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April 19, 1994

DEC’s LOSSES

By CBR Staff Writer

Digital Equipment Corp’s figures were greeted with shock-horror headlines about the level of the loss, but compared with the billions in losses that IBM Corp has reported, surely $183.3m isn’t so bad? The answer is that DEC’s loss is a pure trading loss, unencumbered with any write-downs or write-offs, and as such, $183m is BIG!

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