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July 26, 1988


By CBR Staff Writer

Several small and innovative companies in the minisupercomputer field have fallen by the wayside, but the shakeout in the market has now hit the first major: Prime Computer Inc has decided to get out of what it sees as an over-competitive market and take a $5m bath on its venture, which involved marketing machines built by privately-held Cydrome Inc of Milpitas, California. The Natick, Massachusetts minimaker holds over 12% of Cydrome, and says that it is writing down its investment in the company. Prime warns that the write-down will bring net per share for the second quarter down to between 13 and 17 cents a share, compared with 32 cents this time last year. Cydrome launched its Cydra 5 minisupercomputer in January, characterising it as the first Directed Dataflow symmetrical multiprocessor, running the Cydrix 5.3 symmetrical multiprocessing version of Unix V.3, and Prime launched the machine as the MXCL 5 (CI No 853).

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