Shares in Tandem Computers Inc have been climbing after the company said late Wednesday that it would report record results for the latest quarter: president and chief executive James Treybig told analysts the company expects record revenues and earnings per share in its fourth quarter to September 30 and for 1995, the company is budgeting for significant improvement in earnings per share over 1994; Tandem is now growing at a 6% rate at the end of its fiscal year and has cut costs by $190m to $200m as part of the restructuring programme started in 1993l; it has reduced its head-count by about 14% and is to continue to cut where possible.
