July 24, 1993
Advanced Logic Research Inc., the Irvine manufacturer of microcomputer systems posted a loss of $2.7 million, or 24 cents a share, for its third fiscal quarter, which ended June 30. That contrasted with a profit of $1.6 million, or 14 cents a share, for the comparable period last year. Revenue declined 32% to $36.1 million from $52.7 million. For the latest nine months, the company reported a loss of $5.8 million, or 52 cents a share.
August 5, 1992
The computer rivalry heated up in this city on Tuesday. Advanced Logic Research Inc. said it cut prices on a number of its computer models to stay competitive with rival computer maker AST Research Inc. ALR said it cut prices up to 18% on a line of desktop computers and up to 26% on a line of computers aimed at small businesses and corporations. Meanwhile, AST said it will introduce two new products on Monday.
September 24, 1991 |
Advanced Logic Research Inc. has agreed to sell 300 computers to the Polish government in a deal the company valued at less than $1 million. The Irvine personal computer manufacturer has been designated the sole supplier for the Polish government's Central Statistics Office in Warsaw, said Dave Kirkey, vice president of worldwide marketing. The computers will be used for various statistical analyses and census number-crunching, Kirkey said.
November 23, 1988 |
If Gene Lu has his way, Orange County's biggest personal computer maker in the 1990s will be headquartered in Irvine and have a name that starts with "A" and ends with "Research." But he's not talking about AST Research. Lu is the founder and president of Advanced Logic Research, a 4-year-old personal-computer maker whose products have won an impressive string of favorable industry reviews in recent months.
September 25, 1989 |
Gene Lu's boyish looks and modest manner seem more fitting for a university graduate student than for the head of a fast-growing personal computer company. But Lu, 35, the founder and president of Advanced Logic Research of Irvine, is beginning to get a sprinkling of gray in his jet-black hair--evidence, perhaps, of the strains of running an $80-million company in a fiercely competitive industry.