1
 Cray Research Inc. forecast
2
attribution

2
 that 1990 will be a no-growth year for its supercomputer line.
5001
span

3
 In what has become a series of bad-news announcements,
4
concession

4
 the world's largest maker of supercomputers said 
5056
span

5
that after reviewing its order prospects, 
6
circumstance

6
we have concluded 
5052
span

7
it is prudent 
5005
span

8
to plan for next year on the assumption 
5006
span

9
that revenue again will be flat.
8
elaboration-object-attribute

10
 Cray jolted the market in July 
5009
span

11
when it slashed revenue and earnings projections for this year, 
5010
span

12
citing a slowing economy 
5011
span

13
that has delayed orders from government as well as commercial customers. 
12
elaboration-additional

14
 The company made its 1990 projection 
5012
span

15
-- an unusual event for Cray -- 
14
elaboration-additional

16
in announcing improved net income for the third quarter.
5012
manner

17
 Cray said 
5016
attribution

18
it earned $30.6 million, or $1.04 a share, up 35% from $22.6 million, or 73 cents a share, a year ago. 
5016
List

19
Revenue gained 45% to $210.2 million from $145.2 million.
5016
List

20
 For the nine months, earnings totaled $36.6 million, or $1.24 a share, down 46% from $68.1 million, or $2.19 a share, a year earlier.
5017
List

21
 Revenue was $454.6 million, a 6.9% gain from $425.4 million.
5017
List

22
 Cray made its announcement 
5019
span

23
after the stock market closed.
22
temporal-after

24
 In New York Stock Exchange composite trading yesterday, Cray closed down $1.125 at $34.25.
5019
elaboration-additional

25
 Cray said 
26
attribution

26
its order backlog at Sept. 30 was $315 million, down $25 million from June 30.
5024
span

27
 Marcello Gumucio, president, said 
5027
attribution

28
the company did well in the quarter 
5026
span

29
as far as revenues and earnings are concerned, 
28
circumstance

30
and not quite as well in terms of signing orders.
5027
Comparison

31
 As for the current period, Mr. Gumucio said, 
5028
attribution

32
We anticipate 
5030
attribution

33
that fourth-quarter revenue and earnings will be substantially greater than any of the preceding three quarters, but not up to the record levels of last year's fourth quarter 
5030
span

34
when Cray earned $88.5 million, or $2.80 a share.
33
elaboration-additional

35
 He added 
36
attribution

36
that the company expects strong operating profit for the year, but at a level significantly lower than last year. 
5031
span

37
He said 
5033
attribution

38
1989's net income could be 11% to 13% of revenue, 
5033
span

39
which, 
5034
Same-Unit

40
assuming current expectations,
5037
hypothetical

41
 would be 40% to 45% below 1988's level.
5037
span

42
 Last year, Cray earned $156.6 million, or $4.99 a share, on revenue of $756.3 million.
41
elaboration-additional

43
 Next year looks dismal,
5038
span

44
 said analyst Paul Luber of Robert Baird & Co., Milwaukee. 
43
attribution

45
Noting that Cray doesn't have a low-end supercomputer 
5039
span

46
to compete with the likes of Convex Computer Corp. and International Business Machines Corp., 
45
purpose

47
Mr. Luber said 
5042
attribution

48
such a machine would be necessary 
5042
span

49
to get things back on line here.
48
purpose

50
 Cray has indicated 
51
attribution

51
it will decide on whether to build such a machine before year end. 
5043
span

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span

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elaboration-additional-e

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span



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span
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span

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span
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circumstance

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span
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explanation-argumentative

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span
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consequence-n

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span
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span

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span
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span

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span
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span

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span
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Comparison

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multinuc
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span

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multinuc
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Comparison

5018
multinuc
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elaboration-additional

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span
5022
span

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span
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span

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span

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span
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elaboration-additional

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span
5048
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5025
span
5045
span

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span
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Comparison

5027
multinuc
5025
span

5028
span
5029
span

5029
span
5047
span

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span
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span

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elaboration-additional

5033
span
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span

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multinuc
38
elaboration-object-attribute

5035
span



5036
span
5034
Same-Unit

5037
span
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span

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span
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span

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span
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example

5040
span
5049
span

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span
5050
span

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span
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span

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span
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elaboration-additional

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span
5020
elaboration-additional

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span
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elaboration-additional

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span
5029
elaboration-additional

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span
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elaboration-additional

5048
span
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elaboration-additional

5049
span
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topic-drift

5050
span
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elaboration-additional

5051
span



5052
span
5054
span

5053
span



5054
span
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attribution

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span
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elaboration-additional

5056
span
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attribution

