Teradata will report big news in Big Apple.Teradata will report big news in Big Apple Teradata Corp., hoping to draw attention to its upcoming product announcement "of significant industry importance," plans to unveil its news at the Windows of the World restaurant atop the 106-story World Trade Center in New York City New York City: see New York, city. New York City City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S. on April 22. The El Segundo El Segundo (ĕl sēgŭn`dō), industrial city (1990 pop. 15,223), Los Angeles co., S Calif., on Santa Monica Bay; inc. 1917. Its products include navigation and computer systems, aircraft parts, office machines, telephone apparatus, and computer-systems maker hardly needs to call attention to its prospects on Wall Street. Its stock had risen to the $19 dollar-a-share range from a low of $6.75 last October. The product will likely be the next generation model of its flagship database computer, the DBC/1012, said Montgomery Securities analyst John B. Jones. He estimated it would improve performance 200 percent of a 50 percent increase in cost. The change would come from replacing its Intel 386 microprocessor microprocessor, integrated circuit containing the arithmetic, logic, and control circuitry required to interpret and execute instructions from a computer program. with the Intel 486, and doubling storage capacity of each of its disk-drives to 2.5 gigabytes (20 billion information bits), he said. An industry source said a comment on the company's financial prospects is also likely. Teradata, which earned $22 million on $224 million revenues in fiscal 1990, is a factor in the AT&T takeover bid Noun 1. takeover bid - an offer to buy shares in order to take over the company two-tier bid - a takeover bid where the acquirer offers to pay more for the shares needed to gain control than for the remaining shares for NCR (NCR Corporation, Dayton, OH, www.ncr.com) A technology company specializing in financial terminal transactions, retail systems and data warehousing. Until the late 1990s, NCR was heavily invested in the hardware side of the industry, known worldwide as a major manufacturer of computers Corp. The latter owns a 9.4 percent stake in Teradata. |
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