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Newsbytes - Internationa…ews 1983 May to 1994 June
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Newsbytes - International Computing Industry News 1994 Edition - May 1983 - June 1994 - Wayzata Technologies (5045) (1994).iso
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1992
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1992-02-07
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(NEWS)(TELECOM)(DEN)(00001)
Supra Intros New V.32 Data/Fax Modems 02/07/92
ALBANY, OREGON, U.S.A., 1992 FEB 7 (NB) -- Supra Corporation has
introduced two new compact V.32 modems with data/fax capabilities
and other new features.
The SupraFAXModem V.32bis can transmit computer data or faxes at
speeds up to 14,400 bps, while the SupraFAXModem V.32 can handle
data and fax transfers up to 9600 bps.
The V.32bis carries a suggested retail price of $399.95, while the
V.32 sells for $299.95.
Both machines, which are housed in compact cases measuring 1 X 4.5
X 6.5 inches, recognize Class 1 and 2 fax commands, are compatible
with Group 3 fax machines, and have the ability to send and receive
faxes directly from the computer. Both modems support data
compression and error correction protocols, including V.42bis
four-to-one compression at throughput rates up to 57,600 bps for the
V.32bis, and 38,400 bps for the V.32.
An interesting feature is the LCD status display, which resembles a
digital clock face. The display can show up to 25 different status
messages, replacing the indicator lights found on many modems.
Other features of the two modems include support of voice and caller
ID. The voice feature, which will be available in mid-1992 when the
user-installable software comes to market, allow the modems to send
and receive digitized voice, as well as compress and uncompress
voice data.
Supra says the voice feature will also generate and recognize
touch tones and select the best transmission rate, depending on the
quality level desired. The voice feature is designed to support
voice mail, answering machines, and digital announcers.
If your phone service provider implements caller ID, both these
Supra modems will display the number from which the incoming call
was dialed, on the user's screen. Supra says the caller ID feature
is ideal for secure communications, automatic identification of
incoming calls, and interactive voice applications.
Supra officials say they are particularly pleased with the pricing
of the two modems, which they say is possible due to innovative
design and the Rockwell chip sets used. "We are very excited
about the power we're putting into our customers hands...at these
very affordable prices," said Supra president John Wiley.
Cable and software kits for IBM and compatibles, as well as
Macintosh systems, are available. Supra says PC internal models
will also be available later.
The Mac packages are compatible with System 7, and include FAXstf
fax software, Microphone communications software, a CompuServe
Information Manager starter kit and software.
The IBM kits are available in DOS and Windows versions. The Windows
package includes Winfax, a fax transmit/receive program for
Windows. No communications software comes with the Windows package,
since Windows has its own communications software. DOS packages
include FaxTalk software and the Mirror telecommunications program.
Both modems are AT command compatible, automatically adjust to the
best protocol and data transfer rate, and have an adjustable-volume
speaker.
Supra says owners of earlier SupraModems can upgrade to current
packages. For more information about upgrading, or about Supra
products, call 800-727-8772 or 503-967-2410.
Supra also makes various peripherals for Commodore Amiga computers.
(Jim Mallory/19920207/Press contact: John Wiley, Supra,
503-967-2400)
(NEWS)(GOVT)(DEN)(00002)
Jurors Award $550 Million In Miniscribe Securities Fraud 02/07/92
GALVESTON, TEXAS, U.S.A., 1992 FEB 7 (NB) -- Jurors have awarded
more than $550 million to Houston-area victims of an alleged
securities fraud scheme involving Miniscribe, a Colorado disk drive
manufacturer now out of business.
Damages included $200 million assessed against accounting firm
Coopers & Lybrand. The suit had asked for $600 million.
Jurors deliberated for more than two days before deciding damages to
investors who bought about $18 million in Miniscribe bonds. The
two Texas-based banks who brought the suit on behalf of 152
investors alleged that the accounting firm issued misleading
financial statements.
According to the plaintiffs attorney, Joe Jamail, the award is the
second biggest verdict since the Pennzoil case. Jamail won a $10.3
billion judgment for Pennzoil in a 1985 suit against Texaco.
Pennzoil reportedly later settled for $3 billion.
The defendants in the Miniscribe case were found guilty of fraud,
negligence, and gross negligence. Allegations included Miniscribe
packaging bricks and shipping them as computer parts, as well as
valuing obsolete parts as current inventory.
The judge gave the defendant's attorneys until next week to file
motions before he revises or approves the verdict.
A Coopers & Lybrand spokesperson said the company was "outraged" by
the award, and planned a "vigorous" appeal, branding the verdict
unfair.
(Jim Mallory/19920207)
(NEWS)(BUSINESS)(DEN)(00003)
Inacom Nets $2.25 Million For 4Q 02/07/92
OMAHA, NEBRASKA, U.S.A., 1992 FEB (NB) -- Inacom, merged from Valcom
and Inacomp Computer Centers last August, has reported fourth
quarter earnings of $2,25 million, or 26 cents per share.
Revenues for the period were $252.6 million, according to president
and CEO, Bill Fairfield.
Revenues for all of 1991 were reported as $680.4 million, compared
to $427.8 million for the previous year. Net 1991 earnings were
$3.405 million, compared to $6.96 million for 1990. Earnings per
share for the year were $.56, down from $1.69 in 1990.
Fairfield said the lower earnings and earnings per share were due to
lower than expected revenues and margins, as well as the general
sluggish condition of the industry. Expenditures were also higher
in relation to gross margins.
Fairfield said while the company could have just talked about
integration of the two companies, but "instead, we did it." He said
by moving quickly to eliminate redundant costs, Inacom saw the
positive performance it anticipated from the merger.
Fairfield praised the Inacom staff for moving quickly and reacting
to change well.
Inacom has centralized its distribution, administration and
franchise locations, installed all indirect locations on its
automated ordering and product information system, and trained 1,800
people in the use of the system.
It also reduced the number of people required to run the business by
about 500, and consolidated 20 locations in overlapping markets.
"Mergers of this size usually take years, not months, to accomplish,"
said Chairman Rick Inatome.
(Jim Mallory/19920207/Press contact: Geri Michelic, Inacom,
402-392-3923)
(NEWS)(GENERAL)(DEN)(00004)
Young Ohio Astronauts Like Their Work 02/07/92
DAYTON, OHIO, U.S.A., 1992 FEB 7 (NB) --- It's a scene we have seen
on television many times. The casually dressed astronauts sit in
front of computer consoles, participating in a space mission.
But these astronauts will probably go to the playground when the
simulated mission to Comet Halley is complete. They're students at
Dayton, Ohio's Kiser Middle School.
The kids are participating in a program to make math and science
come alive for students who are more used to copying notes from a
blackboard. School officials say the program grew out of the desire
for the center to serve as a living memorial to the space shuttle
crew lost in the Challenger shuttle disaster on January 28, 1986.
Then, seven US astronauts lost their lives in a blazing explosion
seen on television by millions of viewers.
Described as "fun" by nine out of 10 sixth grade students
participating in a simulated mission last year, the kids also talked
about learning teamwork and effective communication. Besides
teamwork, 63 percent of students said they had learned something
scientific, when surveyed by the University of Dayton. Nearly half
of the students said, "I learned I am a good communicator" or "I am
smarter than I thought" when asked to describe one thing they
learned about themselves from the experience.
According to James Rowley, assistant professor of teacher education
at the University of Dayton, the center is one of eight in the
country. Twenty-five more are scheduled for construction in the
next five years. Rowley was one of 100 semifinalists in the
"Teacher in Space" program, from which ill-fated Christie
McAuliff was chosen to be the first educator to travel into space.
(Jim Mallory/19920207)