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February 1, 1989

AMDAHL SEES 15% EARNINGS GROWTH IN 1989

By CBR Staff Writer

Amdahl Corp is happy with forecasts on Wall Street that it will grow earnings per share by 15% this year, on turnover 15% to 25% up on the figure for 1988, when it did $2.08 per share on sales of $1,800m. The company, which had gross operating margins of 46.2% in 1988, sees these shading a point or two as a result of pricing pressure as IBM tries yet harder to get the 3090S models moving.

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