Prime Computer Inc.: The computer maker posted...
<i> From Times Staff and Wire Service Reports</i>
Prime Computer Inc.: The computer maker posted a third-quarter net loss of $104.8 million, contrasted with net income of $11.7 million a year ago. The Natick, Mass., firm attributed the figures to a $130-million pretax restructuring charge. Without the charge, the loss would have been $12.5 million. Revenue totaled $357.9 million, down 9%. On Aug. 21, 79% of Prime’s stock was acquired by D R Acquisition Corp., an affiliate of J. H. Whitney & Co., a private New York based investment firm.
