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Conference 7.286::digital

Title:The Digital way of working
Moderator:QUARK::LIONELON
Created:Fri Feb 14 1986
Last Modified:Fri Jun 06 1997
Last Successful Update:Fri Jun 06 1997
Number of topics:5321
Total number of notes:139771

3207.0. "Other companies are hurting too" by MARVA1::POWELL (Arranging bits for a living...) Fri Jun 24 1994 21:41

    Folks - please lay off all of the BMW  (B*tchin' - Moanin' - Whining).
    
    This notes file is DEPRESSING...
    
    
    Digital is NOT the ONLY computer company having it's share of problems.
    
    
    Let's stop shooting at each other and take aim at our competition.
    
    Therefore, I declare this topic to report all of the problems
    the other guys are having.  Please join in with whatever items 
    you see in the media - and please report your sources.
    
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3207.1AT&T GIS loss of $57MMARVA1::POWELLArranging bits for a living...Fri Jun 24 1994 22:0330
    From:  Global Connection (formerly NCR Connection)
           An Independent PCI Publication for AT&T Information Systems Users
           Vol. 11  No. 6
           June 1994
           Page 6
    
    
    Article:  AT&T profits $1B, GIS operates at $57M loss
                                -------------------------
    
        AT&T reported a first-quarter net income of $1.09 billion, or 80
    cents a share.  Net income grew nearly 17 percent over last year's
    restated first-quarter profits, which were $936 million, or 69 cents a
    share, before the cumulative effects of accounting changes.
        The company posted a loss in the 1993 first quarter of $6.83
    billion, or $5.07 a share, after the required changes for retiree
    health and other benefits, separation and disability benefits and
    income taxes.
        Current-quarter revenues were $16.56 billion compared with $15.72
    billion in the year-ago quarter.
        Total revenues for AT&T Global Information Solutions roes nearly 3
    percent over the year-ago period to $1.53 billion, with product sales
    showing an improvement of 5 percent.
        THE BUSINESS UNIT REPORTED AN OPERATING LOSS OF $57 MILLION FOR THE
    QUARTER, COMPARED TO A LOSS OF $14 MILLION A YEAR AGO RESTATED FOR THE
    ACCOUNTING CHANGE ON POSTEMPLOYMENT BENEFITS.
    
    (emphasis mine)
    
    reproduced without permission
3207.2Microsoft!ODIXIE::SILVERSdig-it-all, we rent backhoes.Fri Jun 24 1994 22:412
    Microsoft is under a court injuction to stop selling DOS 6.0 & 6.2, due
    to patent infringments on STAC's compression s/w - hee, hee....
3207.3KLAP::porterit don't feel like sinnin' to meMon Jun 27 1994 12:473
re .-1

Haven't they already started shipping 6.22?
3207.4Microsoft Now Has License to STAC TechnologyMROA::WILKESMon Jun 27 1994 12:575
    re -2
    
    Microsoft has reached an out of court settlement with STAC and will be
    paying Stac royalties of $1 million per month for 43 months. Microsoft
    will also be taking an equity position in STAC.
3207.5HYDRA::BECKPaul BeckMon Jun 27 1994 13:111
    If you can't beat 'em, buy 'em.
3207.63123.7DPDMAI::ROSEMon Jun 27 1994 20:002
    see 3123.7