Richardson, Texas-based Convex Computer Corp reports that more than 20 of its C Series computers have been installed in Eastern Europe and Russia since the fall of the Berlin Wall – in Poland, Hungary, Russia, Slovenia, the Slovak Republic and the Czech Republic: that’s the good news – the bad is that for the second quarter Convex expects to report a loss on sales of less than $55m; chief executive Robert Patrick said the number of new orders the company anticipates this quarter will not be enough to allow us to reach our financial objectives; for the second quarter of 1992 Convex reported earnings per share of $0.03 on $57.5m sales.
