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  1. Technology
July 5, 1993


By CBR Staff Writer

Cray Research Inc executive vice-president of finance Michael Lindseth says he is still comfortable with analysts’ current estimates of a profit for 1993 ranging from $2.20 to $2.70 per share compared with a loss of $0.56 per share in 1992; he also said that 1993 revenues should be up about 10% from the $797.6m sales Cray recorded in 1992; Cray is on target to introduce its first massively parallel processor systems later this year and will ship them to customers sometime in the fourth quarter.

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