🚀 go-pugleaf

Tuesday's (1/26/93) New York Times had an article about the demise of Steve
Chen's company Supercomputer Systems. Some interesting points of the article
are included below.

 . "... Steve S. Chen said today that he was abandoning the project and closing
    his company."

 . "Mr. Chen said that he was closing his factory and laying off his employees
    today. But he said he would continue for several weeks to search for
    additional support, .."

 . "Mr. Chen's company said today that it needed an additional $60 million to
    complete development of its machine and begin manufacturing."

 . "Several executives involved in the project said the computer maker had been
    spending approximately 5$ millon a month recently,...They said that I.B.M.'s
    financial difficulties were not the reason the computer maker had decided to
    end its financing of Mr. Chen's project. Instead it was the continued lack
    of clear evidence that a working machine would emerge soon that led I.B.M.
    to close its purse."

 . The article went on to describe what it saw as the tightening competition
   among conventional supercomputers, massively parallel supercomputers and work
   stations capable of near-supercomputing speeds.

Th-th-th-that's all f-f-f-folks,

+---------------------------+--------------------------------------------+
| Larry Yeagley             |          Cogito, ergo cogito sum.          |
| lry1219@cfdd42.boeing.com |                                            |
+---------------------------+--------------------------------------------+
|  The advice, opinions and mistakes expressed here are my own and       |
|  certainly not Boeing's.                                               |
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