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February 1, 1989

CONTROL DATA NOT OPTIMISTIC THAT 1989 WILL SEE ANY BIG IMPROVEMENT ON 1988

By CBR Staff Writer

Commenting on its figures – see page five, Control Data Corp is by no means sanguine on the prospects for 1989, forecasting another disappointing year. The company blames its $12.6m fourth quarter loss on mainframe shipments being hurt by delays in getting critical logic ships from a supplier and by soft demand, especially in the US, while the ETA Systems supercomputer subsidiary had poor 1988 results, and semiconductor revenues were off partly because the data storage market continues weak.

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