CRAY RESEARCH HAS A BUY-BACK PROGRAMME OF 2M OUTSTANDING SHARES

And having disappointed its fans with news that 1989 does not look too promising, Cray Research Inc is trying to make some amends by bolstering its share price a little with a buy-back programme of as many as 2m of the 29.2m shares out – or about 6.8% of the total.

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