Amdahl Corp is not known as an IBMulator for nothing: it too is cutting its dividend – to five cents a share this year from a dime last year, in an effort to conserve its capital base: the company, which reported a first quarter $240m loss after a $243m restructuring charge – figures, page seven – said its revenues were lower than expected because of soft economic conditions and competitive pressure on prices; it also said that while it was committed to the IBMulator business, it plans to expand its open systems products line because demand is increasing in that field; it is also enhancing our Huron applications development and production system, which creates applications that run without change in both proprietary and open environments and on both large and desktop systems, the company added, saying that its objective is to turn Huron into an industry standard and to develop a growing business in open systems for large-scale computing.
