View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. Technology
May 27, 1994


By CBR Staff Writer

Digital Equipment Corp’s treasurer, Ilene Jacobs, wrote a memo last month warning executives that the company was using up cash too quickly, the Wall Street Journal reported – It is not my intent to cry ‘fire’ in a crowded theatre, but I am feeling rather lonely over here watching the cash flow rapidly out of the company, she wrote – quarter to date, we have experienced another $275m to $325m outflow! and at our current rate of cash outflow, we will be borrowing against accounts receivable within three months – but don’t panic: DEC says the memo got wider circulation than intended and was written to energise the finance team to greater efforts to conserve cash.

Content from our partners
Scan and deliver
GenAI cybersecurity: "A super-human analyst, with a brain the size of a planet."
Cloud, AI, and cyber security – highlights from DTX Manchester

Websites in our network
Select and enter your corporate email address Tech Monitor's research, insight and analysis examines the frontiers of digital transformation to help tech leaders navigate the future. Our Changelog newsletter delivers our best work to your inbox every week.
  • CIO
  • CTO
  • CISO
  • CSO
  • CFO
  • CDO
  • CEO
  • Architect Founder
  • MD
  • Director
  • Manager
  • Other
Visit our privacy policy for more information about our services, how Progressive Media Investments may use, process and share your personal data, including information on your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.