The choice didn't come easily,
considering the 24 years and the wonderful "learn and contribute and
do the right thing" opportunity we've had together. I owe many of you
a sincere thank you for the patience, wisdom, and support you've
offered me personally. So, Thank You.
I wish you all and the company the very best in the coming years. I
hope our paths will cross again, soon.
Best Regards,
Grant
|
92.568 | Who's next? | CSLALL::HENDERSON | Who's got segmented eyes? | Thu Jun 25 1992 13:31 | 3 |
|
Wow...
|
92.569 | What are these layoffs, and why do they keep.... | SMURF::PETERT | | Thu Jun 25 1992 14:26 | 18 |
| I'd like to apologize for jinxing the company. My wife has pointed out
this factoid to me, and another person in my group has noticed
similar behavior with him. It seems that once I get into an
engineering job with a company, things start going downhill. Witness
my last two engineering jobs: Prime Computer, which is little more
than ComputerVision these days, and Stardent Computer, which no
longer exists. My colleague went from Prime, to Wang (nuff said),
to Compass, which folded the same day as Stardent announced it was
winding down. And now, after being here for about 5 months,
layoffs appear on the horizon again. Sigh....
I guess I shouldn't take all the blame ;) but this economy can get
depressing at times. I've been pretty lucky so far, but I guess only
time will tell.
Hoping for the best,
PeterT
|
92.571 | not quite as paranoid as I sound | SMURF::PETERT | | Fri Jun 26 1992 14:54 | 11 |
| Well, I wasn't REALLY paranoid about it, but it was an interesting, if
non-relevant observation. Given the economic environment these days
it would probably be hard to find a place that WON'T be considering
layoffs in the near future. Stratus maybe, but they might reach
their peak soon. And they have a different approach and market
from what appeals to me. Fault tolerance is great, but it tends to
lack speed. Oops, getting off on tangents again. Must be time to
do some work....
PeterT
|
92.572 | bad managers always leave ruined careers in their wake | CUPTAY::BAILEY | A pirate looks at 40. | Fri Jun 26 1992 16:39 | 18 |
| I, on the other hand, am getting more paranoid by the day.
In my 1-on-1 with my supervisor the other day, he told me frankly that
the bogus review I got in January (my reward for believing Jack Smith's
bullshit about the "no retaliation" Open Door Policy) will probably
have an adverse affect on my chances for surviving the upcoming round
of lay-offs.
The thing is that literally all the managers who were responsible for
that little piece of fiction have either been SERP'ed out of the
company, or have quit, or have fallen from power and are soon to be
leaving Digital.
Unfortunately, the legacy of their way of doing business may cost me
my present job, which would be a shame for me, and for Digital (IMO).
... Bobbb
|
92.573 | You CAN do something about it | SMURF::GRADY | Short arms, and deep pockets... | Fri Jun 26 1992 16:42 | 11 |
| Bobbb,
Ask for another review, immediately. It's been six months,
you're entitled to it, particularly given the circumstances.
If they say no, or they trash you again, f*ck 'em - find
work elsewhere now, and get ready for the big TFSO check.
Good luck.
tim
|
92.574 | David Stone update - reshaping Digital | NECSC::LEVY | Don't Let Go! | Fri Jun 26 1992 16:46 | 127 |
| From: CSCMA::CSCMA::WITKUM "26-Jun-1992 1237" 26-JUN-1992 12:38:17.22
To: M_CSC
CC: WITKUM
Subj: FYI, Outside group communication regarding their potential downsizing.
From: CSCMA::MACVICAR "Customer Support Center - dtn 237-7041" 26-JUN-1992 09:17:58.76
To: WITKUM,PHILIPS,STEPHENS
CC: MACVICAR
Subj: David Stone update - reshaping Digital
From: NAS007::SOUTTER "TNSG Planning/Operations 381-2371 25-Jun-1992 1208" 25-JUN-1992 12:09:45.93
To: @TNSG_PLANNING
CC: SOUTTER
Subj: Update from David: Re-shaping Digital -- Adapting to Reality
From: SNKERZ::STONE "David Stone - Short Time-to-Profit Open Software 25-Jun-1992 0943" 25-JUN-1992 09:40:21.03
To: @[STONE]TNSG_INTEREST.DIS
CC: STONE
Subj: STATUS UPDATE: Re-shaping Digital -- Adapting to Reality
SUBJ: STATUS UPDATE: Re-shaping Digital -- Adapting to Reality
>>>> PLEASE COMMUNICATE THROUGHOUT YOUR ORGANIZATION <<<<
As a follow-up to my message of June 15th, I would like to give you an
update on the progress that we have made so far.
On Thursday, June 18, the Board of Directors reviewed and approved the
overall budget level proposal. This budget is part of a plan that
produces a profit for Digital in FY93. With this approval, we have a
clear framework to move forward in finalizing the software engineering
plans for next year.
As I mentioned in the memo last week, our next step will be to work
with the business and marketing groups (McCabe, Christ, Johnson,
Zereski, Gullotti, etc.) to integrate their requests and market
requirements in order to finalize the engineering plans.
A number of questions have been raised regarding the process for the
"skill profiling" and shifting of key resources that we must do as a
key part of re-shaping software engineering. Attached is an excerpt
from the Domain Team report that describes "Staffing by Talent" and
some of the key issues involved. Key members of the Software
Engineering Staff are currently defining the process to accomplish
the needed skill profiling and resource shifting.
There have also been questions about whether an X% reduction in
spending translates directly into an X% headcount reduction. The
answer is that there is not necessarily a 1-to-1 relationship; the
actual result depends on how much we can cut non-personnel expenses.
There is no final downsizing target yet. The status I reported last
week is still accurate:
"It is difficult at this stage to say exactly how many people
will be affected until the sizing and profiling are complete.
To give you some guidance though, I would estimate that we
need to decrease headcount by several hundred people in all
areas of software engineering early in FY93."
In closing, I want to acknowledge that these are difficult times for
each of you. There is a lot of concern for our future -- the changes
we must make will not come easily. But, I am convinced that together,
we have what it takes to rise to the challenge and move forward to a
profitable FY93. Thank you for your continued support.
David
Staffing By Talent
May 1992
As part of the domain team strategy deliberations in early 1992,
it became clear that one problem dwarfs all others: Digital has
spread its engineering and management talents too thin. Precious
few development efforts are giving rise to leadership products.
The result is too many products, many of which are late to
market, of poor quality, and tend to fail to interoperate.
Focus
Focus is by far the most important: know your limits, and don't
take on more than you can finish. Finishing needs several re-
sources, all in limited supply. Of these, dollars get the most
attention, but dollars don't really limit what we can do. The
real limits are talent (both engineering and management) and
attention units.
Talent is the most important resource, and the most limited.
A project without enough talent probably won't get finished no
matter how much money it has, and it certainly won't be compet-
itive. Engineering and management talent are both essential; so
are the abilities to both start and finish projects. These qual-
ities don't always come in the same people. We recommend that
Digital:
o Budget both engineering and technical management talent more
carefully than we budget dollars.
o Maintain an inventory of the best engineers and managers
throughout the organization, so that talent budgeting is
possible.
o Ensure that critical projects have the talent they need to
succeed, and stop projects with too little talent.
o Continue to keep track of the key people during the life of
each project and ensure that they are adequate for the job.
o Keep a "strategic reserve" of talent to meet unexpected
crises, and to give the best people some time when they
aren't under pressure.
=-------------------------------------------------------------=
Excerpt from the April 1992 Digital Software Engineering Strategy
written by Phil Bernstein, Paul Cole, Andrew Gent, Jim Gray,
Alan Kotok, Bill Laing, Butler Lampson (original author of this
excerpt), Alan Nemeth, Mahendra Patel, Jeff Schriesheim, John
Shebell, Gayn Winters, based on the input of eight multifunc-
tional domain teams.
Digital Internal Use Only
|
92.575 | | TERAPN::PHYLLIS | fly through the night | Fri Jun 26 1992 16:51 | 4 |
|
I'm not so sure there'll be tfso checks this time.
|
92.576 | You want talent? Ya gotta pay for it... | GR8FUL::WHITE | Without love in a dream... | Fri Jun 26 1992 17:00 | 10 |
|
Re: David Stone's message....
If talent is f*cking important, the why the h*ll so we pay so
poorly. We deliberately make our pay and benefits average
in the industry - we should not be surprised when many of our
employees turn out to be mediocre...
Bob
|
92.577 | ;^) :^/ | NRSTA2::CLARK | Ever breathe oxygen, son? | Fri Jun 26 1992 17:27 | 1 |
| Yeah, but we got these great notesfiles.
|
92.578 | | CSLALL::HENDERSON | Who's got segmented eyes? | Fri Jun 26 1992 17:49 | 14 |
|
At least David Stone is communicating *something*. I haven't seen 1 iota of
communication regarding this organization.
Jum
|
92.579 | I don't believe this could happen, but... | CSCMA::M_PECKAR | spinning that curious sense | Fri Jun 26 1992 17:55 | 10 |
|
From what I've heard, the worst-case scenario for the next round is a $1b
charge for up to 30K layoffs. That would be an average of 33K per employee.
Sounds pretty good to me!
Of course, most of the money ends up as real restructuring, i.e., Digital going
to a third party to get the services which were provided by layed off employees.
Not_a_pretty_picture_painterP
|
92.580 | | TERAPN::PHYLLIS | fly through the night | Fri Jun 26 1992 18:07 | 7 |
|
A lot of the money goes to re-whateveryoudotoa pension fund, due to
serp.
I heard the one b figure too..
|
92.581 | | TLE::ABBOT | J. R. "Bob" Dobbs in 92 | Mon Jun 29 1992 15:47 | 27 |
| I heard a little more about the layoffs: the present layoff package
expires on July 27, so Stone hopes to have everything done by then.
The next package will offer less weeks of pay and shorter benefits.
Unfortunately it looks like they're mainly going after engineers this
time.
Bob - I think it takes 2 reviews to cover up a bad or bogus one. Often
when they evaluate your past performance they look at your two most
recent reviews. If the one beofre your bogus one was good, your almost
set. You can write a rebuttal to a review at any time, it will be
permanently placed on file with that review. However, it would have
been best to have one ready when you signed (or refused to sign if that
was the case) your review. It's probably too late now, but you could
have challenged the review, and your supervisor would have been forced
to rewrite it if you could defend your points. I know someone who was
successful at this. However when I was given a bogus review (by the
same supervisor BTW) I was not given any choice but to sign it, which I
stupidly did. That was not long after I was ripped off, so as some may
know, my enthusiasm for life was not at its highest point then.
Luckily I got a couple of good reviews from the replacement supervisor.
They used to have a policy where you could ask for an old review to be
removed from your records but you can't do that now.
Let's hope we all survive the next month!
Scott
|
92.582 | what are the options??? | VSSCAD::LARU | run, or fight, or dance! | Mon Jun 29 1992 17:16 | 7 |
| If the next layoff package is less good tht the current one,
then, if one is getting laid off, it's best to be laid off
by 7/27... Is that correct??? Do you have a pointer
to the current package?
thanks,
/bruce
|
92.583 | | TERAPN::PHYLLIS | fly through the night | Mon Jun 29 1992 17:24 | 6 |
|
the last package was 13 weeks for the 1st 2 years, and then 3 weeks for
every year after that.
I'm hearing the next one could just be a flat 13 weeks, regardless of
how long you've been here.
|
92.584 | | CSLALL::HENDERSON | Who's got segmented eyes? | Mon Jun 29 1992 18:03 | 13 |
|
Hmmm...so around here those who were layed off were "chosen" based on the last
2 reviews with length of service being the tie breaker. So, if the next
package is 13 weeks flat, those who did not perform as well, and were not with
the company as long stand to make out better than those who were better per-
formers with greater length of service? Hmmmmm....
Jum
|
92.585 | | TERAPN::PHYLLIS | fly through the night | Mon Jun 29 1992 18:24 | 9 |
|
Exactly. :-/
Every package has been worse than the one before. At the beginning,
the ones layed off were (supposedly) the poor performers. Then when
that wasn't enough, good folks started getting hit. So, yes, it paid
to never make budget (or insert your metric of choice).
|
92.586 | | SLOHAN::FIELDS | Its sad,so sad 'cus the Circus Left Town | Mon Jun 29 1992 18:44 | 6 |
| so what your saying is that soon we will have to pay the company to get
laidoff ? yikes !
Chris
:')
|
92.587 | $.02, fwiw | VSSCAD::LARU | run, or fight, or dance! | Mon Jun 29 1992 19:35 | 6 |
| Well, the ones who won the perf-review/longevity comparisons
and were not laid off *have* been drawing paychecks all these
weeks, so perhaps they are not doing less well with a later
package, after all...
/bruce
|
92.588 | | SLOHAN::FIELDS | Its sad,so sad 'cus the Circus Left Town | Mon Jun 29 1992 19:45 | 2 |
| Bruce this is a true statement ! on paper it might look OK but in my
greymatter it just don't look the same !
|
92.589 | | TERAPN::PHYLLIS | fly through the night | Mon Jun 29 1992 20:00 | 4 |
| >so what your saying is that soon we will have to pay the company to
>get laidoff ? yikes !
:-)
|
92.590 | Poof! | ZENDIA::FERGUSON | Villains always blink their eyes | Wed Jul 01 1992 17:44 | 23 |
| Well, Secure Systems, the group I've been w/ for 3.5 years, has been vaporized.
One product has been cancelled (I think) and my product has been moved to
TNSG (I was getting funded from them anyways).
In TNSG, I'm placed in the system management software solutions group (or
somethiung like this). A bunch of technical leaders and managers are going
to examine all software products in this system management category and
determine which products are redundant. Apparently, we have lots of different
groups engineering like solutions to problems. They want to eliminate all
products that duplicate effort/solutions; whether or not DECinspect will
survive is a big question to all of us. I guess by July 30, they are going
to have a list of products to be cancelled. I tried to ask what was going
to happen to folks on the cancelled projects only to get an answer that
was insufficient.
So, we're in limbo over here. Hopefully they'll do this once, do the cut,
and get on w/ life rather then drag it out over the next year.
If they determine layoffs based on performance, I think I'm covered, but,
who knows. I just hope that HACK some of the managers and process steps out
of the f)&^%#$g system so we can get some work done.
/JC, waiting for the axe to fall.
|
92.591 | gulp | STAR::SALKEWICZ | It missed... therefore, I am | Wed Jul 01 1992 18:54 | 8 |
| :-(
Not good..
My prayers are with you mon
/Soko
|
92.592 | | SMURF::GRADY | Short arms, and deep pockets... | Wed Jul 01 1992 19:02 | 8 |
| Wow, JC - good luck....
You're in the same Business Unit as me. Do you know TCP/IP? So far, we're still
around...but who knows. We ship V2.0 next week, and things could very well
change.
tim
|
92.593 | Go west young man? | CX3PT2::IDWCS3::SMITH | | Wed Jul 01 1992 19:07 | 10 |
|
Hey Mon..
good luck in keeping your job back east. But IF any bad luck comes
your way let me know, There always looking for software types here in
COLO.
Divide Dave
|
92.594 | | CXDOCS::BARNES | | Wed Jul 01 1992 19:11 | 2 |
| JC...whut Divide Dave said....good luck
rfb
|
92.595 | | SALEM::BURNS | world peace begins at home :^) | Wed Jul 01 1992 19:36 | 6 |
| Hang in there JC mon. I'm hopping the best for ya!
Just keep your fingers crossed, keep up the good work and hopefully
it'll pay off for ya :^)
Andy_who_is_also_wondering_what_the_future_work_sit_will_be_like_:^}
|
92.596 | | TERAPN::PHYLLIS | fly through the night | Wed Jul 01 1992 20:00 | 4 |
|
Good luck, JC.
|
92.597 | | MR4MI2::REHILL | Visualize Whirled Peas | Thu Jul 02 1992 12:43 | 6 |
|
I find it interesting that Corporate Policies and Procedures says
that every System on the Easynet must run DECinspect, and yet, we have
some doubts that it will be funded......Makes you wonder.....
|
92.598 | Long strange trip indeed | CSLALL::HENDERSON | Who's got segmented eyes? | Thu Jul 02 1992 15:43 | 10 |
|
Well, I was presented with my 15 year certificate today..can't believe I've
been here that long. Kinda got me reflecting back to what things were like
in this outfit way back then. Sure has changed a lot.
Jum
|
92.599 | | OCTOBR::GRABAZS | where I, dreaming, lay amazed | Thu Jul 02 1992 15:53 | 21 |
| JC - hang in there...don't worry about what might happen
tomorrow until something does happen and then deal with it...
that's the philosophy I'm living by now cause I could drive
myself nuts worrying about all the rumors flying around here.
I think you and I are in pretty similar situations and
also I think you and I have been working our butts off for
at least a half a year...so that's what ya gotta think about
now - YOU know you've done your best, you've done a good job,
you've given alot of yourself to this company - so dwell on
that for awhile - don't worry about what the "higher-ups"
think about you cause there's no control over that - put your
energy into feeling good about yourself cause YOU know you've
done good... don't feed the negativity!
the bottom line here is - if you've sacrificed SO much and
aren't rewarded for it - maybe not rewarded by promtion/raise
but simply keeping a job - is that what/who you want to work
for anyways?
Debess
|
92.600 | | CXDOCS::BARNES | | Thu Jul 02 1992 16:01 | 2 |
| congrats Jum....
rfb (another "over 15 yearer")
|
92.601 | | CSLALL::HENDERSON | Who's got segmented eyes? | Thu Jul 02 1992 16:44 | 10 |
|
Why thank you sir....I can remember my first day (in the old Fountain Co plant)
as if it were 15 years ago :-)
Jum
|
92.602 | | LEDS::MRNGDU::YETTO | discover the wonders of nature | Thu Jul 02 1992 16:55 | 22 |
|
> the bottom line here is - if you've sacrificed SO much and
> aren't rewarded for it - maybe not rewarded by promtion/raise
> but simply keeping a job - is that what/who you want to work
> for anyways?
good point. That is what it has come down to. In responce to a discussion
regarding how we are going to do more and more work with less and less people
my boss's boss's boss told him that we just have to work longer and harder.
That's the way it has to be.
Easy said for someone who hands his progress reports into a VP huh? But what
about for me?? Someone who works her *ss off more than 40 hours a week as it
is. Where/when does it end? And what motivation/reward is there for doing
this?
I have come to the conclusion that the answer to this last question is, a job.
Like it or not it feels like an attitude change (or job change) is in order.
It was fun and I did it because I *wanted* to a few years ago, but......
Good luck to everyone in this next month!!!
|
92.603 | | NRSTA2::CLARK | Ever breathe oxygen, son? | Thu Jul 02 1992 17:19 | 1 |
| Congrats, Cadet Stimpy!
|
92.604 | And that's the way it was.... | TLE::WEISS | Where's the keg? It's at the bottom of the lake! | Thu Jul 02 1992 17:30 | 6 |
| Hmmm...lessee...
15 years ago today, I guess I was sitting around with some friends complaining
that we only had half the summer left before starting 5th grade.....
Dave (whipper-snapper) :-)
|
92.605 | | TLE::ABBOT | J. R. "Bob" Dobbs in 92 | Thu Jul 02 1992 17:38 | 10 |
| That was 22 years ago for me. Spending my last summer in West Lebanon
with the friends I grew up with, knowing that we would be moving by the
end of the summer and I would most likely not see them again.
Hard to believe it's been 16 years since the Bicentennial (TM). I
still have no desire to see a 4th of July parade, I got paraded out
that year.
Scott
|
92.606 | | CSLALL::HENDERSON | Who's got segmented eyes? | Thu Jul 02 1992 17:40 | 15 |
|
I'm girding my loins getting ready for a battle with my boss and his boss as
I try to convince them that I need to replace a person who is taking another
job in the building. I've lost 4 people thanks to TFSO and SERP and we're
having trouble now maintaining our level of support. One person more and
we're (my dept) is in big trouble. Fortunately my boss agrees, but it ain't
as easy as it used to be to replace someone. Not to mention the woman I need
to replace is probably the best worker I've had in this dept and does the work
of 2 (maybe 3 people).
Jum
|
92.607 | | CSLALL::HENDERSON | Who's got segmented eyes? | Thu Jul 02 1992 17:45 | 23 |
|
RE: <<< Note 92.605 by TLE::ABBOT "J. R. "Bob" Dobbs in 92" >>>
> Hard to believe it's been 16 years since the Bicentennial (TM). I
> still have no desire to see a 4th of July parade, I got paraded out
> that year.
Yep...there were lots o' parades and stuff that year...my middle son (and
also my firstborn) was born on the 2nd (16 years ago today!) and so I have
some nice memories about all that stuff...but it was bordering on overkill
that's for sure..
Remember all the bicentennial collectors junk that was out then? Geesh
Jum
|
92.608 | | CUPTAY::BAILEY | A pirate looks at 40. | Mon Jul 06 1992 12:47 | 95 |
| ... several headers removed ...
--------------------------------------------------------------------------------
DEC's Reorganization: The Persistent Blind Spot
Author: Melling, W. Source : GG: Small Computer Systems
Type : Research Service
Date : 29-MAY-92
Failure to Communicate Strategic and Product Messages to Sales Force
Key Issues:
- - What is DEC's long-term business strategy?
- - Can DEC attune itself to the needs of a large user organization?
When Gartner Group analysts talk to DEC engineers, we come away with a
positive impression -- both of the current product set and of future product
strategies. Then we talk to our clients -- and to front-line DEC sales reps --
and conclude that DEC is discarding its best sales messages somewhere between
the engineer and the sales rep. In a market where IBM, HP and Unisys are
making money, and at a time when DEC's products are more competitive than
ever, DEC's declining product sales clearly signal that the failure to
communicate strategic and product messages is costing the company dearly.
Where is the blockage? It starts with a culture that believes that selling is
inherently embarrassing, that sees needs creation as "selling people things
they don't need," and that can say with a straight face that a good technical
handbook will sell a good product. The cultural attitude is driven home by
high symbolism -- no one whose character has been "stained" by selling has
ever been asked to manage the DEC sales function.
The cultural fall-out is evident in communications to the sales force. Heavily
focused on "technofactoids" about product, DEC's sales literature and sales
training presentations skim over broad trends, ignore "Why was it necessary to
build this product?", treat competitive analysis as a feature list comparison
and rarely offer long-term user strategies. An awful example is Sales Update,
DEC's primary journal used internally for product announcements, which is
notable for banal production values, uneven writing skill, and inconsistent
format. (It is instructive to note that in a company which is fanatic about
architecture, the primary vehicle for communicating with the sales force is
visibly not "architected.") Sales Update is so full of detail, and so empty of
perspective, that most sales reps are overwhelmed by it, and many don't even
try to read it seriously. The results are predictable. DEC has, for example, a
leadership position in three-level client/server software for fault-tolerant
OLTP, with a string of recent competitive wins. We recently encountered
approximately 30 DEC sales reps in eight cities who did not know of the trend,
or recognize the name of the software product involved. There is little point
in engineering leadership technology if your sales reps don't know about it.
Technological Advantage in Jeopardy
o Needs creation -- DEC has a window of advantage in both repository and
object brokering. However, most users have no idea that they need a repository
or an object broker. Unless the DEC sales force can first do needs creation
and then sell selection criteria, there is little point describing the
features of CDD/Repository or of ACA -- but describing features is what the
DEC sales force is equipped to do.
o Strategic leadership -- Multivendor "disintegration" is an almost universal
problem, and in Network Application Support (NAS), DEC has one of the
industries better solutions. Strategically, what CIOs want to understand is
why the job of multivendor integration can't be done by "open systems," or by
Oracle -- in short, why NAS is necessary. Then they want to know where they'll
be in five years if they use NAS today. NAS sales training goes straight to
the features of today's product. The result is that too few DEC sales reps can
articulate NAS strategy; and of the DEC customers we talk with, too few have
had a coherent NAS presentation from DEC.
o Philosophical credibility -- DEC's VMS and Unix systems are both as "open"
as any systems on the market. Selling them, however, requires dealing with the
subtle (but accurate) premise that "open" does not equate to "Unix," but
rather describes compliance to standards which transcend the operating system.
To sell that idea, you must first establish your sincere enthusiasm for open
systems. DEC has not worked effectively to achieve a religious conversion to
"open" in its sales force, with the result that many customers cross DEC off
the bid list on the grounds that "we can't get the sales rep to talk seriously
about open systems."
Won't the New Organization Fix This?
We are pessimistic. As a DEC sales executive said to us at DECworld, "65
percent of fixing a problem is recognizing you have it, and admitting it. Only
35 percent is actually doing the fix." We believe that DEC senior managers do
not understand the seriousness of this issue (0.7 probability). We are
convinced that they are not ready to admit it except as lip service. We are
forced to conclude that DEC will let the window close on much of its current
technological advantage without turning it into market share (0.8 probability
through 1994).
|
92.609 | stuff | ZENDIA::FERGUSON | Villains always blink their eyes | Mon Jul 06 1992 14:55 | 26 |
| re: decinspect (jim r)
if we get canned, decinspect will most likely be transformed to maintenance
mode only to some IM & T group. At least this is my guess. So, it won't
really go away - instead, IM & T will control 100% of it and take 8 times as
long to get something done because they'll have to have 5 million committees
involved to make the different decisions. i've worked in im & t and know
how they operate - that is why i jumped ship.
re: philosophy
i pretty much do what debess said: kick back and enjoy until faced w/
disaster. a lot of folks worry for nothing, i think. if you know that
something bad or good is going to happen in 40 days, and you worry for
those 40 days and it turns out good, well, you've wasted 40 days!!! life is
too short for that.... i'm just hangin' out until the committees figure
out which products to kill; until then, i be takin' vacation and relaxing.
however, sometimes this is hard to do because a lot of folks around here
are quite serious and worried (i don't take my life quite a serious as
some)... rightfully so as they may have families and/or morgages to pay
where as I don't, so i can't really relate to them. perhaps when i have
other responsibilities i too will worry more then i do now. i'm lucky i
suppose as i have no debt and some savings.
jc
|
92.610 | | CXDOCS::BARNES | | Mon Jul 06 1992 15:19 | 4 |
| re:..." I'm lucky I suppose...I have no debt and some savings..."
ya got that right!
rfb (with lots o debt and NO savings)
|
92.611 | Anyone know the scoop? | TLE::WEISS | Maine: Where pizza is rocket science. | Tue Jul 07 1992 13:24 | 15 |
| Hiya All!
I've been hearing rumblings about GHWB offering DEC a 1/2 billion dollar DARPA
contract if KO puts off the layoffs 'til after elections...
Does anyone know what's up with this?
Besides that fact that this is blatent political bribery (which I certainly
expect from the (imho) asshole we call president (hey, *I* never voted for him)).
Can he do that? I don't know the process through which contracts like this have
to go through...
If this is true, I will be one extraordinarily unhappy/disgruntled employee...
Dave
|
92.612 | i doubt it... | JUNCO::DWEST | if wishes were horses... | Tue Jul 07 1992 13:39 | 27 |
|
hmmmm,... i have a hard time with this... to my knowledge, the
president can INFLUENCE the decision on who would get a contract like
that but i don't know that he has the power to award it outright under
these kinds of circumstances... does anyone know for sure? it seems
to me that if it's true (which i tend to doubt at this point) GHWB
might be promising something he can't necessarily deliver...
besides, i'm not convinced that postponing layoffs until after the
election would make that much difference... i mean, it's not like this
could be widely publicized to get people to vote for republicans...
if it were publicized it would have the opposite effect i would
think... even though DEC would be favorably impacted by such a sale,
i don't think it would buy many votes... the best George could hope
for (assuming the contract was awarded/announced AFTER the election) is
that by not being laid off now, people would not vote against him out
of spite for the economic situation... if it were awarded/announced
BEFORE the election (highly unlikely IMHO) i believe we would look at
it as having beat out the competition wit better products/services
for the job... after all, sometimes the govt can make smart decisions
too! :^)
i will require considerable convincing... i don't buy it at all...
if i'm wrong and it is true, i agree it's really sleazy... it doesn't
seem very likely or realistic to me though...
da ve
|
92.613 | DoD acronym? | CIVIC::ROBERTS | a blinding flash o'the obvious | Tue Jul 07 1992 13:39 | 6 |
|
I still want to know what a DARPA is ... and BTW, the whole concept of
BushleagueMan offering DEC $$$ to throw the election sounds absolutely
possible. I believe it ...
paranoid_carol
|
92.614 | that would really piss me off ... | CUPTAY::BAILEY | A pirate looks at 40. | Tue Jul 07 1992 13:40 | 13 |
| As someone who's extremely worried about being one of the casualties in
the next round, I'd really rather cut the political horseshit and just
get on with it. My boss told me that we'll all know on July 27 who's
getting the axe, and if I'm gonna get laid off I'd rather have it
happen now than to prolong the agony of not knowing for another few
months.
Then again, since when did our dear president give a shit about
people's feelings, lives, or anything else except how much money he can
make by being the president.
... Bobbb
|
92.615 | :-| | TLE::WEISS | Maine: Where pizza is rocket science. | Tue Jul 07 1992 13:48 | 13 |
| IMO, GHWB's biggest worry about the election is the economy. The more people
out of work, the more people will realize that he and his admin hasn't the
smallest clue on how to fix the economy, the more people vote for someone else.
What he wants to do is give the illusion that things are getting better (which
they are NOT (imo). DEC laying of 20K in one fell swoop *will* make national
news, which will make people realize how fucked-up things are. More possiblity
that he'll get das-work-boot!
As far as I'm concerned, I hope unemployment goes up to 10% by november! I don't
care if I'm one of 'em...as long as it wakes up the sleeping idiots in this
country who don't realize how much raygun/bush helped screw things up.
Dave (cruel, but we need it!)
|
92.616 | There I go again | CSCMA::M_PECKAR | spinning that curious sense | Tue Jul 07 1992 14:06 | 29 |
| The issue isn't gaining popularity directly , its gaining popularity through
improving the economy. Massachusetts, and New England in general, BION, is
important to Bush, since its being hit hardest by the recession and may even be
the the reason why the whole nation's recovery is being delayed. Economic
recovery is the single biggest real threat to Bush's re-election (perot is the
single biggest non-threat :-) ). DEC is the single biggest employer in the
region, and Employment trends are the single biggest indicator of economic
recovery.
Putting this all together, it is not surprising that Bush himself would try to
influence DEC's layoff policy by waiving Government contractual carrots in
front of KO's nose. There is plenty of precedence. Remember, this is the guy
whose first act as president was to assure that the site for the
multi-super-billion-dollar super-high-tech super-conducting super-rific
super-colider was his home state Texas.
The whole legacy of the Reagan-Bush Dark Age has been manipulating corporate
interests for political gain at the expense of social improvement. As
indiviuals, we are weaker, as corporations, we are stronger, and as an
institution, the government is more totalitarian. I can go on and on in citing
examples, like the S&L nightmare, the exhoneration of the government and
corporations for environmental responsibility, Live and let die economic
policy (reaganomics), The New World Order, etc., etc.
Funny how we all may end up the benificiaries of this manipulation by our
current government. Personally, I'd like to think DEC could make it without an
under the table bail-out from Uncle Sam, but if _all_ of DEC's fraternal
comrades in the Royal Order of the Fortune 100 live by the mighty federal
political greenback, why shouldn't DEC?
|
92.617 | Darpa | CSCMA::M_PECKAR | spinning that curious sense | Tue Jul 07 1992 14:20 | 2 |
|
Defense Advanced Research Projects Agency
|
92.618 | | STUDIO::IDE | now it can be told | Tue Jul 07 1992 14:37 | 24 |
| re: <<< Note 92.616 by CSCMA::M_PECKAR "spinning that curious sense" >>>
>Massachusetts, and New England in general, BION
^^^^
Aw, shoot, I was gonna try to come up with some funny interpretations
of this acronym, but it just hit me: Believe It Or Not.
I don't. The Republicans quadrannually concede Mass' electoral votes
to the Democrats before the campaign even begins. Bush's '84 speech on
Boston Harbor had an effect on voters nationwide, but Dukakis still
carried the state. John Birch could carry this state as long as he ran
on the Dem ticket. BTW, don't pester me about Weld; he's the liberals'
conservative and Herr Doctor was the alternative.
>Remember, this is the guy whose first act as president was to assure
>that the site for the multi-super-billion-dollar super-high-tech
>super-conducting super-rific super-colider was his home state Texas.
And I thought his first act was to bop Barbara on the Lincoln bed. :^)
I thought the collider was being built elsewhere. No matter,
construction was halted a year ago and it looks dead.
Jamie
|
92.619 | | VERGA::STANLEY | what a long strange trip it's been | Tue Jul 07 1992 14:46 | 13 |
| CSCMA::M_PECKAR
>Funny how we all may end up the benificiaries of this manipulation by our
>current government. Personally, I'd like to think DEC could make it without an
>under the table bail-out from Uncle Sam, but if _all_ of DEC's fraternal
>comrades in the Royal Order of the Fortune 100 live by the mighty federal
>political greenback, why shouldn't DEC?
But... it isn't to *prevent* layoffs, it's to *delay* them until after
the elections. An important distinction there... don't you think?
I don't see it as 'us ending up being the benificiaries' as you do...
seems to me that we are just pawns in the game again...
|
92.620 | A Submarine in every pot! | CSCMA::M_PECKAR | spinning that curious sense | Tue Jul 07 1992 14:47 | 14 |
|
> I don't. The Republicans quadrannually concede Mass' electoral votes
> to the Democrats before the campaign even begins. Bush's '84 speech on
Again, my point was the votes aren't important to Bush, the Economy is,
independant of the regions where the voters are; I am conjecturing that New
England's economy may be pivotal to the country's general recovery, at least in
Bush's camp's view. (remember all the hoopla with Electric Boat in 1980?)
> I thought the collider was being built elsewhere. No matter,
> construction was halted a year ago and it looks dead.
Nope, Dallas got the contract, and millions of federal dollars, regardless of
the current state of the project.
|
92.621 | | VERGA::STANLEY | what a long strange trip it's been | Tue Jul 07 1992 14:50 | 1 |
| You mean Dallas gets money even if the project is killed?
|
92.622 | It is believable, but I'm not buying yet | MR4DEC::WENTZELL | Don't say I didn't warn you | Tue Jul 07 1992 14:52 | 12 |
| >But... it isn't to *prevent* layoffs, it's to *delay* them until after
>the elections. An important distinction there... don't you think?
Yeah, and it would make for a real happy holiday season around here...not.
KO seems to have a tendancy to buck trends and do what *he* thinks is best for
Digital. Do folks really think he'd buckle to GHWB? Then again, I have no
idea where KO's political interests fall.
Anyway, I don't really choose to believe this rumor just yet.
Scott
|
92.623 | | CSCMA::M_PECKAR | spinning that curious sense | Tue Jul 07 1992 14:56 | 9 |
|
> You mean Dallas gets money even if the project is killed?
The Texas econmony _got_ millions in research, feasiblity, pre-construction,
design, and development money. I beleive they even built a highway out to the
middle of nowhere. I'll look for some specifics during lunch and get back to
ya...
|
92.624 | not... | JUNCO::DWEST | if wishes were horses... | Tue Jul 07 1992 15:07 | 59 |
| while i agree that New England is important to Bush (probably nowe more
than ever since he's not doing real well in the polls) i still have a
hard time with this...
let's say for the sake of argument that he gives DEC the contract
BEFORE the election (which i still am not convinced he can do)...
that will NOT signal to the country that the economy is improving...
it will just signal that the govt is spending big defense bux and that
DEC won the contract... all he will win around here is maybe a few
DECcie votes... will this 1/2 billion dollar contract improve things
around here or remove the need for layoffs? hell no... granted it's
a big contract but i've got a huge hole in the ground outside my
office window that's worth as much to DEC as this contract is...
and we still have wall street screaming about how fat we are... this
contract will not make us look any skinnier and all we'll hear about is
how we are unwilling to make the cuts and take our medicine... the
best we could hope for is that it will mean fewer people get let go...
i can't see it eliminating the need for layoffs... they've got to
happen and the longer we wait the more of a thrashing we take in the
press...
for the sake of illustration, let's ssay GHWB awards this contract to a
local competitor of ours and see how much difference it will make...
let's say DGPrimeWang (oh, you haven't heard of them? :^)...
GHWB awards 1/2 billion contract to DGPrimeWang...
will your perception of the economy's general health change as a
result??? probably not... more likely you will think about how much
money the gov't is spending on a defense project in these pretty
peaceful times...
will this alleviate the need for them to make changes in
DGPrimeWang's business?? not really... if the general health of the
economy is unchanged, these people will have bought themselves time
but changes to thier business will still have to happen or stock prices
will not rebound...
will you as a DEC employee (or just a general member of the
population) believe that GHWB has done you a favor and is deserving of
your vote because DGPrimeWang has gotten a little breathing room?
unlikely... you'll probably think that DGPrimeWang caught a break
or did some amazing piece of business, but that's good for them and
doesn't really affect you...
will GHWB look like a more appealing candidate overall??? i
hardly think so...
i should think that there is precious little to gain from a proposition
like this, and to make things worse, if it ever got out that this
little bit of manuevering happened it would DISASTROUS for his
campaign...
yes, i do believe stuff like this could happen, but i do not believe
this rumor...
da ve
|
92.625 | FWIW | TLE::WEISS | Maine: Where pizza is rocket science. | Tue Jul 07 1992 15:11 | 7 |
| I have also heard that this 'rumor' was reported on NPR. I didn't hear it from
NPR directly, but I talked to someone who heard it on NPR...
Believe it if you need it!
Dave ("and I saw it was time for a change..."
Mick Jagger - Sympathy for the Devil)
|
92.626 | Follow up on the texas SSC... | CSCMA::M_PECKAR | spinning that curious sense | Tue Jul 07 1992 15:22 | 60 |
| According to this, $1.2 Billion has been spend on the project so far.
<<< DECWET::DOCD$:[NOTES$LIBRARY]PHYSICS.NOTE;1 >>>
-< Physics >-
================================================================================
Note 18.13 Superconducting Supercollider (SSC) note 13 of 16
VERGA::KLAES "All the Universe, or nothing!" 50 lines 20-JUN-1992 12:39
-< 10,000 jobs and priceless science could be lost >-
--------------------------------------------------------------------------------
Article: 2458
From: clarinews@clarinet.com
Newsgroups: clari.tw.space,clari.news.gov.state,clari.news.gov.usa
Subject: State could reclaim SSC land, officials say
Date: Sat, 20 Jun 92 11:08:57 PDT
AUSTIN, Texas (UPI) -- State officials claim they would have
the legal authority to repossess land above Ellis County's
superconducting super collider if the federal government decides to
pull out of the project.
Texas' $8.2 billion commitment to the research facility being
built in Waxahachie is contingent on federal funding, which is in
doubt in Congress.
The Department of Energy is drilling a 53-mile-long hole under
hundreds of acres of land that either has been or is expected to be
purchased from the owners for the SSC.
``I don't know how they're going to carry the hole off if they
don't have the land,'' said Charles Perry, a member of the Texas
National Research Laboratory Commission charged with overseeing the
state's end of the funding.
The House of Representatives voted, 232-181, Wednesday to
reject funding for the collider. Sen. Lloyd Bentsen is expected to
spearhead the effort to save the project in the Senate.
Executive Director Ed Bingler said the commission has given
him the authority to slow down or cancel certain Texas decisions if
federal inaction is likely.
Steps that might be taken include postponing land acquisition,
delaying capital expenditures and transferrng money to the federal
trust fund set up for the project, Bingler said.
The state's part of the bargain with the federal government
started with $520 million in constitutionally approved bond money for
capital expenditures. So far, about $320 million remains unspent,
although committee official Jerome Johnson said some may go to federal
contractors, and another $50 million is earmarked for state contractors.
``I think this thing will be funded and I think it's a mistake
for us to do anything that in any way delays the progress of that
project,'' Johnson said.
Halting work on the SSC could mean the loss of 10,000 jobs,
cancellation of more than $600 million in contracts and a loss of as
much as $1.2 billion spent on the project so far.
|
92.627 | not not | CSCMA::M_PECKAR | spinning that curious sense | Tue Jul 07 1992 15:31 | 15 |
| RE: <<< Note 92.624 by JUNCO::DWEST "if wishes were horses..." >>>
-< not... >-
da ve,
I think Bush could give two kaka's about's DEC's bottom line or how
well its performing in the market. What is of critical importance to him is
that 20 or 30 thousand people not get layed off before the election. That is
what he is rumored to be negotiating for, nothing else: its a straight enough
offer: Bush will promise to manipulate the government into granting DEC a $.5B
contract in exchange for DEC delaying any major layoffs until after the
election.
I agree the contract will not turn DEC around or the economy around,
its the Jobs that are key, here: more unemployed in New England would be simply
ruinous to Bush's campaign. IMHO.
|
92.629 | i understand your point... i'm still not buying... | JUNCO::DWEST | if wishes were horses... | Tue Jul 07 1992 15:49 | 20 |
| yes, i understand that Mikey... i'm just saying that i don't think
this half billion is worth the hassle to Ken... even if we got the
contract, the bad press we'd get all over wall street if we DIDN'T
layoff would not be worth it... we've been saying too long and too
loud that more layoffs were coming (and wall st has too)... a half
billion dollar contract won't be enough to stop that...
if we agree to wait til after the election, what do we tell the public?
that this half billion is going to turn things around for us? not...
that layoffs were no longer necesssary??? not...
that we promised George we'd wait??? not...
that we were re-evaluating how many need to go? possibly, but that
still says "layoffs on the horizon" and the net gain for George is
nil... also we'd get trashed on wall st... no thanks...
imho GHWB would have too little to gain and too much to lose to make
this plausible...
da ve
|
92.630 | its all a dreamed we dreamed some afternoon... | CSCMA::M_PECKAR | spinning that curious sense | Tue Jul 07 1992 16:23 | 11 |
| I agree wif ya, da ve, and I'm not biting quite yet either. I fully believe its
a possibility, though, and I agree its not Digital's way to make deals like
this, However....
> contract, the bad press we'd get all over wall street if we DIDN'T
> layoff would not be worth it... we've been saying too long and too
...please remember, that Digital has gotten bad press from Wall Street for not
having enough Debt, not being shortsighted in its planning, and spending too
much on R&D, so I'd be _very_ surprised if Digital got any bad press for
doing something Wall Street expects of its less scrupulous disciples. :-)
|
92.631 | Just a coupla thoughts... | SMURF::GRADY | Short arms, and deep pockets... | Tue Jul 07 1992 17:56 | 32 |
| The rumor doesn't sound very realistic...
Marv's story about the leak DOES sound realistic, and I
tend to believe it. It would make a nice ploy to bump
the stock up a couple points before a quick sell, but that's
just mere conjecture on my part.
GHWB certainly does have the power to implement it, since
the DOD is a big part of his job. If it did happen, and
I was IBM, Sun, or HP, I'd sue. If the rumor is true,
I'd probably win. GHWB would lose, big.
Most of all, I have a hard time believing KO would have
anything to do with it whatsoever, and it is not conceivable
to me that he would be unaware of it.
Incidentally, I heard this rumor this morning way over here
on the opposite side of ZKO from Dave. I think it's just
another hoax.
It's a silly rumor, playing to the hopes of an understandably
nervous or even desparate audience, for no good rumor.
I suggest we drop it, and put an end to it.
Now just you watch. Now that I've made a public statement
like this, discrediting the rumor, it'll turn out to be
true. Oh, those silly Republicans, what can you do with them?
Ya can't vote for them, and ya can't shoot 'em either.
:-)
tim
|
92.632 | Rumor so far; I'm sure there is more to come! | ZENDIA::FERGUSON | Villains always blink their eyes | Tue Jul 07 1992 18:30 | 13 |
| Stock is 34 1/2, up 7/8 as of 14:00 7-Jul-92.
The Boston Globe had a very small article on this buried in the first section
a couple of pages before the editorials. Normally, I would expect something
like this to be in the business section, but, I guess since it is a rumor, it
belongs elsewhere.
I would be saddened if KO knuckled under to Bush on this deal. My vision of
KO is a honest, hard working person; if he did something like this, all of
his integrity would suffer.
Let's hope this is just a rumor. Also, let's hope that BUSH does NOT get
re-elected.
|
92.633 | I hate DCU | NECSC::LEVY | Jock-a-Mo Fee-No HEY! | Thu Jul 16 1992 15:23 | 6 |
| I went over to DCU to buy Money Orders and they wouldn't let me, 'cause I
don't have an account.
What crap!
~dave
|
92.634 | | LANDO::HAPGOOD | | Thu Jul 16 1992 17:13 | 18 |
| <<< Note 92.633 by NECSC::LEVY "Jock-a-Mo Fee-No HEY!" >>>
>I went over to DCU to buy Money Orders and they wouldn't let me, 'cause I
>don't have an account.
Two ways to look at it.
The first way is that it is crappy.....and I tend to agree that they could
charge you .50cents more than a member and service your req's no problem.
The 2nd one is a membership thing that you had the opportunity to join
but didn't....
I agree though - they ought treat you right in hopes that you will join
....
I dunno!
I should shut up but I have been so busy lately and right now, well I'm
catching up!
bobo
|
92.635 | grrrrrrrr | CSCMA::M_PECKAR | spinning that curious sense | Thu Jul 16 1992 17:55 | 4 |
| That's rediculous!!!
I strongly encourage you to elevate to the new, "rigth-choice" DCU board...
|
92.636 | | LEDS::MRNGDU::YETTO | discover the wonders of nature | Thu Jul 16 1992 20:25 | 4 |
|
Of which the chairperson sits two aisles away from Fog...
|
92.637 | | SMURF::PETERT | | Thu Jul 16 1992 20:49 | 5 |
| What type of MO does DCU give out? GDTS will only accept Post Office
and American Express ones.
PeterT
|
92.638 | | JUNCO::DWEST | if wishes were horses... | Thu Jul 16 1992 20:50 | 2 |
| DCU give American Express... only the post office gives postal money
orders! :^)
|
92.639 | that's why the stock's up 2 1/2! | DEMING::CLARK | Bold As Love | Thu Jul 16 1992 21:40 | 8 |
| this just in ...
supposedly official announcement that KO will retire on October 1
and that Palmer will replace him.
Somebody got is off NPR.
- Dave
|
92.640 | | VSSCAD::LARU | run, or fight, or dance! | Thu Jul 16 1992 21:42 | 1 |
| this seems to have been confirmed in HUMANE::DIGITAL 1992.*
|
92.641 | | CXDOCS::BARNES | | Thu Jul 16 1992 21:43 | 2 |
| WHOA!!!!!!!!! that's some rumor!
rfb
|
92.642 | TRUE! | POWDML::DEDGAR | | Thu Jul 16 1992 21:51 | 4 |
| Not a rumor..... it's true! Unbelievable!!!! Kind of sad, but
a good move on KO's part. Wonder if he'll be chairman of the board?
D
|
92.643 | DCU weirdness | EZRIDR::SIEGEL | The revolution wil not be televised | Thu Jul 16 1992 22:07 | 12 |
| re: money orders at DCU.
Apparently, DCU takes the money for your money order (plus a $0.75 fee)
directly from your savings account. That's why, if you request a money order
for $20, your receipt will indicate a $20.75 transfer from checking (for
instance) to savings, then a $20.75 withdrawal from savings. This assumes you
don't have the money in your savings acct to begin with. So, if you don't have
a savings account, they can't make the money order.
I think this is correct.
adam
|
92.644 | Ken is retiring | MR4DEC::WENTZELL | Don't say I didn't warn you | Fri Jul 17 1992 12:36 | 9 |
| Well, here's something that I didn't even catch a wiff of a rumor of - the 11
o'clock news (at least 2 stations in Boston, 4 and 5) reported last night that
Ken Olson is RETIRING.
I was kind og half asleep and didn't catch when or who his replacement was, and
I changed channels to see if it was on the other station and caught the tail of
of their report. Anyone know when he's leaving and who will take his place???
Scott
|
92.645 | Always the last to know! 8^) | MR4DEC::WENTZELL | Don't say I didn't warn you | Fri Jul 17 1992 12:37 | 4 |
| Whoops, I guess I should have gone back a few notes...
Scott
|
92.646 | Outta here | MR4DEC::WENTZELL | Don't say I didn't warn you | Fri Jul 17 1992 13:23 | 4 |
| My boss is in Germany this week and just called and said Pierre Carlo (sp?),
head of DEC-Europe, is leaving the company.
Scott
|
92.647 | I'm psyched! | DEMING::CLARK | Bold As Love | Fri Jul 17 1992 14:29 | 6 |
| re: Europe ... That's Pier-Carlo Falotti
re: Palmer ... Excellent choice! This guy is a '90s kind of
CEO, with a '90s outlook on the industry. Watch DEC kick butt!
- Dave
|
92.648 | | TLE::ABBOT | J. R. "Bob" Dobbs in 92 | Fri Jul 17 1992 14:30 | 10 |
| The official announcement has been making the mail rounds (got 3 or 4
copies this morning). Bob Palmer, VP of manufacturing, is replacing
KO.
Suppose one can look at this two ways: the captain jumping ship, or
getting some new blood into the top level. I hope this will be a
positive move.
Scott
|
92.649 | | GIAMEM::CONNORS | | Fri Jul 17 1992 14:32 | 5 |
|
IMHO....
Palmer is gonna clean house! Hang onto your hats come
Oct/Nov.....
|
92.650 | Just the facts... | GR8FUL::WHITE | Without love in a dream... | Fri Jul 17 1992 14:44 | 12 |
|
Re: Bob Palmer
Whoa!
All that has been said is that Ken Olsen has recommended to the
Board of Directors that Bob Palmer be his replacement as CEO.
While there may be a good chance of this, it's not a done deal
until the BoD makes the actual appointment.
Bob
|
92.651 | Palmer will be good | MR4DEC::WENTZELL | Don't say I didn't warn you | Fri Jul 17 1992 14:46 | 14 |
| >Palmer is gonna clean house! Hang onto your hats come
>Oct/Nov.....
A guy in the office here saw a local business reporter make the following
statement last night - if Olson was dragging his feet in cutting 15,000 people,
Palmer will cut 30,000 in the blink of an eye.
The analysts say DEC should be around 80,000 but will settle for 90,000. We
are currently at about 116,000.
I think this will be a very positive move for DEC, but many of the current
employees won't be around to reap the benefits. 8^/
Scott
|
92.652 | Will ken remain as board chairman?? | MR4DEC::WENTZELL | Don't say I didn't warn you | Fri Jul 17 1992 14:50 | 14 |
|
>All that has been said is that Ken Olsen has recommended to the
>Board of Directors that Bob Palmer be his replacement as CEO.
>While there may be a good chance of this, it's not a done deal
>until the BoD makes the actual appointment.
True statement. I have heard though that the board "suggested" that Ken
reccomend him. Whether that is true or not, it's a pretty safe bet that they
would not have given the choice so much publicity if if wasn't a "done deal",
IMO.
Scott
|
92.653 | Its a conspiracy!!! | CSCMA::M_PECKAR | spinning that curious sense | Fri Jul 17 1992 15:21 | 7 |
|
What I'd like to know is, who paid off KO, the Dem's or the Rep's...
:-) :-) :-)
|
92.654 | | LANDO::HAPGOOD | | Fri Jul 17 1992 16:57 | 5 |
| <<< Note 92.653 by CSCMA::M_PECKAR "spinning that curious sense" >>>
-< Its a conspiracy!!! >-
:) :) :)
|
92.655 | What is it they call it? | EBBV03::SMITH | Lets get together B 4 we get much Older | Fri Jul 17 1992 18:58 | 2 |
|
It's a COO . . . . . (sp)
|
92.656 | | ROADKL::INGALLS | Wish I was a Nomad, Indian or St. | Fri Jul 17 1992 19:44 | 10 |
| >> It's a COO . . . . . (sp)
Coup d'etat - sudden unconstitutional overthrow of a government by a group of
persons in or previously in authority
Or maybe more appropriately :^/
Coup de grace - a death blow or finishing stroke as delivered to one who is
mortally wounded
|
92.657 | | CSCMA::M_PECKAR | spinning that curious sense | Mon Jul 20 1992 17:50 | 7 |
|
Need some good excuses for either skipping out of a meeting or blowing it off
entirely...
..for a friend of course...
:-)
|
92.658 | | LEDS::MRNGDU::YETTO | discover the wonders of nature | Mon Jul 20 1992 17:57 | 3 |
|
the dog ate my homework?
|
92.659 | | GIAMEM::CONNORS | | Mon Jul 20 1992 18:06 | 1 |
| the cable people are coming sometime between now and 6:00
|
92.660 | | CSLALL::HENDERSON | Keep hope alive! | Mon Jul 20 1992 18:09 | 3 |
|
I have to empty my dehumidifier from the porcelan throne?
|
92.661 | | EBBV03::SMITH | Lets get together B 4 we get much Older | Mon Jul 20 1992 18:28 | 6 |
|
Going to the cafe and ask for a small plastic bag of
garbage, chuck in into your trash barrel (or even better
yet, on the floor :-) and show it to your boss....tell
him your ill and you need to get home to the porcelan
throne ;-)
|
92.662 | Here's some, Fog...Dave | DRINKS::WEISS | Eight Canadian dollars I'll never spend. | Mon Jul 20 1992 18:45 | 141 |
|
This was printed in the Minneapolis Star Tribune on May 25, 1989.
The have granted permission for its reproduction here.
--Eric Hendrickson
eric@ux.acss.umn.edu
99 Excuses For Skipping Out Of Work Early
---------------------------------------------------------
1. My kids are locked outside.
2. My kids are locked inside.
3. My kids are stuck in the door.
4. I have to help my grandmother bake cookies.
5. I have to help my Aunt Flo in Omaha nake cookies -- she's much
better now and she wants to send thank-you cookies to everyone who
came to see her when she thought she was dying.
6. The Water Department has to read my meter once a year and this was
the only time they would come.
7. The gas company has to read my meter once a year and this was the
only time they would come.
8. The water meter guy and the gas meter guy were both leaving cards
on my door about me not being home, and they got into a fight about
whose meter was better, and I have to go home and clean up.
9. My daughter is graduating from high school and I'd like to go to
the ceremony.
10. My daughter is receiving a Nobel Prize and I'd like to go to the
ceremony. (Do not use within one month of #9).
11. I have to pick up my car at the shop; if I don't get there in half
an hour it'llbe locked up all weekend.
12. I have to get my car to the shop; if I don't get it there in half
an hour it'll be locked out all weekend. (Don't use if boss seems
wide awake).
13. My dog has a rash all over, and the vet closes early today.
14. My cat has a rash all over, and the vet closes early today.
15. My kid has a rash all over, and the vet closes early today.
16. My truss snapped.
17. My support hose popped.
18. I got my fingers stuck together with Krazy Glue.
19. I'm arranging financing for a house.
20. I'm arranging financing for a car.
21. I'm arranging financing for a beef roast.
22. The couch I ordered umpteen weeks ago has arrived and this was the
only time they could deliver it.
23. The refrigerator I ordered umpteen weeks ago has arrived and this
was the only time they could deliver it.
24. The baby we arranged for nine months ago is arriving, and I think
this is the time it's being delivered. (Note: This is an excuse
that can't be used by just anybody. But if it's close to accurate,
it's extremely effective.
25. I have been asked to serve on a presidential advisory panel.
26. I'm being sent to the moon by NASA.
27. It's Dayton's Warehouse Sale.
28. My back aches.
29. My stomach aches.
30. My hair aches. (This is more acceptable than "I have a hangover,"
especially if offered in the early afternoon.)
31. My biological clock is ticking.
32. I have to take my biological clock in for service.
33. My furnace won't stop running, and the goldfish are getting poached.
34. My central air conditioning won't stop running, and the goldfish
are getting freezer burn.
35. Both my furnace and my central air conditioning won't stop running.
The goldfish are fine but my basement is about to explode.
36. I have to go to the airport to pick up my mother.
37. I have to go to the airport to pick up my minister.
38. I have to go to the airport to pick up my minister's mother.
39. I have to take my mother to the doctor.
40. I have to take my minister to the doctor.
41. I have to take my doctor to my minister.
42. I think I left the iron on.
43. I think I left the water on.
44. I think I left the refrigerator on.
45. I'm getting married, and I have to go pick out rings.
46. I'm getting married, and I have to take a blood test.
47. I'm getting married, and I have to figure out to whom.
48. I have to have my waistband let out.
49. I have to have my watchband let out.
50. I have to have my son's rock band let out.
51. I'm having my eyes checked this noon, and they put drops in them so
I won't be able to work afterwards.
52. I'm having my ears checked this noon, and they put drops in them so
I won't be able to work afterwards.
53. I'm having my hats checked this noon, and I'll be having a drop or
two so I won't be able to work afterwards.
54. I'm having a root canal.
55. I'm having a tax audit.
56. I'm going on a date with a sadomasochistic necrophile. (Is that
beating a dead horse?)
57. My broker needs to talk with me about diversification.
58. I have to rearrange my savings so that there is no more than
$100,000 in any one federally insured institution.
59. I need to break into my kid's piggy bank while he's not home.
60. I have to renew my driver's license.
61. I have to get new license plates.
62. I have to stand in a long line for no good reason, while petty
bureaucrats take inordinate amounts of time to work out the tiny
problems that they detect in perfectly routine transactions. THEN
I have to breeze by and renew my driver's license and get new
license plates.
63. I've got an urgent session with my therapist.
64. I've got a really urgent session with my therapist.
65. I've ... I ... I'm not ... I don't ... I CAN'T COPE WITH THIS!!
66. I have to get my contact lenses fitted.
67. I have to get my hearing aid adjusted.
68. I have to get my big toe calibrated.
69. Hey, hey! The Monkees could be coming to our town.
70. My rheumatism is acting up; there's going to be a terrible tornado.
71. My arthritis is acting up; there's going to be a terrible blizzard.
72. The pharaoh is acting up; there's going to be a terrible rain of
frogs.
73. I need to give blood.
74. I need to give evidence.
75. I need to give up.
76. I'm going to my best friend's engagement party.
77. I'm going to my best friend's wedding.
78. I'm going to my best friend's divorce. (We all knew it wouldn't
last; at the wedding, everybody threw Minute Rice.)
79. I have a seriously overdue library book that I have to return.
80. I have a bunch of old parking tickets, and if I don't pay them I'm
going to be arrested.
81. The police are at the back door. Cover me.
82. I'm having my nails done.
83. I'm having my colors done.
84. I'm having my head examined.
85. I'm going to the bank.
86. I'm going to sleep.
87. I'm going over the edge.
88. A friend of mine is dying and I have to go to the hospital.
89. A friend of mine has died and I have to go to the funeral parlor.
90. A friend of mine is being reincarnated and I have to go to the zoo.
91. I need to check out the hole in the ozone layer.
92. I need to check into a rest home
93. I'm breaking in my shoes.
94. I'm breaking up with my boyfriend.
95. I'm breaking out.
96. I have to pick up my dry cleaning.
97. I have to pick out a car.
98. I have to pick on my kids.
99. Salmon Rushdie is coming in to talk about his idea for a book on
Christian fundamentalists. I thought I'd go to a ball game instead.
|
92.663 | | ZENDIA::FERGUSON | Villains always blink their eyes | Tue Jul 21 1992 15:27 | 13 |
| KO leaving...
I was vacationing on Lake Sunapee in NH when I found this out. I rode my
bike to the store to buy a paper and do mail order. I pciked up the Globe
and scanned the top portion of the front-page. Then, i flipped it over to
check the bottom portion and exclaimed, "Holy Shit! KO is retiring!" THe
store clerk was a bit shocked...... weird....
the move is good. KO has done well in his life and it is time for him to
enjoy the rest of his life w/o all the stresses of digital. I admire a
man who can create 116K jobs with great benifits.
|
92.664 | | TERAPN::PHYLLIS | fly through the night | Tue Jul 21 1992 16:29 | 5 |
|
I think it's unfortunate that he wasn't able to leave with DEC back on
the upside, but it was definately time. WE need new blood.
|
92.665 | A BILLION here, a BILLION there | MR4DEC::WENTZELL | IfMusicBeTheFoodOfLove,PlayOn!!! | Thu Jul 23 1992 13:53 | 14 |
| In the news today...
Palmer was ok'd by the board as KO's replacement.
The Q4 numbers were released...
A total loss of $1.8 BILLION, $188 million of which is operating loss (slightly
better than expected) and the rest is the infamous restructuring charge (over
$1.5 BILLION, and that's on top of a BILLION that we took last year).
Wow, a BILLION dollars, I can't even fathom how much that is. :^/
Scott
|
92.666 | a BILLION everywhere | SLOHAN::FIELDS | Meowowowowow I'm Hungry ! | Thu Jul 23 1992 14:00 | 2 |
| Hey thats a lot of zeros....1,800,000,000.00.....something that big
you'de figure we could find it kinda easily don't you ? 8-(
|
92.667 | | EBBV03::SMITH | Lets get together B 4 we get much Older | Thu Jul 23 1992 14:38 | 4 |
|
That is more than any other American company has lost in
one quarter in history! I think GM may have come close to
this a few years ago.
|
92.668 | | TLE::ABBOT | J. R. "Bob" Dobbs in 92 | Thu Jul 23 1992 16:23 | 8 |
| Wow - you'd think it would be wiser to reinvest that $1.5B into the
company and doing some new things, instead of paying off employees. At
least with reinvestment you can maybe make it back, but there's no
chance when you're just paying people not to work. Kinda like the govt
paying farmers to let their crops rot.
Scott
|
92.669 | That's 'Merika. | CSCMA::M_PECKAR | spinning that curious sense | Thu Jul 23 1992 16:33 | 2 |
| Yup, ironic, ain't it, too, that that's what the taxpayers and stockholders
want...
|
92.670 | | CSLALL::HENDERSON | Chew a little juicy fruit | Thu Jul 23 1992 16:51 | 10 |
|
I'd be willing to bet a large cup o' coffee and a bagel that the current
round of layoffs will be the last with a "package" over and above that required
by whatever laws..
Jum
|
92.671 | | CXDOCS::BARNES | | Thu Jul 23 1992 17:03 | 1 |
| I think that's a safe bet, Jum. can you say severance pay?
|
92.672 | Down...down....down........... | ZENDIA::FERGUSON | Prez term: 4 yrs; Sup. Court: LIFE | Thu Jul 23 1992 19:46 | 1 |
| Stock: back to the 30s again: 39 7/8 @ 15:40
|
92.673 | good vibes for Bob... :^) | JUNCO::DWEST | if wishes were horses... | Thu Jul 23 1992 21:55 | 56 |
| just in case anyone is wondering what kind of guy Bob Palmer is, i have
a little story... now that he's CEO, maybe i can get on Letterman with
a "brush with grateness" story... :^)
once upon a couple of years ago, i was volunteering to flip burgers for
the united way here at HLO... Bob at the time was one of the high
level managers here in the building (sorry-can't remember just what his
title was... vp of something or other :^)... Bob also had volunteered
to work this event... since the last time we did it, we smelled like
burgers all day, we were advised to bring a change of clothes... i
brought my DEChead v2 shirt... :^) (what else?)
one of the managers here was going through the food line and saw my
shirt... at the time there was a lot of stuff floating around the net
(as happens from time to time) regarding copyrights and logos... when
he saw my shirt, he commented to his friends (not *to* me but so i
could hear) "did you see that shirt? i don't know how he can get away
with that! that's BLATANT copyright infringement!!"
i don't know if it was coinicidence or not, but at that point Bob
turned to me and looked at the shirt... "wow!! that's a great shirt!
where did you get it??" and he asked for a closer look...
"thanks Bob! a friend of mine made 'em up..."
"what are all these??" he asked, pointing out some different things on
the shirt...
"well, we're all deadheads who work for DEC... my friend Bob combined
some dead icons and DEC icons into one shirt and a few of us DECheads
are wearing 'em all over the ccompany..."
"DECheads!!! ha! that's great!!! that's really creative! i like it!
can i get one?"
"i wish you could but i'm afraid they have all been spoken for some
time ago... unless they make some more i'm afraid you're out of
luck..."
"too bad... that's pretty cool... hey, Duane! did you see this?"
now he's calling another high level manager over to check it out...
and the first guy is skulking quietly off to his seat... meanwhile,
yours truly just grins a lot... :^) :^) :^)
we may never see him at a show, or in a tie-dye... GQ is more his
style... but he did like my DEChead shirt! :^)
i'm psyched that he got the nod for the top job... not only is he a
snappy dresser, but he's pretty sharp on the business end too... my
bet is that he's got what it takes to do the work... from what i've
seen here (granted, my exposure to him is limited) once he decides
what he's doing and where he's going, the rest is history... imho
he has the energy to drive the bus...
da ve
|
92.674 | I like him already!! | MR4DEC::WENTZELL | IfMusicBeTheFoodOfLove,PlayOn!!! | Fri Jul 24 1992 12:47 | 2 |
|
8^) 8^)
|
92.675 | | TERAPN::PHYLLIS | fly through the night | Fri Jul 24 1992 13:10 | 4 |
|
Let's get him a shirt!! :-)
|
92.676 | Bob on DVN | MR4DEC::WENTZELL | IfMusicBeTheFoodOfLove,PlayOn!!! | Fri Jul 24 1992 13:12 | 11 |
| Just saw a DVN with Bob Palmer addressing the troops. He seems much more
articulate than Ken is, and said he will not make excuses and doesn't expect
excuses from anyone who works for him. It seems to me that he is pretty
committed to revamping the company, starting with senior management. It was
only 5 minutes, but he set a good first impression, IMO.
The first thing he addressed was the layoff rumors, saying that "that is not
Bob Palmer" and "Digital is not about cutting people" but restructuring the
work. We'll see.
Scott
|
92.677 | i think bob has what it takes too | ZENDIA::FERGUSON | Prez term: 4 yrs; Sup. Court: LIFE | Fri Jul 24 1992 13:28 | 14 |
| da ve -
interesting insight mon. nice story. the whole KO leaving thing is still
pretty sad for some. my mom often worked in KO's office; KO is not known
to be a snappy dresser with $800 suits, etc. now, along comes bob, the
snappy dresser and slick business person, to fill the place long held by
the mild-mannered KO.... it is kind of tough for those who have worked with
or near KO I guess. KO was looked upon by many as a leader. when your
leader departs, human instinct insturcts you to be sad... change is hard.
it was inevitible. i think the move is good, but i think many are still quite
sad over the entire ordeal.....
jc
|
92.678 | art imitating life ?? | CUPTAY::BAILEY | Season of the Winch | Fri Jul 24 1992 13:48 | 8 |
| I've always thought of KO as the "Henry Blake" of Digital ... his
recent comment about "going fishing" kinda bolster's that image.
For those of you who don't watch TV, Henry Blake was the original
commanding officer of M*A*S*H 4077.
... Bobbb
|
92.679 | Sneak Preview of Bob Palmer's DVN Broadcast | VSSCAD::LARU | run, or fight, or dance! | Fri Jul 24 1992 14:32 | 74 |
|
(forwarding headers deleted)
Subj: Notes from Bob Palmer's DVN broadcast
.
.
.
In the week since the Big Change, everyone I asked about Bob Palmer had one of
two opinions -- either "don't know him" or "he's a good guy." After seeing the
DVN, I can say unequivocally that Bob talks like a good guy. The proof is in
the pudding, of course, but right now I feel better about DEC than I have in a
long time.
So the following is from my scribbled notes (which I believe is a good sign --
every word Bob said carried real information and there was no "dead air" or
content-free blathering):
Bob praised Ken's vision in the creation of interactive computing. Since
achievements such as Ken's occur so seldom, Bob said he cannot replace Ken,
but he can carry on Ken's values of empowerment, entrepreneurship, and
diversity.
Bob said the media seems to expect him to begin massive layoffs early next
week. But that is NOT Bob Palmer's way. He said it is obvious that we have too
many people for our revenue, but his primary goal is to restructure our work,
rather than removing people.
We have to maintain our core values while we redesign and reengineer the entire
"supply chain," from customer order to delivery and including product creation,
marketing, sales, etc., because we have to become more competitive. In the
course of those efforts, we will undoubtedly find activities that have to go
but that does not automatically translate to people. Attempts will be made to
retrain people.
Bob said that we have never been in an environment as competitive as we are
today, and he likened our situation to that of the semiconductor industry
(where you increase productivity at the rate of 20-25% per year or you go out
of business).
On leadership: Leadership is based on integrity and he has "zero" tolerance for
lack of honesty or lack of respect. He believes in listening to employees and
repeated that this was Ken's way -- the value of the company is the value of
the individual contributors and management's job is to enable the workforce to
succeed. He said he believes in "no excuses" management -- for himself and for
his direct reports.
Bob said the question he was asked most often was about the differences we
could now expect with him at the helm:
- - There will be more frequent and direct communication with employees (he said
we would be suprised to find out how little he can learn by sitting in his
office).
- - We will use our computer network (which is the best in the world) to solicit
ideas and opinions from employees.
- - He will use the media's current interest in the affairs of DEC to get out our
message to the world.
Bob said our goal is clear. We must become the industry leader or customers
will simply not buy from us. They must prefer us because we are the best.
[end of notes]
Well, there you have it. No BS, no blather, and (dare I say it?) no parables.
Go, Bob.
JP
------- End of Forwarded Message
|
92.680 | | EBBV03::SMITH | Lets get together B 4 we get much Older | Fri Jul 24 1992 15:37 | 10 |
|
Good news for those of us in manufacturing! Last nights
news said that Palmer was nominated because of the fine reorginization
that Palmer has conducted in the Manufacturing and Semiconductor
business's of Digital. I hope that means that manufacturing is
not going to get hit as hard this time around....they still need
us....I hope :-/
BTW: There has been more work this week in MFG than I have
seen in a year or so
|
92.681 | Interesting article from Business Week | SPOCK::IRONS | | Wed Jul 29 1992 20:19 | 182 |
|
[headers removed]
{entered without permission - Business Week/August 3, 1992}
DID DEC MOVE TOO LATE?
The comeback costs are staggering
by Gary McWilliams
In the end, Kenneth H. Olsen simply had too soft a heart. Despite
his infamously gruff exterior, the 66-year-old founder of Digital
Equipment Corp. still wanted to run the $14 billion minicomputer
company as a giant family business, with him as the benevolent father.
Even as the company's payroll rose to 126,000 employees, he still made
sure that everybody got a turkey at Thanksgiving. After 35 years, he
wasn't about to change.
But the computer industry had changed--drastically and irrevocably.
With powerful desktop computers stealing minicomputer sales, the DEC of
holiday turkeys, lifetime employment, and profit margins fat enough to
pay for it all was a thing of the past. The times called for a new
DEC, a far leaner and meaner operation. With the old DEC hemorrhaging,
on July 16, Olsen finally was pressured to resign.
In a conference call, Olsen told directors that he will step down on
Oct. 1. At the same time, he nominated a new CEO to carry out the
drastic cost-cutting he couldn't stomach--and to rebuild DEC around a
promising new microprocessor technology called Alpha.
TECHNICAL PROWESS. Olsen's handpicked successor, Robert B. Palmer, is
a 180-degree turn from the cantankerous, unpredictable founder.
Palmer, 51, is regarded as a well-organized and articulate manager.
And in contrast to the intensely puritanical Olsen, Palmer is a
debonair divorce' who drives a Porsche Targa.
But, like Olsen, the new boss is also an entrepreneur who made it on
his technical prowess. Palmer worked his way through engineering
school and, while still in his twenties, co-founded memory-chip maker
Mostek Corp. Palmer's background in the cutthroat semiconductor
business has conditioned him to continuously push down costs. A
onetime chip designer, he has also been a driving force in developing
DEC's Alpha chip, the key to turning the company around.
Palmer's appointment was approved by the board on July 22. He had
already won over directors during his frequent appearances at board
meetings. "The presentations he's made are the most impressive," says
Thomas L. Phillips, a director and retired chairman of Raytheon Co.
While Olsen dragged his feet on cost-cutting, Palmer showed the board
what could be done. After taking over manufacturing in late 1990,
Palmer quickly shuttered 10 factories. His staff cuts account for more
than half of the 19,000 positions DEC has eliminated in the last two
years. Just last month, Palmer convinced directors to allocate $425
million for a chip plant that he argued is crucial for the Alpha effort
and DEC's rebound.
THese contacts with the board helped propel Palmer past longtime DEC
executives John F. Smith, senior vice-president for operations, and
Software Vice-President David L. Stone, who had been seen as likely
successors to Olsen. Palmer "sells himself well and sells his programs
well," says MasPar Computer President Jeffrey C. Kalb, who brought
Palmer to DEC in 1985 to run semiconductor operations. Neither Palmer
nor Olsen would speak with BUSINESS WEEK.
RUMORS FLY. With Palmer's appointment, investors and customers
breathed a collective sigh of relief. Despite losses, Olsen had held
out all this spring against the cost-cutting moves that top executives
and his board demanded. Analysts predicted more losses, and by late
June, the stock had drifted to a nine-year low of 33.25, a dismal skid
from an all-time high of 199. As the company closed the books on
fiscal 1992 ended June 30, rumors began to spread on Wall Street that
the board had reached is limit and was ready to force the legendary
founder out.
Insiders say that Olsen and the board had clashed over everything
from sales commissions to the company's direction. Rumors of his
departure boosted DEC's stock to 38. When the news finally came, the
stock jumped another four points, and some analysts issued new purchase
recommendations. "A lot of people believed Ken was the problem, not
the solution," says Marc G. Schulman, an analyst at UBS Securities Inc.
The euphoria quickly passed as the enormity of Palmer's task became
apparent. The question remains whether it's too late to do anything
more than avert disaster. By delaying DEC's day of reckoning, Olsen
had raised the costs to staggering heights. DEC is not only years
behind its rivals in cutting bloated costs and driving into new markets
but it is also no longer even profitable. Minicomputer sales have been
stagnent for years, and VAX revenues are now plunging as customers wait
to buy replacement machines based on the new Alpha chip due out late
this year. The result: DEC is expected to show a $300 million
operating loss for the quarter ended June 30, its third quarterly loss
in a row. Schulman forecasts operating losses in the next two quarters
totaling as much as $208 million.
So, Palmer's first order of business will be to preside over a
jarring layoff. Instead of paring workers gradually and giving them
months to search for new jobs, as Olsen had done, Palmer is expected to
move decisively. Some 15,000 employees, including 8,000 in the
U.S., will be fired and given a week to clear out. The numbers are so
big that the company plans to stagger the layoffs over the next few
weeks to avoid over-loading unemployment offices in New England.
Severance pay and other downsizing costs are expected to push the
fourth-quarter net loss as high as $2 billion.
With DEC running an operating loss, these charges are tearing through
the company's cash. By June, 1993, estimates PaineWebber Inc. computer
analyst Stephen K. Smith, the company will have burned up $1 billion of
its current $1.5 billion in cash. As a result, DEC will have to borrow
just to fund operations over the next few quarters.
PAINFULLY LATE. To turn DEC around over the long term, Palmer has to
make Alpha a hit. The technology, a so-called RISC (reduced
instruction-set computing) microprocessor, will replace the VAX
minicomputers, based on technology first designed in the mid-1970's.
In recent years, DEC's share of the mini market has fallen to 14%,
while IBM's hot-selling AS/400 series has given Big Blue a 27% share.
DEC is also counting on Alpha to help grab a share of the fast-growing
workstation market, where it trails Sun Microsystems Inc. and
Hewlett-Packard Co.
On paper, at least, Alpha is the fastest RISC microprocessor yet.
"Alpha is clearly a leapfrog technology," says Wes Melling, program
director od midrange computing research at consulants Gartner Group
Inc. And he says DEC's huge library of VAX software should make
Alpha-based machines appealing in the broad office-computing market, in
contrast to other RISC machines, which have been used primarily by
engineers. Another potential boost for Alpha will be Microsoft Corp.'s
Windows NT, a new operating system that the software giant is now
adapting for the Alpha chip. That should allow Alpha machines to run
all sorts of popular PC software. That's in addition to the VAX
software and OSF/1, a version of Unix.
Still, DEC's entry is painfully late into a market where IBM,
Hewlett-Packard, and Sun have been shipping product for several years.
And these companies have also signed up other computer makers to use
their RISC chips. On IBM's team, for instance, are Apple Computer,
Motorola, and Groupe Bull of France. DEC, by contrast has only one
sizable Alpha partner so far, Italy's Olivetti. Japan's Kubota Corp.
and supercomputer maker Cray Research Inc. plan to use the Alpha chip,
but not in great numbers.
To leapfrog his competition, Palmer will have to shore up DEC's badly
demoralized organization. Olsen's increasingly idiosyncratic
management style over the past few years has driven dozens of
exasperated executives and managers from the company. The most recent
defection was Pier Carlo Falotti, president of DEC Europe, who has been
named President of ASK Computer Systems Inc., a California software
maker. Falloti "was very unhappy," says Bruno D'Avanzo, a former DEC
Europe executive and now a managing director at Olivetti. "Olsen's
erratic habits really got to him."
MARKETING FAILURE. A series of reorganizations and strategy shifts
have also left customers confused. In the 1980s, DEC surged in the
market with a clear-cut message: Its VAXes, ranging from desktop to
mainframe-caliber machines, all ran the same software and could
therefore be easily networked anywhere in the world. That message was
lost as DEC cast about for new growth strategies in recent years.
Peter Daboul, vice-president for information systems at Massachusetts
Mutual Life Insurance Co., says now he is in "a wait and see mode"
regarding DEC. Although it uses four large VAXes at the home office
and smaller ones in its branches, Mass Mutual has no plans to buy more
DEC gear. "The key is how their new captain carries out this course
correction," Daboul says.
Indeed, Palmer's success is anything but certain. His background in
microchips and operations give him a good foundation. But DEC also
badly nees marketing skills--an area where Palmer has yet to make his
mark. "He doesn't have that much background in computers or, for that
matter, in marketing or sales," says MasPar's Kalb. He believes that
DEC somehow lost the ability to communicate the value of its VAX
software. That, in turn, has made it increasingly difficult to sell
its relatively high-priced hardware. "It was a failure of marketing,"
Kalb explains.
If Palmer's rapid rise, as insiders say, stemmed from his ability to
sell himself to top management, DEC's resurgence may well depend upon
his ability to sell DEC to customers who have grown skeptical. In
Olsen's old DEC, the hard sell was frowned upon. The puritanical
founder thought such tactics were unseemly. For the new DEC, they may
mean survival.
end
|
92.682 | OOOOOkkkkkk.... | SLOHAN::FIELDS | Its sad,so sad,'cus the Circus Left Town | Wed Jul 29 1992 20:37 | 5 |
| well that was heart warming now wasn't it !
kinda makes Ken sound like an off the wall nutcase :'(
Chris
|
92.683 | | STUDIO::IDE | | Thu Jul 30 1992 12:04 | 8 |
| The article says that Palmer has no marketing background, but earlier
it also states how successful he's been selling his own projects and
Alpha to his superiors.
My next career is going to be as a media consultant. There don't seem
to be any prerequisites or skills required and the pay must be good.
Jamie
|
92.685 | | CSCMA::M_PECKAR | spinning that curious sense | Fri Jul 31 1992 17:30 | 8 |
|
I deleted my discourse on DEC's hiring practices. Thank me for sparing you
that; it was quite a flame: some of you have heard it before, too. :-)
Bob Levine is a neat guy. He's 27 yrs old and saw a market niche and turned it
into a multi-million dollar company in two years. I hear its a grate company to
work for, too.
|
92.686 | | SCOONR::GLADU | | Fri Jul 31 1992 18:24 | 5 |
| Rumor I heard yesterday is that a friend of someone I work with
had his mortgage application denied by the Bank of Boston (I
think that was the bank) because he works for DEC and is
considered a high risk. They are rumored to not be accepting
applications over 30k.
|
92.688 | Wang dang doodle did it | SELL1::ROBERTS | a blinding flash o'the obvious | Tue Aug 18 1992 20:11 | 83 |
| <reposted from many>
<<< CNOTES::DISK$SHADOWS:[NOTES$SHADOWED]DIGITAL.NOTE;3 >>>
-< The DEC way of working >-
================================================================================
Note 2053.10 What can we learn from Wang? 10 of 12
SSGV01::CHALMERS "NOT the mama!" 73 lines 18-AUG-1992 14:08
-< Not with a bang, but a whimper... >-
--------------------------------------------------------------------------------
<<< PEAR::DUA1:[NOTES$LIBRARY]SOAPBOX.NOTE;1 >>>
-< SOAPBOX: Not So Humble Opinions! >-
================================================================================
Note 987.0 Wang Labs goes Ch. 11 No replies
TENAYA::RAH "I can bone my own salmon" 66 lines 18-AUG-1992 12:06
--------------------------------------------------------------------------------
LOWELL, Mass. (UPI) -- With its stock falling through the floor and
its debts mounting, Wang Laboratories filed for bankruptcy protection
Tuesday and said it would cut 5,000 more jobs from its already
streamlined work force.
The once high-flying high-tech company announced the filing about 10
a.m., confirming published reports earlier in the day.
Richard W. Miller, chairman and chief executive officer, said he
hoped to avoid Chapter 11 but felt the filing was the only way Wang
could finish the restructuring it needs to reverse its fortunes.
``This is a drastic step that I deeply regret,'' Miller said. ``But
it is one that is absolutely crucial to our company's survival and the
preservation of thousands of jobs. I want to stress that this action
will allow Wang to remain in business and move forward with its recovery
plan.''
Miller said Wang would continue to service its customers while it
restructures its debts and operations. He predicted the company would
emerge from Chapter 11 as a ``smaller, more focused and more competitive
company, with revenues of about $1.4 billion compared with $1.9 billion
now...''
Miller also said the company would cut its work force from its
current level of 13,000 to about 8,000.
Wang also reported its long-awaited fourth-quarter results, which
normally would have been posted in July. It reported a net loss of $116.
3 million, or 68 cents a share, compared to a net loss of $314.5
million, or $1.88 per share, in the same quarter last year.
Its net loss for the year was $139.2 million, or 82 cents a share,
compared to $385.5 million, or $2.31 a share, for the previous year.
``For the past three years, in the face of recession and continuing
upheaval in the industry, we have fought to bring Wang back from the
brink of bankruptcy,'' Miller said. ``We came very close to making it.
We simply ran out of time.''
Miller said Wang's quarterly revenues have essentially stabilized
between $460 million and $500 million over the past six quarters. But,
he added, the company could not handle the cash drain from restructuring
charges totaling more than $1 billion.
Wang was founded in 1951 by Dr. An Wang, a Chinese immigrant who
invented the magnetic computer memory. The company was a major player in
the high-tech industry, but began slipping in the mid-1980s.
The downfall came when the industry shifted away from the
minicomputer and proprietary systems that Wang offered toward smaller
personal computers or open systems that accommodate varied vendor
technologies. By the late 1980s, Wang began reporting heavy losses.
An Wang, who died in March 1990, hired Miller two years ago. Miller
previously ran General Electric's consumer electronics business.
His management team was able to retire $575 million in debt, as it
accepted heavy restructuring charges. It also launched a new Office 2000
strategy for growth, but resources and cash flow at Wang were
insufficient to avoid Chapter 11, Miller said.
Wang still hopes that Office 2000 will help it reinvent itself as a
software and services company, he said.
Rumors of a bankruptcy filing were rampant on Monday.
Wang Class B stock, traded on the American Stock Exchange, which had
fallen 24 percent on Friday, shed another 87.5 cents -- or 53.8 percent --
Monday to close at 75 cents a share.
The crunch was brought on by Wang's failure to meet conditions for a
$75-million cash infusion provided for a year-old agreement with
International Business Machines Corp.
The Wall Street Journal said Wang could have received as much as an
additional $75 million under the deal with IBM. But IBM said that
because Wang had not met terms of the accord, it would not go beyond its
initial $25 million stake.
IBM purchased $25 million of Wang convertible debt in June 1991 under
an agreement in which Wang agreed to market two IBM product lines.
|
92.690 | double-standard half-step, toodle-ooo ... | CUPTAY::BAILEY | Season of the Winch | Mon Aug 24 1992 17:33 | 11 |
| Well, the lay-off (oops, I mean TFSO) wave has passed through our
organization. The good news is that I did not get laid off. The bad
news is that 50 other folks did. The interesting (but not surprising)
news is that none of those laid off were managers. This is interesting
because of the recent merge of two major organizations into one, which
left us with massive redundancy in the management ranks ... I honestly
expected at least a token management TFSO or two. The obvious message
to the individual contributors is not a good one ...
... Bobbb
|
92.691 | i'm still here, how 'bout that... | DEDHED::Spine | Tom Spine | Mon Aug 24 1992 17:45 | 5 |
| Yea, it's Thanks For Shoving Off (well, what did *you* think TFSO stood
for?) day at ZKO too. No word on the total number, but I do know some
of the folks that were notified this morning.
tms
|
92.692 | Gartner on DEC - Marketing | SPOCK::IRONS | | Mon Aug 24 1992 18:31 | 177 |
| [dist. deleted]
+--------------------------------------------------------------------+
GartnerGroup RAS Services
Copyright (C) 1992 MCS : K-902-1215
+--------------------------------------------------------------------+
| |
| |
+--------------------------------------------------------------------+
Midrange Computing
Key Issues, K-902-1215
W. Melling Research Note
August 17, 1992
Reprint
DEC's Next Five Years A Dialectic
Any optimistic prognosis for DEC is gated on the introduction of
fresh attitudes and talent into the marketing function. Without
basic marketing fixes, DEC will fail no matter what engineering
does.
+--------------------------------------------------------------------+
| |
| |
| GartnerGroup |
| |
+--------------------------------------------------------------------+
This publication is published by Gartner Group, Inc. Reprints of this
document are available. Reprint prices are available upon request. Entire
contents, Copyright (C) 1992 Gartner Group, Inc. 56 Top Gallant Road,
P.O. Box 10212, Stamford, CT 06904-2212. Telephone : (203) 964-0096.
Facsimile : (203) 324-7901. This publication may not be reproduced in any
form or by any electronic or mechanical means including information
storage and retrieval systems without prior written permission. All
rights reserved.
We see two general directions in which DEC can move during the first five
years of the "Palmer era" :
Scenario 1 : DEC strengthens sales and marketing so that it can
effectively function as an enterprise computing vendor. It then
successfully builds new channels and business models so that it can make
money selling commodity products and becomes a strong competitor at every
level of integration (0.4 probability).
Key Issue
Which midrange vendors have the highest potential for success and
survival in the 1990s?
Figure 1
An Enterprise Computing Portfolio
** Please see hardcopy for Figure **Source : Gartner Group
DEC now competes in every fundamental area of computing in a large
enterprise :
o traditional data processing,
o engineering/scientific computing,
o personal/work-group computing, and
o mission-critical systems.
Rationale : DEC is already an enterprise computing vendor (see Figures 1
and 2) and has a net product advantage, but is operating well below
potential. The accession of a new CEO provides an opportunity for a
fundamental shift in the company's attitudes about marketing. With
marketing issues resolved, synergies between the multiple levels of
integration commodity hardware and software, emerging technologies,
complex systems, systems integration and information utility services
generate optimum profit.
Assumptions :
o DEC articulates a strategic vision for enterprise computing. (In
an era of fundamental IT architectural change, there needs to be a
lodestone for engineering, sales and users.)
o DEC entrusts the management of the sales force to an executive
with a proven sales record. (DEC has never had an executive
managing the sales function who came from the sales function
sending a powerful negative signal which impacts morale,
performance and recruiting.)
o DEC recruits senior marketing executives from companies with
proven marketing excellence (0.6 probability). (This single action
gates DEC's ability to thrive long term and, if taken, would
upgrade our probability on this scenario.)
Figure 2
System Functionality vs. Vendor Differentiation
** Please see hardcopy for Figure **Source : Gartner Group
DEC currently plans to compete at every level of integration, from the
hardware component level up through the software layers to systems
integration and ultimately to the information utility.
o DEC continues to assign senior account relationship managers,
primarily funded by the service/systems integration businesses,
but pares the size of sales teams as more products are delivered
through commodity channels. Direct sales focuses on strategic
software, complex systems and systems integration sales.
o Engineering prunes the product set by at least 20 percent.
o Alpha ships on time and on spec (0.8 probability), generating
enough revenue during 1993 and 1H94 to give DEC time for its
marketing reforms to take effect (0.7 probability).
Scenario 2 : DEC fails to correct its sales and marketing deficiencies
for either the "enterprise computing vendor" or the "commodity product
manufacturer" model, and ends up selling to a shrinking installed base.
Attempts to "cost-cut-to-profitability" do not keep up with the revenue
decline, and DEC becomes a takeover target in the 1993 to 1995 time frame
(0.6 probability).
Rationale : The notion that engineers can and should manage anything
turns out to be so ingrained at DEC that the company fails to recruit
marketing talent from the outside. DEC remains neither fish nor fowl, not
doing the sophisticated conceptual marketing necessary to be a successful
enterprise computing vendor (but staying in the market) and carrying too
much overhead for a pure low-cost producer.
Assumptions :
o Alpha ships on time and on spec, generating enough revenue in 1993
and 1H94 to convince DEC management that reorganization has solved
the marketing problems.
o DEC continues to assign senior account relationship managers, but
pares the size of sales teams as more products are delivered
through commodity channels.
Summary : The prognosis for DEC hinges on its willingness to introduce
fresh attitudes, fresh talent and fresh thinking to its marketing
function. The last two years have proven that it really does not matter
if you build a better product if you can't explain it to potential
buyers. We believe that there is a better than even chance that DEC will
introduce fresh thinking (see accompanying Research Note K-902-1214), but
unless and until it happens, our overall forecast for the company is
pessimistic.
To Distribution List:
[deleted]
|
92.693 | BP can do semiconductors, can he do Marketing?? | SPOCK::IRONS | | Mon Aug 24 1992 18:38 | 147 |
| [forwards deleted]
+--------------------------------------------------------------------+
GartnerGroup RAS Services
Copyright (C) 1992 MCS : K-902-1214
+--------------------------------------------------------------------+
| |
| |
+--------------------------------------------------------------------+
Midrange Computing
Key Issues, K-902-1214
W. Melling Research Note
August 17, 1992
Reprint
Can Bob Palmer Fix DEC's Marketing Problems?
DEC's most critical problems are in marketing and sales, which are
not a part of Bob Palmer's track record. What the record does show
is a willingness to go outside DEC for fresh talent to solve
long-standing problems.
+--------------------------------------------------------------------+
| |
| |
| GartnerGroup |
| |
+--------------------------------------------------------------------+
This publication is published by Gartner Group, Inc. Reprints of this
document are available. Reprint prices are available upon request. Entire
contents, Copyright (C) 1992 Gartner Group, Inc. 56 Top Gallant Road,
P.O. Box 10212, Stamford, CT 06904-2212. Telephone : (203) 964-0096.
Facsimile : (203) 324-7901. This publication may not be reproduced in any
form or by any electronic or mechanical means including information
storage and retrieval systems without prior written permission. All
rights reserved.
Machiavelli's The Prince makes several comments on effective management,
one of which can be roughly summarized as : "CEOs can succeed if they
know how to solve problems; CEOs can also succeed if they know how to
recognize, recruit and retain people who know how to solve problems."
Robert Palmer, DEC's new CEO, has demonstrated an ability to solve
problems in engineering and manufacturing. His critical challenges,
however, are in sales and marketing. It is not obvious from his
background that he can solve DEC's problems in sales and marketing
himself. The question is whether he can and will recruit people who can
solve those problems.
What kind of company did Palmer inherit? DEC is a study in contradiction
on the one hand a strong product set and a respected global service
capability; on the other, a P & L that is frightening. Most of the
foundation functions of the company are solid. Engineering has had its
share of problems. The VAX 9000 shipped too late to succeed. DEC's time
advantage in porting middleware to competitive systems has now been lost
(see accompanying Research Note T-450-1217). Both Unix and office
software have struggled through years of strategic confusion.
Nevertheless, for the past two years, VAX has held a leadership position
in commercial data processing (highest functionality in our Midrange
Systems Evaluation Model, best price/performance as measured by the
Midrange Model and TPC-A and a growing openness now certified by XPG3
branding). Alpha is among the leading new RISC technologies and will
propel DEC back into scientific computing. DEC middleware is as strong as
any in the industry and DEC continues to lead in network technology.
Manufacturing is competitive and capable of building the 200 mHz Alpha
chip in volume, and is showing dramatic reductions in cost over the past
five years. Distribution has reduced floor space 80 percent, reduced head
count 70 percent, increased turns from three per year to 11 per year and
improved response from three days to same day since the mid-'80s. Service
is profitable, growing in revenue, successfully moving into the systems
integration business and displaying remarkable imagination in its
business approaches. With all this, product revenues have fallen, clearly
pointing to failures in Marketing and Sales. (Given HP's and Unisys'
financial results, the "soft economy" explanation doesn't wash.) The most
damaging marketing error is DEC's public support for open systems, which
took place five years too late. It left DEC with a worst case scenario of
having spent the engineering funds to achieve openness while at the same
time, building a pervasive reputation for opposition to the open systems
concept. A second critical failure is the absence of an articulated
computing vision for large enterprises, abdicating leadership just when
users are in the process of fundamental IT architectural re-engineering.
For a detailed dialectic on the conclusion reached by this Research Note
, see accompanying Research Note K-902-1215
Glossary
DEC Digital Equipment Corp.
VAX Virtual Address Extension
RISC Reduced instruction set computer
HP Hewlett-Packard
I T information technology
Can reorganization solve the marketing problem? We do not think so. DEC
has historically relied on home-grown "marketeers" who have lacked either
formal marketing training or apprenticeship in companies with first-rate
marketing programs, and have repeatedly tried reorganizations in which
the same people are reshuffled and then produce the same results.
Opportunities : Mr. Palmer has a chance to establish new attitudes toward
sales and marketing, heretofore considered inherently unprofessional. The
old attitudes showed up in a variety of ways, from explicit executive
slurs, to the rationale for not having sales commissions, to the
exclusion from senior management of anyone with a sales background. Mr.
Palmer's early staff selections and public statements will be crucial to
correcting the attitudinal dysfunction. Derivatively, Mr. Palmer has a
chance to recruit senior marketing talent which might previously have
been kept away by DEC's attitudes.
Will DEC go outside for talent? We think there is a better than even
chance (0.6 probability). In the past, Mr. Palmer has gone outside DEC to
get talent to solve key problems. The danger is that Mr. Palmer could be
handicapped by his own success in semiconductors. History is full of
examples of semiconductor companies attempting to move into systems
marketing without changing semiconductor headsets and failing.
Conclusion : In an industry that will have to sell increasingly complex
technology through increasingly lean channels, marketing is so critical
that without basic fixes in that function, DEC will fail no matter what
its engineers do.
To Distribution List:
[deleted]
|
92.694 | TFSO The real meaning | SALES::GKELLER | | Mon Aug 24 1992 19:24 | 5 |
| TFSO :== Totally FU#$*NG SCR*&ED OVER
At least that's what I heard it stands for...
Geoff
|
92.695 | Industry analyst stuff | SPOCK::IRONS | | Thu Aug 27 1992 13:12 | 159 |
|
[distribution deleted]
Date: 13-Aug-1992
Posted-date: 13-Aug-1992
Precedence: 1
Subject: Digest of Industry Analysts' Opinions 2
To: See Below
CC: See Below
DIGITAL INTERNAL USE ONLY
Attached is the first of what we intend to be a monthly digest of Industry
Analysts' opinions about Digital. We have kept it deliberately high
level, and have tried to present a balanced perspective of how this
influential audience currently views us. The source is both written
analyst reports and ongoing verbal discussions with key analysts.
We look forward to feedback regarding how to maximize this digest's value
for you.
Regards,
Nancy
To Distribution List:
[deleted]
DIGEST OF CURRENT INDUSTRY ANALYST OPINIONS
JULY, 1992
I. OVERVIEW
Analysts responded to the election of Bob Palmer to succeed Ken Olsen with
general optimism. They most often cited Palmer's experience with cost-cutting
as a reason to support the selection, along with his background as a successful
entrepreneur in the competitive field of semiconductors. However, the one
downside they attributed to Palmer is the possibility that his
hardware/technical background might keep him from focusing the company's
attention on the strategically important areas of software and services.
Finally, many analysts expressed concern that Digital would, in effect, be
"leaderless" between now and October 1, describing the next few months as too
crucial for Digital to be adrift.
As a result of the announcement of a roughly $1.8 Billion loss in Q4FY92,
analysts began to question for the first time the long-term viability of
Digital. The nearly $1 billion restructuring charge assured analysts that more
cost-cutting efforts are to come (most analysts have predicted 15,000 lay-offs),
but industry analysts are concerned that cost-cutting initiatives are not enough
to return the company to profitability.
II. ALPHA
* Analysts have widely praised the Alpha technology, regarding it as a viable
architecture to replace the VAX. Since Alpha's introduction, however, several
analysts have criticized Digital for having announced the technology too soon,
and, therefore, cutting into current revenue while customers wait. On the other
hand, analysts believe that the window of opportunity for attracting new systems
partners to Alpha is steadily closing.
* Most analysts view Bob Palmer's selection as positive for the Alpha program,
believing that Palmer's semiconductor background will bring greater attention to
Alpha and is likely to ensure an on-schedule delivery.
* Digital has convinced most analysts of the relative ease of Alpha migration.
Gartner Group, for example, says the user will simply find it a "nuisance," but
not a software crisis. A few analysts still argue that the ease of migration
remains an unknown, and, therefore, Alpha has a degree of uncertainty to it.
III. COMPETITIVE ADVANTAGES
* The licensing practices announced in July position OpenVMS (at $300 per user)
as price competitive with UNIX (and, in the future, NT) in client/server bids.
* All VAX systems announced in July are the price/performance industry leaders.
* Gartner Group noted that the change in the pricing curve for clusters
announced in July makes DEC clusters competitively cost-effective, particularly
for smaller clusters.
* Two E-Mail products, MAILbus 400 and MAILworks PostMaster, were highlighted by
Gartner Group as competitively strong offerings which draw on Digital's
industry-leading experience in large-scale E-mail integration.
*Analysts who attended DECWORLD were particularly enthusiastic about both
ACCESSWORKS and GIGAswitch as offering clear competitive advantage.
IV. COMPETITIVE WEAKNESSES
* Analysts are warning users that some Alpha technology (particularly for
commercial markets) may not be available for up to two years, thus weakening
Digital's present competitive position. This leaves users with two options:
either wait for Alpha or find another source of computing power, one source
being Alpha-ready VAXes. IDC suggests that users who cannot put off purchases
until Alpha has hit the market may not fill their needs with new VAXes,
particularly at the high-end. Despite these predictions, analysts, however,
expect Digital to return to profitability in Q3 or Q4 of FY93, when Alpha begins
to ship in quantity to its initial markets.
V. UNIX
* Several analysts reported Digital's recent flip-flop on its commitment to OSF
on MIPS as symbolic of our commitment to the UNIX environment. For example, IDC
wrote in its UNIX Service that MIPS-based products are not at all strategic to
Digital.
VI. DESKTOP STRATEGY
* Recent PC price cuts position DEC as competitive with mass merchant brands.
* Gartner Group has championed PATHWORKS as a leading-edge product which
provides the widest range of choices for building PC networking strategies.
VII. SERVICES
* Yankee Group and G2 Research have speculated that we have the ability to
succeed as a world-class outsourcer, although we are not there yet.
* On the whole, Analysts who do not primarily focus on services have yet to
write about Digital in a manner that fully recognizes that roughly 45% of total
revenue comes from services.
VIII. SALES AND MARKETING
* Digital's attempt to put an industry-focused spin on the July 15 announcement
caused one analyst firm, Dataquest, to report the information. (In
conversations with IDC and BIS, both firms also said they were impressed with
the Utilities presentation at the July 14 Analysts Briefing in Boston.)
* Like other analysts, IDC has expressed concern that Alpha marketing will not
work as proactively as the Alpha program requires. For example, IDC states
that, due to a lack of recognition of commercial UNIX markets in the past, "the
UNIX opportunities created by Alpha may very well go unrealized."
* Gartner Group wrote that it will take the sales force one year (due to a lack
of training) to be able to pitch OpenVMS as an open system to a new prospect.
VIII. BUSINESS PRACTICES
* Analysts found the recent announcements of new licensing practices as
favorable for both the customer in terms of value and for Digital in terms of
profitability and competitiveness.
* There is disagreement on what effect the Alpha-ready program will have on
current VAX sales, although consensus is that this program will not lead to VAX
sales outside of our installed base. Dataquest wrote that only our installed
base that runs business applications would buy Alpha-ready VAXes, while IDC and
Gartner Group viewed the Alpha-ready products (particularly the 4000s) as having
more appeal to our current customers.
To Distribution List:
[deleted]
|
92.697 | KO is leaving it all behind | MR4DEC::WENTZELL | IfMusicBeTheFoodOfLove,PlayOn!!! | Mon Sep 14 1992 13:51 | 58 |
| [other forwards deleted]
From: NOVA::FACMTS::FACMTS::MRGATE::"PKOMTS::POWDML::A1::LEVENSALER.MARY" 11-Sep-92 20:03
To: @Distribution_List
CC:
Subj: Ken Olsen Resigns From Board Of Directors 3
From: NAME: Mary Levensaler @PKO
FUNC: Corporate Public Relations
TEL: 223-6177 <LEVENSALER.MARY AT a1 at POWDML at pko>
To: See Below
PLEASE NOTE THE DATELINE AND THE RESTRICTION ON THIS RELEASE.
****RESTRICTED DISTRIBUTION****
****DIGITAL CONFIDENTIAL****
UNTIL MONDAY, SEPTEMBER 14, 1992
0900 HRS USA EASTERN TIME
On Monday September 14, Digital will announce that Ken Olsen will
resign from the Board of Directors effective October 1, coincident
with his retirement from Digital. The following should be used as a
guide by PUBLIC RELATIONS STAFF. Inquiries may also be directed to Joe
Codispoti 508-493-6767.
Contact:
Joseph D. Codispoti
508-493-6767
DIGITAL EQUIPMENT CORPORATION ANNOUNCES KENNETH H. OLSEN
TO RESIGN FROM BOARD OCTOBER 1
MAYNARD, MA -- September 14, 1992 -- Digital Equipment
Corporation announced today that Kenneth H. Olsen, 66, will
resign from the Board of Directors effective October 1, 1992,
coincident with his previously announced retirement as President.
Digital Equipment Corporation, headquartered in Maynard,
Massachusetts, is the leading worldwide supplier of networked
computer systems, software and services. Digital pioneered and
leads the industry in interactive, distributed and mulitvendor
computing. Digital and its partners deliver the power to use the
best integrated solution - from desktop to data center - in open
information environments.
####
CORP/93/802
|
92.698 | moderator action, sorry | CSCMA::M_PECKAR | | Mon Sep 14 1992 19:32 | 10 |
| RE: <<< Note 92.697 by MR4DEC::WENTZELL "IfMusicBeTheFoodOfLove,PlayOn!!!" >>>
-< KO is leaving it all behind >-
I have set this note hidden since it is clearly labeled as follows:
****RESTRICTED DISTRIBUTION****
****DIGITAL CONFIDENTIAL****
Fog
|
92.699 | | MAST::DUTTON | Inspiration, move me brightly... | Mon Sep 14 1992 19:44 | 2 |
| You can probably unhide it now... It's available on VTX
and it's on the Dow Jones wire.
|
92.700 | unhid | CSCMA::M_PECKAR | | Mon Sep 14 1992 19:52 | 10 |
| RE: <<< Note 92.699 by MAST::DUTTON "Inspiration, move me brightly..." >>>
>You can probably unhide it now... It's available on VTX
>and it's on the Dow Jones wire.
Done. I wanted to make sure it was official, though. Even though it said
restrictions expired today I didn't want us to be responsible for spreading it
all over if it turned out to be false, premature, or unauthorized...
just doin my job
|
92.701 | Way to stay on your toes though Fog! 8^) | MR4DEC::WENTZELL | IfMusicBeTheFoodOfLove,PlayOn!!! | Mon Sep 14 1992 19:58 | 5 |
| I wouldn't have posted except if did have time approval and I received it 3
times in about a 45 minute span from three totally different .dis lists.
Sheesh, whatdaya think I am, some kind of rules breaker! ;^)
Scott
|
92.702 | Just a trouble maker, not a rules breaker! :) | LJOHUB::GILMORE | A Fly can't Bird but a Bird can Fly | Mon Sep 14 1992 20:02 | 1 |
|
|
92.703 | | TERAPN::PHYLLIS | fly through the night | Mon Sep 14 1992 20:49 | 6 |
|
According to sources here, his BOD resignation was part of the deal way
back when. They just decided to keep that a secret, for whatever
reason.
|
92.704 | pulse check | SELL1::ROBERTS | a blinding flash o'the obvious | Tue Sep 15 1992 18:28 | 6 |
| The RUMOURS_R_US notes are claimin' huge layoffs in EIC and sales/sales
support yesterday and today in Eastern MA/NC/NY
here's hoping we all hang in.
c
|
92.705 | | TERAPN::PHYLLIS | fly through the night | Tue Sep 15 1992 18:50 | 6 |
|
Yeah, sales and sales support got hit in NY yesterday. There's more
coming next week also, and then sales will get hit again since we
didn't get to the number they wanted.
|
92.706 | | SKYLRK::TING | Give Peace a Chance!!! | Tue Sep 15 1992 19:29 | 4 |
| > The RUMOURS_R_US notes are claimin' huge layoffs in EIC and sales/sales
> support yesterday and today in Eastern MA/NC/NY
What's the EIC?
|
92.707 | | ANGLIN::GEBHART | Met her accidentally in St.Paul, MN | Tue Sep 15 1992 20:58 | 4 |
| RE: EIC
maybe she ment EIS (Software consulting services) - this is the group
I am in. Rough day in Minn also :-(
|
92.708 | EIC - me | SHALOT::LAMPSON | and we're outta here! | Tue Sep 15 1992 22:19 | 19 |
| > <<< Note 92.706 by SKYLRK::TING "Give Peace a Chance!!!" >>>
>
> > The RUMOURS_R_US notes are claimin' huge layoffs in EIC and sales/sales
> > support yesterday and today in Eastern MA/NC/NY
>
> What's the EIC?
>
I was!
Cross Industry Enterprise Integration Center. (CIS EIC)
The EIC still exists, they just shed the Center for Migration
Services in Colorado and the Office and Desktop Integration
Center in Charlotte, NC.
See ya!
_Mike (DECWRL::"lampson@eisner.decus.org")
|
92.709 | | TERAPN::PHYLLIS | fly through the night | Wed Sep 16 1992 13:55 | 4 |
|
Good luck, Mike!
|
92.710 | | OCTOBR::GRABAZS | Not fade away! | Wed Sep 16 1992 15:51 | 8 |
|
Mike - I'm kinda slow but does this mean you're getting
layed off? I hope everything works out for you...if not
now, then in the near future...
take care,
Debess
|
92.711 | | CXDOCS::BARNES | | Wed Sep 16 1992 16:24 | 3 |
| Migration Services here in Colo CXN2 was walked out the door Monday.
They had been told 2-3 weeks before.....
rfb
|
92.712 | This hurts, this really hurts | MR4DEC::WENTZELL | IfMusicBeTheFoodOfLove,PlayOn!!! | Wed Sep 23 1992 14:33 | 15 |
|
This layoff shit just hit as close to home as it can with hitting me
directly - I just found out a very close relative of mine had his last day
Friday. He has 20 years of service to DEC and was very highly respected and
they simply cut him lose. He got me my first interview with DEC and has been
a much needed mentor for me whenever I needed it. It has hit him so hard that
he could not even tell me about it - my mom just called to tell me because she
couldn't stand not telling me any longer. He doesn't know that I know and I
don't know what to do. I've seen people in my office, in here, and other
places around the company leave and it has all affected me to some degree, but
never have I felt like someone clocked me upside the head with a sack of
bricks and gone basically just numb all over, which it what I feel like right
now. I hate this...
Scott
|
92.713 | | VERGA::STANLEY | what a long strange trip it's been | Wed Sep 23 1992 14:37 | 6 |
| Talk to him, Scott... let him know it's not the end of the world.. that
there is life after DEC... that it's no reflection on him... tell him
it's an opportunity to start a new life...
But talk to him... soon... get it out in the open where he can deal
with it.
|
92.714 | Ditto what Mary said! | DRINKS::WEISS | Brain surgery with a monkey wrench. | Wed Sep 23 1992 14:39 | 5 |
| > there is life after DEC..
And it's damn good, too!
Dave
|
92.715 | Yup, my mom said so too, and she's always right! | LJOHUB::GILMORE | It's time for Change | Wed Sep 23 1992 14:54 | 1 |
|
|
92.716 | | ISLNDS::CONNORS_M | | Wed Sep 23 1992 15:24 | 9 |
|
So sorry Scott, I can see the pain in your note. This
person is lucky to have a relative/friend like you!
This is your chance to return the favor to your mentor...
by being there!
Good luck to you and your relative. The best is yet to come.
MJ
|
92.717 | | TERAPN::PHYLLIS | fly through the night | Wed Sep 23 1992 15:35 | 10 |
|
Definately talk to him Scott. It'll make you both feel better. He's
probably wishing he could talk to you/tell you and will be glad to know
he can.
Sorry to hear about your pain. :-( The axe has fallen particularly
hard around here this week also. One group of over 20 now has 4 left.
Phyllis
|
92.718 | Like the autumn leaves, we fall to begin anew... | CSLALL::HENDERSON | Squeak I tell you, squeak | Wed Sep 23 1992 17:18 | 11 |
| There IS life after DEC, as I'm finding.....and for myself, it's been a damn
grate one so far.....It's given me a chance to start a new life in a new land.
I'm REALLLLLLY glad I've come out this way, to meet everyone, and to make new
friends.....thank you to all!!
Scott, I hope you have talked with your friend/relative and have it out in the
open, it will help. I would look at this as an opportunity for something NEW,
although it hurts like hell in the beginning, blah blah blah, it all works out
in the end....
rochelle
|
92.719 | | SALEM::BURNS | world peace begins at home :^) | Wed Sep 23 1992 17:36 | 5 |
| Owch! Your bright smile disappearing upon hearing this news comes
to mind Scott. I feel for you and hope the best for those you care
for.
peace,Andy
|
92.720 | :^( | VMPIRE::CLARK | leave your stepping stones behind | Wed Sep 23 1992 18:01 | 11 |
| I wonder how long DEC is going to drag this out?
I mean, I know we can expect layoffs on an "as-needed" basis from
now on ... I'm just wondering when this inital set of layoffs, with
everyone hunkered down in their cubes waiting for the axe to fall, is
going to be finished.
And then - how long for morale to recover? Because it sure seems to
have hit bottom right now ....
- dc feeling like he goes to work in a morgue every morning
|
92.721 | I'll believe it when I see it/a few from outside | LJOHUB::GILMORE | It's time for Change | Wed Sep 23 1992 18:12 | 17 |
| Anyone read the Globe? There was an article stating Palmer was
going to stop being such a "nice guy" and start massive layoffs
to include VPs.
:-{ Words can't express how I feel for y'all. My mom went through
wondering for almost 2 years. My sister works for DEC still. I
say that it doesn't affect me 'cause "I'm just a temp", but it does.
I'm scared for all my really good friends, my sister, my honey, this
State! I know I can get another job somewhere else if DEC decides to
get rid of temps -- good sec's are hard to find (like good sex is hard
to find)! Or maybe at that point I'll just go back to school --
opportunity willing.
There's no other way to describe what's going on. It may not be
proper to say this but: this sucks!
sparky
|
92.722 | | MONTOR::HANNAN | Beyond description... | Wed Sep 23 1992 18:30 | 7 |
| re: <<< Note 92.720 by VMPIRE::CLARK "leave your stepping stones behind" >>>
> - dc feeling like he goes to work in a morgue every morning
I used to work in a morgue... at least there's no formaldehyde fumes here :-/
Ken
|
92.723 | | VMPIRE::CLARK | leave your stepping stones behind | Wed Sep 23 1992 18:50 | 15 |
| re <<< Note 92.721 by LJOHUB::GILMORE "It's time for Change" >>>
-< I'll believe it when I see it/a few from outside >-
> Anyone read the Globe? There was an article stating Palmer was
> going to stop being such a "nice guy" and start massive layoffs
> to include VPs.
If they could just somehow do it right, but *get it over with*.
So many people in this company are getting so stressed out and
depressed ... meanwhile, good people are simply quitting the company
because they can't take the atmosphere any more.
Am I the only one who feels this way?
-dc
|
92.724 | | CSLALL::HENDERSON | Squeak I tell you, squeak | Wed Sep 23 1992 18:55 | 21 |
|
RE: <<< Note 92.723 by VMPIRE::CLARK "leave your stepping stones behind" >>>
>So many people in this company are getting so stressed out and
>depressed ... meanwhile, good people are simply quitting the company
>because they can't take the atmosphere any more.
>Am I the only one who feels this way?
'fraid so dc...I've never felt so motivated, happy to be here in the 15 years
I've been around. The communication is wonderful, everybody's happy..what
could be better?...
Jum
|
92.725 | ;^) | VMPIRE::CLARK | leave your stepping stones behind | Wed Sep 23 1992 18:57 | 1 |
| You've come down with the Space Madness, haven't you Cadet?
|
92.726 | | TERAPN::PHYLLIS | fly through the night | Wed Sep 23 1992 18:59 | 11 |
|
Are you the only one? Not by a long shot.. :-/
Things in the sales organization are ridiculous. Noone has even been
assigned a budget yet and I wouldn't count on one for at least another
month or two. Corporate still hasn't decided how the compensation plan
will work so noone knows how they're being goaled and payed either.
I've never seen anything like it. Morale and motivation are at an all
time low.
|
92.727 | | CSLALL::HENDERSON | Squeak I tell you, squeak | Wed Sep 23 1992 19:26 | 16 |
|
RE: <<< Note 92.725 by VMPIRE::CLARK "leave your stepping stones behind" >>>
-< ;^) >-
>You've come down with the Space Madness, haven't you Cadet?
Cut it out :-)
Jum
|
92.728 | | MONTOR::HANNAN | Beyond description... | Wed Sep 23 1992 19:46 | 24 |
| There is no "good" way to lay people off or "downsize".
One of the reasons I wanted to get into DEC almost 5 years ago
was because of the way they treat people. I worked for 2 high
tech companies after college/before DEC. Both had their layoff
periods, and it was ugly no matter what. Morale ? Tough to
have good morale with these conditions. But when I was finally
laid off from company #2, the very last person from a group of 12
let go in the 30 person company, it was because the product was done
and the knowledge was transferred. "Here is 2 weeks pay. good luck"
The 12 of us let go were acquired from the first company I worked for.
They systematically let everyone go when they got what they needed.
Very cut-throat, very un-friendly.
If you think it's bad here, try working for a smaller company.
At least here they seem to care, though it all depends on your manager.
Believe me, it could be much worse.
And be thankful if you still have a job. It's some tough times....
IMO
Ken
|
92.729 | | VMPIRE::CLARK | leave your stepping stones behind | Wed Sep 23 1992 20:05 | 21 |
| Ken, I understand that things "could be worse." And yes, I'm thankful
I have a job. But I also think that management has the responsibility
to communicate, keep people informed, and do things as quickly as possible
in order to minimize the mental pain people are going through right now.
I'm sorry, but in many organizations, that just isn't happening. IMO.
We keep getting told that layoffs will be done by date X, and when
that time comes around, it's pushed out another month or two. And
again, and again.
Is this necessary, or is it a result of poor planning? Maybe you can
tell me; I'm just an engineer and maybe I don't understand the political
process. So maybe I should keep my mouth shut. All I know is that a lot
of people feel like they're being kept in the dark, and there's a lot
of resentment building. I wonder if upper management is aware of how
people are feeling right now.
This has the makings for another Grateful war, and that's another source
of stress that I just don't need .....
- dc
|
92.730 | And my job went to Chicago - | LJOHUB::GILMORE | It's time for Change | Wed Sep 23 1992 20:08 | 19 |
| I worked for a small medical book publishing company about 4 years
ago and out of 12 employees -- 6 were let go (12 includes the pres
& vp of the company). We were told in the beginning of December --
(Happy Birthday to Me, I'm losing my job!) our last day was to be
the end of March of the following year.
I'd only been there a little under a year when they told us and
expected nothing. My boss cried when she told me -- we still go
out for dinner every once in a while. For Christmas that year,
each person being let go was given a $1,000 check. They also
ensured that each and every employee being let go had employment
plans before they were let go. They kept one woman (who was in
her late 50's & having difficulty finding a new job) for an
extra month.
Sometimes small companies are ok. It all really depends on who's
running the show.
sparky
|
92.731 | | MR4DEC::WENTZELL | IfMusicBeTheFoodOfLove,PlayOn!!! | Thu Sep 24 1992 13:30 | 37 |
| <><><><><><><><> T h e V O G O N N e w s S e r v i c e <><><><><><><><>
Edition : 2669 Thursday 24-Sep-1992 Circulation : 7721
Please send subscription and backissue requests to CASEE::VNS
Digital - Service recognition luncheons and dinners cancelled
{Livewire, U.S. News, 23-Sep-92}
Effective Sept. 30, Digital will no longer fund luncheons, dinners and
banquets in recognition of 5, 10, 15, and 20 year employee service in the U.S.
As a consequence, all company-funded luncheons, dinners and banquets
scheduled for 5, 10, 15, and 20 year employee service in the U.S. will be
cancelled. However, scheduled banquets for 25 and 30 year employee service
will be held this year.
"This was a very difficult decision to make and it reflects the critical
need to reduce costs immediately," said Annette Albright, U.S. Employee
Relations manager. "We hope that employees will understand the business
reasons for this action and we emphasize that their service to the company
continues to be valued."
The company will continue to recognize employee service anniversaries as
before with certificates and awards.
Alternative events to acknowledge employee service are currently under
consideration and will be communicated in the near future.
In a recent LIVE WIRE announcement, Digital's Executive Committee stated,
"Over the next several months, we will identify and communicate other expense
reduction decisions in all aspects of our business. Your support and
participation in helping us to identify and implement expense control
opportunities is critical to Digital's long term viability."
<><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><>
Please send subscription and backissue requests to CASEE::VNS
Permission to copy material from this VNS is granted (per DIGITAL PP&P)
provided that the message header for the issue and credit lines for the
VNS correspondent and original source are retained in the copy.
<><><><><><><><> VNS Edition : 2669 Thursday 24-Sep-1992 <><><><><><><><>
|
92.732 | One of MANY mgmt memos floating about... | CSCMA::M_PECKAR | As the decnet turns | Thu Sep 24 1992 19:12 | 585 |
| From: NECSC::PECKAR "Rachel Peckar / US-VAS Technical, dtn 237-7452 24-Sep-1992 1120" 24-SEP-1992 11:22:28.20
To: mikey
CC:
Subj: FWD: Palmer Message fyi 1
From: CARTUN::JREESE 22-SEP-1992 17:50:27.60
To: necsc::peckar
CC:
Subj: Palmer Message fyi 1
I N T E R O F F I C E M E M O R A N D U M
Date: 22-Sep-1992 05:51pm EDT
From: Jay Reese @MRO
REESE.JAY
Dept:
Tel No: DTN: 297-9651
TO: Remote Addressee ( jim griffin @mro )
TO: Remote Addressee ( _mrktng::beaulieu )
TO: Remote Addressee ( carol sackler @mro )
TO: Remote Addressee ( _necsc::peckar )
Subject: Palmer Message fyi
From: USCTR1::FKULAS "FRED KULAS, DTN: 297-9527 22-Sep-1992 1342" 22-SEP-1992 13:47:24.88
To: @DIST1
CC:
Subj: ATTACHED: BOB PALMER KEY MESSAGES
From: NAME: Abbott Weiss
FUNC: Retail/Wholesale IBU
TEL: 264-5718 <WEISS.ABBOTT AT A1 at CORA @
CORE>
Date: 18-Sep-1992
Posted-date: 18-Sep-1992
Precedence: 1
Subject: BOB PALMER KEY MESSAGES
1
To: See Below
Attached are a set of Company messages and priorities which we strongly
believe and are communicating widely. We need you to reinforce them in
actions and words.
Abbott
BOB PALMER EXECUTIVE MESSAGES
Attached are Executive Messages Bob Palmer will be using in
internal and external presentations and when he is involved with media
inquiries. It is being sent to you and the company's communications
managers for use in your own communications activities.
The index shows key groupings of messages. Each message is
followed by examples, proof points, and amplifications.
The messages will change as events occur and the company's
business situation changes. Periodically we will update and
send revisions.
Regards,
++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++
EXECUTIVE MESSAGES
----
PRESIDENTIAL TRANSITION
THE FOLLOWING PAGES CONTAIN THE MESSAGES DEVELOPED FOR
THE PRESIDENTIAL TRANSITION. PLEASE USE THESE WITH ALL
EXTERNAL AND INTERNAL AUDIENCES.
EXECUTIVE MESSAGES 9/16/92
EXECUTIVE MESSAGES
THEMES
I. RETURN TO PROFITABLE GROWTH
II. PRODUCT AND SERVICES STRATEGY
III. MANAGEMENT STYLE AND CHANGES
IV. WORKFORCE DOWNSIZING
V. BOB PALMER'S LEADERSHIP AGENDA
-1-
EXECUTIVE MESSAGES
I. RETURN TO PROFITABLE GROWTH
The company is moving back to profitable growth via rational
change and precise execution of good business decisions that
give Digital a competitive advantage. We will create
stability and financial strength for the owners -- the
Digital shareholders. We are simplifying the way we do
business and increasing the focus on the customer. We want to
be recognized by customers as the best provider of quality
integrated information systems, networks, and services
worldwide.
MESSAGE 1
We are focusing on what customers want, with planning and
budgeting to match market realities.
o Listening closely -- as a result of this emphasis on
listening, we will respond more closely to what a
customer needs.
o Understanding and fulfilling the needs of targeted
sets of customers through industry marketing -- over
20 industry business units in place.
o Aligning marketing, sales and distribution models with
appropriate margin levels -- for example, new in-house
PC manufacturing, plus the fastest-growing direct
marketing effort in the industry.
-2-
EXECUTIVE MESSAGES
I. RETURN TO PROFITABLE GROWTH (continued)
MESSAGE 2
We are investing for growth.
o Services -- systems integration, multivendor services,
outsourcing and consulting.
o Software -- standards, networking, "middleware" (NAS,
groupware, applications).
o Silicon -- Alpha program, FAB 6, South Queensferry,
worldwide design teams.
o Expansion in growing global markets -- joint ventures
and strategic alliances in Europe, Asia, and emerging
Latin American, African, Middle Eastern, and Eastern
European nations.
o Growing industry segments with high market share
potential -- health care, utilities, environment, etc.
MESSAGE 3
We are cutting costs and increasing productivity.
o Re-engineering the workforce -- as a result, we are
eliminating non-meaningful work.
o Simplifying our products, services, and business
practices.
o Eliminating redundancies in manufacturing, products,
services and the organization -- modular computer
approach.
o Investing in areas that differentiate us
(semiconductors, thin film heads/disks, services,
software, etc.) and divesting in areas that don't
differentiate us (sale of printed circuit board
manufacturing units, spinning off media communications
group, spinning off Cupertino plant).
o Continue to be conservative in fiscal affairs.
-3-
EXECUTIVE MESSAGES
II. PRODUCT AND SERVICES STRATEGY
Digital is the best provider of quality integrated
information systems, networks and services worldwide. We are
moving to balance our traditional technology focus with a
greater market focus. We are re-engineering the entire
supply chain from product creation though sales and services,
to adapt to tomorrow's market and technology forces.
MESSAGE 1
Hardware is already a commodity, and software is becoming a
commodity.
o Increase software investment -- the application leads
the sale.
o Promote NAS (Network Application Support) for
interoperabililty of applications.
o Provide standards-based open operating systems with
leadership OSF and OpenVMS (plus NT when available).
o Introduce modular computing for flexibility, simplicity
and economy.
o Lead the industry with AXP and provide growth path from
VAX and MIPS.
MESSAGE 2
New sales and distribution models are required.
o Focus on selling and satisfying needs of the customer.
o Develop low-cost channels of distribution (example:
Desktop Direct).
o Re-establish importance of resellers and OEMs.
o Need to have "Competitive Supply Strategies" -- i.e.,
time, cost, and quality.
-4-
EXECUTIVE MESSAGES
II. PRODUCT AND SERVICES STRATEGY (continued)
MESSAGE 3
Customers expect more -- we are committed to providing
services and solutions, and will focus more on consulting and
systems integration.
o Build industry business units to understand and meet
specific business needs -- over 20 worldwide units in
place.
o Expand industry-focused applications by growing CSO base
substantially -- over 700 firms committed to Alpha
toolset.
o Enhance multivendor services to further extend
maintenance base beyond Digital products -- 14,000
products and 1,300 vendors today.
o Invest aggressively in systems integration and
consulting expertise for rapid growth -- SI is growing
over 25% per year. SI business was $1.6B worldwide in
FY91 and $2B worldwide in FY92; thus, SI business is
growing at a rate of more than $500M/year.
MESSAGE 4
Global capabilities are essential, and are one of our
greatest assets.
o Worldwide business practices to match our global
accounts.
o Build strategic partnerships as needed (for example,
Microsoft, Olivetti, etc.).
o Leveraging network and services infrastructure.
-5-
EXECUTIVE MESSAGES
III. HOW WE MANAGE
Digital is transforming the entire company to align itself
with the changing market and technology forces. In the
pursuit of profit, we will consider any alternative that
supports our core values of doing what is right for the
customer, and valuing our employees and the communities in
which we operate. Our core values guide us though our most
difficult decisions and tough actions.
MESSAGE 1
The management team will be focused on clear deliverables and
accountabilities.
o We have started and will make the right organizational
moves to align ourselves closer to our customers.
o The management team is putting in place appropriate
business plans to achieve market leadership.
o We intend to accelerate the execution of all these
plans.
MESSAGE 2
"No Excuses" management means accountability and leadership.
o An employee's value is based on the ability of the
individual to contribute to the overall objectives of
the company.
o It is not based on some hierarchy or some position in an
organization chart.
o The company will operate by measurable plans.
MESSAGE 3
Clear decisions will be made and supported.
o There will be open and honest debate of ideas, with
unbiased data supporting these discussions.
o We will then reach a decision based on the discussions.
o The debate will then end, followed by enthusiastic
support across the company.
-6-
EXECUTIVE MESSAGES
IV. WORKFORCE DOWNSIZING
Digital's workforce downsizing objective is to be
competitive, to stay competitive, and to build upon the core
values on which the company is based.
MESSAGE 1
The process for downsizing is being driven by the business
plan of each individual organization within the overall
framework of the company's business goals.
o Each business is determining how they can become more
competitive and what amount of downsizing may be
appropriate for them.
o We are focusing on the work, not on a downsizing number.
o Each business is working with its employees to help
restructure the work. This is a "bottom-up" process,
not "top-down."
o This process is defining the resources for the future of
the company -- the decisions are important and are being
made carefully, but expeditiously.
MESSAGE 2
We will deal with people fairly.
o We believe in meaningful work that adds real value, as
measured by our customers.
o We accept that we will find many activities that no
longer add sufficient value to the company.
o Every effort will be made to use the talented people
that may currently hold positions identified as
redundant.
o If that is not possible, we have no choice but to
eliminate redundant work and positions in order to
become more competitive.
-7-
EXECUTIVE MESSAGES
V. BOB PALMER'S LEADERSHIP AGENDA
MESSAGE 1
Build management strength and depth.
o Focus on the external competition and delivery of
results; eliminate internal charter strife.
o Build management depth through systematic emphasis on
development.
o Base advancement and responsibility on merit.
o Promote rapid decision-making at all levels.
o Expect straight talk.
o The more senior the manager and the higher the
salary, the more that will be expected of that
manager.
MESSAGE 2
Fulfill the company's strategic intent.
o Drive all activities with the Corporate vision and
supporting strategies -- with a customer focus.
o Dedication to marketing and selling excellence.
o Understand the challenges as industry evolves towards
commodities and systems integration.
MESSAGE 3
Enforce sound business practices.
o Establish clear goals and accountability for results.
o Focus on key metrics and reward success.
o Discipline strategy development and implementation.
o Reduce complexity.
o Performance, honesty, integrity, and merit are
paramount in everything that we do.
-8-
EXECUTIVE MESSAGES
V. BOB PALMER'S LEADERSHIP AGENDA (continued)
MESSAGE 4
Unleash Digital's organizational strength and values.
o Knowledge-based companies depend on their employees.
o Utilize strong technical capabilities in all
functions.
o Build on culture of empowerment and energized
employees.
o Continue tradition of industry leadership.
o Reinforce a strong and positive set of values.
o Use the diversity of Digital's workforce as an
organizational strength.
MESSAGE 5
Act as a concerned global citizen.
o Continue Digital's worldwide commitment to important
societal issues -- education, environment, health.
-9-
# # #
|
92.733 | i don't like to share | STUDIO::IDE | Can't this wait 'til I'm old? | Thu Sep 24 1992 19:36 | 16 |
| I just read a Digital Today newspaper's interview with VP Don Gaubatz
on workstations. I was most impressed by his introduction of a new
buzzword -- check out these quotes:
"Sun has a lot of mindshare with you . . ."
". . . and workstations have more mindshare than marketshare."
"And when you get the mindshare . . ."
Here's a fun game you can play to pass the anxious hours awaiting the
Tap: How long before YOUR boss uses this hot new word? Double points
if she or he uses it as a verb. Triple points if anyone has the guts
to ask what it means.
Jamie
|
92.734 | :-) | CSLALL::HENDERSON | Squeak I tell you, squeak | Thu Sep 24 1992 19:56 | 3 |
|
Whats it mean?
|
92.735 | | DEDSHO::CLARK | leave your stepping stones behind | Thu Sep 24 1992 20:12 | 1 |
| Stay the heck away from MY brain pan ....
|
92.736 | | STAR::HUGHES | Captain Slog | Thu Sep 24 1992 20:29 | 11 |
| Hey, I'll ask. Asking people to explain buzzword of the week (or is
that BOTW) one of the few entertaining things to do in meetings, apart
from going on mental vacation.
It is also a pet peeve of mine when people make up words when there are
usually perfectly appropriate words already in the English (or
American) lexicon.
I still don't know what 'hellacious' means.
gary
|
92.737 | An attempt at explaining "Mindshare" | GR8FUL::WHITE | Without love in a dream... | Thu Sep 24 1992 20:39 | 10 |
|
I believe that what Gaubatz meant by "mindshare" is that folks
put a lot more emphasis on workstations as a measure of a
company and its products than workstations share of the computer
products market. We here lots and lots about the latest and
greatest in the battle of the MIPS, but when it comes right
down to it, most people are using middle of the road PC's.
Bob
|
92.738 | | CXDOCS::BARNES | | Thu Sep 24 1992 20:39 | 4 |
| that's the Vulcan mindshare isn't it??? or the name of anew
halu-halu-halu-SIN-o-gen
rfb stuck on sin today
|
92.739 | | CSCMA::M_PECKAR | As the decnet turns | Thu Sep 24 1992 20:40 | 5 |
|
Hey Jamie, wanna come over to my cube and smoke a bowl of mindshare-ware???
:-)
|
92.740 | | LEDS::MRNGDU::YETTO | discover the wonders of nature | Thu Sep 24 1992 20:46 | 13 |
|
My favorite is, was and always will be -> embeddedness ... a term an old
manager used to explain, I assume something to do with disk drives.
I asked a dozen people to explain it, no one knows.
Yeah, he was a good one to go to a management seminar a month and come
back with all kinds of silly sayings and such. I'll never forget when
he told me I was all tangled up in my underwear! :-)
I think it is sad, yet hysterical - which I think purposely to keep me
from going nuts. ;^/
|
92.741 | Define goaling, please!~ | KOBAL::MROGERS | DARE to keep your kids off the GOP | Thu Sep 24 1992 20:47 | 3 |
| Has anyone else run into a new one cropping up in vision statements
known as "goaling?" I'm still trying to figure this one out! Anyone
have a clue?
|
92.742 | Read those sinners who can't tax! eh? | DRINKS::WEISS | Brain surgery with a monkey wrench. | Thu Sep 24 1992 20:48 | 6 |
| > rfb stuck on sin today
Whaddya mean *today*?!?
Dave (who finally broke down to make fun of rfb even though I've resisted
many opportunities in his notes today...) :-)
|
92.743 | | CXDOCS::BARNES | | Thu Sep 24 1992 20:53 | 5 |
| well Dave W. at least you've never made fun of the time we went drinkin
here in Colo Spgs...and I "abandoned ship" and left you with one of my
friends. Oh Man, my head the next day!
rfb who can Take it! (funnin that is, not drinkin!)
|
92.744 | I got this info about 2 months ago-laughed my butt off! | LJOHUB::GILMORE | It's time for Change | Thu Sep 24 1992 20:55 | 8 |
| "Goaling" has something to do with "Coaching" which is what
what once were Managers do now (they're 'Coaches'). They
coach "teams" instead of manage individuals.
Eventually the VISION is to wipe out these Coaches and have
self-managed teams.
sparky
|
92.745 | OOOooopps! That's SparkLESS! | LJOHUB::GILMORE | It's time for Change | Thu Sep 24 1992 20:56 | 1 |
|
|
92.746 | Thanks | KOBAL::MROGERS | DARE to keep your kids off the GOP | Thu Sep 24 1992 20:58 | 4 |
| "Goaling" has something to do with "Coaching" which is what
what once were Managers do now (they're 'Coaches')
Thanks, Sparky. Which team are you on???:-)
|
92.747 | I gotta get back out there one of these days... | DRINKS::WEISS | Brain surgery with a monkey wrench. | Thu Sep 24 1992 20:59 | 13 |
| C'mon, rfb...
I would NEVER make fun of someone for "jumping ship" while drinking. Well,
maybe once or twice, but probably not the 1st time I met them... :)
Besides, I respect my elders too much! :-) :-) :-)
> rfb who can Take it! (funnin that is, not drinkin!)
Give yourself some credit, rfb, you seem to take drinking as well as anyone
I know... %-)
Dave
|
92.748 | I'm not on a Team! | LJOHUB::GILMORE | It's time for Change | Thu Sep 24 1992 21:00 | 6 |
| I'm a Coach Assistant.
I pass out towels and Gatoraide when needed!
:)
|
92.749 | could someone put all of these together? | CSCMA::M_PECKAR | As the decnet turns | Thu Sep 24 1992 21:03 | 3 |
|
Could I mind-leverage a co-team member to electro-coalate these managment
amorphisms?
|
92.750 | | ZENDIA::FERGUSON | Roll me away | Thu Sep 24 1992 21:16 | 24 |
| re: layoffs taking so long
Digital is a BIG company driven by lots and lots of committees. These
committees spend lots and lots of time milling over slides created by
people who call themselves consultants. Consequently, it takes lots and
lots of time for committees containing lots and lots of managers and
consultants to make their final decisions. In short, there is hardly anyone
in this company empowered to make the hard decisions. Everything is done
by a freakin' committee. I don't think there are many high-level managers
(this includes VPs) willing to make the hard decisions for fear of losing
his/her job and/or failing, or worse yet, making some political enemies.
When digital finally wakes up (perhaps Palmer will be the one to wake everyone
up) and gets a few good people to make the hard decisions, i think we'll
turn around. Until then, we'll just sit and wait and be delayed time and time
again.
My project was supposed to know its fate on 24-Aug. After 8/24 rolled by,
they said end of Sept. In early Sept, we were told to look for jobs. It is
now 9/24, 5 people have jobs, and we _still_ don't know the fate of our
project. Go figure that one!!
/jc, who dislikes management_by_committees
|
92.751 | | STUDIO::IDE | Can't this wait 'til I'm old? | Fri Sep 25 1992 12:16 | 30 |
| re: <<< Note 92.737 by GR8FUL::WHITE "Without love in a dream..." >>>
>I believe that what Gaubatz meant by "mindshare" is that folks
>put a lot more emphasis on workstations as a measure of a
>company and its products than workstations share of the computer
>products market. We here lots and lots about the latest and
>greatest in the battle of the MIPS, but when it comes right
>down to it, most people are using middle of the road PC's.
I think that's what he was trying to say, but that's not really a
definition. It was a bit unfair of me to take the quotes out of
context, but it saved a lot of typing. :-) The "interview" is kind of
humorous in itself -- it's obviously written responses to written
questions.
I think it means sharing a point of view or seeing things the same way.
I.e. having the same mindset (another favorite) about an issue.
I recently saw an article (maybe in DTW) about a course on
"knowledging," which was to replace "networking." The instructor used
a yin-yang symbol with knowledging on one side, something else on the
other.
re .739
I can grok that! Let's work that issue off-line.
Jamie
|
92.752 | | DEDSHO::CLARK | leave your stepping stones behind | Fri Sep 25 1992 13:24 | 5 |
| re mindshare etc.
Lydia and I were in a restaurant one day and overheard some people talking
about "getting in bed with the operating system." It was tough to keep my
food down ....
|
92.753 | | CSLALL::HENDERSON | Squeak I tell you, squeak | Fri Sep 25 1992 13:41 | 15 |
|
Maybe they were talking about magic fingers?
:-)
Jum
|
92.754 | | NOVA::FREIWALD | Sic friatur crustum dulce! | Fri Sep 25 1992 14:37 | 9 |
|
hey, getting in bed with an operating system can be fun, especially if
it's multi-threaded. ;-) You gotta be careful though some OS's fork
sub-processes very cheaply and you could soon find yourself with a
very heavy process load very quickly.
Eek, I think I need another vacation.
:-Chuck
|
92.755 | | NAC::TRAMP::GRADY | Short arms, and deep pockets... | Fri Sep 25 1992 14:44 | 20 |
| Sounds like they were working too hard. After all, everyone knows there's no benefit
to sleeping with (E)Unix (ahem). ;-) ;-)
On the subject of buzzwords: empowering, stovepipes, rightsizing, middleware, etc...
and in the non-work, aren't-I-cool buzzwords category: 'cool', and the all-time, most
irritating single word of the 90's - AWESOME. With three teenage-to-pre-teenage kids,
I can feel myself actually getting physically nauseous everytime I see or hear that
word.
As a bit of a semantics freak, it annoys me to hear people pound these poor, helpless
and, more often than not, totally inappropriate words into every other sentence. It
often seems to be a limp attempt to sound smarter or cooler than the speaker will ever
be capable of demonstrating in anything other than speach. Either that, or it's
just plain verbal laziness. Either way, it pisses me off....;-)
In other words, it's just a lot of hot air.
Get a life....(arr arr arr)
tim
|
92.756 | hang in there! | GNPIKE::HANNAN | Beyond description... | Mon Sep 28 1992 12:47 | 16 |
| re: <<< Note 92.729 by VMPIRE::CLARK "leave your stepping stones behind" >>>
and anyone else, I haven't read all the replies yet...
dc, sorry if my note sounded like it was directed towards you, it wasn't.
I was in a bad mood when I wrote it, feeling like crap on my way to a
flu from hell (currently on day 6 :-/)
However, what I wrote I still feel is true, in general. Small companies,
or *anything* different sounds great, but in my experience it can be worse
"out there". A lot depends on your management around here... I guess I'm
lucky to be where I am. In small companies, being cutthroat and not caring
about people often seems to be the norm :-/ That's basically what I was
trying to say. In addition to I'm thankful I'm still _working_ and paying
my bills. Aint much high tech 'round Charlton MA...
Ken
|
92.757 | | ZENDIA::FERGUSON | Roll me away | Mon Sep 28 1992 13:00 | 7 |
| re: tim
fyi - you're going over 80 cols mon on your notes....
/jc :-)
|
92.758 | | DEDSHO::CLARK | leave your stepping stones behind | Mon Sep 28 1992 14:04 | 8 |
| No problem Ken ... I understand what you're saying. I was in a pretty lousy
mood myself last week (as several people in this notesfile know ;^} ).
Anyway, I'd like to see DEC get over the every-organization-is-its-own-little-
empire thing, which IMO is part of what got it into trouble in the first
place. A bit more consistency during layoffs would be a start.
-dcpeon
|
92.759 | buzzspeak | DEMING::CLARK | Third Stone From the Sun | Mon Sep 28 1992 14:24 | 10 |
| In our organization we were asked to fill out a survey on our upper
management. Our Personnel manager reported the findings at a group
quarterly in which she described it as "a sensing tool for probing
the mindset of the group". I of course lost my lunch. But my manage-
ment also put forth some "strategic thrusts" for FY93, including
"measure successfulness of efforts to drive TQM into SCO". Of course
they can't define TQM, but then again, who can?
So, you can imagine using your sensing tool to drive hot thrusts
of TQM into the organization. or maybe you can't.
|
92.760 | And what are the effects on productivity? :-) | DRINKS::WEISS | Brain surgery with a monkey wrench. | Mon Sep 28 1992 14:41 | 6 |
| > So, you can imagine using your sensing tool to drive hot thrusts
> of TQM into the organization. or maybe you can't.
Depends on how good-looking the organization is... ;-)
Dave
|
92.761 | Huh? | LJOHUB::GILMORE | It's time for Change | Mon Sep 28 1992 14:46 | 7 |
| RE: TQM
Total Quality Management?
Just a guess.
sparky
|
92.762 | who knows... | ROADKL::INGALLS | Wish I was a Nomad, Indian or St. | Mon Sep 28 1992 15:16 | 10 |
| >> RE: TQM
>>
>> Total Quality Management?
Yup, that's what it stands for, but what does it *mean*??? ;^)
Glenn
|
92.763 | Looking for trouble . . . | LJOHUB::GILMORE | It's time for Change | Mon Sep 28 1992 15:57 | 1 |
| TQM = "What DEC Lacks"
|
92.764 | my $.02 on TQM | DEMING::CLARK | Third Stone From the Sun | Mon Sep 28 1992 18:33 | 11 |
| yeah, TQM stands for Total Quality Management. But nobody can
define it. I asked my boss's boss (who I like a lot and think
is the most clear-headed manager I've met in Hudson) what TQM
meant. He said something like "everybody acts all the time with
customer satisfaction in mind". I replied that it doesn't make
sense for anyone to act with customer DISsatisfaction in mind.
He got kind of flustered. I really don't mind if they don't know
what it means; it's just that if that's the case, they shouldn't
be making it their top priority for FY93.
- Dave
|
92.765 | Totally Quacked Management!!! | SUBPAC::MAGGARD | WashaUffitze & drive me to Firenze | Mon Sep 28 1992 19:01 | 23 |
|
re: .-1
> He said something like "everybody acts all the time with
> customer satisfaction in mind".
That's one aspect of it. Another is that TQM is kind of an attitude
readjustment from the corporate culture point of view. In a TQM organizaiton,
*EVERYONE* is responsible for the quality of the product/service/etc., including
top management. This, from what I've heard, is supposed to cut down on
finger pointing; and has been touted as the fix for the troubled US auto
companies... ...yeah right! GM's Saturn plant implemented a version of TQM,
and hey, their have been on the top 5 new-owner-quality-satisfaction lists
with Lexus, Infinity, Mercedes, Cadillac, and Acura...
TQM has been a hot B-school topic for a few years now. It's not a cure-all
for every troubled company -- it requires a SERIOUS attitude readjustment by
*ALL* of management... It's a LOT easier to build a TQM company (such as
Saturn) than evolve a company into one.
This message brought to by the numbers 9, 2 and the letters M, B, and A.
- jeff
|
92.766 | | STAR::HUGHES | Captain Slog | Mon Sep 28 1992 20:27 | 5 |
| >This message brought to by the numbers 9, 2 and the letters M, B, and A.
Now that I can grok :-)))
gary (who is tired after a hard day of visioning)
|
92.767 | Cut cut cut | MR4DEC::WENTZELL | IfMusicBeTheFoodOfLove,PlayOn!!! | Tue Sep 29 1992 11:29 | 13 |
| Heard on the radio this morning (WZLX): "The new head of Digital Equipment
Corporation says he plans to cut costs by $1 billion."
The new era officially starts Thursday...
Scott
PS - Kinda reminds me about one of Jay Leno's lines last night: Did ya hear
Bush asked congress to reduce his salary by 10%? He must be getting
ready for the big clearance sale in November, everything must go!!.
It's the K-Mart approach to campaigning - if ya can't beat 'em on
quality, beat 'em on price!
|
92.768 | | CSLALL::HENDERSON | Its a big ol' goofy world | Tue Sep 29 1992 15:25 | 14 |
|
Reorg hits Dascomb Road..I get a new boss and lose my mgr title, as does the
supervisor under me..essentially a level (in some cases 2) of management was
eliminated (though the people are still here). I have basically the same
responsibilities with no title..and I think I'll like my new boss..
Jum
|
92.769 | Is this Jum or his alter ego? | LJOHUB::GILMORE | It's time for Change | Tue Sep 29 1992 15:39 | 6 |
| Sounds like you're glad to be losing your manager title --
or at least that things are changing.
Don't know whether I should say congrats or bummer . . .
:) sparky
|
92.770 | I'm glad you're still here | MR4DEC::WENTZELL | IfMusicBeTheFoodOfLove,PlayOn!!! | Tue Sep 29 1992 15:40 | 5 |
| Sorry to hear it Jum, although losing your title I would bet is easier than
losing your job.
Scott
|
92.771 | And, yes, I do have a job :-) | CSLALL::HENDERSON | Its a big ol' goofy world | Tue Sep 29 1992 15:50 | 16 |
|
I don't have a problem losing the title..I'm not the only one in the place in
the same predicament. And if I'm interested, there are other opportunities
around for me. I like the business I'm in at the moment and have indicated a
desire to stick around which apparantly has given my new boss a sense of
relief.
So, its cool. Wierd, but cool.
Jum
|
92.772 | up up up up up | ZENDIA::FERGUSON | Roll me away | Tue Sep 29 1992 16:50 | 4 |
| It'll be interesting to see Wall Street's reaction is when Palmer takes the
commander's seat. I say the stock is going to go up a bit... but, who knows?
watching and wondering and owner of a fair amount of decstock!
|
92.775 | | CSLALL::HENDERSON | Its a big ol' goofy world | Tue Sep 29 1992 17:21 | 10 |
|
I was just in there a little while ago...its alive, but slow.
Jum
|
92.777 | | NAC::TRAMP::GRADY | Short arms, and deep pockets... | Tue Sep 29 1992 19:01 | 12 |
| I you want to see something (slightly) funny, try
$ VTX AYOSTOCK
and look at the first option in the menu - the stock graph.
Apparently there's a problem with the software that draws
the graph, and the person who maintained it got the package,
and they can't figure out how to fix it....
BTW, DEC stock is at $36...
tim
|
92.778 | | CSLALL::HENDERSON | Its a big ol' goofy world | Tue Sep 29 1992 19:06 | 11 |
|
Maybe they can bring the person back as a consultant to fix it? :-/
Jum
|
92.779 | probably why you can't access it ... | CUPTAY::BAILEY | Season of the Winch | Tue Sep 29 1992 19:12 | 5 |
| I seem to recall reading a note that said the HUMANE node (home of the
DIGITAL Notes Conference) is being moved and will be offline for a while.
... Bobbb
|
92.780 | Who ya' gonna believe??? | DRINKS::WEISS | Brain surgery with a monkey wrench. | Tue Sep 29 1992 19:24 | 6 |
| According to DECW$QUOTE (don't know where it gets it's info from) says
DEC is at 40 1/4 up 1/4. This jibes with LIVEWIRE which says the stock
opened today at 40. I'd believe this above AYOSTOCK, since those bozos
can't even maintain a graph... :-|
Dave
|
92.781 | | ZENDIA::FERGUSON | Roll me away | Wed Sep 30 1992 12:21 | 8 |
| DEC stock closed at 40.00 yesturday, unchanged from the previous day. DEC
has been getting a bit of press (like, everyday) in the Boston Globe lately.
I expect this trend to continue as Palmer implements his plan... I say
DEC stock will go up...
FWIW: The state of MA lost another 10,000 jobs during the month of August.
|
92.782 | DEC stock and futures | NAC::TRAMP::GRADY | Short arms, and deep pockets... | Wed Sep 30 1992 12:30 | 14 |
| Yes, I wouldn't expect the stock to go down much more, simply
because it's already lower than the value of the assets, from what
I've heard in recent months....can't get much cheaper than that.
Now, if we actually start shipping Alpha's (in the spring?), like
we say we are, then maybe things will shape up a little then. As
for what tomorrow's new chief has planned, I'm not entirely sure
what's gonna happen there. I'm just fastening my seatbelt and
holding on for the ride.
I'd be willing to bet that we represent a good sized chunk of those
10,000 lost jobs last month.
tim
|
92.783 | | CSLALL::HENDERSON | Have you seen the like? | Wed Sep 30 1992 12:33 | 11 |
|
I think Tim has the best idea...fasten the seat belt and hang on..I think
we'll see some significant stuff happening pretty quick..
Jum
|
92.784 | | TLE::ABBOT | J. R. "Bob" Dobbs in 92 | Wed Sep 30 1992 15:13 | 8 |
| Alpha is definitely going to ship. Here in TLE/SDT/IDC/whatever they
call us now, all of the languages are being ported to Alpha (now
officially Alpha AXP, although the AXP means nothing). VMS sales are
dropping because the customers have been made bigger promises with
Alpha. Hopefully things will pick up when it hits the market.
Scott
|
92.785 | | CSCMA::M_PECKAR | As the decnet turns | Wed Sep 30 1992 15:19 | 5 |
|
Bob Palmer is DVNing (hows that for a werd, Jamie?) today...
Fgo
|
92.788 | | LJOHUB::RILEY | Namer of chaotic individuals everywhere! | Wed Sep 30 1992 17:00 | 42 |
|
O.k., it's time for me to raise my ugly pro-business head again and say
a word about TQM...
Yeah yeah, I hate buzzwords as much as ya'll do, but sometimes I see
such two faced-ness amongst my technical colleagues when they mock the
management types that I just have to laugh and wonder who really is the
wiser...
Yes, TQM could be defined as concentrating on the customer all of the
time in everything you do to provide a total quality offering in
products and services as well as business structure (delivery systems,
customer support operations etc...) But it's actually more than that.
TQM is really regarded as an umbrella for a variety of popular
methodologies that are used in achieving quality results in producing
those products and services. Quality Functional Deployment (QFD) is
one of those methodologies, Formal Inspection is another, Taguchi (sp?)
and contextual inquiry is yet another... Six Sigma, etc...
But you know, this is one funny thing about the human animal... when we
come across a new way of looking at something that's been around for a
while, we always give it a new name... America, Hate crime,
Pro-choice, Inflation, are all examples of words that people assigned
to concepts and things that we around long before the word was, but the
word actually gave the people a way of communicating and understanding
the thing better. BFD, Get over it people...
Yes the trendiness of it all is annoying, but trendiness exists in all
social groupings: We even have a note about it in this notesfile about
Deadhead trends...
Hey Engineers... you want a better (closer to home) example? What is
Object Oriented Code? Isn't it just a *new* buzzword that describes
effective programming techniques that have actually been around long
before OO ever evolved? Huh?
Sorry,
Blew my lid,
Tree
|
92.789 | | CXDOCS::BARNES | | Wed Sep 30 1992 17:03 | 2 |
| the best thing ya said was BFD.....%^)
rfb
|
92.790 | | LJOHUB::RILEY | Namer of chaotic individuals everywhere! | Wed Sep 30 1992 17:08 | 4 |
|
Well then, I'm glad I threw it in! :^)
Tree
|
92.791 | :^) | ROULET::DWEST | if wishes were horses... | Wed Sep 30 1992 18:16 | 7 |
| hey now Treemon...
keep up the spew... i find myself agreeing with a lot of what you say
(if not actual content sometimes, at least the attitude seems balanced
and something i can relate to)...
da ve
|
92.792 | | CSCMA::M_PECKAR | As the decnet turns | Wed Sep 30 1992 18:32 | 6 |
|
Hey, what about me, da ve?
Sniff sniff..
left_fieldP
|
92.793 | i luv you too Mikey! | ROULET::DWEST | if wishes were horses... | Wed Sep 30 1992 20:03 | 7 |
|
i encourage you to keep up the spew as well dude... i just don't agree
with all your commie, pinko, leftist paranoid ramblings as quickly!
:^) :^) :^)
da ve
|
92.794 | | LJOHUB::RILEY | Namer of chaotic individuals everywhere! | Thu Oct 01 1992 11:16 | 8 |
|
:^)
Hey, I just appreciate the opportunity for equal time...
Editorial Note
|
92.795 | | CSCMA::M_PECKAR | As the decnet turns | Wed Oct 07 1992 13:41 | 11 |
|
Here's another one for ya, Jamie...
As if "downsizing" wasn't enough of a euphemism for layoffs, now I've
been hearing "Rightsizing" used as euphemism for the former. Apparently, the
term was originally used by planners, purhcasers and marketeers in the
context of sizing computer networks, but management has giving more elusive
meaning now...
|
92.796 | | 33593::PHYLLIS | in the shadow of the moon | Thu Oct 08 1992 16:12 | 5 |
|
they've been using rightsizing here for probably about 6 months now. I
think they're having a stupid-slogan contest somewhere.
|
92.797 | ;'} | SLOHAN::FIELDS | Better make it through today | Thu Oct 08 1992 16:32 | 2 |
| whats the prize if ya win the contest ? 9weeks of pay and directions to
the unemployment line ?
|
92.798 | KO speaks! | SPOCK::IRONS | | Thu Oct 08 1992 17:07 | 93 |
|
{The Boston Globe, 1-Oct-92, p. 57}
Digital founder distances himself from his company
On his last official day as president of Digital Equipment Corp., founder
Kenneth H. Olsen sought yesterday to distance himself from the $14 billion
company he founded and from his successor, who is scheduled to make his first
public statements this morning.
The 66-year-old Olsen has not spoken with reporters since he shocked the
computer industry by stepping down July 16. Sitting in shirtsleeves on a bench
outside his new office, Olsen talked for about 25 minutes during the chilly
afternoon, speaking in reflective tones with sporadic flashes of irritability.
"I would have like to have left after the next turnaround," said Olsen who
refused to answer directly as to whether he had been fired by Digital's
board. "I do not run from problems." He added that "the stories are not all
true. But they are not the sort of thing you comment on. Once you start, the
details go on forever."
The nation's second-largest computer maker has has posted three straight
quarters of operating losses, and reported a whopping loss of nearly $2
billion for its fiscal fourth quarter, which ended June 27. The number
included a $1.5 billion reserve that Digital has set aside for layoffs and
plant closings. In fiscal 1992, Digital lost $2.79 billion.
Olsen contradicted statements from Digital that he handpicked Robert B.
Palmer, the vice president who officially ascends to president and chief
executive officer today. "I wasn't directly involved," Olsen said, adding that
"I don't have any negative thoughts" about the 51-year-old Palmer. Does he
have, then, positive thoughts? "Don't ask too many hard questions," Olsen said
flatly.
To be sure, he did not express overwhelming confidence in Palmer, a
seven-year veteran of Digital, or the management team he his assembling. "It's
too early to say what they will do," Olsen said. Palmer will address a group
of reporters and analysts at 11:30 this morning.
Most analysts expect the 113,800-employee company to lay off around 15,000
workers. Olsen, who ran Digital for 35 years, maintained an informal
no-layoffs policy until 1991. "We never used the word layoffs," he said. "We
helped people find other jobs internally or externally."
With the insistence of the press on numbers all the time, it brutalizes the
whole process. It was always done gently, without the humiliation and
brutalness of reading it in the paper. But the world is different now."
Indeed Olsen said that he hoped Digital would not completely abandon his
style. "Sometimes the numbers have to be more large, and things can't be done
as slowly," he conceded. Sources close to the company have said that Olsen's
departure at least in part resulted from his unwillingness to lay off large
numbers of employees.
If such a layoff is in the offing, Olsen certainly went to great pains
yesterday to make it clear that "I literally haven't been involved" in any
aspect of Digital over the last three months. He said that his lack of
involvement "just seemed like an obvious thing to do from everybody's point of
view. It was never discussed."
He said that he has written hundreds of pages of advice - covering such
subjects as how to run meetings, picking employees and the "nature of our
business" - mostly to Palmer. He said that Palmer has welcomed his memos, and
encouraged him to send more. "I said that when I retired, I'd never be one of
those who interfered, but I've probably done my share of interfering," Olsen
said.
But, he added, "I never had this feeling of ownership" about Digital., in
which he owns roughly two percent of stock. "I don't at all have these
emotional things I think you are looking for. I'm a professional manager."
One area about which Olsen clearly does feel emotional is the circumstances
of his departure. He said that it was "nobody's business" what goes on at
Digital board meetings, and claimed that "I don't know a lot of things." When
pushed further, Olsen raised his voice saying, "No, no, no, don't push. Don't
be a pain in the neck. I said we are not going to discuss it."
He added, "There are all kinds of implications, and they will all come out
wrong in the Globe anyway."
Asked about reports that he had told a group of engineers that he was fired,
Olsen claimed that he did not remember saying it, but admitted that "senior
people said I did." He rather cyptically [sic? - TT] added that "you're
pushing too hard on words. There are different kinds of meanings."
As to whether he would still like to be running Digital, he said that "from
the start, I only asked to stay as long as I was very best."
Apparently, that exit instinct also also applies to his role as a board
member. In July Digital said that Olsen, who serves as DE FACTO [italics - TT]
chairman, would serve out his term, which ends in November 1993. But on Sept.
14 Digital announced that Olsen would step down as of today.
Had he stayed, he said, "I would do it poorly. I know too much. The board is
supposed to look at things at a distance and with objectivity. I know all the
questions to ask. It's not good. I'm a nice member of other boards."
Aside from serving on other boards, and giving speeches, Olsen did not
elaborate on his future plans. Although he described himself as more of an
engineer than an entrepreneur, he would not rule out starting another
business. "I'm young, and who knows what happens in the future," he said.
As for the immediate future - today - Olsen said that he would not appear at
Palmer's corporate coming-out party. "It will be like any other day," said
Olsen, who started Digital when he was 31 years old. "I've got a list of
things to do, a list of calls to make, and a bunch of letters I'd better
answer."
With that, Olsen - who was happy to have gotten his fax machine repaired -
rose and lumbered back into the house that that will now serve as his office.
But he did allow himself one moment of sentimentality. Sort of.
"I don't miss the hoopla. I'll miss tilting at reporters," he said, focusing
his eyes on the one who happened to be present. "I'll miss them asking their
dumb questions, and trying to straighten them out."
|
92.799 | | SSGV02::GPEACE::Strobel | Jeff Strobel | Fri Oct 09 1992 16:38 | 5 |
| slogan contest? how about capsizing (with defernce to the Lost sailor
note). This capsizing might be caused when a disproportionate number of
those at the bottom are axed, leaving the company top heavy.
just wondering
|
92.800 | | ROADKL::INGALLS | I wish I were me.. WAIT! I am me!! | Fri Oct 09 1992 18:37 | 6 |
| re -1
Now that's a GOOD ONE!!!
|
92.801 | \ | TERAPN::PHYLLIS | in the shadow of the moon | Wed Oct 14 1992 15:27 | 6 |
|
Apparently our quarterly earnings (or lack thereof) are on livewire.
A loss of 250M for the quarter.
Stock currently at 37 1/8 (+1 3/8)
|
92.802 | how fast can you dance | SELL3::ROBERTS | a blinding flash o'the obvious | Wed Oct 14 1992 16:00 | 7 |
| Yes - a very upleasant loss. You can bet Mr. Bob doesn't want to
repeat such an act so be watching for heightened activity in the
'cat on a hot tin roof' category.
:-)
|
92.803 | my $.02 as an employee and a stockholder | DEMING::CLARK | Third Stone From the Sun | Wed Oct 14 1992 17:36 | 10 |
| re .-1
I sure hope so. Quite frankly I'm worried that the smooth-talking
bureaucrats under BP aren't letting the truth rise unadulterated
to BP's level. "Redefining the Supply Chain" involves getting your
hands dirty and sometimes bloody. So far all I've seen are long,
content-free memos saying all the wonderful things that will happen
when we get our supply chain straightened out.
- Dave (waiting for BP to become Rapid Robert)
|
92.804 | | LJOHUB::RILEY | Namer of chaotic individuals everywhere! | Thu Oct 15 1992 12:49 | 7 |
|
If you ask me, that $250M loss is *better* than expected for Q1. This
reflects the stock price rise. No loss is a good loss, but maybe (just
maybe) the worst is over, and it's time to come back.
Tree
|
92.805 | 23,500 employees are slated for pink slips! | ZENDIA::FERGUSON | Roll me away | Thu Oct 15 1992 12:50 | 7 |
| I have a friend who works on the west coast and they call BP "Hurricane Bob"
out there (Ting, do ya'll call him that where you are? My friend works in
Costa Mesa, I think).
Unbelievibly, the stock rose $1+ yesturday!
It is gonna get worse before it gets better, no question.
|
92.806 | | GNPIKE::HANNAN | Beyond description... | Thu Oct 15 1992 13:20 | 12 |
| Looks like there are 5300 less people in the company, according
to the Vogon News report. Total in DEC is now a bit over 108,000
employees.
I was expecting more around 7500 gone, but it's double the initial
rumor or 2500 that I read somewhere.
The scary part is, I've heard the projected goal to be anywhere
from 15000-25000 less employees within the fiscal (?) year, which
means about 10-15K still to lose their jobs.
Ken
|
92.807 | | TERAPN::PHYLLIS | in the shadow of the moon | Thu Oct 15 1992 13:38 | 8 |
|
I believe the rise in stock price is attributed to the 'street stories'
saying 25K more people cut by the end of next year.
Also, our numbers were known before they were out. The stock had
already been devaluated.
|
92.808 | Rte 128 - the Rust Belt v2 | SSGV02::GPEACE::Strobel | Jeff Strobel | Thu Oct 15 1992 13:44 | 8 |
| All of the systems vendors (DEC, HP, IBM, Sun, Fujitsu, etc) are in varying
degrees of pain, profit-wise. Microsoft's numbers were pretty good, 40%+
increase in revenue and in profits.
NT - the finest product yet to ship. gotta like marketing hype.
jeff
|
92.809 | Microsoft is going places! | ZENDIA::FERGUSON | Roll me away | Thu Oct 15 1992 14:20 | 15 |
| re: stock rise
I believe phyllis has it right: the stock rose due to the "talk" by BP of
straightening out the company, not because the loss was less then expected.
The loss was actually _greater_ then expected... sigh...
re: windows NT.
The initials for this product are WNT. What acronym is made when you take
the alphabetically preceeding letters for each letter in "WNT" ?
BTW, Dave Cutler, cheif engineer of NT, is an ex-deccie. he had a big hand
in getting VMS working.
|
92.810 | | SKYLRK::TING | Give Peace a Chance!!! | Thu Oct 15 1992 16:32 | 13 |
| >Ting, do ya'll call him that where you are?
We don't call him anything out here. We just duck when the sweep
comes and polish up the resume. I think the vacuum-cleaner is more
like it. Maybe the stocks rose when KO disowned any direct decision
in BP's being named to the Head Honcho. I like DEC better when the
company actually *cared* about their emplyees and not about figures
on their balance sheet (I know about the state of the company and all,
but I'm talking about the approach here). I miss KO. He was one of
a kind.
peace,
t!ng
|
92.811 | | TERAPN::PHYLLIS | in the shadow of the moon | Thu Oct 15 1992 17:33 | 12 |
|
In case it hasn't hit your little part of the world yet.. Don Zereski
stepped down yesterday. Rumors say that it'll be an external hire, at
least to head up sales and marketing. Rumors also have it that Bill
Steul (recently named as CFO after a year or so search during which
they said they were looking for a qualified external candidate) is now
the Acting CFO, and that an external hire will fill that position as
well.
BIIYNI. Just don't hold your breath or anything. ;-)
|
92.812 | | CSLALL::HENDERSON | To the bright side of the road | Thu Oct 15 1992 19:03 | 9 |
|
Fasten your seat belts and hang on..
Jum
|
92.813 | It's about time | NECSC::LEVY | | Fri Oct 16 1992 11:36 | 5 |
| As far as I'm concerned, it will be about time when we finally have
someone with a background in sales and marketing heading up the
sales and marketing area in this company.
~dave
|
92.814 | | TERAPN::PHYLLIS | in the shadow of the moon | Fri Oct 16 1992 11:40 | 4 |
|
You said it!!!!!!!!
|
92.815 | | CSLALL::HENDERSON | To the bright side of the road | Fri Oct 16 1992 11:48 | 11 |
|
But, wouldn't that make too much sense?
Jum
|
92.816 | | TERAPN::PHYLLIS | in the shadow of the moon | Fri Oct 16 1992 12:49 | 20 |
|
Palmer spoke (as a surprise, not on the agenda, guest) at yesterday's
sales management meeting. He said we would hire externally for
Zereski's replacement in sales and marketing. He said he doesn't mean
to denigrate services, or any other organization here, but that sales
and marketing were professions and needed direction from professionals
in their own fields, people who understand what it means to sell.
It's about time.
He also said that we will lose 28,000 jobs within the next 2 years.
Digital will be an 80,000 employee company. He talked about the
difficulties coming into a situation like this, where cuts have to be
made to exist. Noone wants to get rid of 28,000 jobs but he said he
must look at it as if he's saving 80,000.
He spoke for about 1 1/2 to 2 hours, and was apparently quite
impressive.
|
92.817 | | VMPIRE::CLARK | leave your stepping stones behind | Fri Oct 16 1992 13:00 | 1 |
| Two years ... oy ...
|
92.818 | An unpopular opion, but... | DRINKS::WEISS | Beer -- It does a body good. | Fri Oct 16 1992 14:05 | 11 |
| > Noone wants to get rid of 28,000 jobs but he said he
> must look at it as if he's saving 80,000.
Hmmm. Interesting perspective. It is, of course, a PR statement, but it
really is true (IMHO). I think DEC has screwed itself by trying to do
too much. So instead of doing a few things well, we do alot of stuff
okay...
There's just too much competition...you can't make money that way anymore...
Dave
|
92.819 | Hard Times in the Land of Plenty | DEMING::CLARK | Third Stone From the Sun | Fri Oct 16 1992 14:27 | 9 |
| re .-1
I agree. I hope that DEC will keep me on through this, but I won't
take it personally if they don't. It was easy for this company to
'treat the employees well' when the company was making money hand
over foot. This is sheer survival mode, nothing else. Scary, but I
guess it builds character.
- Dave
|
92.820 | Spewing Forth... | SUBPAC::MAGGARD | WashaUffitze & drive me to Firenze | Fri Oct 16 1992 15:14 | 55 |
| > I think DEC has screwed itself by trying to do
> too much. So instead of doing a few things well, we do alot of stuff
> okay...
I agree inafunkysortofway. I don't think DEC does too many things okay, I
think that DEC stopped being the best at one thing--selling our top-end
mainframes.
> There's just too much competition...you can't make money that way anymore...
...in traditional presidential candidate form, I will use this out of
context! ;-)
Granted I haven't been around too long, but the way I see it is that DEC
has traditionally done one thing well. During the 80's DEC made the best main-
frame computers at a time when owning one was the cat's meow. We did one thing
and did it very well, for a while. Then people's needs changed and DEC didn't;
same thing happened to the US car makers in the early-mid 70's during the
gas crunch. Today's market is different, and people want more specialized
products for increasingly diverse applications. That, along with a recession
and a couple of costly engineering decisions, is what killed the VAX9000
(IMHO). People will be hesitant to buy a full-fledged mainframe computer
system for upwards of a million bucks in the future. They've realized that
the pace of technology will make them obsolete in 3-5 years. This is why
workstations are more popular these days: nearly the same power/user, lower
initial investment and reduced operating costs, and modular upgrade-ability.
This is why Bob and the gang are dumping their eggs in the Hudson basket.
The Alpha line is supposed to support both the aging mainframe fleet (in
terms of upgrades) and the growing workstation market... think Europe and
Asia!
Companies like Motorola build chips and radios. They build the best radios in
the business, no question. Their chips, like Intel's, are widely used --
but not necessarily the best :-) Motorolla and Intel lead their markets in
technology! DEC (until Alpha) has NOT had a pack-leading technology in a
growing market during the last few years -- hence the current financial
trouble.
In the technology business, you can only be a leader!
We've proven that we can do this. The technological capabilities of this
company are FAR beyond most others! We just have one problem...
We are far too big for the business we currently do. IBM's earnings per
capita is about 50% higher than ours. Japanese companies (e.g. Nissan) have
E/C values 10 times as high!!! We either have to increase earnings, or cut
the employment base. It's an easy choice to make for an executive. During
hard economic times, increasing earinings is VERY difficult in a niche based
industry. DEC has just created a niche with Alpha, but we won't see the
fruit until the tree grows and the flowers bloom -- and winter's just about
here.
Folks, it's gonna be a long winter.
- jeff-who-shoulda-put-this-in-the-bummer-note
|
92.821 | two down | SLOHAN::FIELDS | Better make it through today | Thu Oct 29 1992 15:00 | 59 |
| Worldwide News LIVE WIRE
Facilities in Springfield, Mass. and Burlington, Vt., slated to close
Employees at Digital's Springfield, Massachusetts and Burlington, Vermont,
facilities were informed today that those sites will be closed. Workforces
will be reduced over the next six months, and the process will be complete
by April. The plant closings will affect approximately 320 employees in
Springfield and 350 in Burlington. Sales and Services facilities will
remain open in both cities.
Ed McDonough, vice president, Manufacturing and Logistics, explained that
the decision to close a facility is based on a careful review of many
factors including current production activity, capability and capacity,
geographic location and access to market demand, and the requirements
anticipated for the future.
"The computer industry has been going through a period in which technology
has advanced by orders of magnitude, increasing the efficiency with which
products can be manufactured," Ed said. "The movement of computing power to
semiconductors; the shift in demand to high-volume, low-margin commodity
products; and the decreased demand caused by a soft worldwide economy has
left Digital and other companies in the industry with excess manufacturing
capacity. The corporation has been restructuring worldwide to adjust to
the new capacity needs by eliminating redundancies and divesting in areas
where we cannot clearly differentiate ourselves in the market.
"Our goal is to position capacity to best serve our customers and to
optimize the utilization of our assets. It is on the basis of this
strategic intent -- and not an issue of quality of work -- that the
decision was made to close the Springfield and Burlington plants. Both
plants and their employees have held an important place in Digital's
history," Ed continued. "Manufacturing will remain a core competency for
Digital."
The details for closing the plants were outlined today to employees in
group meetings. The affected employees will be offered a number of benefits
including a financial support package based on years of service to the
corporation; continuation of medical, dental and life insurance for a
specified period; and professional outplacement assistance.
The company is currently working with state and local governments, as well
as outside organizations, to find external alternatives for the plants. The
disposition of the two sites has not yet been determined.
Springfield performs systems integration work to support PCs and produces
storage tape products. The Springfield PC work will be relocated to the
Kanata facility in Canada. Kanata presently produces a variety of products
and components used in the manufacture of PCs, and it is the only plant in
North America, other than Springfield, that is currently engaged in PC
integration. Tapes will be absorbed by another Digital storage plant, the
location of which is yet to be determined.
Burlington is a service-oriented business that includes repairs, consulting
and services engineering support. The Burlington services support work will
be distributed among several sites in the U.S., primarily Salem, New
Hampshire; Sunnyvale, California; and either Andover or Billerica,
Massachusetts.
|
92.822 | and the beat goes on ... | CUPTAY::BAILEY | Certified Ski Destructor | Thu Oct 29 1992 16:28 | 7 |
| More manufacturing jobs leaving the country ... sound familiar?
Tapes products will probably be moved to Kaufburen (Germany) or some
other overseas facility.
... Bobbb
|
92.823 | | EBBV03::SMITH | I've got a peaceful easy feeling | Thu Oct 29 1992 17:11 | 5 |
|
I am VERY sorry to see they're taking the PC manufacturing
out of the country!
HANG IN THERE GER!!!!!!!
|
92.824 | Alpha AXP in the news re: NT | NECSC::LEVY | | Tue Nov 03 1992 16:15 | 65 |
| Date: 3-NOV-1992 13:08:38.57
From: CSCMA::CSCMA::ELLIS "Mark Ellis - DTN: 237-7567, DID (508) 841-7567, @SHR 03-Nov-1992 1303"
FROM: Nicole Benecasa
DEPT: ESB H/W Product Management
EXT: 223-8155
LOC: MLO5-5/E71
ENET: PSDVAX::BENECASA
SUBJECT: Jensen and NT demonstrated by Bill Gates!
Yesterday Microsoft held a special day for the NY financial community,
analysts, and press - it was called "Windows on Wall St.".
The highlight of the day (for us, anyway) was having Bill Gates demo
Jensen running NT for the entire audience of about 1000 people. This was the
first public demo of Jensen running NT. Gates was the keynote speaker at
this one day event.
The very first slide he put up was as follows:
-----------------------------------------------------------------------------
TECHNOLOGY DRIVING COSTS DOWN
After
Introduced Clock 2 Years MIPS
386 1986 16 33 4-8
486 1989 25 50 12-24
Pentium 1993 50 100 40-80
R4000 1992 50 100 40-80
Alpha 1992 150 250 150
------------------------------------------------------------------------------
He spoke about the high-end performance of Alpha being a key part of the
Microsoft/NT strategy. His attitude was VERY positive about Alpha -its
scalability from the desktop to the mainframe. And he talked about that not
only in this first slide, but several times throughout his presentation.
The next thing he did was demo Jensen/NT on stage. The demo worked fine, and
the speed of it was impressive (even though it is not tuned yet!). Jensen
was the only system he demo-ed during his keynote address. A Sequent
16 processor system was to have been demo-ed but something wasn't working
right, so it never got shown or mentioned. Gates even said he Alpha/NT port
was ahead of schedule.
At the end of the talk Gates took questions. About the last question asked
was "What RISC processor should I buy if I want to run NT?" Well, obviously
this person didn't listen too closely to the presentation, but that was ok
with us. It gave Gates another opportunity to mention Alpha. He said that
NT would be offered on MIPS and Alpha. But he did say that Alpha's
performance was far and away the superior of the two (I'm paraphrasing,but
that was the message).
Digital did issue a press release yesterday about Gates showing Alpha and
we had pictures taken of him with the system. So we hope to get some good
press out of this.
This event turned out better than all of our expectations!
|
92.825 | DEC press release | SPOCK::IRONS | | Mon Nov 09 1992 12:26 | 37 |
| DIGITAL - HAMBRECHT & QUIST ANALYST ROBERT HERWICK SAYS PALMER
SPEAKS WALL STREET'S LANGUAGE.
In announcing the firm's latest financials, Digital attached firm
numbers to its cost cutting efforts. The number of positions cut
by yearend 1993 could go as high as 25,000 with more than 5,300
of those cuts to come before yearend 1992. Herwick said Palmer
is wasting no time moving ahead with improving efficiency and
cutting expenses. Analysts in general reacted well to the candor
of Digital's statements. The firm did not wish to forecast when
it would return to profitability. Senior VP John Smith said the
firm does not expect Alpha to really begin contributing to
revenue until the next fiscal year but added that Digital would
not mind being surprised. Brown Brothers analyst William Milton
believes that Smith's comments may have been aimed at dampening
perceptions that Alpha is a miracle cure for the firm's problems.
Milton said Digital does not expect the system to change its
fortunes overnight.
Technology Strategies analyst Marc Schulman noted that the
stabilization of VAX sales was an important indicator that users
are buying the firm's story about migration to Alpha. (The firm
stated that VAX sales have stabilized in Europe as they had
earlier this year in the U.S. with customers beginning to buy the
new VAXs that are designed for easy migration to Alpha.)
Generally, analysts seem to think that the firm's fortunes have
finally bottomed out and that the outlook will now begin to
improve. Goldman Sachs analyst John Levinson believes that the
amount of application software available for the new Alpha
machines will be an important factor. Microsoft's NT has been
delayed and he believes that many of the key packages needed by
large customers will not be ready for a year as they are still
undergoing conversion. The world economy is considered to be the
wild card. (BG,10/15/92,p41; WSJ,10/15/92,pA4)
To Distribution List: deleted
|
92.826 | | SCOONR::GLADU | | Mon Nov 09 1992 12:27 | 15 |
| Well, todays the day I get to sign a form and receive my "Official_DEC_
Blanket_60_Day_Notice" (tm). This is just a formality to cover DEC's
corporate behind. I get to recieve my individual notice some time after
January 1 and can't take a job outside of DEC and still keep my severance
check (~$15-16,000 in my case) until I receive my 2nd, individualized,
notice. Of course, I can be let go at any time after these 60 days.
They didn't specify how much lead time the 2nd notification was going
to be. We presume another 60 days but the "Official_DEC_Blanket_60_Day_
Notice" (tm) takes care of any and all possible shorter, individualized,
notifications.
Just trying to keep you all up to date on what actually happens when
a plant closes. We, of course, are probably the last plant lucky enough
to get a severance. Well, time to sign upp for my "Skills Assessment"
class before it gets all filled up.
|
92.827 | | CSCMA::M_PECKAR | fast times at Decnet High | Mon Nov 09 1992 13:17 | 12 |
|
> Just trying to keep you all up to date on what actually happens when
> a plant closes. We, of course, are probably the last plant lucky enough
> to get a severance. Well, time to sign upp for my "Skills Assessment"
> class before it gets all filled up.
True, you are lucky enough to have advanced notice. I know how devastating it
was when some DEC employees I know were given their notice and escorted out of
the building by security all in one day...
I guess with Clinton in office, Chances aren't too good the Armory will revert
to its original use soon...
|
92.828 | | SCOONR::GLADU | | Mon Nov 09 1992 13:35 | 15 |
| re: Note 92.827 by CSCMA::M_PECKAR
>True, you are lucky enough to have advanced notice. I know how devastating it
>was when some DEC employees I know were given their notice and escorted out of
>the building by security all in one day...
After the next 60 days are up, they can do this to any of us here
as well. It's not the same thing, but the effect is the same. We're
all essentially still without jobs here.
>I guess with Clinton in office, Chances aren't too good the Armory
>will revert to its original use soon...
STCC wants to buy it to build more classrooms. There's more than 7000
students enrolled there now. That's a lot for a community college.
|
92.829 | | TERAPN::PHYLLIS | in the shadow of the moon | Mon Nov 09 1992 19:17 | 12 |
|
Well, welcome to the new world Digital order. We just got our 1993
healthcare options. For a single person with no dependents, John
Hancock just went from $5.52 a week to over $33.
I know up in Mass, HMO is no big deal. But down here it sucks. So,
either you pay through your teeth, or you settle for sub-standard
medical care.
Or you update your resume.
|
92.830 | Hoepfully, things will get better... | CSCMA::M_PECKAR | fast times at Decnet High | Mon Nov 09 1992 19:25 | 1 |
| Stay tuned for major health-care reform in a country near you!
|
92.831 | | CSLALL::HENDERSON | To the bright side of the road | Mon Nov 09 1992 19:25 | 9 |
|
Lots of "emergency" senior level staff meetings going on around here...
Jum
|
92.832 | | SCOONR::GLADU | | Mon Nov 09 1992 19:44 | 1 |
| I thought Hancock went from $5.52/week to $8.05/week for singles?
|
92.833 | Me too | BINKLY::DEMARSE | Walk me out in the morning dew | Mon Nov 09 1992 19:52 | 3 |
| My health plan (Pilgrim) went from $2.69/week to $7.67/week...
:(, danielle_whos_glad_it_didn't_boom_to_$30.00
|
92.834 | Hmmm. | DRINKS::WEISS | Beer -- It does a body good. | Mon Nov 09 1992 19:55 | 17 |
| If I remember correctly, LAST year, JH went up from around 4 bucks
to over 10 (single-dude/dudette - no dependents). That's why I
switched to HMO elect...
Or maybe those prices were for the 100% coverage plan...
It also pisses me off that HMO's don't cover chiropractic (which is
why I have the elect part, and not a straight HMO). Hell, I go to
my chiropractor for Health Maintenance...Isn't what HMO's are supposed
to be all about???? I guess they'd recommend back surgery for me,
instead, and pay for that???? Or maybe they'd just tell me to stop
being a wimp and live with the pain, or to stop skiing, and doing
karate, etc....
C'mon new Pres....Let's stir up that health care industry!!! :-)
Dave
|
92.835 | | TERAPN::PHYLLIS | in the shadow of the moon | Mon Nov 09 1992 20:07 | 6 |
|
> I thought Hancock went from $5.52/week to $8.05/week for singles?
Not here it didn't. :-/
|
92.836 | | GR8FUL::WHITE | See SYS$DISK2:[WHITE.PUBLIC]RESUME.POS | Mon Nov 09 1992 20:43 | 21 |
| Re: <<< Note 92.829 by TERAPN::PHYLLIS "in the shadow of the moon" >>>
> Well, welcome to the new world Digital order. We just got our 1993
> healthcare options. For a single person with no dependents, John
> Hancock just went from $5.52 a week to over $33.
Yep, the open enrollment form I have now shows Digital Medical
Plan 1 @ $27.27/$68.39 single/family and Plan 2 @ $33.46/$83.03.
> I know up in Mass, HMO is no big deal. But down here it sucks. So,
> either you pay through your teeth, or you settle for sub-standard
> medical care.
Do you have the HMO Elect option?
> Or you update your resume.
See my new personal name :-(
Bob
|
92.837 | | ROKFRD::LITTLETON | From the land of Guinness | Tue Nov 10 1992 08:07 | 15 |
| Phyllis - The HMOs here in MA are not that good, at least that is what
my experience is. I still have a messed up finger that I jammed
playing volleyball _Memorial_ Day weekend (Jum's fave w/end :-). I
still can't bend it all the way, and it is still a bit swolen.
the doc says, "just help it bend and the swelling will go down
eventually"....
when i was growing up, my father had bluecross. that was a good
program because we got to pick who we wanted...
thank litigation-happy america for part of that increase!
we can even thank litigation-happy america for high ski lift tickets as
well!
|
92.838 | This recession STINKS! | LJOHUB::GILMORE | It's got WICCABILITY! | Tue Nov 10 1992 11:36 | 20 |
| Insurance? What's that?
I have none. I have an option to buy my own through the temp agency
I work for, but it's over $120 per month for single coverage with a
$200 deductible and only covering 80%. I'm sorry, but I can't waste
my money that way. I'd pay less paying doctors, etc. out of my own
pocket. The only problem is . . . no life insurance. If I were to
die now, noone would get anything (and personally, I'd like to leave
something behind to help my family out)! So, guess I can't die!
Just found out this morning that my boss has another meeting regarding
TFSO tomorrow. Our group was already hit a few months ago, and we lost
2 people. I also found out that my temp position could very well be
in jeapordy (I should know by the end of the week) . . . which is a
first. Of course, she's fearing for her job too.
What a way to start the day . . .
sparky_wondering_if_I_should_call_my_temp_agency!
|
92.839 | PC sale at SHR3 on 11/11 and 11/1 | NECSC::LEVY | | Tue Nov 10 1992 11:59 | 33 |
| Digital is apparently holding a sale of PCs here at SHR3 tomorrow and Thursday.
11/11 - 11am - 4pm?
11/12 - hours???
These appear to be the Tandy PCs that have been replaced by our own "Tiger"
PCs. I believe all equiment is new.
Sample configurations and prices that I saw (this is from memory...please
excuse errors):
DECpc 316 $640.00 320SX $720.00
386 16mhz 386 20mhz
52mb IDE drive 102mb IDE drive
3mb memory 3mb memory
14" VGA monitor 14" VGA monitor
101 key keyboard 101 key keyboard
NO MOUSE NO MOUSE
NO SOFTWARE NO SOFTWARE
Other configurations will be available, but the flyer I saw wasn't specific.
All are "while supplies last".
I do not know what sort of warranty/support is with these nor what is
available for extra cost.
Sales terms are VISA and MASTERCARD *ONLY*.
Check it out!
~dave
|
92.840 | | SCOONR::GLADU | | Tue Nov 10 1992 12:49 | 6 |
| Phyllis/Bob,
Maybe I'm missing something... Where are you getting the $33 cost from?
I'm looking at the fold out page in the Open Enrollment booklet. The
one I'm looking at has the Weekly Costs for Medical Plan 1 as $2.52 for
singles and Plan 2 at $8.05.
|
92.841 | | SCOONR::GLADU | | Tue Nov 10 1992 12:56 | 7 |
| re: PC sale at SHR3
>These appear to be the Tandy PCs that have been replaced by our own "Tiger"
>PCs. I believe all equiment is new.
Yes, I believe that they're phased out Tandys with our name on them
and they are unused.
|
92.842 | :) | BINKLY::DEMARSE | Walk me out in the morning dew | Tue Nov 10 1992 13:07 | 14 |
| re.840::
> Phyllis/Bob,
>
> Maybe I'm missing something... Where are you getting the $33 cost
>from? I'm looking at the fold out page in the Open Enrollment booklet.
>The one I'm looking at has the Weekly Costs for Medical Plan 1 as $2.52
>for singles and Plan 2 at $8.05.
Maybe you are looking at last years. Mine says the same as Phyllis'
and Bob's.
danielle
|
92.843 | | TERAPN::PHYLLIS | in the shadow of the moon | Tue Nov 10 1992 13:10 | 22 |
|
I'm getting my figures from the fold out pages too. Maybe it's
different across the company.
Yes, we have an HMO Elect option, which I will look into. At this
point, it's unclear to us whether we can use any NY HMO for the HMO
Elect option (which includes US Healthcare which is not so bad) or just
HIP (which is a nightmare). If it's just HIP, then it's not a viable
option because you only get 70% coverage even for surgery or
hospitalization or something expensive and dangerous and important if
you use the Elect part, but it's just that something I would never
trust to a HIP doctor...so, can you say catch 22? Right now, personnel
doesn't have all the updated info for us yet (surprise, surprise) and
we're just hoping it gets here before Thursday (when corporate reps
will be here to answer questions.)
I was under the impression that in Mass, many, many doctors were
affiliated with HMO's. Down here it's not like that. Our primary HMO
is HIP which is clinics. Overcrowded, understaffed, impersonal, you're
lucky if you get an appointment in 2 months clinics.
|
92.844 | my brother has to pay his own health ins. | ROKFRD::LITTLETON | From the land of Guinness | Tue Nov 10 1992 13:14 | 8 |
| Sparky - if your position is really needed, i doubt they would
eliminate your job. since you are from a temp agency, the cost to
digital of having you employed is _far_ less then full dec employees
(they have to pay health insurance, etc for full dec emp's)...
perhaps not though...
just some of my reasoning.
|
92.845 | | SCOONR::GLADU | | Tue Nov 10 1992 13:31 | 4 |
| Oddly enough, the cover says 1992. However, the insert and everything
inside says 1993. Last year it went up to $5.52/week. Now it says
$8.05/week. Maybe out here in the hinterlands, insurance is cheaper.
I'll hafta check with personnel.
|
92.846 | | TERAPN::PHYLLIS | in the shadow of the moon | Tue Nov 10 1992 13:39 | 6 |
|
The cost only skyrockets if they give you the HMO Elect option. If
what they consider a viable HMO does not exist in your area, the cost
stays (relatively) low.
|
92.847 | | SCOONR::GLADU | | Tue Nov 10 1992 13:47 | 2 |
| Maybe that's it. The eligible HMO's are all in the Springfield area
and I live about 27 miles away.
|
92.848 | | MONTOR::HANNAN | Beyond description... | Tue Nov 10 1992 16:37 | 13 |
| That's my impression. If HMO Elect is available in your area
then the John Hancock/Digital plan *skyrockets*. If unavailable,
then prices are a lot less.
fwiw, I joined the Fallon HMO, and get exactly the same if not
better care, than when I had the digital plan with JH, for a LOT
and I mean a LOT less money. No deductibles, no owing $1000+
after childbirth, no $750 deductibles with 80% coverage of
only *reasonable and customary* charges.
HMO's around central mass seem a lot better than in NYC phyllis :-/
Ken
|
92.849 | changes to DEC's matching gifts program | SSGV02::GPEACE::Strobel | Jeff Strobel | Tue Nov 10 1992 16:39 | 6 |
| paraphrased from Livewire (i.e. check there for specifics, dammit :-) )
Starting Jan.1, DEC's matching gifts program will $.50 for each dollar you
contribute to any approved non-profit organization/charity. In addition, the
minimum employee contribution to qualify for match funds will go from $15 to
$25.
|
92.850 | | EZRIDR::SIEGEL | The revolution wil not be televised | Tue Nov 10 1992 16:43 | 7 |
| re: HMO's
My HMO (Blue) went from $1.83/week to over $8/week this year. Still an
excellent price considering the state of our insurance industry, but quite a
hit percentage-wise.
adam
|
92.851 | only 55% increase ... a mere pittance !?! | CUPTAY::BAILEY | Certified Ski Destructor | Tue Nov 10 1992 17:22 | 6 |
| Gee I guess I lucked out ... my Fallon (HMO Elect) coverage went from
$2.18 per week to $3.39 per week. Imagine ... only a 55% increase and
I feel lucky compared to some of y'all ... :^(
... Bobbb
|
92.852 | | CSCMA::M_PECKAR | fast times at Decnet High | Tue Nov 10 1992 17:34 | 8 |
|
Funny, I used to pay about $5 per week. Now, Dec is paying me ~$20/week.
Phyllis, get married to another deccie who has family coverage then opt out
like I did.
:-)
|
92.853 | | TERAPN::PHYLLIS | in the shadow of the moon | Tue Nov 10 1992 17:43 | 6 |
|
Oh, I knew there had to be simple solution! Thanks.
:-)
|
92.854 | I should save $1060.80 next year :') | SLOHAN::FIELDS | Better make it through today | Tue Nov 10 1992 19:01 | 8 |
| Well Im switching from CMHC to Fallon....so Im going from $26.52 to
$6.58 a week ! for the Family plan....Bobbbbb why so much ? is this
because you live in Worcester ? in my book Fallon is $0.49 a week for
individual coverage....
I don't get it ? or is there some hidden cost I don't know about ?
Chris
|
92.855 | I'm getting psyched and it's only 354 days away! | LJOHUB::GILMORE | It's got WICCABILITY! | Tue Nov 10 1992 19:39 | 11 |
| >> <<< Note 92.854 by SLOHAN::FIELDS "Better make it through today" >>>
>> -< I should save $1060.80 next year :') >-
:-) All of which he can spend on me!!! ;-) (Actually, on the
wedding, since I've started calling places to have the reception info
sent!!! YIKES! Too much planning to do!)
:) sparky
|
92.856 | it's simple, really ... | CUPTAY::BAILEY | Certified Ski Destructor | Wed Nov 11 1992 10:58 | 10 |
| >> Bobbbbb why so much ? is this
>> because you live in Worcester ? in my book Fallon is $0.49 a week for
>> individual coverage....
Chris, my book says the same thing yours does for the regular HMO ...
I've got the HMO Elect option (check out the columns on the right side
of the fold-out page).
... Bobbb
|
92.857 | | CSCMA::M_PECKAR | fast times at Decnet High | Wed Nov 11 1992 12:22 | 9 |
| > I don't get it ? or is there some hidden cost I don't know about ?
Mostly the hidden cost is in level of service. If you don't get sick, its a
great deal. If you don't mind waiting in line for an hour to get a prescription
filled, or waiting 6 months to see a specialist, then its not such a great
deal...
Fog_who_has_few_nits_to_pick_with_Foulup_Clinic.
|
92.858 | I like Fallon ... | CUPTAY::BAILEY | Certified Ski Destructor | Wed Nov 11 1992 12:33 | 7 |
| Gee Fog, I never had any problems with Fallon ... but then again, I
haven't been all that sick since joining them either. But I will say
that I think my doctor is great, and the few times I've gone to see him
the level of service was as good as I've had anywhere else.
... Bobbb
|
92.859 | | MRNGDU::YETTO | the future is here | Wed Nov 11 1992 12:40 | 11 |
92.860 | more major changes at DEC | DEMING::CLARK | I Was Warned | Wed Nov 11 1992 13:27 | 4 |
| on a more work-related subject, David Stone's resignation was just
announced on LIVEWIRE. I'm a little stunned; he was the other guy
rumored to take over after KO left and was in charge of all
software engineering (or most of it). I wonder what BP will do?
|
92.861 | David Stone is leaving DEC for AT&T | NECSC::LEVY | | Wed Nov 11 1992 13:36 | 47 |
| From: CSCMA::SPEZKO::LEMIEUX "11-Nov-1992 0958" 11-NOV-1992 09:59:01.94
To: CSCMA::CAULFIELD,CSCMA::DWORSACK,CSCMA::LEVY
CC:
Subj: FWD: I: Confirmation, David Stone is leaving Digital!
From: SPEZKO::BELFORTI "M-L or Mary-Lynn 11-Nov-1992 0950" 11-NOV-1992
09:51:28.60
To: @BOBH,BARBARA,FRANK,BOBO,PETE,SHERPA,JIM,SHERYL,ANGEL,JACKIE,GEORGE
CC: BELFORTI
Subj: I: Confirmation, David Stone is leaving Digital!
From: SPEZKO::A_FRASER "Andy Fraser|DPSE&SD|ZKO1-1/C8|381-2570 11-Nov-1992
0946" 11-NOV-1992 09:47:12.40
To: M-L
CC:
Subj: David Stone is departing
From: SPEZKO::A_FRASER "Andy Fraser|DPSE&SD|ZKO1-1/C8|381-2570"
11-NOV-1992 09:46:21.24
To: SANDY
CC: A_FRASER
Subj: Stone's gone...
From: LESLIE::leslie "andy leslie" 11-NOV-1992 09:37:00.73
To: leslie::info
CC: vaxwrk::harney
Subj: it's no rumour, Davis Stone is leaving DEC - I mailed him and asked
Return-Path: asics::memit::d_stone
Date: Wed, 11 Nov 1992 14:13:53 GMT
From: asics::memit::d_stone (11-Nov-1992 0913)
To: asics::leslie
Cc: D_STONE
Subject: RE: rumour control
Andy -
Thanks for the note. As of 9:00 Am today, Bill Strecker will announce
that I am leaving Digital to be President of the Operations Systems
division of AT+T. I appreciate your interest in confirming/denying the
rumors.
David
|
92.862 | More on Stone leaving | MR4DEC::WENTZELL | Just a little sweetness | Wed Nov 11 1992 13:41 | 28 |
| [from Livewire I think]
Digital announces resignation of David Stone;
Dennis Roberson to head Software Engineering Group
Digital today announced that David Stone, vice president of Software
Engineering, has accepted a position as president of AT&T's Operations
Systems Business Unit in Montvale, N.J. and will be leaving Digital
effective Friday, Nov. 13, 1992 after 22 years with the company.
Dennis Roberson, vice president, Corporate Software, will be assuming
responsibility for the Software Engineering Group effective with David's
departure. Dennis joined Digital in 1988. His responsibilities involved
providing software and associated support requirements for Digital's largest
customers. He spent 17 years at IBM prior to Digital. While there, he held
a variety of technical, managerial and executive positions. Dennis holds a
BSSE and a BS Physics degree from Washington State University and an MSSE
from Stanford. He currently serves as a member of the Open Software
Foundation's (OSF) Board of Directors.
"David has made many contributions to Digital's success during his years here
and we wish him well," said Bill Strecker, vice president, Engineering. "I
appreciate Dennis' willingness to accept this leadership role during this
time of transition for the company and within the engineering community.
His experience and knowledge will be valuable in carrying through the
work David began in restructuring and downsizing our software organization
and implementing Digital's software strategy for the future. Please give
Dennis your full support and cooperation as he continues to develop Digital's
software strategy and plans."
|
92.863 | a Stone's throw ? | CIVIC::ROBERTS | a blinding flash o'the obvious | Wed Nov 11 1992 15:00 | 3 |
|
I couldn't resist
|
92.864 | Some frightful numbers | LJOHUB::GILMORE | It's got WICCABILITY! | Wed Nov 11 1992 16:23 | 43 |
| Forwarded message follows:
------------------------------------------------------------------------
From: CVG::CIARALDI "Pete Ciaraldi DTN: 285-2308 NIO/B2." Date: 11-Nov-92
11:04 AM
To: @US
Subject: bad news fyi
From: FENRYS::AJC "Tony Casamento" 11-NOV-1992 11:02:51.67
Subj: i - Still more information on "Right Sizing"
Folks,
In addition to the note you've probably all seen on David Stone's resignation
(he's going to AT&T) I thought you might be interested to know that 1800 folks
got tapped yesterday afternoon up in ZKO. They comprise the software
applications folks (eg. DECwrite, DECpresent, DECchart, etc.). I gather that
they have been given until 07.DEC.92 to find someplace to be (some of them may
be extended to provide maintenance of the existing software).
Add this to the closure of WSL (and the possible loss of all the Xmedia level
software like DECspin) and it's a VERY weird picture.
I know that Strecker has publicly acknowledged Stone's resignation, but I do
not know if the WSL or ZKO down-sizing is public yet (how private can you be
when you let 1800 people go?).
Best of luck to you all.
Thanx,
AJ
**********************************************************************
* AJ Casamento "The question is not whether or *
* Digital's TRI/ADD Program not the opinions are mine; but *
* 529 Bryant Ave. PAG-2 rather, which of my personalities *
* Palo Alto, CA 94301-1616 do they belong to?" *
* 415.617.3460 *
* ajc@pa.dec.com *
**********************************************************************
|
92.865 | Scary, indeed... | TAGGRT::LITTLETON | From the land of Guinness | Wed Nov 11 1992 16:34 | 1 |
| I heard 22% cut for all of TNSG... that be better then 1 in 5!
|
92.866 | | VERGA::STANLEY | what a long strange trip it's been | Wed Nov 11 1992 18:02 | 1 |
| My group is hearing 30%.... getting ready to hit the road myself.
|
92.867 | | CUPTAY::BAILEY | Certified Ski Destructor | Wed Nov 11 1992 18:35 | 9 |
| I just left a meeting where Dennis Roberson was speaking. He was asked
about this rumor, and said it ain't so. He did say that TNSG will be
experiencing deep cuts, and that as many as 1,000 employees from the
organization will lose their jobs between now and the end of the
calendar year, but nothing's been announced yet in terms of who it will
be or from what parts of the organization.
... Bobbb
|
92.868 | | MR4DEC::WENTZELL | Just a little sweetness | Wed Nov 11 1992 19:32 | 6 |
| I did some customer functions during DECWORLD with Dennis Roberson last year
and I think he'll be good - he's good with customers and he knows his stuff.
FWIW...
Scott
|
92.869 | diff perspective here, from my point-of-view | ROKFRD::LITTLETON | From the land of Guinness | Thu Nov 12 1992 08:41 | 7 |
| It is really wierd being a US employee and being here in Ireland. It is amazing
how much I feel separated from the crap at home when I'm here. Moral at home
is much, much worse then here. People still seem to be happy, regardless of
what they are hearing. Perhaps they've been assured that no hit will occur,
i don't know. very strange; doesn't make me look forward to coming home much.
digital in the US (especially new england) is not a fun place to work anymore
:-( ...
|
92.870 | | NAC::TRAMP::GRADY | Short arms, and deep pockets... | Thu Nov 12 1992 11:55 | 23 |
| Our manager told us on Tuesday that NaC is expecting a
15% across the board cut in staffing. Don't know if it'll
effect me, yet. Selection is based on a.) last two
performance reviews, b.) service (seniority?) and c.)
critical needs of the project. Projects are definitely
getting cancelled, although I doubt mine will be.
On a different note: yesterday I had one of those eerie
experiences that come along once in awhile. It probably
seems routine to many, but for the first time in my 13.5
years with the company, I set foot in the Mill. I kept
expecting KO to walk around a corner (I don't know why,
I doubt he's around anymore). What a strange place it is!
I think I set some kind of record for number of years as
an employee without ever going in the Building 3 main
entrance. Been across the street (at the Bull) lots more
often! ;-)
Sigh.
tim
|
92.871 | | MR4DEC::WENTZELL | Just a little sweetness | Thu Nov 12 1992 12:15 | 8 |
|
KO still has an office but it is being (has been?) moved from the Mill to Stow.
When I first joined the company I got to go on a tour of the Mill, very
interesting. We even got to go up in the clocktower and see all the names
signed on the walls in there(they don't let people dothat anymore). Larry
Bird's name was there, and the tour guide said he actually wrote it though I
don't know if I believe it.
|
92.872 | thanks for the memories..... | SLOHAN::FIELDS | Better make it through today | Thu Nov 12 1992 12:27 | 3 |
| when I 1st came to DEC I worked in 3-6 for @2 years....the 1st day it
took me almost 40 minutes to find my way from lower Thompson st parking
lot to my desk !
|
92.873 | | CXDOCS::BARNES | | Thu Nov 12 1992 12:44 | 4 |
| I've worked for DEC for 16 years and never been to Mass...or N. Eng in
general!
rfb..Mill???
|
92.874 | | SCOONR::GLADU | | Thu Nov 12 1992 13:28 | 4 |
| Who's the comedian who keeps picking historically tragic dates for layoffs?
The folks at ZKO who got tapped have until Pearl Harbor Day and we were
notified of our closing here on 10/29/1992 - a permutation of Black Friday,
10/29/1929.
|
92.875 | I remember reading about this one ... | CUPTAY::BAILEY | Certified Ski Destructor | Thu Nov 12 1992 13:33 | 9 |
| >> signed on the walls in there(they don't let people dothat anymore).
>> Larry Bird's name was there, and the tour guide said he actually
>> wrote it though I don't know if I believe it.
Believe it ... L.B. was at the Mill to shoot a commercial a few years
ago.
... Bobbb
|
92.876 | More on Fallon. | CSCMA::M_PECKAR | fast times at Decnet High | Thu Nov 12 1992 14:23 | 6 |
|
I must admit, that while in one dept. at Fallon I've had bad experiences, in
another they've been great. Their pediatic and OB care was first rate from the
day we knew Rache was pregnant right up to the seventh unnecessary visit to
make sure Charlie-o wasn't sick; they even offer midwifery services and are the
only HMO around that does. Its still a grist mill, nonetheless, though.
|
92.877 | | EZRIDR::SIEGEL | The revolution wil not be televised | Thu Nov 12 1992 16:39 | 14 |
| Tim,
I got a letter from Ralph Dormitzer yesterday saying that there will be
"considered downsizing" in LENAC by the end of the month, and lasting until
early Decmeber. I don't know if he meant to say "considerable downsizing", or
he just meant they thought about it a lot! He also mentioned that he would
talk with our counterparts in NAC to make sure work is balanced (since we're
supposedly merging soon).
Scary stuff, but fortunately I think the strategic product I'm working on now,
and the one I just finished, will keep me alive around here. (fingers crossed,
I was transitioned once before).
adam
|
92.878 | see how I love to clean filthy cat boxes! | VMPIRE::CLARK | leave your stepping stones behind | Thu Nov 12 1992 17:04 | 8 |
| Anyone got a happy helmet that I could borrow? I want to be a happy
camper.
0 0
^
\_/
-dc
|
92.879 | That's when I first met Bob White! | LJOHUB::GILMORE | Shame on the Moon | Thu Nov 12 1992 17:48 | 7 |
| >> <<< Note 92.877 by EZRIDR::SIEGEL "The revolution wil not be televised" >>>
>> I got a letter from Ralph Dormitzer yesterday saying that there will be
^^^^^^^^^^^^^^
Totally off the subject, but I worked for him @3-4 years ago!
;-)sparky
|
92.880 | | TLE::ABBOT | No more years | Thu Nov 12 1992 20:02 | 7 |
| No, but I'll let you wear my motorcycle helmet if you clean my cat box.
BTW, if anyone wants their own personal copy of the Happy Happy Joy Joy
song it's been in the Dr Demento funny 5 for quite a while.
Scott
|
92.881 | | ROKFRD::LITTLETON | From the land of Guinness | Fri Nov 13 1992 08:33 | 22 |
| re: layoffs
The way I've heard the selection process is something like this. Each person
in a dept. will be "laddered". Once this process has occurred, _you_ can
ask your manager what your chances are, although I rather doubt they'll tell
you your rank - just your "chance" of survival.
This is the laddering criteria (from memory, %ages might be off - I have it
somewhere in my office 3000 miles away from here):
50% - past performance reviews. if you got 1s and/or 2s, you're grand.
25% - future expected contribution to the company (you have people that
are going places, and you have some that are just kickin' back)
25% - impact to the current project if you were be let go.
Not sure every dept. determines a precise rank - who is #1, #2, etc. But,
they groups, like the top 50%, top 75%, top 85%, etc... (this is starting
to push my knowledge of this dreadful process)...
you get the picture. basically, if you're a performer, you stay;
|
92.882 | | SCOONR::GLADU | | Fri Nov 13 1992 11:34 | 13 |
| re: Note 92.881 by ROKFRD::LITTLETON
>you get the picture. basically, if you're a performer, you stay;
Un-huh. Yeah right. Last year when I got selected for layoffs
(before they hired me back) I was one of the most consistant
high performers in the group, had the only revenue-producing
projects in the group and 12 years seniority. I ended up getting
selected. Why? I don't suppose being the only single person had
anything to do with it. Plus I never keesed any butt. Don't rule
out intangibles.
been_thru_this_before_G
|
92.883 | | MR4DEC::WENTZELL | Just a little sweetness | Fri Nov 13 1992 12:07 | 8 |
| I have to agree with ya Ger, I've seen people with excellent performance
ratings get tapped. As an example, my uncle got laid off after producing $6
million of revenue last year almost singlehandedly. There are three main
factors IMO in determining who gets laid off: politics, politics, and politics.
And even if I'm wrong, I'm not the only one around here who feel this way and
that in itself is a problem.
Scott
|
92.884 | BS | SALES::GKELLER | Trickled-on economics | Fri Nov 13 1992 12:36 | 7 |
| I have to agree with Scott and Gerry on this one. I know a couple of
people who were excellent performers (2's all along) one actually went to
Circle Of Excellence and then got layed off less than 2 weeks later.
It's not who you know it's who you...
Geoff
|
92.885 | | LJOHUB::RILEY | Namer of chaotic individuals everywhere! | Fri Nov 13 1992 12:47 | 33 |
|
Hey folks, let me give you my perspective on this (I've never been shy
before, why start now?) I'm talking about SOftware Engineering and the
current laddering procees JC mentioned. I think it applies to other
groups' transition processes as well.
The method is designed to be objective, there are very tangible metrics
and processes designed to achieve the objectives in downsizing. This
is goodness.
The objective process is executed by subjective managers. When people
get involved in actually making the decisions, things can get
corrupted, politics comes into play, some managers will adhere to their
morals and play by the rules by staying objective, others are
"survivors" and think nothing of manipulating the metrics and
artificially boosting the performance ratings of their employees.
When all is said and done, the result is often way off target with
respect to the original objectives, and everyone learns a little more
about themselves for better or worse.
During a recent one-on-one my manager and I were discussing the
"laddering" and I asked him what his assessment of my chances were, he
candidly told me but stated that he couldn't make any commitments as to
my future. I believe that my manager will be one of the ones to stick
to his morals and play by the rules. Frankly, I'm glad he will,
otherwise our group would be contributing to many of the problems that
have gotten DEC into this situation in the first place.
I believe that if you are in touch with yourself, truly the best will
be the outcome. A little idealistic perhaps, but it works for me.
Tree
|
92.886 | laddering still has a lot of value, IMO | TAGGRT::LITTLETON | From the land of Guinness | Fri Nov 13 1992 13:50 | 10 |
| Hey, I'm just telling it like I was told. Yes there is politics involved,
you can't help that in this politics free-for-all company. I certainly
think that your mgr has to go to bat for you. If you treat your mgr like
dog shit, you should expect to get the same in return (not saying anyone is
doing this, just making a statement), despite your potential. This is
natural human instinct. I've learned
that if you want to stay in the game at this company, you gotta understand
the mess and play their game. It's just like driving in the USA: if you
want to drive, play by the rules or eventually, the system will zap you
(thinking of speeding). Sad, but folks, that's reality, plan and simple.
|
92.887 | | CSCMA::M_PECKAR | fast times at Decnet High | Fri Nov 13 1992 17:08 | 11 |
|
Management isn't necessarily being given numbers of heads to chop, they may
be given numbers of dollars to cut, I think. At least in some organizations.
Good performers unfortunately mean more bucks in the budget, and so to some
managers its makes sense to kill the mothers in order to save the babies.
Digital can no longer coddle its champions, geniuses, and heros; that central
part of Digital's culture is going to have to go the same route as proprietory
systems must. Wake up and smell the unemployment checks, its no use whining
about what's fair and what's not: this isn't a democracy or somehtin'..
|
92.888 | | TERAPN::PHYLLIS | in the shadow of the moon | Fri Nov 13 1992 17:14 | 5 |
|
There will be 8000 people laid off by the end of this quarter. Bound to
be a good performer or two in that amount.
|
92.889 | I've got a job to do . . . | LJOHUB::GILMORE | Shame on the Moon | Fri Nov 13 1992 17:49 | 13 |
| > <<< Note 92.887 by CSCMA::M_PECKAR "fast times at Decnet High" >>>
> Good performers unfortunately mean more bucks in the budget, and so to some
> managers its makes sense to kill the mothers in order to save the babies.
I don't see why this would make sense. Good performers save time.
Time = money. In any good business, efficiency is key to its
success (along with timliness).
I've seen this for five years on and off: too many people who
don't know how to do their jobs, so they don't do them.
sparky
|
92.890 | | LJOHUB::RILEY | Namer of chaotic individuals everywhere! | Fri Nov 13 1992 18:15 | 34 |
|
In talking to my manager, and his, I got the indication that in many
lay-offs in the past and including this one, management is not clear in
what 20% means...
Is it 20% of the headcount?
Is it 20% of the budget?
Is it 20% of the run rate?
These fundamental questions are never answered, and don't take my word
for it, go and ask your own manager about which it is based on. I'll
bet they don't know.
There is a big difference in the three alternatives shown above, and
Fog's point about seniority and performance (not necessarily
relational, but both indicate higher salary) is greatly affected by
what the answer actually is.
Sparky, regarding not making sense to keep "babies" like myself (three
years with DEC, and first job out of school) around. Oh contraire!
This company pays me less in salary then (my guess is) 95% of the
employees doing my same job. Also, DEC has invested 10's of thousands
of dollars (if not over a 100 thousand) on my development in those past
three years. Is it wise to throw that investment out the window by
axing people in my position?
Who's here after the fallout to provide new blood?
So there are many facets to this thing...
Tree
|
92.891 | | TERAPN::PHYLLIS | in the shadow of the moon | Fri Nov 13 1992 18:17 | 7 |
|
around here I think it used to be 20% of the budget and now it's 20% of
the headcount (i.e. it doesn't count to get rid of open slots)
I'm not really sure about that, though..
|
92.892 | | LEDS::YETTO | discover the wonders of nature | Fri Nov 13 1992 18:26 | 16 |
92.893 | Uh oh, you misunderstood! | LJOHUB::GILMORE | Shame on the Moon | Fri Nov 13 1992 18:41 | 9 |
| >> Sparky, regarding not making sense to keep "babies" like myself (three
>> years with DEC, and first job out of school) around. Oh contraire!
Tree, read my note again (.889?) I said "Good Performers" . . .
I didn't specify whether they be mothers or babies. I've seen 15 year
veterans of this place sitting around playing card games all day.
sparky
|
92.894 | | ROCK::CAMPR::FROMM | There is no way to peace;peace is the way. | Fri Nov 13 1992 19:13 | 7 |
| > yet in my experiences working all throughout the company
> I have met less than a handful of engineers younger than I (and all
> are in this file!).
well, it seems obvious that Digital has decided to only hire Deadheads ;^)
/rich
|
92.895 | Opinion: Take of the top performers | LESPE::WHITE | See SYS$DISK2:[WHITE.PUBLIC]RESUME.POS | Sun Nov 15 1992 22:35 | 25 |
| Re: <<< Note 92.887 by CSCMA::M_PECKAR "fast times at Decnet High" >>>
> Digital can no longer coddle its champions, geniuses, and heros; that
> central part of Digital's culture is going to have to go the same route
> as proprietory systems must.
I disagree - strongly. The Company must take take of its
highest and best performers - or they are history. There are
companies out there that recognize good talent and go after it.
They make it worth one's while to move.
Not to break my arm patting myself on the back, but... I called
my favorite headhunter lately. He specializes in top notch
power supply and power analog engineers. I asked him what was
happening out there. He said he a box full of resumes and no
where to send them. I thanked him, told him I was just checking,
and that I had not one, but two companies, who were calling me
directly and asking me to come work for them.
That's all I'll say for now ... except that the weather in
Dallas the past few days was wonderful. Clear, sunny,
and 60's-70's...
Bob
|
92.896 | | MONTOR::HANNAN | Beyond description... | Mon Nov 16 1992 11:36 | 5 |
| The 20% I assume comes from the Palmer statements around
getting down to 80-85K employees from the current 102K or so
with in the year. That's about 20%+.
Ken
|
92.897 | | NECSC::LEVY | | Mon Nov 16 1992 12:19 | 38 |
| <forwards deleted>
From: NAME: BILL STRECKER
FUNC: VP Engineering
TEL: 223-3726 <STRECKER.BILL AT A1 at CORA @ CORE>
To: See Below
*PLEASE INCORPORATE THIS MESSAGE IN YOUR ORGANIZATION COMMUNICATION*
I would like to update you on additional changes in Engineering since
my last memo on October 23rd. At that time, I announced a new
structure for the Engineering organization and the people who have
been chosen to lead different segments of it.
In the past two months we have been working to align Engineering
efforts with the needs of the Customer Business Units defined by Bob
Palmer and his team. The rationalization and consolidation of
projects and products--for both hardware and software--has resulted
in the clear need to reduce the number of people in the Engineering
organization by 15% to 20%.
This figure applies to Engineering as a whole and does not
necessarily affect every group to the same degree. The specific cuts
will be determined by my direct reports and their respective staffs.
You will hear more details from them in the near future. I want to
assure you, however, we will do all we can to make our downsizing
process as fair, consistent, and respectful of individual dignity as
possible.
I wish the news were more encouraging. This memo could never convey
my sadness at the loss of friends and co-workers represented by these
reductions. I know we have the strength to support one another
during these difficult times.
To Distribution List:
(deleted)
|
92.898 | | ZENDIA::FERGUSON | Roll me away | Mon Nov 16 1992 13:30 | 24 |
| Re: <<< Note 92.887 by CSCMA::M_PECKAR "fast times at Decnet High" >>>
> Digital can no longer coddle its champions, geniuses, and heros; that
> central part of Digital's culture is going to have to go the same route
> as proprietory systems must.
I have to disagree here too mon. If you are a manager, you have to cut
2 people from your team of 8, and you know the future of your job is based
on the success of the engineering team, wouldn't you let go the two who
do not perform the best? I've seen some people do the work of 2, and sometimes
pushing _3_ engineers. And believe me, those people are taken care of when
raise time comes around. I'd find it hard to believe that a mgr is going
to dump someone that performs the work of 2 in any situation.
Digital is stupid to let go the high performers. They'll just take the 20 or
so thousand dollars in layoff money, take 4 weeks off, and get a job making
$10k more...
re: young blood
In my 5.5 years at DEC, I've been the youngest person in group for much more
then half this time. Right now, in my group, I'm the youngest... would be
nice to have some fresh blood here.
|
92.899 | | SUBPAC::MAGGARD | WashaUffitze & drive me to Firenze | Tue Nov 17 1992 02:26 | 13 |
92.900 | | MRNGDU::YETTO | the future is here | Tue Nov 17 1992 13:52 | 6 |
|
I don't think the state of this company can be blamed on a few people and/or
thier decisions. It is rooted in a whole circle of events whose center is the
recession which is out of the control of DEC Management.
|
92.901 | Alpha FRS | NAC::TRAMP::GRADY | Short arms, and deep pockets... | Tue Nov 17 1992 14:05 | 9 |
| I don't know if this is still news, but I got a memo this
morning forwarding the announcement of the first revenue
ship of the Flamingo (the tower Alpha) from Ayer,
Scotland, on Friday the 13th.
Nice to see it going out the door, even if it was on
Friday the 13th...
tim
|
92.902 | Ship it! | MAST::DUTTON | Inspiration, move me brightly... | Tue Nov 17 1992 19:52 | 6 |
| re: .901
I'm glad to see Flamingo ship too. Now I can get reaquainted
with my wife. :)
Todd_who_designed_the_CPU_card
|
92.903 | healthcare reimbursemnet | SELL3::ROBERTS | a blinding flash o'the obvious | Wed Nov 18 1992 15:45 | 9 |
|
Has anyone signed up for the reimbursement option during health care
sign up? I'm trying to find what meets the criteria for reimbursable
and of course I missed the infosession held here at MKO1. it is
supposed to be on line somewhere but darned if I can find it.
and don't ask me to call my PSA .... they don't know either !!!!
c
|
92.904 | I use it . | DRINKS::WEISS | Beer -- It does a body good. | Wed Nov 18 1992 16:13 | 12 |
| Hi Carol.
I do the re-imbursement thang...
They give you money for health care costs are not covered by your insurance.
So that includes co-payments and deductibles, and there is other stuff, too,
but I'm not sure about those things...
type VTX BENEFITS_US at DCL then choose menu item 1, then menu item 5, and it
has the info in there...
Dave
|
92.905 | | VERGA::STANLEY | what a long strange trip it's been | Wed Nov 18 1992 16:47 | 2 |
| I do that, Carol. Dave covers me under his policy and I get reimbursed
in my check the amount I'd pay for insurance.
|
92.906 | | ZENDIA::FERGUSON | Roll me away | Wed Nov 18 1992 16:52 | 25 |
| carol -
i read this last night, pretty quickly, so i might not have it totally
correct. basically, you can take anywhere from $5-$40 per week out of
your check, PRE-TAX (!!), and put it in this account. then, anything you
pay for your healthcare (if you have an HMO, the $3 copayment would be
claimable, for example) you can have it paid by your account. you can
only use what you have in the account at the time of your claim - that is,
if you have a $50 bill and all you have is $40 in the account, you can only
use $40 and the remaining $10 comes from your bank. this option lowers
your tax obligation to the gov't, which is good.
BUT...
Say you contribute $10/week. that is $520 a year.
Say you have only $400 in healthcare costs to you in that year.
You _DO NOT_ get the $120 back - you basically forfiet it to the
gov't. this is the only downer, so when you choose you contribution,
do so conservatively.
this mnight not be all right... but, it is the jist.
jc
|
92.907 | | TERAPN::PHYLLIS | in the shadow of the moon | Wed Nov 18 1992 18:39 | 32 |
|
that's mostly right, JC. What's not right is the amount you can
potentially use. If you sign up for $5 a week that'll be $260 by the
end of the year, right? Well, if in February, you get a $250 uncovered
health care bill, you CAN withdraw all $250 from your healthcare
reimbursement account, even thought it's not really there yet. Then
for the rest of the year, you'll keep making your $5 deposits, but
there'll only be a total of $10 more available to you all year.
The most important part to remember, is, as JC said, that if you don't
use it - you lose it.
Other examples of what people use these accounts for are chiropractors
(currently uncovered by most HMOs) and eyeglasses (currently covered
for very small percentage of cost)
Just to bring you up to date on our health care from hell choices here
in NYC: we've been having meetings with the HMO reps and personnel
reps. I went to the first one last week and came away feeling much
calmer and happier about our options, convinced I would use HMO Elect
and it wouldn't be so bad. That feeling lasted about 1 day. We then
found out that MANY of the things we had been told by the HMO reps were
COMPLETELY WRONG. Folks called the HMO directly and were given
opposite answers to the same questions. Really unbelievable crap.
Next week we're having another, special, section in a nearby facility
with a large conference room, and they've invited an HMO doctor who
will be better equipped to answer the questions (supposedly). It's
really a mess - people are freaking out about it all over the building.
As if we don't have enough here to be stressed out about already,
right? :-/
|
92.908 | Health Care Reimbursement Account | BOOKIE::BOOS | | Wed Nov 18 1992 22:23 | 19 |
| About that Health Care Reimbursement Account:
I put a lot of money into my HCR account this year
because I was planning to get a lot of dental work done.
Digital's dental plan only covers $1000/year, so anything
more comes out of your own pocket. My additional dental fees
amounted to over $2000 this year (sheesh -- dental work is
expensive!). With the HCR Account, you don't save a whole lot
of money, just the amount you would have been taxed on if that
were considered a part of your taxable income. So if your
normal medical fees only amount to a hundred-or-so dollars,
you won't see any significant savings.
An option you can sign up for is Automatic Reimbursement, which I
find convenient. This way, they automatically reimburse you
when you file the insurance claim. Otherwise you have to submit a
separate claim in order to get the money out of your HCR account.
-Helen
|
92.909 | depending on your taxation level | ZENDIA::FERGUSON | Roll me away | Thu Nov 19 1992 12:18 | 4 |
| re: savings on that thing.
if that is both MA and Fed tax free dollars, then you're saving about
35 cents on the dollar... which ain't that bad....
|
92.910 | | TLE::ABBOT | No more years | Thu Nov 19 1992 20:10 | 17 |
| So is anyone *not* worried about losing their job?
Around here, even if you're not on a cancelled project you're still at
risk. It's really screwing me and my project leader up because we
really need the first few weeks of December to ready my documents for
production. If I'm not here the DEC Fortran manuals are in big
trouble. What they want to do is swap the "more talented" people from
the canned projects with the "less talented" on established projects.
They think this will be smooth - ever thought there is a learning
curve? Plus they don't plan to tell you if you're at risk.
If I was in the habit of biting my nails I'd have bitten them all off
now. But all I've done is eat a big bag of candy corn and I don't
really like the stuff.
Scott
|
92.911 | | CXDOCS::BARNES | | Thu Nov 19 1992 20:25 | 4 |
| Scott --
do you work for CUIP?
rfb
|
92.912 | | SCOONR::GLADU | | Fri Nov 20 1992 12:11 | 27 |
| re: Note 92.910 by TLE::ABBOT
>So is anyone *not* worried about losing their job?
Well, I'm not worried anymore. But then again that's cuz I already got
my termination notice, as did everyone else here at SPO. I'll be here
at least 60 days and maybe as long as April. I don't know my final date
yet but, given a choice, I'm hoping for march or april.
No plans to seek work at dec. Gonna take my 6 months severance pay, use
$1500 to buy 6 months worth of backpacking food and hike the AT from Georgia
to Maine. Where else can you take a 6 month vacation for $1500? :-) I'll
put the rest in the bank for when I get back. I can't collect unemployement
for 6 months anyways, so what the heck.
I'm spending my worktime here taking self-paced networking courses and
I'm trying to become a certified Netware (tm) engineer before I leave.
So I'll have that in addition to 13 years worth of experience here. I
have absolutely no doubt I can make much more money on the outside. The
only regret is that I lose 4 weeks vacay every year. :-(
I have no bills, no loans, no credit cards and no mortgage to pay
whatsoever. I don't owe a dime. I payed everything off last year
when I notified of getting layed off (but got hired back). So it'll
be easy for me to just pick up and go whevever I damn well please.
Anyways, it's a plan. Somewhat hairbrained, but a plan.
|
92.913 | Nobody is really safe, even if you can walk on H2O | ZENDIA::FERGUSON | Roll me away | Fri Nov 20 1992 12:18 | 35 |
| re <<< Note 92.910 by TLE::ABBOT "No more years" >>>
> So is anyone *not* worried about losing their job?
I believe that I will survive the TNSG 20% hit for this round. Based on
my understanding of the system, I'm in good shape.
Basically, this is how they are going to do it:
Projects are going to be cancelled outright - no more trimming the team
down to the point where failure is in the future. Everyone, including managers,
secretaries, engineers, etc. is going to be laddered based on your last 2
reviews, your impact to the project, and your potential contribution to
Digital in the future. Less so is your years of service. They will cancel
some projects; on the projects that survive, the people at the bottom
of the ladder will be TFSOed. Those positions will be filled by the high
performers from the cancelled projects.
Everyone is walking around here scared, especially those who have a family
to support. makes it hard for everyone to deal when the secret of your
future is not being told to you.
scott - you should be able to ask your mgr where you stand on the ladder. not
sure you'll get an exact position, but certainly something that says something
about your chances of survival. I asked, and got an answer, as did other
folks in my group. perhaps they do this differently in other groups, don't
know.
fasten your safety belts.
this is going to be messy, sad, and scary. :-(
good luck to all,
jc
|
92.914 | Only slightly nervous... | NAC::TRAMP::GRADY | Short arms, and deep pockets... | Fri Nov 20 1992 12:34 | 21 |
| GerG, IMHO that doesn't sound the slightest bit hairbrained.
I wish I could do something that freely.
Since I'm about to buy a new house, I'll probably ask my
management where I stand on the ladder. I think I'm ok,
though, so I don't worry too much. There's also a lot of
demand in the market for people working on the stuff I'm
doing (SNMP network management), so I'm not too nervous if
I get bagged - like GerG, I've got six months to look.
Unless everybody else in my group got a 1 on their last
review, and the three people we're borrowing from other
groups to help with our workload don't count, then I may
have something to worry about, but I don't think so.
We've added about eight new people since I started in the
group last January, not counting the loaners. It would
be a shame if I did get the tap, though. I can't
remember enjoying a job this much in all 15 years I've
been working.
tim
|
92.915 | | TERAPN::PHYLLIS | in the shadow of the moon | Fri Nov 20 1992 12:54 | 12 |
|
Sounds great to me too, Ger! Six whole months of being the one to mail
postcards instead of to receive them! :-)
Although I think I'll probably make this pass, things are still very
shaky here too. All our management is changing which is a good thing,
but when the new guy finally gets hired it's always possible that he'll
want to bring in some of his own people, so noone will really feel safe
for quite a while. At this point though, that's normal. I don't think
I remember what it feels like to feel safe at work. ;-/
|
92.916 | | CXDOCS::BARNES | | Fri Nov 20 1992 12:57 | 4 |
| RE: Ger and "I don't owe a dime"
you owe me tapes. %^)
rfb
|
92.917 | | SCOONR::GLADU | | Fri Nov 20 1992 13:02 | 7 |
| re: Note 92.915 by TERAPN::PHYLLIS
>Sounds great to me too, Ger! Six whole months of being the one to mail
>postcards instead of to receive them! :-)
Hey, I can receive post cards too, just got to mail them ahead of me. :-)
Not to mention care packages. ;-)
|
92.918 | I owe *everbody* tapes | SCOONR::GLADU | | Fri Nov 20 1992 13:04 | 6 |
| > you owe me tapes. %^)
Gee, I sure hope I remember to dub those Denver shows when
I'm in Tempe. :-)
|
92.919 | | CSLALL::HENDERSON | Workle while you whist | Fri Nov 20 1992 13:07 | 12 |
|
I feel safer today than I did last week..but one can't feel to safe. I'm
packing up my office to move about 20ft to the right. And will probably move
again in another month. I've lost count how many times I've moved in this
building.
Jum
|
92.920 | | TLE::ABBOT | No more years | Fri Nov 20 1992 13:30 | 13 |
| When they did the ladder last spring I was new to the group, so they
didn't have much to rate me on. I was 9th from the bottom. 6 people
went in the last round. There's about 25 in total on the ladder,
including management. They say they've "tweaked" the ladder for this
round, but I don't know by how much. It would be nice to not have to
worry. There's lots of people around that say "I don't really care if
I lose my job", unfortunately they'll most likely be the last to go.
NH unemployment is $188 a week max, before taxes. That won't even pay
my rent.
Scott
|
92.921 | So, is that why sdo many deadheads are so smelly? | CSCMA::M_PECKAR | fast times at Decnet High | Fri Nov 20 1992 13:45 | 6 |
|
Ger, if ya plan yer route right, you should be able to ketch a few spring toor
shows, too. Hmm, wunder if dead base lists hiking distance from the AT to all
the east-coast venues????
:-)
|
92.922 | no big deal | SCOONR::GLADU | | Fri Nov 20 1992 14:15 | 12 |
| heck, if I plan it right it's better than that!
Kickoff the hike with a few shows down south (eg, Atlanta, Greensbor).
By the time I hit VA/PA, it'll be summer tour (eg, RFK, Pittsburgh). By
the time I hit New England, it'll be fall tour (eg, Boston).
Kind of tough to MO from the AT but certainly not impossible. I have to
hit PO's to pick up food I sent myself. When it gets near MO time, merely
call the hotline while there, if there's shows on the hotline, MO, if not,
call again at the next pickup. The problem will be the 3x5's. I suppose
I can include some in the package that's closest to hotline time. Heck,
I can have Fog mail my tape deck to me even.
|
92.923 | hopelessly optimistic :-) | SMURF::PETERT | | Fri Nov 20 1992 14:38 | 34 |
| I'm not too worried. We're working on Alpha OSF and we recently got
word that the budget was approved, if trimmed. There is of course
the concern about "more talented" replacing "less talented" which
my supervisor went over. Sigh. But then I'm from the Alfred E.
Neuman "What Me Worry?" school of thought. I've come from two
companies that no longer exist (Prime Computer and Stardent) so
I've gone through this a number of times before. I've landed on
my feet both times (there's some adantage to being in a small
niche) and I've got skills at Customer service as well as
Software Engineering (either reporting the problems or fixing
them ;-) Though maybe I should return those headhunter calls
I got the other day ;-) And I let my wife do my worrying for me.
She's pretty good at that! Hopefully people will survive, though
I guess it's unrealistic to suspect everyone will. Scott I'd like
to see you remain, as I could use those DEC Fortran manuals!
Last year at this time, Stardent had cut half its people, I'd
interviewed for this job, but had no idea of what was going on other
then that they were interested, and my future with the remaining
offshoots of Stardent (small spinoff companies to support the machines
still out there) was pretty shakey. I had a mortgage, a small child
and another on the way. It was a lean Christmas time. I'd like
to continue working here, and from what I've heard, the chances are
good, if not rock solid. I haven't even had a review, so it's hard
to say where I stand in the mix. But my main concern right now is
trying to see if I can get dbx to trace variables through a pointer.
The other stuff is beyond my control, so I'll deal with it if it
comes about.
Sounds like you've got a good plan there Ger. I've only done 50 miles
or so of the AT and someday I'd love to do the whole thing. But
life is leading me elsewhere at the moment, and its a pretty good
place too.
PeterT
|
92.924 | Gotta make it somehow | EBBCLU::SMITH | I took a rebel stand | Fri Nov 20 1992 15:34 | 16 |
|
I'm doing ok too, I just recently became part of the
Interconnect C.o.E., and with the Companies goal of
Centralization I hope to be here until I make a
voluntary exit. Lately I've heard less "oh, thats
not my job", and more "I'll be here late tonight",
so I think the increase in morale has helped many
in our group to succeed to become part of a solution.
I know we'll succeed as long as we keep the morale high,
even in these low times. There is definitely life
after DEC and in most cases it seems better than life
within. I have dedicated my free time in the last few
months to become *very* familiar with PC's, the
latest in stand-alone workstation technology, and
user products, but the best move I'll ever make is to
get out of the industry altogether.
|
92.925 | relax, don't worry, have a homebrew | ROCK::CAMPR::FROMM | There is no way to peace;peace is the way. | Fri Nov 20 1992 15:51 | 18 |
| re: AT
sounds like a good plan; if i get laid off, maybe i'll join ya!
actually, i'm not too worried about losing my job; i think i'm fortunate to
be in one of the areas of the company where a lot of hopes for the future are;
i kind of doubt that they're going to cancel Alpha; even if i did lose my job,
it wouldn't be that big of a deal; i'd set aside a certain portion of my
savings, and i'd just go out, travel, see friends, have fun, and spend the
rest; when i was through doing that, i'd head back to school
one of my basic tenets of life:
"things will always work out in the end
why?
because they have to"
. . . r i c H
|
92.926 | or a reasonable facsimile | VMPIRE::CLARK | the Gong Show | Fri Nov 20 1992 15:57 | 3 |
| I'll be OK as soon as everyone realizes I'm God.
- DC
|
92.927 | AT - what a way to enjoy getting laid off | CUPTAY::BAILEY | Certified Ski Destructor | Fri Nov 20 1992 16:09 | 10 |
| RE: doin' the AT ...
GerG ... my friend Rafe did about a third of the AT (~700 miles) three
years ago. I'm sure you know others, but if y'er interested in talking
to him about preparations, maps, mail drops, whatever ... he did a
bang-up job of preparation and has all that information ... I can put
you in touch with him real easy.
... Bobbb
|
92.928 | thanks for clearing that up. | MRNGDU::YETTO | the future is here | Fri Nov 20 1992 16:12 | 6 |
| Re: <<< Note 92.926 by VMPIRE::CLARK "the Gong Show" >>>
> -< or a reasonable facsimile >-
>I'll be OK as soon as everyone realizes I'm God.
I always wondered who the Dave in charge was. :-)
|
92.929 | | SCOONR::GLADU | | Fri Nov 20 1992 16:17 | 5 |
| Yeah, I was going to ask you how to get in touch with him. I should
know my last day soon since my only job here now is to phase out all
of SPO's VAXen and disks. Problem is, this could take until May. I
figure I could still do it leaving up until June 1. Would rather leave
by April, tho.
|
92.930 | | EZRIDR::SIEGEL | The revolution wil not be televised | Fri Nov 20 1992 16:25 | 12 |
| I just talked with my boss a few days ago and, fortunately, he says I have
nothing to worry about. Unfortunately, that's not true for at least one person
in my group I've worked with. He asked me to put in a good word for him but
I'm afraid that might not be enough.
I'm working on some strategically important networking hardware that is on an
aggressive schedule. We are already understaffed as it is, in fact, I'm going
to have to do the firmware as well as the hardware this time around. Funny how
my group has to cut x amount of people and we already don't have enough
engineers.
adam
|
92.931 | | TLE::ABBOT | No more years | Fri Nov 20 1992 16:29 | 14 |
| Chances are slim that I'll work at DEC until I retire. But I want to
leave here on my own terms, when I want to. Right now is not a good
time to leave, either for me personally or based on the work I'm
currently doing and have scheduled.
I was hired because the needed someone with adequate writing skills and
a strong programming background. Out of the 25 or so writers here,
only one other was a programmer. My background plus the effort the put
into bringing me here was enough to keep me here after the last round.
The best I can do is hope that those making the decisions still think
so.
Scott
|
92.932 | hiking mon | ZENDIA::FERGUSON | Roll me away | Fri Nov 20 1992 16:40 | 6 |
| Jack Cutler, an infrequent noter here, has done all but 200 miles (or so) of
the AT (the southern most 200 miles). You might want to chat w/ him about
it too. He's also done all but 2 of the highest mountains in each state. I
think he has Denali (McKinley) and Rainier left to complete the 50. Oh, I think
he did all the 4kers in NH as well....
|
92.933 | | SCOONR::GLADU | | Fri Nov 20 1992 17:07 | 7 |
| Yeah, he asked me about Denali a couple of months ago. I thought
about doing that after I get laid off but that would chew up $2500,
plus airfare, plus another $1000+ in expedition equipment that I don't
already have. I'll wait until I get a job then do it on my vacation. :-)
Climbing Denali is a yuppie adventure, I'l have to make do with the
standard unemployed person's adventure - hike the AT. :-) :-) :-)
|
92.934 | hard climb | ZENDIA::FERGUSON | Roll me away | Fri Nov 20 1992 18:42 | 5 |
| re; ger
i hardly think denali is a "yuppie adventure" mon! that is one tough mountain
to climb!! your average yuppie is in not shape to tackle that beast...
|
92.935 | Denali Schmenali | CSCMA::M_PECKAR | fast times at Decnet High | Fri Nov 20 1992 19:11 | 10 |
|
I have to agree with Ger. The reason mortality rates are so high on that
mountain is that indeed draws lots of young rich thrill-seekers who are
unexperienced, think they don't need special training to climb it, and come
unprepared for the _real_ home of the worlds worst weather...
I should know, I was one of 'em. I climbed it when I was 17.
Actually, most of 'em are really rich spoiled kids from other countries.
|
92.936 | | MRNGDU::YETTO | the future is here | Fri Nov 20 1992 19:46 | 6 |
| Re: <<< Note 92.935 by CSCMA::M_PECKAR "fast times at Decnet High" >>>
>Actually, most of 'em are really rich spoiled kids from other countries.
you mean like Stamford, CT. :-)
|
92.937 | Westchester ain't no slouch of a county, either! | EZRIDR::SIEGEL | The revolution wil not be televised | Fri Nov 20 1992 20:56 | 9 |
| re: <<< Note 92.936 by MRNGDU::YETTO "the future is here" >>>
>>Actually, most of 'em are really rich spoiled kids from other countries.
>
> you mean like Stamford, CT. :-)
Watch it!
adam_neither_spoiled_nor_rich_but_wish_i_was_the_latter
|
92.938 | money changes everything ... | CUPTAY::BAILEY | Certified Ski Destructor | Sun Nov 22 1992 16:25 | 13 |
| I recently read an article in OUTSIDE magazine that also agrees with
Ger ... the point of the article was that technology has opened up
places like Denali, and even Everest, to thrill-seekers who have plenty
of cash. The trouble is that a lot of folks are arranging these trips
like it was a leisure vacation, and they don't have the basic experience
needed to survive something unexpected, like an avalanche or a storm that
leaves them trapped on the side of the mountain for days at a time. Many
of these people are so inexperienced that they even do stupid things that
further decrease their chances for survival. And as a result, there have
been an inordinate number of deaths on Denali in recent years.
... Bob
|
92.939 | Tree Philosophy | LJOHUB::RILEY | Namer of chaotic individuals everywhere! | Mon Nov 23 1992 11:50 | 28 |
|
Seems to me, that stupid people do stupid things... doesn't take money
to make someone stupid,
Denali is what it is, a beautiful gift from Mother Nature; the scale of
the human being in comparison is infinitesimal.
Seems like rich people are accustomed to being able to buy themselves
out of every hardship they've ever encountered, by going to Denali the
lucky ones learn a hard lesson about life; others aren't quite as
lucky.
What strikes me most, is that the survival skills of our species no
longer deal with natural elements and the bare necessities (food
gathering, providing shelter, etc...) but now are more closely linked
with social skills and abstract "specializations"...
The evolution of mankind is one that makes him more fragile, less
adaptable, and more harmful to his natural environment...
Nature's climate is enemy
Shelter becomes necessity
A price we pay to avoid harm's way
is more and more dependency
Tree
|
92.940 | | SCOONR::GLADU | | Mon Nov 23 1992 12:11 | 26 |
| re: Denali
My reference to Denali as a "yuppie adventure" refers to the mountain
being open to anyone who can afford to hire the guides.
IMHO, the mountain should only be open to those capable of climbing
it Unfortunately that is not the case. AAI (American Alpine
Institute), the group I trained with last summer, will only bring
qualified climbers on their trips (and I'm qualified, BTW). Ranier
Mountaineering (RMI) and many other groups will bring anyone who
can pay the hefty price.
One of my instructors at AAI, Julie Culberson, was the woman involved
in all of the rescues described in the Outside magazine article Bobb
mentioned (they interviewed her for the article). I got first hand
detailed descriptions of the tragedies from her. Not very pretty. I'll
climb Denali someday, but I plan to gain other big mountain experience
first. Maybe head down to Bolivia or Ecuador for a month after I get back
from the AT.
Bobb:
Any chance I can get a photo copy of the article? My copy of the mag
got destroyed in the back of Fog's car.
Ger
|
92.941 | | CSCMA::M_PECKAR | fast times at Decnet High | Mon Nov 23 1992 12:39 | 34 |
|
One thing I think that contributes greatly to the casualties on Denali, besides
a lot of guides not caring much about how experienced their clientel is, is the
practice of ferrying in groups via glacier plane right onto the flanks of the
mountain, typically around 7000 feet on the Southeast Branch of the Kahiltna
glacier.
When I climbed the mountain, I used the standard southwest buttress approach,
but instead of starting on the glacier at 7000 feet, I started at the terminus
of the Kahiltna, about 40 miles south of that point and at an altitude of about
1000 feet. The long trek into bas-camp at 7000 served as a "shake-out", and in
some respects was more difficult that the summit assualt, since it involved
more techincal backcountry travel such as river crossings, ice and rock
climbing and bush wacking through dense undergrowth. By the time we got to the
7000 foot base-camp, it was apparent that two team members didn't have the
right stuff to continue, and they were airlifted out. One was experienced, but
his equipment was all new and his feet were covered in blisters, and the other
was totally out of shape and unable to maintain the team's pace. If we had
started from the 7000 foot level instead, the entire team would have had to
turn back because of these two, since at higher altitudes, falling behind of
having feet trouble means the whole team freezes and dies.
In general, I've heard that folks who've climbed via northern and other
approaches, which basically require you start at a very low altitude, have had
fewer casualties, even though the routes are more dangerous, steeper, and more
exposed to the awful weather.
In my opinion, then, the solution is prohibiting glacier landings except in
emergencies. It's a controversial solution, since it would cut down on the
number of climbers by virtue of the fact that its makes the "easiest" route
harder and therefore cut into the livelyhoods of the guides and glacier taxis,
but isn't it worth it for a few saved lives?
|
92.942 | | VERGA::STANLEY | what a long strange trip it's been | Mon Nov 23 1992 12:50 | 10 |
| LJOHUB::RILEY
> The evolution of mankind is one that makes him more fragile, less
> adaptable, and more harmful to his natural environment...
Actually though, Tree... I think mankind is adapting.. perhaps we are
fragile but the species is making peace with it's environment now... or
we're heading in that direction anyway.
|
92.943 | | LJOHUB::RILEY | Namer of chaotic individuals everywhere! | Mon Nov 23 1992 13:00 | 14 |
|
> The evolution of mankind is one that makes him more fragile, less
> adaptable, and more harmful to his natural environment...
Actually though, Tree... I think mankind is adapting.. perhaps we
are
fragile but the species is making peace with it's environment
now... or
That's my hope too.
Tree
|
92.944 | | VERGA::STANLEY | what a long strange trip it's been | Mon Nov 23 1992 13:59 | 1 |
| Might as well... damn... there's no place else to live...
|
92.945 | Gullotti, New Head Of U.S. | SALES::GKELLER | yrs=4 Atax on wallet/attacks on 2nd | Tue Nov 24 1992 16:51 | 50 |
| Size: 2673
PNS Delivered by OSAG Advanced Development:
DIGITAL INTERNAL USE ONLY AS PER INFORMATION PROVIDER LICENSE:
MAYNARD, Mass.--(BUSINESS WIRE)--Robert B Palmer, president and chief
executive officer of Digital Equipment Corporation, today announced that
Russell A. Gullotti has been named vice president, U.S. Area, reporting to
John F. Smith, senior vice president of Operations.
In this new position, Gullotti will manage Digital's U.S. Area and be
responsible for all U.S. sales, services and customer support. This group has
more than 20,000 employees and represents more than $5 billion of Digital's
revenues. One of Gullotti's first responsibilities will be to bring into
Digital a new senior U.S. Sales/Channels manager.
``I am pleased to make this announcement,'' said Palmer. ``Russ brings a
broad base of experience to this management position. Through the efforts of
Russ and his team, Digital's services business grew to $6.2 billion in our
1992 fiscal year, and the systems integration business grew in the same period
to over $2 billion. Russ is a key member of my senior management team and will
play a significant role in returning the company to profitability.''
Gullotti, 50, most recently served as vice president, Digital Services, with
responsibility for Digital's Systems Integration and Support Services,
Education and Consulting Group, and the Digital Product Services organization.
Gullotti joined Digital in 1976 as the U.S. Manufacturing manager for the
Computer Special Systems (CSS) organization, and later was promoted to the
position of Corporate (worldwide) Manufacturing manager in CSS. He then
served as plant manager of Digital's Salem, New Hampshire, manufacturing
facility; and later returned to CSS to assume the position of U.S. business
manager. He soon was promoted to corporate business manager for CSS, and in
March 1987, he was promoted to the post of vice president of Computer Special
Systems, where he served until May 1989. At that time, he became vice
president of the Corporate Enterprise Integration Services (EIS) organization,
a position he held until his appointment as Digital's Services vice president
in December 1990.
Before joining Digital, Gullotti was a manufacturing operations manager for
Honeywell Information Systems. Prior to that, he served as a captain in the
United States Air Force.
Gullotti is an honors graduate with a bachelor's degree from Boston
University. He earned a master's in Business Administration (MBA) degree from
the University of New Hampshire. He also is a graduate of Dartmouth College's
Tuck Executive Program.
CONTACT: Digital Equipment Corp., Maynard
Jeffry Gibson, 508/493-6865
|
92.946 | | TERAPN::PHYLLIS | in the shadow of the moon | Tue Nov 24 1992 17:07 | 8 |
|
So, once again, someone to head US sales who has himself, never sold.
one step forward, two steps back.
sigh.
|
92.947 | | TERAPN::PHYLLIS | in the shadow of the moon | Mon Nov 30 1992 20:14 | 4 |
|
DEC stock closed today up 2 1/8 at 34 3/8. We buy tomorrow.
|
92.948 | | ZENDIA::FERGUSON | Roll me away | Tue Dec 01 1992 12:03 | 14 |
| re <<< Note 92.947 by TERAPN::PHYLLIS "in the shadow of the moon" >>>
> DEC stock closed today up 2 1/8 at 34 3/8. We buy tomorrow.
Actually, I think it was up 2, not 2 1/8; I don't remember the closing
price listed this am in the Globe, but, if it is 34 1/4, we buy at $29.11 ...
or so...
when someone know, can ya post the "buy" price?
|
92.949 | | TERAPN::PHYLLIS | in the shadow of the moon | Tue Dec 01 1992 12:28 | 4 |
|
we bought today at $28.75
|
92.950 | lots of shares.... | ZENDIA::FERGUSON | Roll me away | Tue Dec 01 1992 12:53 | 8 |
| re <<< Note 92.949 by TERAPN::PHYLLIS "in the shadow of the moon" >>>
> we bought today at $28.75
wow! this works out to be quite a bit of shares! looks like the stock
opened lower then yesturday's closing price.
|
92.951 | | CSCMA::M_PECKAR | Dyslexics Untie! | Tue Dec 01 1992 12:58 | 6 |
| > we bought today at $28.75
So todays opening must have been 33 3/4...
I thought they rounded to the half point, not the quarter point, which would
have put the price at $28.50
|
92.952 | | TERAPN::PHYLLIS | in the shadow of the moon | Tue Dec 01 1992 14:45 | 13 |
|
it's not actually based on closing price but on something else.. fair
market value, maybe.. I don't really remember. Anyway, it was
definately $28.75. I'm not sure what our opening (or in some of our
cases, selling) price today was though. The stock opened an hour late
(at 11:00) at somewhere around 33. Word here is that it was held an
hour due to the enormity of sell requests. (I guess whoever is in
charge of the stock market puts a hold open on it.. I don't really know
how these things work). Anyway, it is open now.
|
92.953 | | TLE::ABBOT | No more years | Tue Dec 01 1992 15:21 | 5 |
| Well, it looks like massive layoffs every quarter through the end of
FY94. Good luck to you all.
Scott
|
92.954 | | TERAPN::PHYLLIS | in the shadow of the moon | Wed Dec 02 1992 12:38 | 4 |
|
selling price yesterday was 32.552
|
92.955 | stock ? sense we are on the subject. | ANGLIN::GEBHART | Met her accidentally in St.Paul, MN | Wed Dec 02 1992 13:05 | 8 |
| when you do a sell order, when and how do you see your money? Do they
send it to your home or does it come as a pay stub? How long does it
take?
Thanks,
:-)
Scott G
|
92.956 | Work?????? | CX3PT2::IDWCS3::SMITH | | Wed Dec 02 1992 13:10 | 8 |
|
Hard to get started working today, got my tickets, got a room lined up
in Denver, just waiting on early afternoon so I can get my behind
outta here........
Divide Dave
|
92.957 | | CSCMA::M_PECKAR | Dyslexics Untie! | Wed Dec 02 1992 13:13 | 13 |
|
> selling price yesterday was 32.552
So, all of you who sold "immediately" only made 11.7% on your money, not 15%,
since the purchase price was 85% of yesterday's opening price of $33.75.
I'm waiting it out. Wall street can only react positively to more layoffs, even
if digital continues to loose money. Digital is still one of the few companies
that doesn't carry a lot of debt, and I beleive Digital is well positioned to
take full advantage of an inevitable economic recovery. Heck if digital just
breaks even next quarter, than theoritically, the stock should be worth book,
which is somewhere in the forties, right?
|
92.958 | | CSLALL::HENDERSON | Workle while you whist | Wed Dec 02 1992 13:15 | 15 |
|
RE .955
As I recall they send a check to your home, and I believe it takes about
10 days.
Jum
|
92.959 | | TERAPN::PHYLLIS | in the shadow of the moon | Wed Dec 02 1992 13:29 | 13 |
|
I think we made 13.2%
Yes, they send a check to your home. For sales yesterday, the checks
will be mailed out no later than December 8th.
Regarding waiting or not waiting - I would expect that decision has
less to do with Wall Street and more to do with someone's personal
financial needs at the moment. 11% or 13% is still better than any
type of 6 month bank account.
|
92.960 | Have fun | BINKLY::DEMARSE | Walk me out in the morning dew | Wed Dec 02 1992 14:47 | 11 |
| re:92.956
>Hard to get started working today, got my tickets, got a room lined up
>in Denver, just waiting on early afternoon so I can get my behind
>outta here........
>
> Divide Dave
Wish I were you....I'm jealous. :)
danielle
|
92.961 | | ZENDIA::FERGUSON | Roll me away | Wed Dec 02 1992 14:55 | 3 |
| My calculations also say 13.2% on the stock purchase plan.
and, as phyllis said, still better then a bank account by
a factor of 4!
|
92.962 | | STUDIO::IDE | Can't this wait 'til I'm old? | Wed Dec 02 1992 15:38 | 18 |
| There's a lot of discussion in DIGITAL_INVESTING about this, and it
works out to much more than 15%. The main reason being that the money
you contributed last week is treated the same as what you contributed
six months ago. Someone worked out a return of ~60%, but I couldn't
follow the math.
Fog, there's also a discouraging article in there about how companies
in Digital's position of restructuring usually take three years before
their stock price goes up.
There's no way to make DEC stock out to be anything but an extremely
high risk investment, even with the 15% ESPP discount. I don't think
it'll hit $60 until 1995, assuming it's the same company.
Like I said before, if you're not in SAVE, you're missing DEC's best
investment option for employees.
Jamie
|
92.963 | | TERAPN::PHYLLIS | in the shadow of the moon | Wed Dec 02 1992 15:50 | 9 |
|
> Someone worked out a return of ~60%, but I couldn't follow the math.
too much time playing with barbie dolls, huh? ;-) ;-)
As long as they send me a check to temporarily keep the Visa police off
my back, I'm doing okay. (and I am in SAVE too :-)
|
92.964 | 6 * 9 = 42 | ROCK::CAMPR::FROMM | There is no way to peace;peace is the way. | Wed Dec 02 1992 17:10 | 25 |
| > There's a lot of discussion in DIGITAL_INVESTING about this, and it
> works out to much more than 15%. The main reason being that the money
> you contributed last week is treated the same as what you contributed
> six months ago. Someone worked out a return of ~60%, but I couldn't
> follow the math.
well, i can see how you might arrive at some larger number; the money you
invested 6 months ago made 15% over a 6 month period (assuming the stock didn't
go down, which it did, of course, but that just lowers the numbers a bit),
which comes out to approximately (but not precisely) a 30% yearly rate; and
the money you invested 2 days ago made 15% in a 1 day period, which comes out
to some ridiculously high yearly rate; whey you average all of the numbers out,
you'll come out to some yearly rate between the two
however, this is totally bogus reasoning, since to maintain this rate you'd
have to be doing this every day of the year, and we're only allowed to do it
twice; and you can't even really count it twice, because you can only do it
once on a given amount of money; so the TRUE rate of return on your investment
is indeed 13.2% (accounting for the loss yesterday), which still ain't nothin'
to sneeze at, but i think i'll make more in the long run by holding on to it;
i can definitely understand why people would want to sell right away though;
it is a risk
. . . r i c H
|
92.965 | SUBWAY::DIGITAL_INVESTING | STUDIO::IDE | Can't this wait 'til I'm old? | Wed Dec 02 1992 18:44 | 10 |
| re .-1
Rich,
Press KP7 now, dammit!! The analysis was more complicated than simply
averaging, that I could've followed. :-)
My Barbie doll said "economics is a bogus pseudo-science."
Jamie
|
92.966 | ok, i'll take you up on that challenge | ROCK::CAMPR::FROMM | There is no way to peace;peace is the way. | Wed Dec 02 1992 19:25 | 6 |
| > -< SUBWAY::DIGITAL_INVESTING >-
> Press KP7 now, dammit!!
what note/reply is this alleged 60% rate of return discussed?
- rich
|
92.967 | Just pretend it was a bank | MILKWY::SAMPSON | Driven by the wind | Wed Dec 02 1992 22:10 | 12 |
| I think it makes perfect sense.
If a bank gives you a car loan of 10.5% it costs you 25% no matter how
you cut it up.
It should then follow logicaly that if a bank were to give you 60%
return on your investment you would only see 13.5.
I don't really know how bank calculus works, but it's always in the
banks favor. ;-)
A cluless investor
|
92.968 | | STUDIO::IDE | Can't this wait 'til I'm old? | Thu Dec 03 1992 12:24 | 11 |
| re:<<< Note 92.966 by ROCK::CAMPR::FROMM "There is no way to peace;peace is the way." >>>
> -< ok, i'll take you up on that challenge >-
What challenge?
>what note/reply is this alleged 60% rate of return discussed?
I don't know; it's a small conference so you shouldn't have much
trouble finding it.
Jamie
|
92.969 | another of DEC's "best assets" gets tossed out ... | CUPTAY::BAILEY | Certified Ski Destructor | Thu Dec 03 1992 12:58 | 19 |
| My boss just left my office ... one of the two supervisors in our group
was told "unofficially" yesterday that he's being laid off.
Ironically, this is the one guy I would've picked to stay ... I think
he's the best first-line manager I've worked with in our organization
... one of the few that understand he's managing *people* rather than
spreadsheets ... and I'm positive his selection had nothing to do with
performance.
It certainly seems like the survivors are the ones who keep their
mouths shut and do nothing, while the ones that know how to really
manage (the ones this company's gonna need most to pull us out of this
malaise once the lay-offs are finally done with) are being escorted out
the door.
He also said there will be further cuts, and that we'll find out who
else gets laid off this coming Monday.
... Bobbb
|
92.970 | | TLE::ABBOT | No more years | Thu Dec 03 1992 15:54 | 10 |
| Hey Bobbb, that's the same feelings I had with my supervisor. One of
the best managers I've had here. Problem is not that he was bad or
did anything wrong, he just didn't see things the way his boss saw
them. Looks like the only way to get ahead in management is to shut up
and not ask questions.
Sad times.
Scott
|
92.971 | | VERGA::STANLEY | what a long strange trip it's been | Mon Dec 07 1992 12:41 | 2 |
| They laid off my boss. He's the best boss I ever had and a really good
friend.
|
92.972 | Almost 15% | LJOHUB::GILMORE | Shame on the Moon | Mon Dec 07 1992 13:01 | 4 |
| Mine too, and three others in the group I work for . . .
:(
sparky
|
92.973 | | CXDOCS::BARNES | | Mon Dec 07 1992 15:27 | 4 |
| we lose 3 today at noon......bummer thang to come back to after
deadshows
rfb
|
92.974 | | ZENDIA::FERGUSON | got the Canned Heat Blues | Mon Dec 07 1992 21:14 | 12 |
| OK - get this -
We lost a total of 22 people out of roughly 55.
That is huge cut.
Of the 22, only 1 superviser was selected.
the remaining 21 were _all_ engineers.
go figure that one.
/not/happy/jc
|
92.975 | 28 -> 12 = 57% reduction | LESPE::WHITE | Truckin', got my chips cashed in... | Tue Dec 08 1992 12:42 | 21 |
| Re: <<< Note 92.974 by ZENDIA::FERGUSON "got the Canned Heat Blues" >>>
> We lost a total of 22 people out of roughly 55.
> That is huge cut.
Hey JC, that's not even 50%!
Power Systems Engineering went from 28 to 12! Of course, Digital
in it's infinite wisdom has decided to get out of the business
of designing and manufacturing power supplies altogether. So
there isn't much need for power supply designers.
But hey, I got the package, I got a great job waiting, I've
already got an offer on my house - I expect to be back at
Digital in May or June selling top flight power systems :-)
I appreciate my good fortune, I keep walking around looking up
and saying "Thank You!" to the Great Spirit, Goddess, Higher
Power or whatever it is that looks after the universe.
Bob
|
92.976 | | LEDS::YETTO | discover the wonders of nature | Tue Dec 08 1992 13:00 | 8 |
|
> But hey, I got the package, I got a great job waiting, I've
> already got an offer on my house - I expect to be back at
> Digital in May or June selling top flight power systems :-)
:-) this should be in the Make You Feel Good News.
it certainly makes me happy!
|
92.977 | Good comes back three fold too! :) :) :) | LJOHUB::GILMORE | Shame on the Moon | Tue Dec 08 1992 13:12 | 6 |
| Yes Bob! Congrats!
See you at Ronnie Wednesday?????!!!!
:) sparky
|
92.978 | Sounds like you're not doing too bad... | SMURF::PETERT | | Tue Dec 08 1992 14:37 | 11 |
| > But hey, I got the package, I got a great job waiting, I've
> already got an offer on my house
Way to go Bob! The offer on the house is the one that impresses
me most :-) Hopefully it was for a decent price! Lord knows we
can't even think of selling till the market picks up again (assuming
it ever does).
PeterT_who_could_use_a_somewhat_shorter_commute_but_at_least_is_still_
working.
|
92.979 | :-) :-) :-) | GR8FUL::WHITE | Truckin', got my chips cashed in... | Tue Dec 08 1992 15:02 | 18 |
|
Now it's totally official. There's as many papers to sign for
the transition package as for buying a house! Well, almost.
I expect to be around all week. I plan to be at Ronnie on Wednesday
but later. I have a dinner commitment with an old friend and
an old flame in Worcester at 6:30.
The offer of the house was within in reason. If you split the
difference between the asking price and what was offered, that's
exactly what I want to sell for.
Thanks again to the Keeper of the Universe! I know many people
are hurting, and I am concerned for them. But still, I need to
relax and enjoy the good tides flowing this way :-)
Bob
|
92.980 | | EZRIDR::SIEGEL | The revolution wil not be televised | Tue Dec 08 1992 16:40 | 14 |
| re: <<< Note 92.975 by LESPE::WHITE "Truckin', got my chips cashed in..." >>>
> But hey, I got the package, I got a great job waiting, I've
> already got an offer on my house - I expect to be back at
> Digital in May or June selling top flight power systems :-)
Just make 'em damn good because my group might be using them in the future! :-)
I hope to see you (in a suit, no less :-)) next year selling us power supplies
we should have been making in the first place!
I'm very happy for you, Bob.
adam
|
92.981 | Scary stuff... | NAC::TRAMP::GRADY | Short arms, and deep pockets... | Wed Dec 09 1992 01:36 | 68 |
| Our group had an interesting meeting with our V.P. this afternoon, and
I thought I'd try to repeat some of what I heard. First of all, the
numbers:
. Corporate wide, over 6,000 gone, 5,000 in the U.S., 1800 Engineers
. 224 (or so?) in NAC, 34 of them in NAC/End Systems (my organization)
The V.P.'s staff made the decisions - cost center managers. The
criteria, as we've all heard, was last two reviews, by the numbers.
Everyone with two consecutive 3's or worse is gone. Then those with a
3 last, but a 2 before it, then 3/1, 2/3, 2/2...etc. The thing I found
peculiar was that they started with the more senior people - of those
34 layoffs, 9 were principals, 8 were seniors, and only 1 was an SE2.
Speaking as a principal who only recently started improving to get a 2
in my review - last month - I found this pretty spooky. All
contractors are gone, but not all consultants. There's a difference.
Consultants are those who are hired for a fixed price to do a specific
job, and are therefore a budget item, not a headcount item. This
layoff was strictly headcount-based. Now they will review budgets,
and try to cut expenses there too. If things still look bad, then
there may be more layoffs to offset budget overages with a further
reduction in headcount. If the revenue/profits don't get better, then
another round could come up in March. There may be some projects
cancelled, but it seems difficult to cut any more non-critical
products. BTW, although Engineering got hit hard, manufacturing got it
worse...this says something, I think...
There was also an interesting comment or two about the field,
particularly U.S. area. When the U.S. area was told to drastically
reduce headcount, management came back with a plan to lay off ALL the
workers and keep all the management. Brilliant. Gullotti is perceived
has having a massive cleanup job ahead to straighten out the mess
created by his three (? starting with Shue) predecessors. U.S. spends
as much as Europe, but Europe's numbers are going up, while U.S.'s are
dropping. GIA is doing great. MJ, are you still in GIA?
In terms of technology, the corporation is turning towards (get this)
NT as the next major Operating System, and OSF as possibly number 2.
VMS will have 2 years as our major revenue source, and perhaps five
years of development. This statement knocked me right on my butt (I
was standing). This says we're basically going out of the Operating
Systems business. There was also a lot of talk about integrating
DECnet, OSI and TCP/IP more tightly. I'm in the TCP/IP group, so it
was nice to hear we have work to do...;-)
Now, I started in LCG, so this shit doesn't really scare me. In fact,
it sounds familiar enough, and comes from a source high enough, that I
tend to believe it. The problem is deciding what to do. I've seen
lots of people develop major cases of denial - I would expect the VMS
group in ZKO are like that right now... Don't bother learning Unix,
it's almost as dead as VMS. Learn about NT.
I think the company is planning to move into the commodity chip
business with Alpha, betting the farm it will become the industry
standard 64-bit processor just as the 386/486 family has become the
standard 32-bit procesor. Microsoft will produce the O/S for both.
We'll still build systems, but our major revenue stream will be chips
and components, like Intel. We'll also do large scale networks and
distributing processing, like OSI, TCP/IP, DCE, etc...but who knows? I
think we may have heard the end of "Digital is a software company".
tim
|
92.982 | Always look on the bright side of life,... | NAC::TRAMP::GRADY | Short arms, and deep pockets... | Wed Dec 09 1992 01:40 | 6 |
| On the positive side (almost forgot) I was invited by my manager to
prepare a presentation for the next DECUS, in Atlanta, in June. In
13.5 years with Digital, I've never been to a DECUS.
tim
|
92.983 | | CSLALL::HENDERSON | Wrong week to quit smoking | Wed Dec 09 1992 11:40 | 19 |
|
> particularly U.S. area. When the U.S. area was told to drastically
> reduce headcount, management came back with a plan to lay off ALL the
> workers and keep all the management. Brilliant. Gullotti is perceived
Everybody who is surprised by this raise their hands...
Jum
|
92.984 | | ISLNDS::CONNORS_M | | Wed Dec 09 1992 11:47 | 6 |
| re: .981
I'm now in Worldwide Supply Ops (Spanning all 3 areas).
Things are absolutely crazy around here. There's a hell
of a lot of work to be done over the next quarter and
it would appear to me it's do or die time.
|
92.985 | disgust is all I can feel | JURAN::CLARK | tune up, turn on, rock out | Wed Dec 09 1992 12:06 | 8 |
| re : Jum
amazing. totally amazing. what are the managers going to do
no workers? going to meetings doesn't bring in money, last
time I checked.
- Dave (debating whether to move into MJ's organization
or stay in the relatively safe haven of SCO)
|
92.986 | | CSCMA::M_PECKAR | US/UN out of Somalia! | Wed Dec 09 1992 14:22 | 4 |
|
There a lot of good news for Digital in what you relayed, Tim. If DEC is
indeed serious about betting the farm on NT/Alpha, and I think it can happen if
DEC lays off enough VMS-entrenced mindsets, then DEC will prevail...
|
92.987 | Digital is NOT a software company - anymore. | NAC::TRAMP::GRADY | Short arms, and deep pockets... | Wed Dec 09 1992 15:20 | 14 |
| The problem is that as we move away from VMS and OSF to an
operating system that belongs to someone else, we will gradually
be forced to retreat further and further from the software business
as a whole. Without an operating system to call our own we will
become purely a chip and component vendor, with NO SOFTWARE
DEVELOPMENT whatsover.
Pop quiz: Name three major software products from Intel.
Time's up. Answer: zero. This is a major shift in long term
direction.
tim
|
92.988 | | SSGV02::GPEACE::Strobel | Corn Dawgs Only Bark @ Nite | Wed Dec 09 1992 16:37 | 29 |
| Scott Abbot & I were discussing the Digital is a SW Company mug and the best
way to white out products :-(
I'm not sure a company needs a home grown OS to survive. My limited
understanding of OS porting agreements provides DEC or anyone else (i.e. if
HP ports NT to the UX system) the ability to have functionality improvements
added in subsequent releases either by doing the engineering or by having
Microsoft (or USL if it was System V) do the work. Granted, this partial
control is not as advantageous as total control.
I don't think Microsoft fully understands SMP and other models much above
small PC Lans. Granted they can move down the learning curve quick. I also
would put the final nail in the VMS coffin too quick as NT will be a V1 OS
and I don't know too many firms who would run their production systems on a
V1.
DEC won't make any, or much money, simply by selling the NT OS, in my opinion
due to the pricing. We need to have value added software (i.e. let's not port
DECcalc to NT) such as our networking, security, some of our compilers &
tools.
Also, I think DEC has at least a short term opportunity with NT. Microsoft
probably needs another major systems vendor to port/sell NT. HP has been
waffling on the decision. If Microsoft wants to get beyond the desktop,
customers want NT and DEC is the sole vendor in the larger system space with
it, Microsoft will lobby the customers hard to go with DEC.
My $.02 has been DEC, in the long term, could resemble an Intel with a
service business
|
92.989 | ahem. | NAC::TRAMP::GRADY | Short arms, and deep pockets... | Wed Dec 09 1992 18:38 | 7 |
| Someone reading this notes file has decided to extract and
distribute note 92.981, without having the courtesy to ask my
permission, or even my opinion.
I would like to know who did this.
tim
|
92.990 | not cool... | ROULET::DWEST | if wishes were horses... | Wed Dec 09 1992 18:44 | 9 |
|
and, for the record, this is NOT considered appropriate behavior
for this, or other, notesfiles...
common courtesy dictates that before something is pulled from a
notesfile and distributed, the author should be asked for permission!
da ve_with_his_mod_hat_on_fer_a_change
|
92.991 | | CXDOCS::BARNES | | Wed Dec 09 1992 18:53 | 3 |
| wasn't me....the info you presented is just the opposite of what we
were told..so I blew BOTH off
rfb
|
92.992 | | NAC::TRAMP::GRADY | Short arms, and deep pockets... | Wed Dec 09 1992 18:59 | 5 |
| Hey Da ve,
Mod hat ya got on there! Wicked Cool! ;-) ;-) ;-)
tim
|
92.993 | yeah but.... | LANDO::HAPGOOD | | Wed Dec 09 1992 19:45 | 16 |
| While I agree with you Tim and Da ve that it is not the proper thing to do
I continually remind myself and others that anything you add to any conference
is read by hundreds.
So live by the motto of "if you can't say it to everyone then don't type it
into a notefile." I think that is a good motto .. this place may be special
for you but it's not only your's.
Also whenever I pull in anything off of the internet for posting in here,
I *always* leave the authors name and address in tact. Not everyone does
that *in here*. Go see the set list note.
bob.
ps. maybe this is should go in the moderator note....
|
92.994 | | ROCK::CAMPR::FROMM | There is no way to peace;peace is the way. | Wed Dec 09 1992 19:48 | 22 |
| > and, for the record, this is NOT considered appropriate behavior
> for this, or other, notesfiles...
> common courtesy dictates that before something is pulled from a
> notesfile and distributed, the author should be asked for permission!
yes, i agree that it is courteous to ask for the author's permission; but
can you really say that it is "inappropriate behavior" not to?
this is an unrestricted notes file; anybody who is a digital employee has
access to it; by posting something to grateful, you are essentially giving
permission for anybody within digital to read it; so what's the difference
if somebody spreads your message around digital?
granted, i think that it would be polite of them to ask first, but i don't
really think that the author can in any way forbid them them from distributing
it
- rich
p.s. if you're talking about distributing it outside of digital, that's a
different story
|
92.995 | still not cool... | ROULET::DWEST | if wishes were horses... | Wed Dec 09 1992 20:09 | 23 |
| the difference is that by posting it here it is put out for a very
specific audience, namely, readers of this conference... the author
had intended it for a specific audience, for whatever reason (let's say
for the sake of argument that he "trusts us withhis opinion and this
information") and by taking it out of this forum and distributing it
elsewhere, it is being given to an audience that was not intended to
recieve the note...
the postings in this notesfile are essentially the "intellectual property"
of the author, and reposting or redistribution without the authors consent
is in bad form... note, i am not saying there are copyright issues or
the like involved... jst that propriety dictates a certain
"ownership"...
a good point is made that by posting stuff here it becomes reading
fodder for hundreds (one would do well to remember that there are LOTS
of people who read this file a lot and post nothing)... still, it
is not considered appropriate "noting etiquette" to redistribute
any postings without the consent of the author...
da ve_still_noting_as_a_moderator_
and_willing_to_hear_otehr_opinionz
|
92.996 | | SPICE::FIELDS | and we'd go Running On Faith | Thu Dec 10 1992 11:03 | 9 |
| whoa ! this should not happen "." what Tim wrote was for GRATEFUL reads
only (as he saw it) and well now it would not surprise me if Tim were
to never write such a note, or for that matter anyone ..... if Tim were
asked then he could have said yes or no ...... as we see right now he
is not pleased with this .....
who ever did pull the note please fess up off-line with Tim......
Chris_under_the_rilly_big_Mod-Hat
|
92.997 | Can I go back to sleep now? | LJOHUB::GILMORE | Shame on the Moon | Thu Dec 10 1992 11:22 | 15 |
| Glad I was a "tattle tail". Actually, I was quite surprised that
someone in my group had forwarded the message to my group which
he received from someone else (yet to be determined) via email
extracted from notes, so I mentioned to Tim how his "news" was
getting around . . .
Unless it's something like a joke (Dave Barry for example), or
a quote from some *famous* person, or something along those lines,
I make it a habit not to forward information from Grateful to
anyone else unless I receive the author's permission beforehand.
I'm sure whomever did this didn't realize this wasn't a good thing
to do, but I think it reminds all of us that our information shared
in this file is _not_ sacred, but it should be respected.
sparky
|
92.998 | not_a_moderator_and_i_dont_play_one_on_tv | ROCK::CAMPR::FROMM | There is no way to peace;peace is the way. | Thu Dec 10 1992 14:50 | 12 |
| > still, it
> is not considered appropriate "noting etiquette" to redistribute
> any postings without the consent of the author...
i don't know if i agree with saying "any" postings; i think what made this a
bit more unique was the nature of the posting; i mean, if i want to post a
set list, show review, announcement of something going on, copy of a newspaper
article, etc. from the UseNet to here, i wouldn't ordinarily think to e-mail
the author and ask for his permission; i think people just have to use common
sense
- rich
|
92.999 | | LANDO::HAPGOOD | | Thu Dec 10 1992 14:53 | 11 |
| I don't know if I buy "intellectual property"...all that you signed over to
DEC on the day we came here....I think anyhow! Well would you buy electronic/
software/computer related intellectual property?? :)
I agree with Rich, common sense for all! Also said I agree that it wasn't
the thing to do....But (also like Rich said) think how many times it's done
in a technical conference...
so how did it :)
bob
|
92.1000 | is this work-related? | JURAN::CLARK | tune up, turn on, rock out | Thu Dec 10 1992 15:17 | 1 |
| I never grabbed a .1000 at work before (or anywhere else!)
|
92.1001 | This is an old, old topic. | NAC::TRAMP::GRADY | Short arms, and deep pockets... | Thu Dec 10 1992 17:14 | 27 |
| Well, no one has indicated to me that they were the one who extracted
and forwarded my note, yet.
Posting in a public notes file is quite different from sending
a message intended to be distributed widely and without limitations.
There is no implicit permission given to forward a note simply
by the fact of its presence in a public conference. What was
done is bad form, a violation of etiquette, and, I believe, a
violation of corporate policies and procedures.
This is an old, old discussion that resurfaces regularly, and
always results the same way. I may be slightly uncomfortable
in having my words distributed to a very wide, anonymous audience,
but I am VERY unhappy that it was done without my permission and
in a rather blatant disregard for my intent.
I didn't say anything that wasn't heard by 30 or 40 other people
who were present at the meeting. But the likelihood of my words
offending someone grows geometricly with the size of the audience
who read it. The size and scope of that audience has been
dramatically broadened by this inconsiderate act. The note was
written to the audience that reads this file. I doubt Mr.
Gullotti or his predecessors read it here, but they likely read
their mail every day, as is the case with the V.P. whom I tried
to paraphrase.
tim
|
92.1002 | | CSCMA::M_PECKAR | US/UN out of Somalia! | Thu Dec 10 1992 19:26 | 15 |
|
Tim, I am looking into your claim that forwarding notes posted to public
conferences without the authors' permission is a violation of company policy.
There is a big difference between policy and courtesy, and while I agree that
accepted norms of common courtesy have been violated, I do not believe any
corporate policies have. The Moderators notesfile has been inaccessable today,
so I cannot confirm what the beef is on this.
The policy on forwarding notes from unrestricted conferences to individuals
outside DEC is clear (I think), but within our internal networks, it is not
clear at all, since policies actually make very little distinction between mail
and notes.
More to come
|
92.1003 | | ZENDIA::FERGUSON | got the Canned Heat Blues | Fri Dec 11 1992 13:15 | 6 |
| re <<< Note 92.1002 by CSCMA::M_PECKAR "US/UN out of Somalia!" >>>
^^^^^^^^^^^^^^^^^^^^^
Fog, why do you have this as a personal name?
Curious_JC
|
92.1004 | | LANDO::HAPGOOD | | Fri Dec 11 1992 13:23 | 12 |
| <<< Note 92.1003 by ZENDIA::FERGUSON "got the Canned Heat Blues" >>>
re <<< Note 92.1002 by CSCMA::M_PECKAR "US/UN out of Somalia!" >>>
^^^^^^^^^^^^^^^^^^^^^
>Fog, why do you have this as a personal name?
Yeah Fog and are you a member of the Rex Foundation?
Just a joke JC! Some one asked this a few days ago and it started
the latest debate in grateful...:)
see some note in here....it contains lots of views on Somalia.
bobo
|
92.1005 | | CSCMA::M_PECKAR | US/UN out of Somalia! | Fri Dec 11 1992 14:30 | 7 |
|
Pay attention dammit!
:-)
..and see see 91.3050
|
92.1006 | SomaliaBase? | VMPIRE::CLARK | the Gong Show | Fri Dec 11 1992 15:25 | 1 |
| Get a GRATEFULbase! ;^)
|
92.1007 | Preserve forwarding info | NECSC::LEVY | | Sat Dec 12 1992 01:14 | 10 |
| While it isn't REQUIRED to get the author's permission to forward a
note, it IS required to preserve enough forwarding information so that
the source of the mail is clear. The originators address and the
latest forwarding address should be preserved.
I got this from someone in corporate security a couple of years ago
when something came out of GRATEFUL that caused much concern.
~dave
|
92.1008 | point of view | CAADC::BABCOCK | | Sat Dec 12 1992 13:04 | 19 |
| Hi,
We had a meeting last month and got the same message about the field
keeping all the managers and getting rid of the technical people.
They told us that because they were sooo good at being managers,
especially project managers; and that all the problems were caused by
us overpaid techies; the techie had to go. As an example they said
that if you have a techie you can bill at $100, that $100 has to offset
$200 worth of overhead loading and the techie's pay and benifits ($40
to $50). So clearly, if you fire the techie you save $50. RIGHT!!
Now that you have saved that $50, THERE MAY STILL BE WORK TO DO. So
you hire a outside rent-a-head for $80. SEE,, they ARE great managers.
After this meeting, I logged into VTX and sold my stock.
Judy
|
92.1009 | | CSLALL::HENDERSON | Wrong week to quit smoking | Sat Dec 12 1992 15:16 | 12 |
|
Oy!
Jum
|
92.1010 | | VERGA::STANLEY | what a long strange trip it's been | Mon Dec 14 1992 12:58 | 1 |
| Vey
|
92.1011 | | SLOHAN::FIELDS | and we'd go Running On Faith | Mon Dec 14 1992 14:13 | 11 |
| Well Judy....DEC has changed and if this is the way to make a profit I
guess this will happen...keep in mind that a lot of "Rent-A-Heads" will
be gone by the years end....in my group we lost some DECies but not the
RAHs....it does not seem fair but DEC is no longer in the dream state
it was in a few years ago....reality has hit ! its not easy to see
friends leave but some of the RAHs are also long time co-works for me,
some over 5years....they get the job done, and some groups treated them
as if they were DECies....Im not sure you are bitter toward the RAHs
but its not them who layed off the DECies.....
Chris
|
92.1012 | Rent-A-Head viewpoint | LJOHUB::GILMORE | Shame on the Moon | Mon Dec 14 1992 14:30 | 45 |
92.1013 | | CXDOCS::BARNES | | Mon Dec 14 1992 15:17 | 9 |
| FWIW...we were told that TFSO'd employees would be replaced by RAH's.
(I think we work for "the same people" Sparky?, not sure)
Our illustrator, the ONLY one in our dept, was TFSO'd because her job
could be done "better" "dollar-wise" by a temp or by contracting the
work out.... So the message was, that your job may be more "secure"
by becoming a temp!!!! take it for what it's worth, I myself think it
was half political double speak...
rfb
|
92.1014 | Wonder who'll give it to us straight? | LJOHUB::GILMORE | Shame on the Moon | Mon Dec 14 1992 15:49 | 9 |
| It's so confusing! I was told that all contract workers were out
as of/before 12/31/92!!! (This was after I decided to take the
other job.)
I know that most of the temp secretaries in Marlboro/Hudson area
are having their contracts terminated . . .hmmmm. Guess it's
different with other positions.
sparky
|
92.1015 | | TERAPN::PHYLLIS | in the shadow of the moon | Mon Dec 14 1992 19:00 | 38 |
|
Once upon a time, an American company and a Japanese company decided to
have a competitive boat race on the Charles River. Both teams practiced
hard and long to reach their peak performance. On the big day, they
both felt as ready as they could be.
The Japanese won by a mile!
Afterwards, the American team became very discouraged by the loss and
morale sagged. Corporate management decided that the reason for the
crushing defeat had to be found. A continuous "measureable improvement
team" was set up to investigate the problem and to recommend
appropriate corrective action. Their conclusion:
The problem was that the Japanese team had 8 people rowing the
boat and one person steering, whereby the American team had one person
rowing and 8 people steering.
The American Corporate Steering Committee immediately hired a consultant
firm to do a study on the management structure. After some time and
millions of dollars, the consulting firm concluded that "too many people
were steering and not enough rowing".
To prevent losing to the Japanese again next year, the teams management
structure was totally reorganized to four Steering Managers, three Area
Steering Managers, one staff Steering Manager, and a new performance
system for the person rowing the boat to give more incentive to work
harder. "We must give him empowerment and enrichment", that ought to do
it, they felt.
The next year, the Japanese won by two miles!
Humiliated, the American corporation laid off the rower for poor
performance, sold all the paddles, cancelled all capital investments
for new equipment, halted development of a new canoe, gave a "high
performance" award to the consulting firm, and distributed the money
saved as bonuses to the senior executives.
|
92.1016 | | ZENDIA::FERGUSON | got the Canned Heat Blues | Tue Dec 15 1992 02:37 | 20 |
| Digital still has way too many mgrs. My group just went through a huge
transition. Treemon is part of my group now (that's how major it was!)!.
Anyways, we have tons of mgrs... still... 22 people got it; only 1 or 2
of those 22 were mgrs/supervisors....that is 20 engineers!!!!!!!
i believe that a mgr can easily handle 10-20 direct reports. it is time
for digital to remove some of the bullshit bureaucracy that creates a
need for so many mgrs... have you ever asked what exactly your mgr does
for a job? i think you'll find it strange, at least i do... all my
old mgr did was go to meetings, read mail, go to more meetings, get more
mail, etc...... overhead overhead overhead. that is what he dealt
with. he got sick of it and left dec... i don't blame him. some of the
jargon mgrs use at mtgs really makes me barf: "I'll take an Action Item
for that" - gagagagagaga,....
sorry for beating on mgmt again.
but when 20 engrs get hit and 2 mgmt-types, you have to wonder wtf is
going down.
jc
|
92.1017 | Ship of Fools | SUBPAC::MAGGARD | I am the Rhombus! | Wed Dec 16 1992 01:46 | 14 |
| <- have you ever asked what exactly your mgr does for a job?
Yep, shortly after I started. My direct supervisor guides my, and 3 other
engineers' and two technicians' projects. He does a good job of keeping us
research-heads on track. His boss, our 'group' leader, said this about a
month ago:
"All I do is go to meetings and answer e-mail."
They both do a fine job of managing all of us heads-in-the-sand-engineers.
So I really can't do much manager bashing from where I am...
Sorry dude ;-)
- jeff
|
92.1018 | | ZENDIA::FERGUSON | got the Canned Heat Blues | Wed Dec 16 1992 12:36 | 14 |
| re <<< Note 92.1017 by SUBPAC::MAGGARD "I am the Rhombus!" >>>
-< Ship of Fools >-
><- have you ever asked what exactly your mgr does for a job?
>
>Yep, shortly after I started. My direct supervisor guides my, and 3 other
>engineers' and two technicians' projects. He does a good job of keeping us
>research-heads on track. His boss, our 'group' leader, said this about a
>month ago:
> "All I do is go to meetings and answer e-mail."
doesn't that make you wonder if your mgr _really_ contributes to dec's
well-being?
|
92.1019 | | LJOHUB::RILEY | Namer of chaotic individuals everywhere! | Wed Dec 16 1992 16:09 | 26 |
|
My support base is diminishing! And I am the catalyst in the
erosion...
I tried to enter a reply to JC last night, and somehow the network
saved me by crashing... Anyway, Not to worry, here I am...
I am not going to make any more efforts to defend "management", the
fact of the matter is, I've learned a lot in the past few weeks that
have shed much of my naivety. Look at the facts...
What is management responsible for:
Report Card over
past 3 years:
1. Forming Strategy for Company direction Poor
2. Minimizing cost in delivering goods Poor
3. Aligning human resources w/ future direction Poor
4. Presenting goods in a positive/simple manner Poor
and so on and so on...
Hey this is GRATEFUL... I'm allowed to do a 180 ain't I???
Tree
|
92.1020 | | MRNGDU::YETTO | the future is here | Wed Dec 16 1992 16:19 | 7 |
| > Hey this is GRATEFUL... I'm allowed to do a 180 ain't I???
you most certainly are Tree. I only ask that you not do it too
quickly and certainly not when I can get caught in the crossbreeze.
:-)
|
92.1021 | | NAC::TRAMP::GRADY | Short arms, and deep pockets... | Wed Dec 16 1992 16:36 | 6 |
| >
> Hey this is GRATEFUL... I'm allowed to do a 180 ain't I???
>
You certainly are, and as often as you like...
tim
|
92.1022 | there he goes again... | ZENDIA::FERGUSON | got the Canned Heat Blues | Wed Dec 16 1992 16:46 | 16 |
| I knew I could convince ya soooner or later Treemon!! :-) :-) :-)
To some extent, perfectly good folks get sucked into the management black
hole, which is just a bunch of bureaucratic bs in this company, imo. part of
it has to do w/ our size, but, i still can't believe that we need all the
policies, rules, bs, etc to make this place tick. try to be a project
leader and deal with things like: 5X5, NPFs, DCL review board, OPRM, etc,etc,
etc. management should be changing this stuff to make it easier. the
project leaders i've worked with are _crying_ over the system!!! NO ONE
is EMPOWERED to change things!! you always have to have a committee, have
it reviewed by 100 different consultants, hire an outside firm to check it
out, do an internal review of the outside company's review,etc,etc,etc...
sorry to rag out on mgmt, but when 20 engineers get the axe and only 2 mgmt
types, i have to wonder ..............
|
92.1023 | BXC - blech... | NAC::TRAMP::GRADY | Short arms, and deep pockets... | Thu Dec 17 1992 14:08 | 9 |
| Hey MJ,
Just went over to BXC to talk to a guy about a bike for my 10-yr-old. Nice
facility. Reminds me of the last time I was in the hospital, except BXC
was a bit more sterile. ;-) ;-)
I see what you mean about the decor.
tim
|
92.1024 | | BAFFIN::CONNORS_M | | Thu Dec 17 1992 14:33 | 11 |
|
and you didn't stop in and say hello?
harumph!!!! ;-)
MJ
(I hope you wiped your feet and put on a pair of those
slippers by the door in the lobby before entering)
|
92.1025 | | JURAN::DCLARK | cherish well your thoughts | Thu Dec 17 1992 14:36 | 5 |
| I had an interview there the other day (no, I didn't stop
by because it was almost 6 when the interview ended).
Nicest thing I can say about BXC is that it's right
down the road from Idlewilde Farms. I'd drop a ton
of money there if I worked at BXC!
|
92.1026 | | BAFFIN::CONNORS_M | | Thu Dec 17 1992 14:46 | 2 |
|
AND... they have hershey w/almonds in the vending machines!
|
92.1027 | TFSO 2007... | CSCMA::M_PECKAR | Pray for snow | Thu Dec 17 1992 15:47 | 31 |
| From: CSCMA::KEEFE "I could have plowed the rear access road better with a Hoodsie spoon." 16-DEC-1992 13:24:41.44
To: hoag,m_peckar,fortin,okolita,green,maynard,arsenault,s_bush,dence
CC:
Subj: FWD: TFSO Humor....
From: CALS::DONAHUE "16-Dec-1992 1316" 16-DEC-1992 13:17:52.25
To: CSCMA::KEEFE,PROXY::P_SULLIVAN,NAGSED::LEWIS,ALLVAX::LALIBERTE
CC:
Subj: TFSO Humor....
[forwards removed]
July 7, 2007
Maynard, Mass (UPI) Digital Equipment Corporation today
announced a new severance program to continue its headcount reduction
efforts (previously referred to as down-sizing, right-sizing, correct-
sizing, capsizing, happy-sizing and Mass. Murder). The new financial
package, internally called "TFSO 34", includes a fifty-cents-off coupon
from Hardees and a bus token. Employees are wistfully recalling the
days when the package included money. The current 25% layoff will
impact 14 employees. A Digital spokesperson said that their hopes were
that the new Alfalfa chip would bring DEC back to its previous glory and
profitability. The Alfalfa chip, scheduled for release in November, has
been touted as the fastest microprocessor in the world, and also very
low in cholesterol. Company president Dan Quayle said "Digital has had
some good times and some bad times and I plan to make sure that we
continue to do that to the best of our abilities!" Digital stock reached
35 cents yesterday, a two-year high.
|
92.1028 | | EBBV03::SMITH | It all makes perfect sense | Thu Dec 17 1992 16:01 | 2 |
|
heh heh heh heh ;-)))))
|
92.1029 | | ZENDIA::FERGUSON | got the Canned Heat Blues | Thu Dec 17 1992 16:18 | 13 |
| <<< Note 92.1026 by BAFFIN::CONNORS_M >>>
^^^^^^
when i glanced at your node name real quick, i thought it was "BARFIN" - seemed
to go well with the discussion of the BXC environment!
:-)
re: fog
:-) good one mon!
|
92.1030 | | CSCMA::M_PECKAR | Pray for snow | Thu Dec 17 1992 16:23 | 7 |
|
JC, You've been living near bahston too long, mon!
Baffin is a bay where puffins and penguins pahty...
:-)
|
92.1031 | | EBBV03::SMITH | It all makes perfect sense | Thu Dec 17 1992 16:28 | 2 |
|
I thought it was Barfin too....had to do a double take
|
92.1032 | | CSLALL::HENDERSON | gohangasalamiimalasagnahog | Thu Dec 17 1992 17:24 | 10 |
|
Re .1026
I'm on my way :-)
Jum
|
92.1033 | | STUDIO::IDE | Can't this wait 'til I'm old? | Thu Dec 17 1992 17:43 | 5 |
| It's the VOMIT cluster: BARFIN, SPEWIN, and HURLIN.
Hey, my first techno-dweeb joke. :-)
Jamie
|
92.1034 | | ISLNDS::CONNORS_M | | Thu Dec 17 1992 17:55 | 4 |
|
burp...
|
92.1035 | smeeeeeeeeeeeeeeeeeeeellly!!! | ZENDIA::FERGUSON | got the Canned Heat Blues | Thu Dec 17 1992 20:15 | 4 |
|
fart...
|
92.1036 | Keep an eye out for that alter ego! | LJOHUB::GILMORE | Shame on the Moon | Fri Dec 18 1992 12:01 | 53 |
| I'm sitting here at my desk on my last day reflecting. I'd put
this in one of the "goodbye" notes, but I'm not leaving GRATEFUL,
I'm leaving DIGITAL.
I remember my first job at DEC. I was 17, just graduated from
high school and on my way to college. I'd been around DEC for
the greater part of my life thanks to mom, so it didn't seem
unnatural for me to get a temp job for the summer at the Mill.
I remember going home for lunch . . . I'd go home, play with
our four new kittens, hang out and then go back to work.
I remember my mom telling me about this notesfile and how excited
I was. And then getting my head "ripped off" for asking how to
get into Grateful in the easynet_conferences note (OOOOooops!!!),
and then having someone really nice help me out (I think it was
Geoff Keller, but I can't quite remember!) and get me into this
highly addictive file.
Mostly, I remember what it was like to work for DEC 5 years ago.
Even though there were already the signs of too many managers (I
distinctly remember this one who used to play cards all day), the
morale was still unbelievably high. Digital was *the* company to
work for. I felt priviliged to have the opportunity to have a
foot in the door.
I have no firsthand knowledge of what it's like to truly work for
DEC. I've watched people close to me who have worked for this
company for 10+ years lose their jobs, as I've watched others
whom should have been let go stick around to finish their card
games. It saddens me that a company once so powerful and motivating
has come to where it is today. A lot of mistakes were made in the
past and now DEC is feeling their reprocussions (sp?). I'd always
hoped to get a permanent job here because it was once such a great
company to work for.
DEC *is* still a good company. The people here are _real_ (for the
most part), and I've made some very close friends while temping here.
And who knows, I may be back . . . but I hope that maybe it'll be
when/if the company turns itself around. I will miss this environment
but I know the safest thing for me to do is leave. I need a bit more
security (considering there's rumor that all temps are out in January)
than can be offered here.
I wish everyone in this file the best of luck. There's still a lot
of rough road ahead . . . be strong, go forward and keep your spirits
up. This company has taught me a great deal besides computers, and
I'm glad I've had the opportunity to work for so many different parts
of it in the past 5 years.
:)sparky_rambling
|
92.1037 | | ZENDIA::FERGUSON | got the Canned Heat Blues | Fri Dec 18 1992 12:09 | 4 |
| Good luck sparky at your new job! Will be be connected to the network at all?
See ya at Ronnie and Slipknot gigs....
jc
|
92.1038 | New job's only 12 minutes from home!!! YAY! | LJOHUB::GILMORE | Shame on the Moon | Fri Dec 18 1992 12:16 | 7 |
| Hey JC!
You'll DEFINITELY see me at Ronnie & Slipknot gigs!
You'll also be hearing from me . ..
;^} sparky_thinkin'_'bout_Chris'_alter_ego
|
92.1039 | | TERAPN::PHYLLIS | in the shadow of the moon | Fri Dec 18 1992 12:25 | 7 |
|
Good luck Sparky! I'm sure I'll see you around the next time I'm up in
Mass.
peace,
Phyllis
|
92.1040 | | ISLNDS::CONNORS_M | | Fri Dec 18 1992 12:42 | 4 |
|
Best of Luck to you Sparky.
MJ
|
92.1041 | Good luck! | CSLALL::HENDERSON | gohangasalamiimalasagnahog | Fri Dec 18 1992 12:54 | 14 |
|
Adios, Sparky....sure I'll see ya around.
Jum
|
92.1042 | | SALEM::BURNS | world peace begins at home :^) | Fri Dec 18 1992 12:59 | 5 |
| best of luck, Sparky!
see you down the road.
enjoy,Andy
|
92.1043 | | SCOONR::GLADU | | Fri Dec 18 1992 13:05 | 11 |
| As mentioned in the trail name note, my last day is March 19. Out of
all 365.4 days in a year, they couldn't have picked a better day to
let me go. :-)
I was also told that I'm due for a promotion to Senior Info Systems
Specialist next month. Hopefully that'll include a raise to boost
up my severance pay.
ger
ps - good luck, Jen!
|
92.1044 | Good luck | CX3PT1::CX3COM::SMITH | | Fri Dec 18 1992 13:14 | 7 |
|
Good luck in every thing you do or even try!
If you get back to Colorado give a holler and we can get together for
another beer.
Divide Dave
|
92.1045 | good raise vibes your way ~~~~ | LJOHUB::GILMORE | Shame on the Moon | Fri Dec 18 1992 13:15 | 10 |
| Hey Ger! Grate news on your promotion!
re: March 19th
is this your bday? Or another special day?
Thanks for the good luck all . . . but no goodbyes!!!! :)
sparky
|
92.1046 | | NAC::TRAMP::GRADY | Short arms, and deep pockets... | Fri Dec 18 1992 13:23 | 7 |
| Hey Ger,
March 19 is my start date with DEC! Your last day will be my 14th anniversary, assuming
of course, that I'm not laid off along with you...
tim
|
92.1047 | | SCOONR::GLADU | | Fri Dec 18 1992 13:23 | 7 |
| >re: March 19th
>
>is this your bday? Or another special day?
neither... just damn good, pinpoint timing. :-)
ger
|
92.1048 | | SCOONR::GLADU | | Fri Dec 18 1992 13:25 | 1 |
| FWIW, I think my 13th anniversary is around there somewhere as well.
|
92.1049 | see ya around! | BUSY::IRZA | as wicked as it seems | Fri Dec 18 1992 13:48 | 4 |
|
lots-o-luck sparky!
^dave
|
92.1050 | | TERAPN::PHYLLIS | in the shadow of the moon | Fri Dec 18 1992 14:17 | 4 |
|
Well, after 13 years, they knew to check the tour schedule! ;-)
|
92.1051 | | SSGV02::GPEACE::Strobel | expecting something witty? | Fri Dec 18 1992 16:13 | 1 |
| good luck Sparky!!!!!
|
92.1052 | See ya! | SUBPAC::MAGGARD | I am the Rhombus! | Fri Dec 18 1992 18:04 | 6 |
|
Take care of yourself, and your man, there Sparkosaurous!!!
And I *WILL* be seeing you at Slipknot shows.
- jeff-their-newest-fan
|
92.1053 | Bye! | CSCMA::M_PECKAR | Pray for snow | Fri Dec 18 1992 18:49 | 3 |
| Sparky, Until we meet ag, um, er. Until we meet!
:-)
|
92.1054 | Palmer memo Du Jour | CSCMA::M_PECKAR | Pray for snow | Tue Dec 22 1992 17:37 | 360 |
| From: CSCMA::CHASE "Maryann Chase DTN:237-7317 22-Dec-1992 1313" 22-DEC-1992 13:15:29.19
To: M_SNA
CC: CHASE
Subj: FYI - Corporate reorg....
From: NECSC::ROODY "Chronologically Challenged - DTN 237-7122" 22-DEC-1992 13:06:33.00
To: CHASE
CC:
Subj: New Corporate org - I heard it here first!
(many, many forwards deleted)
From: NAME: BOB PALMER
FUNC: PRESIDENT AND CEO
TEL: 223-6600 <PALMER.BOB AT A1 at CORA @
CORE>
Date: 22-Dec-1992
Posted-date: 22-Dec-1992
Precedence: 1
Subject: BUSINESS UNIT RESTRUCTURING ANNOUNCEMENT
1
To: See Below
CC: See Below
**********************************************************************
Please distribute throughout your organization
**********************************************************************
On my first day as President of Digital Equipment Corporation, I said
Digital will change. That was nearly three months ago, and I know
you
have been wondering when the change would be evident.
I have been working with our senior managers to reach decisions that
will serve as a foundation for our return to profitable growth and
create a business model that makes the customer the primary focus of
everything we do. Today, I will make you aware of the decisions we
have reached to date and emphasize, as I have before, that our
transformation will take time. There are always many details to work
out in making changes of this magnitude, but my message today is
about
the direction we are taking.
I am pleased to announce the formation of nine Business Units. We
have
named managers for five of the units, acting managers for two, and
will
soon announce two managers we have hired from outside Digital. Our
intention is to build on Digital's traditional culture of
entrepreneurial spirit and openness by adding more accountability,
discipline, and responsibility to our Company. The Business Unit
Managers will report to me as I take a more active role in our
day-to-day operations. All the managers, including those in acting
roles, have full authority and should have everyone's complete
support.
The nine Business Unit managers and their Business Units are:
Larry Cabrinety, Vice President, Components and Peripherals
Charlie Christ, Vice President, Storage
Frank McCabe, Vice President, Discrete Manufacturing & Defense
John Rando, Vice President, Multivendor Customer Services
Willow Shire, Vice President, Health Industries
Bruce Ryan, Vice President and Acting Manager, Financial,
Professional
and Public Services
Mike Thurk, Vice President and Acting Manager, Communications,
Education and Entertainment
Vice Presidents for the Personal Computer and the Consumer and
Process
Manufacturing business units have been hired and will be announced
shortly.
Five of the nine are Customer Business Units defined by natural
groupings of industries. The remaining four are defined by the
nature
of their products and services.
In addition, Senior Vice President Win Hindle has accepted
responsibility for our Office of Ethics and Business Practices. In
this position, Win will focus on the needs of our customers and our
global business practices to assure our compliance with the letter
and
spirit of the law in each country where we do business. His work
will
ensure that the behavior of Digital's management team exemplifies our
core values and our highest standards of business ethics. In
addition,
Win will provide leadership in our effort to integrate a total
quality
management philosophy into everything we do.
The decisions we have made to date in our Senior Management Woods
meetings are:
o The Business Units will be responsible for all of
Digital's profit and loss and will fund all other
worldwide work activities. We will manage the Company
through the Business Units in FY94 and beyond.
Let me emphasize that running the Corporation by Business
Units is a fundamental change, not something we are laying
on top of our existing organization. The Business Units
will be responsible for understanding customer needs and
providing product and services that meet those needs with
maximum responsiveness and minimal infrastructure.
o The purpose of the five Customer Business Units is to
rapidly increase our share of the solutions business in
their assigned industries. Our Sales and Service account
teams will be mapped to the Customer Business Units.
o Sales and Service activities will be managed in geographic
territories. The funding of territory resources will be
done by Business Unit managers. The Business Unit
managers will in turn contract with the territory managers
for the allocation and distribution of resources based on
customer needs and affordability.
o We are well underway with a process to rationalize our
engineering investments, and we have already provided
preliminary information to our sales force and to
employees via LiveWire. Further information will be
shared as it becomes available.
I know this has been a difficult year in Digital's history, and our
journey is far from over. We will continue to focus on preserving
as many jobs as possible within the boundary conditions of
returning the company to profitability and retaining work
activities that add real value, as seen by our customers.
As the calendar year ends, I hope you will enjoy time with your
families and friends, and prepare to return to work re-energized
and committed to fully participate in the transformation of our
company.
My thanks for your contributions in 1992 and my best wishes for a
safe and happy holiday season.
APPENDIX - BUSINESS UNIT DESCRIPTIONS
Following are outlines of the business unit missions and the
industry segments they will serve. The investment focus within the
business units will be on industries where Digital can be first or
second in market share or which exhibit opportunities for
significant revenue growth. The Business Units will continue to
provide products and services to customers in all industries in
their portfolios.
The mission of the Customer Business Units is to understand
the needs of the customer and meet those needs by providing
superior products, services, and solutions more effectively
than our competitors.
Business Unit o Discrete Manufacturing & Defense
Industry Segments o automotive, aerospace, electronics
and defense
Manager, biography o Frank McCabe, 56, has spent the
past 13 years with Digital in a
series of senior management
positions, most recently as Vice
President, Global Information
Systems. McCabe holds a
bachelor's degree in Mechanical
Engineering and Electrical
Engineering from University
College in Dublin, Ireland, and a
master's degree from Clarkson
College. He spent 13 years with
General Electric prior to joining
Digital.
Business Unit o Health Industries
Industry Segments o health care, health insurance,
pharmaceuticals, social security,
and government hospitals.
Manager, biography o Willow Shire, 44, has spent the
last 16 years with Digital in a
series of senior management
positions most recently as Vice
President, Healthcare Business
Unit. She holds a bachelor's
degree from Boston University and
a masters in Clinical Psychology
from Harvard University. In
addition, Willow attended the
program in International
Management at INSEAD.
Business Unit o Financial, Professional and Public
Services
Industry Segments o banking, insurance (except
health), software and data
services, architecture,
engineering and construction,
public administration and other
professional services.
Manager, biography o Bruce J. Ryan, 49 (acting
manager), joined Digital in 1969
and has held a variety of senior
financial management positions,
most recently as Corporate
Controller. Bruce was appointed a
vice president in 1986. He
received a bachelor of science
degree in Business Administration
from Boston College in 1965 and a
master's from Suffolk University
in 1966. Prior to joining
Digital, Ryan worked in finance
for GTE/Sylvania.
Business Unit o Communications, Education and
Entertainment
Industry Segments o telecommunications, education,
cable television, media and
entertainment industries.
Manager, biography o Michael C. Thurk, 40 (acting
manager), joined Digital in 1980
as a product manager for
DECnet-VAX in Mid-range Systems.
He went on to management positions
in software and networks and was
named Vice President of Networks
Engineering in 1991. Before
joining Digital, Thurk was with
GTE's Electronic Systems Division.
He holds a Bachelor of Science
degree in Computer Science from
Purdue University and a master's
in Business Administration from
Babson College.
Business Unit o Consumer & Process Manufacturing
Industry Segments o travel and transportation, retail/
wholesale, consumer packaged
goods, chemical, utilities,
environment, oil and gas,
forestry, mining metals and glass
Manager o To be announced shortly
Business Unit o Components and Peripherals
Mission o Generate aggressive volume and
profit growth for Digital's
printers, terminals and related
products by increased share on
Digital's traditional base and
expansion off-base. Focus on
growing the TOEM control and test
module business.
Manager, biography o Lawrence P. Cabrinety, 61, joined
Digital in 1984 and has held a
series of senior management
positions in manufacturing and
engineering. Since 1990 he has
been Vice President, Video, Image
and Print Systems. Cabrinety
holds a bachelor's degree in
Chemical Engineering from Clarkson
College and a master's in
Engineering Administration from
Syracuse University. Prior to
joining Digital, Cabrinety spent
four years with Control Data and
16 years with IBM.
Business Unit o Storage
Mission o Providing storage components and
systems to high-volume OEM
customers and industry
distributors and Digital's own
systems sales.
Manager, biography o Charles F. Christ, 53, joined
Digital in 1990 and has served as
Vice President, Mass Storage. His
career includes 20 years with
Xerox Corporation, where he held a
series of senior engineering and
manufacturing management
positions. Christ holds a
bachelor's degree in Industrial
Engineering from General Motors
Institute and an MBA from Harvard
University.
Business Unit o Multivendor Customer Services
Mission o To develop and manage the business
of multivendor predictive and
preventive maintenance and
advisory support services for
software and hardware, sold
through all channels that maintain
or increase market share and
profit by anticipating and meeting
evolving customer needs.
Manager, biography o John J. Rando, 40, has been with
Digital since 1976, in a variety
of services management positions,
most recently as Vice President,
Digital Product Services. Rando
holds bachelor's and master's
degrees in Computer Sciences and
Business from Boston College, and
an MBA from Northwestern
University.
Business Unit o Personal Computer
Mission o Establish Digital as a growing and
profitable participant in the
personal computer business.
Manager o To be announced shortly
To Distribution List:
(big time names deleted)
------- End of Forwarded Message
|
92.1055 | Novell to purchase Unix Sys. Labs | SSGV02::GPEACE::Strobel | expecting something witty? | Tue Dec 22 1992 17:59 | 3 |
| Novell has signed a letter of intent to purchase Unix Systems Labs from AT&T
for $350 million in a stock swap. Looks like the folks in Utah are serious
about butting head with Microsoft & NT
|
92.1056 | bfd | NAC::TRAMP::GRADY | Short arms, and deep pockets... | Tue Dec 22 1992 18:15 | 8 |
| Unix, like VMS, is dead.
Portability is a nice concept, but it was only a matter of
time before the many, many, many shortcomings of this
antiquated and arcane Operating System caught up with it.
In five years, it'll be no more significant than TOPS-20.
tim
|
92.1057 | Man, I just bummed myself WAY bigtime... | SUBPAC::MAGGARD | I am the Rhombus! | Tue Dec 22 1992 18:23 | 36 |
| re: Palmer memo
They teach in b-school that when you organize by small 'self-sufficient'
business groups you gain the ability to adapt and shift quickly to changing
markets. (which is an ability that DEC lacks right now, IMNO).
^
L__ 'newly-hired'
;-)
However, when a company does this they lose financial efficiency because
they need more overhead to perform all the standard management activities
for the individual groups -- rather than having all the decision making and
bookkeeping etc. under one roof.
The justification is that this is reasonable in a high value-added industry
where time to market is THE priority. I'm sure it was a fairly easy call
for Bob and the gang over in Maynard.
But the problem is that moves such as this are ususally done when a company
has the extra finances to fund the shift, since severe structure changes
have a high cost (as Bobbb and GerG have already pointed out). This is a
sink or swim move!
While a drastic structure/strategy shift like this might be good for an
company such as ours which can no longer rely on its main-frame computers as
it's bread and butter, you can probably guess what'll happen next...
...looks to me like they've found a use for some more 'extra' managers...
>8-(
- jeff-who's-just-another-insignificant-engineer-...
|
92.1058 | | SPOCK::IRONS | | Tue Dec 22 1992 18:43 | 14 |
| > <<< Note 92.1056 by NAC::TRAMP::GRADY "Short arms, and deep pockets..." >>>
> -< bfd >-
>
>Unix, like VMS, is dead.
I've always tended to agree with this. If you look at the
misc.job.offered newsgroup on the net, all you see is UNIX this and
UNIX that! I hate UNIX/ULTRIX! I took the user and system manager
courses but always seemed to stay away from it because it sucks from a
user and management sense. It's fast though. Maybe this is the reason
so many companies are looking for people with Unix experience: Nobody
likes it if they have to support it!
dave
|
92.1059 | | TERAPN::PHYLLIS | in the shadow of the moon | Tue Dec 22 1992 18:47 | 14 |
|
I think it's a positive move (finally). We need to be aligned by
industry.. that's how our customers are aligned - it's the only way
that makes sense. Business Units are clearly set up by industry.. no
more zip code management!! (Note Zereski's name is nowhere to be found
on the memo) Now if they would just put the industry vps in place (the
guys who report to the CBU heads) we could get the ball rolling..
It shouldn't really cost that much money to reset the systems - we've
BEEN organized by industry. The past few months have been such a mess
because we'd been trying to go back to geographies and away from
industries. What this says to me is that that shift stops now.
|
92.1060 | Computer Commentary... | NAC::TRAMP::GRADY | Short arms, and deep pockets... | Wed Dec 23 1992 12:37 | 31 |
| Re: Unix.
Like most older operating systems, IMHO Unix is reaching the
limits of its ability to be extended to meet new technologies.
It's older than VMS, or any other Commercial Operating
System (except OS/2 a.k.a. MVS). It was designed as a
toy, and only became portable as an afterthought (it was
originally written in assembler, on the PDP-12 I think).
It was only converted to PDP-11 C later (early 70's?).
Nice thought, though. Multics, developed by the MIT project
MAC in the 60's, and upon which most of the original Unix
system was conceptually based, was a leading edge technology
for the time...but as all of us here know well, it ain't the
60's anymore...;-)
Re: Vertical market alignment.
Definitely necessary. IMHO, the problem becomes integrating
the vertical market orientation of the Business Units with the
horizontal market orientation of the product development
and support functions within DEC. We had the same problems
with previous organizational models, like the old Product
Lines. We were never good at it, but we used to have the
high margins to be able to absorb the high overhead. It's
gonna be innerestin'...
It's easier with the PC Business Unit, but that's
not a Vertical Market, like, e.g. Healthcare. It's hard
to make this integration efficient.
tim
|
92.1061 | | SSGV02::GPEACE::Strobel | expecting something witty? | Wed Dec 23 1992 15:17 | 3 |
| One thing the USL/Novell deal might do is Microsoft an argument against any
FTC proposal to break them up (valid or not). What is could also do, at least
in the near term is toast firms like SCO and give Sun headaches
|
92.1062 | | STAR::HUGHES | Captain Slog | Wed Dec 23 1992 16:23 | 26 |
| re .1060
FWIW, the first Unix was implemented on a PDP-7. It was sitting in the
corner of a lab, unused. Ritchie et al wanted to write a video game for
the 7's graphics display, but thought DEC's 'Keyboard Monitor' O/S was
bogus...
I don't recall the dates, but the 11 came next followed by some 32 bit
ports (Interdata first, then VAX). I have the issue of the BSTJ at home
that has all this stuff in it, if anyone really wants to know. I hacked
around with the '6th edition', when the distribution was simply a dump
of the master pack at a given date. Bell were not allowed to be a
software vendor at that time, so they avoided doing anything to make
Unix look like a product. Some of the build files were squirrelled away
in /user/kenj as I recall.
re Novell
I went to their UnixWare announcement training a few weeks ago (ok,
technically it is Univel's, but Novell are the principal owner of
Univel). They've taken SVR4 and added their IPX/SPX code and other
stuff to make UnixWare systems look and feel like any other NetWare
node. Certainly looks like they are gearing up to push NetWare as the
'open' desktop-to-mainframe solution, trying to get the jump on NT.
gary
|
92.1063 | | LASSIE::TRAMP::GRADY | Short arms, and deep pockets... | Wed Dec 23 1992 16:27 | 9 |
| gary,
Thanks - I knew it was one of the non-mainstream, early PDP's, but I
couldn't recall exactly which...it wasn't the PDP-8, PDP-10 or PDP-11.
It was slick for the time, but it was a long, long time ago.
Sigh.
tim
|
92.1064 | | LANDO::HAPGOOD | | Tue Dec 29 1992 12:38 | 8 |
| Unix will die when someone decides to make something else that is
fairly cheap and easy to hack (unlike most proprietary OS's ... NT too????).
Until then we'll have something like Unix.
Just my opinion. I think it'll be here in one form or another longer
than you all seem to think.
bob
|
92.1065 | 25 years is a long time for an O/S... | LASSIE::TRAMP::GRADY | Short arms, and deep pockets... | Tue Dec 29 1992 13:45 | 6 |
| >Just my opinion. I think it'll be here in one form or another longer
>than you all seem to think.
It already has. ;-)
tim
|
92.1066 | not the most user friendly environment, but who needs friends?? | SMURF::PETERT | | Tue Dec 29 1992 14:34 | 9 |
| Far be it from me to denigrate Unix and it's many offshoots. Right now
it's helping pay for the house. and the car, and the kids, and the....
While NT may well be something that gains wide acceptance, Unix will
probably still be around for a long while. At least, one can hope
so ;-)
PeterT
|
92.1067 | on vtx | CSCMA::M_PECKAR | Pray for snow | Wed Dec 30 1992 17:51 | 3 |
|
Zareski just announced his resignation...
|
92.1068 | livewire | SLOHAN::FIELDS | and we'd go Running On Faith | Wed Dec 30 1992 18:05 | 27 |
| digital Worldwide News LIVE WIRE
Don Zereski resigns from Digital
Vice President Don Zereski has resigned from Digital and will leave
the
company at the end of the month. Don plans to consult with companies
interested in creating or expanding their international or services
business.
Don joined Digital in 1962. During his career with the company, he
held a
succession of management positions in Sales and Customer Services,
Engineering, Manufacturing and Product Support. He was responsible
for
establishing many of Digital's international subsidiary operations in
the
Pacific Rim, Latin America and in developing countries. In 1983, he
was
transferred to Europe where he was responsible for Field Service,
after-market sales and distribution of Digital's products. In 1985
he
became vice president of Worldwide Customer Services and in 1989 he
was
named vice president, U.S. Area.
|
92.1069 | some more news | SLOHAN::FIELDS | and we'd go Running On Faith | Wed Dec 30 1992 18:25 | 28 |
| (Forwards deleted.)
From: NAME: RUSS GULLOTTI @MKO
FUNC: DIGITAL SERVICES
TEL: 264-6209 <GULLOTTI AT A1 at WOODRO at
MKO>
Date: 29-Dec-1992
Posted-date: 29-Dec-1992
Precedence: 1
Subject: FAREWELL
1
To: See Below
CC: See Below
On December 31, Jay Atlas, Harry Eisengrein, Bud Keating, Ron
Eisenhower, and Bob Long will be leaving Digital.
Many of you have worked closely with each of them over the
years and know the contributions they have made to Digital
and, specifically, the U.S. organization. I know you will
want to join me in wishing them well in their new endeavors.
I want to personally thank each of them for their years of
service to the company.
|
92.1070 | | LASSIE::TRAMP::GRADY | Short arms, and deep pockets... | Thu Dec 31 1992 05:29 | 5 |
| What a coincidence. Six V.P.'s all resign at once, with 48 hours'
notice. Amazing.
tim
|
92.1071 | simple math | MILKWY::SAMPSON | Driven by the wind | Thu Dec 31 1992 11:40 | 4 |
| let's see 48 / 6 = 1 every 8 hours.
How many do we have left??
|
92.1072 | | SLOHAN::FIELDS | and we'd go Running On Faith | Thu Dec 31 1992 11:59 | 4 |
| from the rumors Ive heard we might see some more before the days over.
Chris
|
92.1073 | ...from the rumor mill | NECSC::LEVY | Takes alot to win, even more to lose | Thu Dec 31 1992 12:38 | 28 |
| Date: 31-DEC-1992 09:34:49.94
From: CSCMA::CSCMA::MACVICAR "Customer Support Center - dtn 237-7041 31-Dec-1992 0933"
Subj: Here is more mail about VP's leaving...
[forwards removed]
Here is the list of VP's that got hit last Friday. From a good
source.
Jay Atlas
Don Zereski
Bill Hanson
Mervin Lackey
John Simms
Roseanne Giordano
Lou Gaviglia
<> Kent
John Alexanderson
Bill Johnson (BJ)
Ron Payne
Peter Smith
Peter Zotto
Dan Infante
If you want to circulate please feel free.
Pat
|
92.1074 | PERSONNEL POLICY CHANGES | SLOHAN::FIELDS | and we'd go Running On Faith | Thu Dec 31 1992 13:03 | 432 |
| From: USWAV4::USWAV4::MRGATE::"MROMTS::NROMTS::MRGATE::NEST::DICS_DIST" 31-DEC-1992 08:42
To: @Distribution_List
CC:
Subj: ADVANCE NOTICE OF PERSONNEL POLICY CHANGES
From: NAME: DICS_DIST <DICS_DIST@NEST@MRGATE@NROMTS@NRO>
To: See Below
***********************************************************************
THIS MEMORANDUM IS FROM JACK SMITH, SENIOR VICE PRESIDENT OF OPERATIONS
***********************************************************************
TO: ALL PERSONNEL POLICY MANUAL HOLDERS
We have carefully reviewed our current Personnel Policies to identify
changes that enable us to achieve essential cost savings for the
company with minimum negative impact on employees. We considered many
alternatives in our review and selected only a few. As a consequence,
the Executive Committee has approved changes in the Standby Pay,
Call-In Pay, Daily Overtime, and Vacation Accrual policies.
We wanted to inform you of these changes as soon as possible so that
you could make plans accordingly. The following information highlights
the Personnel Policy changes. Personnel will provide a full text of
these revisions in the regularly scheduled update of the U.S. Personnel
Policy Manual at the end of January 1993. The updated information will
also be available on VTX at that time. The following identifies the
major changes to those policies.
POLICY NAME: STANDBY PAY
IMPLEMENTATION TIMETABLE: EFFECTIVE END OF JANUARY 1993.
HIGHLIGHT #1 - STANDBY PAY WILL CONTINUE TO BE PROVIDED ONLY TO
ELIGIBLE EMPLOYEES ENGAGED IN EXTERNAL CUSTOMER SERVICES WORK.
HIGHLIGHT #2 - EXCEPTIONS TO ELIGIBILITY CRITERIA DEFINED IN THE
POLICY WILL REQUIRE WRITTEN APPROVAL BY A STRATEGY COMMITTEE LEVEL VICE
PRESIDENT.
****PLEASE SEE ATTACHMENT FOR MORE DETAIL****
POLICY NAME: CALL-IN PAY
IMPLEMENTATION TIMETABLE: EFFECTIVE END OF JANUARY 1993.
HIGHLIGHT #1 - FOUR (4) HOURS GUARANTEED CALL-IN PAY WILL ONLY BE
PROVIDED TO ELIGIBLE EMPLOYEES ENGAGED IN EXTERNAL CUSTOMER SERVICE
WORK. ALL OTHER HOURLY EMPLOYEES CALLED INTO WORK WILL RECEIVE PAY
ONLY FOR HOURS WORKED.
HIGHLIGHT #2 - ELIGIBLE EMPLOYEES MAY COLLECT CALL-IN PAY WITHOUT
BEING ON STANDBY STATUS.
HIGHLIGHT #3 - ELIGIBLE EXEMPT EMPLOYEES WILL BE PAID AN HOURLY RATE
WHEN CALLED IN.
HIGHLIGHT #4 - THE REQUIREMENT TO TRAVEL TO A CUSTOMER/DIGITAL SITE IS
ELIMINATED.
HIGHLIGHT #5 - EXCEPTIONS TO ELIGIBILITY CRITERIA DEFINED IN THE
POLICY WILL REQUIRE WRITTEN APPROVAL BY A STRATEGY COMMITTEE LEVEL VICE
PRESIDENT.
****PLEASE SEE ATTACHMENT FOR MORE DETAIL****
POLICY NAME: DAILY OVERTIME
IMPLEMENTATION TIMETABLE: EFFECTIVE JULY 1993.
(TO ENABLE BOTH THE BUSINESSES AND EMPLOYEES TO MAKE NECESSARY
ADJUSTMENTS.)
HIGHLIGHT #1 - ELIMINATE PAYMENT OF DAILY OVERTIME, (HOURS IN EXCESS OF
8 PER DAY), EXCEPT FOR ALASKA, CALIFORNIA, FLORIDA, IDAHO, AND NEVADA
WHERE IT IS REQUIRED BY LAW.
HIGHLIGHT #2 - CONTINUE PAYMENT OF OVERTIME FOR TIME WORKED OVER 40
HOURS A WEEK.
HIGHLIGHT #3 - EXCEPTIONS FOR SPECIFIC WORK GROUPS NEEDING TO MEET
MISSION CRITICAL WORK REQUIRE EXECUTIVE COMMITTEE LEVEL VICE PRESIDENT
APPROVAL.
POLICY NAME: VACATION
IMPLEMENTATION TIMETABLE: EFFECTIVE JANUARY 1994 (TO ENABLE EMPLOYEES
TO GRADUALLY REDUCE ACCRUED AND UNUSED VACATION TO THE NEW MAXIMUM)
HIGHLIGHT - EMPLOYEES MAY ACCRUE VACATION HOURS UP TO A MAXIMUM OF ONE
TIMES THEIR ANNUAL ALLOTTED VACATION. THE CURRENT POLICY ALLOWS
ACCRUAL UP TO A MAXIMUM OF TWO TIMES THEIR ANNUAL ALLOTTED VACATION.
We recognize that these required changes will have an impact on
employees in the near future. We hope you understand the need for
these changes in the context of the current business environment and
the company's need to be competitive. We thank you for your continuing
cooperation. You are an essential part of our efforts to return to
profitable growth.
STANDBY COMPENSATION
SCOPE: U.S.
PHILOSOPHY:
|It is Digital's intent to respond to emergency external customer
needs during non-working hours and to provide appropriate
compensation to employees who are required to be available to meet
those needs.
POLICY:
Standby compensation is provided to employees who are required to
limit their off-duty activities and be on call and available to go
to work on short notice.
Employees are assigned to standby status for specific periods of
|time that are approved in advance and are restricted to external
|customer related activities, only:
|
|Examples:
|
|o External customer contract requirements.
|
|Employees who are required to report to work during off duty hours
|to perform emergency or pre-scheduled work, but are not required
|to limit their off-duty activities, should not be placed on
|standby status. However, they may be eligible for compensation
|under the provisions of Personnel Policy 3.15, Call-In Pay.
When business needs change, and the employee is no longer required
to be on call, the employee will be taken off standby status and
will no longer receive standby compensation.
PRACTICE:
ELIGIBILITY:
|In order for an employee to be assigned to standby status, s/he
|must meet all of the following criteria:
|
|A. Must be classified in a customer service job code, per
| attached job code list.
|
| o Any exceptions to this eligibility criteria must have
| written approval from a Strategy Committee level Vice
| President.
|
|B. Must be at a first level manager or below, per attached job
| code list.
|C. Must be a Regular (R01-40) employee.
D. Must be specifically assigned to standby status in advance.
E. Must be assigned to standby status for eight hours or more in
any one week.
F. Must not be assigned or paid for standby on a day when s/he
reports sickness, vacation, jury duty, death-in-family or
personal time off, or leave of absence.
COMPENSATION:
Employees are paid an amount equal to one hour of straight time for
each eight (8) hours or fraction thereof, that they are on standby.
Example:
An employee with a base rate of $10.00 per hour is on standby
for 12 hours Monday through Friday and 24 hours on Saturday.
DAY HOURS ON STANDBY HOURS PAID FOR STANDBY
Monday 12 Hours 2 Hours
Tuesday 12 Hours 2 Hours
Wednesday 12 Hours 2 Hours
Thursday 12 Hours 2 Hours
Friday 12 Hours 2 Hours
Saturday 24 Hours 3 Hours
Total 84 Hours 13 Hours
In this example, the employee would receive two (2) hours of
standby pay for each twelve (12) hours on standby, because we
pay the (1) hour of standby pay for every eight (8) hours or
fraction thereof that the employee is on standby.
Special Provision for Wage Class 2 & 3 Employees:
Standby pay for Wage Class 2 & 3 employees will be included in
the employees regular pay rates for the purpose of computing
overtime pay when appropriate.
|The following job codes are eligible for Standby Pay:
|
|Job
|Code Title
|
|Services/Support
|
|Individual Contributor Job Codes:
|2402 Customer Responses Rep
|2403 Lead Customer Response Rep
|2405 Customer Services Account Admin 1
|2407 CSC Call Screening Spec
|2408 Sr SCS Call Screening Spec
|240A Customer Services Engineer 1
|240B Customer Services Engineer 2
|240C Customer Services Engineer 3
|240D Customer Services Engineer 4
|240G RDC Engineer 1
|240H RDC Engineer 2
|240I RDC Engineer 3
|240J RDC Engineer 4
|240L Repair Center Tech 1
|240M Repair Center Tech 2
|240N Repair Center Tech 3
|240P Repair Center Engineer 1
|24CA Systems Support Engineer 1
|24CB Systems Support Engineer 2
|24CC Support Engineer 1
|54A2 Software Systems Specialist 1
|54AB Software Systems Specialist 2
|54AC Software Systems Specialist 3
|54AD Software Systems Specialist 4
|54AE Software Systems Consultant 1
|54AF Software Systems Consultant 2
|
|First level Manager Job Codes:
|24CM Service Delivery Support Mgr 1
|24DD Call Management Center Supervisor
|54AL Services/Support Mgr 1A
|54AM Services/Support Mgr 1B
|54AN Services/Support Mgr 1C
Reference Materials:
Personnel Policy 3.15, Call-In Pay
Personnel Policy 4.01, Holidays
Salary Management Manual
CALL-IN PAY
SCOPE: U.S.
PHILOSOPHY:
Digital believes that employees should be compensated for
responding to emergencies during non-work hours that represent a
significant intrusion into the employee's off-duty hours where the
employee has no ability to control or manage the circumstances.
POLICY:
|Digital provides Call-In Pay to certain employees when they
|perform unscheduled work for external customers during their
|regular off-duty hours.
PRACTICE:
ELIGIBILITY:
|Employees who receive Call-In Pay must meet all of the following
|criteria:
|
|A. Must be classified in a customer service job code per attached
| job code list.
|
| o Any exceptions to this eligibility criteria must have
| written approval from a Strategy Committee level Vice
| President in advance.
|
|B. Must be at a first level manager or below per attached job
| code list.
C. Must be a Regular (R01-40) employee.
D. Must be required to perform the work by his/her manager or
supervisor.
|Employees are not required to be on Standby.
COMPENSATION:
|Exempt employees (Wage Class 4) eligible for Call-In Pay will be
|compensated for actual time worked as follows:
|
| o Paid at a rate equivalent to the employee's weekly salary
| divided by his/her regular weekly hours (e.g. an exempt R40
| employee's weekly salary divided by 40 hours.)
Non-exempt employees (Wage Class 2 and 3) will be paid at their
hourly rate plus any applicable overtime premium. A time card must
be submitted by the employee and approved by the Supervisor. If the
employee works less than four hours on a single call-in occurrance
s/he is guaranteed a minimum of four hours pay.
o If an employee is called in more than once, in the same day the
guaranteed four hours minimum applies to each call-in
occurrance.
| o If an employee is called in more than once within the four
| hour minimum period, that is a single call-in occurrance.
o If an employee is called in from off duty hours and is asked
to take one or more other call-ins, that is a single call-in
occurrance under the intent of this policy.
o Business travel time (Personnel Policy 3.20) is included in
the four hours minimum pay.
|The work may be performed either at the Customer or Digital site
|or at home via computer terminal.
|Job
|Code Title
|
|SERVICES/SUPPORT
|
|Individual Contributor Job Codes:
|2402 Customer Responses Rep
|2403 Lead Customer Response Rep
|2405 Customer Services Account Admin 1
|2407 CSC Call Screening Spec
|2408 Sr CSC Call Screening Spec
|240A Customer Services Engineer 1
|240B Customer Services Engineer 2
|240C Customer Services Engineer 3
|240D Customer Services Engineer 4
|240G RDC Engineer 1
|240H RDC Engineer 2
|240I RDC Engineer 3
|240J RDC Engineer 4
|240L Repair Center Tech 1
|240M Repair Center Tech 2
|240N Repair Center Tech 3
|240P Repair Center Engineer 1
|24CA Systems Support Engineer 1
|24CB Systems Support Engineer 2
|24CC Support Engineer 1
|54A2 Software Systems Specialist 1
|54AB Software Systems Specialist 2
|54AC Software Systems Specialist 3
|54AD Software Systems Specialist 4
|54AE Software Systems Consultant 1
|54AF Software Systems Consultant 2
|
|First Level Manager Job Codes:
|24CM Service Delivery Support Mgr 1
|24DD Call Management Center Supervisor
|54AL Services/Support Mgr 1A
|54AM Services/Support Mgr 1B
|54AN Services/Support Mgr 1C
Reference Materials:
Personnel Policy 3.09, Overtime Pay
Personnel Policy 4.02, Holidays
Personnel Policy 3.20, Travel Time Non-Exempt Employees
Personnel Policy 2.01, Employment
Date: 31-Dec-1992
Posted-date: 31-Dec-1992
VMSmail To information: @365L04_160.DIS;1
Sender's personal name: DICS_DIST
To Distribution List:
DAVID CARUSO@SHR,
DAVID CHARBONNEAU@SHR,
DAVID CORNABY@SHR,
DAVID COVELL@SHR,
DAVID CROSIER@SHR,
DAVID HURLBUT@SHR,
DAVID KINDLER@SHR,
DAVID READ@SHR,
DAVID WHITE@SHR,
DEBRA JAKAITIS@SHR,
DEMETRIOS LIGNOS@SHR,
DENISE THOMAS@SHR,
DENNIS BROWN@SHR,
DENNIS YEAW@SHR,
DIANE CAPPELMANN@SHR,
DIANNE INGRAM@SHR,
DIANNE PARKER@SHR,
DINO GENOVA@SHR,
DONALD DEAMICIS@SHR,
DONALD MURPHY@SHR,
DONALD PIERCE@SHR,
DOREEN CROCI@SHR,
DORIS STJACQUES@SHR,
DOUGLAS SHARP@SHR,
EARL STUDIVAN@SHR,
EDGAR EAST@SHR,
EDGAR QUIET@SHR,
EDWARD FLYNN@SHR,
EDWARD GRENHAM@SHR,
EDWARD KALIL@SHR,
EDWARD LEE@SHR,
EDWARD PFEFFERLE@SHR,
ELIZABETH MCKONE@SHR,
ELIZABETH YOUNG@SHR,
ERNEST RACINE@SHR,
EUSTON HENRY@SHR,
EVA FOWLER@SHR,
EVERETT MANGSEN@SHR,
FRANCIS TRAVIGLIA@SHR,
FRANK ELEY@SHR,
FRANK IGNACHUCK@SHR,
FRANK SEBASTIAN@SHR,
FRED VASCONCELOS@SHR,
GAIL GAZZOLA@SHR,
GARY BUDIANSKY@SHR,
GARY DECLUE@SHR,
GARY LEBLANC@SHR,
GARY PARSONS@SHR,
GEORGE FITZPATRICK@SHR,
GEORGE NEWTON@SHR
|
92.1075 | equine derrieres | LASSIE::TRAMP::GRADY | Short arms, and deep pockets... | Thu Dec 31 1992 13:26 | 15 |
| > HIGHLIGHT - EMPLOYEES MAY ACCRUE VACATION HOURS UP TO A MAXIMUM OF ONE
> TIMES THEIR ANNUAL ALLOTTED VACATION. THE CURRENT POLICY ALLOWS
> ACCRUAL UP TO A MAXIMUM OF TWO TIMES THEIR ANNUAL ALLOTTED VACATION.
Highlight?
I find this infuriating. I've been around almost 14 years, and I never use
my four weeks/year vacation, primarily because I'm too busy at work.
Needless to say, I'm sure we won't be compensated for vacation time that's
lost while we're up to our tails in work,
in the context of the current business environment and
the company's need to be competitive.
tim
|
92.1077 | Their rules, they gotta live by 'em... | DRINKS::WEISS | Three French Toast, Two Turtle Necks, and a Beer. | Thu Dec 31 1992 13:57 | 11 |
| > I've been around almost 14 years, and I never use
> my four weeks/year vacation, primarily because I'm too busy at work.
Well, time to MAKE time for those vacation days. Vacation days are
part of the compensation you get for working here (part of your pay,
if you will). If your boss gives you a hard time, just tell him that
you are going by the rules of the company. I'll be DAMNED the day I
lose vacation time...Your time should be scheduled assuming the
number of vacation days you get per year...
Dave
|
92.1078 | right | LASSIE::TRAMP::GRADY | Short arms, and deep pockets... | Thu Dec 31 1992 14:02 | 7 |
92.1079 | | XCUSME::MACINTYRE | | Thu Dec 31 1992 14:25 | 38 |
| Digital is changing, this is obvious to everyone. The changes might be
particularly hard on longtime Digits who've grown accustomed to a
certain way of working. However, none of the changes are out of line
with what much of corporate America has been doing all along.
The changes have made Digital "just like the rest of the working
world". This place is no better and no worse than others in the same
line of business. We are talking about dealing with changes, not
necessarily dealing with a sucky situation.
So, we're operating like most other companies. Big deal. The old
Digital is gone and not to return. I am convinced that the company
will return to profitibility but it will never be what it was in the
mid-70's through mid-80's. We have got to live with it. If we don't
like it we have the freedom to move on to other things. The emerging,
"New Digital" will mirror traditional corporate America. Is that bad?
Not necessarily. Is it different? You betcha.
The company must adapt to the current reality and we have to also. If
not then the company dies and we die with it. Complaining about a
change in how much vacation you can store up is more a sign of the strain
we have all been under than a failing by Digital.
This is the world we currently work in and nothing will turn back the
clock. Unless we plan on being in a deep funk forever, we have to move
away from thinking of what's lost and start thinking about what's to be
gained.
I miss the old days, but I also see opportunities for the future. It's
cool to vent every once in a while. I'm a big venter myself. When
doing so we should pick out fights carefully and let the small stuff
slide.
1993 can be a winning year but it won't happen unless we all (from BP
on down) get over this sense of loss and look ahead.
Marv_who_is_not_an_effective_preacher_but_had_say_what_I_said
|
92.1080 | | CSCMA::M_PECKAR | Pray for snow | Thu Dec 31 1992 14:40 | 9 |
|
The memo a few back says that only JES Job code 54's will be eligible for off
hours pay. What this means as that just about everyone who works in customer
services (JES job code 52) will have to be reclassified under the new job
code.
Probs, Tim C just told me this will happen in the csc's in mid january.
Oy.
|
92.1081 | | ROADKL::INGALLS | castles made of sand | Thu Dec 31 1992 14:58 | 6 |
| >> What a coincidence. Six V.P.'s all resign at once, with 48 hours'
>> notice. Amazing.
They probably didn't wnat to loose their vacation time ;^)
|
92.1082 | | LASSIE::TRAMP::GRADY | Short arms, and deep pockets... | Thu Dec 31 1992 14:59 | 30 |
| Marv,
I wrote this long reply, and got to the end of it only to realize I agree
with you. I just think Digital is going a bit far with the austerity bit,
and I only hope things swing back the other way if we ever come out of this
dive.
I love my work and I'm paid to do it right. It's a business relationship,
purely and simply. I've never held, and still hold no particular loyalty to
the company. I think it's naive to expect any company to be loyal to
its employees - companies don't work that way, not anymore at least.
I have a lot of first hand, personal experience with Digital in this area.
I look at the accrual restriction as paramount to asking me to take a pay
cut, except they didn't ask. If they had, I would have said no. At the
risk of sounding a little cocky, if I'm not worth it to the company, I'll
find work elsewhere, I'm sure. "I was looking for work when I found this
job."
In one sense, this is all rather ironic. In my 14 years here, I've seldom
had more than one or two work associates whom I considered true friends,
like Mystery, but recently that is changing. It's changing because
of this notes file, and these people. But still, my loyalty is to these
individuals, and I feel no more loyalty to Digital than I would to my
electric company or New England Telephone. Less, really - cuz I owe money
to those guys..;-)
tim
|
92.1083 | don't make sense to me... | ROADKL::INGALLS | castles made of sand | Thu Dec 31 1992 15:05 | 14 |
| Re: vacation time
I can see how the other changes will save the company money, but how does
cutting vacation time accrual in halfsave the company money?? If its because
of lay-offs and the need to compensate those let go, what impact is this really
going to have after January next year? If we aren't done with the majority
of layoffs by then, then we are in bigger trouble than we think... And why
not just say that you can acrrue the two years worth, but can only be
compensated for a max of one year upon leaving the company??
Glenn_who's glad he just took a four week vacation because he'll never get the
chance to do it again...
|
92.1084 | I won't miss any more races or skiing | MILKWY::SAMPSON | Driven by the wind | Thu Dec 31 1992 15:37 | 21 |
| I've always been able to take just about as much vaca. time as I
accrue, but I've been sitting on about 100 hrs since my motorcycle
accident of '85. But this year I only took 145 hrs and accrued 160.
So over the next couple years I'm going to HAVE to take a lot of
vacation time. I even though I had taken a lot this year. We discussed
this shortly after I found it in here (and sent it to the lab people
'cause we're rotating a stand by schedule also) and we decided the way
in which the vacation thing can save money is that after waiting over
a year to take vaca. you might be making more than when you accrued
the time.
It nail us for standby and call-in pay. But one thing is certain.
If we are not exempted from this change, I won't miss any more races,
I wont be restricted from hiking or skiing, but I'll loose my stand by
pay. The incentive to restrict my life to be on call is gone and many
of my favorite things happen beyond the reach of the pager signal. I
won't sit by my phone.
Everything has a trade off, this is the one they've chosen to make.
I'll live with it
Geoff
|
92.1085 | | XCUSME::MACINTYRE | | Thu Dec 31 1992 15:51 | 27 |
| The only thing I can think of as to why the company would cut the amount
of saved vacation would be that the held vacation is a debt that the
company has to carry. Since its already been earned its a liability.
Bean counters love to reduce liability. I can't see how it would have
a material effect on profitability but WTF.
I have personal loyality to individuals not to an institution such as
this (or any other company). I do believe I have a obligation to give
Digital my best, even if I may not believe I receive it back. Its a
matter of valuing my own labor regardless of how I believe my employers
values it.
I can't see the connection between a pay cut and the reduction of
accured vacation. I must be missing something along the line. (Not a
new occurance!)
If and when I leave DEC, I will miss the people of this notes file more
than the people I directly work with. I cannot and do not have these
types of dialogues with them. I'll miss the give and take and usefull
and useless information we exchange here. I also consider "noting" to
be a benefit unique to Digital and one I value very highly.
I guess I have a need to get into 1993 with a positive attitude and hit
the ground running come Jan 4. It doesn't hurt to hope. Does it?
Marv
|
92.1086 | | CSCMA::M_PECKAR | Pray for snow | Thu Dec 31 1992 16:06 | 6 |
| One advantage to reducing the max acruable vaca time is that it reduces the
loss Digital suffers due to vaca time abuse. We all know individuals who
abuse flexible scedules, working from home, sick time, comp time, etc in
order to avoid using vacation time. They are in essense stealing vacation
time from the company, and the new policy will give them less to steal,
that's all. I have no problem with that.
|
92.1087 | | EBBCLU::SMITH | How sweet it is | Thu Dec 31 1992 16:12 | 14 |
|
heh heh heh
I remember reading a note from one of them
VP's saying we couldn't order post-i-notes
anymore....well, it appears all that time and
energy really went over well, as I sit here
and post me a post-i-note.
From what I understand, the Q2 numbers are
er um ah...well....in all respect, maybe they
just shouldn't be released at all.
|
92.1088 | IMO rilly ! | SLOHAN::FIELDS | and we'd go Running On Faith | Thu Dec 31 1992 16:57 | 21 |
| Fog...I don't agree.....if people are abusing working from home/sick
time then kick them out....not take away from the ones who do not abuse
the system.....from my point of view I've work hard and put up with a
lot of BS over the 11 years like waiting over 2 years for a raise,
during the hard personal times in my life I was given the slack but
when it was needed for me to be here and to get the job done under
the wire, I was here ! now Im getting the 4 weeks of vacation next
week (1 year of the 11 was lost to my co-op term) I've work hard to get
this and it great but all the cards have changed....Im still here
getting the job done just under the wire when need be, have had my job
load almost double because of the layoffs that have happen and doing
things that are not part of my so call Job. I hardly the one to bitch
about having to much vacation time backed up but it still gets me mad
that after the time I've given the rules change......looking at my
paysheet I've used 124 hours and have 32 hours avalable....so you can
see I don't let it back up.....I'm glad I still have a job but hell
I've work hard to still have this job and thats what I've been told by
the big bosses over the last few weeks....I feel this is not a fair
change in the rules.
Chris
|
92.1089 | | ZENDIA::FERGUSON | A blues guitar echoes in my mind | Mon Jan 04 1993 13:05 | 22 |
| I think the change in vacation time accural is nickle-and-dime stuff, and in the
end, it isn't worth it because many folks are going to be upset about it. The
only savings I can figure out is this:
1985 - I earn 10 days; take 5 vaca; hourly rate= $10/hr
1986 - I earn 10 days; take 10 vaca; hourly rate= $11/hr
1987 - I earn 10 days; take 10 vaca; hourly rate= $13/hr (big raise)
1988 - I earn 10 days; take 10 vaca; hourly rate= $18/hr (huge raise)
1989 - I quit DEC; balance of 5 days of vaca carried over from 1985 when
I was making $10/hr which DEC now has to pay me $18/hr for.
yah, yah, first-in, first-out and all that stuff... this is just another
way to look at it...
another thing: there are many 4-wk per year folks that don't use all their
vaca time and now have probably close to 8 weeks accrued. i myself have
5.5 wks accrued, with another 3 weeks coming this year for a total of 8.5
weeks off in '93 - in order to get myself "in check" for 1/94, i'm going to
have to take 5.5 wks off this year. that is 5.5 wks i won't be here. as for
the 4 wk/yr people, it'll be even more --- which translated to less people
at work in '93....
|
92.1090 | | CSCMA::M_PECKAR | Pray for snow | Mon Jan 04 1993 14:04 | 6 |
|
Assets - liabilities = profits.
Accrued vacation time is a liability. Less accrued vacation time means more
short term profit. Short term profit is even more important when a company has
been reporting losses...
|
92.1091 | a week off every other month? | ROULET::DWEST | if wishes were horses... | Mon Jan 04 1993 15:33 | 4 |
| looks like 6 weeks of vacation for this boy this year in order to get
back down to where i "should be"...
da ve
|
92.1092 | | LASSIE::TRAMP::GRADY | Short arms, and deep pockets... | Mon Jan 04 1993 15:42 | 5 |
| Yeah, me too. 266 hours. Sigh.
2nd Mail order is Monday, right? ;-)
tim
|
92.1093 | | SCOONR::GLADU | | Mon Jan 04 1993 15:52 | 1 |
| da ve, go to Atlanta, dammit! :-)
|
92.1094 | :-/ | ROCK::CAMPR::FROMM | There is no way to peace;peace is the way. | Mon Jan 04 1993 18:20 | 10 |
| re: vacation time
is this confirmed, or is this memo just a rumor? i have yet to hear about it
outside of GRATEFUL; if it is true, it really sucks; seems to me like it
accomplishes next to nothing to save the corporation money, but it really
pisses a lot of people off; accumulating only 2 weeks of vacation in an
entire year is bad enough, but being told that i can't save any of it up so
that i can enjoy myself when i want to take off is simply ridiculous
- rich
|
92.1095 | | 21793::HANNAN | Beyond description... | Mon Jan 04 1993 18:31 | 4 |
| Rich, management in my group released basically the same
memo today. It's true.
Ken
|
92.1096 | | TERAPN::PHYLLIS | in the shadow of the moon | Mon Jan 04 1993 19:31 | 4 |
|
I've seen the email also - it's true.
|
92.1097 | | VERGA::STANLEY | what a long strange trip it's been | Tue Jan 05 1993 12:30 | 1 |
| Same thing happened at Wang...
|
92.1098 | | DEDHED::Spine | Tom Spine | Tue Jan 05 1993 12:42 | 26 |
| While it may be "true", I don't see why this decision also cannot be
reversed if enough people start screaming about it not being fair. (hmmmm,
perhaps a call to the VP of Ethics is in order...)
Here's my gripe with the new policy. (I'll write from my situation, but
I think it applies to many others...)
I earn 3 weeks of vacation a year. I generally also use all of my vacation
time each year. I earned it, I take it!
Under this new policy, then, I can only accumulate 120 hours.
OK, I usually have about 80 hours accumulated in January.
Suppose I want to take a three week vacation in August? Well, I'm scr*wed
because I hit the 120 hour mark in July! So what do I have to do? Take
a day off in July just so I don't lose my vacation? That's stupid!
At the very least they might do something like the government -- gov't
workers cannot have more than x amount of vacation hours accumulated at
the *end* of the calandar year.
I'm b*tching to my management, and to personnel. I figure the Alice's
Restaurant principle just might apply in this case...
tms
|
92.1099 | money savings = little; pissedoffedness = lot | ROCK::CAMPR::FROMM | There is no way to peace;peace is the way. | Tue Jan 05 1993 13:34 | 8 |
| >While it may be "true", I don't see why this decision also cannot be
>reversed if enough people start screaming about it not being fair. (hmmmm,
>perhaps a call to the VP of Ethics is in order...)
i've also been thinking about this; if i'd like to register my opinions on the
matter, just who do i send them to?
- rich
|
92.1100 | be careful what you say or how loud you say it... | SALES::GKELLER | yrs=4 Atax on wallet/attacks on 2nd | Tue Jan 05 1993 13:50 | 13 |
| > <<< Note 92.1098 by DEDHED::Spine "Tom Spine" >>>
>
>While it may be "true", I don't see why this decision also cannot be
>reversed if enough people start screaming about it not being fair. (hmmmm,
>perhaps a call to the VP of Ethics is in order...)
I think if too many people start screaming that they can't use all their
vacation the powers that be may come back and say... "If you can't use it
all we'll just have to give people less vacation, eveyone gets 1 week a
year."
Geoff
|
92.1101 | sdjkfal;jdkfajldks;ja | ROCK::CAMPR::FROMM | There is no way to peace;peace is the way. | Tue Jan 05 1993 13:53 | 10 |
| >I think if too many people start screaming that they can't use all their
>vacation the powers that be may come back and say... "If you can't use it
>all we'll just have to give people less vacation, eveyone gets 1 week a
>year."
i CAN use it, but since i get so little, it should be my choice if i want to
save some of it up so i can later use a bit more than the paltry 2 weeks that
they're willing to dole out to me
- rich
|
92.1102 | as GerG says, pay attention damnit! :-) | DEDHED::Spine | Tom Spine | Tue Jan 05 1993 14:39 | 19 |
| > I think if too many people start screaming that they can't use all their
> vacation the powers that be may come back and say... "If you can't use it
> all we'll just have to give people less vacation, eveyone gets 1 week a
> year."
I am *not* saying *anything* about not using all my vacation. I am a firm
believer in using it...and using it *all*.
I am saying that the new rules will prevent logistical problems for those
that want to use all of their yearly allotment of vacation in one big
bang. In order for me to take a 3 week vacation, I have to have my
three weeks -- but as soon as I earn my three weeks they start taking
it away! It's a timing bug!
I am saying that perhaps the government's policy for civilian workers is
a better approach -- you cannot have more than 1 year worth of vacation
accumulated as of the *end* of the calendar year.
tms
|
92.1103 | another view | SSGV02::GPEACE::Strobel | expecting something witty? | Tue Jan 05 1993 16:17 | 20 |
| Maybe I misread the email I received, but I don't think the slate is wiped
clean on 1/1/94. What I believe it implies is that if your maximum, in my
case 120 hours, you won't accrue any more vacation time until the number of
hours falls below the maximum.
As a simple example, if my start date was in July, 1987, I wanted to take 3
weeks off in July, 1994 and on Jan 1, 1994 I had 100 vacation hours accrued,
the following would have to occur:
hours needed - 120
hours accrued between 1/1 and 7/1 - 60 (1/2 year @ 3 weeks per year)
hours already on books - 100
-----
additional vacation needed to be
taken before 7/1 40
On the ugly side, I suspect most folks who have a large number of hours won't
be able to use all of them due to either work requirements or the possible
feeling of "gee, I thought Jeff did good work but if we got by without him
for these 5 weeks, maybe he's expendable."
|
92.1104 | | CORA::65447::BELKIN | the slow one now will later be fast | Tue Jan 05 1993 18:48 | 8 |
| re <<< Note 92.1103 by SSGV02::GPEACE::Strobel "expecting something witty?" >>>
>feeling of "gee, I thought XXX did good work but if we got by without him
>for these 5 weeks, maybe he's expendable."
This is the part that worries me.
Josh
|
92.1105 | | TERAPN::PHYLLIS | in the shadow of the moon | Tue Jan 05 1993 18:51 | 15 |
|
>On the ugly side, I suspect most folks who have a large number of hours
>won't be able to use all of them due to either work requirements or the
>possible feeling of "gee, I thought Jeff did good work but if we got by
>without him for these 5 weeks, maybe he's expendable."
This is exactly what's wrong with it. I know many folks who have
accumulated close to 8 weeks vaca, and will now be accumulating another
4 this year. So, in order not to lose vaca, or lose pay, which is what
it really is, they would have to take 8 weeks off this year. Noone I
know can afford to take 2 months off their job right now. At least not
if they expect to keep that job. So basically, they will all be giving
DEC back several weeks pay for nothing.
|
92.1106 | unless this gets changed but it was not stated | SLOHAN::FIELDS | and we'd go Running On Faith | Tue Jan 05 1993 19:07 | 20 |
| Phyllis this might not be true.....when your max vacation amount
changes and you were not able to use them before this change DEC policy
states the company will have to pay you the difference that you will be
over.....
this is from POLICIES AND PROCEDURES Section 4.03
CHANGE OF STATUS/VACATION ACCRUAL
From time to time employees will change from one regular status to
another (e.g., R40 to R32 or R20 to R25). In these cases the
employee's maximum vacation accrual allowed under the new status
will also change. In some instances the employee will have more
vacation hours accrued than the new status allows. These employees
should generally take this accrued vacation before the change
occurs. If this is not possible, the employee will receive all
earned vacation pay which is in excess of the new maximum
accumulation allowed.
|
92.1107 | | SLOHAN::FIELDS | and we'd go Running On Faith | Tue Jan 05 1993 19:12 | 3 |
| hummmm looking at this after I put it in ..... my status might not
change as in R40 status but the status of R40 has changed....wunder if
this applies....
|
92.1108 | is that first sentence run on enough for ya?? ;-) | SMURF::PETERT | | Tue Jan 05 1993 19:23 | 11 |
| While someone might feel paranoid that they'd lose their job if they
took 2 months or some extended period not to exceed 2 months off,
and everything ran fine without them, thank you very much, why not
take a different tack at it? Why take it all at once? Why not, say,
take every Friday off until you get down to a reasonable amount?
I'd love to do something like this, and I can't see anyone getting
too upset about it unless deadlines are coming up. Of course,
coming up on my first anniversary date here, I don't really have
this problem (or the opportunity to take this solution :-(
PeterT
|
92.1109 | let your performance do the talking | ZENDIA::FERGUSON | A blues guitar echoes in my mind | Tue Jan 05 1993 19:58 | 3 |
| If you are a hard and valued worker in your group, you _will_ be
missed if you take a good stretch of time off. At least this is my
experience.
|
92.1110 | :-/ | ROCK::CAMPR::FROMM | There is no way to peace;peace is the way. | Tue Jan 05 1993 20:01 | 70 |
| from 92.1074:
> ***********************************************************************
> THIS MEMORANDUM IS FROM JACK SMITH, SENIOR VICE PRESIDENT OF OPERATIONS
> ***********************************************************************
>
> TO: ALL PERSONNEL POLICY MANUAL HOLDERS
and then i just got this message in the mail:
<begin forwarded message...>
TM
digital Worldwide News LIVE WIRE
Jack Smith retires after 34 years of service
Jack Smith, senior vice president of Operations, has announced his intention
to retire from the company.
Commenting on the announcement, Digital President Bob Palmer said, "Jack has
played a pivotal role in Digital's history. He has served the company with
distinction and ably handled whatever management role he was asked to take.
His contributions have been both numerous and significant. I particularly
appreciate the effective assistance he has given me personally during the
transition of the past few months. In his career, Jack has touched the
lives of many people at Digital. He will be remembered as a warm and
positive person. He can look back over his 34 years with Digital with a
great deal of satisfaction and pride in his accomplishments and
contributions to the company's growth and prominence in the industry."
Jack noted, "I found it very satisfying to manage Digital's day-to-day
operations as senior vice president of Operations, in particular during the
last six months while Bob Palmer concentrated on restructuring the company
into customer-focused business units. Bob has now completed that
restructuring. With the operational progress we've made, I feel I can
retire with confidence in Digital's future.
"I have been looking forward to retirement for some time," he added. "As I
approach it, I have many good memories. I will always feel part of Digital."
Jack joined Digital in 1958, as a technician. He was involved in building
and testing the company's first logic modules and its first computer, the
PDP-1. Later, he was responsible for the development and growth of the
company's worldwide Systems Manufacturing operation. He was promoted to
vice president, Systems Manufacturing, in 1976; and to vice president,
Manufacturing, in 1977. In 1983, he added Engineering to his
responsibilities, and in 1985, added Product Marketing as well. He was
appointed senior vice president in 1987. Jack was appointed to his
current position in 1991.
Ten years ago, on the occasion of the company's 25th anniversary, Jack
reminisced, "When I started at Digital, there were only 12 people in the
company. I was hired as a technician. Sometimes I did engineering work,
sometimes manufacturing. I also spent a lot of time painting system modules
and sweeping the floor. There wasn't any formal structure. You just
pitched in and did whatever had to be done...
"Our basic strength has always been the attitude and commitment of our
people," he concluded. "I think the most important thing we can do is to
continue to provide challenging opportunities for personal and professional
growth while we reinforce our commitment to achieve leadership in our
industry."
<...end forwarded message>
guess he decided to call it quits before he lost all of his accrued vacation
time
/r
|
92.1111 | | MRNGDU::YETTO | the future is here | Tue Jan 05 1993 20:48 | 3 |
|
most of the time when I go on vacation I am missed before I leave. ;^/
|
92.1112 | | SCOONR::GLADU | | Wed Jan 06 1993 11:55 | 10 |
| re: Note 92.1109 by ZENDIA::FERGUSON
>If you are a hard and valued worker in your group, you _will_ be
>missed if you take a good stretch of time off. At least this is my
>experience.
They sure missed me when I took 3 weeks off. :-) Not that it
really matters here, though.
ger
|
92.1113 | | ZENDIA::FERGUSON | A blues guitar echoes in my mind | Wed Jan 06 1993 12:25 | 9 |
| Did you know that:
If you plan to take more then 2 wks off at a stretch, you are
supposed to get mgmt and personnel approval?
learned this yesturday at our group mtg!
jc, who may take 3-4 off this coming october
|
92.1114 | | SCOONR::GLADU | | Wed Jan 06 1993 13:02 | 1 |
| yeah, I went thru hell to get mine approved.
|
92.1115 | Work? What's work? | DRINKS::WEISS | Three French Toast, Two Turtle Necks, and a Beer. | Wed Jan 06 1993 13:11 | 7 |
| When I go on vacation I could not care less about what goes on here.*
That's what vacation means, no?
Dave
*provided my money gets direct deposited while I'm gone! :-)
|
92.1116 | ACCIDENT AT HLO! | SPOCK::IRONS | | Thu Jan 07 1993 13:23 | 30 |
| From: FSOA::FSOA::ELMAN "BONNIE * MRO1-3/P3 * 297-9969 JUST DO IT! 07-Jan-1993 1001" 7-JAN-1993 10:03:00.23
To: @214.DIS
CC:
Subj: accident at HLO
From: FSOA::ELMAN "BONNIE * MRO1-3/P3 * 297-9969 JUST DO IT! 07-Jan-1993 1000" 7-JAN-1993 10:01:47.58
To: @EM_STAFF.
CC:
Subj: ALPHA construction accident at HLO
Subj: ACCIDENT AT HLO ALPHA CONSTRUCTION SITE
You've probably heard of the tragic construction accident at HLO's ALPHA
facility......currently there are 20 people still unaccounted for (presumbly
all construction workers) and many have already taken to UMASS in Worcester
by ambulance and helicopter.
The medical center has issued an URGENT plea for blood donations and especially
type 0 but any type blood is needed. Please call UMASS at 856-6355 if you
can go to donate.
Mary-ann Schram has provided the updates thru her sister who works at UMASS.
No one is being allowed to enter or leave the HLO area at this time due
to the ambulance activity currently going on.
As I receive more information, I will let you know.
PLEASE ASK THOSE IN YOUR GROUP TO CONSIDER DONATING BLOOD AT UMASS.
Thank you very much.
Bonnie
|
92.1117 | Conflicting reports | XCUSME::MACINTYRE | | Thu Jan 07 1993 13:49 | 20 |
| This discussion is going on in note 90 also but I think it fits here
better.
In any case, my wife is watching ch.5 in Boston and they report that 13
persons are injured, one seriously. They also report that "officials"
believe that no one remains in the rubble.
This contradicts the previous message so I guess most of the news is
fragmentary. I spoke with my wife at 10:30. I don't know when the
other note originated.
Being in NH, it is not practical for me to rush to UMASS. However, as
a longtime blood donor I will tell you that it is a breeze to do and
anyone in the area should head down and drop a pint.
Praying no one is badly hurt and everyone recovers.
Marv_who's_donated_over_5_gallons_of_blood_over_the_past_18_years
|
92.1118 | "Official" announcement | SPOCK::IRONS | | Thu Jan 07 1993 14:24 | 42 |
| From: ASDG::BERG 7-JAN-1993 11:00:53.17
To: dave
CC:
Subj: FWD: SITEMAIL: Construction Site Update
From: ASDG::PROPER "07-Jan-1993 1029" 7-JAN-1993 10:30:56.29
To: @SITEMAIL.DIS
CC:
Subj: SITEMAIL: Construction Site Update
+---------------------------+ TM
| | | | | | | |
| d | i | g | i | t | a | l | I n t e r o f f i c e M e m o
| | | | | | | |
+---------------------------+
To: All HLO Employees Date: 7 January 1993
From: Ed Caldwell
Dept: Semiconductor Operations (SCO)
Ext: 225-5036
L/MS: HL02-2/M12
Node: SHARE::CALDWELL
Subject: Construction Site Update
At approximately 8:30 a.m. this morning, an accident occurred
on the construction site. Approximately 13 people have been injured - no
Digital employees were involved. The extent of injuries are unclear
at this time. It is important that all HLO employees remain on the site
to keep traffic clear for emergency vehicles.
As more information becomes available, we will keep you informed.
Regards,
Ed Caldwell
|
92.1119 | Please refrain from going to UMASS? | SPOCK::IRONS | | Thu Jan 07 1993 15:20 | 20 |
| From: FSOA::FSOA::ELMAN "BONNIE * MRO1-3/P3 * 297-9969 JUST DO IT! 07-Jan-1993 1129" 7-JAN-1993 11:32:01.42
To: @SEC.DIS,@EM_STAFF.,@214.DIS
CC: ELMAN
Subj: ALPHA brief accident update
Update: It's been requested that people refrain from heading out to UMASS at
this time. A place nearby is being worked on for people to go locally to
donate.
Please relay this update to anyone you speak with. Ask them to refrain
from leaving work to go to UMASS and wait until more information is provided.
Further information will be sent or announced as received.
Regards,
Bonnie
*****************************************************************************
|
92.1120 | | SPOCK::IRONS | | Thu Jan 07 1993 15:49 | 16 |
| From: FSOA::FSOA::ELMAN "BONNIE * MRO1-3/P3 * 297-9969 JUST DO IT! 07-Jan-1993 1230" 7-JAN-1993 12:38:38.28
To: @ALPHA.DIS
CC: ELMAN
Subj: Please relay to anyone you may have spoken to about the ALPHA site accident.
YOUR ATTENTION PLEASE........
Please disregard all previous memos re: the situation at Hudson's Alpha site.
Access LIVEWIRE/VTX for any information that may become available.
Please do not make further calls to me.
Regards,
Bonnie
|
92.1121 | | MRNGDU::YETTO | the future is here | Thu Jan 07 1993 15:54 | 4 |
| she must be getting gazillions of calls - I've seen her
notes a handful of times through different sources....
|
92.1122 | | XCUSME::MACINTYRE | | Thu Jan 07 1993 16:02 | 9 |
| She was probably told to stop sending out updates. The people in
Public Relations and Community Relations are very sensitive about
employees making unauthorized reports. Although I entered a note here
I did not do it in any official capacity. There is so many conflicting
reports concerning injuries and the possibility of missing people that
no one that I know of has a firm grip on the actual situation.
Marv_Northern_New_England_Community/Government_Relations
|
92.1123 | | ROULET::DWEST | if wishes were horses... | Thu Jan 07 1993 16:08 | 15 |
92.1124 | | ROULET::DWEST | if wishes were horses... | Thu Jan 07 1993 16:12 | 3 |
|
ust heard from a friend of mine that the tv is reporting 5 serisouly
injured....
|
92.1125 | It's good to donate blood but not under false pressure | EBBCLU::SMITH | How sweet it is | Thu Jan 07 1993 16:23 | 8 |
|
That memo really started some panic over my way,
I saw it here, then 5 minutes later I saw it in
my mail.
Figures like that go to incinuate a much more severe
accident than what actually has happened.
|
92.1126 | update from the pa | ROULET::DWEST | if wishes were horses... | Thu Jan 07 1993 16:32 | 16 |
|
another update... i guess this can be considered "official" since it
came over the PA system...
16 people were taken to area hospitals... most injuries were minor
but some (tv says 5... dw) were serious...
the accident will halt all work on the site for at elast 2 days while a
full investigation happens...
blood is NOT needed by the area hospitals and the hospitals have asked
that DEC employees not run down to donate... it is NOT necessary...
that's it for now...
da ve
|
92.1127 | | ROULET::DWEST | if wishes were horses... | Thu Jan 07 1993 17:40 | 44 |
| From: SCOMAN::PROPER "07-Jan-1993 1424" 7-JAN-1993 14:34:37.65
To: @SITEMAIL.DIS
CC:
Subj: SITEMAIL: *Update* Construction Incident
+---------------------------+ TM
| | | | | | | |
| d | i | g | i | t | a | l | I n t e r o f f i c e M e m o
| | | | | | | |
+---------------------------+
TO: HLO Employees DATE: January 7, 1993
FROM: Bruce Nonnemaker
DEPT: Semiconductor Manufacturing
EXT: 225-4101
LOC/MAIL STOP: HLO1-J06
NODE: SCOMAN::NONNEMAKER
SUBJECT: * UPDATE * CONSTRUCTION INCIDENT
This is an update for you on the construction incident at Hudson this
morning. Sixteen non-Digital construction employees were transported to area
hospitals. The majority of injuries were minor but there were some serious
injuries. The construction site is shut down for a minimum of two days while
a thorough investigation is completed.
An inaccurate announcement went out on the system requesting blood donations,
however, the hospitals have asked that employees do not come to donate
blood as it is not needed.
When further information is available, we will update you.
|
92.1128 | risks to cost cutting | VMPIRE::CLARK | the Gong Show | Thu Jan 07 1993 18:48 | 86 |
| I N T E R O F F I C E M E M O R A N D U M
Date: 04-Jan-1993 12:34pm EST
From: JAY ALLSCHWANG
ALLSCHWANG.JAY AT A1 at IAMOK at PKO
Dept: MSO Site Personnel
Tel No: 223-8669
TO: See Below
Subject: Risks Of Cost Cutting
Cost-cutting by firms often proves ineffective, expert says
-----------------------------------------------------------
(Robert Metz column, Boston Globe, 29 Dec 1992)
New York -- When A Kodak, General Motors or IBM cuts tens of thousands
of workers the securities analyst may cheer the company on and even recommend
the stock. Yet, evidence suggests that "down-sizing" or "right-sizing" or
"restructuring" is ineffective.
Quinn Spitzer, president of the management consulting firm,
Kepner-Tregoe, argues in a November white paper titled "Cost-cutting: A Look
Behind the Body Count" that cost-cutting is a bad strategy both in the long
term as well as the short term. Obviously, costs are reduced if 20 percent of
the people are lopped off the payroll. But studies by Spitzer's company and a
number of others show that this approach by a company out of sync with economic
circumstances doesn't work.
A recent Kepner-Tregoe poll of 500 executives from major corporations
in the United States, Canada, the United Kingdom, Germany and Japan was offered
as proof. Executives were asked whether they anticipated cutting costs in the
next 12 months. Of those companies that hadn't cut costs, only 9 percent
answered yes. But 38 percent of the respondents that had undergone
cost-cutting programs over the past five years said they would do it again in
the next 12 months. And 43 percent of those that had undergone major cost
cutting programs two or three times in the past five years said they would do
it again in the next 12 months. Spitzer looked at two American giants that
have repeatedly addressed their problems through cost cutting - General Motors
and IBM.
Spitzer says the poll evidence is "pretty compelling" that cost cutting
is addictive and he goes on to argue that it doesn't work in any case. In a
telephone interview with, Spitzer, who was at company headquarters in Princeton,
N.J., argued that Japan once again presents us with an appropriate model, though
he conceded the Japanese make cost-cutting mistakes. Spitzer and a Japanese
colleague once worked together at Kepner-Tregoe on the Honda account. He asked
his associate for the single best paradigm for Japanese management and the
associate surprised him with the "QCD dilemma." There are, said the associate,
three major interrelated components to success in business. They are quality,
cost and delivery, with delivery the Japanese equivalent of revenues.
Though quality is seized upon by the press as the sine qua non for Japanese
success, in fact, it takes harmony among quality, costs and delivery
for success, his associate insisted. Spitzer agrees with his Japanese
associate's assessment.
Cost, says Spitzer, is not a financial point to be reached but part of a
broad business discipline. You don't deal with costs by deciding to reduce them
by, say, 10 percent. Instead you must look at costs strategically.
Well-run companies preserve those costs that contribute to their competitive
advantage. Companies also err when they cut costs without having a good idea of
the true cost of doing business. Unfortunately, the financials are written for
accountants-not for managers. Besides, managers get the numbers a month late;
they are written for the P&L statement or the balance sheet and they may come
in five, three-ring binders.
Managers must know the true cost of the product, says Spitzer. He said
a large consumer products company learned that the top 50 percent of products
generated 99.1 percent of profits. That meant the other 50 percent of the
products provided only 0.9 percent of profits. He says address that problem
before you lay off 20,000 people. Or you won't make significant headway in the
way you manage the business.
Companies need to "reassess" the way they do their work. In the 1980s,
he says, many companies grew too fast. They didn't change their systems, they
"patched them." He says they might better have created new systems. Serious
problems develop when a $100 million company grows to $1 billion in sales.
That happened to many companies and their patchwork systems became highly
complex. Spitzer argues that workers need to be involved in the cost equation.
The one who actually produces the item knows the most about how to improve it.
Finally, the company needs to direct its performance system to make sure the
profitable items are stressed. The sales people in many companies, for example,
are told to get volume. They will resist the dropping of items that are
unprofitable.
Spitzer concludes that everyone wants a quick fix. So troubled
corporations cut costs. Obviously, though problems that have developed over the
years cannot be solved overnight. The problems should be addressed in terms of
overall strategy and in terms of the interrelated concepts of quality, costs
and delivery.
|
92.1129 | | CXDOCS::BARNES | | Fri Jan 08 1993 14:05 | 3 |
| well it's about damn time! I saw a similar article LAST YEAR! when I
brought it to the attention of some "responsible" individuals, the
message was basically don't rock the boat...
|
92.1130 | | VMPIRE::CLARK | the Gong Show | Fri Jan 08 1993 14:22 | 2 |
| I think the issue here is "short-term" vs. "long-term" thinking ...
businesses and governments seem to prefer the former over the latter.
|
92.1131 | Au' contraire | XCUSME::MACINTYRE | | Fri Jan 08 1993 16:15 | 34 |
| I disagree. If cutting costs was the only thing that Digital was doing
then I'd be more concerned than otherwise. As it is, I am concerned
but not as much as I used to be. FWIW, I never considered Digital's
collapse to be a possibility, ever.
Throughout all the mega-changes taking place in the corporation, there
have been some questionable things along with what I believe to be
sound business decisions. The advent of change is inherently
stressful. Couple this with the poor job of communicating the goals of
the change (beyond "return to profitability") and it amazes me that the
company hasn't had more trouble than it has to date.
In the last 6 months we have seen more concrete (HLO pun not intended!)
moves by management than in the previous 18 months since the layoff
first began. Coherent business units, direct P/L accountability, a top
level shake-up in the company's leadership, a beginnings of a massive
series of new product rollouts and lots of other stuff I'm not aware of.
We are doing a lot more than just cutting expenses and headcount.
Business Week and other trade rags are starting to recognize that the
tremendous upheavels we have gone through are starting to bear fruit
and they pick DEC to return as a tiptop performer within 8-12 months.
Although I am overworked and way underpaid (seriously!) I am optimistic
about the future. I will reenter the ISOP in July and by DEC 93 when
the stock is trading at $75, I'll buy at the low July price and make a
killing.
Hang in there folks. There are more changes to come and more pain and
wonderment to go along with it but in the long-term I'm sure DEC will
be back on top. I'm looking forward to the ride.
Marv
|
92.1132 | update | ROULET::DWEST | if wishes were horses... | Fri Jan 08 1993 17:51 | 61 |
| From: SCOMAN::PROPER "08-Jan-1993 1343" 8-JAN-1993 13:54:02.13
To: @SITEMAIL.DIS
CC:
Subj: SITEMAIL: Update Message from Ed Caldwell
To: All SCO Employees
Subj: Update on Construction Incident
I want to update you on the incident that occurred yesterday at the
construction site. As of this morning, only two of the injured construction
workers remain in the hospital. I want to thank everyone for their efforts in
supporting the site during yesterday's incident.
Several news stories and TV reports have made reference to a memo that
described safety conditions at the construction site. For your information,
on December 22, Industrial Design Corporation (IDC), our building designer,
sent Marshall Contractors, Inc., our general contractors, a memo about some
construction procedures and copied Digital. The issue discussed in the memo
related to a potential safety question concerning concrete pouring. The issue
noted was completely unrelated to the location and circumstances of yesterday's
incident. Also, the issue discussed in the memo was handled within the next
day (December 23), and the concrete flooring in that section of the building
was successfully poured.
In a project of this magnitude, where safety is top priority,
there is continuous discussion of all the aspects of the construction,
including potential safety issues and topics. These discussions are routinely
documented in memos and minutes of meetings. Action is taken, and the action
is verified, before construction continues.
We will continue to update you as necessary.
Ed Caldwell
|
92.1133 | | CSCMA::M_PECKAR | Pray for snow | Thu Jan 14 1993 13:44 | 4 |
|
DEC stock 39, +4 1/8 @ 10:27 a.m.
Jeepers, my portfolio just increased in value 12.5% in the last 3 hours.
|
92.1134 | | CSCMA::M_PECKAR | Pray for snow | Thu Jan 14 1993 13:49 | 305 |
| From: CSCMA::ELLIS "Mark Ellis - DTN: 237-7567, DID (508) 841-7567, @SHR 14-Jan-1993 0918" 14-JAN-1993 09:21:01.80
To: M_CSC,@ITU.LIST,@CONSULTANTS,BSS::ABDELLA,TPSYS::HOWELL
CC: @ CONSULTANTS,ELLIS
Subj: FYI Q2 Results. Loss less than expected.
From: CSSE::HOUPIS "Nick Houpis, Digital Services, 276-8838" 14-JAN-1993 09:02:11.17
To: cscma::ellis
CC: HOUPIS
Subj: Q2 Results -- FYI 1
I N T E R O F F I C E M E M O R A N D U M
Doc. No: 017770
Date: 14-Jan-1993 09:00am EST
From: NICK HOUPIS
HOUPIS.NICK
Dept: DIGITAL SERVICES MARKETING
Tel No: 276-8838
TO: See Below
Subject: Q2 Results -- FYI
Distribution:
TO: Remote Addressee ( bruce adams @ogo )
TO: STEPHEN ADRIAN ( ADRIAN.STEPHEN )
TO: Remote Addressee ( jim aitken @ogo )
TO: JOE ALLAN ( ALLAN.JOE )
TO: Remote Addressee ( David Argue@OTO )
Use the RDL option to see remainder of distribution lists.
I N T E R O F F I C E M E M O R A N D U M
Date: 14-Jan-1993 08:09am EST
From: DONNA SKOTZ
SKOTZ.DONNA AT A1 at EMASA2 at MLO
Dept: PR Corporate Info Group
Tel No: 508-493-4479
TO: See Below
Subject: Q2 FY 93 Financial Results
For Further Information:
Bradley D. Allen
(508) 493-7182
James Chiafery
(508) 493-8009
DIGITAL EQUIPMENT CORPORATION REPORTS
IMPROVED SECOND QUARTER OPERATING RESULTS
AND SIX PERCENT REVENUE GROWTH
MAYNARD, MA -- JANUARY 14, 1993
Digital Equipment Corporation (NYSE:DEC), the leading
worldwide supplier of networked computer systems and services,
today reported results for its second quarter, which ended
December 26, 1992.
For the quarter, the Company reported total operating
revenues of $3,689,443,000, up 6 percent from the $3,479,489,000
of the comparable quarter a year ago. The Company reported a net
loss for the quarter of $73,859,000, compared with a net loss of
$155,236,000 of the comparable quarter a year ago. Per share
results for the quarter were a loss of $.57 versus a loss of
$1.25 for the second quarter of fiscal 1992.
For the six months ended December 26, 1992, the Company
reported total operating revenues of $7,003,742,000, up 3 percent
from the $6,772,574,000 of the comparable period a year ago. Net
loss for the first six months of fiscal 1993 was $334,405,000,
versus a loss for the similar period a year ago of $629,069,000,
which includes a $485,495,000 charge for a change in accounting
principles related to post retirement health benefits. Per share
results were a loss of $2.60 versus a loss of $5.05 for the first
six months of fiscal 1992.
-more-
Digital Equipment Corporation
Reports Second Quarter Operating Results
Page Two of Four
"We are encouraged with our progress toward the
transformation of Digital," said Robert B. Palmer, Digital's
President and Chief Executive Officer. "While we still have much
to do and are not satisfied with any loss, we continue to work
diligently toward our goal of becoming a growing and profitable
company again, which our customers, partners, shareholders, and
employees expect."
"Customers are enthusiastic about our new Alpha AXP products,
and we are encouraged by the positive response among software and
hardware developers who have selected Alpha AXP as their 64-bit
RISC architecture. There are currently more than 1,000 software
developers who are porting more than 2,000 applications to Alpha
AXP. The simple migration path that the Company provides to the
next generation Alpha AXP systems appears to have improved sales
of existing Alpha-ready VAX products as well."
"This past quarter we also announced the restructuring of the
Company's operations into nine customer-focused business units.
Five of the nine are defined by natural customer groupings of
industries while the other four are defined by the nature of
their products and services. These business units are chartered
to drive revenue growth and profitability in specific markets
where our strengths and opportunities are greatest," Palmer
added. "Beginning in Fiscal Year 1994, these business units will
have all of Digital's worldwide profit responsibility."
William M. Steul, Vice President and Chief Financial Officer
said, "While we were encouraged by our improvement in overall
operating results compared with last year, results from some
countries outside the U.S. remained soft. Given the economic
uncertainties worldwide, our outlook remains cautious."
"Our cost reduction efforts are continuing to produce
results," Steul added. "R&D spending declined by $19 million and
SG&A spending was essentially flat compared with the second
quarter of last year. Our balance sheet remains strong as asset
management continues to improve in several areas. Total
population declined by almost 6,500 in the quarter to 102,100,"
he added.
Digital Equipment Corporation, headquartered in Maynard,
Massachusetts, is the leading worldwide supplier of networked
computer systems, software and services. Digital pioneered and
leads the industry in interactive, distributed and multivendor
computing. Digital and its business partners deliver the power
to use the best integrated solutions - from desktop to data
center - in open information environments.
CORP/93/954
Note to Editors: Alpha AXP, AXP and VAX are trademarks of
Digital Equipment Corporation.
Digital Equipment Corporation
Reports Second Quarter Operating Results
Page Three of Three
THREE MONTHS ENDED
DECEMBER 26, 1992 DECEMBER 28, 1991
PRODUCT SALES $1,967,234,000 $1,939,387,000
SERVICE & OTHER REVENUES 1,722,209,000 1,540,102,000
TOTAL OPERATING REVENUES 3,689,443,000 3,479,489,000
COST OF PRODUCT SALES 1,116,538,000 1,095,121,000
SERVICE EXPENSE 1,058,270,000 943,810,000
TOTAL COST OF SALES 2,174,808,000 2,038,931,000
RESEARCH & ENGINEERING 404,843,000 423,603,000
SELLING, GENERAL & ADMINISTRATIVE 1,177,306,000 1,181,379,000
INTEREST INCOME, NET OF EXPENSE 1,655,000 11,761,000
(LOSS) BEFORE INCOME
TAXES (65,859,000) (152,663,000)
PROVISION FOR INCOME TAXES 8,000,000 2,573,000
NET (LOSS) $(73,859,000) $(155,236,000)
WEIGHTED AVERAGE SHARES
OUTSTANDING 129,154,484 124,257,437
NET (LOSS) PER SHARE $ (.57) $ (1.25)
SIX MONTHS ENDED
DECEMBER 26, 1992 DECEMBER 28,1991
PRODUCT SALES $3,735,055,000 $3,802,236,000
SERVICE & OTHER REVENUES 3,268,687,000 2,970,338,000
TOTAL OPERATING REVENUES 7,003,742,000 6,772,574,000
COST OF PRODUCT SALES 2,136,495,000 2,005,269,000
SERVICE EXPENSE 2,075,920,000 1,837,014,000
TOTAL COST OF SALES 4,212,415,000 3,842,283,000
RESEARCH & ENGINEERING 810,320,000 835,956,000
SELLING, GENERAL & ADMINISTRATIVE 2,308,493,000 2,239,085,000
INTEREST INCOME, NET OF EXPENSE 11,081,000 32,330,000
(LOSS) BEFORE INCOME TAXES &
CUMULATIVE EFFECT OF CHANGE
IN ACCOUNTING PRINCIPLE (316,405,000) (112,420,000)
PROVISION FOR INCOME TAXES 18,000,000 31,154,000
(LOSS) BEFORE CUMULATIVE EFFECT
OF CHANGE IN ACCOUNTING PRINCIPLE (334,405,000) (143,574,000)
CUMULATIVE EFFECT OF CHANGE IN
ACCOUNTING PRINCIPLE,NET OF TAX --- 485,495,000
NET (LOSS) $(334,405,000) $(629,069,000)
WEIGHTED AVERAGE SHARES
OUTSTANDING 128,578,210 124,546,908
(LOSS) PER SHARE
BEFORE CUMULATIVE EFFECT OF
CHANGE IN ACCOUNTING PRINCIPLE $ (2.60) $(1.15)
(LOSS) PER SHARE ON CUMULATIVE
EFFECT OF CHANGE IN ACCOUNTING
PRINCIPLE --- (3.90)
NET (LOSS) PER SHARE $ (2.60) $(5.05)
Digital Equipment Corporation
Reports Second Quarter Operating Results
Page Four of Four
Q2 - FY 93
PRODUCT SALES ........................... DLRS 1,967,234,000
SERVICE AND OTHER REVENUES............... 1,722,209,000
TOTAL OPERATING REVENUES................. 3,689,443,000
COST OF PRODUCT SALES.................... 1,116,538,000
SERVICE EXPENSE.......................... 1,058,270,000
TOTAL COST OF SALES...................... 2,174,808,000
GROSS MARGIN 41.1 %
RESEARCH & ENGINEERING................... DLRS 404,843,000
SELLING, GENERAL & ADMINISTRATIVE........ 1,177,306,000
OPERATING (LOSS)......................... (67,514,000)
OPERATING MARGIN (1.8)%
INTEREST INCOME.......................... DLRS 14,209,000
INTEREST EXPENSE......................... 12,554,000
(LOSS) BEFORE INCOME TAXES............... (65,859,000)
PRE-TAX MARGIN (1.8)%
INCOME TAXES (TOTAL FEDERAL, STATE &
FOREIGN)............................... 8,000,000
EFFECTIVE TAX RATE 12.2%
NET (LOSS)............................... DLRS (73,859,000)
(LOSS) PER SHARE......................... (.57)
WEIGHTED AVERAGE SHARES OUTSTANDING...... 129,154,484
BALANCE SHEET - Q2 FY93
CASH & CASH EQUIVALENTS.................. DLRS 1,365,340,000
ACCOUNTS RECEIVABLE, NET................. 3,132,020,000
A.R. DAYS SALES OUTSTANDING 76 DAYS
INVENTORIES: RAW MATERIALS......... 336,150,000
WORK IN PROCESS....... 601,119,000
FINISHED GOODS........ 894,961,000
TOTAL............. DLRS 1,832,230,000
PREPAID EXPENSES......................... 385,945,000
DEFERRED INCOME TAX CHARGES, NET......... 222,794,000
TOTAL CURRENT ASSETS..................... 6,938,329,000
NET PROPERTY, PLANT & EQUIPMENT.......... 3,342,265,000
OTHER ASSETS NET......................... 745,162,000
TOTAL ASSETS............................. 11,025,756,000
BANK LOANS & CURRENT PORTION OF LTD...... 44,181,000
TOTAL CURRENT LIABILITIES................ 4,284,492,000
DEFERRED TAX CREDITS, NET................ 23,033,000
LONG-TERM DEBT........................... 779,785,000
POSTRETIREMENT BENEFITS.................. 1,208,682,000
TOTAL LIABILITIES........................ 6,295,992,000
STOCKHOLDERS' EQUITY..................... 4,729,764,000
BOOK VALUE PER SHARE..................... 35.96
CAPITAL SPENDING (INVESTMENT IN PP&E)- Q2 124,544,000
DEPRECIATION & AMORTIZATION......... - Q2 224,544,000
CAPITAL SPENDING (INVESTMENT IN PP&E)-YTD 256,463,000
DEPRECIATION & AMORTIZATION......... -YTD 414,163,000
NON U.S. REVENUES - QTR.................. 2,406,977,000
or 65%
NON U.S. REVENUES - YTD.................. 4,473,686,000
or 64%
TOTAL EMPLOYEE POPULATION, APPROXIMATELY. 102,100
Distribution:
TO: ZIM @UNIX @VAXMAIL
TO: voelker @smurf @vaxmail
TO: Van_Cleave @SSGV01 @vaxmail
TO: ursch @netwks @vaxmail
TO: Rossiter @RDVAX @vaxmail
Use the RDL option to see remainder of distribution lists.
|
92.1135 | | STUDIO::IDE | Can't this wait 'til I'm old? | Thu Jan 14 1993 13:57 | 17 |
| re: <<< Note 92.1133 by CSCMA::M_PECKAR "Pray for snow" >>>
>DEC stock 39, +4 1/8 @ 10:27 a.m.
>Jeepers, my portfolio just increased in value 12.5% in the last 3 hours.
Your portfolio is all DEC stock?!? That's not a portfolio, that's a
slash folder. :^) :^)
I heard that we took the big hit in Q1 to make Q2 look better and show
the Street some solid progress. 'Bout time we did something smart.
There's more blood to let, but this is a big step in the right
direction.
Jamie
|
92.1136 | | CSCMA::M_PECKAR | Pray for snow | Thu Jan 14 1993 14:12 | 12 |
| > slash folder. :^) :^)
Yeah, well, we're working on diversifying. I never said I was a financial
wizard. We both abhor dealing with money, so historically, we don't. Some
would call us stupid and irresponsible, I just prefer to think of us as not
being bound by and having our lives defined by financial exigencies. :-)
Your "personal growth strategy" may be "sell high, buy low", ours is:
Get high, See shows. :-)
Eggs_all_in_one_very_flimsy_basketP
|
92.1137 | | STUDIO::IDE | Can't this wait 'til I'm old? | Thu Jan 14 1993 14:20 | 8 |
| re .-1
'Twas just a joke, I have too much stock myself. Unless it hits $60,
then I have too little.
Besides, now that Jack Smith's gone, it's ok to say slash folder. :^)
Jamie
|
92.1138 | no problem | CSCMA::M_PECKAR | Pray for snow | Thu Jan 14 1993 14:26 | 3 |
| Well, I'm kinda sensitive about it since we're also sitting on a lot of the
frikkin' things, mostly bought at between $70 and $90 each...
|
92.1139 | | MRNGDU::YETTO | the future is here | Thu Jan 14 1993 14:54 | 7 |
|
this has nothing (directly) to do with stock or the quarter results but we
just had a new rule passed on to us here ... effective immeditely slide
transparancies are on allocation. And, as I am sure you can imagine, there
are people who are quite bothered by this.....
|
92.1140 | | TERAPN::PHYLLIS | in the shadow of the moon | Thu Jan 14 1993 15:02 | 4 |
|
Stock currently at 40 1/4 - up 5 3/8!
|
92.1141 | | SALES::GKELLER | yrs=4 Atax on wallet/attacks on 2nd | Thu Jan 14 1993 15:04 | 8 |
| DEC Stock 40.25 +5.20 @11:32
I guess wall street likes what it sees...
Before lunch, let's see what happens when they have full stomachs and
emptier heads...
Geoff
|
92.1142 | getting close to 20% increase | CSCMA::M_PECKAR | Pray for snow | Thu Jan 14 1993 15:42 | 2 |
| DEC Stock 40 7/8 +6 @12:17
|
92.1143 | | VERGA::STANLEY | what a long strange trip it's been | Thu Jan 14 1993 15:47 | 2 |
| ... watch it keep going up now... wish I'd bought some for myself
when I was telling other people to buy... I can be so dumb that way.
|
92.1144 | | TERAPN::PHYLLIS | in the shadow of the moon | Thu Jan 14 1993 16:30 | 4 |
|
now it's at 41, up 6 1/8.
|
92.1145 | | TERAPN::PHYLLIS | in the shadow of the moon | Thu Jan 14 1993 17:03 | 9 |
|
42 1/8, up 7 1/4
several brokers have moved DEC to the "strong buy" list. If it keeps
going up, we'll make big bucks come June 1st!
phyllis_who_could_seriously_use_some_big_bucks
|
92.1146 | $ | ROCK::CAMPR::FROMM | Nothing's worth nothing, but it's free. | Thu Jan 14 1993 17:08 | 7 |
| > several brokers have moved DEC to the "strong buy" list.
i was just involved in a heated debate yesterday with someone, arguing why i
thought it was a good idea to hold on to DEC stock right now; interesting
timing
/r
|
92.1147 | believe it if you need it... | USABLE::SPINE | | Thu Jan 14 1993 17:12 | 11 |
| >> several brokers have moved DEC to the "strong buy" list.
>
> i was just involved in a heated debate yesterday with someone, arguing why i
> thought it was a good idea to hold on to DEC stock right now; interesting
> timing
Just last week or so I saw an excerpt from, I think, Money magazine
that was very bullish on Digital stock. They were so bold as to
predict stock prices in the 70's within 18 months.
tms
|
92.1148 | jism city! | CSCMA::M_PECKAR | | Thu Jan 14 1993 19:43 | 3 |
|
Close: 42 1/8 up 7 1/4, Phew, 17% increase!
|
92.1149 | useless statistic | CSCMA::M_PECKAR | | Thu Jan 14 1993 20:01 | 5 |
| WEIGHTED AVERAGE SHARES
OUTSTANDING 129,154,484
Lessee, today, DEC shareholders all got $936,370,009.00 richer. :-)
|
92.1150 | | ZENDIA::FERGUSON | A blues guitar echoes in my mind | Thu Jan 14 1993 20:11 | 5 |
| Nice!
paper gain of > $1500 !!
|
92.1151 | | SSGV02::GPEACE::Strobel | expecting something witty? | Fri Jan 15 1993 16:25 | 8 |
| late, bad pun alert
re: -a few Lisa, the reason for the limits on transparencies is that it's
part of DEC's effort to control OVERHEAD costs.
I know, shut up and mail the t shirts (I'm picking them up tomorrow am!!!!!!)
jeff
|
92.1152 | Vacation Accrual Policy reconsidered | SLOHAN::FIELDS | and we'd go Running On Faith | Fri Jan 15 1993 18:49 | 59 |
|
+-+-+-+-+-+-+-+TM -----------
|d|i|g|i|t|a|l| Worldwide News LIVE WIRE
+-+-+-+-+-+-+-+ -----------
Vacation Accrual Policy reconsidered
In mid-December, Digital's Executive Committee decided to change the
vacation policy to reduce the maximum amount of vacation time an employee
could accrue from twice the annual rate of accrual to once the annual rate.
As originally drafted, employees would have one year to reduce their unused
vacation to the lowered maximum. That decision was communicated to managers
and Personnel professionals in advance of the formal change to ensure that
all employees received the maximum possible notice.
The Senior Management Team received numerous comments about this change and
has reconsidered and reversed the original decision.
Many employees indicated that proposed changes would negatively affect
their ability to meet personal obligations. Given those concerns, Digital
will revise the policy to establish a five-week maximum on unused vacation
for all employees, regardless of their years of service. This will enable
all employees to plan their vacation time so that they can attend to their
personal and family needs, such as parental leave, elder care, etc.
Employees will also have three years to reduce their current unused vacation
time to the new maximum. Therefore, the change in policy establishing a
five-week maximum becomes effective in January 1996. This provision is in
response to many employee requests that the change be implemented in a way
that will not disrupt their ability to get their work done. It will
enable groups to complete key projects and maintain productivity with an
adequate level of staffing.
At the end of the three years, employees who still have excess unused
vacation time over the new maximum will not be able to accrue additional
vacation. However, they will not lose any of their excess accrued and
unused vacation time. More -->
Many employees have asked why these changes are necessary. There are three
major reasons for these changes to the vacation accrual policy:
o This change will bring Digital policy in line with current industry
practice and policy for managing vacation accrual.
o The Senior Management Team wants and expects that employees will take
the vacation time they have earned. Time off from work is one
important way to maintain balance and perspective, and to manage the
pressure that comes from working in our competitive industry.
o Accrued vacation is an expense to the company. Digital's review of
this policy is a part of a continuing effort to reduce expenses.
This policy will form the standard for the company worldwide. Managers in
other countries are expected to apply this standard as appropriate and to
the extent permitted by local laws.
|
92.1153 | | STAR::HUGHES | Captain Slog | Fri Jan 15 1993 19:19 | 1 |
| Trust us, we know what we're doing.
|
92.1154 | don't complain | JURAN::DCLARK | Monorail! Monorail! | Fri Jan 15 1993 19:20 | 1 |
| at least we have the ability to make our voice be heard.
|
92.1155 | | CSCMA::M_PECKAR | under eternity | Fri Jan 15 1993 19:21 | 6 |
| > Vacation Accrual Policy reconsidered
Good work tms!!! Good work Tim!
:-)
|
92.1156 | | EZRIDR::SIEGEL | The revolution wil not be televised | Fri Jan 15 1993 20:29 | 3 |
| That's good news! It's not as good as the 2x limit, but it's better than 1x.
adam
|
92.1157 | DEC in the news... (VNS news to be precise) | ROULET::DWEST | if wishes were horses... | Mon Jan 25 1993 19:24 | 127 |
|
Digital - Now ranked among leading PC vendors
{Livewire, Worldwide News, 21-Jan-93}
Digital has penetrated the Top 10 PC makers ranking for the first time,
according to a monthly market study published by Computer Intelligence of La
Jolla, Calif.
"Digital was the fastest growing PC vendor in 1992, establishing Digital's
credibility in Intel-based PC products. The forthcoming Digital Alpha
AXP-PCs, running Microsoft's Windows NT operating system, should help Digital
grow even more aggressively in 1993," said Dan Ness, senior industry analyst,
Computer Intelligence. Digital launched its Desktop Direct catalog business
in January, 1992, and introduced its popular DECpc LP family of desktop
computers in August.
Each month, Computer Intelligence conducts in-depth interviews with 4,500
computer purchasing managers at large and small establishments in the U.S.
Computer Intelligence publishes its findings from these interviews in its
monthly PC Market Monitor.
Within the last 12 months, Digital's PC sales ramped up past about 20 other
vendors in order to reach its current ranking of #9 among PC industry
leaders, according to Computer Intelligence.
---
Windows NT is a trademark of Microsoft Corporation. Intel is a trademark of
Intel Corporation.
Digital - Alpha AXP technology wins major trade press awards
{Livewire, Worldwide News, 21-Jan-93}
Leading computer trade magazine editors worldwide have recognized the Alpha
AXP microprocessor and systems as being among the best technology introduced
during 1992:
o BYTE (January, 1993): The DECchip 21064 microprocessor (the Alpha AXP
chip) receives an "Award of Excellence" for being one of the "best
products, technologies, and standards" that represent "the most
significant developments in terms of innovation, performance, and
price." BYTE reports: "Workstations keep getting faster and faster,
and DEC's scalable Alpha CPU will help ensure this rising performance
curve for the foreseeable future."
o CORPORATE COMPUTING (January, 1993): The DEC 3000 AXP workstation is
recognized as one of the 50 "best buys for 1993... that will make a
crucial difference in the way your company does enterprise computing in
1993." Said the editors: "The real cymbal crash for Alpha is for its
openness... DEC's Alpha machines run more operating systems than any other
workstation... Alpha could boost enterprise computing to new levels."
o UNIX WORLD (January, 1993): The Alpha AXP computer series was named
one of "the best products of 1992" in the UNIX market. "Credit for
the most important product announcement of 1992 has to go to Digital
Equipment Corp.," said the editors.
o DIGITAL NEWS & REVIEW (January 18, 1993): The Alpha AXP architecture
recived an "Editor's Select Award" for "fundamentally improving the
way in which computers can be applied to solve strategic applications
problems."
o PERSONAL COMPUTER WORLD (February, 1993): The DECchip 21064 received
"the most innovative hardware product award" for 1992 from this U.K.
publication for being "the hardware which has been most instrumental
in pushing the hardware market into new, uncharted waters or which
has taken the most prominent role in an existing market." Said PCW:
"With DEC already having a number of high-end machines based on the
product, the Alpha looks set for success."
Digital - Computer Downsizing/Re-engineering campaign subject of Jan. 26 DVN
broadcast
{Livewire, Worldwide News, 21-Jan-93}
Digital President and CEO Bob Palmer will set the stage for the Computer
Downsizing/Re-engineering DVN which will be broadcast on Jan. 26. at 11:30
a.m. Eastern time. The computer downsizing and re-engineering market
represents a pivotal revenue-generating opportunity for Digital.
This interactive broadcast is tailored to Sales and Sales Support people in
the U.S. and Europe, although all employees are welcome to attend and learn
about this burgeoning market.
Presenters include campaign captain Rich Whitman, who will discuss computer
downsizing in general and the resources available to Sales; Rose Ann
Giordano, vice president, U.S. Marketing, who will talk about the campaign's
rollout to the field; David Berger, account manager, who will tell of a major
win at Yamaichi Bank; Willow Shire, vice president, Health Industries, who
will discuss the importance of downsizing to the health care market, key
health care partners and recent wins; and Bill (B.J.) Johnson, vice president,
Alpha & Corporate Marketing, who will talk about Alpha AXP's involvement in
the computer downsizing market and show why thse systems are a good solution
for customers who want to downsize.
Some of Digital's key business partners in the computer downsizing market
will appear in the program as well.
For information about the showing of this broadcast in Europe, contact
Nick Meyer (SHIRE::MEYER, DTN 821-4172).
Digital - 'Alliance for the Environment' partner receives presidential medal
{Livewire, U.S. News, 21-Jan-93}
New England Electric Systems (NEES), a major power supplier in Westboro,
Massachusetts, has been named a recipient of the 1992 President's
Environment and Conservation Challenge Award. NEES, and the Conservation
Law Foundation received the medal for their "Energy Conservation
Collaborative Effort." Digital has an ongoing environmental alliance with
NEES.
The Council on Environmental Quality (CEQ) press release states: "The
unlikely union of an electric utility and environmental group has resulted
in two major achievements: the development of one of the nation's most
successful energy conservation programs and regulatory approval for a utility
earnings incentive. The 'power plant that conservation built' significantly
reduced the utility's air pollutants and the need for new capacity, while
saving consumers and stockholders money."
By pooling their knowledge and expertise, Digital and NEES are sharing
environmental successes and developing ways to continuously improve. The
cornerstone of this alliance is a common interest in energy efficiency. As an
industrial customer served by New England Electric subsidiaries
(Massachusetts Electric in Massachusetts and Granite State Electric in New
Hampshire), Digital can take advantage of the utility's innovative
conservation and load management (C&LM) programs at its work sites.
Additionally, Digital and NEES are sharing ideas about recycling, prevention
of pollution, and land management.
Through this alliance, Digital and NEES are also seeking ways to improve
mutual service. This includes sharing ideas in such areas as improving power
quality, applying new technologies for metering electricity use, and
streamlining daily operations between the two companies.
For more information on this strategic alliance and other Digital
environmental programs, contact Ellie Buford @WMO, DANUBE::BUFORD, DTN
241-4364.
<><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><>
Please send subscription and backissue requests to EXPAT::VNS
Permission to copy material from this VNS is granted (per DIGITAL PP&P)
provided that the message header for the issue and credit lines for the
VNS correspondent and original source are retained in the copy.
<><><><><><><><> VNS Edition : 2752 Monday 25-Jan-1993 <><><><><><><><>
|
92.1158 | | RAISE::GLADU | | Mon Jan 25 1993 19:30 | 8 |
| re: -.1
With lots of thanks to SPO no doubt. :-/ Until last week, they
were configuring the DECpc's here. Now they're in KAO and they're
not quite up to our speed yet. Bob Palmer just had it in for us, I
reckon.
ger
|
92.1159 | this just in... | ROULET::DWEST | if wishes were horses... | Mon Jan 25 1993 20:42 | 7 |
| rumor has it that the "noo and improoooved" layoff package is coming
out tomorrow (tuesday)... and yes Virginia, it's shrinking again...
i hear 1-15 years gets 7 weeks continuing pay and a lump sum of 1 week
for each year of service... continuing benefits linked to financials
as well...
da ve
|
92.1160 | Just one question | SALES::GKELLER | yrs=4 Atax on wallet/attacks on 2nd | Tue Jan 26 1993 11:04 | 18 |
| > <<< Note 92.1159 by ROULET::DWEST "if wishes were horses..." >>>
> -< this just in... >-
>
> rumor has it that the "noo and improoooved" layoff package is coming
> out tomorrow (tuesday)... and yes Virginia, it's shrinking again...
> i hear 1-15 years gets 7 weeks continuing pay and a lump sum of 1 week
> for each year of service... continuing benefits linked to financials
> as well...
>
> da ve
I have to question this just a little. I though 9 weeks was a MA state law
and since the corporate headquarters is in MA 9 wks is the minimum...
The rest of it looks correct though.
Geoff
|
92.1161 | | ZENDIA::FERGUSON | A blues guitar echoes in my mind | Tue Jan 26 1993 12:05 | 20 |
| Other news related to $$$ at DEC:
Raises this year are going to be lower then last, by a good margin. Last
year's salary plan cost digital $170 million; this year's plan is something
like $47 million - a major reduction!!
Spend plan is 4.4% company-wide. No position is leveraged this year (in
past years, certain job codes were "leveraged", that is, they were slated
for higher raises. digital needed to do this to achieve parity with other
high-tech companies in the area. probably not needed now 'cus the job
market is flooded with people willing to take work for a lot less pay in
order to survive).
remember, increase will be given in march, june, sept, and december only!
hey, at least we are all employed!
DISCLAIMER: this is just the bits and pieces i have heard from different
people around the company. Your mileage may vary considerably!!!!
|
92.1162 | da ve wwas right | WSM080::M_PECKAR | under eternity | Tue Jan 26 1993 12:41 | 155 |
|
fwds stripped...............
From: RDVAX::BRIDGWATERS "BETTY BRIDGWATERS 223-2431
25-Jan-1993 1641" 25-JAN-1993 16:49:26.09
To: @AHA
CC: BRIDGWATERS
Subj: Resumption of U.S. Transition Program....
From:
MLOMTS::MLOMTS::MRGATE::"MROMTS::NROMTS::MRGATE::NEST::D
ICS_DIST" 25-JAN-1993 16:39:10.62
To: @Distribution_List
CC:
Subj: TRANSITION PROGRAM
From: NAME: DICS_DIST
<DICS_DIST@NEST@MRGATE@NROMTS@NRO>
To: See Below
********************************************************
*******
A Memo to managers from Dick
Farrahar
********************************************************
*******
Attached FYI is the text of a message regarding the
resumption of the U.S.
Transition Program, effective January 26, and the
revision of the TFSO package
for Q3. The message will be posted (Tuesday, January
26th, 8:30 A.M.) on
LIVE WIRE.
Please take a minute to read it, so you will be able to
respond to questions
from your employees. Any questions regarding this
material may be directed to
the U.S. Transition Program Office at DTN 223-3933.
Resumption of U.S. Transition
Program
********************************************************
**********
A Message to employees from Dick
Farrahar
********************************************************
**********
In keeping with our normal business practice, the U.S.
Transition Program was
reviewed at the conclusion of Q2. Following that
review, a new Transition
program will commence on January 26, 1993. At the end
of Q3, the program will
be thoroughly reviewed in the context of Digital's
business goals and the
worldwide restructuring and reengineering effort. Based
on that assessment, a
decision will be made regarding the program in Q4.
Digital must continue to transform its skill and
knowledge base and workforce
size to support core competencies and respond to
customers' needs. We must
respond flexibly to changing market conditions and
identify and eliminate
redundant work and work that does not differentiate
Digital from our
competitors.
The financial support package previously offered to U.S.
employees selected for
transition has been reviewed and revised. The package
that will be offered
during Q3 includes reduced cash payments, but still
compares favorably with
separation plans offered by other companies in our
industry. The revision
reflects current business conditions, the company's
current financial
performance, and our intent to manage transition
activity within the limits of
existing restructuring funds.
The elements of the package include seven weeks of
continuous pay, plus a lump
sum payment based on years of service; continuation of
medical, dental and life
insurance coverage for a period represented by the total
payments; formal
outplacement assistance; and where applicable, a
five-year acceleration of
restricted stock options.
The total payments will be as follows:
0 - 15 years of service Seven weeks
of continuous pay,
plus a lump
sum payment of one
week of pay
for every year of
service up
to fifteen years.
16 or more years of service Seven weeks
of continuous pay,
plus a lump
sum of 15 weeks of
pay, plus
two weeks of pay for
every year
of service between
16 and 30
years of service, up
to a maximum
of 52 weeks.
The Transition Program will be implemented and managed
business unit by
business unit. Each business will be reviewing its
workforce requirements
against its overall business and profit goals and
developing plans to address
specific workforce balance needs. The plans will be
reviewed on a business by
business basis by the Cross-Organization Committee.
Given current business conditions, it continues to be
imperative that we move
expeditiously to restructure the company; however, there
is an equal need to
continue to proceed in as careful and caring a manner as
possible, as Digital
defines the resources required to meet current and
future business needs.
DIGITAL INTERNAL USE ONLY Document
|
92.1163 | westfield to be sold... | ROULET::DWEST | if wishes were horses... | Tue Jan 26 1993 14:22 | 32 |
| (distribution and forwards deleted...)
Digital announces intention to sell
Westfield Metal Enclosures Manufacturing Unit
Digital this morning informed employees at its Metal Enclosures Manufacturing
Unit in Westfield, Massachusetts, that it intends to sell the unit. The
business, which opened in 1970, currently employs approximately 445 people
and is located in a 535,000 square-foot facility on approximately 200 acres.
Westfield manufactures and supplies a large portion of Digital's metal
enclosure requirements. The corporation intends to sell it as an intact
business.
Ed McDonough, vice president, Manufacturing and Logistics, said the decision
reflects the company's manufacturing strategy. "Our manufacturing strategy
centers around investing in areas that support our core competencies and
divesting ourselves in areas that do not differentiate us.
"While we are very proud of the contribution that the Metal Enclosures
Manufacturing Unit has made to our product offerings, it does not represent a
core competency for Digital under the current strategy," he added. "It is our
intention to sell the unit to an entity for whom metals manufacturing is its
primary business. In this way, Westfield can continue to be an important
part of Digital's supply chain."
To Distribution List:
(deleted...)
|
92.1164 | a word on the competition.. | TERAPN::PHYLLIS | in the shadow of the moon | Tue Jan 26 1993 19:32 | 7 |
|
John Akers resigned as CEO of IBM. They had a bunch of other
upper-management changes too but I don't have names. They also
announced they were cutting their dividend by 55%.
|
92.1165 | big blue ain't so big anymore | EZRIDR::SIEGEL | The revolution wil not be televised | Tue Jan 26 1993 20:53 | 12 |
| re: <<< Note 92.1164 by TERAPN::PHYLLIS "in the shadow of the moon" >>>
> -< a word on the competition.. >-
>
> John Akers resigned as CEO of IBM. They had a bunch of other
> upper-management changes too but I don't have names. They also
> announced they were cutting their dividend by 55%.
Their stock also went from 100 to 49 in 6 months.
We're hot on their tail (stock-wise, that is).
adam
|
92.1166 | | SUBPAC::MAGGARD | I am the Rhombus! | Tue Jan 26 1993 21:26 | 11 |
| > Their stock also went from 100 to 49 in 6 months.
>
> We're hot on their tail (stock-wise, that is).
Uh... isn't that the other way around. They're on ours -- albeit a bit
late.
What was that saying about the bigger they are...?
- jeff
|
92.1167 | IBM talk | ZENDIA::FERGUSON | A blues guitar echoes in my mind | Tue Jan 26 1993 23:18 | 6 |
| Dividend hit doesn't surprise me. Right now, the dividend is something like
$4.56 a SHARE! With the stock trading at about $48, that it nearly a 10%
return (yearly)! Not bad when compared to other companies paying a dividend,
and it beats the current interest rates easily, _after_ taxes!
|
92.1168 | | STAR::HUGHES | Captain Slog | Thu Jan 28 1993 15:44 | 11 |
| re 9 weeks et al
I've heard various interpretations of the '9 weeks requirement'. The
most consistant is that it is only required for plant closings. If so
they included 9 weeks in previous packages in case plants were closed,
to avoid ex-employees with the same length of service getting different
packages. Apparently there are no other plant closings anticipated so
they can afford to start decreasing the benefits to 'what the market
will bear'.
gary
|
92.1169 | Hoz 'bout... | XCUSME::MACINTYRE | | Thu Jan 28 1993 15:55 | 5 |
| Another possibility is that they might inform you of your layoff 2
weeks in advance and then pay the 7 weeks.
Marv_who_don't_got_no_clue
|
92.1170 | ...so THIS is how the company is organized... | SUBPAC::MAGGARD | I am the Rhombus! | Thu Jan 28 1993 16:17 | 218 |
|
I found this almost as useful as it is amusing... 8-)
- jeff
*********************
(Forwards Deleted)
From: NAME: ken kanady @mko
FUNC:
TEL: <KANADY.KEN AT A1 at AIMHI at MKO>
To: See Below
CC: See Below
Attached is Who's Who of Digital we've added to the "Dynamics of Digital"
framework (content portion of the Big Picture iniative). This may help
provide people wtih a single source to turn to in understanding
who's doing what as we speed along on our journey to profitability.
Its a snap-shot in time (of course) as you would expect...which will become a
permanent dimension of the Dynamics of Digital Organizational Excellence
segment when final integration with our Strategic Intent is complete.
But, in the meantime you may share the attached Who's Who as you deem fit.
And, as always, your help/feedback in maintaining the integrity of this
information is appreciated.
PS: Also included is a "conceptual" customer focused organization
chart...placing our "customers" at the very top our current/future decision
making priority list.
Regards,
Hope it helps.
Ken
APPENDIX: A WHO'S WHO with A CONCEPTUAL CUSTOMER FOCUSED ORGANIZATION:
Includes:
1. Customer Business Unit Managers (and Respective Business Managers)
2. Product/Service Business Unit Managers
3. Senior Leadership Team
4. Key Corporate Managers
5. Digital's Board of Directors
CUSTOMER BUSINESS UNIT (CBU) MANAGERS
AND RESPECTIVE BUSINESS MANAGERS
1. Communications, Education and Entertainment CBU...Paul Kozlowski
. Telecommunications - Ernst Wellhoener
. Education - Deb Nicholls
. Cable Television - Bill Styslinger
. Media - Bob Farquhar
. Entertainment - Susan Stevenson
2. Health Industries...Willow Shire
. Pharmaceuticals - Nancy Strecker
3. Discrete Manufacturing and Defense...Frank McCabe
. Automotive - Glenn Armbruster
. Aerospace - Diane Albano
. Electronics - Don Jenkins
. Defense - Jack Mckeen
4. Financial, Professional and Public Services...Bruce Ryan
. Banking - Norm Goldberg
. Insurance - Sandy Thomas
. Architecture, Engineering and Construction - Graham Roberts
. Public Aministration - Bob Trocchi
. Professional Services - Dave Pepin
5. Consumer and Process Manufacturing...John Klein
. Travel and Transportation - Pekka Roine
. Retail/Wholesale - Abbott Weiss
. Consumer Package Goods - Eli Lipcon
. Chemical - Toni Lee Rudnicki
. Utilities - Patti Foye
. Oil and Gas - Randy Levine
. Environment - Randy Levine
. Forestry, Mining, Metals and Glass - Rufus Sanders
PRODUCT AND SERVICE BUSINESS UNIT MANAGERS
6. Components and Peripherals...Larry Cabrinety
7. Storage...Charlie Christ
8. Personal Computers...Enrico Pesatori
9. Multivendor Customer Services...John Rando
DEC's SENIOR LEADERSHIP TEAM:
Bob Palmer - President & Chief Executive Officer
John Klein - Consumer and Process Manufacturing
Bruce Ryan - Finanical, Professional and Public Services
Paul Kozlowski- Communications, Education, Entertainment
Willow Shire - Health Industries
Frank Mccabe - Discrete Manufacturing and Defense
Charlie Christ - Storage
Enrico Pestatori - Personal Computers
Larry Cabrinety - Components and Peripherals
John Rando - Multivendor Customer Services
Dick Poulsen - European Sales and Services
Russ Gullotti - US Sales and Services
Bobby Choonavala - GIA Sales and Services
Win Hindle - Ethics and Business Practices
Martin Hoffmann - General Counsel and Secretary
Bill Steul - Chief Financial Officer
Bill Strecker - Engineering & Chief Technology Officer
John Sims - Strategic Resources
Bill Johnson - Corporate Marketing and Alpha
Ed McDonough - Manufacturing and Logistics
Vin Mullarky - Controller
Adriana Stadecker - Executive Operations Counsel
Dick Farrahar - Personnel
(Terri Fink - Secretary: Senior Leadership Team)
KEY CORPORATE MANAGERS
Brad Allen, Investor Relations
Sam Fuller - Corporate Research
Dick Fishburn, Investments and Business Development
Dan Infante, Information Management & Technology
Lucia Quinn, Strategic Planning Manager
Ilene Jacobs, Treasurer
Jan Jaferian, Manager, Corporate Licensing Organization
Bob Jolls, Product Marketing Manager
Henry Ancona, Business Planning Manager
Bonnie Bedell, Employee Development & Management Education
Charlie Holleran, Corporate Communications
Ray Humphrey - Corporate Security
Bob Paul - Corporate Purchasing Manager (Acting)
DIGITAL'S BOARD OF DIRECTORS
(As of Q1 FY/93)
Vernon R. Alden Thomas P. Gerrity
Phillip Caldwell William H. McLean
Colby H. Chandler Robert B. Palmer
Arnaud de Virry Thomas L. Phillips
Robert R. Everett
DIGITAL'S
ORGANIZATIONAL STRUCTURE
(ONE WAY OF VIEWING DIGITAL'S CUSTOMER FOCUSED EVOLUTION)
..
....
---------------
| OUR CUSTOMERS |
---------------
|
|
_______________________
| ACCT TEAMS & PARTNERS |
-----------------------
|
|
_______________ ________________
| BUSINESS UNITS| - | BUSINESS UNITS |
--------------- ----------------
|
|
----------------- -------------------- --------------------
| LEADERSHIP TEAM | - | CHIEF EXEC OFFICER | - | BOARD OF DIRECTORS |
----------------- -------------------- --------------------
distribution list: deleted
|
92.1171 | Wild Rumors... | DRINKS::WEISS | Beer -- It does a body good. | Thu Jan 28 1993 16:37 | 16 |
| I just heard an interesting rumor. Keep in mind that this was from an
ex-deccie, and I don't even know where he heard it. I was just wondering
if anyone in here heard it too?
Rumor is that the senior exec's gave themselves a $40K bonus because DEC
lost "only" $74 million last quarter, which was less than expected, and
thus gave the stock a big boost.
Please DO NOT forward this as an "official" rumor neither with nor without
my header info.
This may be complete horse hockey-pucks (putting on my Sherman T. Potter
cap :-) ), and I don't like spreading electronic rumors! (although I
guess by posting it here, I'm spreading it to a degree).
Dave
|
92.1172 | HUMANE::DIGITAL is talking | XCUSME::MACINTYRE | | Thu Jan 28 1993 16:47 | 15 |
| This bonus thing came out in the HUMANE::DIGITAL notes conference a
couple of weeks ago. No one has firmly shown that these bonus' were
indeed made. That conference is heavily used and is slow and often
hard to access. Tim Grady (among others in this conference)
participates. I'm also in there but response time is so slow, I run
out of patience very quickly. Maybe Tim or someone else bring us up to
speed on what the other conference is saying.
Marv
P.S.
I don't mean to presure you Tim but I get the feeling that your
connections to DIGITAL are faster than mine. It's so bad for me that I
hardly ever get in there anymore.
|
92.1173 | Faster ways in DIGITAL | SALES::GKELLER | yrs=4 Atax on wallet/attacks on 2nd | Thu Jan 28 1993 16:53 | 25 |
| > <<< Note 92.1172 by XCUSME::MACINTYRE >>>
> -< HUMANE::DIGITAL is talking >-
>
> This bonus thing came out in the HUMANE::DIGITAL notes conference a
> couple of weeks ago. No one has firmly shown that these bonus' were
> indeed made. That conference is heavily used and is slow and often
> hard to access. Tim Grady (among others in this conference)
> participates. I'm also in there but response time is so slow, I run
> out of patience very quickly. Maybe Tim or someone else bring us up to
> speed on what the other conference is saying.
>
> Marv
>
> P.S.
> I don't mean to presure you Tim but I get the feeling that your
> connections to DIGITAL are faster than mine. It's so bad for me that I
> hardly ever get in there anymore.
There is a read-only shadow of the Digital Notesfile which is supposedlyu
much faster than the active version. However I don't remember where it is
located.
Geoff
|
92.1174 | | LASSIE::TRAMP::GRADY | Short arms, and deep pockets... | Thu Jan 28 1993 17:02 | 9 |
| I used to participate more than I do nowadays, for the same
reason - poor response time. I haven't been following this
particular rumor, mostly because I've been laughing so hard
at the "personal name police" debate...;-)
It's funny, in a way. I used to get better response from
Tampa than I do now from LKG...
tim
|
92.1175 | | DEDHED::Spine | Tom Spine | Thu Jan 28 1993 17:10 | 9 |
| I used to follow the Digital notefile too, until poor response time
caused me to delete it from my notebook. It was so bad I could never
get into the conference.
Funny, I recall noticing that the response time went to h*ll during
the first week in December. Being the cynical type, I hadda wonder
if there was a planned degradation in performance on HUMANE...
tms
|
92.1176 | DIGITAL shadow location\ | KOBAL::MROGERS | I wanna be sedated | Thu Jan 28 1993 17:18 | 4 |
| The shadow version of DIGITAL is much faster if you're only planning to
read stuff. It's located at:
CNOTES::NOTES$SHADOWED:DIGITAL
|
92.1177 | | SLOHAN::FIELDS | and we'd go Running On Faith | Thu Jan 28 1993 18:09 | 7 |
| or you can send mail to HUMANE::DIGITAL and on the subject line type
the following ADD NODE::NAME and you will receive mail on a daily basis
of what was put into the notesconf. that past 24 hours......
Chris
I didn't know about the shadow conf......
|
92.1178 | | TERAPN::PHYLLIS | in the shadow of the moon | Thu Jan 28 1993 19:36 | 5 |
|
I have the memo about the 40K bonuses somewhere in my ALL-IN-1 account.
I'll put it in here when I find it.
|
92.1179 | | TERAPN::PHYLLIS | in the shadow of the moon | Thu Jan 28 1993 19:41 | 46 |
|
<<< HUMANE::DISK$DIGITAL:[NOTES$LIBRARY]DIGITAL.NOTE;1 >>>
-< The DEC way of working >-
================================================================================
Note 2332.0 Bonuses given this year 14 replies
ESBLAB::KINZELMAN "Paul dtn223-2605" 38 lines 18-JAN-1993 20:25
--------------------------------------------------------------------------------
From a reliable source in a position to know, I understand that last
month (December '92), Digital paid out bonuses up to $40K *each* to
some high level managers. These were not TFSO or SERP payments, but
*bonuses*. The fact that bonuses were paid out has also been
corroborated from another source. The bonuses were supposed to be
an incentive to return the company to profitability.
I don't know about you, but this type of thing makes me pretty upset.
I was under the impression that we just lost a pile of money, albeit
less than was expected. I'd think that keeping the company in business
so you can keep your job would be a pretty hefty incentive to high
level managers. If anything, bonuses should be given after we return
to profitability. I would like to hear Bob Palmer justify these bonuses.
Hearing about this kind of bonus is the sort of thing that would
further erode morale if we had any morale left to erode.
I asked Bob Palmer at the 1992 annual stockholders' meeting
if he would reaffirm the open door policy. Bob strongly
endorsed the policy and that's when he announced that he was going
to appoint a VP of Ethics. It sounded like some radical change might
happen to improve things.
However, I've seen no change being implemented that shows the morale issue
is being addressed or even acknowledged by the leadership of this company.
I don't think they have a clue as to the extent of employee dissatisfaction.
I was meeting with and presenting ideas to Jack Smith on a semi-regular
basis as a result of my memo posted in this file a couple of years
ago) in an effort to convince him to address the problem, but in spite of
his good words, as far as I can tell he has accomplished nothing in the area
of morale and management retribution. And I believe the employees' perception
of the integrity of management and employee morale are inexorably linked.
This note may be forwarded to any Digital employee provided the entire
message and header are forwarded.
-Paul Kinzelman
|
92.1180 | anyone in sale? | BUSY::IRZA | dance out of the rain | Thu Feb 04 1993 14:30 | 6 |
|
What exactly is the idea behind our slogan:
Digital: The open advantage
^dave
|
92.1181 | | EBBV03::SMITH | Think show | Thu Feb 04 1993 14:45 | 12 |
| > What exactly is the idea behind our slogan:
>
> Digital: The open advantage
Thats a tough one!
Is Digital open 24hrs???? I need a quick mainframe!
I always laugh when I see the DEC fleet trucks
with the "Personal Computing Office Solutions"
and they show a picture of a VT monitor with
no guts or anything.
|
92.1182 | actually, they're just old... | NAC::TRAMP::GRADY | Short arms, and deep pockets... | Thu Feb 04 1993 15:11 | 4 |
| Ummm...the original DEC pc's had those tubes on them...I'm talking about the
Rainbow, the DECmate and the PC350... They're old trucks.
tim
|
92.1183 | | NOPROB::JOLLIMORE | Dancin' Madly Backwards | Thu Feb 04 1993 15:16 | 16 |
| Open Advantage from Digital was announced in May of 1991 as
Digital's 5th generation of Networking.
"ADVANTAGE Networks, Digital's fifth generation of networks,
intergrates OSI, TCP/IP and DECnet network protocols. ... [it]
allows organizations to enhance their competitive postion by
minimizing costs, increasing user access to information, and
adding capabilities not yet addressed by the standards
committees."
> and they show a picture of a VT monitor with
actually dino, it's a VR201 monitor. :-)
old monitors, old sayings on old trucks.
Jay
|
92.1184 | | EBBV03::SMITH | Think show | Thu Feb 04 1993 15:41 | 13 |
| >actually dino, it's a VR201 monitor. :-)
Geeez...if anyone should know that it should
be me. The ol gang in CRC would have hung me
if I ever confused the two, VR201-A,B,C,D, used
to be my favorite insta-pak shapers! ;-)
BTW: Say hi to whats left of the ol gang for me,
will ya?
Thanks
|
92.1185 | | NOPROB::JOLLIMORE | Dancin' Madly Backwards | Thu Feb 04 1993 15:47 | 5 |
| > Geeez...if anyone should know that it should be me.
Yeah, I thought so ;-)
parts are my life ;-)
|
92.1186 | DEC takes a stand on Amendment 2 (Colorado) :-) | NECSC::LEVY | Takes alot to win, even more to lose | Thu Feb 04 1993 16:24 | 53 |
| Date: 4-FEB-1993 13:08:30.61
From: CSCMA::BSS::P_STEPHANY "Pam-Pam Pizza 04-Feb-1993 1002"
Subj: (U) Amendment 2 Communication Meeting Clarification
To: @ALL_CSC
CC:
46 records, external message id MAIL$7A15ED9E00050096.MAI
Attributes: New message
I N T E R O F F I C E M E M O R A N D U M
Date: 04-Feb-1993 09:24am MST
From: Greg Liverman @ CXO
LIVERMAN.GREG AT A05 @CXO3 @CXO
Dept: CSC Programs & Operations
Tel No: (719)592-4435
Subject: (U) Amendment 2 Clarification Communication Meetings
Digital Equipment Corporation is taking an active role in the support
of the "Clarification Amendment". This Amendment, if passed, will
replace Amendment 2.
Amendment 2 prohibits special rights, but allows discrimination, based
on certain types of sexual orientation. This is counter to Digital's
culture, values and policies. The environment that has resulted
since the passage of Amendment 2 is divisive and not conducive to
attracting and keeping quality employees and business partners in
Colorado and Colorado Springs.
The "Clarification Amendment" clearly and simply states that special
rights and discrimination are prohibited on the basis of sexual
orientation.
Digital's Colorado Springs Senior Management Team, supported by
corporate management, has determined that Digital will take an active
role in achieving the passage of the "Clarification Amendment". You
will be seeing communications from the Senior Management Team about
Digital's actions. You will be seeing Digital's name in the press.
In addition, I will be holding communication meetings tomorrow and
next week to present Digital's position and answer questions.
The communication meetings will be held:
Friday, February 5, 3:00pm - 4:00pm, Rocky Mountain Room
Monday, February 8, 8:00am - 9:00am, Rocky Mountain Room
Friday, February 12, 9:00am - 10:00am, Rocky Mountain Room
The presentation should last about 20-30 minutes, so the rest of the
time is available for questions. In addition, both myself and Ken
Brewer are available in CXO3 to answer questions.
|
92.1187 | Glad to se DEC take that stand | BSS::MNELSON | | Thu Feb 04 1993 16:52 | 8 |
|
I am real glad to see DEC taking a more active stand. This issue
has truely divided lots of folks/groups. The fallout from this
has been incredible. Sad to see so many people voting for such
a discriminatory amendment.
It was relieving to see the Courts put an injunction in place to
prevent the law amendment from being enacted.
|
92.1188 | | CXDOCS::BARNES | | Thu Feb 04 1993 17:39 | 1 |
| RIGHT ON!!!!
|
92.1189 | UPDATE ON DIGITAL'S UNIX STRATEGY | CSCMA::M_PECKAR | under eternity | Thu Feb 04 1993 18:42 | 98 |
| good stuff
From: KYOA::CANONICA "02-Feb-1993 0826" 2-FEB-1993 08:30:42.02
To: @ALPHA_SUPT_EAST,@SCE_CONS
CC: NYEM1::GRADO
Subj: FYI Livewire item on UNIX strategy
<forwarding removed>
FYI, attached is the item on the UNIX strategy which we just
posted on LIVE WIRE (working with Sandy Carpentier). We intend
to follow up with another item specifically on the campaign.
Best wishes.
Richard Seltzer
*********************************************
UPDATE ON DIGITAL'S UNIX STRATEGY
Bill Demmer, vice president, Computer Systems Group, recently
sent a message to the Field to explain the company's UNIX
strategy. The following article is based on that message. A DVN
broadcast on Feb. 10 will provide greater detail (see below).
*******************************************************
Our corporate strategy embraces three operations systems: UNIX*,
OpenVMS and NT. Of these, the UNIX market is probably the most
complex because there are so many different varieties of this
operating system and because of recent realignments of major
players. But this rapidly growing market is very important to
Digital and our customers, and all employees should make an
effort to understand our commitment and direction here.
Research indicates that the UNIX market is growing at 21% a year.
Migration to UNIX solutions is also growing, and more than half
of the computer downsizing trend is moving to UNIX systems. Many
governments and corporations have standardized on UNIX and are
beginning to implement based on that standardization. We see
major revenue growth opportunities for Digital in UNIX and intend
to take full advantage of them.
Our corporate UNIX strategy for our Alpha AXP architecture is a
"unified UNIX" based on a modular design which incorporates all
of the latest Open Software Foundation technologies and which
will allow us to efficiently incorporate upgrades (such as the
SVR.4 interface standards). This means our unified UNIX is OSF*,
System V, and ULTRIX compatible and is a well-designed operating
system; and given the recent plans for Novell to acquire USL, it
begins to look like the only truly "open" implementation of a
UNIX operating system. Also, both Hewlett-Packard and IBM have
recently made statements to the press on their plans to broaden
their use of OSF technology.
Our strategy is to offer a complete UNIX environment. This will
include third-party products where it makes more sense to
"partner" than invent our own products. We are now evaluating
commercial aspects of our unified UNIX from a "buy or design in
house" perspective. This research is almost complete and many of
the decisions will be discussed on the Feb 10 DVN broadcast.
In addition, we support SCO* UNIX on our Intel products which are
fully interoperable with other desktop products via our
networking technology.
We also continue to support ULTRIX on MIPS, but will encourage
our customers to move to Alpha AXP and OSF/1 as quickly as they
can. We have programs in place to assist in the transition. We
will continue to bring the MIPS CPU daughtercard to market, but
hope that we can make the migration path to Alpha AXP so
attractive, simple and cost effective that they will choose to
move directly to Alpha. We understand that application
availability has a great deal of influence on the upgrade
decision for a customer. And, we are working agressively with
third parties to encourage them to move to Alpha AXP as quickly
as possible.
With our Alpha AXP and unified UNIX combination, we are in an
excellent position to establish ourselves as a major vendor in
the UNIX market and we intend to do exactly that.
*****************************************
On Wednesday, Feb. 10, from 2-4:30 p.m. (EST), Bob Palmer and senior
Digital management will update the press, analysts and
consultants on "Winning with UNIX/ALPHA". Following the
briefing, there will be a panel of corporate UNIX experts to
answer questions from the Field. This event will be broadcast via
DVN to allow sales people and CSOs to participate. Detailed
supporting materials will be distributed through regional
representatives, (Tim Turbett, US; Suzanne LaForge, GIA; and
Niels Bogstadt, Europe).
*UNIX is a trademark of UNIX System Laboratories, Inc. OSF is a
trademark of Open Software Foundation. SCO is a trademark of
Santa Cruz Operations, Inc.
|
92.1190 | STAND UP, SPEAK OUT !!!!! | CXDOCS::BARNES | | Mon Feb 08 1993 15:47 | 13 |
| well, as I expected, the clarification of Amendment 2 has brought out the
closet DEC bigots again. I can't for the life of me understand these
people! Are they so blinded by their religion/persepective/upbringing
that they would willfully (no pun intended) teach hate and bigotry
to their children??? or cause pain and suffering in their own
state/city!!?? I usually try and see all sides of an issue, cause I
ain't no rocket scientist (or UNIX geek, either %^) ) and believe me I
HAVE TRYED to see through the eyes of the amendment proposers and
backers.....but not anymore, I'm tired of it, and NOT GONNA TAKE IT
ANYMORE DAMMIT!!!!
whew! glas that's out of my system, for at least another 10 -15 mins
anyways.
|
92.1191 | Another one sick off short-sighted bigots | BSS::MNELSON | | Mon Feb 08 1993 16:07 | 25 |
|
Hey rfb,
I got into it on Friday with my group. I was so pissed when I got
done I was shakin'. My co-workers are very conservative or military
types. The main argument they made was that "THEY" (g/l/b's) are
pushing for too many rights. "THEY" should not have insurance for their
significant others. "THEY" shouldn't be in the military. That "THEY"
should not be recognized because the institution of marriage is
supposed to be and has always been man/woman and so on. All I could
do was insist that "THEY" are AMERICANS/HUMANS and should enjoy all
the same basic rights as anyone else, and who's business is it what
THEIR orientation is, as long as it doesn't infringe on their (my
cowokers) rights.
My coworkers are convinced that all these rights are send America to
hell in a handbasket. Whether it be gay rights, the protection against
illegal searches and siezures, Freedom of speech, separtion of church
and state, etc... All I can say is everyone should "STAND-UP FOR
EVERYONES RIGHTS, DAMMIT". These basic rights and freedoms are what
makes the country great and we can't let our rights be eroded.
I'll get off my soapbox. I am very sick of the short-sighted bigots
too!!!!
Mark
|
92.1192 | | SLOHAN::FIELDS | and we'd go Running On Faith | Mon Feb 08 1993 16:10 | 7 |
| ah yes the god fearing folk....who will say that God did not intent for
his people to live a gay lifestyles....it just ain't natrual....
what did God stop by their house for some coffee and small talk and
tell them this ?
Chris
|
92.1193 | LOVE ALL "THEM'S" | CXDOCS::BARNES | | Mon Feb 08 1993 16:16 | 4 |
| re.1191 and yer co-workers MNELSON....I've noticed some strange looks
directed at me when I've come by yer office, Mark....I'm fast losing
my tolerance....send some good vibes my way all, please..
rfb
|
92.1194 | Group resident liberal | BSS::MNELSON | | Mon Feb 08 1993 16:24 | 10 |
|
My coworkers view me as one of them died in the wool LIBERALS from
back east. My hair is too long, My attitude too loose, my political
inclinations way too far to the left. Thankfully their opinions don't
faze me, too much.
Stop by again soon, rfb. I love gettin 'em riled.
mark
|
92.1195 | cut yerself some slack, mon! | CSCMA::M_PECKAR | Question reality | Mon Feb 08 1993 16:50 | 7 |
|
Mark and rfb...
Ya can't rilly blame these guys, now, in light of the fact that for
the last twelve years our adminstration and its policies haven't exactly
discouraged conservative bigotry....
|
92.1196 | | DEMING::DCLARK | I'm younger than that now | Mon Feb 08 1993 17:26 | 7 |
| Man, I was up early yesterday, flipping through cable channels.
Every one past '20' seemed to have a TV preacher on, railing
against Clinton and his position on gays in the military. One
guy (I think it was Oral Roberts) already has a video out on the
subject. (You could buy it for $19.95; talk about a customer-driven
organization!). Pretty bizarre; there's a shadow, conservative
press out there that a lot of people apparently tune in to.
|
92.1197 | | CXDOCS::BARNES | | Tue Feb 09 1993 20:56 | 9 |
| in my seemingly constant battle with the decbigots(tm) over Amd 2, i
have, after being called "commie pinko liberal PC", come up with the
term "RC"...religiously correct...no offense intended to anyone who
considers themselves a religious person (cause I consider myself one,
possible more of a spitual person, but...) but I'm proud of myself....
probly got another topic write-locked because of the term too
STAND UP SPEAK OUT rfb
|
92.1198 | ALPHA and other stuff... | ROULET::DWEST | if wishes were horses... | Wed Feb 10 1993 11:58 | 89 |
| From: CADSYS::DELNI::EXPAT::VNS "The VOGON News Service 10-Feb-1993 0408"
To: VNS-Distribution
CC:
Subj: VNS #2764 Wed 10-Feb-1993
<><><><><><><><> T h e V O G O N N e w s S e r v i c e <><><><><><><><>
VNS COMPUTER NEWS: [Tracy Talcott, VNS Computer Desk]
================== [Littleton, MA, USA ]
Monday's Market Digital Fair Market Value
Quote Change 1-Jun-1992 $40.750
IBM 52 7/8 + 7/8 30-Nov-1992 $33.6875
85% of lower $28.75
Tuesday's Market Dow Jones Change 1-Dec-1992 $32.687
DEC 43 1/8 + 1/2 3414.58 -22.96
Digital - Alpha AXP systems and chip continue to win awards
{Livewire, Worldwide News, 9-Feb-93}
The editors of QUARTERLY DEC JOURNAL have bestowed a 1992 Technology Award
upon the DEC 4000 AXP and VAX 4000 computer families, noting that "the 4000
family has been remarkable in its capabilities and functionality and a true
value for end users." QUARTERLY DEC JOURNAL is an independent publication of
the Information Systems Management Group, a division of Computer Economics in
Carlsbad, CA.
The DEC 4000 AXP computer is "the type of system that many users have been
waiting for," notes DIGITAL DIRECTIONS REPORT, a publication of Computer
Economics, Inc. "DEC has made Alpha software migration a top priority and has
developed a flexible and economic system for porting virtually any software to
OpenVMS, OSF/1 and Windows NT. This approach makes economic sense as Digital
attempts to attract customers to Alpha from other vendors as well as VAX
users."
Also, the independent Czechoslovakian computer magazine, SOFTWAROVE NOVINY
(Software News), has selected the Alpha AXP chip as the winner of the "1992
Product of the Year" award in the category of "Most Innovative/Influential
Hardware."
Already, the Alpha AXP microprocessor and systems have been awarded honors
by the editors of major computer trade publications such as BYTE, CORPORATE
COMPUTING, UNIX WORLD, DIGITAL NEWS & REVIEW, and the U.K.'s PERSONAL
COMPUTER WORLD.
Digital - Joins NFL in Los Angeles youth education project
{Livewire, U.S. News, 9-Feb-93}
Digital has joined the National Football League (NFL) as a partner in its
Youth Education Town project to be built in south central Los Angeles.
The youth enrichment project will replace the Watts/Willowbrook Youth
Education Training center, which was severely damaged during the 1992 Los
Angeles riots. The goal of the NFL project is to provide a "safe haven" where
the area's at-risk youth can enjoy fun recreation and educational tools.
Digital will provide the nonprofit community project with $100,000 in
personal computers and maintenance. The Digital personal computers will be
used in the computer classroom, computer library, education laboratory,
administrative computing department, and weight room. These personal computer
systems will be used to develop basic computer skills and allow the students
to use them as a learning tool. In addition, the computers will be used in
the administrative areas of the center for inventory purposes and database
management.
In addition to providing personal computers for the center, members of
Digital's Los Angeles Community Relations Committee will volunteer at the
center as mentors to the students. This effort by Digital reflects a long
history of corporate involvement and service in the many communities around
the world and a desire to improve the quality of life in those communities.
In the Los Angeles area, Digital continues to work with the community to
assist students in many areas, including education. Digital adopted the Los
Angeles 95th street preparatory school several years ago and has created a
variety of mentor programs focused on scholastic excellence. The company's
efforts with the school have included programs designed not only to help
students stay in school, but also to help students excel in school.
In the process of selecting Digital as a partner for the NFL Youth Education
project, the NFL learned of Digital's personal involvement with the Los
Angeles 95th Street preparatory school. Reggie Williams, director of the NFL
Education Youth Town Project says, "Together with Digital Equipment
Corporation, we are proud to be able to assist in these community programs
and encourage other members of the business community to join Digital in
selected initiatives through co-participation, collaboration, and replication
of community programs."
<><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><>
Please send subscription and backissue requests to EXPAT::VNS
Permission to copy material from this VNS is granted (per DIGITAL PP&P)
provided that the message header for the issue and credit lines for the
VNS correspondent and original source are retained in the copy.
<><><><><><><><> VNS Edition : 2764 Wednesday 10-Feb-1993 <><><><><><><><>
|
92.1199 | is this place cursed or what! | BUSY::IRZA | smile with the rising sun | Thu Feb 11 1993 17:07 | 51 |
| From: BUSY::HART "Janet.....SBO Personnel - 228-5149 11-Feb-1993 1352" 11-FEB-1993 14:07:54.09
To: @FXO.DIS;
CC:
Subj: CONSTRUCTION INCIDENT - PLEASE READ ....FYI
From: OBSESS::PRICKETT "FRED, 225-4441 11-Feb-1993 1240" 11-FEB-1993 12:45:48.56
To: JANET,ULF
CC: ME
Subj: Please distribute in FXO, thanks
+---------------------------+TM
| | | | | | | |
| d | i | g | i | t | a | l | INTEROFFICE MEMORANDUM
| | | | | | | |
+---------------------------+
TO: All HLO Employees DATE: 11-Feb-1993
FROM: Bruce Nonnemaker
DEPT: Worldwide Semiconductor
Manufacturing Group Mgr.
DTN: 225-4101
LOC: HLO1-1/J07
ENET: SCOMAN::NONNEMAKER
===========================================================================
SUBJECT: CONSTRUCTION INCIDENT - *** PLEASE READ ***
===========================================================================
At 11:00 a.m. today, a crane being used to construct Fab 6 toppled into
the side of HLO 1 and penetrated the structure. No injuries resulted
for either Digital or Contracting Employees, although the building
sustained damage.
Employees have been evacuated from the area, utilities are being addressed
and initial cleanup is underway.
We would appreciate the cooperation of everyone to keep out of the area,
until further notice. Plans are currently in process to lift the crane.
Investigation into the incident will proceed and communication will be
forthcoming as available.
BWN:
|
92.1200 | Eve got the afternoon off | DEMING::DCLARK | I'm younger than that now | Thu Feb 11 1993 17:13 | 4 |
| re .-1
all the debris landed in Eve Hadrych's cube! It was the dumbest thing
I've seen since the concrete pouring accident last month :-)
|
92.1201 | | CIVIC::ROBERTS_CR | a blinding flash o'the obvious | Thu Feb 11 1993 17:22 | 4 |
|
so like is this a joke or what?
|
92.1202 | ...sigh... | SUBPAC::MAGGARD | Gone Phishin' | Thu Feb 11 1993 17:32 | 25 |
| re: -< is this place cursed or what! >-
It's gettin' so that I'm not so sure I feel safe coming to work
anymore... >B-|
They've got most of the cubicals in the northeast corner of HLO1 roped
off at the moment -- and have sent those folks home I think. Before,
they had just a few cubicals in the affected area roped off, and I was
able to see a number of constuction folks standing around scratching
their heads and a few other folks with rather unhappy looking faces.
I was (and still am) sitting about 100' from where the crane hit the
roof on the north side of HLO1: causing a few ceiling tiles, some
wiring, and a couple bricks came crashing down into the office area.
There's a wall in-between me and the office area so I didn't hear
it happen over all the equipment noise here in the lab. I didn't know
anything had happened until I noticed that the lights in the office area
were turned off.
I don't know what caused this 'accident,' so I won't bother speculating
or pointing fingers...
- jeff_at_the_scene_in_HLO1
|
92.1203 | | EBBV03::SMITH | Think show | Thu Feb 11 1993 17:51 | 9 |
|
Thats unbelievable!
Sounds like they need to change something
over there!
New construction company maybe? new
engineers? hell, howsabout a new site?
|
92.1204 | | CIVIC::ROBERTS_CR | a blinding flash o'the obvious | Thu Feb 11 1993 18:11 | 4 |
| oh fer chrissake .. this is going to put lots of engineer_bashers into
seventh heaven.
|
92.1205 | relax... have a -oh, nevermind... :^) | ROULET::DWEST | if wishes were horses... | Thu Feb 11 1993 18:11 | 23 |
| Jeff-where do you sit doood??? my office is about 100' away too!
once again, i was sitting in my office and heard, and FELT, the
incident... pretty scary stuff when it shakes the whole building!
as far as "is this a joke?" goes, nope, it's for real...
as far as "they should change something there" goes, the two incidents
are COMPLETELY unrelated (except for the unhappy fact that they aere
working on our new facility)... the company that the crane is with is
not the same company as the concrete people who were pouring the slab
that collapsed... and for what it's worth, both are subcontractors and
not the actual company uinder contract to put up the structure... this
incident has not affected the new building at all... in fact, i doubt
they will even have to halt construction for an investigation this time
since it has nothing to do with the structure-just a single piece of
equipment... they MAY have to have building one inspected befroe
reactivating power and letting everyone back into those offices (though
they just told me i can return to mine now) and turn on the power to
that section of the building again... a couple of other cranes are now
being used to put the first one upright again...
da ve
|
92.1206 | the engineers are "safe" :^) | ROULET::DWEST | if wishes were horses... | Thu Feb 11 1993 18:14 | 7 |
|
re engineer bashing...
sorry-no fodder for engineer bashing... crane operator bashing maybe,
but i don't see how the engineers can take the heat for this...
da ve
|
92.1207 | | CIVIC::ROBERTS_CR | a blinding flash o'the obvious | Thu Feb 11 1993 18:34 | 6 |
| yeah - I put that in here because when the first accident happened I
heard about a man who nearly had a heartattack in his rage over these
'high priced-fancy engineers who aren't worth the poweder it would ...'
well you get the idea.
carol
|
92.1208 | | EBBV03::SMITH | Think show | Thu Feb 11 1993 19:11 | 9 |
|
Seeing that I care about my friends, coworkers,
and fellow noters at HLO. I just hope they do
what they need to do to prevent any further
accidents from occuring.
I also read my previous note again
and I was NOT!!! engineer bashing
|
92.1209 | | NAC::TRAMP::GRADY | Short arms, and deep pockets... | Thu Feb 11 1993 19:25 | 23 |
| I'm with that small group of wierdos that doesn't believe in luck
or coincidence...only stupidity in disguise (or in denial).
Look closer. There's something going wrong over there, not just
an amazing coincidence or incredible bad luck.
For example: I've heard, but haven't seen it first hand, that the
Massachusetts building codes are nearly laughable in what they
don't cover. Having owned three houses here, I tend to believe it.
...and we probably don't have to mention what 12 years of republicans
have done to OSHA...
...and what does the general contractor in HLO have to say? I'd be
really nervous if I were in their shoes right now...
Bad luck is nothing but stupidity, in denial. If this is random chance,
the law of averages says there won't be any more construction accidents
in Massachusetts until, like, September. Right.
tim
P.S. Am I starting to sound like Conspiracy_FogP?
|
92.1210 | un-pc | DEMING::DCLARK | I'm younger than that now | Thu Feb 11 1993 20:09 | 5 |
| this is not really germane, but it is funny ...
the crane subcontractor (must be a real macho bunch of
guys) is called Steel Erection Co. I bet they're hard
workers, eh? :-)
|
92.1211 | So shall we start duck-n-cover drills here @ HLO? | SUBPAC::MAGGARD | Gone Phishin' | Thu Feb 11 1993 20:30 | 17 |
|
re: da ve
I'm in the Device Lab at the momoent... ...have been all week. If you
press yer nose against the first glass window on the left as you enter
HLO1 from the gerbil-tube, you can't miss me! ;-)
BTW, my office is @ HLO2-3/J9.
re: jokes
I don't come off as sounding too stiff... (sorry ;-) but seriously,
something about this incident really pisses me off. Cranes don't just
spontaneously fall over for no reason! I don't want my a$$ (or anyone
elses!) getting squashed by some yay-hoo crane operator!!!
- jeff_venting
|
92.1212 | This just in... | SUBPAC::MAGGARD | Gone Phishin' | Thu Feb 11 1993 21:06 | 44 |
| From: SUBPAC::PROPER "11-Feb-1993 1744" 11-FEB-1993 17:45:47.51
To: @SITEMAIL.DIS
CC:
Subj: SITEMAIL: CONSTRUCTION INCIDENT UPDATE
+---------------------------+TM
| | | | | | | |
| d | i | g | i | t | a | l | INTEROFFICE MEMORANDUM
| | | | | | | |
+---------------------------+
TO: All HLO Employees DATE: 11-Feb-1993
FROM: Bruce Nonnemaker
DEPT: Worldwide Semiconductor
Manufacturing Group Mgr.
DTN: 225-4104
LOC: HLO1-1/J07
ENET: SCOMAN::NONNEMAKER
===========================================================================
SUBJECT: CONSTRUCTION INCIDENT UPDATE - *** PLEASE READ ***
===========================================================================
The construction crane has been removed from the building and the
structure has been temporarily repaired.
For your information, two Digital employees sustained minor injuries
while evacuating the area.
A communication meeting for WSM employees has been scheduled for tomorrow,
February 12, 1993, at 8:40 a.m., HLO 2 Cafe Annex, to update everyone on
corrective actions being implemented in the affected area.
BWN:
|
92.1213 | whoops | BINKLY::CEPARSKI | Dust Off Those Rusty Strings | Thu Feb 11 1993 21:15 | 3 |
|
Yeah- I think we should give that crane-operator a drug test, huh? ;^)
|
92.1214 | | BINKLY::DEMARSE | Alison's starting to happen... | Fri Feb 12 1993 12:24 | 7 |
| >> If you press yer nose against the first glass window on the left as
>> you enter HLO1 from the gerbil-tube, you can't miss me! ;-)
The gerbil tube! Bahahahahaha........It does look like that, doesn't
it....
:), danielle
|
92.1215 | hlo-a haven for heads? | ROULET::DWEST | if wishes were horses... | Fri Feb 12 1993 13:52 | 5 |
|
Danielle, are you here too???? wow... it must be getting time for an
hlo-head thai lunch soon!
da ve
|
92.1216 | from VNS... all you jonesin' for office supplies, here's help | ROULET::DWEST | if wishes were horses... | Fri Feb 12 1993 13:53 | 98 |
| From: CADSYS::DELNI::EXPAT::VNS "The VOGON News Service 11-Feb-1993 0408"
To: VNS-Distribution
CC:
Subj: VNS #2765 Thu 11-Feb-1993
<><><><><><><><> T h e V O G O N N e w s S e r v i c e <><><><><><><><>
Please send subscription and backissue requests to EXPAT::VNS
VNS COMPUTER NEWS: [Tracy Talcott, VNS Computer Desk]
================== [Littleton, MA, USA ]
Digital - Sees turnaround
{The Boston Globe, 9-Feb-93, p. 61}
A top Digital Equipment Corp. executive yesterday portrayed the ailing
computer maker as having made significant progress toward cutting costs and
focusing on customers.
"We are beginning to turn around," said William D. Strecker, VP of
engineering, in a presentation that lacked specifics.
Strecker briefed reporters and analysts during separate sessions at the
Copley Mariott hotel. He described how the company had reorganized its
engineering function around seven areas of competency and said that the $14
billion giant would now restrict its focus to customer segments where it could
be he number one or number two provider.
He also said that decision-making was residing in the hands of a senior
leadership team - "replacing a bunch of committees," he noted - composed of
heads of the company's nine business units, as well as some other top
executives.
Strecker said that engineering had spent the last two months of 1992
rationalizing its products, and that most of its cost-cutting was completed.
Declining to provide specifics, he said that the company had cut "a very
significant amount of costs" from engineering. "The dollar amount was not
trivial," he added.
A 20-year veteran of Digital, Strecker said that the company was now intent
on having a lean cost structure like that of personal computer makers.
Instead of simply offering products, the said, the company now seeks to
provide systems to customers. In doing so, he said that Digital would not
hesitate to buy technology from outsiders. he also suggested that Digital
could sell off some businesses.
Strecker pointed out that in its most recent quarter, Digital reported a
narrower-than-expected loss of about $74 million. "It was the first time in
several quarters that growth in expenses was less than the revenue growth," he
said.
Digital laid off about 6,500 employees during the quarter which ended Dec.
26 and is expected to cut another 15,000 or so jobs. "There's a lot of gloom
and anxiety at the lower levels," said Charles Casale, chairman of Aberdeen
Group Inc., a Boston market research firm. "But at the higher levels, there's
a new spirit of enthusiasm. Without that, this turnaround isn't going to
happen."
In New York Stock Exchange trading, Digital ended the day up 3/8, at 42 5/8.
Digital - Notes file for office supply 'swaps' becoming popular
{Livewire, U.S. News, 9-Feb-93}
A relatively new notes file is rapidly gaining popularity and proving the
need for an effective resource while Digital saves money on office supplies.
Use of the notes file, DELTA_SWAPSHOP, has greatly increased since the
company froze office supply purchases in December.
DELTA_SWAPSHOP is an electronic bulletin board for posting the availability
of or need for office supplies or computer-related items. It extends the
concept of recycle depots for sharing supplies, implemented by many Digital
sites. It is not: a replacement for the DIAL or property disposition
processes; a place to dispose of personal items; meant for profit.
A variety of items has changed hands through the notes file. Big items
include a transcribing machine and an answering machine.
Smaller items include such computer supplies as TK50 tape cartridges;
Ethernet Thinwire station adaptors; a variety of printer supplies and
maintenance kits; 20/20 keypad overlays; a Rainbow color graphics module;
third-party software manuals; floppy diskettes, and a Souvenier type font.
Among the office items being swapped are: copier supplies; desk calendars;
appointment books; white boards; a calculator; white business, brown padded,
and interoffice envelopes; internal phone directories; transparent tape;
paper clips; colored highlighter pens; spiral notebooks; transparencies; and
hundreds of binders and file folders.
A site in Littleton, Mass. put up for grabs all their site-wide excess
items. Conversely, a few employees working in expanding organizations
added their long list of needs to the file.
One employee in Merrimack, N.H. found recipients for 38 cases of excess
loose-leaf binders.
Recently, the originator of DELTA_SWAPSHOP, Maxine Crowther, posted a note
requesting feedback on the notes file. Responses were positive. Many
employees were impressed with the number of items they found for themselves
and their departments, and how quickly they found "homes" for their excess
items.
To add DELTA_SWAPSHOP to your notes directory, type: ADD ENTRY CAPNET::
DELTA_SWAPSHOP.
<><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><>
Please send subscription and backissue requests to EXPAT::VNS
Permission to copy material from this VNS is granted (per DIGITAL PP&P)
provided that the message header for the issue and credit lines for the
VNS correspondent and original source are retained in the copy.
<><><><><><><><> VNS Edition : 2765 Thursday 11-Feb-1993 <><><><><><><><>
|
92.1217 | Innerstin' phenomena | CSCMA::M_PECKAR | Question reality | Fri Feb 12 1993 14:17 | 13 |
|
Re: ConspiracyTim... :-)
What blows me away is that right now, New England is experiencing a
multi-decade low in construction, both commercial and residential.
You'd think that only the cream of the crop of the industry would be left
doing work, but somehow, incompetance still seems to prevail in the industry.
I have been hearing a lot of stories about new construction and nightmares
with contractors in this area. Our day care provider just bought a newly
constructed house and at two months old, its clear it was so poorly
constructed that it won't last ten years...
|
92.1218 | | STAR::HUGHES | Captain Slog | Fri Feb 12 1993 18:14 | 12 |
| We've had a lot of trouble with contractors of late. Near as I can tell
these guys are trying to maintain their inflation adjusted income and
the market probably won't bear much of a price increase. So, they try
to fit more work in with the net result that they jerk their customers
around and don't do as complete a job as they should.
And they rely on people not wanting to hassle again with quotes etc so
they figure they won't get fired once they've started. Well, I know one
contractor who got that wrong even though it meant leaving our bathroom
in a mess for several months.
gary
|
92.1219 | *RUMOR ALERT* | SUBPAC::MAGGARD | Gone Phishin' | Fri Feb 12 1993 19:47 | 13 |
|
I just got the 'official rumor (tm)' about yesterday's incident at a
safety meeting today...
Apparently, the operator of the crane retracted the out-riggers (safety
braces) to let a cement truck pass by. He forgot to put 'em back and
the crane toppled over onto HLO1 shortly thereafter.
I usually don't spread rumors, but this came from in 'informed source'
so it's probably correct... ...or at least close.
- jeff
|
92.1220 | | ROULET::DWEST | if wishes were horses... | Fri Feb 12 1993 19:53 | 1 |
| your information is correct... that's how it happened...
|
92.1221 | mmmmmmmmmmmmmmmm....... thai food............. | ROCK::ROCK::FROMM | Nothing's worth nothing, but it's free. | Sun Feb 14 1993 00:20 | 8 |
| > Danielle, are you here too???? wow... it must be getting time for an
> hlo-head thai lunch soon!
sounds good to me! it's been way too long since i've been to chez siam
(although i like it enough that i've been known to say that after a week
has passed)
- rich
|
92.1222 | Ah, those were the days! | SPOCK::IRONS | | Wed Feb 17 1993 15:06 | 15 |
| > <<< Note 92.1211 by SUBPAC::MAGGARD "Gone Phishin'" >>>
> -< So shall we start duck-n-cover drills here @ HLO? >-
>
>
> re: da ve
>
> I'm in the Device Lab at the momoent... ...have been all week. If you
Hey Jeff!
I used to be the technical support in that lab. It was MY lab for a
few years! :^) I system managed the LAVC in there along with some of the
hardware. A guy name Mike Berg supports it all now. Know 'em?
dave
|
92.1223 | careful with that probestation, Eugene! | SUBPAC::MAGGARD | Gone Phishin' | Wed Feb 17 1993 20:23 | 12 |
| > I used to be the technical support in that lab. It was MY lab for a few
> years! :^) I system managed the LAVC in there along with some of the
> hardware. A guy name Mike Berg supports it all now. Know 'em?
yup. He's the guy who helps me out when I say "oops, sorry I broke this,
but can you fix it for me? I need it NOW" ;-) Mike's a great guy.
Managing this LAVC must be a nightmare! It's ALWAYS got something broke
somewhere... ...AHAH! _now_ I know who to blame! 8-)
- jeff
|
92.1224 | | ZENDIA::FERGUSON | I had one of those flashes | Wed Feb 17 1993 20:26 | 9 |
|
Good news:
the product i'm now working on (not inspect) exceeded its
revenue forcasts by 40%...
$1.12M worth of product sold.
|
92.1225 | Tounge only slightly in cheek... | DRINKS::WEISS | Beer -- It does a body good. | Thu Feb 18 1993 11:59 | 11 |
| > the product i'm now working on (not inspect) exceeded its
> revenue forcasts by 40%...
>
> $1.12M worth of product sold.
Congrats, JC!
Be careful, though. Seems like those are the kind of projects that can
get cut around here...
Dave (not very pro-DEC these days...)
|
92.1226 | | RAISE::GLADU | | Thu Feb 18 1993 18:14 | 10 |
| I just brought all of the systems down for the Tapes and DECpc
manufacturing lines here. There's pretty much 3 empty floors
left here where those product lines used to be. We sent SHR3
one of our VAXes and some disks for them to use on their
manufacturing lines and they called and asked us what they're
supposed to do with them. We basically said "well, we don't
care what you do with them. They're *your* systems now. You
asked for them, you got 'em". :-) Plan ahead much? :-)
ger
|
92.1227 | | CXDOCS::BARNES | | Fri Feb 19 1993 13:31 | 3 |
| with almost all of disk eng now in SHR, you'd think they'd know where
the systems were needed. sigh....
rfb
|
92.1228 | | SPOCK::IRONS | | Mon Feb 22 1993 15:00 | 16 |
| > <<< Note 92.1223 by SUBPAC::MAGGARD "Gone Phishin'" >>>
> -< careful with that probestation, Eugene! >-
>
>> I used to be the technical support in that lab. It was MY lab for a few
>> years! :^) I system managed the LAVC in there along with some of the
>> hardware. A guy name Mike Berg supports it all now. Know 'em?
>
>yup. He's the guy who helps me out when I say "oops, sorry I broke this,
>but can you fix it for me? I need it NOW" ;-) Mike's a great guy.
>
>Managing this LAVC must be a nightmare! It's ALWAYS got something broke
>somewhere... ...AHAH! _now_ I know who to blame! 8-)
Yup, Mike's a good guy. Taught him everything I know! :^)
dave
|
92.1229 | | TERAPN::PHYLLIS | in the shadow of the moon | Thu Feb 25 1993 14:57 | 4 |
|
stock's up 2 3/8 to 49 1/4
|
92.1230 | | ROULET::DWEST | if wishes were horses... | Thu Feb 25 1993 16:46 | 1 |
| come on 50! :^)
|
92.1231 | Howcome? | NAC::TRAMP::GRADY | Short arms, and deep pockets... | Thu Feb 25 1993 16:53 | 3 |
| Anybody know WHY it's going up?
tim
|
92.1232 | | AKOCOA::SMITH_D | | Thu Feb 25 1993 17:09 | 2 |
|
Someone typed the numbers wrong (hee hee...nyuck nyuck)
|
92.1233 | | ZENDIA::FERGUSON | I had one of those flashes | Thu Feb 25 1993 18:12 | 11 |
| re <<< Note 92.1231 by NAC::TRAMP::GRADY "Short arms, and deep pockets..." >>>
-< Howcome? >-
>Anybody know WHY it's going up?
guesses:
--------
- maybe 'cus people think Q3 might be good.
- a major investment firm announced a "buy" on DEC stock.
|
92.1234 | | SSGV01::GPEACE::Strobel | expecting something witty? | Fri Feb 26 1993 16:08 | 4 |
| Could be that IBM, as part of their restructuring, announced big layoffs. IBM
stock went up. DEC either went along for the ride or someone figured we'd
follow suit or maybe someone thought, "DEC, hum. At least they're not as bad
as IBM"
|
92.1235 | | LANDO::HAPGOOD | | Fri Feb 26 1993 16:21 | 5 |
| Could be that we announced the closing of a MAJOR plant recently as well.
Wall Street eats that up.
bob
|
92.1236 | | NRSTA2::CLARK | Hour of Slack | Fri Feb 26 1993 17:55 | 6 |
| re -.2
I think IBM announced big layoffs yesterday ... up to 25000 human
resource units?
- DC
|
92.1237 | plant closing... | SMURF::PETERT | rigidly defined areas of doubt and uncertainty | Fri Feb 26 1993 17:59 | 10 |
| Boston Globe today reported that DEC announced yesterday that they will
be closing the manufacturing plant in Galway, Ireland. Seems they
couldn't support both plants (the other being in Ayr, Scotland).
This will result in a layoff of 750-780 workers (the Globe used
both numbers).
And I just heard the World Trade Center is on fire!!!!
PeterT
|
92.1238 | | TERAPN::PHYLLIS | in the shadow of the moon | Fri Feb 26 1993 18:16 | 17 |
|
> And I just heard the World Trade Center is on fire!!!!
Unless there's a hell of a coincidence, that's the NY WTC. There was a
transformer explosion in a sub-basement, path train level below the
WTC. We have a DEC facility across the street and their building
shook. 3 sub-basements collapsed, 1000s of folks are trapped in the
towers. Many walked down 50-100 flights of stairs, many others can't
go any where now cause the stairwells are filled with thick, black
smoke and the fire department is telling them to just stay in their
offices. Some are being rescued by helicopters on the roof. A few
minutes ago, one of the news stations said that the fires are finally
out but I assume it'll be some time before they get to all the people.
The injury figures we're hearing are over 100 with 2 deaths but the
numbers will probably go up.
|
92.1239 | | CXDOCS::BARNES | | Fri Feb 26 1993 18:26 | 4 |
| WOW!!!! bets this is big news on CNN right now! Hope the injury/death
tolls saty low.
rfb
|
92.1240 | not a coincidence | SMURF::PETERT | rigidly defined areas of doubt and uncertainty | Fri Feb 26 1993 18:28 | 9 |
| > Unless there's a hell of a coincidence, that's the NY WTC.
I think they call something in Boston the World Trade Center, but
I still think like a New Yorker, even if I don't sound like one.
Yes, that's the one I mean. Doesn't sound all that great, but
hopefully most people are okay.
PeterT
|
92.1241 | | TERAPN::PHYLLIS | in the shadow of the moon | Fri Feb 26 1993 18:39 | 12 |
|
>I think they call something in Boston the World Trade Center, but I
>still think like a New Yorker, even if I don't sound like one.
:-) Good. We'll work on the accent later. ;-)
It is some pretty scary stuff. A woman who sits two cubes away from me
just got off the phone with her son-in-law, who works in the WTC. He
had to walk down 56 flights of stairs. The first 15 flights were in
pitch black, the generator wasn't working. They had to walk holding on
to the person in front of them. He's still coughing up black soot.
|
92.1242 | ex | SELL1::ROBERTS_CR | a blinding flash o'the obvious | Fri Feb 26 1993 18:47 | 8 |
|
We're hearing about it now in MKO - someone came by to tell about the
DEC site and related stories.
It must be a madhouse there, trying to move people and emergency
vehicles and sightseers.
c
|
92.1243 | :-( | SMURF::PETERT | rigidly defined areas of doubt and uncertainty | Fri Feb 26 1993 19:10 | 11 |
| There have been similar fires in Boston, but of course nothing
near as tall. I think the Hancock is the tallest, and I think
that's somewhere around 50 stories, but that wasn't the building
hit. It does sound eerily familiar, sub-basement generators,
people walking multi-flights through unlit stair cases.
I imagine it will be a big story in the news tonight. At least
it sounds like there wasn't a lot of fire throughout the
building.
PeterT
|
92.1244 | | TERAPN::PHYLLIS | in the shadow of the moon | Fri Feb 26 1993 19:31 | 12 |
|
Latest update:
CNN just reported that it wasn't a transformer explosion - it was a car
full of explosives (read terrorism!) The Empire State Building is
being evacuated and we've all been told to leave.
This is not a joke (or a bad tv movie)
I'm outta here!!!!!!!
|
92.1245 | | SSGV01::GPEACE::Strobel | expecting something witty? | Fri Feb 26 1993 20:09 | 1 |
| yikes. Stay safe Phyllis, and everyone else!!!!!!!
|
92.1246 | Yikes! | SUBPAC::MAGGARD | Gone Phishin' | Fri Feb 26 1993 21:14 | 8 |
|
Holy $hit! I hope nobody else gets hurt. Major terrorism in the USA...
...I guess it had to happen at some point. Bummer.
- jeff_who'll_stick_to_ducking_from_falling_cranes_
cuz_terrorism_SUCKS!
|
92.1247 | | ZENDIA::FERGUSON | I had one of those flashes | Mon Mar 01 1993 12:34 | 12 |
| re <<< Note 92.1246 by SUBPAC::MAGGARD "Gone Phishin'" >>>
-< Yikes! >-
> Holy $hit! I hope nobody else gets hurt. Major terrorism in the USA...
> ...I guess it had to happen at some point. Bummer.
.. and we'll probably see more of this in the future too! we have a
lot of enemies out there...
nyc's business community is going to be hurting in a big way from this.
the globe said the twin towers will be closed for this week.... 50k people
work there!
|
92.1248 | | TERAPN::PHYLLIS | in the shadow of the moon | Mon Mar 01 1993 13:03 | 13 |
|
100,000 people work there (50K in each tower). Whoever's responsible
for this tragedy is one sick f*ck. Hitting the WTC at lunchtime, on a
cold day.. that's like planning the murder of 100K people. When I take
classes at our downtown facility that's where I go for lunch. It's
really a miracle that more people weren't killed.
America's always been fairly insulated against this kind of terrorism.
Other countries suffer these tragedies all the time, but it's the kind
of stuff we see on the news, we don't really experience it first hand.
Let's just hope it's not a sign of things to come.
|
92.1249 | | RAISE::GLADU | | Fri Mar 05 1993 13:34 | 15 |
| Well, signed all of my TFSO paperwork today except for my exit
paperwork. 2 weeks to go. Good news is, we found out today that the
US Dept of Labor ruled in favor of SPO employees getting TAA federal
benefits in addition to state unemployment benefits. This includes paid
training, job search allowances, relocation allowances and additional
living expenses. All over and above state unemployment bennies.
Hopefully I'll still be eligable after the AT or I'll be claiming
lot of job searching from GA to ME. :-) Nope! No need for a programmer
in Troutdale, VA (pop 500), Hmmm...I think I'll try over in Cloverdale
(pop 100). ;-)
SPO cafe is closing today and going out with a BANG! We have our choice
of Franks and Beans *or* Chile Dogs! :-/
Ger
|
92.1250 | | ZENDIA::FERGUSON | I had one of those flashes | Fri Mar 05 1993 13:52 | 7 |
| re <<< Note 92.1249 by RAISE::GLADU >>>
> SPO cafe is closing today and going out with a BANG! We have our choice
> of Franks and Beans *or* Chile Dogs! :-/
sounds more like they're going out with a fart! :-)
|
92.1251 | hahaha... | BINKLY::DEMARSE | Alison's starting to happen | Fri Mar 05 1993 18:55 | 1 |
|
|
92.1252 | ken inthe news... | ROULET::DWEST | if wishes were horses... | Thu Mar 11 1993 14:05 | 100 |
|
looks like Ken is still at odds with the Globe! :^)
i forgot to save the message header, but this is from VNS...
da ve
VNS COMPUTER NEWS: [Tracy Talcott, VNS Computer Desk]
================== [Littleton, MA, USA ]
Ken Olsen - Unretiring
{The Boston Globe, 9-Mar-93, p. 29}
Last year, he was ousted from the company he created and ran for 35 years.
But Kenneth H. Olsen, the founding father of Digital Equipment Co., still
isn't yesterday's news.
At Digital, Olsen was known to despise the press he got when he spoke to the
media. He's still talking, nevertheless - insisting there's no new company,
despite rumors he's about to start one. Although he's not bound by a
noncompete agreement, Olsen says, "I wouldn't start a competitor. It's just
not my style." He admits only to THINKING [italics - TT] about starting a
business.
"I just enjoy life," says Olsen, who works out of an office in Stow and
helps entrepreneurs who seek him out. Most are people "I worked with at
Digital" - who've been fired and now out of work. "I'm encouraging a number
of them and several have started, but I'm not an employee," he says. "I'm
enjoying helping people." Not surprisingly: "They all want me to invest. But
where I invest, I'm not telling anybody."
One piece of wisdom he passes on with a passion: Stay a private company as
long as you can. "That way, you can take a long-term role without getting
beat up on Wall Street and the press. The pressure from stockholders is very
negative," he explains. "And you don't have to talk to the Globe."
Olsen says new Digital chief Robert B. Palmer and his lieutenants don't ask
his advice. Not that they couldn't use some. Insiders say company morale is
sinking deeper, with another wave of layoffs reportedly looming. Employees
are calling this projected bloodletting the "Ides of March" since it's
expected to hit March 15 - following last quarter's "Pearl Harbor Day"
layoffs. Last week, white-collar employees in Germany let management know how
they feel about the impending layoffs by staging a one-day warning strike.
Digital - Alpha AXP wins in banking and education
{Livewire, Worldwide News, 10-Mar-93}
The following is the sixth of a series of items which highlight significant
and representative Alpha AXP sales. This set includes a commercial banking
installation using OSF/1, and a major workstation win at one of the world's
leading research institutions.
Banking:
Banque Paribas Belgique represents a major downsizing win and displacement
of a large Honeywell/Bull installation (DPS 8000 and some DPS 6s). The sale
to this large Belgian bank includes two DEC 3000-500/OSF/1 and one DEC
4000-610/OSF/1 systems. They will use these systems to run such applications
as:
o automation of credit files, including credit line
administration, profitability analysis, and warranty instruments;
o international payments;
o payment order execution;
o a customer database; and
o bank accounting.
The bank required a UNIX solution, and Hewlett Packard (with an installed
HP 9000) presented the strongest competition. Digital won because of the
customer's confidence in Alpha AXP performance and future enhancements, the
robustness of Digital's OSF solution, and prowess at distributed solutions.
Digital has already installed there seven DECsystem 5240s, four VAX
4000-300s, and about fifty VAXstations at this bank. The following software
products are important in the solution: Uniface (4GL), Oracle RDMS, PCSA,
Failover, X.25, NSR, Fullsail, and DCM. The bank expects full Alpha AXP
implementation to take place at the end of 1993.
Education:
Carnegie Mellon University's School of Computer Science in Pittsburgh,
Pa., purchased 100 Alpha workstations to handle its own research and
software development programs, as well as programs across diverse areas of
the campus, such as the Psychology Department and Carnegie Mellon's
Information Networking Institute. They also plan to use some of the systems
to support the computing needs of researchers in computational linguistics
and to continue to develop the "Mach" operating system, the kernel operating
system selected by the Open Software Foundation. The workstations will be
equipped to run either the DEC OSF/1 or OpenVMS operating systems. Carnegie
Mellon plans to eventually incorporate the NT operating system into its Alpha
environment.
"The AXP systems will make a difference in the research being done at
Carnegie Mellon," said Howard D. Wactlar, vice provost for research
computing. "With a processing capability of 150 MIPS, Alpha AXP will help
us solve problems and make advances that are not possible now in artificial
intelligence, including the areas of speech recognition, image and gestural
interfaces, as well as design problems and scientific computation."
---
OSF is a trademark of the Open Software Foundation. HP is a trademark of
Hewlett-Packard Company. Oracle is a trademark of Oracle Corporation.
<><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><>
Please send subscription and backissue requests to EXPAT::VNS
Permission to copy material from this VNS is granted (per DIGITAL PP&P)
provided that the message header for the issue and credit lines for the
VNS correspondent and original source are retained in the copy.
<><><><><><><><> VNS Edition : 2784 Thursday 11-Mar-1993 <><><><><><><><>
|
92.1253 | | ISLNDS::CONNORS_M | | Thu Mar 11 1993 16:42 | 12 |
|
Rumor of the day....
I heard that Palmer is moving Corp Headquarters to Houston, TX...
According to what I heard, he and 300 others will be moving out
there... I didn't hear "when" this is supposed to happen...
Believe it if you need it....
anyone else been hearing this?
MJ
|
92.1254 | doubtful | NAC::TRAMP::GRADY | Short arms, and deep pockets... | Thu Mar 11 1993 16:46 | 10 |
| There's been a lot of rumbling around various notes files.
I can't imagine it happening, at least not soon. It sounds
better as a rumor than it does as a business decision.
Typical relocation cost for one WC4 employee approaches
$50K. 300 people would cost $15 million, not including
buying/renting/building the new space in Tx. Not a prudent
move for a company in the red.
tim
|
92.1255 | | ISLNDS::CONNORS_M | | Thu Mar 11 1993 16:53 | 13 |
|
I thought the same thing Tim, sounds like a real shaky
proposition at a time like this. From what I heard,
Palmer wants shake the "Yankee" image.
who knows what's going on up there.... doesn't sound
to me like the focus is in the right place though....
but hey.... who am I....
MJ_peon!
|
92.1256 | | TERAPN::PHYLLIS | in the shadow of the moon | Thu Mar 11 1993 17:08 | 8 |
|
Am I the only one that thinks that's the most hysterical rumor yet?!?!
Thanks for making my day, mj!
:-) :-) :-) :-) :-) :-)
|
92.1257 | | ISLNDS::CONNORS_M | | Thu Mar 11 1993 17:46 | 8 |
|
hysterical - YES
unbelieveable - unfortunately NO (IMO)
My confidence in DEC is seriously waning....
MJ
|
92.1258 | Can't wane what's not there! | DRINKS::WEISS | Beer -- It does a body good. | Thu Mar 11 1993 19:55 | 5 |
| > My confidence in DEC is seriously waning....
You mean you have some confidence left...?
Dave
|
92.1259 | I'm not laughin yet | EBBV03::SMITH | Think show | Fri Mar 12 1993 13:46 | 8 |
|
It seems as though that is the most detailed account
of that particular wave....I am almost positive that
something will be happening with the Mill soon
but what I am not sure....rumors like "The Mill is going
to sold out in fragments" have bounced around for the
past month for the first time. I wouldn't be at all
surprised if this were actually going to happen.
|
92.1260 | another opinion... go ahead, make my day... :^) | ROULET::DWEST | if wishes were horses... | Fri Mar 12 1993 15:28 | 32 |
|
i've heard the rumor and to tell you the truth, i have a REAL hard time
with it for a number of reasons...
first, as Tim pointed out, it woudl be REALLY expensive.. with Palmer
getting some kudos on Wall St for his cost cuttings and money savings
stuf, ithink this would be a stupid move...
second, while he may want to shed the yankee image, i don't see how
anyone would lookk at a move like that as favorable... moving the
higher ups to texas AWAY FROM THE REST OF THE BUSINESS would quilify
as "bonehead managerial act of the century"... progress is being made
today... would he REALLY Want to mess with that??? i seriously doubt
it...
and on another note, i, for one, have considerable confidence in the
company... NOTE:: THIS DOES NOT MEAN THAT THE DEC OF TODAY IS THE
SAME PLACE THAT IT HAS BEEN OR THAT IT EVER WILL BE AGAIN but then
again, what is? as far a s a place to work goes, it's as good as any
place else for the most part, and still better than some places i've
worked at... sure, things have been tough and there's a lot wrong but
there's a lot of cool stuf happening too... it's quite likely that
morale here in hlo is better than in a lot of places in the company
since from a business standpoint there's a lot of exciting stuff
happening, but the general attitude here seems a lot more upbeat than
in many other places i've been visiting lately... change is hard and
can be disheartening but there ARE good things happening...
yeah, there's a lot of shit around, and some of it is just that,
shit... still, some of it is fertilizer too...
da ve
|
92.1261 | | TERAPN::PHYLLIS | in the shadow of the moon | Fri Mar 12 1993 15:37 | 8 |
|
fwiw, at the moment, Palmer has been moving his senior executives back
INTO the mill from other outlying areas, like Marlboro.
I still think it's hysterical. Wonder if we'd get cowboy hats instead
of turkeys at xmas. ;-)
|
92.1262 | | SALES::GKELLER | yrs=4 Atax on wallet/attacks on 2nd | Fri Mar 12 1993 15:49 | 14 |
| > <<< Note 92.1260 by ROULET::DWEST "if wishes were horses..." >>>
> -< another opinion... go ahead, make my day... :^) >-
>
>
> first, as Tim pointed out, it woudl be REALLY expensive.. with Palmer
> getting some kudos on Wall St for his cost cuttings and money savings
> stuf, ithink this would be a stupid move...
FIrst of all I don't beleive it. However, operating the company out of
Texas may be enough cheaper in terms of outlay, Taxes, Property, etc. So
that even if they did move 300 people down there it would still be cheaper
than operating in MA. That I can defniitely believe.
Geoff
|
92.1263 | | SLOHAN::FIELDS | and we'd go Running On Faith | Fri Mar 12 1993 15:52 | 1 |
| Hey I wouldn't mind a nice Cowboy hat !
|
92.1264 | | TERAPN::PHYLLIS | in the shadow of the moon | Fri Mar 12 1993 16:18 | 10 |
|
Running corporate headquarters out of Texas would definately be cheaper
than running out of Mass. The tax structure is different there. Not
to mention that it would give him an opportunity to lay off many many
inside folks who wouldn't relocate. Isn't Palmer from Texas?
I still don't believe it.. just thought I'd add a little grist to the
mill though..
|
92.1265 | | SLOHAN::FIELDS | and we'd go Running On Faith | Fri Mar 12 1993 16:25 | 2 |
| yup he is a Texan....hey we could all go spend a weekend there and be
concidered a resident and be tax free ! oopps wrong Prez, never mind
|
92.1266 | I can't stand it any more!! | NAC::TRAMP::GRADY | Short arms, and deep pockets... | Fri Mar 12 1993 16:26 | 3 |
| Texas: where the men are men, and the sheep are scared.
tim
|
92.1267 | | CXDOCS::BARNES | | Fri Mar 12 1993 16:55 | 3 |
| yer thinkin of Wyomin, thar Tim...ain't many sheep in Texas
rfb texan from way back
|
92.1268 | Yes, Carol, I'm back. | CSCMA::M_PECKAR | Question reality | Fri Mar 12 1993 17:05 | 4 |
|
Heck, I think its kinda poetic. After all, the semiconductor was invented in
texas. And also, they have football teams that win the superbowl.
|
92.1269 | ;^) | ROCK::CAMPR::FROMM | Nothing's worth nothing, but it's free. | Fri Mar 12 1993 17:08 | 6 |
| > I still think it's hysterical. Wonder if we'd get cowboy hats instead
> of turkeys at xmas. ;-)
don't know how well one of those would thump over an open fire
/r
|
92.1270 | | ROCK::CAMPR::FROMM | Nothing's worth nothing, but it's free. | Fri Mar 12 1993 19:35 | 6 |
| >After all, the semiconductor was invented in
>texas.
really? where? and when?
- rich
|
92.1271 | picking nits... again... :^) | ROULET::DWEST | if wishes were horses... | Fri Mar 12 1993 19:45 | 12 |
| actually, the semiconductor was not invented anywhere... it is a
naturally occurring phenomenon when a material has properties that
place it between those of a conductor and an insulator... silicon,
a semiconductor, is a naturally occurring element...
the integrated circuit however (which is probably what you are
referring to) was invented at Texas Instruments (whether or not the lab
was actually in Texas i don't know)... folks there were the first to
put two transistors on a semiconducting substrate... i can't remember
the exact date... 1957??? 1960??? somewhere in there...
da ve
|
92.1272 | | CXDOCS::BARNES | | Fri Mar 12 1993 19:50 | 3 |
| ...and it all went downhill from there! %^)
rfb
|
92.1273 | | CSCMA::M_PECKAR | Question reality | Fri Mar 12 1993 19:56 | 2 |
|
Thanks for the keerekshun, O most conductive one! :-)
|
92.1274 | no prob... :^) | ROULET::DWEST | if wishes were horses... | Fri Mar 12 1993 20:00 | 7 |
| you are most welcome...
da ve
ps. incidentally, i believe i am actually intrinsically semi-conductive
but i have been sufficiently doped such that with proper electrical
stimulation i can get ratehr charged up... :^)
|
92.1275 | | CXDOCS::BARNES | | Fri Mar 12 1993 20:05 | 1 |
| ZAP!!!!!!
|
92.1276 | | ROULET::DWEST | if wishes were horses... | Fri Mar 12 1993 20:21 | 1 |
| thanks... i needed that! :^)
|
92.1277 | DUMBSIZING | SPOCK::IRONS | | Thu Mar 18 1993 15:55 | 92 |
| (forwards removed)
Reprinted without permission from: Time Magazine, 3/15/92, Page 55
Title: "When Downsizing Becomes DUMBSIZING"
By: Bernard Baumohl
Rightsizing, Restructuring, Downsizing. These terms are cold and unemotional.
Yet the euphemisms of the early 1990's all mean the same thing: layoffs. Over
the past five years, corporate America has been driven by a single-minded
mission to gut itself of "excess workers". It was supposed to be the fastest
and easiest way to cut business costs, be more competitive and raise profits-
or at least that's what may top executives thought.
But there is a mounting evidence that this slash-and-burn labor policy is
backfiring. Studies now show that a number of companies that trimmed their
work forces not only failed to see a rebound in earnings but found their
ability to compete eroded even further. "What's happened shouldn't be called
downsizing. It's dumbsizing" says Gerald Celente, director of the Trends
Research Institute in Rhinebeck, New York. "All these firings are going to
end up hurting our international competitiveness, not helping it."
Whatever it is called, its effect on the American economy has been painful
and profound. More than 6 million permanent pink slips have been handed
out since 1987, and layoffs are occurring at an even faster pace this year
than in 1992. Despite signs of a brisker economy, at least 87 large firms
announced major job cuts in the first two months of 1993 alone.
What is so troubling is that while companies do trim a bloated work force
from time to time, many of the recent layoffs may not have been necessary.
According to a new study by Wayne Cascio, a business professor at the University
of Colorado, companies have too often assumed that if the competition was
cutting costs by firing workers, then they had to follow suit. Compaq Computer,
for example, announced last October that it was laying off 1,000 workers. Yet
two weeks later the company admitted that profits would double in 1992.
Firms like General Electric and Campbell Soup continued to slash personnel
even though they both had highly profitable years. "There is tremendous
peer pressure to get rid of workers," says A. Gary Shilling, an economic
consultant. "Everybody's doing it because they think they have to."
But the deeper problem facing some companies was the inability to respond
adroitly to changing markets, and decimating their work forces may have
made that task even tougher when the recovery finally rolled around. "Just
look at what they've done to IBM and Sears," says Celente. "They've cut
the heart out of these companies. They are blaming an over staffed work
force for bringing down profits. But that's not the real problem. These
companies lost out competitively because they didn't change their products."
One of the most obvious effects of downsizing is that the employees who sur-
vive are forced to work longer and harder. In February the manufacturing
workweek stretched to 41.5 hours, the longest in 27 years. The resulting
increases in stress leads to discontent, lowers creativity and undermines
corporate loyalty. A study by the American Management Association last year
showed that of more than 500 firms surveyed that had cut jobs since 1987,
more than 75% reported that employee moral had collapsed. Indeed, two
-thirds of the companies showed no increase in efficiency at all and less
than half saw any improvements in profits.
Not only was there often no payoff on the bottom line, but corporate chiefs
who expected at least some applause from Wall Street for reducing labor
costs also got a nasty shock. "Senior executives may think that a press
release announcing layoffs sends a signal like. 'Look, I'm cutting costs,
therefor reward me,'" says Carol Coles, president of Mitchell & Co., a
management consulting firm in Waltham, Massachusetts. "But investors
are a lot savvier than that. They know that firms that had major layoffs
often have more significant problems. Streamlining a company does not
push stock prices higher.
Coles studied 14 firms that announced major staff cuts during the 1980's
and found that the rise in their stock prices lagged the overall market
by 70% in the past three years. For example, Bethlehem Steel began laying
off workers in 1986. Yet its stock price has fallen 50%, in contrast to
a rise of 48% by the S&P 500. Monsanto started cutting its work force
in 1985, but its stock rose a slim 30%. Clearly these were troubled
companies that would probably have suffered sluggish stock prices in any
event, but the study indicates that cutting labor costs did not make
Wall Street forgive their more deep-seated problems.
"There is a reverential belief that during hard times, you can turn a
company around, resuscitate its profitability and raise shareholder value
by laying off workers," says Alexander Hiam, author of "Closing the Quality
Gap". "But that's a huge myth." For both the individual companies and the
economy as a whole, a true recovery may require dispelling that myth and
focusing once again on the real ways to increase performance and creativity.
End of article
PS: I think the Monsanto Stock % was an error by Time missed by the editors
when they printed up this article.
|
92.1278 | IBM buys SUN ??? | NECSC::LEVY | Takes alot to win, even more to lose | Tue Apr 06 1993 17:57 | 41 |
| Date: 6-APR-1993 13:49:23.16
From: CSCMA::CSCMA::CAULFIELD "The cure can be worse than the disease
06-Apr-1993 1347"
Subj: FWD: IBM buys SUN ?
To: nt_team,m_csc
CC: CAULFIELD
33 records, external message id MAIL$AA0ABEA600050096.MAI
Attributes: New message
From: CSCMA::BALICH "CSC/MA - SHR3-2/W26 - Dtn 237-7028 06-Apr-1993 1013"
6-APR-1993 10:14:19.39
To: M_FSS
CC:
Subj: IBM buys SUN ?
YORKTOWN - International Business Machines, well known for their
large-scale computing systems, today announced it has signed a letter
of intent to purchase Sun Microsystems, a producer of smaller computers
known as "workstations", for an undisclosed amount.
In a prepared statement an IBM spokesperson said thatlackluster sales
of their RS/6000 line, a direct competitor with Sun's SPARC computers,
triggered the deal. "We haven't been competing very well in the
low-end computer marketplace and we decided that purchasing an low-end
existing product, sales structure, said the spokesman. "We'd been
considering such a purchase for the last year or so but Mr. Akers
wouldn't approve it. Mr. Gerstner thought it was a great way to turn
us around and immediately had us complete the deal." Akers was IBM's
former CEO who was ousted recently and replaced with Louis Gerstner,
Jr., formerly of RJR Nabisco.
IBM's RS/6000 line, introduced in February 1991, sold unexpectedly well
for the first year after its release. Sales dropped significantly as
other workstation vendors, particularly Hewlett Packard, offered faster
products at lower prices. According to IBM 1992 workstation sales
weere far lower than expected, contributing in part to IBM's poor 1992
financial results......
Details on the agreement are expected to be available next week.
|
92.1279 | | EBBV03::SMITH | The sun is getting high | Tue Apr 06 1993 18:01 | 5 |
|
I wonder where IBM keeps getting their money?????????
I would think Sun buys IBM to be a more appropriate
gain! ;-)
|
92.1280 | | NAC::TRAMP::GRADY | Short arms, and deep pockets... | Tue Apr 06 1993 18:02 | 3 |
| Good. If anyone can screw up a good thing, IBM can....;-)
tim
|
92.1281 | | CSCMA::M_PECKAR | Be kind: unwind | Tue Apr 06 1993 18:15 | 7 |
|
>Good. If anyone can screw up a good thing, IBM can....;-)
I agree; This is good news for DEC...
Anyone remeber the days when a company that held more than 10% of the
market wasn't allowed to swallow up its competitors?
|
92.1282 | April Fool's | GRANPA::TDAVIS | | Tue Apr 06 1993 18:26 | 3 |
| This has been making the rounds as an April Fools joke, the orginial
memo has a date of 4/1/93 , considering this has not been on the local
business pages, .....
|
92.1283 | COLOR ME GULLIBLE | NECSC::LEVY | Takes alot to win, even more to lose | Tue Apr 06 1993 19:10 | 0 |
92.1284 | HA! I knew it! | SUBPAC::MAGGARD | Have YOU changed your logo lately??? | Tue Apr 06 1993 19:19 | 6 |
|
Well, I was going to reply to that one, but if I did it would have come
true!
8-)
|
92.1285 | | SSGV01::GPEACE::Strobel | expecting something witty? | Wed Apr 07 1993 16:09 | 16 |
| I had put in a quick blurb about this as an April Fools a couple of days ago
but deleted the note when I realized I hadn't put the "AF" warning on it. The
catch is where the story originates (not to mention the date). Why would
Armonk, NY-based IBM and Mtn View, CA-based Sun go to Yorktown, PA to
announce :-)
As I mentioned to Treemon, I had hoped to put in a Fool's setlist with the
Weather Report Suite Having been played (B. Marsalis on sax, W. Marsalis on
trumpet and D. Marsalis on trombone), but I was stuck in meetings so I went
with the IBM story.
Another interesting one from 4/1 was Compaq changing their logo. Presently
there are a couple of lines under the name but the new logo had them
eliminated, signifying their shrinking profit.
jeff
|
92.1286 | | CSCMA::M_PECKAR | Be kind: unwind | Wed Apr 07 1993 16:55 | 11 |
|
Good one, Jeff! You got several thousand people in the Services
organization fooled, thanks to Probably's forwarding it around. I sent a
retraction note to the guy at our site who forwarded it to our whole site
and colorado and atlanta and today I saw the retraction circulate around
again with about twenty mail headers on it. I imagine the original got
forwarded to a lot more people than the retraction, so I bet there's a lot
of people who still think its not a gaff. I must admit, there _was_ a lot
of scepticism in the mail headers, though...
Our network never ceases to amaze me.
|
92.1287 | 4/1 fun | CORA::65447::BELKIN | the slow one now will later be fast | Wed Apr 07 1993 17:17 | 9 |
| re <<< Note 92.1285 by SSGV01::GPEACE::Strobel "expecting something witty?" >>>
>Weather Report Suite Having been played (B. Marsalis on sax, W. Marsalis on
>trumpet and D. Marsalis on trombone),
And with Jaco Pastorus on bass, Josef Zawinal on keys (?), etc ;-)
|
92.1288 | | LANDO::HAPGOOD | | Thu Apr 08 1993 13:01 | 12 |
| <<< Note 92.1287 by CORA::65447::BELKIN "the slow one now will later be fast" >>>
>And with Jaco Pastorus on bass, Josef Zawinal on keys (?), etc ;-)
Hey Josh,
Doesn't Jaco play in a bar called Heaven?
wondering out loud,
bob
|
92.1289 | jammin' with Jimi & Pigpen & Jim & Uncle Bobo on cowbell | CORA::65447::BELKIN | the slow one now will later be fast | Thu Apr 08 1993 16:11 | 5 |
| >Doesn't Jaco play in a bar called Heaven?
yea he does! That makes is a double April-Fools. or something like that!
Josh
|
92.1290 | | SSGV01::GPEACE::Strobel | expecting something witty? | Fri Apr 09 1993 16:52 | 8 |
| re: .-1 Fog's note
If I'd known my little note was going to made the world tour, I would have
bought Sun stock first :-) I am still getting copies of the original (PA)
note asking me if it's true!
jeff
|
92.1291 | for what it's worth | GOOROO::DCLARK | never compromise with mediocrity | Wed Apr 14 1993 15:34 | 11 |
| FYI
Q3 earnings ... 30M loss ... Stock up 2 1/2 at 11:00
Not as good as I'd hoped, but it shows Wall Street that we're
steadily improving. Whether we really are is another question,
as I expect that Palmer and co. have lots of tricks up their
sleeves to make the numbers come out however they want (within
limits, of course!)
- Dave
|
92.1292 | I'm there | CSCMA::M_PECKAR | Be kind: unwind | Wed Apr 14 1993 16:40 | 57 |
|
[fwds removed]
If you have any interest in ennvironmental issues, Roger Leo is a good speaker
and worth the trip to MRO4.
Tim
***********************************************************************
THIS IS FROM THE GREATER MARLBORO AREA ENVIRONMENTAL HEALTH & SAFETY
GROUP AND THE VALUING DIVERSITY COMMITTEE
***********************************************************************
Earth Day 1993 "WHAT CAN WE DO?" - Guest Speaker - Roger Leo,
Environmentalist, Professor, Newspaper Editor.
April 21, 1993
12:00 to 1:00PM
MRO4 Amphitheater
You are invited!
In early preparation for Earth Day 1993, Greater Marlboro Area EH&S
in conjunction with Personnel proudly present Roger Leo:
"Earth Day 1993 - What Can We Do?".
The presentation will be Wednesday, April 21st from 12:00 until 1:00
P.M. in the MRO4 Amphitheater in Marlboro, MA. Mr. Leo will be a wide
range of photographs covering environmental issues facing us today. His
inspiring photography and first-hand experiences lend light to the
complex problems we face today.
Here's some more about Roger:
Roger Leo is a filmmaker, photographer and writer with an abiding
love of the outdoors, wildlife, water, natural history and
conservation. He has worked for the Worcester Telegram & Gazette in
Worcester the past 20 years, most recently covering a wide range of
environmental issues. He also teaches courses on wildlife and
environmental issues at Clark University.
Throughout his life Mr. Leo has had fascinating journeys, from a
stint teaching farming in Nepal for the Peace Corps to his present day
passion for environmentalism. Mr. Leo's interest in the outdoors led
him to Alaska, where he spent three of the past four years studying the
relationship between wildlife and oil on the North Slope. He visited
Prince William Sound after the Exxon Valdez spill; drove overland up
the 800-mile long Trans-Alaska Pipeline; toured Prudhoe Bay, America's
largest domestic oil field; spent a week with the Gwich'in Indians in
Arctic Village and a week with the Inupiat in Kaktovik and camped for
five weeks with bears and caribou on the tundra in the pristine Arctic
National Wildlife Refuge.
|
92.1293 | | EBBV03::SMITH | The sun is getting high | Mon May 03 1993 19:21 | 8 |
|
For all you edu-heads out there....they just cut off
the education reimbursement program for assessment. >:-{
There goes my education :-(
-pissed
|
92.1294 | | BUSY::IRZA | this is only a guess | Mon May 03 1993 19:41 | 5 |
|
are you serious? is this official?
^concerned!
|
92.1295 | | ROCK::CAMPR::FROMM | GUMBO!!! | Mon May 03 1993 19:50 | 6 |
| > For all you edu-heads out there....they just cut off
> the education reimbursement program for assessment. >:-{
does this include GEEP?
- rich
|
92.1296 | | BINKLY::DEMARSE | Ripple in still water... | Mon May 03 1993 20:11 | 7 |
| Uh-oh......that does not sound too good......so does this mean we won't
be able to take (almost)free night classes?
:(, sniff, danielle
|
92.1297 | | TERAPN::PHYLLIS | in the shadow of the moon | Mon May 03 1993 20:32 | 9 |
|
>For all you edu-heads out there....they just cut off the education
>reimbursement program for assessment. >:-{
What does this mean? They're reevaluating the program or they've
already decided to cut it? Where did you hear this? Folks I know in
the program have heard nothing..
|
92.1298 | | CSCMA::M_PECKAR | Be kind: unwind | Mon May 03 1993 20:32 | 2 |
|
We were told not to worry if the course is job related or career related.
|
92.1299 | | EBBV03::SMITH | The sun is getting high | Mon May 03 1993 20:39 | 10 |
|
It seems the system is failing because people were abusing
it....however my $250 Community College courses are being
rejected but my friends in a program where his courses are
over $1000 and he's been ok'd!!!!
People who are currently in a program are ok....the rest I
don't know....the memo I have is very confusing...I'm sure
we'll hear and see more in the next day or two....I'm
going to look at VTX.
|
92.1300 | | TERAPN::PHYLLIS | in the shadow of the moon | Tue May 04 1993 19:58 | 8 |
|
So, has anyone called our new travel agents yet? You have a treat in
store!
I spent 27 (yes, 27) minutes on hold this morning trying to get shuttle
tickets. Hell, the flight's barely that long! :-/
|
92.1301 | | MRNGDU::YETTO | the future is here | Wed May 05 1993 13:18 | 7 |
|
> I spent 27 (yes, 27) minutes on hold this morning trying to get shuttle
> tickets. Hell, the flight's barely that long! :-/
shuttle tickets? Coming to visit us Phyllis?? :-) :-)
|
92.1302 | | TERAPN::PHYLLIS | in the shadow of the moon | Wed May 05 1993 13:50 | 5 |
|
Nope, change of plans. :-( Headed for lovely downtown Alpharetta,
Georgia instead. :-)
|
92.1303 | | TERAPN::PHYLLIS | in the shadow of the moon | Wed May 05 1993 14:37 | 5 |
|
the stock just went over 45! Currently at 45 1/4. Here's hoping it
hits 50 by June 1st!!! :-)
|
92.1304 | any bets on when? | ROCK::CAMPR::FROMM | GUMBO!!! | Wed May 05 1993 15:21 | 7 |
| > the stock just went over 45! Currently at 45 1/4. Here's hoping it
> hits 50 by June 1st!!! :-)
maybe we're nearing the point where DEC stock will cross IBM stock (the latest
figure i have for IBM is Friday's close of 48 5/8)
/rich
|
92.1305 | I Think I Can... | BINKLY::CEPARSKI | Sittin' plush with a Royal Flush | Wed May 05 1993 15:48 | 2 |
|
Currently 46 1/8!!
|
92.1306 | | SPOCK::IRONS | | Wed May 05 1993 16:34 | 5 |
| I just made business and pleasure flight arrangements to LA with Thomas
Cooke. They were fine with me. However, I had to push and make sure I
was getting the best fare!
dave
|
92.1307 | | TERAPN::PHYLLIS | in the shadow of the moon | Wed May 05 1993 16:53 | 7 |
|
Really? Well that's good... you were lucky. I've yet to reach a
person without waiting at least 10 minutes.
stock's now at 46 3/8!
|
92.1308 | | ZENDIA::FERGUSON | Your recipe is so tasty | Wed May 05 1993 17:24 | 5 |
| 46.5 right now. for those in the employee stock purchase plan, that figure
will give us a 66% immediate ROI ... our buy price will be $28/share....
i'm psyched.!
|
92.1309 | | ROCK::CAMPR::FROMM | GUMBO!!! | Wed May 05 1993 17:58 | 5 |
| >46.5 right now.
what's going on that's making it head up right now?
- rich
|
92.1310 | | CSCMA::M_PECKAR | Be kind: unwind | Wed May 05 1993 18:00 | 2 |
|
Don't get too excited, it only up a point and a half from yesterday...
|
92.1311 | DIY! | SUBPAC::MAGGARD | Run Like an Antelope, Out of Control! | Wed May 05 1993 18:03 | 6 |
| re: plane tix
I took 10 minutes to call Delta and make my own airline reservations. I
saved the company at least $154 in tickets alone.
- jeff
|
92.1312 | | GNPIKE::HANNAN | Beyond description... | Wed May 05 1993 18:45 | 13 |
| One reason I heard for switching to Thomas Cooke Travel
was the AmEx was consistently *not* getting the best fares.
When I was making arrangements to go to NIreland a couple
of months ago, the tix cost $1500+. But then I had to make
a slight change (leaving on sat not sun). The tix ended up
costing about $800 because of a slick move in the booking method
by the new travel agent.
It makes a huge difference which travel agent is doing the work.
And it looks like the Travel Agency doesn't really matter...
Ken
|
92.1313 | | ZENDIA::FERGUSON | Your recipe is so tasty | Wed May 05 1993 19:53 | 10 |
| re <<< Note 92.1310 by CSCMA::M_PECKAR "Be kind: unwind" >>>
>Don't get too excited, it only up a point and a half from yesterday...
...but, that works out to be 3 1/3 % ...
what is your bank account paying in interest these days?
|
92.1314 | keep on growing!! | TERAPN::PHYLLIS | in the shadow of the moon | Wed May 05 1993 19:59 | 4 |
|
it's now up 2 full points to 46 7/8.
|
92.1315 | What's up? | LASSIE::TRAMP::GRADY | Short arms, and deep pockets... | Wed May 05 1993 20:30 | 5 |
| What's causing the sudden jump? Is the market up in general, or did we
do something right lately?
tim
|
92.1316 | up, up, and away | CAADC::BABCOCK | | Wed May 05 1993 20:31 | 5 |
| Ohhhh keep those takeover rumors rolling!!!
I need the money!
Judy
|
92.1317 | | TERAPN::PHYLLIS | in the shadow of the moon | Wed May 05 1993 21:01 | 9 |
|
it closed at 46 3/4, up 1 7/8
I don't know what the rest of the market did
We've got nothing but good announcements between now and June 1st so
hopefully this will hold.
|
92.1318 | never hurts to hold if you itemize.. | CSCMA::M_PECKAR | Be kind: unwind | Wed May 05 1993 21:04 | 12 |
|
No, the market is pretty flat actually. Anyways, whichever the DJIA goes,
DEC does the opposite. MHO is that its because DEC is a good long term buy
but a hard short term sell...
I had to sell last week to garner up the bux to refinance my home, the
stock I sold was all bought a couple years ago in the the eighties and
nineties. A bummer, but not too bad, because the loss on the market value
is what I can write off. So, from one perspective, its still a 15% gain on my
moolah....
|
92.1319 | | STUDIO::IDE | Can't this wait 'til I'm old? | Thu May 06 1993 12:15 | 21 |
| re: <<< Note 92.1318 by CSCMA::M_PECKAR "Be kind: unwind" >>>
>I had to sell last week to garner up the bux to refinance my home, the
>stock I sold was all bought a couple years ago in the the eighties and
>nineties. A bummer, but not too bad, because the loss on the market
>value is what I can write off. So, from one perspective, its still a
>15% gain on my moolah....
And I thought it was to buy a keg system. :-)
I've got to get on the refinancing stick.
If you want to get depressed, figure out how increasing insurance costs
and inflation have played against the piddling raises we've gotten the
last few years. I haven't worked it through, but I think I'm
effectively making less than I was three years ago.
Jamie
|
92.1320 | | ZENDIA::FERGUSON | Your recipe is so tasty | Thu May 06 1993 13:43 | 20 |
| <<< Note 92.1318 by CSCMA::M_PECKAR "Be kind: unwind" >>>
-< never hurts to hold if you itemize.. >-
>No, the market is pretty flat actually. Anyways, whichever the DJIA goes,
>DEC does the opposite. MHO is that its because DEC is a good long term buy
>but a hard short term sell...
yup, i've noticed this too. strange effect. DJIA goes up 50 points, DEC
drops $1 ... go figure...
>I had to sell last week to garner up the bux to refinance my home, the
>stock I sold was all bought a couple years ago in the the eighties and
>nineties. A bummer, but not too bad, because the loss on the market value
>is what I can write off. So, from one perspective, its still a 15% gain on my
>moolah....
i don't see a 15% gain when you sell @ a loss mon.
|
92.1321 | | ZENDIA::FERGUSON | Your recipe is so tasty | Thu May 06 1993 13:45 | 14 |
| re: why DEC is going up
the run up could be anticipation of DEC emerging from red ink at the end
of June.. i know, still 2 months away... if we still spill red come june 30,
expect the stock to go down a lot ........
june 1 buy is coming up.
who is gonna turn it around immediately?
i will, but i'll wait a week to do so...
|
92.1322 | maybe so, maybe not | ROCK::CAMPR::FROMM | GUMBO!!! | Thu May 06 1993 13:51 | 9 |
| >who is gonna turn it around immediately?
i haven't decided; if the stock is going up this much when we're still losing
money, i'm inclined to think that it will climb even further when we start
making money; however, 10% of my salary is a lot of money to be invested in
a single stock, so i'm thinking of selling some and putting it into something
else, just in case the stock plummets again
- rich
|
92.1323 | | ZENDIA::FERGUSON | Your recipe is so tasty | Thu May 06 1993 14:00 | 18 |
| re <<< Note 92.1322 by ROCK::CAMPR::FROMM "GUMBO!!!" >>>
-< maybe so, maybe not >-
>i haven't decided; if the stock is going up this much when we're still losing
>money, i'm inclined to think that it will climb even further when we start
>making money; however, 10% of my salary is a lot of money to be invested in
>a single stock, so i'm thinking of selling some and putting it into something
>else, just in case the stock plummets again
one thing any money mgr will tell is to keep it balanced! all of us at
DEC in the ESPP eventually should sell to maintain a bal. portfolio... this
is the position i take. don't forget stockholders, you not only hold stock,
but you also draw your salary from the same company.... too many eggs in one
basket. if dec folds, you will too!
jc-mutual_fund_head
|
92.1324 | | ROCK::CAMPR::FROMM | GUMBO!!! | Thu May 06 1993 14:03 | 11 |
| >too many eggs in one
>basket. if dec folds, you will too!
that's what my bro keeps telling me; there's a positive correlation between
DEC's stock going down the toilet and an increase in the probability of me
losing my job; i think i'll hold on to some of it, but having DEC being the
only stock i own seems a bit risky
>jc-mutual_fund_head
rf-eventually-planning-on-becoming-a-mutual-fund-head
|
92.1325 | Rumor Boosts Stock | TRETOP::SAMILJAN | | Thu May 06 1993 14:25 | 7 |
| One reason for the jump in activity and a higher price for DEC stock
yesterday, was a rumor on Wall Street of a takeover by AT&T. This
is about the 15th time this rumor has surfaced over the last six years
and it always gives DEC stock a little boost. Problem is that it's an
artificial boost and the stock usually retreats just as easily.
Bud
|
92.1326 | | TERAPN::PHYLLIS | in the shadow of the moon | Thu May 06 1993 14:32 | 5 |
|
I think it's funny that anyone would listen to these rumors. I mean
seriously, who would want our business problems??
|
92.1327 | | LASSIE::TRAMP::GRADY | Short arms, and deep pockets... | Thu May 06 1993 14:42 | 5 |
| IBM.
;-)
tim
|
92.1328 | | LANDO::HAPGOOD | | Thu May 06 1993 15:08 | 83 |
| [ton's of headers deleted]
From: NAME: Bradley Allen
FUNC: Investor Relations
TEL: 508-493-7182 <ALLEN.BRADLEY AT PNDVUEA1 at MLMAIL at MLO>
Date: 05-May-1993
Posted-date: 05-May-1993
Precedence: 1
Subject: Stock Close - Wednesday, May 5, 1993 - ADDENDUM 1
To: See Below
Digital's stock was up strongly today driven by a recommendation change by John
Levinson of Goldman Sachs. John turned negative on Digital in June 1987 and has
been our longest standing and most visible critic. Below is the commentary he
released this morning:
"Digital Equipment Corporation stock opinion raised to moderate outperformer
from market performer. Our raised opinion on Digital is a continuation of a
better feeling we have had this calendar year. We expect cost controls to be
strong enough in June to yield earnings of $1.00 or more assuming flat revenues.
Our official estimate is $1.27 versus a loss of $1.71 from operations. There is
little question that Robert Palmer, DEC's CEO, is being very successful in
lowering costs. Longer term, we remain cautious on our outlook regarding
revenue growth."
To Distribution List:
fran barton @ako,
steve behrens @mro,
gresham brebach @mlo,
rich butler @ogo,
cabrinety @royalt @vaxmail,
Marc Chardon @mlo,
bobby choonavala @ako,
charles christ @mlo,
dick farrahar @mlo,
terry fink @mlo,
james flanagan @mlo,
russ gullotti @mko,
lois haskins @mro,
win hindle @mlo,
charles holleran @mlo,
david james @mlo,
bill johnson @mlo,
john klein @mlo,
paul kozlowski @mlo,
karen kupferberg @mro,
ed lucente @mlo,
frank mccabe @mlo,
ed mcdonough @bxc,
vin mullarkey @mlo,
bob palmer @mlo,
enrico pesatori @mlo,
dick poulsen @geo,
john rando @ogo,
carol reid @mlo,
bruce ryan @mlo,
willow shire @mro,
tom siekman @mso,
john sims @mlo,
adriana stadecker @mlo,
bill steul @mlo,
bill strecker @mlo
To Distribution List:
Larry Deblois@OGO,
NAME: remote Addressee <DMurray@mr4dec@mrgate>,
NAME: KEN JONES <JONES.KEN AT A1 at MILPND at MLO>,
Steve Mayhall@mro,
mcmullen@milpnd@mrgate,
NAME: JOE REILLY <REILLY.JOE AT A1 at MILPND at MLO>,
stephen russell @reo,
R_putur@milpnd@mrgate,
NAME: BARBARA SHEA <SHEA.BARBARA AT A1 at MILPND at MLO>,
BJacobson@mr4MI2@mrgate,
Gertner@mr4MI2@mrgate,
Keith Griffith@MKO,
JAndrew@mr4dec@mrgate,
JDoucette@mr4dec@mrgate,
JEden@mr4dec@mrgate,
MBrennan@mr4dec@mrgate
|
92.1329 | | CSCMA::M_PECKAR | Be kind: unwind | Thu May 06 1993 17:35 | 54 |
| VNS TECHNOLOGY WATCH: [Mike Taylor, VNS Correspondent]
===================== [Littleton, MA, USA ]
ROGUE COMPUTER FINED FOR CONTEMPT
by Mitch Betts
Miami Herald
{Source: network mail}
In at least one jurisdiction, that modern-day excuse, "It's the
computer's fault," is no longer acceptable.
A federal bankruptcy judge with a sense of humor has cited a
NationsBank Corp. computer in contempt of court and fined it 60MB of
memory for sending erroneous bills.
The case began late last year when the NationsBank computer sent a
dunning letter to John and Margaret Vivian in Miami Lakes, FL, even
though the bankruptcy court had excused them from paying the debt.
The bank apologized, "proceeded to appropriately chastise their
computer and directed it not to send any more notices to the Vivians,"
Judge A. Jay Cristol wrote.
But "the rampage of the rogue computer" continued, Cristol said, as it
sent the Vivians dunning notices for the next two months. Although the
bills showed no balance due, Cristol said, the Vivians were upset.
They wrote a scathing letter to the court asking, "Why can't you or
your court get these continuing and very annoying letters STOPPED?" and
threatened to take the matter to a federal judge who is a family friend.
Judge Cristol said it was this letter - which "has truly established,
beyond all reasonable doubt, that Mr. and Mrs. Vivian have no sense of
humor" - that led to the Dec. 8 contempt citation, which was just
recently published
Accordingly, the judge fined the NationsBank computer "50MB of hard
drive memory and 10MB of random-access memory." NationsBank's attorneys
responded by sending the court a hard disk and nine computer chips that
exceeded the amount of the fine.
Court documents indicated that the defendant was an IBM microcomputer
(model undefined) linked to a Novell, Inc. local-area network. The
offending notices were generated by a corrupt database file.
<><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><>
Please send subscription and backissue requests to EXPAT::VNS
Permission to copy material from this VNS is granted (per DIGITAL PP&P)
provided that the message header for the issue and credit lines for the
VNS correspondent and original source are retained in the copy.
<><><><><><><><> VNS Edition : 2820 Tuesday 4-May-1993 <><><><><><><><>
|
92.1330 | to hold or sell? hmmm... | ROULET::DWEST | if wishes were horses... | Thu May 06 1993 17:57 | 15 |
| i heard that ATT buyout rumor again... puh-leez!!!! does ANY company,
even ATT, have the $$$$ it would take??? in these uncertain economic
times, i would tend to think a buy out of that nature would be an
INCREDIBLY speculative move--much too spec for a conservative company
like ATT... while we have lots of stuff to look forward too in terms
of products and an improved outlook for the future, a buyout would be a
tough pill to swallow... it is good for a lugh though... as was said
before-how many times has that one circulated???
i haven't decided whether to seel right off or hold pending quarterly
results... either way, i really need the money so i'll be selling
soon... i'll probably wait for the new fiscal results since it'll have
to come down a LOOONG way to lose money this time....
da ve
|
92.1331 | | STAR::HUGHES | Less zooty, more dusted | Thu May 06 1993 19:01 | 6 |
| We'll probably sell; we need the cash. We recently bought a Mazda MPV
(Mobile Party Vehicle) and figured that if we stretched our finances
and bargained somewhat, we could pay cash. We did, but the balances are
a tad low. Still, it is real nice not to have a car payment again.
gary
|
92.1332 | | TERAPN::PHYLLIS | in the shadow of the moon | Thu May 06 1993 21:52 | 8 |
|
I'm selling right away. Every time I get greedy the stock goes down.
Even if the price stays where it is now, selling immediately will be
a huge % win.
The market went down today and so did we. Closed at 45 1/8.
|
92.1333 | | ZENDIA::FERGUSON | Your recipe is so tasty | Fri May 07 1993 13:08 | 16 |
| re <<< Note 92.1330 by ROULET::DWEST "if wishes were horses..." >>>
-< to hold or sell? hmmm... >-
> i haven't decided whether to seel right off or hold pending quarterly
> results... either way, i really need the money so i'll be selling
> soon... i'll probably wait for the new fiscal results since it'll have
> to come down a LOOONG way to lose money this time....
you are correct in stating that it'll have to slide a looooong way for us
to lose money. but, on the other hand, banking on a positive quarter (in
the eyes of wall street) for a bigger gain, is a very high risk, unless you
have a friend who knows what is goin' down.
imo, anyways...
jc_undecided_but_will_sell_by_JULY_31
|
92.1334 | analyst news... | ROULET::DWEST | if wishes were horses... | Fri May 07 1993 13:46 | 91 |
|
From: CADSYS::DELNI::EXPAT::VNS "The VOGON News Service 07-May-1993 0439"
To: VNS-Distribution
CC:
Subj: VNS #2823 Fri 7-May-1993
<><><><><><><><> T h e V O G O N N e w s S e r v i c e <><><><><><><><>
Edition : 2823 Friday 7-May-1993 Circulation : 6952
VNS COMPUTER NEWS: [Tracy Talcott, VNS Computer Desk]
================== [Littleton, MA, USA ]
Digital - April digest of industry analyst opinions
{Livewire, Worldwide News, 6-May-93}
(Courtesy of Corporate Analyst Relations)
Executive summary:
Analysts have provided some insight and tactics as to how Digital will move
toward profitability. They are enthusiastic about Digital's metamorphosis and
the possibilities which it creates.
Gartner Group's "Midrange Computing Services Report" commends Bob Palmer for
quickly reorganizing Digital's leadership, "which will streamline the
management process and create a management team whose competitive focus is
outside of DEC."
Nevertheless, with respect to sales and marketing, Gartner believes that
Digital's lack of sales leadership negatively impacts on our potential for
success, and also advises that we increase our indirect sales channels.
The report concludes with a prediction that Digital will return to
profitability within a year. "However, real growth will not come until the
company can articulate and implement a leadership product vision, prove
excellence in key market segments and balance its cost of sales."
Aberdeen Group's "Profile" heralds the new Digital as emerging with a solid
foundation of 35 years of experience and accomplishments, and a "crisper
product line, a 21st Century computer architecture, and a clearer array of
services, business practices, and operating units. Further ... slimming down
in keeping with new industry realities... adopting a more targeted approach
to markets, and ... being led by a new but seasoned management team headed by
CEO Robert B. Palmer. Digital's transformation is far from complete, but is
occurring faster and more successfully than many realize."
Alpha AXP:
Analysts have reacted quite favorably to Digital's announcement about Alpha
clusters. Many of them were impressed that we were ahead of schedule, and
expressed the potential for Digital to position the clusters in the commercial
market, as well as the investment protection provided to VAX cluster users.
UNIX:
Digital's recent announcement to use Encore technology to build Alpha UNIX
clusters was received positively by analysts who observed that the new
clustering speeds leapfrog what is currently available on UNIX clusters.
Bill Bluestein, an analyst at Forrester Research, Inc.: "You can see piece
by piece, the UNIX world is trying to replicate the robustness of the
proprietary world. ... The question is, what will be the cost of cluster
licenses in the UNIX world?"
At the same time, Gartner Group recently compared Digital's commitment to
UNIX and our lack of resources for the adequate support of three operating
systems to taking three dates to the prom -- "with one being your mother
(VMS)."
Computer downsizing:
According to Dataquest's Brad Day, "Digital has the comprehensive
infrastructure and product portfolio required of a full-service 'downsizing'
consultant"..its "product and organizational capabilities..." are "ahead of
the prophesying pack."
Competitive advantages:
In a recent comparative analysis of the midrange/departmental business
systems offerings from Digital and H-P, the Computer Economics publication
"Digital Directions" determines that our systems "provide a better value at
any given price or price/performance point." The report also cites Digital's
three distinct advantages over H-P and other manufacturers: lower maintenance
cost; DASD; and the inclusion of the operating system license in the base
price when using "traditional" pricing plans.
Sales and marketing:
Digital's new tiered pricing plan for memory upgrades has been positively
received by analysts. For example, "Digital Directions" concludes: "The new
pricing structure brings Digital in line with many of its competitors. ..."
However, the publication expects "third-party manufacturers to respond with
discounts and price changes to retain market share."
Europe:
Ovum (an international company which researches the commercial implications
of developments in computing and communications technology) has observed that
European sales of mainframe and minicomputer systems remain stagnant,
particularly VAX/VMS and AS400 systems, even in Sweden, which has the fastest
growing open systems market.
<><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><>
Please send subscription and backissue requests to EXPAT::VNS
Permission to copy material from this VNS is granted (per DIGITAL PP&P)
provided that the message header for the issue and credit lines for the
VNS correspondent and original source are retained in the copy.
<><><><><><><><> VNS Edition : 2823 Friday 7-May-1993 <><><><><><><><>
|
92.1335 | :^) | ROULET::DWEST | if wishes were horses... | Fri May 07 1993 13:49 | 9 |
| re JC in .1333
yeah, i know it's speculative... and no, i don't have any inside news!
:^) (bummer huh?) but still, i'd rather be faced with a scenario
where chosing is the difference between making "ok" profits and making
"bigger" profits! beats losing money any day...
da ve_the_typhoon (yes, typhoon
as in "lots of wind" :^)
|
92.1336 | | ZENDIA::FERGUSON | Your recipe is so tasty | Fri May 07 1993 14:05 | 8 |
| well, hopefully the quarter will be good and the stock rises to more then
$50 /share ... if this is the case, perhaps we should have a "dechead ESPP
pahty! :-) :-) we can go out on the town, rent a limo or two, and drink
top-shelf booze and brew!!!
:-)
|
92.1337 | Split it? | LASSIE::TRAMP::GRADY | Short arms, and deep pockets... | Fri May 07 1993 14:14 | 9 |
| da ve,
You could try to hedge your bets, and sell half now, and
hold the rest 'till July.
That way, you can see either upside or downside changes
as optimistic! ;-)
tim
|
92.1338 | :^) | ROULET::DWEST | if wishes were horses... | Fri May 07 1993 16:03 | 9 |
| Tim,
i had thought of that before when we were talking about diversification
of your portfolio... :^) sure, it's only one stock, but i can sell
it at diverse prices!
da ve_who_tries_never_to_take_this_
kind_of_thing_too_serioulsy_and_
will_probably_die_poor_as_a_result
|
92.1339 | Sluggo sez buy, buy, buy! | SUBPAC::MAGGARD | Run Like an Antelope, Out of Control! | Mon May 10 1993 16:43 | 31 |
|
My earnings/stock forecast for FY94:
Quarter DEC earnings stock
------- ------------ -----
Q4 93 small loss flat (40-50)
Q1 94 even small rise (high 40's to low 50s)
Q2 94 small profit rise (50s)
Q3 94 small profit flat (50s)
Q4 94 profit rise (high 50s)
If we do turn a profit in 94, I doubt the we'll see more than a few hundred
million $$$ in profits until FY95. Sales and service of DEC
mainframes/servers/etc. are going to be slowly growing over the next year as
recession battered companies slowly return themselves to profitability and
begin to replace an dupgrade their 2-3 year old computer systems. Alpha
workstation systems don't have any software, and Windows NT et. al. will
have to get rolling big time for sales to pick up. Clustering has really
helped the marketability of alpha mainframes, but few companies have the
capital cash to buy million dollar mainframes -- many companies are still
paying for layoffs.
FWIW, I don't think IBM will show a significant profit until calendar 1995.
I'd say it's a coin toss as to whether our stock will pass theirs by the
first snow of '93. This analyst doesn't expect much from IBM, and it's
quite likely that nobody else does either... ...so IBM stock will probably
be flat for the rest of calendar '93.
- Copyright 1993 by Sluggo_the_Blithering_Analyst_Inc._8-)
|
92.1340 | my prediction: $0-$50m profit, stock in high 40s | ZENDIA::FERGUSON | Your recipe is so tasty | Mon May 10 1993 17:25 | 16 |
| re <<< Note 92.1339 by SUBPAC::MAGGARD "Run Like an Antelope, Out of Control!" >>>
-< Sluggo sez buy, buy, buy! >-
>My earnings/stock forecast for FY94:
>
>Quarter DEC earnings stock
>------- ------------ -----
>Q4 93 small loss flat (40-50)
If we have a small loss this quarter, I believe the stock will go back down
into the mid 30s. If we have a profit from $0M - $50M, stock will stay about
where it is. If we profit near the $100M range, stock will go into the 50s.
|
92.1341 | | TERAPN::PHYLLIS | in the shadow of the moon | Mon May 10 1993 17:58 | 4 |
|
currently +1 at 46 3/4
|
92.1342 | on the right track... question is how fast are we moving? | ROULET::DWEST | if wishes were horses... | Mon May 10 1993 19:34 | 10 |
| i think if we see a small profit we'll see stock prices up into the
50's... at this point we seem to be outperforming most analysts
expectations, and even recently got good press from some longtime
critics... a profitable quarter would be big bonus and drive prices up
a couple of points...
fwiw, i don't EXPECT to see profits, but i wouldn't be surprised to see
a marginal profit (more like "breakeven")...
da ve
|
92.1343 | cheap don't mean good | CSLALL::BRIDGES | Anods asGood asA wink toA blindBat | Tue May 11 1993 15:15 | 17 |
| >> <<< Note 92.1300 by TERAPN::PHYLLIS "in the shadow of the moon" >>>
>> So, has anyone called our new travel agents yet? You have a treat in
>> store!
>> I spent 27 (yes, 27) minutes on hold this morning trying to get shuttle
>> tickets. Hell, the flight's barely that long! :-/
I was just talking to my brother the other night. The company he works
for just dump them for American Express because of the lousy service.
Go figure!
Shawn
|
92.1344 | | TERAPN::PHYLLIS | in the shadow of the moon | Tue May 11 1993 15:26 | 11 |
|
Things have improved by it's still far from optimum service. Corporate
travel has received a lot of complaints (besides my this-is-hell-memo)
and are working with TC to increase the level of service. I don't
think it'll ever reach where it was with Amex, though. Amex didn't
need to make money on the travel service, it's main purpose for their
company was to generate credit card usage which it does. But Thomas
Cook is (obviously) in it to make a profit so we'll never get as many
reps assigned.
|
92.1345 | DIY, dammit! ;-) | SUBPAC::MAGGARD | Roll Like a Canteloupe, Out of Your Bowl! | Tue May 11 1993 15:53 | 9 |
| > But Thomas Cook is (obviously) in it to make a profit so we'll never get
> as many reps assigned.
This is yet another shining example of how DEC mgmt's obsession with cost
cutting will end up biting them in the butt. The savings (anybody know the
real numbers?) of choosing 'cheaper' service will probably not outweigh the
unseen costs of annoyed employees and wasted time.
- jeff
|
92.1346 | like I really know anything ;-) | SUBPAC::MAGGARD | Roll Like a Canteloupe, Out of Your Bowl! | Tue May 11 1993 16:02 | 12 |
| > If we have a profit from $0M - $50M, stock will stay about where it is.
> If we profit near the $100M range, stock will go into the 50s.
I forgot one thing: Bob will be announcing the 'final round' of layoffs in
June. He said this in his recent speech at HLO and that he doesn't want to
lay off any people in FY 94. This will be his final MAJOR-cost-cutting
gesture to the bottom_line_obsessed_analysts, and I think it will also be
his final money losing quarter. The combination of these two events will
keep the stock flat... ...and lead to a rise in stock if we see positive
results at the end of Q1 94.
- gypsy_blooded_jeff_with_crystal_ball_8-)
|
92.1347 | | TERAPN::PHYLLIS | in the shadow of the moon | Tue May 11 1993 16:22 | 6 |
|
there was more to the Thomas Cook decision than cost. A big factor was
the DEC/Amex relationship. We were, however, anticipating a higher
level of service, which hasn't happened.
|
92.1348 | | SPOCK::IRONS | | Tue May 11 1993 16:59 | 10 |
| > <<< Note 92.1347 by TERAPN::PHYLLIS "in the shadow of the moon" >>>
>
>
> there was more to the Thomas Cook decision than cost. A big factor was
> the DEC/Amex relationship. We were, however, anticipating a higher
> level of service, which hasn't happened.
So what was up with the DEC/Amex relationship?
dave
|
92.1349 | | TERAPN::PHYLLIS | in the shadow of the moon | Tue May 11 1993 17:09 | 10 |
|
A lot of shit. Basically Amex went from a pretty major to a pretty
minor account with DEC. They weren't doing any business with us,
formed partnerships with several of our competitors, excluded us from
all the big projects, but still expected that we'd keep our travel
business with them. So we moved, but in a way it feels like we bit off
our nose to spite our face. Hopefully that'll change though as service
with TC improves.
|
92.1350 | | ZENDIA::FERGUSON | Your recipe is so tasty | Tue May 11 1993 17:20 | 4 |
| Well, I think it is only fair for TC to have their chance - taking on DEC's
travel needs has got to be a pretty big change for them, and they too need to
adjust. Personally, I though AMEX did not get the best prices! Many times I
have called other vendors when booking personal trips and saved $100s.
|
92.1351 | Amex wasn't getting least expensive flights. | DRINKS::WEISS | Beer -- It does a body good. | Tue May 11 1993 18:16 | 9 |
| > Personally, I though AMEX did not get the best prices! Many times I
> have called other vendors when booking personal trips and saved $100s.
I had the same experience. Also "found" flights that existed that Amex
didn't know about. I thought AMEX travel was lame...
Haven't done anything with TC, though.
Dave
|
92.1352 | DELTA bites the dust | NECSC::LEVY | Dust off those rusty strings | Tue May 18 1993 15:36 | 34 |
| Date: 17-MAY-1993 11:38:00.93
From: STOWOA::DELTA_IDEAS "17-May-1993 1042"
Subj: DELTA THANKS YOU FOR YOUR SUPPORT
To: @ADDRESSEE.DIS
CC: DELTA_IDEAS
27 records
Attributes: None
At the end of the fiscal year DELTA will no longer be in
operation. Between now and then, the DELTA Program Office will
be winding down its work.
If you have submitted an idea that remains open, please refer to
any memos you have received for the name of your contact. This
contact is either the individual that DELTA routed the idea to
initially or the ultimate receiver of the idea and designated
respondent. Stay in touch with this person and remember that,
whether or not there is a central idea processing system at
Digital, your ideas are still important.
We would like to express our appreciation to all contributors to
DELTA throughout the 3-1/2 years that the program has existed as
a conduit for continuous improvement at Digital. Although these
3-1/2 years have been the most arduous in Digital's history, you
have stepped outside your own concerns and come forward to make
your unique contribution to the betterment of the company.
Submitting and sharing your ideas in this way has been of value
in itself, but perhaps even more valuable is the positive
attitude that prompted these contributions.
With fond regards,
The DELTA Team
|
92.1353 | Dick Joseph: Bring back transition pool | CSCMA::M_PECKAR | Be kind: unwind | Tue May 18 1993 17:03 | 264 |
| <<< HUMANE::DISK$DIGITAL:[NOTES$LIBRARY]DIGITAL.NOTE;1 >>>
-< The DEC way of working >-
================================================================================
Note 2498.0 Farewell from Dick Joseph No replies
BWICHD::SILLIKER "Crocodile sandwich-make it snapp" 259 lines 18-MAY-1993 10:33
--------------------------------------------------------------------------------
Dick asked me to post this in the Digital Notesfile for him, as he is
no longer with us. I checked in with a Mod first, and was told that it
was acceptable to post this.
/m
From: SALEM::JOSEPH "Dick Joseph - DTN: 285-2373 - NIO/W23"
To: @DIGITAL.DIS
CC: JOSEPH
Subj: "If the people lead, the leaders will follow"
************************************************************************
* OPEN LETTER TO DIGITAL *
************************************************************************
from: Dick Joseph
Tomorrow, April 16th is my last day as an employee of Digital Equipment
Corporation. I have spent the better portion of the past two years trying
to convince the top levels of the company that something different has to
be done to complete the downsizing of the company. I've gone about it in
the only way I know how - head first and with all my energy. In the process,
I've made a great number of mistakes both in my original ideas and with
the approach I chose to use.
Today I met with Win Hindle to try to explain to him what I believe the
problems are with Digital and what I think should be done to solve them.
I came away from the meeting with the feeling that Win agreed with both my
analysis of the problem and the solutions I proposed. I have asked the
people on this distribution list to circulate this memo around the company
beginning May 16th (one month after I leave DEC) if none of the suggestions
I proposed have been implemented by that time. The fact that you are getting
this message is an indication that there have been no significant changes in
either the climate here at DEC or in the downsizing process.
What I am asking of anyone who gets this message is that you read my analysis
and proposal that follows, and, if you think that it would work if it were
to be implemented, send a note to Bob Palmer, Adriana Stadecker, Win Hindle
and John Sims (those are the people who have read the proposal and have
chosen to ignore the ideas) to let them know that you think that this
proposal has merit and should be implemented. I think that the only way
that the people at the top will both believe the extent of the problems
and take action to rectify the problems will be for the employees of the
company take a united stand to let them know that the status quo is
unacceptable. I have worked for two years studying the layoff process and
its effects and have developed and presented this proposal to hundreds of
people in DEC. I haven't had a single person below the level of VP in the
company disagree with the approach.
I urge each of you to take the time to read this, forward it to your friends
and co-workers, and then send a clear message to Bob, Adriana, Win and
John, that you want to see them try something different.
Thank you, and good luck to all of you. Feel welcome to call me to discuss
these ideas.
Regards.
Dick Joseph
(508)-373-7382
Digital Employee - 1/18/82 - 4/16/93
ANALYSIS:
As I stated above, I believe that I have made some mistakes in the my
original analysis of the problems here at DEC. Unlike what many people
in the company (myself included) have stated, the managers here at DEC
really do care about the employees and want to do the right thing by them.
I think that it would be very difficult for anyone to find a manager who
truly doesn't care about the people assigned to him/her. I honestly
believe that each one of them wants to be fair to every one of their
employees and that none of them have any hidden agendas or are
motivated by any desire to "stick it to" anyone in the company.
So, if that's the case, why are there so many people who are so anti-
management? Why are people so demotivated? Why do so many people believe
that their bosses are out to get them while protecting themselves and
their "buddies"?
The answer is that the layoff process is set up to fail. I believe that,
if the process were fixed, there wouldn't be such a morbid environment here
at DEC. We should learn from the lessons of other companies. Motorola and
3M discovered while trying to implement "6 Sigma" and TQM that there were
some organizations where, no matter what they tried, they couldn't get close
to reaching their goals. What they discovered in those organizations was
that either the overall management process or the operational process was
so wrong that it prevented these groups from achieving their goals. That's
what's happening here at DEC with the layoff process.
The current downsizing process:
o Is not be based on real business considerations
o Destroys productivity
o Stifles creativity
o Takes the decision making authority out of the hands of the
managers charged with the responsibility for achieving profitability
o Is alienating the entire workforce
o Is destroying morale; and
o Is politically biased in its execution,
There is a crisis in morale at the lower levels of Digital, as is easy
to observe by anyone. The employees are disillusioned, scared, angry,
demotivated and under tremendous stress, both because of the constant
threat of layoffs and because they are being asked to do much more than
ever before with no assurance that the extra work will protect them from
being laid off.
The creative juices that are vital to DEC's ability to compete in the future
have been prevented from flowing. Most everyone concerned with taking care
of their own and their families' needs, have either a resume floating around
outside the company, or they are actively pursuing new career opportunities.
I believe that there will be a major "brain drain" in virtually every group
in DEC, leaving it in a position where it may never be able to recover.
TIME Magazine ran an article entitled, "When Downsizing Becomes DUMBsizing"
by Bernard Baumohl. He stated that, "One of the most obvious effects of
downsizing is that the employees who survive are forced to work longer
and harder...The resulting increase in stress leads to discontent, lower
creativity and undermines corporate loyalty...with no improvement in
efficiency."
ANALYSIS (Continued):
If everything that I said above is correct, how can changing the process
fix the problem?
The first step, I believe, is for the top level managers in this company to
leave the managers alone to lead, motivate and manage their respective
organizations...without being told before the planning process begins, how
many people or what size budget they have to operate with. There are all
kinds of messages all over the system that clearly state that virtually
every manager has been given a directive to develop their business plans
with less - less $ and fewer people.
In my mind, that's where the process breaks down. I told Win Hindle this
morning that I would not accept a management position here in DEC under
the current conditions. As a leader, I would expect it to be my
responsibility to develop my business plan, define the resources that
I need, motivate and train my people, and then be held accountable for
either successfully reaching or failing to reach my goals.
Right now, managers are being told that they will be held accountable for
delivering to their business plans, and yet, most of their management tools
have been taken away from them. They are told either how many people they
can have to operate with or that they only have so much money to work with,
which usually translates to fewer people. Open reqs that they have gone
through the trouble of getting VP approval for are frozen and cannot be
filled. There can be no "inter-department" transfers.
As a result, managers are forced to put together restricted business plans.
They spend an inordinate amount of time in meetings negotiating who should
stay and who should go, rather than using that time to truly manage their
people. Sub-optimization is the rule. Nobody is in a position to propose
new ventures or new ideas or even to expand upon their current direction
because the message is clear: "Less is best!!" The whole mentality of
the corporation is affected. People cannot move. They dare not propose
new ideas or ask to attend long term training. Moving on in a new direction
is not an option because who knows whether it's any safer there than where
they are now?
Stagnancy, apprehension and fear are present where creativity, excitement
and daring should exist. It is impossible for DEC to make any permanent
move in a positive direction unless the process is chaned to allow the
managers to truly manage and so that they can fairly be held accountable.
PROPOSED PROCESS:
So, how do you change the current process?
The first thing that has to be done is for Bob Palmer and the Strategic
Planning Group to clearly set the corporate direction. They have to define
what businesses we're going after and which ones we're decommitting. This,
I think, is being done very well, and is at a point where the next step can
be taken.
The second step is for the Strategic Planning Group, who are the major
business managers in DEC, to get their managers to put together realistic
and attainable business plans based upon the strategic direction set. As
part of the planning process, the business managers should clearly identify
the resources (by job title) and budget that they need in order to achieve
their goals in the timeframes specified in their business plans. There will
necessarily be a negotiation process involved, but, when the final plans
receive their approval, the business managers should be free to manage to
those plans.
After the planning process, the business managers will know what specific
resources they will need in order to successfully reach their goals. They
should find that, in the end, they will have too many of some skill sets,
and too few of others. Rather than have the managers lay off the people who
are in an "excess skill" position, these people whould be identified and
assigned to a corporate-wide Resource Pool, where they will become available
to other business groups that may need their skills. Business managers who
have open reqs in their organization should be able to draw from the pool of
people in the Resource Pool to fill their needs.
The people in the Resource Pool would have several options available to them.
They can apply for the open positions in the other parts of the company if
they have a matching skill. If they have a skill that isn't needed elsewhere
in the company, and they are "trainable" for a skill that is needed or will
be needed by DEC in the future, they should be afforded the opportunity to
retrain. Those people in the Resource Pool who cannot be retrained or who
refuse to retrain or refuse to relocate to where they can be used, will
become natural candidates for "downsizing." Layoffs will only occur from
within the Resource Pool. But the Resource Pool, because of its retraining
and repositioning roles, will not become a morgue. It should become a
vital and permanent part of DEC's planning process, and a tool that
management can utilize so that it can stay focused on business issues.
In this way, the "Rules of the Game" are clearly understood by everyone.
The size of organizations will be based upon real business requirements, not
on some mathematically contrived figure. Managers will be forced to
motivate and inspire their workers because their success will be a direct
result of their ability to achieve their business plans. Managers can fairly
be held accountable becasue they have all of the power and authority to
do what they say they can do. There can be "no excuses" for non-performance.
Workers will then know where they stand as far as employment is concerned,
because an approved business plan should be all that is necessary to justify
their existence. Because their managers will now count on the employees to
ensure their success, the employees should feel valued again.
PROPOSED PROCESS (Continued):
There are many, many more things that must be done as a result of the changes
I have recommended, but I don't have the time to go into all of them.
However, the basic pieces of my proposal should clearly show that the end
result of making these simple changes to "the process" would lead to:
o A corporation that is the "right size" based upon real business
requirements
o A management structure that is focused upon developing and delivering
clear, concise, believable and attainable business plans
o An employee base that understands the "rules of the game" and can
make intelligent choices based upon those rules
o A dynamic environment where people are not arbitrarily prevented from
moving around the company, and where there is never a frozen, approved
requistion
o An environment where creativity is encouraged and fostered by the
management process
o An employee base that believes that management is making intelligent
decisions and that any downsizing that is done is done because it is
truly necessary and is based upon real business considerations
o A management team that is measured upon its ability to lead, motivate
and deliver, rather than upon who they know
o A corporate environment that is dynamic, exciting and fun to be part of
again
Please give this proposal some serious consideration. I believe that, after
you have taken it through all of the possible resulting scenarios, you will
discover that only positve things can be the end result.
|
92.1354 | | CSCMA::M_PECKAR | Be kind: unwind | Tue May 18 1993 17:28 | 14 |
| Dig at the computer bowl:
Bill Gates:
"Question:
Since 1984, a contest has been held on USENET for the most unreadable,
creative and bizarre but working C program," Gates said. " What is the name
of this contest?"
Former Apple Computer executive Jean-Louis Gassee:
"Windows". :-)
|
92.1355 | just another resource | GNPIKE::HANNAN | Beyond description... | Tue May 18 1993 18:59 | 26 |
| Anyone else out there getting reorg'd ? From what I hear
there's a lot happenning as far as layoffs go, and it just
hit our group. I recently heard that my group, CIM Engineering,
will no longer be a part of CIM Marketing. That means that since
my group is done with, my job is going with it :-(
The thing that is really getting to me is the uncertainty with
the way in which this is being handled. I have 2 very tentative
options - one doing the same work, another doing different work.
Neither is definite yet, but they hope to have some definitive
things done within a couple of weeks. Supposedly this will
all be over with by the end of this fiscal year, so it doesn't
leave much time.
It looks like the process is going to be that mgt will create
job descriptions for the 2 options. Then we will need to apply
and interview for jobs. If there's a match and the "hiring
*committee*" chooses you, and overall you don't throw the
Equal Employment Opportunity ratios out of whack, then you have
a job. But this is far from being finalized :-/
What a mess...
xref bummer.
Ken
|
92.1356 | | TERAPN::PHYLLIS | in the shadow of the moon | Tue May 18 1993 19:09 | 4 |
|
Jesus, Ken, good luck. :-/
|
92.1357 | | EBBV03::SMITH | The sun is getting high | Tue May 18 1993 19:48 | 6 |
|
Good luck Man
......Equal Opportunity?
Tell em your a DEChead! ;-[
|
92.1358 | hold on! | CSCMA::M_PECKAR | Be kind: unwind | Tue May 18 1993 19:54 | 2 |
|
Ken, hope you get through this o.k.!
|
92.1359 | | CXDOCS::BARNES | | Tue May 18 1993 19:57 | 4 |
| the sh*t is gonna hit the fan all over the company again in June, i
have a feelin %^(, good luck to Ken and everyone else.
rfb
|
92.1360 | | ZENDIA::FERGUSON | Your recipe is so tasty | Tue May 18 1993 19:57 | 2 |
| We're most likely going to suffer a hit in my world of software engineering.
no numbers yet; projects will most likely be cancelled. June 14 is hit day.
|
92.1361 | | NRSTA2::CLARK | Electric Music for the Mind and Body | Tue May 18 1993 20:00 | 3 |
| Let's all start a commune.
- sunflower
|
92.1362 | | CSCMA::M_PECKAR | Be kind: unwind | Tue May 18 1993 20:01 | 9 |
|
>Let's all start a commune.
Funny, I saif this exact same thing to a number of DECheads at the lunch
table this afternoon...
Fogflower
:-)
|
92.1363 | | NRSTA2::CLARK | Electric Music for the Mind and Body | Tue May 18 1993 20:06 | 3 |
| Then it's Meant To Be.
Should we get approval from the BATF first?
|
92.1364 | | TERAPN::PHYLLIS | in the shadow of the moon | Tue May 18 1993 20:09 | 4 |
|
:-)
|
92.1365 | | BUSY::IRZA | special favors come in 31 flavors | Tue May 18 1993 20:22 | 7 |
|
HAHAHA!!
you guys are killing me!!!
^moonbeam
|
92.1366 | | GNPIKE::HANNAN | Beyond description... | Tue May 18 1993 20:24 | 3 |
| Commune ? sounds *great*! I'm in!
/worker_wallflower ;-)
|
92.1367 | | NAC::TRAMP::GRADY | Short arms, and deep pockets... | Tue May 18 1993 20:29 | 8 |
| Praise the Lord and Pass the Ammunition.
I'm in.
;-)
tim
|
92.1368 | | MRNGDU::YETTO | the future is here | Tue May 18 1993 20:41 | 10 |
|
yeah .. since it was Fog's idea maybe we oughtta call it Fogland. He
already has a poster....
seriously though ... Ken I really hope it works out for you however you want
it to be.....
Lisa
|
92.1369 | | NAC::TRAMP::GRADY | Short arms, and deep pockets... | Tue May 18 1993 20:45 | 6 |
| dropped a one-liner and blew right past the point here - Ken, I hope
you fare well in the coming storm...and everyone else in here (except
Lisa ;-) ;-))
tim
|
92.1370 | :-) | CSCMA::M_PECKAR | Be kind: unwind | Tue May 18 1993 20:48 | 15 |
|
O.k, here are the admissions regulations:
1) Own over 100 dead tapes
2) Make your own Beer
3) Pass the Computer weenie test
4) Want a DAT
5) Hate blackflies
6) Have an opinion on Abortion and Gun control
7) Like Hiking, Biking, skiing, and Parachuting.
8) Have a tent
9) Have a psychological need to fondle trees.
10) Have read Electric Koolaid Acid test, Desert Solitaire, One Flew
Over The Cuckoo's Nest, On The Waterfront OR are a Dave.
|
92.1371 | | MRNGDU::YETTO | the future is here | Wed May 19 1993 14:16 | 6 |
|
I think you are being discriminatory Fog!!! Hows about if you are the SO of
a Dave who makes his own beer??? :-)
hey grady! ... love ya' too! ;^)
|
92.1372 | | CXDOCS::BARNES | | Wed May 19 1993 14:20 | 4 |
| I can do all but .3, and if ya leave the last word off of .9 I got
that sewed up too!
rfb
|
92.1373 | | LJOHUB::RILEY | It missed me and hit the SLASH-Mon! | Wed May 19 1993 19:05 | 9 |
|
>> 9) Have a psychological need to fondle trees.
Then I'm in by definition... Afterall, ya gotta have something to
Fondle!!!
:^)-------<
|
92.1374 | Palmer gets mass media's attention... | CSCMA::M_PECKAR | Be kind: unwind | Thu May 20 1993 14:05 | 189 |
| <<< HUMANE::DISK$DIGITAL:[NOTES$LIBRARY]DIGITAL.NOTE;1 >>>
-< The DEC way of working >-
================================================================================
Note 2500.0 Bob Palmer: USA Today 5/12 No replies
NECSC::BIELSKI "Stan B." 183 lines 18-MAY-1993 17:20
--------------------------------------------------------------------------------
USA TODAY -- MAY 12, 1993
COVER STORY
By John Schneidawind
DIGITAL ON CUTTING EDGE
PICTURES BOB PALMER WITH THE FOLLOWING DATA:
DEC'S CEO
Name: Robert Palmer
Title: President/CEO
Age: 52
Became CEO: Oct. 1
Education: B.S. in Mathematics (1962)
M.S. in Physics (1965)
Texas Tech University
DIGITAL LOGO
H.Q.: Maynard, MA
Employees: 98,000 worldwide
'92 Revenues: $13.9 billion
1992 net loss per share: $22.39
Features Graph titled "Digital stock climbing"
Notes Tuesday close at $46.75
COVER STORY
CEO trims fat, designs strategy
'Sometimes the decisions are painful, but I'm trying to
save 90,000 jobs.
By John Schneidawind--
New York --"Go Bob," nattily attired in a dark olive double-
breasted suit, gold ring and watch, strolls quickly into
Digital Equipment's offices here, greets a visitor and test
sips the coffee.
"It's not warm enough," Robert "GQ Bob" Palmer cajoles
a nervous Digital employee. "One thing I always insist upon
is that my coffee be hot." A new pot of hot coffee suddenly
appears.
Palmer, the new CEO at the USA's second-biggest
computer maker, knows how to get his way. Since taking the
helm at Digital on Oct. 1, Palmer has cut payroll, split the
company into separate divisions and hired a management team
comprised mostly of outsiders. Volla!
Experts say that after six quarters of red ink,
Digital will post a healthy profit in its fourth quarter,
ending late June. Since October, Digital stock has risen 20%.
It closed Tuesday at $46 3/4 up 7/8 - still a fraction of its
all-time high, $199 1/2, set in fall 1987.
Under founder and longtime President Ken Olsen,
Digital's staff was bloated. Revenue was slowly evaporating.
Customers were replacing Digital's midrange computers with
faster and cheaper personal computers from IBM, Apple and
Compaq.
Even worse, Digital was like a dinosaur stuck in a tar
pit. Employees found every conceivable way to avoid facing
facts. Digital's swamp-thick bureaucracy failed to act
swiftly and mercilessly.
Then Palmer arrived. Nicknamed GQ (as in Gentlemen's
Quarterly) because of his penchant for designer suits,
Palmer, 52, is a fastidious dresser, a divorced father of
two and a workaholic who runs five or six times a week.
Palmer began to take a cleaver to one of the computer
industry's most entrenched corporate cultures.
Palmer says the days of waffling at Digital are over.
Clarity is the new buzzword.
"My own style is to be very direct, very clear,"
Palmer said Tuesday in his first major interview since taking
charge. "Sometimes the decisions are painful, but I'm trying
to save 90,000 jobs."
Unlike Olsen, Palmer welcomes internal debate and
tolerates opposing views. But only to a point. Technology
chief Bill Strecker described Palmer's management style this
way: "This is not a consensus process- you either sign up for
the strategy or seek employment elsewhere."
So far, Palmer's premise is working. Digital is far
from being a healed company. But under Palmer, Digital has a
core strategy for the 1990's. Amoung its major points:
>Cost Control. Since 1991, Digital has cut its
worldwide workforce more than 25% to roughly 98,000
employees. Further payroll cuts may be necessary but nowhere
near that magnitude. In Digital's second quarter, expenses
grew at a slower pace than revenue - for the first time since
1988.
>Building a top-notch team, Digital last month landed
Ed Lucente, a 31-year veteran of IBM once rumored to be the
successor to former IBM CEO John Akers. Lucente joined
Digital as head of its worldwide marketing operation after
a two-year stint at Northern Telecom. Palmer goes out of his
way to praise Adriana Stadecker, Digital's new vice president
of executive operations. Stadecker, 46, is one of the
highest-ranking women in the computer industry. Palmer also
recruited Enrico Pesatori, former head of PC maker Zenith
Data Systems, to take charge of Digital's burgeoning PC
business.
>Focus on superfast desktop computers. Palmer says the
Alpha computer chip will serve as the brains of most Digital
computers for 25 years. Based on the reduced-instruction-set
-computing of RISC, technology, the Alpha chip makes
Digital's workstations the fastest in that $10 billion-a-year
market. Digital also will introduce a line of RISC-based PC's
this year. Those models are expected to be faster than PCs
powered by Intel chips, which dominate the industry.
But Digital won't abandon its Intel-based PCs. Within
the next week, it and other PC makers will announce a line of
PCs equipped with Intel's powerful Pentium chip.
Why has Palmer been able to accomplish so much so
fast? Limiting projects to small teams helps. Palmer says
most major decisions at Digital now are made by an executive
team of just 25 people. By contrast, the launching of the
Alpha chip - Palmer's own project - was staffed by a team of
100. Another plus: Digital's watchers say Palmer has the
proper blend of technology and marketing experience - and the
ability to shake things up.
Palmer came to Digital in 1965 but has never fit the
Digital mold. A native of the tiny peanut farming community
of Gorman, Texas, Palmer became high-school valedictorian
despite leaving his family at age 15 and supporting himself
through high school. After graduating from Texas Tech
University, Palmer joined chipmaker Texas Instruments,
leaving in 1969 to start his own chipmaking company, Mostek.
He sold Mostek to United Technologies in 1980 for $400
million, pocketing a small fortune.
Experts say that background gives Palmer an edge over
CEOs like Louis Gerstner of IBM, who previously worked at RJR
Nabisco and American Express. Palmer is the only CEO at a
major U.S. computer maker who knows the intricacies of
building microprocessors, a critically important field where
staying ahead requires doubling a chip's processing power
every 18 months.
"That's the last bastion of rough-and-tumble
capitalism, which means he's well-qualified for the computer
industry," says Chuck Casale, chairman of the Boston-based
Aberdeen Group, which tracks Digital.
Palmer also knows, from personal experience, how
Digital works--or doesn't. He led Digital's first effort to
cut costs, closing several factories in the late 1980's and
sometimes selling them off to employees. But he steered clear
of infighting.
"Somehow he never seemed to be caught up in the
internal politics of who was going to replace Ken Olsen,"
Casale says. "His name wasn't ever rumored -- he was just
(picked by Olsen in July) out of the blue."
The secret of Palmer's success, industry analysts say,
is his ability to move Digital closer to customers and make
quick but reasoned decisions.
"He's really trying to turn around the culture of the
company, and that means restructuring it in terms of
customers," says Robert Herwick, a computer analyst at
Hambrecht & Quist. "The (Digital manager) who sells computers
to department stores (Francis Arnone, former CEO of
Marshall's department stores) comes out of the retail sector,
for example."
Yet for all the changes Palmer has brought to Digital,
he still faces an intractable problem: how to make the
business grow. In an age of commodity PCs that keep robbing
Digital and IBM of its core customers, "the business model
has radically changed, "Palmer says. "The introduction of
microcomputer chips has totally changed the paradigm that
companies like IBM and Digital had been so successful
operating within."
Palmer says there's only so much he can do. Revenue
will be flat in fiscal 1993, and he won't say what business
will be like in 1994."In order to be sustainably profitable,
we have to grow the revenue and this is going to be extremely
difficult, "he says.
But he seems dispassionately intrigued by the fix
Digital is in, much like an engineer trying to solve a
puzzle. "It's a fascinating problem and extremely
challenging. There's just an incredible number of things to
do."
|
92.1375 | | EBBV03::SMITH | So many roads tease my soul | Tue May 25 1993 14:28 | 11 |
|
Interesting DVN broacast this morning....
Digital announced the worlds fastest PC
I'll take 2 please! ;-)
Bill Gates seems to have a really positive
attitude toward Digital...but then again,
Bill Gates really doesn't have too much to
not be positive about! ;-)
|
92.1376 | | SLOHAN::FIELDS | and we'd go Running On Faith | Tue May 25 1993 14:36 | 4 |
| to bad the headlines in the paper state it cost tooooo much !
but all an all it sound like a winner in the long run....
Chris
|
92.1377 | | EBBV03::SMITH | So many roads tease my soul | Tue May 25 1993 14:59 | 12 |
|
> to bad the headlines in the paper state it cost tooooo much !
> but all an all it sound like a winner in the long run....
From a PC home type user....yes it does cost too much.
From a Business PC user, the cost is definitely worthit
for what you get.....
I did notice that Lechmere is marketing Digital product
now as well....somehow DEC is driving down cost, probably
by taking manufacturing out of the country :-(
|
92.1378 | | CSCMA::M_PECKAR | Be kind: unwind | Tue May 25 1993 17:43 | 9 |
|
> Bill Gates seems to have a really positive
> attitude toward Digital...
He knows after scrappling with IBM for two years over OS/2 its not in his
company's interest to make any enemies. Dave Cutler sang quite a different
tune about DEC according to Sunday's Globe (he basically said he'd love to
see DEC ground itself into oblivion)...
|
92.1379 | $6795 | CSCMA::M_PECKAR | Be kind: unwind | Tue May 25 1993 17:45 | 147 |
92.1380 | | ZENDIA::FERGUSON | Your recipe is so tasty | Tue May 25 1993 21:21 | 2 |
| Hmmm, the stock seems not to care much about this: DEC is 45.00, off $3+
since last week...
|
92.1381 | | EBBV03::SMITH | So many roads tease my soul | Wed May 26 1993 13:58 | 14 |
|
It seems that the stock price usually decreases at open
enrollment periods. I think that this product is pretty
hot, but the applications aren't there yet....Windows NT
has a good rap in the customer world, with Gates endorsing
the hardware it could take off.
I bought this time around but really wish I bought last time
around! :-/
|
92.1382 | crossing fingers | TERAPN::PHYLLIS | in the shadow of the moon | Wed May 26 1993 14:08 | 7 |
|
I think the fall in price is related to Dell's bad results. When
someone in the industry has a bad showing we all suffer.
It's just gotta hold in the high 40's for a few more days..
|
92.1383 | | ZENDIA::FERGUSON | Your recipe is so tasty | Wed May 26 1993 14:46 | 2 |
| it is pure coincidence that the stock fell near open enrollment... it does
tend to drop on the buy dates though, so i'mm gonna wait a week then sell.
|
92.1384 | | AKOCOA::DMITCHELL | Needed money cuz I had none | Fri May 28 1993 15:07 | 7 |
|
whats goin on w/ the stock? dropped 3+ today..yikes, i'm selling
June 1.
Don
|
92.1385 | | ZENDIA::FERGUSON | Your recipe is so tasty | Fri May 28 1993 18:02 | 1 |
| market is off 33 pts... probably correcting for all the postive days this week.
|
92.1386 | | CSCMA::M_PECKAR | Live together, Play together | Fri May 28 1993 18:09 | 205 |
| From the memo attached:
> - 12,500 cost centers in corp, 9600 have cc managers, we will get to
This is amazing to me. The average Cost Center in Digital has
(94,000-9600)/12,500, or 6.7 employees in it. Rediculous.
My current CC has around 90 employees and one CC manager. Take all the
large cost centers you know of and that statistically indicates a sh*tload
of very small cost centers (probably all those without CC managers? I.e.
12.5K-9.6K = 2,900???). Wow. Each one probably has its own secretary,
supply cabinet, voicemail implementation, fax machine, vaxcluster, oh my...
Forwarded message follows:
------------------------------------------------------------------------
From: IAMOK::IAMOK::MRGATE::"A1::WINDHAM.SUE" 27-MAY-1993 12:05:18.89
To: @Distribution_List
CC:
Subj: Bob Palmer's Breakfast meeting - a must read! 1
From: NAME: SUE WINDHAM
FUNC:
TEL: 223-4211 <WINDHAM.SUE AT A1 at IAMOK at PKO>
To: See Below
Author: SUE WINDHAM
Date: 27-May-1993
Posted-date: 27-May-1993
Subject: Bob Palmer's Breakfast meeting
Marian O'Leary
Marian made comments about attending Bob Palmer's latest Breakfast
Meeting w/30 other managers
- Tone was upbeat and optimistic
- Bob can see through all the turmoil and envisions a miraculous
turnaround
- Bob points to ALPHA as the product to diffrentiate us from the rest
- Recent senior hires are very powerful hires with expertise in
respective fields, each have a lot of energy and enthusiasm
- Our investments must be appropriate
- Right now, our investments are 2/3 HW and 1/3 SW, we want to get to
a space in the very near future where our investments are 2/3 SW and
1/3 HW
- Demand for ALPHA is less than anticipated
- Major goal to grow gain and market share
- Palmer feels we need to get discipline into this company, decisions
based on facts, hold people accountable
Bill Steul Comments
- We have lost 3.4B cummulatively up to the last quarter
- Q1 loss (260M), Q2 loss (70M), Q3 loss (30M), Q4 planning a profit
- Trick will be pulling a profit in Q1, which is typically lower than
Q4, analysts on the street will be looking for the profit to be
maintained
- Factors leading towards difficulty in attaining Q1 profit, Weak
European market, we are working very close to our breakeven point
- Bill thanks the Finance Organization as being very helpful in
attaining profitability
- We are relatively competitive
- Our Gross Margins are close to Market
- We need to take the good methodologies used in MFG. and apply to
other functions across the corp.
- Engineering will be the most impacted, now Engineering is 13% of
revenue, we need to get to 10% of revenue
- Sales, General and Administrative still need to be worked, last year
S,G&A was 35% of revenue, this is way off the chart for our
industry, target it to get to 25-20%
- We will continue to downsize, especially in the Field
- GIA is not as bad as us
- Taking costs out is alot harder than putting costs in, lets make our
thinking alot less complicated, the more complicated, the more $'s
- Our Revenue per person is the lowest in the Industry
- Logistics cost are large and varied:
- 61 order entry points throughout the US, moving from 61 to 6 and
eventually, from 6 to 1 or 2
- 114 Legal entities in company, we only need half
- 98,000 parts on parts list, need to simplify product offering,
Supply Chain working this
- 12,500 cost centers in corp, 9600 have cc managers, we will get to
2000 or less, make it simpler
- We have 6 different General Ledger Systems
- We have multi Fixed Asset Systems
- We have 7 FMC's, we should only have 1 at Corporate
- We benchmarked with 3M and Electrolux, much larger corporation with
more product lines, they both had one management reporting system
over one network
- Infrastructure costs are very high, 1.2B in Facilities, .8B in IM&T,
this is the fault of DEC management, need to reduce this quickly
Our Priorities:
- Palmer brought in new people and new ideas
- Leadership in the PC Space
- Goal to make profit in Storage
- Continue to make money in the VIP space (components)
- Continue to make money in the product Services
Outlook:
- Vax/Alpha losing $'s
- Products need less maintenance, which is a dark cloud over Services
- Customer moving to smaller arrays, maintenance revenue going away
- Systems Integration/Sourcing just started taking hold and growing
- Measure performance monthly, with a 'soft' close monthly, maybe we
will not have to do RB twice quarterly if we can achieve the 'soft'
close
- We had a list of 8 priorities, we are achieving almost all of them
- We have enough $ for investments, but we need to make them wisely
- We borrowed $1B, 750M for Restructuring, 250M towards capital
investment
- Our total debt to equity ratio is 17% and our Balance Sheet is
conservative
- Internal Controls will be emphasized, a Senior Internal Controls
Team has been named
- Finance function is one of the strongest in the company, we need to
maintain or even increase strength
- We had 4500 Finance employees last year, we should see a 30%
reduction, goal was 3000, today just under 4000, 1800 fiscal,
remainder F/A, Planning and Analysis, Budgeting, we should be at
3300 a year from now, most of these reductions will be absorbed into
the supported businesses, because these people have alot to offer
- Most Finance restructuring is behind us, but we will continue
towards goal
- In the Company we had 114,000 at last yearend, we expect 94,000 at
this yearend, Palmer has said 85,000-90,000 seems about right
- Finance needs to continue to be responsive to the company and to be
a catalyst for change, we need to keep the discipline the Internal
controls and to hold people accountable. Bill thinks we are pretty
good at that.
- Palmer has said that Finance has held the corporation together
- Another goal to get our hands around is PRICING
Bill not happy with Financial Analysis that goes along with pricing,
we will have to give it more attention than it gets now
- We need to continue being responsive to our business partners, to be
good at forecasting, put issues on the table to be addressed, be
good business partners
- In MLM, Vin Mullarkey and Marian O'Leary are doing a good job, Bill
did not concentrate on us, becuase other groups needed alot more
attention
- Bill is extremely impressed with the Supply Chain effort, this is a
big goal of Finance to help out this effort, Supply Chain will make
us more competitive, lets help excellerate the process
- Swift changes in Technology has caused us to downsize, IBM did the
same as us, we did it @ a smaller scale, becuase we did not invest
at such a large scale as IBM
Question and Answer:
- European Economy, there is some improvment here, but very slow, DEC
is going to automate our currency exchange, we can't expect to see
significant improvement in the European economy until first quarter
of next calendar year
- Alpha revenue is low, but even if we get half what expected, we will
still turn a profit
- We invested in Olivetti in anticipation that many other European
computer companies will fall in behind them, big investment, $300M,
we did reduce it to $270M, and still working it
- Compensation Strategy - Finance will be rewarded through the
businesses they support, Bob believes in Financial rewards for
meeting or achieving goals, to the tune of 25 - 50% of salary
- What one business issue keeps Bill awake at night -- Product revenue
growth, qtr after qtr we have had more units and less revenue, when
will this swing up?
- We need to think about our culture, we like to make things
complicated, which costs money
- Relationship with Microsoft - IBM and Microsoft are buddying up,
potentially to combine the IBM OS2 and the Microsoft MSWindows,
there will be alot of angry customers if IBM dis-invests in OS2, IBM
may adopt NT
- We have a capital budget of $1.2B, can affod 700-825M at most, most
of this is in Semi-Conductor, Storage and Data Centers, to upgrade
technologies and reduce costs
- We can't borrow money again for restructuring, the interest will be
too high, we can only borrow, if we have to, for capital investment
- Concerns about ALPHA marketing, are we moving fast enough and
agressively enough
- Does all of Marketing report to Ed Lucente' --- Yes
- How can we make people accountable, if they have moved on? This
makes Bill nervous, but he feels we will have to depend on the
individual areas to fulfill their committments.
- The Geographies and their numbers look pretty good now, GIA is
encouraging, US is trending good, but Europe is about 30% behind a
year ago, with the Economy there, it can be expected
- We have 100 Forecasting Systems, some of them to correct info given
from upstream, this in inapproriate and needs to be corrected
- We need to work our inventory aggresively, there is no real
accountability for inventory
- In the Eastern Block Countries, there is a lot of enthusiasm, but no
money, plus the trade issues about selling to a formerly communist
country make it difficult
Overall very upbeat and optimistic, but we still have some challenges
ahead.
|
92.1387 | We make for funky numbers | VOYAGR::SAMPSON | Driven by the wind | Fri May 28 1993 18:26 | 12 |
| If it's any consolation Fog. my cost center has ten people in it, but
my boss is manager of three cost centers. We have one cost center with
one person in it and one with none. As for Fax machines, secrataties
and supplies there is one (a single) incomming Fax machine in MRO1 and
Chris is the sec. for our CCs and she is also secratary for another
group.
This might do a lot of offsetting. But it does happen that a cost
center exists without any staff besides the manager who might have
other CCs to manage.
Geoff
|
92.1388 | | CSCMA::M_PECKAR | Live together, Play together | Fri May 28 1993 18:49 | 3 |
|
But why? There is tons of papaerwork associated with cc; budgets, metrics,
etc.. I don't understand..
|
92.1389 | | VXTST6::BOURDESS | | Fri May 28 1993 19:29 | 18 |
| >But why? There is tons of papaerwork associated with cc; budgets, metrics,
>etc.. I don't understand..
Being fairly new to this company, (only 3 yrs. on/off) I really am not
the person to answer this question. I do have a coupla' thoughts on
the subject that I feel compelled to share: The reason why they don't
throw these small cost centers together is to keep track of the $$
being spent. From a cost analysis point of view, you need to break
down groups according to what they do and how much they spend doing it.
If one person holds a job where his/her goal is unique from any other
person or group in the company, then that person should be viewed as a
separate entity when deciding on budget, resources etc.....
just my $.02; I think this is the first time I ever posted a note on
this subject.
Mike
|
92.1390 | in our case, Mike's about right | VOYAGR::SAMPSON | Driven by the wind | Fri May 28 1993 19:52 | 33 |
| That's actually a pretty good explanation of the reasoning in our
group.
We have three cost centers because we have three labs. The lab I
work in has to break even at the end of each quarter. We recieve no
funding so we have to charge each customer a percentage of the
opperating costs of the lab (my lab), including equipment depreceation,
wages etc. based on the number of work hours that were charged by the
lab each quarter. If we also included the environmantal lab in our CC
we'd have to still break even and our customers would be charged for
equipment and services which meant nothing to our getting their job
done.
So for accounting purposes the three labs, which carry heavy, but
very different, overhead, it is broken into three separate CCs. The
Environmental lab charges in a similar way to our PAlab, but doesn't
require the staff. There is some difference in charges which I can't
define because I don't usually pay a lot of attention to it. Ed
basically manages and maitains the lab, so he is a cost to that center.
The electrical lab, which is changing but as it used to be, is a place
for anyone within the organization to have access to electrical bench
equipment. The cost hast to be accounted for somewhere, but there is
not necessarilly any need to have a staff involved (kinda).
So in this instance separating the costs makes reasonable sense.
I think the Elec. lab might be funded, Ed's lab charges is some
completely different way and since we have to break even at the end of
each quarter it would be very wrong for our customers to have to pay
for the overhead of equipment not involved in the analysis.
That's why here
Geoff
|
92.1391 | | CSCMA::M_PECKAR | Live together, Play together | Fri May 28 1993 20:58 | 4 |
|
Still seems real silly to me. Why not just have one cost center for each
organization which is actually _required_ to maintain accountability
information (probably less than a couple hundred entities within Digital).
|
92.1392 | | ZENDIA::FERGUSON | Your recipe is so tasty | Fri May 28 1993 21:56 | 9 |
| re <<< Note 92.1386 by CSCMA::M_PECKAR "Live together, Play together" >>>
> - Compensation Strategy - Finance will be rewarded through the
> businesses they support, Bob believes in Financial rewards for
> meeting or achieving goals, to the tune of 25 - 50% of salary
i sure hope this includes engineering teams who meet or beat their schedules.
sometimes i find the raise system in this company extremely short of supporting
hard work, long hours...
|
92.1393 | it's real | NAC::TRAMP::GRADY | Short arms, and deep pockets... | Fri May 28 1993 22:12 | 10 |
| I know from first hand experience that top level management is talking
to a variety of groups about offering incentives to achieve specific
goals in their projects. Not just in finance. It does include
engineering. So far, it's mostly talk, but it sounds real.
This is definitely happening. Maybe that's part of the reason I'm not
so skeptical about the future as some...
tim
|
92.1394 | ?? | ROULET::DWEST | if wishes were horses... | Tue Jun 01 1993 14:35 | 6 |
| tried to call investor services a couple of times this morning
for a recent quote and my account balance... lot-o-busy signals!
anyone know what the opening price was this morning? purchased price
this period is 28 and change isn't it?
da ve
|
92.1395 | | GOOROO::DCLARK | warning: contents under pressure | Tue Jun 01 1993 14:41 | 4 |
| re .-1
the STOCK utility had it listed at 43.375 down .625 at about 9:30
this morning. It should bounce back up in a few days.
|
92.1396 | | TERAPN::PHYLLIS | in the shadow of the moon | Tue Jun 01 1993 14:51 | 5 |
|
purchase price this morning was $28.00
stock opened today at 43.something and is currently at 43
|
92.1397 | | XCUSME::MACINTYRE | | Tue Jun 08 1993 14:39 | 18 |
| Hey now everybody,
Although it's been in the works for months, I just got the official
word that I am moving to MSO1 on June 21. I'm not keen on doing this
as I live in Nashua and for the last 13 years I've worked at either MKO
or ZKO and was never been more than 8 miles from work. Now its more
like 40.
Anyway, I am glad to have a job although if'n I was "packaged" I
wouldn't lose any sleep over it. After a period of getting set up I
hope to connect with the DECheads in that area.
I know Tree was at MSO2 and Dave Clark is still there I'm wondering
who else is there.
Marv
|
92.1398 | but I'm up in ZKO | SMURF::PETERT | rigidly defined areas of doubt and uncertainty | Tue Jun 08 1993 16:44 | 12 |
| > Although it's been in the works for months, I just got the official
> word that I am moving to MSO1 on June 21. I'm not keen on doing this
> as I live in Nashua and for the last 13 years I've worked at either MKO
> or ZKO and was never been more than 8 miles from work. Now its more
> like 40.
Hey Marv, I wish I could ONLY do 40 miles to work.
;-)
PeterT
|
92.1399 | cleaning product("GLANCE") warning....FYI | SLOHAN::FIELDS | and we'd go Running On Faith | Tue Jun 08 1993 17:39 | 109 |
| .....Forwards removed...
+---------------------------+ TM I N T E R O F F I C E M E M O
| | | | | | | |
| d | i | g | i | t | a | l |
| | | | | | | |
+---------------------------+ Date: May 17,
1993
From: Peter
Peloquin
To: Incident Subcommittee Dept: P.A.T
MFG
DTN : 225-6025
cc: Susan Coffey ENET:
SCOMAN::Peloquin
P.A.T. Audit and Incident Subcommittee
Subject: Serious Incident Report
AREA: P.A.T. Office area INCIDENT NUMBER: NONE
ASSIGNED
DATE OF INCIDENT: 4/26 DATE OF INVESTIGATION:
5/17
TIME OF INCIDENT: 9:00 A.M.
INVESTIGATION PARTICIPANTS:
AREA MANAGER OR DESIGNEE Peter Peloquin
INCIDENT SUBCOMMITTEE REP Peter Peloquin
EH&S George Hynes
HEALTH SERVICES REP NO
INJURED EMPLOYEE Tammy Wang
WITNESS Tammy Wang
OTHERS Dick Jubinville
INCIDENT: An employee (Tammy) was using a cleaning product("GLANCE")
to clean her terminal screen. After applying this spray
cleaner
to her screen she reached for a paper towel to wipe the
screen
clean. At that point a spark occurred (E.S.D.) which
caused the
cleaner to ignite. The employee was startled by the
"flash fire".
Her Manager was notified.
INJURY: NONE
INJURY POTENTIAL: Serious burn as a result of flash fire.
FACT RESULTING FROM INVESTIGATION:The investigation showed that this
cleaning product has a
flammability rating
of 4 on the MSDS and has no
warning labels
on the container. (4 is the
highest rating
possible).
IMMEDIATE CORRECTIVE ACTION: 1) Recommend that this product be
"BANNED"
from the Plant.
2) Notify Corp. Management Group to
evaluate
"Corp. Wide Ban".
3) Ask the Site Safety Training
Sub-Committe
for a site wide training of methods
of
cleaning "energized equipment".
FURTHER ACTIONS: Follow up on action items.
ITEM RESPONSIBLE PERSON COMPLETION DATE STATUS
1. David Langelier 6/14/93 in
process
2. Peter Peloquin 6/1/93
completed
3. Peter Peloquin 6/1/93
completed
(Items 2 and 3 are completed by responsible persons being copied
on this
S.P.I. Memo.)
|
92.1400 | | LANDO::HAPGOOD | | Tue Jun 08 1993 19:17 | 13 |
| > 3) Ask the Site Safety Training
> Sub-Committe
> for a site wide training of methods
> of
> cleaning "energized equipment".
I think we need to learn
how
to format these things
for
ease of reading.
bob:)
|
92.1401 | | CXDOCS::BARNES | | Tue Jun 08 1993 19:51 | 3 |
| gee...I didn't have any problem...%^)
leanin sidewaz most of the time rfb
|
92.1402 | what he said | SLOHAN::FIELDS | and we'd go Running On Faith | Tue Jun 08 1993 20:12 | 25 |
| yeah the people who write those memos need to learn write without
wasting bandwidth....:')
chris :')_
|
92.1403 | jus kiddin ya Chris... ;-) | SUBPAC::MAGGARD | Two, please! | Tue Jun 08 1993 21:24 | 16 |
| > <<< Note 92.1402 by SLOHAN::FIELDS "and we'd go Running On Faith" >>>
> -< what he said >-
>
> yeah the people who write those memos need
> to learn write without wasting
> bandwidth....:')
>
>
> chris :')_
Acutally... if the people commenting the dang things new what they were
doin' we wouldn't be having this very informative and productive
conversayshun...
;-) ;-) ;-) ;-)
|
92.1404 | I know that feeling | IAMOK::BOBDOG::GENTILE | Marketing IM&T - MSO2-2/BB19 | Thu Jun 10 1993 16:24 | 5 |
| I'm in MS02 but I am moving to MR04 today. I have the same problem. I
live in Nashua and was working in ZK0.
Sam
|
92.1405 | FYI | VXTST6::BOURDESS | | Mon Jun 28 1993 15:35 | 11 |
| When I was at the Ben & Jerry's festival, there was an area where
certain groups were allowed to set up tables to distribute information
pamphlets and discuss their cause. One group was trying to get people
to boycott Mitsubishi because they do things which result in the
destruction of rainforests. I didn't bring the information sheet with
me today, but I could give more information tommorrow if anyone is
interested in hearing more. I just thought I'd mention this since
digital has recently embraced mitsubishi and made them currently the
only other company licensed to produce the alpha chip.
Mike
|
92.1406 | ...and on that note... | SUBPAC::MAGGARD | I want a workstation! | Mon Jun 28 1993 17:56 | 29 |
| > One group was trying to get people to boycott Mitsubishi because they do
> things which result in the destruction of rainforests.
...and another was pushing folks to boycott Seagram and Tropicana because
Seagram owns a controlling share (26%) of Dupont stock; and DuPont
makes/sells CFC's, apparently. My understanding of the relationship between
Seagram and DuPont is that Seagram doesn't really try to manage DuPont's
daily business, but rather Seagram has an influence on their board of
directors... Perhaps this influence is being targeted?
The funny thing is that Tropicana has nothing to do with DuPont or how
Seagram mgmt. makes decisions. Tropicana's only link it that its also
owned by Seagram, but I guess it's a target because it's a popular name
brand consumer product -- (i.e. how many DuPont consumer products are
there?)
Hey Mike, what's that "Boycott S/T" phone number? I think I'll send it to
my Dad. ;-)
- jeff
PS -- unfortunately, a boycott such as this will not have a significant
impact on Seagram (or on DuPont at all!). The financial 'punch' won't hit
hard enough, and these two companies are motivated only by $$$. They
couldn't care less for the environment (IMO) and the only thing that will
get them to wake up to the environmental cause is legislation banning (or
taxing the cr*p out of) the production and sale of CFC's and other
ozone-depleting gasses by firms owned in North America!
|
92.1407 | | VXTST6::BOURDESS | | Mon Jun 28 1993 18:11 | 8 |
| >Hey Mike, what's that "Boycott S/T" phone number? I think I'll send it to
>my Dad. ;-)
I dunno right now. Tommorrow I'll bring in the Mitsubishi pamphlet and
the "boycott S/T" bumper sticker and let you know. BTW Jeff, I like
your new personal :-)
mike_the_coop_with_2_workstations_due_to_group_layoffs
|
92.1408 | careful | CSCMA::M_PECKAR | Two pints make one cavort | Mon Jun 28 1993 18:16 | 12 |
| Just a friendly reminder that we cannot solicit boycotts of corporations in
this (or any) Digital Notesfile. I didn't see anybody doing this in the
last couple replies, since its o.k. to talk about a boycott as long as
there is no exlpicit or implicit solicitaion. Please be wary of the diff
between letting us know about it vs. asking us to participate in it. It is
a clear violation of corporate policy to ask employees to boycott any
corporation, customer or not in a digital notesfile or elsewhere on digital
property.
Thanks,
Mr. Moderator
|
92.1409 | just what level of indirection is appropriate? | ROCK::CAMPR::FROMM | GUMBO!!! | Mon Jun 28 1993 18:16 | 10 |
| >My understanding of the relationship between
>Seagram and DuPont is that Seagram doesn't really try to manage DuPont's
>daily business, but rather Seagram has an influence on their board of
>directors... Perhaps this influence is being targeted?
the guy at the table mentioned something like a large number (forget how many)
of the board of directors of one were on the board of the other, or that
seagram's executives were on the dupont board, or something like that
- rich
|
92.1410 | | VXTST6::BOURDESS | | Mon Jun 28 1993 18:23 | 9 |
| >Just a friendly reminder that we cannot solicit boycotts of corporations in
>this (or any) Digital Notesfile. I didn't see anybody doing this in the
Sorry Mr. Moderator, just wasn't thinking. Let it suffice to say
that there are people out there who think that a certain digital
sub-contractor should be boycotted for environmental issues.....end of
discussion on my part.
Mike
|
92.1411 | | NAC::TRAMP::GRADY | Short arms, and deep pockets... | Mon Jun 28 1993 18:49 | 18 |
| Mike,
Mitsubishi isn't a sub-contractor, but they, and Seagrams
and Tropicana and duPont are all customers of ours.
Second sourcing isn't sub-contracting, but rather a
licensing agreement for which Mitsubishi pays us royalties
for making and selling Alpha's, or at least that's how
I understand it...
They make nice TV's too...just got one a month ago (you
were watching it a week ago...;-)
I have mixed emotions about the Mitsubishi boycott, though.
I'd like to hear more proof that they've actually done
something worth hassling them over....
tim
|
92.1412 | | CSCMA::M_PECKAR | Two pints make one cavort | Fri Jul 09 1993 13:37 | 80 |
|
<><><><><><><><> T h e V O G O N N e w s S e r v i c e <><><><><><><><>
Edition : 2863 Tuesday 6-Jul-1993 Circulation : 6822
VNS TECHNOLOGY WATCH: [Mike Taylor, VNS Correspondent]
===================== [Littleton, MA, USA ]
First Announcement/On-Line Congressional Hearing
{From: hearing-info@trystero.malamud.com Mon, 5 Jul 93}
On July 26 at 9:30AM EDT, the Subcommittee on Telecommunications
and Finance of the U.S. House of Representatives will hold the first
Congressional Hearing ever held over a computer network. The oversight
hearing on "The Role of Government in Cyberspace" will take place in
the Grand Ballroom of the National Press Club at 14th and F Streets,
N.W., Washington, D.C. The hearing is open to the public. An open
house will be held from 3-5PM on the same day in the same location and
is also open to the public.
Chairman Markey has asked that this historic occasion demonstrate
the potential and diversity of the global Internet. Thirty Sparcstations
will be in the hearing room, allowing members of Congress, staff, and
their guests to read e-mail, use Gopher menus, read testimony in WAIS
databases, browse the World Wide Web, and otherwise use the resources
of the global Internet as part of the hearing.
Some witnesses for the hearing will testify remotely, sending audio
and video over the Internet. Audio and video of the hearing will also
be multicast over the Multicast Backbone (MBONE). We are hoping that
C-SPAN and other traditional media will also carry the event. *MORE
DETAILS ON MBONE AND OTHER WAYS TO WATCH THE HEARINGS REMOTELY WILL BE
FORTHCOMING SHORTLY.*
One of the primary points that we are hoping to demonstrate is
the diversity and size of the Internet. We have therefore established
an electronic mail address by which people on the Internet can communicate
with the Subcommittee before and during the hearing:
congress@town.hall.org
We encourage you to send your comments on what the role of government
should be in the information age to this address. Your comments to this
address will be made part of the public record of the hearing. Feel free
to carry on a dialogue with others on a mailing list, cc'ing the e-mail
address.
Your cards and letters to congress@town.hall.org will help
demonstrate that there are people who use the Internet as part of their
personal and professional lives. We encourage you to send comments on
the role of government in cyberspace, on what role cyberspace should play
in government (e.g., whether government data be made available on the
Internet), on how the Internet should be built and financed, on how you
use the Internet, and on any other topic you feel is appropriate. This
is your chance to show the U.S. Congress that there is a constituency
that cares about this global infrastructure.
If you would like to communicate with a human being about the
hearing, you may send your comments and questions to:
hearing-info@town.hall.org
Support for the Internet Town Hall is provided by Sun Microsystems
and O'Reilly & Associates. Additional support for the July 26 on-line
congressional hearing is being provided by ARPA, BBN Communications,
the National Press Club, Xerox PARC, and many other organizations.
Network connectivity for the Internet Town Hall is provided by
UUNET Technologies.
<><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><>
For information on how to subscribe to VNS, ordering backissues, contacting
VNS staff members, etc, send a mail to EXPAT::EXPAT with a subject of HELP.
Permission to copy material from this VNS is granted (per DIGITAL PP&P)
provided that the message header for the issue and credit lines for the
VNS correspondent and original source are retained in the copy.
<><><><><><><><> VNS Edition : 2863 Tuesday 6-Jul-1993 <><><><><><><><>
|
92.1413 | beats commuting on 495 though ;-) | QUARRY::petert | rigidly defined areas of doubt and uncertainty | Fri Jul 09 1993 13:50 | 10 |
| On NPR's "Talk of the Nation" a few science Friday's ago, they held an
hour based on the internet, with several people sending voice over the
net. I hadn't know until that point that it had that capability. The
calls that came in over the net were somewhat choppy, as it appears
there was massive traffic on the net at that point, due in part to the
novelty of it (and the bandwith required to send audio). I would
expect something like this to generate an equal, if not greater amount
of interest and traffic.
PeterT
|
92.1414 | | NAC::TRAMP::GRADY | Short arms, and deep pockets... | Fri Jul 09 1993 14:11 | 18 |
| Realtime audio (and even worse, video) requires alot of
bandwidth, but there have been store-and-forward systems
for multimedia on the net for years. When the regional
backbones move up to higher speeds (ATM, frame relay,
etc) then realtime should improve.
Ten years ago, researchers on the Internet were talking
about multimedia workstations for store-and-forward
audio/video electronic mail/conferencing. The commercial
market is just starting to hint at this now with the
new, so-called multimedia PC's...
The Internet is fascinating stuff...and the public is
just starting to hear about it. "Cyberspace" kinda makes
it sound a little hokey - almost fake, but I guess it
sounds better than geek heaven. ;-)
tim
|
92.1415 | We have the technology | EBBCLU::SMITH | So many roads tease my soul | Fri Jul 09 1993 14:53 | 12 |
|
It would really be balls if it were possible to have
"last nights show" soundboard sent to the internet
or FTP'd, and then it would be possible to transfer
from digital to analog using an *inexpensive* device
attaching to a workstation or dumb terminal.
So we could all listen to last nights show, the next
morning when we get into work!!!!!
Somebody please invent this dammit!
|
92.1416 | | STAR::HUGHES | Samurai Couch Potato | Fri Jul 09 1993 15:28 | 28 |
92.1417 | | CSCMA::M_PECKAR | Two pints make one cavort | Fri Jul 09 1993 15:59 | 10 |
|
I would love to see Wax. Heard a lot of good things about it.
> I'm considering spending my own $$ to get on a public internet node to
> play with some of this stuff.
I did this via The World: $5.00 month plus $2/hr for full internet access.
Add any toll charges to Newton: 617-739-9753 (8N1).
Email me for more info....
|
92.1418 | Now if you could clone DAT over the net... ;-) | SUBPAC::MAGGARD | Life is like a blowoff hose... | Fri Jul 09 1993 18:10 | 17 |
| > So we could all listen to last nights show,
> the next morning when we get into work!!!!!
>
> Somebody please invent this dammit!
This has already been done, but as said before we can't do it in real time
here at DEC because of the network security weenies.
A friend of mine at BBN has some sort of high-priority internet capability.
His friend digitized some audio clips in CA after a show. He then told the
workstation in CA to play back the digital samples through the internet, and
the audio played back on his workstation's speaker in Boston!
He said it didn't come through perfectly clean (had a couple dropouts),
because of internet traffic. ;-)
- jeff
|
92.1419 | | STAR::HUGHES | Samurai Couch Potato | Fri Jul 09 1993 18:51 | 9 |
| re .1417
I'll see what I can do about arranging a viewing of 'Wax'.
'The World' was the system I had in mind, but couldn't recall the name.
Since I don't sleep too well in this weather, I think my brain shutdown
a couple of days ago.
gary
|
92.1420 | RE: Gary: Cool! | CSCMA::M_PECKAR | Two pints make one cavort | Fri Jul 09 1993 19:44 | 5 |
|
> First Announcement/On-Line Congressional Hearing
> {From: hearing-info@trystero.malamud.com Mon, 5 Jul 93}
This has been postponed: apparently some MOC's had ethics issues...
|
92.1421 | Too many chiefs! | SUBPAC::MAGGARD | Life is like a blowoff hose... | Mon Jul 12 1993 13:21 | 18 |
|
...from today's VNS...
Digital - Top executives address Global Sales and Marketing Conference
{Livewire, Worldwide News, 8-Jul-93}
"The Winning Team" was the theme as more than 1,000 of Digital's marketing
and sales executives gathered for the company's first Global Sales and
Marketing Executive Conference.
...[rest deleted]
There are 1000 Sales and Marketing EXECUTIVES???!?!?? No wonder this
company is hurtin' so bad! :-/
- jeff
|
92.1422 | | TERAPN::PHYLLIS | in the shadow of the moon | Mon Jul 12 1993 13:34 | 6 |
|
Calm down. This meeting was attended by all the level 2 managers, many
level 1 managers, plus lots of marketing folks and others. Executives is
a fairly generic, catch all term. It doesn't mean vp or anything.
|
92.1423 | | ZENDIA::FERGUSON | Your recipe is so tasty | Mon Jul 12 1993 13:58 | 2 |
| What I want to know is when are the engineers going to have a
conference?
|
92.1424 | | NAC::TRAMP::GRADY | Short arms, and deep pockets... | Mon Jul 12 1993 14:14 | 5 |
| JC,
Don't ask. You really don't want to go to one of these. Trust me.
tim
|
92.1425 | | NRSTA2::CLARK | | Mon Jul 12 1993 14:32 | 3 |
| Aw, c'mon, it would be great. Sorta like a Star Trek convention. We
could even get William Shatner to be an MC. "You there - do you have a
girlfriend?!?"
|
92.1426 | bob McCarthy Palmer? | CSCMA::M_PECKAR | Two pints make one cavort | Mon Jul 12 1993 14:37 | 4 |
|
Just for the record: I am not, nor have I ever been, a software engineer!
:-)
|
92.1427 | $$$ ? | MKOTS3::ROBERTS_CR | a blinding flash o'the obvious | Thu Jul 15 1993 17:26 | 4 |
|
Have our #'s for Q4 been released yet? should be today if not before.
|
92.1428 | DN&R say the 28th | TRETOP::SAMILJAN | | Thu Jul 15 1993 18:05 | 3 |
| According to the "Digital News & Review" our numbers aren't due out
until the 28th. Seems late, doesn't it?
|
92.1429 | | CSCMA::M_PECKAR | Two pints make one cavort | Thu Jul 15 1993 18:36 | 2 |
|
Probably our new accounting techniques...
|
92.1430 | | EBBCLU::SMITH | So many roads tease my soul | Thu Jul 15 1993 18:57 | 4 |
| >>Probably our new accounting techniques...
HFT!!!!!!!!!!!!!!!!!!!!!!! ;-)
|
92.1431 | | ZENDIA::FERGUSON | Your recipe is so tasty | Fri Jul 16 1993 13:31 | 6 |
| 28-jul Q4
and i think a week later, year-end.
c'mon dec stock!
i have to sell some of this s*t!
|
92.1432 | decstockworth | ZENDIA::FERGUSON | Your recipe is so tasty | Fri Jul 16 1993 13:33 | 11 |
| re: decstock
i wrote a program, or, should i say i modified decw_quote.c to take the
number of shares you own and compute their worth based on the stock price.
the worth is displayed and updated in the icon. when you dbl-click, you
get more info, like, the lowest your stock has been worth and the highest.
anyways, if ya wanna be depressed, er, i mean wanna watch your investment,
lemme know and i'll let ya copy the .obj code.
it is kinda hacky, but, it works for me...
|
92.1433 | | NAC::TRAMP::GRADY | Short arms, and deep pockets... | Fri Jul 16 1993 13:41 | 17 |
| speaking of work, and hacking in general....i've been working on
something that I'm curious if others have tried in the past. I work
on bootp (amoung other things) - the thing that lets you bootstrap
systems, workstations, terminal servers, etc over the network with
TCP/IP. My group does TCP/IP for VMS (VAX and Alpha)... So, the
other day I booted a Unix (OSF/1) Alpha from a VMS Alpha system, and
I was curious if any of the other hackers out there knew if we
have ever supported booting Unix from a VMS system before.
petert? Gary? Fog? Any of you guys know if we do this in other
products or configurations? I've been scrounging hardware for a
month, and ended up with a VAX 4000/60 (Tramp), a MIPS 5000/120 and
a Flamingo...haven't booted the MIPS box yet.
Just curious. It was a major kick to see it actually work.
tim
|
92.1434 | | CSCMA::M_PECKAR | life is a carnival | Fri Jul 16 1993 14:02 | 3 |
| Tim,
Sounds like what you need is Windows NT.
|
92.1435 | | NAC::TRAMP::GRADY | Short arms, and deep pockets... | Fri Jul 16 1993 14:14 | 3 |
| Why? So I can boot NT from VMS too? ;-)
tim
|
92.1436 | | STAR::HUGHES | Samurai Couch Potato | Fri Jul 16 1993 15:17 | 10 |
| I don't think we've ever really said what you can or cannot downline
load via MOP (it really doesn't care what actually gets sent).
We have supported booting other O/Ss (e.g. ELN, RSX-11S) and even other
platforms (some of the dedicated boxes, printservers, routers etc).
But hey, if you can boot OSF/1 from VMS and have OSF access storage on
the VAX with FSdj, I'd say shrink wrap it and sell it!
gary
|
92.1437 | dunno if it's been done before.... | QUARRY::petert | rigidly defined areas of doubt and uncertainty | Fri Jul 16 1993 15:18 | 11 |
| Hmmm, I've only bootp'd from other Unix systems before. I haven't heard
of it from a VMS system. Doesn't seem like it would be all
that difficult as Unix binaries can sit comfortably on a VAX as far as
I know. But then, digging into software all the time, I'm sure that
there's more involved than just my simple idea of how it would work.
Good work Tim! Were these both alpha boxes? I know what it feels like
to be working towards something and then finally see it working.
(But I've still got lot's of improvements to make in dbx. Well, at least
there's still work for me ;-)
PeterT
|
92.1438 | | STAR::HUGHES | Samurai Couch Potato | Fri Jul 16 1993 15:24 | 7 |
| Ooops, my VMS-centrism shows through again. From what I know of bootp,
I don't think it cares what gets loaded either.
We (Digital) do support some of our products loading via bootp from
non-DEC hosts btw.
gary
|
92.1439 | Warning: techno-dweeb alert...;-) | NAC::TRAMP::GRADY | Short arms, and deep pockets... | Fri Jul 16 1993 15:34 | 20 |
| Yeah, it was fun. The main problem I'm having is figuring out how to
tell the workstation where to find its NFS file system so it can do
real work. I booted the image that you use to do a network installation
on the local disk, so it didn't really care - still testing it to see
if it will actually do an installation, but I was excited just to see
it boot.
MOP has optional data fields that are used to tell Ultrix and OSF where
the file system is. Bootp has optional data fields too, but there isn't
a standard way of using it for this purpose...every vendor is a little
bit different. So much for "Standard Unix" (again).
The test case I got working was a VMS/AXP booting an OSF/AXP.
I'm interested in booting all sorts of Unix boxes, if it's possible.
At least diskless ones should work.
I'd really get a kick out of booting a Sun Workstation from an Alpha!
tim
|
92.1440 | | LANDO::HAPGOOD | | Fri Jul 16 1993 16:16 | 24 |
| <<< Note 92.1439 by NAC::TRAMP::GRADY "Short arms, and deep pockets..." >>>
That's great Tim.
What I really need is for OSF/1 to serve other u*ix archictectures. I have a
workstation clump (26 stations and 2 servers). These are all mips based.
I need to move in a 7000's for computational speed and it'll still have plenty
of time to serve w/stations....but when OSF will serve a mips based arch. I
can remove the ancient servers I have (5840's also mips based) when that
happens.
Well I'm off on vacation very shortly ....
bob
ps. What's the end purpose of your experiment? You can have a bootp server
and then send it to another box for it's 2ndary/tertiary stuff? Or is the
goal to be able to serve all arch's from a VMS machine...which would req
that the VMS machine understand all filesys formats used in OSF?? I think
I'm missing a point here....:)
pps. apolgies I won't read any of the replies until 8/2.
|
92.1441 | what are you TALKING about | MKOTS3::ROBERTS_CR | a blinding flash o'the obvious | Fri Jul 16 1993 16:18 | 4 |
|
ummmmm so this isn't the note about the stars :-)
|
92.1442 | | MKOTS3::JOLLIMORE | No Woman No Cry | Fri Jul 16 1993 16:33 | 7 |
| I think they're talking about (ugh) w*rk!
MORE GRATEFUL LESS W*RK
;-)
|
92.1443 | gweep! | NAC::TRAMP::GRADY | Short arms, and deep pockets... | Fri Jul 16 1993 17:32 | 20 |
| My product has an NFS server too. Eventually, we'd like to offer customers
the ability to boot and NFS serve their Unix systems from VMS. Probably not
a major selling point, but interesting anyways. We don't have an AFS server
yet, just UFS.... OSF/1, Ultrix and maybe others, who knows?
BTW, unix apparently doesn't usually use primary/secondary/tertiary
bootstraps. This thing is just loading OSF strait from prom loader to
memory and then punt... I've heard something about the MIPS boxes using
a small intermediary loader because the proms in the MIPS box are too
stupid to survive a big tftp load, so it loads a skeletal intermediate
bootstrap just to support a TCP/IP stack and bootp/tftp that will load
a six meg image without blowing its brains out.
It's so nice for work to be fun for a change!
tim
P.S. Carol, I'm sorry for the serious geek digression - but I knew there
were some Unixheads out here who could also speak in full sentences, so...
I had to ask.
|
92.1444 | | LANDO::HAPGOOD | | Fri Jul 16 1993 17:50 | 17 |
| I lied. I'm still here.
Yea here's how I boot a diskless mips box via dnet and mop...
Node Volatile Characteristics as of Fri Jul 16 13:43:29 EDT 1993
Remote node = 29.352 (MAIN10)
Load file = /dlenv2/root0.mips/usr/mdec/netload
Secondary loader = /dlclient1/main10.root/etc/netblk.o
Tertiary loader = /dlclient1/main10.root/vmunix
1st one gets enough "brains" to get the load going. 2nd one is a bit
more specific and the 3rd one actually is the image you want...but you
know that.
So now I'm gone....
bob
|
92.1445 | | NAC::TRAMP::GRADY | Short arms, and deep pockets... | Fri Jul 16 1993 18:41 | 4 |
| Yeah, VMS loads like that with MOP too - but bootp/tftp seems to work,
differently.
tim
|
92.1446 | | STUDIO::IDE | Can't this wait 'til I'm old? | Mon Jul 19 1993 14:46 | 5 |
| Details on the latest transition package are in Livewire now. So much
for it being all done in FY93. I haven't been following the packages,
but this one is pretty lean.
Jamie
|
92.1447 | | CXDOCS::BARNES | | Mon Jul 19 1993 14:47 | 5 |
| grate news for a Monday morning, eh?
NOT!!!!!
rfb
|
92.1448 | | EBBCLU::SMITH | So many roads tease my soul | Mon Jul 19 1993 15:15 | 2 |
|
HFT!!!!!!!! ;-)
|
92.1449 | | MONTOR::GNPIKE::HANNAN | Beyond description... | Mon Jul 19 1993 17:48 | 10 |
| I'm surprised there's any (severance) package at all.
There will always be a layoff/transition plan at Digital.
I'm already hearing about August doom and gloom :-(
Seems like it's a fact of life in this industry, unfortunately.
I've been through it at least 4 times in 10 years, twice at
DEC already!
Ken
|
92.1450 | Q4 results from Livewire | CASDOC::ROGERS | Make it so... | Wed Jul 28 1993 12:35 | 206 |
| Digital reports fourth quarter profit
(A letter from President and CEO Bob Palmer about the results is
being sent to all employees via electronic mail and is posted in LIVE
WIRE's Worldwide News menu.)
Digital has reported results for the fourth quarter and full
fiscal year that ended July 3, 1993.
For the quarter, the corporation reported net earnings of
$113,196,000 or $.85 per share on revenues of $3,913,951,000. This
compares with a net loss of $1,855,132,000 or $14.76 per share on
revenues of $3,905,784,000 for the comparable quarter a year ago. The
loss in the fourth quarter of fiscal 1992 included a restructuring
charge of $1.5 billion, primarily to be used for employee separations,
facility consolidations, asset retirements and related costs.
For the full fiscal year ended July 3, 1993, Digital reported a
net loss of $251,330,000 or $1.93 per share on revenues of
$14,371,369,000. This compares with a net loss of $2,795,507,000 or
$22.39 per share on revenues of $13,930,872,000 for the comparable
period a year ago. The prior year's loss included a one-time charge of
$485,495,000 for the cumulative effect of an accounting change and a
$1.5 billion restructuring charge.
"I am pleased to be able to report a continued, significant
improvement in our overall operating results both for the quarter and
the full year," said Bob Palmer, president and chief executive officer.
"While I am not satisfied with any loss, my confidence in Digital's
future is fueled by the improvements we have been able to achieve over
the past three quarters. I am particularly pleased to be able to report
that for the three quarters since the new management team has been in
place, Digital has posted a cumulative net profit of $9 million. With
our new customer-focused business unit structure now in place, we are
poised to grow revenues and increase our market share, while continuing
to work diligently to reduce our costs," he added.
"The year just ended was a year of significant change for Digital
and we will continue the transformation of the corporation throughout
fiscal year 1994. Our customers are counting on us to be successful and
to help them succeed. We have leadership competitive products -- both
hardware and software -- from the fastest workstations at any price to
the most robust, open, client/server systems. We offer comprehensive
worldwide service and support for thousands of products, not just from
Digital, but from other vendors as well. As a result, the excitement of
our employees and partners is generating growing enthusiasm in the
marketplace," he said.
"Notwithstanding our concern about the seasonally soft September
quarter, I am confident that Digital is poised for resurgence and the
responsibility is with this management team to make that happen," Bob
concluded.
Bill Steul, vice president and chief financial officer said, "We
experienced slight revenue growth in the U.S. and solid growth
throughout Asia, compared with the fourth quarter of last year.
However, our European business in general was weak, as was true for
many other technology companies," he added. "Most economists do not
look for growth in Europe next year. As a result of the uncertain
economic outlook, we remain very cautious about our ability to maintain
profitability for the seasonally soft first quarter."
"We continue to be encouraged by the results from our focus on
reducing costs. As we rationalized our engineering effort and product
offerings, research and engineering spending declined by 24% or $116
million compared with the same quarter a year ago to be more in line
with competitive norms. In addition, selling, general and
administrative expenses declined by 17% or $215 million compared with
the same quarter a year ago. Capital spending was $529 million for the
full year, the lowest level since 1984," he said. "For the second
quarter in a row, the corporation generated a positive cash flow from
operations and ended the year with a cash balance of more than $1.6
billion."
Bill Strecker, vice president of Engineering said, "During fiscal
year 1993, Digital launched the Alpha AXP systems, and introduced the
world's fastest PC, as well as the fastest workstations at every price
point in the industry. Over 2,600 Alpha AXP software solutions are
available to customers today. Our Alpha AXP strategy continues to
support unified UNIX, Windows NT and OpenVMS operating systems."
"While Alpha AXP-based revenues were a small factor in this year's
results, we look forward to increasing contributions, consistent with
historical trends in the introduction of a new generation of
technology. In increasing numbers, customers, software developers and
systems vendors are selecting the Alpha AXP architecture for their
future computing needs," he said.
"For example, Carrier Corporation, the world's largest manufacturer
of air conditioning, heating and refrigeration equipment, standardized
on Alpha AXP technology for its worldwide manufacturing and engineering
operations."
------
UNIX is a registered trademark of UNIX System Laboratories, Inc.
Windows NT is a trademark of Microsoft Corp.
FOURTH QUARTER ENDED:
JULY 3, 1993 JUNE 27, 1992
PRODUCT SALES $2,085,567,000 $2,143,345,000
SERVICE & OTHER REVENUES 1,828,384,000 1,762,439,000
TOTAL OPERATING REVENUES 3,913,951,000 3,905,784,000
COST OF PRODUCT SALES 1,277,981,000 1,220,059,000
SERVICE EXPENSE & COST OF
OTHER REVENUES 1,060,298,000 1,085,419,000
TOTAL COST OF SALES 2,338,279,000 2,305,478,000
GROSS MARGIN 40.3% 41%
RESEARCH & ENGINEERING 369,376,000 485,241,000
SELLING,
GENERAL & ADMINISTRATIVE 1,088,067,000 1,303,134,000
RESTRUCTURING CHARGE --- 1,500,000,000
INTEREST INCOME 20,081,000 24,447,000
INTEREST EXPENSE 18,091,000 10,664,000
INCOME/(LOSS)
BEFORE INCOME TAXES 120,219,000 (1,674,286,000)
INCOME TAXES 7,023,000 180,846,000
NET INCOME/(LOSS) $113,196,000 $(1,855,132,000)
NET INCOME/(LOSS) PER SHARE $0.85 $(14.76)
AVERAGE NUMBER OF SHARES
OUTSTANDING 133,476,529 125,691,368
OPERATING RESULTS FOR THE TWELVE MONTHS ENDED:
PRODUCT SALES $7,587,994,000 $7,696,029,000
SERVICE & OTHER REVENUES 6,783,375,000 6,234,843,000
TOTAL OPERATING REVENUES 14,371,369,000 13,930,872,000
COST OF PRODUCT SALES 4,464,445,000 4,248,118,000
SERVICE EXPENSE & COST OF
OTHER REVENUES 4,166,946,000 3,883,705,000
TOTAL COST OF SALES 8,631,391,000 8,131,823,000
RESEARCH & ENGINEERING 1,530,119,000 1,753,898,000
SELLING,
GENERAL & ADMINISTRATIVE 4,447,160,000 4,680,822,000
RESTRUCTURING CHARGE ---- 1,500,000,000
INTEREST INCOME 63,831,000 96,176,000
INTEREST EXPENSE 50,837,000 38,517,000
LOSS BEFORE INCOME TAXES &
CUMULATIVE EFFECT OF CHANGE
IN ACCOUNTING PRINCIPLE (224,307,000) (2,078,012,000)
INCOME TAXES 27,023,000 232,000,000
LOSS BEFORE CUMULATIVE EFFECT
OF CHANGE IN ACCOUNTING
PRINCIPLE (251,330,000) (2,310,012,000)
CUMULATIVE EFFECT OF CHANGE IN
ACCOUNTING PRINCIPLE, NET OF TAX ---- 485,495,000
NET LOSS $(251,330,000) $(2,795,507,000)
AVERAGE NUMBER OF SHARES
OUTSTANDING 130,408,884 124,864,122
LOSS PER SHARE AFTER TAXES
BEFORE CUMULATIVE EFFECT OF
ACCOUNTING CHANGE $( 1.93) $(18.50)
LOSS PER SHARE ON CUMULATIVE
EFFECT OF ACCOUNTING CHANGE - (3.89)
NET LOSS PER SHARE $(1.93) $(22.39)
BALANCE SHEET/CASH FLOWS - Q4 FY93
CASH & CASH EQUIVALENTS....................... $1,643,195,000
ACCOUNTS RECEIVABLE, NET...................... 3,020,252,000
A/R DAYS SALES OUTSTANDING.................... 69 DAYS
INVENTORIES: RAW MATERIALS........ 331,506,000
WORK IN PROCESS...... 502,200,000
FINISHED GOODS....... 921,434,000
TOTAL INVENTORIES ............... 1,755,140,000
PREPAID EXPENSES.............................. 379,122,000
DEFERRED INCOME TAX CHARGES, NET.............. 84,806,000
TOTAL CURRENT ASSETS.......................... 6,882,515,000
PROPERTY, PLANT & EQUIPMENT, NET.............. 3,178,291,000
TOTAL ASSETS.................................. 10,950,343,000
BANK LOANS & CURRENT PORTION OF
LONG-TERM DEBT.............................. 21,335,000
TOTAL CURRENT LIABILITIES..................... 3,918,714,000
LONG TERM DEBT................................ 1,017,577,000
POSTRETIREMENT BENEFITS....................... 1,128,653,000
TOTAL LIABILITITES............................ 6,064,944,000
STOCKHOLDERS' EQUITY.......................... 4,885,399,000
BOOK VALUE PER SHARE.......................... $36.19
INVESTMENTS IN PP&E - QTR..................... 170,272,000
DEPRECIATION & AMORTIZATION - QTR............. 208,950,000
INVESTMENTS IN PP&E - YEAR.................... 528,691,000
DEPRECIATION & AMORTIZATION - YEAR............ 838,183,000
NON U.S. REVENUES - QUARTER................... 2,449,366,000
OR 63%
NON U.S. REVENUES - YEAR...................... 9,164,148,000
OR 64%
TOTAL EMPLOYEE POPULATION..................... 94,200
<-- PREV PAGE
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To mail all 16 screens, type [7m 0 [m (zero) use ENTER
To return to the previous menu, use BACKUP
|
92.1451 | Q4 & Year-end Financial Results | SLOHAN::FIELDS | and we'd go Running On Faith | Wed Jul 28 1993 19:15 | 159 |
| From: SHRMTS::SHRMTS::MRGATE::"MROMTS::SALES::A1::PRESIDENT" 28-JUL-1993 15:13:09.26
To: @Distribution_List
CC:
Subj: Q4 & Year-end Financial Results 1
From: NAME: Office Of The President @MRO
FUNC:
TEL: <PRESIDENT AT A1 at SALES at MRO>
To: See Below
To: All Employees
From: Robert B. Palmer, president & CEO
Our hard work and focus are beginning to show encouraging results.
Digital's first quarterly profit in more than two years is a
significant milestone. And you, our employees, have reason to be
proud. In the three quarters since new management has been in place,
Digital has posted a net profit of $9 million.
We have come a long way. We are making rapid progress -- more
rapid than many observers had expected. We are on track with our plans
to reclaim the industry leadership that we once had.
We still have much to do before realizing this ambition. We must
be relentless in pursuing our goal to be "best-in-class." Our
stockholders and customers should not accept anything less from us.
Our intent is clear:
o To deliver customer solutions based on our leadership in open
client/server systems.
o To establish Alpha AXP technology as the industry's standard.
We begin this fiscal year with an integrated business plan -- with
clearly defined accountability -- that has been approved by the Board
of Directors. It's the first time in recent memory that we began the
fiscal year with such a plan.
We also begin the year with a new organization structure that is
truly customer-focused. Digital is the first and only worldwide,
fully integrated information technology supplier that is organized by
customer business. It hasn't been a simple matter getting to this
point, but we are responding to inescapable realities that our
competitors are only now beginning to face.
We have some concerns about the first quarter that require us to
keep our focus on cost-competitiveness and revenue growth, but we are
poised for a resurgence. Now that we can see the beginning of our
success potential, let's sharpen our focus on delivering business
solutions that customers truly value. With your hard work and
dedication, I am confident that Digital has a bright future.
Ultimately, Digital's success depends upon you. Business plans
and organization structures don't deliver customer solutions. People
do. We have achieved aggressive goals under difficult circumstances.
On behalf of our stockholders and Board of Directors, I would like to
thank you for your continued efforts and commitment to Digital's
success.
To Distribution List:
JAMES DOUCETTE @SHR,
DOUGLASS @SHR,
ROGER DOW @SHR,
WILLIAM DOWNEY @SHR,
DOYLE @SHR,
CATHY DOYLE @SHR,
THOMAS DRECHSLER @SHR,
DEBRA A DREW @SHR,
MICHAEL DUCHARME @SHR,
CARL DUDEVOIR @SHR,
DINA DUFFY @SHR,
DAVID DUFORT @SHR,
CARLA DUMAS @SHR,
MARK DUNBAR @SHR,
JEFFREY DUNCAN @SHR,
LORI DUNCAN @SHR,
DUNN @SHR,
STEPHEN DUNN @SHR,
DAY DUONG @SHR,
KATHLEEN DUPRAS @SHR,
MARDI DUPREE @SHR,
DAVID DUPUIS @SHR,
DUVAL @SHR,
ROGER DUVAL @SHR,
DEBRA DUVARNEY @SHR,
JAMES DWORSACK @SHR,
MICHAEL DWYER @SHR,
D DYER @SHR,
DENNIS DYER @SHR,
ELIZABETH DYER @SHR,
PATRICIA A DYER @SHR,
K DYKSTRA @SHR,
JOHN DYMON @SHR,
SHERRI DZIEKOWICZ @SHR,
ALICE DZIKIEWICZ @SHR,
ROBERT EARNEST @SHR,
EDGAR EAST @SHR,
ALICE EASTHAM @SHR,
DEBBIE EATON @SHR,
JAMES EBRECHT @SHR,
PATRICIA EDWARDS @SHR,
BRIAN EHLERS @SHR,
ALFRED EINES @SHR,
EISNER @SHR,
LEROY EISNER @SHR,
RICHARD ELDRIDGE @SHR,
HABEEB ELEDROOS @SHR,
FRANK ELEY @SHR,
T MADISON ELEY @SHR,
DALE ELLIOTT @SHR,
GEORGE ELLIS @SHR,
MARK ELLIS @SHR,
SANDRA ELLIS @SHR,
EMBY @SHR,
LORRAINE ENQUIST @SHR,
STEVEN ERLICHMAN @SHR,
ERTEL @SHR,
LESLIE ERTEL @SHR,
MICHAEL ESPERTI @SHR,
EUGENE ETHIER @SHR,
FERNANDO EVANGELISTA @SHR,
EVANGELOUS @SHR,
STEWART EVANS @SHR,
WILLIAM EVEN @SHR,
JAMES FAHEY @SHR,
DAVID FAIRBANKS @SHR,
THOMAS FARADAY @SHR,
SHERVIN FARHADI @SHR,
ROBERT FARWELL @SHR,
MARILYN FEDELE @SHR,
THOMAS J FEE @SHR,
STEPHEN FEELEY @SHR,
PAUL FERESTEN @SHR,
ARMANDO FERNANDES @SHR,
MARIA FERNANDES @SHR,
THOMAS FERRAGUTO @SHR,
JOHN FERRARA @SHR,
STEPHEN FERRARI @SHR,
GREGORY FERRARO @SHR,
THOMAS FERRIS @SHR,
FIELD @SHR,
CHRISTOPHER FIELDS @SHR,
BRUCE FILGATE @SHR,
WARD FILLMORE @SHR,
STEPHEN FINCH @SHR,
GUY FINECOUNTRY @SHR,
ROBERT FINIZIO @SHR,
STEPHEN FINKEL @SHR,
JANE FINNEAULT @SHR,
FREEMAN FISHER @SHR,
MARY FISHER @SHR,
MATTHEW FISHER @SHR,
GEORGE FITZPATRICK @SHR,
LOIS FLEET @SHR,
CAROLINE FLEMING @SHR,
GRACE FLEMING @SHR,
ROBERT FLEMINGS @SHR,
FRANK FLOOD @SHR,
AURENTINO FLOREZ @SHR,
DAVID FLOYD @SHR
|
92.1452 | we're safe (for now...) | ROCK::FROMM | It's hard to care about a don't care. | Fri Aug 20 1993 19:14 | 41 |
| Date: 20-AUG-1993 14:57:30.16
From: ROCK::MUELLER "Rob - Take life less seriously ... it's only life, after all! 20-Aug-1993 1453"
Subj: FWD: Employee Interest Notes will live on...
To: @ev5_team
From: DKAS::GALLUP "Everything is, or it isn't." 20-AUG-1993
14:53:15.48
To: zinger,wikoff,rob
CC:
Subj: Employee Interest Notes will live on...
<<< IKE22::NOTE$:[NOTES$LIBRARY]WOMANNOTES-V4.NOTE;1 >>>
-< Topics of Interest to Women >-
================================================================================
Note 904.2 They're getting ready to shut down 'nonbusiness' notesfiles 2 of 4
COVERT::COVERT "John R. Covert" 24 lines 20-AUG-1993 14:17:40.81
--------------------------------------------------------------------------------
Worldwide News LIVE WIRE
Employee interest notes files to continue ... Date: 20-Aug-1993
Employee interest notes files to continue
Digital's Senior Leadership Team decided to maintain employee
interest notes files at a recent SLT meeting, according to Win Hindle,
vice president, Office of Quality, Ethics and Business Practices.
The costs of maintaining these notes files had been under discussion.
The SLT considered numerous comments from employees and reviewed
cost and usage information before making the decision. The team also
decided to conduct a review of current standards, guidelines and policies
associated with the use of employee interest notes files.
Meanwhile, all employees are requested to follow existing guidelines
and policies for proper use of the network, as stated in Personnel Policy
6.54, "Proper Use of Digital Computers, Systems and Networks."
This worldwide policy states, "Information, and the ability to
communicate it, are valuable assets that play a significant role in
Digital's success. The protection and appropriate use of these assets
is everyone's responsibility."
Digital's network is a powerful business tool, and employees are
encouraged to use it with sensitivity to managing Digital's communications
costs and in accordance with the company's philosophy and values.
|
92.1453 | what about news? | ESGWST::MIRASSOU | Old McDonald was dyslexic. I-E-O-I-E | Fri Aug 20 1993 19:47 | 4 |
| Just curious...
The fuss is always made about notes files. Do the upper muckity-mucks
ever worry about the various usenet news feeds in the company?
|
92.1454 | | SUBPAC::MAGGARD | Careful with that AXP Eugene! | Fri Aug 20 1993 21:30 | 13 |
|
> Do the upper muckity-mucks ever worry about the various usenet news feeds
> in the company?
Good point! I was (and still am) under the impression that
accessing/reading the usenet costs much more network resources than
notes... Please correct me if I'm wrong ;-)
- jeff
|
92.1455 | Just when you thought it was safe to go outside... | CARROL::YOUNG | where is this place in space??? | Mon Aug 23 1993 14:44 | 161 |
| Subj: fyi, they'll be monitoring the copying of weather maps from
Internet
<Forwarding deleted>
From: NAME: Maureen Savage @MSO
FUNC:
TEL: <SAVAGE.MAUREEN AT A1 at ICS at
PKO>
Date: 09-Aug-1993
Posted-date: 09-Aug-1993
Precedence: 1
Subject: (A) Weather Maps and EASYnet
To: See Below
CC: See Below
Jack -
The attached document, authored by Dave Samuels on June 17th, outlines an
issue relating to Digital employees who are copying, at regular and
frequent
intervals, weather maps from the Internet. It is further believed that
these
maps are being further proliferated throughout the EASYnet, causing much
additional bandwidth to be consumed at Digital's expense.
Since the time that Dave sent out his memo, I have been working to get
a legal
opinion that what Dave has suggested that we do does not break any privacy
laws. As of late last week, I have received confirmation that we can
proceed with our plans as outlined.
As such, I need the ESC to kick off the process by monitoring, for a
one day
period, all internal Digital computer systems who are regularly pulling
the
weather maps from the Internet. Once we have this information, I will
be
asking each of the territory telecommunications managers to initiate a
similar
process to determine other Digital computer systems who receive the weather
maps internally from the Digital computer systems copying the files
from the Internet.
When all of the pertinent information has been received, we will begin
working
with the cost center managers who own these computer systems to begin an
education process as to what is and is not an appropriate use of
Digital's data network resources.
Jack, since your group manages the Internet gateway, I would appreciateit
if you would please kick off this effort at your earliest convenience and
let me
know when I can expect to receive the initial report so that we can proceed
with the rest of the plan. If you need any additional information,
please let me know.
Thanks,
Maureen
===========================================================
Author: Dave Samuels
Date: 17-Jun-1993
Posted-date: 09-Aug-1993
Precedence: 1
Subject: Identiying and removing trash (weather maps) from the network
Jim,
In my conversation with you and Maureen, we discussed the potential
abuse of computing and network resources identified recently, namely
copying, distributing and displaying weather maps on workstations around
the company.
Our research has shown the following:
The Weather map files are copied off the Internet on a periodic basis,
one hour is the number we have heard that is used on the CSOEA
system.
These files are then distributed through the network via an automatic
update procedure. The update procedure copies a user defined number of
map files and overlays. The overlay files are selected in the update
procedure depending on the map information wanted. This procedure also
contains a timer that can be modified by the end client to determine
how often the files are copied, it was set to 10 minutes on the version
seen. This procedure also appears to check the file to see if it
already exists before a new copy is made, i.e. it should only copy the
requested map overlays when they are new. Each hour, about 3000 blocks
worth of new data is copied to the host and made available for copying
to the clients displaying it on their workstations.
In order to effectively stop this and make sure that the correct mind
set change is taking place, we discussed the following actions:
* Using some tool, identify which systems are copying the weather
maps through the Internet gateway. This should be done over no
more than a days time, so as not to waste effort.
* Using the list created above, access these hosts systems over a
period of up to one day to determine which end systems are
copying this information and presumably displaying the map.
The host system can be accessed in one of the following ways:
NCP> TELL CSOEA SHOW KNOWN LINKS
This method is very transient and capturing a high percentage of
the end systems will take a while. I watched the system for a few
minutes and saw three links established, one was for less than 10
seconds and the other two were for 15-20 seconds. I would
estimate that the first link was a check with no update where the
other two may have updated some files. All three links
established two FAL sessions.
$ SEARCH/WINDOW=(1,0) NETSERVER.LOG WXDIR
The CSOEA system has FAL logging enabled which lists the files
that were accessed in each DECnet session. These files can be
used to determine end systems by searching for the directory that
contains the weather map files. The average life of the
NETSERVER.LOG files on CSOEA appear to be between 10 and 15
minutes so copies will be needed every 5 minutes.
Note: If FAL$LOG is not defined as 01, the file names and the
operations performed will not be listed, this is the default for
all systems that have installed SECURPACK. If this is the case,
it can not be determined what reason the link was established
except to state that it was a FAL access.
Example search output:
========================================================
FAL V5.1-D3 started execution on 16-JUN-1993 15:29:42.06
with SYS$NET = SPESHR::"0=KRETZ" and
Requested file access operation: Open file
Specified file: ADMIN_DISK:[WXDIR]CI_LATEST.GIF;2199
Resultant file: ADMIN_DISK:[WXDIR]CI_LATEST.GIF;2199
* Once a reasonable list (80/20 rule) has been created of systems
using/abusing the computing and network resources has been
collected, contact the cost center managers of each system
explaining the use/abuse. This will start to change the mentality
of people doing this activity.
* Using the data, also notify senior management of the size of the
abuse and steps that are being taken. Obtain support from senior
management for an informational memo on the cost of actions like
this to Digital, to be sent to all employees.
* Using tools available on the Internet gateway, block access
to the system on the Internet containing the weather maps to
prevent further abuse. This should not be done until after all
information has been collected so that the effect can be
understood and documented.
If we can be of further help, please let me know.
Thanks,
David
|
92.1456 | grrr | CSCMA::M_PECKAR | life is a carnival | Mon Aug 23 1993 15:09 | 17 |
|
Hmmm, I wonder just how many man-hours will be consumed by highly-paid
managers, network specialists, and cost center managers to "change the
mentality" of a relatively few number of people doing real work. I can
imagine my manager, for example, having to pull our whole team into a
special meeting to discuss this: using our own numbers, our time is worth
$180 per hour per specialist, so this meeting, assuming 70% of the team
attended, would cost $9000 in direct lost revenue. I imagine it would be
five times as much if we were a sales group, Oy vey.
As for the tool, yes, its a waste of bandwidth, but it has some very
educational aspects to it too. I for one, would not have learned as much as
I now know about internetworking, programming, and graphics without having
these toys to play around with. For most of us, in fact, our interest in
computers came from computer games. Take these away, and people will be
less creative, less willing to learn new things, and in the end, less
productive.
|
92.1457 | | AKOCOA::SMITH_D | So many roads tease my soul | Mon Aug 23 1993 15:35 | 6 |
|
Geeeeezzz....
I havn't been able to pull up a map for a while anyhow...
the school that supplies them was under water from
midwest flooding.
|
92.1458 | | ZENDIA::FERGUSON | Your recipe is so tasty | Mon Aug 23 1993 17:11 | 4 |
| Well, in the end, it is another morale issue. heck, let's try to have
the lowest morale in the USA. let's ban notes files, internet access, etc.
then, everyone can come to work and work all day with no play. makes me really
look forward to coming to work each morning. yeah, that's it.
|
92.1459 | | ONE900::HUGHES | Samurai Couch Potato | Mon Aug 23 1993 17:23 | 13 |
| re .1456
'grrrr' indeed.
Something tells me there is probably a market for a distributed image database
that could efficiently ship massive files around, optimising the use of
expensive links by store-and-forward etc, etc. Here we would have a perfect
testbed, but NOOOOOO! We know better than that.
Personally, I think the biggest waste of bandwidth is All-in-1 mail (not the
product, the users).
gary
|
92.1460 | | CSCMA::M_PECKAR | life is a carnival | Mon Aug 23 1993 17:48 | 4 |
| RE: all-in-one
:-) :-) :-)
|
92.1461 | I want hazardous duty pay | STUDIO::IDE | Can't this wait 'til I'm old? | Thu Aug 26 1993 12:27 | 9 |
| Boy, I love working for external customers. I was annoyed enough at
this guy yesterday for trying to tell me how to do my job and
constantly quoting Rush Limbaugh, but I was downright scared when he
showed me a .357 magnum speed loader with 5 live rounds! He left the
gun in the car, I think . . . he was too heavy to tell if he was
carrying. To top it off, he was from Rhode Island and didn't have a
permit to carry in Mass.
Jamie
|
92.1462 | What's so hazardous..? | SALES::GKELLER | The 2nd guarantees the rest | Thu Aug 26 1993 12:40 | 19 |
| > <<< Note 92.1461 by STUDIO::IDE "Can't this wait 'til I'm old?" >>>
> -< I want hazardous duty pay >-
>
> Boy, I love working for external customers. I was annoyed enough at
> this guy yesterday for trying to tell me how to do my job and
> constantly quoting Rush Limbaugh, but I was downright scared when he
> showed me a .357 magnum speed loader with 5 live rounds! He left the
> gun in the car, I think . . . he was too heavy to tell if he was
> carrying. To top it off, he was from Rhode Island and didn't have a
> permit to carry in Mass.
>
> Jamie
So except for not having a Mass permit what's the problem? Do you feel
this person is unstable. I know many people that carry their protection
with them wherever they go.
Geoff
|
92.1463 | Shoot me if you will...we all gotta go sometime!!! | CARROL::YOUNG | where is this place in space??? | Thu Aug 26 1993 12:45 | 9 |
| aaaooohhhh....i sense an NRA issue brewin' here...
Just the fact that ANYONE would own or carry a gun for PROTECTION makes
me think they live in constant PARANOIA and are therefore to be
consided UNSTABLE.....
i mean, who's really the enemy, could it be our own selves???
dugo
|
92.1464 | A hand cannon IS hazardous! | MILKWY::SAMPSON | Driven by the wind | Thu Aug 26 1993 13:02 | 26 |
| Yeash, Jamie I want to know who this is in case we're working with
the same external customer.
Geoff, this guy's in semiconductors not diamonds, I don't think
he's in a significantly dangerous position. If he's too heavy to be
able to tell if he's carrying what the hell does he need a cannon
to protect himself for. I'm a kind of small guy myself and I've never
felt so threatened that I need gun of any sort. For protection I
use a bike helmet, a seat belt and release bindings (on most of my
skis). I don't think it allowed to carry a firearm within a Digital
facility nor do I feel it's a necessary protective device.
If someone was trying to tell me how to do my job (probably
dissatisfied with the results I got), announcing repeatedly that his
politicle tendecies are not the same as mine and showing me that he had
the means to kill me in less than a heartbeat, I woud be intimidated!
I'm sorry if you feel carrying guns is a necessary protective measure
in this business, but I disagree. I've carried a lot of leading edge
semiconductors around and never once felt threatened to the point of
needing a gun. since I've never felt threatened in this position, do
we semiconductor analysts come across as highly threatening
individuals??
I want to know who it is for my own protection!!!
Geoff
|
92.1465 | | STUDIO::IDE | Can't this wait 'til I'm old? | Thu Aug 26 1993 13:07 | 28 |
| re .1462
We're closer to agreeing on this issue than either of us thinks. My
problems with this guy are:
- He was violating state law (no Mass. permit).
- He was violating DEC policy, which I assume applies to anyone
entering a facility, not just employees. (Sec. 6.24)
- He was an obnoxious jerk, which violates my policy of not dealing with
obnoxious jerks. :-)
I personally think that carrying a gun is the best way to turn a
confrontation into a shooting. Common sense is the best self-defense.
Some people feel otherwise, and I don't blame them -- we live in the most
violent country in the world.
What scared me about this guy was that he had to start bragging about
carrying, to the point of showing me a full clip. Out of the blue, too
-- it didn't just come up in conversation. I think anyone who behaves
that way is looking for a chance to use his gun.
Anyway, I'll be informing him today that I won't do work for him
anymore. I'm going to check with security and see if I can get him on
the barred from entry list. BTW, this list is interesting reading.
Jamie
|
92.1466 | Post Office comes to mind.... | SLOHAN::FIELDS | Strange Brew | Thu Aug 26 1993 13:19 | 5 |
| yikes ! Jamie I would do as you said and report this man to DECpolice
because this guy should not have a gun in a DEC building.....and I'd be
a bit worried if someone started to act in that manner...
Chris
|
92.1467 | | ZENDIA::FERGUSON | Your recipe is so tasty | Thu Aug 26 1993 13:38 | 4 |
| that guy is out of line. i would have told the cops on him.
carrying a gun in that business is bull. pulling it out and showing is
nothing but show-boating. sounds like this dude is on a gun ego trip.
|
92.1468 | | SUBPAC::MAGGARD | Careful with that AXP Eugene! | Thu Aug 26 1993 14:26 | 4 |
|
I wonder what the NRA would say about this guy...
...probably nothing. 8-)
|
92.1469 | | AKOCOA::SMITH_D | So many roads tease my soul | Thu Aug 26 1993 15:03 | 4 |
|
That hate concealed firearms...I am supporter of rifles,
but not handguns. I don't see where this fellow should
be getting off on flashing that.
|
92.1470 | or mebe marshmallos :^) | SALEM::BURNS | how's 'bout a war on violence! | Thu Aug 26 1993 15:41 | 8 |
| me thinks we should git the BATF in on this!!!
NOT!!!
altho I personally feel troubled that he feels he needs it in the first
place :^(
peace,Andy_who_would_have_trouble_shooting_nething_but_creampuffs.
|
92.1471 | | CX3PST::BSS::DSMITH | | Thu Aug 26 1993 16:45 | 13 |
|
RE:1468
I wonder what the NRA would say about this guy...
...probably nothing. 8-)
Your wrong there the first thing the NRA stands for is FIREARMS SAFTY!
Don't go spouting off about a group you who lack knowledge about!
Divide Dave
|
92.1472 | See the smiley!? | SUBPAC::MAGGARD | Careful with that AXP Eugene! | Thu Aug 26 1993 17:40 | 9 |
| > I wonder what the NRA would say about this guy...
>
> ...probably nothing. 8-)
^^^
It was a joke...
My apologies to the offended.
|
92.1473 | | NRSTA2::CLARK | live for today | Thu Aug 26 1993 17:52 | 2 |
| I'd like to see as much thought put into why this country is so violent as
is put into the gun control debates.
|
92.1474 | case closed | STUDIO::IDE | Can't this wait 'til I'm old? | Thu Aug 26 1993 18:04 | 19 |
| I'm not going to pursue this further except to request that they send
samples only or someone else next time. Not just for this incident,
but also so I won't have to put up with listening to racial slurs while
I'm trying to do my job.
BTW, he was the NRA . . . $20 a quarter for ? quarters, automatically
deducted from his credit card to get him a life membership. At least
he stopped offering me helpful suggestions once the topic of guns came
up.
The NRA's top priority is fund raising, #2 is lobbying. Hunter safety
courses vary on the local level -- I passed mine even though I missed
the last two classes.
"You'll make bigger boards with bigger nails through them. Soon, you
humans will make a board with a nail through it so big you'll destroy
yourselves." -- The Simpsons
Jamie
|
92.1475 | | CX3PST::BSS::DSMITH | | Thu Aug 26 1993 18:30 | 12 |
|
Jamie
I have to disagree with you about the NRA there #1 piorty is Firearms
Safty! Fund raising helps pay for all the safty classes they offer,
from kindergarden up and help pay for the training centers they have
for shooters and police training.
Just because this guy's an AS*&(le don't assume(if you are) that all
NRA members are that way.
Divide Dave
|
92.1476 | one bad example Im sure | SLOHAN::FIELDS | Strange Brew | Thu Aug 26 1993 18:49 | 13 |
| I would guess that this guy was not a rill good example of a NRA
member.....yes ? no ?
I guess there are a few good members in here, and I know a few
outside and the only time I've seen their guns is when I over their
house and they take them out of the locked cabinet or safe they store
them in......after I ask what new guns they might have or like that.
only one has shown me his gun without asking but he had just got it
that day, and was very proud of his new buy. He even let me shoot it
after a 1/2 hour drill on how to hold it when shooting/not shooting,
and this was at a range.
Chris
|
92.1477 | Gun ownership discussions - yeach | BSS::MNELSON | Ripples in still Water | Thu Aug 26 1993 20:45 | 18 |
|
Discussions around gun control often have the same feel as those
around religion. People are often polarized and rarely switch their
stance.
No doubt, violent criminals aren't incarcerated long enough.
Guns are used in some violent crimes. Keeping criminals in jail
costs a lot. People don't want to pay more taxes. Gun ownership is
a right of Americans and guns can be dangerous.
The customer in question was an obvious idiot, whether a gun owner,
NRA member, presbyterian, hockey fan, whatever. I wouldn't
want to have to work with him again.
|
92.1478 | what's the mean time between gun control debates in this file? | ROCK::FROMM | It's hard to care about a don't care. | Fri Aug 27 1993 20:51 | 10 |
| > I have to disagree with you about the NRA there #1 piorty is Firearms
> Safty! Fund raising helps pay for all the safty classes they offer,
do you really know how much $ every year goes to fund-raising, lobbying, and
firearms safety classes?
i'd be curious to see the stats (and yeah, i know, let's not get into the
whole statistics can be misleading debate again...)
- rich
|
92.1479 | Will get stats and post them here later... | SALES::GKELLER | The 2nd guarantees the rest | Mon Aug 30 1993 13:11 | 25 |
| > <<< Note 92.1478 by ROCK::FROMM "It's hard to care about a don't care." >>>
>do you really know how much $ every year goes to fund-raising, lobbying, and
>firearms safety classes?
>
>i'd be curious to see the stats (and yeah, i know, let's not get into the
>whole statistics can be misleading debate again...)
>
>- rich
I will find out and post it in here. Actually, the NRA is not a lobbying
organization. The ILA is the separate entity that deals with lobbying and
legislation.
FLAME ON MODERATE*** (Not directed at anyone in particular just a general
observation)
I am amazed that people who are so upset when deadheads are pigeonholed or
stereotyped, can turn around and do the same thing to another group of
people.
FLAME OFF
Geoff
|
92.1480 | NRAisized! | ZENDIA::FERGUSON | Your recipe is so tasty | Mon Aug 30 1993 13:16 | 20 |
| re <<< Note 92.1479 by SALES::GKELLER "The 2nd guarantees the rest" >>>
-< Will get stats and post them here later... >-
>FLAME ON MODERATE*** (Not directed at anyone in particular just a general
>observation)
>
>I am amazed that people who are so upset when deadheads are pigeonholed or
>stereotyped, can turn around and do the same thing to another group of
>people.
>
>FLAME OFF
I agree on this one Geoff! I was recently talking to a NRA member who
thought that all drugs should remain illegal and was not interested in
hearing arguments supporting legalization. To him, it was alright to own
any gun made, but not ok for someone, in the PRIVACY of their own home, to
light up a joint or partake in any other "harmless if used responsibly"
drug....freedom for gun owners and no one else was pretty much his take.
|
92.1481 | | NAC::TRAMP::GRADY | Short arms, and deep pockets... | Mon Aug 30 1993 13:17 | 14 |
| I will not talk about gun control again.
I will not talk about gun control again.
I will not talk about gun control again.
I will not talk about gun control again.
I will not talk about gun control again.
There. I feel much better.
Sounds like this guy just proves the general rule, that
given a significant cross section of the general population,
a specific and significant proportion of the sample will
turn out to be assholes.
tim
|
92.1482 | Under 2% spent on lobbying | SALES::GKELLER | The 2nd guarantees the rest | Mon Aug 30 1993 17:57 | 20 |
| > <<< Note 92.1478 by ROCK::FROMM "It's hard to care about a don't care." >>>
>do you really know how much $ every year goes to fund-raising, lobbying, and
>firearms safety classes?
>
>i'd be curious to see the stats (and yeah, i know, let's not get into the
>whole statistics can be misleading debate again...)
>
>- rich
These Numbers are approximate...
Of an annual budget of ~90 million dollars about 2 million is used for
lobbying efforts.
Compare this to HCI (Handgun Control Inc.) which spends all of their ~6
Million dollar budget on lobbying.
More information as I receive it.
Geoff
|
92.1483 | | ZENDIA::FERGUSON | Your recipe is so tasty | Thu Sep 02 1993 18:20 | 4 |
| Yesturday, while working at ZKO, I was stereotyped as a "techie" because
I was wearing sandals, shorts, and a t-shirt...
|
92.1484 | does this bother you? | EST::BOURDESS | | Thu Sep 02 1993 18:37 | 3 |
| >Yesturday, while working at ZKO, I was stereotyped as a "techie" because
Well, aren't you :-)
|
92.1485 | | MKOTS3::ROBERTS_CR | dust off those rusty strings | Thu Sep 02 1993 18:40 | 5 |
| JC
This is because you weren't wearing your buttonups
|
92.1486 | | NRSTA2::CLARK | live for today | Thu Sep 02 1993 18:47 | 2 |
| I'm labelled a "techie" at MSO because I'm not wearing a suit. I think
if I wore sandals, I'd be thrown in de coolah ....
|
92.1487 | | NAC::TRAMP::GRADY | Short arms, and deep pockets... | Thu Sep 02 1993 19:11 | 7 |
| Actually, what they're saying is "tekki", which you may
not be aware, is Finnish for dweeb.
;-) ;-)
tim
|
92.1488 | | NAC::TRAMP::GRADY | Short arms, and deep pockets... | Thu Sep 02 1993 19:11 | 3 |
| It's also Japanese for tunafish.
tim
|
92.1489 | y | MKOTS3::ROBERTS_CR | dust off those rusty strings | Thu Sep 02 1993 19:13 | 4 |
|
aaaaaaaaaaaaAAAAAAAAAAAAAAAAAHHHHHHAAAAAAAAAAAAHAHAHAHHAHAHAHAHAHHAHAAA
|
92.1490 | | ZENDIA::FERGUSON | Your recipe is so tasty | Thu Sep 02 1993 19:58 | 7 |
| well, if you know me, then you probably already know that i didn't really
care ... it was kinda funny actually 'cuz there was a bunch of these ladies
in the office where this one woman needed some techie assistance. so, i
went there and we were chatting about it./.. can't remember what i said
exactly, but think i told them that they looked like they occupied overhead
positions!! we were all laughing a bit...
|
92.1491 | | NAC::TRAMP::GRADY | Short arms, and deep pockets... | Thu Sep 02 1993 21:07 | 4 |
| ...and as I'm sure you know, JC, I was only kidding...
tim
|
92.1492 | | ZENDIA::FERGUSON | Your recipe is so tasty | Fri Sep 03 1993 13:26 | 7 |
| re <<< Note 92.1491 by NAC::TRAMP::GRADY "Short arms, and deep pockets..." >>>
> ...and as I'm sure you know, JC, I was only kidding...
actually, i was responding to Mike's "does this bother you?" question; it
was quite clear that you were jokin' there mon!!!
|
92.1493 | chip news... | STRATA::DWEST | reality is not... | Fri Sep 10 1993 18:28 | 60 |
| From: SCOMAN::PROPER "10-Sep-1993 1151" 10-SEP-1993 11:56:59.63
To: @SITEMAIL.DIS
CC:
Subj: SITEMAIL: Product and Pricing Announcement
+---------------------------+ TM
| | | | | | | |
| d | i | g | i | t | a | l | I n t e r o f f i c e M e m o
| | | | | | | |
+---------------------------+
TO: All Employees DATE: September 10, 1993
FROM: Ed Caldwell
DEPT: Semiconductor Operations
EXT: 225-5036
LOC/MAIL STOP: HLO2-2/M12
NODE: SHARE::CALDWELL
SUBJECT: Product and Pricing Announcement
On Friday, September 10th, we announced our entry into the volume pc and
embedded markets with two new Alpha AXP microprocessors: the DECchip 21066 for
the emerging Windows NT desktop market and the DECchip 21068 for the high-end
embedded control market. These low cost, highly integrated chips are the
first microprocessors in the industry to feature the Peripheral Component
Interconnect (PCI) local bus standard directly on the chip.
Priced at $385 per chip in quantities of 5,000 the DECchip 21066 operates at
166 MHz and delivers estimated performance of 70 SPECint92 and 105 SPECfp92.
Samples are available now, with volume quantities shipping in the first
quarter of calendar year 1994.
The DECchip 21068, priced at $221 per unit in quantities of 5,000,
provided estimated performance of 30 SPECint 92, 50 SPECfp 92 and 70
Dhrystone MIPS. Samples are available now, with volume quantities available
in the first quarter of calendar year 1994.
With this announcement, Digital is also realigning its existing Alpha AXP
microprocessor family in relation to the new price/performance curve
established by the new chips products. The currently shipping DECchip 21064-
150 MHz part has been reduced to $459 per unit in quantities of 5,000. The
DECchip 21064-200 MHz chip has been reduced to $1,185 in quantities of 5,000.
In addition, we also introduced a 166 MHz version of the 21064. Priced at
$499 in quantities of 5,000 with estimated performance of 90 SPECint 92
and 140 SPECfp92, the chips is available now in volume quantities.
To support faster and easier design of boards based on the DECchip 21066 and
21068, we also announced the EB66/68 Evaluation Board. Priced at $5,000,
the Evaluation Board will be available in the first quarter of 1994.
We have spoken with key business and trade press as well as influential
industry analysts and financial analysts and expect to see coverage of
the announcement appearing today and next week.
My thanks and congratulations to everyone in Semiconductor Operations around
the world who have contributed to these outstanding new products.
|
92.1494 | | AKOCOA::SMITH_D | So many roads tease my soul | Fri Sep 10 1993 18:51 | 4 |
|
Stocks at 42 7/8
Nothin left to do but sell sell sell! ;-)
|
92.1495 | momentarily clueless | ROCK::FROMM | It's hard to care about a don't care. | Fri Sep 10 1993 20:00 | 11 |
| >On Friday, September 10th, we announced our entry into the volume pc and
>embedded markets with two new Alpha AXP microprocessors: the DECchip 21066 for
>the emerging Windows NT desktop market and the DECchip 21068 for the high-end
>embedded control market.
i know the 21064 is EV4, and the 21066 is LCA, but what is the 21068?
you'd think that i should know this stuff, since it is my group that's
developing these chips...
- rich
|
92.1496 | | NAC::TRAMP::GRADY | Short arms, and deep pockets... | Fri Sep 10 1993 21:48 | 6 |
| Very good news. Very good, indeed!
It's about time.
tim
|
92.1497 | | SSGV01::GPEACE::Strobel | Psychotic Friends Network | Mon Sep 13 1993 17:01 | 3 |
| Isn't 21068 a series on Fox?
;-)
|
92.1498 | | POWDML::MACINTYRE | | Mon Sep 13 1993 17:56 | 7 |
| re .1497
No, it is a wicked old movie by some by named Stanley Rubick.
:-)
|
92.1499 | :^) :^) :^) | LUDWIG::DWEST | reality is not... | Mon Sep 13 1993 18:46 | 5 |
| re-.1
you mean the cube guy??
da ve
|
92.1500 | another trip through the stargate | ONE900::HUGHES | Samurai Couch Potato | Mon Sep 13 1993 18:52 | 3 |
| It was more of a monolith than a cube, but just as puzzling.
gary
|
92.1501 | | STRATA::DWEST | reality is not... | Tue Sep 14 1993 12:48 | 192 |
| lots of digital stuff in the news today...
From: CADSYS::DELNI::EXPAT::VNS "The VOGON News Service 14-Sep-1993 0439"
To: VNS-Distribution
CC:
Subj: VNS #2913 Tue 14-Sep-1993
<><><><><><><><> T h e V O G O N N e w s S e r v i c e <><><><><><><><>
Edition : 2913 Tuesday 14-Sep-1993 Circulation : 6618
For information on how to subscribe to VNS, ordering backissues, contacting
VNS staff members, etc, send a mail to EXPAT::EXPAT with a subject of HELP.
VNS COMPUTER NEWS: [Tracy Talcott, VNS Computer Desk]
================== [Littleton, MA, USA ]
Digital - Enters volume PC, embedded markets with new Alpha AXP
microprocessors
{Livewire, Worldwide News, 10-Sep-93}
Digital today launched a major market initiative into the desktop PC and
embedded markets with two new Alpha AXP architecture microprocessors. These
products are the industry's first microprocessors to feature the Peripheral
Component Interconnect (PCI) local bus standard directly on the chip.
"Our goal is to leverage the performance leadership of the Alpha AXP
architecture microprocessor family into emerging volume markets such as
Windows NT PCs and high-end embedded control," said Ed Caldwell, vice
president of Semiconductor Operations. "We believe that the power of the Alpha
AXP architecture will enable end users to tap into the full potential of
Windows NT. With this announcement, we continue to deliver on our commitment
to establish the Alpha AXP architecture as an open market standard."
The DECchip 21066 architecture is the first in a family of low cost,
highly-integrated chips for the Windows NT desktop market. More than 500
Windows NT applications running natively on Alpha AXP architecture systems
will ship by the end of this calendar year.
Based on the core of the existing 64-bit DECchip 21064 microprocessor, the
new device includes integrated PCI interfaces, an on-chip memory controller
and graphics accelerator. These features substantially reduce the cost of
implementing systems based on the Alpha AXP architecture.
With the PCI controller designed into the chip, manufacturers can now design
systems easier and faster. By standardizing on PCI, vendors are able to use
high volume, low cost components. In addition, PCI, the emerging bus standard
effort initiated by Intel Corp. and supported by more than 200 leading
semiconductor and computer vendors, provides manufacturers with investment
protection for their custom PCI peripherals across multiple architectures and
successive microprocessor generations. The PCI expansion bus preserves
investments made in EISA and ISA add-on cards.
The DECchip 21068 microprocessor, a product derived from the DECchip 21066
microprocessor, is the first Alpha AXP architecture chip targeted for embedded
applications with lower power requirements. Because the DECchip 21068
microprocessor is pin-compatible with the DECchip 21066 microprocessor,
developers can build boards that span two price or performance points without
additional engineering costs.
Digital is also realigning its existing Alpha AXP architecture
microprocessor family in relation to the new price/performance curve
established by the new chip products. The DECchip 21064 150MHz
microprocessor, which is shipping now, has been reduced to $455 per unit in
quantities of 5,000. A 166MHz version of the DECchip 21064 is priced at $499
in quantities of 5,000.
The EB66/68 Evaluation Board is a tool that enables hardware engineers to
design boards with either the DECchip 21066 or 21068 microprocessors more
quickly and easily. The EB66/68 includes sample designs of an Alpha AXP
architecture motherboard plus supporting sample files, source code, and
simulation databases. Software engineers will use the board as a target
software development tool. The Evaluation Board will be available in the first
quarter of calendar year 1994.
-----
Windows NT is a registered trademark of Microsoft Corp. Intel is a
trademark of Intel Corp.
Digital - Industry leaders agree on common interface specification for
UNIX-based operating systems
{Livewire, Worldwide News, 10-Sep-93}
More than 75 of the world's leading UNIX system suppliers and software
developers have announced agreement on a comprehensive specification defining
a common set of application programming interfaces (APIs) for UNIX-based
operating systems. The common API specification enhances the portability of
UNIX system-based applications, while maintaining the benefits of having
multiple, competitive implementations of the operating system.
The companies include Digital, IBM, Hewlett-Packard, Sony, Motorola and
Lotus Development Corp.
This specification will provide significant new benefits for developers and
end-users. Developers will be able to write a single version of each
application and recompile to make it available across all compliant UNIX
system platforms. In addition, the specification allows developers to
continue to exploit the unique functions that will be found in different
vendors' implementations. End users will benefit from increased application
availability, while taking advantage of choice, innovation and performance
optimization.
X/Open Company Ltd. has agreed to formalize industry consensus, to brand
compliant product implementations, and to manage the evolution of the common
UNIX system-based API specification. All organizations have agreed to
participate in the industry-wide review process. This process will enable
UNIX system vendors to deliver standardized documentation to software
developers during the first half of 1994.
"The release of this specification for a common set of UNIX system-based
APIs is a watershed event for vendors and users," said Geoff Morris, president
and chief executive officer of X/Open. "This initiative increases the choice
of solutions for companies that have adopted open systems strategies
incorporating UNIX-system based platforms. We expect that the combination of
this common specification with the X/Open brand will accelerate the
implementation of open systems to achieve increased business advantage."
The APIs were selected based on formal industry standards (X/Open
Portability Guide) and widely supported specifications (System V Interface
Definition) and Application Environment Specification and API usage data from
leading UNIX system-based applications from vendors, including Cadence Design
Systems, Lotus Development Corp. and Oracle Corp.
This process of selecting APIs based on their industry acceptance
distinguishes this effort from previous standardization attempts, will result
in increased portability for many existing applications and will simplify the
porting process for other applications.
An industry workgroup consisting of UNIX system vendors, the Open Software
Foundation (OSF) and UNIX International, Inc. (UI), adhering to principles
outlined by the common open software environment process announced earlier
this year, has created the initial draft specification and will work with
X/Open to review and complete this specification.
------------
OSF is a trademark of the Open Software Foundation, Inc. UNIX is a registered
trademark of UNIX System Laboratories, Inc. in the United States and other
countries. X/Open and the "X" device are registered trademarks of X/Open
Company Ltd. in the U.K. and other countries.
Digital - Jean-Paul Nerriere joins Digital as managing director of Digital
Equipment France
{Livewire, Worldwide News, 9-Sep-93}
Jean-Paul Nerriere is joining Digital as managing director of Digital
Equipment France. In this position, he will directly manage all activities of
Territory 7 (France). He will preside over the French Management Board and
will also sit on the European Management Board.
Jean-Paul spent 27 years with IBM where he held several senior management
positions. He was managing director of operations for IBM France, deputy
managing director, vice president of professional services and managing
director of Personal Systems for IBM Europe, as well as vice president of
international marketing for IBM Corp. in the U.S.
Most recently, Jean-Paul was with Automobiles Peugeot, where he served as
sales manager for Europe and North America, assuming responsibility for an
organization which accounts for more than 85% of Peugeot's total sales.
Digital - Aerospace companies pick Digital systems
{Livewire, U.S. News, 9-Sep-93}
Hughes Communications, Inc. (HCI), El Segundo, Calif., will replace its
Hewlett-Packard 3000 financial system with an Alpha-ready VAX solution. A new
HCI subsidiary, Hughes DirecTv, will also use the new accounting system to
manage its finances.
DirecTv also purchased an Alpha-ready VAX system to provide executive
information/decision support system capabilities. The sales generated a
combined $884,000 in systems and consulting revenue for Digital.
The HCI win represents Digital's first move into the business area of this
account, traditionally dominated by HP. Both HCI and DirecTv were convinced
that the price/performance and growth path offered by Alpha technology, along
with Digital's networking capabilities, would offer significant advantages
over HP.
CODA's Integrated Accounting System (IAS) software will run on a VAX 4500
system at HCI headquarters. Numerous HCI sites, including DirecTv, will send
financial data to the VAX for corporate consolidation. The flexibility of the
Digital/CODA solution will allow DirecTv to use the CODA application to
control its finances.
Holos, an executive information/decision support application from Holistic
Systems, will run on a VAX 4400 at DirecTv. The solution will provide DirecTv
with desktop access to financial, sales, billing, contract, and scheduling
information across multiple databases and platforms -- including Tandem,
Digital, and HP -- used by its eight field sites. Users will have seamless,
enterprise-wide information retrieval capabilities from Macintosh and PC
desktop systems.
Digital's Discrete Manufacturing and Defense Professional Services Center
will implement the Holos system. Complete implementation is expected by
January, 1994.
HCI, a subsidiary of General Motors Hughes Electronics, leases Hughes
satellite transponder space for commercial use. Its subsidiary, Hughes
DirecTv, provides over 150 broadcast channels to the US, Canada and Mexico via
Hughes satellites.
CODA and Holistic are FABS business partners. For more information about
this win, contact account manager Pam Jones at DTN 531-4327. For more
information about FABS consulting expertise, contact Bob Young, manager of
FABS Sales Support, DTN 264-3990.
<><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><>
For information on how to subscribe to VNS, ordering backissues, contacting
VNS staff members, etc, send a mail to EXPAT::EXPAT with a subject of HELP.
Permission to copy material from this VNS is granted (per DIGITAL PP&P)
provided that the message header for the issue and credit lines for the
VNS correspondent and original source are retained in the copy.
<><><><><><><><> VNS Edition : 2913 Tuesday 14-Sep-1993 <><><><><><><><>
|
92.1502 | | ZENDIA::FERGUSON | Your recipe is so tasty | Tue Sep 14 1993 17:14 | 1 |
| . . . stock is off 1 1/8 @ 40 and change...
|
92.1503 | | ONE900::HUGHES | Samurai Couch Potato | Tue Sep 14 1993 21:20 | 5 |
| Now at 40 ('now' being 4:40pm edt). The DJIA is down too.
Maybe the market is worried about the threat of peace breaking out.
gary
|
92.1504 | | CXDOCS::BARNES | | Tue Sep 14 1993 21:25 | 4 |
| well, i hope i sold mine early enough Monday to get the
42$/share...need to pay for our new bed! no big deal ifn it didn't,
it's only money, and ANY! profit can't be discounted!
rfb
|
92.1505 | lot's more digital stuff in vns today... | STRATA::DWEST | reality is not... | Wed Sep 15 1993 13:08 | 168 |
|
From: CADSYS::DELNI::EXPAT::VNS "The VOGON News Service 15-Sep-1993 0408"
To: VNS-Distribution
CC:
Subj: VNS #2914 Wed 15-Sep-1993
<><><><><><><><> T h e V O G O N N e w s S e r v i c e <><><><><><><><>
Edition : 2914 Wednesday 15-Sep-1993 Circulation : 6612
VNS COMPUTER NEWS: [Tracy Talcott, VNS Computer Desk]
================== [Littleton, MA, USA ]
Monday's Market Digital Fair Market Value
Quote Change 1-Dec-1992 $32.687
IBM 43 7/8 + 1/8 28-May-1993 $44.50
HPkd 69 1/4 -1 1/2 85% of lower $28.00
Msft 76 3/8 -1 5/8 2-Jun-1993 $43.437
Tuesday's Market Dow Jones Change
DEC 40 -1 5/8 3615.76 -18.26
Digital - Interview with Robert Palmer
{Forbes ASAP Technology Supplement, 13-Sep-93, p. 56}
A Palmer Reader
Robert Palmer, the new chairman of Digital Equipment Corp., has the task of
reviving the Boston area's wounded giant. So far, so good - the bleeding has
been been stanched - but big challenges lie ahead. Palmer spoke to ASAP
about the future.
ASAP: What do you have to do to turn things around?
Palmer: We need to change our fundamentals, the way we license our
technology, and bring in new partners. We have to look at shorter production
cycles and at all of our internal activities to see if they can sustain
profitability. Technology for technology's sake is not longer viable.
ASAP: So DEC has become more customer-oriented?
Palmer: To remain a leading technology company, we need to listen to the
customer. To improve, we need to be organized around sales so that customer
input goes directly into engineering. Everything we look at now starts with
a rhetorical question: How will it help us be better with our customer?
ASAP: How important is the Alpha chip in relation to the new strategy?
Palmer: Alpha has the same significance to the company as VAX did 15 years
ago. It gives us absolute technological superiority, because it is the first
implementation of a full 64-bit architecture with a neutral operating system.
It's great to be out in front, but Alpha won't return Digital to growth; there
are a lot of other things.
ASAP: Like a different management philosophy.
Palmer: Yes. Because no company can do everything, you have to develop
strategic alliances. We're doing it with Mitsubishi to develop a secondary
manufacturing capability and with Microsoft to allow Windows NT to run on
Alpha. It's fundamentally a different philosophical style, although we're
trying not to stray from the company's roots.
ASAP: What is your sense of the way the West stole a technological mark on
the East?
Palmer: I think it was primarily a timing issue. The East Coast led when
mainframes and midrange computers held sway. The shift occurred more because
people who were invested in the old model were reluctant to invest in the new.
Many West Coast companies were younger and didn't have those investments.
ASAP: So you have to tell all your stockholders to put everything on hold
while you invest heavily in Digital's future?
Palmer: Since it's the stockholder's money, it's my responsibility to earn a
reputable return on their investment. Clearly, it took several years to get
into trouble, and it will take some time to recover. What stockholders want
to see is continued improvement, fewer losses and tough strategic decisions.
Digital - Compaq's Pentium holds it own against Alpha
{PC Computing, Sep-93, p. 129}
[From an article starting on p. 126 - Pentium PCs: The First Generation.
The Compaq that generated the numbers below is a Deskpro 5/60M priced at
$8,679 and includes 136 MB RAM and a 20-inch monitor. No additional
information on the Alpha machine was given - TT]
Pentium, Alpha take on NT
Basic Processor Floating Point Graphics
Test Test Test
Compaq Deskpro 486DX2/66: Baseline
DEC Alpha 56% faster 57% faster 22% faster
Compaq Deskpro 5/60M 34% faster 80% faster 12% faster
DEC's Alpha is touted as the world's fastest chip, yet Compaq's Pentium
system held its own running a prerelease version of Windows NT.
Digital - Introducing its Alpha chip for lower-cost PCs
{The Boston Globe, 10-Sep-93, p. 65}
Looking to expand the reach of its Alpha AXP processors, Digital Equipment
plans today to introduce a version of the chip for lower-cost personal
computers.
The Maynard company, which has staked its turnaround hopes on products based
on the Alpha line, said the new 21066 chip is aimed at the emerging market for
machine running Microsoft's Windows NT software. Current Alpha chips have
been used mainly in more expensive and powerful workstations and servers.
"Until now, we've been concentrated on the high-performance marketplace,"
said Kevin Fielding, marketing manager of Digital's semiconductor group in
Hudson. "We're now on the brink of this large-volume market where price is a
big factor," he added.
Digital will also unveil another Alpha chip, the 21068, for specialized
industrial uses such as controlling manufacturing equipment or orchestrating
the functions on a laser printer.
The 21066 chip, which will be shipped in volume starting in the first quarter
of next year, will cost $385. It would enable Digital and other manufacturers
to make machines that cost as little as $2,500 to $3,000, Fielding said.
But the new Alpha chip will encounter stiff competition from Intel's Pentium
processor and PowerPC, a chip being made by Apple, IBM and Motorola. What's
more, the Alpha product is riding on the uncertain future of Windows NT, a
high-end operating system that controls a computer's basic operations.
Windows NY began shipping in late July.
"It will take time for Windows NT to gain acceptance," said Linley Gwennap,
editor-in-chief of Microprocessor Report, a Sebastopol, Calif., publication.
Intel, in particular, is ahead in the high-powered chip race, he noted. The
new Alpha chip "won't be selling in Intel kinds of volumes," he said, adding:
"In the contest of Digital and Alpha, it's a big step. But in the context of
the market, it's not going to be an overnight success."
"My whole view of Alpha is that it's about five years too late. From what I
hear, it's an excellent product, but basically the entire workstation is so
overcrowded," said Jay Prakash, principle consultant at Strategic Focus Inc.
in Milpitas, Calif.
Digital's other new microprocessor, the 21068, will cost $221 and also will
start shipping in volume in 1994's first quarter.
In addition to introducing the two new chips, Digital said it is slashing
the price of its original 21064 Alpha chip from $898 to $455. The company
also is introducing a faster version of the 21064 product, at $499.
Digital - Windows NT to ship on the Alpha AXP PC ahead of schedule
{Livewire, Worldwide News, 14-Sep-93}
Digital today announced it will begin shipping worldwide volumes of the
Windows NT operating system preloaded on the DECpc AXP 150 personal computer
next week. This aggressive schedule follows Microsoft Corp.'s initial release
of the operating system by just five weeks.
Digital also announced that over 500 applications from it and from other
software vendors will run on the DECpc AXP 150 personal computer under Windows
NT by the end of 1993, including applications from Borland, Microsoft, Oracle,
Cadre, IBI, Object Design, and Powersoft.
Windows NT brings to customers the high performance and robustness of an
advanced 32-bit operating system with the look and feel of the Microsoft
Windows software interface that is familiar to millions of PC users worldwide.
Digital continues to offer the broadest portfolio of support services to
help customers implement Windows NT solutions. Services include:
o Training and awareness seminars
o Installation and startup services for multivendor systems
o Seven-day, 24-hour telephone advisory services
o Migration services
o LAN design services
o License subscription services
o Media and documentation distribution services
Digital offers the industry's widest range of traditional and professional
services to help customers successfully integrate Windows NT into
enterprise-wide environments. These services are available worldwide across
Alpha AXP, Intel and other leading platforms.
Digital has six years of expertise in supporting Windows technology, more
than five years' experience supporting Microsoft's LAN Manager technology, and
is the largest worldwide provider of Windows NT training, with over 5000
customers trained to date. In addition, Digital is the largest OEM of LAN
Manager in the world.
-----
Microsoft and Windows NT are registered trademarks and Windows is a
trademark of Microsoft Corp. Intel is a trademark of Intel Corp.
<><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><>
For information on how to subscribe to VNS, ordering backissues, contacting
VNS staff members, etc, send a mail to EXPAT::EXPAT with a subject of HELP.
Permission to copy material from this VNS is granted (per DIGITAL PP&P)
provided that the message header for the issue and credit lines for the
VNS correspondent and original source are retained in the copy.
<><><><><><><><> VNS Edition : 2914 Wednesday 15-Sep-1993 <><><><><><><><>
|
92.1506 | | ZENDIA::FERGUSON | Your recipe is so tasty | Wed Sep 15 1993 14:53 | 11 |
| Digital doesn't _generally_ follow the market; in fact, many times, i've
noticed that DEC goes up when the market goes down.
there are methods used to predict stock moves. one guy in the investing
notes file uses on method and predicted that DEC was going to start falling
into october, then come back up... a prediction, worth what ya paid for
it (nothing!).
dec closed @ 40 yestuday, off 1.
|
92.1507 | MSE looking for a few good hackers... | 5314::YOUNG | where is this place in space??? | Wed Sep 15 1993 15:15 | 111 |
| ===========================================================================
SOFTWARE....SENIOR/PRINCIPAL/CONSULTANT/SENIOR CONSULTANT ...ENGINEERS
-----------------------------------------------------------------------------
SOLVE INTEROPERABILITY PROBLEMS ON COMPLEX SYSTEMS/NETWORK ENVIRONMENTS
LARGE SCALE CUSTOMER CONFIGURATIONS
SYSTEMS INTEGRATION ACCOUNT TECHNICAL EXPERT SUPPORT
We are part of Mahendra Patel's Systems Engineering organization, in
support of John Rando's Multivendor Customer Service organization which
is currently the most profitable CBU in Digital.
We are MSE, a new System Engineering unit, managed by Peter van Roekens.
Our engineering activities:
- Interoperability problem analysis/resolution
- Technical consulting to accounts/customers and CBUs in
support of MCS business
- Collaboration with MCS, Product Development, the Field, and other
Engineering organizations to create robust system designs and
prevent problems.
Our work with solution systems entails increasing levels of non-Digital
product content; "MSE" stands for Multivendor System Engineering. We have
a close relationship with the Multivendor Customer Services Business Unit
and provide leadership in establishing the MCS-Engineering connection.
We are currently looking to fill 15 open positions with candidates who
have strong analytical skills to resolve Digital Customer Problems and
provide Consulting. Candidates must also have strong Software/System
design skills and must be knowledgeable in various Digital and non-Digital
system platforms (VMS, Windows-NT, OSF, UNIX, PC operating systems, etc)--
with Senior Engineering -to- Senior Consultant level experience in one or
more of the following general areas:
DATABASE MIDDLEWARE (RDB, ORACLE, SYBASE,...)
VMS/WINDOWS-NT
NETWORKING (E.G. TCP/IP, BRIDGING/ROUTERS/GATEWAYS)
IBM INTERCONNECT
DISTRIBUTED CLIENT/SERVER COMPUTING ENVIRONMENT
DISTRIBUTED BUSINESS APPLICATIONS
ULTRIX/UNIX/OSF
PATHWORKS (INCLUDING NOVELL)
MULTIVENDOR SYSTEM PRODUCTS AND COMPUTING ENVIRONMENTS.
Join our team, and use your expertise in the realworld of multivendor
systems and networks--contributing to a key, strategic Digital initiative:
assisting customers in meeting the challenges of heterogeneous complex
solution systems !
*** WE ARE INTERVIEWING FOR THESE POSITIONS RIGHT NOW ***
SEND YOUR RESUME TO MSE1::JOBS
! RIGHT NOW !
WE ARE LOCATED IN TEWKSBURY, MA (TWO)
*** OPEN HOUSE INVITATION: WEDNESDAY SEPTEMBER 15 ***
Stop by TWO on your way to or from work to attend our OPEN HOUSE and
hear about our organization, the kind of work we do, and the kinds of
talented people we need. You'll learn more about us
and have an opportunity to express your interest in interviewing.
Peter van Roekens will speak about the new MSE group and its mission;
other managers and engineers will be there to talk about the work.
There are two OPEN HOUSE sessions:
9-10 AM and 4-5PM in the Merrimack Conference Room in TWO.
(refreshment will be provided)
If you are interested, but can't make it; please send mail to MSE1::JOBS
|
92.1508 | THIS PISSES ME OFF!!!!!!!!!!! | SALES::GKELLER | be alert, we need more lerts | Thu Oct 07 1993 12:19 | 12 |
| As reproted in today's (10/7/93) Boston Globe...
Bob Palmer has graciously accepted a 20% raise ($750K - 900K) from the
board of directors. However he didn't get any bonuses last year (poor baby
, I think I'll cry for him).
This really diosgusts me, especially since after my last raise I ended up
losing almost 1.5% because they moved my cost center from MKO to MRO and I
had a great review. I don't think I would rate Bob Palmer a 2 or a 1,
maybe a 3 if I were in a good mood (rare at Digital these days) that day.
Geoff
|
92.1509 | | BIODTL::JC | Nothing like a good dose of the Dead | Thu Oct 07 1993 12:36 | 14 |
| I can understand your frustration Geoff. I was kind of disgusted about that
too as I just got a raise (yeah!) but it was no where NEAR 20% !
BUT....
Palmer, when compared to other CEOs, makes pocket change. If Digital believes
that he is the turnaround man, Digital must compensate him well otherwise he'll
be sucked up by some other big company and we'll be left with some bozo for
president. DEC needs Palmer... w/o him, we'll get some 30-yr DEC veteran
with old ideas for president and our stock will head into the single digits.
If Digital is smart, they'll set up a compensation program based on his
success: no success, no money; big success, lots of money.
|
92.1510 | Hmmm | NAC::TRAMP::GRADY | Short arms, and deep pockets... | Thu Oct 07 1993 12:38 | 13 |
| That's a tough one. I do think he deserves most of the credit for
giving us the first profitable quarter in three years - but one quarter
does not make a success story. Still, he did bring us quite a ways.
Unfortunately, it's pretty clear that the trend is in the same
direction, i.e. downsizing and elliminating unprofitable business
units. My guess is that much of Software Engineering is going to
continue to get clobbered as we offload software to third party
vendors, and continue to lay off engineers. I get the distinct
impression that we're going out of the Software business entirely.
tim
|
92.1511 | | MKOTS3::ROBERTS_CR | dust off those rusty strings | Thu Oct 07 1993 15:25 | 3 |
|
sounds like this quarter is in the black, huh?
|
92.1512 | RED | SPOCK::IRONS | | Thu Oct 07 1993 16:09 | 5 |
| I've heard this quarter is going to suck. Just rumour though. Hold
onto your head(count), bad quarter, more layoffs. Like that helps at this
point....
dave
|
92.1513 | | NAC::TRAMP::GRADY | Short arms, and deep pockets... | Thu Oct 07 1993 16:19 | 4 |
| I was talking about Q4. I also heard this quarter was going to suck.
tim
|
92.1514 | | BIODTL::JC | Nothing like a good dose of the Dead | Thu Oct 07 1993 16:34 | 4 |
| It is no surprise that q1 is going to be hurting! after q4 ended, people
were predicting a q1 loss. tradionally, q1 is dec's weakest quarter.
so, who's gonna short dec stock?
|
92.1515 | | AKOCOA::SMITH_D | twenty four and there's so much more | Thu Oct 07 1993 16:51 | 14 |
|
No doubt on the q1 loss
I am in a purchase period right now so the low
stock doesn't really phase me as I did a sellout
when I saw some idiotic internal spending within
the company which influenced me to predict a loss
for q1.
I think q2, especially with the more consumer oriented market
we are entering, could break for some good cashish.... I am
seeing less idiotic spending in q2 although we are only 4
days in! ;-)
|
92.1516 | | NAC::TRAMP::GRADY | Short arms, and deep pockets... | Thu Oct 07 1993 16:59 | 5 |
|
cashish?
;-)
|
92.1517 | | CXDOCS::BARNES | | Thu Oct 07 1993 18:24 | 4 |
| cashish clay...became Mohoomed Ali...remember???? %^)
rfb
|
92.1518 | | NAC::TRAMP::GRADY | Short arms, and deep pockets... | Thu Oct 07 1993 18:25 | 3 |
| :-)
tim
|
92.1519 | | ROCK::FROMM | It's hard to care about a don't care. | Fri Oct 08 1993 04:55 | 8 |
| >Bob Palmer has graciously accepted a 20% raise ($750K - 900K) from the
>board of directors.
that's ridiculous, imo; i got a real good review and ended up with a raise that
was less than the cost of living increase, so essentially i got a pay cut; if
there's not enough money to give me a raise, why is there enough money for him?
- rich
|
92.1520 | | WITNES::MACINTYRE | | Fri Oct 08 1993 11:42 | 17 |
| Two things:
First, Palmer was at the helm as we produced our first profitable
quarter in a couple of years. The only problem is that most of the
profit came from cutting costs. There has been little increase in
actual revenue, no noticable penetration into new markets and even less
progress in increasing market share in our traditional markets. The
cost cutting can only take you so far until you reach the point of
diminishing returns. That's where we are now. Anymore cuts and our
ability to operate will be hampered so much that the decline might be
unstoppable.
Second, Rich are you equating your contribution to the company to be
equal to BP's?
Marv_who_hasn't_had_a_raise_in_a_few_years_and_doesn't_like_it_a_bit
|
92.1521 | | MKOTS3::ROBERTS_CR | dust off those rusty strings | Fri Oct 08 1993 11:54 | 6 |
|
Hey Marv,
You're working too close to the action down there :-)
|
92.1522 | Digital = Overhead City | BIODTL::JC | Nothing like a good dose of the Dead | Fri Oct 08 1993 12:16 | 25 |
| re <<< Note 92.1520 by WITNES::MACINTYRE >>>
>Anymore cuts and our
>ability to operate will be hampered so much that the decline might be
>unstoppable.
I strongly disagree with this. Management in this company is still
extremely bloated and self-serving. I look at my own organization and i can
see many, many more mgrs then needed. but, when the layoff mon comes around
again, they'll be looking for the engineers, not the mgrs. once again,
mgmt self-serves itself leaving engineers to fend for themselves. i can't
speak for your organization, but i know/live/see it right here in my org.
it is pretty sickening, to tell you the truth, espec. since our success is
determined by the success of our products, which boils down to how much
our team can put out. we have one mgr that managed (ha!) to escape all the
layoffs. he has ZERO direct reports, and as near as i can tell, he doesn't
do a whole lot. case and point!
re: rich
read my comments on this a few back... and, i second marv's comment on
this too...
|
92.1523 | | WITNES::MACINTYRE | | Fri Oct 08 1993 13:06 | 10 |
| jc,
My (w)hole speil concerned operating expense cuts, ie. stationary,
travel, phone usage, mileage, equipment, software... You are absolutely
right in that our management ranks are bloated and need to be brought
to realistic levels.
Marv
|
92.1524 | | ROCK::FROMM | It's hard to care about a don't care. | Fri Oct 08 1993 13:26 | 12 |
| > Second, Rich are you equating your contribution to the company to be
> equal to BP's?
no, i am not; and that's why i don't make nearly as much money as he does; each
of our measures of performance should be how well we performed relative to our
position and what was expected of us; i feel that i performed well for my
position, yet my raise did not reflect that; i feel that bob palmer's raise was
out of line for his performance based on his position; yes, the company is
doing better, but until we "really" return to profitability (i.e. on a
consistent basis), i do not feel that he is justified a 20% raise
- rich
|
92.1525 | frequently optomistic... | QUARRY::petert | rigidly defined areas of doubt and uncertainty | Fri Oct 08 1993 13:53 | 14 |
| Hmmm, I recently got a 3.4% raise that I wasn't expecting. Thanked my manager
the next day and he asked "You did? Did anyone tell you about it?" Uh, nooo.
This wasn't expected or necessarily tied to a review because I've never
had a review! We're kind of over worked and understaffed. As a matter of
fact, I think the last review that I did have, was back at Prime Computer,
two jobs ago. There are many others in my group who are late for
their reviews also, but having been here only 1.5 years or so, I'm not as
behind in a review as others are!
But I'm not complaining. My wife did a little bit when I mentioned the
percentage, but since it was the first raise I had in about two years,
I didn't grumble. I'm just happy to be still working.
PeterT
|
92.1526 | | ROCK::FROMM | It's hard to care about a don't care. | Fri Oct 08 1993 14:15 | 14 |
| >But I'm not complaining.
i'm not trying to complain too much; in fact, as far as i'm concerned, the
money that i am making seems like quite a lot to me, and it is more than enough
for me to get by comfortably (but that's because i'm single - i strongly doubt
that i'd have such an easy time if i had a family to support on my salary);
and i don't mind not getting much of a raise, because i can accept the fact
that there's just not much money to go around, the main concern is getting the
company back to profitability, and that i should be thankful that i still have
a job; however, if i am willing to wait until the company is doing better
before i get a decent raise, then bob palmer should be willing to wait just
as long
- rich
|
92.1527 | supply and demand mon! | BIODTL::JC | Nothing like a good dose of the Dead | Fri Oct 08 1993 16:48 | 34 |
| re <<< Note 92.1526 by ROCK::FROMM "It's hard to care about a don't care." >>>
>a job; however, if i am willing to wait until the company is doing better
>before i get a decent raise, then bob palmer should be willing to wait just
>as long
rich, it is a matter of supply and demand mon. if you got offered a job
making $65,000 you'd probably take it, given it was something you wanted to
do. I know that if i was offered something in software engineering for
$65k, i'd take it! BUT, there aren't many companies that are willing to
compensate us little guys like that!
palmer is leading one of the largest companies in the country. he was only
(and i mean only) being paid $750k. compared to CEO's of other large
companies, he's making a little bit more then pocket change. perhaps the
BOD here at DEC fears that they could lose a guy like palmer to another
company that might be willing to pay him 2x his current salary. kinda like
DEC might lose you if you had the right offer. so, they cover themselves
by bringing his salary more inline with what the industry averages are.
just last year, most software engineering job codes were leveraged in the
raise dept by 2%... that's 2% more than everyone else in the company! why?
because the average salary for s/w engineers was higher then DEC was paying
and DEC was 1) not attracting new engineers and 2) losing good engineers
to companies willing to pay $20k more...
again, while i don't agree with the 20% raise, it probably makes good
business sense to make palmer happy before he's snapped up by another
company that is willing to pay him $2,000,000 for a similar job.... i'm
sure if all of a sudden, Alpha hardware engineer's were making lots and lots
more outside, DEC would move swiftly to protect its position and retain its
engineers...
|
92.1528 | The beatings will continue until morale improves | SALES::GKELLER | be alert, we need more lerts | Mon Oct 11 1993 11:58 | 24 |
| > <<< Note 92.1520 by WITNES::MACINTYRE >>>
>
> First, Palmer was at the helm as we produced our first profitable
> quarter in a couple of years. The only problem is that most of the
> profit came from cutting costs. There has been little increase in
Actually, most of the profits came from taking Q1 '94 certs and pushing
them back into Q4 '93. One of the reasons that Q1 will make a big
electrolux noise when the numbers come out this week.
> Second, Rich are you equating your contribution to the company to be
> equal to BP's?
I would say that Rich and most of the other individual contributors give as
much or more to the company's growth than BP or any one of the other 10K
VPs you might hit if you threw a rock. Without the I.C.s this or any other
company is nowhere and the sooner upper level management realizes this the
sooner we'll return to profitability.
PLEASE EVERYONE REMEMBER THAT THE BEATINGS WILL CONTINUE UNTIL MORALE
IMPROVES!!!
Geoff
|
92.1529 | if I were as important as BP, i'd get paid $900k too! | BIODTL::JC | Nothing like a good dose of the Dead | Mon Oct 11 1993 12:05 | 17 |
| re <<< Note 92.1528 by SALES::GKELLER "be alert, we need more lerts" >>>
-< The beatings will continue until morale improves >-
>I would say that Rich and most of the other individual contributors give as
>much or more to the company's growth than BP or any one of the other 10K
>VPs you might hit if you threw a rock. Without the I.C.s this or any other
>company is nowhere and the sooner upper level management realizes this the
>sooner we'll return to profitability.
Geoff,
If BP is like any other CEO of a big or even small company, he probably lives,
eats, dreams, sleeps DIGITAL. Now, I know I personally do not do this; perhaps
some of ya do, but I don't see many around my office here past 7pm and rarely
on the weekends. BP probably spends most of his awakened hours doing DIGITAL
things... like any other CEO...
|
92.1530 | 2 c. | CSCMA::M_PECKAR | that would be something | Mon Oct 11 1993 12:23 | 6 |
|
Regardless of whether Palmer deserved it or not (and that's up to the
Board, not us peons), it was a bad move given the stock still hovers under
$40/share and next quarter promises to be abyssmal. They should have given
him options instead, then the rank and file and press wouldn't even had
winked an eye...
|
92.1531 | | SALES::GKELLER | be alert, we need more lerts | Mon Oct 11 1993 12:37 | 29 |
| > <<< Note 92.1529 by BIODTL::JC "Nothing like a good dose of the Dead" >>>
> -< if I were as important as BP, i'd get paid $900k too! >-
>Geoff,
>
>If BP is like any other CEO of a big or even small company, he probably lives,
>eats, dreams, sleeps DIGITAL. Now, I know I personally do not do this; perhaps
>some of ya do, but I don't see many around my office here past 7pm and rarely
>on the weekends. BP probably spends most of his awakened hours doing DIGITAL
>things... like any other CEO...
This may be true, his choice. I don't eat sleep and dream of Digital, but
I do spend many days here before 7a and after 7p, especially since they
have cut us to the bone and I am doing the jobs of 6 - 10 people and not
even getting paid for one.
If Bob were really concerned about the state of the employees morale he
would have done what Iacocca(sp?) did and refuse the raise until the
company was back in the black for real and not just with smoke and mirrors.
I had thought morale was low before last week but it is getting worse. I
saw people who wanted to burn the globe picture of Palmer because they were
so upset.
You can stand up for him as much as you want, and maybe he does deserve
more money than he was making (if the company were profitable), but his
acceptance of that raise reduced my already low opinion of the man.
Geoff
|
92.1532 | | ONE900::HUGHES | Samurai Couch Potato | Mon Oct 11 1993 16:32 | 15 |
| re .-1
>I had thought morale was low before last week but it is getting worse. I
>saw people who wanted to burn the globe picture of Palmer because they were
>so upset.
Yesterday's Glob (Sunday) had a big article on corporate 'downsizing' and the
effects it was having on the survivers. A Digital spokesthing was quoted as
saying that Digital has no morale problem.
This is apparently some new usage of the term 'morale problem' with which I was
previously unfamiliar.
share and enjoy
|
92.1533 | problem ? | SLOHAN::FIELDS | Strange Brew | Mon Oct 11 1993 16:51 | 2 |
| yup no problem at all with morale...funny how they didn't ask if it
were bad or good though :'?
|
92.1534 | I have a moreale problem | CXDOCS::BARNES | | Mon Oct 11 1993 16:55 | 2 |
| well I for one think we do have a moreale problem....I think we all
need more ale!!! I had a bunch this last weekend and it helped me alot!
|
92.1535 | | NRSTA2::CLARK | zzzzzzzzzzzzz huh? ... zzzzzzzzzzzzzz | Mon Oct 11 1993 17:12 | 3 |
| :^)
-dc-who-had-moreale-at-Debess'-ouch-my-head
|
92.1536 | | SPOCK::IRONS | | Tue Oct 12 1993 15:18 | 5 |
| Nevermind moreale, how bout morestout! Had Guiness on tap at the
Celtic Pub in Pawtucket, RI friday. My morale was ok the next day, but
my body had a problem! :^)
dave
|
92.1537 | ;^) | AWECIM::RUSSO | claimin! | Tue Oct 12 1993 16:20 | 6 |
|
Two "n" in Guinness, please!!!
Thank you,
The Stout Police
|
92.1538 | more alpha news | STRATA::DWEST | reality is not... | Wed Oct 13 1993 01:18 | 234 |
| From: SCOMAN::PROPER "12-Oct-1993 0407" 12-OCT-1993 04:13:40.21
To: @SITEMAIL.DIS
CC:
Subj: SITEMAIL: LCA Announcement
+---------------------------+ TM
| | | | | | | |
| d | i | g | i | t | a | l | I n t e r o f f i c e M e m o
| | | | | | | |
+---------------------------+
To: SCO Employees Date: 11 October 1993
From: Ed Caldwell
Dept: Semiconductor Operations
Ext: 225-5036
L/MS: HL02-2/M12
Node: SHARE::CALDWELL
Subject: LCA Announcement
On September 10, Digital announced two highly integrated Alpha AXP
microprocessors, the DECchip 21066 and the DECchip 21068 -- known to
most of you as LCA. In the process, we spoke with the business
press, trade press, industry analysts and financial analysts on the East
and West coasts. I wanted to share with you some of the very positive
feedback from the announcement.
Congratulations to all of you in SCO who participated in the design,
engineering, and marketing of these new chips.
Regards,
Ed Caldwell
***************************************************************************
BUSINESS/INDUSTRY PRESS:
DIGITAL EQUIPMENT CORP. TO UNVEIL PC CHIP TODAY
"Digital Equipment Corp today will unveil a personal computer
chip that the company says delivers more processing power at a
lower price than rival chips from Intel Corp. or Motorola Inc.
Linley Gwennap, editor of Microprocessor Report, an
industry newsletter, called the new chip 'aggressively priced, with
more speed than Pentium at around half the price.'"
---The Wall Street Journal
DIGITAL INTRODUCTING ITS ALHA CHIP FOR LOWER-COST PCs
"Looking to expand the reach of its Alpha AXP microprocessors, Digital
Equipment Corp. plans today to introduce a version of the chip for
lower-cost personal computers..."
---Boston Globe
DIGITAL TO LAUNCH BARGAIN CHIPS
"With each chip selling for $385 in bulk shipment, the new Alpha
could be the heart of PCs with workstation power but priced as
low as $2,500, the price of many far less powerful machines"
Linley Gwennap, editor of Microprocessor Report, said
'that price allows Alpha PCs to undercut those with Intel's
much ballyhooed Pentium."
---Boston Herald
DEC's OPENING ROUNDS IN A RISC PRICE WAR
"On Sept. 10, Digital Equipment is expected to slash prices on
its Alpha RISC chips and release new, even cheaper versions.
By pricing its PC version of the Alpha chip some 50% below Intel's
cheapest Pentium processor, DEC hopes PC makers will finally split
from Intel."
---Business Week
DEC TO LOWER ALPHA CHIP PRICES
"'We're very impressed with the design of Digital's 066 as well as its
existing 064. The pricing and high level of integration will enable
us to offer our OEM's an opportunity to create systems prices in the
$2,500 to $3,500 range,' said Rod Frye, vice chairman of
California- based motherboard designer and manufacturer Carrera
Computers.
'We have created a new generation of computers based on
Digital's AXP RISC microprocessor family. Digital's support for
the PCI standard and Windows NT were critical factors in designing
with the AXP. We intend to ship the new system by Q1'94,' said
Paul Gibbs, president of Alton, N.H.- based Shannon Computers Inc.
'If they can lower the price enough, and are operating at
3.3 volts, then that's a significant improvement,' in Alpha's
ability to compare with Intel's Pentium, said Tony Massimini,
microprocessor analyst at In-Stat Inc., Scottsdale Ariz."
---Computer Reseller News
DIGITAL READYING LOWER-COST ALPHA CHIP
"'The $3,000 level is the PC mentality, while $7000 is the workstation
mentality," noted Steve Ruger, MIS manager at Smith Industries Ltd.
'Digital had to go high-end at first to get attention, but now they
have to turn the whole thing around into a cost-based
strategy,' [Linley] Gwennap said."
---Computerworld Sept. 6, 1993
DIGITAL'S ALPHA DOES WINDOWS
---Computerworld Sept. 13, 1993
LOW-COST AXP CHIP SAMPLING TO PC VENDORS
"Digital Equipment Corp., hoping to spread the gospel of Alpha AXP
into the Windows NT desktop computing market, has begun sampling its
long awaited DECchip 21066 low-cost Alpha microprocessor."
---Digital News & Review
DEC HOPES ALPHA WILL BE MULTIGENERATIONAL
"'The new Alpha Chip has a lot of attractive features and will set a
new standard for price/performance among high-end PCs,' said Linley
Gwennap, an analyst with Micro Design Resources, Sebastopol, Calif.
'I think it's reasonable that they could get anywhere from 10% to
20% of the Windows NT market in the next few years,'" Gwennap said
--- Electronic Buyers News
DIGITAL'S ALPHA TAKES ON THE DESKTOP
"Digital Equipment Corp served notice last week that its growing
presence in RISC CPUs will not be confined to the server
market"
---EE Times
DEC UNVILES TWO ALPHAS IN PCI, EMBEDDED DRIVE
"...the moves could give Alpha some of the much needed volume DEC
craves for its high performance RISC architecture.
'By putting PCI directly on the Alpha processor,' Mr. Bauch said
DEC's customers can 'build desktop systems and PCs in a way
competitive to anyone.'"
---Electronic News
DEC WOOS CLONEMAKERS TO ALPHA
"The $385 DECchip 21066 makes it possible for hardware
manufacturers to develop high-performing PCs priced between $2,500
and $3,000."
---Information Week
DIGITAL'S ALPHA CHIP LURIND TOP PC MAKERS
"PC manufacturers are being enticed into Digital Equipment Corp's
Alpha camp with a highly integrated version of the chip that eases
the design process. Digital is also able to offer a much higher
level of performance than is available with Intel Corp's
Pentium."
--- InfoWorld
DEC PUSHES LOW-COST ALPHA AXP CHIPS FOR BUILDING NT SYSTEMS
"By rolling out a low-cost integrated version of its Alpha AXP
microprocessor, Digital Equipment Corp. is hoping to encourage more PC
makers to build Alpha-based systems for Windows NT.
...the new chip offers less performance than the original Alpha
AXP, it is much faster than Intel Corp's Pentium processor.
--- PCWEEK
BROADCAST/WIRE SERVICES:
"The computer maker [Digital] introduced two new microprocessors for
desktop personal computers. The chips are cheaper than their rivals."
---CNBC-TV - Business Tonight
"The company [Digital] has introduced a new version of its Alpha chip,
priced lower than its rivals. Analysts say that could help DEC break
into the mass market for personal computer microprocessors."
---CNBC-TV - The Money Wheel
"Linley Gwennap, editor of Microprocessor Report, an industry
newsletter, called the new chip 'Aggressively priced, with more
speed than Pentium at around half the price.'"
---Dow Jones
"The company [Digital] introduced its new Alpha AXP microprocessors
today, and apparently the reception was warm."
---PBS-TV - Nightly Business Report
"Digital has introduced a version of its Alpha chips that are cheaper
than its rivals, which could help the company break into the mass
market for PC microprocessors."
---WBBR -AM Radio New York City
"Digital Equipment said a 166 megahertz AXP architecture
microprocessor will be available in the first quarter of 1994;
$385 per chip."
---WCIU-TV (Chicago) Stock Market
Observer
ANALYST REPORTS:
ALPHA HITS LOW END WITH DIGITAL 21066
--Microprocessor Report -Sept. 13, 1993
"Digital's 21066 microprocessor will significantly reduce the cost
of Alpha systems while keeping much of Alpha's vaunted performance...
The new processor could enable vendors to cut the price of
Alpha PCs to around $3,000...thus, the cost of a 21066-based PC
should be close to that of a 486DX2, assuming similar volumes and
sales channels. Many vendors sell DX2 systems today for
$2,000-$3,000...
The 21066 is the first microprocessor to integrate a PCI
interface. This is somewhat ironic, as PCI was developed by rival
processor vendor Intel. The X86 vendor has talked about integrating
PCI onto its processors at some future time, but Digital has
beaten them to it...
Instant PC - Just Add Memory
The 21066 greatly simplifies the design of an Alpha based system. It
eliminates the need for a system-logic chip set and supplies popular
PC interfaces, allowing a system designer to treat the Alpha
processor much like an x86 chip set...
The 21066 again demonstrates Digital's technology leadership.
It is the first microprocessor with a PCI interface, and the first
to offer such a complete level of system integration..."
CUSTOMER SUPPORT:
"Digital's new DECchip 21066 significantly raises the price
performance bar for microprocessors," said Thomas Chen, president,
Elitegroup, one of Taiwan's largest motherboard manufacturers.
"The price performance leadership of Alpha AXP combined with PCI
provides the Windows NT market with a solid platform for high
performance servers and desktop systems. We plan on providing a
family of PCI motherboards based on Digital's Alpha AXP
microprocessors."
"With the announcement of the DECchip 21066, Digital has outstanding
price performance and the right level of integration for the PC
market," said K.C., Hyun, president , Modern Instrument, a Korean
producer of motherboards. "We found the performance leadership of
the Alpha AXP microprocessor family, coupled with Digital's commitment
to Windows NT, a highly compelling argument for the Alpha architecture.
A motherboard based on the DECchip 21066 will be unveiled at Fall
Comdex."
"Today's announcement of the DECchip 21066 and DECchip 21068
illustrates Digital's strong commitment to the Alpha architecture.
We are confident in our partnership with Digital and the strength
of Digital's Alpha technology," said Michael Pierce, chief executive,
Mentec Limited, Ireland's largest computer manufacturer. Mentec, a
Digital technical OEM for 15 years, recently announced a $5 million
Alpha AXP based development program targeting the embedded market.
|
92.1539 | CBU's merged | SALES::GKELLER | be alert, we need more lerts | Wed Oct 13 1993 13:45 | 41 |
| )0 [;1mWorldwide News [m[13C LIVE WIRE
qqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqq
[;1mDigital combines CBUs with Worldwide Sales ... [m Date: 13-Oct-1993
qqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqq
[62CPage 1 of 1
[7m Digital combines CBUs with Worldwide Sales and Marketing [m
Digital will combine its five Customer Business Units (CBUs)
with the Worldwide Sales and Marketing organziation and unify
management responsibility under Ed Lucente, vice president, Worldwide
Sales and Marketing, President Bob Palmer announced today.
The CBUs are organized around specific industry market segments.
They focus on understanding customer needs, on defining product and
service solutions with Digital's engineering and independent business
partners, and on industry-specific marketing programs and sales
training. They continue to be part of a broad initiative to rebuild
and strengthen Digital's ability to relate to customers.
The five CBUs that will be integrated with Worldwide Sales and
Marketing and their respective vice presidents are:
Communication, Education and Media, headed by Paul Kozlowski;
Consumer, Process and Transportation, headed by John Klein;
Discrete Manufacturing and Defense, headed by Frank McCabe;
Financial, Professional and Public Service, headed by Bruce
Ryan; and
Health Industries, headed by Willow Shire.
The CBU vice presidents will continue as members of the Senior
Leadership Team. CBU teams in the field will report to sales
management and take guidance as appropriate from CBU management. The
changes are effective immediately.
"These business units and our Worldwide Sales and Marketing
organization are dependent on each other and serve as a critical
resource in Digital's drive to achieve success through customer
satisfaction," Bob said. "Uniting these responsibilities into one
worldwide organization shortens the cycle between understanding
customer needs and delivering Digital products, services and solutions.
It moves us closer to our customers, simplifies customer relationships
and builds greater business efficiencies for Digital worldwide."
FOR DIGITAL INTERNAL USE ONLY
|
92.1540 | | E::EVANS | | Wed Oct 13 1993 19:20 | 5 |
| I've heard that now that Palmer has his raise, that the rest of us are going
to get a freeze on pay increases. Go figure.
Jim
|
92.1541 | | BIODTL::JC | Nothing like a good dose of the Dead | Wed Oct 13 1993 19:21 | 8 |
| Stock is off 2 1/8.
I heard bad bad bad results fo q1.
my guess: stock will bottom out at 29.
|
92.1542 | | BIODTL::JC | Nothing like a good dose of the Dead | Wed Oct 13 1993 19:22 | 8 |
| re <<< Note 92.1540 by E::EVANS >>>
>I've heard that now that Palmer has his raise, that the rest of us are going
>to get a freeze on pay increases. Go figure.
where'dya hear this one?
this is definitely a hot issue!
|
92.1543 | bad news come our way today? | MKOTS3::ROBERTS_CR | dust off those rusty strings | Thu Oct 14 1993 12:07 | 4 |
|
Those quarterty results should be hitting soon - as least the w.a.g's
|
92.1544 | | BIODTL::JC | Nothing like a good dose of the Dead | Thu Oct 14 1993 13:41 | 9 |
| re: carol
i heard the result will be out next week... about weds/thurs.
i also heard that revenues at 5% below "normal"
one thing, traditionally, q1 is weak for dec, so i believe "they" (wall st.)
is expecting some losses, but they'll punish our stock if they are more then
predicted....
|
92.1545 | Gloom time is here | POWDML::MACINTYRE | | Thu Oct 14 1993 15:49 | 6 |
| My prediction is a loss in the area of $100-$200 million.
More layoffs, too.
Marv
|
92.1546 | | TERAPN::PHYLLIS | in the shadow of the moon | Thu Oct 14 1993 17:09 | 9 |
|
Definately more layoffs. Now that the CBUs work for Lucente, all the
marketing groups and management staff and whatever that are at CBU
level (not the field groups) will probably be hit hard.
Rumors are definately for a loss. Even with the 100M that was held
back from Q4.
|
92.1547 | rumors... | BIODTL::JC | Nothing like a good dose of the Dead | Fri Oct 15 1993 12:06 | 5 |
| European forcasts vs. results are 30% off!
Heads will surely roll after this one... thousands of heads (i heard 15-20k).
work on that resume!! :-)
|
92.1548 | | NRSTA2::PHISH::clark | Can you picture what will be? | Fri Oct 15 1993 12:15 | 6 |
| Nah, let's all form a commune!
The Holy Spiritual Everlasting Perpetual Church of the Former Digital
Deadheads!
- dc
|
92.1549 | | NAC::TRAMP::GRADY | Short arms, and deep pockets... | Fri Oct 15 1993 13:49 | 7 |
| Speaking of jobs...
My group still has two open req's, one of them a college new-hire, and both
ok for outside hiring. We also have three slots for contractors....we're
looking...
tim
|
92.1550 | Swami dc's enlightened hoard | POWDML::MACINTYRE | | Fri Oct 15 1993 15:56 | 10 |
| I like the commune idea. In addition to slapping hogs and tilling the
soil, we could set up a software and business consulting company.
Since they both involve tossing it, I'll handle manure distribution and
PR.
:-)
Marv
|
92.1551 | | NRSTA2::PHISH::clark | Can you picture what will be? | Fri Oct 15 1993 15:58 | 3 |
| No porcine abuse on my commune!
- Moonflower
|
92.1552 | | BIODTL::JC | Nothing like a good dose of the Dead | Fri Oct 15 1993 16:16 | 5 |
| We're also looking to fill a req. here. You'll get to play w/ NT.
we're looking for someone who has strong PC programming/design experience,
NT experience, programming client-server apps, etc. if you're interested,
send me mail.
|
92.1553 | ;-) | QUARRY::petert | rigidly defined areas of doubt and uncertainty | Fri Oct 15 1993 16:37 | 5 |
| > No porcine abuse on my commune!
Did I hear somebody mention pig-man?!
PeterT
|
92.1554 | | TERAPN::PHYLLIS | in the shadow of the moon | Fri Oct 15 1993 16:54 | 4 |
|
better call Kramer!
|
92.1555 | | SALEM::BURNS | how's 'bout a war on violence! | Fri Oct 15 1993 17:45 | 1 |
| no, but I did get a *perfect* parking spot this am :^)
|
92.1556 | | BINKLY::DEMARSE | Inspiration, move me brightly... | Fri Oct 15 1993 17:53 | 4 |
| :-)
I'm looking for a moil.....
|
92.1557 | | TERAPN::PHYLLIS | in the shadow of the moon | Fri Oct 15 1993 18:00 | 8 |
|
> I'm looking for a moil.....
well no wonder you had trouble finding one in the yellow pages. try
moyel.
:-)
|
92.1558 | | ISLNDS::CONNORS_M | | Fri Oct 15 1993 18:14 | 5 |
|
I'm looking for a nice face... ya know... with a little
*personality*...
|
92.1559 | | JUPITR::OCONNORS | | Fri Oct 15 1993 18:28 | 5 |
|
RE: commune.......can we spin??
:-)
Sean
|
92.1560 | | POWDML::MACINTYRE | | Fri Oct 15 1993 18:49 | 10 |
| re .1557
How much do moyel's get paid?
Do they get tips?
:-)
Marv
|
92.1561 | $200 for a little Personality | TRETOP::SAMILJAN | | Fri Oct 15 1993 19:13 | 9 |
| Actually, the going rate for a moyel's (or mohel's) services is $200 or
$250 in the Boston area. At least it was about 3 years ago when my son
was born.
Not bad: $200 for a little personality.
And yes, Marv, they get plenty of tips.
Bud
|
92.1562 | | CSCMA::M_PECKAR | that would be something | Fri Oct 15 1993 19:18 | 2 |
|
I thought it was Moyle. It really doesn't matter since its all transliterated.
|
92.1563 | | CSCMA::M_PECKAR | that would be something | Fri Oct 15 1993 19:20 | 4 |
| RE" <<< Note 92.1549 by NAC::TRAMP::GRADY "Short arms, and deep pockets..." >>>
I'm learning tcp/ip as fast as I can, Tim, hang on a few more weeks! :-)
|
92.1564 | | AWECIM::RUSSO | claimin! | Fri Oct 15 1993 19:44 | 3 |
|
Pigman!!!! Pigman Jerry!!!!!
|
92.1565 | ;^) | AWECIM::RUSSO | claimin! | Fri Oct 15 1993 19:45 | 6 |
|
>>NT experience
NT experience? Experience in vapor-ware?
Hogan
|
92.1566 | OPSYS wars? :-) | NECSC::LEVY | Predestined to believe in free will | Fri Oct 15 1993 22:41 | 11 |
| Oh boy...here we go!
I'm using Windows NT at home and learning as much as I can about it.
Sure is well built for what is effectively a V1.0 operating system.
Anyone remember what early versions of VMS were like to work on?
:-)
dave
|
92.1567 | | BIODTL::JC | Nothing like a good dose of the Dead | Mon Oct 18 1993 12:41 | 15 |
| re <<< Note 92.1566 by NECSC::LEVY "Predestined to believe in free will" >>>
-< OPSYS wars? :-) >-
> Anyone remember what early versions of VMS were like to work on?
well, as one who was involved in working on a secure opsys on time in my
career, i remember the earlier version of vms having quite a few security
holes, that is, ways a non-privd user could gain all privs he/she wanted...
as vms evolved, those holes went away...
i'm fairly impressed w/ NT - it is pretty stable for a v1 opsys, i think
anyways... the only time it crashes is when you yank the thinwire cable out
from the back of the system... also, i think nt has memory leaks. if i stay
logged in for a week or so, the system slowly grinds to a near useless state.
something has memory leaks - maybe it is one of the apps i'm using.
|
92.1568 | sounds a bit green to me... | NAC::TRAMP::GRADY | Short arms, and deep pockets... | Mon Oct 18 1993 13:21 | 19 |
| >the only time it crashes is when you yank the thinwire cable out
>from the back of the system...
...as a former operating system developer, IMHO that's a serious bug...
>also, i think nt has memory leaks. if i stay
>logged in for a week or so, the system slowly grinds to a near useless state.
>something has memory leaks - maybe it is one of the apps i'm using.
Anytime an unprivileged application has the effect of rendering an operating
system useless, that is also an operating system bug...
That's not to say NT is a poor product - I haven't used it yet, so I can't
judge, and these two issues aren't at all surprising for a v1.0 release.
It's just not very impressive, if yanking the ethernet cable crashes the
system.
tim
|
92.1569 | | BIODTL::JC | Nothing like a good dose of the Dead | Mon Oct 18 1993 16:22 | 14 |
| re <<< Note 92.1568 by NAC::TRAMP::GRADY "Short arms, and deep pockets..." >>>
-< sounds a bit green to me... >-
>...as a former operating system developer, IMHO that's a serious bug...
I don't think it is that serious. I mean, how often would you, in a normal
production environment, be yanking the thinwire cable? for me, a developer
who's always moving systems around, it isn't even that often... yeah, it is
a bad bug and all, but the workaround is pretty simple: power-down then
unplug! i have 2 nt systems (one adv server, one just nt) and they've never
crashed for anything other then the thinwire thing. to me, that is
impressive for a v1. opsys. probably yards better then most of Digital's
V1 efforts of comparible size!
|
92.1570 | | LANDO::HAPGOOD | Java Java HEY! | Mon Oct 18 1993 18:02 | 15 |
| Here's my 2 cents!
re: NT crashing when enet cable is removed....
If it was a diskless client I'd expect something like that behaviour (or
at least a "server not responding msg" while it sat there hung). If it was a
standalone machine I wouldn't expect a crash (why? because it's standalone..)
DEC's OSF/1 operating system is in EXCELLENT shape for a first version OS.
Really! (actually the current shipping rev is the 2nd version maint release
but my comment applies to both the first and maint. release).
just thought I'd add in to the discussion....
bob
|
92.1571 | Fixed in patch release | NECSC::LEVY | Predestined to believe in free will | Mon Oct 18 1993 18:42 | 21 |
| The bug with the Windows NT crash on removal of the Ethernet cable is fixed in
the patch release announced last week (brings the intel build 511 system up to
build 528 - same as the Alpha AXP release).
>If it was a standalone machine I wouldn't expect a crash (why? because it's
>standalone..)
Standalone is a relative term when you talk about Windows NT. The network is so
integral to the operating environment that you may not know on what machine the
resource you're using actually exists.
>DEC's OSF/1 operating system is in EXCELLENT shape for a first version OS.
>Really! (actually the current shipping rev is the 2nd version maint release
>but my comment applies to both the first and maint. release).
You mean Digital's OSF/1, right? :-) The problem with this is that we've
chosen to completely cut off our MIPS customers and given them no migration
path...other than buy AXP. Not very friendly.
dave
|
92.1572 | chipping in | CSCMA::M_PECKAR | that would be something | Mon Oct 18 1993 18:51 | 9 |
|
>You mean Digital's OSF/1, right? :-) The problem with this is that we've
>chosen to completely cut off our MIPS customers and given them no migration
>path...other than buy AXP. Not very friendly.
Yes, that was a rather riscy decision.
:-)
|
92.1573 | | AKOCOA::SMITH_D | twenty four and there's so much more | Mon Oct 18 1993 18:56 | 4 |
|
Purposly putting our Customers in that position is a rather
bizzare and rude gesture...perhaps they'll never come back!
Maybe thats what they want??????????
|
92.1574 | Give us a couple dozen more engineers and maybe... | QUARRY::petert | rigidly defined areas of doubt and uncertainty | Mon Oct 18 1993 20:00 | 10 |
| Yeah, it does kind of suck to drop the OSF/1 support on Mips, but...
Being an OSF/1 developer, I can state quite simply that we don't have
the resources to do both an Alpha AXP and a Mips development for
OSF/1. Downsizing took care of that pretty definitively. I believe that
the official word though is kindo of mum on Mips development. First
we said "Can't do it!" Customer's complained, then we said "Oh, OK, we
can do it." But no schedule was ever developed for doing it, so....
PeterT
|
92.1575 | | CXDOCS::BARNES | | Tue Oct 19 1993 14:36 | 8 |
| note 2715 (i think) in the DIGITAL notesfile is a scream....seems MRO
had some bushes sculped into DEC (ala walt disney) and with Palmers
insistance we are DIGITAL and not DEC, the bushes had to be cut down!
now there's what i call deadwood removal. !!!
rfb
|
92.1576 | | MKOTS3::JOLLIMORE | The Seasons in between | Tue Oct 19 1993 15:14 | 5 |
| it's Note 2719 and the bushes were at MKO.
They'd been there for quite a while.
I hope no one takes the axe to my DECstation 8-\
Jay
|
92.1577 | | TERAPN::PHYLLIS | in the shadow of the moon | Tue Oct 19 1993 16:00 | 6 |
|
are we going to stop selling DECmove?
and DECtrade?
and DECbank?
|
92.1578 | | CXDOCS::BARNES | | Tue Oct 19 1993 16:15 | 4 |
| I knew I had the note and the location wrong when i typed that
in...sorry
rfb- misinformation specialist andnever been to NewEngland
|
92.1579 | | MKOTS3::JOLLIMORE | The Seasons in between | Tue Oct 19 1993 17:59 | 3 |
| you were close on both counts, rfb.
close enough anyway ;-)
|
92.1580 | | CSCMA::M_PECKAR | that would be something | Tue Oct 19 1993 19:45 | 2 |
|
Well, it would be just fine by me if DECnet were discontinued...
|
92.1581 | Q1 INFO....not good but is it really that bad ? | SLOHAN::FIELDS | Strange Brew | Wed Oct 20 1993 11:20 | 197 |
| <<< SUBWAY::DISK$LIB:[NOTES$LIBRARY]DIGITAL_INVESTING.NOTE;1
>>>
-< Digital Investing >-
================================================================================
Note 196.2 Date for Earnings Announcement?
2 of 2
KOALA::BOUCHARD "The enemy is wise" 209 lines
20-OCT-1993 08:10
-< Q1 Results >-
--------------------------------------------------------------------------------
Digital reports first quarter operating results
Digital today reported results for its first quarter, which
ended
Oct. 2, 1993.
For the quarter, the corporation reported a net loss of
$83,185,000 or 62 cents per share, compared with a loss of
$260,546,000 or $2.04 per share for the first quarter a year ago.
The
loss for the first quarter of fiscal 1994 includes a one-time
benefit
of $20,042,000, or 14 cents per share, related to the adoption of a
change in accounting principle for income taxes. For the quarter,
Digital reported total operating revenues of $3,014,948,000, down
from
$3,314,299,000 for the comparable quarter a year ago.
Digital President and Chief Executive Officer Bob Palmer
commented, "We reduced the operating loss in the quarter by more
than
$162,000,000 compared with the first quarter of last year through
continued focus on cost controls. Even so, we were disappointed by
the revenue declines from last year. The revenue decline in the
seasonally soft September quarter was attributable primarily to
continued
weakness in Europe -- Germany and Italy in particular -- as well as
negative effects of foreign currency fluctuations. A slight decline
in
the U.S. also hurt us. Our operations in Asia continued to show
good
growth, both in products and services, but not enough to offset
declines
in other areas."
"Our focus for this fiscal year remains unchanged," Bob added.
"We are committed to improving profitability while successfully
growing
the Alpha AXP business."
Bill Steul, chief financial officer, said, "For the fourth
consecutive quarter we showed improving operating results over the
comparable period of the prior year, driven by a strong emphasis on
cost controls and improved efficiency. The effects of the company's
restructuring program are on schedule. As a result, research and
engineering spending declined 22% or $90,760,000 and selling,
general
and administrative spending was down 23%, or $258,980,000 versus the
comparable quarter a year ago.
"Product gross margins declined five points from last year due
primarily to the revenue decline and a continued shift in revenue
mix
to lower priced, lower margin products," Bill continued. "While we
achieved double-digit growth in both dollars and units in personal
computers and in our UNIX workstations businesses, our competitive
pricing for PC's and Alpha AXP systems is contributing to lower
margins.
Service gross margins improved slightly compared with the first
quarter
of last year."
Ed Lucente, vice president, Worldwide Sales and Marketing,
noted,
"We have several programs taking advantage of our product strengths
which are focused on accelerating our growth in key areas. We have
initiated targeted programs aimed at selling open client/server
products
such as workstations, servers and networking products.
"Just one week ago, nearly 3,000 chief information officers
and
executives from our major customers around the world attended
announcement
events to learn about Digital's open client/server strategy," he
said.
"The company's initiative included more than 200 new products and
services, major enhancements to the OSF/1 and OpenVMS operating
systems,
new Alpha AXP and VAX systems all very competitively priced. We
also
announced symmetric multiprocessing under UNIX, integration software
products such as LinkWorks and Tuxedo, and industry leading network
management software. All of these offerings enable customers to
easily
move to open client/server computing. Customer reaction was very
positive
and we expect these capabilities to open up many new opportunities
for
our Alpha AXP systems," he said.
________
UNIX and Tuxedo are registered trademarks of UNIX System
Laboratories,
Inc. OSF/1 is a registered trademark of Open Software Foundation,
Inc.
OPERATING RESULTS FOR THE FIRST QUARTER ENDED:
October 2, 1993 September 26, 1992
PRODUCT SALES $ 1,557,004,000 $ 1,767,821,000
SERVICE & OTHER REVENUES 1,457,944,000 1,546,478,000
TOTAL OPERATING REVENUES 3,0l4,948,000 3,314,299,000
COST OF PRODUCT SALES 981,4l5,000 1,019,957,000
SERVICE EXPENSE AND COST
OF OTHER REVENUES 943,877,000 1,017,650,000
TOTAL COST OF SALES 1,925,292,000 2,037,607,000
GROSS MARGIN 36.1% 38.5%
RESEARCH & ENGINEERING 3l4,7l7,000 405,477,000
SELLING
GENERAL & ADMINISTRATIVE 872,207,000 1,131,187,000
OPERATING LOSS (97,268,000) (259,972,000)
OPERATING MARGIN (3.2%) (7.8)%
INTEREST INCOME 17,213,000 13,216,000
INTEREST EXPENSE 19,636,000 3,790,000
LOSS BEFORE INCOME TAXES AND
CUMULATIVE EFFECT OF CHANGE
IN ACCOUNTING PRINCIPLE (99,691,000) (250,546,000)
PRE-TAX MARGIN (3.3%) (7.6)%
INCOME TAXES 3,536,000 10,000,000
EFFECTIVE TAX RATE 3.5% 4.0%
LOSS BEFORE CUMULATIVE
EFFECT OF CHANGE IN
ACCOUNTING PRINCIPLE (103,227,000) (260,546,000)
CUMULATIVE EFFECT OF CHANGE IN
ACCOUNTING PRINCIPLE,
NET OF TAX (20,042,000) 0
NET LOSS ( 83,185,000) (260,546,000)
LOSS PER SHARE
BEFORE CUMULATIVE EFFECT OF
CHANGE IN ACCOUNTING PRINCIPLE $ (0.76) $ (2.04)
EARNINGS PER SHARE ON CUMULATIVE
EFFECT OF CHANGE IN ACCOUNTING
PRINCIPLE 0.14 0
NET LOSS PER SHARE $ (0.62) $ (2.04)
AVERAGE NUMBER OF SHARES
OUTSTANDING 135,010,377 128,001,937
SELECTED BALANCE SHEET/CASH FLOW DATA - Q1 FY94
BALANCE SHEET:
CASH & CASH EQUIVALENTS........................ $ 1,273,830,000
ACCOUNTS RECEIVABLE, NET....................... 2,858,832,000
A/R DAYS SALES OUTSTANDING..................... 85 days
INVENTORIES: RAW MATERIALS.......$ 416,384,000
WORK IN PROCESS...... 593,833,000
FINISHED GOODS........910,606,000
TOTAL..................... 1,920,823,000
PREPAID EXPENSES & DEFERRED INCOME TAXES..... 465,822,000
TOTAL CURRENT ASSETS......................... 6,519,307,000
NET PROPERTY, PLANT & EQUIPMENT.............. 3,174,490,000
OTHER ASSETS, NET............................ 931,806,000
TOTAL ASSETS................................. 10,625,603,000
BANK LOANS AND CURRENT PORTION OF LTD........ 19,782,000
TOTAL CURRENT LIABILITIES.................... 3,607,159,000
NONCURRENT DEFERRED INCOME TAXES............. 26,369,000
LONG-TERM DEBT............................... 1,018,354,000
POSTRETIREMENT BENEFITS...................... 1,153,854,000
TOTAL LIABILITIES............................ 5,805,736,000
STOCKHOLDERS' EQUITY......................... 4,819,867,000
BOOK VALUE PER SHARE......................... $ 35.68
CASH FLOW:
CASH FLOWS FROM OPERATING ACTIVITIES, (247,034,000)
INCLUDING DEPREC. & AMORT. OF
......174,560,000
CASH FLOWS FROM INVESTING ACTIVITIES, (133,167,000)
INCLUDING INVESTMENTS IN PP&E OF.. (167,001,000)
CASH FLOWS FROM FINANCING ACTIVITIES......... 10,836,000
NET DECREASE IN CASH AND CASH EQUIVALENTS.... (369,365,000)
NON U.S. REVENUES - QTR...................... 1,810,459,000
OR 60 %
EMPLOYEE POPULATION: REGULAR................ 88,800
OTHER.................. 4,400
FOR DIGITAL INTERNAL USE ONLY
|
92.1582 | Why you should be a Digital Sales Rep... | SALES::GKELLER | be alert, we need more lerts | Wed Oct 20 1993 15:42 | 52 |
|
Cross-posted w/out permission from Soapbox...
Geoff
As Dave Barry would say "I am not making this up". the following
did appear in a recent issue of DN&R.
Reprinted without permission from Charlie Matco's column in
Digital News and Review:
THE TOP 10 REASONS FOR BEING A DIGITAL SALES REP:
10. Customers expect a discount on Robert Palmer CD's.
9. Pay cuts eliminate all that
which-savings-plan-to-choose stress.
8. Relocation packages still available for Sarajevo
Sales office.
7. Stealth marketing eliminates that pesky phone-ringing
from sales prospects.
6. Free holiday turkey giveaway replaced with a resume
writing workshop.
5. Alpha chips go great with salsa and refried beans.
4. Bench seats in a Tarus make living in your car so much
easier.
3. Administrative computer system cannot track your sales
credit- but can automatically fax termination notices
to credit bureaus.
2. Empty cubicles create neat Alpine sound effect during
company yodeling championships.
AND THE NUMBER 1 REASON FOR BEING A DIGITAL SALES REP
IS....
1. New burgundy logo hides blood stains left from
trashing management.
|
92.1583 | | NAC::TRAMP::GRADY | Short arms, and deep pockets... | Wed Oct 20 1993 15:57 | 5 |
| Looks like total operating revenues are DOWN nearly 10% vs. a year ago.
That is very bad.
tim
|
92.1584 | | BIODTL::JC | Nothing like a good dose of the Dead | Wed Oct 20 1993 16:39 | 9 |
| re <<< Note 92.1583 by NAC::TRAMP::GRADY "Short arms, and deep pockets..." >>>
>Looks like total operating revenues are DOWN nearly 10% vs. a year ago.
>
>That is very bad.
yup, down 9.1%...
wall street is doing a mild punishment on the stock: 35.25!
|
92.1585 | look at it this way, at least we'll be buying the stock cheap again | ROCK::FROMM | It's hard to care about a don't care. | Wed Oct 20 1993 16:52 | 15 |
| > Digital President and Chief Executive Officer Bob Palmer
> commented, "We reduced the operating loss in the quarter by more
> than
> $162,000,000 compared with the first quarter of last year through
> continued focus on cost controls.
so are we supposed to be optimisitic because we lost less than we did in one
of worst quarters ever? (or was that our worst quarter ever?)
they're started to stretch the positive statements a bit; what's it going to
be next... "While we continue to lose hundreds of millions of dollars, I'm
confident that things are going well, because the third derivative of our
revenues is still greater than zero..."
- rich
|
92.1586 | | MKOTS3::ROBERTS_CR | dust off those rusty strings | Fri Oct 22 1993 16:43 | 5 |
|
new tfso package announced yesterday ... all tose who are surprised
will please stand up
|
92.1587 | here it is... | ZENDIA::FERGUSON | Red X | Fri Oct 22 1993 17:33 | 38 |
|
Resumption of U.S. Transition Program announced
Digital announced that the U.S. Transition Program for Q2 begins
today. According to Dick Farrahar, vice president, Human Resources, "The
package that will be offered during Q2 includes reduced cash payments, but
still compares favorably with separation plans offered by other companies
in our industry. The revision reflects current business conditions, the
company's current financial performance, and our intent to manage transition
activity within the limits of existing restructuring funds."
The elements of the package include:
o Four weeks of continuous pay, plus a lump sum payment of one
week of pay for every year of service, minimum of four weeks
lump sum (i.e., four week lump sum payment for employees with
0-4 years of service).
o Continuation of medical, dental and life insurance coverage
for a period represented by the total payments.
o Formal outplacement assistance for a period of six months.
o Where applicable, a five-year acceleration of restricted
stock options.
At the end of Q2, the program will be thoroughly reviewed in
the context of Digital's business goals and the worldwide restructuring
and re-engineering effort. Based on that assessment, said Dick, "a
decision will be made regarding the program in Q3.
"The U.S. Transition Program will continue to be implemented and
managed business unit by business unit," he continued. "The plans will
be reviewed on a business by business basis by the Cross-Organization
Committee. The company must continue to transform itself to serve
customers better and to compete more effectively. At the same time, we
will proceed thoughtfully to define the resources required to meet
Digital's current and future business needs."
FOR DIGITAL INTERNAL USE ONLY
|
92.1588 | | ZENDIA::FERGUSON | Red X | Fri Oct 22 1993 17:51 | 1 |
| I'd get 10 weeks plus my vaca (6 yrs with the company).
|
92.1589 | | POWDML::MACINTYRE | | Fri Oct 22 1993 19:00 | 9 |
| I'd get 17 weeks plus my vaca which would be just over 4 more weeks.
Ya know, that's almost enough to make me wonder if'n that wouldn't be
so bad.
Hummm,
Marv
|
92.1590 | hope bob palmer is enjoying his 20% raise | ROCK::FROMM | It's hard to care about a don't care. | Fri Oct 29 1993 16:16 | 141 |
| Date: 29-OCT-1993 13:02:36.41
From: RICKS::SALOIS "THE HEART IS NOT MEASURED BY HOW MUCH IT LOVES BUT BY HOW MUCH IT IS LOVED 29-Oct-1993 1300"
Subj: Education Freeze
To: @DIS:HPC
CC:
From: CHIPS::FALCO "LINDA, 225-6539, HLO2-2/N7 29-Oct-1993 1219" 29-OCT-1993 12:23:53.95
To: @SEGADMIN.DIS;
CC:
Subj: Education Freeze
From: CHIPS::SWARTZ "Joel, DTN-225.5758, HLO2-2/N8 29-Oct-1993 1202" 29-OCT-1993 12:06:33.08
To: @DISK$USER2:[SWARTZ]SEGSTAFF.DIS;4
CC: linda norm dave
Subj: FWD: EDUCATION FREEZE....
From: OBSESS::PANNI "MARIANNE - SCO HUMAN RESOURCES - 225-4847 29-Oct-1993
1143" 29-OCT-1993 11:44:12.51
To: @SCOHR
CC: PANNI
Subj: EDUCATION FREEZE....
From: LJSRV2::CHRISTENSEN "29-Oct-1993 1129" 29-OCT-1993 11:28:39.31
To: @EHRS
CC: CHRISTENSEN
Subj: FYI - TUITION REIMBURSEMENT FREEZE
From: MLMAIL::MLMAIL::MRGATE::"PNDVUEA1::FARRAHAR.DICK" 29-OCT-1993
11:01:30.65
To: LJSRV2::CHRISTENSEN,MEMIT::CLARK,MILPND::GREENFIELD,ROYALT::MCQUADE
CC:
Subj: TUITION REIMBURSEMENT FREEZE
2
From: NAME: Dick Farrahar
FUNC: Human Resources
TEL: 223-7738 <FARRAHAR.DICK AT PNDVUEA1 at
MLMAIL at MLO>
To: See Below
As part of a comprehensive review by SLT of the total investment the
Company wants to make in Development & Learning, we looked at tuition
reimbursement as one of the categories we need to address. We reaffirmed
that our Development & Learning focus for this fiscal year needs to be on
our key business priorities, with training for our Sales, Multivendor
Customer Service, and Digital Consulting employees, our Engineers, as well
as ensuring managers understand the performance management process. We will
continue to assess and review all the Development & Learning priorities;
however, we know already that as we finalize our investment decisions this
year, there are also areas we need to cut. Some cuts will be permanent,
addressing redundancies and infrastructure. Other cuts will be temporary,
allowing us to spend only on our most critical needs for this fiscal year.
As we re-engineer the work of Development & Learning, we should realize a
much higher return on the investment we make, which in turn will free up
funds for areas we know we want to continue to invest in for the long term.
One of these areas is tuition reimbursement, specifically, the college
degree program.
Effective immediately, we will freeze any further spending for college
degree tuition reimbursement for both undergraduate and graduate programs.
All approved courses in which an employee is already enrolled will remain
covered, but any new courses will not be reimbursed during this freeze. We
anticipate this freeze will be in effect through June 1994. While this
freeze does not address all areas covered by tuition reimbursement, i.e.,
other external individual training that is not part of a degree program, we
will be reviewing this spending as well in light of the total Company
investment we want to make. We ask that you ensure all individual external
training aligns with the key business priorities we have outlined above.
Over the next few weeks, we will be communicating with you further as final
decisions are made on which critically strategic investments we must make in
Development & Learning to address our business and customer needs.
Please communicate this message to your managers and employees.
To Distribution List:
Henry Ancona @MLO,
GRESHAM BREBACH @MLO,
LARRY CABRINETY @DSG,
BOBBY CHOONAVALA @AKO,
NAME: Charles Christ @CORE <CHRIST.CHARLES AT PNDVUEA1 at MLMAIL at MLO>,
Dick Farrahar @MLO,
RUSS GULLOTTI @MKO,
Win Hindle @MLO,
NAME: JOHN KLEIN @CORE <KLEIN.JOHN AT PNDVUEA1 at MLMAIL at MLO>,
NAME: PAUL KOZLOWSKI @CORE <KOZLOWSKI.PAUL AT PNDVUEA1 at MLMAIL at MLO>,
ED LUCENTE @MLO,
Frank McCabe @MLO,
ED MCDONOUGH @BXC,
NAME: VIN MULLARKEY @CORE <MULLARKEY.VIN AT PNDVUEA1 at MLMAIL at MLO>,
CLEMENT OBRIEN @MLO,
NAME: BOB PALMER <PALMER.BOB AT PNDVUEA1 at MLMAIL at MLO>,
NAME: Enrico Pesatori @MLO <PESATORI.ENRICO AT PNDVUEA1 at MLMAIL at MLO>,
DICK POULSEN @GEO,
JOHN RANDO @OGO,
Bruce J. Ryan @MLO,
WILLOW SHIRE @MRO,
TOM SIEKMAN @MSO,
NAME: Adriana Stadecker @MLO <STADECKER.ADRIANA AT PNDVUEA1 at MLMAIL at MLO>,
Bill Steul @MLO,
NAME: Bill Strecker @MLO <STRECKER.BILL AT PNDVUEA1 at MLMAIL at MLO>,
ROB AYRES @OGO,
BETTY BAILEY @MRO,
JULIE BOVA @MLO,
CAROLYN CARDER @MLO,
CHRISTENSEN @LJSRV2 @VMSMAIL,
CLARK @MEMIT @VMSMAIL,
KAREN CORBURN @AKO,
GIORGIO CORSI @GEO,
DICK FARRAHAR @MLO,
BOB FARRELL @BXC,
LIBBY FINN @MLO,
ELLEN GLANZ @MLO,
RON GLOVER @MSO,
JOEL GOLDSTEIN @MSO,
GREENFIELD @MILPND @VMSMAIL,
KAREN HOWARD @MRO,
HARVEY JONES @AKO,
JERRY LOPORTO @AKO,
JOHN MCCARTHY @OGO,
MCQUADE @ROYALT @VMSMAIL,
FRANK MOELLHOFF @MLO,
BOB MULKEY @MLO,
KAREN O'CONNOR @MSO,
GEOFF SACKMAN @MLO,
SARAH SUMNER @MLO,
MAURICE VANDERPOT @MLO,
CATHY WELSH @OGO,
IRENE WONG @BXC,
ALASTAIR WRIGHT @MLO
|
92.1591 | | AKOCOA::SMITH_D | twenty four and there's so much more | Fri Oct 29 1993 17:48 | 2 |
|
Oh my God!
|
92.1592 | | LANDO::HAPGOOD | Java Java HEY! | Fri Oct 29 1993 17:52 | 6 |
| That truly sucks. I am about 3 courses from completing my degree.
Does DIGITAL think they get back nothing for paying for my education?
aww nevermind. it's apparent no one listens.
bob
|
92.1593 | somehow i'm not in the mood to stay late today... | ROCK::FROMM | It's hard to care about a don't care. | Fri Oct 29 1993 19:38 | 10 |
| >aww nevermind. it's apparent no one listens.
yup, you're right on that one. i already called to complain and basically
(after getting the run-around from one office to another to another) got the
excuse "yeah, i think it sucks too, but it's management's decision"
as if "management" is this philosophical entity that doesn't really exist to
be able to personally voice you're opinion to; they just make decisions...
- rich
|
92.1594 | I was thinking the same thing, rich... | BINKLY::DEMARSE | Unusual occurrences in the desert... | Fri Oct 29 1993 19:39 | 6 |
| Yeah i was really ticked off when I got that message today. Just a
couple of months ago they were stressing how important training and
education is to each employee, now we get this. Adios to college next
semester....
/danielle
|
92.1595 | | ROCK::FROMM | It's hard to care about a don't care. | Fri Oct 29 1993 20:17 | 8 |
| >Adios to college next
> semester....
or college = adios to digital
just pointing out another viable option...
- rich
|
92.1596 | | ISLNDS::CONNORS_M | | Fri Oct 29 1993 20:23 | 9 |
|
aw, c'mon! Have a little faith! Where there's a will
there's a way!!! ;-)
(just trying to lighten the mood on a friday afternoon!)
MJ_poverty_stricken_college_student_and_loving_it! ;-)
|
92.1597 | OUCH! | 7892::IRZA | this species has amused itself to death | Mon Nov 01 1993 10:44 | 7 |
| >>That truly sucks. I am about 3 courses from completing my degree.
i'm in the same boat....this is devastating! i already sent in
my course card to qualify for express registration for next semester.
now i have to withdraw 8^(
^dave
|
92.1598 | Leave now and avoid the rush... | CARROL::YOUNG | where is this place in space??? | Mon Nov 01 1993 15:46 | 3 |
| Yea...a friend of mine out in ABO got the 'tap' about a year ago. He
took the TFSO $$$ and is now one semester away from his degree. No
need to put up with this BS to get his BS!!!
|
92.1599 | | AKOCOA::SMITH_D | twenty four and there's so much more | Tue Nov 02 1993 13:03 | 4 |
|
Right on brotha
:-)
|
92.1600 | | LANDO::HAPGOOD | Java Java HEY! | Tue Nov 02 1993 13:43 | 24 |
| This is from today's VNS. From the 10-14 WSJ so I'm sure it may be old
hat for some of you.
Sun Microsystems - Top executives take pay cuts
{The Wall Street Journal, 14-Oct-93, p. B6}
Sun Microsystems CEO Scott McNealy and the rest of the company's top
executives have taken pay cuts as the result of a new compensation plan -
instituted at Mr. McNealy's request - that links their compensation more
closely to the company's performance. The executives will now get more stock
options and less cash. Mr. McNealy's salary for the fiscal year ended June 30
was slashed 27% to $400,000 from $550,000. His bonus was cut 43%, to
$251,304 from $445,763. He received 60,000 stock options, but they aren't
worth a penny right now: the exercise price is $28.25 and the stock's recent
trading range is about $22 a share. The cuts in salary and bonus don't quite
match the roughly 47% hit investors have taken since January. Mr. McNealy
isn't taking the pay cut out of any sense of solidarity with investors. "He's
not feeling guilty about the company's performance, said Marty Coleman, a
spokeswoman. She said Mr. McNealy recommended changing the compensation plan
"because of a philosophy that executives should be paid based on the
performance of the company. The best way to do that is with stock options.
We think stockholders like that."
|
92.1601 | Time for a break I guess | BSS::MNELSON | Won't ya try just a little bit harder | Tue Nov 02 1993 13:46 | 15 |
|
There are definitely some short sighted folks at the helm of this
company. An investment in education is an investment in the future.
We are cutting into our future success.
Personally, I am working on my MBA in MIS, as is my wife. Lisa is 2
classes away from graduation. I am 7, I guess. The freeze on
education hits us hard. We both take either 2 or 3 classes a year
at $774 + books each. Fiqure $825 minimum per class x 4 = $3300 out
of our pockets. This sucks.
Oh well, I've never minded a hiatus in school in the past. I guess
this one won't kill me either.
Mark
|
92.1602 | bob, are you listening? | ROCK::FROMM | It's hard to care about a don't care. | Tue Nov 02 1993 13:50 | 43 |
| <><><><><><><><> T h e V O G O N N e w s S e r v i c e <><><><><><><><>
Edition : 2947 Tuesday 2-Nov-1993 Circulation : 6557
VNS MAIN NEWS ..................................... 33 Lines
VNS COMPUTER NEWS ................................. 280 "
VNS TECHNOLOGY WATCH .............................. 154 "
For information on how to subscribe to VNS, ordering backissues, contacting
VNS staff members, etc, send a mail to EXPAT::EXPAT with a subject of HELP.
VNS COMPUTER NEWS: [Tracy Talcott, VNS Computer Desk]
================== [Littleton, MA, USA ]
Sun Microsystems - Top executives take pay cuts
{The Wall Street Journal, 14-Oct-93, p. B6}
Sun Microsystems CEO Scott McNealy and the rest of the company's top
executives have taken pay cuts as the result of a new compensation plan -
instituted at Mr. McNealy's request - that links their compensation more
closely to the company's performance. The executives will now get more stock
options and less cash. Mr. McNealy's salary for the fiscal year ended June 30
was slashed 27% to $400,000 from $550,000. His bonus was cut 43%, to
$251,304 from $445,763. He received 60,000 stock options, but they aren't
worth a penny right now: the exercise price is $28.25 and the stock's recent
trading range is about $22 a share. The cuts in salary and bonus don't quite
match the roughly 47% hit investors have taken since January. Mr. McNealy
isn't taking the pay cut out of any sense of solidarity with investors. "He's
not feeling guilty about the company's performance, said Marty Coleman, a
spokeswoman. She said Mr. McNealy recommended changing the compensation plan
"because of a philosophy that executives should be paid based on the
performance of the company. The best way to do that is with stock options.
We think stockholders like that."
<><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><>
For information on how to subscribe to VNS, ordering backissues, contacting
VNS staff members, etc, send a mail to EXPAT::EXPAT with a subject of HELP.
Permission to copy material from this VNS is granted (per DIGITAL PP&P)
provided that the message header for the issue and credit lines for the
VNS correspondent and original source are retained in the copy.
<><><><><><><><> VNS Edition : 2947 Tuesday 2-Nov-1993 <><><><><><><><>
|
92.1603 | | AKOCOA::SMITH_D | twenty four and there's so much more | Tue Nov 02 1993 14:08 | 14 |
|
I'm a little T'd myself,
My courses at Middlesex are $270 each.....not a major setback
to the budget at all!!!!
I think 5 years ago they should have set a standard maximum
reimbursement or provided 90% re. of all external training
instead of cold turkey for a semester.
If this is the extent the Corportion needs to go to in order
to make numbers, we're in trouble, and it isn't impressive
to our customers & investors when they see/hear/read these
things.
|
92.1604 | BOOM! | SUBPAC::MAGGARD | Careful with that AXP Eugene! | Tue Nov 02 1993 14:09 | 7 |
|
re: 1600, 1602
NOTES COLLISION!!!
(or is Rich not paying attention, dammit! ;-) ;-) ;-)
|
92.1605 | Bye-Bye Bennies! | SUBPAC::MAGGARD | Careful with that AXP Eugene! | Tue Nov 02 1993 14:16 | 16 |
|
re: education cuts
I agree that cutting education funding is a bad idea.
But if it came down to
1) losing my job and _all_ of it's benefits.
2) having to wait a year or two to finish my degree (at the company's
expense) -- I believe they'll re-instate the program when the $
is there.
3) pay my own way for the degree.
I think I'd go with the latter two choices.
- jeff
|
92.1606 | Get rid of the high priced internal courses first | BINKLY::DEMARSE | Unusual occurrences in the desert... | Tue Nov 02 1993 14:31 | 18 |
| I feel that if they have to cut anything educational than let it be the
internal courses. There are 3 or 4 new hires in my group that just
took an internal 5-day C_Programming Class. This class costed the
company $1500/per person. Plus, the company paid each person their
regular pay for that week. Now, being that I have taken this class
before, I would like to add that it was more or less a "crash course"
in C-Programming and I would have benefitted MUCH more if I had taken
this at a college. I would have had more time to work on the
C-Programming and I would have understood it much better than a
week-long rush rush internal class. I would have also recieved college
credits for taking the course.
I am extremely disappointed in the college education freeze. It just
makes me feel that this company doesn't care. I have only been here
for a year and a half and all I have witnessed is the morality of this
company disintegrate.
/danielle
|
92.1607 | Disposable resources are us... | CARROL::YOUNG | where is this place in space??? | Tue Nov 02 1993 14:42 | 18 |
| i'm with you Danielle...i took the C-course all the way through
advanced C and C++....worked on one project where i got to use it, got
proficient with it and now i haven't done any programming for over two
years...my skills are getting rusty and when i tell my manager i'd like
to do more software work...he just gives me an 'OK well work on it' talk
and that's the end of it...i'd go into some other group to freshen my
skills, but most of the open req's are looking for people with 10 years
experience and a track record that reads like a who's who of software
programming.
This company s*cks when it comes to resource matching, career planning
and letting people do what they are most interested in doing...and
before anyone gives me the old 'you make your own career' talk, you try
moving around in this corporation today...FORGET IT!!!
Whuuueeewww....got that off my chest...thanks i needed that!!!
Dugo
|
92.1608 | | TRETOP::SAMILJAN | | Tue Nov 02 1993 16:29 | 24 |
| Real Bad Timing Dept.:
In light of this discussion about the proposed cuts to spending for
college tuitions, did anyone see the article in VTX entitled, "Bob
Palmer Initiates Digital's Values Discussion?" Check it out.
The last line of the second core value/goal states that the company and
its employees need to "develop our capabilities and continually learn."
Is this a joke? I don't get it. Is the management of this company
so confused that they can contradict each other on such an important
matter on the same day? Or is it that the "values" discussed are only
DISCUSSED, and not intended for actual use by the company? (I fear the
latter is true.)
This is really sad. I'm enormously disappointed with the actions of the
individuals leading this company.
I sort of feel like we're going down in flames. What a shame to make
mockery of the "values" that so many of us want to believe in.
Well, that's IMHO.
Bud
|
92.1609 | | CXDOCS::BARNES | | Tue Nov 02 1993 16:38 | 5 |
| re: "Is the management of this company so confused...."
yes
rfb
|
92.1610 | Digital Values | SUBPAC::MAGGARD | Careful with that AXP Eugene! | Tue Nov 02 1993 16:57 | 159 |
| Here's the VNS article...
- jeff
--------------------------
From: CADSYS::DELNI::EXPAT::VNS "The VOGON News Service 02-Nov-1993
0439" 2-NOV-1993 05:24:40.08
To: VNS-Distribution
CC:
Subj: VNS #2947 Tue 2-Nov-1993
<><><><><><><><> T h e V O G O N N e w s S e r v i c e <><><><><><><><>
Edition : 2947 Tuesday 2-Nov-1993 Circulation : 6557
VNS MAIN NEWS ..................................... 33 Lines
VNS COMPUTER NEWS ................................. 280 "
VNS TECHNOLOGY WATCH .............................. 154 "
For information on how to subscribe to VNS, ordering backissues, contacting
VNS staff members, etc, send a mail to EXPAT::EXPAT with a subject of HELP.
Digital - Bob Palmer initiates Digital's values discussion
{Livewire, Worldwide News, 1-Nov-93}
Digital President and CEO Bob Palmer and the Senior Leadership Team have
articulated a set of company core values that will be the basis for a
companywide discussion starting today.
Bob said, "The companywide discussion we are embarking on today is the first
step in an ongoing process of many months and years. Our objective for these
initial discussions is to allow us all to take the time to focus on the values
which many agree are of essential importance to us. It's important that we
look at these values as statements of where we aspire to be. While we have a
long way to go in some areas, I expect us to start making progress now."
Following is the statement of Digital's core values.
The objectives of the enterprise are:
o to develop long-term and mutually beneficial relationships with our
customers by understanding their business goals and needs and providing
them with high quality, innovative business solutions, products and
services.
o to create and sustain an environment for all employees in which we treat
each other with respect and value our individual and cultural
differences; communicate honestly and openly; reward excellence as
essential to company success; develop our capabilities and continually
learn.
o to honor the investment decision of our shareholders by managing for
profitability and growth through the delivery of innovative customer
solutions, products and services.
Core Values
Integrity. We choose to be honest in all our business interactions and
transactions and remain steadfast when challenged.
o We are, first and foremost, honest in all our dealings: with one another,
with customers, business partners, investors, suppliers and the
communities in which we operate.
o We are not only honest in the technical sense of the word, but also seek
to ensure that the impressions we leave are accurate.
o We hold ourselves to the highest level of ethical conduct and
conscientiously avoid activity that creates even the appearance of any
conflict of interest.
Respect for the Individual. We show respect for everyone by what we say and
do and value our diverse global workforce.
o We treat one another with mutual respect. Our actions, our behaviors and
attitudes consistently demonstrate our respect for the dignity and worth
of each individual.
o We maintain a work environment that seeks out and values the insight,
experience, contribution, and full participation of all employees.
o We are committed to understanding, valuing and maintaining a diverse
workforce that reflects and responds to the diversity of our customers
and our markets.
Excellence. We excel at everything we do. We strive aggressively for the
highest standard of quality to achieve superior value for our customers.
o We never compromise in our quest for excellence, customer satisfaction,
and company success.
o We link excellence with consistently and profitably delivering value to
our customers.
o We aim to be the best and excel in every area in which we choose to focus
our attention. We will settle for nothing less.
Accountability. We own up to our words and actions. When we commit to do
something, we do it -- decisively, responsibly and with urgency so that others
can rely on us consistently.
o We exercise care in formulating and meeting our commitments to customers
and to each other.
o We understand that others rely on our commitments and expect us to meet
them. When we make commitments to customers, to fellow employees and to
others, we take personal responsibility for fulfilling those commitments.
We immediately inform others when we are unable to meet a commitment.
o We accept the consequences of our own performance, behavior and words at
all times.
Teamwork. We work together, energized by our collective talent. We listen
to, trust, share with, and empower team members. We use data to move beyond
individual opinions to rapid decisions and effective implementation.
o We maintain open, honest dialogue at all levels of the company.
o We understand vigorous, constructive dialogue is an essential element in
building effective work teams and the best way to ensure our ability to
create and deliver high-quality business solutions for our customers.
o When a decision is made and a company goal is established, we work
collaboratively with others to meet that goal.
o We recognize that these company goals are primary and above group or
individual goals.
Innovation. We encourage and value creative solutions to customer needs.
We are fearless in expressing unique ideas and taking actions that will
generate successful customer solutions.
o We value and encourage innovation and creativity.
o We make elegant and successful use of existing and new techniques to
create new business solutions, products and services for our customers'
requirements.
o We open up and develop profitable markets where we have leadership.
o We are empowered to take intelligent risks after carefully weighing
potential hazards and benefits to the company.
o We reward success and expect everyone to learn from those attempts that
are not successful despite our best efforts.
Customer Success. We help our customers achieve their business goals
through information systems knowledge, industry expertise, networking skills
and consulting. We strive always to outdistance the competition in customer
satisfaction.
o We are committed to having the most satisfied customers worldwide.
o We support and assist our customers to be successful in their own
competitive environment through innovative business solutions,
information systems knowledge, industry expertise, networking skills and
consulting.
o All of our efforts and decisions are relentlessly focused on maximizing
our ability to understand and respond to their needs and expectations.
|
92.1611 | | NAC::TRAMP::GRADY | Short arms, and deep pockets... | Tue Nov 02 1993 18:02 | 2 |
| Kinda hard to take that seriously, huh?
|
92.1612 | who me, cynical?! | SUBPAC::MAGGARD | Careful with that AXP Eugene! | Tue Nov 02 1993 18:27 | 4 |
|
...not if you include "if we have the money." on the end of each value...
|
92.1613 | | WITNES::MACINTYRE | | Tue Nov 02 1993 18:32 | 13 |
|
>...not if you include "if we have the money." on the end of each value...
I think its more like this:
"... if we have the money after paying for BP's raise and new carpet
($26K), Lucente's mortgage, Strecker's bonus, Stuel's stock options..."
Marv
|
92.1614 | | AKOCOA::SMITH_D | twenty four and there's so much more | Tue Nov 02 1993 19:19 | 6 |
|
.......Renovating the LJO2 facility....
next please....
|
92.1615 | | ROCK::FROMM | It's hard to care about a don't care. | Tue Nov 02 1993 22:32 | 21 |
| part of the reason i'm upset about the education freeze concerns how it affects
me personally; however, i think there's more to it than that; to say that you
will not pay for your employees to continue learning means that you are not
investing in the future of your company, and it gives me the message that the
company does not value their employees
i think this is a really bad decision; it's something important enough that
had it been like it is now at the point that i was graduating and deciding
between Digital and another company, this might have been enough to sway me
away from Digital
i definitely am going to write a letter to express my concerns, and i urge
others to do the same; unfortunately, i'm guessing that this won't upset people
as much as the vacation accrual policy did; the vacation accrual policy
affected the most those people who have been here a long time; the education
freeze is of more concern to (but certainly not limited to) younger people;
because digital isn't doing much hiring, there aren't as many younger people as
there should be; furthermore, it's the older people who are in more of a
position of influence to change policies; so i'm not too optimistic...
- rich
|
92.1616 | Organized Revolt | TRETOP::SAMILJAN | | Wed Nov 03 1993 12:20 | 9 |
| re: -.1
Rich,
Check the DIGITAL notes file. I believe there are people organizing
over this issue. Frankly, I expect there will be a compromise, or
the decision will be rescinded.
Bud
|
92.1617 | write a letter... | STRATA::DWEST | choose wisdom over intelligence... | Wed Nov 03 1993 12:42 | 9 |
|
according to the personnel folks here that i have spoken to about this
stuff, they are suggesting people contact Dick Farrahar (sp?) through
email (he also has two of his folks working on feedback on this, more
info in DIGITAL notes) and voice thier opinions...
apparently, they are being inundated...
da ve
|
92.1618 | I'll sign.... | QUARRY::petert | rigidly defined areas of doubt and uncertainty | Wed Nov 03 1993 14:07 | 17 |
| The education policy definately sucks, though I have never used Digital's
education re-imbursment. I have however, used similar programs at other
companies, and that allowed me to get my MS in Comp. Sci. at BU's MET
college. To me, programs of this type are great and definitely increase
moral and worker preparedness. I have to agree with Danielle's statement
about us wasting time and money sending people to crash courses during
work hours, when you could get a more balanced view, with the chance that
you'll retain more of the material, by sending someone to a college course
at about half the cost.
I'm willing to support or lend my voice/signature to someone trying to
get this recent freeze changed. It's similar to voting for schools in
your community. The idea of getting involved only when you have kids
actually going through the system is a poor one. It is always in our interest
to fund education, whether we take direct benefit of it ourselves or not.
I'd always like it to be there if I should decide to return.
PeterT
|
92.1619 | | JUPITR::OCONNORS | | Wed Nov 03 1993 14:14 | 4 |
|
How do you go about getting into the DIGITAL notesfile?
Sean
|
92.1620 | EX | TRETOP::SAMILJAN | | Wed Nov 03 1993 14:32 | 3 |
| Try this:
ADD ENTRY HUMANE::DIGITAL
|
92.1621 | KEypad 7 | MR4MI2::REHILL | Call Me Mystery Hill | Wed Nov 03 1993 15:53 | 3 |
| OR you can hit Keypad 7.
|
92.1622 | interesting... "deadly sins" | STRATA::DWEST | choose wisdom over intelligence... | Thu Nov 04 1993 20:19 | 177 |
|
got this in the mail today through a blanket distribution... thought
people might find it interesting...
da ve
From: SHARE::ETE_CALENDAR "04-Nov-1993 1337" 4-NOV-1993 16:36:52.44
To: @BLANKET
CC:
Subj: The Five Deadly Business Sins by "PETER DRUCKER"
The Five Deadly Business Sins
by Peter F. Drucker
Wall Street Journal Thursday October 21, 1993
The past few years have seen the downfall of one once-dominant business after
another: General Motors, Sears and IBM, to name just a few. But in every case
the main cause has been at least one of the five deadly business sins-avoidable
mistakes that will harm the mightiest business.
o The first and easily the most commom sin is the worship of high profit
margins and "premium pricing." The prime example of what this leads to
is the near-collapse of Xerox in the 1970s. Having invented the copier
--and few products in industrial history have had greater success faster--
Xerox soon began to add feature after feature to the machine, each priced
to yield the maximum profit margin and each driving up the machine's price.
Xerox profits soared and so did the stock price. But the vast majority of
consumers who need only a simple machine became increasingly ready to buy
from a competitor. And when Japan's Canon brought out such a machine it
immediately took over the U.S. market-Xerox barely survived.
GM's troubles--and those of the entire U.S. automobile industry--are, in large
measure, also the result of the fixation on profit margin. By 1970, the
Volkswagen Beetle had taken almost 10% of the American market, showing there
was U.S. demand for a small and fuel-efficient car. A few years later, after
the first "oil crisis," that market had become very large and was growing
fast. Yet the U.S. auto makers were quite content for many years to leave it
to the Japanese ,as small-car profit margins appeared to be much lower than
those for big cars.
This soon turned out to be a delusion--it usually is. GM, Chrysler and Ford
increasingly had to subsidize their big-car buyers with discounts, rebates,
cash bonuses. In the end, the Big Three probably gave away more in subsidies
than it would have cost them to develop a competitive (and profitable) small
car.
The lesson: The worship of premium pricing always creates a market for the
competitor. And high profit margins do not equal maximum profits. Total
profit is profit margin multiplied by turnover. Maximum profit is thus
obtained by the profit margin that yields the largest total profit flow,
and that is usually the profit margin that produces optimum market standing.
o Closely related to this first sin is the second one: mispricing a new
product by charging "what the market will bear." This too, creates risk-free
opportunity for the competition. It is the wrong policy even if the product
has patent protection. Given enough incentive, a potential competitor will
find a way around the strongest patent.
The Japanese have the world's fax-machine market today because the Americans
who invented the machine, developed it and first produced it charged what the
market would bear--the highest price they could get. The Japanese however,
priced the machine in the U.S. two or three years down the learning curve--a
good 40% lower. They had the market virtually overnight; only one small U.S.
manufacturer, which makes a specialty product in tiny quantities, survives.
By contrast, DuPont has remained the world's largest producer of synthetic
fibers, because, in the mid-1940s, it offered its new and patented nylon on
the world market for the price at which it would have to be sold in five
years hence to maintain itself against the competition. This was some
two-fifths lower than the price DuPont could then have gotten from the
manufacturers of women's hosiery and underwear.
DuPont's move delayed competition by five or six years. But it also
immediately created a market for nylon that nobody at the company had even
thought about (for example, in automobile tires), and this market soon
became both bigger and more profitable than the women's wear market could
ever have been. This strategy thus produced a much larger total profit for
DuPont than charging what the traffic could bear could have done. And
DuPont kept the markets when the competitors did appear, after five or six
years.
o The third deadly sin is cost-driven pricing. The only thing that works
is price-driven costing. Most American and practically all European
companies arrive at their prices by adding up costs and then putting a profit
margin on top. And then, as soon as they have introduced the product, they
have to start cutting the price, have to redesign the product at enormous
expense, have to take losses-and, often, have to drop a perfectly good product
because it is priced incorrectly. Their argument? "We have to recover our
costs and make a profit."
This is true but irrelevant: Customers do not see it as their job to ensure
manufacturers a profit. The only sound way to price is to start out with
what the market is willing to pay--and thus, it must be as assumed, what the
competition will charge--and design to that price specification.
Cost-driven pricing is the reason there is no American consumer-electronics
industry anymore. It had the technology and the products. But it operated
on cost-led pricing-and the Japanese practiced price-led costing. Cost-led
pricing also nearly destroyed the U.S. machine-tool industry and gave the
Japanese, who again used price-led costing, their leadership in the world
market. The U.S. industry's recent (and still quite modest) comeback is the
result of the U.S. industry's finally having switched to price-led costing.
If Toyota and Nissan succeed in pushing the German luxury auto makers out of
the U.S. market, it will be the result of their using price-led costing. To
be sure, to start out with price and then whittle down costs is more work
initially. But in the end it is much less work than to start our wrong and
then spend loss-making years bringing costs into line--let alone far cheaper
than losing a market.
o The fourth of the deadly business sins is slaughtering tomorrow's
opportunity on the altar of yesterday. It is what derailed IBM. IBM's
downfall was paradoxically caused by unique success; IBM's catching up,
almost overnight, when Apple brought out the first PC in the mid 1970s.
This feat actually contradicts everything everybody now says about the
company's "stodginess" and it "bureaucracy." But then when IBM had
gained leadership in the new PC makret, it subordinated this new and
growing business to the old cash cow, the mainframe computer.
Top management practically forbade the PC people to sell to potential
mainframe customers. This did not help the mainframe-business--it never
does. But it stunted the PC business. All it did was create sales for
IBM "clones" and thereby guarantee that IBM would not reap the fruits of
its achievement.
This is actually the second time that IBM has committed this sin. Forty
years ago, when IBM first had a computer, top management decreed that it
must not be offered where it might interfere with the poosible sales of
punch cards, the the company's cash cow. Then, the company was saved by
the Justice Department's bringing an antritrust suit against IBM's
domination of the punch-cark market, which forced management to abandon
th cards--and saved the fledgling computer. The second time providence
did not come to IBM's rescue, however.
o The last of the deadly sins is feeding problems and starving
opportunities. For many years I have been asking new clients to tell me
who their best performing people are. And then I ask: "What are they
assigned to?" Almost without exception, the performers are assigned to
problems--to the old business is sinking faster than had been forecast;
to the old product that is being outflanked by a competitor's new offering;
to the old technology--e.g., analog switches, when the market has already
switched to digital. Then I ask: "And who takes care of the opportunities?"
Almost invariably, the opportunities are left to fend for themselves.
All one can get by "probelm-solving" is damage-containment. Only opportunities
produce results and growth. And opportunities are actually every bit as
difficult and demanding as problems are. First draw up a list of the
opportunities facing the business and make sure that each is adequately staffed
(and adequately supported). Only then should you draw up a list of the the
problems and worry about staffing them.
I suspect that Sears has been doing the opposite--starving the opportunities
and feeding the problems--in its retail business these past few years. This
is also, I suspect, what is being done by the major European companies that
have steadily been losing ground on the world market (e.g., Siemens in Germany).
The right thing to do has been demonstrated by GE, with its policy to get rid
of all businesses--even profitable ones--that do not offer long-range growth
and the opportunity for the company to be number one or number two world-wide.
And then GE places its best-performing people in the opportunity businesses,
and pushes and pushes.
Everything I have been saying in this article has been known for generations.
Everything has been amply proved by decades of experience. There is thus no
excuse for managements to indulge in the five deadly sins. They are
temptations that must be resisted.
___________________________________________
Mr. Drucker is a professor of social sciences at the Claremont Graduate
School in California.
|
92.1623 | no comment | TPSYS::CLARK | Can you picture what will be? | Fri Nov 05 1993 13:38 | 41 |
| From: BROKE::ROZWAT "04-Nov-1993 1715" 4-NOV-1993 17:26:14.01
To: @DBS
CC:
Subj: Tution refund (still working it.....)
From: TPSYS::ABBETT "Mark.....227-4193.....TAY1-1/A11 01-Nov-1993 1706" 1-NOV-1993 17:10:08.32
To: @PS_STAFF.DIS
CC: ABBETT
Subj: Tuition Refund Freeze
+---------------------------+ TM
| | | | | | | |
| d | i | g | i | t | a | l | Interoffice Memorandum
| | | | | | | |
+---------------------------+
TO: PS Staff DATE: 1 November 1993
FROM: Mark Abbett
DEPT: PS Human Resources
LOC: TAY1-1/A11
DTN: 227-4193
ENET: TPSYS::ABBETT
SUBJECT: TUITION REFUND FREEZE
As you can imagine, there has been an emotional reaction to the tuition
reimbursement freeze. The decision seems to have been made by the
S.L.T. without a whole bunch of data as to either the expense savings
or the implications of this decision on attracting and retaining the
employee base.
There is currently a lot of work being done to reverse this decision.
John, I have sent your memo on to Ralph Christensen. If anyone else
has any thoughts or reactions please send them along so we can keep
up the pressure.
Regards,
Mark
|
92.1624 | | NAC::TRAMP::GRADY | Short arms, and deep pockets... | Fri Nov 05 1993 14:51 | 6 |
| Somebody forward that Drucker article to the S.L.T. I don't
think they've seen it...
:-)
tim
|
92.1625 | TUITION REIMBURSEMENT UPDATE | BINKLY::DEMARSE | Unusual occurrences in the desert... | Fri Nov 05 1993 17:59 | 75 |
| (headers removed)
From: NAME: Readers Choice
FUNC:
TEL: <CHOICE.READERS AT A1 at
SALES at
MRO>
To: See Below
*************************************************************
This memo is from Jose Ramirez
Corporate Personnel Policy Manager
*************************************************************
I have attached for your information the text of the Livewire
announcement that will be released by the close of business today, Friday
November 5, 1993.
The net effect is that managers will have the responsibility to review,
approve or deny external educational assistance requests brought to their
attention by their employees. Personnel Policy 4.13, External Educational
Assistance, provides the philosophical foundation and the direction to
apply the intent of this decision by the Senior Leadership Team.
THIS MEMO IS FROM DICK FARRAHAR, V.P. Human Resources.
After review of the recent announcement regarding the
worldwide college degree tuition reimbursement freeze for
fiscal '94, the Senior Leadership Team has issued the
following statement.
Our strategy is to manage our business for long term growth
and profitability. To achieve that, we must decrease our
company spending in the short term if we are to be successful
as a company in the future. The recent general freeze on
college degree tuition reimbursement was viewed as one
measure toward overall expense control.
Employees (both managers and individual contributors) have
provided information that further clarifies the value of
these educational initiatives. Therefore, we have decided
that the better course of action at this time is to place
responsibility for reviewing, approving or denying external
tuition reimbursement requests with managers.
It is our expectation that managers and employees will ensure
that educational initiatives are consistent with development
plans and will enhance skills that support Digital's business
goals and direction.
We are committed to the development of our employees and
their skills as required for Digital's future success with
customers. We continue to support educational assistance if
approved after careful review and balanced deliberation by
managers.
We ask your full support and cooperation in this effort to
invest in education that will have positive results for our
customers, our employees and our company.
This message was delivered to you utilizing the Readers Choice delivery
services. You received this message because you are a U.S. Manager or
U.S. Supervisor or part of the U.S. Human Resources organization. If you
have questions regarding this message, please contact the author of the
memo.
UNIX Users:
- to send VAXmail: READERCHOICE@SALES.enet.dec.com
- to send ALL-IN-1: READERS.CHOICE@MRO.mts.dec.com
|
92.1626 | | TPSYS::CLARK | Can you picture what will be? | Fri Nov 05 1993 18:17 | 7 |
| Congrats everyone on further clarifying the value of those educational
initiatives. ;^)
- dc
"You got me jerkin' back and forth"
-- DeVo
|
92.1627 | 320MHz of OSF... WOW! | SUBPAC::MAGGARD | Careful with that AXP Eugene! | Fri Nov 05 1993 18:28 | 26 |
|
Good news from the chip folks... ...or is that the space-heater folks? ;-)
[many headers deleted]
From: SMTP%"sjm@ferkin.my.domain" 2-NOV-1993 11:57:46.79
To: morris@[16.127.0.137]
CC:
Subj: EV45 @320Mhz welcomes OSF to the fast lane
This message comes to you from a modified Jensen run with an EV45
at 320Mhz.
Steve and Dave
================== RFC 822 Headers ==================
Return-Path: sjm@ferkin
Received: by segad3.cdad.hlo.dec.com (UCX V2.0-08)
Tue, 2 Nov 1993 11:57:34 -0500
Received: by ferkin; id AA01023; Tue, 2 Nov 1993 11:59:00 -0500
Date: Tue, 2 Nov 1993 11:59:00 -0500
From: Steve Morris <sjm@ferkin.my.domain>
Message-Id: <9311021659.AA01023@ferkin>
To: morris@[16.127.0.137]
Subject: EV45 @320Mhz welcomes OSF to the fast lane
|
92.1628 | Same as it ever was, ... | TRETOP::SAMILJAN | | Fri Nov 05 1993 18:29 | 11 |
| Yeah, I really didn't think they could make it stick. It reminded me
of when they tried to eliminate business mileage reimbursement between
facilities a couple of years ago. Too much uproar from the ranks.
By putting the responsibility on the managers, they backed down
gracefully without taking any responsibility themselves at all.
Business as usual.
Bud
|
92.1629 | Spread the Word! | SUBPAC::MAGGARD | Careful with that AXP Eugene! | Wed Nov 10 1993 15:27 | 52 |
|
...Alpha (to be) in the news...
- jeff
-------------
From: SUBPAC::PROPER "10-Nov-1993 1132" 10-NOV-1993 11:35:55.31
To: @SITEMAIL.DIS
CC:
Subj: SITEMAIL: Advertising Campaign
+---------------------------+ TM
| | | | | | | |
| d | i | g | i | t | a | l | I n t e r o f f i c e M e m o
| | | | | | | |
+---------------------------+
To: SCO Employees Date: 9 November 1993
From: Ed Caldwell
Dept: Semiconductor Operations
Ext: 225-5036
L/MS: HLO2-2/M12
Node: SHARE::CALDWELL
Subject: Advertising Campaign
On Wednesday, November 10, we will launch a major advertising campaign
positioning Alpha AXP microprocessors as the highest performance, no
compromise choice for running Windows NT. This campaign will kick-off in
the U.S. with a 3-page ad in the Wall Street Journal. Our strategy
is to create market awareness among business leaders, design engineers,
power users, ISVs and IS managers, and to surround PC vendor decision
makers with a positive market presence for Alpha AXP microprocessors.
In addition to the Wall Street Journal, the ad will run on an ongoing
basis in Business Week, Upside, EDN, EE Times, Electronic Design, Electronic
Business Buyer, Computerworld, InformationWeek, Datamation, CIO, Byte, PC
World, PC Week, Infoworld, Dr. Dobb's Journal, Windows Sources and Microsoft
Systems Journal. Our goal is to expand the advertising campaign to key
markets in Europe and APA in Q3, as well as to continue the U.S. program.
This advertising program is part of our ongoing communications program to
aggressively promote Alpha AXP microprocessors and Digital's commitment to
the merchant semiconductor business. We will provide updates on our progress
on a regular basis.
Regards,
Ed Caldwell
|
92.1630 | ...this just in... | NAC::TRAMP::GRADY | Short arms, and deep pockets... | Wed Nov 10 1993 18:30 | 25 |
| I guess Big Bob heard the rucous about his recent raise:
From the DIGITAL VIDEO NETWORK:
DATE: November 15, 1993
TIME: 3:00 - 4:00 PM
LOCATION: LKG Cafeteria
VIDEOTAPE: A videotape of this broadcast will be
available from the LKG library on Nov. 16.
---------------------------------------------------------------------------
Q2 EMPLOYEE FORUM
The Q2 Employee Forum DVN, hosted by Bob Palmer, will be broadcast over the
Digital Video Network on Monday, November 15, 1993, at 3 P.M., Eastern Time.
The program will be videotaped at the European Headquarters in Geneva,
Switzerland. Bob will speak to an employee audience and answer questions at the
end of his talk. The program is expected to last approximately one hour.
Bob will provide an update of where the company stands in its transformation
efforts. Other anticipated topics include the new unified Product Marketing
organization; criteria for hiring senior-level employees from other companies;
Digital's re-statement of its core values; and Bob's comments about his recent
salary increase.
|
92.1631 | | TPSYS::CLARK | Can you picture what will be? | Wed Nov 10 1993 20:16 | 10 |
| >Bob's comments about his recent
>salary increase.
Actually there was an article in the Sunday (or was it Sat.?) Nashua Telegraph
about Bob, in which it was stated that his increase was due to his salary being
"compared to other computer industry executives and adjusted accordingly."
I'm not sure if this was being stated as his own explanation. Monday's DVN
broadcast will be interesting.
- dc who would be happy to be paid with sunshine and lollipops
|
92.1632 | | POWDML::MACINTYRE | | Thu Nov 11 1993 10:53 | 11 |
| Heard on the radio this morning:
"Just once I'd like to get a paycheck that doesn't look like an
allowance!"
Sort of sums it up from my perspective.
Marv_who's_looking_ahead_to_a_very_modest_Christmas
|
92.1633 | | MKOTS3::GRONTO::JayJ | Dancing Madly Backwards | Thu Nov 11 1993 11:06 | 6 |
| >- dc who would be happy to be paid with sunshine and lollipops
Sorry.
We have only clouds and popsicle sticks.
The Management
|
92.1635 | | POWDML::MACINTYRE | | Thu Nov 11 1993 13:08 | 8 |
| Jeeze Carol,
You get paid THAT much? Where do I sign up for Librarian school?
:-)
Marv
|
92.1636 | | SUBPAC::MAGGARD | Careful with that AXP Eugene! | Thu Nov 11 1993 14:03 | 6 |
|
I'd like to see the Board of Directors pay Digital EMPLOYEES comparable
to the 'industry average.'
- jeff_speaking_for_his_coworkers
|
92.1637 | | TERAPN::PHYLLIS | in the shadow of the moon | Tue Nov 16 1993 13:39 | 8 |
|
So, guess who's coming to our office tomorrow? For a "tell us how you
like the service" rap session. Thomas Cook and representatives from
our corporate travel.
Come early for the best viewing seats. :-)
|
92.1638 | :-) | CSCMA::M_PECKAR | that would be something | Tue Nov 16 1993 13:46 | 2 |
|
I thought Thomas Cooke died in 1843?
|
92.1639 | | TERAPN::PHYLLIS | in the shadow of the moon | Tue Nov 16 1993 13:47 | 4 |
|
well, that would explain the level of service we get. :-)
|
92.1640 | We get this, but taking college courses needs a VP signature | CSCMA::M_PECKAR | that would be something | Wed Nov 17 1993 18:33 | 29 |
|
From: CSCMA::MPGS::ADMIN "17-Nov-1993 1324" 17-NOV-1993 13:40:48.25
To: @SHRSITE
CC: ADMIN
Subj: SHR1 ATM Awareness Day
+---------------------------+ TM I N T E R O F F I C E M E M O R A N D U M
| | | | | | | |
| d | i | g | i | t | a | l | Date: November 17, 1993
| | | | | | | | From: Janet Stanisz
+---------------------------+ Dept: Digital Credit Union
Enet: 237-2177
DCU will be holding an ATM Awareness Day on Monday,
November 22, 1993 from 7:00 AM to 9:30 AM in the lobby
of SHR1. Coffee and Munchkins will be served. Come
see how convenient it is to use the ATM.
If you have any questions, call Janet at ext. 2177.
|
92.1641 | | SUBPAC::MAGGARD | Careful with that AXP Eugene! | Wed Nov 17 1993 18:41 | 10 |
|
Hey!!!
Asynchronous Transfer is the wave of the future!!!
;-)
|
92.1642 | TWO HOURS?? Copier Awareness: I copy, therefore I am! | USABLE::SPINE | | Wed Nov 17 1993 19:00 | 8 |
| Jeesh, all we get in Spit Brook is "Copier Awareness Day"!
And, darn it all, I missed it! I was really really looking forward to
attending one of the TWO HOUR "Copier Awareness" presentations in the
Babbage Auditorium, but I missed 'em all. I think I was too busy
searching for a copier that was working... :-)
tms
|
92.1643 | | TPSYS::CLARK | Can you picture what will be? | Wed Nov 17 1993 19:30 | 5 |
| Free coffee and Munchkins(tm) ??
I'm there!
- DC
|
92.1644 | where????? | CASDOC::ROGERS | peripheral visionary | Wed Nov 17 1993 19:31 | 4 |
| >>searching for a copier that was working... :-)
If you know of one, could you share its location. I promise not to
tell too many people...
|
92.1645 | | 8817::BARNES | | Thu Nov 18 1993 17:48 | 1 |
| we got "Pork made to look like other things" awareness day here....
|
92.1646 | | 33593::PHYLLIS | in the shadow of the moon | Thu Nov 18 1993 18:12 | 6 |
|
every so often we here in NY get pissed that we don't have a cafeteria.
It's nice to know I can always come in here and get over that feeling.
;-) :-) ;-)
|
92.1647 | tobin's - don't worry, you're not missing much... | 6214::FROMM | It's hard to care about a don't care. | Thu Nov 18 1993 18:20 | 5 |
| > every so often we here in NY get pissed that we don't have a cafeteria.
is that normal for offices in NY?
- rich
|
92.1648 | | TERAPN::PHYLLIS | in the shadow of the moon | Thu Nov 18 1993 18:30 | 7 |
|
for Digital offices in NY it is. None of them have a cafeteria.
There's one in this building that belongs to the Equitable that we can
eat at, but it's not subsidized for non-Equitable employees so it's
almost as expensive as a regular deli.
|
92.1649 | | 8817::BARNES | | Thu Nov 18 1993 18:34 | 8 |
| I do not recommend eating in the DEC cafe in Colorado...any of them.
This is not an attempt to discredit the cafe peoples here, just a
statement from my sensitive (and getting more so the older I get)
stomach, ie: not an attack on the cafe.
rfb
I was just kiddin about the "pork look like other things"
|
92.1650 | singlehandly, I changed the caf! | MKOTS3::ROBERTS_CR | dust off those rusty strings | Thu Nov 18 1993 18:46 | 20 |
| speaking of cafeterias, the one here in MKO has finally bowed to my
relentless pressure of the penny. For 6 years i have refused to have any
pennies available for my purchases. like, the sandwich is 1.45 and with tax
(in NH) the register price is 1.6137321. so i make them give me change -
a questionable stand I admit since it slows me down and everyone behind
me AND loads up my change purse...but hey, I have my standards. I felt
that with all the wonders of modern science, a caf in a computer
company could figure out their food pricing so that when tax was added,
it would come out even. Like they do with coffee. total for 12 oz
coffee: .50.
so NEWAY, starting next monday (DRRRRRRRRRUM rolllllll please), all
purchases will be rounded to the nearest nickel.
It's great to know that one person canmake a difference these
daze...even if it did take 6 years...
carol
|
92.1651 | | 8817::BARNES | | Thu Nov 18 1993 18:49 | 1 |
| somebody in MKO buy Carol a cup of coffee!!!!
|
92.1652 | :-) | SUBPAC::MAGGARD | Careful with that AXP Eugene! | Thu Nov 18 1993 18:55 | 2 |
|
and pay for it in pennies!
|
92.1653 | | MKOTS3::ROBERTS_CR | dust off those rusty strings | Thu Nov 18 1993 18:55 | 7 |
|
hey I can't be bought off that easily
Carol_tilting_at_cafeteria_rules
|
92.1654 | styrofoam sucks | 6214::FROMM | It's hard to care about a don't care. | Thu Nov 18 1993 18:59 | 8 |
| > It's great to know that one person canmake a difference these
> daze...even if it did take 6 years...
you wanna come down to HLO and persuade them to stop using polystyrene?
even for the trays ... :^(
- rich
|
92.1655 | :-) | MKOTS3::ROBERTS_CR | dust off those rusty strings | Thu Nov 18 1993 19:05 | 5 |
| RE: .1654
sure - today i can do anything...i'm in manic mode.
|
92.1656 | Ship it out west...they have LOTS of room!!! | CARROL::YOUNG | where is this place in space??? | Thu Nov 18 1993 19:12 | 6 |
| Hey...i thought Tobins was touting the new styrofoam trays and cups
as 'totally recyclable'...at least that was some sort of BS we were
given here at MLO???? So what's the scoop??? Are they recycling this
stuff or just burying it in a landfill out in Colorado....
Giv'em hell rfb....
|
92.1657 | 'somewhat' recyclable, but not 'totally' | SUBPAC::MAGGARD | Careful with that AXP Eugene! | Thu Nov 18 1993 19:16 | 7 |
| re: styrofoam trays and cups as 'totally recyclable'
It's BS. Unless the FDA has changed it's rules, you can't recycle
food-containing plastics back into food-containing plastics. While you
_can_ recycle the stuff, it's limited to non-food uses.
- jeff
|
92.1658 | cafe stuff and recycling | JUNCO::DWEST | choose wisdom over intelligence... | Thu Nov 18 1993 19:32 | 14 |
| re: foam trays
the foam trays and cups used in hlo now are different from the old ones
so it's fair to say that some progress has been made... i think the
ones now are CFC-free or something... made differently from the old
foam we used to use...
as for recycle-ability, the trays can be made into new trays, and cups
can be made into new trays since trays don't actually "contain" food...
the stuff does get recycled here... i used to have some numbers on
how much material HLO recycles but i can't find them now... :^( it's
TONS of stuff... can't remember the percentages though...
da ve
|
92.1659 | | AWECIM::RUSSO | claimin! | Thu Nov 18 1993 20:09 | 7 |
|
I think Tobins recycles the trays into the food that they server here
at HLO.....
8^P
Hogan
|
92.1660 | | CXDOCS::BARNES | | Thu Nov 18 1993 20:22 | 3 |
| I was waiting for that last one!
rfb
|
92.1661 | Uh oh... | LIOVAX::MERRILL | NY's got the ways and means | Thu Nov 18 1993 20:28 | 9 |
|
RE .1650
Hey Carol,
So does that mean they'll be rounding it *DOWN* to the nearest
nickel???
Troublemaking_Marc
|
92.1662 | | 6214::FROMM | It's hard to care about a don't care. | Thu Nov 18 1993 22:07 | 20 |
| > as for recycle-ability, the trays can be made into new trays, and cups
> can be made into new trays since trays don't actually "contain" food...
> the stuff does get recycled here...
i wasn't aware that the trays got made into new trays (are you positive of
this?); but the fact still is that the cups, plasticware, bowls, plates, etc.
will never be made into the same; which means more and more resources wasted
to make more polystyrene
i've never regularly eaten in a cafeteria before that doesn't use real dishes;
my elementary school, junior high, high school, college, and co-op cafeteria
ALL used real dishes; what's going on at HLO is pretty pathetic, imho
fwiw, i "transfered" a real tray from MRO to HLO, i've been using the same
"disposable" plastic bowl for about the past 6 months (for things that need
to be weighed), i have a re-usable hard-plastic cup and plate, and i use real
silverware; just because tobin's is wasteful doesn't mean that i want to be a
part of it
- rich
|
92.1663 | Sounds like a rationalization to me... | NAC::TRAMP::GRADY | Short arms, and deep pockets... | Fri Nov 19 1993 11:57 | 7 |
| What's the point of using recyclable trays, plates, cups, etc? Doesn't
it make more sense to use REAL trays, plates, cups, etc, that don't get
thrown out in the first place? Do they really need disposables at all?
Seems to me they'd be better off with good, ol' fashioned plates and cups.
tim
|
92.1664 | generic title | STRATA::DWEST | choose wisdom over intelligence... | Fri Nov 19 1993 12:08 | 20 |
| i'm not sure of EXACTLY what happens to the trays... only saying
that they CAN be made into trays legally... doesn't mean that the one
i throw away today will come back in a couple of weeks as a new tray...
:^) i was just trying to point out that the food service industry
CAN use it's own recycled stuff... it just depends on what the
application is... anything that food is stored/contained in mus tbe
virgin material... napkins, trays, place mats, etc do not...
i agree with you Rich, when you say it's pathetic the amount of waste
that gets generated from the cafe... the numbers i was looking for
also indicate that a large percentage of the waste generated on the site
if cafe trash... :^( still, from the perspective on someone who's
worked on this site for almost 10 years now (YIKES! i need anew job!
:^) it's nice to see that improvements and progress have been made...
corrugated carboard is recycled, paper recycled, cafe stuff recycled,
bottles and cans are returned for deposits and the cash is distributed
to needy families locally at the holidays... ALL this stuf used to be
trash...
da ve
|
92.1665 | space-the final frontier | STRATA::DWEST | choose wisdom over intelligence... | Fri Nov 19 1993 12:18 | 9 |
| Tim's note snuck in while i was writing mine...
one of the biggest reasons that is cited here a lot for not using
reusable trays cups plates etc here is space... every inch of space
is hotly contested here in HLO... the space needed for storage, washing
machines etc just isn't happening... 2100 employees use a lot of
trays, plates, silverware etc...
da ve
|
92.1666 | 'business' | SUBPAC::MAGGARD | Careful with that AXP Eugene! | Fri Nov 19 1993 12:48 | 13 |
|
re: space is a problem
ditto that...
...and I'll add the cost of the plates/dishes/glassware/ trays, the cost of
extra dishwashing machines, the costs of the storage racks, the cost of
paying people to clean, stack, and store them, etc., etc. makes it more
economical for them to use 'disposable' dishware.
:-|
- jeff
|
92.1667 | no food => no waste generated | GOOROO::DCLARK | I'm OK, you're dysfunctional | Fri Nov 19 1993 12:49 | 3 |
| best solution is to avoid the HLO cafe altogether. I only go there
for coffee, and then only because the coffee maker nazis shut down
my coffee connection :-)
|
92.1668 | The debate rages on... | POWDML::MACINTYRE | | Fri Nov 19 1993 12:52 | 13 |
| I think the debate is still on over whether using recyclable materials
is superior or inferior to using "real" stuff like trays and cups.
The cost and use of the necessary hot water and soap and the disposal
of the gray water also utilize energy and other resources. Its similar
to the plastic -v- paper grocery bag issue.
We always ask for paper and reuse them for our household trash.
Wadda U think?
Marv
|
92.1669 | Another example of the efficiency 'scam'... | CARROL::YOUNG | where is this place in space??? | Fri Nov 19 1993 13:04 | 4 |
| Oh that's a good one...so fill up the landfills why don't we to save a
little space...capitalism at it's greatest...we don't want to be
burdened with the cost of space so we transfer the burden to society...
|
92.1670 | | NAC::TRAMP::GRADY | Short arms, and deep pockets... | Fri Nov 19 1993 13:40 | 12 |
| I tend to use real stuff whenever possible. E.g., I was using plastic
sponges in my kitchen - disposables. I decided to buy a few dish
clothes and 'recycle' them in my laundry instead....grey water is easier
to recycle than plastic sponges...
I still use paper plates and cups occasionally, but try to avoid it.
Aside from saving landfill space, it saves me a little work too...I
don't have trash pickup, so I have to haul it all to the transfer
station ('dump') myself. More disposables means more trips to the
transfer station for me...so once again, self-interest prevails! ;-)
tim
|
92.1671 | | QUIVER::SIEGEL | The revolution wil not be televised | Fri Nov 19 1993 16:06 | 9 |
| Here at LKG, they have china plates and some small china plates, but the bowls
are all foam. The silverware is metal, but they offer plastic if you decide to
take it. At the deli counter, they ask "for here or to go". For here they
give you china plates, to go they give you foam. I always say "for here" even
though I walk my tray back to my office to read notes (what I'm currently doing
:-)). I bring the tray, metal silverware, and china plate back to the caf the
next time (or leave it for the cleaning people who very nicely do it too).
adam
|
92.1672 | | ROCK::FROMM | It's hard to care about a don't care. | Sat Nov 20 1993 04:17 | 10 |
| > We always ask for paper and reuse them for our household trash.
i have 2 large canvas bags which i consistently re-use as shopping bags; i also
have a number of sturdy paper bags with handles that i re-use; beyond that, i
bring old supermarket bags back a few times each (until they eventually start
to fall apart)
if i'm ever getting just an item or a few, however, i won't take a bag
- rich
|
92.1673 | random | BIODTL::JC | Nothing like a good dose of the Dead | Mon Nov 22 1993 19:57 | 10 |
| Deb and I recycle more then 50% or our garbage at this point; we do the
canvass bag thing when getting food; we buy very, very little processed
food - more veggies then anything. when buying veggies, the only thing i
put in a plastic bag is bean sprouts! i see people putting single cucumbers
in plastic bags!! i use no bags for tomatoes, 'shrooms, peppers, lettuce, etc.
i have a pool of plastic bags at home we use until they're spent, then they
are recycled... not to mention, i now nearly exclusively keg my homebrew;
no bottle caps; no 60 bottles to clean, etc. here at TAY, they use the
disposable polysterine plates for everything.... shame... i do use a plastic
cup everyday for my drink though.
|
92.1674 | | CXDOCS::BARNES | | Mon Nov 22 1993 20:14 | 3 |
| nothin wrong with recycling beer bottles JC! (thru homebrewing I mean!)
rfb
|
92.1675 | life on the move.... | ROADKL::INGALLS | may the four winds blow you home again | Tue Nov 23 1993 14:58 | 8 |
|
The past couple of months we've reduced our garbage over 50%....
We've been eating out twice as much ;^/
Glennnnn_recycling cans , bottles, some cardboard and uses the
same cup for his coffee every day
|
92.1676 | | BIODTL::JC | Nothing like a good dose of the Dead | Tue Nov 30 1993 13:48 | 8 |
| OK, anyone wanna guess what the ESPP price will be for this period? We buy
today.
My guess:
$31.50
|
92.1677 | | TERAPN::PHYLLIS | in the shadow of the moon | Tue Nov 30 1993 13:52 | 5 |
|
I thought we buy tomorrow? Right now we're at 36 7/8 so assuming we
stay flat today 31.50's a fair guess.
|
92.1678 | VTX IS indicates tomorrow is purchase date | CTHQ::DWESSELS | | Tue Nov 30 1993 13:58 | 1 |
|
|
92.1679 | Let's have some real fun... | CARROL::YOUNG | where is this place in space??? | Tue Nov 30 1993 14:37 | 11 |
| Now com'on...let's make this a little challenging...guessing the ESPP
price is cake...anyone wanna make a stab at when we can expect this
glorious paper to reach 60??? OK, OK...that's maybe a little too
tough...what about 50???
We almost got there 6 months ago...anyone wanna venture a guess as to
why the stock hasn't moved up since then??? i thought Alpha was a
great success and that our cost cutting measures were working...what
doesn't the market like about Digital...Bob's $1000 suits???
Dugo_who's_feeling_a_little_sarcastic_today
|
92.1680 | | BIODTL::JC | Nothing like a good dose of the Dead | Tue Nov 30 1993 17:02 | 20 |
| re: stock
i believe we buy tomorrow at today's fair market value - FMV = the average
price for today. everyone who's queued a sell order sells their lot
tomorrow morning, probably at less then 15% of what you bought it at 'cuz
the market gets flooded with sell orders which depresses the price....
i'll dump mine before the end of the year...
> <<< Note 92.1679 by CARROL::YOUNG "where is this place in space???" >>>
> -< Let's have some real fun... >-
>
> We almost got there 6 months ago...anyone wanna venture a guess as to
> why the stock hasn't moved up since then??? i thought Alpha was a
we have not proved that we can generate a profit for more then 1 quarter in
a row. once we can do this, maybe our stock will go up; until then, the
low 40s should be considered high.
fwiw, value line, which is a company that rates stocks, predicts dec will
be 80-130 in the 3-5 yr range. BIIYNI.
|
92.1681 | | AKOCOA::SMITH_D | twenty four and there's so much more | Tue Nov 30 1993 18:37 | 5 |
|
It appears as though tomorrows price will be lower than it was
last June 1, therefore looks like tomorrow is it.
36 3/4 at this very moment.
|
92.1682 | | TERAPN::PHYLLIS | in the shadow of the moon | Tue Nov 30 1993 19:52 | 4 |
|
closed at 36 7/8
|
92.1683 | | GNPIKE::HANNAN | Beyond description... | Tue Nov 30 1993 19:53 | 17 |
| I'm planning on selling mine *after* Dec 31st so that I won't
get hit with taxes until next year. At least that's what I've
been planning, but on second thought I wonder if this is true,
or how significant the savings would actually be.
I guess I'm taxed on the 15% discount benefit for the 93 tax year
regardless.
If I sell in '93 and take a loss, then I can deduct the loss for '93.
If I sell in '93 and take a gain, then I'm taxed on the gain for '93.
So by waiting till '94 to sell I'm only postponing the taxes I'll have
to pay on any gains (if any :-/).
Does this sound about right ?
/Ken
|
92.1684 | UIIYNILIIYD.... | CARROL::YOUNG | where is this place in space??? | Wed Dec 01 1993 10:59 | 14 |
| This is my understanding....
If you hold onto the stock for 18 months the 15% is not included into
your taxable income and you can pay/deduct capital gains/losses based
on the FMV at purchase using the 'long term' capital gains rate.
If you sell before 18 months, the 15% is included in your taxable
income as compensation and you have to use the higher 'short term'
capital gains rate to factor in any capital gain/loss.
Make sense??? From my perspective, i'd do everything possible to hold
onto the stock for 18 months....
Dugo
|
92.1685 | | STUDIO::IDE | Time is generous. | Wed Dec 01 1993 12:05 | 15 |
| re .1683
It all depends on what your goal is. For instance, I already sold a
bunch of stock this year for a mortgage refinance, so I'm waiting 'til
'94 to sell this buy. Another advantage of selling early in '94 is
that you get the money tax free for 11 months vs. 1 if you sell now; a
consideration if you roll the proceeds into a good investment. As
always, eventually you pay.
Also, it's important to remember that the 15% discount is taxed as
ordinary income in the year you sell, and does not effect capital gains
or losses. Sell now, and you'll have a minimal gain or loss, but
you'll be taxed on the 15%.
Jamie
|
92.1686 | taxing my brain | GNPIKE::HANNAN | Beyond description... | Wed Dec 01 1993 12:33 | 7 |
| Thanks for the info. I didn't realize the 15% benefit was
taxed the year you *sell*. I'll wait till '94 to sell then.
My goal in selling ? To create a positive balance in my DCU
account... and spend spend spend ;-)
/Ken
|
92.1687 | advice worth what you paid for it | BIODTL::JC | Nothing like a good dose of the Dead | Wed Dec 01 1993 13:17 | 20 |
| Ken & others -
another alternative if you own higher-priced shares is to balance the gain
from the Dec1 sale out with some of your higher-priced shares. so, if the
sale of today's purchase yeilds a profit of $400, sell some higher priced
shares to make a loss of $400. MASS really _screws_ you for short-term
gains at the tune of 12% !! and, you cannot use losses to lower your tax
obligation to MASS like you can for the gov't (read: the Feds finance people's
losses, pretty cool, eh?).
- - - - -
some financial folks will advise you to always put off paying taxes for as
long as possible. what does this mean? sell your highest-priced shares
first. so, if you bought 50 shares today and you planned on selling 50 shares,
and you also have 50 shares that you bought in the 70s, sell the the ones you
got in the 70s first... take the loss, deduct it from your income on your
fed taxes. but, for folks living in MA, i think it is more wise to balance
gains with losses. that is what i'm going to do...
|
92.1688 | | CXDOCS::BARNES | | Wed Dec 01 1993 13:30 | 4 |
| I always sell mine as soon as i get 'em and go buy sleeping bags, lift
kits, fanny/back packs and other useless toys....
rfb
|
92.1689 | December 1, 1993 ESPP purchase price | TERAPN::PHYLLIS | in the shadow of the moon | Wed Dec 01 1993 13:31 | 4 |
|
the purchase price was indeed $31.50
|
92.1690 | | AKOCOA::SMITH_D | twenty four and there's so much more | Wed Dec 01 1993 16:06 | 3 |
|
Will they send us some sort of document of ownership now that
the stock has officially been purchased?
|
92.1691 | | CXDOCS::BARNES | | Wed Dec 01 1993 16:23 | 1 |
| ya..toilet paper
|
92.1692 | re -.1 Ha! | CSCMA::M_PECKAR | that would be something | Wed Dec 01 1993 16:28 | 10 |
|
> If you hold onto the stock for 18 months the 15% is not included into
> your taxable income and you can pay/deduct capital gains/losses based
> on the FMV at purchase using the 'long term' capital gains rate.
True.
Also, When you sell EPP shares, its by LIFO, i.e., the oldest shares you
have get sold first.
|
92.1693 | you SW guys don't know nuttin' | PONDA::WEDOIT::BELKIN | the slow one now will later be fast | Wed Dec 01 1993 16:36 | 7 |
| >Also, When you sell EPP shares, its by LIFO, i.e., the oldest shares you
>have get sold first.
whattaminute here! "the oldest shares you have get sold first" would be
FIFO, first in first out!
Josh_hardware_geek
|
92.1694 | | CSCMA::M_PECKAR | Don't surround yourself with yourself | Wed Dec 01 1993 16:38 | 4 |
|
whoops!
software_engineer_wannabe_NOT
|
92.1695 | any out | NECSC::PECKAR | One happy camper | Wed Dec 01 1993 18:40 | 5 |
| Not too pick on my honey or anything...
but ESSP will sell whichever shares you want them to
(oldest, newest, specific dates etc).
Rache
|
92.1696 | ;-) | QUARRY::petert | rigidly defined areas of doubt and uncertainty | Wed Dec 01 1993 20:33 | 3 |
| Would the ubiquitous "Don't follow Fog!" apply here?
PeterT
|
92.1697 | | STRATA::DWEST | choose wisdom over intelligence... | Thu Dec 02 1993 14:33 | 3 |
| absotively and posolutely... :^)
|
92.1698 | bingo! | BIODTL::JC | Nothing like a good dose of the Dead | Fri Dec 03 1993 01:25 | 9 |
| re <<< Note 92.1690 by AKOCOA::SMITH_D "twenty four and there's so much more" >>>
> Will they send us some sort of document of ownership now that
> the stock has officially been purchased?
they just send you your stock account statement, kinda like a bank statement
except the currency is stock. you can also call investor services and using
a your pin #, you can get account balances, sell stock, etc...
|
92.1699 | | AKOCOA::SMITH_D | twenty four and there's so much more | Fri Dec 03 1993 11:51 | 4 |
|
Sh$t!
I forgot my pin # :-}
|
92.1700 | ? | BUSY::IRZA | dance along the edge | Fri Dec 03 1993 12:09 | 5 |
|
i don't recall if i ever was assigned a PIN #. how do i find out?
^dave
|
92.1701 | | GNPIKE::HANNAN | Beyond description... | Fri Dec 03 1993 13:14 | 10 |
| re; <<< Note 92.1700 by BUSY::IRZA "dance along the edge" >>>
> i don't recall if i ever was assigned a PIN #. how do i find out?
It $hould be on the $tatement of owner$hip that wa$ ju$t talked
about, in the upper right hand corner.
/Ken
|
92.1702 | So Many Numbers... | BINKLY::CEPARSKI | From the Dark End of the Street | Fri Dec 03 1993 15:05 | 3 |
|
Or ya can call Investor Services and have them send ya your pin number
to your home address. I forget the phone # right now tho.
|
92.1703 | 8^) | BUSY::IRZA | dance along the edge | Fri Dec 03 1993 15:25 | 6 |
|
thanx for the IS PIN# info!!! (DEC IS touchtone # is DTN 223-6000
(508)493-6000)
^dave
|
92.1704 | | BIODTL::JC | Nothing like a good dose of the Dead | Fri Dec 03 1993 15:45 | 4 |
| or, if yer dying to nkow how many shares ya bought, take the amount for the
stock plan from last week's paycheck, divide it by 31.50, and truncate.
|
92.1705 | They don't give me enough vacation... :-) | SUBPAC::MAGGARD | Careful with that AXP Eugene! | Tue Dec 07 1993 13:54 | 89 |
|
Got this one in da mail this am...
- jeff
----------snip----------
[9 levels of forwards deleted]
From: MLMAIL::MLMAIL::MRGATE::"PNDVUEA1::FARRAHAR.DICK" 6-DEC-1993
11:36:55.11
From: NAME: Dick Farrahar
FUNC: Human Resources
TEL: 223-7738 <FARRAHAR.DICK AT PNDVUEA1 at MLMAIL at MLO>
To: See Below
From: NAME: Bob Palmer @MLO
FUNC: PRESIDENT AND CEO
TEL: 223-6600 <PALMER.BOB AT PNDVUEA1 at MLMAIL at MLO>
Date: 06-Dec-1993
Posted-date: 06-Dec-1993
Precedence: 1
Subject: Voluntary Vacation Program 1
To: See Below
***** Please distribute throughout your organization *****
In response to suggestions by employees and managers and in an effort to
support profit goals in Q2, I am asking you to encourage your employees to
take time off during the weeks of December 19th and December 26th. This
program is voluntary in nature and will allow employees to have vacation
time flexibility during the holiday season.
This program must be effectively communicated and managed, ensuring
continuity of revenue generation, customer support, and other mission-
critical activities during this time. Attached you'll find a listing of
the major points describing the program, which can be used in communicating
to your employees.
All employees who wish to use their accrued vacation time and their unused
personal holidays must submit their time cards the week before they intend
to take vacation. It is critically important that this occur for the
program to positively impact Q2 profit goals. Additionally, during these
two weeks, employees will also be given the option of taking days off
without pay, if they wish.
We expect that many employees will respond positively when they understand
how they can support the profit goals of the company, while at the same
time being able to spend time with family and friends during the holiday
season. Profit goals are supported by reducing accrued vacation time and
favorably impacting payroll expenses.
Please review the above with your direct reports, noting that they must
communicate this message within their organizations, while reinforcing that
revenue-related and mission-critical work is supported during the holidays.
Thank you for your support in managing this effort.
Key Points
Voluntary Vacation Program
* Program effective dates are the weeks of December 19 and 26.
* Mission-critical work, revenue generation, and customer support must
continue.
* Time off for employees not involved in the above work is encouraged
and approved during these weeks.
* The program is voluntary in nature.
* Profit goals are supported when accrues vacation is reduced and
payroll expenses are eliminated.
* Accrued vacation, personal holidy, or time off without pay can be
taken during this period.
* It is critically important that time cards are submitted the week
before the employee intends to take vacation.
To Distribution List:
[deleted]
|
92.1706 | | CXDOCS::BARNES | | Tue Dec 07 1993 14:17 | 4 |
| unfortunately the response amongst the masses is that the more acured
Vac time you have at TFSO time, the better.
rfb (who plans on PARTIES!!! for the holidazes)
|
92.1707 | sounds good to me | ROCK::FROMM | It's hard to care about a don't care. | Tue Dec 07 1993 14:36 | 9 |
| > * Accrued vacation, personal holidy, or time off without pay can be
> taken during this period.
so does that mean that i can take the whole week off, without pay, and without
using any vacation days?
i'd go for that...
- rich
|
92.1708 | | SUBPAC::MAGGARD | Careful with that AXP Eugene! | Tue Dec 07 1993 14:38 | 13 |
| > > * Accrued vacation, personal holidy, or time off without pay can be
> > taken during this period.
>
> so does that mean that i can take the whole week off, without pay, and
> without using any vacation days?
>
> i'd go for that...
I'm looking into it myself!
:-)
- jeff
|
92.1709 | | BINKLY::DEMARSE | Mean people suck | Tue Dec 07 1993 14:58 | 3 |
| Not me....I need all the Christmas $$$ I can get....:-)
:), danielle
|
92.1710 | Help make YOUR co. profitable---take a vacation! | MAGPIE::SAMILJAN | | Tue Dec 07 1993 16:13 | 6 |
| I don't know...seems to me that if you're so anxious to take time off
without pay just so you can save vacation time, well, you must be
makin' too much money in the first place. ;-{)
Bud (who *wishes* he could take time off without pay)
|
92.1711 | oxygen must be thin at higher levels | SSGV01::GPEACE::Strobel | Psychotic Friends Network | Tue Dec 07 1993 16:21 | 5 |
| So, if the concern for profit is great enough to ask/offer unpaid
leave or use of vacation, where was the concern when the big executive raises
and bonuses were being doled out?
Do as they say, not as they do
|
92.1712 | | CXDOCS::BARNES | | Tue Dec 07 1993 16:24 | 4 |
| kinda thought the same thing Geoff, it amazes me the people in the DEC,
er Digital Notes file, that defend the practices you mentioned!!!
rfb
|
92.1713 | If the surfs up, go surfin! | SUBPAC::MAGGARD | Careful with that AXP Eugene! | Tue Dec 07 1993 16:48 | 16 |
|
> I don't know...seems to me that if you're so anxious to take time off
> without pay just so you can save vacation time, well, you must be makin'
> too much money in the first place. ;-{)
Yabbut, we young-farts don't have a wife, kids, or house to feed. ;-)
- jeff_footloose_and_fancy_free_
(for_now)_and_thinkin'_about_
takin'_advantage_of_the_all_too_
silly_policies_of_Digital's_
upper_management!___But_actually_
I_should_be_saving_up_for_when_
I_do_have_bills_so_I_don't_go_
broke_then_..._NNNAAAAAAHHHH!!!!__:-)
|
92.1714 | | ROCK::FROMM | It's hard to care about a don't care. | Tue Dec 07 1993 16:58 | 7 |
| > I don't know...seems to me that if you're so anxious to take time off
> without pay just so you can save vacation time, well, you must be makin'
> too much money in the first place. ;-{)
or have too little vacation time
- rich
|
92.1715 | | CSCMA::M_PECKAR | That would be something | Tue Dec 07 1993 17:07 | 6 |
|
Just remember, some companies which are in financial trouble _force_ this
sort of thing. I'm not saying we're lucky, on the contrary, the fact that
we are in the position of management asking to take time off w/out pay is
very sad, and I guess it would take around 250 DEC employees taking the
week off just to cover that infamous BP raise...
|
92.1716 | | ONE900::HUGHES | Samurai Couch Potato | Tue Dec 07 1993 17:27 | 12 |
| I do not understand how encouraging employees to take paid vacation alters
profit, but I suppose that is just another on the steadily increasing list
of things about Dec, er, Digital that I do not understand.
Several jobs ago, the computer center was routinely powered down from Dec 23 to
Jan 3 or 4. Since it was involuntary, we got paid and it didn't count against
vacation. Of course this was Australia and is really just ackowledging that
the country is basically closed then. Someone could invade Australia in that
week and no one would notice, unless they messed with cricket or interrupted
beer shipments. I alway get homesick around xmas...
gary
|
92.1717 | | CXDOCS::BARNES | | Tue Dec 07 1993 18:05 | 9 |
| hey Gary, isn't that prime toad-licking season in Oz also????
many %^)'s
rfb
|
92.1718 | | AKOCOA::SMITH_D | twenty four and there's so much more | Tue Dec 07 1993 18:19 | 9 |
|
I could think of a few *much* better times they could have given us
this option....er..say the last 2 weeks of Sept.....or..heh heh,
perhaps the last week of March....ah hell, how about the month
of June!!!!!
Deane_who_is_thinking_about_tours_instead_of_christmas_stress_syndrome
|
92.1719 | i wonder if anyone has looked at the costs for this... | CARROL::YOUNG | where is this place in space??? | Tue Dec 07 1993 18:34 | 15 |
| Yano...this kinda reminds me of the Tuition Policy, the Mill Closure
Policy, the Vacation Cap Policy and the......
Well you get the drift....seems to me the administrative costs of
having to figure out stuff like how to adjust ESPP, SAVE, METPAY,
HMO's, Taxes, SS and the like would far outweight the savings from a
few hundred folks taking unpaid leave for a week....
Then again, i'm sure they've factored all these costs into the HUGE
savings they're looking at...i mean this is a computer company,
isn't it????
Dugo_who_doesn't_normally_have_a_clue_but_is_wondering_about_this
|
92.1720 | Bob's memo just was a copy cat of my vacation request. | SLOHAN::FIELDS | Strange Brew | Tue Dec 07 1993 18:57 | 5 |
| Hey people ! we get paid holidays for Dec 24, 27, & 31...right ? so if
you're gonna take the 28, 29, &30 off (like I had planned to do anyway)
you get a ten day vacation from this maddness !!!!!
Chris
|
92.1721 | | ONE900::HUGHES | Samurai Couch Potato | Tue Dec 07 1993 18:59 | 13 |
| re: hey Gary, isn't that prime toad-licking season in Oz also????
:-)
Only if you live behind the banana curtain, aka Queensland where cane toads
tend to be in plague proportions about then. Once upon a time, etc, some
idiot imported them because they were 'cute'. They got loose and did what
cane toads do in the absence of predators.
Hmmm. Given all the noise about toad licking, maybe they DO have a natural
predator now.
gary
|
92.1722 | | ROCK::FROMM | It's hard to care about a don't care. | Tue Dec 07 1993 19:42 | 14 |
| > Hey people ! we get paid holidays for Dec 24, 27, & 31...right ? so if
> you're gonna take the 28, 29, &30 off (like I had planned to do anyway)
> you get a ten day vacation from this maddness !!!!!
that's basically the way that i look at it; if i take 4 unpaid days in addition
to the 3 vacation days i was gonna take anyway, i can get outta here for
a total of 16 calendar days; that's as long as i could do with an entire
year's worth of vacation (us lowly peons only get 2 weeks/year), and it only
costs me 3 vacations days
not to be too selfish, but at this point i care more how it affects me than
what it means for the company
/rich
|
92.1723 | | BIODTL::JC | Nothing like a good dose of the Dead | Tue Dec 07 1993 21:18 | 16 |
| re <<< Note 92.1716 by ONE900::HUGHES "Samurai Couch Potato" >>>
>I do not understand how encouraging employees to take paid vacation alters
>profit, but I suppose that is just another on the steadily increasing list
>of things about Dec, er, Digital that I do not understand.
Vacation time is a liability on the balance sheet. If I quit DEC, they have
to pay me vacation hours * hourly wage. They have to do this for all
employees. Chosing not to take vacation, the liability remains, however,
if you take vacation, the liability decreases because there is less vacation
time.
My own analysis is this: if mgmt is asking us to take vacation time to
help profitability, Q2 must be looking like crap. then again, perhaps it
is borderline and if enough people do the vaca time thing, maybe we have
a + qtr. I believe the former more then the latter.
|
92.1724 | | TERAPN::PHYLLIS | in the shadow of the moon | Wed Dec 08 1993 13:25 | 4 |
|
from what I hear, Q2 is indeed looking like crap.
|
92.1725 | | ONE900::HUGHES | Samurai Couch Potato | Wed Dec 08 1993 14:24 | 5 |
| Despite having ported and/or written several accounting packages, I still
do not understand that kind of logic (which is probably why I only lasted 6
months in that job :-) )
gary
|
92.1726 | number for node? | MKOTS3::ROBERTS_CR | dust off those rusty strings | Wed Dec 08 1993 16:57 | 5 |
| how do I figure out what number is assigned to my node? THis was
explained to me once and I need to see if I can remember it this time.
thanks
|
92.1727 | NCP command | NECSC::LEVY | A song that's born to soar the sky | Wed Dec 08 1993 17:11 | 15 |
| $ mc ncp show executor
Node Volatile Summary as of 8-DEC-1993 14:07:48
Executor node = 28.552 (EZWIND)
State = on
Identification = DECnet for OpenVMS VAX V6.0
$ a = 28*1024 + 552
$ show symbol a
A = 29224 Hex = 00007228 Octal = 00000071050
|
92.1728 | | MKOTS3::ROBERTS_CR | dust off those rusty strings | Wed Dec 08 1993 17:17 | 4 |
|
yo Prob! Is that last reply meant for ME :-}
executor, yet
|
92.1729 | yep | NECSC::LEVY | A song that's born to soar the sky | Wed Dec 08 1993 18:35 | 5 |
| > yo Prob! Is that last reply meant for ME :-}
Absatively. Is it what you wanted?
dave
|
92.1730 | | MKOTS3::ROBERTS_CR | dust off those rusty strings | Wed Dec 08 1993 19:05 | 5 |
| yup - thanks - it's exactly right - can i assume that i can remove
the decible i mean decimal in the number? like it's 3.186 so it's
really 3186 if i use it for a node, yes?
c
|
92.1731 | | TPSYS::CLARK | Can you picture what will be? | Wed Dec 08 1993 19:12 | 7 |
| Nope, you take the number on the left side of the decimal point,
multiply it by 1024, then add the number on the right side of the
decimal point.
Now get back to work.
Mgmt.
|
92.1732 | MULTiply?? is that MATH? | MKOTS3::ROBERTS_CR | dust off those rusty strings | Wed Dec 08 1993 19:31 | 7 |
| re: .1731
awww come on, DC! Why do you KNOW that? Besides that's too much work for
someone who doesn't even balance her checkbook.
|
92.1733 | | TPSYS::CLARK | Can you picture what will be? | Wed Dec 08 1993 19:35 | 12 |
| Let VMS do the work! As Prob said
say you got 8.12
$ x = 8 * 1024 + 12
$ show symbol x
"I'm the operator on my pocket calculator
by pressing down a special key it plays a special melody"
-- Kraftwerk
"Pocket Calculator"
|
92.1734 | | MKOTS3::ROBERTS_CR | dust off those rusty strings | Wed Dec 08 1993 19:52 | 4 |
|
Well ok but will it balance my checkbook?
|
92.1735 | | CXDOCS::BARNES | | Wed Dec 08 1993 19:56 | 2 |
| the words "balance" and "checkbook" are never used in the same sentence
|
92.1736 | | TPSYS::CLARK | Can you picture what will be? | Wed Dec 08 1993 19:58 | 4 |
| Sure, it can do anything, it's *Open*VMS.
"I shall no longer be known as 'Calvin'; from now on, I will be called
'Calvin the Magnificient.'"
|
92.1737 | I think I hacked VMS for too long... | 30806::MIRASSOU | Old McDonald was dyslexic. I-E-O-I-E | Wed Dec 08 1993 23:18 | 53 |
| > <<< Note 92.1735 by CXDOCS::BARNES >>>
>
> the words "balance" and "checkbook" are never used in the same sentence
Ha! I balance my checkbook precariously upon the stack of unpaid bills
on my desk.
The reason for multiplying the area number by 1024 is rather
apocryphal...
The word DECnet breaks down in the following way:
D = Roman numeral 500 (base 10)
E = ASCII 69 (base 10)
C = Roman numeral 100 (base 10)
n = ASCII 110 (base 10)
e = ASCII 101 (base 10)
t = ASCII 116 (base 10)
----
996 (base 10)
Now, this ignores the fact that one should normally use "" as an access
string when specifying a DECnet address, so that servers may be reused,
Which means node addresses are correctly specified as 996"" unless an
actual username password pair is desired. Note that the :: is
considered a delimiter, and is thus ignored.
Anyone familiar with DCL knows that, once one begins using double quotes
(") and single quotes ('), the actual quotes used are INDETERMINATE.
Thus, for simplicitly's sake, the "" is considered to be simply a single
double quote (").
" = ASCII 34
Unfortunately, an old PDP hacker was assigned to complete the algorithm at
this point. Noting that all other values were explicitly base 10, but
the 34 was unspecified, he automatically assumed the 34 was base 8.
So he first converted the value to base 10 before performing the final
calculation.
34 (base 8) = 28 (base 10)
996 (base 10)
----
1024 (base 10)
An so, the value of 1024 was thereafter used when calculating the
numerical value of an (area).(address) pair.
Tomorrow we'll discuss the values which can be found in the
F(ailed) U(ni)B(us) A(ddress) R(egister).
|
92.1738 | | NECSC::LEVY | A song that's born to soar the sky | Thu Dec 09 1993 10:59 | 4 |
| John, John...how long has it been since you've been to a show?
Get that man a ticket, quick!
|
92.1739 | 2^10 | TPSYS::CLARK | Can you picture what will be? | Thu Dec 09 1993 12:02 | 3 |
| Geez, I always assumed it was just a power of two ...
- dc who bets Phyllis is really disappointed with him right now ;^)
|
92.1740 | ;-) | TERAPN::PHYLLIS | in the shadow of the moon | Thu Dec 09 1993 13:32 | 4 |
|
TRAITOR!!!!!!!!!!!!!!!!!!
|
92.1741 | | TPSYS::CLARK | Can you picture what will be? | Thu Dec 09 1993 15:03 | 4 |
| Hey, I don't give you a hard time when you talk about stock and quarter end
results and stuff like that! ;^)
- DC
|
92.1742 | | TERAPN::PHYLLIS | in the shadow of the moon | Thu Dec 09 1993 15:26 | 3 |
|
well, that's completely different. ;-)
|
92.1743 | | ESGWST::MIRASSOU | Old McDonald was dyslexic. I-E-O-I-E | Thu Dec 09 1993 17:11 | 12 |
| Have no fear! I've got tickets for the Oakland run next weekend. My
sanity may be saved.
ObWork: Don't know if this should go in the bad news or good news, or
neither. Our group is about to be hit by "rightsizing". Sounds like
about 30% or so. It's going to be made official Monday, but most
people are already pretty sure of whether they're going or staying.
Good news is that I'm not one of the one's going. (At least I think
it's good news. If they do this again in six months, I'd rather go now
and get the better package...)
|
92.1744 | | CSCMA::M_PECKAR | That would be something | Thu Dec 09 1993 17:22 | 2 |
|
Aren't the current packages the lowest allowable by law anywayz?
|
92.1745 | ??? | ESGWST::MIRASSOU | Old McDonald was dyslexic. I-E-O-I-E | Thu Dec 09 1993 17:46 | 6 |
| Don't know... Last rumor I heard was the next package was going to be
two weeks notice. (Though I thought Digital requested four weeks notice
if you were going to leave, but it isn't manditory).
We're in the 4 weeks plus 1 week for every year above 4 you've been
with the company plan.
|
92.1746 | | BIODTL::JC | Nothing like a good dose of the Dead | Thu Dec 09 1993 20:33 | 2 |
| I believe a company can lay you off with no pay/support... but not completely
sure on this. digital is just being "nice"
|
92.1747 | five is right out! | TPSYS::CLARK | Can you picture what will be? | Fri Dec 10 1993 13:00 | 144 |
| {headers removed}
From: CFSCTC::CERNESE "Dan Cernese, COHESION SEE Engineering, dtn 244-7023
08-Dec-1993 1332" 8-DEC-1993 13:33:22.39
To: @CFS$DIS:SE-COMP
CC: CERNESE
Subj: The stuff legends are made of...
Action Problem Last
Number Status Status Pri Owner Component Flags Age Updated
====== ====== ====== === ===== ======= ===== === =======
TSE-01033 SB UN 5 SMITH EFT1 16 8-DEC-1993
TEST SYSTEMS, INC. -Mumble ordinality apparently indefinite but may be infinite
[This update was sent from BILL HOLDEN on 22-NOV-1993 18:20]
[*/SEE Engineering responsible for next action, Problem is undefined]
REQUIRED INFORMATION
====================
Your name: Bill Holden
Your phone number: 603-595-1333
Product Suite: EFT1
Problem priority (1-5, 1 being most critical): 5
Can the customer reproduce the problem [Y/N]: Y
Can you reproduce the problem [Y/N]: Y
Customer's Company name: TEST SYSTEMS, INC.
Problem abstract (80 characters or less):
Mumble ordinality apparently indefinite but may be infinite. :)
OPTIONAL INFORMATION
====================
CPU type: SUN Sparc 10
Memory size: 64Mbytes
System disk: 2 GBytes
Other hardware configuration information: Swap space at 209Mb (+64Mb).
PROBLEM STATEMENT:
==================
EFT1 16.1.1 step 3.
In the test plan, a series is specified which ends "mumble,
mumble....". Since there are four periods specified, we have interpreted
this as an elipsis followed by a period to indicate an indefinite (but
finite) number of mumbles. However, it has occurred to us that the use
of a period may be consistent with designating an infinite (but
countable) number of mumbles. Furthermore, if an indefinite ordinality
was intended, an additional "mumble" could have been properly added
between the elipsis and the final period (ie, mumble, mumble, ...
mumble.). Perhaps this alternate form should be used in all cases where
an indefinite (vs. infinite) number of instances is required. :)
INSTRUCTIONS TO REPRODUCE PROBLEM
=================================
EFT1 16.1.1 step 3.
<<<<<<<<<<<<<<<<<<<<<<<PTT UNIT SEPARATION>>>>>>>>>>>>>>>>>>>>>>
[This update was sent from CERNESE on 23-NOV-1993 08:50]
[*/SEE Engineering responsible for next action, Problem is undefined]
[This update was NOT sent via mail or to any gateway/bridge]
Problem has been reassigned to TOM SMITH
<<<<<<<<<<<<<<<<<<<<<<<PTT UNIT SEPARATION>>>>>>>>>>>>>>>>>>>>>>
[This update was sent from SMITH on 8-DEC-1993 11:16]
[Problem submitter responsible for next action, Problem is undefined]
Thank you for your thoughtful and literate PTT. Some clarification is clearly
required.
Your confusion echoes a problem that has vexed philosophers for centuries. Like
some present day primitive tribes, early western civilizations had a counting
system that was limited to the concepts of "one", "two", and "many". We find
evidence of this throughout Western culture. In the Old Testament we find it in
the form of the holy number three, used to indicate divine completeness (as
opposed to the profane number seven that indicates earthly completeness). In
modern times it survives, among other places, in the three dots of the
ellipsis.
Arab philosophers, pondering the question "What comes before `one'," borrowed
the concept of "zero" from Indian cultures, but were then faced with the
perplexing question of "What comes after `many'?" The result of this
philosophical debate we now know as "infinity". These later developments,
however, were never clearly folded into the philosophical basis for the
ellipsis, which derives from the older and more limited notion of counting and
countability and its descendant concepts of completeness.
In his classic treatise on modern English usage, Fowler[1] uncharacteristically
sidesteps the issue, leaving us only to speculate on what his lucid and always
logical advice might have been. Fortunately, The Chicago Manual of Style[2], in
articles 10.42 through 10.44, is quite explicit on the specific subject of
ellipses at the end of a sentence:
10.42 Four dots -- a period, followed by three spaced dots -- indicate
the omission of (1) the last part of the quoted sentence,
(2) the first part of the next sentence, (3) a whole sentence or
more, or (4) a whole paragraph or more....
10.43 When four dots indicate the omission of the end of a sentence,
the first dot is the period -- that is, there is no space between
it and the preceding word. What precedes an ellipsis indicated by
four dots should be a grammatically complete sentence, either as
it is quoted or in combination with the text preceding it.
Similarly, what follows four dots should also be a sentence. In
other words, every succession of words preceding or following
four ellipsis points should be functionally a sentence....
10.44 Three dots -- no period -- are used at the end of a sentence that
is deliberately and grammatically incomplete:..."
The usage in question -- "Configure the SMTP and MHS routing tables/files,
mumble, mumble...." -- is, arguably, grammatically complete prior to the dots.
The four dots correctly indicate first that the preceding sentence is complete
and secondly that something is omitted afterward.
By these rules, we can deduce that one should configure the tables and files
and then, as would be expected, mumble exactly twice. Mumble ye not thrice nor
four times, but exactly twice. Neither shall ye mumble once but that ye proceed
then directly to twice. This is made clear by the first dot, which marks the
end of the sentence.
After mumbling, further instructions are omitted, as indicated by the remaining
three dots. Note that there are precisely three remaining dots, three being the
number of divine completeness. Therefore, this is a divine omission, and should
not be questioned. It should be taken as a matter of faith that what has been
omitted is, in fact, complete but cannot be revealed to mere mortals. We can
strive to discover its meaning, but we can never hope to attain perfect
knowledge. These are the mysteries of sendmail and Sun MHS.
We shall include this explanation in the next edition of the COHESIONworX
Theology Guide. We hope this satisfactorily answers your PTT.
______________________
[1] Fowler, H.W., A Dictionary of Modern English Usage, Second Edition, Revised
by Sir Ernest Gowers, Oxford: Oxford University Press, 1965
[2] Editorial Staff of the University of Chicago Press, The Chicago Manual of
Style, Thirteenth Edition, Chicago: University of Chicago Press, 1982
|
92.1748 | ? :') ? | SLOHAN::FIELDS | Strange Brew | Fri Dec 10 1993 13:04 | 1 |
| some days DC I don't know what the hell you're talking about !
|
92.1749 | | MKOTS3::JOLLIMORE | Tis the Season to be Jolli | Fri Dec 10 1993 13:28 | 2 |
| <--- SOME DAYS??
I *never* know what the h*ll he's talkin about. ;-)
|
92.1750 | and he's OURS!!!! | MKOTS3::ROBERTS_CR | dust off those rusty strings | Fri Dec 10 1993 14:07 | 4 |
| DC, DC, DC ... from some other planet, fershure.
gotta love it though :-)
|
92.1751 | it's the weather forecast | MILKWY::SAMPSON | Driven by the wind | Fri Dec 10 1993 14:13 | 4 |
| Some days I can figureout DC. Like when it snows I know he's gonna
mumble a grumble. Ah that's it, DC are you prdicting snow!!??
{B*)
|
92.1752 | | TPSYS::CLARK | Can you picture what will be? | Fri Dec 10 1993 16:18 | 1 |
| I do indeed predict snow for the weekend. I'm heading south.
|
92.1753 | hey look we're on TV ! | SLOHAN::FIELDS | Strange Brew | Thu Jan 06 1994 19:00 | 55 |
| MAYNARD, MASSACHUSETTS, U.S.A., 1994 JAN 5 (NB) -- Digital
Equipment Corp. (DEC) has launched an aggressive new ad campaign
aimed at furthering a recent sales boom for its PC product lineup.
Based on currently available sales figures, DEC officials project
that revenues from the company's PC products reached $1 billion for
the 1993 calendar year, doubling the $500 million in sales attained
for the PC line in calendar year 1992.
DEC has hired the New York ad agency Young and Rubicam for a
sweeping print and TV ad campaign intended to extend Digital's brand
identity among PC users and attract new sales partners in retail
channels.
Targeted at the corporate enterprise market, the campaign includes
an aggressive buy in computer trade publications, as well as a
strong schedule of newspapers and business publications and the
first TV commercials ever to be aired for DEC's PC products.
A spokesperson for DEC attributed the recent sales growth to the
effects of a corporate reorganization last year, along with
intensified efforts toward high product quality, competitive
pricing, and channel sales.
The reorganization at Digital included the establishment of the
Personal Computer Business Unit, a new independent business
unit within DEC. The autonomy of the unit allows for greater
flexibility in responding to marketplace needs, the spokesperson
told Newsbytes.
The main theme of the new ad campaign, "Beyond the Box," is
designed to play up the quality of DEC's PCs, along with such
"value added" advantages as service and support, extensibility to
larger systems, and the company's networking expertise.
One objective of the campaign is to attract additional distributors
and value-added resellers (VARs), according to the spokesperson.
The distribution ratio for DEC's PCs is currently 70 percent
direct/30 percent indirect. Digital is ultimately shooting for a
50/50 ratio, she said.
Newspapers and business publications on the ad agenda include:
the New York Times, the Wall Street Journal, the Los Angeles
Times, Forbes, Business Week, and US News and World Report.
The TV commercials for the DEC PCs are airing on such cable
networks as CNN, A&E, CNBC, TBS, and SCI-FI. The campaign
begins this week.
DEC's projection of $1 billion in PC revenues for the 1993 calendar
year is based on $800 million in company PC sales for the fiscal
year ending June 30, 1993, the spokesperson said.
(Jacqueline Emigh/19940105/Reader Contact: Digital Equipment
Corp., 800-PCBYDEC; Press Contact: Terri Slater, DEC,
508-496-9923)
|
92.1754 | could havea couple of meanings | CXDOCS::BARNES | | Thu Jan 06 1994 19:41 | 1 |
| Beyond the BOX!!!!!!!!!!!!
|
92.1755 | | AKOCOA::SMITH_D | twenty four n' there's so much more | Fri Jan 07 1994 12:50 | 3 |
|
Did anyone see DEC in the Globe's Classified ads? My Father
did!
|
92.1756 | | ROADKL::INGALLS | may the four winds blow you home again | Fri Jan 07 1994 14:08 | 6 |
|
Re .1754
Ha! Thanks rfb, I needed that this morning :^)
|
92.1757 | Big Ad | QUARRY::petert | rigidly defined areas of doubt and uncertainty | Fri Jan 07 1994 14:24 | 8 |
| > Did anyone see DEC in the Globe's Classified ads? My Father
> did!
Yep, full front page ad, looking for PC people (here taken to mean
Personal Computer, though that's pretty PC itself as far as the
job market goes.)
PeterT
|
92.1758 | | SPOCK::IRONS | | Wed Jan 12 1994 15:35 | 13 |
| ><<< Note 92.1757 by QUARRY::petert "rigidly defined areas of doubt and uncertainty" >>>
> -< Big Ad >-
>
>> Did anyone see DEC in the Globe's Classified ads? My Father
>> did!
>
>Yep, full front page ad, looking for PC people (here taken to mean
>Personal Computer, though that's pretty PC itself as far as the
>job market goes.)
Internal people cannot apply I heard.
dave
|
92.1759 | pain pain pain! | BIODTL::JC | Just one thing I ask of you | Wed Jan 19 1994 13:09 | 11 |
|
72M loss for this quarter;
analysts estimated -50M to +20M.
revenues declined about 12%.
you can be sure that our stock price will be HEAVILY penalized
today. digital is still really messed up, i'm sorry to say.
pre-opening price on DEC is 33 5/8, -2 5/8, according to my
broker.
|
92.1760 | so jeff, should i start selecting my beer? :-/ | ROCK::FROMM | It's hard to care about a don't care. | Wed Jan 19 1994 13:55 | 181 |
| Worldwide News LIVE WIRE
Digital reports second quarter operating ... Date: 19-Jan-1994
Digital reports second quarter operating results
Digital today reported results for its second quarter, which
ended Jan. 1, 1994
For the quarter, the corporation reported a net loss of
$72,144,000, or $.53 per share, compared with a net loss of
$73,859,000, or $.57 per share for the comparable quarter a year
ago. For the quarter, the corporation reported total operating
revenues of $3,254,079,000, down from $3,689,443,000 for the
comparable quarter a year ago.
For the six months ended Jan. 1, 1994, Digital reported a net
loss of $155,329,000, or $1.15 per share, compared with a net loss
of $334,405,000, or $2.60 per share for the comparable period a year
ago. The net loss for the first six months of fiscal 1994 includes
a one-time benefit of $20,042,000, or $.14 per share, related to the
adoption of a change in accounting principle for income taxes.
Operating revenues for the first six months of fiscal 1994 were
$6,269,027,000, down from $7,003,742,000 for the comparable period a
year ago.
President and CEO Bob Palmer said, "While we expected revenues to
decline somewhat, we are not satisfied with the level of revenues or
the loss for the quarter. We continue to navigate a difficult
transformation for the company within a difficult economic environment
and we continue to work diligently to lower our costs, stabilize and
then grow revenues. It took several years for the company to get into
this situation and it is taking some time for us to restore profitability
and growth.
"We remain confident in our strategy to provide leadership open
client/server solutions based on our strengths in Alpha AXP systems,
networking, software frameworks, UNIX workstations and personal
computers," Bob continued. "Several recent announcements have
reinforced this strategy. Among them is the recent agreement with
Microsoft Corp. to define a standard for open systems interoperability
for object-oriented programming."
Bill Steul, vice president and chief financial officer said, "For
the quarter, we achieved essentially flat operating results compared
with last year even with a 12% revenue decline, a five point drop in
gross margins and negative currency translation. Despite the loss and
restructuring activity, we generated positive cash flow from operations
for the quarter just ended. We ended the quarter with a total cash
balance of $1.1 billion, down $127 million from the previous quarter."
Bill continued, "The revenue decline was due principally to
continued decreases in VAX systems, associated software and services.
Our personal computer business continued to double in units, year over
year, and showed strong double-digit revenue growth. Alpha AXP
workstations also continued to show good growth in the quarter. Revenue
for products such as storage devices, low-end networking products,
printers and terminals also grew in the quarter. The effects of foreign
currency movements were negative this quarter, similar to the first
quarter. Our business in the major economies of Europe and the U.S.
remained weak while we experienced growth in Asia Pacific and Latin
America.
"Product margins declined compared with the same quarter last year
primarily due to the mix shift toward more lower-priced, lower-profit
products such as personal computers and workstations," added Bill.
"Digital's products and service are priced very competitively. We
expect continued product margin pressure and are adjusting our business
unit strategies and cost structure accordingly. Given economic
uncertainty, product transitions, and competitive pressures we remain
cautious about our outlook for the second half of fiscal 1994."
Ed Lucente, vice president, Worldwide Sales and Marketing said,
"We further strengthened our sales and marketing efforts with
several recent announcements, most notably the recent hiring of
Vincenzo Damiani to head our European operations. We also announced
expansion of our distribution channels adding volume resellers for
our Alpha AXP personal computer products and distributors for our
semiconductor components, including the Alpha AXP chip.
"We continue to work with customers such as Hoechst Canada, Scott
Paper, Corning, Schering-Plough, Exxon USA and Toys-R-Us to provide
solutions based on our Alpha-ready VAX and Alpha AXP systems," Ed
concluded.
THREE MONTHS ENDED
JAN. 1, 1994 DEC. 26, 1992
Product Sales $1,659,924,000 $ 1,967,234,000
Service & Other Revenues 1,594,155,000 1,722,209,000
Total Operating Revenues 3,254,079,000 3,689,443,000
Cost of Product Sales 1,112,292,000 1,116,538,000
Service Expense 968,473,000 1,058,270,000
Total Cost of Sales 2,080,765,000 2,174,808,000
Research & Engineering 330,948,000 404,843,000
Selling, General & Admin. 908,688,000 1,177,306,000
Net Interest (Income)/Expense 3,327,000 (1,655,000)
Loss before Income
Taxes (69,649,000) (65,859,000)
Provision for Income Taxes 2,495,000 8,000,000
Net Loss $ (72,144,000) $ (73,859,000)
Weighted Average Shares
Outstanding 136,028,383 129,154,484
Net Loss Per Share $ (.53) $ (.57)
SIX MONTHS ENDED
JAN. 1, 1994 DEC. 26, 1992
Product Sales $ 3,216,928,000 $ 3,735,055,000
Service & Other Revenues 3,052,099,000 3,268,687,000
Total Operating Revenues 6,269,027,000 7,003,742,000
Cost of Product Sales 2,093,707,000 2,136,495,000
Service Expense 1,912,350,000 2,075,920,000
Total Cost of Sales 4,006,057,000 4,212,415,000
Research & Engineering 645,665,000 810,320,000
Selling, General & Admin. 1,780,895,000 2,308,493,000
Net Interest (Income)/Expense 5,750,000 (11,081,000)
Loss before Income Taxes &
Cumulative Effect of Change
in Accounting Principle (169,340,000) (316,405,000)
Provision for Income Taxes 6,031,000 18,000,000
Loss before Cumulative Effect
of Change in Accounting
Principle (175,371,000) (334,405,000)
Cumulative Effect of Change in
Accounting Principle 20,042,000 ---
Net Loss $ (155,329,000) $ (334,405,000)
Weighted Average Shares
Outstanding 135,519,380 128,578,210
Loss Per Share
Before Cumulative Effect of
Change in Accounting Principle $ (1.29) $ (2.60)
Earnings per Share on Cumulative
Effect of Change in Accounting
Principle .14 ---
Net Loss per Share $ (1.15) $ (2.60)
Selected Balance Sheet/Cash Flow Data - Q2, FY94
Balance Sheet:
Cash & Cash Equivalents........................ $ 1,147,257,000
Accounts Receivable, Net....................... 2,795,969,000
A/R Days Sales Outstanding 77 days
Inventories: Raw Materials............... $ 403,800,000
Work in Process............. 606,630,000
Finished Goods.............. 939,926,000
Total......................... 1,950,356,000
Prepaid Expenses and Deferred Income Taxes..... 405,669,000
Total Current Assets.............. 6,299,251,000
Net Property, Plant & Equipment................ 3,145,660,000
Other Assets, Net.............................. 923,846,000
Total Assets................................... 10,368,757,000
Bank Loans and Current Portion of LTD.......... 11,574,000
Restructuring Reserve ......................... 442,705,000
Total Current Liabilities...................... 3,299,272,000
Noncurrent Deferred Income Taxes............... 26,369,000
Long-term Debt................................. 1,017,360,000
Postretirement Benefits........................ 1,195,805,000
Total Liabilities.............................. 5,538,806,000
Stockholders' Equity........................... 4,829,951,000
Book Value per Share........................... $ 35.03
Cash Flow: QTR YTD
Cash Flows from Operating Activities, $ 6,386,000 (240,648,000)
Including Deprec. & Amort. of........... 188,158,000 362,718,000
Cash Flows from Investing Activities, (198,038,000) (331,205,000)
Including Investments in PP&E of........ 181,069,000 348,070,000
Cash Flows from Financing Activities..... 65,079,000 75,915,000
Net Decrease in Cash and Cash
Equivalents.............................(126,573,000) (495,938,000)
Non-U.S. Revenues ....................... 2,044,886 3,855,345
or 63 % 61 %
Employee Population: Regular.................. 87,500
Other.................... 4,800
_____
UNIX is a registered trademark licensed exclusively by X/Open Co., Ltd.
FOR DIGITAL INTERNAL USE ONLY
|
92.1761 | Maybe So, Maybe Not. | SUBPAC::MAGGARD | Careful with that AXP Eugene! | Wed Jan 19 1994 14:40 | 16 |
| re: -< so jeff, should i start selecting my beer? :-/ >-
Sure, select all ya want... ...but ya aint gonna be gettin' any of it until
the end of the FY... Hey, Digital is _only_ $150 million in the red for
the FY... :-|
re: stock penalty
> DEC 33 1/8, change -3 3/8; DJIA 3883.24, change +12.95 at 11:00.
> Report entered at Wed Jan 19 11:01:20 1994.
the book value is still $35, so maybe it'll come back up ...
- jeff
|
92.1762 | my $.02 | SSGV01::TPNSTN::Strobel | Jetson, you're TFSO'd !!! | Wed Jan 19 1994 16:01 | 22 |
| my $.02
The stock could, at some point, move back toward book value. BV is a a measure which
can be manipulated by accounting changes and practices and, as assets are reported at
current value while liabilities are reported at historical (i.e., cost when acquired),
book value isn't always a good measure of market value.
Sadly, I don't see much cause for the stock to make any great climbs. While we have
some excellent products and services, we have yet to demonstrate the ability to
translate these into revenue growth. My generalized opinion is that the majority of
Alpha/OpenVMS sales will be to those customers who need more capacity and hench will
get deep discounts to upgrade their existing VAX. We either don't have or aren't seen
as having a sufficient enough suite of applications on OSF1 to make us competitive in
many of the Unix markets. Our SI business is still seen as there to only move Digital
systems. The places where we've done better, PC's, Storage, Components, are commodity
businesses which can't sustain Digital's big overhead. If this holds for future
quarters, there's little reason to invest in Digital. However, if we can turn the tide
on the revenue drops in Q3 and beyond (I think this has to come from Alpha AXP/OSF1
related sales for the bulk of it) then the market will see greater long term prospect
for Digital and buy up the stock. BTW, I hope this happens. I still work here.
jeff
|
92.1763 | | TERAPN::PHYLLIS | in the shadow of the moon | Wed Jan 19 1994 16:18 | 3 |
|
please watch your margins.. thanks.
|
92.1764 | | E::EVANS | | Wed Jan 19 1994 19:19 | 6 |
| I heard that there were 900 fewer employees at the end of the quarter.
Somehow I was expecting this number to be larger. I expect this is
one number we will see go up in the next couple of quarters.
Jim
|
92.1765 | | TERAPN::PHYLLIS | in the shadow of the moon | Wed Jan 19 1994 19:20 | 3 |
|
so what buildings are down? I heard MR2 & 3 are out.
|
92.1766 | oops, sorry | SSGV01::STROBEL | Jeff | Wed Jan 19 1994 19:34 | 2 |
| sorry about the margins. Went from VGA to Tiga on my PC and, surprise,
didn't think when noting.
|
92.1767 | | NAC::TRAMP::GRADY | Short arms, and deep pockets... | Wed Jan 19 1994 20:34 | 8 |
| LMO closed last week, apparently.
Manager annouced there's going to be a $100 million budget cut coming
up - half in Central engineering, half in the CBU's...whatever that
means. Lots of open req's going away, that's for sure...
tim
|
92.1768 | | TERAPN::PHYLLIS | in the shadow of the moon | Thu Jan 20 1994 11:34 | 5 |
|
That's not what I meant - but what bad news. :-(
I meant who's closed cause of the weather?
|
92.1769 | Not really due to weather | MILKWY::SAMPSON | Driven by the wind | Thu Jan 20 1994 12:00 | 8 |
| I don't think any of the MROs closed due to weather, but there were
some power problems yesterday morning. We didn't have any systems in
the morning and I didn't try logging on till after lunch. I think the
only thing the weather had to do with that was it happened at the same
time. Something about a new transformer installed in November. any time
they'd power up building 3, building 1 would turn off.
We're running out of snow here. We need another dose!
|
92.1770 | | AKOCOA::SMITH_D | twenty four n' there's so much more | Thu Jan 20 1994 12:05 | 9 |
|
I really hope the company gets itself together. I think it's time for
the employees to get it together, bust through the quadralevels
of management, and start working closer and setting the communications
higher with the people who are running the Corporation. Accurate
decisions can't be made by people teetering on the top of the ladder
when there's nobody holding it down below. I'd estimate we have maybe
2 or 3 chances more to prove ourselves, if we don't, I fear what
may happen.
|
92.1771 | | SSGV01::TPNSTN::Strobel | Jetson, you're TFSO'd !!! | Thu Jan 20 1994 16:41 | 4 |
| Reflection on the State of the Company:
There's no shortage of leave of absence forms but trying to locate a
matching gift form is like trying to find Noah's Ark.
|
92.1772 | | TERAPN::PHYLLIS | in the shadow of the moon | Thu Jan 20 1994 16:46 | 5 |
|
I hear that. I used to have a lot of them - if I find one, I'll drop
it in i/o.
|
92.1773 | It's only getting worse...... | SOLVIT::BXOFRN::ROY | lose your step fall outa grace | Fri Jan 21 1994 11:43 | 24 |
|
re: lot's of req's going away, etc.....
And lot's of jobs..... my group got hit bad this week here in MKO.
I have been informed that I am "at risk" 8*(((((
Could be a good thing though (for me).....
So, I've been telling friends, "Don't feel bad for me, feel bad for
Digital. They're the one with the problem, not me......."
Sad, 20 1/2 years, and chopped at the knees. I just hope that the
management gets used to the idea of having to work for a living.
More later, when I find out for sure......
If I don't get to get back in, it's been a pleasure reading all of
your notes for the last few......
Good luck DECheads (tm), and keep an eye out behind you 8*)))))
Glenn M. Roy.....
|
92.1774 | overhead! | BIODTL::JC | Just one thing I ask of you | Fri Jan 21 1994 11:47 | 8 |
| They'll continue to cut jobs, revenue will continue to decline, middle
mgmt will continue to grow. pretty sad. lemme see, our project here, we have
10 engineers, 3 of them are project leaders, and then we have 2 supervisors.
too many chiefs; when i was PL of DeathInspect, we had 5 engineers and 1 mgr;
and, that mgr also managed another project that had 2 engineers on it.
very sad.
|
92.1775 | GET A CLUE!!! | SALES::GKELLER | I'm PU: Politically Uncorrect | Fri Jan 21 1994 12:48 | 6 |
| Ed Luciente said yesterday...
We've just hired several new VP's in France so we must be on the right
track.
Geoff
|
92.1776 | | TERAPN::PHYLLIS | in the shadow of the moon | Fri Jan 21 1994 12:55 | 8 |
|
yikes - good luck, Glenn, I'll be keeping my fingers crossed for you.
That's our dynamic duo for ya (what I call Palmer/Lucente).. fire the
workers, reorganize the managers, and act surprised when nothing
positive happens. Did everyone get the 'how to really read our results
and why they're not as terrible as they look' memo from Bob?
|
92.1777 | | MKOTS3::ROBERTS_CR | the evening sky grew dark | Fri Jan 21 1994 13:21 | 5 |
|
Good luck Glen(n) ... I really enjoy knowing there's another 'head in
this end of our building. here's hoping!
carol
|
92.1778 | | JUPITR::OCONNORS | | Fri Jan 21 1994 13:46 | 5 |
|
We just hired two temps here at SHR and are supposed to hire
four more.....
Sean
|
92.1779 | | TERAPN::PHYLLIS | in the shadow of the moon | Fri Jan 21 1994 13:52 | 3 |
|
temps to do what?
|
92.1780 | TCP/IP is big business still.... | NAC::TRAMP::GRADY | Short arms, and deep pockets... | Fri Jan 21 1994 15:00 | 13 |
| Well, I hate to be the bearer of positive news...but...
We have 14 engineers with one manager...we're the #4 software product in
the company, making about $45 million/year (or about $3 million/engineer)
and we've still got a couple req's open for new engineers...no layoffs in
sight, so far. (Knock on formica). Only VMS, DECnet/VMS and Ultrix are
bigger (unless you glom all the different PathWorks products into one,
in which case we're #5)...
So, not everything looks so bad...Revenue is flat to slightly up over last
year...
tim
|
92.1781 | | CXDOCS::BARNES | | Fri Jan 21 1994 15:30 | 4 |
| good luck glen...keep da faith
rfb
|
92.1782 | sad | BIODTL::JC | Just one thing I ask of you | Fri Jan 21 1994 16:33 | 4 |
| I got that Palmer message a few times. I read that as a moral booster
attempt... "oh, the loss isn't that bad, heck, we improved a bit and btw
the revenue drop, oh, don't sweat it." lame memo, and no one seems to be
doing anything to fix the situation, at least from where i sit..
|
92.1783 | | TERAPN::PHYLLIS | in the shadow of the moon | Fri Jan 21 1994 16:52 | 8 |
|
not from where i sit either. which is exactly what i told them in my
employee survey. of course i also told them that i thought the survey
was a waste of time since it was pretty obvious that senior management
has been uninterested in field input for some time now, but it still
felt good to type it all.
|
92.1784 | i beg to differ... | STRATA::DWEST | choose wisdom over intelligence... | Fri Jan 21 1994 16:59 | 26 |
| i disagree that it was a "lame memo"... i think in general, an
"explanation" of sorts was very much in order... while yes,
i agree it was an attempt to boost sagging morale, it was also an
attempt to put out a little bit of truth to temper the bad news...
continued losses are bad news and the memo acknowledges that
(comments like not being satified with performance/losses etc),
but not everyone really understands all that is presented in the fiscal
information that is disseminated... what percentage of folks really
looked at the numbers to see how we fared on certain line items???
my bet is most read that we lost more than seventy million, that stock
was taking a beating on the street and that was it... impression?
life sux, werk sux, management sux and how are we ever going to rid
ourselves of this black storm cloud over us?... the memo adds a little
perspective... sure, the news isn't good on the whole, but the cloud
has some silver lining... results are still improving... losses are
still getting smaller... we are making progress against our goals...
there's more truth in the statement "it took us a long to to get in
this mess, it'll take a long time to get out of it too" than any of us
realize... remember when we were losing 3 million dollars every day we
were open? all news, good and bad, has to be put in perspective...
around here anyway, there are LOTS of people who dont have the
background, education, motivation, whatever to really understand
everything that's going on in this place...
da ve
|
92.1785 | 3/(72/90) | GOOROO::DCLARK | concurrent reverse engineering | Fri Jan 21 1994 17:47 | 3 |
| re .-1
now we're losing 3 million dollars every 3.75 days
|
92.1786 | | STRATA::DWEST | choose wisdom over intelligence... | Fri Jan 21 1994 18:09 | 2 |
| see??? progress!! :^)
|
92.1787 | Another positive viber | TOOK::PECKAR | Sleep tight | Fri Jan 21 1994 18:32 | 2 |
|
I'm managing to have lots of fun.
|
92.1788 | Good performance from MCS | NECSC::LEVY | A song that's born to soar the sky | Fri Jan 21 1994 20:07 | 427 |
| (forwards deleted)
From: NAME: John Rando @OGO
FUNC: MULTIVENDOR CUSTOMER SERVICES
TEL: 276-8367 <RANDO.JOHN AT A1 at STOWOA at
OGO>
Date: 21-Jan-1994
Posted-date: 21-Jan-1994
Precedence: 1
Subject: MCS Q2 BUSINESS REPORT
1
To: See Below
***PLEASE DISTRIBUTE THROUGHOUT YOUR ORGANIZATIONS***
I am pleased to report that MCS exceeded its Q2 profit plan and reached
the half-way point of FY94 at 102% of our profit goal. We have achieved
our profit goal despite being at 94% of our revenue plan for the first
half of the year. While the multivendor content of our business
continues to grow, we continue to face strong competitive pressures and
the impact of new product technology on our base. Our profit performance
reflects our continued efforts to simplify our business operations and
eliminate redundant and unnecessary activities.
Progress continues on our four key MCS programs which are driving our
transformation to a global multivendor service provider:
. MCS Service Menu
. Service Delivery Re-engineering
. MCS Selling Model
. Global Common Solutions
These programs are of the highest priority for MCS and are the key to
simplifying our selling process, reducing service delivery costs, and
increasing customer satisfaction.
Another critical and successful program for MCS and the Company is the
Add-on Incentive Program. This program, which facilitates the flow of
Digital product leads from MCS Service Engineers, has generated over $84M
of product sales for the Company this year. This program is a great
example of how MCS can help impact the Company's performance beyond its
normal service business.
Attached is a summary of MCS business development activities, significant
Q2 wins, major program milestones, functional highlights, and financial
performance for Q2. Please distribute this memo throughout your
organizations and convey my appreciation to all MCS employees and to our
teammates who continue to contribute so extraordinarily to MCS Business
performance. It is important that all of our employees are kept updated
on our progress as we strive to become the number one global multivendor
services company in the world.
Regards,
John
jfs
BUSINESS DEVELOPMENT
During Q2, MCS entered into and expanded existing relationships with several
partners. These relationships helped move MCS closer to its multivendor
vision:
MCS finalized a vendor alliance agreement with Dataram Corporation to provide
warranty and post warranty services on their memory and storage products.
This
contract is projected to generate $12M of revenue over the next 5 years. In
addition to the direct revenue flow, MCS gains access to business
opportunities
on HP, IBM, Sun and SGI platforms.
A worldwide vendor alliance agreement was finalized with Telematics
Corporation
to provide direct warranty and post warranty services on their WAN products.
Telematics is the leading manufacturer of X.25 packet
assemblers/disassemblers
(PADS). The 3 year agreement is projected to generate $4M of revenue.
MCS has extended its strategic relationship with Novell through participation
in their Novell Authorized Service Center (NASC) Program. As a NASC, MCS will
support end user customers who are referred to Digital by Novell. These
support services will provide additional MCS revenue and network integration
opportunities, and further establish Digital as a multivendor network services
provider. The first NASC was implemented in the U.S. in Q2 with worldwide
implementation planned for Q3 in over 65 sites.
An agreement between MCS and VGS was reached making Digital an authorized
service and warranty provider on VGS' Access Control Systems worldwide. VGS is
a ticketing and access control solutions company in Milan, Italy. The
revenue potential for this contract is $15M over the next 5 years. This
agreement allowed the U.S. Bid Team to respond, in conjunction with VGS, to a
$12M Disney Orlando RFP to upgrade their 8 theme parks with hardware,
software,
MCS services, project management and network management services.
MCS finalized a Service agreement with MASPAR to service their products sold
both by Digital and MASPAR. MASPAR, a large privately held company, holds
23% of the Massively Parallel Processing market. Revenue potential is $3M
annually.
Q2 FY 94 WINS
The following Q2 Wins demonstrate the breadth of MCS' offerings. Listed
below is Company name, Territory/District, Contract Value per Year, and
indication of the importance of the win to Digital
CONTRACT VALUE/YR
<<< Coca Cola - U.S. Southern District/Atlanta $1.2M
Desktop service sale (7500+ PCs). First major sale and penetration at Coca
Cola in Atlanta which is an IBM stronghold
<<< Mobil Corp - U.S. Mid-Atl District/Marva Branch $820K
Traditional Service, VAX Maintenance in 11 locations. Won PC & Printer
maintenance back from Bell Atlantic in 5 locations
<<< Applicon - U.S. Central District $409K
Win will provide us with an excellent multivendor reference with over 27
different manufacturers equipment included in the "wall-to-wall" service
solution. Included are AS/400, HP Workstations, Auspex UNIX servers, and
numerous printing, plotting and communications devices
<<< Bank of America - U.S. Eastern District $1.3M
First large 4 year service agreement supporting an in-house application
software package called "TMX" which has been sold to 13 other banks.
<<< Applied Materials Corporation - U.S. Western District $3M
Worldwide PC/Desktop program. This new customer will become a worldwide
Desktop reference. Win was against HP.
<<< INTEL - U.S. Western District $2M
Multivendor Services opportunity. Will be used as a reference account and
showcase IBM RS6000s support to compete against IBM.
<<< Brunswick Bowling - U.S. Great Lakes District $2.5M
Worldwide PC solution. Digital to provide Digital and non-Digital PC products,
PC Integration services and on-site maintenance to Brunswick Bowling Centers
around the world.
<<< Telefonica Spain - Europe Territory 2 $2M
Support for 15,000 PCs. Won against 8 other potential service suppliers.
<<< Mercury - UK Territory $2M
MCS to be prime contractor managing all service activity at Mercury's national
datacenters. Covers a wide range of multivendor systems including Hitachi
mainframes, ICL mainframes, IBM systems and Storagetek tape silos. Won over
16 suppliers; key competitor was ICL/Sorbus.
<<< France Territory UK Territory
CGM New Health Trust }
Renault Finance Thames Water }
Thorn }
British Gas } $822K
All six of the above customers purchased MCS Remote Systems Management in
Q2. This offering is gaining rapid acceptance in Europe.
<<< National Semiconductor - Asia Pacific Area $600K
This global bid consolidated National Semiconductor service across the world
and resulted in $600K incremental business in APA.
<<< Comalco Boyne Island - South Pacific Territory $300K
This business was bid by IBM and successfully defended by MCS. (utilizing
IBM as a subcontractor!)
<<< Motorola Mobile Data Systems - Canada Territory $200K
Maintenance on over 400 Sun workstations. Significant win for references and
visibility in the Sun arena in Canada. Win was over Sun and Data General.
<<< Microsoft - Latin America Territory $300K
Software Publishing win which provides for duplication of all Software course
materials for the Microsoft Training Centers in Brazil.
<<< British Telecoms(BT) - Asia Territory, Thailand $500K
Installation, maintenance, and product distribution for BT's Global Network
Services (GNS). This win positions MCS as a multivendor service provider.
MAJOR PROGRAM UPDATES
The following key MCS programs are critical to MCS success in FY94 and beyond:
MCS Service Menu
MCS Selling Model
Service Delivery Re-engineering
Global Common Solutions
Add-On Incentive Program
The following program milestones were achieved in Q2:
<<< MCS Service Menu
All Territories submitted Release 1 plans, received approval to proceed with
implementation, and expect to be able to quote, sell, and deliver release 1
offers by March 1.
The release 2 design phase was initiated in Q2 during a December kickoff
meeting. Fourteen new offers are planned as part of release 2. The design
phase is expected to conclude on April 1.
In Q2, SSS completed the implementation of packaged services for PC
Integration
and System Management Support:
o LANPAK and Service in a Box were launched in U.S.
o SMS Voucher System was introduced in UK.
In Q2, release 1 Service Menu training was delivered to the Sales force.
<<< MCS Selling Model
The US launched it's MCS sales force on July 1 and is fully staffed. Europe
is
70% staffed to date. APA status varies by Territory; Canada is fully
implemented with other Territories in process.
New Metrics were added to the current measurement system for CBU Sales reps
which should further improve MCS sales results:
o MCS new business lead bonus was doubled. The threshold for receiving
bonuses was lowered and bonuses are now available to managers
o CBU Sales Reps will receive double credit for PCI sales
o A trial program in two territories was begun which will goal Account
Managers on total MCS business
U.S. new business certifications are ramping quickly. Pipeline/Frontlog is
building in the Desktop, Multivendor and PCI spaces with heavy focus on the
quality of the opportunities.
<<< Service Delivery Re-engineering
In Q2, the MCSD Zone Organization re-engineering program culminated with
very specific savings commitments. Based on these commitments, MCS will
achieve an FY94 savings of $28M.
The MCSD process management infrastructure was established and specific
process
plans were completed which will allow for streamlining in FY94 and process
improvement projects in FY95. This will allow MCS to continue productivity
improvements and savings for FY95 and beyond.
The MCS quality team working with the process managers has developed a set of
automated benchmarking tools which will enable each site and process manager
to
access process results worldwide. These MCS benchmarking tools and techniques
were presented at the worldwide conference of the Association of Field Service
Managers (AFSMI).
<<< Global Common Solutions (GCS)
GCS will implement a single integrated suite of business practices and
information systems worldwide for:
Obligation Management
Call Handling
Service Logistics
The GCS Program Plan was published in December.
A worldwide meeting was held in December resulting in a committed schedule
which supports the MCS Service Menu release schedule. GCS V1.0 is scheduled
for implementation in June 1995. Completion of the program (GCS V2.0) is
scheduled for March 1996.
<<< MCS Add-On-Incentive Program
During Q2, MCS field personnel generated 14,000 leads which converted to
$52.5M
of revenue for Digital. Over 50% of all leads processed resulted in a sale.
Year to date this program has generated $84.8M of revenue and is 137% of the
YTD plan.
Nine Territories exceeded their Q2 Program budget: UK, Germany, Territory 2,
Nordic, Asia, Canada, Japan, SPT and the U.S.
FUNCTIONAL SUPPORT
In addition to the major programs in the previous sections, there were many
other functional highlights in Q2, some of which are listed below:
Success through indirect channels is critical to the MCS Business plan and is
a
key focus of MCS Corporate Sales & Marketing. In October MCS announced the
formation of the Channels Development Group lead by David Riquier to launch
this effort. Also announced was an MCS Channels Board of Directors consisting
of Territory, Business Segment, and Functional representatives.
In November the Senior Support Management Forum chaired by Peter van Roekens
was announced which will consist of a combination of Engineering and MCS
senior
managers who will address remedial product issues and their processes. The
goal will be prevention of these problems in the future.
The Finance organization lead a worldwide implementation of the Revenue
Equation in Q1 and Q2. The Revenue Equation:
o provides a tool which gives management a leading indicator of
future revenue
o allows management to recognize trends in the business and take
appropriate action
o assists operating management in budgeting and forecasting revenue
by providing a consistent way of communication
o facilitates a qualitative discussion of business factors
The adoption of this tool has contributed to a better understanding of our
revenue trends, problems, and opportunities. Future enhancements are being
planned to enrich the content and make it easier to construct.
In December, MCS began the development of a Customer Segmentation Model which
will result in the identification of a channels, offer, and technology
strategy for targeted customer segments. This model is the framework which
allows us to connect our target markets to the services, selling channels, and
service capabilities we will need to successfully penetrate those markets.
In November, Digital announced DECgenisys at the Channel Partners' Executive
Seminar in San Francisco. DECgenisys is a worldclass electronic support
system
for channel partners who resell MCS services. Components include information
access, hotline support access, literature ordering and quoting. Specific MCS
capabilities are provided through a module called Service Contract
Administration (SCA) which includes such functionality as service agreement
management, warranty registration, and service leads referral. The Menu
quoting prototype was completed in December and Menu offer content will be
loaded during January. External field test is targeted for mid-January.
MULTIVENDOR CUSTOMER SERVICES
FINANCIAL RESULTS AS % OF PLAN
RANKED BY Q2 % OF MARGIN PLAN
--- Q2FY94 --- --- Q2YTD ---
NOR MARGIN NOR MARGIN
%PLAN %PLAN %PLAN %PLAN
JAPAN 112% 121% 110% 118%
ASIA 100% 111% 99% 110%
BENELUCH 99% 110% 100% 119%
SPT 91% 110% 93% 103%
EMM 94% 100% 90% 96%
CANADA 90% 100% 88% 94%
FRANCE 95% 99% 93% 95%
LAC 107% 98% 110% 108%
US 92% 95% 94% 96%
NORDIC 94% 90% 96% 102%
UKI 92% 88% 94% 91%
ITALY 90% 76% 88% 85%
GERMANY 82% 66% 86% 71%
TOTAL TERRITORIES NOR AND MARGIN 93% 98% 94% 99%
TOTAL MCS WORLDWIDE 104% 102%
|
92.1789 | Hang in there Glenn | BSS::MNELSON | Won't ya try just a little bit harder | Fri Jan 21 1994 20:32 | 6 |
|
Hey Glenn,
Sendin some positive vibes eastward. Hang in there and hopefully
everything will work out for the best .
Mark
|
92.1790 | .....where does the time go????? come hear.... | SOLVIT::BXOFRN::ROY | lose your step fall outa grace | Mon Jan 24 1994 12:48 | 41 |
|
re: -.....
Thanks folks, I'm in surprisingly good spirits (homebrew and
otherwise)..... 8*)
I've got mixed emotions about it all. The most prominant one
and one that I have to be careful to temper is anger. Anger
at those that make the decisions, that they aren't losing their
jobs. Anger that they chopped all the workers 'cuz we didn't
make our numbers. Funny thing is, I don't remember being asked
to make any decisions that would help the numbers, so I don't
understand why bad numbers should affect me? ( 8*) ) That is,
if I did make some bad decision, that cost DEC millions, then
yes, trash me, I deserve it..... know what I mean?
But, when I start to get angry, I stop, think about the future
possibilities, and get happy. I have a resume' into a company
in Manchester, N.H. and we have our homebrew shop that we started
this past September. So, if I don't get the other job, I will
be putting all my energies into the shop..... Not only that,
I'll no longer have as many excuses not to spend time with my
son, who unfortunately seems to usually come out with the short
end of the stick.... (not always, I made him an iced down sled
run in front of the house last week, and played slot cars with
him last night, feeling guilty I guess).
So, I still haven't received the actual 'official' word yet, my
guess is either today or tomorrow, I'll let you all know.....
Anyone heard what the package is for this quarter? Personel, etc.
are claiming ignorance (what else is new?).
Thanks very much for all of your best wishes, I really do
appreciate it. Nice to know that some folks care..... I guess
some folks make too much money to be able to care 8*)))).....
later/ Glenn.....ain't no time to hate, barely time to wait....
|
92.1791 | | NAC::TRAMP::GRADY | Short arms, and deep pockets... | Mon Jan 24 1994 13:04 | 5 |
| Good luck, Glen...don't forget to pass on your new Net address, if you
have one...
tim
|
92.1792 | | BIODTL::JC | Just one thing I ask of you | Mon Jan 24 1994 15:03 | 11 |
| Yes, best of luck Glenn!! I'm sure that you'll do fine mon!
---
DEC continues its slide today; stock is off 1 point at 30 1/2 as of
about 5 mins ago.
|
92.1793 | this is the end, my only friend.......... | SOLVIT::BXOFRN::ROY | lose your step fall outa grace | Tue Jan 25 1994 12:02 | 50 |
|
Well, thank you all. I'll figure out a way to keep in touch.
So, it appears that today is the day..... As one of my heroes
says: 'this is the end.......my only friend, the end....'
I have a meeting this morning at which I guess DEC does it's
deed......
I really wish you all the best, and only hope that DEC isn't
going to continue in it's current vain.....
I've been here 20 years, 7 months. I've seen a lot, enjoyed
most of it, and have seen a lot of changes. DEC will never
be the same. For me, it stopped being fun about 5 years ago.
The addition of several 'retentive' managers brought about
changes that I believe brought about the downfall of DEC.
Of course, most of those folks have gotten their 'reward',
but some remain, and will continue to do their damage.
It goes against my grain to be a 'sheep' and be PC, but it
seems that that's what they want. Do what we say, don't
complain, we don't want to hear the truth. So please, if you
value your income, please be careful. If you can be fluid,
then shake 'em up. Expose their untruths, this really is
your company as much as it is theirs.
So much for loyalty, honesty, and integrity.....
Be well my brothers and sisters, we will meet again. I've
learned many times that this is a very small world. When you
least expect it, it all comes back to you, many times in good
ways, others not.....
So, in part(y)ing: ONCE IN A WHILE YOU GET SHOWN THE LIGHT,
IN THE STRANGEST OF PLACES IF YOU LOOK AT IT RIGHT!!!!!!!!!!
thank you all, Glen(n) M. Roy
92 Renshaw Rd.
Weare, N.H. 03281
home: (603)-529-4450
Beer Essentials
92 Renshaw Rd.
Weare, N.H. 03281
bus: (603)-529-4664
'luv you all..........................................
|
92.1794 | | BIODTL::JC | cuz everybody's gotta go | Tue Jan 25 1994 12:12 | 4 |
|
Peace MON!!!!!!!!!!!!!!!!!!!!!!!
|
92.1795 | | SLOHAN::FIELDS | Strange Brew | Tue Jan 25 1994 12:21 | 8 |
| Glen,
best of luck with the Brew shop ! just remember that when you walk
out that door for the last time that you might have just won the game.
Peace
Chris
|
92.1796 | | ECRU::CLARK | Can you picture what will be? | Tue Jan 25 1994 13:00 | 4 |
| Best of luck, Glen(n) ... I bet you'll look back on this day and think "I used
to be angry, now I'm just amused ..."
- DC
|
92.1797 | Best damn notes file around!!!!!!!!! | SOLVIT::BXOFRN::ROY | lose your step fall outa grace | Tue Jan 25 1994 13:51 | 14 |
|
Peace to you too JC......
Chris, I am feeling like I won..... I do feel bad for those I
leave behind.
Dave, I do find much of it amusing..... unfortunately, others
in my position aren't feeling that way. I love walking around
here laughing in the face of the management.... makes 'em crazy...
thanks, Glen(n).....
|
92.1798 | | ROADKL::INGALLS | may the four winds blow you home again | Tue Jan 25 1994 14:45 | 8 |
|
Best of luck Glen(n)...
No worries mate - there's been too many success stories of people from this
notesfile leaving DEC and becoming happier than they ever were working here....
Glennnn
|
92.1799 | sigh... | QUARRY::petert | rigidly defined areas of doubt and uncertainty | Tue Jan 25 1994 15:05 | 5 |
| Best of luck Glen(n). Hope DEC doesn't drop too many of us off at one
time. There might be an influx of homebrewers that the market might
not be able to handle!
PeterT
|
92.1800 | | MKOTS3::ROBERTS_CR | the evening sky grew dark | Tue Jan 25 1994 17:32 | 5 |
| best of everything to you and your family, Glen(n). The homebrew
market gain is digital's loss. it's been great knowing you and thanks
for the grate tapes, too!
carol
|
92.1801 | | CXDOCS::BARNES | | Tue Jan 25 1994 17:45 | 3 |
| good luck again, Glen..may the sun shine in your back door ALWAYS....
rfb
|
92.1802 | *70 help | MKOTS3::ROBERTS_CR | the evening sky grew dark | Fri Jan 28 1994 16:56 | 8 |
| can anyone tell me how to undo a *70 that I just tapped into my
phone which has call waiting? accck. I tapped it in because I'm
dialing in from home and have the call waiting feature. Someone
told me I could tap in *70 to make one line busy so when I an on line
on the other line, I wouldn't get bumped. ok - that part works great
- now how do I put it back the way it was?
c
|
92.1803 | thank me later | ECRU::CLARK | Can you picture what will be? | Fri Jan 28 1994 17:16 | 2 |
| Try #70 or maybe #*70 ... I think the pound sign un-does settings on the phone
system at MKO ...
|
92.1804 | if not call AT&T | SLOHAN::FIELDS | Strange Brew | Fri Jan 28 1994 17:21 | 2 |
| I think it does it all by itself....when you hang up it should go back
to its normal working call wait function....
|
92.1805 | THIS SUCKS!!!!! AND SHOULD BE IN THE BUMMER NOTE | SALES::GKELLER | I'm PU: Politically Uncorrect | Mon Jan 31 1994 19:44 | 6 |
| Just hear that those life insurance rebate checks that we were supposed to
receive by 1/31/94 have not been mailed yet and are being withheld. Hte
only answer one can get is that an explanation will be made within the next
several days:-(:-(:-(
Geoff
|
92.1806 | | CXDOCS::BARNES | | Mon Jan 31 1994 20:48 | 6 |
| DAMNIT!! I'm already late on the car payment that check is destined
for!
rfb living above his means lately
WHO DO I CALL JUST TO BITCH!!!!!!!!!!!!!!!?????
|
92.1807 | Call and bitch | SALES::GKELLER | I'm PU: Politically Uncorrect | Tue Feb 01 1994 12:09 | 21 |
| > <<< Note 92.1806 by CXDOCS::BARNES >>>
>
> DAMNIT!! I'm already late on the car payment that check is destined
> for!
>
> rfb living above his means lately
>
> WHO DO I CALL JUST TO BITCH!!!!!!!!!!!!!!!?????
Paul Cornelius 223-9599 is the person you call to bitch at. You won't get
him, you'll get his sec. who will tell you she doesn't know anything. Call
anyway.
I'm really pissed about this. I was counting on that for my mortgage this
month. I had called a couple of times previously and was told no problem,
the checks will be there by the 31st. One of the really annoying things is
that people who rolled the amount over to their IRA or new Life insurance
policy have had their funds deposited already.
Geoff
|
92.1808 | | CXDOCS::BARNES | | Tue Feb 01 1994 12:19 | 3 |
| you bet I will Geoff!!!
rfb
|
92.1809 | | ECRU::CLARK | Can you picture what will be? | Tue Feb 01 1994 12:27 | 3 |
| Also check out topic 2878 in MORTAL::DIGITAL
- DC
|
92.1810 | The latest "check is in the mail" - i'll believe when I see | SALES::GKELLER | I'm PU: Politically Uncorrect | Tue Feb 01 1994 13:36 | 5 |
| Checks will supposedly be mailed today and tomorrow, this from a CIGNA rep.
The delay was caused by Digital. Digital will be making a statement
within the next several days.
Geoff
|
92.1811 | | GNPIKE::HANNAN | Beyond description... | Tue Feb 01 1994 14:07 | 9 |
| I think it would be very hard to withhold this money considering
the "promise" or letter we got, the reason for the refund, and the
lawsuits that would occur. I'm counting it on to re-establish a
savings account - ie, my "I'm overbudget again" funds ;-)
I hate to say it, but this company is really goin' down the tubes :-(
Too damn big, too complex, and mismanaged.
/Ken
|
92.1812 | | CXDOCS::BARNES | | Tue Feb 01 1994 14:08 | 2 |
| Mr Cornelius assured me the checks will be mailed tomorrow, some
administrative work had to be done first...
|
92.1813 | | TERAPN::PHYLLIS | in the shadow of the moon | Tue Feb 01 1994 18:57 | 34 |
|
I N T E R O F F I C E M E M O R A N D U M
Date: 01-Feb-1994 02:02pm EST
From: Readers Choice
CHOICE.READERS AT A1 at SALES at MRO
Dept:
Tel No:
TO: See Below
Subject: #4777-Optional Life Insurance Refund
From U.S. BENEFITS, DTN 223-6234
SUBJECT: OPTIONAL LIFE INSURANCE PROGRAM - CLAIM STABILIZATION
RESERVE REFUND MAILED FEBRUARY 2, 1994
As communicated in the October 1993 Benefits Bulletin and the Optional
Life Insurance Open Enrollment materials, employees who were covered
by the Optional Life Insurance Program on August 17, 1993 will receive
a share of the Claim Stabilization Reserve. The money was scheduled
to be distributed in January 1994 but administrative delays precluded
this.
Checks, however, have now been printed and will be mailed on
Wednesday, February 2.
We sincerely regret this delay and apologize for any inconvenience it
may have caused.
|
92.1814 | ;-) | GNPIKE::HANNAN | Beyond description... | Tue Feb 01 1994 19:02 | 1 |
| whew!!
|
92.1815 | | AKOCOA::SMITH_D | 24 and there's so much more | Tue Feb 01 1994 19:25 | 6 |
|
Now how about those car insurance dividends from METPAY?????
When do these usually make it out????
Deane_who's_thinking_$$$$$_today
|
92.1816 | I like refunds! | GNPIKE::HANNAN | Beyond description... | Tue Feb 01 1994 19:31 | 9 |
| re: <<< Note 92.1815 by AKOCOA::SMITH_D "24 and there's so much more" >>>
> Now how about those car insurance dividends from METPAY?????
> When do these usually make it out????
Spring if I remember correctly. Let's not forget homeowners
refunds too, more bang for the buck ;-)
/Ken
|
92.1817 | | ISLNDS::CONNORS_M | | Tue Feb 01 1994 19:40 | 8 |
|
spring? What's that?
ah... just a memory....
|
92.1818 | $$$ and more $$$ | MKOTS3::ROBERTS_CR | the evening sky grew dark | Tue Feb 01 1994 19:48 | 4 |
| yeah - i luf the metpay payoff - they useta come just in time for
buying ALbany tickets .. so around the end of march maybe.
c
|
92.1819 | I'm ready... | BINKLY::CEPARSKI | Lord, I Had to Dance... | Tue Feb 01 1994 20:02 | 5 |
|
Last years' Metpay payoff was postmarked 3/12 - I still have the
envelope. I heard figger aroud 8 - 10% this year.
-jeff
|
92.1820 | | AKOCOA::SMITH_D | 24 and there's so much more | Wed Feb 02 1994 12:33 | 5 |
|
With all the inclement weather last spring I wonder if there were more
accidents, or less??????
(which basically means more $$$$$ or less!) ;-)
|
92.1821 | | MKOTS3::ROBERTS_CR | the evening sky grew dark | Wed Feb 02 1994 16:32 | 8 |
|
RE: .1819
You STILL have the envelope? whew - I thought John Shep was the
worst saver of paper in the universe but mebbe not :-)
a_thousand_smilies
c
|
92.1822 | | BINKLY::CEPARSKI | Lord, I Had to Dance... | Wed Feb 02 1994 17:05 | 8 |
|
Yeah, its a talent I have for saving all kinds of meaningless
information and not having a clue what happened to the important
stuff. ;^)
-jeff
|
92.1823 | | TERAPN::PHYLLIS | you are the eyes of the world | Wed Feb 02 1994 17:48 | 5 |
|
sounds like my purse. not a receipt in sight, but at least 17 use this
card and get $3 off admission things. ;-)
|
92.1824 | | BINKLY::CEPARSKI | Lord, I Had to Dance... | Thu Feb 03 1994 17:14 | 101 |
| This article is from Business Week, February 7, 1994, Page 32.
*Reprinted w/o permission*
HOW DEC'S 'MINICOMPANIES' LED TO MAJOR LOSSES
=============================================
Red Ink dooms an innovative structure just recently adopted
Just 14 months ago, Robert B. Palmer was pulling raves for pursuing
one of the computer industry's most daring strategies. The 53-year-old
chief executive at Digital Equipment Corp. Launched a remake of the
troubled company with a radical reorganization. He divided the $14
billion Goliath into autonomous minicompanies organized by customer
type, the better to anticipate buyer needs. "This is not a temporary
change," Palmer pledged at the time.
Or so he thought, until a $72 million loss for the quarter ended
Jan. 1 junked his restructuring. The red ink having destroyed DEC's
hopes for turning a profit for the fiscal year ending July 2, DEC's
board decided to abandon the CEO's new structure in favor of a
conventional organization in which the company is built around product
groups.
"UNHAPPY."
The retrenchment is a clear repudiation of Palmer's strategy.
Board members, who ousted DEC founder Kenneth H. Olsen two years
ago, insist they're sticking with Palmer, who landed DEC's top job in
October, 1992. "The board has a lot of confidence in Bob and the
team he put together," says Vernon R. Alden, an outside director.
But if DEC doesn't regain profitability soon, Wall Street
analysts contend, Palmer's job could be in jeopardy. "The board's
real unhappy," says Salomon Brothers Inc. analyst John B. Jones
Jr. The pressure is building fast: Investors have been dumping
DEC's stock, which has hovered at 31 since the loss was announced on
Jan. 19 - 20% below its price when Palmer took over. And some big
shareholders think getting DEC back on track will take some time.
"I'm pessimistic," says Robert Spremulli, investment officer at major
shareholder TIAA/CREF, a teachers' retirement fund "The long-term
dynamics are poor."
As Palmer has faltered, his No. 2, Edward E. Lucente, worldwide sales
and marketing vice-president, has become stronger. Indeed, reports
--denied by DEC-- are circulating inside the company and on Wall Street
that Lucente soon will be named chief operating officer and president,
becoming Palmer's designated heir. Lucente's responsibilities already
nearly correspond to such a position. Under the reorganization, the
former IBM sales executive, who joined DEC a year ago, now is
responsible for units that account for 80% of DEC's product revenues.
Neither Palmer nor Lucente would comment. But CFO William M. Steul
downplays the move, calling it "fine-tuning."
How will the reorganized DEC work? Instead of selling packages
of computers, software. and services through units organized by
customer type, DEC now will be divided into units that sell
specific product lines, such as workstations, servers, and software.
The problem with the old approach, to be scuttled on Apr. 1: It
combined low-margin products and high-margin services undermining
sales of each, says Dekkers Davidson, a partner at consultants Mercer
Management Consulting Inc.
MORE FALLOUT
Indeed, Palmer's business strategy ran smack into a major shift in
the computer industry. The rise of standard hardware and software let
customers cheaply knit together systems from various vendors. Palmer
thought he could buck the trend by getting closer to customers and
convincing them to buy complete systems. But DEC wound up winning
fewer and fewer contracts. DEC's business focus is not in sync with how
people are buying today," says Irv I Shapiro, president of Metamor
Technologies Ltd., a consulting and software-development company.
Palmer's minicompanies faltered almost from the start. Most of the
key executives involved grew up in DEC's engineering departments
without significant sales experience. "Unfortunately, many of the
people knew nothing about the industries they were put in charge of,"
says a senior DEC manager. DEC's product sales steadily worsened as the
plan went into effect last July (chart).
The turning point came in September, when sales of DEC computers
priced above $200,000 fell sharply. Palmer then went before the company
in a video broadcast, appealing for a sales focus on moving
high-price Alpha AXP computers as well as consulting and service
contracts. Soon thereafter, Palmer expanded Lucente's duties, and
Lucente tried to whip up sales with aggressive pricing of key Alpha
AXP computers.
Both efforts came too late. Jones estimates that only $10 million
of some $120 million in Alpha AXP sales for fiscal second quarter,
ended Jan. 1, were high-margin "server" machines. The vast majority
were low-price workstations. So there's more fallout to come. Even
if Palmer meets his goal of cutting employment to 85,000 by July,
from 92,300 now declining revenues could force more restructuring,
Wall Street analysts say. And Jones figures DEC will lose $75 million
more in the quarter ending March 26.
The bottom line? Palmer, who a year ago pledged to save DEC's
90,000 jobs, now must wonder if he can keep his own.
By Gary McWilliams in Boston
|
92.1825 | ...and the corporate response - INTERNAL USE ONLY | NECSC::LEVY | A song that's born to soar the sky | Thu Feb 03 1994 18:28 | 293 |
| Date: 2-FEB-1994 20:39:16.92
From: SHRMTS::SHRMTS::MRGATE::"MROMTS::SALES::A1::CORP_COMM"
Subj: ALERT: INFORMATION ON BUSINESS WEEK ARTICLE/DIGITAL
1
To: @Distribution_List
CC:
389 records, external message id MAIL$97940A6D00050097.MAI
Attributes: None
From: NAME: Corporate Communications
FUNC: Corporate Communications
TEL: 297-4658 <CORP_COMM AT A1 at SALES at MRO>
To: See Below
From ALAN GOLDSWORTHY, CORPORATE SALES COMMUNICATIONS, @MRO,
DTN: 297-5772/508-467-5772
The February 7th issue of BUSINESS WEEK (p. 32) contains an article
entitled "HOW DEC'S 'MINICOMPANIES' LED TO MAJOR LOSSES." This
negative article is sure to be read by customers, circulated in your
accounts by competitors, and may add customer relations challenges to
your work.
To help you prepare for questions and comments, below is a brief
overview summary of the article; a copy of a "Letter to the Editor"
that has been mailed to BUSINESS WEEK; some background for responding
to customer questions; and a copy of the letter that Ed Lucente sent
to the sales force this week describing our continuing commitment to
an industry focus.
In summary, the article's subheading -- "Red ink dooms an innovative
structure just recently adopted" -- speaks to one focus of the
article. It begins by underlining the creation of customer business
units in late 1992, called "minicompanies" by the journalist, then
alleges that the company's Q2 loss forced us to "abandon the CEO's new
structure in favor of a conventional organization in which the company
is built around product groups."
Although we pointed out to the journalist that the new business unit
will bring a balance to the company's industry and product
segmentation, and does not represent a diminishing of our industry
focus, the article refers to the establishment of the business unit as
"a clear repudiation of Palmer's strategy."
The author refers to anonymous and unsubstantiated "reports," that
Lucente soon will be named chief operating officer and president, and,
as such, "Palmer's designated heir." It is important that you clearly
state that Palmer is the President and Chief Executive Officer and
Lucente is the Vice President of worldwide sales and marketing, and
that this will continue. Palmer is not stepping aside.
INFORMATION ON BUSINESS WEEK ARTICLE ON DIGITAL, continued:
The article is constructed around a number of false premises and
inaccurate information. It includes several negative quotes from
analysts and other observers, in marked contrast to the generally
balanced observations made by most analysts after our Q2 results were
announced.
In response to this article, a "Letter to the Editor" has been written
and sent to BUSINESS WEEK. Attached is a copy of this letter, copies
of which you may provide to customers if appropriate. Also,
you may get questions from customers regarding the article and related
matters. Below are questions and answers you can use as background
for responding to your customers. No copy of the questions and
answers should be shared with customers -- it is a DIGITAL
CONFIDENTIAL document. Also, attached is another copy of Ed Lucente's
letter to the sales force, which was read to the journalist who wrote
this article before the story was completed. This letter will help
you underline the continued industry focus of our marketing efforts.
If you have any questions, you can call:
Joe Codispoti DTN 223-6767 1-508-493-6767
or Jeffry Gibson DTN 223-6865 1-508-493-6865
February 2, 1994
Mr. Stephen B. Shepard
Editor-in-Chief
BUSINESS WEEK
1221 Avenue of the Americas
New York, NY 10036
Letter to the Editor
'HOW DEC'S MINICOMPANIES
LED TO MAJOR LOSSES' -- February 7th
Gary McWilliams' article is an unfounded attack on
Digital's CEO and on our largely successful efforts to
serve our customers better and improve our operating
results.
Ignoring statements by Digital board members and company
representatives that apparently did not suit his
premise, Mr. McWilliams fabricated a story of internal
power struggles, failed to report the company's own
comments as to why our new Systems Business Unit was
created, failed to note Digital's significant progress
-- including five consecutive quarters of year-over-year
improvements in operating results -- and suggested
without any factual basis, that the creation of the new
unit was imposed by our board.
In fact, the Systems Business Unit provides an effective
way to focus on those products and services that cross
many industry lines and, thus, strikes a balance between
the product and industry dimension in the marketplace.
The Systems Business Unit strengthens, rather than
diminishes, Digital's strong customer-focused industry
programs. We continue to support an industry
orientation to solutions, since this is the way
customers want to buy products and services from us.
It should also be noted that, in addition to dramatic
reduction in our operating losses, other examples of
Digital's progress overlooked by Mr. McWilliams include
the success of our PC Business Unit, the implementation
of an incentive compensation program that is working,
and the acceleration of our technological leadership in
open client/server computing. This progress has all
been achieved since October 1992, under the leadership
of Bob Palmer.
Considering the number of years it took for Digital to
get into the trouble it was in, most people agree it is
unreasonable to expect us to complete our recovery in
just 16 months. We've shared all these facts with Mr.
McWilliams. It is too bad he didn't share them with
your readers.
Sincerely,
Charles B. Holleran
Vice President, Communications
DIGITAL CONFIDENTIAL
Q & A: SYSTEM BUSINESS UNIT ORGANIZATION
Q. Why have you established this new Systems Business Unit?
A. The Systems Business Unit allows Digital to increase its market
focus on our key systems offerings users that need to implement
open client/server solutions. Prior to this time, we had a very
strong focus on product development and a very strong focus on
industry segments and sales. This new business unit strengthens
the link between these functions.
Q. How does this affect the other product and service business
units?
A. The existing five product and service business units -- Personal
Computers, Storage, Components and Peripherals, Multivendor
Customer Services, Digital Consulting -- continue to operate as
they have, with their respective vice presidents reporting to
Bob Palmer.
Q. What is the status of the customer business units that had been
given P & L responsibility for a large portion of Digital's
business?
Have you diminished the influence of the industry-focused,
customer business units?
A. In October, the customer business units were unified with the
worldwide sales and marketing organization to improve response
time in the market. At that time we began to re-evaluate the
structure of the CBU's. That evaluation is still going on.
We will continue to have a strong industry focus. The structure
of how we do this will likely change.
Q. This appears to be a return to a product/technology focus for
the company, just a short time after Bob Palmer said he was
turning to a customer/industry focus. Is this so?
A. No. We are firmly committed to customer-focused industry
marketing programs, and remain clearly focused on understanding
and responding to customer needs in specific industries where we
add significant value. That translates into products and
services that help our customers succeed.
The System Business Unit will "complement"-- not replace --
Digital's strong customer-focused industry marketing programs.
It will strengthen the links between product development and the
sales territories, allowing Digital to better leverage marketing
and engineering resources and, more importantly, provide
customers the Open Client/Server Systems they need to solve
their problems.
QUESTIONS AND ANSWERS, CONTINUED:
Q. Is this new structure a setback for Bob Palmer, who seemed to be
committed to the customer business unit model?
A. We remain committed to a strong customer-focused industry
orientation. Only the organizational approach has changed.
The Business Week article addresses the competency of
executives, but contrary to the article the CBU executives have
considerable understanding and experience in their market
segments.
Q. There appears to be a great deal of organizational instability
at Digital at a time when your financial performance is well
below market expectations. Aren't you concerned this is eroding
confidence in the marketplace?
A. It took many years t get us in the difficulties we are
currently facing. It is unrealistic to expect us to complete our
turnaround overnight. While we are not satisfied with our
financial performance, we are making solid progress. We also
have the strongest product and service offerings in the market
today, along with a strong balance sheet. Organizationally, we
view the establishment of a systems business unit as a
fine-tuning, not a wholesale revamping of the organization. We
expect that such organization tuning will continue
as we continue to seek betters ways to serve our customers.
TO: Digital Sales People
Subject: Keeping our Customer Focus
In a videotape released last November, Bob Palmer addressed a concern
he shared with many of his senior managers about a loss of focus on
Digital products. Digital's product offerings have never been
stronger and as a company we have never been better positioned to
respond to marketplace opportunities with superior offerings across
the entire spectrum of Client/Server computing.
To help us more fully realize our potential, we announced last week
the Systems Business Unit and the senior managers who will lead it.
This unit strengthen the links between product development and the
sales territories, allowing Digital to better leverage marketing and
engineering resources and, more importantly, provide customers the
Open Client/Server Systems they need to solve their problems.
Organization changes raise valid questions. But sometimes the
questions lead to unproductive speculation and become an unneeded
distraction. That is where you have to step in. All the details and
working relationships of the new Systems Business Unit are not yet
finalized. When they are, we will share them with all interested
parties.
In the meantime let me clear up one question that has been raised
several times. This new unit has been put in place to complement --
not replace -- Digital's strong customer-focused industry marketing
programs. Digital remains fully invested and clearly focused on
understanding and responding to customer needs in every industry where
we can add significant value and where we can offer services and
products that help customers succeed.
You play a critical role as our most direct link to customers. As
such, I call on you to be active and aggressive in assuring customers
that we will constantly examine our structure and that when we change
our organization it is an action designed to serve them better.
Regards,
Ed Lucente
copy: Bob Palmer
Distribution:
This message was delivered to you utilizing the Readers Choice delivery
services. You received this message because you are part of the U.S. or
Europe Sales, Sales Support, Marketing, Communications, or Sales Operations
organization. If you have questions regarding this message, please contact
the author of the memo.
UNIX Users:
- to send VAXmail: READERCHOICE@SALES.enet.dec.com
- to send ALL-IN-1: READERS.CHOICE@MRO.mts.dec.com
|
92.1826 | | BIODTL::JC | cuz everybody's gotta go | Thu Feb 03 1994 18:35 | 6 |
|
all this bad press is driving DEC's stock down down down...
29 and change!
c'mon 25!
|
92.1827 | | SSGV01::TPNSTN::Strobel | Jetson, you're TFSO'd !!! | Thu Feb 03 1994 20:02 | 3 |
| 28 7/8 @ 4pm
how far does it have to drop before it passes Wang Labs B?
|
92.1828 | news from hlo | ESKIMO::DWEST | choose wisdom over intelligence... | Mon Feb 07 1994 14:37 | 115 |
| From: SCOMAN::PROPER "07-Feb-1994 1009" 7-FEB-1994 10:16:14.82
To: @SITEMAIL.DIS
CC:
Subj: SITEMAIL: ANNOUNCEMENT
+---------------------------+ TM
| | | | | | | |
| d | i | g | i | t | a | l | I n t e r o f f i c e M e m o
| | | | | | | |
+---------------------------+
To: SCO Employees Date: 7 February 1994
From: Ed Caldwell
Dept: Semiconductor Operations
Ext: 225-5036
L/MS: HLO2-2/M12
Node: SHARE::CALDWELL
Subject: Announcement
I am pleased to tell you about an exciting opportunity for Digital's
semiconductor operation. This morning a two year agreement was announced
between Digital and Advanced Micro Devices (AMD) under which Digital will
become a foundry for the AM 486 microprocessor family. Digital will produce
wafers for AMD at our SQF facility.
This positive news enables us to further capitalize on our investments in
leading-edge semiconductor process technology and microprocessor manufacturing.
We will be able to increase volumes in SQF which results in lower cost per
wafer for all of Digital's semiconductor products.
By building on our world-class semiconductor design and production
capabilities, we are able to play a key part in helping Digital return to
sustained profitability. Let's all work together to make this new and
exciting venture a success!
AMD AND DIGITAL ANNOUNCE FOUNDRY AGREEMENT
SUNNYVALE, CA-- February 7, 1994 --Advanced Micro Devices and
Digital Equipment Corporation today announced an agreement under
which Digital will become a foundry for AMD's Am486TM
microprocessor family. Digital will produce wafers for AMD at
its South Queensferry, Scotland, manufacturing facility utilizing
an adaptation of Digital's 0.68-micron process technology.
"The selection of Digital Equipment Corporation as a foundry
partner assures that AMD will have more production capacity to
meet growing customer demand for Am486 microprocessors," said
W.J. Sanders III, chairman and chief executive officer of AMD.
"The participation of Digital will further assure our customers
that our products will meet the highest standards of quality,
performance and reliability."
"As a merchant semiconductor vendor, this relationship
enables us to further capitalize on our investments in
leading-edge semiconductor process technology and microprocessor
manufacturing," said Robert B. Palmer, president and chief
executive officer of Digital. "This agreement will enable
Digital to produce increased volumes in our South Queensferry
Fab, resulting in lower cost per wafer for all of Digital's
semiconductor products. Building on our world-class
semiconductor design and production capabilities is a key part of
our ongoing plan to return Digital to sustained profitability."
This agreement is for two years with an option for extension
at the end of that period. Initial production shipments of Am486
products from wafers manufactured by Digital are expected to
begin in the fourth quarter of 1994. AMD expects that shipments
of Am486 microprocessors manufactured from die produced at the
Digital facility will reach an annual run-rate of 2,000,000 units
in the first half of 1995.
"From a long-term strategic perspective, this agreement also
assures that AMD will have added production capacity for current
and future generations of microprocessor products," Mr. Sanders
said. "With this foundry agreement, we have the ability to
allocate additional 0.5-micron manufacturing capacity at our
facility in Sunnyvale, California, to production of both our
high-performance Am486 devices and our fifth-generation K5
microprocessor products in 1995," Mr. Sanders continued. "In
effect, the Digital foundry will provide a 'bridge' during the
completion and initial production ramp of our new sub 0.5-micron
facility, Fab 25 in Austin, Texas, thereby assuring that AMD will
have in place additional capacity to meet expected demand for our
most advanced microprocessor products," Mr. Sanders concluded.
"Manufacturing the Am486 microprocessor at our Scotland
facility on the same line with our Alpha AXPTM microprocessors
complements our own production plan," said Ed Caldwell, Digital's
vice president of semiconductor operations. "This takes
advantage of our high-yielding 0.68-micron process. In addition,
we will be migrating this facility to 0.5-micron technology over
the next year to boost performance and output of both Alpha AXP
and Am486 microprocessors."
Digital Equipment Corporation is the world's leader in open
client/server solutions from personal computing to integrated
worldwide information systems. Digital's scalable Alpha AXP
platforms, storage, networking, software and services, together
with industry-focused solutions from business partners, help
organizations compete and win in today's global marketplace.
Advanced Micro Devices, Inc., the fifth-largest U.S.
manufacturer of integrated circuits, produces microprocessors and
related peripherals, memories, programmable logic devices and
circuits for telecommunications, office automation and networking
applications. AMD has sales offices worldwide, and has
manufacturing facilities in Sunnyvale, California; Austin, Texas;
Bangkok, Thailand; Penang, Malaysia; Singapore; and Basingstoke,
England.
####
Note to Editors: Am486 is a trademark of Advanced Micro
Devices, Inc.
Alpha AXP, Digital and the Digital logo are
trademarks of Digital Equipment Corporation.
CORP/94/384
|
92.1829 | Integrate, Don't Disintegrate! <- my group's new motto :-) | SUBPAC::MAGGARD | Ya don't hafta spell'em ta eat'em! | Mon Feb 07 1994 15:07 | 21 |
|
I find that announcement a surprise... ...and then again I don't.
I've been hearing talk about how SCO has recently come under the sights of
corporate finance -- "become profitable in # years or else!" Where the # is
either 2 or 3 and and the or-else is for real...
NEways, over lunch last week I was mumbling about SCO's current rate of
selling Alphas not being adequate to meet our costs... ...and that unless we
started seeling LOTS more alphas, etc. we'd never become profitable...
Then the 'cost reduction plague' would hit and SCO would be left making 486
and Pentium clones. Well, looks like SOME of my fears are coming true ... :-|
Actually, if we can avoid the layoffs, I think it's a great strategy. Lots of
jobs and business for the folks at SQF and AYO!
And for me too! :-)
- gold_wire-bond_support_dude
|
92.1830 | good move imho... | LUDWIG::DWEST | choose wisdom over intelligence... | Mon Feb 07 1994 15:54 | 10 |
|
the pressure on SCO to become a profit center is not new... the plans
are a couple of years old now... this is a reflection of plenty of
capacity but not enough demand for our own products... i think the
goal is to have SCO at break even somewhere around fy97... gotta pay
for fab6 one way or another! by building other peoples stuff here, our
cost per unit comes down pretty quick...
da ve
|
92.1831 | good move for us, anyway | GOOROO::DCLARK | like some junkie cosmonaut | Tue Feb 08 1994 12:55 | 9 |
| re: last few
that's pretty much what I've been hearing ... we aren't selling a
lot of alphas yet but we have this great world class fab sitting
here.
AMD is currently being sued by INTEL for copyright infringement
for its 486 clones. This may be good for SCO but not good for
those parts of the company that get 486 chips from INTEL.
|
92.1832 | Update from the foundation for American Justice | SALES::GKELLER | An armed society is a polite society - RH | Wed Feb 09 1994 12:29 | 129 |
| From: CRL::"snet-l-approval@world.std.com" 8-FEB-1994 23:53:14.53
To: snet-l-inbox@world.std.com
CC:
Subj:
Since I hadn't been posting for awhile, to give the feds the opportunity to do
something besides infest our echo, perhaps a short update is in order:
Sender: snet-l-approval@world.std.com
Precedence: bulk
Reply-To: snet-l@world.std.com
(1) Waco II was done, then I got a tape of an FBI home video and we're
including parts of it in Waco II which required major changes, holding us up
another week. Bear with us, hope you will think it was worth it. Order line:
317-749-9939 or American Justice Federation, 3850 S. Emerson Ave., Suite E.,
Indianapolis, IN 46203. $19.95 + $4 shipping & handling.
(2) Forgive Us, We didn't Know -- This is an 8 minute music video that hits
even the most cold-hearted media prostitute between the eyes with what Waco
was about. This is the one to show to local stations that haven't got the
picture, yet.
(3) We've had a lot of reports of various events involving black helicopters,
training of troops for house to house searches, and actual practice runs in
Alaska of black-suited non-identified people doing stops of vehicle traffic to
demand i.d., search the car at gunpoint (sounds like practice runs to me).
(4) Mike Benn, the fellow in Dallas, Texas who, with his wife, has
spearheaded the Impeach Clinton campaign, gathering more than 12 million
signatures, was visited two months ago by Secret Service. He told me that one
of the agents, as he departed, said, "You sure have a nice house to be doing
what you are doing." I talked to him three weeks ago and he told me that at
6:45 a.m. in the morning that Tuesday, black helicopters hovering overhead
woke him up. He looked out his window to see a "fog" rolling in. He went back
to bed and 15 minutes later, sirens woke him up and he went outside to find
his neighbor's house on fire. The house is virtually idential to his from the
air. Several white cars with men with portable phones arrived on the scene;
one told the fire marshall that "this was a lightning fire" (even though there
had been no storm or lightning); a truck arrived and took the family's
appliances out. The next day, another truck, this one a flatbed, arrived and
took everything out of the attic and roof, like charred roof parts. Mike hired
a private investigator who found four holes in the roof and an intact TV
antennae with two intact ground wires who said it definitely was not a
lightning fire. Mike believes the helicopters fired on the house and it was
intended to be his house.
(5) We have received video tape footage of Hines helicopters (East German) at
Ft. Polk, Louisiana; reports of the same at Ft. Hood, Texas. Marines were
practicing jumping out of helicopters over Mobile, Alabama (which has no
marine base).
(6) There are now 10 Seal Teams. Seal Teams 1 and 6 are the "anti-terrorist"
squads and Seal Team 10 is now Red Cell (Marchinko's old group). Two seal
teams are being assigned to each Carrier going to the Mediterranean. This is
unprecedented and probably means one team is training the other. We have
reports that Seal training has been cut two months and that the last four
months of training are done by CIA.
(7) Primers seem to be in very short supply or nonexistent here. Anyone who
knows where we can get large quantities of primer in 9mm, .45, .308, .223,
7.62, send netmail.
(8) On two radio shows I have done, a person claiming to be a Seal has called
in to say that as part of the Seal psychological profile, they are being asked
whether they would shoot American citizens and disarm them. The father of a
young man who recently applied to the Seals called and confirmed his son was
asked the same question in the application process.
(9) Waco: The government is intentionally throwing the trial -- putting up
witnesses that say enough to make the ATF look bad. Realize that the
attorneys ALWAYS know what witnesses will say before they put them on the
stand. The government would not be putting these witnesses on the stand to
say these things unless it wants to lose the trial.
Part of the people on trial are government agents. This has several reasons:
1) the feds had to come up with some survivors the day of the fire after a
reporter announced that 20 people had escaped out the back (21 people were
found shot, incidentally); 2) There were government agents who had infiltrated
Mt. Carmel from DIFFERENT agencies who didn't know about each other (i.e.,
Texas state and federal agents), who posed as Branch Davidians. By charging
them with a crime, they do not have to testify against themselves or admit
they are agents; 3) More damage control -- NO INFORMATION is getting out
except EXACTY what has already been "admitted" in the so-called independent
investigation into Waco, which is mostly lies.
I predict that 3-5 Branch Davidians will be convicted, the remaining 6-8 will
be acquitted.
It is now apparent that the majority of the survivors and all the people
interviewed on TV were part of a pre-planned effort to call the media and
government down on the Branch Davidian settlement. The stories were contrived
for this purpose. Koresh himself may have been part of the plan. His
grandmother insists she has seen him alive since the fire.
The judge in the trial:
(1) Picked the magistrate who signed the original warrant;
(2) Sealed the original warrants;
(3) Called the Branch Davidians "criminals" in the first seven orders he
wrote;
(4) Held secret arraignments;
(5) Held witnesses in jail and had them transported to and from the jail in
hand and ankle shackles, even 70-80 year old women;
(6) Picked ALL the appointed Defense Attorneys who are now representing the
Davidians;
(7) Cut the defense attorneys' salaries in half;
(8) Moved the trial to San Antonio, making it convenient for the government
attorney who is from San Antonio and the FBI, and expensive for the Defense
attorneys;
(9) Put a gag order on the attorneys;
(10) Hand-picked the jurors on the jury;
(11) Kept the names and identities of the jurors anonymous;
(12) Picked the 5 media people allowed in the Courtroom and two of them are
government affiliated.
Rigged enough that only the "official" truth gets out, that is for sure.
# Origin: Gun Control=Criminals & Gestapo vs. the Unarmed. (1:231/110)
# Origin: SearchNet --> FidoNet EchoGate! (114:1/0.0)
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|
92.1833 | | STUDIO::IDE | My mind's lost in a household fog. | Wed Feb 09 1994 13:16 | 9 |
| I just got off the phone with the rep. who did our mortgage refinance a
year ago. Was he calling me to say that rates are down? No, he
specifically asked me to put a recommendation into our "interactive
computer database thing." I think he even had some ad copy ready for
me had I asked.
Asking for a recommendation is a sure sign that you don't deserve one.
Jamie
|
92.1834 | Umm, nope, don't buy it.... | QUARRY::petert | rigidly defined areas of doubt and uncertainty | Wed Feb 09 1994 14:30 | 11 |
| Not to nit too much, but shouldn't these last few be in "The World We
Live In" rather than the one we work in?
GeoffK - gee, some people sound paranoid, don't they? Perhaps there is
some reason for it, though I'd like to believe a little better of
our government. And what's the reasoning behind the "Impeach Clinton"
campaign? Seems to me that you have to have some grounds, other than
not liking him, or believing tales of his sexual impropriety. Even
most of the Republican's seem to believe that if WhiteWater turns out
to be anything, it certainly won't be an impeachable offense.
PeterT
|
92.1835 | | TERAPN::PHYLLIS | you are the eyes of the world | Wed Feb 09 1994 14:41 | 6 |
|
I think the author wants to impeach him because of what happened in
Waco, although I'm not certain. I can't read anything that long this
early in the day. ;-}
|
92.1836 | | TOOK::PECKAR | sleep tight | Wed Feb 09 1994 15:53 | 13 |
| re: <<< Note 92.1833 by STUDIO::IDE "My mind's lost in a household fog." >>>
Mortgage companies are notorious for this. The one with which we refinanced
last year sent us a nice xmas card with a nice little poem the last line of
might as well have said: "and don't forget to mention us to your friends."
I would imagine that the lions share of their business really does come
word-of-mouth-wise
btw, I saw your mind wander by a few minutes ago. :-)
Fog_at_home_today_about_to_go_for_a_nice_ski_if_he_can_get_past_Jamie's_mind.
|
92.1837 | | STUDIO::IDE | My mind's lost in a household fog. | Wed Feb 09 1994 16:11 | 14 |
| Right . . . I'm not surprised that he asked to be recommended, just
that he called (out of the blue, after a year) and asked for a notes
conference recommendation. I've thought about it some more, and I
think that I did recommend the company in REAL_ESTATE, but didn't
mention this rep. specifically. Someone must've used them through
another rep., mentioned the recommendation, connections were made, and
this guy realized that he lost a potential commission.
Don't bother looking for my mind; it's a lyric (though only that one
verse applies). If you'd called 'round 7 you could've talked me out of
coming in and into skiing. Oh well, I didn't want to use the vacation
time anyway.
Jamie
|
92.1838 | more news about the AMD deal | STRATA::DWEST | choose wisdom over intelligence... | Thu Feb 10 1994 13:12 | 44 |
| From: SCOMAN::PROPER "09-Feb-1994 2148" 9-FEB-1994 21:54:45.85
To: @SITEMAIL.DIS
CC:
Subj: SITEMAIL: Foundry Agreement
+---------------------------+ TM
| | | | | | | |
| d | i | g | i | t | a | l | I n t e r o f f i c e M e m o
| | | | | | | |
+---------------------------+
To: SCO Employees Date: 9 February 1994
From: Ed Caldwell
Dept: Semiconductor Operations
Ext: 225-5036
L/MS: HLO2-2/M12
Node: SHARE::CALDWELL
Subject: Foundry Agreement
With the announcement of our agreement with AMD to act as a foundry
for AM486 devices, I wanted to clarify why we are doing this, and its
context in the ongoing legal dispute between Intel and AMD.
The ability to act as a foundry for AMD is an excellent opportunity
for Digital. It allows Digital to capitalize on our investment in
leading edge semiconductor manufacturing technology, and will result
in lower cost per wafer for all of Digital's semiconductor products.
This agreement is part of our ongoing plan to return Digital to
profitability.
As some of you may be aware, there is an ongoing legal dispute between
AMD and Intel. We will continue to monitor this litigation, but AMD
has assured Digital that it has all of the rights necessary to have
Digital act as a foundry, and is obligated to indemnify Digital in the
event a lawsuit were to be brought against us. Both Intel and AMD are
valued Digital customers and suppliers, and we expect that each will
continue to be strategic business partners.
Regards,
Ed Caldwell
|
92.1839 | and an interesting chip related story from todays VNS | STRATA::DWEST | choose wisdom over intelligence... | Thu Feb 10 1994 13:13 | 114 |
| From: CADSYS::DELNI::EXPAT::VNS "The VOGON News Service 10-Feb-1994 0509"
To: VNS-Distribution
CC:
Subj: VNS #3018 Thu 10-Feb-1994
<><><><><><><><> T h e V O G O N N e w s S e r v i c e <><><><><><><><>
Edition : 3018 Thursday 10-Feb-1994 Circulation : 6326
VNS COMPUTER NEWS: [Tracy Talcott, VNS Computer Desk]
================== [Littleton, MA, USA ]
IBM - To forgo rights to make Intel's Pentium
{The Wall Street Journal, 1-Feb-94, p. A3}
The move will free IBM to put more resources behind its rival PowerPC chip.
In a mutually beneficial relationship up until now, IBM, under license with
Intel, has manufactured its own Intel chips. It is less expensive than buying
the devices from Intel, and it ensures an adequate supply for IBM. For Intel,
however, the arrangement also insured that the world's largest PC maker would
be committed to using an Intel-designed architecture. The new agreement
leaves out the Pentium and allows IBM to increase its own production of the
486 chip. IBM now plans to make the 486 chip for 50% of its PC line, compared
with 20% under the old agreement. Last year, IBM shipped 4.3 million PCs with
Intel chips and expected to increase production by one million units this
year. James Cannavino of IBM said the company's IBM Personal Computer Co. unit
isn't abandoning its commitment to Intel and will buy Pentium chips as demand
for higher-power computers based on that line emerges. He said IBM's
relationship with Intel is "friendly, so far. But we're tough competitors."
But the new pact clearly signals that IBM may be betting against the Pentium
line. Mr. Cannavino said it would have cost IBM several hundred million
collars to build plants from scratch to make the latest Intel chip. The
Pentium requires two types of microprocessor technology, unlike anything else
IBM makes, Mr. Cannavino said. "Intel is going to be in the driver's seat and
will lower the price of Pentium, lower in return on investment for any Pentium
clone," observed Richard Zwetchkenbaum, an analyst at International Data Corp.
in Boston. In other words, Mr. Zwetchkenbaum said, IBM may have decided it
wasn't worth the investment to make Pentium chips because Intel will be
leading the way in slashing prices. But in the low run, IBM faces a
significant challenge. There is no guarantee that the world is going to want
its PowerPC chip. Only one product, the RS6000 workstation, has been
announced with the PowerPC chip. IBM doesn't yet have a desktop operating
system. IBM has promised a PC running on the new chip by the middle of this
year. It is also planning a host of consumer products that will run on a
family of PowerPC chips. IBM says the PowerPC will be swifter and less
expensive to manufacture than the Pentium, and will compete most directly with
Intel's next generation of Pentium chips.
Intel - To ship its next-generation chip in 1995, boost outlays for production
{The Wall Street Journal, 28-Jan-94, p. B5}
Intel said it will boost spending on new-factory capacity this year by 26%
to $2.4 billion. CEO Andrew Grove said at a meeting with securities analysts
in New York that it will demonstrate its next-generation chip, code named P6,
on PCs by this time next year and begin volume shipments by the 4th quarter of
1995. Intel's current flagship, the Pentium, was introduced last spring,
about four years after its 486 chip. Mr. Grove's remarks about P6 would
indicate Intel has cut its development time roughly in half. Though he did
not quantify shipments, a company spokesman said Intel sues the word volume to
suggest hundreds of thousands of chips. Mr. Grove also gave some of the first
technical details about the chip. He said P6 will offer an impressive six
million transistors on a chip, about twice as many as Pentium. It will
operate at about 300 MIPS, compared with about 100 MIPS for the current
Pentium version, he said. Mr. Grove said he expects Pentium to account for
15% of the PC business in 1994. He did not give a more detailed estimate, but
Rajiv Chaudrhi, an analyst at Goldman, Sachs & Co., predicts Pentium shipments
at between 6.5 million and 10 million units.
Cabletron - Breaks with First NH Banks. Suggests employees do the same.
{The Nashua Telegraph, 20-Jan-94, p. 1}
Cabletron is severing ties with First NH Bank and is urging its 2,200 New
Hampshire employees to do likewise after the bank passed over the computer
company in awarding a contract. Cabletron's move was prompted by a "desire to
do business with people who want to do business with us," said Michael Welts,
the company's marketing director. "We feel as a New Hampshire company we're
doing whatever we can to help the local economy and they should do the same,"
he said. Cabletron issued most employee checks through First NH and had First
NH automated teller machines in its facilities, Welts told Foster's Daily
Democrat of Dover. He said the ATM machines will be removed by the end of the
week. Welts could not say how much business Cabletron did with First NH, but
said the relationship was significant. He said the Bank of Ireland, which
owns First NH, helped Cabletron finance a plant it built in Ireland. First NH
declined to comment. "As a matter of policy, the bank does not comment on
internal business practices and the status of customer accounts," it said in a
statement. According to Foster's, Cabletron's bid to provide a computer
network system for First NH ranked last among four bids. The contract as
awarded to SynOptics Communications Inc., a California-based firm that is one
of Cabletron's chief competitors. In a memo to employees, Cabletron officials
urged them to do business with another bank. "We are severing all ties with
First NH. To the extent that you can do business with other banks, we would
appreciate it if you would, too," the memo said. Last year, SynOptics beat
out Cabletron and two other companies for an $8 million computer networking
contract with Public Service of New Hampshire and its Connecticut-based parent
company, Northeast Utilities. In October, Cabletron Chairman Craig Benson
criticized Northeast for bypassing a New Hampshire company in favor of a
California one. He contacted Gov. Steve Merrill and the New Hampshire
congressional delegation to voice his concern. The move prompted U.S. Sen.
Bob Smith to urge Northeast to reconsider, but the company refused. In 1992,
Benson urged vendors to contribute to Republican Edward Dupont's gubernatorial
campaign. Some vendors complained that they felt threatened, and the attorney
general's office investigated to see if Benson had broken any laws. The
investigation found no wrongdoing, but then-Attorney General John Arnold
advised Benson not to do anything similar in the future.
<><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><>
For information on how to subscribe to VNS, ordering backissues, contacting
VNS staff members, etc, send a mail to EXPAT::EXPAT with a subject of HELP.
Permission to copy material from this VNS is granted (per DIGITAL PP&P)
provided that the message header for the issue and credit lines for the
VNS correspondent and original source are retained in the copy.
<><><><><><><><> VNS Edition : 3018 Thursday 10-Feb-1994 <><><><><><><><>
|
92.1840 | | NAC::TRAMP::GRADY | Short arms, and deep pockets... | Thu Feb 10 1994 14:39 | 5 |
| Re: Cabletron....
Talk about sore losers...jeez.
tim
|
92.1841 | :^) oops! | ESKIMO::DWEST | choose wisdom over intelligence... | Thu Feb 10 1994 15:09 | 3 |
| ooops... forgot i left that piece in there!
da ve
|
92.1842 | | MKOTS3::ROBERTS_CR | the evening sky grew dark | Thu Feb 10 1994 15:46 | 5 |
| Cabletron shoulda thought about that thing that grandmothers say : 'some
day your chickens will come home to roost'. Meaning (to me) the thing
my Sicilian grandmother used to say : 'The fish stinks from the head'.
c
|
92.1843 | | SMURF::HAPGOOD | Java Java HEY! | Thu Feb 10 1994 19:59 | 10 |
| re: cabletron
I'd do the same thing - banks are a dime a dozen and they can shop
for a better deal now that they are big. They stuck with First NH
from a tiny company in NH and then First NH gets a chance to reciprocate
and they buy some other vendor's stuff.
kinda like back scratching you know....
bob
|
92.1844 | | AKOCOA::SMITH_D | 24 and there's so much more | Mon Feb 14 1994 12:39 | 9 |
|
Anyone see the Globe Article yesterday?
I saw some highlights...not too positive by any means!
Deane_who_has_plan_B_almost_completed
|
92.1845 | | JUNCO::DWEST | choose wisdom over intelligence... | Mon Feb 14 1994 13:41 | 2 |
| care to share any details for those of us who don't get the Glob?
|
92.1846 | | BIODTL::JC | cuz everybody's gotta go | Mon Feb 14 1994 15:10 | 23 |
| details, short edition:
- digital had a 1 - 1 1/2 yr lead on the next gen fast processor over intel,
apple, hp, ibm.
- during that time, digital failed to get marketing agreements with 3rd parties;
nintendo, for instance, is going with a MIPS chip instead of ALPHA. The
powerPC chip is going to be in FORD cars instead of alpha.
- article asserts that digital has no lead now, essentially, we blew the lead.
yeah, we have some marketing agreements, but nothing that is going to make
alpha a household name, like, Intel "486" "386", "Pentium" (TM).
- digital needs to crank alphas out in volume: 2M units/yr otherwise we'll
won't cash in on our investment, we'll lose in the long run, and digital
won't have anything else to make us the $$$ we need to survive. vaxes
had a 60-100% markup; alphas will range from 10-30%. we need to sell a
ton of alphas to get some good revenue in here.
how true is the article? i don't know. if it is on the mark, then digital
really f*d this one up bad.
|
92.1847 | | E::EVANS | | Mon Feb 14 1994 17:23 | 8 |
|
I recall David Stone (God rest his soul) saying that Digital needed to sell
100 TIMES more Alphas than VAXs for the investment in Alpha to be worthwhile.
At the current rates, it don't look like we are going to get to that level.
Further, I don't see what we are doing to get us to the 100x levels.
Jim
|
92.1848 | the glob article from vns | STRATA::DWEST | choose wisdom over intelligence... | Tue Feb 15 1994 11:55 | 224 |
| From: CADSYS::DELNI::EXPAT::VNS "The VOGON News Service 15-Feb-1994 0509"
To: VNS-Distribution
CC:
Subj: VNS #3021 Tue 15-Feb-1994
<><><><><><><><> T h e V O G O N N e w s S e r v i c e <><><><><><><><>
Edition : 3021 Tuesday 15-Feb-1994 Circulation : 6320
VNS COMPUTER NEWS: [Tracy Talcott, VNS Computer Desk]
================== [Littleton, MA, USA ]
Digital - Is it too late for Alpha
{The Boston Globe, 13-Feb-94, p. 77}
[This is the entire article - TT]
Digital Equipment's future depends on the superfast chip - but its one-year
lead over rivals is gone
Searching desperately for a new product to speed it back to financial
stability, Digital Equipment Corp. built itself the equivalent of a
cutting-edge, high-performance Ferrari race car.
Then it couldn't manage to find any gasoline.
That is the way some analysts have come to see Digital's predicament 15
months after the company released its most important new product, the Alpha
AXP computer chip.
The chip is good or even great, they say, the fastest on the market. It
makes a strong engine for a line of computers that Digital hopes will return
it to prosperity. And yet the software, the market excitement, the
partnerships with other companies - all the things that would give the great
new product some fuel - are sorely lacking.
Even worse for the company and its 93,000 employees, more than a year has
passed in which Digital had the field to itself.
Now, the market for high-performance microprocessors is about to become
crowded with rival products from Motorola Inc., IBM and Intel, all giant
companies that by some accounts will muscle Digital from the road.
"A year and a half lead has evaporated," said David M. Smith, an analyst
with International Data Corp. in Framingham. "They have a plant in Hudson
that can build millions of Alpha chips, but what's going to happen? You must
ask yourself about the investment that Digital made in Alpha."
"Digital blew it," said Richard D. Buchanan, an analyst with Forrester
Research Inc., a market research firm in Cambridge. "They did not execute ...
they frittered away that year."
Others both in and outside Digital say it is too early to know whether the
chip will become popular. Selling a new generation of technology, they argue,
Digital needs time to convince buyers of Alpha's strengths. In addition,
buyers will only look at a new type of computer when they know what functions
it can perform., and software that runs on Alpha-powered machines is just now
being released.
But while the market evaluates Alpha, Digital is losing money and slashing
jobs. Digital cannot wait forever for Alpha to gather speed.
As its famous minicomputers have fallen out of favor, Digital has lost $3.8
billion in the past three and one half years. Ten of the last 11 quarters
have been unprofitable. Once the nation's second-largest computer company,
Digital recently slipped to No. 3 behind IBM and Hewlett-Packard.
In a bull market, investors have become impatient with the company, sending
its stock to the lowest point in 13 years. Digital shares closed Friday at
29 3/4, far below the near-200 level of 1987.
Chief executive Robert B. Palmer acknowledges that morale is low. "Many of
you are not happy, and in many cases you're not engaged," he told employees
this month in a company-wide address. "That doesn't surprise me. Frankly,
some days it's hard for me, too."
Palmer added, however, that Digital is operating near its break-even point
and will see profits soon. And his view has support on Wall Street, from
analysts at Prudential Securities, S.G. Warburg & Co. and several other firms.
Some expect the company to turn a profit in 1995.
But if Alpha fails, those expectations will likely fall flat, too.
Alpha is Digital's entry in a class of microprocessor known as RISC, for
reduced instruction set computing. Microprocessors act as the "brains" of a
computer, and the new RISC chips make computers work faster than ever, with
software that is more complicated than before.
For the companies building them RISC chips also offer hope they can finally
steal a significant piece of the chip market away from Intel, the behemoth of
the industry, with a more than 80% market share.
Digital is not aiming to be the No. 1 chip maker, but it needs to sell Alpha
in volume, some analysts say. Just as cutthroat competition has steadily
driven down the price of personal computers, the price of components is
falling as well. Producers have to sell many more components to make a
profit, which they then spend to develop the next generation of products.
At the same time, Digital needs to sell a high volume of Alpha chips and
Alpha-powered computers to offset revenue it no longer earns from its VAX
minicomputers. In fact, it needs to offset every lost VAX dollar with more
than a dollar in Alpha sales.
That is because minicomputers carried a profit margin of 60%, while Alpha
machines - workstations, personal computers and a type of computer called a
server, which stores and sends files on a computer network - carry margins of
30% to as low as 10%.
So, where will Digital get the volume?
IBM, Motorola and Apple - which have collaborated on the development of a
RISC chip called PowerPC - scored a win last year when Ford Motor Co. said it
would use the chip to control mechanical functions in new Ford cars. The deal
came even though a retired Ford chairman and chief executive sits on Digital's
board.
A RISC chip from MIPS Technologies Inc. received a boost this month when
Nintendo of America Inc. agree to use it in its next generation of video
games. In the United States alone, home video games are a $6 billion
business. Some analysts say they have seen few similar volume-building deals
from Digital.
Sun Microsystems is already the leader in selling RISC-powered workstations
- a powerful type of desktop computer - and has a cadre of loyal users. So
does Hewlett-Packard.
Sun and Hewlett-Packard have had RISC chips on the market for several years.
But when Digital released its Alpha in November 1992, it was generally
recognized as a full step ahead in speed and processing ability.
Within months, however, that lead will be gone, many say. While Alpha may
still be the fastest chip, PowerPC and a new Intel chip called Pentium will
start to ship in volume. And the volumes will be large.
Apple and IBM make more computers than anyone in the nation, and Intel
already sells more chips than anyone. Intel's Pentium - which, although not a
RISC chip, is similarly speedy - can run the tens of thousands of software
applications that work on the older Intel products, giving it a significant
advantage.,
Digital has inked a number of deals with companies that will use the Alpha
in their products, They include Kubota Corp., which makes high-end
workstations, the super-computer company Cray Research, and Olivetti, the
world's 13th largest computer maker.
But some analysts are unimpressed.
"You don't have a Compaq. You don't have a brand-name PC maker picking up
Alpha yet," says Jack Fegreus, editor of Digital News & Review, a
Newton-based trade magazine.
Digital's "problem is that nobody else who really matters in the grand
scheme of things has adopted the Alpha architecture," said Marc Schulman,
president of Technology Strategies Group, a Stamford, Conn., consulting firm.
"Until then, people will view Alpha as a chip only for use in DEC systems."
To Digital, which is working on a new $425 million plant in Hudson to make
Alpha and other chips, this kind of talk is not fair.
Company officials say they are confident they can meet the threshold of 2
million Alpha chips sales each year they need to remain a viable chip maker.
Besides Alphas, said Ed Caldwell, vice president of semiconductor operations,
the company will have to sell 3 million of other types of chips.
"We're not trying to be everything to everyone. We're trying to achieve
market domination in the segments that offer us the best opportunities," said
Willy C. Shih, a Digital vice president for several lines of Alpha products.
"Let IBM take on Intel," he said. "We're targeting only certain focused
markets."
At the annual Toy Fair expo in New York tomorrow, for instance, Kubota
Pacific Computer Inc. is slated to announce an $11 million deal to supply
Alpha-powered workstations of Visions of Reality Corp. for "virtual reality"
games to be placed in malls and amusement parks. Digital officials say the
deal opens a growing opportunity.
In developments not previously reported, Digital has won seven major
technical tests of video-on-demand systems. Digital supplied "video servers,"
which store and send movies and other programming to viewers on demand. The
company says these servers represent a new and potentially lucrative market.
Alpha is also appearing as an "embedded microprocessor" in a number of
products. Embedded chips control the functions of a variety of machines, fro
microwave ovens to stair-climber exerciser machines.
Most important, say Digital officials and some analysts, is that the
software to support Alpha is just beginning to become available.
By midyear, 1,200 to 1,500 software applications will have been announced,
Digital officials say. These are programs that help bankers, financial
analysts, product designers and other people who use computers to do work.
At the same time, Alpha's success is closely tied to how consumers view a
core layer of software called the operating system which controls a computer's
basic functions.
Alpha runs on several kinds of operating systems but the one that could
drive most of its sales is called Windows NT. Microsoft created Windows NT
and hopes it will become the standard for computers linked in networks in
businesses. Digital worked closely with Microsoft to make sure Alpha worked
well with the operating system.
But Windows NT itself was somewhat late, and market acceptance is moving
slowly. Analysts are divided on whether the system will eventually catch on
and help push Alpha.
"This is not a blitzkrieg," said Caldwell, Digital's vice president, of the
coming chip wars. It's a war of attrition. It's about who can keep
investing, who can keep making innovations.
Digital will need cash to sustain the war. Until Alpha catches on with new
customers, the company and some analysts have taken solace in the thought that
Digital can sell its new products to its huge base of existing minicomputer
customers.
Even there, Digital has a challenge.
Interprovincial Pipe Line Inc., an Edmonton, Alberta, operator of oil
pipelines, has been a Digital client for years. Now, the company wants a new
system to help it schedule how oil runs through its pipelines.
The new system will run on desktop computers and servers, rather than on
Interprovincial's Digital-made VAX minicomputers. Besides Digital, project
manager Bob Crosty has invited Sun Microsystems and Hewlett-Packard to set up
computers in his shop and show what they can do.
Now and in the future, Crosty said, Digital will have to compete for
Interprovincial's business against other companies, project by new project.
[The following time line accompanies the article - TT]
Alpha represented Digital Equipment's hope for the future when it was
unveiled by former chairman Ken Olsen in 1992.
Chairman Robert Palmer is under pressure as Alpha battles for a place in an
increasingly competitive market.
October 1990 - Digital gives official status to an internal group developing
Alpha.
July 1991 - IBM and Apple announce alliance to work on their new chip,
PowerPC. The deal is compared to Ford and GM building a new
car engine together.
February 1992 - After three years of work and an estimated $500 million
investment, Digital unveils Alpha. Two computer makers
already say they will use the chip: Cray Research Inc. and
Kubota Corp. of Japan.
March 1992 - Digital pays a hefty premium for a stake in Olivetti of
Italy, which will now put Alpha in its computers.
November 1992 - Digital unveils its first Alpha machines, nearly a year
ahead of the first PowerPC appearance.
March 1993 - Intel introduces its high-powered Pentium chip.
September 1993 - IBM introduces first workstations using PowerPC.
October 1993 - Intel says that more than 60 different computer makers are
using Pentium chips.
November 1993 - Apple says it wants to put PowerPC chips in its popular
Macintosh computers as soon as possible, indicating big
sales for the chip.
Late 1993 - PowerPC chosen as mechanical control chip for Ford cars.
January 1994 - Digital reports unexpected loss for final quarter of 1993,
its 10th loss in 11 quarters.
February 1994 - Nintendo says its next generation of video games will use
MIPS chips, generating volumes for another Alpha competitor.
March 1994 - Macintosh with PowerPC is scheduled for launch.
Mid-1994 - First IBM personal computers with PowerPC are due.
<><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><>
For information on how to subscribe to VNS, ordering backissues, contacting
VNS staff members, etc, send a mail to EXPAT::EXPAT with a subject of HELP.
Permission to copy material from this VNS is granted (per DIGITAL PP&P)
provided that the message header for the issue and credit lines for the
VNS correspondent and original source are retained in the copy.
<><><><><><><><> VNS Edition : 3021 Tuesday 15-Feb-1994 <><><><><><><><>
|
92.1849 | good press in vns and elsewhere... | LUDWIG::DWEST | choose wisdom over intelligence... | Wed Mar 02 1994 12:22 | 204 |
|
stock up and lots of good press today!!!! check that out... GOOD
news for a change... :^) :^) :^)
da ve
From: CADSYS::DELNI::EXPAT::VNS "The VOGON News Service 02-Mar-1994 0509"
To: VNS-Distribution
CC:
Subj: VNS #3030 Wed 2-Mar-1994
<><><><><><><><> T h e V O G O N N e w s S e r v i c e <><><><><><><><>
Edition : 3030 Wednesday 2-Mar-1994 Circulation : 6327
VNS COMPUTER NEWS: [Tracy Talcott, VNS Computer Desk]
================== [Littleton, MA, USA ]
Tuesday's Market Digital Fair Market Value
Quote Change Dow Jones Change 28-May-1993 $44.50
IBM 53 5/8 + 3/4 30-Nov-1993 $36.812
HPkd 89 7/8 - 3/4 85% of lower $31.50
Msft 83 1/4 + 3/4 1-Dec-1993 $35.875
DEC 31 1/4 +2 1/8 3809.23 -22.79
Nynex, Ameritech - Said to choose Digital to supply video-server systems
{The Wall Street Journal, 25-Feb-94, p. B8}
[This is the entire article - TT]
Unfazed by the collapse of the Bell Atlantic Corp.-Tele-Communications Inc.
acquisition agreement, other Bell companies are pushing ahead with plans to
build parts of the information superhighway on their own.
Industry insiders said yesterday that two more regional telephone companies,
Nynex Corp. and Ameritech Corp., have picked a supplier for video-server
equipment - the systems that will digitize, store and distribute movies and
other interactive fare over telephone lines. The surprise winner is dark
horse Digital Equipment Corp., which had one only one other video-server
contract, with U S West Inc.
Nynex is expected to announce new plans soon for a test of video-on-demand
services in New York, Portland, Maine, and eastern Massachusetts, pending
regulatory approvals. Digital's role will be to provide the computer and
data-storage systems for the trials.
Digital also has won a video-server contract with Ameritech, the
Chicago-based Baby Bell, people close to the discussions say. Digital has
apparently displaced IBM, which was expected to win the order.
Digital and U S West, the Colorado-based Bell company, are proceeding with a
video-on-demand trial beginning this spring in Omaha, Neb. In California,
Pacific Telesis Corp. has teamed up with Hewlett-Packard Co. for video
servers. The company said it plans for a high-capacity interactive network
are unaffected by the Bell Atlantic-TCI breakup. Nynex and Ameritech echoed
that settlement.
Potential $5.1 billion market
The seven Bells are among the largest potential buyers of video servers, as
each upgrades its network to handle interactive video programming. Hardware
and software companies are scrambling for a piece of this emerging market,
though estimates of its size vary widely: Dataquest Inc., a market researcher,
says it could grow to as much as $5.1 billion in three years.
Those in the fray include IBM, AT&T, Hewlett-Packard, Oracle, and Silicon
Graphics.
A Digital spokesman wouldn't comment on pending contracts. Nynex confirmed
that Digital has won server contracts but wouldn't detail the New York,
Massachusetts and Maine video-service rollouts. An Ameritech spokesman would
say only that "we're in the final stages of negotiation. We expect to make an
announcement in the near future."
The Ameritech spokesman added, however, that a trial of video-server
technology running on an IBM mainframe, which began in late 1992 and was
widely reported, "has concluded." He wouldn't discuss the test's results,
calling it "a learning experience." In Armonk, N.Y., an IBM spokesman
declined to comment.
A boost for Digital's Alpha
The new business is a boost for Digital and its new product line built
around the high-speed Alpha computer chip, which Digital says is uniquely
suited to the rapid compression and transmission of large amounts of data
required in video servers. But Barry F. Willman, an analyst at Goldman Sachs
& Co., said that the likely contracts "will have little near-term impact on
the company's financial picture. It's an important benefit for the long term,
but restoring profitability is more important right now."
Digital, struggling with a wrenching transition to the new Alpha product
lines, reported a $72 million loss, or 53 cents a share, on revenue of $3.25
billion in the fiscal second quarter ended Jan. 1.
Joe deMauro, a Nynex product developer, said the company picked Digital for
its initial trials on the strength of its scalable design and the "very
attractive" way it handles storage of video data.
"You can start small and grow as large as you need, as your requirements
grow," he says. The system also has a tiered storage architecture that
allows the most popular movies to be held in instantly accessible memory,
less-popular movies to be stored on hard-disk arrays and a larger library of
films in a tape library.
Digital - To build plant in Malaysia
{The Boston Globe, 1-Mar-94, p. 40}
Spurred by a five-fold increase in storage product revenue in the last
fiscal year, Digital said that it would build a new manufacturing plant in
Malaysia and would boost staffing at its plant in Colorado Springs. The
112,000-square-foot plant in Penang, Malaysia, will make disk drives, with
production slated to start in June. Expansion at the Colorado disk drive and
storage plant will boost employment by 700 to 3,500 Digital said. The company
aims to triple its disk drive production at the Colorado plant by the end of
the year. All disk drives made in Malaysia and most of those made in Colorado
will be sold to manufacturers other than Digital
Digital - Systems receive two process industry awards
{Livewire, Worldwide News, 1-Mar-94}
According to two independent surveys of engineering and manufacturing
professionals in the process industries, computer systems from Digital are
among the most respected and widely used.
The survey results, published in the December 1993 edition of "Chemical
Processing" magazine and the January 1994 edition of "Control" magazine,
demonstrate the strength of Digital products in addressing the demanding needs
of process manufacturers.
Digital's Alpha AXP architecture won praise from a distinguished panel of
judges in "Chemical Processing" magazine's 1993 Vaaler Awards. The Vaaler
Awards honor the chemical industry's most innovative new developments, based
on their ability to improve chemical industry operations, reduce costs, or
increase safety.
The award for Alpha AXP cited the architecture's ability to run critical
chemical industry applications, including embedded process control,
supervisory control, and manufacturing planning and control. Digital's Alpha
AXP family of products, based on the world's fastest microprocessor, was the
only computer system technology to receive a Vaaler Award. The powerful 64-bit
Alpha AXP systems are operating-system independent, providing users the
widest choice of UNIX, Windows NT, or OpenVMS operating environments.
"This award validates the feedback we've received from our customers --
that, with the Alpha AXP architecture and its large portfolio of applications
from leading software vendors, Digital is well-positioned for continued
leadership in manufacturing and technical computing," said John Klein, vice
president of Digital's Consumer, Process and Transportation business unit.
"Customers are deploying Digital's Alpha AXP systems throughout the enterprise
-- as clients and as servers -- to solve real manufacturing problems."
In "Control" magazine's 1994 Readers' Choice awards, Digital received the
highest percentage of votes for any vendor in the computer and software voting
categories. Digital dominated the minicomputer/mainframe category, winning an
impressive 62% of votes. Trailing in second place was IBM, which attracted 19%
of votes, and in third place, Hewlett Packard, with 7% of the votes.
"As our customers make the move to more cost-effective client/server
architectures, Digital's systems are continuing their leadership role as
manufacturing information servers," said Jesse Lipcon, vice president of
Digital's Systems Marketing group.
"Chemical Processing" magazine is read by over 80,000 production,
engineering, and R&D professionals, primarily in the chemical and petroleum
industries. "Control" magazine reaches over 75,000 instrumentation and process
control professionals in industries including chemicals, food and beverage,
utilities, metals and glass, and petroleum.
____
UNIX is a registered trademark of UNIX System Laboratories, Inc., a wholly
owned subsidiary of Novell, Inc. Windows is a trademark and NT is a
registered trademark of Microsoft Corp. IBM is a trademark of International
Business Machines Corp. HP is a trademark of Hewlett-Packard Co.
Digital - Gerald Meyer, former deputy director of FDA, joins Digital
{Livewire, Worldwide News, 1-Mar-94}
Gerald F. Meyer, former deputy director of the U.S. Food and Drug
Administration, will join Digital's worldwide Pharmaceutical Industry Business
Group as director of Development and Regulatory Affairs. Meyer will work
closely with Digital's global pharmaceutical and biotechnology customers
across a broad range of activities relating to the development, manufacture,
review, and regulatory approval of pharmaceuticals and related products.
Meyer brings to Digital more than 20 years of experience with the FDA,
including the last eight years as Deputy Director of the FDA's Center for Drug
Evaluation and Research. As Deputy Director, Meyer was instrumental in
reducing backlogs of overdue drug applications, developing tracking systems to
monitor the review of applications, supporting the development of computer
assisted new drug applications (CANDA), and encouraging the acceptability of
computer integrated manufacturing systems.
"Gerry's appointment underscores Digital's commitment to delivering
industry-specific expertise and solutions to solve the critical business
issues facing pharmaceutical firms today," said Nancy Strecker, executive
director of Digital's Pharmaceutical Industry Business Group. "Gerry is an
acknowledged catalyst for the evolution of computer technology to address the
challenges of regulatory compliance. He's well-known for significant
contributions that facilitate a broader approach to drug development, and for
providing concrete strategies that meet the combined needs of regulatory
agencies, drug manufacturers, and consumers."
Commenting on his appointment, Meyer said, "I was attracted to Digital for
two reasons: the company's record for investing in the pharmaceutical
industry, and the caliber of people who are focused on developing and
delivering those solutions. I've had the pleasure of working with some of the
most innovative pharmaceutical firms in the world. I'm excited to now be
working for one of the most innovative information technology companies in the
world."
Meyer has worked extensively with the international pharmaceutical
community, providing advice and assistance to the industry as well as to
government regulatory agencies in countries such as China, Egypt, and Japan.
Earlier this year, he was recognized by the Pharmaceutical Manufacturers
Association for his regulatory management contributions in 1993 which led to
an average three-month reduction in new drug review and approval time.
Prior to his role as deputy director, Meyer served as FDA's associate
commissioner for Management and Operations, and as director of the Office of
Legislative Affairs.
<><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><>
For information on how to subscribe to VNS, ordering backissues, contacting
VNS staff members, etc, send a mail to EXPAT::EXPAT with a subject of HELP.
Permission to copy material from this VNS is granted (per DIGITAL PP&P)
provided that the message header for the issue and credit lines for the
VNS correspondent and original source are retained in the copy.
<><><><><><><><> VNS Edition : 3030 Wednesday 2-Mar-1994 <><><><><><><><>
|
92.1850 | | TERAPN::PHYLLIS | you are the eyes of the world | Wed Mar 02 1994 12:40 | 7 |
|
Well, finally. Digital won the NYNEX contract a long time ago - I've
been wondering how long it would take before the public announcement.
Video on demand is big business. I hope some of the other RBOCs come
this way too..
|
92.1851 | so whats the bigger picture like these days? anyone have any ideas? | LUDWIG::DWEST | choose wisdom over intelligence... | Wed Mar 02 1994 12:50 | 10 |
| now some of these bigger contracts aren't really going to mean money
inthe coffers immediately to be sure... still, Q1 was profitable...
Q2 was a loss... supposedly thre was lots of business in the stream
that we couldn't move for Q2 so now i'm wondering what the outlook is
for Q3 (ending soon) and whether or not we can manage a profitable Q4??
could we go 2 for 4??? maybe even 3 for 4 in terms of profitable
quarters??? is a profitable fiscal year still a possibility??? i'd
sure like to think so... any clues?
da ve
|
92.1852 | | CX3PT1::BSS::DSMITH | thats a joke son! | Wed Mar 02 1994 12:57 | 13 |
|
Digital made the front page news here in Colorado Springs
Big headline about how Digital is goung to be hiring 600 people.
Good news for some, but don't tell that to the people that got TFSO'd
this week.
Divide Dave, waiting for his 250 shares of stock to worth selling!
|
92.1853 | rumors... | LUDWIG::DWEST | choose wisdom over intelligence... | Wed Mar 02 1994 13:01 | 68 |
|
well, the things you find when you look around some more... according
to replies in DIGITAL (aka "rumor central") here's what's being said:
(headers removed since i didn't get authros permission)
-< good news >-
--------------------------------------------------------------------------------
Yes according to the news report, the analyst is projecting a small
Q3 loss (.90/share) and a small Q4 profit. They said that Q4 would
be the turning point and that FY95 would return about $2.00/share.
-< I did it (bad timing) >-
--------------------------------------------------------------------------------
I heard two stories about the stock price runup, but have a theory
of my own.
One is that the Street figured that our new 21030 graphics accelerator
chip would make some money. It's quite competitive, at least at first
glance.
Two is that somebody raised our attractiveness rating a notch.
My theory is simpler. I sold a bunch last Friday.
-< Here's a response from DEC on the move >-
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
From: NAME: BRAD ALLEN
FUNC: INVESTOR RELATIONS
TEL: 508-493-7182 <ALLEN.BRAD AT ROLAIDA1 at MLMAIL at MLO>
Date: 01-Mar-1994
Posted-date: 01-Mar-1994
Precedence: 0
Subject: Salomon Brothers Upgrade 1
To: See Below
Salomon Brothers this morning upgraded Digital to a buy
recommendation, based on several factors including:
Analyst expectations are pretty well "washed out"
Negative currency and supply issues thought to be less
negative in Q3
AMD 486 foundry arrangement an important development in
managing vital semiconductor costs
He expects sequential Alpha WS revenue growth
His surveys of Fortune 500 found 42% intend to buy
Digital workstation products
More than 50% of those will buy alpha
>1/3 of those not buying from Digital are not yet aware
of Alpha in detail which he views as sales and marketing
coverage which the company is focused on fixing
UNIX software availability is improving, he looks for
late first half, early second half of CY 1994 benefit.
Stock opened up 1 1/8 at 30 1/4 and currently is trading up 1 5/8
on 1.8M shares traded.
|
92.1854 | more rumors | SALES::GKELLER | An armed society is a polite society - RH | Wed Mar 02 1994 13:48 | 7 |
| The latest rumors that I've heard are for a small profit this quarter and
Q4 and possibly breaking even or even being a little in the black for the
year.
Here's hoping...
Geoff
|
92.1855 | | TERAPN::PHYLLIS | you are the eyes of the world | Wed Mar 02 1994 13:50 | 5 |
|
If we're going to be profitable this quarter, a lot of folks must be
forecasting a hell of a March.
|
92.1856 | | SLOHAN::FIELDS | Strange Brew | Wed Mar 02 1994 13:57 | 3 |
| > Hell of a March.
oh good maybe it will melt some of this freaking snow !
|
92.1857 | salem_heads? | MKOTS3::ROBERTS_CR | the evening sky grew dark | Tue Mar 08 1994 17:56 | 4 |
| So who works in Salem (NIO) ? I"m here this afternoon fillingin at
the library.
c
|
92.1858 | Do we have a lie-berry??? | SALEM::BENJAMIN | | Tue Mar 08 1994 23:38 | 3 |
| I'm here now...:-) Hope you enjoyed our humble facility.....
:-) daveB
|
92.1859 | who is in NIO newaze! | SALEM::BURNS | how's 'bout a war on violence! | Wed Mar 09 1994 10:19 | 3 |
| You still there Carol? If you are I'll stop by with coffee ;^)
Andy_who's_usually_outta_the_place_by_2:30_:^)
|
92.1860 | | MKOTS3::ROBERTS_CR | the evening sky grew dark | Wed Mar 09 1994 12:11 | 8 |
| I was just there yesterday for the afternoon. The other librarian is
in Florida for two weeks..nice choice! We're taking turns from the
MKO site - filling in at NIO. Today my manager will be there.
I met Chris LeBlanc yesterday - that was nice. Phyllis, he makes me
think of some guy named Frank who I met at one of your parties.
c
|
92.1861 | | TERAPN::PHYLLIS | you are the eyes of the world | Wed Mar 09 1994 12:16 | 5 |
|
Hmmm - I can't really think of a Frank. Oh wait, was he a friend of
Derek Davies? Blond?
|
92.1862 | | SALEM::BURNS | how's 'bout a war on violence! | Wed Mar 09 1994 12:29 | 1 |
| Well be sure to let
|
92.1863 | | MKOTS3::ROBERTS_CR | the evening sky grew dark | Wed Mar 09 1994 12:30 | 3 |
|
oh yeah - that's right - a friend of derek's. yup blond
|
92.1864 | | SALEM::BURNS | how's 'bout a war on violence! | Wed Mar 09 1994 12:33 | 3 |
| Wooops...Newaze, be sure to let us know if'n you'll be back!
peace,Andy
|
92.1865 | Advance Vacation Elimination | SLOHAN::FIELDS | Strange Brew | Fri Mar 11 1994 12:26 | 8 |
| anyone hear this one yet ?
Advance Vacation Elimination....
gee Im baffeled here, one week they beg us to use our vacation and
request advance vacation now they wanna get rid of it !
Chris
|
92.1866 | | SMURF::HAPGOOD | Java Java HEY! | Fri Mar 11 1994 13:08 | 10 |
| <<< Note 92.1865 by SLOHAN::FIELDS "Strange Brew" >>>
> Advance Vacation Elimination....
This might be the thing they started talking about a year or so ago...
where you can only have so much vacation accrued. You have to be down
to less than the max allowable for you or you lose it...not sure when
that starts. Could that be it? I don't know....
bob
p.s thanks for the parrot info
|
92.1867 | another bennie bites it... | STRATA::DWEST | choose wisdom over intelligence... | Fri Mar 11 1994 13:47 | 16 |
| this hit DIGITAL notes yesterday... no more advance pay for
vacations... they were going to announce it last year but when the
message came out asking peolpe to take vacations they postponed
it...
the rationale was that very few people used it and most have direct
deposit... only like 3% of employees (still, a few thousand people!)
were taking advantage of it... apparently that's not enough people to
matter... :^(
i ahven't used the feature in a few years since i haven't been taking
big vacations... sad to see it go though... i figured i'd use it this
year to have some extra pocket money if i go west for vegas shows etc
for a few weeks...
da ve
|
92.1868 | | CXDOCS::BARNES | | Fri Mar 11 1994 13:49 | 3 |
| the few times I did get advance vac pay...i came back broke and had
to wait awhile for the next check...never again.
rfb
|
92.1869 | pay memo | STRATA::DWEST | choose wisdom over intelligence... | Fri Mar 11 1994 13:58 | 65 |
|
Subj: #5652-Elimination of Advance Vacation 1
From: NAME: US Payroll @PKO
FUNC:
TEL: <USPAYROLL AT A1 at SALES at MRO>
To: See Below
From U.S. Payroll, Vaxmail CANON::PAY_QUESTION
All-in-1 PAY_QUESTION @PKO
**************************************************************************
|
** This message is being sent to all U.S. Employees even though the
Advance Vacation feature historically has been used by a small
segment of our population ***
As Digital's U.S. Payroll direct deposit participation levels have
climbed, employee utilization of the advance vacation pay feature
has steadily declined. Over ninety percent of the current U.S.
employee population utilizes direct deposit and less than 3.5 percent
request advance vacation pay annually.
Because of this and in an effort to simplify the payroll process and
eliminate costly, time-consuming pay adjustments, the last time that
U.S. employees will be able to utilize the advance vacation pay feature
will be on Payroll week-ending 4/30/94. Notification now will permit
those employees who normally use this feature to plan accordingly.
The original intent of the advance vacation option was based on a
check payment environment with no other method of pay delivery
available to employees while on vacation.
Employees can continue to be paid while on vacation by submitting
vacation cards to their supervisor/manager for each week of vacation to
be taken prior to leaving for vacation. Timecards will be processed
and paid during appropriate weeks.
Check recipients may wish to enroll in direct deposit to provide access
to funds while on vacation. This may be done easily by using our
Touch-Tone enrollment mechanism "PAYEEphone" [DTN 223-5555;
(508) 493-5555].
Timecard stock reflecting the current advance vacation feature will
be eliminated as current stock is depleted.
We thank current users of the advance vacation feature for their
understanding and support for this change.
Questions regarding this change may be directed via vaxmail to
CANON::PAY_QUESTION or via A-1 to PAY_QUESTION @PKO.
Distribution:
This message was delivered to you utilizing the Readers Choice delivery
services. You received this message because you are a U.S. Employee. If
you have questions regarding this message, please contact the author of the
memo.
UNIX Users:
- to send VAXmail: READERCHOICE@SALES.enet.dec.com
- to send ALL-IN-1: READERS.CHOICE@MRO.mts.dec.com
|
92.1870 | | CSLALL::BRIDGES | Anods asGood asA wink toA blindBat | Fri Mar 11 1994 14:09 | 12 |
| re: <<< Note 92.1868 by CXDOCS::BARNES >>>
>> the few times I did get advance vac pay...i came back broke and had
>> to wait awhile for the next check...never again.
I never took it because of that. If was always nice to come back from
Vakay and have a check or two waiting for ya. 8-)
Shawn
|
92.1871 | no big deal to me.... | QUARRY::petert | rigidly defined areas of doubt and uncertainty | Fri Mar 11 1994 15:08 | 4 |
| Ah, but with direct deposit and a bank card, you're free to zero out
your assets from anywhere in the US ;-)
PeterT
|
92.1872 | | TERAPN::PHYLLIS | you are the eyes of the world | Fri Mar 11 1994 15:22 | 11 |
|
I was just having a discussion with a friend the other day about how
neither of us could remember life without ATMs. ;-) Seriously - I
can't remember and I definitely can't imagine having to worry about
going to the bank during the day, by 3:00, and figuring out how much
money I'll need until the next time I could get there.
We have to make cost cuts somewhere. If this really only affects 3% of
the Digital population it sounds like an effective place to me.
|
92.1873 | | ROCK::FROMM | This space intentionally left blank. | Fri Mar 11 1994 16:35 | 7 |
| > I was just having a discussion with a friend the other day about how
> neither of us could remember life without ATMs.
musta been a pain. i've had an ATM card since high school and never really
had to deal with it.
/rich
|
92.1874 | wasn't that long ago | SMURF::HAPGOOD | Java Java HEY! | Fri Mar 11 1994 16:49 | 10 |
| re: life w/out ATMs
Well there was a good side...I remember :)....you could actually save
money easier because there wasn't a machine on every corner.
Way back then :) you had to have a check cashing card for every local
supermarket :)
|
92.1875 | | BIODTL::JC | cuz everybody's gotta go | Fri Mar 11 1994 16:51 | 1 |
| i just got a DCU ATM card before going to Ireland and England last October!
|
92.1876 | atm in vegas, the only machine that pays-off every time | SLOHAN::FIELDS | Strange Brew | Fri Mar 11 1994 17:06 | 4 |
| same here, I got one just before Jen and I went out west...came in
handy for sure, even had them in the middle of knowwhere ! I still have
a check cashing card btw :') now I've had that going back to HIgh
School....
|
92.1877 | ;-) | QUARRY::petert | rigidly defined areas of doubt and uncertainty | Fri Mar 11 1994 19:49 | 7 |
| Of course, you realize that our children will know exactly where money
comes from.
"Of course, Daddy, I know where money comes from. It comes from that
machine in the wall. Jeez, parents!"
PeterT
|
92.1878 | | ECRU::CLARK | Chairman of the Bored | Sat Mar 12 1994 15:56 | 11 |
| re<<< Note 92.1877 by QUARRY::petert "rigidly defined areas of doubt and uncertainty" >>>
Reminds me of when Lydia and I were on vacation in Jamaica a few years ago
... we were at Dun's River Falls, a spot which the natives encourage you
to go to because, once you get there, you're inundated by people trying to
sell you things ;^) ... we were near the end of the vacation and our funds
were pretty much spent. One guy was especially forceful about getting me
to buy something, and I tried to explain to him that we just didn't have any
more money; he asked why I couldn't just take my card and go to an ATM and
get more ... seemed kinda funny at the time, anyways ... well, maybe not
so funny, it's a really poor country ... I'm rambling ...
|
92.1879 | | MKOTS3::ROBERTS_CR | the evening sky grew dark | Wed Mar 16 1994 15:43 | 5 |
| so what's your point, DC?
we love you, dave !
|
92.1880 | EK @ HLO | SUBPAC::MAGGARD | Integrate! | Mon Mar 21 1994 16:17 | 24 |
|
Senator Ed Kennedy stopped by the HLO2 cafe for about 25 minutes today. It
was basically a PR move ... BP, EK, and about 4 times the normal occupancy of
the HLO2 cafe worth of employees.
If you were there, you got to see just as much as everyone who wasn't... :-)
Summary of his speech:
"Bla bla bla thank you bla bla bla bla bla Digital bla bla bal Bahb Pahlmah
bla bla Information Supahhighway bla bla bla er uh umm bla bla bla bla
Massachusetts bla bla bla technology bla bla computers bla bla Depahtment of
Defense bla bla bla chips bla bla bla ummm errr uhhh bla bla bla Commonwealth
bla bla bla leadahship bla bla bla bla jobs bla bla bla productivity bla bla
bla bla thank you."
He took two questions (both somewhat related to the US Government and it's
role in helping the computer business), giving slightly altered versions of
the above for answers.
And no, I didn't tape it. :-)
- jeff
|
92.1881 | | ROCK::FROMM | This space intentionally left blank. | Mon Mar 21 1994 16:40 | 14 |
| >"Bla bla bla thank you bla bla bla bla bla Digital bla bla bal Bahb Pahlmah
>bla bla Information Supahhighway bla bla bla er uh umm bla bla bla bla
>Massachusetts bla bla bla technology bla bla computers bla bla Depahtment of
>Defense bla bla bla chips bla bla bla ummm errr uhhh bla bla bla Commonwealth
>bla bla bla leadahship bla bla bla bla jobs bla bla bla productivity bla bla
>bla bla thank you."
i think you missed a few:
"bla bla bla health care bla bla bla education bla bla bla fighting drugs bla
bla bla ..."
- rich-who-thinks-the-cafeteria-during-lunch-was-a-stupid-time-and-place-for-
-a-speech
|
92.1882 | | BIGQ::DCLARK | I do believe I've had enough | Mon Mar 21 1994 16:44 | 7 |
| re: last few
agreed. I walked by and saw senator ted (due to my tallness) but kept
on walking to HL1 for lunch.
Now that this is over, can they remove the 'helipad' from the HL2
parking lot?
|
92.1883 | bob | ROCK::FROMM | This space intentionally left blank. | Mon Mar 21 1994 17:33 | 11 |
| > Now that this is over, can they remove the 'helipad' from the HL2
> parking lot?
why couldn't bob palmer just park his porsche in the muddy soup known as the
HLO2 overflow lot?
- rich
p.s. does palmer really have 3 porsche's, one red, one white, and one black?
someone told me that today... (fwiw, there's a white one parked out front
right now - i'm told that's his summer porsche)
|
92.1884 | :^o | SLOHAN::FIELDS | Strange Brew | Mon Mar 21 1994 17:51 | 2 |
| Rich, run outside and kick it and when the alarm gos off just wait to
see who comes to check on it :')
|
92.1885 | | AKOCOA::SMITH_D | simple twist of fate | Wed Mar 30 1994 13:48 | 8 |
|
Alright, alright....what's going on here?
Not only is every edition of the new "Digital Today" in the lobby
and cafe been pulled, but even the one on me desk was snagged
last night!!!!!
WTF?
|
92.1886 | | MKOTS3::JOLLIMORE | Balanced on the biggest wave | Wed Mar 30 1994 14:27 | 1 |
| Hot dog! another collectible. ;-)
|
92.1887 | | MKOTS3::ROBERTS_CR | the evening sky grew dark | Wed Mar 30 1994 16:21 | 9 |
| re: .1885
I hate when that happens. Makes me feel like an insignificant unit
in the workspace - where anything I have and everything I create
is owned by Big Brother.
|
92.1888 | Save the 'Injuns'!! | SUBPAC::MAGGARD | Integrate! | Wed Mar 30 1994 20:24 | 14 |
|
re: swiped Digital Today rags
I bet it's because they put a photo of a Native American on the cover. In
traditional Native American religion, a photograph traps the spirit of the
subject, preventing it from being truly free to go onto the afterlive/nextlife
if the subject should ever die.
Personally, I think they replaced it with a photo that's just as interesting
-- BP holding a UNIX license plate at NUUKE (National Unix User's Konference
;-).
- jeff_wondering_when_VMS_will_get_the_Axe
|
92.1889 | have a nice day | BROKE::CLARK | Chairman of the Bored | Thu Mar 31 1994 14:49 | 8 |
| In keeping with the enforcement of a smoking ban by the federal gov't in order
to keep America's work force healthy, you are hereby notified that you will
be immediately arrested if you consume any food that contains greater than
30% calories by fat between the hours of 9 and 5, and/or if you refuse to
take part in your workplace's noontime obligatory aerobics program led by
fascists in leotards.
- mgmt
|
92.1890 | things which ,ake you say hmmm | MKOTS3::ROBERTS_CR | the evening sky grew dark | Thu Mar 31 1994 15:05 | 6 |
|
one guy to another in the hallway yesterday: guy #1 has tray with
mexican feast on it, trimmed with sour cream and quawk - guy #2 says
"AGGGGGGGGGGHHHHHH - you've got more fat on that tray than I've
had in a week!!!!" Guy #1 says "that's why you're so skinny."
ahahahahhahahahahahaaaa
|
92.1891 | I don't no if I wanna know ! | 19007::FIELDS | Strange Brew | Thu Mar 31 1994 15:52 | 21 |
|
DVN broadcast previews April 12 ... Date:
31-Mar-1994
DVN broadcast previews April 12 announcement
The Digital Video Network will air "April 12 Introduction
Preview: What Every Digital Employee Should Know" on Monday, April
4,
from 1-2 p.m. Eastern time. Buzz Luttrell and Mark Roberts,
Digital's
Corporate Introductions manager, will co-host the program, which is
aimed at all Digital employees.
The third in a continuing series of open client/server
introductions aimed at helping businesses easily integrate data and
applications across multiple platforms and technologies, this
program
will cover the announcement "look and feel," key customer messages,
and competitive positioning.
For a complete listing of DVN sites, consult #8 on LIVE WIRE's
main menu page.
|
92.1892 | | ROCK::FROMM | This space intentionally left blank. | Tue Apr 05 1994 15:26 | 42 |
| when did we issue preferred stock?
- rich
<><><><><><><><> T h e V O G O N N e w s S e r v i c e <><><><><><><><>
Edition : 3053 Tuesday 5-Apr-1994 Circulation : 6316
VNS MAIN NEWS ..................................... 38 Lines
VNS COMPUTER NEWS ................................. 102 "
VNS TECHNOLOGY WATCH .............................. 26 "
VNS UK SPORTS REPORT .............................. 27 "
For information on how to subscribe to VNS, ordering backissues, contacting
VNS staff members, etc, send a mail to EXPAT::EXPAT with a subject of HELP.
VNS COMPUTER NEWS: [Tracy Talcott, VNS Computer Desk]
================== [Littleton, MA, USA ]
Monday's Market Digital Fair Market Value
Quote Change Dow Jones Change 28-May-1993 $44.50
IBM 53 -1 5/8 30-Nov-1993 $36.812
HPkd 81 -1 1/8 85% of lower $31.50
Msft 84 1/2 - 1/4 1-Dec-1993 $35.875
DEC 29 1/8 - 1/2
DEC PrA 23 3/8 - 1/8 3593.35 -42.61
Note - Quotes for Digital's Preferred A series stock have been added to the
header - TT.
<><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><>
For information on how to subscribe to VNS, ordering backissues, contacting
VNS staff members, etc, send a mail to EXPAT::EXPAT with a subject of HELP.
Permission to copy material from this VNS is granted (per DIGITAL PP&P)
provided that the message header for the issue and credit lines for the
VNS correspondent and original source are retained in the copy.
<><><><><><><><> VNS Edition : 3053 Tuesday 5-Apr-1994 <><><><><><><><>
|
92.1893 | | MKOTS3::JOLLIMORE | Balanced on the biggest wave | Tue Apr 05 1994 16:01 | 1 |
| March 22nd I believe.
|
92.1894 | contract with NASA | STRATA::DWEST | choose wisdom over intelligence... | Wed Apr 06 1994 17:14 | 51 |
| From: CADSYS::DELNI::EXPAT::VNS "The VOGON News Service 06-Apr-1994 0511"
To: VNS-Distribution
CC:
Subj: VNS #3054 Wed 6-Apr-1994
<><><><><><><><> T h e V O G O N N e w s S e r v i c e <><><><><><><><>
Edition : 3054 Wednesday 6-Apr-1994 Circulation : 6315
VNS COMPUTER NEWS: [Tracy Talcott, VNS Computer Desk]
================== [Littleton, MA, USA ]
Tuesday's Market Digital Fair Market Value
Quote Change Dow Jones Change 28-May-1993 $44.50
IBM 53 3/8 + 3/8 30-Nov-1993 $36.812
HPkd 82 1/4 +1 1/4 85% of lower $31.50
Msft 87 3/4 +3 1/4 1-Dec-1993 $35.875
DEC 29 3/4 + 5/8
DEC PRa 23 - 3/8 3675.41 +82.06
Digital - Inks five-year pact with NASA
{Livewire, U.S. News, 5-Apr-94}
Digital has received a five-year, $15 million contract from the National
Aeronautics and Space Administration (NASA). Digital will deliver Alpha AXP
systems, services and a high performance network infrastructure based on the
GIGAswitch system, Digital's high performance network switching bridge for
Fiber Distributed Data Interface (FDDI) networks.
This contract is part of a multicompany mission systems project that will
provide engineering and development services for ground mission operations and
systems for manned and unmanned space programs at the Johnson Space Center in
Houston.
The GIGAswitch network bridge is a high performance, industry standard
cross-bar switch that operates with any standard FDDI device. Up to 22 FDDI
ports can be configured to support high bandwidth applications that require
sophisticated traffic management. Examples of other network intensive
client/server applications for which the GIGAswitch is particularly suited
include x-ray image transfer, molecular modeling and multimedia.
According to John Muratore, chief, Control Center Systems Division, NASA,
GIGAswitch was the only product to meet NASA's stringent reliability and
performance requirements.
<><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><>
For information on how to subscribe to VNS, ordering backissues, contacting
VNS staff members, etc, send a mail to EXPAT::EXPAT with a subject of HELP.
Permission to copy material from this VNS is granted (per DIGITAL PP&P)
provided that the message header for the issue and credit lines for the
VNS correspondent and original source are retained in the copy.
<><><><><><><><> VNS Edition : 3054 Wednesday 6-Apr-1994 <><><><><><><><>
|
92.1895 | DEC all over the VNS today... | STRATA::DWEST | each has it's own moment... | Wed Apr 13 1994 13:01 | 217 |
| From: CADSYS::DELNI::EXPAT::VNS "The VOGON News Service 13-Apr-1994 0511"
To: VNS-Distribution
CC:
Subj: VNS #3059 Wed 13-Apr-1994
<><><><><><><><> T h e V O G O N N e w s S e r v i c e <><><><><><><><>
Edition : 3059 Wednesday 13-Apr-1994 Circulation : 6295
VNS COMPUTER NEWS: [Tracy Talcott, VNS Computer Desk]
================== [Littleton, MA, USA ]
Tuesday's Market Digital Fair Market Value
Quote Change Dow Jones Change 28-May-1993 $44.50
IBM 52 7/8 - 1/8 30-Nov-1993 $36.812
HPkd 81 3/4 -1 1/4 85% of lower $31.50
Msft 84 3/4 -2 1/4 1-Dec-1993 $35.875
DEC 30 1/8 - 1/8
DEC PRa 22 3/4 unch. 3681.69 - 7.14
Digital - To unveil new products based on Alpha processor
{The Boston Globe, 12-Apr-94, p. 44}
Digital says that more than 5,000 software applications are now available
for computers that run its AXP chip, providing much-needed support for the
product that could drive Digital back to financial health. The announcement
comes today as Digital unveils new computers based on the Alpha
microprocessor, including a low-end server that the company says is
significantly less expensive than rival servers from Sun Microsystems and
Hewlett-Packard. The new server, priced at $18,000 for the least expensive
model, is designed to use as many as four Alpha chips. "This is the break-out
product that DEC needs for Alpha to be successful beyond DEC's installed
base," said Terry Shannon, an Ashland-based industry analyst. "They've
finally gotten their Alpha game-plan straight." Servers are small but
powerful computers that store and send files on a computer network. In recent
months, some analysts have questioned whether Digital had drawn enough
commitments from software application writers and from other hardware
manufacturers to make Alpha a success. The chip was first introduced in
November, 1992. Willy Shih, a Digital VP, said the new Alpha server, called
the Digital 2100 Server Model A500MP, is the first in the industry to include
a "PCI bus," a component that allows users to connect the server easily to
graphics adapters and other peripheral machinery. Digital today will also
announce several software upgrades and new products, including a cluster of as
many as 32 computers working together, giving them the power of a much larger
supercomputer.
Digital - 'Third wave' of open client/server computing announced today
{Livewire, Worldwide News, 12-Apr-94}
Digital today introduced powerful, leading-edge servers and software as the
third wave of its open client/server computing initiative.
"Today Digital is breaking several performance and cost barriers for
customers," said Bill Strecker, Digital's vice president of Engineering and
chief technical officer. "By bridging the worlds of large-system features and
small-system cost advantages, Digital puts the power to manage complex tasks
within the reach of enterprise departments and small companies."
Leading the announcement is the industry's first RISC-based departmental
server that combines high-performance symmetric multi-processing (SMP) with
industry-standard PCI and EISA technology. The Digital 2100 Server Model
A500MP system boasts the industry's best price/performance and warranty. CPU
expandability enables the server to handle a range of functions from PC LAN
superserver to mainframe downsizing.
Digital also introduced new technical computing capabilities that
incorporate high-performance UNIX workstations and servers with
industry-leading TechAdvantage software. In addition, the company's
AdvantageCluster for UNIX Program provides users with high performance, high
availability, scalability, and manageability features for the DEC OSF/1
environment. For customers, the clusters represent a cost-effective
alternative to mainframes and supercomputers for commercial and technical
applications.
Major enhancements were announced to the DEC OSF/1, OpenVMS, and Windows NT
operating systems. OpenVMS AXP now offers functional equivalence with OpenVMS
VAX for business-critical applications. Microsoft's Windows NT Advanced
Server software will support the Digital 2100 Server family. Digital also
becomes the first vendor to provide the Distributed Computing Environment
(DCE) on the Windows NT platform.
The offerings represent the "third wave" of Digital's client/server
initiative. Key to this effort are the company's integrated frameworks,
consisting of software building blocks, that help customers evolve their
computer operations smoothly to gain the advantages of client/server
computing.
Powerful SMP server; three-year warranty
The Digital 2100 Server Model A500MP system is the first SMP server to use
the industry-standard PCI (Peripherals Component Interconnect) and EISA I/O
buses to deliver the best price/performance for midrange servers. Based on
the 190MHz DECchip 21064 microprocessor, the Digital 2100 Server is expandable
from one to four processors. Prepackaged Digital 2100 Servers and software
tools, rackmountable configurations, and packaged rackmount servers are also
offered.
Customers can choose among DEC OSF/1, OpenVMS AXP, or Microsoft's
forthcoming Windows NT Advanced Server software for the new system. The
Digital 2100 Server functions as a high-availability application server for
process control and point-of-sale systems, a high-capacity database server for
financial and medical markets, a PC-LAN superserver, or a cost-effective
alternative for mainframe downsizing.
Digital is also offering, through new joint marketing initiatives an
attractively priced and optimally configured Digital 2100 Server Model A500MP
system when purchased with database software from Ingres, Oracle, and Sybase,
as well as Microsoft's SQL Server.
AdvantageCluster for UNIX
The new AdvantageCluster for UNIX program incorporates high performance,
high availability, scalability, and manageability features of OpenVMScluster
systems on the DEC OSF/1 operating system. Three packages make up the
program's initial offering:
AdvantageCluster Compute Servers -- complete, cabinet-mounted arrays of four
to 32 DEC 3000 AXP workstations with Ethernet or high-speed GIGAswitch
interconnect;
AdvantageCluster File Server, which delivers the industry's highest Network
File Server (NFS) throughput in a single, integrated system;
AdvantageCluster Available Server, which uses clustered AXP systems in a
high-availability configuration for order processing, point-of-sale
transaction processing, and on-line customer service in a fault-resilient,
rapid-recovery environment.
High performance technical computing
Digital's Technical Integration Framework is the newest of Digital's
building blocks for client/server computing. It encompasses the new,
high-performance AdvantageCluster Compute Servers plus a software development
environment for parallel applications and new, optimized third-party
applications. Together, these products provide supercomputer performance at a
fraction of supercomputer prices for a variety of complex tasks.
New TechAdvantage integrated application development software enables
technical developers to select the components they need to write efficient
code for either single-stream or parallel processing. AdvantageCluster
Compute Servers can be configured with factory-installed TechAdvantage
development software and POLYCENTER software for manageability and enhanced
performance.
Enhanced DEC OSF/1, OpenVMS software
Digital's new hardware is accompanied by Version 3.0 of the DEC OSF/1
operating system with SMP support and other performance-enhancement features.
It supports a full SMP environment without affecting non-SMP system
performance. DEC OSF/1 is the most open of all UNIX software platforms.
Version 6.1 of Digital's OpenVMS operating system offers customers
functional equivalency for VAX and Alpha AXP systems and supports the new
Digital 2100 Server platform. Functional parity in OpenVMS means that
customers can take advantage of the same clustering, data integrity, high
availability, multivendor integration, scaling, and peripheral features on
RISC-based Alpha AXP systems as on CISC-based VAX systems.
Digital also announced plans to further enhance the OpenVMS operating system
with an advanced log-structured file system providing breakthrough transaction
processing performance and file compatibility for PCs and workstations.
Digital - To join consortium to build electronic commerce network
{Livewire, U.S. News, 12-Apr-94}
Digital has announced plans to become a sponsoring member of the newly
formed CommerceNet consortium -- an open, Internet-based communications
highway for commerce.
The pilot version of the network will service Silicon Valley's electronics
companies, their customers, and suppliers. The consortium is operating under a
matching funds grant from the United States government's Technology
Reinvestment Program (TRP).
Deployed as an Internet-based public information network, CommerceNet will
include services and applications designed to make the Internet easy to use
for commercial organizations requiring reliability and security, as well as
easy access for first-time users.
According to Digital, CommerceNet offers the opportunity to work with other
vendors to ensure that the standards, protocols and interfaces developed for
CommerceNet receive widespread acceptance and use.
"Businesses are rapidly becoming aware of how the Internet can provide an
extremely valuable business communications resource for their everyday needs,"
says Brian Reid, director of Digital's Network Systems Laboratory in Palo
Alto, Calif.
"Digital has been in the forefront of finding creative ways to use the
Internet as a trade route. Now, with CommerceNet, we will have an environment
to advance our existing expertise in designing powerful information
infrastructures for our customers," Reid added.
The CommerceNet Consortium, a non-profit corporation, comprises a core
development team (Enterprise Integration Technologies), Stanford University
Center for Information Technology, and the Western Research and Educational
Network Corp., operators of the Bay Area Regional Research Network. Digital
joins a growing number of corporate and public sponsoring organizations
including Smart Valley, Inc.; Joint Venture: Silicon Valley; State of
California's Office of Strategic Technology; and Lawrence Livermore National
Laboratory.
The Internet -- linking more than 2 million host computers on 30,000
networks in 127 countries -- has more than 20,000,000 users. This
vendor-independent global network is used to link most public and private
electronic messaging services. The Internet ties together workstations,
personal computers, and file servers, and annually is doubling the numbers of
users, networks, hosts, and traffic.
Digital - Future bright for Alpha AXP microprocessors, says 'Forbes'
{Livewire, Worldwide News, 12-Apr-94}
The newest issue of "Forbes" magazine positions Digital's Alpha AXP
microprocessors as the industry's current price/performance leader, with a
bright future as more customers require 64-bit computing.
In its April 25 issue, "Forbes" said, "For the moment, Alphas hold the
world's speed record among processor chips. They are also considerably more
powerful than anything most personal computer users need today."
But the magazine noted that demand for memory will eventually force
customers "to make the leap to the 64-bit world, where Digital is a pioneer."
"Forbes" cited a Dataquest study that said some midrange servers "could
start bumping up against the 32-bit limit later this year. High-end
workstations could hit it in late 1995."
The magazine also said Digital has a "head start" in 64-bit computing:
competitors Hewlett-Packard, Intel, and the PowerPC consortium are all at
least a year away from selling their first 64-bit chip.
In comparison, "Forbes" said Digital has already made the difficult
transition to 64-bit technology, and has in place competitive strengths such
as a new chip factory, software tools and compilers, and readiness to compete
in both UNIX and Windows NT.
<><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><>
For information on how to subscribe to VNS, ordering backissues, contacting
VNS staff members, etc, send a mail to EXPAT::EXPAT with a subject of HELP.
Permission to copy material from this VNS is granted (per DIGITAL PP&P)
provided that the message header for the issue and credit lines for the
VNS correspondent and original source are retained in the copy.
<><><><><><><><> VNS Edition : 3059 Wednesday 13-Apr-1994 <><><><><><><><>
|
92.1896 | random ramblings about dec stock | BIODTL::JC | You know when your mouth is dry... | Wed Apr 13 1994 13:19 | 36 |
| Well, hopefully, that'll prop the price up some!
now that 3rd qtr is ended, the estimates on our earnings (or lack there of)
are going to be flying around. i think digital is doing a better job of
keeping the lid on the financials, but, we'll see. wall street is estimating
between a $0.10 - $0.35 loss for Q3, with the avg around $0.17 loss (per
share). also, the est. on the street is for an 8% rev. drop from Q3 last
year, which isn't good. i personally say we're gonna have a thin profit with
an 8% rev drop from q3 last year. if we post a profit, i would
expect our share price to approach 40. recently an investment house upgraded
our stock from 'avoid' to 'hold', which is what gave it the boost into the
30s a few days back. with all these positive sounding announcements, we could
see DEC close at 33 by this week's end... time will tell.
on the other hand, if we should suffer a loss greater than $0.20 /share with
a rev drop > 8% from q3 last year, i think we'll see the mid-20s on the stock.
this won't be good as it'll surely trigger another round of layoffs.
i'm putting my money where my mouth is also. for the first time, i'm playing
options on DEC stock. i bought JUL 30 options last friday for 2 1/4 ($225.00
per contract). basically what each contract entitles me is the right to
buy 100 shares of digital stock at $30.00 a share anytime from now until
Jul 15, 1994, at which time the option expires. should DEC rise significantly
above $30, this option become more valuable. should DEC fall into the mid
20s, the option becomes worthless, and yes, i lose my investment. i can
also sell my contracts (close my position) at what the market price is and
let someone else exercise 'em. when DEC broke 30 on monday (?), the option
went up to 2 7/8, about 27% gain from friday! perfect timing!! i tried for
3 days to buy 'em at 2 1/4, and finally, on friday, i got a hit... if we
have a positive qtr, surprise wall street, and the stock goes to near 40,
these suckers will go to 7+ ... or about 300% gain. and it if sustains
a near-40 price in the june/july timeframe, the option price will hopefully
be even more attractive. then again, if we lame out and the stock drops,
down da toilet my cash goes!
stay tuned. i'm tuned in, for sure!
|
92.1897 | Roll them bones!! | BSS::MNELSON | Won't ya try just a little bit harder | Wed Apr 13 1994 13:30 | 11 |
|
Hey JC,
Roll them bones. I love the options crap shoot. I used to play
them too. That 27% up since Friday gets gobbled up by the commission
so lets hope the stock soars. A rise to 40 this far away does not
always present a linear increase in the option due to the time factor.
It could be higher or lower. Hopefully higher though! Who do you use
for a broker?
Good luck
mark
|
92.1898 | that 2100 sure is ugly too! | AKOCOA::SMITH_D | simple twist of fate | Wed Apr 13 1994 13:33 | 10 |
|
I estimate that if this 1/4'ers numbers are poor once again, that
will overide the positive effects of the product releases, basically
leading to a no-change situation on Wall Street.
I would have heard by now if things were real bad, sooooo, I am
thinking positive.
I guess it's better to be stable than on a roller coaster!
|
92.1899 | | GRANPA::TDAVIS | | Wed Apr 13 1994 13:33 | 6 |
| I agree with your perception of the earnings, we are close to break
even, the announcement was advertised in all major papers etc..
I think you made a good move, wish I had the cash to do it.
Now all we have to do is be able to sell, and ship, I bet we
make a profit for Q4.
|
92.1900 | | MKOTS3::ROBERTS_CR | the evening sky grew dark | Wed Apr 13 1994 16:02 | 6 |
|
I have some investments besides DEC stock and I can't help wishing
that Hilary would get involved with MY broker so I can make the
big bucks too!
|
92.1901 | | BIODTL::JC | You know when your mouth is dry... | Wed Apr 13 1994 20:23 | 17 |
| I have 2 brokerage acnts: one w/ Waterhouse and one w/ Fidelity. this are
disc brokers, ie: i call the shots, they place the orders I tell 'em to place.
the fidelity acnt is a bit high on commisions - i actually intend to xfr
everything to h20house eventually.
one thing i forgot to mention that is yet another variable in this whole
play: the market!
if the market drops heavy and hahd once again, DEC will suffer, even with
half-decent news. the market right now is soooooooo f'g nervious with the
int rates and bonds. still hasn't really stabilized yet, even though
inflation is in check. it is off about 35 today, plus yesturday's drop
too... sliding a bit, hopefully it'll catch itself tomorrow... DEC is
below 30 now too, and the JUL 30 options have fallen a bit also. i should
probably set a stop-loss, but, reluctant to do so 'cuz the market is going
all over the place!
|
92.1902 | :^( | STRATA::DWEST | each has it's own moment... | Fri Apr 15 1994 14:00 | 4 |
| Q3 results are out... bnig loss for the quarter... 183 mill...
stock has stopped trading @24... down 4 7/8...
da ve
|
92.1903 | Q3 Results | TERAPN::PHYLLIS | you are the eyes of the world | Fri Apr 15 1994 14:23 | 199 |
| [62CPage 1 of 4
[7m Digital reports third quarter operating results [m
Digital today reported results for its third quarter, which ended
April 2, 1994.
For the quarter, the corporation reported total operating revenues
of $3,258,789,000, down 6% from $3,453,676,000 for the comparable quarter
a year ago. This includes product revenues of $1,749,621,000, down 1%
and service and other revenues of $1,509,168,000, down 11% from the
comparable quarter a year ago.
For the quarter, Digital reported a net loss of $183,306,000, or
$1.34 per share, compared with a net loss of $30,121,000, or $.23 per
share for the comparable quarter a year ago.
For the nine months ending April 2, 1994, Digital reported total
operating revenues of $9,527,816,000, down 9% from $10,457,418,000, from
the comparable period a year ago. This includes product revenues of
$4,966,549,000, down 10% and service and other revenues of
$4,561,267,000, down 8% from $4,954,991,000 of the comparable period a
year ago.
For the nine months ended April 2, 1994, the corporation reported a
net loss of $338,635,000, or $2.50 per share, compared with a net loss of
$364,526,000, or $2.81 per share for the comparable period a year ago.
The net loss for the first nine months of fiscal 1994 includes a one-time
benefit of $20,042,000, or $.14 per share, related to the adoption of a
change in accounting principle for income taxes.
President and CEO Bob Palmer said, "The financial results are
unacceptable to this management and obviously disappointing. This is
especially true because results of the quarter stand in contrast to the
progress Digital people have made on so many fronts and the five quarters
in a row of improved year over year results. Growth in our new products
is beginning to overtake the declines in our other products, but we have
not yet achieved a competitive cost structure. I remain absolutely
committed to restoring Digital to profitability. We need to achieve a
competitive cost structure as quickly as possible.
"As a consequence, I have instructed our senior managers to take
actions to achieve competitive lead times for high demand products, to
accelerate our ongoing restructuring efforts, to further sharply reduce
spending, to conserve cash and to do all this without losing our emphasis
on building demand and supporting our customers," Palmer continued. "We
will also consider further restructuring to achieve our goals.
"The changing nature of our business continues to present both
challenges and opportunities. We are experiencing significant growth, in
both revenues and in units, at the highly competitive low end of our
product line. In fact, one contributor to our disappointing results was
our inability to satisfy rapidly increasing customer demand for personal
computers, Alpha AXP workstations and some storage products," he said.
"Our total workstation business is now growing again both in units
and in revenues, driven by the success of our Alpha AXP systems. Alpha
systems now represent nearly 50 percent of total system revenues
excluding PCs, and are almost equivalent to VAX system revenues," Palmer
added. "We are providing leadership products at very competitive prices,
revenues from low end products and indirect channels are expanding, but
product gross margins continue to decline. Similar pressures on revenue
FOR DIGITAL INTERNAL USE ONLY
[62CPage 2 of 4
mix and margins are also having an impact on our services business. As a
result, our cost structure is not yet competitive for the level of
revenues we are generating."
Bill Steul, vice president and CFO said, "Product revenues were
essentially flat with the third quarter of last year, much improved from
the double-digit declines we experienced in the first half of the fiscal
year. In fact, while VAX revenues continued to decline, total product
revenues increased 5 percent from the December quarter led by strong
growth in personal computers, Alpha AXP workstations, storage products
and networking products. With continued mix shift to low-end products
and aggressive pricing actions taken on some products in the quarter, we
experienced a product gross margin decline of nearly 10 points year over
year.
"Service revenues overall declined nearly 11 percent compared with
last year," he continued. "While we are winning multivendor customer
service business, increasing product reliability and the erosion of our
traditional systems installed base is putting pressure on revenues and
margins. We expect the pressures on our service revenues and margins to
continue," Steul added.
"On a geographic basis, we achieved slight revenue growth in the
U.S., all in the product revenue line. The Asia Pacific region continued
to show robust growth, and Europe declined compared with last year, but
at a slower rate of decline than we experienced in the first half. We did
experience some revenue declines due to the adverse effect of foreign
currency fluctuations, but less so than in the first half of the fiscal
year," he concluded.
"Earlier this week the company announced the Digital 2100 Server,
that provides commercial users with large system features with small
system advantages and technical users with supercomputing performance at
workstation prices," Palmer added. "The new Alpha platforms and software
operating system enhancements give us an extremely competitive offering
in the fast growing commercial UNIX market and provide our VMS customers
with functional equivalence in OpenVMS on VAX and Alpha AXP systems.
Along with new software capabilities, we offer customers the most
innovative and productive technical computing environment available in
the marketplace today. We have more than 5,000 applications shipping on
Alpha AXP in OpenVMS, UNIX and Windows NT, and we believe we have reached
the critical mass of application availability for many users," he concluded.
THREE MONTHS ENDED
April 2, 1994 March 27, 1993
Product Sales $1,749,621,000 $ 1,767,372,000
Service & Other Revenues 1,509,168,000 1,686,304,000
Total Operating Revenues 3,258,789,000 3,453,676,000
Cost of Product Sales 1,210,478,000 1,049,969,000
Service Expense 946,800,000 1,030,728,000
Total Cost of Sales 2,157,278,000 2,080,697,000
Research & Engineering 316,767,000 350,423,000
Selling, General & Admin. 954,903,000 1,050,600,000
Net Interest (Income)/Expense 7,846,000 77,000
Loss Before Income Taxes (178,005,000) ( 28,121,000)
Provision for Income Taxes 5,301,000 2,000,000
FOR DIGITAL INTERNAL USE ONLY
[62CPage 3 of 4
Net Loss (183,306,000) ( 30,121,000)
Dividends on Preferred Shares 1,775,000 -
Net Loss Applicable to
Common Stock $ (185,081,000) $ ( 30,121,000)
Weighted Avg. Shares O/S 137,897,533 131,553,881
Net Loss per Common Share $ ( 1.34) $ ( .23)
NINE MONTHS ENDED
April 2, 1994 March 27, 1993
Product Sales $4,966,549,000 $ 5,502,427,000
Service & Other Revenues 4,561,267,000 4,954,991,000
Total Operating Revenues 9,527,816,000 10,457,418,000
Cost of Product Sales 3,304,185,000 3,186,464,000
Service Expense 2,859,150,000 3,106,648,000
Total Cost of Sales 6,163,335,000 6,293,112,000
Research & Engineering 962,432,000 1,160,743,000
Selling, General & Admin. 2,735,798,000 3,359,093,000
Net Interest (Income)/Expense 13,596,000 (11,004,000)
Loss Before Income Taxes &
Cumulative Effect of Change
in Accounting Principle (347,345,000) (344,526,000)
Provision for Income Taxes 11,332,000 20,000,000
Loss Before Cumulative Effect
of Change in Accounting
Principle (358,677,000) (364,526,000)
Cumulative Effect of Change in
Accounting Principle 20,042,000 -
Net Loss (338,635,000) (364,526,000)
Dividends on Preferred Shares 1,775,000 -
Net Loss Applicable to
Common Stock $(340,410,000) $ (364,526,000)
Weighted Avg Shares O/S 136,312,098 129,570,101
Net Loss per Common Share
Before Cumulative Effect of
Change in Accounting Principle $ (2.64) $ (2.81)
Earnings per Share on Cumulative
Effect of Change in Accounting
Principle .14 -
Net Loss per Common Share $ (2.50) $ (2.81)
SELECTED BALANCE SHEET/CASH FLOW DATA - Q3FY94
BALANCE SHEET:
Cash & Cash Equivalents........................ $ 1,263,551,000
Accounts Receivable, Net....................... 2,925,188,000
A/R Days Sales Outstanding 81 days
Inventories: Raw Materials............. $ 497,340,000
Work in Process........... 640,798,000
Finished Goods............ 1,026,695,000
Total......................... 2,164,833,000
FOR DIGITAL INTERNAL USE ONLY
[62CPage 4 of 4
Prepaid Expenses and Deferred Income Taxes..... 402,218,000
Total Current Assets........................... 6,755,790,000
Net Property, Plant & Equipment................ 3,136,489,000
Other Assets, Net.............................. 902,822,000
Total Assets................................... 10,795,101,000
Bank Loans and Current Portion of LTD.......... 10,620,000
Restructuring Reserve ......................... 276,341,000
Total Current Liabilities...................... 3,473,509,000
Noncurrent Deferred Income Taxes............... 26,369,000
Long-term Debt................................. 1,017,427,000
Postretirement Benefits........................ 1,239,573,000
Total Liabilities.............................. 5,756,878,000
Stockholders' Equity........................... 5,038,223,000
Book Value Per Common Share.................... $ 33.73
CASH FLOW: QTR YTD
Cash Flows from Operating Activities, $(125,406,000) (366,054,000)
Including Deprec. & Amort. of......... 160,223,000 522,941,000
Cash Flows from Investing Activities, (144,555,000) (475,760,000)
Including Investments in PP&E of...... 166,312,000 5l4,382,000
Cash Flows from Financing Activities.. 386,255,000 462,170,000
Net Increase/(Decrease) in Cash and
Cash Equivalents...................... 116,294,000 (379,644,000)
Non U.S. Revenues .................... 2,041,303,000 5,896,648,000
OR 63% 62%
Employee Population: Regular.................. 85,700
Other.................. 6,300
|
92.1904 | how many employees do we have now? | ECRU::CLARK | Chairman of the Bored | Fri Apr 15 1994 14:32 | 7 |
| > accelerate our ongoing restructuring efforts, to further sharply reduce
Oh oh.
I've heard rumors of "rightsizing" down to 85000 employees by July.
- DC who has the fickle finger of fate in his face ...
|
92.1905 | | TERAPN::PHYLLIS | you are the eyes of the world | Fri Apr 15 1994 14:46 | 6 |
|
Well we have to do something. 183M loss is enormous. The prices of
the products keep dropping - we can't make any money on what we sell if
we maintain the overhead we have.
|
92.1906 | | GRANPA::TDAVIS | | Fri Apr 15 1994 15:00 | 2 |
| Rumor has it being an Europe problem, and as a complete surprise,
standby for some tough action, the US business is improving.
|
92.1907 | | SMURF::HAPGOOD | Java Java HEY! | Fri Apr 15 1994 15:12 | 8 |
| <<< Note 92.1906 by GRANPA::TDAVIS >>>
> Rumor has it being an Europe problem, and as a complete surprise,
> standby for some tough action, the US business is improving.
Haven't they been getting hit over the past few months?
?
bob
|
92.1908 | | CXDOCS::BARNES | | Fri Apr 15 1994 15:24 | 6 |
| re: Phyllis
so how many VP's do ya think we should remove from our overrhead
structure???
rfb
|
92.1909 | | TERAPN::PHYLLIS | you are the eyes of the world | Fri Apr 15 1994 15:46 | 11 |
|
We could remove them all and it would do next to nothing to help our
overhead problem. I don't know what the answers are and I'm not even
sure there are any. Not to maintain a company like Digital (or IBM)
anyway. The business has changed. I'm not sure a company like Digital
can survive anymore. If you look at our competitors who make money,
they all have no overhead structure - they don't own their factories,
their products are not manufactured here, they're not in the service
business, everything is sold through distributors so they have no sales
force, no marketing force - it's all completely different.
|
92.1910 | | CXDOCS::BARNES | | Fri Apr 15 1994 15:52 | 12 |
| very good points Phyllis...for example yer comment about those that
make money aren't in the service business...I just heard that on an
average we GIVE away 40% or our service from the CSC's...I don't know
if that's true or not, but if it is,,,there's something wrong there.
I disagree with you about removing several levels of VP's not helping
us. Chopping heads is NOT the answer. time to market with a competitive
product is...IMO
disclaimer-->I don't usually know what I'm talking about...
rfb
|
92.1911 | | ECRU::CLARK | Chairman of the Bored | Fri Apr 15 1994 15:59 | 4 |
| Phyllis, you realist you. ;^)
I agree with ya ... it's just sad that so many folks have to suffer with
lay offs and all. Tough times.
|
92.1912 | | TERAPN::PHYLLIS | you are the eyes of the world | Fri Apr 15 1994 16:32 | 8 |
|
Yeah, it's horrible. One of the organizations I work with had 109
people when I moved over to this industry. As of this week there's now
22 of them.
Stock's down 5 1/2 to 23 3/8.
|
92.1913 | trouble | AKOCOA::SMITH_D | simple twist of fate | Fri Apr 15 1994 16:48 | 10 |
|
Unfortunately, it looks as though downsizing is on the
menu. There ain't no easy answers :-(
Oddly enough, as someone spoke of before, U.S. product
demand don't look to shabby to me.....wonder what's
going on?????
|
92.1914 | one data point | SUBPAC::MAGGARD | Integrate! | Fri Apr 15 1994 17:24 | 6 |
|
re: what's going on...?
SCO is BUDGETED to be losing money... big money.
- jeff
|
92.1915 | | TERAPN::PHYLLIS | you are the eyes of the world | Fri Apr 15 1994 18:17 | 5 |
|
Product demand isn't enough. We aren't making money on the products we
sell. The prices drop faster than we can cut the overhead to match so
our margin keeps slipping.
|
92.1916 | | BIODTL::JC | Gimmie a shorty! | Mon Apr 18 1994 14:11 | 11 |
| This company is still BLOATED with mgmt!!! there are something like 154 VPs
now... how much do you think those people make?
sad sad sad. i was very optimistic that DEC would be on the road to
recovery with the rest of the economy, but no, we can't =even capilize on
that. i have now lost nearly all faith in digital, as a company. if i
were a customer, i wouldn't come close to digital for my needs for fear that
digital wouldn't be around 5 years down the road. how many more losses can
we sustain before going down??? this loss, and all the crap that will follow,
is going to crush morale to an all-time low, which is just gonna ripple on
down to the bottom line. sad. WTF is palmer doing anyways????????
|
92.1917 | Maybe a little too drastic an idea....... | SALEM::LEBLANC | | Mon Apr 18 1994 14:23 | 5 |
| I have a question for the direct employees of DEC, Do any of you see a
hyopothetical scenario becoming real in that DEC may find itself in the
position of being bought out by another company in the near future?
chris_temp_head_who_likes_being_employed
|
92.1918 | | CXDOCS::BARNES | | Mon Apr 18 1994 14:30 | 5 |
| I see profitable portions of the company (like storage right now IF we
could make the numbers, 8000 orders NOT met I was told)being sold
to make money to shore up the rest of the company....
rfb
|
92.1919 | | TERAPN::PHYLLIS | you are the eyes of the world | Mon Apr 18 1994 16:52 | 4 |
|
I can't imagine who in their right mind would want to buy us (and our
business problems.)
|
92.1920 | | BIODTL::JC | Gimmie a shorty! | Mon Apr 18 1994 17:07 | 4 |
| Yup, I agree with Phyllis... why bother? what is even more amazing is that
digital started w/ problems waaay before IBM; IBM went in, cleaned house, and
it looks like they might have their problems licked. Us? nope, we're still
floundering around with 154 VPs trying to decide what to do...
|
92.1921 | Let's have a revolution...quick storm the security desk!!! | CARROL::YOUNG | where is this place in space??? | Tue Apr 19 1994 14:33 | 12 |
| Nobody mentioned that our product revenues declined by 1%, our service
revenues were down by 11%, but our cost of goods sold rose by
$200,000,000....THAT'S WHERE THE LOSS IS!!!
i know it's harder than ever to sell these days, that PC's and
workstations just don't have the margins...so we have to incure more cost
to sell more of them...i know that we have this grate advertizing
campaign going on...
BUT FOLKS...we have to get more efficient at selling in this market!!!
dugo_who_needs_a_good_tuesday_rant
|
92.1922 | | CXDOCS::BARNES | | Tue Apr 19 1994 14:37 | 9 |
| re: "we have to get more efficient at selling in this market"
so the obvious reaction is to cut the sales force...actually I have
heard that the DECsales force is larger than our immediate
competitors...
rfb_clueless
|
92.1923 | | MKOTS3::JOLLIMORE | tell me what hipness is? | Tue Apr 19 1994 15:02 | 1 |
| i've heard that around 80% of our sales comes thru DECdirect.
|
92.1924 | | SUBPAC::MAGGARD | Integrate! | Tue Apr 19 1994 15:11 | 14 |
| > i've heard that around 80% of our sales comes thru DECdirect.
In today's market, this wouldn't surprise me.
IMO, a sales 'force' is only necessary for the big contract deals -- which are
getting fewer and further between these days.
People buying PC's and Workstations know what they want BEFORE they go
shopping.
Everything I see about Digital tells me that this company is just too damn
big. This is not good. :-|
- jeff
|
92.1925 | | ROADKL::INGALLS | may the four winds blow you home again | Tue Apr 19 1994 15:47 | 27 |
|
More layoff's likely...
Had another disagreement with the boss...
I keep hearing T!ng say (about making a lot more money after leaving Digital)
"That's what happens when a company pays you what your worth"
getting my resume ready now while taking care of the useless task
my boss just gave me...
getting a haircut at lunch...
got the sunday papar ready....
Phone calls and faxes this afternnon...
shaving tonight...
interviews TBA...
Glennnn_jumpin_ship
|
92.1926 | Foward as one... | CARROL::YOUNG | where is this place in space??? | Tue Apr 19 1994 16:47 | 6 |
| Well good luck Glenn...you're not the only one making plans...just
think it out real well and don't over react...
Peace be with ya and may the wind always blow warm,
dugo
|
92.1927 | | AKOCOA::SMITH_D | simple twist of fate | Tue Apr 19 1994 17:32 | 5 |
|
Way to go Glenn!!!
I'm outta here soon myself...going back to do the college
thang. :-)...... can't wait!
|
92.1928 | Colo bound? | BSS::MNELSON | Won't ya try just a little bit harder | Tue Apr 19 1994 19:12 | 7 |
|
Well Deane,
Are you going to do Wasted, err I mean Western State? I seem to
remember you mentioning Colorado sometime ago.
Mark
|
92.1929 | Long story made short | AKOCOA::SMITH_D | simple twist of fate | Tue Apr 19 1994 19:50 | 20 |
|
re- mark
Last month I visited my cousin at Wasted State, and upon getting
too wasted, I decided I'd better not go there! ;-)
Also I came very close to meeting my God on Monarch Pass when an
out-of-control 18 wheeler came down sliding sideways and almost
knocked me over the edge. Won't ever go over that pass again,
it was a real tramatic experience for me....the bozo should
have had chains.
Definitely did enjoy seeing bighorn sheep and wild elk running
around Gunnison though!
Looks like a tie between Univ. of N Colorado and UMASS. The
school that accepts all 60 of my current credits wins!
I also really liked Univ. of Boulder and would love to go
there, but it costs too much and I'm pay'n for all this myself.
|
92.1930 | | CXDOCS::BARNES | | Tue Apr 19 1994 20:02 | 7 |
| re: won't ever go over that pass (Monarch) again
deane-o,
Monarch can be bad in winter, in summer iot's an accessway to some neat
areas
rfb who used to camp every June 1 on Monarch pass at North Fork res.
|
92.1931 | | NAC::TRAMP::GRADY | Short arms, and deep pockets... | Tue Apr 19 1994 22:03 | 18 |
| Um, of those who are talking about the sales force, and DECdirect, have
any of you even actually worked in Sales?
I have.
DECdirect couldn't possibly handle 80% of our sales, and the sales
force isn't there just for 'big deals'...it's also there for 'big
customers'...and we really need it.
I tend to suspect that a lot of the loss has to do with the cuts in the
backend of delivery - a backlog of stuff we haven't delivered...but
that's just my opinion. When revenue drops, we need to look at the
sales cycle, and not just cut the sales force...revenue comes from
deliveries...and don't forget the old sales' addage: "Never confuse
sales with delivery." ;-)
tim
|
92.1932 | | BIODTL::JC | Gimmie a shorty! | Wed Apr 20 1994 13:13 | 3 |
| the cost of sales jumped from something like 22% of revenue to 29% of revenue
which is unacceptable! digital needs to cut the fat out with a chain saw
this time! there is still a _ton_ of mgmt in this company...
|
92.1933 | | TERAPN::PHYLLIS | Phyllis Koyner | Wed Apr 20 1994 17:21 | 26 |
|
will the good news never end...
from today's WSJ, page C17:
Digital Equipment Officers Sold Shares Well Before News of Big
Quarterly Loss
"Two Digital Equipment Corp. insiders sold chunks of their holdings
this year, well before Digital's disclosure Friday of a large quarterly
loss, which has since driven the stock down sharply.."
(continues for two columns. The execs in question are Ilene Jacobs and
Enrico Pesatori.)
and from the same page:
Digital Faces Holders' Suit
Holders of Digital Equipment Corp. preferred shares sued the
computer maker in federal court, saying they were misled into investing
in the issue only weeks before a huge loss was announced.
as of 1:15pm - stock's down 1 1/4 to 19 7/8.
|
92.1934 | | AKOCOA::SMITH_D | simple twist of fate | Wed Apr 20 1994 18:42 | 13 |
|
WOW!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
I just checked the latest stock quote.... 18
I reckon it will be suspended today....if it hasn't been already!
The amount of highly paid executives (this is an observation)
keeps increasing and the stock keeps decreasing.....
HEY! I see a pattern here! ;-)
|
92.1935 | | AKOCOA::SMITH_D | simple twist of fate | Wed Apr 20 1994 18:44 | 10 |
| > Holders of Digital Equipment Corp. preferred shares sued the
> computer maker in federal court, saying they were misled into investing
> in the issue only weeks before a huge loss was announced.
JC,
Is this the same as the deal that you partook in?
- D
|
92.1936 | | GNPIKE::HANNAN | Beyond description... | Wed Apr 20 1994 19:36 | 13 |
| re: <<< Note 92.1934 by AKOCOA::SMITH_D "simple twist of fate" >>>
> I just checked the latest stock quote.... 18
>
> I reckon it will be suspended today....if it hasn't been already!
I should know this, as I worked on stock databases for over 5 years, but
what's it mean for a stock to be suspended ? No trading ? For how long ?
Who determines this status ? Why would they do this ?
Can it get much worse here ?
/Ken
|
92.1937 | when will it cross wang stock? | ROCK::FROMM | This space intentionally left blank. | Wed Apr 20 1994 19:45 | 9 |
| >Can it get much worse here ?
yes, it still has 19 3/8 more that it could drop :-(
Hey Now>quote
DEC 19 3/8, change -1 7/8; DJIA 3592.76, change -27.06 at 15:27.
Report entered at Wed Apr 20 15:28:17 1994.
- rich
|
92.1938 | | BIODTL::JC | Gimmie a shorty! | Wed Apr 20 1994 20:53 | 40 |
| re: deano
nope, i didn't do the pref. stock thing.
I don't think the stock went as far as 18 today...
>I should know this, as I worked on stock databases for over 5 years, but
>what's it mean for a stock to be suspended ? No trading ? For how long ?
>Who determines this status ? Why would they do this ?
i reckon a stock gets suspended when there is a trade imbalance: too many
sellers and not enough buyers. if there are too many buyers, well, the price
would go up... but, if everyone sells, it really depresses the stock price.
when this happens, they'll suspend trading to kinda let things settle out.
>Can it get much worse here ?
i think so. i was very much surprised by this qtr. i though we'd turn the
corner... but no. i think now dec is spiralling out of control and things
will only get worse. you can bank on us taking a HUGE charge to lay off
20000 more people. 500M ? 1B ?? this will be taken against Q4, which will
surely be a loss with a charge that big.
this is my stock price prediction, although, more shakeout could happen in the
short-term:
next 3 months: 18-22 /share
jul 20-sept: 10-18
my recommendation:
sell on JUNE 1, although....
JUNE 1 is gonna be a BAD day for DEC stock... it'll surely get
suspended 'cuz so many people are going to want to take their 15%.
and with the stock price so low now, ESPP participants are going to
be buying record # of shares....
|
92.1939 | | ROADKL::INGALLS | may the four winds blow you home again | Thu Apr 21 1994 13:48 | 10 |
|
Is there a way to put in an advance sell order to happen on the June 1 ???
Does NE1 know what happens to the oney that's been withdrawn for stock
if a person leaves the company in the middle of the six month purchase period.
Glennnn
|
92.1940 | | BIODTL::JC | Gimmie a shorty! | Thu Apr 21 1994 13:54 | 14 |
| re<<< Note 92.1939 by ROADKL::INGALLS "may the four winds blow you home again" >>>
>Is there a way to put in an advance sell order to happen on the June 1 ???
yup, via VTX. phyllis can tell us how, right??? :-)
>Does NE1 know what happens to the oney that's been withdrawn for stock
>if a person leaves the company in the middle of the six month purchase period.
you get a check.
if you anticipate leaving before the next buy period, bow out of ESPP and
take the cash each week.
|
92.1941 | | ROCK::FROMM | This space intentionally left blank. | Thu Apr 21 1994 13:58 | 12 |
| >my recommendation:
> sell on JUNE 1, although....
> JUNE 1 is gonna be a BAD day for DEC stock...
i think the price is gonna plummet on 6/1. i'd say either sell on 5/31
(assuming you're one of the unfortunate ones still holding on to some previous
DEC stock), or wait a few days for the stock to (hopefully) recover a bit from
what will probably be a big loss
- rich
|
92.1942 | | MKOTS3::JOLLIMORE | On the threshold of a dream | Thu Apr 21 1994 14:00 | 8 |
| $ VTX IS
Access the sell form, fill in ALL for # Shares to Sell,
01-Jun-1994 for the Purchase Date, and E for the Plan Type.
You can enter your pre-sell request between May 1st and noon on
May 31st. See Common Questions/Answers in VTX IS.
Jay
|
92.1943 | | BIODTL::JC | Gimmie a shorty! | Thu Apr 21 1994 14:01 | 5 |
| hey Jay-mon!!!!!!!! i was about to reply to your note and it disappeared on
me!!!!!!!!!
:-)
|
92.1944 | | BIODTL::JC | Gimmie a shorty! | Thu Apr 21 1994 14:01 | 5 |
| Ah, there it is!!!!
i was gonna reply to your W2 comment....
|
92.1945 | | MKOTS3::JOLLIMORE | On the threshold of a dream | Thu Apr 21 1994 14:02 | 1 |
| what were ya gonna say?? ;-)
|
92.1946 | | BIODTL::JC | Gimmie a shorty! | Thu Apr 21 1994 14:13 | 9 |
| re <<< Note 92.1945 by MKOTS3::JOLLIMORE "On the threshold of a dream" >>>
> what were ya gonna say?? ;-)
that if ya don't use your ESPP money, the Rasta Mon comes to
take it away from you mon!
:-) :-)
|
92.1947 | | MKOTS3::JOLLIMORE | On the threshold of a dream | Thu Apr 21 1994 14:37 | 4 |
| :-)
Rasta don work for no see-eye-ay
(he work for the eye-are-esss, mon)
|
92.1948 | stock question | TECRUS::DEMARSE | No ego's under water | Thu Apr 21 1994 15:54 | 12 |
| >> $ VTX IS
>>
>> Access the sell form, fill in ALL for # Shares to Sell,
>> 01-Jun-1994 for the Purchase Date, and E for the Plan Type.
>> You can enter your pre-sell request between May 1st and noon on
>> May 31st. See Common Questions/Answers in VTX IS.
If I do this, does it mean that I will make all of the money that I
have put into the stock plan (the last 6 months) plus 15% interest?
:), danielle
|
92.1949 | almost... | ROCK::FROMM | This space intentionally left blank. | Thu Apr 21 1994 16:00 | 6 |
| > If I do this, does it mean that I will make all of the money that I
> have put into the stock plan (the last 6 months) plus 15% interest?
minus whatever the stock drops on 6/1
- rich
|
92.1950 | | NAC::TRAMP::GRADY | Short arms, and deep pockets... | Thu Apr 21 1994 16:08 | 9 |
| Rich is right - but one more small nit: it isn't interest - it's
regular income. And that 15% is added to your income statement (w2)...so
if the stock drops, you've automatically incurred a paper loss. Unless
of course the stock drops more than 15% that day, in which case you'll
have a REAL loss, and won't get all of your money back. I don't think
the stock has ever dropped 15% on the stock purchase date, though.
tim
|
92.1951 | | STUDIO::IDE | My mind's lost in a household fog. | Thu Apr 21 1994 16:22 | 7 |
| re .1949
Whyshould the stock drop on 1 Jun? End of year results won't be out
'til long after, and the emplyee stock sales don't appreciably increase
the trading volume.
Jamie
|
92.1952 | | TERAPN::PHYLLIS | a rare and different tune | Thu Apr 21 1994 16:37 | 4 |
|
Because so many people will be selling that day.
|
92.1953 | | ROCK::FROMM | This space intentionally left blank. | Thu Apr 21 1994 17:13 | 6 |
| >the emplyee stock sales don't appreciably increase
> the trading volume.
are you sure about that?
- rich
|
92.1954 | | TECRUS::DEMARSE | No ego's under water | Thu Apr 21 1994 17:29 | 14 |
| >> minus whatever the stock drops on 6/1
Are you sure?
This is the way I thought it worked:
On June 1st, I will immediately buy and sell. The stock is bought at
the lower price (of either Dec. 1 and June 1). I buy the stock with a
Digital discount, so I only pay 85% of the cost. Since I immediately
sell the stock, that is where I recieve all of my money back plus 15%.
At least that's how I percieved it to be...
:), danielle
|
92.1955 | | SSGV01::TPNSTN::Strobel | Jetson, you're TFSO'd !!! | Thu Apr 21 1994 17:31 | 5 |
| I think Jamie's right. Last I knew somewhere around 70-80% of Digital
common stock was held by institution investors.
Even so, if 50,000 employees bought and automatically sold 50 shares each,
that would only be 2.5m out of 136m shares outstanding.
|
92.1956 | | ROCK::FROMM | This space intentionally left blank. | Thu Apr 21 1994 17:42 | 21 |
| >The stock is bought at
> the lower price (of either Dec. 1 and June 1).
sort of. it's bought at something they call the Fair Market Value. i have
yet to figure out exactly what that means, or at what exactly what point that
value is determined. keep in mind that the 5/31 closing price is not
necessarily the same as the 6/1 opening price.
>Since I immediately
> sell the stock, that is where I recieve all of my money back plus 15%.
but what does "immediate" mean? unless you're actually the one on the trading
floor, there's always some delay. and since most of us are probably selling
odd-lots (not multiples of 100 shares), your sale has to be grouped with others
to actually be sold. i'm not sure exactly when the sale takes place, but i
gather there is some lag between your purchase and your sale. enough of a lag
for the price to drop.
anyone know more details on this? (jc?)
- rich
|
92.1957 | | ROCK::FROMM | This space intentionally left blank. | Thu Apr 21 1994 17:44 | 9 |
92.1958 | doesn't answer the FMV question but... | STRATA::DWEST | each has it's own moment... | Thu Apr 21 1994 17:54 | 8 |
| i think the price you get for your stock is actually something like an
average of what was paid for it over the course of the day... not sure
about that, but i am prettty sure it's not just traded on the open
market (ie all employees selling on the same day will get the same
price, which would never happen if we all sold seperately on the open
market)...
da ve
|
92.1959 | | GNPIKE::HANNAN | Beyond description... | Thu Apr 21 1994 17:56 | 16 |
| You buy the stock at a 15% discount off the lowest of the 2 prices
(DEC 1, JUN 1). For the JUN 1 price, I think they use either the
closing price from 5/31, or the opening price at the start of the day
on 6/1. When you put in for a sale for 6/1, it's sold at the close
price, at the end of that day, 6/1.
That's pretty close to how it works.
There's definitely a delay and a gamble (as always with any stocks)
between the time and price you buy/sell. From what I remember, the
stock will typically drop during the day, and you get less than the
15% profit back. If you sell for less than what you paid, you get
to deduct the loss at tax time. The 15% "benefit" you got to buy
the stock is added to your W2 as taxable income.
/Ken
|
92.1960 | If I Were An Accountant... | BINKLY::CEPARSKI | Show Me Something Built To Last | Thu Apr 21 1994 18:09 | 4 |
| <<the stock is added to your W2 as income.
does that mean you don't have to do NEthing else when it comes to tax
time? It's just considered the same as "normal" income?
|
92.1961 | | ROADKL::INGALLS | may the four winds blow you home again | Thu Apr 21 1994 18:15 | 8 |
|
> does that mean you don't have to do NEthing else when it comes to tax
> time? It's just considered the same as "normal" income?
Yes, except when you sell, then you itemize your capital gain or loss...
|
92.1962 | ?? | STRATA::DWEST | each has it's own moment... | Thu Apr 21 1994 19:43 | 15 |
| so, for those keeping score, here's a theoretical situation...
lets say, for the sake of example only(!!!!!), stock is $100
and you buy one share...
your purchase price is $85... $15 is added to your W2...
if you sell, your capital gain (or loss) is sale price - "fair market
value" at time of purchase (which will appear on your statement
someplace at the end of the year)...
still not sure how "fair market value" is calculated though...
pretty close?
da ve
|
92.1963 | | MONTOR::HANNAN | Beyond description... | Thu Apr 21 1994 20:01 | 17 |
| re: <<< Note 92.1962 by STRATA::DWEST "each has it's own moment..." >>>
In your exampe, it's $100.
From VTX:
"The price at which shares are purchased is an amount equal to 85% of the
fair market value of the stock on the first or last business day of the
applicable six-month payment period, whichever is lower."
FMV is probably the closing price, ie, the stock price at the end of the day,
the one that's printed in the newspapers.
All *I* care about is getting the bucks about 10 days after 6/1 and 12/1 ;-)
It's a great way to save money.
/Ken
|
92.1964 | | ROCK::FROMM | This space intentionally left blank. | Thu Apr 21 1994 20:01 | 10 |
| >Even so, if 50,000 employees bought and automatically sold 50 shares each,
>that would only be 2.5m out of 136m shares outstanding.
just checked a copy of saturday's WSJ. 5.9M shares of digital stock were
traded on friday (the day of the earnings announcement), and digital was THE
most heavily traded issue on the NYSE that day.
so 50,000 employees selling 50 shares each is a very significant amount.
- rich
|
92.1965 | | BIODTL::JC | Gimmie a shorty! | Thu Apr 21 1994 20:48 | 77 |
| re: NAC::TRAMP::GRADY "Short arms, and deep pockets..." 9 lines 21-APR-1994 12:08
> if the stock drops, you've automatically incurred a paper loss. Unless
> of course the stock drops more than 15% that day, in which case you'll
> have a REAL loss, and won't get all of your money back. I don't think
> the stock has ever dropped 15% on the stock purchase date, though.
not quite right. the cost basis for your purchase is the real 100% price
when you go to figure your taxes. the 15% is a freebee benifit that digital
is _giving_ to you. so, on June 1, say the buy price is $10.00. but, a
trade imbalance occurs that morning and DEC opens at $9.50. you sell for
$9.50. so, when you go to figure your taxes, your buy price is $10.00 and
your sell price is $9.50, which is a loss of $0.50 per share. that 15% was
added to your pay check for you, which is taxed as normal income.
re: Jamie
> Whyshould the stock drop on 1 Jun? End of year results won't be out
> 'til long after, and the emplyee stock sales don't appreciably increase
> the trading volume.
trade imbalance: too many sellers, not enough buyers:
re: SSGV01::TPNSTN::Strobel "Jetson, you're TFSO'd !!!" 5 lines 21-APR-1994 13:31
>Even so, if 50,000 employees bought and automatically sold 50 shares each,
>that would only be 2.5m out of 136m shares outstanding.
true, but it is the avg daily volume that matters. i think dec's avg is
about 500-650k shares a day (not including the latest REAMING!). and, volume
doesn't really make a diff. it is the sell order vs. the buy orders.
re: ROCK::FROMM "This space intentionally left blank." 21 lines 21-APR-1994 13:42
>sort of. it's bought at something they call the Fair Market Value. i have
>yet to figure out exactly what that means, or at what exactly what point that
>value is determined. keep in mind that the 5/31 closing price is not
>necessarily the same as the 6/1 opening price.
don't get caught up in trying to figure how FMV is computed. just remember
that the FMV is your cost basis when it comes to tax time!
>floor, there's always some delay. and since most of us are probably selling
>odd-lots (not multiples of 100 shares), your sale has to be grouped with others
odd-lots are a past relic. i buy and sell odd lots and now a days, it makes
no diff.
RE: GNPIKE::HANNAN "Beyond description..." 16 lines 21-APR-1994 13:56
> You buy the stock at a 15% discount off the lowest of the 2 prices
> (DEC 1, JUN 1). For the JUN 1 price, I think they use either the
> closing price from 5/31, or the opening price at the start of the day
i think the buy p[rice is the 5/31 close, but i ain't pos-E-teev.
re: STRATA::DWEST "each has it's own moment..." 15 lines 21-APR-1994 15:43
> so, for those keeping score, here's a theoretical situation...
>
> lets say, for the sake of example only(!!!!!), stock is $100
> and you buy one share...
>
> your purchase price is $85... $15 is added to your W2...
> if you sell, your capital gain (or loss) is sale price - "fair market
> value" at time of purchase (which will appear on your statement
> someplace at the end of the year)...
FMV, in this case, would be $100. so, if you sold for anything less than
$100, you have a loss... anything more, gain.
and now for a speculation for those who read this far:
ESPP won't happen on DEC 1 '94
just a guess...
|
92.1966 | | SSGV01::TPNSTN::Strobel | Jetson, you're TFSO'd !!! | Thu Apr 21 1994 21:56 | 13 |
| Rich -
You're right, although my example is probably way off (% of
employees participating * % who sell the first day) is probably less than
the 60% of the population I used.
Also (and I could be off on this) I don't believe Investor Services
would put all of the shares to be sold "out" at the start of the day's
session but spreads them out to minimize downside risk. This is where the
average price comes in.
Of course, I also mentioned to JC that I was holding my Novell
stock and look what happened to that! It would be an interesting bit of
info to see the day before/of/after stock prices for the stock plan.
jeff
|
92.1967 | | ROCK::FROMM | This space intentionally left blank. | Fri Apr 22 1994 14:19 | 12 |
| > <<< Note 92.1965 by BIODTL::JC "Gimmie a shorty!" >>>
>and now for a speculation for those who read this far:
> ESPP won't happen on DEC 1 '94
> just a guess...
just what do you mean? are you guessing that they will discontinue the plan
completely? or just put it on hold? or that DEC stock will be worthless by
12/1?
- rich
|
92.1968 | i doubt they'll suspend it... | STRATA::DWEST | each has it's own moment... | Fri Apr 22 1994 15:47 | 11 |
|
i doubt that they'd suspend the program... when we buy stock with
money from our paychecks, it means cash for digital... thre's less
cash going out to the employee every week (even though they may put
money in an account somewhere and not have access to it, it's still not
cash going out the door to your and my pockets) and when the employee
buys stock, Digital gets the money back... i would also think that
with us making a market for the stocks that it would help support the
price somwhat...
da ve
|
92.1969 | | STRATA::DWEST | each has it's own moment... | Fri Apr 22 1994 15:47 | 2 |
| hmmm ... of course, now that i think of it htere's nothing to stop
them from changing the program so that we don't buy at a discount...
|
92.1970 | | ROCK::FROMM | This space intentionally left blank. | Fri Apr 22 1994 15:58 | 20 |
| >when we buy stock with
> money from our paychecks, it means cash for digital...
no it doesn't
>when the employee
> buys stock, Digital gets the money back...
no they don't
digital only gets money from stock transactions when they issue new shares
(as they did recently with the preferred stock). this is what has always
amazed me about the whole stock market. a company needs capital, so they
issue stock. they get their money, and then for the rest of eternity, people
are merely buying and selling these pieces of papers. yeah, those papers
technically grant you a share of the ownership of a company, but you can't
do squat with that unless you have a somewhat sizeable percentage of the
shares (i.e. a LOT of money)
- rich
|
92.1971 | | BIODTL::JC | Gimmie a shorty! | Fri Apr 22 1994 16:06 | 17 |
| why, you ask, regarding discontinuation?
well, anyone remember the proxy vote last time around to increse the #
of shares for ESPP? those values were based on the DEC stock price of
$40. now it is 20!
so, this means that if we buy at 20, you'll be getting about _double_ the
amount of shares they were counting on! the company didn't think of that!
we'll probably have enough in the kitty for this round, but in december?
i dunno...!!
---
as for where the stock comes from. i believe espp is the equiv of issuing
more stock, but i'm not certain. so, when we do buy, dec does get the
money. i'm not sure on this though
|
92.1972 | Lucente is Gone! | TRETOP::SAMILJAN | | Mon Apr 25 1994 15:17 | 7 |
| FLASH!!
Lucente resigned! Enrico Pesatori takes over his responsibilities.
Curiouser and curiouser.
Bud
|
92.1973 | | SUBPAC::MAGGARD | Integrate! | Mon Apr 25 1994 15:32 | 9 |
|
re: .1972
Oh shit... here it comes.
:-(
|
92.1974 | | ROCK::FROMM | This space intentionally left blank. | Mon Apr 25 1994 15:42 | 3 |
| > -< Lucente is Gone! >-
who's Lucente?
|
92.1976 | | ECRU::CLARK | Chairman of the Bored | Mon Apr 25 1994 15:57 | 8 |
| > Lucente resigned! Enrico Pesatori takes over his responsibilities.
Welp, that makes sense given the way the company is going. Lucente was
the software dude, Pesatori is hardware.
Bummer, I was hoping Lucente would take Palmer's place.
- dc
|
92.1977 | | MKOTS3::JOLLIMORE | On the threshold of a dream | Mon Apr 25 1994 15:58 | 4 |
| (former) VP WW Sales
rumored to be palmer's replacement.
pesatori will assume his roles.
see livewire(tm) for complete details.
|
92.1978 | | MKOTS3::JOLLIMORE | On the threshold of a dream | Mon Apr 25 1994 15:59 | 1 |
| ::clark, you're kidding. right?
|
92.1979 | ;^) | ECRU::CLARK | Chairman of the Bored | Mon Apr 25 1994 16:04 | 1 |
| no.
|
92.1980 | Blurb on Lucente -> Pescatore switch | NECSC::LEVY | A song that's born to soar the sky | Mon Apr 25 1994 16:06 | 40 |
| Digital expands Enrico Pesatori's responsibilities -
Digital President and CEO Bob Palmer today announced that,
effective immediately, Enrico Pesatori, vice president and general
manager of the Personal Computer Business Unit, has assumed the
additional responsibilities of managing the company's Systems Business
Unit, including the worldwide sales and marketing organization. In
assuming these new responsibilities, Pesatori succeeds Ed Lucente, who
has resigned from Digital to become executive-in-residence at the
Graduate School of Industrial Administration at Carnegie-Mellon
University in Pittsburgh.
As general manager of the Systems Business Unit, Pesatori will
be responsible for Digital's Alpha AXP and VAX systems as well as
software, network and component/peripheral upgrade products. He is
also responsible for Digital's industry marketing organization.
"Enrico has created a growing and profitable force in the
worldwide PC market, making Digital an emerging market leader in this
sector of our industry," said Palmer. "In just over a year he has put
in place an effective business model and has made extraordinary
progress in establishing a successful direct sales, marketing,
channels, engineering and manufacturing operation. He has met his
business commitment in a very competitive environment. Enrico's
demonstrated leadership, broad understanding of the marketplace
realities, international experience and strategic channels vision
make him highly qualified for these additional responsibilities."
Prior to joining Digital in February 1993, Pesatori served for
two years as president and chief executive officer, Zenith Data
Systems, and spent 21 years with Ing. C. Olivetti & Co. in a series of
senior technical and management positions. A native of Turin, Italy,
Pesatori holds a master's degree in electronics engineering from
Polytechnic University in Turin.
Commenting on Lucente's departure, Palmer said, "Digital
benefited significantly from Ed's experience and leadership. He set
high standards of professionalism for our sales force and helped
Digital move to a more customer-focused organization. We wish him well
as he takes on this prestigious and important assignment for his alma
mater, Carnegie-Mellon University."
|
92.1981 | Neutron Eddie gets nuked from yet another job | SALES::GKELLER | An armed society is a polite society - RH | Tue Apr 26 1994 12:37 | 3 |
| Ding dong the witch is dead...
Geoff
|
92.1982 | :-) | BIGQ::DCLARK | Good Gali Miss Mali | Tue Apr 26 1994 13:37 | 1 |
| tell us how you REALLY feel, Fejj
|
92.1983 | There's always a silver lining.... | QUARRY::petert | rigidly defined areas of doubt and uncertainty | Tue Apr 26 1994 14:53 | 18 |
| Heard a short piece on Digital on WBUR this morning. After talking about all
the recent twists and downfalls and Lucente resigning, the reporter asked
the analyst if there were any 'silver lining' for Digital. The response,
paraphrased was "Yes. If you cut to the heart of Digital there's a lot
of excellent engineering experience and creativity. Managment should
release it's tight hold on things and let the engineers dream and
build and create Digital back into a brighter future." or something
close along those lines.
There was also an interesting analysis of the situation that a person in
my group sent around today. It was done by
jonathan@illuminata.com "Jonathan Eunice"
and I can post it here if there is any interest. But like other things,
I figured this might already be making the internal rounds, so I'll hold
off till asked.
PeterT
|
92.1984 | post the sucker! :-) | SUBPAC::MAGGARD | Integrate! | Tue Apr 26 1994 17:33 | 6 |
|
Please post it...
Thanx! :-)
- jeff
|
92.1985 | | NAC::TRAMP::GRADY | Short arms, and deep pockets... | Tue Apr 26 1994 18:47 | 4 |
| It's already posted in DIGITAL notes file - note 3021.something, I think...
Check it out - it's interesting reading.
tim
|
92.1986 | I'm not quite sure who this guy is. On BoD??? | QUARRY::petert | rigidly defined areas of doubt and uncertainty | Tue Apr 26 1994 18:48 | 314 |
| Ok, you asked for it. If'n cut and paste don't work between these 2 windows
though, somebodies gonna have to explain how to get a file into a
notes reply ;-) Nope, I guess it works fine.
*****************************************************************
In article <3021.17-940425-100641@other.digital>, glantz@perle.enet.dec.com (Mike, Paris Research Lab, 776-2836) writes:
From: glantz@perle.enet.dec.com (Mike, Paris Research Lab, 776-2836)
Subject: Re: What's the view of the Board?
Date: Mon, 25 Apr 94 10:06:41 EST
Title: What's the view of the Board?
Reply Title: a patient view
I'm surprised this hasn't hit the InfoHiway yet. Some will accuse Mr
Eunice of being too optimistic, but he has some valid points. I'm glad
to see from the previous note that our BoD appears to be able to
exercise patience and calm.
From: jonathan@illuminata.com "Jonathan Eunice"
Date: 19-APR-1994 12:49:37.71
Subj: Point/Counterpoint
Copyright (c) 1994 Illuminata
Digital's Had It Now: Fact, Fiction or Feeding Frenzy?
Digital's 3rd quarter results were, in the words of pop
musician Warren Zevon, "not that pretty at all."
- Terry Shannon, 4/18/94
Sometimes, in the news business, people create
cliffhangers where there are no cliffs and write about
events in a tone of urgency that has no basis in fact.
... And that is why some journalists' credibility
depends largely on the forgetfulness of ... people.
- Garrison Keillor, 4/17/94 Boston
Globe
A feeding frenzy has developed around Digital's poor 3rd quarter
financial results. It's not clear there's much to sustain this
frenzy other than the press's-and their readers'-love of the
sensational. Though the results are disappointing, and while
serious additional measures such as headcount reduction must be
taken, these are not much of a surprise. Indeed, most of the
relevant facts regarding Digital's financial and structural
situation were either already well known or quite predictable.
They've been seen time and again in similar restructurings. This
is how turnarounds happen, alternately moving forward and moving
back. They don't happen overnight, nor are they pretty. Given the
computer industry's ongoing reorganization, you'd think people
would understand that by now-but if you thought that, you'd
certainly be wrong. Here is our take:
Point Digital is financially troubled.
Counter Yes, it is. Like any large corporation forced to
restructure itself and its principal product lines, DEC
has considerable problems on its hands. It is losing
money, and its margins are falling. It needs a much
lower cost of doing business, and it needs to forecast
its business better.
On the other hand, Digital's financial problems are not
the end of the story. Though troubled in some areas,
the firm is quite robust in others. For example, it has
over $1.25B in the bank. Total product revenues in
3FQ94 were up sequentially, and AXP revenues up
enormously, despite the fact that 2FQ is traditionally
stronger. Digital's StorageWorks and PC business units
are rapidly growing and are now profitable. Digital's
book-to-bill ratio was positive in all geographies
worldwide. Etc. Etc. Etc.
In other words, users and investors should continue to
be concerned. But the "doom and gloom" response to
Digital's unacceptable 3Q financial report does not
reflect the firm's strengths or opportunities. The
question from a competitive or customer viewpoint is
not where Digital's stock is going, but rather whether
it remains a strong and viable business. Though issues
such as a too-high cost of making and selling products
are real, they are resolvable. A new, second generation
of AXP systems has just been introduced, and these
should contribute to sales momentum, even outside DEC's
historical base. So with good execution, DEC's
financial problems do not keep it from being an strong
systems vendor.
Point If DEC doesn't make a profit in 4FQ94, Palmer is gone.
Counter Unlikely. Though the current results are disappointing,
only a real optimist would have expected significantly
better results from a company recovering from the
malaise in which the company found itself when Palmer
took the helm. The company clearly cannot be turned
around within FY1994. Nonetheless, much has been
achieved. For example, the company has been organized
for accountability and proper reporting. Major captive
divisions such as PCs and StorageWorks are now
profitable and making market headway. Palmer himself is
settling in. As an articulate, poised, and highly
credible CEO, he is just the kind of leader DEC needs
in its bad patch. Given continuing corporate
improvements, as well as the reinvigoration likely from
second-generation AXP systems, the current management
team probably has twelve to eighteen months more to
prove itself though improved results.
Point Digital's gross profit margins have dropped.
Counter Yep. Declining gross margins are an inevitability as
traditional IT vendors are forced to adopt a PC-like
pricing structure. Though even Robert Palmer admits the
company does not have a competitive cost structure, it
is improving. DEC's new AXP server systems, for
instance, incorporate commodity technologies and new
packaging that enable low prices while maintaining
acceptable margins. Anticipated product announcements
through the rest of 1994 will proliferate and
accelerate these advances throughout the product line.
So while Digital has significant work ahead on cost
reduction, it is at least "work in progress."
Point Digital's cost structures are unsustainable.
Counter Yes. Even Robert Palmer says this. That's why Digital
will not have to sustain those costs for much longer.
While Digital already has aggressively cut payroll, R&D
and other costs, these efforts have proven inadequate.
Management appears willing to make strong corrections,
including reducing headcount well beyond the 7K
reduction already planned for the current quarter.
Digital also recognizes the need to leverage indirect
channels to reduce SG&A, but believes that significant
sales disruption would accompany immediate and drastic
restructuring of the direct sales force. More work on
cost containment and a lower-cost business structure
will be necessary-but this is likely to occur.
Point Digital cannot sustain the investment required to build
AXP chips.
Counter Nonsense. Many other companies with less skill and
fewer resources in semiconductor fabrication-among them
HP, MIPS/SGI, and Sun-have maintained chip design and
fabrication efforts (whether in-house or
collaboratively) over the past few years. There is
little reason to suspect Digital, with its extensive
CMOS experience and more than a billion dollars on-
hand, cannot build or buy whatever is required.
While there was cause for skepticism back in early 1992
when DEC introduced its AXP strategy, there should be
few questions today. DEC has managed to regularly up
the ante. Current EV4 chips are shipping up to 200 MHz,
with 275 MHz ready by 4Q94. The second-generation EV5
chips (with over 9M transistors and 4-way super-scalar
support) will soon be produced in volume. And the new
Fab6 facility for producing third-generation EV6 chips
is reportedly ahead of schedule. We see no signs that
Digital cannot support its design and fabrication
requirements for at least two additional AXP
generations.
Point Digital's service revenues are down.
Counter This is an inevitable effect of the VAX-to-AXP
transition, and to be expected. AXP allows numerous
VAX systems to be replaced with fewer AXP systems. Not
only are fewer systems required, each of these systems
is inherently more reliable. Though this has a good
side, in that DEC can now provide a three-year hardware
warranty with all second-generation AXP servers, it
also means that fewer hardware maintenance dollars will
be flowing in. This traditional maintenance business
remains very profitable-there's just a whole lot less
of it. Fewer people will thus be necessary to provide
this service.
While traditional hardware maintenance revenues are
declining, consultative services such as systems and
network integration are growing. This will enable
Digital to capitalize on new revenue opportunities,
though in the near term these revenues will grow more
slowly than traditional maintenance falls.
Point Digital is experiencing a precipitous decline in VAX
system sales.
Counter: Yes, of course. This is to be expected as DEC customers
migrate to AXP platforms. Users now buy VAX systems
primarily to increase capacity for existing, stable
applications.
Point Users are actually unplugging their VAX systems.
Counter Yes, of course. Given the price-and-performance of the
AXP systems, just one or two can replace an entire
cluster of VAXen. As maintaining the older, less
reliable VAX systems is relatively expensive, it is
cheaper to decommission them that it is to keep them
running. An inevitable side-effect of ever cheaper,
ever faster systems is that hardware becomes more
disposable.
Point No one is buying AXP systems.
Counter Not true. AXP systems are selling briskly. AXP sales
were up 66% in 3FQ94 from 2FQ94. This represents robust
sales growth that was, indeed, far more than the firm
expected.
The problem for DEC is that these systems bring in
lower revenues and lower margins than those for the
VAX. Better cost controls and lower headcount will thus
be required to maintain a viable business. But the
notion that DEC's problems are caused by users not
buying AXP systems is simply hokum.
Point Digital can't deliver AXP processors in volume.
Counter Actually, it can. Though DEC has had recent order
backlogs, these stem from poor forecasting regarding
other system components such as DRAMs, disk drives, and
monitors. AXP microprocessors have not been a
significant limiting factor. Not only is the current
generation (EV4) of AXP chips sufficient to meet
demand, Digital's second-generation (EV5) chipset soon
will enter volume production at the firm's Hudson
semiconductor facility.
Point Digital sells only to the installed base.
Counter Over the past few years, this has been very much the
case. As it underwent major product line transitions,
the company hasn't had much worth offering outside its
base. Watch for a reversal over the next six to
eighteen months. This change is enabled by the advent
of mature versions of DEC OSF/1 and OpenVMS running on
second-generation AXP products. The recently announced
DEC 2100, for example, represents a breakthrough
product with the opportunity to break out of the
installed base and to gain share in new markets.
Point Digital has a poor corporate image and minimal
mindshare.
Counter Yep. Digital recent marketing campaign has focused on
"the vision thing" rather than on articulating a
compelling story or even product differentiation. At
the same time, do not take shoddy marketing as a total
catastrophe. Better advertising would help. More
important will be the emergence of the second-
generation AXP systems. The sales force is
enthusiastic, and will be able to transfer at least
some of this enthusiasm to customers-even those outside
the installed base. Also remember that many companies,
including Apple, Microsoft, NCR, and Oracle have
recovered nicely from broad industry impressions that
their main product lines belong in the "can't shoot
straight gang."
Point Morale at Digital is abysmal.
Counter It's never particularly pleasant when a company must
downsize, as Digital must do. On the other hand,
Digital is hardly alone here. Apple, IBM, and many
other leading vendors have seen similar requirements in
the past year. Anecdotal evidence indicates that morale
is fairly strong in light of the recent launch of the
key DEC 2100 product set.
Point Digital has a confused operating system strategy.
Counter Yes, it does. Unlike rivals such as HP and IBM, Digital
is finding it difficult to articulate a multi-pronged
OS strategy. Nonetheless, DEC now seems to realize that
its near-term success must rest on its two primary
operating systems, OpenVMS and DEC OSF/1. It has wisely
focused most of its development and marketing resources
on these alternatives. We believe that these will
increasingly become the front-runners in the months to
come.
|
92.1987 | | QUARRY::petert | rigidly defined areas of doubt and uncertainty | Tue Apr 26 1994 18:50 | 10 |
| > It's already posted in DIGITAL notes file - note 3021.something, I think...
> Check it out - it's interesting reading.
>
> tim
Now you tell me!!!
;-)
PeterT
|
92.1988 | | TERAPN::PHYLLIS | a rare and different tune | Tue Apr 26 1994 19:54 | 7 |
|
can someone who's home please turn on CNN and tell me if you hear
anything about Digital.
thank you.
|
92.1989 | I ask.... | SLOHAN::FIELDS | Strange Brew | Tue Apr 26 1994 19:57 | 1 |
| why ? has something happened ? like are we DEAD ?
|
92.1990 | | CXDOCS::BARNES | | Tue Apr 26 1994 20:21 | 4 |
| rumor has it Palmer resigned..rumor has it CNN is brodcasting this
info...UNCONFIRMED!!!!!!!!!!!!
rfb
|
92.1991 | | TERAPN::PHYLLIS | a rare and different tune | Tue Apr 26 1994 21:01 | 9 |
|
Exactly. I didn't want to say anything since I didn't hear it myself
and there's been enough shit flying around here this week. Apparently
CNN *did* announce it, but at 3:30, Jeff Gibson of Corporate
Communications, denied it.
Stock closed up 7/8 at 20 1/8.
|
92.1992 | | CXDOCS::BARNES | | Tue Apr 26 1994 21:09 | 4 |
| yep...being denied.....
what's the Italian TFSO package like?? %^)
rfb
|
92.1993 | | NAC::TRAMP::GRADY | Short arms, and deep pockets... | Wed Apr 27 1994 12:08 | 4 |
| Now, there's a straight line if I ever heard one...;-)
tim
|
92.1994 | | ECRU::CLARK | Chairman of the Bored | Wed Apr 27 1994 15:39 | 1 |
| Happy 1994!
|
92.1995 | sigh... what next? | STRATA::DWEST | each has it's own moment... | Fri Apr 29 1994 14:24 | 10 |
| so, is anyone following the DCU happenings these days?
the Board of Directors invalidated the recent election...
the 3-G's (BoD election candidates) have all been terminated from
DIGITAL...
you know it's going to get stranger...
da ve
|
92.1996 | | NAC::TRAMP::GRADY | Short arms, and deep pockets... | Fri Apr 29 1994 14:32 | 8 |
| Why? What happened?
I got a notice in the mail that the election was 'invalidated', but I
don't know why, or what caused these people to be fired.
Anyone know what's going on?
tim
|
92.1997 | | ECRU::CLARK | Chairman of the Bored | Fri Apr 29 1994 14:38 | 1 |
| There's discussion about it in the Digital and DCU notesfiles, I hear.
|
92.1998 | get get there from here | SLOHAN::FIELDS | Strange Brew | Fri Apr 29 1994 14:41 | 6 |
| its damn weird alright, I smell a lawsuit coming...
funny the DCU notes file is off line today at least I can't get into
it.
Chris
|
92.1999 | | MONTOR::HANNAN | Beyond description... | Fri Apr 29 1994 14:50 | 12 |
| re" <<< Note 92.1995 by STRATA::DWEST "each has it's own moment..." >>>
> the 3-G's (BoD election candidates) have all been terminated from
> DIGITAL...
By 3-G's, do you mean the 3 people who's last name starts with a "G" ?
IE, the ones who stated a credit union should be for the benefit of
its members and that fees should stop ? the ones I voted for ?? :-/
One was Gransciewicz (or close to that, can you tell I'm 1/2 polish? ;-)
/Ken
|
92.2000 | | SLOHAN::FIELDS | Strange Brew | Fri Apr 29 1994 14:58 | 7 |
| yup those are them....I voted for them too, BTW they still can be on
the BOD even if they don't work for DEC anymore....but I feel they, at
this point, don't give a damn about it now....myself I'm looking into
taking my banking else where, but leaving $5 in my savings so I can
vote in the all new new election.
Chris
|
92.2001 | | AKOCOA::SMITH_D | simple twist of fate | Fri Apr 29 1994 15:02 | 3 |
|
I understand there is going to be a re-election in the near future.
|
92.2002 | out of hand! | STRATA::DWEST | each has it's own moment... | Fri Apr 29 1994 15:07 | 17 |
| apparently they have been acused of improper use of digital's networks
and stuff and were terminated... someone has claimed that security has
been speifically alerted adn that they are not allowed access to any
digital sites... DCU appear rife with internal politics... there's
also a stink about DCU employees campaigning on premises for the
opposition with the blessings of DCU management... who knows whats's
really going on?
the "take your money out and send DCU a message" crowd are asking
people to wait til monday to move your funds so that all the
withdrawals and mebership cancellations happen inthe same month...
i'm thinking of doing it just cuz i'm sick of the childish bs...
will digital do direct deposit to accounts other than at DCU?
if i can get free checking, direct deposit and better ATM covereage
i'd probably move at this point...
da ve
|
92.2003 | | STRATA::DWEST | each has it's own moment... | Fri Apr 29 1994 15:08 | 4 |
| the re-election and annual meeting have been postponed for some time...
inthe name of fairness they are supposed to be coming up with new rules
for the election and things won't start again until after a "cooling
off" period of undetermined length to let tempers die down some...
|
92.2004 | Im stopping my direct deposit today... | SLOHAN::FIELDS | Strange Brew | Fri Apr 29 1994 15:15 | 2 |
| da ve, yes DEC will do direct deposits at other banks...Im sure of this
but you could give US Payroll a call and check...
|
92.2005 | | TERAPN::PHYLLIS | a rare and different tune | Fri Apr 29 1994 15:41 | 4 |
|
I get direct deposit every week in a non-DCU account.
|
92.2006 | | QUARRY::petert | rigidly defined areas of doubt and uncertainty | Fri Apr 29 1994 16:00 | 7 |
| Yep, violation of DEC corporate policy 6.54, use of Digital networks for
solicitation of employees. One of them was in my group and it was a
bit of a surprise to me, but then I don't follow DCU stuff, as I am
not in it myself. Too bad, as he was one of the better people around
here. Shouldn't say anymore as I don't want to violate anything.
PeterT
|
92.2007 | | CXDOCS::BARNES | | Fri Apr 29 1994 16:22 | 8 |
| REL: use of DFIGITAL networks for solicitation...
so these people were prostitutes??? %^)
seriously...the DCU saw big changes comin if these peopel were elected,
so they pulled a watergate on 'em and gave 'em the boot...
rfb
|
92.2008 | | MONTOR::HANNAN | Beyond description... | Fri Apr 29 1994 17:06 | 10 |
| re: <<< Note 92.2007 by CXDOCS::BARNES >>>
> seriously...the DCU saw big changes comin if these peopel were elected,
> so they pulled a watergate on 'em and gave 'em the boot...
I bet your right! When I read the summaries of the "3-G's" I was like, YES!!
This sounds great!! But apparently the ones with the cut+paste BS summaries,
mostly incumbents, disagreed :-/
Ken
|
92.2009 | | ROCK::FROMM | This space intentionally left blank. | Fri Apr 29 1994 17:07 | 7 |
| > RE: use of DIGITAL networks for solicitation...
didn't the "other" candidates do the same thing? and didn't Bob Palmer use
the Digital networks to solicit employess who owned stock to vote in favor
of authorizing the issuing of preferred stock? what's the difference?
- rich
|
92.2010 | ? | MONTOR::HANNAN | Beyond description... | Fri Apr 29 1994 17:14 | 13 |
| re: <<< Note 92.2009 by ROCK::FROMM "This space intentionally left blank." >>>
>> RE: use of DIGITAL networks for solicitation...
>
> didn't the "other" candidates do the same thing? and didn't Bob Palmer use
> the Digital networks to solicit employess who owned stock to vote in favor
> of authorizing the issuing of preferred stock? what's the difference?
Hmmm, I'd venture a guess that since Bob Palmer is the CEO of this company,
that he can use the network of his company for whatever purpose he deems
necessary.
/Ken
|
92.2011 | | ROCK::FROMM | This space intentionally left blank. | Fri Apr 29 1994 17:36 | 10 |
| > <<< Note 92.2010 by MONTOR::HANNAN "Beyond description..." >>>
>Hmmm, I'd venture a guess that since Bob Palmer is the CEO of this company,
>that he can use the network of his company for whatever purpose he deems
>necessary.
ah yes, i forgot. we're all equal here, but some of us are more equal than
others.
- rich
|
92.2012 | | TERAPN::PHYLLIS | a rare and different tune | Fri Apr 29 1994 17:50 | 6 |
|
>ah yes, i forgot. we're all equal here, but some of us are more equal
>than others.
same as everywhere else..
|
92.2013 | | ECRU::CLARK | Chairman of the Bored | Fri Apr 29 1994 17:54 | 11 |
| > >ah yes, i forgot. we're all equal here, but some of us are more equal
> >than others.
>
> same as everywhere else..
But I remember a time when we were different ... if just in concept.
I don't remember ever hearing about Ken complaining about the size of his
limo.
- dc :^}
|
92.2014 | | CXDOCS::BARNES | | Fri Apr 29 1994 18:01 | 11 |
| is it only me? I've seen a drop in values in DEC since Ken left.
He may have driven us into the ground financially, but there was an
air of working for a company that CARED and had values of SOME kind..
(ya, I know, companies aren't here for US, but for the stockholders,
heard it all before)
really makes me wanna fill out that ^%%$&* survey that today is the
last day to do....think i'll just blow it off
rfb
|
92.2015 | no, it's not the same... | STRATA::DWEST | each has it's own moment... | Fri Apr 29 1994 18:12 | 13 |
| as for Bob using the network to promote the preferred stock thing,
no, it's NOT the same...
by promoting the passage of the sale of preferred stock Bob, a
corporate officer, was acting in (arguably) the company's best
interest (raising cash/capital), and in keeping with his roles and
responsibilities as a corporate officer...
hardly the same as campainging for a position on DCU's board (personal
gain, not in the interest of DIGITAL, and for a completely seperate
corporate entity) using Digital Equipment Corps assets and premises...
da ve
|
92.2016 | | ROCK::FROMM | This space intentionally left blank. | Fri Apr 29 1994 18:19 | 7 |
| > really makes me wanna fill out that ^%%$&* survey that today is the
> last day to do....think i'll just blow it off
thanks for the reminder. i think i'll do that now. why are you going to
blow it off?
- rich
|
92.2017 | | CXDOCS::BARNES | | Fri Apr 29 1994 19:10 | 3 |
| pissed off........would rather get drunk
rfb
|
92.2018 | Buffalo Gold? | BSS::MNELSON | Inspiration, move me Brightly | Fri Apr 29 1994 19:14 | 5 |
|
whaddya say to 4:00 rfb?
|
92.2019 | | CXDOCS::BARNES | | Fri Apr 29 1994 19:19 | 1 |
| mmmmm could be done MNELSON, maybe....
|
92.2020 | | MONTOR::HANNAN | Beyond description... | Fri Apr 29 1994 20:00 | 27 |
| re: <<< Note 92.2014 by CXDOCS::BARNES >>>
> is it only me? I've seen a drop in values in DEC since Ken left.
> He may have driven us into the ground financially, but there was an
> air of working for a company that CARED and had values of SOME kind..
No, it's not only you. I've been with DEC for 6.5 years now and you're
right on. Before that, I worked for 2 other companies for about 5 years
total - it was actually a single job. The first company sold my group and
product, but only 12 out of about 30 people, to this small corporation.
That was my introduction to layoffs when 18 people were told "sorry you don't
have a job now". The 12 people turned into 1 person, me, within 1 year.
I was the only one left, the remaining people either left on their own, or
were also laid off. After those bad experiences, I looked to DEC because
they appeared to care for people, and they did at first. (There were also
other reasons for joining DEC). But Now, DEC is just like any other company
out there, unfortunately, and the values from the past are gone.
> really makes me wanna fill out that ^%%$&* survey that today is the
> last day to do....think i'll just blow it off
I did that survey - I try to do em all, like the other hardcopy one from
a few weeks ago, because I believe they might [eventually] help. I have
some very strong opinions on this place and I want em known. I figure like
any survey, one persons voice is representative of many voices...
/Ken
|
92.2021 | | ROCK::FROMM | This space intentionally left blank. | Fri Apr 29 1994 20:10 | 12 |
| >I have
>some very strong opinions on this place and I want em known.
i did the survey too, but my views on it are a little lower than before i did.
the problem is that a lot of the questions are very generalized, as is needed
in that kind of survey. but the generalizations mean that i can't always
give an accurate, complete answer with a simple agree or disagree. so i'm
not sure if my responses necessarily reflect what i would want them to. i
thought there would be a little more room for comments or further
clarifications than 5 lines at the end.
- rich
|
92.2022 | :^/ | STRATA::DWEST | each has it's own moment... | Mon May 02 1994 12:35 | 8 |
| i was a bit disappointed in it too... only one question allowed you to
give comments... everything else was a number 1-5.... many of the
individual questions deserved comment as well... add to that the fact
that the group i work in did not appear anywhere in the list of choices
to indicate what part of the company my responses are from and, well,
makes me wonder just how valuable some of the responses were...
da ve
|
92.2023 | ran out of room!!! | JUPITR::OCONNORS | | Mon May 02 1994 14:43 | 6 |
|
RE: -1
there wasn't enough space available in the comments section....;-)
Sean
|
92.2024 | my ans: 1 (nope!) | BIODTL::JC | Gimmie a shorty! | Mon May 02 1994 17:34 | 3 |
| So, let me ask, how'd you answer the qwuestion that said something like "do
you think your mgmt will use the results of this survey to improve the
situation?"
|
92.2025 | | CXDOCS::BARNES | | Mon May 02 1994 19:16 | 1 |
| fat f*cking chance
|
92.2026 | KO... a cool dude... | BIODTL::JC | Gimmie a shorty! | Tue May 03 1994 00:32 | 7 |
| As far as values going down, it is true...
KO had some mighty strong values w.r.t. to humanity. that's why he
didn't ever have a layoff. he couldn't bring himself to liberate someone
from their livelihood. i think that's one reason why he just left...
i really admire KO for one to hold the value of dignity/humanity higher
than that of money. only a few in this world are like that.
|
92.2027 | 2 sides of KO | BIGQ::DCLARK | Good Gali Miss Mali | Tue May 03 1994 13:38 | 6 |
| re .-1
It's also KO's fault that we have 3 times as many managers as
we need and a corporate culture which neither punishes the
screw-ups nor rewards the visionaries. KO trusted everyone else
to be as scrupulous as him ... big mistake.
|
92.2028 | | E::EVANS | | Tue May 03 1994 15:26 | 8 |
|
So do you prefer the average Palmer year or the average KO year?
The Digital of today is do different from what it was even
5 years ago. I fear we have lost some of the best of the old
Digital and unintentionally kept some of the worse aspects.
Jim
|
92.2029 | I'm probably naive | ECRU::CLARK | Chairman of the Bored | Tue May 03 1994 15:46 | 6 |
| I think that eventually, KO would've seen the need for layoffs, and he
would've at least done them intelligently and as humanely as possible
(vs. "surprise! slash and burn!"). As it is now, I see plenty of good
workers getting laid-off while solitaire-players complain in notesfiles about
having nothing to do, and then meanwhile we've got full-page ads in the
help wanted section. Something doesn't seem right.
|
92.2030 | we couldn't afford KO and his way anymore... :^( | LUDWIG::DWEST | each has it's own moment... | Tue May 03 1994 16:32 | 23 |
| re .2029
well DC, i certainly wouldn't call you naive, :^), but i don't really
agree that KO would have handled the layoffs in a more intelligent
or humane manner... in fact if anything i think the process would have
proven longer and more painful under KO for the simple reason that
he would have postponed them as long as possible (which we obviously
cannot and could not afford) adn his friends would have had even less
enthusiasm for doing what had to be done than he did himself...
i don't think that we've done the best job we could in this area, but no
matter how it's done it's going to be painful and i doubt KO would
have fared much better (though due to his image over the years he may
not have suffered the same loss of respect and vilification that BP
and co have)...
and regarding the earlier question about would i prefer a KO year or a
Palmer year, a PALMER year NO QUESTION... while i have great respect
for KO, change had to happen... we simply could not afford to wait
any longer for him to act and he was pretty much refusing to take
the medicine needed to cure our ills...
da ve
|
92.2031 | no contest | BIGQ::DCLARK | Good Gali Miss Mali | Tue May 03 1994 16:51 | 2 |
| I think I would prefer a KO year, say Mid-1986 to mid-1987, when
the stock was going ballistic and I had money to throw around :-)
|
92.2032 | | BIODTL::JC | Gimmie a shorty! | Tue May 03 1994 17:38 | 15 |
| re <<< Note 92.2028 by E::EVANS >>>
>So do you prefer the average Palmer year or the average KO year?
>The Digital of today is do different from what it was even
>5 years ago. I fear we have lost some of the best of the old
>Digital and unintentionally kept some of the worse aspects.
... and gone are the days of 700% markup on hardware!
the business paradigm has changed and we need to change with
it, otherwise, we SINK!
|
92.2033 | | AKOCOA::SMITH_D | simple twist of fate | Tue May 03 1994 17:55 | 6 |
|
Oh how I wish there was a 700% markup on hardware now!!!!!!!
We need something new and different!
|
92.2034 | simple problem, ugly solution | SUBPAC::MAGGARD | Integrate! | Tue May 03 1994 19:18 | 51 |
| re: 92.2029 by ECRU::CLARK
> As it is now, I see plenty of good workers getting laid-off while
> solitaire-players complain in notesfiles about having nothing to do, and
> then meanwhile we've got full-page ads in the help wanted section.
> Something doesn't seem right.
As a corporation, we need to get out of businesses that are losing $$$, and
grow in business that are making $$$. (Duh.) If that means Digital must lay
off workers from some and hire more for others, then I see no problem with
that.
re: problems with Digital in general
This corporation does many different things in many different markets.
Unfortunately, the lack of performance of the businesses in the poor markets
(SCO, Systems, etc.) is really cramping the prospects for the businesses in
the growing markets (Storage, PCs, etc.).
Digital (corporate) must become a parent company, with lots of little
independent businesses; or they should fold, closing what they can't sell.
It's a textbook case-study for any 1st year Business School student --
the corporate structure MUST follow the corporate strategy. Our markets have
evolved and changed drastically in the last few years, and our strategy must
be adapted to maximize our profits in these new/changing markets. Our current
structure does not allow for rapid change in business strategy. The current
performance of my business, Semiconductor Operations (SCO), is a good example
of why Digital's current structure is bad. It's killing SCO... ...last year,
we about 2% on sales/marketing. That number is going to be about 10% in FY95
or FY96... which is more in line with other chip makers, but probably still
not enough for a 'small' chip maker like SCO trying to grow a market for a
new, proprietary product. Digital (corporate) squandered away our 15 month
lead in high performance RISC CPU's because they skimped on the marketing and
software support (assuming that good press would do all the marketing; and
getting blinded by the defunct 'build it and they will come' philosophy... ).
For Digital as a corporation, it's time to ditch the losers and go with the
winners, and to give those winners complete independence (i.e. their own sales
force, marketing, engineering, etc.) to match their financial responsibility.
The upper management of this company is most likely not ignorant of these
relatively simple 'buniness needs.' (If they are ignorant, then heaven help
us all!) I therefore assume that they are unwilling to make the necessary
changes because of the 'layoff problem.'
The longer they take to _truly_ reorganize this company into a structure that
will work for the necessary business stragety, the worse off this company will
be. If they don't act soon (i.e. in 6-18 months), this company is doomed.
- jeff_O.B.-Alchemist_at_large_:-)
|
92.2035 | maybe so, maybe not...;-) | NAC::TRAMP::GRADY | Short arms, and deep pockets... | Tue May 03 1994 19:30 | 26 |
| One of the problems is that the market is no longer as predictable as
it used to be in the longer term - I.e. more than a year or so. This
is not a matter of being fickle, so much as a matter of the technology
itself. New chip/cpu designs that once had a life cycle of five years,
now have a life cycle of less than 18 months - no wonder it's so
difficult to predict two years forward. Faster turnover in chip
designs leads toward a quickening in the evolution of the technology as
a whole - look at stuff like ATM, Frame Relay, etc., or the cheap, low
cost storage devices available -- it's a cascading affect.
We're already kicking butt in the chip technology area.
Much of the success of some of our competitors has been due to a.) dumb
luck, being at the right place at the right time, b.) being flexible
enough to change quickly, and c.) being big and stable enough to
persevere. HP was in the toilet five years ago - but came back. So
was Wang, but didn't. Apple just took a big hit..why? Change in
technology to the PowerPC, perhaps?
All we've had going for us for the past three years is c.) I don't
think we need something new and different as much as we need some more
of a.) and b.) Technologically speaking, we're already in place. In
management and marketing, well, see a.) and b.)
tim
|
92.2036 | | ECRU::CLARK | Chairman of the Bored | Tue May 03 1994 19:42 | 25 |
| re <<< Note 92.2034 by SUBPAC::MAGGARD "Integrate!" >>>
-< simple problem, ugly solution >-
>> As it is now, I see plenty of good workers getting laid-off while
>> solitaire-players complain in notesfiles about having nothing to do, and
>> then meanwhile we've got full-page ads in the help wanted section.
>> Something doesn't seem right.
>
>As a corporation, we need to get out of businesses that are losing $$$, and
>grow in business that are making $$$. (Duh.) If that means Digital must lay
>off workers from some and hire more for others, then I see no problem with
>that.
I agree, but but but ... am I naive to wish there was some process in place
by which the skills of people marked for lay-off could be assessed, and maybe
some of those people could be given the jobs for which we're hiring?
I mean, I know of plenty of people who've been laid-off because their
*project* was cancelled ... do you throw out a computer because you don't feel
like running All-In-1 (or whatever ;^) anymore?
I admit I know nothing about the politics ... these are just scattered thoughts
from a confused engineer. ;^)
- dc
|
92.2037 | nice idea but not always practical... | STRATA::DWEST | each has it's own moment... | Tue May 03 1994 19:56 | 16 |
| using SCO and some of it's sub-groups as an example again, there are
some places in the company where businesses are working to retain
and retrain some of it's skilled folks... managers around here
are loathe to let go of people whose growth they've fostered and
invested in for many years... if people want to take on new
responsibilities they are often helped to find new ways that they can
use thier existing knowledge to support the business they've been a
part of for a long time...
unfortunately, many of the jobs we are hiring for outside are not good
candidates for re-training and re-allocation of human resources...
fer instance, a TFSO'd experienced software engineer from ZKO who makes
anywhere from 30K on up is not a very good candidate for one of the
100 or so wafer fabrication technician positions paying $8.00/hr...
da ve
|
92.2038 | salary, that's another matter | ECRU::CLARK | Chairman of the Bored | Tue May 03 1994 20:10 | 3 |
| But da ve ... when you see an ad for three software engineers in the paper,
and hundreds or thousands of sw eng are getting laid off ... isn't it a good
bet that one of those hundreds or thousands could do one of those jobs?
|
92.2039 | | SUBPAC::MAGGARD | Integrate! | Tue May 03 1994 20:44 | 38 |
| re: .2035 by NAC::TRAMP::GRADY
> Apple just took a big hit..why? Change in technology to the PowerPC,
> perhaps?
While the PowerPC shift most likely delayed some sales (which perhaps are now
being seen as the unexpected high demand for Power-PC systems), that's not the
root cause of their lower earnings, IMO. Falling margins on current products
and a corporate structure that's too fat (too much overhead) are the two big
reasons -- the same thing got us in Q3FY94, and in all the other quarters
since Q*199*.
Apple makes their computers with lower volume components vs. the PC biz --
it's hard to keep the price/performance marks up with the competition when
you're asking for and making only 100,000 units vs. their 1,000,000+.
Margins for competitive PC makers run ~20%. That's low! The only thing
that's lower is gasoline, I think. Smiles come at 0% margin, though ... 'cuz
they're free! :-)
Wasn't Lucente all-too-recently selling our Alpha workstations for a measly
40% margin?? And promising that he would double Q3 earnings (and getting only
a 66% increase, a _big_ difference)???
re: .2038
> ... when you see an ad for three software engineers in the paper,
> and hundreds or thousands of sw eng are getting laid off ... isn't it a good
> bet that one of those hundreds or thousands could do one of those jobs?
Yup... But perhaps they're trying to avoid hiring just (or just about to be)
TFSO'd employees with bad morale and negative attitudes toward Digital,
looking rather for bright eyes and bushy tails for a growing DECmini-business.
Kinda harsh from the TFSO-ee's standpoint, but it makes a bit of sense from
the DECmini-business' standpoint.
- jeff
|
92.2040 | my heart agrees with you but... | STRATA::DWEST | each has it's own moment... | Tue May 03 1994 20:47 | 21 |
| yes it is a good bet that one of them could fill those jobs...
my question though, would then become, did the TFSO folks know they
were getting the package? most seem to have some advance notice or
warning... if they knew they were going to get the boot, did they
apply for these jobs?
yes, a retraining operation inside the company would be a nice thing to
do, but i have my doubts about it's wisdom given that it would
undoubtedly require resources, training and $$$$ that we apprently
don't have or are unwilling to pay for...
imho it's kinda late now to be trying to relocate some of these
folks into other jobs or looking for some sort of progrm from the
company that would require resources, human and otherwise, to implement...
it's gotten to where we can't afford much of anything anymore... the
economics are driving EVERYTHING now... a kinder gentler corporation of
yesterday is fighting for it's survival now...
i know this is a-typical for me to take this stance and the idealist in
me agrees with the attitude you are espousing but the cold hard
realities or business have stolen the show these days...
|
92.2041 | and executive washrooms, and limos, and and ... | ECRU::CLARK | Chairman of the Bored | Tue May 03 1994 20:50 | 5 |
| I know what you're saying da ve ... I certainly don't expect the company
to do anything other than whatever makes the most sense financially. Though
I do question the need for so many VPs making huge salaries, and our CEO
getting a 20% raise in the midst of all these layoffs ... I mean, morale
must mean *something*, right? Sigh ...
|
92.2042 | What is real... | CARROL::YOUNG | where is this place in space??? | Wed May 04 1994 08:54 | 4 |
| ...and who's to say those software engineers that are so 'bright eyed
and bushy tailed' aren't laid off IBM, Wang or Prime employees with
hardened scepticism for this great system we call 'reality'....
|
92.2043 | bright eyed??? BUSHY tail??? Optimistic? Hey, 1 out of 3 ain't bad ;-) | QUARRY::petert | rigidly defined areas of doubt and uncertainty | Wed May 04 1994 15:46 | 33 |
| > ...and who's to say those software engineers that are so 'bright eyed
> and bushy tailed' aren't laid off IBM, Wang or Prime employees with
> hardened scepticism for this great system we call 'reality'....
Well, as someone who was hired from outside about two years ago, and
worked at both Prime and Stardent (another failed company, though fairly
small), I've got a view on all this ;-)
I like it here! I like what I'm doing (OSF/1 work on Alpha's). I want
to stay here a while. I don't know anytimes here at DEC that were
"hayday" and weren't "watch your butt" times. That's the industry
today folks! It's not just DEC! It's interesting to catch the feel
of "it's just not like it was back when" but, I wasn't around back
then. I was with another company that was floundering and failing
and I was trying to ignore those things and get on with my work.
If there's one thing I can bring with me from those times, it's that
things look brighter here on the darkest days then they used to at
Prime. Digital was slow to get into it, but they did finally bite
the workstation bullet. Alpha has had some problems gaining acceptance
and it still needs a bit of tuning here and there and sometimes
HP can kick our butt in benchmarks, but I think, in the long run,
we've got a superior chip, and when the other makers finally jump on
the 64bit bandwagon, we'll be the experienced ones.
So I'm sorry to see people go, and saddened when it's not of their
own choosing, but I hope to be around for a while longer, as I
think things will eventually get better, and for now, I've got
a heck of a lot of work to do. Anybody out there want to do some
dbx work? or C front end? We may have some openings... (depending
on hiring freezes, of course).
PeterT
|
92.2044 | the well is dry | SLOHAN::FIELDS | Strange Brew | Fri May 13 1994 17:56 | 89 |
| Subj: fyi - DIGITALS wallet is closed.
From: SHRMTS::SHRMTS::MRGATE::"MROMTS::SALES::A1::MULLARKEY.VIN" 13-MAY-1994 13:29
To: @Distribution_List
CC:
Subj: Q4 COST ACTIONS 1
From: NAME: Vin Mullarkey @MLO
FUNC: Corporate Finance
TEL: <MULLARKEY.VIN AT A1 at SALES at MRO>
To: See Below
TO: DIGITAL MANAGEMENT
In an effort to improve upon the most recent financial forecasts all
units of the company have been directed to take additional steps to
reduce spending this quarter. Accordingly, the Senior Leadership
Team has approved the following actions:
o Stop expenditures on external consultants.
- Stop new and cancel existing purchase orders for external
consultants except where they are involved in the delivery of
services for which there is an existing revenue contract or
to meet legal obligations.
o Stop both domestic and international travel, not in direct support
of Q4 product orders or services contracts.
- Cancel travel unless related to direct customer activity.
o Stop all off-site meetings.
o Freeze capital spending.
- Defer all categories of capital spending including internal
equipment (i.e., IEG).
o Stop external employee training.
- Cancel and defer these activities except approved degree
tuition reimbursement programs.
o Defer all purchases of office supplies (including software
purchases).
In addition to the above actions, the Senior Leadership Team has
decided to suspend the matching of employee charitable contributions.
Purchasing managers have been instructed to cancel existing purchase
orders by Friday, May 20 unless an exception has been approved by your
respective Senior Leadership Team member and the Corporate
Controller's office. Requests for exceptions should include explicit
business justifications. Please work with your respective Finance and
Purchasing managers to ensure these actions are immediately
implemented. Compliance will be closely monitored. Additional actions
are currently being discussed and will be communicated shortly.
Distribution:
You received this message because you are a U.S. Cost Center Manager,
U.S. Manager or you selected an APA/Europe manager job function or
APA/Europe Acquisition job function in Readers Choice. To update your
job function or other information selections, access Readers Choice
using VTX keyword PROFILE.
For Canadian subscribers at your ACCESS main menu, select option #10 for
News/Information Service and then Option #7 for Readers Choice."
If you have questions, please send mail to Readers Choice @MRO or
SALES::READERCHOICE.
UNIX Users:
- to send VAXmail: READERCHOICE@SALES.enet.dec.com
- to send ALL-IN-1: READERS.CHOICE@MRO.mts.dec.com
To Distribution List:
(list deleted by me, to save money :')
|
92.2045 | yeah, right | ECRU::CLARK | Chairman of the Bored | Fri May 13 1994 20:54 | 6 |
| > -< the well is dry >-
>
>Subj: fyi - DIGITALS wallet is closed.
Then I guess we can expect no more 20% raises on the part of upper
management ...
|
92.2046 | dec stock | MKOTS3::ROBERTS_CR | the evening sky grew dark | Mon May 16 1994 15:42 | 10 |
|
Is this where we discuss the advantages and disadvantages of selling
digital stock wiith 24-72 hours after purchase? I need your input
on whether its a smart thing to do (sell soon after the employee buy).
also - did I hear somewhere that the ESOP is going to end in Dec 1994?
carol_stock_maven
|
92.2047 | | BIODTL::JC | Gimmie a shorty! | Mon May 16 1994 16:55 | 18 |
| re <<< Note 92.2046 by MKOTS3::ROBERTS_CR "the evening sky grew dark" >>>
-< dec stock >-
> Is this where we discuss the advantages and disadvantages of selling
> digital stock wiith 24-72 hours after purchase?
remember, this is grateful, so any topic will do! :-)
>I need your input
> on whether its a smart thing to do (sell soon after the employee buy).
well, i think you'll hear opinions on both sides. usually, on ESPP day, it
drops due to the large # sell orders generated by people at DEC wishing to
sell. some will say that it drops, then, later, comes back up. some will
say that it drops, and doesn't come back for a while. if you wait
even one minute, you just changed your risk to very high. keep that
in mind.
|
92.2048 | options plan to end 12/94 | SUBPAC::MAGGARD | Integrate! | Mon May 16 1994 18:02 | 10 |
| > did I hear somewhere that the ESOP is going to end in Dec 1994?
>
> carol_stock_maven
Depending on how you interpret what's in VTX IS, the answer can be yes or no.
...the way I read it, it's a 'yes'. Note: this is the ESOP (stock OPTIONS),
*not* the ESPP (stock purchase plan). There is NO MENTION in VTX IS of an end
date for the ESPP.
- jeff
|
92.2049 | | ROADKL::INGALLS | may the four winds blow you home again | Mon May 16 1994 18:38 | 21 |
| Here's what's on VTX IS...
FOR PURCHASING:
For purposes of this Plan the term 'average market price' means the
average of the high and low prices of the Common Stock of the Company on
the New York Stock Exchange or such other national securities exchange as
shall be designated by the Board of Directors.
FOR SELLING:
Your instruction to sell will be combined with those of other employees
which are received by the Company on the same day into larger sell orders.
If the broker or selling agent sells the total number of shares covered by
the sell orders at more than one price, all employees will be treated
equally and will receive the average price per share for all shares sold.
|
92.2050 | | TERAPN::PHYLLIS | a rare and different tune | Tue May 17 1994 18:41 | 6 |
|
Phyllis' two cents:
SELL on June 1st.
|
92.2051 | | AKOCOA::SMITH_D | simple twist of fate | Tue May 17 1994 18:54 | 4 |
|
Good 2 cents Phyllis!!!!
I'll be doing the same myself.
|
92.2052 | | MONTOR::HANNAN | Beyond description... | Tue May 17 1994 19:09 | 1 |
| Makes cents to me Phyllis! ;-)
|
92.2053 | What Phyllis sez! | SUBPAC::MAGGARD | Integrate! | Tue May 17 1994 20:40 | 9 |
92.2054 | | BIODTL::JC | Gimmie a shorty! | Tue May 17 1994 22:18 | 2 |
| I have my order queued to sell.
anyone gonna short dec on 1-jun?
|
92.2055 | | LTSLAB::IDE | My mind's lost in a household fog. | Wed May 18 1994 11:52 | 5 |
| I think the real question is whether or not to sell before the Q4/FY94
results come out. I think we'll show a operating profit for the
quarter, but that could be wholly wiped out by restructuring charges.
Jamie
|
92.2056 | | AKOCOA::SMITH_D | simple twist of fate | Wed May 18 1994 12:31 | 2 |
|
Sickly, Wall Street will probably react favorably to any cuts.
|
92.2057 | | GRANPA::TDAVIS | | Wed May 18 1994 12:57 | 2 |
| How does go about setting this up, so the stock sells automaticly
on 6/1/94?
|
92.2058 | | AKOCOA::SMITH_D | simple twist of fate | Wed May 18 1994 13:07 | 4 |
|
VTX IS
It's under the section called commonly asked questions! ;-)
|
92.2059 | | SUBPAC::MAGGARD | Integrate! | Wed May 18 1994 14:23 | 9 |
|
...read carefully...
The way it's set up you have to tell it "all" under the 'how many shares to
sell?' line, but make sure you also supply the purchase date 01-JUN-1994 so it
knows to sell only the shares from the June 1st purchase. Otherwise you could
be in for an unpleasant surprise!
- jeff
|
92.2060 | | MKOTS3::ROBERTS_CR | the evening sky grew dark | Wed May 18 1994 17:09 | 5 |
| but you can tell it to sell 3/4 of your stash, right? one more
question...on that form in VTX IS, do you have to fill in a purchase
price ... cuz - like we don't know what that is, right?
|
92.2061 | | SUBPAC::MAGGARD | Integrate! | Wed May 18 1994 18:22 | 20 |
| > but you can tell it to sell 3/4 of your stash, right?
I think so, but you might have to guestimate a number of shares based on what
you have in your ESPP account and what you expect the trading price to be.
I'm not sure that the VTX IS sell function will accept fractions of 'All'.
> one more question...on that form in VTX IS, do you have to fill in a
> purchase price ... cuz - like we don't know what that is, right?
If you're selling stock for the purchase date of 1-jun-94, then yes, leave it
blank. It's a double-check to make sure if you're selling pre-bought shares
that IS sells only the ones you want them to sell. This should be mentioned
in the directions somewhere...
- jeff
|
92.2062 | | ROCK::FROMM | This space intentionally left blank. | Wed May 18 1994 19:24 | 4 |
| so jeff, let me guess, you're not holding on to your bargain investment in
DEC stock?
- rich
|
92.2063 | Hey Hey we're the BATF and we ain't monkeying around | SALES::GKELLER | An armed society is a polite society - RH | Mon May 23 1994 15:17 | 87 |
| From: CRL::"interest@Mainstream.com" "MAIL-11 Daemon" 20-MAY-1994 19:11:08.59
To: Multiple recipients of list <interest@mainstream.com>
CC:
Subj: Needs to be checked out: BATFascists Strike Again - talk.politics.guns #122736
In article <2rj22k$dic@nkosi.well.com>, mqube@well.sf.ca.us (Michael M. Mashburn) writes:
- Area: PR_NET---------------------------------------------------------
Msg#: 65 Date: 05-17-94 17:20
From: Diane Aguilera Read: Yes Replied: No
To: All Mark:
Subj: Ron Miller Vs BATF
-----------------------------------------------------------------------
-=> Quoting Diane Aguilera to All <=-
Report: this is from the original sources
FFL dealer persecuted by political foes with the contrivance of BATF
ON April 29, 1994 at 1:50 PM the BATF raided the Slidelle Louisiana
home of Ron and Elaine Miller. They kicked down the doors, used a
torch on the floors of the house and distroyed a family vehicle in the
search for weapons. They then left takeing every weapon in the house
including a knife collection.
It seems that Ron upset the local powers that be by announcing this
winter that he intended to run for Chief of Police of the small town
of Pearl River, LA. Immediatly after making his intentions public he
and his family have been the target of harassing phone calls and
attempts to intemidate. He was told if he didn't back off the run for
Chief, he would be hurt.
The threating phone calls increased in intensity until the BATF raid.
They made several mistakes including not bothering to have the search
warrant signed before they broke down Mr Miller's door.
Not being one to give into intimidation, Ron Miller and his wife
contacted constitutional law attorney, Michael Connolly, 5917 Jones
Creek Road, Baton Rouge, LA 70817 - (504) 753-3286. to represent them
in a civil suit against the BATF and the "informer" (the informer is
alleged to be a close political cronie of the current chief of police
of Pearl River).
Since contacting Mr Connolly and retaining him, they have been getting
ever increasing threats directed against Mr Miller and more
specifically against his wife and children. Today at 11 AM the BATF
paid another visit. This time they had a warrant for Mr Miller's
arrest - charging him with 3 counts of illegal weapons possession.
NONE - of the firearms removed from Mr. Miller's residense were full
auto weapons when they left the premisis according to Mr Miller and the
inventory that he had.
They need money to pay for bail, filing petitions, warants, etc. Ron
& Elaine Miller are average working people and do not have the funds to
prosecute this case. They need our help. We cannot afford to allow
this type of Gestapo Tactics to be unpunished in this country.
Anyone wishing more information can contact Mike Connolly - (504)
753-2286. He is on the board of directors for the 2nd Ammendment
Foundation and I have been in contact with the NRA civil defense fund.
However they need immediate help to avoid being railroaded by Janet
Reno and Her Storm Troopers.
Now is the time to PUT UP OR SHUT UP.
Leroy and Harry know what it is like to be a cop on the wrong side of
the brass hats - this is the same type of problem multiplied by the
factor of political corruption.
* PR_Net: 2dn Ammendment BBS NOLA ~ 504-737-3906
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|
92.2064 | Here it comes... | NECSC::LEVY | A song that's born to soar the sky | Tue May 24 1994 15:23 | 13 |
| The word I've heard is that the US CSCs (sites in CXO3, ALF, and SHR3) will
be "contributing" about 100 people to the TFSO coming up any minute.
I also just heard that they've tapped 10 folks from the Ultrix support team.
Sigh.
Too bad this is happening *before* the SLT has figured out what businesses
we will stay in and what we will abandon.
Duck and cover.
dave
|
92.2065 | | SLOHAN::FIELDS | Strange Brew | Tue May 24 1994 15:30 | 6 |
| I do know that a few people here in SHR1 were told last week that today
was their last day....Im not sure who they worked for....
best of luck to all
Chris
|
92.2066 | i know a few here... | LUDWIG::DWEST | each has it's own moment... | Tue May 24 1994 16:56 | 5 |
| people over this way were told on friday if they were "at risk"...
i had a vacation day friday... :^)
da ve
|
92.2067 | | BIODTL::JC | Gimmie a shorty! | Wed May 25 1994 13:20 | 3 |
| our group, supposidly, wno't be touched. too bad, i could use the vacation/$
|
92.2068 | voluntary downsizing would be a lot more positive | AKOCOA::SMITH_D | simple twist of fate | Wed May 25 1994 14:28 | 16 |
|
I met with our Personnell Rep. last week in hopes that I
could get the boot.
Doesn't look as though my chances are too good.
I guess the criteria for our downsizing is:
1) Is the work going away?
2) How were the last 2 perf. reviews?
3) if it goes to this level; years of service is the tie-breaker
I really think Digital would be wise to conduct in another voluntary
downsizing.....I think the results would be surprising positive in
their attempts to reduce.
|
92.2069 | and, yes, my management has been notified... | QUARRY::petert | rigidly defined areas of doubt and uncertainty | Wed May 25 1994 15:42 | 7 |
| > 2) How were the last 2 perf. reviews?
Perf. Review? Like in Performance review? What's that? Been here over two
years now, and still haven't seen one. In fact, if you take previous
jobs into account, I haven't had one since 1990 or so.
PeterT
|
92.2070 | | BIODTL::JC | Gimmie a shorty! | Wed May 25 1994 18:43 | 11 |
| re<<< Note 92.2069 by QUARRY::petert "rigidly defined areas of doubt and uncertainty" >>>
-< and, yes, my management has been notified... >-
>Perf. Review? Like in Performance review? What's that? Been here over two
>years now, and still haven't seen one. In fact, if you take previous
>jobs into account, I haven't had one since 1990 or so.
my advice to you is to have one written for you. i always make sure i get
my yearly perf. review...
|
92.2071 | | TOOK::PECKAR | sleep tight | Thu May 26 1994 15:14 | 9 |
| It's not likely there's going to be another voluntary layoff. I was talking
with a high-ranking personell person and he said that attrition is the best
thing for DEC next to big sales. folks who quit get counted in org's
downsize numbers, don't have to be paid packages, don't have to be covered
for unemployment insurance, and are less likely to sue digital. Same thing
goes for SERP-type policies. He also said policies have been changing so
fast at high levels that nobody knows what's going to change from one day
to the next, so, ya just never know. Bottom line is, that today, there is
no way you can volunteer to be layed off.
|
92.2072 | | BIODTL::JC | Gimmie a shorty! | Thu May 26 1994 16:07 | 1 |
| if i could volunteer, i wouldf at this point.
|
92.2073 | | TOOK::PECKAR | sleep tight | Thu May 26 1994 19:35 | 4 |
|
Me too. Hey, check this out: I just got a promotion and a decent raise!
Imagine that.
|
92.2074 | | ROCK::FROMM | This space intentionally left blank. | Thu May 26 1994 20:14 | 6 |
| >Me too. Hey, check this out: I just got a promotion and a decent raise!
well fog, if you really don't want your raise, i'd be happy to take it off
of your hands... ;^)
- rich-who-will-be-REALLY-pissed-if-palmer-gets-another-20%-raise-this-year
|
92.2075 | | BIODTL::JC | Gimmie a shorty! | Fri May 27 1994 21:05 | 6 |
| congrats fog!!!!!!
here's to hopin' i'll get a promo and a raise in sept..... we'll see....
|
92.2076 | Digital closed please call back... | SALES::GKELLER | An armed society is a polite society - RH | Wed Jun 01 1994 20:05 | 8 |
| >The latest rumor around the company...
It will supposedly be announced on LiveWire this afternoon that Digital
will be closing for the weeks of July 4th and Christmas. This is a semi-
substantiated rumor, stay tuned to livewire or your favorite rumor hangout
for the most up-to-the-minute information
Geoff
|
92.2077 | | ECRU::CLARK | Chairman of the Bored | Wed Jun 01 1994 20:27 | 3 |
| "Wait a minute! They lied to us! These aren't careers! These are
jobs!" -Arlo
|
92.2078 | | BIODTL::JC | positive vibration | Thu Jun 02 1994 13:08 | 8 |
| re: geoff
will this be a paid closure or a furlough?
re: ESPP
what was the buy price?
|
92.2079 | $19 ?? | MKOTS3::JOLLIMORE | Heavy clouds: no rain | Thu Jun 02 1994 13:17 | 0 |
92.2080 | doubt it | SMURF::HAPGOOD | Java Java HEY! | Thu Jun 02 1994 14:38 | 14 |
| <<< Note 92.2078 by BIODTL::JC "positive vibration" >>>
>will this be a paid closure or a furlough?
JC, why would they do this if they intended to pay you ???? That'd be
like saying "we are making millions so here pal take a couple weeks off
with pay" :) :)
It's a money saving thing when done by other companies....(both utilities and
salary). I doubt it'll happen as there's just too much going on and for them
to say "non-critical and non-essential only. all others come in as usual"
will not realize the savings they would be looking for when a decision to
implement this was first thought out....
bob
|
92.2081 | Lost at DEC: 10 Years, 7 Months, 30 days | ECRU::CLARK | Chairman of the Bored | Thu Jun 02 1994 14:44 | 5 |
| I assume that folks will need to take vacation time if they want $.
Nothing in Livewire that I could see. But then again, why would I care? ;^)
- DCmarkedMan
|
92.2082 | Shot me now, PLEASE !!!! | SLOHAN::FIELDS | Strange Brew | Thu Jun 02 1994 14:58 | 8 |
| why would they tell us to take a week off around July 4th when it falls
on a monday ? now if it fell on like Wednesday I could see that !
and Christmas is on a Sunday this year...
for me these rumors need to stop, it wastes to much energy ! lots of
chicken littles running around my office ! :')
Chris
|
92.2083 | | TERAPN::PHYLLIS | a rare and different tune | Thu Jun 02 1994 16:21 | 7 |
|
buy was $19
sell was $21.271 (for those who sold immediately on 6/1)
% gain around 11.something I think.. didn't do the math..
|
92.2084 | | ROADKL::INGALLS | may the four winds blow you home again | Thu Jun 02 1994 16:37 | 10 |
| >> % gain around 11.something I think.. didn't do the math..
11.95 % gain
did the direct deposit thing too -- gotta check to see if it's showed up yet
glennnn
|
92.2085 | | TERAPN::PHYLLIS | a rare and different tune | Thu Jun 02 1994 16:56 | 5 |
|
It's not there yet - you just sold yesterday! The money should be
there on the 8th (for direct deposit folks)
|
92.2086 | wage and salary freeze | ROCK::FROMM | This space intentionally left blank. | Thu Jun 02 1994 18:20 | 57 |
| <from LIVEWIRE>
Digital announces immediate wage and salary freeze
Digital management has decided to implement an immediate freeze
in base wages and salaries as part of the effort to reduce costs and
return the company to profitability, according to Richard M. Farrahar,
vice president, Human Resources. Performance-based incentive plans
currently in place are not affected.
"Digital is at a critical stage of our turnaround. We are
examining every aspect of our business with a determination to focus
on long-term success and hold costs in check to assure operational
flexibility," Farrahar said.
He explained that management had examined payroll, one of
Digital's largest fixed costs, and after careful consideration,
concluded a freeze was necessary. The freeze applies to payroll
worldwide, unless prohibited by law or other binding legal obligations.
In countries where the freeze is prohibited, managers are required to
submit the same level of cost reduction by other means.
In outlining provisions of the freeze to senior managers,
Farrahar said, "It is important for employees to understand that this
is part of our overall effort to reduce costs and restore profitability.
We -- each and every one of us -- must continue to do the difficult
things necessary to get Digital back to profitability as quickly as
possible. Our shareholders expect it, our customers want it and I am
confident that our employees will understand the necessity."
Consistent with Digital's "pay for performance" philosophy,
however, performance-based incentive plans will continue where they are
currently in place. These include sales incentives, organizational and
country success sharing programs, annual performance-based incentive
programs and the stock option program.
In addition, funding has been increased for the FY94 Top Performer
and FY94 Employee Recognition programs "to provide more financial reward
opportunities for high-performing employees at all levels."
Continuation or termination of the freeze will be determined by
Digital's future financial performance, Farrahar concluded.
FOR DIGITAL INTERNAL USE ONLY
|
92.2087 | | SSGV01::WHMPC::Strobel | bag it tag it | Thu Jun 02 1994 19:33 | 6 |
| swell timing for me, with my raise due this month. I guess I must have read
the article too quickly as I didn't see anything about exec pay cuts with
the difference made up in stock option (like they did at Sun) ;-)
|
92.2088 | | ECRU::CLARK | Chairman of the Bored | Thu Jun 02 1994 19:53 | 2 |
| Well, you know what happens if you don't give the Big Boys Upstairs their
raises ... some other company might STEAL them from us!! =8^O
|
92.2089 | | BIODTL::JC | positive vibration | Thu Jun 02 1994 21:49 | 13 |
|
re: salary freeze
stupid.
really stupid.
now, there is ZERO incentive for anyone to put in the
extra effort, at least that is the way i see it.
zero.
|
92.2090 | | ISLNDS::CONNORS_M | | Fri Jun 03 1994 12:57 | 6 |
|
incentive: how about still having a place to come to work
everyday. that's a lot of incentive for a lot
of people I know.
|
92.2091 | Depends on your motives... | NAC::TRAMP::GRADY | Into the night, an angel to be... | Fri Jun 03 1994 13:06 | 15 |
| I dunno, I'm probably a little offbase, but I really like what I do.
I don't do it for the money. If I couldn't make a living at it,
it would probably be my rather obsessive hobby...like sailing is
to Geoff, or debauchery is to rfb...;-) ;-)
It's a little disappointing, sure, I could use a raise...it's been
awhile (but I'll be damned if I can recall how long)...this latest
announcement really doesn't effect my motivation -- in fact, lately
I'm more motivated than ever.
Sigh.
This too shall pass.
tim
|
92.2092 | | 6214::FROMM | This space intentionally left blank. | Fri Jun 03 1994 13:32 | 4 |
| i'm much happier with an across the board freeze than with me getting diddly
squat and bob getting 20%
- rich
|
92.2093 | | SLOHAN::FIELDS | Strange Brew | Fri Jun 03 1994 14:02 | 10 |
| > Consistent with Digital's "pay for performance" philosophy,
>however, performance-based incentive plans will continue where they
>are currently in place. These include sales incentives, organizational
>and country success sharing programs, annual performance-based incentive
>programs and the stock option program.
somehow I still see that the upper managment has left the door open for
their increases, if Im reading this right !
Chris
|
92.2094 | Bummer! | TOOK::PECKAR | sleep tight | Fri Jun 03 1994 14:11 | 20 |
|
The raise I told you all about getting last week and was to show up in my
paycheck next week was affected by this freeze. :-(
This all happened when I was starting to actually feel better about working
here again. That raise was why, too.
You see, I went and interviewed at another company and started taking a
good hard look at what Digital had to offer over a small company. Sure,
we're in decline and the other company is doing real well, but there
simply is a hell of a lot of good things to say about working here.
I hadn't made my final decision yet as of this morning, but I was heavily
leaning towards staying at dec. Now I can't say that anymore.
I like my work like Tim, but Its also real important for me to be
recognized for my good work, and its been 18 months since that's happened.
I have a growing family to support, so its going to be a tough choice for
me.
|
92.2095 | Used to | MILKWY::HEADSL::SAMPSON | Driven by the wind | Fri Jun 03 1994 14:25 | 12 |
| I used to real, Im Mean this is some cool stuff, like my work. Sometimes
even now I really like my work. But that work I like so much is what I was
expecting to do when I got the position so many years ago. Give me a good
E-beam probe job and I'm happy to put in extra hours.
BUt that work isn't here any more. I have a job, I get a paycheck.
That's okay, I'm not throwing it away. But I'm not so happy and fascinated
with what I do now that it's just work. This is a lot closer to work I left
for this position. I'll do it, I'll do it well. BUt I'll look for something
better. I believe I can find it. Certainly worth a try.
Yes, I would rather be sailing
Geoff
|
92.2096 | | CXDOCS::BARNES | | Fri Jun 03 1994 14:37 | 4 |
| i would rather be debauchering......
rfb
|
92.2097 | | NAC::TRAMP::GRADY | Into the night, an angel to be... | Fri Jun 03 1994 14:51 | 1 |
| Sounds like a grate bumper sticker...;-)
|
92.2098 | Still good reasons for me.... | QUARRY::petert | rigidly defined areas of doubt and uncertainty | Fri Jun 03 1994 15:25 | 14 |
| Me, I like puzzles and figuring out things. And that's what my job is.
A constant challenge of figuring out what went wrong, and why this
thing isn't working, and why is it soooo frigging slow and how can
I make it better. I got a 10K raise shortly before my last company
folded (changed from support to engineering) and I was very pleased
and surprised. The move to Digital did NOT include any increase in
that, and I didn't mind at all. I've only had a 3% raise since then
(NOT based on performance, since they never reveiwed me, but fitting
within the company policy). The pleasure in it for me is not the
money (though it's nice to have) but in making things work, and maybe
staying a step or two ahead of the other guys. Ooops time to get back
to work again ;-)
PeterT
|
92.2099 | | BIODTL::JC | positive vibration | Fri Jun 03 1994 20:26 | 30 |
| re: incentive
MJ, you are right, a job is good enough incentive and some will not even
really care about salary freeze.
and, like tim and .-1 mentioned, some like their work enough such that
pay becomes a secondary issue.
and, like no one mentioned, some people feel themselves fairly compensated
and don't have any beef with the $ incentive program.
but, there are people like me, 28 yrs old, who can most likely go outside
dec, get a job at a company making money, and get a nice pay increase to
boot doing similar work. dec is known for not paying engineers to industry
std, matter of fact, they admit it to themselves by leveraging s/w engineers'
raises an extra 2% over everyone else. it is sort of like this: i'll give
you a new car for $10,000. you pick it: as 1975 beatup Impala or a 1994 ford
explorer. which would you choose?
so now, we have supposidely the best of the best in engineering.
all the non-performers are gone, if the plan worked the way it was intended.
the s/w job market is heating up.
there will be shortages, which will inflate the salaries.
dec will lose good engineers because other companies will pay 10-20 THOUSAND
more.
5k is good incentive.
10k is great incentive.
20k is a no-brainer.
|
92.2100 | your life is what you make of it... | QUARRY::petert | rigidly defined areas of doubt and uncertainty | Fri Jun 03 1994 21:04 | 10 |
| I feel "reasonably" compensated. But I could always use more money. I doubt
I would have taken a pay cut for this job, but then I've got wife, kids,
mortgage, etc to worry about too. And while I haven't gotten a performance
review, I've talked it over with my manager and he's indicated that
I'm doing great and he feels that he should be putting me up for a
promotion to Principal and get me kicked up to the next salary bracket,
as I'm kind of topping out the senior level now. Maybe it's just a
way of keeping me quiet, but what the hey, I'm easy....
PeterT
|
92.2101 | | AD::STEWART | | Mon Jun 06 1994 14:44 | 11 |
| > I'm doing great and he feels that he should be putting me up for a
> promotion to Principal and get me kicked up to the next salary bracket,
> as I'm kind of topping out the senior level now.
Like they did with me. Early last week my boss pulls me to the side
and tells me that I've been approved to be bumped up to a senior
layout designer and I should expect to see the $$ increase within
the next couple a weeks. Then the freeze come rolling in. Now they
say sure your still a senior but no more money. I just don't know
any more...........
Jim
|
92.2102 | better than nothing I suppose | NACAD::SIEGEL | The revolution wil not be televised | Mon Jun 06 1994 17:10 | 12 |
| re: <<< Note 92.2101 by AD::STEWART >>>
> Like they did with me. Early last week my boss pulls me to the side
> and tells me that I've been approved to be bumped up to a senior
> layout designer and I should expect to see the $$ increase within
> the next couple a weeks. Then the freeze come rolling in. Now they
> say sure your still a senior but no more money. I just don't know
> any more...........
Exactly what just happened to me....
:-(
|
92.2103 | | BIODTL::JC | positive vibration | Mon Jun 06 1994 17:30 | 11 |
| re<<< Note 92.2100 by QUARRY::petert "rigidly defined areas of doubt and uncertainty" >>>
-< your life is what you make of it... >-
>I'm doing great and he feels that he should be putting me up for a
>promotion to Principal and get me kicked up to the next salary bracket,
don't worry about being bumped to the next bracket. they made 'em sooo
wide that a s/w 2 could get promo'd 2 levels to a princ. with _no_ increase..
lots and lots of overlap!
|
92.2104 | Palmer Advises Clinton on the Deficit | SALES::GKELLER | Stop Global Whining | Tue Jun 14 1994 17:06 | 74 |
| < forwards deleted >
Subj: :-) Pres. Clinton learns from Bob Palmer
Subj: US not profitable, Palmer & Clinton talking...I'm moving to Canada!
Subj: U.S. to downsize!
Subj: :^) Imagine if the US govt was run like Digital.....
Forwards removed:
The May 16, 1994 issue of PC Week has an article titled: DEC to Consult
with Clinton about National Debt and Downsizing. Clinton sought out
DEC's Bob Palmer to learn about cutting costs and improving the
nation's "bottom line".
After private talks, Clinton called in his cabinet and set a new
direction for his national agenda. While there have been no
official announcements, the following proposals have leaked out:
Federal business units: status:
Armed forces Core business but to be reorg'd.
Self-managed teams to replace
current chain-of-command.
Supreme Court Chief Justice to be retained,
remaining positions to be filled
by contractors
Senate Could be sold. Duties to be
handled by a smaller "senior
leadership team".
House of Reps. To be downsized to about 24 members,
Will still pass laws but actual
writing of laws to be outsourced to
law firm in Arkansas.
Post Office Could be sold or spun off.
National headcount Must be cut by min. 20%. Clinton
would like to see a smaller, more
profitable US. TFSO package for
people to move to Europe and
Mexico.
National Health Care Clinton will contract with Canada
to add all remaining US citizens
to their system. Cost savings
anticipated due to prohibitive
travel distance from most of US
population.
Texas unlikely to be sold
Massachusetts Likely to be merged with other
New England states and then
"rightsized".
Florida, California No new development. Customers to
be migrated to Arkansas.
New York, New Jersey To be shut down. Talks already
underway with third party buyer
interested in creating a geriatric
center on these sites.
While unavailable for comment, rumors are rife that VP Al Gore may
soon leave to "pursue other interests." Speculation is that
Clinton would like to replace Gore with Hillary Clinton but
that his advisors see Chelsea as a more politically viable choice.
|
92.2105 | Stand up and be a family again!!! | CARROL::YOUNG | where is this place in space??? | Thu Jun 16 1994 13:16 | 76 |
92.2106 | | AKOCOA::SMITH_D | Anybody really know what time it is? | Thu Jun 16 1994 14:18 | 5 |
|
There's an article in the Globe this morning talking about Digital
selling off some segments.
Any Storage people out there care to comment on this?
|
92.2107 | | CXDOCS::BARNES | | Thu Jun 16 1994 17:13 | 5 |
| what's the rumor about storage in the Globe?? Rumors out here for two
weeks have been that "DEC storage MANUFACTURING has become a wholey
owned subsidiary of DEC called Avstor". this automatically helps with
the headcount reduction, or so I've heard...
rfb
|
92.2108 | | AKOCOA::SMITH_D | Anybody really know what time it is? | Thu Jun 16 1994 17:32 | 4 |
|
The Globe claims that bids have been made on Digital's Storage Group.
As well as a couple others.....Some software, and services
|
92.2109 | database systems on the block | NOVA::ZASTERA | | Thu Jun 16 1994 19:07 | 3 |
| Might as well mention that DEC is making serious efforts to sell my group
(database systems). That means RDB and DBMS and associated products.
Craig
|
92.2110 | RUMORS, RUMORS, RUMORS (Digital must like Fleetwood Mac also:-) | SALES::GKELLER | Stop Global Whining | Thu Jun 16 1994 20:25 | 16 |
| Rumors are Flying!!!
Latest that I've heard...
1) The board meeting today ended ina fist fight
2) Reported by CNN, Palmer has resigned
3) Palmer is going with Storage Business being sold to AT&T
4) O.J. Simpson committed Suicide
I cannot vouch for or verify any of these, just think it is amazing how
fast they spread...
Geoff
|
92.2111 | cnn says so, so it must be true... | ROCK::FROMM | This space intentionally left blank. | Thu Jun 16 1994 20:43 | 5 |
| >2) Reported by CNN, Palmer has resigned
didn't they report a couple of years ago that we were bought by Mitsubishi?
- rich
|
92.2112 | | BIODTL::JC | positive vibration | Thu Jun 16 1994 21:51 | 5 |
| I heard the CNN rumor too.
i called my broker and he said there was info on DEC at 442pm... but, by
the time i called, the info desk was closed...
let's hope for a push up in the stock price!
|
92.2113 | | LTSLAB::IDE | My mind's lost in a household fog. | Fri Jun 17 1994 13:07 | 12 |
| It's somewhat traditional for the CEO of a foundering company to tender
his/her resignation at every board meeting. It's up to the board to
decide whether or not to accept it.
I'd be real surprised if any of the board members could manage more
than a shoving match. BP definitely wouldn't, it might muss his hair.
Geez, now I'll have to dump my AT&T stock?? :-) Storage is heavily
rumored to be spun-off, not sold. I've heard the announcement will be
made on the 21st.
Jamie
|
92.2114 | | AKOCOA::SMITH_D | Anybody really know what time it is? | Fri Jun 17 1994 13:58 | 4 |
|
I've been told by someone who works in the area of B.P.'s office that
those rumours are not true.
|
92.2115 | think before you spread | TOOK::PECKAR | sleep tight | Fri Jun 17 1994 15:40 | 6 |
|
Please don't post rumors unless you have checked the source. Its easy: just
reply to the sender and ask who you can quote told you this thing and why
he would have this information. Its just not productive to pass on
unattributed info...
|
92.2116 | board meeting -> fist fight ??? (yeah, right...) | ROCK::FROMM | This space intentionally left blank. | Fri Jun 17 1994 15:43 | 6 |
| >Please don't post rumors unless you have checked the source.
i don't necessarily have a problem with someone passing along an
unsubstantiated rumor as long as it is qualified as such
- rich
|
92.2117 | an excellent career opportunity:-) | CASDOC::ROGERS | peripheral visionary | Fri Jun 17 1994 16:39 | 32 |
| From US Today, June 4, 1994
Day one in the hunt for the next emperor of ice cream drew more than
2,000 phone calls---but no applications.
Ben and Jerry's is running a contest to find a replacement for CEO Ben
Cohen. Cohen wants to focus on "fun stuff" such as new products.
He's launched an essay contest to find someone to "do all the hard
work" of CEO-ing. First prize: The job. Second prize: Membership in the
Ice Cream for Life Club ("Go for this one," the poster advertises,
"it's a better deal.") One hundred runner-up get T-shirts. Rejection
letters will be suitable for framing.
But if you're thinking that a 100-word essay doesn't sound like much
of a hurdle, remember that the job requires running a large business.
Ben and Jerry's and revenue last year of $143 million.
You might also want to know that Vermont, the site of Ben and Jerry's
headquarters, has an average snowfall of 202 inches a year.
How to apply:
Send an essay of 100 words titled, "Why I Would be a Great CEO for Ben
and Jerry's." Include the lid of a favorite Ben and Jerry's flavor and
your resume to:
Yo! I'm Your CEO!
c/o Ben & Jerry's
Box 240
Waterbury, VT 05676
|
92.2118 | Spinning Disks | PEAKS::LAWLOR | can't go back ... can't stand still | Fri Jun 17 1994 18:44 | 14 |
|
The talk here in Storage at CXO is that The disk business, will be
spun off as a wholly owned subsidiary called "Avastar". This is to be
done to separate the business from Digital for strategic and sales
purposes. They are apparently afraid of losing customers because of
all the stuff going on in the press and trade rags about Digital.
Since the main target of the disk business is the OEM market and long
term OEM committments it sounds reasonable to me.
It may also be an excersize to divide up storage for much less
complication in selling off the pieces. I hear that this move will
not affect Digital's headcount or anything like that.
TL
|
92.2119 | More on the European Protest... | CARROL::YOUNG | where is this place in space??? | Fri Jun 17 1994 18:48 | 49 |
92.2120 | | AKOCOA::SMITH_D | Anybody really know what time it is? | Tue Jun 21 1994 13:38 | 9 |
|
From Digital Today:
"In a message to senior managers last week, Digital president Robert
B. Palmer reported that the Board of Directors voiced unanimous support
for steps to return to profitability".
Ummmmm, errrrr, ummmmm, ahhhhh...shouldn't we have done this 2-3
years ago???????? I don't get it!
|
92.2121 | AVASTOR (was OEM Storage "The Disk & Tapes PCU") | SLOHAN::FIELDS | Strange Brew | Tue Jun 21 1994 15:51 | 124 |
| Subj: DIGITAL'S OEM STORAGE BUSINESS RENAMED AVASTOR
Press Release: June 21, 1994
Kay Ritter
AVASTOR
508/841-5961
Leslie Garvey/Janice Rosen
The Weber Group
617/661-7900
FOR IMMEDIATE RELEASE
DIGITAL'S OEM STORAGE BUSINESS RENAMED AVASTOR
Reinforces Leadership in Worldwide Storage Components Market
SHREWSBURY, MA -- June 21, 1994 -- Digital Equipment Corporation today
announced that to further emphasize its leadership in the storage components
industry, its OEM Storage Business has been renamed AVASTOR. The AVASTOR
identity positions the business to compete in worldwide markets with
independent storage providers. It also helps to further distinguish Digital's
storage components as the business aggressively expands its worldwide reseller
and distributor channels, while continuing its efforts with leading original
equipment manufacturers (OEMs). Digital also announced today the AVASTOR
Customer Resource Center, which will provide product information, technical
data, installation assistance and trouble-shooting for the Business' magnetic
disk, tape drive and solid state disk customers.
"Over the past year, Digital's storage components business increased new
customer revenues by 350% and more than doubled our disk drive marketshare*,
while expanding our global distributor and reseller partnerships from five to
33," said Jack Sharp, vice president of sales and marketing for Digital's
AVASTOR business. "The AVASTOR identity will enable us to continue enjoying
rapid growth by establishing a focused brand that helps us compete more
effectively with other vendors."
In a separate release today, Digital's AVASTOR business announced new
standards in computing performance with the new Capella Series of disk drives
specifically designed for the high-end desktop environment. The Series
features Digital's first industry-leading disk drive with magneto-resistive
(MR) head technology.
* Source: International Data Corporation
AVASTOR, which manufactures magnetic disks, DLT tape drives and solid state
disks, remains an integral part of Digital's Storage Business Unit. The
Storage Business Unit also includes the Heads, StorageWorks Solutions, and
Video Interactive and Information Services businesses. While Charles Christ,
vice president of the Storage Business Unit, oversees all AVASTOR activities,
the business is led by Jack Sharp, vice president of sales and marketing,
William Lowe, vice president of worldwide storage manufacturing, and Peter
Franklin, director of marketing.
New AVASTOR Customer Service Offerings
To support its rapidly expanding customer base, AVASTOR announced a new
Customer Resource Center in the U.S., and plans to establish a similar service
in Europe and Asia later this year. The Customer Resource Center hotline,
(800) DSP-DISK, offers an automated information support system and direct
personal support for AVASTOR's magnetic disk, DLT tape drive and solid state
disk customers. Staff is available Monday - Friday from 8 a.m. to 8 p.m.
(EST), with a message center available after hours.
In addition, AVASTOR offers a worldwide bulletin board service (BBS) that
customers may use to download AVASTOR software utilities, applications and
technical publications, post messages to the Customer Engineering staff, and
review online product information. AVASTOR customers worldwide can access the
BBS by dialing
(508) 841-5578.
AVASTOR's Advanced Technologies
In addition to its world-class service offerings, AVASTOR meets storage
component customer needs by incorporating advanced technologies in its family
of offerings; these technologies include AVASTOR's performance-enhancing
ASABETt silicon chip set, MR and Diamondhead thin-film heads, and Digital
Linear Tape (DLT). By leveraging these technologies and Digital's 30 years of
storage manufacturing expertise, AVASTOR's magnetic disks, solid state disks
and DLT tape drives are able to meet customer demands for unparalleled
performance, reliability and capacities in easily-integrated packages. For
instance, AVASTOR's DLT drives boast five times the durability and four times
the performance of competing helical scan devices, and its new MR magnetic
drive offers the industry's leading data transfer rate, fastest seek time and
highest MTBF.
Worldwide Manufacturing
AVASTOR manufactures its storage devices in Digital facilities worldwide to
meet global customer demand. Magnetic disk drives, solid state disks, DLT tape
drives and mini-libraries are produced in Colorado Springs, Colorado; initial
design and production of magnetic disk and DLT drives and mini-libraries takes
place in Shrewsbury, Massachusetts. Magnetic disk drives are also produced in
Digital's new storage manufacturing facility in Penang, Malaysia, which opened
in June 1994. Electronics modules for AVASTOR's solid state disk drives are
manufactured by Digital in Singapore.
AVASTOR, a business of Digital Equipment Corporation, provides leading
storage components for computer and subsystem vendors, resellers and
distributor markets worldwide. Headquartered in Shrewsbury, Massachusetts,
AVASTOR develops and sells high-performance magnetic disk drives, solid state
disks, and DLT tape drives. The industry's fastest growing disk manufacturer,
AVASTOR leverages technologies, such as its performance-enhancing ASABET
silicon chip set, to provide storage components that set new standards in
reliability, capacity and speed.
# # #
CORP/94/511
Digital, the AVASTOR logo, and ASABET are trademarks of Digital Equipment
Corporation.
|
92.2122 | | AKOCOA::SMITH_D | Anybody really know what time it is? | Tue Jun 21 1994 16:02 | 4 |
|
Could it be???? A wise decision????
Look's pretty good to me!
|
92.2123 | | SLOHAN::FIELDS | Strange Brew | Tue Jun 21 1994 16:10 | 3 |
| the dog & pony show i just went to was bad, but we did get nice big
coffee mugs ! over all it should work well, if people don't see the
digital name up front they might buy the damn product !
|
92.2124 | FYI - Internet Virus | TECRUS::DEMARSE | Enjoy being | Wed Jul 06 1994 15:37 | 25 |
| <Many Headers removed>
TO: See Below
Subject: (I) Internet virus
Distribution list removed
A Virus has been discovered on Internet that is disguised as CD-ROM
shareware.
Unknown hackers have illegally put the Chinon name on a destructive
shareware file and released it on the Internet. This catastrophic virus is
named "CD-IT".
- -- DO NOT DOWNLOAD. IT WILL CORRUPT YOUR HARD DRIVE. The program,
allegedly a shareware PC utility that will convert an ordinary CD-ROM
drive into a CD-Recordable (CD-R) device, which is technically impossible,
instead destroys critical system files on a user's hard drive. The program
also immediately crashes the CPU, forces the user to reboot and stays in
memory.
Widest dissemination is requested.
|
92.2125 | | CXDOCS::BARNES | | Tue Jul 12 1994 20:04 | 253 |
| MODS---If this entry violates any policy, NUKE IT!
posted without permission and with a BUNCH of headers deleted
My "views" on this are somewhat tainted at the moment, due to the
impending job loss I will soon be facing...
************************************************************************
CYBER-FUGITIVE ELUDES FBI WITH TECHNICAL WIZARDRY
By JOHN MARKOFF
c.1994 N.Y. Times News Service
Combining technical wizardry with the ages-old guile of a
grifter, Kevin Mitnick is a computer programmer run amok. And
law-enforcement officials cannot seem to catch up with him.
As a teen-ager he used a computer and a modem to break into a
North American Air Defense Command computer, foreshadowing the 1983
movie ``War Games.''
He gained control of three telephone-company central offices in
Manhattan and all the phone switching centers in California, giving
him the ability to listen in on calls and pull pranks like
reprogramming the home phone of someone he did not like so that
each time the phone was picked up, a recording asked for a deposit
of 25 cents.
For months he secretly read the electronic mail of computer
security officials at MCI Communications and Digital Equipment,
learning how their computers and phone equipment were protected.
Officials at Digital later accused him of causing $4 million in
damage to computer operations at the company and stealing $1
million of software.
Now law-enforcement officials suspect that Mitnick, 30, one of
the nation's most wanted computer criminals, is the person who
stole software and data from more than a half dozen leading
cellular telephone manufacturers, coaxing gullible employees into
giving him passwords and computer codes that could be used to break
into their computers.
The companies plan to use the software for everything from
handling billing information to determining the location of a
caller to scrambling wireless phone calls to keep them private.
Such a breach could compromise the security of future cellular
telephone networks even as their marketers assert that they will
offer new levels of protection.
While he is thought to be living somewhere in Southern
California, Mitnick has eluded an FBI manhunt for more than a year
and a half, Justice Department officials say. Last year, while a
fugitive, he managed to gain control of a phone system in
California that allowed him to wiretap the FBI agents who were
searching for him.
``He has created a lot of frustration inside the bureau,'' said
James Settle, a former computer crime fighter for the FBI. ``He
should have been locked up long ago.''
Mitnick is adept at what is known in the computer underground as
``social engineering.'' By masquerading as a company executive in a
telephone call, he frequently talks an unsuspecting company
employee into giving him passwords and other information that makes
it possible for him to gain entry to computers illegally.
Using a personal computer and a modem, he then connects to a
company's computer and, with his knowledge of how operating systems
work, commands it to copy software illegally, display confidential
electronic messages or alter a telephone switch so he can silently
monitor a call.
There is no evidence that Mitnick has used his computer skills
illegally to make money, although the cellular phone companies say
the person who stole their software could sell it to competing
manufacturers in Asia or to criminals who want to offer free phone
calls.
FBI and Justice Department officials said they were still
uncertain of his motives and did not have absolute proof that he
was behind the attacks on cellular phone companies. Three friends
and one former associate reached in an attempt to speak with
Mitnick said they had not seen or heard from him since he fled.
Mitnick grew up a shy loner who found delight and a sense of
power through his computer. ``He is an overweight computer nerd,
but when he is behind a keyboard he feels omnipotent,'' said
Harriet Rossetto, a counselor at the Beit T'Shuvah treatment center
in Los Angeles, where Mitnick was treated in 1989, under the order
of a federal judge, for his ``addictive'' attraction to computer
hacking.
Always fascinated by spying, he fancied himself a master at
fooling and eluding the authorities, much like a role model, the
character played by Robert Redford in ``Three Days of the Condor.''
In the 1975 movie, Redford portrays a CIA employee who used his
knowledge of the telephone network to avoid capture by sinister
forces in the government.
Mitnick developed his passion for computing at Monroe High
School in the Los Angeles suburb of Sepulveda, where he was raised
by his mother, Shelly Jaffee, a waitress who had divorced Mitnick's
father when their son was 3.
Mitnick got in trouble at his high school for tapping into the
Los Angeles School District's computers. He began spending time
with a loosely knit group of ``phone phreaks,'' young people whose
hobby was illegally mastering the inner workings of the telephone
switching system.
His first brush with the law came in 1981, when, as a
17-year-old, he was arrested for stealing computer manuals from
Pacific Bell's switching center in Los Angeles. He was prosecuted
as a juvenile and sentenced to probation.
A year later, he was caught breaking into computers at the
University of Southern California and was jailed for six months.
The exploits of Mitnick, who worked at various computer
programming jobs to support himself, became legendary. For example,
after he gained control of the telephone switching network in Los
Angeles, he reprogrammed the system to mislead federal agents
trying to trace his call. Thinking they had found his hideout, they
barged into the home of a Middle Eastern immigrant watching
television.
After being denied a job in computer security by the Security
Pacific Bank, he created a fake news release stating inaccurately
that the bank would show a loss of $400 million for the quarter,
and tried to distribute it on a business news service. (The news
service detected the ruse in time to stop it.)
In 1987, he was arrested for electronically breaking into a
computer at the Santa Cruz Operation, a software publisher. He
pleaded guilty to a misdemeanor, paid a small fine and was placed
on three years' probation.
A year later he was arrested again, this time by FBI agents, for
stealing prototype operating-system software from the Digital
Equipment Corp. He was later convicted.
The FBI had closed in on him only after he tried to harass a
friend and partner in crime by pretending to be an IRS agent and
making threatening calls to his friend's employer. His friend then
told the authorities what Mitnick had done.
A man with a passion for gathering dossiers and playing tricks
on both friends and enemies, Mitnick so intimidated the authorities
when he was arrested in 1988 that Judge Mariana R. Pfaelzer of the
Federal District Court in Los Angeles initially ruled that he could
not have access to a telephone for fear of the damage he might
cause.
Other law-enforcement officials had been similarly cautious. In
one investigation in the mid-1980s, a Los Angeles police detective
said he had been forced to go into hiding while he conducted
surveillance on Mitnick. ``I've always considered him dangerous,''
said the detective, Jim Black, now a security specialist for MCI.
``I had to go underground. If he targets you, he can make your life
miserable.''
After Mitnick's 1988 arrest, his lawyer convinced the judge that
Mitnick's problem was similar to a drug or gambling addiction. He
served a year in prison at the low-security federal prison in
Lompoc, Calif. He then spent six months in a small residential
treatment program that emphasizes the 12-step Alcoholics Anonymous
model.
During the treatment program Mitnick was prohibited from
touching a computer or a modem. He began exercising regularly and
lost more than 100 pounds. Later, he briefly obtained a job as a
programmer for a health care provider.
Mitnick vanished in November 1992 after the FBI searched his
home with a warrant stating that he was again breaking into
telephone-company computers while working for a Southern California
detective agency. His friends say he may be supporting himself
through a computer programming job he gained by using a false
identity.
He is currently being hunted for violating a federal probation
requirement that he not enter computers illegally or associate with
other people convicted of similar crimes.
In addition, the California Department of Motor Vehicles issued
a warrant in September for his arrest. The warrant states that
Mitnick wiretapped FBI agents' calls to the state agency. He then
used law-enforcement access codes he had obtained by eavesdropping
on the agents to make illegal requests for drivers' licenses, state
investigators say.
The information from such drivers' licenses could help him gain
a false identity and find out where his enemies live. It is just
such tactics that will make Mitnick very hard to find.
<TDAT> NYT-07-04-94 1239EDT
To Distribution List:
NAME: Asia Telecom/Security Mgr <SIMON-YK CHAN @HGO>,
NAME: Japan Security Manager <YOSHIHIDE FUKUTA @TBJ>,
NAME: LACT Security Contact <MY QUAN TRAN @LAC>,
NAME: SPT Security Contact <JOHN ONEILL @SNO>,
NAME: Canada I.T. Security Mgr <ALLEN RITCHE @TRO>,
NAME: Asia Security <DEREK LUI @HGO>,
NAME: LACT Alternate Security Contact <Ruben Brito @LAC>,
NAME: Canada I.T. Security <ALIA SHEIKH @TRO>,
NAME: SPT I.T. Security <IT_SECURITY @SNO>
CC Distribution List:
NAME: Security Operations (CISG) <Vic Thuotte @MSO>,
NAME: Security Operations (CISG) <Steve Dancause @MSO>,
NAME: Security Operations (CT) <Sam Hutchinson @TAY>,
NAME: Security Operations (Europe) <Jean-Paul Rambeau @VBO>,
NAME: Security Operations (U.S.) <RE Johnson @MLO>,
NAME: APA Telecom <Ben Parker @ako>,
NAME: Cdn IT Security (ITSSC) <RITCHE.ALLEN AT A1 at TROOA at TRO>,
NAME: Cdn ITSSC - ITU Compute Discipline <OJASTE.MARTIN AT A1 at TROOA at TRO>,
NAME: Cdn ITSSC - ITU Operations KAO <BURN.DAVID AT A1 AT POLAR>,
NAME: Cdn ITSSC - Digital IM&T MEL <GOSLING.ART AT A1 AT POLAR>,
NAME: Cdn ITSSC - ITU Operations TRO <ORENSTEIN.KEN AT A1 at TROOA at TRO>,
NAME: Cdn ITU - ITC <PATEL.SHIRAZ AT A1 at TROOA at TRO>,
NAME: Cdn Digital IM&T <HAIER.RICK AT A1 at TROOA at TRO>,
NAME: C.C: ITU KAO Systems Group <MONTEITH.ROB AT A1 AT POLAR>,
NAME: C.C: I.T. Security <SHEIKH.ALIA AT A1 at TROOA at TRO>,
NAME: Cdn ITSSC - ITU Operations West <TOVELL.RICHARD AT A1 AT CGOO01>,
NAME: Cdn ITSSC - ITU Network Discipline <ORENSTEIN.KEN AT A1 at TROOA at TRO>,
NAME: Cdn ITSSC - ITU Operations West <COOKE.VERN AT A1 AT CGOO01>,
NAME: APA/EXARC <STEVE WEBBER @AKO>,
NAME: APA IM&T Controls <Bob Bureau @ako>,
NAME: APA Telecom <Ben Parker @AKO>,
NAME: APA Telecom Manager <Cheryl Caron @ako>,
NAME: APA IM&T Manager <Barbara Deguise @AKO>,
NAME: Canada IM&T <HAIER.RICK AT A1 at TROOA at TRO>,
NAME: Asia IM&T <MICHAEL LEUNG @HGO>,
NAME: Japan IM&T <MASAKAZU MIWA @JIT>,
NAME: APA IM&T <Barbara Deguise @AKO>,
NAME: Canada DC <LAWRENCE.ERIC AT A1 at TROOA at TRO>,
NAME: SPT IM&T <David Hughes @sno>,
NAME: NEIL NORRIS @KAO <NORRIS.NEIL AT A1 AT KAOO01>,
NAME: TOM KARMO @TRO <KARMO.TOM AT A1 at TROOA at TRO>
To Distribution List:
randy brown@ohf,
catherine learoyd@mso,
mitchell_ro@swlavc@vaxmail,
john rundlett@mro,
candy alexander@mro,
daya puls@mso,
kelliher@ljsrv2@vaxmail,
ALLEN RITCHE@tro
|
92.2126 | | ROADKL::INGALLS | may the four winds blow you home again | Tue Jul 12 1994 20:56 | 8 |
| Ha! I got half way through that and thought "he must've used the computer to
tap into the FBI's search for him" and lo and behold - that's exactly what he
did! What a menace to society! shut down all the computers and go back to
the days of bartering for food, shelter, clothing (and banish anyone suggesting
that gold or silver should be earmarked as valuable) - yeah RIGHT!
glennnn
|
92.2127 | FYI ? | SLOHAN::FIELDS | Strange Brew | Thu Jul 14 1994 14:08 | 111 |
| <forward headers deleted...>
FROM LIVEWIRE
MAYNARD, Mass.--(BUSINESS WIRE)--July 14, 1994 -- Robert B. Palmer,
President and Chief Executive Officer of Digital Equipment Corporation,
today announced that Digital is eliminating its traditional matrix
management approach that relied on complex relationships across business
organizations, functions, and geographic regions.
The company is replacing it with a simplified structure that will
increase management accountability, sharpen customer focus, and return the
company to sustained profitability.
"These steps, along with other actions we've taken over the past 20
months, are part of our strategy to make Digital the company to turn to
for products and services needed to build networked, open client/server
environments that support simplified business processes, and enable
enhanced individual and organizational productivity," Palmer said.
Palmer said Digital will rapidly implement company-wide the key business
strategies that have been tested and refined over the last 20 months in
its most successful business units. As a result, the company will place
engineering, manufacturing, marketing, and sales responsibilities under
each business unit manager.
The structure will increase focus and accountability; facilitate the
design of products for volume markets; and build upon excellence in
service to maintain customer satisfaction and loyalty.
The company is establishing the Computer Systems Division under Vice
President Enrico Pesatori, the Components Division under Vice President
Charles F. Christ, and the Advanced Technology Group under Vice President
and Chief Technical Officer William D. Strecker. The two Divisions will
each include three business units. Pesatori, Christ and Strecker all
report to Palmer.
In addition, there are three other business units that report directly to
Palmer. They are: Multivendor Customer Services under Vice President John
J. Rando, Digital Consulting under Vice President Gresham T. Brebach,
Jr., and Semiconductor Operations under Vice President Ed Caldwell.
The company confirmed previous reports that it is eliminating
approximately 20,000 positions. However, the process will be completed
within 12 months, as opposed to the 24 months stated in previous reports.
Based on the organizational changes and competitive benchmarking, the
company's workforce will total about 65,000 at the end of the period. In
addition, the company will reduce its utilized space worldwide by
approximately 10 million square feet to 22 million square feet within 24
months.
As a result, the company expects to take a restructuring charge of $1.2
billion in its fiscal fourth quarter that ended July 2. Approximately 60
percent of the restructuring charge will be related to workforce
reductions, with the remainder in facilities. Digital anticipates
reporting its fourth quarter, and the full 1994 fiscal year results, the
week of July 25.
The company also expects to absorb in the quarter a $350 million to $400
million non-cash expense associated with intangible asset and other
write-offs.
Palmer said the expense reduction actions announced today will result in
annualized cost eliminations of approximately $1.8 billion. Coupled with
other restructuring actions taken over the past 20 months, cost
eliminations are expected to reach more than $3 billion on an annualized
basis.
The company, Palmer said, will continue to call on its largest customers
and maintain the technical resources to support them, while at the same
time, implementing an aggressive program to develop and enhance its
relationships with selling partners.
Digital, Palmer said, will continue to offer world-class products based
on the most important open client/server hardware platforms for the '90s
- - -- Intel and Alpha AXP -- including expansion of the nearly 6,000
applications already available on the Alpha AXP platform. While offering
customers increasingly attractive ways to migrate to Alpha AXP systems,
the company also will continue to update and support its VAX system
offerings. He also said Digital will support three operating systems:
OpenVMS, OSF/1 UNIX, and Microsoft Windows NT.
The Computer Systems Division includes the Personal Computer Business
Unit, Systems Business Unit, and Accounts Business Unit. The division is
responsible for engineering, manufacturing, marketing and sales of
networked open client/server computing built around Digital's leadership
Alpha AXP and Intel-based platforms.
The Components Division includes the Components & Peripherals Business
Unit, Network Products Business Unit, and Storage Business Unit. The
division is responsible for engineering, manufacturing, marketing, and
sales of leading-edge technology in these areas of established Digital
strength and recent marketplace success.
The new Advanced Technology Group will identify future market
opportunities, and rapidly transform innovation into profitable new
products, services, and businesses. Product focus will include mobile and
wireless communications, multimedia computing, and continued support of
Digital's industry-leading Internet activities. The other three business
units all serve the marketplace in specific areas of proven Digital
leadership. Like the Computer Systems and Components Divisions, these
three business units retain profit and loss as well as balance sheet
responsibilities to achieve their goals.
Digital Equipment Corporation is the world's leader in open client/
server solutions from personal computing to integrated worldwide
information systems. Digital's scalable Alpha AXP platforms, storage,
networking, software and services, together with industry-focused
solutions from business partners, help organizations compete and win in
today's global marketplace.
Note to Editors: Digital, the Digital logo, Alpha AXP, VAX and
OpenVMS are trademarks of Digital Equipment
Corporation.
UNIX is a registered trademark in the United
States and other countries, licensed exclusively
through X/Open Company, Ltd.
Windows NT is a registered trademark of Microsoft
Corporation.
OSF/1 is a registered trademark of Open Software
Foundation, Inc.
CONTACT: Digital Equipment Corp.
Joseph Codispoti, (508) 493-6767
Bradley Allen, (508) 493-7182
|
92.2128 | | ROCK::FROMM | This space intentionally left blank. | Fri Jul 15 1994 12:59 | 16 |
| > A year later he was arrested again, this time by FBI agents, for
> stealing prototype operating-system software from the Digital
> Equipment Corp. He was later convicted.
i'm in the middle of reading a book about 3 different hacker cases. mitnick
is one, robert morris (the cornell grad student who wrote the worm that crashed
thousands of computers on the interent) is another, and i haven't read the
third yet. the mitnick section ends with this arrest. apparently he stole
the entire source code for the latest (unreleased) version of VMS from the
computers at ZKO, transfered it out of the Easynet thru DECWRL, and stored it
on computers at USC. and the whole time he was monitoring the private mail
of the DEC employees who were trying to track him down, so he constantly knew
their progress (or lack thereof). he was finally caught when a friend turned
him in. very interesting reading.
- rich
|
92.2129 | to leap or not to leap; QUANTUM CORPORATION | SLOHAN::FIELDS | Strange Brew | Tue Jul 19 1994 14:31 | 140 |
| HEADERS: DELETED
Subj: Latest Information on Quantum Corp released today
Subj: Storage announcement
Subj: I: STORAGE ANNOUNCEMENT
CC:
Subj: STORAGE ANNOUNCEMENT #576 1
THE FOLLOWING RELEASE WAS ISSUED BY QUANTUM CORPORATION
AT 8:30 AM EDT.
Quantum
Catherine Hartsog
Director, Corporate Communications
(408) 894-4334
Digital
Gloria Bates
Storage Business Unit
(508) 841-6554
QUANTUM ACQUIRES SIGNIFICANT PORTIONS OF
DIGITAL'S STORAGE BUSINESS
Acquisition Positions Quantum for Stronger Leadership Position in
Industry, Enables Digital to Sharpen Focus on Core Businesses
MILPITAS, Calif. -- July 19, 1994 -- Quantum Corporation (NMS:QNTUM)
and Digital Equipment Corporation (NYSE:DEC) today announced that
they have signed an agreement for Quantum to purchase Digital's
magnetic disk drive, tape drive, solid state disk, and thin-film
heads businesses for $400 million. The transaction includes
Digital's 81% interest in Rocky Mountain Magnetics, Inc., one of the
industry leaders in the development of magneto-resistive heads
technology. The transaction has been approved by the boards of
directors of both companies, but is still subject to appropriate
government approval. It is expected to close on or about October 1,
1994.
In conjunction with this transaction, Quantum and Digital will
sign a supply agreement providing Quantum a substantial percentage
of Digital's internal hard disk drive requirements for its
StorageWorks subsystems and core computer systems businesses. The
specific terms of the supply agreement were not disclosed.
According to William J. Miller, Quantum's chairman and chief
executive officer, this transaction is a key step in solidifying
Quantum's leadership position in the storage industry.
"We are very excited about the opportunities this transaction
presents for Quantum. Both Quantum and Digital have built strong
high-capacity drive programs based on superior technical
capabilities and strong customer acceptance. The combination of our
companies' programs gives us the critical mass to be a significant
force in the high-capacity marketplace," said Miller.
"Another important benefit for Quantum is the acquisition of
Digital's expertise in developing and manufacturing traditional
thin-film and magneto-resistive heads," Miller said. "Our ownership
position in Rocky Mountain Magnetics will give us direct access to
magneto-resistive technology which is a critical technology for
achieving the areal density increases the industry will see over the
next several generations of drives. In addition, the vertical
integration in heads will help us in our efforts to continue
lowering our costs."
Robert B. Palmer, Digital's president and chief executive
officer, said, "Quantum's strong and growing position in the storage
market and its reputation as both a technology leader and an
outstanding employer make this transaction quite complementary and
beneficial for our customers as well as our affected employees.
While these segments of our Storage Business Unit have been highly
successful and represent some of the best technology in the world,
this agreement enables Digital to sharpen our focus on our core
computer systems and components businesses and concentrate our
resources on providing our customers with Alpha AXP and Intel-based
PCs, workstations and servers, along with the networks, components
and services they need to implement open client/server computing
environments."
Charles F. Christ, vice president of Digital's newly created
Components Division, said, "Digital's disk and tape drive business,
along with the thin-film heads business, are positioned to compete
in worldwide markets. Their strength and prospects for the future
made the two segments a highly sought-after operation. We consider
Quantum the perfect choice to carry this momentum forward."
Christ said Digital will continue its business activities in
both the Storage Subsystems and Video and Interactive Information
Services areas, the two portions of the company's Storage Business
Unit not included in this transaction. "This agreement strengthens
Quantum's position as a major player in the storage marketplace,"
Christ said. "As a purchaser of storage devices, we're pleased to
have Quantum as an even stronger supplier in the market."
There are approximately 5,000 regular and temporary Digital
employees in the Digital businesses being purchased by Quantum.
Quantum also has agreed to purchase Digital facilities in
Shrewsbury, Massachusetts, and Penang, Malaysia, while leasing
facilities in Colorado Springs, Colorado, and Batam, Indonesia. "We
are extremely proud of the contribution these employees have made to
the success of Digital's storage business," said Christ. "We are
confident that they will find Quantum to be an outstanding
employer."
Added Miller, "We continue to focus on improving our
profitability in addition to growing our business. We intend to
take full advantage of the tremendous synergies between Digital's
storage business and Quantum, and will leverage the core
competencies of each company as we work to merge the two
businesses."
Quantum Corporation is a leading supplier of storage products
for personal computers, notebook systems, workstations, file servers
and disk arrays. Widely recognized as the industry's quality
leader, Quantum is now the largest supplier of hard disk drives
worldwide. Quantum has been ranked among the Fortune 500 since
1991. The company's sales for the fiscal year ending March 1994
were $2.1 billion.
Digital Equipment Corporation is the world's leader in open
client/server solutions from personal computing to integrated
worldwide information systems. Digital's scalable Alpha AXP and
Intel-based platforms, networking, software and services, together
with industry-focused solutions from business partners, help
organizations compete and win in today's global marketplace.
Digital's revenues for fiscal year 1993 were $14.4 billion.
####
Note to Editors: Digital, the Digital logo, StorageWorks and Alpha
AXP are trademarks of Digital Equipment
Corporation.
CORP/95/576
To Distribution List:
deleted....
|
92.2130 | | BIGQ::DCLARK | I'm Glad(I'm Glad(I'm Glad)) | Tue Jul 19 1994 17:08 | 4 |
| re .-1
what's the deal with this Chris? Do you have a go/no-go
option?
|
92.2131 | this is what I think could happen here. | SLOHAN::FIELDS | Strange Brew | Tue Jul 19 1994 17:27 | 10 |
| don't know.....I'm guessing I get one of 3 deals....one, Im sh!t outta
luck and lose my job....two, I still stay a DECie and move across the
street into SHR3 (as SHR1 & 2 are being sold) and still work with the
people who go to Quantum.....or three, I get hired by Quantum and keep
doing the same old stuff I'm doing now.
I hope the TV news people get here and ask what I know, Im gonna tell
them OJ did it ! that should screw them up !
Chris
|
92.2132 | | STAR::HUGHES | Samurai Couch Potato | Tue Jul 19 1994 17:41 | 3 |
| You should find yourself a glove and some red food dye...
gary
|
92.2134 | | NAC::TRAMP::GRADY | Into the night, an angel to be... | Tue Jul 19 1994 19:19 | 6 |
| >SHOULD YOU HAVE QUESTIONS ,GIVE A YELL.
How about a scream?
;-)
|
92.2135 | | TOOK::PECKAR | sleep tight | Tue Jul 19 1994 19:25 | 4 |
| >SERVICE LUMP SUM PAYMENT
As goes the universe, So goes Digital...
|
92.2136 | | CXDOCS::BARNES | | Tue Jul 19 1994 19:34 | 1 |
| gggrrrrrrrrr
|
92.2137 | | AKOCOA::SMITH_D | a hopeful candle lingers | Tue Jul 19 1994 19:42 | 2 |
|
That's insulting!
|
92.2138 | | CXDOCS::BARNES | | Tue Jul 19 1994 19:59 | 1 |
| that note has already been deleted from the digital notes file...
|
92.2139 | | AKOCOA::SMITH_D | a hopeful candle lingers | Tue Jul 19 1994 20:17 | 7 |
|
I was just thinking, I wouldn't be half as pissed about the content
of the package (we're even lucky to get one) except that the quality
of the packages has diminished over the years to the point where
the remaining people (dedicated, good performers, overworked, over
stressed, etc) get screwed. The whole process is running backasswards.
IMO
|
92.2140 | I deleted it from here.... | SLOHAN::FIELDS | Strange Brew | Tue Jul 19 1994 20:18 | 4 |
| hummm its gone from here, but it was forwarded to me via mail so I
thought it was the real thang.....check Livewire(ed) tomorrow I guess.
Chris
|
92.2141 | its just a rilly bad trip so far ! | SLOHAN::FIELDS | Strange Brew | Tue Jul 19 1994 20:21 | 6 |
| yes that is true Deane-o but they will say that you had a job all that
time...but yes after all that time sticking with it and endding up out
the door just don't seem fair, thats for sure....
Chris_whos_at_the_point_of_feeling_like_jim_or_what_ever_his_name_was.
|
92.2142 | | STRATA::DWEST | riding on Blaine the Mono... | Tue Jul 19 1994 20:25 | 2 |
| prolly was the real thing,.. it was deleted from DIGITAL notes
since it was a posting of a memo without the authors permission...
|
92.2143 | | AKOCOA::SMITH_D | a hopeful candle lingers | Tue Jul 19 1994 20:31 | 9 |
|
Another tid-bit.
I reckon that we'll be hearing something from up top within the
next few days about employees utilizing available network tools
(notes, www, internet...etc) on work time. Apparently, WWW is
quite a hog when half the company is experiementing (hee hee)
party on!
|
92.2144 | | STAR::HUGHES | Samurai Couch Potato | Tue Jul 19 1994 21:04 | 11 |
| Could someone tell me what the last few notes are about? Was there
another bonfire?
re .2143
Some of the trade rags I get have been carrying articles about
"preventing your employees from browsing the internet". It is becoming
a fashionable thing for management to worry about. "Dilbert" in last
Sunday's Glob probably didn't help either.
gary
|
92.2145 | pretty good deal for timtim | TOOK::PECKAR | sleep tight | Wed Jul 20 1994 17:43 | 23 |
| > Could someone tell me what the last few notes are about? Was there
> another bonfire?
TFSO for q1 was announced today. your severance will be: 4 weeks PLUS 4 wks
pay with up to 6 years of service; 6 wks pay for from 6 up to 15 years of
service; and 8 wks pay for 15 years of service or more.
So, if you've worked for DEC a month and got laid off you'd get 8 weeks
pay, and if you've worked for DEC 14 years, you'd get 10 weeks pay.
> Some of the trade rags I get have been carrying articles about
> "preventing your employees from browsing the internet". It is becoming
> a fashionable thing for management to worry about. "Dilbert" in last
> Sunday's Glob probably didn't help either.
Internet access will not likely be shut down, since more and more of us are
moving our work there. Palmer is behind us getting the most out of it, and
I believe DEC has or will soon have an Internet Czar at the VP level. We
already have products, such as our firewall stuff, and I've heard tell that
browsers may eventually replace VTX...
|
92.2146 | | STAR::HUGHES | Samurai Couch Potato | Wed Jul 20 1994 22:12 | 11 |
| Thanks. I can see why someone might get torqued about that.
As for the internet stuff, I wasn't suggesting Digital was planning
anything (now there is an open ended statement), just observing that
employees surfing the internet is becoming a trendy "issue" for
managers in the industry in general.
Still, having "issues" to manage keeps management happy and usually out
of harm's way :-)
gary
|
92.2147 | | SUBPAC::MAGGARD | Integrate! | Thu Jul 21 1994 15:29 | 13 |
| > just observing that employees surfing the internet is becoming a trendy
> "issue" for managers in the industry in general.
Nah, it's net-DOOM that they _really_ gotta worry about!
:-)
You can totally tell that the gang at id software completely and thoroughly
HATE "big business". Me? I'm waiting for the senior-leadership-team.wad with
the exploding briefcase bombs and red-tape-gun to come out. ;-)
- jeff
|
92.2148 | | STAR::HUGHES | Samurai Couch Potato | Thu Jul 21 1994 15:48 | 8 |
| Net-DOOM. Now there's an idea :-)
Instead of collecting munitions, you could collect stickit note pads
and slash folders.
Where did I put that Doom database editor..?
gary
|
92.2149 | | AKOCOA::SMITH_D | a hopeful candle lingers | Thu Jul 21 1994 16:51 | 2 |
|
You'ze guys ain't talk'n about that awesome game Doom are ya????
|
92.2150 | WOW! | AKOCOA::SMITH_D | a hopeful candle lingers | Tue Jul 26 1994 17:44 | 7 |
|
Big meetings in our group today, employee meetings tomorrow....
and a $1.7 BILLION loss for the quarter.
I'll be very surprised if I still have a job after 8/22.
|
92.2151 | nfw | NAC::TRAMP::GRADY | Into the night, an angel to be... | Tue Jul 26 1994 18:00 | 5 |
| > and a $1.7 BILLION loss for the quarter.
I don't believe that's possible.
tim
|
92.2152 | | POWDML::PENTLICKI | | Tue Jul 26 1994 18:16 | 4 |
| wasn't the loss for the previous quarter "only"
$271 million?
Steve
|
92.2153 | Alot-o-cabbage | STRATA::BEAULIEU | The Sunny Side Of The Street Is Dark | Tue Jul 26 1994 18:18 | 7 |
|
I believe that includes a 1.2 Billion restructuring charge
Toby
|
92.2154 | | AKOCOA::SMITH_D | a hopeful candle lingers | Tue Jul 26 1994 18:20 | 8 |
|
re -1
Definitely true.... try vtx livewire, worldwide news.
We're gearing up already, people seem to be in wind-down mode.
rather depressing, but interesting at the same time.
|
92.2155 | From LIVEWIRE | BINKLY::CEPARSKI | Summer Flies And August Dies | Tue Jul 26 1994 18:22 | 20 |
|
For the quarter, the corporation reported a net loss $1,746,360,000 or
$12.64 per common share. Excluding restructuring charges of $1.2
billion and non-cash reductions in the carrying value of intangible and
deferred tax assets totaling $380 million, the net loss for the quarter
was $160,360,000, or $1.22 per common share, compared with net earnings
of $113,196,000, or 85 cents per common share in the comparable quarter
a year ago. Total operating revenues for the quarter were
$3,922,974,000, compared with $3,913,951,000 for the fourth quarter of
fiscal year 1993.
|
92.2156 | | POWDML::PENTLICKI | | Tue Jul 26 1994 18:24 | 6 |
| I correct myself:
previous quarter loss(2nd quarter 1994) was $72.1 million
fiscal year 93 loss was $251.33 million
Steve
|
92.2157 | | AKOCOA::SMITH_D | a hopeful candle lingers | Tue Jul 26 1994 18:25 | 4 |
|
Yes, that's a net loss.
|
92.2158 | | NAC::TRAMP::GRADY | Into the night, an angel to be... | Wed Jul 27 1994 14:31 | 6 |
| > Yes, that's a net loss.
Exactly, which is the whole point. $1.2Billion is a paper loss only.
Nothing has changed...no surprises. BFD.
tim
|
92.2159 | | BIODTL::JC | positive vibration | Wed Jul 27 1994 15:23 | 27 |
| re <<< Note 92.2158 by NAC::TRAMP::GRADY "Into the night, an angel to be..." >>>
>Exactly, which is the whole point. $1.2Billion is a paper loss only.
>Nothing has changed...no surprises. BFD.
not exactly. the 1.2B does have to come from somewhere. our book value last
qtr was about $33/sh. book value is: (assets-liab)/shares outstanding.
my guess is that book will go down about 11-13 /share, putting our book at
$20/share. remember, 3 yrs ago, we were $60+/share book, and we used to
trade around that price also!
what's the significance?
well, it is a factor used in determining the price of stock. higher book
value stocks tend to trade at higher values. ths is not always true (companies
like novell, wellfleet,etc have book values under a buck), it is somewhat
true in our case. some analysts will say DEC is favorable because of its
very low price-to-book ratio....
so, i see thie 1.2B as disappointing because it really, indirectly, dilutes
the value of DEC's stock to some extent.
we're still hemorridging BIG TIME. our loss was more than expected (minus
the restruct and the 380M charge) ... 160M... still over $1,000,000,000 a DAY
in losses.
i'm surprised palmer is still around!
|
92.2160 | | SSGV01::TPNSTN::Strobel | bag it tag it | Wed Jul 27 1994 19:31 | 4 |
| given the $1.2b charge, the "usable" level of cash (i.e., less than what is
reported due to federal regulations) and Digital's debt rating that makes
Donald Trump look like Fort Knox, if we don't QUICKLY generate cash from
operations and/or sale of assets, we're toast
|
92.2161 | excursion/mosaic | WESERV::ROBERTS | | Thu Jul 28 1994 14:46 | 7 |
|
Can anyone here at ZKO get me set up with excursion/mosaic on my PC?
DC set me up in MKO and now that we've moved I don't seem to have access
anymore. Wondering if it is something simple and no_cost that can be
done by a ZKO wizard ?
carol
|
92.2162 | | TOOK::PECKAR | sleep tight | Thu Jul 28 1994 16:06 | 14 |
|
> Can anyone here at ZKO get me set up with excursion/mosaic on my PC?
> DC set me up in MKO and now that we've moved I don't seem to have access
> anymore. Wondering if it is something simple and no_cost that can be
? done by a ZKO wizard ?
Yeah, talk to the person who manages your pathworks server.
I'm real excited. I'm at home and just got mosaic running on my PC using
Trumpet Winsock and my 14.4K modem. With compressed SLIP talking to a
decserver 700 in LKG, I'm connected at 38.4K! The qvtnet apps are very
robust, too. took me all morning to get it configured properly, though,
this stuff isn't for the faint at the keys. For more info on this see
note 321.0 and 321.1 in the Internet_tools notesfile (KP7)
|
92.2163 | | SALES::GKELLER | Access for all | Thu Jul 28 1994 16:56 | 17 |
| > <<< Note 92.2162 by TOOK::PECKAR "sleep tight" >>>
>I'm real excited. I'm at home and just got mosaic running on my PC using
>Trumpet Winsock and my 14.4K modem. With compressed SLIP talking to a
>decserver 700 in LKG, I'm connected at 38.4K! The qvtnet apps are very
>robust, too. took me all morning to get it configured properly, though,
>this stuff isn't for the faint at the keys. For more info on this see
>note 321.0 and 321.1 in the Internet_tools notesfile (KP7)
Damn, I still don't have it working. Actually, that's not completely true.
Everything works in stand-alone mode, they just won't connect. Hopefully
tonight though.
Geoff
P.S. Carol, you need eXcursion v1.2.03 and PATHWORKS V5.0a and PWMOSAIC (
available at HANDI::USER$280:[PCI_PM.MOSAIC]PWMOSAIC.ZIP
|
92.2164 | | SSGV01::TPNSTN::Strobel | bag it tag it | Thu Jul 28 1994 17:19 | 6 |
| Carol:
If you need help with eXcursion, give me a call (1-0494) or stop by
(zk1-3 pole eb6ish). Next week looks better than today and tomorrow
however.
jeff
|
92.2165 | Good article about Digital | SALES::GKELLER | Access for all | Thu Jul 28 1994 19:03 | 64 |
| HEADERS REMOVED...
The Technology Fundamentalist
June/July 1994
Digital Equipment: The New Hewlett Packard
What? Isn't DEC supposed to be on the ropes? Forget
everything you've read, as usual the analysts have
missed this one bad. In fact DEC is looking pretty
good. They're going to be the new HP of the late 90s
and we're going to see big things from them well before
the year is out.
So what gives? Look at the following:
While everyone is drooling over the 66 MHz Power
PC, DEC has had its 200+ MHz Alpha chip out for
some time and is well ahead of the rest of the
industry; sales, initially slow because people
didn't know what to do with so much power,are now
taking off as the software and networking vendors
solve the problem for them.
Its Alpha based servers are streets ahead of any of
the competition in terms of power, quality,
scalability and suitability for real mission
critical applications.
It's quietly but rapidly becoming a major PC
seller, probably will be in the top 10 this year
moving from 15th last year.
It's already the leading vendor of video servers,
which will soon be the hottest area of the server
industry.
DEC is already ahead of the technology curve. It's not
whimping out, like some other hardware companies we
know, by claiming that it's going to be a software and
services company, whining that its not possible to make
money in hardware any more.
The real story of course is that DEC engineering and
networking skills are ideally suited to the type of
computing environment that is just starting to emerge
for the information superhighway, namely very high
power, scalability and availability, powerful
networking, and leading hardware, particularly video
servers. No one else in the industry can match DEC in
these.
Pretty soon the cycle is going to swing back to the
hardware companies because there's been such a
shakeout. DEC is right in there.
Remember when Hewlett Packard was being written off a
few years ago as being an old line scientific-oriented
culture run by engineers. Then it got faith, introduced
the, for then, very risky RISC and the rest is history.
Alpha is DEC's RISC and we're going to see the results
very soon.
|
92.2166 | wow | ROCK::FROMM | This space intentionally left blank. | Mon Aug 08 1994 13:32 | 23 |
| Date: 5-AUG-1994 22:26:13.32
From: TECRUS::MCKINNEY "Dina McKinney 225-4869 HL2-1/J12 05-Aug-1994 2226"
Subj: fyi..DEC passes GATEWAY in volume sales of PC's
To: @DIS$:ALL_VERIF
CC:
From: TECRUS::TMILLER "Semiconductor Product Marketing 05-Aug-1994 1724" 5-AUG-1994 17:25:31.79
To: @DIST.TXT
CC: TMILLER
Subj: We're bigger than Gateway!
From: PCBUOA::DURDAN "05-Aug-1994 1637" 5-AUG-1994 16:37:21.91
To: TODD,TIM,MIKE_C
CC:
Subj: We're bigger than Gateway!!
DIGITAL PC According to PRNewswire via First! Gateway 2000,
UNITS SHIPPED Inc., reported shipments of more than 236,000 PCs
PASSES GATEWAY for the second quarter of 94. With Digital PCs at
250,000 units last quarter, we have now passed
Gateway on our way to the Top Five! For a copy of
the complete Gateway release, send mail to Chris
Blood @AKO.
|
92.2167 | | MONTOR::HANNAN | Beyond description... | Fri Aug 12 1994 15:04 | 10 |
| Anyone else having a "communications" meeting later today ?
I have one @ 3 pm w/ the VP of Digital Consulting coming in.
It was only announced late yesterday, and it seems a little wierd.
Another unrelated group also has a special 3 pm communications
meeting.
I'm wondering if something big is going on...
/Ken
|
92.2168 | | SLOHAN::FIELDS | Strange Brew | Fri Aug 12 1994 15:12 | 146 |
| might this have something to do with it ?
<><><><><><><><> T h e V O G O N N e w s S e r v i c e
<><><><><><><><>
Edition : 3132 Tuesday 9-Aug-1994 Circulation
: 5813
Digital - NEW ALIGNMENT BRINGS DIGITAL'S SYSTEMS AND NETWORKS
INTEGRATION
CAPABILITIES CLOSER TO CUSTOMERS
{Livewire, Worldwide News, 8-Aug-94}
. . . Latest Step in Implementation of Palmer's Strategy Moves
Business Responsibilities Into Computer Systems Division
and Multivendor Customer Services Unit . . .
Bob Palmer, President and CEO, today announced that Digital's
leading-edge
systems and networks integration capabilities will be re-aligned to
more
closely serve customers, support business partners, and complement
Digital's
core computer systems and services offerings.
Palmer said elements of the Digital Consulting organization will be
shifted
into both the Computer Systems Division, under Vice President and
General
Manager Enrico Pesatori, and the Multivendor Customer Services
business unit,
under Vice President John Rando. The announcement represents the
latest step
in implementing Palmer's strategy, first outlined on July 14, of
creating a
more simplified structure designed to increase management
accountability,
sharpen customer focus and return Digital to sustained profitability.
"Systems and networks integration capabilities are essential to
delivering
Digital's core value proposition to our worldwide customers," said
Palmer.
"Melding those capabilities into the organizations that own the
business
responsibility for directly satisfying the needs of Digital's major
customers
is the best way to guarantee that they optimally serve our customers,
complement our business partners and directly leverage our core
products and
services businesses. These capabilities greatly enhance Digital's
leadership
in building and supporting, directly and through partners, networked
computing
platforms for heterogeneous client/server environments."
Digital is consistently ranked among the top systems integrators in
the
world, both in terms of revenues and capabilities. The following
businesses,
which previously made up Digital Consulting, will now be managed as
follows:
o Systems Integration will become a business segment, with its own
revenue
and profit responsibility, within the Accounts Business Unit,
which is
the unit of Digital's newly created Computer Systems Division
that will
directly support Digital's major worldwide accounts. Vincenzo
Damiani is
vice president of the Accounts Business Unit. Systems
Integration is
responsible for the integration of applications, hardware and
software
to solve customers' business challenges. As a critical component
of
meeting the needs of Digital's largest customers, it closely
complements
the mission of the Accounts Business Unit.
o Information Technology Consulting will join the Systems
Integration
segment of the Accounts Business Unit, helping Digital's largest
customers develop the IT strategies needed to function
effectively in an
open client/server environment.
o Network Integration Services (NIS) will become a business
segment, with
its own revenue and profit responsibility, within Multivendor
Customer
Services. This integration expertise helps customers plan,
design,
manage and implement increasingly complex PC, local-area and
wide-area
networks, and provides a natural extension of the offerings of
Multivendor Customer Services by assuring customers of a single
portfolio from Digital that covers the full range of their
multivendor
network support needs.
o Learning Services also will join the Multivendor Customer
Services
Business Unit. This organization provides multivendor product
education
and training, complementing the portfolio of Multivendor
Customer
Services, which already utilizes Learning Services to fulfill
customer
training needs and shares office space with Learning Services in
a
substantial number of locations worldwide.
o Operations Management Services (OMS) will continue to be managed
by Bob
McNulty, vice president and Chief Information Officer. OMS
provides
customers with outsourcing services to manage a variety of
aspects of
their data centers, systems and networks. In addition, McNulty
will
assume responsibility for Management Consulting, which provides
consulting services for business process re-engineering and
business
strategies.
Kannankote Srikanth, vice president, will lead the transition
process for
these businesses, which will be completed no later than January 1,
1995.
Srikanth will report to Palmer in this role. On January 1, Srikanth
will
assume leadership of the Systems Integration business within the
Accounts
Business Unit.
In a related announcement, Gresh Brebach, vice president, has
announced his
intention to leave Digital to pursue other interests. Brebach has
managed
Digital Consulting since joining the company in 1993. Commenting on
Brebach's
departure, Palmer said, "As a distinguished leader in the consulting
field,
Gresh brought valuable thinking and perspective to Digital. We wish
him
success in his future endeavors."
|
92.2169 | | LTSLAB::IDE | My mind's lost in a household fog. | Fri Aug 12 1994 15:18 | 9 |
| We watched a video in staff yesterday on the CSD announcement. It was
done like a faux-newscast, with two wanna-be anchors. I picked up a
new verb from Bob Palmer, too: "effectuate."
Forget about all those other re-orgs, THIS is the one that will work.
I'll believe it when the Poland Springs cooler is wheeled down the hall.
Jamie
|
92.2170 | | MONTOR::HANNAN | Beyond description... | Fri Aug 12 1994 15:18 | 9 |
| I don't know - that news has been out for a few days now - but I
doubt it.
The other group that also has a 3pm meeting is not in DC, so that
announcement wouldn't apply.
Maybe they'll be distributing the bonus checks ;-)
/Ken
|
92.2171 | | PONDA::64423::BELKIN | i want to tell you | Fri Aug 12 1994 16:59 | 9 |
| re <<< Note 92.2170 by MONTOR::HANNAN "Beyond description..." >>>
> Maybe they'll be distributing the bonus checks ;-)
No, Ken, Palmer will be handing you your first-row tix to the Garden shows.
riiggghhhhhhhtttttttttt.................
|
92.2172 | | TOOK::PECKAR | sleep tight | Fri Aug 12 1994 18:32 | 3 |
|
We're having a communications meeting starting right now. Jean Proulx, our
newly imposed VP is speaking...
|
92.2173 | | WESERV::ROBERTS | | Fri Aug 12 1994 19:30 | 2 |
| so how'd it go, guys?
|
92.2174 | | BIODTL::JC | positive vibration | Fri Aug 12 1994 21:59 | 11 |
| re <<< Note 92.2172 by TOOK::PECKAR "sleep tight" >>>
>We're having a communications meeting starting right now. Jean Proulx, our
>newly imposed VP is speaking...
i blew it off.
it is just a dog a pony pep show, digital style.
|
92.2175 | I left after 15 minutes. | TOOK::PECKAR | sleep tight | Mon Aug 15 1994 14:41 | 4 |
|
> it is just a dog a pony pep show, digital style.
yop, that's all it was...
|
92.2176 | yawn | MONTOR::HANNAN | Beyond description... | Tue Aug 16 1994 14:52 | 10 |
| I wish I could have left after 5 minutes... tough to do in a
conference room with 15 people and a VP though.
Same old same old: another reorg, another vp/manager, another new
realignment, no stability, confusion and questions reign. We still
don't know what the hell we're doing and how to organize to be
successful. I now work for Computer Systems Division as Digital
Consulting no longer exists. Oh, ok... I will try to keep my chin up.
/Ken
|
92.2177 | yo, wazzup widda stock? | SUBPAC::MAGGARD | Integrate! | Wed Aug 31 1994 14:32 | 13 |
92.2178 | to any stock maven out there ...a question | WESERV::ROBERTS | | Wed Aug 31 1994 14:38 | 7 |
|
so if i had ~ shares still at the 6/1 price, and I sold them today
I would make a profit on the sale in that context but is it true that
it is not a profit in the eys of the IRA because the FMV is much
higher?
c
|
92.2179 | | SSGV01::TPNSTN::Strobel | bag it tag it | Wed Aug 31 1994 17:20 | 6 |
| Carol:
I believe the 6/1 FMV was below $25 (around $21.50). The IRS will
still tax you on the difference between your purchase price and the sale
price (i.e., FMV doesn't come into play).
|
92.2180 | | NAC::TRAMP::GRADY | Into the night, an angel to be... | Wed Aug 31 1994 17:37 | 6 |
| BUT...the difference between the purchase price and the FMV on the date
of purchase is included in your W2...and therefore already included in
your gross earnings (so don't add it in again when you do your taxes)...
tim
|
92.2181 | | WESERV::ROBERTS | | Wed Aug 31 1994 20:24 | 4 |
| ok - so i think the FMV was listed at $35 when the 6./1 sale happened
so - that's a major loss or not?
|
92.2182 | | NAC::TRAMP::GRADY | Into the night, an angel to be... | Wed Aug 31 1994 22:01 | 15 |
| No, the fair market value on 6/1 was the average price of the stock on
the NYSE that day. The value of the stock, as a function of the net
assets divided by the number of outstanding shares, is a purely
theoretical number that is used to indicate what the company as a whole
is worth, and to show the discount or premium in the stock price, based
on the Stock Market's perception of the future of the company.
The Stock price shows a discount from the stock value because we've
been in the dumpster for the past five years or so. Basically, the
good news is that the stock is worth more than the going FMV, but the
bad news is that no one in their right mind would pay that much for
it...
tim
|
92.2183 | | BIODTL::JC | don't criticize it | Wed Aug 31 1994 23:08 | 38 |
| re <<< Note 92.2182 by NAC::TRAMP::GRADY "Into the night, an angel to be..." >>>
> No, the fair market value on 6/1 was the average price of the stock on
> the NYSE that day.
this isn't exactly true w.r.t to the ESPP program. the FMV is the average
price that DEC INVESTOR Services traded at during the day, which is not
necessarily the avg FMV price on NYSE. actually, i don't think one
could reasonably calculate the FMV based on NYSE trades... nor is it
very meaningful, imo.
> The Stock price shows a discount from the stock value because we've
> been in the dumpster for the past five years or so. Basically, the
> good news is that the stock is worth more than the going FMV, but the
> bad news is that no one in their right mind would pay that much for
> it...
i don't know how true this is anymore. with that _huge_ restructuring
charge we took, i'd guess our book value is right around $20.00 a share.
often, investors use the "premium to book ratio" as one more variable in
determining
whether or not to buy a stock. companies like novell and wellfleet have
book values less that 50 CENTS a share, yet they are trading at ~$15 and
~$22 a share respectively.
the reason why DEC has risen lately has to do with this one investor who
has a track record of making a lot of money on turn around companies.
apparently, this person, i don't know who it is, recently bought 2M shares
of dec and made a statement saying DEC would be $50 in 12 mos. given this
guy's success record, a lot of other people have bought DEC and bid the
price up --
my pown personal take on DEC is that we _are_ perhaps on the turn around.
last qtr had one good sign: stablization of revenue. i think the jury
is still out now, but, come october, if revenues contninue to stay stable
or grow, and _gasp_ we make a profit, we'll see our share price go to 30+
for those of you in ESPP, we could make some _nice_ money on DEC 1.
|
92.2184 | The other side of life... | SNELL::YOUNG | where is this place in space??? | Thu Sep 01 1994 13:32 | 12 |
| And then again, after closing ABO and tearing products out of KAO to
restructure NIO as the SBU main manufacturing site...we better hope we
having totally f*&ked up the 'high margin' end of the delivery
pipeline...that combined with axing half the field service/sales
support staff may just make the revenue 'death spiral' scenario a
reality....if we show declining revenues and take a loss this coming
quarter watch your stock head to $15...
i guess right now it's an issue of is the glass half empty or half
full...stay tuned at the end of Oct!!!!
Dugo
|
92.2185 | babble babble babble | SUBPAC::MAGGARD | Integrate! | Thu Sep 01 1994 15:20 | 37 |
|
re: Dugo n JC
Does anyone know if the 'lead times' published in Digital Today are accurate
or just overly optimisitc? If the former, then it would be a reasonable
indicator of if the re-org in the SBU is wanker'n the manufacturing
capability, no?
Yesterday afternoon I saw a presentation given by Bob Supnick to SEG (chip
design people @ HLO) at a 'SEG town meeting' several weeks ago. He summarized
the SLT's plan for fixing the company, and gave a compelling reason why we are
indeed on the turnaround, and may see profits as early as Q2, but definitely
by the end of the CY. He also said that they'll axe 20k jobs mostly in the
SBU (same 20k BP has been talkin about). They wanna drop SG&A from ~60% to
<40%... and that's how they'll do it. They also wanna get a (real)
information managing system.
I feel sorry for the sales folks whose accts. aren't in the top 1000. But it
does seem like the senior management of this company has FINALLY gotten the
clue.
Too bad it took 'em so long to believe Pesatori.
After they 'fix' the SBU, they'll 'fix' Digital Semiconductor (aka SCO).
We're ~$130M in the hole (budgeted) this year, and Ed Caldwell has been
ordered to make it $0 in FY96. Chip sales revenue ain't gonna go up that
much, and I don't know if they can get a $100+M cash deal with 'equity
investment' (i.e. renting FAB space). We can, however, hope! ;-)
Anyone see the new Workstation/Server/etc. adds on the Digital Sales WWW page?
Good ads, and they're even letting us meager peons give them feedback before
they publish 'em!! They're doing much better product ID than that
windsurfer/tigers/motorcycles cr@p, IMnsHO! Check 'em out at:
http://art.pa.dec.com/ads/home.html
- jeff
|
92.2186 | Control Costs but by all means grow revenue!!! | SNELL::YOUNG | where is this place in space??? | Thu Sep 01 1994 21:13 | 25 |
| Sorry Jeff, i didn't mean to be cynical to the extreme...i was having
a 'bad hair' day this morning (My pony tail is still too short to tie
back the sides...*;')
The Laser/Blaser line has ramped up here in NIO and they seem to be
maintaining their schedule, so that's a plus on the high end...however,
i've heard they're having some difficulty making commits on the Desk
Top/Desk Side Workstation line in ABO...that hasn't transfered here yet
and won't be here till the end of September (after Q1 close)....
Don't get me wrong...i do beleive that our S&GA costs are just totally
wacked and that that is the area to focus on (FS/Sales) but it's just
the way it's been handled that makes me nervous. Seems they just
kicked people out the door who were working on some pretty key business
without regard to transitioning their work to others...
My read is basically that lobing the heads will gain them some short
term profit as the costs of doing business will fall faster than the
revenue drop due to lost opportunties in the field...but if their not
carefull we'll be a company of 60,000 making $8B in revenue rather than
a company of 80,000 making $12B in revenue...in otherwords....
right back where we started from....and this children is precisly what
is termed the Death Spiral!!!
|
92.2187 | oracle takes RdB | WESERV::ROBERTS | | Fri Sep 02 1994 15:21 | 3 |
| so - how about that oracle agreement to purchase RdB and a buncha
stuff? Kind of a surprise but not totally I guess
|
92.2188 | | SALEM::BENJAMIN | | Tue Sep 06 1994 23:57 | 6 |
| Those workstations that Dugo was talking about, that's my "new"
job here in Salem....I 'm going to ABO next week to train before
we start up here.....I promise to do everything humanly possible
to help your stock go up.....
:-) daveB
|
92.2189 | DEC/Quantum deal | SLOHAN::FIELDS | Ain't gonna worry my life anymore | Thu Sep 08 1994 13:07 | 21 |
| Well as some of you know the Sale of SHR1 & 2 to Quantum and most
of the people in these two sites has come to light and the magic date
for this transfer is Oct 3rd (or there abouts) my time with Digital is
still happening ! by some weird twist of fate I will still be a DEChead
for at least the next 6 months, the twist is I will be working for
Quantum :') in the launch line, doing tooling fixture design/drafting.
this is a new job (rilly an old job of mine) for me :') better yet I
don't have a boss to speak of or a group for that matter ! but I still
will have GRATEFUL !!!!! which by the way was the only worry I had
while I wondered what my fate was going to be in this deal !
I know that there are a few DECheads here in SHR1&2 who will be
leaving DEC or should that read DEC leaving them....anyway I will be
around SHR1&2 (still not sure if I will move to SHR3 but who knows !)
weird times indeed !
Chris
|
92.2190 | | TOOK::PECKAR | sleep tight | Thu Sep 08 1994 15:25 | 2 |
| glad to hear yer gonna still be around fer a while, Chris, also glad to hear
you aint werkin fer Carlos/denise NEmore...
|
92.2191 | Strangest of places | LEDS::TAYLOR | Nothing shakin' | Thu Sep 08 1994 17:44 | 8 |
92.2192 | dizzy days for sure | SLOHAN::FIELDS | Ain't gonna worry my life anymore | Thu Sep 08 1994 18:15 | 17 |
| I'm not sure just where I'll be ! if I stay here (shr1&2) I'm guessing
I will not have access to DEC, at least thats my understanding....but I
will have an account on a DEC system....ah my head hurts just thinking
about this mess ! are they really gonna have 2enets here ? yikes !!!
the best part of my deal is I get a chance to watch Quantum work and if
I don't like what I see (from my point of view) I will most likely go
the job shop route, my health bennies come from Jen's company so no
worry there and hell I don't mind making twice what Im paid now :')
so I bet some of you are saying, "gee Chris why wait ?" well I also
don't mind DEC sending me to a few upgrade classes in UGII and PRO.
and its been awhile since I did some design work with 3d wireframe and
solid modeling, but its coming back quickly. so I kinda get a 6 month
refresher :') lots of options for all the headaches.
Chris
|
92.2193 | | MONTOR::HANNAN | Beyond description... | Thu Sep 08 1994 20:11 | 8 |
| Chris, something to consider is continuance of your time
with DEC if you go to Quantum before the switchover date.
Ie, if you have say, 10 years w/ DEC and 4 wks vaca, you
might continue that if you switch to Quantum now. But if you
wait, you might be a "new employee", complete with 2 (or 3?)
weeks vacation, etc, like starting a totally new job.
/Ken
|
92.2194 | | SLOHAN::FIELDS | Ain't gonna worry my life anymore | Fri Sep 09 1994 13:12 | 10 |
| very true, Ken, but I would make sure if I ever do get the chance or
option to go to Quantum I will not give that up...and right now if I
were to go I'd be looking at 5 weeks (Quantum has a much better deal on
vacation). Quantum has been around since 1980, and the deal is that all
DECies will keep there years of service. which means some of Quantums
new employees will have more time then the company does :')....but there
are still a lot of questions and what ifs to be unearthed in this whole
deal.
Chris
|
92.2195 | i like good news... :^) | STRATA::DWEST | riding on Blaine the Mono... | Wed Sep 14 1994 20:51 | 625 |
|
i haven't seen this in here yet... we're still in the Guinness
Book of Records... passing ourselves in performance! :^)
da ve
From: PONYEX::PONYEX::MRGATE::"MRMTS::SALES::A1::CALDWELL.R E" 7-SEP-1994 18:34:24.98
To: @Distribution_List
CC:
Subj: Alpha AXP Microprocessor Announcement 2
From: NAME: Ed Caldwell
FUNC: Digital Semiconductor
TEL: 225-5036 <CALDWELL.R E AT A1 at SALES at MRO>
To: See Below
Alpha AXP 21164 Microprocessor -- The World's Fastest Chip
Contacts:
Corporate: John Fortune, DTN 225-5856, HLO
HIGHLIGHTS
o World's highest performance microprocessor, featuring speeds greater than
one billion instructions per second (BIPS)
o Ideally suited for servers and high performance client systems
o Uniprocessor Alpha AXP 21164 servers outperform most multiprocessor
servers based on competitive chips
PRODUCT DESCRIPTION
Digital's semiconductor family of Alpha AXP microprocessors has maintained a
performance lead over the competition since 1992 when the Alpha AXP
architecture was launched. The Alpha AXP 21164, the world's fastest
microprocessor, demonstrates Digital's continuing superiority in
microprocessor design and performance. It further underlines the company's
commitment to providing a family of leadership products that offers
increasing performance over technology generations.
The first two Alpha AXP 21164 microprocessors are the Alpha AXP 21164-300MHz
and the Alpha AXP 21164-266MHz. Performance of the 300 MHz chip is estimated
at 330 SPECint92, 500 SPECfp92, and 600 TPS (transactions per second), all
industry records for a single-chip microprocessor. Alpha AXP 21164-266MHz
chip performance is estimated at 290 SPECint92 and 440 SPECfp92.
Alpha AXP 21164 microprocessors incorporate the industry's first two-level,
on-chip cache, including level one 8 Kbyte data and 8 Kbyte instruction
caches and a 96 Kbyte level two unified data and instruction cache. This
advanced design enhances chip performance and eliminates the need for an
external cache in many applications, providing significant cost savings in
many systems.
BENEFITS
Alpha AXP 21164 microprocessors allow manufacturers to deliver server and
client systems that outperform their competitors' products and satisfy their
customers' requirements. The leadership performance of Alpha AXP 21164
microprocessors enables manufacturers to build systems with the simplicity
and low cost of a uniprocessor system while offering performance previously
available only with multiprocessor systems.
With Alpha AXP 21164 microprocessors, manufacturers can build systems
ideally suited for server applications involving multiple databases,
groupware for departments and workgroups, and high-volume transaction
processing. Alpha AXP 21164 microprocessors, running Windows NT, OSF/1, or
OpenVMS operating systems, offer the industry's fastest execution of
demanding client applications such as mechanical and electronic
computer-aided design (CAD), computer-assisted software engineering (CASE),
high performance graphics and imaging, multimedia, voice recognition, and
scientific and financial analyses.
COMPETITIVE ANALYSIS
The Alpha AXP 21164-300 is capable of three times the integer performance
and six times the floating point performance of Intel's 100-MHz Pentium
chip. It delivers more than twice the integer performance and over three
times the floating point performance of the MIPS 200-MHz R4400 chip, and
twice the integer performance and three times the floating point performance
of the PowerPC 604 100-MHz microprocessor.
Vendor Digital Digital Intel PPC
Product 21164-300 21164-266 Pentium PPC604
Frequency(MHz) 300 266 100 100
SPECint92* 330 290 100 165
SPECfp92 500 440 81 160
* Performance numbers are estimates.
CHANNELS
Contact Digital Semiconductor Area Sales Managers:
Richard Riker (508) 568-6827, Northeast (Acting)
Joe Lavalle (408) 496-6591, Northwest
Mike Warren (508) 568-5126, Southcentral
John Reeser (407) 784-3041, Southeast
Pete Rose (612) 934-0260, Midwest
Pat Lubinski (710) 770-4168, Southwest
Or the local sales offices of the following distributors:
Hamilton Hallmark
Pioneer Standard Technologies
Wyle Labs
AVAILABILITY AND ORDERING
Samples of both the 21164-266MHz chip and the 21164-300MHz chip will
be available in October. Volume shipments will begin in January 1995
for the 21164-266MHz chip and in March 1995 for the 21164-300MHz chip.
Order No. Description U.S. List
Alpha AXP 21164 Microprocessor:
21164-300MHZ 300MHz CPU (5K Units) $2,669
21164-266MHZ 266MHz CPU (5K Units) $1,865
SERVICES
Comprehensive support for all Alpha AXP microprocessors is provided through
Digital Semiconductor's Field Application Engineering resources. If a user
is interested in designing with Alpha AXP microprocessors, contact the
following Digital Semiconductor Field Application Engineers:
Laurie Pegrum (508) 568-7143, Northeast USA (Southeast Acting)
Ed Barrett (708) 806-5242, Northcentral USA (Northwest Acting)
Bhanu Nanduri (214) 404-6127, Southcentral USA (Southwest Acting)
Anthony Berent [011] 44 734868716, Europe (located in UK)
John Chang [886] 27 768924, Asia (located in Taiwan)
----------
***************************************************************************
CONFIDENTIAL CONFIDENTIAL CONFIDENTIAL
***************************************************************************
ALPHA 21164 ANNOUNCEMENT
QUESTIONS AND ANSWERS
CORPORATE VIABILITY AND CHIP PRICING
Q1. How can Digital hope to compete as a single vendor in the face of
such formidable alliances such as PowerPC and HP/Intel? It appears
as though the market is all sewn up and Digital is out in the
cold.
A1. Saying that the market is sewn up is extremely
premature. Momentum for Alpha is building. Digital has sold
over a billion dollars in Alpha systems to date. If we were to
spin off all Alpha-related businesses into one corporation,
it would be a Fortune 200 business. Last year, Alpha system
sales increased at a 42% compound quarterly growth rate,
surpassing VAX sales. Growth continues unabated, with
breakthrough Alpha products like the 2100 server
which analysts have called the most significant product from
Digital since MicroVAX II.
We have chosen a different business model from
some of our competitors. As I'm sure you are all aware, alliances do
not always deliver what is initially promised. Some see the
HP/Intel alliance as the deathknell of PA-RISC. We have been
progressing on our plan to capitalize on our excellent
semiconductor technology through a variety of arrangements,
such as the agreement already announced with AMD.
Q2. How can you possibly keep up the investment in R&D and fabs to
compete with the combined resources of such cash-rich competitors?
A2. Digital is firmly committed to maintaining our state-of-the-art
semiconductor fabrication facilities. Our new leading edge
fabrication facility, Fab 6, will take us to beyond the year
2000; most of this investment has already been made. In
addition, capacity is scarce in the semiconductor industry,
especially for such state-of-the-art capabilities.
Our agreement with AMD to manufacture AM486s is an example of
how we can capitalize on our investments in semiconductor
technology and fab capacity.
Q3. How long can Digital keep up this investment level without a major
external vendor?
A3. Digital Semiconductor, our semiconductor business unit, has
been exceeding its planned goals consistently.
Q4. These chip prices are really unbelievable. How can you ever hope
to be competitive?
A4. We have been aggressive with our pricing in the past, and will
continue to be in the future. We are at parity with other
chip manufacturers, such as Intel, in performance measured in
SPECmarks per dollar, yet we deliver three times the performance.
In addition, eighteen months after introduction the original
21064-150 is selling for one-third of its
original price. Our competitors follow similar trends: Intel's
Pentium 66 price was cut almost in half in 14 months.
Q5. What volumes can you achieve long-term with the pricing structure?
A5. With the Alpha AXP 21164, it is possible to build a cacheless
midrange system which would be quite competitive, and offers
the potential for high volume.
Q6. HOW WILL AVAILABILITY OF THE NEW CHIP AFFECT SALES OF CURRENT
21064-BASED SYSTEMS?
A6. This announcement reaffirms that Digital continues on the
leading edge of technological development.
Alpha AXP systems have enjoyed exceptional growth. We expect
this market acceptance to continue. Last quarter, Alpha AXP
systems revenues increased 54% as compared to the previous
quarter and 164% as compared to the comparable quarter one
year ago. Now representing 31% of Digital's systems revenues,
the company has shipped more than 1 billion dollars worth of
Alpha AXP systems since their November, 1992 initial
introduction.
Also, since 21164-based systems are binary compatible with
those based on the 21064 chip, we believe this future growth
path enhances the attractiveness of our current systems.
Q7. DOES DIGITAL PLAN TO IMPLEMENT THE NEW 21164 CHIP IN ITS
SYSTEMS?
A7. Digital's Alpha AXP workstations and servers are the highest
performance and best price/performance systems in the world.
Digital has consistently implemented the most advanced
technologies in these systems. We don't discuss unannounced
products, however.
It's important to note that Digital does not hold back on new
technologies to coincide with the systems product cycles.
Microprocessor components, for instance, are often associated
with lengthy evaluation and design cycles. When new
technologies become available, Digital gives its partners and
prospects as much early information as possible to facilitate
that process.
Q8. How many Alpha chips have you sold externally?
A8. We do not disclose that information.
GENERAL 21164 QUESTIONS
Q9. Setting the speeds at 266 and 300 is only a 10% difference. That's
not standard industry practice. Why did you do it this way?
A9. We are offering our customers a choice of performance
improvements as they become available.
Q10. How much more performance do you see being available from future
variations of the 21164? And when?
A10. We expect the 21164 will offer performance gains similar to
those achieved by the 21064. We cannot speculate on the
timeframe.
Q11. What is the point of billion instructions per second? That is not a
constant number.
A11. Higher peak performance numbers generally translate into
higher sustained performance numbers.
Q12. What are these TPS numbers based on? What application and what
operating system?
A12. The TPS numbers are based on Rdb running on VMS.
Q13. What are the different applications you could run with this chip?
A13. There are currently about 6,000 applications which run native on
Alpha, and will run on the 21164. That is more applications than
Apple offers to run on the Macintosh, for example.
Q14. How fast will applications run under emulation?
A14. On the 21164, emulated Windows applications will run at Pentium level
performance.
Q15. Would a dual processor chipset get you 2X the power of a single chip?
A15. Unlike some of our competitors like x86, the Alpha architecture
scales very well. Therefore, you would achieve close to 2x the power
of a single chip.
Q16. How do software applications work with multiple processor systems?
A16. Most client applications do not take advantage of multiprocessing,
so the performance of the application would be the same as if it were
one chip. Server applications, however, do take advantage of
multiprocessing.
Q17. Is anyone else supporting the chip sets?
A17. Not right now, but we are looking into it.
Q18. How do you deal with cooling a processor that gives off 40 W of
heat? Water cooling?
A18. Digital has extensive experience in thermal cooling. Our package
for the 21164 has an integrated slug which transmits heat
easily, and a selection of well-designed heat sinks. A standard
PC type fan is all that is needed to cool the chip.
Q19. Your SPEC and TPS estimates are based on how big an L3 cache?
A19. 4 Mgbytes, with the 21171 chipset we're announcing.
CUSTOMERS
Q20. When will we see a major vendor sign on to Alpha?
A20. We are in discussion with all the major players in a variety
of industry segments. NT is in the early stages of market
development and our focus now is on growing our Windows NT
Alpha applications. After all, applications drive demand and
tier one customers respond to demand.
MARKETS, OPERATING SYSTEMS
Q21. When you decided to focus on the NT market, why did you choose
to do this?
A21. For external chip sales, most UNIX vendors have already chosen
their RISC architecture; we did not feel there would be a significant
OEM market for VMS. NT is the first CPU-neutral operating systems,
and, according to analyst projections, a significant growth market
in which performance has great appeal. Alpha has leadership
performance.
Q22 Do you see VMS and UNIX as a base that allows you to drive into the
NT market?
A22. We see NT as providing future growth opportunities, VMS and UNIX
are here today.
Q23. It sounds as though you're betting your future as a merchant vendor
on Windows NT taking off. What is the likelihood of that happening
anytime soon?
A23. We understand that the adoption of a new operating system,
like a new architecture, takes time. Industry analysts vary
in their projections. In addition to Alpha microprocessors,
we have industry-leading PCI peripheral chips and a strong foundry
business.
Q24. When considering RISC microprocessors, what criteria should
be considered?
A24. Native application availability is critical to creating end
user demand. Digital is very focused on Windows NT, enabling
us to provide clearer direction and better support to our ISVs.
In addition, Alpha AXP microprocessors provide the highest performance
for the same price as other RISC microprocessors. These factors
have resulted in Digital establishing and leading the industry
in application availability for Windows NT with
more than 1,700 applications committed and more than 700 shipping.
COMPETITION
Q25. Who do you see as the main competition in the application server
market?
A25. UNIX servers and Compaq multi-processing products such as
the ProLiant.
Q26. Who else do you see making an announcement that might approach
this performance?
A26. At this time, nobody. We are committed to maintaining a
sustained performance lead.
Q27. How much faster are you than your competitors, like Pentium and
PowerPC?
A27. The 21164-300 delivers three times the integer performance and six
times the floating point performance of Intel's 100 MHz Pentium,
and twice the performance and three times the floating point
performance of the PowerPC 604 microprocessor.
Q28. From a user's standpoint what are the benefits of Alpha versus
Pentium?
A28. A user would choose Alpha over Pentium for its leading edge
performance. The high performance desktop user will feel the
performance advantage in currently available applications such
as spreadsheets, CAD, CASE, desktop publishing imaging, financial
analysis, and emerging applications such as multimedia, voice
recognition, video conferencing and virtual reality.
Q29. Will Digital eventually replace its Intel PC line with Alpha?
A29. The choice of an Intel PC or an Alpha PC is based on a customer's
computing and business requirements. We see a role for each type of
system in the marketplace.
Q30. What percentage of market share does Digital expect to take away
from Pentium and PowerPC?
A30. We are not taking existing market share from any vendor;
the Windows NT market is a new market currently taking shape.
Our competitive advantages are performance leadership, coupled
with ease of design with industry standard PCI parts and
aggressive competitive pricing.
Q31. From a marketing perspective, how does Digital expect to compete
with Pentium and PowerPC?
A31. Digital will maintain performance leadership in each of its families
of microprocessors.
Q32. Is PowerPC positive or negative for Alpha AXP?
A32. PowerPC helps establish that RISC has a real performance advantage
over the X86 architecture. It suggests to customers that it's
time to consider alternatives to Intel and that Intel's dominance
is no longer guaranteed.
MITSUBISHI ELECTRIC
Q33. Is there another source for Alpha chips?
A33. Yes, Mitsubishi Electric Corporation.
Q34. Do you think you need to have a second source?
A34. Yes, as a merchant vendor it adds credibility.
Q35. Is your second source arrangement with Mitsubishi on track?
A35. Our work with Mitsubishi is on track. Our plan calls for Mitsubishi
to produce their first Alpha AXP chip by the end of 1994.
Q36. When will you have another AXP chip second-source besides Mitsubishi?
A36. As the eighth largest semiconductor manufacturer in the world,
Mitsubishi is well equipped to help us meet market demand for
the Alpha AXP microprocessors. Our strategy is to ensure
that our second source is successful in the market. Signing
up multiple second sources dilutes profitability.
GENERAL ALPHA CHIP
Q37. What is your schedule for producing higher-clock-speed and
lower-clock-speed chips?
A37. Our product roadmap clearly maps out our strategy for all performance
levels. Our goal is to be the high performance leader in each
target market. For example, we have focused very strongly on high
performance with the 21064 and 21164 products.
Last September, we introduced two new chips for low cost, volume
markets: the 21066 for the emerging Windows NT desktop market and
the 21068 for the high end embedded control market. These chips
are based on the core of the existing 64-bit 21064 products and
run at clocks speeds of 166 MHz for the 21066 and 66 MHz for the
21068. This announcement included very competitive pricing for
the new chips as well as the existing 21064-150 MHz and
21064-200 MHz chip and the introduction of a 166 MHZ version of
the 21064 chip.
In July, we announced our plans to open an Alpha AXP
Microprocessor Design Center in Palo Alto, California and a
satellite center in Austin.
DIGITAL SEMICONDUCTOR, BUSINESS UNIT
Q38. Is it true the semiconductor unit is up for sale?
A38. We continue to be open to opportunities that allow us
to maximize our investment in our chip fabrication facilities.
Digital has produced leading-edge microprocessors and semiconductor
products for over fifteen years, and is now providing high
Alpha AXP microprocessors and PCI peripheral chips
to the marketplace.
Q39. How likely is it that Digital will sell some or all of its chip
manufacturing facilities in the near future?
A39. There has been much speculation about our chip business. I would
like to emphasize that the semiconductor business is a core
competency for Digital. We are committed to designing,
manufacturing, marketing and selling high performance semiconductor
products, including Alpha AXP microprocessors and PCI
peripheral chips.
We continue to be open to opportunities that will allow us to
maximize our investment in our chip fabrication facilities.
Q40. Would you either sell your Scotland facility to AMD or have AMD
take on more production responsibilities at the plant?
A40. As you know, Digital will produce chips for AMD at our Scotland
facility. We are open to discussions with AMD about our ongoing
working relationship but have no definite plans at this time.
------------
Pentium is a registered trademark of Intel Corporation.
PowerPC is a registered trademark of International Business Machines
Corporation.
OSF/1 is a registered trademark of Open Software Foundation, Inc.
Windows NT is a trademark of Microsoft Corporation.
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|
92.2196 | sending mail to the 'outside' | WESERV::ROBERTS | | Fri Sep 16 1994 13:45 | 8 |
|
I'm in ZKO and when I want to send mail outside the company, I can
usually use US1RMC or US2RMC ::etc/// . Yesterday and today I can't
get outside using them. Has there been a change that I could probably
find out about myself if I still had the notesfile which kept me up
to date with al that stuff?
carol
|
92.2197 | Don't ask me i'm internet-ignorant..... | SALEM::LEBLANC | ONE in 10,000 that come fer the SHOW | Fri Sep 16 1994 14:00 | 3 |
| carol
i had trouble sending dc e-mail on the internet..i got an error
message returned to me...maybe the 2 are related?
|
92.2198 | What's the error message? | NECSC::LEVY | A song that's born to soar the sky | Fri Sep 16 1994 14:03 | 7 |
| What specific problem do you have? Just saying "I can't get outside using
them" doesn't help us much if we're trying to help you figure out what is
wrong.
US3RMC is working ok from here, BTW.
dave
|
92.2199 | | SLOHAN::FIELDS | Ain't gonna worry my life anymore | Fri Sep 16 1994 14:16 | 6 |
| I sent mail to Lisa yesterday using US1RMC no problems, but a few days
ago I got some type of errors sending mail to the slowhand digist but
it still made it there...I could put the error messsage I got in here
if you want to compare...
Chris
|
92.2200 | | WESERV::ROBERTS | | Fri Sep 16 1994 14:23 | 5 |
| well just saying i had trouble seemed to mean something to some people
and I was redirected to DECPA I believe.
thanks for your help everyone
carol
|
92.2201 | | WESERV::ROBERTS | | Fri Sep 16 1994 14:31 | 6 |
|
yeah - Chris - i was able to send to lisa also up until late yesterday.
My understanding about this stuff is that different geographical areas
in DEC may have different gateways which work better than others.
|
92.2202 | somehow I do understand what happened | SLOHAN::FIELDS | Ain't gonna worry my life anymore | Fri Sep 16 1994 14:45 | 4 |
| well I took a better look at those errors...I was sending a message to
a distrabution list mailer and the errors I got were not being able to
reach some people on the list not getting my message to the dis.list
mailer...huh ? :')
|
92.2203 | may not have been you.... | QUARRY::petert | rigidly defined areas of doubt and uncertainty | Fri Sep 16 1994 15:39 | 7 |
| Carol,
I think there were also some problems with ZKO routing in general.
Chances are it might work again if you did the same thing today. I usually
use internet style address from OSF/1 and don't much worry about nodes in
the route unless I'm sending to internal sites.
PeterT
|
92.2204 | news on the work front... | SLOHAN::FIELDS | Ain't gonna worry my life anymore | Thu Sep 22 1994 13:53 | 10 |
| Hi gang, after weeks of confuzzion I guess I figured out just where Im
going here in DEC, SHR3 ! Im getting booted out of SHR1 next tuesday,
so I'll be back in SHR3 on wed.....I always like that building anyway
:')
and I'm proud to announce that SLOHAN is now a stand alone system !
(un-clustered) :') neat !
Chris
|
92.2205 | | STAR::HUGHES | Samurai Couch Potato | Thu Sep 22 1994 14:39 | 3 |
| So I guess the next step is "SLOHAN, Unplugged"...
gary
|
92.2206 | SOLD!!! | ROCK::FROMM | This space intentionally left blank. | Thu Sep 22 1994 18:34 | 62 |
| <forwards deleted>
From: NAME: Press Releases
FUNC:
TEL: <PRESS AT A1 at SALES at MRO>
To: See Below
FRANKLIN LIFECARE CORPORATION TO PURCHASE DIGITAL MILL FACILITY
>From Anthony J. Bongiorno, Franklin Lifecare Corporation, (508) 897-1100
Nikki Richardson, Digital Equipment Corporation, (508) 493-6369
MAYNARD, Mass. -- September 22, 1994 -- Franklin Lifecare Corporation and
Digital Equipment Corporation today announced that they have signed a
purchase and sale agreement for the Mill complex located at 146 Main Street
in Maynard, Massachusetts.
Franklin Lifecare Corporation is a for-profit, Massachusetts-
based company that was formed specifically to create an integrated elder
care campus at the Mill site. The campus, which will be renamed Mill Pond
Village, is expected to be developed in accordance with a master plan that
would ultimately provide housing, health care, education and medical
research services for the elderly. The development of Mill Pond Village is
projected to take five years and cost between $20 million and $50 million.
Digital and Franklin Lifecare expect to close on the purchase of the site
by early November. Current Mill employees will continue to be relocated to
other Digital-owned facilities with the expectation that two-thirds of the
Mill will be vacated by the end of December. Digital has arranged to lease
back space from Franklin Lifecare during the interim.
Anthony J. Bongiorno, president and CEO of Franklin Lifecare Corporation,
commented, "We are very excited to have acquired the Mill property for this
development. The principals of Franklin Lifecare bring years of experience
and expertise in the areas of real estate development and construction,
project financing and health care services to this project. But just as
important, we are an organization composed of individuals with roots in
this area. As a result, we are sensitive to the traditional values and
needs of the town of Maynard and we are proud to embark upon this project
that will bring a new use to the Mill site by creating a residential
village that will also serve as a center for a continuum of specialized
elder services."
"The Mill has played an important role in the history of both the town of
Maynard and Digital," said Nancy Salustro, Digital's Mill Reuse Program
Manager. "It has had two full and useful business lives: first, as a source
of production for the Assabet Mills and American Woolen Company and second,
as headquarters for Digital Equipment Corporation. We are pleased that this
ambitious project will introduce yet another use for these buildings."
Digital Equipment Corporation is the world's leader in open client/server
solutions from personal computing to integrated worldwide information
systems. Digital's scalable Alpha AXP platforms, storage, networking,
software and services, together with industry-focused solutions from
business partners, help organizations compete and win in today's global
marketplace.
####
Note to Editors: Digital, the Digital logo and Alpha AXP are
trademarks of Digital Equipment Corporation.
CORP/95/649
|
92.2207 | | SLOHAN::FIELDS | Ain't gonna worry my life anymore | Thu Sep 22 1994 18:58 | 2 |
| cool ! so any old mill rats wanna take a final stroll through the halls
of the old building ? I do !
|
92.2208 | | AKOCOA::SMITH_D | On this harvest moon | Fri Sep 23 1994 17:27 | 4 |
|
A stroll around the Mill is a grand idea!!!
A little peice of my history there.
|
92.2209 | salary freeze? | ROCK::FROMM | This space intentionally left blank. | Mon Oct 03 1994 12:47 | 72 |
| <><><><><><><><> T h e V O G O N N e w s S e r v i c e <><><><><><><><>
Edition : 3166 Monday 3-Oct-1994 Circulation : 5732
VNS MAIN NEWS ..................................... 39 Lines
VNS COMPUTER NEWS ................................. 220 "
VNS TECHNOLOGY WATCH .............................. 22 "
For information on how to subscribe to VNS, ordering backissues, contacting
VNS staff members, etc, send a mail to EXPAT::EXPAT with a subject of HELP.
VNS COMPUTER NEWS: [Tracy Talcott, VNS Computer Desk]
================== [Nashua, NH, USA ]
Digital - Waves golden goodbye. Two top executives benefit.
{The Boston Globe, 30-Sep-94, p. 81}
As Digital Equipment lays off thousands of employees, it is offering a
maximum of 12 weeks' salary as severance pay. But the company was far more
generous to two top executives who resigned after brief stints, spending
$1 million on "golden handshake" settlements.
Edward E. Lucente, widely considered the No. 2 executive, was given a
$650,000 settlement when he left the company after one year on the job.
Analysts had blamed Lucente in part for a stall in Digital's turnaround
plan, and his departure came only days after the company announced a
surprisingly large $183 million loss for the first three months of 1994.
Digital granted a $350,000 settlement to Gresham T. Brebach Jr., head of the
company's consulting business, who left in August after 16 months with the
company.
The payments are reported in a proxy the company released recently for
fiscal year 1994, which ended in July. Digital lost $2.16 billion during the
fiscal year and is laying off 20,000 workers in an attempt to regain profits.
The settlement agreements prevent Lucente and Brebach from competing against
Digital at other companies. "The company believed it was appropriate under
the circumstances," Nikki Richardson, a Digital spokeswoman, said of the
payments.
Because of Digital's poor performance last year, directors on the
compensation committee left chief executive Robert P. Palmer's salary
unchanged for 1995 at $900,000.
Palmer, however, had received a 20% raise at the start of fiscal year
1994. In all, salaries for the top six officers rose that year by 82%, in
part because some officers took on significant new responsibilities.
Four top officers were also granted stock options that have risen in value
in recent months by $2.1 million, creating paper profits that in some cases
exceed their salaries. Stock options are a "major component" of executive
pay packages, the compensation committee said, because "the compensation
vehicle closely aligns the interests of management with those of
shareholders."
The committee granted options for 120,000 shares to Palmer at an
exercise price of $19.56.
A recent run-up in Digital shares has given Palmer a paper profit of
$832,000. Digital shares closed yesterday at 26 1/2, down 1/4 on the New York
Stock Exchange.
Vice president Enrico Pesatori was granted options last fiscal year for
75,000 shares. In addition, Pesatori's salary rose last year by 149% to
$569,242. The head of Digital's personal-computer unit, Pesatori in April
was given the additional job of managing the company's computer systems
business, which is responsible for half of Digital's sales.
William D. Strecker, vice president and chief technical officer, was
granted options for 50,000 shares. His salary last year rose 20% to $427,891.
Vice president Charles F. Christ was granted 60,000 shares. His salary rose
3% last year to $315,016.
<><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><>
For information on how to subscribe to VNS, ordering backissues, contacting
VNS staff members, etc, send a mail to EXPAT::EXPAT with a subject of HELP.
Permission to copy material from this VNS is granted (per DIGITAL PP&P)
provided that the message header for the issue and credit lines for the
VNS correspondent and original source are retained in the copy.
<><><><><><><><> VNS Edition : 3166 Monday 3-Oct-1994 <><><><><><><><>
|
92.2210 | it just doesn't make sense to me | ROCK::FROMM | This space intentionally left blank. | Wed Oct 19 1994 16:49 | 9 |
| DEC 31 5/8, change +2 1/4; DJIA unknown, change unknown at 13:33.
Report entered at Wed Oct 19 13:31:25 1994.
imagine what will happen on wall street if we ever actually make money ?
(quarterly results were just anounced, another ~$100 million loss, i already
deleted that message so i don't remember exactly how much)
- rich
|
92.2211 | next quarter we'll seethe quantum money and the RDB money and feewer employees again.... | GODSON::DWEST | but i play one on tv... | Wed Oct 19 1994 18:28 | 12 |
|
actually, it makes a fair anmount of sense... this is like 3
successive quarters now of revenue growth... big growth in Alpha
revenues... big growth in PC's... 4K less employees but many left so
late in the quarter that there's not much impact in this quarters
numbers... a lot of the folks i talked to said we took a number of
financial hits this quarter, basically sacrificing it to make next
quarter look that much better... the cost cutting continues adn now
revenue is growing too... that's what the street likes... they figure
we're on the right track...
da ve
|
92.2212 | | ROCK::FROMM | This space intentionally left blank. | Wed Oct 19 1994 18:32 | 7 |
| >a lot of the folks i talked to said we took a number of
> financial hits this quarter, basically sacrificing it to make next
> quarter look that much better...
i thought we did that LAST quarter
- rich
|
92.2213 | can't hurt ! | SLOHAN::FIELDS | Ain't gonna worry my life anymore | Wed Oct 19 1994 18:38 | 6 |
| very true da ve.....they left on the last day of the quarter.
and I'd guess the $$ DEC got from Quantum for the sale will show up
next quarter also...plus the fact that Quantum is paying us big bucks to
keep the site running for the next 2 quarters....hey Im a DEC person
whos sole income is from Quantum, as I will be working full time for
them over the next 6 months. (unless they hire me outright !)
|
92.2214 | | NAC::TRAMP::GRADY | Into the night, an angel to be... | Wed Oct 19 1994 20:49 | 10 |
| Well, I heard there was an accounting trick that reduced the loss by
$60 million, so it should have been $190 instead of $130...
Also, I noticed the A/R figure was almost as much as the revenues, at
$2.8 Billion, and 80+ days old! Not too cool there either...
But, overall, it wasn't bad, and hey - the stock jumped over 30!!!
tim
|
92.2215 | | LTSLAB::IDE | My mind's lost in a household fog. | Thu Oct 20 1994 11:23 | 17 |
| It doesn't matter how we perform, what matters is how we perform in
relation to what was expected of us by analysts. The analysts'
predictions are usually wrong, but that's not important. The stock
price could drop precipitously after the Q2 results, even if we turn a
profit, if that profit isn't as big as anticipated. The mechanics are
no different than your friendly neighborhood poker game (where's my
Nobel prize).
On another subject, most of us will soon be getting a cut in benefits,
which translates into a pay cut. Almost all the Mass. based HMOs are
not raising their rates for next year, but our health insurance costs
are going up. That is, Digital is reducing the amount it contributes
for our health plans. The powers-that-be probably thought they could
sneak this by since everyone is inured to annual increases, but the
lack of rate hikes this year has gotten a lot of press.
Jamie
|
92.2216 | fwiw... i doubt anyone REALLY kows... :^) | GODSON::DWEST | but i play one on tv... | Thu Oct 20 1994 12:22 | 6 |
| re Tim,
i also heard that the "accounting trick" was largely offset by another
one time loss regarding disposition of assets and that it was pretty
much a wash...
da ve
|
92.2217 | | AWATS::WESTERVELT | Tom | Thu Oct 20 1994 13:44 | 4 |
|
The Glob's article today has a headline - to the effect that
Digital's results are promising.
|
92.2218 | promise me, please | SLICK1::OSTIGUY | | Thu Oct 20 1994 13:49 | 6 |
| >The Glob's article today has a headline - to the effect that
>Digital's results are promising.
yahh, promising what ??!! Wes_who_is_moving_from_SHR1_(Quantum)_to_
SHR3_today_and_is_packing_like_crazeeee
|
92.2219 | | DELNI::DSMITH | On this harvest moon | Thu Oct 20 1994 16:52 | 10 |
|
Most companies, even after one single 100+M loss, would be out o'
business, never mind that we've been losing progressively for how long
now??? (aside from one miracle quarter a year or two ago)
I am shocked at any positive reactions, but nonetheless, mildly
encouraged.
Being here in NAC is a delightful change. The attitude here is
positive, busy and accountable. I'm impressed.
|
92.2220 | Break out the smoke and mirrors! | DELNI::DSMITH | On this harvest moon | Thu Oct 27 1994 11:49 | 10 |
|
Bob Palmer is going to be in the our cafe tomorrow.....they're up
there now setting up....Lot's of people running around putting up
lights and huge television screens.
I'm kinda laughin....they should have B.P. make his initial
appearance emerging from an explosion "Yes, we only lost a couple
million this quarter, Digital, it isn't just for breakfast
anymore!" (applause). ;-)
|
92.2221 | | NAC::TRAMP::GRADY | Stop The Violins. | Thu Oct 27 1994 12:46 | 11 |
| They're acting like we're being visited by President Clinton, for
Chrissakes. Nonsense. Times like this, I miss Ken, hanging out in the
hallway talking to folks like we were real human beans.
When does the marching band show up? Anybody still have one of those
old Nixon Halloween masks? :-/
tim
P.S. Only a couple million? $131 million? Only?
|
92.2222 | | DELNI::DSMITH | On this harvest moon | Thu Oct 27 1994 12:57 | 6 |
|
Yes, just yesterday I was speaking with an engineer whose been here
a long time.....he said there were many days where K.O. would
pop into his lab, role up his sleeves and join right in the
experiments that were going on.....pretty neat if you ask me!
|
92.2223 | | XLIB::REHILL | Call Me Mystery Hill | Thu Oct 27 1994 20:50 | 11 |
| I used ot have an office on the first floor of MRO1. It was a floor to
ceiling office, with my name on the door. (I got it because I was the
only one in the group in this building). Every Monday, Ken would have
a meeting here, in an effort to bail out the VAX 8600. At 3:30 every
Monday, Ken would walk down the hall, look into my office, say
"Hi Jim". I'd answer "Hi Ken", and he would walk on....it was
interesting at the very least.
Probalby time for Probs to tell us about dinosaurs, now....
|
92.2224 | Ouch! | NECSC::LEVY | A song that's born to soar the sky | Fri Oct 28 1994 10:40 | 7 |
| > Probalby time for Probs to tell us about dinosaurs, now....
...and I thought you were a friend. I can't talk about dinosaurs, but I
can say that you look real cute in a bikini! You have the picture to prove
it, too!! :-)
dave
|
92.2225 | | DELNI::DSMITH | On this harvest moon | Fri Oct 28 1994 14:09 | 8 |
|
Just got back from B.P.'s concert at club digital....now I know
why all the hype....
Salary freeze was lifted this morning and left to the discretion of
each business unit!
Nothin left to do but :-) :-) :-)
|
92.2226 | | DELNI::DSMITH | On this harvest moon | Fri Oct 28 1994 14:20 | 4 |
|
Also, there is a new line of Digital ad's that are really pretty
good, featuring Lennie Kravtitz (sp?) on guitar....Somewhat impressive
and attention getting ads.
|
92.2227 | | WESERV::ROBERTS | climb a ladder to the stars | Fri Oct 28 1994 14:51 | 4 |
|
yep those ads are pretty cool. Hell has our number!
|
92.2228 | a little news from COMDEX | ALFA2::DWEST | but i play one on tv... | Wed Nov 23 1994 13:20 | 63 |
|
hi all...
first, thanks for not noting too much while i was away... (gee da ve,
did you go someplace? we hadn't noticed! :^) or once it didn't take
me too long to get caught up coming back from a couple weeks out of the
file...
second, yes, i was away... the new job took me to the trade-show-from-
HELL (and yes, they have our phone number), COMDEX in Las Vegas... so
i thought i'd throw a quick note in talking about some of the stuff
that happened at the show... bacuase MOST OF IT IS WAY COOL FOR DEC!
(er, digital :^)
digital had a huge booth at the show this year... one of the biggest
of all the companys that were represented... not sure of the total
floor space but i beliee the main booth was about 40,000 sq feet... we
also had a smaller booth inthe north hall and spaces upstairs for
meetings and showing products under nondisclosure agreements...
traffic through the booth was awesome! i don't have any numbers
specifically but the show drew close to 200,000 people to the city
and represented a new record attendance...
customers that i spoke with were really jazzed to see us thre with such
presence... i got lots of comments to the effect of "this will make it
easier for me to justify staying with dec" and "i guess you guys aren't
out of business after all eh?" "sure looks like you plan on sticking
around" and "looks lke you guys are really turning the corner and
coming out of it"... people were genuinely psyched to see the new
products and some really awesome technology displays...
if you haven't seen digital today yet, we also won some awards! the
new mutia multi-client desktop NT machine won best new system... the
cluster NT technology demo was named most significant technology
advance... the new notebooks were nominated for an award but
appartently didn't make the finals, and i believe the demi-sable server
machines were also finalists inthe best system category... if traffic
in the booth wasn't heavy enough, winning the awards caused even more
folks to come by and see what all the fuss was about!
thre were a couple of different press events and customer events that
garnered us some good press... during the show we also heard that one
of the stock houses on wall st had changed us to a "buy" based in part
on the news coming out of the show on new products... everything
seemed to work out real well... as good as, or better than hoped...
my part in all this was rather small, working the semiconductor portion
of the booth (about 1/8 of the total main booth area)... i was there
for just under two weeks and most of what i saw of Vegas was the inside
of the convention center (so much for the glamorous life of travel and
trade shows! :^)... still, it afforded a much different view of the
company, seeing us more the way the customer does and getting some
direct feedback and interaction with the folks who buy our products...
also, a first hand look at how our marketing focus is shifting and
we're becoming more aggressive and "in your face" with our
competition...
all in all a very p[ositive experience... we have some awesom products
out there, and some really dedicated folks who are still willing to put
in long hours to make things happen the way thatthey are supposed to...
made me feel really good about being a deccie again... :^)
da ve
|
92.2229 | | AWATS::WESTERVELT | run like an antelope | Wed Nov 23 1994 13:55 | 4 |
|
What a relief to read positive news, thanks for the post!
Happy T-Day, y'all
|
92.2230 | | GRANPA::TDAVIS | | Wed Nov 23 1994 13:58 | 1 |
| Great News, perhaps with New TV ads, we can show we are still alive.
|
92.2232 | | DELNI::DSMITH | Snowless mogulfield blues | Wed Nov 30 1994 13:37 | 2 |
|
There is a DEChead investments topic isn't there?
|
92.2233 | Vote for the new official WWW home page | ASLAN::GKELLER | Congressional Gridlick is a good thing | Wed Nov 30 1994 14:26 | 53 |
|
I N T E R O F F I C E M E M O R A N D U M
Date: 29-Nov-1994 05:59pm EST
From: Readers Choice
CHOICE.READERS AT A1 at SALES at MRO
Dept:
Tel No:
TO: See Below
Subject: #11702-Internet News
From: Mick Schonhut, SALES::SCHONHUT, DTN 297-2652
You are invited to participate in selecting the final design for Digital's
new-look Home Page for our public World-Wide Web server.
Design Goals:
Our goal in redesigning the Digital Home Page was to find a style that presents
Digital in a more interesting way, using graphics, icons and colors consistent
with the Digital Branding effort, while maintaining a reasonable user access
time.
We believe the overall design optimizes the use of graphics and colors, and
would like to hear your comments and suggestions about these pages.
You can review and vote on the three different designs by accessing the
following URL with your Web browser:
http://www-iu.mro.dec.com/public/voting/intro.html
**** Please vote before 5pm EST on 5th December 1994. ****
Thanks in advance for your help and feedback.
Corporate Communications' Internet Program Team
Distribution:
You received this message because you subscribed to Internet News in Readers
Choice. To add or delete your name from this list use the VTX keyword
PROFILE. For Canadian subscribers at your ACCESS main menu, select option #10
for News/Information Service and then option #7 for Readers Choice. If you
have questions, please send mail to Readers Choice @MRO or
SALES::READERCHOICE.
UNIX Users:
- to send VAXmail: READERCHOICE@SALES.enet.dec.com
- to send ALL-IN-1: READERS.CHOICE@MRO.mts.dec.com
|
92.2234 | How did we end up getting so organized??? | SMURF::PETERT | rigidly defined areas of doubt and uncertainty | Wed Nov 30 1994 14:39 | 7 |
| Moved a bunch of stock related notes over to the Dechead investing
note, 387. Let's keep this all together, eh???
;-)
PeterT
|
92.2235 | clues for the web-challenged? | ALFA1::DWEST | but i play one on tv... | Thu Dec 01 1994 16:02 | 7 |
| is there a note in here anyplace where it outlines how to access some
of the web stuff? i haven't ever done it myself and it looks like i
may actually have soem work related reasons to be doing so...
i'm interested in what would be required for hardware, software,
how-to's, etc... basically "web access for morons" if it exists...
da ve
|
92.2236 | internet_tools notesfile | NECSC::LEVY | Pentium envy | Thu Dec 01 1994 16:03 | 3 |
| Check the above-mentioned conference...or buy me lunch. :-)
dave
|
92.2237 | thanks! | ALFA1::DWEST | but i play one on tv... | Thu Dec 01 1994 16:11 | 3 |
| hmmm... maybe even both! :^)
da ve
|
92.2238 | Internal helpline for Web and Internet questions | ROCK::FROMM | This space intentionally left blank. | Thu Dec 01 1994 16:33 | 22 |
| From Russ Jones in the Internet Business Group:
Tim Horgan's group is now staffing an Internet hotline and an Internet help
desk for internal employees trying to get access to the Internet. They can
help with everything from using email to talk with customers on the Internet
to getting a Web browser to work.
This help desk can be reached at:
WWWHELP @MRO (All-In-1)
or USCTR1::WWWHELP (VAXmail)
or WWWHELP@USCTR1.ENET.DEC.COM (from UNIX)
Please try to reach them first via email so that they can better manage/track
calls but if you are in a real hurry, please contact:
Lance Tucker @DTN 297-5239
or Lawrence Lee @DTN 297-5831
Please forward this on to others that might benefit from this service.
- Russ
|
92.2239 | Mosaic for VMS/Motif | SUBPAC::MAGGARD | Integrate! | Thu Dec 01 1994 17:38 | 26 |
|
Da ve...
If you're running on VMS with a windoze terminal or some such, do a copy *.*
of the following to a local disk and read the 00_README.TXT for directions on
how to configure it:
Directory DISK$SUB_USER2:[MAGGARD.PUBLIC.MOSAIC]
00_README.TXT;2 3/3 15-NOV-1994 19:10:02.69 (RWED,RWED,RE,RE)
DECOMPRESS.EXE;1 9/9 13-AUG-1993 07:09:41.00 (RWED,RWED,RE,RE)
LAB.GIF;1 66/66 18-JAN-1994 17:22:47.75 (RWED,RWED,RE,RE)
MOSAIC.COM;7 1/3 15-NOV-1994 19:06:52.07 (RWED,RWED,RE,RE)
MOSAIC.DAT_COLOR;1 14/15 26-NOV-1993 08:38:39.00 (RWED,RWED,RE,RE)
MOSAIC_V24A_VAX.EXE;2 1044/1044 7-NOV-1994 13:29:19.00 (RWED,RWED,RE,RE)
MPEGPLAY1X_VAX.EXE;9 124/126 17-DEC-1993 15:22:14.00 (RWED,RWED,RE,RE)
MPEGPLAY_VAX.EXE;1 123/123 17-DEC-1993 10:26:48.00 (RWED,RWED,RE,RE)
VDCOMP.EXE;1 25/27 13-AUG-1993 07:10:15.00 (RWED,RWED,RE,RE)
XMOSAIC-SETUP.COM;28 7/9 10-NOV-1994 10:19:39.43 (RWED,RWED,RE,RE)
XV_VAX.EXE;1 1309/1311 13-AUG-1993 08:21:08.00 (RWED,RWED,RE,RE)
Total of 11 files, 2725/2736 blocks.
-jeff
|
92.2240 | Definitely get into Mosaic or something similar like... | QUARRY::petert | rigidly defined areas of doubt and uncertainty | Thu Dec 01 1994 18:09 | 11 |
| Check out to see if there is a copy of Netscape (pronounced 'Mozilla', don't
ask me why ;-) available for VMS. Just started using this interface and
it seems a bit nicer than Mosaic. For one, when reading in inlined images,
it will show any text it grapped on the way first, and will fill in the
image as it gets it, rather than waiting for everything like Mosaic (or
at least the one I'm familiar with). There was some funky stuff I had to
set up before I got it working though. Something about proxy (as I understood
it, which port to go look up).
PeterT
|
92.2241 | | STAR::HUGHES | Captain Slog | Thu Dec 01 1994 18:29 | 4 |
| Nope, no Mozilla for VMS yet, although is apparently supposed to
happen. See internet_tools...
gary
|
92.2242 | i'm still running Mosaic. | ROCK::FROMM | This space intentionally left blank. | Thu Dec 01 1994 20:14 | 6 |
| > Nope, no Mozilla for VMS yet
no Netscape for VAX-VMS, Alpha-VMS, or Ultrix. there is one for Alpha-OSF,
however.
- rich
|
92.2243 | this place still amazes me sometimes... :^) | ALFA1::DWEST | but i play one on tv... | Thu Dec 01 1994 20:37 | 15 |
| thanks very much everybody for all the responses! i'm outta here in a
few minutes to hike mt adams with GerryG this weekend so i'll look into
this more next week...
the machine in my office is a DECpc XL466d2... this is probably what
i'd be using as far as the Unix or VMS stuff goes, (though i am using
eXcursion to do VMS stuff if that matters inthis discussion)... from
what limited understanding i have now, Netscape sounds like the first
tool to get my little paws on...
thanks again to everyone who has caled or written for all the contacts
and info so far!! you people are awesome!
da ve
|
92.2244 | | STAR::HUGHES | Captain Slog | Thu Dec 01 1994 21:11 | 6 |
| Yup, running Netscape (Mozilla) on your peecee is probably the way to
go. It is the best of the various Windows browsers, assuming you are
running windows on the peecee (me, I use WebExplorer on OS/2...
someone's got to be different)
gary
|
92.2245 | | SUBPAC::MAGGARD | Integrate! | Fri Dec 02 1994 04:57 | 12 |
|
Netscape for the PeeCee is nice!
Much better than Mosaic... ...'specially for 14.4k cslip.
Netscape needs an IP driver like Trumpet Winsock or whatever will link the PC
to local IP. It could be ugly in a Pathworks PC. Xcursion might have some
widget for it tho...
- jeff_net_goober
|
92.2246 | | STOWOA::JOLLIMORE | goes to show ya don't ever know | Fri Dec 02 1994 11:04 | 5 |
| i don't think you need eXcursion to run Netscape (or mosaic) on a
peecee. but you will need pathworks and an ip address.
eXcursion allows you to run X sessions on a vax using
pathworks/decnet. i use eXcursion to run mosiac on a vax. my
peecee is in a hidden area and has only decnet.
|
92.2247 | RUMOR: Motorola to buy Digital's SQF (S. Queensferry, Scotland) wafer fab | ROCK::FROMM | This space intentionally left blank. | Fri Dec 02 1994 13:02 | 45 |
| <rest of forwards removed...>
From: NARFVX::FRANCINI "And whither then? I cannot say. 01-Dec-1994 1442" 1-DEC-1994 14:50:29.73
To: @inside
CC:
Subj: Motorola to buy Digital's SQF (S. Queensferry, Scotland) wafer fab
[from Electronic Times, typed in from a PostScript image of a scan of the
(wrinkled & blurry) pages. This is file compression at its best: 1500 blocks of
information boiled down to about 4 or 5... -- jjf]
Motorola to buy Digital's South Queensferry fab
by Nick Flaherty
Digital Equipment is on the verge of selling its wafer fab at South Queensferry,
Edinburgh, to Motorola.
Sources at Motorola say the deal is expected to be signed today (Thursday), but
would not comment on the price.
Motorola has been increasing its capacity over the last two years to meet
demand, buying fabs from Western Digital and Harris, building labs in Austin,
Texas, and using foundries around the world.
The South Queensferry fab will not follow the traditional Motorola naming system
of MOS1 to 15, but is expected to be a fab for specialist products similar to
Motorola's COM1 and 2 fabs in Phoenix, or its SMART 1 and 2 smart power fabs.
Motorola says the existing contracts at the site with AMD to make 486s and with
Mitsubishi to make the second source of Alpha chips will be honored. But
Motorola is looking to put its own process technology into the fab, which could
include BiCMOS.
AMD says it has a good working relationship with the major semiconductor
vendors, and, if there were to be a change in ownership of the fab, it was
confident that the supply would not be affected in the short term.
AMD has signed a deal with Taiwanese factory TSMC to make 486s, and expects to
have one million devices from the company this year. Next year, that will be
increased to 10 million and will replace the supply from South Queensferry.
Digital Equipment in the US would not comment on the deal.
[end]
|
92.2248 | or did I miss sumthin???? | SUBPAC::MAGGARD | Integrate! | Tue Jan 03 1995 16:30 | 5 |
|
Does anyone know when the Q2 results get announced?
- jeff
|
92.2249 | | SSGV02::TPNSTN::strobel | Jeff Strobel | Tue Jan 03 1995 16:34 | 1 |
| I believe results will be out around the 18th.
|
92.2250 | just guessing... | ROCK::FROMM | This space intentionally left blank. | Tue Jan 03 1995 16:35 | 6 |
| >Does anyone know when the Q2 results get announced?
isn't there typically about a 3 week delay between the end of the quarter and
the announcement of the results?
- rich
|
92.2251 | | ALFA2::DWEST | but i play one on tv... | Tue Jan 03 1995 16:36 | 1 |
| re -.1 yes, with a longer delay at fiscal year end...
|
92.2252 | | BIODTL::JC | don't criticize it | Tue Jan 03 1995 17:16 | 9 |
| typically, third thurs after the qtr close, which is about the 19th.
it'll start to leak on that tues... weds it'll become more firm, thurs
the results are out.
anyone wanna guess?
i say $30M loss, 2% revenue growth, stock jumps to the 35-38 range.
|
92.2253 | Hell Has Our Phone Number | ROMEOS::QUACKENBU_KI | | Tue Jan 03 1995 18:16 | 9 |
|
I say Bob walks out for the press announcement of our earnings to
<REAL> Lenny Kravitz music, tells 'em that Hell has our phone number
but the line was busy because we actually broke even in the quarter
with mild revenue growth.
Kip (Mardi Gras Anyone?)
|
92.2254 | holy profit batman! | ROCK::FROMM | This space intentionally left blank. | Wed Jan 18 1995 12:33 | 245 |
| Worldwide News
LIVE WIRE
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Digital reports second quarter profit (18-Jan) Date: 18-Jan-1995
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Page 1 of 4
Digital reports second quarter profit
Digital today reported net income of $18.9 million, or 7 cents
per common share, for the second quarter which ended Dec. 31, 1994,
compared with a net loss of $72.1 million, or 53 cents per common
share, for the same period last year.
Total operating revenues for the quarter were $3.473 billion, up
seven percent from the $3.254 billion reported for the comparable
quarter a year ago.
Gross margin for the quarter was 33.1 percent, compared with 30.2
percent for the previous quarter and 36.1 percent for the comparable
period a year ago.
Total operating expenses decreased to $1.117 billion from $1.240
billion, or 10 percent, compared with the same period last year.
The balance sheet continued to strengthen and Digital ended the
quarter with $1.132 billion in cash.
The corporation completed the quarter with 65,600 employees -- a
reduction of 21,900 positions, or 25 percent, over the past 12 months.
Robert B. Palmer, president and chief executive officer said,
"Digital reached one of its most aggressive interim goals: achieving
operating profitability by the end of the 1994 calendar year.
"The changes we have made over the past two years -- and most
significantly over the past six months, especially with respect to our
core systems business -- have resulted in revenue growth and a much
improved cost structure," Palmer said. "Going forward, management will
continue to focus on these priorities: sustainable profitability,
continued cost discipline, generation of cash from operations, and
revenue growth. I am confident that we are on the right track toward
building a vital, energized and profitable Digital," he said.
Product revenues increase
Product revenues were up 13 percent in the quarter to $1.870
billion from $1.660 billion in the second quarter of the previous year.
This represents the third consecutive quarter of year-over-year product
revenue growth. Service revenues were $1.603 billion, up slightly from
the $1.594 billion reported in the similar period last year.
Palmer said product orders showed strong growth in the quarter --
the fourth consecutive quarter of year-over-year growth.
"Demand for our industry-leading 64-bit Alpha systems,
Intel-based personal computer systems, network hardware and software
products and storage subsystems continued to be strong," he said. "We
recorded growth in both our domestic and international markets,
including very strong growth in our Asia/Pacific operations. In
addition, our European operations made excellent progress in
restructuring business operations and positioning for profitable
growth."
Palmer went on to say, "Alpha systems revenues grew more than 150
percent over the prior year, driven in part by strong demand for our
AlphaServer and AlphaStation product families, while personal computer
revenue growth continued to be among the industry leaders."
FOR DIGITAL INTERNAL USE ONLY
Worldwide News
LIVE WIRE
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Digital reports second quarter profit (18-Jan) Date: 18-Jan-1995
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Page 2 of 4
Gross margins stabilize
Vincent J. Mullarkey, vice president and chief financial officer,
said, "We were able to stabilize gross margins in the first quarter and
have managed solid improvements, especially in the product area, in the
second quarter compared to the prior two quarters. Our gross margin
improvement program continues to have a favorable impact on our
financial results."
Product gross margin was 30.5 percent, compared with 25.5 percent
in the first quarter of fiscal 1995 and 33 percent in the comparable
period last year. Service gross margin was 36.1 percent compared with
35.5 percent in the first quarter of fiscal 1995 and 39.2 percent in
the comparable period last year.
During the quarter, the corporation reduced its population by
about 8,200 positions, or 11 percent, from 73,800 employees at the end
of the first quarter to 65,600.
Mullarkey said Digital continued to increase the portion of the
company's revenues generated through indirect channels. In the
quarter, 58 percent of product revenue was generated through indirect
channels, compared with 43 percent in the same quarter a year ago.
New product lines introduced
During the quarter, Digital introduced new AlphaStation and
AlphaServer lines that incorporate advanced 64-bit microprocessor
technology with PC-style advantages. More than 6,400 applications are
available, with a choice of operating systems including DEC OSF/1
(UNIX), OpenVMS, and Windows NT.
In addition, the company unveiled its Pentium-based Prioris HX
line of highly-scalable PC servers along with two Digital HiNote
notebook families that redefine style and usability for mobile computer
users.
In November, Digital won two prestigious "Best of Comdex" awards.
Digital won "Most Significant Technology" for its demonstration of
Clusters for Windows NT servers and was honored in the "Best System"
category for its new Multia Multiclient Desktop. The company also was
a finalist with its AlphaServer 2100 4/275 system.
Also in the fall, Digital was chosen to manage the worldwide
client/server infrastructure for the Microsoft Network.
OPERATING RESULTS FOR THE THREE MONTHS ENDED
DECEMBER 31, 1994 JANUARY 1, 1994
(Q2 FY95) (Q2 FY94)
Product Sales $ 1,869,993,000 $ 1,659,924,000
Service & Other Revenues 1,603,266,000 1,594,155,000
Total Operating Revenues 3,473,259,000 3,254,079,000
Cost of Product Sales 1,300,280,000 1,112,292,000
Service & Other Expense 1,025,036,000 968,473,000
Total Cost of Sales 2,325,316,000 2,080,765,000
Research & Engineering 248,096,000 330,948,000
FOR DIGITAL INTERNAL USE ONLY
Worldwide News
LIVE WIRE
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Digital reports second quarter profit (18-Jan) Date: 18-Jan-1995
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Page 3 of 4
Selling, General & Admin. 869,157,000 908,688,000
Net Interest Expense 8,101,000 3,327,000
Income/(Loss) Before
Income Taxes 22,589,000 (69,649,000)
Provision for Income Taxes 3,707,000 2,495,000
Net Income/(Loss) $ 18,882,000 $ (72,144,000)
Dividend on Preferred Stock 8,875,000 ---
Net Income/(Loss) Applicable to
Common Stock 10,007,000 (72,144,000)
Weighted Average Shares
Outstanding 144,998,947 136,028,383
Net Income/(Loss) Per Common Share $ .07 $ (.53)
SIX MONTHS ENDED
DECEMBER 31, 1994 JANUARY 1, 1994
Product Sales $ 3,522,644,000 $ 3,216,928,000
Service & Other Revenues 3,073,087,000 3,052,099,000
Total Operating Revenues 6,595,731,000 6,269,027,000
Cost of Product Sales 2,530,946,000 2,093,707,000
Service & Other Expense 1,973,708,000 1,912,350,000
Total Cost of Sales 4,504,654,000 4,006,057,000
Research & Engineering 535,884,000 645,665,000
Selling, General & Admin. 1,705,524,000 1,780,895,000
Net Interest Expense 17,801,000 5,750,000
Loss Before Income Taxes &
Cumulative Effect of Change
in Accounting Principle (168,132,000) (169,340,000)
Provision for Income Taxes 8,059,000 6,031,000
Loss Before Cumulative Effect
of Change in Accounting
Principle (176,191,000) (175,371,000)
Cumulative Effect of Change in
Accounting Principle (64,503,000) 51,026,000
Net Loss $ (111,688,000) (226,397,000)
Dividends on Preferred Stock 17,750,000 ---
Net Loss Applicable to
Common Stock (129,438,000) (226,397,000)
Weighted Average Shares
Outstanding 142,692,716 135,519,380
Loss Per Common Share
Before Cumulative Effect of
Change in Accounting Principle $ (1.36) $ (1.29)
Earnings Per Common Share on Cumulative
Effect of Change in Accounting
Principle .45 (.38)
Net Loss Per Common Share $ (.91) $ (1.67)
SELECTED BALANCE SHEET/CASH FLOW DATA - Q2FY95
FOR DIGITAL INTERNAL USE ONLY
Worldwide News
LIVE WIRE
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Digital reports second quarter profit (18-Jan) Date: 18-Jan-1995
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Page 4 of 4
BALANCE SHEET:
CASH & CASH EQUIVALENTS........................ $ 1,132,178,000
ACCOUNTS RECEIVABLE, NET....................... 2,918,332,000
A/R DAYS SALES OUTSTANDING 76 DAYS
INVENTORIES: RAW MATERIALS...............$621,381,000
WORK-IN-PROCESS............. 511,405,000
FINISHED GOODS.............. 993,931,000
TOTAL......................... 2,126,717,000
PREPAID EXPENSES AND DEFERRED INCOME TAXES..... 335,330,000
TOTAL CURRENT ASSETS.............. 6,512,557,000
NET PROPERTY, PLANT & EQUIPMENT................ 2,648,303,000
OTHER ASSETS, NET.............................. 459,871,000
TOTAL ASSETS................................... 9,620,731,000
BANK LOANS AND CURRENT PORTION OF LTD.......... 7,993,000
ACCRUED RESTRUCTURING COSTS.................... 888,610,000
TOTAL CURRENT LIABILITIES...................... 4,202,481,000
NONCURRENT DEFERRED INCOME TAXES............... 4,758,000
LONG-TERM DEBT................................. 1,010,811,000
POSTRETIREMENT AND POSTEMPLOYMENT BENEFITS .... 1,171,852,000
TOTAL LIABILITIES.............................. 6,389,902,000
STOCKHOLDERS' EQUITY........................... 3,230,829,000
BOOK VALUE PER COMMON SHARE........................ $ 19.30
NON U.S. REVENUES .............................QTR 2,264,661,000
OR 65%
YTD 4,191,991,000
OR 64%
EMPLOYEE POPULATION ........................... 65,600
FOR DIGITAL INTERNAL USE ONLY
|
92.2255 | | DELNI::DSMITH | We'd make great pets! | Wed Jan 18 1995 13:08 | 4 |
|
That's delightful news!!!!
Now howsabout a raise, dammit??????
|
92.2256 | | BIODTL::JC | Green is the colour | Wed Jan 18 1995 13:25 | 6 |
| stock up to 38 5/8 or so, probably close at 38-41 today.
in anticipation of lame results, i dumped 82 chares yesturday
at 36 3/4. i should manage a contrarian fund! still have
plenty of shares to go though. glad to be in ESPP again this round.
btw, .07/sh profit is on the high-end of wall st. estimates.
|
92.2257 | and the stock is slowly sliding down after yesterday's initial rise | ROCK::FROMM | This space intentionally left blank. | Thu Jan 19 1995 13:01 | 18 |
| Taking a closer look at the results, I don't think that they look quite as
rosy. Selected numbers and a comparison (the third column I added):
OPERATING RESULTS FOR THE THREE MONTHS ENDED
DECEMBER 31, 1994 JANUARY 1, 1994 Difference
(Q2 FY95) (Q2 FY94) (Q295 - Q294)
Total Operating Revenues 3,473,259,000 3,254,079,000 219,180,000
Total Cost of Sales 2,325,316,000 2,080,765,000 244,551,000
Research & Engineering 248,096,000 330,948,000 (82,852,000)
Net Income/(Loss) $ 18,882,000 $ (72,144,000) 91,026,000
Sure, our revenues went up, but it cost us $245M more to bring in an additional
$219M. Seems like the major difference in our overall performance was due to
slashing Research and Engineering. That may give good performance in the
short term, but it doesn't bode well for a long term strategy, imho.
- ricH
|
92.2258 | The thong remains the thame... | HAZEL::YOUNG | where is this place in space??? | Thu Jan 19 1995 13:37 | 16 |
| ...and if your wondering why the stock dropped on the good financial news
yesterday, this just in as of January 19 - Chicago Tribune
" Digital Equipment rallied early in the day after an upbeat earnings
report, but the buying turned to selling as analysts disected the re-
port and found profits inflated by currency exchange gains "
Also, Bob was on NPR last night saying he expected the employee
population to be down to 60,000 by the end of this fiscal year, a 10%
cut from this last quarters numbers.
Looks like the 'rightsizing process' is still ongoing.
th-ugo
|
92.2259 | | SUBPAC::MAGGARD | Mail Order Wives | Thu Jan 19 1995 14:43 | 22 |
| > ... Seems like the major difference in our overall
> performance was due to slashing Research and Engineering. That may give
> good performance in the short term, but it doesn't bode well for a long term
> strategy, imho.
I don't know if I agree with you, Rich. (yeah I know, what else is new :-)
"Slashing" engineering was necessary, IMO. There were far too many engineers
compared to the number of new products created (and money made with those new
products). Also, cost of sales increase as volumes increase (more raw
materials, more people to manufacture the products, etc.). As long as there
are groups within Digital that are still losing money (e.g. Digital
Semiconductor), the overall financial situation of Digital will never really
be rosy.
re: long term strategy
Does Digital have one?
- jeff
|
92.2260 | but i still think the stock will climb in the long term | ROCK::FROMM | This space intentionally left blank. | Thu Jan 19 1995 16:32 | 9 |
| >cost of sales increase as volumes increase (more raw
>materials, more people to manufacture the products, etc.).
what about economies of scale? as your volumes increase, sure, your absolute
cost will go up a bit, but shouldn't the cost per unit go down? i see
something wrong when a given increase in revenue increases costs by a larger
amount.
- rich
|
92.2261 | | LASSIE::TRAMP::GRADY | Stop The Violins. | Thu Jan 19 1995 17:10 | 9 |
| It depends on whether we're on the downhill side of the
cost of sales...i.e. there's a cost ramp-up to handle
the increased volume which only gradually diminishes as
sales increase. Hiring, training, capital equipment,
etc...eventually, economies of scale come into play, but
it doesn't necessarily show up proportionatel to sales.
It's not a smooth curve.
tim
|
92.2262 | | SSGV02::STROBEL | Jeff | Fri Jan 20 1995 12:47 | 7 |
| The cost of product sales is also a mix issue. Digital (like everyone
else) continues to derive more of its revenue from lower margin
products like PC's, workstations and such while allowancing away
software to "leverage' system sales. IMO the former is a fact of the
market, the latter is, in many instances, leaving money on the table.
jeff
|
92.2263 | | LASSIE::TRAMP::GRADY | Stop The Violins. | Fri Jan 20 1995 13:29 | 14 |
| Allowancing software may seem like leaving money on the table, but just
like the PC industry, there is significant pressure on software pricing
thanks to the shrinkwrap mentality of the customer base. So many
customers know so little outside of their little PC, that they can't
imagine why a major software product should cost more than $1000.
Ever. It's a limitation in the customer's understanding, but it's
reality.
"Your C compiler on the Alpha 7000 costs $12,000? Hell, I can get
Borland C on my 486/66 for $500 - you guys have a lot of nerve charging
those outlandish prices for your software! Get with it!"
tim
|
92.2264 | | SSGV02::TPNSTN::strobel | Jeff Strobel | Fri Jan 20 1995 16:13 | 16 |
| My sticking point is that, we need to do a better job determining what
software we need to allowance (re. -.1 Tim's point) versus where we have a
competitive advantage but allowance because we've institituted a blank
program of x% on all software.
Digital's actually done a good job at addressing your second point, Tim,
re: the $12k license vs the $500 pc based license. For a couple of years
we've been offering personal use and concurrent use licenses for compilers
and other products priced comparably (last I looked, I've been out of that
work for a year) with the pc offerings. The shortcoming is that the field
has never been adequately trained and/or incented to sell this license type
nuf of my ramblings
jeff
|
92.2265 | The secret of our success last quarter | ROCK::FROMM | This space intentionally left blank. | Tue Jan 24 1995 16:59 | 19 |
| <forwards deleted>
From: 56453::eje "Eric James Ewanco" 23-JAN-1995 17:03:47.36
CC:
Subj: Fwd: Digital's newfound profits
>From InfoWorld, 23-Jan-1995, page 114:
"And speaking of natural disasters, Digital Equipment Corp., in the
latest issue of its inForm magazine for VAX and alpha users, lists the tech
support order line as "800-DIGITAL [(800) 344-3825]." Of course the correct
letter-to-number conversion is (800) 344-4825. The 3825 number is a phone
sex service. Maybe that's how Digital posted a profit last quarter."
# __ __ Eric James Ewanco
# IC | XC eje@irenaeus.dechub.lkg.dec.com
# ---+--- Software Engineer, Networks Engineering
# NI | KA Digital Equipment, Littleton MA
|
92.2266 | | CXDOCS::BARNES | | Tue Jan 24 1995 17:08 | 1 |
| HAAAAAAA!!!!!!!!!
|
92.2267 | This is not good... | HAZEL::YOUNG | where is this place in space??? | Tue Jan 24 1995 18:16 | 1 |
| Figures...hell has our number and we sell sin...i can see the RR now!
|
92.2268 | | LASSIE::TRAMP::GRADY | Stop The Violins. | Tue Jan 24 1995 18:16 | 1 |
| Yeah, I guess hell really does have our number...;-)
|
92.2269 | | BIODTL::JC | Green is the colour | Wed Jan 25 1995 18:18 | 2 |
| i heard that the PC business at DEC is losing money, not making it.
can't remember where i read this tidbit.
|
92.2270 | Forecast looks very good.. | CSLALL::LEBLANC_C | Please don't dominate the rapJACK | Wed Jan 25 1995 18:20 | 4 |
| PCSI is doing rather well JC
Just got absorbed by another division who may actually dump some
capital into the business..not treat us like some bastrd child...
chris
|
92.2271 | No Clue...Cut the VP's and their salaries... | HAZEL::YOUNG | where is this place in space??? | Wed Jan 25 1995 19:47 | 4 |
| Bob in his comments on the last quarter said that the "PC and Systems
business were not profitable 'yet'"....
Makes me glad we're modeling everything we're doing on the PC business...
|
92.2272 | | DELNI::DSMITH | We'd make great pets! | Thu Jan 26 1995 12:48 | 7 |
|
Larry Walker responded to a question about the PC Business in our
quarterly.....I think his answer was on the grounds that they may
need to re analyze the business sizing. That would kinda suck!
On the other hand, the PC business just took on a lot of folks
from the COE's, I think it will take a quarter or two to adapt
to this change.
|
92.2273 | dead horse shirt? | WECARE::ROBERTS | climb a ladder to the stars | Fri Feb 10 1995 15:52 | 9 |
|
At ZKO : who's the guy in the 'dye ? :-) more specifically, who are
you - you were in the caf at ZKO today and you have on a very nice
shirt which says "Dead Horse" which apparently is a bar in Brat, Vt?
Go ahead - tell me we've already met and embarass me.
carol
|
92.2274 | older guy with a paunch and glasses perhaps??? | SMURF::PETERT | rigidly defined areas of doubt and uncertainty | Fri Feb 10 1995 16:00 | 12 |
| Carol,
It's not me! I'm working from home ;-)
But, there is one rather colorful individual that occassionaly
runs around in a tie dye at ZKO, and can't be mistaken because
he also has a wild shock of hair (what's left of it ;-) and
beard. That would be Jon "maddog" Hall, who, as far as I know,
is not a GRATEFUL memeber, and may not even be a Deadhead,
but he certainly looks the type.
PeterT
|
92.2275 | | WECARE::ROBERTS | climb a ladder to the stars | Fri Feb 10 1995 16:02 | 6 |
|
welp - i'd be a poor witness since alls i can remember is that he
has dark longish hair and is prob around 30 like everyone else is in
here :-)
|
92.2276 | | DELNI::DSMITH | We'll make great pets | Fri Feb 10 1995 19:57 | 4 |
|
That Dead Horse makes ya feel just like that....
A dead horse!
|
92.2277 | i just flew in and boy are my arms tired... :^) | ALFA2::DWEST | but i play one on tv... | Fri Feb 17 1995 18:14 | 25 |
| for all you heads who may (or may not) be travelling on United Airlines
during the month of April, be sure to check out the in-flight video
entertainment stuff... Digital Semiconductor will be there!!! :^)
thre a segment called "Bundy's Window" (er, something like that...
i think i butchered the poor guys name!!) and he covers a lot of
business and technology stuff... well, i just spent my morning running
demos and generally helping out with the taping and stuff here in
HLO... (look for the demos... the hand starting the machine on the
right is me.. :^)... an Alpha PC going against a unnamed competitors
machine and, of course, blowing it's doors off in the benchmarks...
anyway, thre's performance demos and an interview with Bill Johnson,
out VP of Semiconductor Sales and Marketing... check it out.. should
be cool...
also, just got back from three weeks of on-the-road customer seminars
in southern cal, silly valley and tejas... lots of interest in
digitals semiconductor products and very well recieved by our
customers, partners etc... hard work and long days, but fun stuff
too...
some days, i really like my new job... :^)
da ve_the_hig_tech_roadie_and_
marketing_grunt_from_hell :^)
|
92.2278 | humbled again... :^) | ALFA2::DWEST | but i play one on tv... | Fri Feb 17 1995 21:10 | 7 |
| ha! Bundy's Window... :^) one might expect to see Al and Peg
looking back... :^)
the show is Bunting's Window, as i've just been told by one of my
fellow groupies... :^)
da ve
|
92.2279 | | DELNI::DSMITH | We'll make great pets | Wed Feb 22 1995 19:09 | 7 |
|
Good God, Here we go again......another 2000 people, possibly said
and done by next Friday. :-(
And I thought things were going well with todays Networks success
sharing policy announcement. :-/
|
92.2280 | Bad Mgmt., like mean people, suck! | SUBPAC::MAGGARD | Mail Order Wives | Wed Feb 22 1995 19:27 | 15 |
| > Good God, Here we go again......another 2000 people, possibly said and done
> by next Friday. :-(
Some of 'em are Human Resources folks, or so I hear...
HLO is already too lean w/r/t HR. I think it's time to start letting the
business units be businesses units. We should be able to decide who and how
much admin support we want to meet our business needs, and shouldn't have to
listen to MSO tell us what they think we need.
If Ed Caldwell (VP Digital Semiconductor) is responsible for our business,
then he outta have the authority to be able to run it like it needs to be run.
- jeff's_opinion
|
92.2281 | | GRANPA::TDAVIS | | Wed Feb 22 1995 19:33 | 2 |
| Out in the field, I am not hearing that 2K number, when will it
ever end?
|
92.2282 | | DELNI::DSMITH | We'll make great pets | Wed Feb 22 1995 19:42 | 11 |
|
My information is coming in from leakage primarily....a most
unexpected announcement I'd say.
General and Administrative definition will definitely encompass
more than just Human Resources (Finance, Purch..etc). This is also
"Worldwide" deal which is somewhat enlightening.
I'm concerned about this one, first time in a while I've had to
worry.
|
92.2283 | believe it if you need it | SUBPAC::MAGGARD | Mail Order Wives | Wed Feb 22 1995 20:06 | 6 |
|
This from a note in ::DIGITAL...
> 2000 from SG&A. 650 from IM&T.
- jeff
|
92.2284 | | STOWOA::JOLLIMORE | Food for a crow | Thu Feb 23 1995 10:56 | 1 |
| we're gonna break it beyond the point of repair. :-\
|
92.2285 | | DELNI::DSMITH | We'll make great pets | Fri Feb 24 1995 13:38 | 7 |
|
This layoff announcement is rather upsetting.
I certainly hope this isn't the way we pay for that gigantic salary
increase pool going on.
Cornnuts I say!!!!! Cornnuts!!!!
|
92.2286 | | BIODTL::JC | Green is the colour | Fri Feb 24 1995 16:26 | 15 |
| re <<< Note 92.2285 by DELNI::DSMITH "We'll make great pets" >>>
>
> Cornnuts I say!!!!! Cornnuts!!!!
what exactly to you mean here mon?!?!?!
layoff?????? this is the first i've heard of it.
we have 7 freakin' open REQs... for hire outside no less!
|
92.2287 | | WILLEE::OSTIGUY | | Fri Feb 24 1995 16:32 | 3 |
| for a reality check, log into VTX_JOBS, and you'll see many functions
with "no positions available" including my finance world.... oh boy,
such encouraging news....
|
92.2288 | woooops | WILLEE::OSTIGUY | | Fri Feb 24 1995 16:34 | 3 |
| ahh, make that VTX JOBS_US
Wes
|
92.2289 | it's a joke, son | WECARE::ROBERTS | climb a ladder to the stars | Mon Mar 20 1995 15:42 | 78 |
|
Some of you will say you resemble this article (posted without
permission_but_it_is_not_a_joke_even_though_it_reads_like_one) :
Sofware - How Software Companies Die {Windows Sources, March 1995, p. 208}
The environment that nutures creative programmers kills management and
marketing types - and vice versa.
Programming is the Great Game. It consumes you, body and soul. When
you're caught up in it, nothing else matters. When you emerge into daylight,
you might well discover that you're a hundred pounds overweight, your
underwear is older than the average first grader, and judging from the number
of pizza boxes lying around, it must be spring already. But you don't care,
because your program runs, and the code is fast and clever and tight.
You won.
You're aware that some people think you're a nerd. So what? They're not
players. They've never jousted with Windows or gone hand to hand with DOS.
To them C++ is a decent grade, almost a B - not a language. They barely
exist. Like soldiers or artists, you don't care about the opinions of
civilians. You're building something intricate and fine. They'll never
understand it.
BEEKEEPING
Here's the secret that every successful software company is based on: You
can domesticate programmers the way beekeepers tame bees. You can't exactly
communicate with them, but you can get them to swarm in one place and when
they're not looking, you can carry off the honey.
You keep these bees from stinging by paying them money. More money than
they know what to do with. But that's less than you might think. You see,
all these programmers keep hearing their fathers' voices in their heads
saying "When are you going to join the real world?" All you have to pay
them is enough money that they can answer (also in their heads) "Geez, Dad,
I'm making more than you." On average, this is cheap.
And you get them to stay in the hive by giving them other coders to swarm
with. The only person whose praise matters is another programmer.
Less-talented programmers will idolize them; evenly matched ones will
challenge and goad one another; and if you want to get a good swarm, you make
sure that you have at least one certified genius coder that they can all look
up to, even if he glances at other people's code only long enough to sneer at
it.
He's a Player, thinks the junior programmer. He looked at my code. That
is enough.
If a software company provides such a hive, the coders will give up sleep,
love, health, and clean laundry, while the company keeps the bulk of the
money.
OUT OF CONTROL
Here's the problem that ends up killing company after company. All
successful software companies had, as their dominant personality, a leader who
nurtured programmers. But no company can keep such a leader forever. Either
he cashes out, or he brings in management types who end up driving him out, or
he changes and becomes a management type himself. One way or another,
marketers get control.
But...control of what? Instead of finding assembly lines of productive
workers, they quickly discover that their product is produced by utterly
unpredictable, uncooperative, disobedient, and worst of all, unattractive
people who resist all attempts at management. Put them on a time clock, dress
them in suits, and they become sullen and start sabotaging the product. Worst
of all, you can sense that they are making fun of you with every word they
say.
SMOKED OUT
The shock is greater for the coder, though. He suddenly finds that alien
creatures control his life. Meetings, Schedules, Reports. And now someone
demands that he PLAN all his programming and then stick to the plan, never
improving, never tweaking, and never, never touching some other team's code.
The lousy young programmer who once worshiped him is now his tyrannical boss,
a position he got because he played golf with some sphincter in a suit.
The hive has been ruined. The best coders leave. And the marketers,
comfortable now because they're surrounded by power neckties and they have
things under control, are baffled that each new iteration of their software
loses market share as the code bloats and the bugs proliferate. Got to get
some better packaging. Yeah, that's it.
|
92.2290 | You got it there! | TRLIAN::DUGGAN | BornInTheDesert,RaisedInTheLionsDen | Mon Mar 20 1995 16:38 | 9 |
| RIGHT ON, SISTER!
I've been there too many times ... fortunately my boss here is a
software type who shields me from most of the cr@p...
I've quit companies, sometimes within hours of the exact same change
you've described.
...Michael Thomas Duggan, Master Programmer and sys$hacker
|
92.2291 | | TRLIAN::DUGGAN | BornInTheDesert,RaisedInTheLionsDen | Mon Mar 20 1995 17:11 | 6 |
| A case in point: A programmer at the company my brother works at got
involved in a heavy project for several months. REALLY involved...although
he dimly noticed his wife was getting a little chubby, it came as a MAJOR
shock to him when she went into labor!
|
92.2292 | | CXDOCS::BARNES | | Mon Mar 20 1995 17:46 | 2 |
| what a geek!!! although not a true programmer, cause he obviously did
not forsake love, as the article says...%^)
|
92.2293 | | SUBPAC::MAGGARD | Mail Order Wives | Thu Apr 13 1995 15:12 | 10 |
|
AAAAAUUUUUUURRRRRGH!!!!
Yo, WTF's up with Dilbert?!
The SRC no longer carries it, and the new page it points to doesn't do daily
updates!!!!
- jeff_jonesin_for_the_D-man!
|
92.2294 | | OUTPOS::EKLOF | Waltzing with Bears | Thu Apr 13 1995 16:11 | 9 |
| Apparently, United Media (who syndicates Dilbert) wanted to create their
own W3 site, and figured Dilbert would be a big draw. They've stopped other
electronic distribution. Apparently as a sop to the paper crowd, the Dilbert
strips that show up on the W3 site are one week old. They seem to be updated
daily, but the one that showed up today would be the one from last Thursday's
newspaper. I think it's a pretty poor stunt, myself. I think the URL is
http://www.unitedmedia.com/ but I'm not certain.
Mark
|
92.2295 | Just a uiz to see if you're up to par | SALEM::MARTIN_S | Perpetual Smile... | Thu Apr 13 1995 17:07 | 11 |
|
They uickly and uitely uit elctronically distributing
the uintissential nerd comic strip?
Those ueers won't uit, will they?
Dilbert-Head-Steve-O
|
92.2296 | | WECARE::ROBERTS | climb a ladder to the stars | Thu Apr 13 1995 17:17 | 2 |
|
yowch :-)
|
92.2297 | | STAR::HUGHES | Captain Slog | Thu Apr 13 1995 17:42 | 3 |
| Yqu need tq install that ECQ tq get yqur 'q' back....
gary
|
92.2298 | ramble ramble | BIODTL::JC | Green is the colour | Fri Apr 14 1995 01:08 | 44 |
| yesturday, i got invited to go to my VP's staff meeting - specifically
the part on compensation. i've been asking about stock options lately.
actually our VP conducted some small focus group meetings and i asked
her why we don't have any opts these days, espec. since there's very
high attrition and the up-side potential is good for dec stock. back
then she said she'd find out, about 3 wks ago. well, i sent mail to her
asking what's up, and the next day, i get a call from one of her
dudes asking me to come to her staff mtg. so, i get there, in the
glouster CR @ lkg. big wooden table, big chairs, lots of people with
suits and ties, etc. i was early, grabbed a seat up front. vp sits
next to me... she already knows me from the last meeting plus some other
past things. so this guy talks about fy96 compensation plan. today,
we have a system that is based mostly on salary, very little on bonuses
and incentives. for the future, we're going to see a less percentage
of our compensation pkg as salary and more based on incentives, like
cash bonuses. maybe stock if you're a star contributor or you're a mgr.
this doesn't mean you're gonna get a "de-raise"... in the future, you
may see less raises, and more bonuses. so, hopefully this will happen
and we will see bonuses later this year... maybe by december. then there
was another part of the mtg, still based on compensation. lots of
attrition in software engineering ranks. outside companies are paying
big $$$ for engineer 'cuz there's a real supply problem for programmers.
i know it first hand 'cuz we have 7 (SEVEN) open reqs for engineers.
we're hitting the colleges and man, these kids are in HIGH demand. kids
coming out of school will command mid-to-high 30s out of school. amazing
what supply problems does to the cost of human resources. anyways, dec's
mgrs don't have much to fight with... raises are grim, and these
offers are topping their dec salaries by as much as 10k, and i've heard
even better than that. i really feel for the mid mgmt of this company.
they have no tools avail to fight for their best people. i liken it
to someone who's put in the middle of the lake and they can't swim. it
is almost sad... one of the most intense mtgs i've seen in a long time
and Mr. Compensation guru who was presneting the fy96 plan said nothing...
dec's gotta pay the $$ to keep the best. i figure my worth outside dec
goes up 10% / 6 mo right now. i've got the skills that the smaller
companies die for: WNT, multiplatform, team leader (i have 20 or so on my
team now spread across 4 states in 3 time zones!!), c++, PC, networking,
etc... the fat cats at the top need to listen to the mid-mgmt and give
up some of their incentives to the places that need it most.........
another late night here. next 2 weeks are gonna be brutal as i try to
pull together the biggest challange/release (and its only beta!) of my
history....! should be fun. if you like an intense envionment working on
the some of the best shit in the industry, we're it!! WNT will outsell
UNIX by the end of this year. scary thought.
|
92.2299 | | NAC::TRAMP::GRADY | Subvert the dominant pair of dimes | Fri Apr 14 1995 02:08 | 31 |
| >WNT will outsell UNIX by the end of this year. scary thought.
No way. Not on Alpha. OSF/1 nee Digital UNIX is growing
astronomically now, and the 8200/8400/Oracle strategy will only
make that bigger. Numbers I've heard show Unix growth far faster
than WNT or VMS, percentage wise - and that means WNT can't be
outselling it.. Besides, WNT is somebody else's O/S - not
ours...so there's no real future in it here - not in the long run.
WNT is still too green...give it a couple years and it'll give UNIX
a real run for the money, but not yet - UNIX has never been a real
contender technically anyway. As a former O/S developer, Unix is a
joke (like DOS, but funnier looking) - making it into a commercial
operating system was only an afterthought, after all. I'd like to
see WNT overwhelm Unix, but I think it'll take a little longer than
this year, on our systems, or on any of them - hell, there's more
Unix on Intel than WNT, I'm sure...and there will be for awhile.
And I'm realllll curious to see what Windows/95 shows up
with...maybe they'll finally do something right with that one.
It always amazes me that the two most popular operating systems in
the world, both in raw numbers and in the enthusiasm of their poor,
misguided fans, are the two biggest losers on the market: Unix and
DOS. Pfeh.
I'm in a Unix internals class starting 4/26 - my sixth operating
system (RDOS, RSTS/E, RSX, TOPS-20 and VMS) in 18 years - ought to
be interesting...
tim
|
92.2300 | | DELNI::DSMITH | We'll make great pets | Fri Apr 14 1995 14:44 | 4 |
| >contender technically anyway. As a former O/S developer, Unix is a
>joke (like DOS, but funnier looking) - making it into a commercial
UniX XuX's!!!
|
92.2301 | OS/s I have known and loved (and some I didn't) | TRLIAN::DUGGAN | BornInTheDesert,RaisedInTheLionsDen | Fri Apr 14 1995 15:01 | 18 |
| yeah... i've been having an argument with my brother who works for
H-P... he says things like "stop whining and be a man... learn UNIX..."
I say things like "If Unix ever grew up I wouldn't mind it... it's a
toy, always was a toy, always will be a toy...
...mike (only on my eleventh O/S by now)
DOS/360
OS/360
VM/CMS
NOS/BE
LTSS
CTSS
RSTS
RT-11
RSX-11S&M
VMS
DOS for PC's (love it when the acronyms start repeating themselves!)
|
92.2302 | no facts, just passing along what i hear... | ALFA2::DWEST | but i play one on tv... | Fri Apr 14 1995 17:28 | 20 |
| well, not that i'm really in a position to know for sure, but i
wouldn't be the least bit surprised if WNT outsells Unix this year...
maybe not in Alpha and maybe not on our boxes, but NT has been making
incredible gains onthe desktop and in servers... on the trade show
circuit (at least the ones we're working on in DS) NT is everywhere...
it didn't take off as fast as Microsoft might have hoped, but it's
buiolding some incredible momentum and vendors seem to be warming up to
the idea of NT as the "hardware independent" OS...
not that i know, but that's sure the way it feels to this trade show
road warrior... NT is getting awful popular on the desktop...
as for Win95... well, the word i get is don't get your hopes up...
again, not that i'm in a position to know, but the word i get is that
the first release is less than ideal and a lot of big corp customers
may not want to dela with it til the next release... as one of the
visitors to our booth at WinHEC put it "remember it's still Microsoft,
where quality is release x.1"...
da ve
|
92.2303 | WNT rules | BIODTL::JC | Green is the colour | Fri Apr 14 1995 20:23 | 33 |
| re <<< Note 92.2299 by NAC::TRAMP::GRADY "Subvert the dominant pair of dimes" >>>
>>WNT will outsell UNIX by the end of this year. scary thought.
>
>No way. Not on Alpha. OSF/1 nee Digital UNIX is growing
>astronomically now, and the 8200/8400/Oracle strategy will only
>make that bigger. Numbers I've heard show Unix growth far faster
>than WNT or VMS, percentage wise - and that means WNT can't be
>outselling it.. Besides, WNT is somebody else's O/S - not
>ours...so there's no real future in it here - not in the long run.
I don't know where your source of information is Tim, but everything
i've read says WNT _will_ outsell UNIX (all UNIXes combined) by
year end, and by 1998, WNT will have a larger install base than unix.
i got my information from the WSJ not too long ago -- like last month,
and many of the trade rags same the same thing; UNIX is stuggling big
time. they're working to get a std interface to it, but, its gonna be
too late. WNT will trounce UNIX, sorry to say. don't forget, part
of digital's story _is_ WNT. and, the folks at DECwest do the alpha
port, so we do have a vested interest in the success of WNT.
>WNT is still too green...give it a couple years and it'll give UNIX
>a real run for the money, but not yet - UNIX has never been a real
unix is already on the ropes mon; WNT is on trial now; everything i'm
seeing in the mkt place says WNT is being looked at seriously. we've
been running it hear for over 1.5 yrs, and i gotta say, it is pretty
damn stable for a 'green' OS compared to other OS's i've dealt with.
and, it is ajoy to develop code on...
jc_WNT_fan
|
92.2304 | | XLIB::REHILL | Call Me Mystery Hill | Fri Apr 14 1995 21:05 | 3 |
| WSJ, didn't they also make up that Reggie Lewis story?
|
92.2305 | | BIODTL::JC | Green is the colour | Fri Apr 14 1995 21:09 | 10 |
| re <<< Note 92.2304 by XLIB::REHILL "Call Me Mystery Hill" >>>
> WSJ, didn't they also make up that Reggie Lewis story?
sure caused a lot of people to jump, eh?
we'll never know the truth, i think.
better to let reggie rip.
|
92.2306 | | NAC::TRAMP::GRADY | Subvert the dominant pair of dimes | Sat Apr 15 1995 22:26 | 50 |
| It's not that I'm a Unix fan - God knows, that's not true. But there
are literally MILLIONS of Unix systems out there - for one thing,
virtually the entire product lines from HP, Sun (the two biggest
workstations manufacturers in the world, neither of whom is shipping
WNT) and all the workstations from IBM, SGI, DG, (us) and tons and tons
of others - millions of them. That's not even mentioning all the SCO,
XENIX, LINUX and other Intel flavors... For WNT to overtake them all in
unit sales this year, and in total market share by 1998, it would have
to sell better than any computer product of any kind in the history of
mankind, including things like printer ribbons.
No way. The numbers are just too huge to overcome that quickly. Maybe
in the server-only market - or in some other subset of the overall
market, WNT will dominate quickly, but the whole market? Not a chance.
And although I've heard good things about WNT, it really is still rather
green. TCP/IP, for one thing - bare bones...
I've read about the design - typical Cutler approach (i.e. smells
somewhat like VMS), and sounds quite innovative so I'm interested in
getting my hands on one, but there's no way it could outsell all UNIX
boxes by year end and displace Unix for market share by the end of this
century. Unix is just too pervasive, unfortunately.
I don't understand what you mean by a 'standard interface' to Unix -
POSIX? XPG3? sockets? NFS? X? How many standards are missing? As much
as I loathe the propensity in recent years for the newly-graduated crowd
to call anything in MS-DOS or Unix 'standard' (when they really mean de
facto standard), if there is one single operating system with a bucket
full of standard interfaces (even in the formal sense) it's Unix.
I can't believe I'm defending Unix. God save me.
On the ropes? Well, I'd take a one cent royalty from every Unix license
in the world, even if it is on the ropes, and retire a very wealthy man.
I think one of the easiest mistakes to make in our business is to be too
fore-sighted. It's easy to look ahead and see things coming down the
road at us at the speed of light. The problem with that is that we tend
to over-anticipate - we expect things to happen faster than they ever
possibly could in reality. The real trick is in the timing - not only
knowing that something is coming, but being able to accurately predict
WHEN it will arrive so as to take advantage of it. Too often, lots of
people in our business jump the gun. WNT will likely overcome Unix - I
hope so because I find Unix to be one of the true abominations of
Computer Science History (along with MSDOS, and the Data General Eclipse
product line)...but it's going to take a lot longer than a coupla years,
without violating a few of the laws of Physics, not to mention finance.
tim
|
92.2307 | but I *LIKE* unix | SMURF::HAPGOOD | Java Java HEY! | Mon Apr 17 1995 14:00 | 23 |
| <<< Note 92.2299 by NAC::TRAMP::GRADY "Subvert the dominant pair of dimes" >>>
>WNT is still too green...give it a couple years and it'll give UNIX
>a real run for the money, but not yet - UNIX has never been a real
>contender technically anyway. As a former O/S developer, Unix is a
I think it should read "UNIX has never been a contender commercially..."
Or at least that's how I perceive it....Maybe I read that wrong...
>It always amazes me that the two most popular operating systems in
>the world, both in raw numbers and in the enthusiasm of their poor,
>misguided fans, are the two biggest losers on the market: Unix and
>DOS. Pfeh.
Wow...I happen to like UNIX, use it by choice and work on it by choice
(came from a VMS background)
Guess to each his own...I don't think it's at all like you say Tim. BSD
based UNIX with no frills maybe but I think there are a few decent UNIX
implementations out there today (ours included).
bob
|
92.2308 | | STAR::HUGHES | Captain Slog | Mon Apr 17 1995 14:00 | 26 |
| NOS/BE?? I don't see too many other people admitting to knowledge of
that (kind of like saying you were molested). Although it was nice if
you could drive it from the console.
RSX-11S&M :-)) That about sum up the typical onsite installation of
RSX.
re WNT vs. Unix
All depends on how you count them. A lot of surveys focus in on the
commercial area and start by discounting technical and engineering
oriented platforms and that puts a dent in the Unix numbers.
There does seem to be a perception that WNT is almost ready for prime
time as a server platform. If enough of the trade press say this, and I
think they are, it will become perceived as truth (in accordance with
the wave harmonic theory of historical perception...).
The are probably a lot of Netware shops toying with the idea of adding
an NT server or two (talk about barbarians at the gate, on both sides)
and those numbers add up ral fast.
Bottom line is that, right now, NT experience is one of the most
bankable things you can put on your resume.
gary
|
92.2309 | Wouldn't be working here without Unix... | QUARRY::petert | rigidly defined areas of doubt and uncertainty | Mon Apr 17 1995 14:37 | 9 |
| Unix not a contender in the commercial world. No big surprise. But then
I find the commercial world to be rather boring and unimaginative.
Maybe it's not, but to me it is. I'd much rather be in the Unix world
providing scientists and engineers. Those are the types of areas that
interest me and I don't see Unix dying out for quite some time.
But that's just my take on things.
PeterT
|
92.2310 | You cn pick your NOS... | TRLIAN::DUGGAN | BornInTheDesert,RaisedInTheLionsDen | Mon Apr 17 1995 16:46 | 8 |
| re: NOS/BE?? I don't see too many other people admitting to knowledge of
that (kind of like saying you were molested). Although it was nice if
you could drive it from the console.
Gee, I didn't think you cared... 8*) I only got rid of the manuals
about a year ago (alotough it has been several (like, twenty!) years
since I used it)
...michael t. packratHead
|
92.2311 | from today's worcester telegram... | STRATA::IRZA | living on an abstract plane | Tue Apr 18 1995 14:33 | 11 |
|
Strong results seen at DEC
Profit expected in third quarter
Digital Equip. Corp. is expected to post Suprisingly strong
results in it's fiscal third quarter, making the first time in
four years the computer maker has posted consucutive quarterly
profits.
|
92.2312 | fingers, toes, anything! | ALFA2::DWEST | but i play one on tv... | Tue Apr 18 1995 15:05 | 10 |
| oh swell... "surprisingly srong results" eh???? i'm usually
optimistic about this stuff, but if yo DIGITAL notes a lot of the
field folks have been saying the quarter looked like crap...
does anyone REALLY know?????? sure would be nice to ssee a decent
profit... sure would suck if anaklysts are disappointed yet again and
the stock goes into the hopper, yet again...
cross your body parts!!!
da ve
|
92.2313 | | SUBPAC::MAGGARD | Mail Order Wives | Tue Apr 18 1995 15:11 | 13 |
| > does anyone REALLY know??????
Yeah, the corpororpororporate accounting types, but they ain't taklin'!
An indicator of good 3rd qtr: nobody in senior mgmt has sold any stock AFAIK.
Another indicator of good 3rd qtr: I sold some of my $18 stock.
Wall St. Expects profits in the $30-50 million range. The stock is currently
'overvalued' (IMO). So unless we see >$100+ mil or <$10 mil profit, it'll
stay where it is.
- jeff's_opinininion
|
92.2314 | | BIODTL::JC | Green is the colour | Tue Apr 18 1995 18:01 | 15 |
| re <<< Note 92.2313 by SUBPAC::MAGGARD "Mail Order Wives" >>>
>An indicator of good 3rd qtr: nobody in senior mgmt has sold any stock AFAIK.
>Another indicator of good 3rd qtr: I sold some of my $18 stock.
usually those guys are on the hot list and can't sell within a specific
time period. SEC rules.
btw, if you plan to dump stock AND you are in ESPP, be sure to dump it
before Apr 30 to avoid wash sale rules.
|
92.2315 | | SUBPAC::MAGGARD | Mail Order Wives | Tue Apr 18 1995 21:10 | 13 |
| > btw, if you plan to dump stock AND you are in ESPP, be sure to dump it
> before Apr 30 to avoid wash sale rules.
Wash sale?
Uhhh... methinks you've 'splained this ta me once before ... but care to
refresh my ever_fading_memory(tm)??? :-)
- jeff_duhhhhhhhhhh
|
92.2316 | made money again... :^) | ALFA2::DWEST | but i play one on tv... | Wed Apr 19 1995 12:59 | 222 |
|
From Livewire 4/19/95
Digital reports third quarter net income of $74 million (19-Apr)
Digital today reported net income of $74 million, or $.44 per
common share, for the third quarter which ended April 1, 1995, compared
with a net loss of $183 million, or $1.34 per common share, for the
same period last year.
Total operating revenues for the quarter were $3.5 billion, up 6
percent from the $3.3 billion reported for the comparable quarter a
year ago.
Gross margin for the quarter was 32.2 percent, compared with 33.8
percent for the comparable period a year ago.
Total operating expenses decreased to $1.029 billion from $1.272
billion, or 19 percent, compared with the same period last year.
The balance sheet continued to strengthen as Digital ended the
quarter with $1.465 billion in cash, an increase of $201 million, or 16
percent, compared with a year ago.
The Corporation completed the quarter with approximately 63,100
employees -- a reduction of 22,600 positions, or 26 percent, since the
same period last year.
Robert B. Palmer, president and chief executive officer said,
"Digital has taken another significant step forward. We have recorded
order rate growth for the fifth consecutive quarter, and revenue
growth, year over year, for the fourth consecutive quarter. In the
March quarter, we continued to demonstrate excellent progress in
implementing our recovery program, particularly in our core systems
business."
Product revenues were up 12 percent in the quarter to $1.961
billion from $1.750 billion in the third quarter of the previous year.
This represents the fourth consecutive quarter of year-over-year
product revenue growth. Service revenues were $1.506 billion, compared
with the $1.509 billion reported in the similar period last year.
"Without question, Digital's product and service offerings are the
strongest ever," Palmer said. "We are gaining market share in our
strategic markets."
Palmer said demand for Digital's industry-leading 64-bit Alpha
systems, personal computer systems, network hardware and software
products and storage subsystems was strong during the quarter.
Digital, Palmer said, recently has shipped its 100,000th Alpha
system, with total product and service revenues from the Alpha systems
family surpassing $3 billion since its introduction. He said the
company sees continued strong demand for its Alpha products and expects
to reach the $4.5 billion mark in total Alpha product and service
revenues before its major competitors ship their first 64-bit system.
Last week, Digital unveiled the computer industry's most powerful
server systems aimed at large commercial and scientific applications.
The new AlphaServer 8400 enterprise server and AlphaServer 8200
departmental server are the first to use Digital's record-breaking
billion instructions per second 21164 Alpha microprocessor. The 64-bit
technology enables businesses to run some database applications up to
200 times faster than on current 32-bit enterprise systems.
Alpha product revenues grew by 66 percent over the prior year,
driven by strong demand for AlphaServer products and systems running
Digital UNIX, Palmer said. Growth in personal computer product revenues
continued to be among the industry leaders at approximately 60 percent
over the same period last year.
Adjusting for divested businesses, Digital achieved revenue growth
in both its domestic and international markets, including very strong
growth in its Asia/Pacific operations.
Product gross margin was 28.7 percent, compared with 30.5 percent
in the second quarter of fiscal 1995 and 30.8 percent in the third
quarter of 1994. The decline in product gross margin from the second
quarter is the result of a change in product mix. Service gross margin
was 36.7 percent compared with 36.1 percent in the second quarter of
fiscal 1995 and 37.3 percent in the comparable period last year.
"A weakened U.S. dollar in a number of countries created a slightly
positive impact on revenue for the quarter," said Vincent J. Mullarkey,
vice president and chief financial officer. "Non-dollar denominated
costs and competitive responses, however, substantially offset the
positive impact.
"Digital generated positive cash flow from operations this
quarter," Mullarkey continued. "We are continuing with our programs to
improve gross margins, reduce operating expenses, improve asset
management and fund our restructuring activities from operations."
During the quarter, Digital continued to receive awards for its
products and services.
"Service News" awarded Digital its prestigious Innovations in
Service Award for PC Utility -- a complete desktop personal computer
management service.
Digital also took six out of 10 AIM Technology "Hot Iron Awards"
for price/performance in its 64-bit server, workstation and Intel-based
PC products. In addition, the AlphaServer 2100 was named the best
server of the year by the readers and editors of "Datamation."
During the quarter, Digital announced 10 new powerful Pentium-based
models in its Celebris and Celebris XL families of business desktop
systems, along with eight new all-Pentium Starion consumer desktop
models. The company also unveiled a new entry-level Alpha workstation
-- the AlphaStation 200 4/100.
Consolidated Statements of Operations (unaudited)
(in thousands except per share data)
Three months ended
April 1, 1995 April 2, 1994
Product sales $1,961,450 $1,749,621
Service and other revenues 1,506,014 1,509,168
Total operating revenues 3,467,464 3,258,789
Cost of product sales 1,399,155 1,210,478
Service and other expense 953,317 946,800
Total cost of sales 2,352,472 2,157,278
Screen 11 of 20
Research and engineering 251,167 316,767
Selling, general and admin. 777,664 954,903
Net interest expense 7,277 7,846
Income/(loss) before
income taxes 78,884 (178,005)
Provision for income taxes 5,144 5,301
Net income/(loss) 73,740 (183,306)
Dividend on preferred stock 8,875 1,775
Net income/(loss) applicable
to common stock $ 64,865 $ (185,081)
Weighted avg. shares o/s (1) 147,961 137,898
Screen 12 of 20
Net income/(loss) applicable
per common share $ .44 $ (1.34)
Consolidated Statements of Operations (unaudited)
(in thousands except per share data)
Nine months ended
April 1, 1995 April 2, 1994
Product sales $ 5,484,094 $4,966,549
Service and other revenues 4,579,101 4,561,267
Total operating revenues 10,063,195 9,527,816
Cost of product sales 3,930,101 3,304,185
Service and other expense 2,927,025 2,859,150
Total cost of sales 6,857,126 6,163,335
Research and engineering 787,051 962,432
Selling, general and admin. 2,483,188 2,735,798
Net interest expense 25,078 13,596
Income/(loss) before income
taxes and cumulative effect
of changes in accounting
principles (89,248) (347,345)
Provision for income taxes 13,203 11,332
Income/(loss) before cumulative
effect of changes in accounting
principles (102,451) (358,677)
(Benefit)/charge due to
cumulative effect of changes
in accounting principles (64,503) 51,026
Net income/(loss) (37,948) (409,703)
Dividends on preferred stock 26,625 1,775
Net income/(loss) applicable
to common stock $ (64,573) $ (411,478)
Weighted avg. shares o/s (1) 143,984 136,312
Per common share:
Income/(loss) applicable before
cumulative effect of changes
in accounting principles $ (.90) $ (2.64)
Benefit/(charge) due to cumulative
effect of changes in accounting
principles .45 (.38)
Net income/(loss) applicable
per common share $ (.45) $ (3.02)
Note (1): Per common share amounts are calculated based on the weighted
average number of common shares and common share equivalents
outstanding during periods of net income, after deducting applicable
preferred stock dividends. Per share amounts are calculated based only
on the weighted average number of common shares outstanding during
periods of net loss, after deducting applicable preferred stock
dividends.
Selected Balance Sheet Data (unaudited) - Q3FY95
(in thousands except per share data)
Cash and cash equivalents...................... $ 1,464,933
Accounts receivable, net....................... 3,083,853
A/R days sales outstanding 80 days
Inventories.................................... 2,093,705
Prepaid expenses and deferred income taxes..... 316,050
Total current assets........................... 6,958,541
Net property, plant and equipment.............. 2,539,423
Other assets, net.............................. 462,086
Total assets................................... 9,960,050
Bank loans and current portion of ltd.......... 13,304
Accrued restructuring costs................... 693,907
Total current liabilities...................... 4,441,648
Noncurrent deferred income taxes............... 4,758
Long-term debt................................. 1,012,750
Postretirement and postempoyment benefits...... 1,199,666
Total liabilities.............................. 6,658,822
Stockholders' equity........................... 3,301,228
Book value per common share.................... $ 19.76
Non U.S. revenues.............................. QTR 2,294,286
or 66%
YTD 6,486,277
or 64%
Employee population (approximately)............ 63,100
|
92.2317 | taxes | BIODTL::JC | Green is the colour | Thu Apr 20 1995 16:05 | 7 |
| wash rule is pretty complicated. NYOSS1::MARKET_INVESTING
for more info. it has been beaten to death in there.
bottom line: becareful if you plan to sell shares you already
have +/- 30 days from ESPP.
|
92.2318 | Take your daughter to work | USOPS::MNELSON | Inspiration, move me Brightly | Thu Apr 27 1995 15:00 | 7 |
|
Anyone else take their daughter to work today? I took Lindsey in.
Some facilities had special events, none in MRO though. Oh well.
I've had Lindsey in many times. At 4 she doesn't have the attention
span to hang out for a whole day without getting antsy (sp) though.
|
92.2319 | take yourself home :) | WILLEE::OSTIGUY | | Thu Apr 27 1995 15:10 | 1 |
| there are some events going here at SHR I think...
|
92.2320 | | CXDOCS::BARNES | | Thu Apr 27 1995 15:27 | 4 |
| my 2 daughters had two words for me when I asked them if they wanted to
go to work with me...and they weren't Merry Xmas....
rfb_whose daughters do what ever the f#$@ they want
|
92.2321 | | WMOIS::PAUL_D | We sat down for a game.. | Thu Apr 27 1995 19:24 | 23 |
|
I brought my daughter into NQO today. They had a great day of
activities. There were 40+ kids that showed up. Jennifer got to:
- take a tour of the facility and see where and how we manufacture &
ship software (floppy's etc...) & documentation
- participate in an activity where the kids were broken up into
different groups (pickers, packers, inspectors, shippers) and
were given BOM's with neat parts on them like pens, notebooks,
etc and they had to pack everything into a kit which they get
to keep as a souvenier.
- they also set up a conference room with PC's for the kids to play
around with.
- and they gave out certificates & door prizes at the end.
She's been into work with me before but now she knows that not everyone
that works here sits in front of a computer all day like me - some of
them do "real" work. 8^)
Dave P
|
92.2322 | :^) :^) :^) | ALFA1::DWEST | but i play one on tv... | Thu Apr 27 1995 20:04 | 5 |
| door prizes?!?!?!? damn!!!! and to think, all the years i've worked
here, and they've never given me a door! (shown it to me once or
twice, but never gave me one for my very own!)
da ve
|
92.2323 | sounz like funnnn! | SUBPAC::MAGGARD | Mail Order Wives | Thu Apr 27 1995 21:58 | 8 |
|
Yeah, here in HLO they got kewl lukin Digital brand type hats, a little Alpha
AXP laminated card with an EV4 on it, a tour around the FAB -- bunny suits and
all, a look at a butterfly REAL CLOSE UP with a scanning electron microscope,
free soda and candy ... the works!
- jeff
|
92.2324 | | AWECIM::HANNAN | Beyond description... | Fri Apr 28 1995 13:03 | 7 |
| re: <<< Note 92.2323 by SUBPAC::MAGGARD "Mail Order Wives" >>>
I didn't think kids under 16 were allowed here in HLO...
Allison will have to wait till "Kids day" in the summer.
/Ken
|
92.2325 | Got and ID kid? | BINKLY::CEPARSKI | You Don't Know How Easy It Is | Fri Apr 28 1995 13:16 | 4 |
| >>I didn't think kids under 16 were allowed here in HLO...
Only on these kinds of special days apparently. Saw loads of kids in
the under-16 category.
|
92.2326 | 9-16 I think | FABSIX::T_BEAULIEU | Join The Human Race | Fri Apr 28 1995 15:17 | 6 |
|
I believe the kids had to be 9 ... My daughter will have to
wait a couple-o-years if we're still DEC then 8-)
Toby
|
92.2327 | | SUBPAC::MAGGARD | Mail Order Wives | Fri Apr 28 1995 15:56 | 21 |
|
re: National TYDTW day...
I felt, and sensed, an anti-affirmative-action-exclusion sentiment of "why
only just daughters and not sons?" ... so to fix that, HLO is planning a
Family Day sometime this summer.
re: 9-16
That agrees with what I heard -- special exception for <16's yesterday.
Insurance/liability (and perhaps attention span) were cited as the reasons why
>=16 is the normal rule. Arsine and HF are nasty stuff to begin with ... and
you never know when a Worcester power station will take a hit and kill the
lights and set off the claxons... which is rather scary for adults not to
mention little ones! Last time it happened (couple weeks ago), a few folks in
FAB6 panicked and _ran_ for the exit. I wouldn't wanna think about what might
happen with lots of kids around!
- jeff
|
92.2328 | | DELNI::DSMITH | We'll make great pets | Fri Apr 28 1995 17:44 | 5 |
|
Hydrogen Floride?????? Stable, but only on it's own!!!!
If I heard the alarm, you bet I'd be a-runnin.
|
92.2329 | | AWECIM::HANNAN | Beyond description... | Fri Apr 28 1995 18:03 | 14 |
| re: <<< Note 92.2328 by DELNI::DSMITH "We'll make great pets" >>>
> Hydrogen Floride?????? Stable, but only on it's own!!!!
Hyrdoflouric Acid... nasty stuff! If it spills on you,
it feels like water and you may not realize it's HF. Then several
hours later you feel this burning sensation, and it's heading for
the calcium in yer bones. Yikes!!
/Ken who just took Safety/Hazard/Protocol training at HLO
(my sinuses felt the best ever in the ultraclean FAB!)
|
92.2330 | | NAC::TRAMP::GRADY | Subvert the dominant pair of dimes | Fri May 05 1995 11:29 | 39 |
| Over the years, I've occasionally felt it my duty to the community
as a computer professional and software engineer to point out the many
limitations of the Unix Operating System. For years, like MS-DOS, this
system has been extolled by many as the penultimate technical
acheivement in Computer Science, and like MS-DOS, most of us who knew
better were amused by this naivete, and yet frustrated by what seemed
like a headlong dive into the past by the industry, as the two most
popular Operating Systems in the world lobotomized most of the truly
useful and sophisticated accomplishments in Operating Systems
technology of the past twenty years. In short, they were terrible.
A few months ago, I decided to sign up for some serious training in the
latest Unix system: Digital Unix, formerly OSF/1. I use it for testing
in my work, and it would no doubt be useful knowledge for the future
(not to mention my resume). I'm just completing a ten-day Unix
Internals class today. Previously, I had had some training in Ultrix,
but that was over four years ago.
So, what's the point? Well, I supposed I could call this a formal
reversal of my position regarding Unix - at least where Digital Unix is
concerned. Unlike it's predecessors, for which my original opinion
still stands, Digital Unix is impressive as hell. They've finally
integrated many of the most powerful and useful Operating Systems
functions into a commercially viable Unix system: Copy-on-write paging,
kernel threads, a pre-emptive heuristic scheduling algorithm, shareable
libraries, in other words virtually all of the major failures of Unix
past have been addressed.
Except the damn shell.
Well, I guess we couldn't expect to fix everything...
Anyway, I'm genuinely impressed, and I'm looking forward to working on
this new system in the future.
Now, about that Windows/95 stuff...;-)
tim
|
92.2331 | I like working on it.... | SMURF::PETERT | rigidly defined areas of doubt and uncertainty | Fri May 05 1995 14:49 | 6 |
| Tim,
my group and the larger UEG (Unix Engineering group) thanks you.
Now we just have to get it all working in platinum again!
PeterT
|
92.2332 | hostname lesh, garcia | CXDOCS::BARNES | | Fri May 05 1995 15:18 | 10 |
| I just sent the first pass of my fault management documentation to the
Digital UNIX documentation folks for inclusion in the DU Doc set, plus
a kit containing DECevent code and documentation was sent to the
operating system folks. Petert, i'd feel honored if some deadhead in
yer group actually used both the tool (DECevent) and my documentation
and supplied feedback (which I get already but not from heads) if only
to see if you can find the few dead references....%^)
rfb_faking it as a tech writer
|
92.2333 | | SMURF::HAPGOOD | Java Java HEY! | Fri May 05 1995 15:36 | 21 |
| <<< Note 92.2332 by CXDOCS::BARNES >>>
> yer group actually used both the tool (DECevent) and my documentation
> and supplied feedback (which I get already but not from heads) if only
> to see if you can find the few dead references....%^)
Well RFB, I'm yer man...maybe.
I pulled the latest kit off of some machine in CX....
I had some trouble w/ the installation (eventually had to hack the .ctrl
and .inv files) due to the kit being a OSF200blahblahblah and I was
installing on a OSF32.... OSF34... and OSF4.... system so setld thought
I had wrong base file system revisions etc.
I'm new at this (decevent) but considering that support for new machines
isn't making it into that wicked, awesome, excellent UERF (ya, right) tool
I'll be using it much more frequently....
I'll be sure to read the doc set rfb ....
bob
|
92.2334 | jeez, deadheads that actually read documentation!!! | CXDOCS::BARNES | | Fri May 05 1995 15:46 | 6 |
| thanks bob....i actually need some feedback by next friday as I'm doing
a short dog-n-pony show for my company, Horizon, so anything would be
nice...maybe when i get my questionair made up I can contact ya'll off
line???
rfb
|
92.2335 | | SMURF::PETERT | rigidly defined areas of doubt and uncertainty | Sat May 06 1995 02:49 | 6 |
| I'll have to pass for the moment, but I'll take a look at it
when I get back from DECUS. (he says, he promises, but then he'll
forget and it'll be too late anyway, Oh well... ;-)
PeterT
|
92.2336 | My URL | WECARE::ROBERTS | climb a ladder to the stars | Fri Jun 09 1995 19:35 | 9 |
|
My page is up ! :
url is : http://www.ljo.dec.com/DLN/people/crrpg/htm
if there is a better note for this, feel free to move
it.
carol
|
92.2337 | www pedanticism at its finest | SUBPAC::MAGGARD | Mail Order Wives | Mon Jun 12 1995 15:36 | 13 |
| > url is : http://www.ljo.dec.com/DLN/people/crrpg/htm
http://www.ljo.dec.com/DLN/people/crrpg.htm
^
|
kerrekshen
:-)
- jeff
|
92.2338 | | GRANPA::TDAVIS | | Mon Jul 31 1995 15:36 | 4 |
| Check out the DVN scheduled for this Wednesday? See VTX.
Let's see .... Q4, and YearEnd results are due 8/1/95....
Any Ideas????
|
92.2339 | Numbers in next reply | BINKLY::CEPARSKI | You Don't Know How Easy It Is | Tue Aug 01 1995 12:38 | 121 |
| Digital reports fourth quarter net income of $160 million
Digital today reported net income of $160 million, or $1.01
per common share, for the fourth quarter which ended July 1, 1995,
compared with a net loss of $160 million, or $1.22 per common share, for the
same period last year, excluding restructuring charges and other
non-recurring items.
Total operating revenues for the quarter were $3.75 billion,
compared to the $3.92 billion reported for the comparable quarter a
year ago. Adjusted for divestments, revenue from ongoing businesses
grew 1 percent compared with the same period last year. The
quarterly result reflected a shift in seasonality patterns as the company
successfully moved a larger portion of its product distribution to
indirect channel partners and changed its direct sales force
measurements. For the year, operating revenue was $13.81 billion,
up 3 percent from the $13.45 billion reported in the 1994 fiscal year, or
6 percent, adjusted for divested businesses.
Gross margin for the quarter was 32.4 percent, compared with
29.9 percent for the comparable period in the prior year and 32.2 percent
in the third quarter.
Total operating expenses for the quarter decreased to $1.043
billion from $1.321 billion, or 21 percent, compared with the same
period last year.
The balance sheet continued to strengthen as Digital ended the
quarter with $1.6 billion in cash, an increase of $421 million, or
36 percent, compared with last year.
The corporation ended the quarter with approximately 61,700
employees -- a reduction of 16,000 positions, or 21 percent, since
the same period last year.
"For the first time in five fiscal years, Digital has reported
net income for the year. In addition, this is the fourth
consecutive quarter of operating results improvement and the third
consecutive quarter we've reported a profit," said President, Chairman and
Chief Executive Officer Robert B. Palmer. "We are particularly pleased
with the turnaround we have engineered within our core systems products
business. Digital's recovery continues to progress on our aggressive
plan.
"We are transitioning from a period of financial turnaround
and recovery into a strategic growth phase," Palmer added. "I am
encouraged with our fourth quarter results and the significant
progress we've made in a relatively short time. However, we still have more
work to do."
Product revenues were down 4 percent in the quarter to $2.132
billion from $2.225 billion in the fourth quarter of the previous
year. Adjusted for divestments, product revenue from ongoing businesses
was up 5 percent and represents the fifth consecutive quarter of
year-over-year product revenue growth on this basis. Service revenues
were $1.618 billion, compared with the $1.698 billion reported in
the same period last year.
Palmer said the company recorded strong performance in its
Alpha systems and its Multivendor Customer Services businesses. Alpha
product revenues grew by 32 percent over the prior year, driven by
strong market demand for AlphaServer systems running Digital UNIX,
OpenVMS and Windows NT operating systems. The company also recorded
strong results in its network and storage subsystems product
businesses.
In April, Digital unveiled the computer industry's most
powerful server systems aimed at both technical and scientific applications
and enterprise-wide database applications. The new "Turbolaser"
AlphaServer 8400 enterprise server and AlphaServer 8200 departmental
server using Digital's industry leading 64-bit technology enables
businesses to run some database applications on Digital UNIX up to 200
times faster than on current 32-bit systems offered by competitors.
"Market acceptance of our 'Turbolaser' products is very
encouraging," Palmer said. "In the few months these models have
been available, we have experienced strong order demand. Our midrange
2100 Alpha departmental servers also continue to be in high demand."
Earlier this month, the company unveiled a complete new line
of workstations that spans the entire $5,000 to $50,000 spectrum of the
core workstation market. The line includes models that offer 50
percent to 150 percent higher application performance than competing
models, along with new 3-D graphic options and multimedia
enhancements.
The top-of-the-line AlphaStation 600 models are powered by Digital's
Alpha 21164 RISC microprocessor, the industry's first to process
more than one billion instructions per second.
"Clearly, the AlphaStation 600 puts Digital far ahead of its
major competitors in terms of both absolute performance and price
performance," Palmer continued. "Combined with our AlphaServer
systems, we now have a full-range of superior technical and
commercial computing solutions for all aspects of the market."
After 12 quarters of explosive market share gains, revenue
growth in the personal computer business moderated in the fourth quarter.
"With our Digital PC business at an annual run rate of $2.5
billion, we expect both continued progress and to capture additional
market share in the 1996 fiscal year," Palmer said. "During the
quarter we took steps that were necessary to position Digital's PC business
infrastructure for its next growth phase, which requires a balance
of profit improvement, cash utilization and market share gain."
Adjusting for divested businesses, Digital achieved very
strong product revenue growth in Asia/Pacific markets and modest growth in
Europe. On a year-over-year basis, product revenue declined
slightly in the United States.
Product gross margin was 31.2 percent, compared with 28.7
percent in the third quarter of fiscal 1995 and 25.2 percent in the fourth
quarter of fiscal 1994. Improvement was driven by continued cost
controls, stable pricing practices and a favorable mix shift towards
AlphaServer products. Service gross margin was 34 percent compared
with 36.7 percent in the third quarter of fiscal 1995 and 36.1
percent in the comparable period last year, reflecting a change in business
mix towards new multivendor service and support offerings.
"As the U.S. dollar continued to be weak in a number of
countries, we experienced a 3 percentage point favorable impact on
the company's revenue from the third to fourth quarter," said Vincent J.
Mullarkey, vice president and chief financial officer. "Non-dollar
denominated costs and competitive responses, however, substantially
offset the positive impact."
Mullarkey said the company continued with its program to
improve asset management and for the second consecutive quarter generated a
positive cash flow from operations before restructuring.
"I am pleased with the speed with which we have made
corporate-wide changes," Mullarkey said. "Digital at the end of the
1995 fiscal year is much stronger financially than a year ago.
"Our product and service offering is at its strongest ever and
we are gaining share in our strategic markets," Mullarkey continued.
"Our restructuring remains on our aggressive plan and we continue to
strengthen our balance sheet. All of these points are clear proof
that we continue to make solid progress towards our short term financial
goals."
|
92.2340 | The Numbers | BINKLY::CEPARSKI | You Don't Know How Easy It Is | Tue Aug 01 1995 12:47 | 116 |
| Consolidated Statements of Operations
(in thousands except per share data)
THREE-MONTH PERIOD ENDED
JULY 1, 1995 JULY 2,1994
Product sales................ $ 2,132,347 $ 2,224,702
Service and other revenues... 1,617,520 1,698,272
Total operating revenues..... 3,749,867 3,922,974
Cost of product sales........ 1,467,622 1,663,840
Service expense and cost
of other revenues.......... 1,066,945 1,084,462
Research and engineering
expenses................... 252,977 338,915
Selling, general and
administrative expenses.... 789,725 1,292,071
Restructuring charges........ - 1,206,000
Operating income/(loss)...... 172,598 (1,662,314)
Net interest expense......... 7,693 10,335
Income/(loss) before income
taxes..................... 164,905 (1,672,649)
Provision for income
taxes..................... 5,139 73,711
Net income/(loss)........... 159,766 (1,746,360)
Dividend on preferred
stock...................... 8,875 8,875
Net income/(loss) applicable
to common stock............ $ 150,891 $ (1,755,235)
Net income/(loss) applicable
per common share (1)....... $ 1.01 $ (12.64)
Weighted average common
shares outstanding......... 149,931 138,905
TWELVE-MONTH PERIOD ENDED
JULY 1, 1995 JULY 2, 1994
Product sales................ $ 7,616,441 $ 7,191,251
Service and other revenues... 6,196,621 6,259,539
Total operating revenues..... 13,813,062 13,450,790
Cost of product sales........ 5,397,723 4,968,025
Service expense and cost of
other revenues............. 3,993,970 3,943,612
Research and engineering
expenses................... 1,040,028 1,301,347
Selling, general and
administrative expenses.... 3,272,913 4,027,869
Restructuring charges........ - 1,206,000
Operating income/(loss)...... 108,428 (1,996,063)
Net interest expense......... 32,771 23,931
Income/(loss) before income
taxes and cumulative effect
of changes in accounting
principles................. 75,657 (2,019,994)
Provision for income taxes... 18,342 85,043
Income/(loss) before
cumulative effect of changes
in accounting principles... 57,315 (2,105,037)
(Benefit)/charge due to
cumulative effect of changes
in accounting principles... (64,503) 51,026
Net income/(loss)............ 121,818 (2,156,063)
Dividends on preferred stock 35,500 10,650
Net income/(loss) applicable
to common stock............ $ 86,318 $ (2,166,713)
Per common share (1):
Income/(loss) applicable
before cumulative effect of
changes in accounting
principles................ $ 0.15 $ (15.43)
Benefit/(charge) due to
cumulative effect of changes
in accounting principles... 0.44 (0.37)
Net income/(loss) applicable
per common share........... $ 0.59 $ (15.80)
Weighted average common
shares outstanding......... 146,331 137,090
Note (1): Per common share amounts are calculated based on the
weighted average number of common shares and common share equivalents
outstanding during periods of net income, after deducting applicable
preferred stock dividends. Per share amounts are calculated based only on
the weighted average number of shares outstanding during periods of net
loss, after deducting preferred stock dividends.
Selected Balance Sheet Data - Q4 FY95
(in thousands except per share data)
Cash and cash equivalents........ $ 1,602,148
Accounts receivables, net........ 3,219,082
Inventories...................... 2,053,620
Prepaid expenses, deferred income
taxes and other current assets. 397,047
Total current assets............. 7,271,897
Property, plant and equipment,net 2,268,722
Other assets..................... 406,533
Total assets..................... 9,947,152
Bank loans and current portion of
long-term debt................. 14,371
Accrued restructuring costs...... 492,046
Total current liabilities........ 4,246,292
Long-term debt................... 1,012,885
Postretirement and other
postemployment benefits........ 1,159,679
Total liabilities................ 6,418,872
Stockholders' equity............. 3,528,280
Book value per common share...... $ 20.89
Non-U.S. revenues................QTR $ 2,512,275
or 67%
YTD $ 8,998,552
or 65%
Employee population (approximately) 61,700
|
92.2341 | | WECARE::ROBERTS | climb a ladder to the stars | Tue Aug 01 1995 14:42 | 1 |
| so, re: .2339 and .2340, this is good, right?
|
92.2342 | could be worse... | QUARRY::petert | rigidly defined areas of doubt and uncertainty | Tue Aug 01 1995 14:48 | 7 |
| What I find interesting, based on a quick perusal of the numbers, is that we
sold less, yet, due to the expenses cut, we made more. Twould be slightly
more encouraging to see us SELL more too.
But not bad news at all.
PeterT
|
92.2343 | Brace Yourself | BINKLY::CEPARSKI | You Don't Know How Easy It Is | Tue Aug 01 1995 17:19 | 4 |
| NE1 have a prediction as to what the "Major Corporate Announcement" on
tomorrow's DVN broadcast is? Lots-o-rumors flying around here.
Care to add to the rumor list?
|
92.2344 | | STOWOA::JOLLIMORE | OneWhiteDuck/0^10=nothing at all | Tue Aug 01 1995 17:29 | 12 |
| Bob Palmer and Bill Gates will announce their engagement.
;-) ;-)
Palmer is going back to making music videos.
Gates will dance in a tight black mini-skirt.
;-)
|
92.2345 | | WILLEE::OSTIGUY | | Tue Aug 01 1995 17:29 | 1 |
| lessee....we're being sold....yeah, that's it...
|
92.2346 | | STOWOA::JOLLIMORE | OneWhiteDuck/0^10=nothing at all | Tue Aug 01 1995 17:30 | 9 |
| From today's WSJ,
"Microsoft, Digital Expected to Broaden Partnership"
"Redmond WA -- Microsoft Corp and Digital Equipment are expected
to announce a broadened partnership to sell computer systems and
software to corporations."
|
92.2347 | | ZENDIA::FERGUSON | Split open and Melt! | Tue Aug 01 1995 17:44 | 13 |
| my take on the results is that they are not that great.
revenues generally flat, which means were are not growing.
plenty of HIGH tech firms aRE growing 10-40% / yr, so why
invest in DEC? perhaps we're just to big to grow more.
as an investor, i'd rather invest in a growing firm vs.
a stagnant one. that's why our stock is where it is.
you compare price-to-book, PE, etc of DEC vs. other high
techs, and we're not there. we're waaaaaaaaaaay low. you'd
think people would jump all over our stock, but nahh, they
don't see a big future, otherwise we'd be in the 60s along
with all the others that have doubled in the last 6 months.
best thing dec can do is delcare a dividend.
|
92.2348 | | SUBPAC::MAGGARD | Mail Ordered Husband | Tue Aug 01 1995 18:12 | 36 |
| re: JC in .2347
I totally agree. $60mil profit is meaningless when you look at declining
revenues. The way I see it is this... every major high-tech company has *1*
thing that 1) they excel at, or 2) the market wants and wants badly and it
doesn't matter how good they are at it. Wall St. only rewards companies that
are recognized to have this *1* thing. MS has its Windows, Intel its
Pentium, IBM its corporate inertia, HP its marketing. Digital has its what?
I don't know.
VAX is dead and gone, and it's sorely missed on the bottom line of the annual
report. The fact that Palmer has to say to the world that everything we do is
"just great" tells me that he HAS to say everything is just great... because
there's no one thing that stands out to the industry as TRULY great. He has
to give each of the little fish inside Digital their time in the spotlight,
because no single one of them could carry the whole company. Palmer is still
on a marketing campaign, and until he TRULY has a *recognized* success in the
industry, he'll continue to be a nobody to Wall St.
Now, the only possible thing I see in terms of short-to-medium term strategy
is for Digital to buddy with MS and bundle WinNT and Alpha systems with our
own software and support services and offer the business world YALoCoCoCoS --
yet another low cost corporate computing solution. That's the only possible
way we can get that *1* thing ... the "IT" of the high-tech biz world ... a
new success story to replace "VAX." But even if we're successful, it won't
happen for at least 2-3 years. It'll take that long for the software
developers of the world to port <you-name-it> from Win16 to Win32/95/NT.
And if we go an announce to the world that NT will be the "IT" of the industry
in 2 years, who's to say that the folks at MSO will be smart enough to keep
whatever lead we have made for ourselves.
- jeff_Tuesday_afternoon_skeptic
|
92.2349 | | SALEM::BENJAMIN | | Tue Aug 01 1995 20:17 | 6 |
| new rumor:
McDonalds' is assuming control of digital....show your employee badge
and get free fries with purchase of any large sandwich...
;-)
|
92.2350 | Another-new-rumor | FABSIX::T_BEAULIEU | Happiness is a warm gun | Wed Aug 02 1995 06:03 | 9 |
|
Disney Buys Digital...
Because we run a Mickey Mouse Corporation 8-)
Toby
|
92.2351 | another spin | WECARE::ROBERTS | climb a ladder to the stars | Wed Aug 02 1995 14:25 | 65 |
| re-posted without permission
From Computergram for 8/2/95:
+ DEC TURNOVER DISAPPOINTS, AND PROFITS
FAIL TO MEET ANALSYSTS' FORECASTS
Digital Equipment Corp's thorough-going restructuring actions
mean that its fiscal fourth quarter is no longer the strongest
in the year, and turnover for the most recent period actually
fell, even though the company managed a tiny increase for the
full year. Gross profit margins in the most recent quarter were
32.4% of turnover, up from 29.9% a year ago, and its balance
sheet strengthened in the quarter. The company was profitable
for the year and solidly profitable for the quarter, but
analysts had been looking for rather more. The consensus on the
First Call system was $1.05 a share where DEC managed only $1.01
a share, and the turnover figure was much lower than Wall Street
had expected - the company has been stuck just below the
$14,000m mark for about five years now, as first Hewlett-Packard
Co and then Motorola Inc sailed past it, and the likes of Apple
Computer Inc and Compaq Computer Corp are now not far behind.
The Maynarder ended the quarter with $1,600m in cash, up 36%
from a year ago. Although turnover fell slightly in the quarter
to $3,750m, after adjustments for divestments, revenue from
ongoing businesses did grow 1% on the year ago figure. The
changes the company has made to shift the seasonality patterns
include the move to putting a larger portion of its product
distribution through indirect sales channels, and changes its
direct sales force measurements. DEC ended the quarter with
61,700 employees, a reduction of 16,000 positions, or 21%, from
a year ago. The fourth quarter was the company's third
consecutive profitable quarter.
More work to do
It is fashionable these days to stress how much more hard work
there is ahead, and "We are particularly pleased with the
turnaround we have engineered within our core systems products
business," Robert Palmer, chairman and chief executive said: "I
am encouraged with our fourth quarter results and the
significant progress we've made in a relatively short time.
However, we still have more work to do." Sales of Alpha
RISC-based systems grew 32% in the fourth quarter compared with
a year earlier, "driven by strong demand for servers," but given
the number of VAXes out there that should be being upgraded to
Alphas, the rate of growth is still much too stately. Product
business was down 4% in the quarter, to $2,130m, but adjusted
for divestments, product revenues from ongoing businesses were
up 5%. Services - the white hope at old time companies like DEC
these days, were down slightly, to $1,610m from $1,690m - and
even the personal computer business, with those vestigial
margins that can't be helping DEC rebuild its balance sheet very
much, turned into a disappointment in the fourth quarter, and
turnover growth moderated after "12 quarters of explosive market
share gains". "With our Digital PC business at an annual run
rate of $2,500m, we expect both continued progress and to
capture additional market share in the 1996 fiscal year," Palmer
said. The weakness of the dollar overseas had a
three-percentage-point favourable impact on its fourth quarter
revenues compared with the third quarter, but
non-dollar-denominated costs and competitive responses
substantially offset the positive impact. It also continued to
improve asset management, and for the second consecutive quarter
generated positive cash flow from operations.
|
92.2352 | | WECARE::ROBERTS | climb a ladder to the stars | Wed Aug 02 1995 15:18 | 5 |
| check it out .. VTX LIVEWIRE has the text of the DVN sceduled for 12:30
Microsoft and Digital - a partnership of gold
|
92.2353 | | SUBPAC::MAGGARD | Mail Ordered Husband | Wed Aug 02 1995 17:29 | 16 |
|
Coulda used that text at the DVN... HLO had no sound! :-/
We were stuck reading lips until the AV folks came up with the neat idea of
taping a microphone to the ear-piece of a telephone and calling up someone
else who had sound and having them hold the phone up to their TV speaker :-)
We heard the last 3-4 press questions, but missed the entire "announcement"
... oh well, can someone who has the text from LIVEWIRE post it here --
the livewire server is not letting anyone in (too busy).
Thanks muchly!!!!
- jeff_with_new_appreciation_of_the_deaf
|
92.2354 | from Livewire ... | STOWOA::JOLLIMORE | OneWhiteDuck/0^10=nothing at all | Wed Aug 02 1995 17:38 | 137 |
| Microsoft, Digital form alliance
making Windows-based solutions
next wave of enterprise computing
Digital and Microsoft Corp. today announced a strategic alliance
to meet customer demand for Microsoft-based solutions and support in
enterprisewide computing. The alliance combines Microsoft
client/server products with Digital's leadership in enterprise systems,
service, support and systems integration, enabling customers to deploy
business solutions on the Microsoft Windows and Windows NT operating
systems with assurance of integration into the most complex business
environments.
Highlights of the alliance include substantial funding by
Microsoft in Digital's support and systems integration business focused
on Microsoft-based solutions; Digital's commitment to train at least
1,500 new certified professionals for that business; commitment by
Microsoft for products on Alpha AXP-based systems; engineering
cooperation; cross-licensing of patent portfolios; Microsoft's
licensing of Digital clustering technology for inclusion in future
Microsoft clustering solutions for Windows NT; and joint marketing and
field engagement.
"Customers want the volume applications, cost model, and
flexibility of PC-style client/server solutions, as well as the
service, support, systems integration and extremely high availability
and scalability of enterprise solutions," said Bill Gates, chairman and
CEO of Microsoft. "This alliance gives customers the best of both
worlds. The complementary corporate technologies, services and
business strengths of Microsoft and Digital will provide a safe,
practical way to make Windows-based solutions the next wave of
enterprise computing."
"Digital's goal is to provide customers unsurpassed expertise in
open computing solutions," said Robert B. Palmer, Digital president,
chairman and chief executive officer. "Our strengths in systems,
service, networking connectivity and systems integration will extend
the reach of Microsoft's client/server software throughout the world's
enterprises and deliver a competitive advantage for customers."
Joint funding to expand support capabilities
The alliance includes substantial funding by Microsoft in
Digital's worldwide Multivendor Customer Services and Systems
Integration businesses focused on Microsoft-based solutions. Digital
is committed to develop a global service and systems integration focus
on incorporating Microsoft technology in enterprise solutions. The
services will include new mission-critical capabilities.
In addition to more than 800 Digital staff already certified on
Microsoft products, Digital is committed to at least 1,500 new
certifications in 24 months, by far the largest number of Microsoft
Certified Systems Engineers known to Microsoft.
Microsoft also has selected Digital for the Launch Support Team
of Windows 95 in the United States, and for the Enterprise Migration
Program, which assists resellers in successfully migrating corporate
customers to Windows 95 and Microsoft Office for Windows 95.
Digital and Microsoft reconfirmed their commitment to Windows NT
on Alpha-based systems. Digital soon will introduce a family of Intel-
and Alpha-based systems optimized for Windows NT. Microsoft will
release the Microsoft BackOffice family and other server software
simultaneously on Alpha- and Intel-based platforms. Microsoft also
will release Microsoft Office and other client software simultaneously
on Alpha-based and other RISC-based systems. This is in addition to a
recent agreement that allows Digital to offer Microsoft BackOffice
products on Digital AlphaServer systems and Intel-based Digital Prioris
PC servers.
Engineering cooperation, technology licenses part of pact
As part of the agreement, a Digital engineering group will be on
site at Microsoft for Alpha-related development and product
integration. Microsoft will provide technical cooperation for product
support and engineering and will provide Digital with access to
Microsoft source code and engineering consulting resources.
The companies have executed a cross-licensing agreement on
patent portfolios to facilitate cooperation. In addition, Microsoft
has licensed Digital clustering technology for inclusion in future
Microsoft clustering solutions to help accelerate deployment of common
clustering technology on Windows NT Server. Digital is the inventor
of and market leader in clustering, which allows a set of servers to
act as one.
Integration of mail products is another part of the alliance.
Microsoft will support Digital developing interoperability between
Digital's ALL-IN-1 and MAILWorks products with Microsoft Exchange
Server. Digital's more than 5 million mail customers will be able to
use Microsoft Exchange Server and benefit from Digital's enterprise
extensions for that product. Digital will also use Microsoft Exchange
Server internally: Digital's enterprise mail backbones will embrace
Microsoft Exchange Server as Digital groups begin to use Microsoft
Exchange-based applications.
Digital is accelerating programs to integrate its OpenVMS
systems with Windows NT, including client/server applications support,
data and system management, additional enterprise features, clustering,
and network integration with Windows NT and Microsoft BackOffice.
Microsoft will support Digital with its commitment to make OpenVMS the
most integrated system with the Windows environment by providing
Digital with access to source code and consulting engineers. Digital
is also committed to providing the best interoperability between the
Windows family and UNIX systems, including out-of-box integration
between Windows and Windows NT with UNIX servers, integrated security,
object interoperability via COM/ObjectBroker, and support for the Win32
APIs on Digital UNIX.
ISV recruitment
Digital and Microsoft will work together to evangelize the
alliance to independent software vendors (ISVs). The companies will
jointly target ports to Windows NT on Alpha systems. They will
encourage OpenVMS ISVs to write to Win32, OLE object technology and
other Windows Open Services Architecture (WOSA) APIs, which are
available on Windows NT Server today from Microsoft and which Digital
will provide for OpenVMS. For certain high-end applications, the
companies will encourage ISVs to write to Win32, OLE and other WOSA
APIs on OpenVMS to obtain 24x365 support, disaster tolerance and the
greatest cluster scalability. Digital plans to provide developer kits
for three-tier client/server applications.
Joint marketing and field engagement
Digital and Microsoft will put in place a marketing plan with a
joint management committee to oversee marketing programs to customers.
This effort will greatly expand existing programs such as hands-on
technical labs at Networld + Interop in spring 1995, a corporate
seminar series recently concluded in Japan, a fall 1995 advertising
campaign, Digital integration and services for Windows 95 and Windows
NT, and cross-training of sales forces. Both companies will commit
local field personnel and worldwide regional management to work
together and jointly engage major customers.
Digital also plans to establish Microsoft Enterprise Competency
Centers worldwide to help customers, developers and others integrate
Microsoft solutions with other solutions. The first center is slated
for the Seattle area.
|
92.2355 | | SUBPAC::MAGGARD | Mail Ordered Husband | Wed Aug 02 1995 18:00 | 4 |
|
Thanks! :-)
- jeff
|
92.2356 | | QUOIN::BELKIN | one...3...5...7..8..9.10! | Wed Aug 02 1995 18:51 | 3 |
| Transcript of business meeting between Bill Gates and Bob Palmer:
Bill: Resistance is futile. You will be assimilated.
|
92.2357 | Super! | WECARE::ROBERTS | climb a ladder to the stars | Wed Aug 02 1995 19:22 | 10 |
|
I loved when Bob sealed the act with a gift to Bill. He gave him
an ultra notebook and called it a laptop and then he also gave Bill
a t-shirt with some kinda inscription about Digital and Microsoft
and Bill said : "Super". Thereby underscoring the whole difference
in style.
I am glad that Bill didn't wear the dorky pullover sweater today. And
Bill kept calling us 'DEC' - you could feel the PR types wincing :-)
|
92.2358 | | SMURF::HAPGOOD | Java Java HEY! | Wed Aug 02 1995 19:25 | 11 |
| re:trading gifts
Yea Carol, and Bill gave Bob this:
>
> The alliance includes substantial funding by Microsoft in
> Digital's worldwide Multivendor Customer Services and Systems
> Integration businesses focused on Microsoft-based solutions. Digital
bob
|
92.2359 | what *I* wanna know is.... | SUBPAC::MAGGARD | Mail Ordered Husband | Thu Aug 03 1995 13:16 | 3 |
|
So now just what was in that green bag? :-)
|
92.2360 | The only guy who could rhyme "Albuquerque" | TRLIAN::DUGGAN | BornInTheDesert,RaisedInTheLionsDen | Mon Aug 07 1995 16:21 | 31 |
| Well, folx, the time has come... AGAIN!
Only this time I'm not quitting, or even getting quitted. I'm simply
leaving.
Friday is my last day corporeally here. After that I'll be here
virtually only. But the best part is, I'll still be drawing a real
paycheck!
I am taking my old pick-em-up truck, my books, and a stray listing or
two, and heading back to New Mexico. I'll still be Corporate Software
Support for the COMMSERVER product, and prolly even still write a line
or two in GRATEFUL occasionally. Only I'll be doing it from home. With
my own cats (no more rent-a-cat hanging around the door) and my own
wife (no more rent-... er, oops... wrong Notesfile!)
So mebbe we might want to get tohether at the usual place Thurs. to
wish old Mikey a safe trip home.
As Dick Bills used to say (old-time local TV kid's show host on KOB-TV in
ABQ and uncle of Glen Campbell)
Ridin' down the trail
To Albuquerque,
Saddlebags all filled
With beans and jerkey,
Headin' for Kay-Circle-Bee
TV Rides for you and me,
Kay-Circle-Bee in Albuquerque.
...michael T. "It's a long,long ride"Head
|
92.2361 | | NAC::TRAMP::GRADY | Subvert the dominant pair of dimes | Mon Aug 07 1995 18:33 | 10 |
| >Only I'll be doing it from home.
I need to talk to you...how did you arrange that? ;-)
>So mebbe we might want to get tohether at the usual
>place Thurs. to wish old Mikey a safe trip home.
Absolutely.
tim
|
92.2362 | | STOWOA::JOLLIMORE | OneWhiteDuck/0^10=nothing at all | Mon Aug 07 1995 18:41 | 1 |
| yup. RAaaaagency! thursday.
|
92.2363 | | CXDOCS::BARNES | | Mon Aug 07 1995 19:13 | 3 |
| see ya in COlo Spgs, eh MIkey?
rfb
|
92.2364 | | TRLIAN::DUGGAN | BornInTheDesert,RaisedInTheLionsDen | Mon Aug 07 1995 19:55 | 8 |
| Yuppers, rfb... lookin' like about Mon. or Toozday for the Spgs...
Tell TLP (The Lovely Patty) to fire up the old chile-chicken-enchilada
thing...
...mike
|
92.2365 | | CXDOCS::BARNES | | Mon Aug 07 1995 21:03 | 4 |
| might have ta hit a local eatery Mikey...Patty's been working 13 hour
Mon, Tues and Thurs lately....
rfb
|
92.2366 | | TRLIAN::DUGGAN | BornInTheDesert,RaisedInTheLionsDen | Tue Aug 08 1995 10:18 | 4 |
| I vote for El Taco Rey then... gitta get my old taste buds in shape for
good old NewMex food...
...mike
|
92.2367 | | CXDOCS::BARNES | | Tue Aug 08 1995 14:09 | 4 |
| fine wuth me...we'll just have to make a few pit stops since El Taco
Rey *DOES NOT* serve beer.....
rfb
|
92.2368 | Taco bell need not apply | TRLIAN::DUGGAN | BornInTheDesert,RaisedInTheLionsDen | Tue Aug 08 1995 16:54 | 4 |
| No beeah, but the bestest tacos this side of the border...
(of course i do *NOT* mean the "taco Hell" border...)
...michael t. frijoleHead
|
92.2369 | NT will rule | ZENDIA::FERGUSON | Split open and Melt! | Tue Aug 08 1995 20:16 | 8 |
| I remember not too long ago that we were debating the future
success of NT vs. UNIX. looks like NT is gonna swamp UNIX
shortly :-)
Go NT, go!
jc_who_has_3_copies_running_on_2_intels_and_1_axp
|
92.2370 | but for now... Unix is free, NT ain't | SUBPAC::MAGGARD | Mail Ordered Husband | Tue Aug 08 1995 20:22 | 11 |
|
Yo JC... I keep wantin' to try out NT Wrkstn on my Int*l box but I can't find
a cheap copy anywhere... everything's like three Ben Franklins and up.
I'm sure you got a used copy you don't want anymore laying around that office
somewhere... right?
:-)
- jeff
|
92.2371 | | SMURF::HAPGOOD | Java Java HEY! | Tue Aug 08 1995 20:33 | 17 |
| I hate to say it but I think what's wrong with DEC today and what
has always been wrong w/ DEC is that all the different
parts/orgs are trying to crush those who are within(DEC) not
without(competition). Reset your targets.
I think it would be excellent if:
NT takes off and soars
UNIX continues to grow in the server segment and maintain in the
workstation segment
VMS/EVMS revenue maintains
Hudson sells more Alpha's than Intel sells Pentiums
should I go on?
just a thought,
bob
|
92.2372 | Order it via AD | NECSC::LEVY | Half-Step Mississippi Uptown Toodleoo | Tue Aug 08 1995 20:33 | 8 |
| Jeff -
Can you get your cost center to justify an Automatic Distribution copy
for you? Perhaps your manager will let you order it in the guise of
learning and self-enrichment (not really BS by my way of thinking).
dave
|
92.2373 | | STOWOA::JOLLIMORE | OneWhiteDuck/0^10=nothing at all | Wed Aug 09 1995 11:35 | 3 |
| >jc_who_has_3_copies_running_on_2_intels_and_1_axp
axp? wahzat? we don't make no axp's. ;-) ;-)
|
92.2374 | | SUBPAC::MAGGARD | Mail Ordered Husband | Wed Aug 09 1995 13:37 | 3 |
|
Careful with that Axp Eugene!
|
92.2375 | | SMURF::HAPGOOD | Java Java HEY! | Wed Aug 09 1995 13:47 | 5 |
| <<< Note 92.2374 by SUBPAC::MAGGARD "Mail Ordered Husband" >>>
>>Careful with that Axp Eugene!
HA!
:)
|
92.2376 | | SUBPAC::MAGGARD | Mail Ordered Husband | Wed Aug 09 1995 14:06 | 12 |
| > Can you get your cost center to justify an Automatic Distribution copy for
> you? Perhaps your manager will let you order it in the guise of learning
> and self-enrichment (not really BS by my way of thinking).
Never hap'n cap'n ... certainly not for personal use at home -- mgmt here
doesn't subscribe to that kinda "enrichment." The only possibility is if I
can get a PC on my desk and talk them into letting me beta test NT-WS for the
group...
- jeff_who_can_make_anything_crash_:-)
|
92.2377 | Hey, don't write off Unix yet (I NEED something to do...) | QUARRY::petert | rigidly defined areas of doubt and uncertainty | Wed Aug 09 1995 14:20 | 13 |
| I agree with Happy Bobgoods view. Let's all be nice and play friendly, ok?
It would be great if all our OS's (now, could we have said that 5 or 6
years ago?) took off and did great. NT will hopefully do well. I must
admit I was a wee bit disappointed when I realized it was still a
32 bit OS on the alpha though. But then, it's not like the alpha has made
a large push into the pc market yet. Hopefully NT will help it
along.
PeterT
ps And let's not forget Linux (which I'd probably prefer to run on
a PC and runs fine on alpha)
|
92.2378 | | STAR::HUGHES | Captain Slog | Wed Aug 09 1995 15:35 | 12 |
| re .2370
The cheapest alternative may be to buy an upgrade kit. I've seen the
3.51 upgrade kit at some peecee stores for $99. Technically you are
supposed to be upgrading from NT 3.1. It may check, but the 3.5 upgrade
did not.
I bought the NT 3.5 upgrade last year for $99 and just got the 3.51
step up from Microsqush for $20 (the step up does check for the
existance of 3.5 and says so on the box).
gary
|
92.2379 | | ZENDIA::FERGUSON | Split open and Melt! | Wed Aug 09 1995 16:38 | 10 |
| I might be able to find a 3.1 CD around for ya.
have to look.
nt screams on my P90 with 98 MB ram (NT only sees 66 MB... have to figure
out why). finally, i have a nice 21" color monitor... after 8 yrs at
dec i finally get a nice monitor.
i now do everything from NT...
love it.
|
92.2380 | another de-motivational seminar | ASDG::IDE | My mind's lost in a household fog. | Wed Sep 20 1995 14:04 | 6 |
| I heard a new buzzword from a DS marketing VP yesterday "the wood
behind the arrow." Be the first one in your group to use it (whatever
it means). Anyway, now I know why Dilbert picks on marketing types so
frequently (sorry, da ve).
Jamie
|
92.2381 | "marketing types"? me??? my group would find THAT funny! :^) | ALFA2::DWEST | his job is to shed light... | Wed Sep 20 1995 15:07 | 5 |
| insert your favorite disgruntled noise here... mine is "harumph"...
:^) :^) :^)
da ve
|
92.2382 | | CXDOCS::BARNES | | Wed Sep 20 1995 15:12 | 7 |
| The audience should have been fully loaded with those nerf bow and
arrow guns and blasted the hell out of that guy....
p.S. noise = that sneezing sound from Animal House that sounds like
"Bullshit"
rfb
|
92.2383 | ...and to think BJ was an Engineer just last year | SUBPAC::MAGGARD | Mail Ordered Husband | Wed Sep 20 1995 17:19 | 8 |
| > The audience should have been fully loaded with those nerf bow and arrow
> guns and blasted the hell out of that guy....
well ... we do have one of those Nerf Gatling Gun arrow shooters in a conf.
room down the hall... for next time :-)
- jeff_got_a_pair_for_my_parents_for_Xmas_last_year
|
92.2384 | | SSGV02::TPNSTN::strobel | Jeff Strobel | Wed Sep 20 1995 18:09 | 1 |
| wood behind the arrow - kind of makes you quiver, doesn't it? ;-)
|
92.2385 | | MSBCS::EVANS | | Wed Sep 20 1995 18:24 | 7 |
| Putting all the wood behind the arrow is a phrase used more than a couple of
years ago by the folks at Sun in reference to being a UNIX-based company with
no concentration on any other operating system. Given the context, one should
be careful how you use this phrase.
Jim
|
92.2386 | | AWATS::WESTERVELT | split open & melt | Wed Sep 20 1995 19:18 | 1 |
| Sounds pretty much on target to me.
|
92.2387 | I'm glad I got out!!! | ASABET::DCLARK | doin' that crazy hand jive | Wed Sep 20 1995 20:08 | 2 |
| Jeez, working for DS is de-motivating enough, never mind listening
to marketing VP's!
|
92.2388 | feh... :^) | ALFA2::DWEST | his job is to shed light... | Wed Sep 20 1995 20:35 | 5 |
| oh, fooey on you... defector!!!! :^) :^) :^)
DS ROOOLZ!!!!! :^) :^) :^)
da ve
|
92.2389 | my $.02 | ASABET::DCLARK | doin' that crazy hand jive | Thu Sep 21 1995 13:06 | 4 |
| maybe I shouldn't be so hard on DS as a whole, but parts of it are in
REAL bad shape. I got sick of watching the organization eat itself.
- Dave
|
92.2390 | | ASDG::IDE | My mind's lost in a household fog. | Thu Sep 21 1995 13:12 | 14 |
| re .-1
This problem has been solved by constantly re-organizing so that it's
impossible to tell which groups have their acts together and which
don't.
I think I hit a sore spot (open wound?) with da ve. Let the
name-calling begin: marketeer . . . marketeer . . . marketeer. :-)
I did pick up an important marketing tidbit, though: it's easy to
dominate your market if you define your market narrowly enough. Alpha,
top choice among left-handed Lithuanian airline pilots.
Jamie
|
92.2391 | | STAR::HUGHES | Captain Slog | Thu Sep 21 1995 14:11 | 8 |
| >name-calling begin: marketeer . . . marketeer . . . marketeer. :-)
Ah, but does he wear the hat with the ears and a T-shirt with his
across the front?
BTW, what's DS?
gary
|
92.2392 | | CXDOCS::BARNES | | Thu Sep 21 1995 14:33 | 7 |
| drumz and space.....
...sorry
rfb
|
92.2393 | | STAR::ECOMAN::DEBESS | IHad1ofThoseFlashesI'dBeenThereBefore | Thu Sep 21 1995 14:34 | 5 |
|
we're on the same wavelength, rfb...I keep thinking Dark Star ;-)
Debess
|
92.2394 | Digital Semiconductor | FABSIX::T_BEAULIEU | Like A steam Locomotive | Thu Sep 21 1995 15:14 | 1 |
|
|
92.2395 | just flew back from Atlanta and are my arms tired... :^) | ALFA2::DWEST | his job is to shed light... | Tue Oct 03 1995 16:01 | 15 |
|
to be honest, i have to admit that there are pzrts of this business,
like many others in this company, that are still in *serious* need of
attention... there are some places where some excellent people are
laboring under some less-than-excellent circumstances (you define
"circumstances"... i won't in public)
and there are other parts when some very good folks are busting thier
cookies to try and make it all happen right...
i guess i just have a thing about generalizations...
including the one about me being a merketeer... ;^) :^) :^)
da ve
|
92.2396 | ugh... i hate when this happens... | ALFA2::DWEST | the storyteller makes no choice... | Tue Jan 16 1996 17:30 | 15 |
| i am not a geek, but sometimes i wish i was! :^)
maybe someone here can give me a pointer or three...
i'm trying to help one of my groupies upgrade his netscape browser from
the .9 version he's running, to the 1.22 version... we downloaded
the .zip file from the sbg software server and i can see it in his file
manager, but we can't unzip it to run the new setup file that should be
in there somewhere... can anyone point me to the place where i can get
the unzip utility? i thought i had pkunzip on my machine but i don't
see it anywhere... once i have it i should be able to just "unzip
n16122.zip" i believe, correct?
da ve
|
92.2397 | | MKOTS3::JOLLIMORE | Couldn't stand the weather | Tue Jan 16 1996 17:42 | 7 |
| da ve,
you'd unzip it with "PKUNZIP N16122"
you can copy it from
MKOTS3::USR14:[JOLLIMORE.PUBLIC]PKUNZIP.EXE
|
92.2398 | | ALFA2::DWEST | the storyteller makes no choice... | Tue Jan 16 1996 17:53 | 1 |
| thank you!!!!!
|
92.2399 | cool results for DS... ice creams all around! :^) | ALFA2::DWEST | the storyteller makes no choice... | Mon Jan 22 1996 13:18 | 41 |
| From: CHIPBZ::PROPER "19-Jan-1996 1720" 19-JAN-1996 17:22:40.23
To: @SYS$COMMON:[SYSEXE]SITEMAIL.DIS
CC:
Subj: SITEMAIL: Celebrating Q2 results - Ice Cream Give Away
+---+---+---+---+---+---+---+TM
| | | | | | | |
| d | i | g | i | t | a | l | I N T E R O F F I C E M E M O
| | | | | | | |
+---+---+---+---+---+---+---+
TO: HLO Employees DATE: January 19, 1996
FROM: Richard Riker
DEPT: Semiconductor
Marketing & Sales (SMS)
EXT : 225-6827
LOC/MS: HLO2-2/M07
ENET: CHIPBZ::Riker
Subject: Celebrating Q2 results - Ice Cream Give Away
The Sales organization in conjunction with the Product
Marketing groups, would like to invite you to an ICE CREAM
GIVE AWAY, celebrating our outstanding Q2 external (130% of plan)
and Internal (112% of plan) revenue results.
During payroll distribution you will be given a ticket good for
the redemption of one ice cream bar/sandwich.
Best Regards,
Richard Riker
----- End of forwarded message -----
|
92.2400 | Lycos "no thanks" to Sun, *BUYS* Turbolaser! :-) | SUBPAC::MAGGARD | Mail Ordered Husband | Tue Jan 23 1996 14:03 | 60 |
|
[headers deleted]
Message-id: E14ZWCTH0NVY
From: NAME: Harry Copperman
FUNC: Systems Business Unit
TEL: 297-7560 <COPPERMAN.HARRY@A1@MROA@MRO>
Subject: I: Lycos ~ "Powered by Digital's Alpha Generation"
1
Date: 12-Jan-1996
Posted-date: 12-Jan-1996
Precedence: 1
To: See Below
I'm pleased to let you know that Lycos, Inc., provider of the world's
fastest and most comprehensive Internet catalog, has replaced its Sun
servers with Digital AlphaServer 8400s, which will provide the
foundation for its server framework. As part of the agreement, the
Lycos home page (http://www.lycos.com), which serves more than 50
million queries per month and boasts a query growth rate approaching
2000% annually, will display the phrase "Powered by Digital's Alpha
Generation" and the Digital logo. Also, the Digital logo will be
hotlinked to Digital's own home page. Needless to say, we are
developing an aggressive publicity campaign to ensure maximum exposure
of this exciting news.
Lycos, based in Marlboro, Mass., has catalogued more than 10 million
sites, representing well over 90 percent of the World Wide Web. The
company was recently featured in Forbes in an article entitled, "Along
came the spiders." Because it is one of the most accessed sites in the
world, Digital's presence on the Lycos home page will have tremendous
promotional benefits for our Alpha systems business and for Digital.
Although Sun offered additional servers to Lycos FREE OF CHARGE in a
last ditch effort to save its relationship with Lycos, this Web
industry leader elected instead to PURCHASE two AlphaServer 8400s and
StorageWorks products to meet its increasingly demanding performance
needs. This is a win all of us should be proud of and excited about.
Lycos, which also has offices in Pittsburgh, Penn., is funded by
CMG@Ventures, a wholly-owned strategic investment and development
subsidiary of CMG Information Services, Inc. Lycos is the exclusive
licensee of the Lycos spider technology, originally developed at
Carnegie Mellon University. The Lycos catalog and search tool was
first made available to Internet users in October 1994. Lycos develops
its revenues from licensing its technology and Internet catalog to
other companies and from advertising. Digital also will be advertising
on the Lycos site.
We'll be sure to post on-going updates about this new relationship.
:mml
To Distribution List:
Enrico Pesatori@MSO,
Vincenzo Damiani@OGO,
Vincenzo Damiani@GEO,
[truncated]
|
92.2401 | | NAC::TRAMP::GRADY | Subvert the dominant pair of dimes | Tue Jan 23 1996 15:22 | 6 |
| Re: Turbolaser 8400.
Fastest f&ckin' machine I've ever seen. Simply
incredible.
tim
|
92.2402 | | ALFA2::DWEST | the storyteller makes no choice... | Tue Jan 23 1996 20:01 | 1 |
| VRML is cool... when you can get it to work! :^)
|
92.2403 | | MKOTS3::JOLLIMORE | Couldn't stand the weather | Wed Jan 24 1996 11:15 | 4 |
| i like that.
we *sell* 'em 8400's while sun offers to *give* 'em servers.
and, we make alta vista available at the same time.
big score, imo.
|
92.2404 | A.V. | DELNI::DSMITH | Answers aplenty in the by & by | Wed Jan 24 1996 12:12 | 3 |
|
I agree Jay. A stupid as it may be, offering a service like Alta Vista
can crank up sales.
|
92.2405 | | SUBPAC::MAGGARD | Mail Ordered Husband | Wed Jan 24 1996 12:50 | 25 |
| > I agree Jay. A stupid as it may be, offering a service like Alta Vista can
> crank up sales.
Interesting point... the folks who put the "test drive" Alpha sysetms together
have been hampered by an uncooperative management and a lack of resources
(hardware, people, cash, etc.) because, perhaps, of a lack of publicity and
"pull" from customers.
...but as soon as the world sees AltaVista and says "YO, THAT'S WAY COOL!
GIMME MORE!" the old timers at MSO hop to and make a big stink to the world
about their great invention ...
...Hmm.... maybe we can lever something like this with the DS web site...
where we build something wicked cool like a VRML fab tour... somehting that
everyone will love, we go out and get some great press about it, then let the
"consumer" rewrite the corporate web guidelines for us... how bout it da ve?
I've got Fountain on my PC at home... ...all we need is a camera and a
permit... and if you've got acces to those FAB construction pix that were
hung up in the hallways in 1993/4/5, we're well on our way! :-)
- jeff
|
92.2406 | re Ice cream | FABSIX::T_BEAULIEU | Like A steam Locomotive | Wed Jan 24 1996 14:09 | 5 |
|
I hope this isn't the profit sharing idea 8-)
Toby
|
92.2407 | :^) | ALFA2::DWEST | the storyteller makes no choice... | Wed Jan 24 1996 16:11 | 9 |
| re the ice cream... nope, it's a "thank you present" from your
marketing and sales vp...
re VRML on DS website... already being talked about... :^) two ideas
on the table... fab 6 and a virtual demo room... that's why i've been
checking into VRML the last day or two... i'm using VR Scout... kinda
quirky and it doesn't want to work every time, but it's pretty neat!
da ve
|
92.2408 | | MKOTS3::JOLLIMORE | Couldn't stand the weather | Wed Jan 24 1996 18:49 | 2 |
| n e 1 using Digital's Tunnel program to connect to work from home
using an ISP???
|
92.2409 | | QUARRY::petert | rigidly defined areas of doubt and uncertainty | Wed Jan 24 1996 20:24 | 9 |
| > n e 1 using Digital's Tunnel program to connect to work from home
> using an ISP???
No, but I'd be interested in hearing about it. I dial in frequently and
have SLIP running so I'm pretty cool most of the time, but if I get
disconnected during working hours, I can't connect up again till after
5pm, which can be a pain...
PeterT
|
92.2410 | | ALFA2::DWEST | the storyteller makes no choice... | Thu Jan 25 1996 18:07 | 1 |
| mmmmmmmm.... ice cream...... :^)
|
92.2411 | | MKOTS3::JOLLIMORE | Couldn't stand the weather | Fri Jan 26 1996 12:08 | 3 |
| petert, I've installed it, but haven't actually connected yet.
first, my isp didn't know the host, and then the tunnel was down.
|
92.2412 | Big Brother beefs up security | AD::CHARNOKY | The time has come, the walrus said | Wed Jan 31 1996 18:12 | 201 |
| I just got a message about some new security practices here at HLO.
Looks like Big Brother is gonna be watching us a lot closer from
now on: certain entrances are being closed, baggage and packages will
be inspected, cameras and sensors are being added, and new security
personnel are being hired.
Are these practices going on at other sites? What's next?
FWIW, here's the message:
'noky
----
From: NAME: Ed Caldwell
FUNC: Digital Semiconductor
TEL: 225-5036 <CALDWELL.R E@A1@SALES@AKO>
To: See Below (Distribution List Truncated)
To: DS HLO Employees
Subject: Site Security Enhancements: Material/Package Inspection Program
Digital Semiconductor has made great strides in its goal to become a world
class semiconductor merchant vendor of choice. Our success in this ongoing
endeavor is a testament to the commitment shown by our employees.
Unfortunately, over the past few years we have experienced an increase in the
theft of computers, computer parts, and personal belongings from the site.
While we recognize that this behavior is limited to a very small percentage
of our population, we must respond to this trend in a decisive and equitable
manner.
After a careful review of accepted standards and trends within our industry,
we have decided to implement a series of enhancements to our security program.
For most employees the most significant change will be the Package/Material
Inspection Program.
The Package/Material Inspection Program
- ---------------------------------------
Effective February 12th, 1996, all packages and materials entering and leaving
the site will be inspected by security personnel. Included in this inspection
process will be briefcases, pocketbooks, boxes, bags, etc. Security personnel
will not handle any of your items, but will be authorized to ask you to move
objects to allow for review of all contents. Employees can assist in this
effort by ensuring that company assets are accompanied by a property removal
pass.
To insure the success of this program, it will be necessary for all employees
to enter and leave the HLO site through either the HLO2 or HLO3 Lobbies. Both
lobbies will be open and fully staffed 7 days a week, 24 hours a day. To
facilitate this change, the HLO2 East Card Reader Entrance, HLO1 Lobby, and
HLO3 exterior turnstile will be closed except for use as emergency exits.
Package/Material Inspection is only one facet of our improved security
program.
To date we have upgraded our security camera system to insure that critical
areas (site exits, stockrooms) are monitored on a 24 hour basis; upgraded our
perimeter door alarm coverage; improved property movement controls through
shipping/receiving and security; and placed sensible controls on our cafeteria
courtyard exits.
Future enhancements will include increasing the control of vehicles and
pedestrians into the HLO1 Shipping/Receiving and Finished Goods areas and the
protection of ground level glass through the installation of glass break
sensors.
The adoption of these initiatives will increase the level of security for
Digital Semiconductor employees. Your cooperation and assistance as we proceed
with their implementation will contribute to the continued success of our
business.
Thank you.
The following Q&A includes many of the typically asked questions regarding the
new inspection program.
Q&A On Package/Material Inspection Program
WHY ARE WE IMPLEMENTING A PROGRAM?
The Package/Material Inspection Program is being implemented to allow us
to better protect our assets: People, Product, Property and Information.
With us moving into a merchant business model, the demand for our products
is expected to increase. With increased demand there is a need to increase
our business controls. This program is a piece of the increased business
controls.
HOW WILL THE INSPECTIONS BE CONDUCTED?
Inspections will be done in each of the lobbies every time you enter or
exit the facility with a parcel, package, bag, briefcase, purse, etc.
Security will do everything possible to make the process as quick and
efficient as possible.
WILL PEOPLE BE HANDLING MY PROPERTY?
No, you will be asked to open the item so that the Security Officer
may view the contents. If the Security Officer needs something moved
in order to clearly see the contents, you will be asked to move it.
If Digital property is found without the required paperwork, it will
be held until the issue is resolved.
WILL THIS CAUSE A PROBLEM WITH TRAFFIC FLOW THROUGH THE LOBBIES?
By the end of January we will have completed the additional hiring and
training of Security personnel necessary to minimize traffic flow
disruption in each of the lobbies.
DO OTHERS IN THE INDUSTRY HAVE INSPECTION PROGRAMS?
Yes, Intel, Motorola, National Semiconductor, Texas Instruments and
AMD have programs. Several other Digital sites also have programs.
WILL VISITORS, VENDORS, CUSTOMERS AND CONTRACTORS PARTICIPATE?
Yes, everyone entering and leaving the site will participate in
the inspection program.
WHAT WILL BE INSPECTED?
All packages and materials entering and leaving the site to include
boxes, briefcases, purses, all types of bags, notebooks, and laptop
carriers will be inspected.
HOW WILL LAPTOPS BE TREATED UNDER THE PROGRAM?
Company or personal laptop computers will need to have a Personal
Computer Sticker attached to them. To obtain a sticker for a company
owned laptop you must bring an appropriately signed property removal
pass to Security. To obtain a sticker for a personally owned laptop, a
bill of sale must be shown. All other personal property that could be
confused with company assets should be registered with security upon
arrival to the site.
WHAT IF I REFUSE TO PARTICIPATE IN THE INSPECTION PROGRAM?
The Inspection Program is a site and company work policy. U.S.
Personnel Policy 8.11, Asset Protection, states that employees who
refuse to participate in the inspection program will be subject to
corrective action in accordance with U.S. Personnel Policy 6.21,
Corrective Action and Discipline.
If you refuse to participate in an inspection, the officer will ask
you for your name and badge number for follow-up with your manager and
Personnel.
WHAT ABOUT PERIMETER CARD READER ENTRY/EXIT POINTS?
The perimeter card readers will no longer be used to access/exit our
buildings. The HLO3 and HLO2 Lobbies will be open 7x24 and will be
the only authorized access/egress points.
WHAT IF I DON'T WANT MY PROPERTY INSPECTED?
Do not bring it into the facility. If you don't bring it in, you won't
have anything to inspect when leaving. The purpose of this program is
to deter activity that could be detrimental to both employees and Digital.
WHAT IF SOMETHING IS FOUND?
You will be asked to provide paperwork for the removal of company
assets or demonstrate that an item is personal property via a log
entry in the Personal Property Log. If you are unable to provide the
necessary paperwork or prove an item is personal property, the item
will be held by Security and the issue will be worked through your manager.
WHY ARE WE INSPECTING MATERIAL/PACKAGES COMING INTO THE SITE?
Materials/packages are being inspected as they come into the site to
ensure personal property is being registered, cameras and recording
devices are accompanied by the appropriate paperwork, chemicals are
not entering through the lobbies and that weapons are not being
brought onto the property.
Distribution: This message was delivered to you utilizing the Readers Choice
delivery services. You received this message because you are employed in
Digital Semiconductors located in Hudson. If you have questions regarding
this
message, please contact the author.
To Distribution List:
SHAUGHNESSY@CRONIC@VMSMAIL,
SHEA@TOLKIN@VMSMAIL,
SHONG@LUDWIG@VMSMAIL,
SIEGEL@CHIPS@VMSMAIL,
SILVERMAN@BIGQ@VMSMAIL,
SMITH@HOTLNE@VMSMAIL,
SNYDER@RICKS@VMSMAIL,
SPERANZA@HOTLNE@VMSMAIL,
STARVASKI@SHARE@VMSMAIL,
STAYLOR@ROCK@VMSMAIL
Distribution List Truncated
|
92.2413 | | TEPTAE::WESTERVELT | | Wed Jan 31 1996 18:18 | 2 |
|
This could mean a longer walk to/from my office. lkg
|
92.2414 | | SPSEG::COVINGTON | I drive for music. | Wed Jan 31 1996 18:40 | 4 |
|
I'd bring in my big, fat, stinky, smelly sweaty hockey bag every
morning if they did that. :)
|
92.2415 | :) | WILLEE::OSTIGUY | the eyes of man have not set foot | Wed Jan 31 1996 18:46 | 3 |
| Jim, go for it !!!
"ahh huhuhu, he said Hockey Bag"
|
92.2416 | | SPECXN::BARNES | | Wed Jan 31 1996 18:46 | 10 |
| they have random checks here in CXO. I hear lots of laptops and modules
are dissapearing. The guards and I laugh alot as they go thru my
"purse" (fanny pack). The guards also complain that at other companies
*they* can rifle through yer stuff, but at DEC *U* move the stuff
around so they can see into a parcel or bag. I think that the
the guards think they could catch the few thiefs there are if they were
given more "freedoms".
rfb_not a thief
|
92.2417 | back to business as used to be usual... | ALFA2::DWEST | the storyteller makes no choice... | Wed Jan 31 1996 19:05 | 48 |
|
been talking about this elsewhere but it might as well go here too
since there's so many HLO heads in here... there are several points
that need to be made in support of this kind of thing... a lot of
people are complaining, but there's good reason for some of this
stuff...
first, this is not news... well, at least it shouldn't be... i've
worked here for 12 years now and there's been a policy in place like
this the whole time... it hasn't always been followed to the letter,
but it has always been there... given the nature of the business, and
what is common practice at other semiconductor sites, our policy here
is actually more lenient than what is in place at other sites...
second, theft has been getting to be an increasing problem here... i
know people who have gone home at night, leaving a working pc in thier
office, only to come back the net day and find that someone has taken
the memory simms, processor, cache, graphics boards, etc... assets
have gone missing (whole systems), laptops walked out the door never to
return etc... and on top of that is the personal property... radios
and the like from peoples offices... granted the personal property is
probably a secondary issue, but there's a lot of valuable stuff around
here that can fit in a bag and walk away all to easily...
third, site security is actually returning to what it has been in the
past... when resources were tight and budgets even tighter, the
security folks tried a number of things to try and cut costs while
keeping the building secure (meaning both keeping the "bad guys" out
and keeping the good stuff in)... they also have tried to accomodate
requests by employees to have more convenient building access by having
more keycard controlled doors... the problem is, doors without gaurds
make it even easier for stuff to walk out the door... the keycard
thing just doesn't work... sure it can helkpkeep some folks out, but
once in, anyone can walk out with anything they can conceal...
sure it's a shame that it has to be this way, but thousands of dollars
in company assets and personal property are walking out the door!!
sure, having bags checked randomly (i doubt the door guards will check
EVERY bag, no matter what it says in the note) is inconvenient, but
the alternative is unacceptable too... bottom line is DS has to cover
its ass(ets) and if this gives people pause to think before trying
to make off with a freebie, then it's a good thing... and in the end,
this too shall pass... they're just re-asserting a right that they
have always claimed, and is not all that uncommon...
no biggie really...
da ve
|
92.2418 | | SPSEG::COVINGTON | I drive for music. | Wed Jan 31 1996 19:17 | 9 |
|
Ya, I guess I see the point. (harumph.) I think a random search would
be very effective, esp. if the guards made it a point not to search
only "suspicious-looking" people.
Jim
-who-usually-gets-all-the-stuff-to-sneak-into-concerts-cause-I-look
-like-a-guy-from-a-milk-commercial
|
92.2419 | | TEPTAE::WESTERVELT | | Wed Jan 31 1996 19:19 | 1 |
| thank you mr. minor ;-)
|
92.2420 | :^) | PCBUOA::LEBLANCC | All good things in all good time | Wed Jan 31 1996 19:21 | 1 |
| what makes one "suspicious looking"?
|
92.2421 | | SPSEG::COVINGTON | I drive for music. | Wed Jan 31 1996 19:27 | 16 |
|
"That's not a 17-inch monitor, it's my hunch."
"Your hunch?"
"Yes, as in hunchback."
"Wasn't it on the other side yesterday?"
"What?"
"Never mind."
That would be suspicious.
|
92.2422 | too funny | PCBUOA::LEBLANCC | All good things in all good time | Wed Jan 31 1996 19:31 | 3 |
| thanks for clearing that up
:^)
|
92.2423 | har | TEPTAE::WESTERVELT | | Wed Jan 31 1996 19:51 | 1 |
| check the mirror ;-)
|
92.2424 | | DELNI::DSMITH | Answers aplenty in the by & by | Thu Feb 01 1996 12:42 | 8 |
|
Not too long ago, at at High-Note Laptop demo in the LKG cafe, I
overheard a lady (one of the demonstation people) complaining that 2
SIMM cards were removed from a High-Note demo that was left unattended.
That is really cruel. Security definitely needs to hammer down to find
these theives and have them fired so we don't have to armour up our
offices when we leave at night or go to a meeting.
|
92.2425 | Happened here too | NECSC::LEVY | Half-Step Mississippi Uptown Toodleoo | Thu Feb 01 1996 13:03 | 10 |
| In SHR we had 2 incidents in our area:
- A P90 CPU removed from a dual-processor lab machine.
- An entire P100 system disappeared one night.
We now have surveilance cameras installed in our area.
dave
|
92.2426 | | STAR::ECOMAN::DEBESS | Wake Now, Discover... | Thu Feb 01 1996 13:06 | 10 |
|
> We now have surveilance cameras installed in our area.
I was just going to say, I would rather have my outgoing
bags looked through rather than having cameras watching me
possibly all the time...
Debess
|
92.2427 | ? | PCBUOA::LEBLANCC | All good things in all good time | Thu Feb 01 1996 15:10 | 1 |
| yeah whaddya do when you gotta pick yer nose?
|
92.2428 | | SALEM::MARTIN_S | Perpetual Smile... | Thu Feb 01 1996 16:41 | 7 |
|
When ya gotta pick, PICK!
Steve-O_who_NEVER_picks
|
92.2429 | :-) | WECARE::ROBERTS | climb a ladder to the stars | Fri Feb 02 1996 16:23 | 6 |
|
Re: .2418
>-who-usually-gets-all-the-stuff-to-sneak-into-concerts-cause-I-look
like a librarian who's on a field trip
|
92.2430 | StrongARM is o-fish-ally announced.... | ALFA2::DWEST | the storyteller makes no choice... | Mon Feb 05 1996 16:41 | 348 |
|
a big announcement for Digital Semiconductor and maybe some
great (grate?) opportunities for Digital! StrongARM goes
o-fish-al!
da ve
From: SCOMAN::PONYEX::PONYEX::MRGATE::"NEMTS::SALES::A1::CALDWELL.R E" "05-Feb-1996 0823" 5-FEB-1996 08:14:59.55
To: @Distribution_List
CC:
Subj: SA-100 StrongARM Microprocessor 1
From: NAME: Ed Caldwell
FUNC: Digital Semiconductor
TEL: 225-5036 <CALDWELL.R E@A1@SALES@AKO>
To: See Below
Today we are taking a significant step forward in our mission as a
merchant vendor with the announcement of the SA-110 StrongARM
high-performance, low-power microprocessor. This is our first product
directed at the high-volume consumer electronics market for products
such as smart handheld devices (PDAs, organizers, smart phones), 3D
video games, TV set-top boxes, and low-cost Internet access terminals.
The SA-110 StrongARM microprocessor, developed under our license
agreement with Advanced RISC Machines Ltd., combines Digital
Semiconductor's renowned, performance-focused design and manufacturing
expertise with the ARM low-power architecture. The resulting chip,
available in 100MHz, 160MHz, and 200MHz versions, sets new standards for
overall performance, MIPS-per-watt, and MIPS-per-dollar for the embedded
consumer market.
With performance several times that of comparable microprocessors and
power dissipation at sub-watt and sub-half-watt levels, the SA-110 lives
up to its billing as delivering "supercomputer performance on AA
batteries."
Microprocessor Report analyst Jim Turley called the StrongARM SA-110 a
"technical tour de force" with "a nearly unbeatable combination of
performance, price, and power consumption." Andy Seybold, editor-in-
chief of Andrew Seybold's Outlook on Communications & Computing, said
the new chip is "truly an impressive feat. With its power-efficient
design, the SA-110 could create a real volume opportunity and propel
Digital Semiconductor into the wireless market."
Industry watchers estimate the microprocessor opportunity for StrongARM
target markets at more than 29 billion units by 1999. StrongARM
technology offers Digital Semiconductor a prospect for tremendous
growth, and we are pursuing it with great energy.
Congratulations to our StrongARM design, manufacturing, and marketing
teams in Palo Alto, Austin, and Hudson, and to all who have played a
role in its successful introduction!
(Release attached)
Puts Supercomputing in the Palm of your Hand ....
DIGITAL TARGETS SUPERCHARGED StrongARM CHIP
AT CONSUMER ELECTRONICS MARKET
....Enables Better Handwriting Recognition and True Speech
Recognition for PDAs, Sizzling 3D Games, Interactive Home
Shopping, Fast Web Terminals....
MAYNARD, Mass., February 5, 1996 -- Digital Equipment
Corporation today introduced the much anticipated SA-110
StrongARM microprocessor, the first processor to combine the
performance of a supercomputer with power dissipation low
enough to run on AA batteries, and pricing which is geared
toward mass-market, consumer electronics products.
"The StrongARM microprocessor family is one of the
cornerstones of our merchant vendor strategy," said Ed
Caldwell, vice president, Digital Semiconductor, a business
of Digital Equipment Corporation. "We see tremendous
opportunity to deploy this technology across many mass-
market application areas." According to industry analysts,
the potential microprocessor volume for the StrongARM target
markets -- personal digital assistants (PDAs), electronic
organizers, set-top boxes, and video games -- will exceed 29
billion units by 1999.
The SA-110 microprocessor is the first member of the
StrongARM family resulting from the architecture license
agreement between Digital and Advanced RISC Machines Ltd.
(ARM), developer of the ARM 32-bit RISC architecture.
"Combining ARM's low-power architecture with Digital's high-
performance processor design expertise and CMOS process
leadership has created a new paradigm for embedded consumer
electronics products -- supercomputer class performance on
AA batteries," said Robin Saxby, president and CEO,
Advanced RISC Machines Ltd.
MARKET OPPORTUNITIES
Industry watchers see a bright future for the StrongARM
technology. According to Jim Turley, senior analyst,
Microprocessor Report, "The SA-110 StrongARM processor is a
technical tour de force and a milestone for both Digital
Semiconductor and the ARM architecture. It offers a nearly
unbeatable combination of performance, price and power
consumption."
Tim Bajarin, president, Creative Strategies
International commented, "The design of the SA-110 StrongARM
chip has clearly involved PDA developers, smart phone
manufacturers, set-top box suppliers, and even companies
exploring the internet computer. This type of foresight
heralds a new wave of mobile products which meet consumers'
real needs."
INTERNET TERMINALS
The huge market potential for an instant access, low-
cost product to 'surf the net' has grabbed the attention of
both the computer and consumer electronics industries. The
SA-110 StrongARM chip is well-positioned to make this
concept a reality.
According to Andy Laursen, vice president of Network
Computing at Oracle Corporation, "The explosive consumer
demand for inexpensive, high-performance internet access
will fuel the need for a low-cost web terminal. StrongARM
represents the kind of technology that will put this product
within reach of the mass consumer market."
PDAs AND ORGANIZERS
The SA-110 StrongARM processor will greatly enhance the
functionality of next generation PDAs and electronic
organizers. "Apple's Newton team and the StrongARM design
team have worked closely together during the past eighteen
months," said Michael Culbert, system architect, Apple
Computer, Inc. "We are very excited about this new
technology and its potential to carry the next generation of
Newton PDAs to a new level. Our customers and licensees
will be delighted by the new applications and human
interface capabilities this chip can enable."
In addition, application developers targeting mobile
workers are porting key applications to the StrongARM
platform. Papyrus Associates Inc., a leader in handwriting
recognition software has endorsed the StrongARM technology.
"The excellent computational capabilities will enable us to
offer improved handwriting recognition software," said Bill
Kania, president, Papyrus Associates Inc. "Thanks to a
mature compiler environment, our software was easily ported
to StrongARM."
Dragon Systems, Inc., the industry leader in speech
recognition technology, is also enthusiastic about the
StrongARM technology. "The performance delivered by the
SA-110 will enable Dragon Systems to provide advanced speech
recognition capabilities for handheld portable products,"
said Stephen Breit, manager of special projects, Dragon
Systems.
SET-TOP BOXES AND VIDEO GAMES
Second generation set-top boxes will drive the movement
to real interactive TV and hyper-realistic 3D video games in
the $200-$400 range. "Interactive set-top boxes are a
demanding product to build -- you need twice the performance
of a desktop PC at one third the cost," said Malcolm Bird,
chief executive, Online Media, Ltd., a leading supplier of
set-top box technology and products. "While the performance
of these StrongARM processors is impressive, what sold us on
this technology is the price points at which the performance
is delivered. This technology will help make interactive TV
a reality."
INDUSTRY LEADING MIPS/WATT AND MIPS/DOLLAR
The SA-110, available in 100 MHz, 160 MHz, and 200 MHz
internal clock speeds, has set new industry benchmarks in
terms of both power- and cost-efficiency, as well as overall
processor performance.
The 100 MHz part operating at 1.65 volts, delivers 115
Dhrystone 2.1 MIPS while dissipating less than 300 mW of
power. The 160 MHz version delivers 185 Dhrystone 2.1 MIPS
at only 450 mW of power dissipation, giving a
performance/power ratio (MIPS-per-watt) of over 400. This
makes it the most power-efficient processor available today.
The 200 MHz part operates at 2.0 volts and performs 230
Dhrystone 2.1 MIPS while still running on under a watt of
power. This device, priced at under $50, achieves the
industry's best performance/price ratio at almost 5 MIPS/$
(MIPS-per-dollar). Pricing for the 100 MHz part is less
than $29 in 10k unit quantities, while the 160 MHz part is
available for $49 in the same quantities.
Cost reduction is a primary focus for the SA-110
product. All three versions are packaged in a low-cost,
small footprint, plastic package (144-pin plastic TQFP).
The SA-110 can accommodate 3.3 volt input/output levels,
allowing system designers to utilize off-the-shelf 3.3 volt
memories and other commodity components.
The SA-110 is produced on eight-inch wafers on a 0.35
micron CMOS process at Digital's state-of-the-art Fab 6
facility in Hudson, Mass. Samples are available now, with
production scheduled to begin in the spring. Software
development tools (compilers, assemblers, debuggers),
operating systems, and applications are available through
Digital and other third party companies supporting the ARM
architecture.
Digital Semiconductor, a Digital Equipment Corporation
business headquartered in Hudson, Massachusetts, designs,
manufactures and markets industry-leading semiconductor
products including Alpha microprocessors and PCI chips for
networking, bridging, and graphics/multimedia, as well as
low-power StrongARM microprocessors under license from
Advanced RISC Machines Ltd. Mitsubishi Electric Company is
a second source for Alpha microprocessors. World Wide Web
site: http://www.digital.com/info/semiconductor
Digital Equipment Corporation is the world's leader in
open client/server solutions from personal computing to
integrated worldwide information systems. Digital's
scalable Alpha platforms, storage, networking, software and
services, together with industry-focused solutions from
business partners, help organizations compete and win in
today's global marketplace.
###
Note:
Digital, Digital Semiconductor, and the Digital logo are
trademarks of Digital Equipment Corporation.
ARM is a registered trademark and StrongARM is a trademark of
Advanced RISC Machines Ltd.
Apple and Newton are registered trademarks of Apple Computer,
Inc.
Distribution:
This message was delivered to you utilizing the Readers Choice delivery
services. You received this message because you are part of the Digital
Semiconductor organization. If you have questions regarding this message,
please contact the author.
To Distribution List:
LEO TROTTIER@HLO,
JILL TRUITT-LANGAN@HLO,
SUSAN TRUMBULL@HLO,
QUOC TRUONG@HLO,
TONG TRUONG@HLO,
RIN TRY@HLO,
JEANNE TSHUDY@HLO,
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RICHARD TUCKER@HLO,
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JEFFREY TURNER@HLO,
MICHAEL TURO@HLO,
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JOSEPH TYBOROWSKI@HLO,
JOHN UFHEIL@HLO,
GREGORY VACCARO@HLO,
JOHN VAILLANCOURT@HLO,
SUSAN VAILLANCOURT@HLO,
STEVEN VALEGO@HLO,
CESAR VALENCIA@HLO,
MARIE VALENTIN-SIMEON@HLO,
ROBERT VALERA@HLO,
JAMES VALLA@HLO,
LEON VALLONE@HLO,
JAMES VANDERAA@HLO,
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MATTHEW VANHANEHEM@HLO,
DERRICK VANNOY@HLO,
MICHAEL VASICEK@HLO,
ARTEMIS VASILOS@HLO,
DORA VAZQUEZ@HLO,
CHARLES VEITH@HLO,
DONNA VEITH@HLO,
JOSEPH VELTRI@HLO,
MICHAEL VENTRONE@HLO,
LORI VEO@HLO,
GERARD VERNES@HLO,
DEBRA VIEIRA@HLO,
ANGELO VILLANI@HLO,
DANIEL VILLANI@HLO,
PAULA VISNOSKI@HLO,
DEBORAH VOGT@HLO,
TERESA VOYER@HLO,
WILLIAM WALKER@HLO,
MICHAEL WALSH@HLO,
DEREK WALTON@HLO,
CHING-TAI WANG@HLO,
FAN WANG@HLO,
KIM WANG@HLO,
LAWRENCE WANG@HLO,
LI-PING WANG@HLO,
LIANG-MIN WANG@HLO,
DOREEN WARD@HLO,
JOHN WARD@HLO,
DAVID WARREN@HLO,
PAUL WASSON@HLO,
YOSINORI WATANABE@HLO,
BRUCE WATERHOUSE@HLO,
BRUCE WATKINS@HLO,
STEVEN WATKINS@HLO,
JOHN WATSON@HLO,
RICHARD WATSON@HLO,
ROBERT WATSON@HLO,
ROBIN WATSON@HLO,
LINDA WATSON-WEST@HLO,
JAMES WATT@HLO,
ROBERT WATTS@HLO,
JOSEPH WEAVER@HLO,
DAVID WEBB@HLO,
ELISABETH WEBER-CLARKE@HLO,
ANDREW WECKESSER@HLO,
LINDA WEGENER@HLO,
TIEN WEI@HLO,
TINA WEIL@HLO,
CHARLES WEINBERGER@HLO,
DANIEL WELCH@HLO,
KATHALINE WELCH@HLO,
LORA WELCH@HLO,
WILLIAM WELCH@HLO,
GLENN WELLS@HLO,
SCOTT WELLS@HLO,
CHRISTOPHER WELSH@HLO,
RICHARD WELTON@HLO,
THOMAS WENNERS@HLO,
DAVID WEST@HLO,
KEVIN WEST@HLO,
ANN WESTERHEIM@HLO,
BRADLEY WESTPHAL@HLO,
JOEL WETHERELL@HLO,
DEBORAH WHEELER@HLO,
ROBERT WHEELER@HLO,
SANDRA WHEELER@HLO,
WILLIAM WHEELER@HLO,
RANDALL WHITE@HLO,
STEPHEN WHITE@HLO,
OLIN WHITFORD@HLO,
DONALD WHITTEN@HLO,
RICHARD WIBERG@HLO,
JEFFREY WILBER@HLO,
KATHRYN WILCOX@HLO
|
92.2431 | | ALFA2::DWEST | the storyteller makes no choice... | Mon Feb 05 1996 16:42 | 2 |
| btw, i like the way they refer to the "supercomputer that runs on AA
batteries"... :^)
|
92.2432 | Cash please! | BINKLY::CEPARSKI | With Wild And Lonely Cries, Lonely Cries | Thu Feb 08 1996 17:18 | 3 |
| NE1 heard NE rumors numbers for the MetPay rebates yet?
Usually get that stuff in beginning of March.
|
92.2433 | | STAR::OCTOBR::DEBESS | Wake Now, Discover... | Thu Feb 08 1996 17:24 | 13 |
|
Re: MetPay
hope y'all realize what a benefit this is! when I lost my job here,
I was keepin' my fingers crossed, hoping Metropolitan wouldn't
notice that I wasn't a DEC employee anymore, and that I would still
get that check (that always took me by surprise every year)...
well, they noticed. AND, not only did I not get that nice rebate
check, but they also RAISED my rates because I was not part of this
block of exceptional citizens that works here.
Debess
|
92.2434 | | USCTR1::CONNORS | | Thu Feb 08 1996 17:47 | 8 |
|
re: -.1
Ditto!
|
92.2435 | Hello/Goodbye | WILLEE::OSTIGUY | the eyes of man have not set foot | Fri Feb 09 1996 10:56 | 7 |
| Well, this is my last day in SHR, I'll be starting in HLO2 on Monday...
3rd floor, working in the finance group.
I look forward to running into some of you HLOers, and now it's closer
for me to the Beer Safari (tm)
Wes
|
92.2436 | Welcome!! | BINKLY::CEPARSKI | With Wild And Lonely Cries, Lonely Cries | Fri Feb 09 1996 11:50 | 5 |
| Hey Wes -
Pop over and say "Hi". I'm on the 3rd floor HLO2 - Pole B10.
Can't miss it - you'll know you're in the right place! ;^)
Jeff
|
92.2437 | :) | ARBEIT::DEMARSE | Enjoy being | Fri Feb 09 1996 13:52 | 4 |
| Wes-
I'm on the 3rd floor HLO2 as well - Pole N2 (above the caf)
/danielle
|
92.2438 | ready fer a Safari | FABSIX::T_BEAULIEU | Like A steam Locomotive | Fri Feb 09 1996 14:00 | 10 |
|
Wes (or any other HLO-head)
I'm at HLO1/S5
every other Wed, Thurs-Friday-Sat
Toby
|
92.2439 | | TEPTAE::WESTERVELT | | Fri Feb 09 1996 14:26 | 3 |
|
Hey, there's too many of you over there! Gonna take over!~
|
92.2440 | head central | AD::CHARNOKY | The time has come, the walrus said | Fri Feb 09 1996 14:49 | 6 |
| Hey Wes! I'm also in HLO2, 3rd floor near pole K5 (? or thereabouts)
I work in a conference room that was converted to office space: Ad Lib
(aka the Bats Cave)
'noky
|
92.2441 | hlo heads roooool! :^) | ALFA2::DWEST | the storyteller makes no choice... | Mon Feb 12 1996 11:54 | 5 |
| add one more to the list... :^) hl2-2/n7...
nice to see your smiling face over here bud...
da ve
|
92.2442 | dyslexic HLO heads untie! | SUBPAC::MAGGARD | Mail Ordered Husband | Mon Feb 12 1996 12:30 | 5 |
|
...and me too... HLO2-3/J9.
Look for the red mobile and critters hangin' from the DEVPROSIM sign :-)
|
92.2443 | not a bad commute either... | WILLEE::OSTIGUY | the eyes of man have not set foot | Mon Feb 12 1996 15:43 | 3 |
| well, I'm at hlo2-3/n5...the pole N5 is IN my office...
Wes_not_venturing_far_today
|
92.2444 | waxing sentimental | ASABET::DCLARK | voodoo mathematician | Tue Feb 13 1996 12:34 | 4 |
| HLO is definately DEChead central. Definately one of the
things I miss about it.
- Dave
|
92.2445 | | MKOTS3::JOLLIMORE | On the threshold of a dream | Tue Feb 13 1996 12:50 | 3 |
| any room down there in HLO? i hear we're gettin kicked outta MKO
i need to be closer to the horseshoe! ;-)
|
92.2446 | SHR madness | HELIX::CLARK | | Tue Feb 13 1996 16:21 | 12 |
| > Well, this is my last day in SHR, I'll be starting in HLO2 on Monday...
Last day in SHR, eh?
Appears my group is being moved from MRO to SHR (allowing MRO2 to be
leased to Fidelity).
We started out in Maynard, and are gradually/forcibly being migrated south
& west. MLO/PKO -> MRO -> SHR. Each hop increases my commute time by 15
minutes (35 -> 50 -> 65).
Heck, we'll make California by the millenium. I'll commute monthly. - JayC.
|
92.2447 | or bierhause in NH | SEND::SLOAN | music is my aeroplane | Tue Feb 13 1996 16:25 | 9 |
|
Re: 2445
Maybe we should make a trip to the 'ol horseshoe this week for
old time sake .. thurs perhaps?
or alternate place?
Ragette
|
92.2448 | | NAC::TRAMP::GRADY | Subvert the dominant pair of dimes | Tue Feb 13 1996 16:27 | 8 |
| Well, we've got a few right here in LKG too - Deane'o, Adam, Tom W., Mike
Rogers,...and JC over in TAY too... We here in Littleton just have a more
sophisticated, low profile demeanor than all you chip bangers down there in the
Assabet Backwater, er, Hudson...
;-)
tim
|
92.2449 | | SPECXN::BARNES | | Tue Feb 13 1996 16:36 | 10 |
| RE:We here in Littleton just have a more
sophisticated, low profile demeanor .....
read::
suits!!!!! %^)
just kiddin my friend!
rfb
|
92.2450 | | NAC::TRAMP::GRADY | Subvert the dominant pair of dimes | Tue Feb 13 1996 16:42 | 7 |
| Birthday suits
Bathing suits
Custody suits
You name it, we've got it...
tim
|
92.2451 | we're everywhere | SEND::SLOAN | music is my aeroplane | Tue Feb 13 1996 16:46 | 8 |
|
And don't forget the eclectic mix in southern NH sector :
Jeff Stroebel, Debess, Carol, Bob Hapgood, Peter T, Robin,
Mark Eckolf, Jim Covington, and in MKO: Jay Jollimore, Tom
Vallonne.
Then there's Salem, with Dave Benjamin, and ?
Cath
|
92.2452 | | TEPTAE::WESTERVELT | | Tue Feb 13 1996 16:51 | 5 |
|
Hey, last I heard Mark Eklof was about 40 feet from me here in
lkg, did you abandon us Mark??
|
92.2453 | a lot farther than 40 feet away | SEND::SLOAN | music is my aeroplane | Tue Feb 13 1996 16:58 | 6 |
|
Actually, I think Mark may be in New Zealand for a month.
I thought his last contract was at ZKO, but I might
be mistaken ..
|
92.2454 | Why can't I have a job like that!!!! | DELNI::DSMITH | Answers aplenty in the by & by | Tue Feb 13 1996 17:43 | 5 |
|
>Actually, I think Mark may be in New Zealand for a month.
Lucky &%$#*&%@#$!!!!!!!!
|
92.2455 | Go Kiwi, mon! | AD::CHARNOKY | The time has come, the walrus said | Tue Feb 13 1996 18:15 | 17 |
| re: 92.2454
> Why can't I have a job like that!!!!
(in New Zealand)
Actually, you can. Check out:
http://www.icair.iac.org.nz/nz/immigration/index.html
These people will supposedly hook you up with a job in NZ and get all
the immigration paperwork in order. A friend of mine has seriously been
considering going... when he heard about this service he jumped at the
chance. Now waiting to see what will happen...
From what I hear, those Kiwis are genuinely kind people
'noky
|
92.2456 | :^) | ALFA2::DWEST | the storyteller makes no choice... | Tue Feb 13 1996 18:24 | 6 |
| i suppose with all the consolidation Digital has been doing it only
makes sense that the DECheads would be consolidated too... :^)
notlike that's a bad thing or anything...
da ve
|
92.2457 | | MKOTS3::JOLLIMORE | On the threshold of a dream | Tue Feb 13 1996 18:31 | 3 |
| > -< Why can't I have a job like that!!!! >-
i think mark is between contracts, on hols.
|
92.2458 | A piniata, eh? | QUARRY::petert | rigidly defined areas of doubt and uncertainty | Tue Feb 13 1996 19:00 | 12 |
| Most of these statements are true. Mark is currently in New Zealand, having
left Feb. 4th and should be gone for 6 weeks. While he is away, I'm taping
Babylon 5 for him (actually I'm just taping for myself, and will lend him
the tapes when he gets back, I do a lot of B5 lending. Anyone else want
to find out what's going on? I've got the tapes... ;-) His contract,
which I believe may have ended, is either being renewed or replaced.
And though he has worked in ZKO in the past, this most recent one was
indeed at LKG.
Immigration. Hmmmmm...
PeterT
|
92.2459 | and few more, too | QUOIN::BELKIN | Nothin' left to do but :-) :-) :-) | Tue Feb 13 1996 21:41 | 6 |
| re <<< Note 92.2451 by SEND::SLOAN "music is my aeroplane" >>>
> Then there's Salem, with Dave Benjamin, and ?
> Cath
me.
|
92.2460 | | SUBPAC::MAGGARD | Mail Ordered Husband | Wed Feb 14 1996 17:36 | 35 |
|
Welp...
looks like I'm in for a few transfers too -- or something like that.
First it's .... HIO for 3-4 weeks,
then ... LAO for a week or two,
then ... FLO for the month of May,
then ... SAO for 6-8 weeks,
then ... AFO for 6-8 weeks,
then ... AUO for 4-6 weeks,
then ... NZO for a couple weeks,
then ... FJO for a week or so,
then back to LAO for a week or two.
then finishing up in FLO (probably).
"huh?" you ask...?! :-)
Translations:
HIO = Hawaii (spending DECstock gains :-)
LAO = Los Angeles (visiting parents)
FLO = Florida (visiting more parents)
SAO = South America, that large southern/western-hemisphere continent.
AFO = Africa, the other large southern-hemisphere continent.
AUO = Australia, ... yea it's one too.
NZO = New Zealand, cool enough to be it's own continent.
FJO = Fiji. Why not end a world tour with a nice week or two on the beach?
:-)
|
92.2461 | | STAR::OCTOBR::DEBESS | Wake Now, Discover... | Wed Feb 14 1996 17:40 | 6 |
|
this sounds just SO WONDERFUL - lucky you! I am envious...
but, does this mean that you're (welp!) leaving -us-?
Debess
|
92.2462 | Walkin blues | AD::CHARNOKY | The time has come, the walrus said | Wed Feb 14 1996 17:44 | 5 |
| Ya! Jeff'n'Dori World Tour '96!!!
These here feet have been gettin' itchy, too...
'noky_only_one_more_month_left_on_co-op
|
92.2463 | | MKOTS3::JOLLIMORE | On the threshold of a dream | Wed Feb 14 1996 17:52 | 5 |
| WoW. grate trip, jeff!
but, you have the wrong topic.
that'll be the world you *don't* work in (for a few weeks ;-)
|
92.2464 | stop that train... | SUBPAC::MAGGARD | Mail Ordered Husband | Wed Feb 14 1996 17:52 | 37 |
92.2465 | | MKOTS3::JOLLIMORE | On the threshold of a dream | Wed Feb 14 1996 17:56 | 7 |
| some of you know ...
i took last friday off cuz it was my 20th anniversary w/dec.
it took my boss by surprise cuz he didn't have a certificate to
present. he had to call to have it sent to him. but, he did get a
letter telling him how he should present it ;-)
i'm thinking of keeping my 15th on my wall, sigend by KO. ;-)
|
92.2466 | | SPECXN::BARNES | | Wed Feb 14 1996 17:57 | 8 |
| again....WOW!
have a grate time, spread the word, keep da faith, and BE SAFE! it's a
jungle outside of the US.
peace and all our love,
rfb and Patty
|
92.2467 | | SPECXN::BARNES | | Wed Feb 14 1996 17:59 | 6 |
| congrats Jay....did ya request the ear-rings from the gift catalog, or
do they not do that anymore...prob gave ya a gift cert for
macDonalds...
rfb_givin the boot at 19 years
|
92.2468 | | MKOTS3::JOLLIMORE | On the threshold of a dream | Wed Feb 14 1996 18:01 | 7 |
| yeah, WoW again.
jeff, ya gotta join us at the 'shoe one last time before ya go!
grate move.
we'll need to track you around the world like we did with gerryG
on the trail!!!
|
92.2469 | | MKOTS3::JOLLIMORE | On the threshold of a dream | Wed Feb 14 1996 18:02 | 1 |
| no gift catalogue. no certificate. no lunch. nothing.
|
92.2470 | | SUBPAC::MAGGARD | Mail Ordered Husband | Wed Feb 14 1996 18:12 | 10 |
| > jeff, ya gotta join us at the 'shoe one last time before ya go!
twist my arm.
OKAY OKAY, I'll GO!
:-)
|
92.2471 | Celebration! | AD::CHARNOKY | The time has come, the walrus said | Wed Feb 14 1996 18:14 | 9 |
| Congrats on the milestone, Jay!
> no gift catalogue. no certificate. no lunch. nothing.
All the more reason for a DEChead gathering at the 'shoe!
Who else is up for this? Lunch Friday???
|
92.2472 | | SPSEG::COVINGTON | I drive for music. | Wed Feb 14 1996 18:16 | 8 |
|
Jeff -
I don't know if you've noticed, but March 1st is the perfect day to
quit and take advantage of the 'new' pension plan - you'll get a chunk
o' change. (If you quit on the 29th, you'd get zip.)
|
92.2473 | Aloha... | QUARRY::petert | rigidly defined areas of doubt and uncertainty | Wed Feb 14 1996 18:17 | 12 |
| Sounds like a cool trip Jeff. Are you bringing your skis? Seems like you'll be
in the southern hemisphere most of their winter. But things should start
warming up again round about September...
I'm planning on getting back to Australia one of these days, this time
doing it right and taking a month or so and bringing the rest
of the family along, but the thought is about as far as I've
gotten.
I'd head out to the 'shoe for a send off...
PeterT
|
92.2474 | | MKOTS3::JOLLIMORE | On the threshold of a dream | Wed Feb 14 1996 18:34 | 6 |
| dunno 'bout lunch friday (it's along drive from mko ;-)
but, dave clark (dc) and i may be meeting there after work
tomorrow. then, maybe off to worcester to see bruce mandaro at
tamany hall. n e 1 up for tomorrow after work?
|
92.2475 | :^) | ALFA2::DWEST | the storyteller makes no choice... | Wed Feb 14 1996 18:35 | 3 |
| someone say shoe on friday??? i think i can actually make that!
da ve_shoeless
|
92.2476 | say it ain't so! | SUBPAC::MAGGARD | Mail Ordered Husband | Wed Feb 14 1996 20:06 | 11 |
92.2477 | | SUBPAC::MAGGARD | Mail Ordered Husband | Wed Feb 14 1996 20:07 | 4 |
|
I'd be up for a long Fryday lunch at the Shoe...
|
92.2478 | | NAC::TRAMP::GRADY | Subvert the dominant pair of dimes | Wed Feb 14 1996 20:11 | 9 |
| Re: .2460
>then ... FLO for the month of May,
Are you actually going to the DEC office? I used to work out of that
office (by commuting from Tampa - TMO via plane)...I probably still
have one or two friends there, if they haven't all been TFSO'ed...
tim
|
92.2479 | | NAC::TRAMP::GRADY | Subvert the dominant pair of dimes | Wed Feb 14 1996 20:13 | 9 |
| Oops, never mind. I just caught up on the rest of this. FLO is the
Miami office, and obviously you're headed for Sarasota - not exactly
neighbors...
Have fun! Send us some email when you can...
grady@ucx.lkg.dec.com
tim
|
92.2480 | | SPSEG::COVINGTON | I drive for music. | Thu Feb 15 1996 14:39 | 9 |
|
New record for my bad interoffice mail experiences:
Breaking the old record of 8 days for a correctly addressed package
from ZKO to ZKO....
70 days from ZKO to HLO!
|
92.2481 | you can't fire me... | SUBPAC::MAGGARD | Mail Ordered Husband | Thu Feb 15 1996 16:31 | 11 |
|
Wow... and I thot it was bad when a HLO2->HLO1 mailer took ~2 weeks to find
it's destination.
That's it, I've had enough of this sh*t.
I QUIT!
- jeff
|
92.2482 | At least 10 | SALEM::MARTIN_S | Perpetual Smile... | Thu Feb 15 1996 18:31 | 21 |
|
Re: A few back (SLOAN)
Here in SALEM (NIO), the DEChead list is gettin large.
-Steve-O Martin
-Crazy DaveB
-Jim Fedele
-Josh Belkin
-Chuck Omlette
-Lisa Garcia
-Peter Rollins
-Alicia Lee
-Linda Montplsdhsdgcbder
-Derek Something (sorry dude, don't know your surname)
-Andyburns (well, okay he's gone. but he LIVES in Salem)
...plus whoever I forgot, and any STEALTH Deadheads
|
92.2483 | | NAC::TRAMP::GRADY | Subvert the dominant pair of dimes | Thu Feb 15 1996 18:50 | 4 |
| Jeez, I don't recognize half those names...lurkers?
Lisa, Peter, Alicia, Linda and Derek?
|
92.2484 | yeh, right. | STAR::OCTOBR::DEBESS | Wake Now, Discover... | Thu Feb 15 1996 19:15 | 8 |
|
yeh, Tim, I was gonna say the same thing...do you mean to tell
me that there are people that read and never write?!? ;-)
Hmmpf. I don't think I like that. Like, I always thought I was
pouring out my soul to people that I knew ;-). I don't think I'm
going to write in here anymore, if that's the case...
Debess
|
92.2485 | let's not have DEChead "outings" now... :^) | ALFA2::DWEST | the storyteller makes no choice... | Thu Feb 15 1996 19:51 | 6 |
| but of course, you're pouring out your soul to people that you know...
of course, you're also pouring it out to people that you DONT know...
:^) i know of a few HLO lurkers too... including at least one
managerial type who shall continue to remain nameless... :^)
da ve
|
92.2486 | | STAR::OCTOBR::DEBESS | Wake Now, Discover... | Thu Feb 15 1996 20:04 | 7 |
| > -< let's not have DEChead "outings" now... :^) >-
why not! I want to make new friends!
Debess
|
92.2487 | nio rules! | SALEM::BENJAMIN | | Thu Feb 15 1996 21:44 | 8 |
| I work here (in NIO) and I never heard of some of those persons on
Steve-o's list .....I think steve-o is out recruiting...."the dead?
what songs do they do? oh, sugar magnolia, i like that song..."
and this is how we aquire members of "steve-o's fringe dechead
legion"(tm) and of course, we welcome them with open arms...
:-)
|
92.2488 | | NAC::TRAMP::GRADY | Subvert the dominant pair of dimes | Thu Feb 15 1996 22:10 | 2 |
| Aw, c'mon Da ve, everyone knows management can't READ! ;-)
|
92.2489 | :^) | ALFA2::DWEST | the storyteller makes no choice... | Fri Feb 16 1996 12:08 | 9 |
| re Tim... :^) :^) :^) they can read just fine... they just can't
WRITE...
re Debess... if they want to "come out of the closet" on their own,
fine... but if they want to stay "stealth heads" then that's thier
right... fwiw, i have friends that are "closet republicans" too... :^)
you certainly won't see me spreading THAT around the net... :^) :^)
da ve
|
92.2490 | And it still smells of LeBlankness here... | SALEM::MARTIN_S | Perpetual Smile... | Fri Feb 16 1996 12:31 | 14 |
|
Actually, I believe a couple of those peoples don't even read,
I was just listing the DEADHEADS I know of and speak to 'round
this here building so our list will be longest. :-)
Debess, pour on....
...and Crazy DaveB, speak when you are spoken to. :-)
Steve-O
|
92.2491 | nice last name :-) | QUOIN::BELKIN | Nothin' left to do but :-) :-) :-) | Fri Feb 16 1996 13:48 | 2 |
|
Lisa _GARCIA_ ???
|
92.2492 | where does it end??? | LUDWIG::IRZA | endorphin junkie | Tue Feb 20 1996 11:29 | 14 |
|
security here at HLO are out of control!!! last night ar 6pm
i went to checkerboards and bought a small tuna grinder. i came
back to the site with it in my hand, along with a boston herald.
as i was walking by the "checkpoint", i placed the paper down on
the table with the grinder, enclosed in the stanadrd issue grinder
bag, on the table for approx. 3 seconds while I showed the guard
behind the desk my badge. I then picked up the paper and grinder
and proceeded on my way. i barely took two steps when I was told to
halt and show the contents of the bag. i removed the small tuna
grinder from the bag, and then had to unwrap it to show him the
contents of the grinder. i was then cleared to enter the building.
^dave
|
92.2493 | That's a bit silly | BINKLY::CEPARSKI | I'll Get A new Start... | Tue Feb 20 1996 11:42 | 1 |
| Did ya ask him/her if they wanted a bite? ;^)
|
92.2494 | | LUDWIG::IRZA | endorphin junkie | Tue Feb 20 1996 12:00 | 4 |
|
maybe he thought he saw a fuse coming from it...personally i think
he rented robocop one too many times 8^).
^dave
|
92.2495 | | AWECIM::RUSSO | claimin! | Tue Feb 20 1996 12:09 | 9 |
|
Yeah, they don't seem to remember that the main point of this check is
to prevent people from walking OUT with merchandise, not IN with bombs
planted in grinders.....
I see the need for this new policy, but wish they would use common
sense.....
Hogan
|
92.2496 | | NAC::TRAMP::GRADY | Subvert the dominant pair of dimes | Tue Feb 20 1996 13:50 | 7 |
| >I see the need for this new policy, but wish they would
>use common sense.....
...and I'm sure they would, if they had any.
Rent-a-cops at $8/hr are a little light in that
department....
|
92.2497 | :^) | PCBUOA::LEBLANCC | All good things in all good time | Tue Feb 20 1996 15:22 | 3 |
| dave irza-
DEC employee by day.....
Tuna smuggler by night..
|
92.2498 | HLO gone bonkers ? | SUBPAC::DALTON | Timothy J. Dalton | Tue Feb 20 1996 15:33 | 20 |
| Yup, HLO is out of control. Inspecting my lunch every morning.
What next. Xrays for our bags, metal detectors ?
I stopped bringing a briefcase to avoid the hassles.
Easy solution is never to bring any work home. Digital looses.
Unit 5 to central, Come in, over.
Central, over.
Central, unit 5 here. We've got a suspicious looking meatloaf at HLO2 lobby, over.
Unit 5, hold that loaf and await backup. We're rolling.
Do no eat the lunch this time, over.
Central, I copy. The perp just tried to make it to his desk. I was has to use
force to stop him. He's incoherently babbling something about EV6 timelines.
We're gonna have to restrain this one, over.
Good bust Unit 5. We'll be there shortly. Over and out.
|
92.2500 | | AWECIM::RUSSO | claimin! | Tue Feb 20 1996 15:35 | 6 |
|
I also get a kick out of the parking tickets that we get in the HLO2
parking lot, when there are clearly not enough parking spaces for the
number of cars that need to park there. So far, I've got 2!!
Hogan
|
92.2501 | ? | PCBUOA::LEBLANCC | All good things in all good time | Tue Feb 20 1996 15:40 | 3 |
| now do these police types target long-haired stickered-car driving
types like their much meaner north american cousins, the Rotten
Johnnies?
|
92.2502 | re: suspicios meatloaf -> TOO FUNNY!! | LUDWIG::IRZA | endorphin junkie | Tue Feb 20 1996 15:49 | 7 |
| you could derive at that from my incident 8^), but...
an older lady that i work with was "detained" for bringing a
knife in with her lunch. they actually asked her "what's this
knife for?". since then i've been calling her "ma barker" 8^)
^dave
|
92.2503 | | MKOTS3::JOLLIMORE | On the threshold of a dream | Tue Feb 20 1996 15:53 | 1 |
| you guys are all making this up. aren't you?
|
92.2504 | they call me the seeker | AD::CHARNOKY | The time has come, the walrus said | Tue Feb 20 1996 16:05 | 8 |
| making this up?? How I WISH this was all made up!
Some security folk are nice about the ordeal; the procedures are a
hassle to them as well. Still, a few guards insist on searching every
lunch bag and pizza box that comes their way. mebbe they just want
some brownies %^)
'noky
|
92.2505 | | DELNI::DSMITH | Answers aplenty in the by & by | Tue Feb 20 1996 16:16 | 7 |
|
Ummmm. Why are they searching incoming material???
Isn't it the fact that stuff is being ripped off (taken out, withdrawn,
removed from the site...) that encouraged the searching?
That is grade A stupid!
|
92.2506 | | SPECXN::BARNES | | Tue Feb 20 1996 16:21 | 5 |
| they are afraid u'll hollow out that sandwhich and smuggle an Alpha out
in the cavity.....which reminds me, are they doing body-cavity
searches?? %^)
rfb
|
92.2507 | 2-12-89 'eh? | BINKLY::CEPARSKI | I'll Get A new Start... | Tue Feb 20 1996 16:24 | 7 |
| >>which reminds me, are they doing body-cavity searches?? %^)
don't give 'em NE ideas rfb!!!
the whole thing is outta hand, imo.
they check to see which tapes I'm bringing in everday.
maybe I can work out some trades this way ;^)
|
92.2508 | RAGE! | DELNI::DSMITH | Answers aplenty in the by & by | Tue Feb 20 1996 16:28 | 4 |
|
I say you outta stock up on some real nasty/offensive tapes
to give em somethin to think about. I have this one from a band
called Cannibal Corpse I'd be glad to lend ya.
|
92.2509 | | SMURF::HAPGOOD | Java Java HEY! | Tue Feb 20 1996 16:42 | 9 |
| Just remember they aren't making the rules - they just get paid to
enforce them. Their management sets policy....
I'm not sticking up for them since I'm as_of_yet unaffected but hate to
see a whole class of people get "shit" on for doing their job.
??
bob
|
92.2510 | | AOSG::connor.zk3.dec.com::strobel | | Tue Feb 20 1996 17:00 | 12 |
| They had it convoluted (but not to the HLO extreme) here at ZKO last
summer. When we'd go running at lunch if someone failed to pass their
keycard through the reader they'd stop us all (tough smuggling out
motherboards in a pair of running shorts!) yet I could walk in and out of
the facility every day with a big gym bag.
I'll see if I have any T!ng NTTH stickers about you can pass out at HLO.
Bobo right though, most are just doing what their told. It's the "I wanna
be on Miami Vice" types disecting Tim's meatloaf sandwich that worsen a bad
situation.
jeff
|
92.2511 | a pain for everyone... | ALFA2::DWEST | the storyteller makes no choice... | Tue Feb 20 1996 19:17 | 20 |
| well, for me the bag inspection has been totally a non-issue... and i
walk in with a bag every day... i jsut walk to the desk and hold it
open... they peek in, i mention whats there... "have a nice day..."
as for checking whats coming in, the issue is mainly to remind people
that if they have stuff that could be mistaken for company property
when they leave, that it should be signed in... for instance...
a vendor coming in yesterday had some sample wafers and carriers that
he was bringing in... the guard found them, asked about them, and the
vendor signed them in... when he left, he showed them again, they
checked the property log, and he was let out... the whole thing took
maybe 5 minutes...
i can't speak for people lwhose lunch has been searched on the way in
(it does seem a bit much) but they are just doing thier jobs the way
they have been told... i feel bad for them myself... i know for a
fact that a lot of them have been politely taking shit for stuff they
have no control over...
da ve
|
92.2512 | | ARBEIT::DEMARSE | Enjoy being | Tue Feb 20 1996 20:07 | 9 |
| I haven't been having that many problems (yet) with the HLO security checks.
The first thing I did was change the bag that I brought in to work.
I used to have one bag for everything that I carried everywhere.
But it has so much stuff in it I knew it would be a hassle at
the security desk. So now I bring a floppy straw/tweed bag that I
bring into work with minimal stuff in it. They usually glance in
and send me off.
|
92.2513 | Any large caliber arms in there ? Nope, just a meatloaf. | SUBPAC::DALTON | Timothy J. Dalton | Wed Feb 21 1996 11:57 | 18 |
| the worse thing about the search is that I can't bring in a
bazooka or a mortar any more. The fab just isn't the same :-)
I come in early, before the extra guards are at the HLO2 desk
to speed the search. The guard at the desk typically seems
like he doesn't want to search the bags, but he does because
he's been told to.
Wonder if it is ever going to get any better here, or if I'll
feel like I'm passing Checkpoint Charlie every day.
On a slightly related note, any chance some motivated HLO person
will set up a hlo mailing list ? Like for lunches and things ?
I read notes real regularly (like once a month or two) and notice
things like lunches at irregular intervals, bt I notice them long
after the lunch is over. I did see da ve on Friday heading to
lunch as I was on my way to Escargot for the Thai buffet.
|
92.2514 | | SPSEG::COVINGTON | I drive for music. | Wed Feb 21 1996 12:53 | 5 |
|
Nice job in "View To A Kill."
:)
|
92.2515 | danger at the door | DELNI::DSMITH | Answers aplenty in the by & by | Wed Feb 21 1996 13:51 | 8 |
|
Got a note yesterday that all SG&A jobs are frozen in my business unit
along with a couple other B.U.'s. I don't understand the need to
hinder internal movement. Networks is (or should I say was) growing
(dollarwise) at an exponential rate...population MUST adjust to business
growth...especially if your only shifting internal resources. Hindering
internal resource talent on the folks on the low end of the totem pole is
a rancid mistake. Big Q3 blunder if you ask me.
|
92.2516 | | MKOTS3::JOLLIMORE | On the threshold of a dream | Fri Feb 23 1996 13:17 | 6 |
| Jeff Maggard,
I liked your parting shot in ::DIGITAL note 4331.17
Stop Making Sense ;-)
|
92.2517 | | SUBPAC::MAGGARD | Mail Ordered Husband | Fri Feb 23 1996 19:20 | 9 |
|
That wasn't half as bad as the mail message I sent to the "author" of that
wonderful piece of (dis)information. >B-)
They can't fire me... 'cuz I QUIT! ;-)
|
92.2518 | Huh? | BINKLY::CEPARSKI | I'll Get A New Start... | Wed Mar 20 1996 15:41 | 7 |
| Anyone have any ideas what's up with this?
** Digital Internal Use Only **
** Digital Quote - Verify price information with authorized source **
DEC 56 1/8, change -11 1/8; DJIA 5637.72, change -31.79 at 12:15.
Server received data on 03/20 at 12:35 eastern.
|
92.2519 | what i've heard... | NECSC::CRONIC::semi3.hlo.dec.com::notes | the storyteller makes no choice... | Wed Mar 20 1996 15:54 | 13 |
| it's come up a few cents since your posting...
probably a couple of things... for one, some analysts
downgraded us recently... still buys and holds, but not
strong buys....
the industry in general is expecting a weaker quarter
and there have been several announcements to that effect...
we just announced our PC sales were going to be less than
plan...
da ve
|
92.2520 | | DELNI::DSMITH | Can you see the real me | Wed Mar 20 1996 16:24 | 5 |
|
May be a good to buy. Perhaps more aggressive investors will see the
media panic as an opportunity and not a discouragement.
Press releases seem to really fluctuate our stock.
|
92.2521 | I called Rae... | SMURF::HAPGOOD | Java Java HEY! | Wed Mar 20 1996 17:57 | 16 |
| From "The Wife" (TM)
DEC reported today 3rd qtr results will be below analysts views
but still more than 1 year ago same time period. DEC sited
lower than expected corporate pc sales. News has driven IBM and HP stock
down as well. HP is down 5 3/8. IBM down 6 3/8.
Morgan Stanley downgraded rating of dec stock... downgraded from
"outperformer" to "neutral".
Solomon Bros lowered 1996/97 earning estimates. though current
buying levels still recommended. they believe market is over-
reacting to cuts in PC sales.
Paine Webber reiterated a buy rating ....
|
92.2522 | | GRANPA::TDAVIS | | Wed Mar 20 1996 18:09 | 1 |
| If I had the cash, I would be buying our stock .
|
92.2523 | | DELNI::DSMITH | Can you see the real me | Wed Mar 20 1996 18:28 | 6 |
|
>down as well. HP is down 5 3/8. IBM down 6 3/8.
This morning these guys had barely moved. We're leading the pack.
RAGE!
|
92.2524 | | AWECIM::RUSSO | claimin! | Wed Mar 20 1996 18:51 | 3 |
|
ILLUSIONS
|
92.2525 | RECYCLE DAMMIT | DELNI::DSMITH | Can you see the real me | Thu Mar 21 1996 19:43 | 17 |
|
I wonder about these Digital people that throw various garbage into the
"White Paper Only" recycling bins and buckets. I just got done fishing
out 3 cardboard boxes, 2 red waxpaper ream packages and countless
transparencies from a clearly labeled "WHITE PAPER ONLY" recycle bin.
The things I noticed and pulled out was enough to contaminate over a
ton of good recyclable paper. I've studied this stuff.
What is it with these people....who do they think they are? Why do they
do this????? Total stupid ignorant morons. I could understand it if they
were blind or illiterate, but that is very doubtful cause it happens all
the time, everywhere, every day, at this site!!!!
Thank God I got tomorrow off!!!
Deane_pissed_beyond_belief
|
92.2526 | | ARBEIT::DEMARSE | Enjoy being | Thu Mar 21 1996 21:09 | 19 |
| It's also very frustrating that the HLO caf uses styrofoam trays,
plates, bowls, cups, and plastic forks/spoons/knives. There is
no other option for employees to use, unless you bring your own
tray, plates, bowls, cups, and silverware to the caf every day.
(which, BTW, maybe two or three people do - Rich Fromm used to do this).
Yes, we have recycling bins for the styrofoam, but hardly anyone
seperates it in the caf. I've talked to the people that take the
trash bags and styrofoam bags away, and they told me that it all gets
thrown together anyway because very few people seperate them.
Just one person eating in the caf every day produces a lot of styrofoam
waste each day. To try to help the situation (and my conscience),
I use the same cup for water everyday, and try to reuse my tray if I'm
eating in the caf (but I'm still not doing enough!)
Noky and I were planning on taking some action, but with project
demands and deadlines I haven't had the time to work on it, but that
still isn't an excuse.
|
92.2527 | its amazing | RDWOLF::KUPIEC | | Fri Mar 22 1996 09:36 | 6 |
| It's amazing how ignorant most people are about recycling. My wife and I
used to volunter for a recycling group and people couldn't seperate clear No 2
plastic (milk bottles etc) from colored No2 Plastic (laundry bottles etc) they'd
just throw them in the same bin and we'd have to sort thru the stuff.
Chris
|
92.2528 | | MKOTS3::JOLLIMORE | Always stop at the top | Fri Mar 22 1996 10:39 | 7 |
| i see this all the time and it amazes me.
the mko cafe has mostly plastic and styrofoam )although the do
use the hard plastic re-suable trays) and you can get china for
the entree.
fitchburg has curbside recycling. my neighbors on either side of
me never have a recycling bin on the curb (that i can see).
|
92.2529 | | AWECIM::HANNAN | Beyond description... | Fri Mar 22 1996 11:57 | 13 |
| When I worked at MR04 (now Fidelity), the caf there changed from
glass plates, real silverware to all styrofoam and plastic :-/
The manager said that was cheaper to throw stuff out than to
clean the dishes .... :-/
re: <<< Note 92.2526 by ARBEIT::DEMARSE "Enjoy being" >>>
> It's also very frustrating that the HLO caf uses styrofoam trays,
> plates, bowls, cups, and plastic forks/spoons/knives. There is
It's also frustrating that the food sucks ;-) so I don't eat there.
/Ken
|
92.2530 | HLO food ... bleah | ASABET::DCLARK | voodoo mathematician | Fri Mar 22 1996 12:02 | 7 |
| re .-1
Agreed! The HLO cafeteria had the worst food I've ever had in a
cafeteria. It's amazing that the PKO cafeteria is also run by Tobins
but manages to provide 3X better food.
- Dave who kept Checkerboards in business when he was at HLO
|
92.2531 | Earth day's coming | FABSIX::T_BEAULIEU | Like A steam Locomotive | Fri Mar 22 1996 12:05 | 13 |
|
danielle,
Ya hardly anyone seperates their trash 8-( I brown-bag most days
anyhow... better food n cheaper too! HLO could be doing alot more.
BTW,
Worcester was rated #1 city in the state for recycling! based on the
#lbs of solid waste. Glad to say I contributed.
Toby
|
92.2532 | | AWECIM::RUSSO | claimin! | Fri Mar 22 1996 12:39 | 12 |
|
Yeah, the styrofoam trays in HLO really piss me off (Tobin's fault), as
well as the non-regard for separating trash from recyclables (fellow
employees fault).
In SHR we had normal trays that could be washed......it really struck
me as ridiculous when I saw those f*cking styrofoam trays in HLO with
no alternative. I understand that it is more cost-effective for
Tobin's. I also suspect that they take the dirty styrofoam trays and
make the next day's entree out of it.....
Hogan
|
92.2533 | Wormtown Rat speaks | TOLKIN::OSTIGUY | Ripples never come back | Fri Mar 22 1996 13:46 | 3 |
| a Microbrewery and a #1 rating for recycling...Attaboy Worcester !!!
Wes_shameless_defender_of_Worcester :)))
|
92.2534 | | ZENDIA::FERGUSON | Mr. Plumber's coding services | Thu Mar 28 1996 15:20 | 22 |
| re: stock drop
[i'm still catching up in here]
i was good to see DEC *lead* the pack in the rout vs. follow.
painfull week on paper last week, fer sur.
re: recycle
deb and i recycle well over 50% of our 'waste'.
i go to the groton dump about every 2 wks to drop it off.
we have a composter for the veggie residue, etc.
oh, another thing ...
doncha hate it when you are shopping and people insist on
putting *everything* from the beggie dept. in a plastic bag
even a *single* cucumber?????
the only thing i use a bag for is loose bean sprouts.
everything else: no bag...
[people at the checkout love me :-)]
|
92.2535 | | WECARE::ROBERTS | climb a ladder to the stars | Thu May 30 1996 15:25 | 5 |
|
anyone at MKO can confirm that CSS heads are rolling?
Jolly - any scoop?
|
92.2536 | | MKOTS3::JOLLIMORE | quick beat of an icy heart | Thu May 30 1996 15:48 | 3 |
| well, mayflower is here rolling boxes.
i suppose there could be heads in the boxes, but i don't know.
|
92.2537 | | DELNI::DSMITH | Can you see the real me | Thu May 30 1996 15:58 | 3 |
|
You guys movin to LJO? I heard MKO has to be clear ASAP.
|
92.2538 | | MKOTS3::JOLLIMORE | quick beat of an icy heart | Thu May 30 1996 16:05 | 3 |
| we have no plans of moving. 'cept maybe to the other side of the
bldg. but, i'm a mushroom so what do i know?
|
92.2539 | | DELNI::DSMITH | Can you see the real me | Thu May 30 1996 16:15 | 6 |
|
>bldg. but, i'm a mushroom so what do i know?
Fascinating!
Have you turned blue or green yet? ;-)
|
92.2540 | | WECARE::ROBERTS | climb a ladder to the stars | Thu May 30 1996 16:21 | 2 |
| 'srms ? who said 'srms?
|
92.2541 | | RAGE::JC | Time to put a new face on life | Mon Jun 03 1996 17:26 | 6 |
| i'll be moving to LJO next week.
about 110 others moved out of TAY this week
as part of the CA / POLYCENTER deal.
|
92.2542 | good news for a change! | NECSC::CRONIC::semi3.hlo.dec.com::notes | i believe in Chemo-Girl!!! | Tue Jun 18 1996 14:39 | 16 |
| just came from the cafeteria in HLO2 where Ed Caldwell announced that
we have signed an agreement with Samsung Electronics...
Samsung is the newest Alpha partner... :^) they are entering the CPU busines with Alpha
and have licensed the technology for EV56 and EV6... they will be manufacturing and
marketing alpha devices and hopefully the parent company will have alpha systems
out too... Ed would not comment on the revenue implications other than to say
it was a very good thing and would have an impact in the current quarter...
this is a big deal... Mitsubishi and Digital Semiconductor will have a new Alpha device
taping out in a few months too... now with Samsung, this makes Alpha a much more credible
alternative to Intel CISC processors... a good thing...
look for the press release today... wonder what this will do for stocks?
da ve
|
92.2543 | | RAGE::JC | You name it, I do it | Wed Jun 19 1996 13:27 | 5 |
| Techs got reamed yesturday; we always seem to break out the announcements
at the wrong time!
i predict that we'll go up 1-2 today...
but, who knows!
|
92.2544 | | ASDG::IDE | My mind's lost in a household fog. | Wed Jun 19 1996 13:44 | 13 |
| re .2542
>this makes Alpha a much more credible alternative to Intel CISC
>processors...
For the desktop market, we won't begin to compete with Intel until we
cut our prices by 50% or so. The Samsung deal is a good thing but
let's not kid ourselves. Alpha's performance lead has all but
vanished; what desktop manufacturer will risk their relationship with
Intel to sell Alpha boxes which have much worse price/performance
ratios?
Jamie
|
92.2545 | | NECSC::CRONIC::semi3.hlo.dec.com::notes | i believe in Chemo-Girl!!! | Wed Jun 19 1996 14:05 | 24 |
| Jamie, have you been having lunch with the guys at the PCBU again? :^)
the performance lead is not gone... how much of a lead there is depends on the
applications you're running... in the case of many of the business apps, like
word processing and spreadsheets and such, you're correct, there's not much of an
advantage... in terms of CAD, graphics, 3-D imagery and such, the performance lead
is very real... and there are manufacturers that are interested in Alpha as an
alternative to Intel due to the fact that Intel is taking awaybusiness from it's
customers... Intel started as a chip maker and sold to board makers and systems
houses... as they move more into the board and systems businesses, they are
alienating some of the smaller companies that they sell to by taking away some
of their business and competitive advantage...
will Alpha replace Intel on the desktops of the world? hell no... but that doesn't mean
that the technology can't be successful/profitable... partnerships like these (mitsubishi
and samsung) can only help... any alpha business they generate, we make money on...
any systems they build and sell, we make money on... any advertizing they do, we
benefit from... and all these things bring down our cost structure which in turn helps
us bring down prices...
someone's got to be chipping away (no pun intended if you can believe it!) at Intel...
might as well be us...
da ve
|
92.2546 | | MKOTS3::JOLLIMORE | Dancing Madly Backwards | Wed Jun 19 1996 14:18 | 1 |
| Q: how many chips has Mitsubishi mfg'd as a second source?
|
92.2547 | ok, i'll stop being a marketing dweeb now... | NECSC::CRONIC::semi3.hlo.dec.com::notes | i believe in Chemo-Girl!!! | Wed Jun 19 1996 14:37 | 25 |
|
:^) i have yet to see someone ask that question who didn't
already know the answer... is this a historic event here, or are
you trying to start something? :^)
as i understand it, Mitsubishi did manufacture some low cost
Alphas for thier own use and to prove the process technology...
none for general sale or consumption that i am aware of...
they are in hudson though, designing their own Alpha chip with our
design folks... working on their own Alpha based products for
their own business...
HLO hasn't needed a second source yet as our capacity is more
than enough to meet current demand for current designs... Mitsubishi
has been able to build them, but there has been no need, so far...
Samsung has purchased rights for EV56 and EV6 and they have
the rights to design their own variants of these devices... Mitsubishi
is designing theiers now, and will probably take them to market early
next calendar year (tape out this year, then qualification, then sales)...
the day of the Alpha clone is coming......
da ve
|
92.2548 | | SPECXN::BARNES | | Wed Jun 19 1996 15:49 | 7 |
| re:Techs got reamed yesturday;
JC, what does this mean????
rfb
|
92.2549 | re; da ve | MKOTS3::JOLLIMORE | Dancing Madly Backwards | Wed Jun 19 1996 15:50 | 9 |
| ~/~
;-)
the guys from the pcbu are buying lunch.
gotta run.
;-)
|
92.2550 | | RAGE::JC | You name it, I do it | Wed Jun 19 1996 16:20 | 17 |
| Tech stocks, in general, fell heavy yesturday.
some earnings downgrades, etc. drove prices
down. we fell along with the entire lot.
Iomega fell 10+ alone! ouch!
****
<<< Note 92.2548 by SPECXN::BARNES >>>
re:Techs got reamed yesturday;
JC, what does this mean????
rfb
|
92.2551 | | DELNI::DSMITH | Can you see the real me | Wed Jun 19 1996 17:22 | 3 |
|
Good time to buy perhaps. I've been expecting an adjustment, but
hoping for something bigger than this.
|
92.2552 | | STAR::HUGHES | Captain Slog | Wed Jun 19 1996 20:16 | 15 |
| Iomega is climbing back up. The drop was the result of Matsushita (I
think) announcing yet another 120mb removable cartdridge format. As
always, it took the market a day or so to remember that announcing and
shjhipping aretwo very different things (and there may have been
manufacturer announce that they are OEMing Zip drives).
It was a colossal mistake letting Wall St go to computerised trading
IMO.
As for whether the Alpha is or isn't faster (I am in the right thread,
aren't I?), it is largely irrelevant. What matters is whether the
market thinks it is faster (another perception vs. 'reality' argument I
guess, if you can use reality and marketing in the same sentence :-) )
gary
|
92.2553 | | NECSC::CRONIC::semi3.hlo.dec.com::notes | i believe in Chemo-Girl!!! | Wed Jun 19 1996 20:31 | 5 |
| sure you can use reality and marketing in the same sentence...
it won't make much sense, but you can do it! :^)
da ve_marketing _dude
|
92.2554 | | ASDG::IDE | My mind's lost in a household fog. | Fri Jun 21 1996 12:30 | 18 |
| re: <<< Note 92.2545 by NECSC::CRONIC::semi3.hlo.dec.com::notes "i believe in Chemo-Girl!!!" >>>
>Jamie, have you been having lunch with the guys at the PCBU again? :^)
Nope. Kratz is obnoxious, but he's mostly right.
>the performance lead is not gone... how much of a lead there is
>depends on the applications you're running... in the case of many of
>the business apps, like word processing and spreadsheets and such,
>you're correct, there's not much of an advantage... in terms of CAD,
>graphics, 3-D imagery and such, the performance lead is very real..
OK, we've gone from "the fastest microprocessor in the world" to
"faster for compute intensive apps." If that's not losing the
performance lead I don't know what is. We're trying to sell 10s%
better performance at four(?) times the price -- it's a tough sell.
Jamie
|
92.2555 | | ASDG::IDE | My mind's lost in a household fog. | Thu Jun 27 1996 13:03 | 8 |
| The 1995 DS Product Catalog calls the Alpha (21164/300 MHz, a slow chip
now) "The fastest microprocessor in the universe . . ." Got any
benchmarks from Betelgeuse, da ve?? :-) Where do we take the
hyperbole from there?
Jamie
|
92.2556 | | MKOTS3::JOLLIMORE | Dancing Madly Backwards | Thu Jun 27 1996 13:15 | 8 |
| Hah!! everyone knows Betelgeuse is a Mac planet!
Not even in the running.
feh.
;-)
|
92.2557 | | NECSC::CRONIC::semi3.hlo.dec.com::notes | i believe in Chemo-Girl!!! | Thu Jun 27 1996 13:34 | 12 |
|
actually my comment when i saw that was
"i don't want to be here when they get news
of this on Alpha Centauri"... :^)
but no one has come complaining about it yet...
:^)
taking marketing literature seriously is about
as intelligent as taking me seriously...
da ve
|
92.2558 | | SPECXN::BARNES | | Thu Jun 27 1996 14:14 | 7 |
| the right guy for the right job????? %^)
i always wondered why it was so hard for internal writing depts to get
permission from marketing depts to write marketing literature. I guess
it because we tech writers weren't viewed as creative writers. %^)
No offense da ve...just pokin fun....%^)
rfb
|
92.2559 | | NECSC::CRONIC::semi3.hlo.dec.com::notes | i believe in Chemo-Girl!!! | Thu Jun 27 1996 14:46 | 4 |
|
believe me, none taken... :^)
|
92.2560 | | STAR::EVANS | | Mon Jul 01 1996 14:45 | 7 |
| I heard that we didn't have a good fourth quarter. "Communications" meeting
scheduled for this afternoon on VERY short notice with my manager's strong
recommendation that I attend. Been here before and was hoping that we would
not be going through this again so soon. I suspect that a lot of people are
going to be told they are "at risk" in the next week or two. I guess I can
kiss goodbye that 2% bonus that was tied to the business unit's performance.
|
92.2561 | | TEPTAE::WESTERVELT | | Mon Jul 01 1996 15:25 | 2 |
|
Are you in the SBU?
|
92.2562 | | RAGE::JC | You name it, I do it | Mon Jul 01 1996 15:35 | 5 |
| i've heard plenty of "population down to 40,000" rumors
these days, and we're at about 58,000 +/- about now, i would guess.
18,000 is a big, big, big downsizing!
make sure your resume is tuned up.
if they salary freeze, i will bolt.
|
92.2563 | | SPECXN::BARNES | | Mon Jul 01 1996 22:33 | 1 |
| heard Enrico Pessatory (sp) resigned today.....
|
92.2564 | | WECARE::ROBERTS | climb a ladder to the stars | Tue Jul 02 1996 13:06 | 2 |
| hang on - it's going to be a bumpy ride
|
92.2565 | | MKOTS3::JOLLIMORE | Dancing Madly Backwards | Tue Jul 02 1996 13:30 | 7 |
| unless you're enrico.
his contract gives him $550k/yr for ?3? years, as long as he
doesn't bad mouth us or go to a competitor.
7,000 additional jobs will be cut in Q1, with a lot less
severance. now, why didn't i negotiate a contract?
|
92.2566 | | TEPTAE::WESTERVELT | | Tue Jul 02 1996 13:41 | 4 |
| > his contract gives him $550k/yr for ?3? years, as long as he
2 years
nice deal
the info flow coming down from the top is minimal
|
92.2567 | | RAGE::JC | You name it, I do it | Tue Jul 02 1996 13:43 | 7 |
| Enrico has resigned.
I heard it might get worse than that.
expect DEC to close at 37 today
|
92.2568 | | MKOTS3::JOLLIMORE | Dancing Madly Backwards | Tue Jul 02 1996 13:44 | 4 |
| yes, 2 years salary continuance with benefits.
what's the Q1 package? 4 weeks? maximum 12?
|
92.2569 | It's true | POWDML::PHILBRICK | | Tue Jul 02 1996 13:45 | 2 |
| It's true, he resigned yesterday effective immediately -- it's in vtx
--now for the rest of us
|
92.2570 | | JARETH::LARU | | Tue Jul 02 1996 13:46 | 3 |
| There's a piece in today's Boston Globe about the resignation...
|
92.2571 | 10:02 quote | RAGE::JC | You name it, I do it | Tue Jul 02 1996 14:04 | 1 |
| DEC is at 40 3/4
|
92.2572 | | QUARRY::petert | rigidly defined areas of doubt and uncertainty | Tue Jul 02 1996 16:01 | 4 |
| > DEC is at 40 3/4
at 10am
41 7/8th
at 11AM
|
92.2573 | | RAGE::JC | You name it, I do it | Tue Jul 02 1996 16:57 | 3 |
| Looks like our stock price is pretty much discounted for
bad results; right after ESPP, things started falling...
looks like strong resistance at 40, thank god!
|
92.2574 | positive hiding in negative | DELNI::DSMITH | Can you see the real me | Tue Jul 02 1996 17:55 | 10 |
|
I think an executive level restructuring is par...and,
in fact, may be a huge bonus down the road. We need some
fresh blood up top...big time. While the quarterly results
are rumored to be poor, the yearly results could actually
be lookin ok combined with the fact that fresh mgmt can
impact stocks dramatically.
Rather see 10 500K+ salary's leave voluntarily as opposed
to 150 20-50K salary's be fired.
|
92.2575 | | MKOTS3::JOLLIMORE | Dancing Madly Backwards | Wed Jul 03 1996 15:52 | 10 |
| >looks like strong resistance at 40, thank god!
bzzzt. resistance is futile.
Last 39 1/8
High 40
Low 38 7/8
Volume 2,205,700
As of Jul 3 11:30 AM
Change -1 1/4 3.10%
|
92.2576 | | MKOTS3::JOLLIMORE | Dancing Madly Backwards | Wed Jul 03 1996 15:59 | 3 |
| large crowd of people hanging around the tv in the cafe?
they showing cartoons today, or something?
|
92.2577 | | JARETH::LARU | | Wed Jul 03 1996 17:42 | 3 |
| In a NYTimes article today, Bob Palmer is quoted as saying
"... and it's clearly a management problem and not a technology
problem."
|
92.2578 | | SMURF::connor.zk3.dec.com::strobel | | Wed Jul 03 1996 18:23 | 2 |
| Well, HP dropped 4 points yesterday and are off 4.625 points today. Misery
love company...
|
92.2579 | | RAGE::JC | You name it, I do it | Mon Jul 08 1996 15:42 | 9 |
| Again, we led a decline.
At least we can lead somethings!?!?!
yup, broke that 40 resistance.
I think we'll test the 52-wk low next, possibly going
to 30... then again, we could go below that if the qtr
is even worse than what people are saying.
might be a good time to buy!
|
92.2580 | | WECARE::ROBERTS | climb a ladder to the stars | Tue Jul 16 1996 19:57 | 4 |
| Larry Walker from networks resigned today. this is a surprise to many
i thinks
|
92.2581 | | WECARE::ROBERTS | climb a ladder to the stars | Thu Jul 18 1996 14:54 | 5 |
|
who among us wears a beeper and i mean that in a work-related way,
chris. I need to look at things related to using such a device -
expenses etc. if you do - can we talk offline?
|
92.2582 | | UCXAXP::64034::GRADY | Squash that bug! (tm) | Thu Jul 18 1996 17:30 | 2 |
| My daughter has a beeper. It cost about $100, including
a year of service...Radio Shack/MobilComm., if I recall.
|
92.2583 | | FABSIX::T_BEAULIEU | Like A steam Locomotive | Thu Jul 18 1996 17:35 | 5 |
|
I wear one at work but it's supplied by DEC so I don't know what
it costs...
toby
|
92.2584 | beeper shmeeper | WMOIS::LEBLANCC | All good things in all good time | Thu Jul 18 1996 17:36 | 4 |
| i have a beeper
it came with 3 free vials of crack and some of that killer smack that
hit the village last week.....
|
92.2585 | | GRANPA::TDAVIS | | Thu Jul 18 1996 17:56 | 3 |
| I wear one for work it cost around 40-55 per month depending
on coverage, my coverage is USA, there are different programs
that cover 1 time zone, three closest states etc...z
|
92.2586 | | ASDG::IDE | My mind's lost in a household fog. | Thu Jul 18 1996 18:08 | 4 |
| I found one in my car. I've got no idea how or when it got there.
It's a Motorola, free for the asking.
Jamie
|
92.2587 | Kaizen teams | NIOSS1::LEE | | Fri Jul 19 1996 18:25 | 8 |
| Has anyone here ever heard of Kaizen teams? It's a continuous
improvement-type thing they have here in CCS.
I facilitated this week's team--and they were studying beeper usage
(costs, etc.) in our organization. If you want any of the info we
found--send mail! Or call 223-1988..
Alicia
|
92.2588 | | USOPS::MNELSON | Inspiration, move me Brightly | Fri Jul 19 1996 18:31 | 5 |
|
Hello Alicia,
Good to hear from you. just wanted to say hello. Stop by MRO
sometime,
Mark
|
92.2589 | | MKOTS3::JOLLIMORE | Always a hoot! | Wed Jul 31 1996 12:43 | 65 |
| Subj: MKO SITE CLOSING 1
From: NAME: Site Services <SITE@A1@SALES@PKO>
*****FROM PROPERTY DEVELOPMENT AND CORPORATE EMPLOYEE RELATIONS*****
Digital has been consolidating business operations in the New England
area for some time. Last March, we outlined our plans for a portion of
the Merrimack, N.H. site (MKO.) This memo is to share the site
consolidation and employee relocation plans for MKO, for FY97. We
expect that all employees at the MKO site will be in their new work
locations by June 1997. As with other Americas site consolidations,
managers will also consider telecommuting and other alternative work
options for their employees as appropriate.
Specific relocation plans for MKO have already been developed and the
following schedule is being reviewed with the business managers of the
organizations involved.
MERRIMACK, N.H. RELOCATION PLAN
BUSINESS GROUP RELOCATE TO TIMING
Administration MSO Q1FY97
Connectivity and
Computing Services PKO Q2FY97
Components &
Peripherals TAY Q2FY97
Finance/SSC TBD TBD
--->Multivendor Customer
--->Services TBD TBD
Networks Product
Business LKG/ZKO Q2FY97
Personal Computer
Business Unit
Order Fulfillment AKO Q2FY97
SAP AKO Q1FY97
Systems Business Unit
Americas TAY/MRO Q2FY97
Systems Business Unit/
CSS ZKO Q4FY97
Managers will be working with employees on the details of the
relocations. Employees selected for telecommuting will receive
specific information about enrollment in the Digital Telecommuting
Program.
A special team is also in place to minimize anticipated disruptions to
employees and businesses. All decisions will be made thoughtfully and
we are committed to sharing decisions with you, as soon as they are
available.
Thank you
|
92.2590 | | MKOTS3::MCONNORS | | Wed Jul 31 1996 13:25 | 6 |
| Yahoo! I can't wait! TAY here I come! Cuts 40 mins
off my commute!
(I wish all involved were as happy as I am about the moves!)
MJ
|
92.2591 | | MKOTS3::JOLLIMORE | Always a hoot! | Wed Jul 31 1996 16:15 | 7 |
| excellent, MJ.
my group is (apparantly) going to a brand new site: TBD
i'm not sure where it is, tho.
;-)
|
92.2592 | | QUOIN::BELKIN | but from that cup no more | Wed Jul 31 1996 15:37 | 4 |
| > my group is (apparantly) going to a brand new site: TBD
I heard that the TBD site is a set of tractor trailors that fly in formation
up and down Rt. 495.
|
92.2593 | TBD Business Unit! | RAGE::JC | Never trust a Prankster | Fri Aug 02 1996 03:28 | 32 |
| well, you guys think you're lost, check this.
maybe 3 months ago, a bunch of POLYCENTER products get sold to CA.
luckily, my POLYCENTER product DID NOT go.
instead, we get into the new Internet Software Bus. Unit and
we rename our product to AltaVista Manager. pain in the ass
for engineers, but we do it. everyone is happy
up until about 2 wks ago.
they said you guys can't stay int he ISBU.
What?? we just got there 3 mos ago!!
and, not only that, we have to RENAME the product BACK to the old name.
and, it gets worse.
currently, AltaVista Manager V2.1 is at the SSB, but they put an
engineering hold on it. we have people ready to make sales, which means
$$$$$$ for Digital, but they won't release it. the VPs won't release it.
here digital is hurting bad, real bad the way i see it, and we have
orders totalling more than $1,000,000 for our product and they say
it can't be released because of the name. where's your fucking
priories??? pisses me waaaaaaay off!!! sometimes you have to wonder
who these VPs and managers work for these days. so now, i have my
team busting ass again to rename the damn product, get it to the f*g
SSB so we can get revenue stream turned back on. it is all because of
INCOMPETENT MANAGEMENT!!! they cannot make their damn minds up: ISBU?
No. PCBU? nah. how about SI? no. CA? no, that would piss MSFT off.
MCS? who knows.... pawns on a chess board. digital is *loaded* with
good engineers but lead by overpaid incompetent sr. mgmt... we already
had 2 attrits and probably more to come if they don't make up their
damn minds.
someone please TFSO me.
|
92.2594 | SNAFU Business Unit | NECSC::LEVY | Half-Step Mississippi Uptown Toodleoo | Fri Aug 02 1996 12:36 | 14 |
| ...and I've been in the CSC supporting JCs product along with SMS and
working on helping customer implement the same.
Now, we are apparently part of the new OMS organization and my
Expertise Center is going to just be "Solution Architects" who work on
big outsourcing deals, respond to RFPs, etc. Ugh.
Who will support JCs product? Nobody knows.
Now, I'm trying either to get back into the CSC or find something
outside.
dave
|
92.2595 | | SPECXN::BARNES | | Fri Aug 02 1996 13:56 | 1 |
| and the more things change, the more they stay the same!
|
92.2596 | exCHANGE | WECARE::ROBERTS | climb a ladder to the stars | Tue Aug 06 1996 14:10 | 7 |
| speaking of change .. i'm now on exCHANGE mail and of course i haven't
had any training and of course there is no documentation so can anyone
tell me if i want to create a document in word and send it VMSmail
can i just use Courier 10 and it'll work?
|
92.2597 | | NETCAD::SIEGEL | The revolution wil not be televised | Wed Aug 07 1996 18:13 | 14 |
| re: <<< Note 92.2596 by WECARE::ROBERTS "climb a ladder to the stars" >>>
-< exCHANGE >-
> speaking of change .. i'm now on exCHANGE mail and of course i haven't
> had any training and of course there is no documentation so can anyone
> tell me if i want to create a document in word and send it VMSmail
> can i just use Courier 10 and it'll work?
Just save your document as ASCII test using "Save As...". THis can be in
addition to the normal, formatted .doc you create. When you save as text,
it doesn't matter what font or size you use, only the raw text is saved.
Then just mail the .txt (or whatever extension you give it) with VAXmail.
adam
|
92.2598 | I can't see you in Exchange | NECSC::LEVY | Half-Step Mississippi Uptown Toodleoo | Wed Aug 07 1996 18:25 | 7 |
| Carol -
I don't see you in the Exchange Global Address List. Give me a call
and we can figure this out.
dave
|
92.2599 | Dilbertization | UCXAXP::64034::GRADY | Squash that bug! (tm) | Wed Aug 07 1996 18:34 | 327 |
| from Newsweek, August 12, 1996
"Working in Dilbert's World" -- by Steven Levy
Downsizing. Dumb bosses. Double talk. Densification. That's office
life in America's favorite comic strip. Too bad reality is even worse.
Is it real... or is it "Dilbert?"
(A) A software engineer, recently refused a promotion, is receiving his
performance review. He asks the boss why he got passed over. "You're not
a team player," says the boss. "What do you mean I'm not a team player?"
asks the stunned employee. The answer: "You didn't smile in the company
photo."
(B) A boss and a subordinate are traveling together on a business trip.
At an airport layover, the subordinate goes to a pay phone to check the
office voice mail for messages. The boss appears fascinated. "You mean,"
he says, "you can check voice mail while you're on the road?"
(C) A consultant brought in by the brass addresses a group of managers
and engineers at a meeting. To improve the company's business processes,
he says, "I'll show you how a well-designed process can compensate for
your sloth, apathy and all-around incompetence." There is a deadly
pause. Then the consultant adds, "But most important -- let's have fun."
The answers to this quiz, which you are probably taking at your desk
instead of the work that your soulless boss thinks you're doing, are (A)
real life (it happened to a programmer at a brokerage firm); (B) real
life (the experience of a marketing manager at a Fortune 100 firm), and
(C) "Dilbert." The last, of course, is the title of a daily comic strip
that has suddenly won its own promotion from cult status to mass
phenomenon. Its creator is Scott Adams, himself a former middle-managed
cubicle dweller.
But you probably know this. You also probably have one or two "Dilbert"
strips push-pinned to the wall of your own 9-by-9 slice of the workplace.
You devour the strip daily in one of the 1,100 newspapers that run it,
you purchase the "Dilbert" books that have assaulted the best-seller
charts ("The Dilbert Principle" has topped The New York Times list), and
your mouseclicks may well contribute to the 1.5 million hits that The
Dilbert Zone Web site accumulates daily. One thing is unmistakably clear
to the hordes who compulsively follow the fortunes of the strip's
eponymous hero, a mouthless engineer with a perpetually bent necktie:
the bedrock truth of the American workplace, at least in the
white-collar corporate caverns where clerks, engineers, marketers and
salespeople dwell, is not to be found in the heaving stacks of business
books in the local Barnes & Noble, nor in the neatly bound reports of
the McKinseys and other management-consulting firms. It's in the comics.
In fact, the blithely clueless remark by the consultant cited in (C) may
well have been uttered in some bland conference room by a real person,
and reported to Scott Adams in one of the 300 or so e-mail messages he
receives in an average day.
That's why your score on our little quiz really doesn't matter. (That's
right, another pointless workplace exercise.) The contrast between
"Dilbert" and real life is ... almost nonexistent.
"It's not a comic strip, it's a documentary -- it provides the best
window into the reality of corporate life that I've ever seen," says
Mike Hammer, author of "Reengineering the Corporation," who is a fan
despite the fact that Adams often lampoons his theories. Another
management expert, Guy Kawasaki of Apple Computer, agrees. "There are
only two kinds of companies," he says. "Those that recognize they're
just like 'Dilbert,' and those that are also like 'Dilbert' but don't
know it yet."
If this is true, woe betide us all. The workplace according to "Dilbert"
owes less to Edward Deming or Tom Peters than to George Orwell and Franz
Kafka. The title character is a nerdy loser toiling in a constricting
cubicle. He can't get respect or a date. His dog, the potato-shaped
Dogbert, is a cheerful yet ruthless consultant, whose not-terribly
secret goal is to rule the world and enslave all humans. Catbert is a
human-resources director who before distributing pink slips toys with
employees as if they were balls of yarn. The only one with a modicum of
wisdom is the garbage collector, who has cleverly opted out of the
system.
The central tenet of this dyspeptic corporate vision is the Dilbert
Principle. As Adams put it, "The most ineffective workers are
systematically moved to the place where they can do the least damage:
management." Of course, this creates maximum damage, as their idiocy
permeates corporate life. "It seems as if we've turned nature's rules
upside down," Adams writes. "We systematically identify and promote
people who have the least skills."
Every month or so in the "Dilbert" workplace, some bizarre management
fad dribbles down to the drones: Reengineering, Total Quality Management
or paintball tournaments. They are time-wasters at best, tortures at
worst. Hours are spent in meetings about deadlines, deadlines that get
harder to make because of all the hours spent in meetings. Technology
has run amok, the engineers understand how it works, but the bosses --
who can't tell the difference between a PowerBook and an Etch-A-Sketch
-- don't get it at all. Every so often, an order comes from above to
devote massive amounts of time to make everything "ISO9000 compliant";
no one knows what ISO9000 is. Instead of getting products out the door,
people are asked to memorize mission statements. And in the background,
burning ever closer, are the fires of Competition, triggering the dread
drums of Downsizing. "Knock knock," says the boss. "Who's there?" asks
the employee. The boss grins: "Not you anymore!"
If this isn't hell, it's close. Even "Dilbert's" creator admits that
those two tufts of hair sticking out of the boss's mostly bald pate are
modeled on the Devil's horns. "Over time," says Adams, "his personality
gets more defective, and his horns get higher, making him look even more
demonic."
Are things really that bad in real life? Are we all as doomed as
Dilbert, destined to pass out from exhaustion from working in
air-conditioned sweatshops? Stephen Roach, chief economist at Morgan
Stanley, seems to admit as much when he says downsizing, wage stagnation
and a shortsighted corporate efficiency mania have drastically changed
the work environment to the detriment of the worker. "It has certainly
raised questions of cynicism, loyalty, perceived sense of worth and
career aspirations," he says, neatly summarizing the traumas at
Dilbert's unnamed yet universal employer. On the other hand, surveys
show that a lot of us are fairly satisfied with our jobs. A Newsweek
Poll conducted this summer indicated an impressive majority -- 87
percent -- considered their workplace a "pleasant environment."
So why is everyone reading "Dilbert" and saying, "Hey, that's my job"?
Scott Adams has a theory: "If you're in an absurd situation and you're
not changing it, then you define it as being OK," he says. "Most people
say, 'My job is good, but today I had a really bad time.'" It's
analogous to the way people view Congress. Overwhelmingly they will
register disapproval -- and then go out and re-elect their own
representative. When the pollsters zeroed in on the details, it turned
out that the works indeed are living in "Dilbert's" world. More than 70
percent experience stress at work. When asked whether unnecessary rules
and red tape prevent them from doing their best job, half agree. The
biggest complaint seems to be poor communication between management and
workers -- 64 percent claimed that this impeded their work. And there's
no confidence that good work alone will reap rewards: when asked what
gets someone promoted, people were equally divided between how good a
job one does and how politically connected one is.
What the survey does not show is the suppressed rage of workers who
tolerate abuses and absurdities in a marketplace leaned-and-meaned to
Wall Street's specifications. Reading "Dilbert" allows them, in some
small way, to strike back, or at least to experience a pleasant
catharsis by identifying the nature of the beast: a general yet
pervasive sense of idiocy in corporate America that is seldom dealt with
by the captains of industry who have great hair and offices with doors.
Here is a sampling of phenomena where the comic strip is uncomfortably
close to real life:
*Cubicles*. A former cubicle dweller himself, Scott Adams has made
Dilbert's dinky domain a prime symbol of workplace humiliation. There
are companies, such as chipmaker Intel, where everybody, even the CEO,
works out of a warren. But generally, dispatching someone to one of
those pasteboard waffle holes is a public, self-fulfilling prophecy of
subpar performance. "If you put somebody in a cubicle," says Adams, "you
cannot expect him to make decisions which are higher quality than
cubicle decisions."
Adams has gotten mileage out of other so-called alternative office
strategies like Hoteling (spaces are divvied out daily, first come,
first served), Shared Space (employees confined like two-to-a-cell
prisoners) and Free-Address (workers share large, open, hivelike
spaces). The newest horror among the boxed set is "densification," when
employers literally close in the walls on the workers to save floor
space. "It's part of a constant nickel-and-diming of the employee," says
Adams. "'I want you to work another hour -- and make the cubicle two
feet smaller.'"
*Bad Bosses*. While boss-hating is an honored tradition, in the '90s
there's more reason for it than ever. "With downsizing and cost
containment, the pressure on bosses has increased in remarkable ways,
and instead of kicking the dog, they often kick the subordinate -- and
those people often kick their subordinates," says Harvey Hornstein, a
psychologist and author of "Brutal Bosses." No wonder some of the most
popular "Dilbert" strips are the ones where the superior torments his
underlings, like the one where he offers to raise an employee appraisal
if the worker eats a bug. ("It's way more motivational if I pick the
bug," says the boss.) It's not hard, however, to find real-life tales
that top the transgressions in the comic strip. There's even a Web site
devoted to such horror stories --- www.myboss.com.
Or just listen to a former worker at an East Coast high-tech company
where the president walked around the office turning down the air
conditioning, even though employees worked in hot, windowless offices.
"People were literally sweating on their desks," says the worker.
*Management Fads*. "In the '50s and '60s, management heretics espoused
that participation, egalitarianism and involvement would not just make
people happier, but improve the bottom line," says Art Kleiner, author
of "The Age of Heretics: Heroes, Outlaws, and the Forerunners of
Corporate Change." Sounds great, but then the Dilbert Principle kicked
in, and the programs came under the control of idiots. Mishandled and
forced upon workers, these schemes now succeed only in making workers
more cynical -- and less productive. Typical is the middle manager at a
financial-services firm, living under the boot of one of the ubiquitous
total-quality programs: "Paying attention to customers and quality is
what I do every day," he says, "but now I have to hang up signs and post
measurements."
*Out-of-Control Technology*. Technology does enhance the workplace: it
boosts productivity, it distributes all-important information around the
company, it enables workers to play solitaire without shuffling cards.
It also makes bosses look even more clueless than usual, like the
executive at a government regulatory agency whose answer to every
technological dilemma is "get a bigger disk drive." For some reason,
though, the bosses wind up with the snazziest computers, which gather
dust while underlings struggle with wheezing old boxes that can't run
Windows95.
*Too Much Time at Work*. Ever since Apple's Macintosh development team
in the mid-1980s wore T shirts proclaiming 90 HOURS A WEEK AND LOVING
IT! high-tech companies have figured out it's good business to coax
triple-time work out of single-salary employees, and the practice seems
to have spread to other sectors of the workplace. But Americans don't
love spending all their time at work -- 40 percent of Newsweek's Poll
respondents think their employers ask too much of them. Dilbert's boss,
for instance, thinks nothing of drawing a time line for a project that
has the hapless engineer designing a "client-server architecture for our
worldwide operations" -- in six minutes.
An indication of how far this has gone is one of the latest corporate
trends: "home-at-work." The idea is that since employees are being asked
to spend almost all their waking hours at the office, the least the
company can do is let them entertain themselves with the computer. So
the company permits them to do banking, personal e-mail and even
recreational Net-surfing at their workstations. Meanwhile, the main
contact these drones have with their families is by viewing snapshots of
their kids on the World Wide Web.
*Downsizing*. In Dilbert's company, it's done by Dogbert's
"can-o-matic," a device disguised as a toilet that "randomly fires
people by slapping a pink slip on their backs and catapulting them out
of the building." But whether it's done to lower costs, impress Wall
Street and get rid of that chimerical deadwood, downsizing is the
defining reality of the workplace today. If everybody weren't so worried
about being Dogberted, the absurdities of the workplace would be
infinitely more tolerable -- and the "Dilbert" strip would be shorn of
its sharpest edge.
Surprisingly, Scott Adams himself thinks that downsizing does make the
workplace more efficient -- fewer workers means less time to waste on
idiotic pursuits like vision statements, meetings and reorganizations.
What gives Adams grist for the "Dilbert" mill is the way managers
mishandle downsizing, not only in the often cruel manner in which the
news is broken, but in its sometimes counterproductive effects. Nynex,
for instance, has shed thousands of employees since 1990. Union rules
protect senior workers, "but our younger employees were the ones who had
taken more time to educate themselves," says a remaining technician. "We
have actually gotten rid of our best people." This practice -- of
getting rid if the brightest workers -- happens so often that it has its
own term: brightsizing.
*Corporate Double Talk*. Why don't managers say what they really mean?
Because then you'd know. "My boss actually said to me, 'Let's bubble
back up to the surface and smell the numbers'," marvels Toph Whitmore,
an analyst at a software firm in Bellevue, Wash. "I had no idea what it
meant."
At worst, business communication is purposely misleading. "My company
put out a memo that told us to go home over the July Fourth weekend and
relax," says an engineer at a Silicon Valley firm. In fact, the firm
was mandating the workers to use vacation days for the long weekend --
something that the employees understood immediately. All this, of
course, leads to cynicism and resentment. Sometimes it's little things
that put workers over the edge -- like the company that declared that
engineers using the whiteboard would be limited to two marker colors.
Other times it's bigger things, like seeing workers blown away like
props on the "Twister" set. As a result, the American workplace nods in
agreement at the "Dilbert" cartoon where the boss admits that he was
mistaken when he previous claimed that "employees are our most valuable
asset." Actually, he explains, they're ninth. Eighth place? "Carbon
paper," says the boss.
Is there any hope that the workplace can improve? A number of
consultants think so, and cite the strip itself as an antidote to
corporate mindlessness. Adams himself has hopes that his comic strip may
actually change the problems that he satirizes. "Somebody told me that
their company now has a Dilbertization committee," he says. "The idea is
to find things their company does that could potentially be fodder for a
'Dilbert' cartoon strip, and change it. This is repeating itself in
other companies. It almost seems like there are fewer absurdities
happening."
There's a problem with that theory, though. In order for the strip to
have those effects, the bosses first have to Get It. According to the
Dilbert Principle, this will happen around the same time that cubicles
learn to fly. Consider the small but telling event that occurred
recently at a Midwestern company. A manager went over to a worker's desk
and noticed a "Dilbert" posted on the wall. In the strip, the boss was
complaining that a report was too readable. Could Dilbert muddy up the
language a bit? "Oh," the manager chuckled, "isn't that the truth?" Then
she changed the subject -- after reviewing a document for the seventh
time, she wanted the worker to redo it yet again.
Real life ... of "Dilbert"? Hard to say. The only difference is that
with "Dilbert," it doesn't hurt so much when you laugh.
--With Brad Stone in New York, Deborah Branscum in San Francisco,
Steve Rhodes in Chicago and Claudia Kalb in Boston
==========================================================================
an insert in the article:
Hit the Road, Jack
------------------
As companies try to put a positive spin on the ugly practice of
layoffs, they've invented a new lexicon. Some downsizing lingo:
COMPANY EUPHEMISM
---------------- ---------------------------------------
AT&T Force management program
Bank of America Release of resources
Bell Labs Involuntary separation from payroll
Clifford of Vermont Career-change opportunity
Digital Equipment Corp. Involuntary severance
GM Career-transition program
Harris Bank of Chicago Rightsizing the bank
National Semiconductor Reshaping
Newsweek Reduction in force (RIF)
Pacific Bell Elimination of employment security policy
Procter & Gamble Strengthening global effectiveness
Stanford Univ. Repositioning
Stouffer Foods Corp. Schedule adjustments
Tandem Computers Reducing duplication or focused reduction
Wal-Mart Normal payroll adjustment
source: "The New Doublespeak," by William Lutz
|
92.2600 | | SPECXN::BARNES | | Wed Aug 07 1996 21:32 | 1 |
| groan....
|
92.2601 | | ASDG::IDE | My mind's lost in a household fog. | Fri Aug 09 1996 19:36 | 4 |
| I left a bit early today. Can any HLO 'heads fill me in on the special
meeting to discuss our bonuses?
Jamie
|
92.2602 | Good news | FABSIX::T_BEAULIEU | Like A steam Locomotive | Fri Aug 09 1996 22:16 | 7 |
|
Jamie,
Bottom line is a 6% incentive check
in your pocket by the middle of September
Toby
|
92.2603 | | RAGE::JC | Never trust a Prankster | Tue Aug 13 1996 17:04 | 3 |
| Man, i have never received an incentive check!
i guess being in the TBD BU doesn't help much!
|
92.2604 | the 1st of many I hope | FABSIX::T_BEAULIEU | Like A steam Locomotive | Thu Aug 15 1996 22:57 | 9 |
|
JC,
I haven't either not yet anyway. This'll be the 1st one in 17yrs
with DEC. Kinda screwey how Digital Semiconductor has yet to make
dollar one but we still get incentive checks. But hey I ain't
complaining!
Toby
|
92.2605 | After seven years in one place... | NETRIX::dan | Dan Harrington | Wed Sep 04 1996 19:50 | 11 |
|
Yesterday we were told that our products (DECnet/OSI, X.25, etc.) were
being taken over by EDS, effective immediately. I'm out of there...looks
like I'll be working up in ZKO(3-2) from here on out, although nothing
is cast in stone. At least they gave us a choice.
I'm going with that "listen to tapes" philosophy...bought myself a
walkman today...6/10/90 Cal Expo at the moment...trying not to think
about things too much...
Dan
|
92.2606 | | SPECXN::BARNES | | Wed Sep 04 1996 19:54 | 4 |
| sigh...keep da faith, Dan.....I have a feeling this type of shit is
never going to stop...
rfb
|
92.2607 | | STAR::64881::DEBESS | full of cloudy dreams unreal | Wed Sep 04 1996 20:40 | 14 |
|
>Yesterday we were told that our products (DECnet/OSI, X.25, etc.) were
>being taken over by EDS, effective immediately.
do you know who started EDS? Ross Perot!
(btw - the job I had, before coming back here again, was
supporting DEC products and working for EDS - now, I don't
want to say too much about another company/partner - but let
me just say this - it is SUCH A PLEASURE to be back here,
believe me!)
hang in there Dan...
Debess
|
92.2608 | help with MS/ACCESS | WECARE::ROBERTS | climb a ladder to the stars | Thu Oct 17 1996 15:00 | 8 |
92.2609 | Get some training | NECSC::LEVY | Half-Step Mississippi Uptown Toodleoo | Thu Oct 17 1996 16:05 | 9 |
92.2610 | I use Access all day long (yawn) | DELNI::DSMITH | Can you see the real me | Thu Oct 17 1996 16:15 | 11 |
92.2611 | | WECARE::ROBERTS | climb a ladder to the stars | Thu Oct 17 1996 16:44 | 4 |
92.2612 | | WECARE::ROBERTS | climb a ladder to the stars | Thu Oct 17 1996 16:51 | 2 |
92.2613 | | WECARE::ROBERTS | climb a ladder to the stars | Thu Oct 17 1996 17:50 | 4 |
92.2614 | give me a buzz | DELNI::DSMITH | Can you see the real me | Thu Oct 17 1996 18:05 | 28 |
92.2615 | whoa | DELNI::DSMITH | Can you see the real me | Thu Oct 17 1996 18:09 | 5 |
92.2616 | we'll talk | WECARE::ROBERTS | climb a ladder to the stars | Thu Oct 17 1996 19:04 | 7 |
92.2617 | Windows 95 and it's products are cheese!!!! | DELNI::DSMITH | Can you see the real me | Thu Oct 17 1996 19:26 | 9 |
92.2618 | | WECARE::ROBERTS | climb a ladder to the stars | Thu Oct 17 1996 20:02 | 3 |
92.2619 | Upgrade | NECSC::LEVY | Half-Step Mississippi Uptown Toodleoo | Thu Oct 17 1996 20:11 | 8 |
92.2620 | SQL Server? | NECSC::LEVY | Half-Step Mississippi Uptown Toodleoo | Fri Oct 18 1996 12:00 | 11 |
92.2621 | say what | DELNI::DSMITH | Can you see the real me | Fri Oct 18 1996 13:23 | 6 |
92.2622 | Economy of scale | NECSC::LEVY | Half-Step Mississippi Uptown Toodleoo | Fri Oct 18 1996 13:44 | 17 |
92.2623 | | AWECIM::HANNAN | Beyond description... | Fri Oct 18 1996 18:32 | 6 |
92.2624 | | MKOTS3::JOLLIMORE | Always a hoot! | Tue Oct 22 1996 16:39 | 4 |
92.2626 | | NETCAD::SIEGEL | The revolution wil not be televised | Fri Jan 03 1997 18:49 | 10 |
92.2627 | | QUOIN::BELKIN | but from that cup no more | Fri Jan 03 1997 19:13 | 3 |
92.2628 | | NAC::TRAMP::GRADY | Squash that bug! (tm) | Fri Jan 03 1997 19:28 | 4 |
92.2629 | | NETCAD::SIEGEL | The revolution wil not be televised | Fri Jan 03 1997 19:32 | 3 |
92.2630 | | GRANPA::TDAVIS | | Sat Jan 04 1997 03:18 | 1 |
92.2631 | | MKOTS3::JOLLIMORE | The blossoming is to come. | Mon Jan 06 1997 14:59 | 5 |
92.2632 | | QUARRY::petert | rigidly defined areas of doubt and uncertainty | Mon Jan 06 1997 15:12 | 10 |
92.2633 | | MKOTS3::JOLLIMORE | The blossoming is to come. | Mon Jan 06 1997 15:29 | 4 |
92.2634 | | dhcp64_122.ljo.dec.com::roberts | everything leads up to this day | Fri Jan 10 1997 12:53 | 1 |
92.2635 | Standards? We don't need no steeenking standards! | JARETH::LARU | au contraire... | Tue Jan 28 1997 13:51 | 10 |
|
"(T)he International Standards Organization (ISO) and the International
Electrotechnical Commission (IEC) designated Oct. 14 as World Standards
Day to recognize those volunteers who have worked hard to define
international standards ... The United States celebrated World
Standards Day on Oct. 11; Finland celebrated on Oct. 13; and Italy
celebrated on Oct. 18."
- Open Systems Today, 10/31/94
|
92.2636 | Cruisin w/Mr Earl... | JARETH::LARU | au contraire... | Mon Feb 03 1997 18:26 | 6 |
| For those who can't get enough RonnieEarl:
Ronnie Earl & the Broadcasters will be on the SS Norway May 17-24,
sailing from Miami... I don't have any more info than that.
|
92.2637 | | STAR::EVANS | | Tue Feb 04 1997 19:05 | 5 |
| Anybody had trouble getting into the HUMANE cluster? I've been getting a
steady stream of "device timeouts".
Jim
|
92.2638 | | LJSRV2::JC | Where's the snow? | Thu Feb 06 1997 20:38 | 17 |
| Yeah, I saw that a while ago... that would be a great cruise.
Now, only if PHISH did that
WOW!
***********
<<< Note 92.2636 by JARETH::LARU "au contraire..." >>>
-< Cruisin w/Mr Earl... >-
For those who can't get enough RonnieEarl:
Ronnie Earl & the Broadcasters will be on the SS Norway May 17-24,
sailing from Miami... I don't have any more info than that.
|
92.2639 | | UCXAXP::GRADY | Squash that bug! (tm) | Fri Feb 07 1997 13:19 | 2 |
| Yeah, and the Norway is a BIG ASS boat - used to be one of the
largest cruise ships around...nice place to float in. ;-)
|
92.2640 | | JARETH::LARU | au contraire... | Mon Mar 17 1997 16:53 | 4 |
| I just called 1-800-cal-dead, and got an operator in
Dubuque Iowa! Did GDM lay everybody off?
/b
|
92.2641 | | GRANPA::TDAVIS | | Mon Mar 17 1997 17:09 | 2 |
| I think they outsourced that function some time ago,
does that sound familar?
|
92.2642 | | SPECXN::BARNES | | Mon Mar 17 1997 17:55 | 9 |
| ya...the woman in Calif (connie, sounded way cool over the phone, not
yer average phone response type) said when they get real busy and the
phone in San Rafael rings more than 3? times, it rolls to Iowa. I said
"IOWA????" she laughed and said "Ya, and you can tell when it isn't
"us", cause there's no music playing in the background". %^)
$66.00 for 2 DP7's and 2 Allmans ...OUCH!!!!
rfb
|
92.2643 | | JARETH::LARU | au contraire... | Mon Mar 17 1997 18:33 | 6 |
| oh, OK... I felt the rollover; I expected to get a machine...
when I got a real person, I thought she was just having a
real bad day; but it turned out she was just in Iowa...
I guess that's enough to give anybody a LOT of real bad days;-)
/b
|
92.2644 | | ASDG::IDE | My mind's lost in a household fog. | Tue Apr 08 1997 12:10 | 15 |
| When do they start handing out free drugs to all employees and not just
VPs??
-------------------------------------------------------------------------
THIS MEMO IS FROM BRUCE CLAFLIN, HARRY COPPERMAN and JOHN RANDO
-------------------------------------------------------------------------
DIGITAL's strategy is resonating with employees, customers, partners
and influencers around the world, and this is reflected in the strong,
positive coverage by analysts and the media. To support the strategy
we have trained more than 8,000 DIGITAL and partner sales
representatives and NSIS specialists, which has contributed to making
it an excellent vehicle for engagement.
|
92.2645 | lip service... | HELIX::CLARK | | Tue Apr 08 1997 15:45 | 18 |
| > THIS MEMO IS FROM BRUCE CLAFLIN, HARRY COPPERMAN and JOHN RANDO
I think Claflin has to assert the strategy is clicking, once, at the
outset. (In the next heartbeat he can start trying to fix it,
theoretically.)
In that same memo, when they refer to continuous computing, which they say
is to be built into enterprise applications, data warehousing, mail &
messaging, and Internet markets... is that code for OpenVMS?
The recent memo from Wes Melling to OpenVMS customers (in DIGITAL notes)
was one sign that upper management is beginning to recognize that business
for MVS, VMS, etc., can flourish in (the so-called) tier 3 while NT
flourishes in tiers 1 & 2 (but *not* 3)... Wondering if this is another.
I'm preoccupied with DIGITAL UNIX (realtime) these days, but also use VMS
and NT every single working day... Trying to follow what's taking shape
in those spaces. - JayC.
|
92.2646 | | ASDG::IDE | My mind's lost in a household fog. | Tue Apr 08 1997 17:41 | 9 |
| re .2645
It didn't get my attention because of content, not that I bothered to
read much beyond the first paragraph. The buzzword usage, especially
"resonating" and "influencers," caught my eye. And it's been a while
since we've gotten "strong, positive coverage by analysts and the
media." It made me wonder what planet, or what, these guys were on.
Jamie
|
92.2647 | | UCXAXP::GRADY | Squash that bug! (tm) | Tue Apr 08 1997 18:09 | 6 |
| Upper management does a lot of resonating.
They vibrate quite a bit too.
Mostly in the privacy of their own homes, though, or so I'm told...;-)
|
92.2648 | | HELIX::CLARK | | Tue Apr 08 1997 18:28 | 1 |
| Resonating Influencers -- weren't they at Middle East last week?
|
92.2649 | i'm buying a gun | WMOIS::LEBLANCC | All good things in all good time | Wed Apr 09 1997 16:18 | 8 |
| file this under this blows
walked out of work last night to find some crack junkie had smashed my
driver side window in after unsuccesfully trying to jimmy the passenger
door lock to steal my kenwood deck out of my car
Three cheers for Digital Security!!!!!!
|
92.2650 | | SPECXN::BARNES | | Wed Apr 09 1997 16:30 | 14 |
| this happened in a dec parking lot??? if so, doubt it was a crack
junkie..more like a dishonest programmer!
We had an incedent in another building here where someone in the
Finance dept was stealing from others, mostly money out of pocket
books! Never ceases to amaze me who steals! I can sorta (and I say
sorta cause I don't steal and I expect the same towards me) understand
poor people stealing for necessitys or even desires, but those with
money????
I once heard a quote from A high-dollar prostitute
that she was always amazed how rich men would lie,
cheat and steal on their YEARLY income tax to save a couple hundred dollars
and then blow it in one nite on her... interesting
|
92.2651 | 1k in damage | WMOIS::LEBLANCC | All good things in all good time | Wed Apr 09 1997 16:47 | 8 |
| they tried to screwdriver the pass door....then f*cked with the trunk
then when they couldn't get in they smashed the driver side window
....and the security guard was telling me to calm down
get the crueller out of your ass and do your damn job
|
92.2652 | | SPECXN::BARNES | | Wed Apr 09 1997 16:56 | 6 |
| re; .and the security guard was telling me to calm down
reminds me of a time here when a guard told a friend to "calm down"
after friend found him rifling thru his car in the DEC parking lot..
said friend said something like "tell me that one more time and i'll
kick yer &&&."
|
92.2653 | no reason to get excited, the thief he kindly spoke | EVMS::OCTOBR::DEBESS | and the wind began to HOWL | Wed Apr 09 1997 17:32 | 16 |
|
first, Chris, I agree, it blows
but! I'm hoping that your justifiable anger is really just the
angry words you spew - and not to be carried over into destructive
actions, as you imply.
it seems to me that the intruder will have gotten more from you
than $1k damages to your car...
fwiw
Debess
ps - please excuse my note title - I can't help myself - it's
DYLAN WEEK!
|
92.2654 | :^) | WMOIS::LEBLANCC | All good things in all good time | Wed Apr 09 1997 17:34 | 8 |
| me ....?!???!
Spew....????
you must have me confused with another LEBLANC
|
92.2655 | | GRANPA::TDAVIS | | Wed Apr 09 1997 17:40 | 2 |
| Chris, let the insurnace company hassle with it, it is only
a piece of metal.
|
92.2656 | eternal vigilance... | JARETH::LARU | au contraire... | Wed Apr 09 1997 17:50 | 3 |
| One thing to do is let everybody know this is happening...
"security" is sometimes lax about letting folks know to
be extra careful/vigilant...
|
92.2657 | | SMURF::connor.zk3.dec.com::hotpup::strobel | jeff strobel | Wed Apr 09 1997 18:48 | 10 |
| There have been a number of instances here at zko of cars being broken
into (or stolen) while security is on duty. A friend at Bay Networks
happened to look out a conference window and saw a couple of kids
"working" on his car. He ran out, telling the security guard on the way
by. Lucky for him the cop who directs traffic heard him yelling at the
kids as it took the security guard 10 minutes to follow him out.
Sorry about the sh^&tty news, Chris
jeff
|
92.2658 | he was a friend of mine | EVMS::OCTOBR::DEBESS | and the wind began to HOWL | Wed Apr 09 1997 18:57 | 3 |
|
would that friend at Bay Networks be / ?
|
92.2659 | beware | WMOIS::LEBLANCC | All good things in all good time | Thu Apr 10 1997 14:17 | 11 |
|
volkswagen just called and said it is 1500 bucks to fix my car
plus a rental
plus the cost of the stereo i am out
plus the jerry tie they stole
f*cking scumbags
|
92.2660 | | ALFA2::DWEST | i believe in chemo girl! | Thu Apr 10 1997 14:25 | 6 |
| anger dissipative vibes for Chris... :^)
hope you find a place to dump it soon, and i hope i'm not there when
you do... :^) :^) :^)
da ve
|
92.2661 | | SPECXN::BARNES | | Thu Apr 10 1997 14:26 | 4 |
| venting is good for U! better to spew verbally or even to hit the door
than any other type of release!
rfb_who vents/spews almost daily
|
92.2662 | i have bit THRU my tongue | WMOIS::LEBLANCC | All good things in all good time | Thu Apr 10 1997 14:41 | 7 |
| this is bullshit
after insurance i am going to be out over 500 bucks personally
|
92.2663 | | ALFA2::DWEST | i believe in chemo girl! | Thu Apr 10 1997 15:00 | 4 |
|
my advice to you....
drink heavily... :^) :^) :^)
|
92.2664 | don't get mad, get even ;-) | AWECIM::HANNAN | Beyond description... | Thu Apr 10 1997 15:05 | 18 |
| Getting ripped of really sucks. Hang in there Chris, it happens
to the best of us...
My advice, lower your deductible*, and GO STEALTH. Hide your
stereo and your valuables in your vehicle. False face, removeable
cover, all that. If you have good speakers, put crap grilles on
them after hiding the name brand if visible. If you live in a
bad area (like working @ ZKO :-/) get an alarm.
ZKO seems like it would be a tough place to patrol...
* many ways to do this, but say there's a scratch that you can
live with (eg, you are gonna keep this car so long that scratch
won't matter in 5/10 years). That might save you $300 in repair bills.
Are you sure you're not missing anything else ? How about all those
tapes and/or cds ?
/Ken
|
92.2665 | who wants to drink with me? | WMOIS::LEBLANCC | All good things in all good time | Thu Apr 10 1997 15:13 | 11 |
| well this was Andover not Nashua
i have narrowed down the perp to NOT be
1) a reggae fan (left my marley tapes)
2) a dylan fan (left the dylan tapes)
3) a head (left allllllll the bootlegs)
and COULD be
1) another head (they stole the jerry tie)
2) a cigar smoker (they stole the castro's hat)
|
92.2666 | what'll it be? scotch? guiness? bass? bourbon? :^) | ALFA2::DWEST | i believe in chemo girl! | Thu Apr 10 1997 15:31 | 5 |
| if you can get to the Tammany Club in Wormtown tonight i'll buy
you a couple dude! :^) i'll be there seeing "She's Busy" this
evening...
da ve
|
92.2667 | carry a .357 and sit in the woods | ICS::SMITHDE | So many roads | Thu Apr 10 1997 16:28 | 7 |
|
Your car seems to be getting targeted. Do the Jetta's commonly have
breakin problems? Whats this? The 2nd time?
I usually leave my car doors unlocked and I have a crappy strereo. The
only thing I've had ripped off from this car over the past 7 years in
the donut tire.
|
92.2668 | | AWECIM::HANNAN | Beyond description... | Thu Apr 10 1997 17:06 | 3 |
| Oh, Andover... never been there. See notes on stealth.
/Ken
|
92.2669 | | UCXAXP::GRADY | Squash that bug! (tm) | Thu Apr 10 1997 17:07 | 16 |
| Did somebody say Guiness? Tammany?
Just got back from small claims in Ayer...when Ayer Moving & Storage
screwed up my move last summer I refused to pay the $714.50 balance
(they had already extorted $1414.50 by holding my belongings hostage)
The move was the biggest catastrophe I've ever seen or heard of, so I
refused to pay the balance and they took me to court. I described it
all to the judge, who took lots of notes and looked at my
documentation, and said she'd take it under advisement - no immediate
judgement, but these folks really look bad, so I'm optimistic....
...which, of course, is why I noticed the word Guiness so
quickly....;-)
tim
|
92.2670 | i think so, yep, i do... | ALFA2::DWEST | i believe in chemo girl! | Thu Apr 10 1997 17:20 | 7 |
| re :"Did someone say Guiness?"
uhhh, yep... that would be me... :^)
and yep, i said Tammany too... :^)
da ve
|
92.2671 | Guinness is Good for you !!! | SUBSYS::TURCOTTE | fun stuff | Thu Apr 10 1997 17:35 | 5 |
| > Did somebody say Guiness?
Freind !
|
92.2672 | did the vandals take the handles? | JARETH::LARU | au contraire... | Thu Apr 10 1997 20:18 | 5 |
92.2673 | the bens of driving a shitbox... | LJSRV2::JC | No friends on powder days | Fri Apr 11 1997 03:39 | 7 |
| that's a bummer leblance...
stealing is a pretty low thing to do....
lately, the nova, i just leave it open...someitmes keys in it..
it is *such* a piece of shit now... buitm,
the tunes are good
:-)
|
92.2674 | bummer chris, I'll hoist one for you over the weekend... | SMURF::PETERT | rigidly defined areas of doubt and uncertainty | Fri Apr 11 1997 03:54 | 8 |
| > lately, the nova, i just leave it open...someitmes keys in it..
So you're saying, you HOPE it gets lifted???
;-)
PeterT
|
92.2675 | | JARETH::LARU | au contraire... | Fri Apr 11 1997 12:30 | 7 |
92.2676 | Feelin' your pain, brother! | FABSIX::D_TODD | | Sun Apr 13 1997 22:36 | 27 |
|
Yeah, break-ins suck!!
Had my car broken into almost a month ago. Armand and I were chucking
darts with the team down in Worm-town, and the worms were out!
Although I did lose the 30 pack of CD's I had in there, things could have
been MUCH worse. (Lost Widespread Panic, moe., Percy Hillx2, Phishx3, GDx2,
Allmans, John McLaughlin, etc.... &^( All together, figger about 400 clams.
The car wasn't damaged really 'cept for the passenger window access port.
Glass everywhere.
Interesting twist on the Stealth theory....well, I have a detachable face CD
player and a windshield mounted radar detector. Prior to the fiendish act,
removed both articles and placed them neatly in the console betwixt the seats.
Came out of the bar and found everything in disarray. They plundered the
front, back, glovebox and yes the console. Funny part....they just threw the
faceplate and detector on the floor, grabbed the cd case and split. Based on
the evidence, I came to the conclusion it was some punk kid who was about to
become very bummed about stealing a bunch of cds he has no interest in. Still
haven't made it to the local pawn shops to buy 'em back yet.
Let's face it....Crime Sucks
Why can't we all just get along???...........davet.
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