Red Ink At Tandem, Revived Sales At Dec
IBM's huge second-quarter loss wasn't the only red ink spilled lately by the depressed computer industry. Tandem Computers posted a $550 million loss for its third quarter, thanks to a massive restructuring that will slash some 15% of Tandem's work force. But Digital Equipment proved a surprise. The minicomputer maker reported operating profits of $120 million for the quarter ended July 2, a function of hard-nosed cost-cutting and a strong performance from DEC's sales team.
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