March 9, 1989 |
Advanced Logic Research, a small but rapidly growing Irvine computer maker, next week will become the third U.S. manufacturer to introduce a clone of International Business Machine's PS/2 line of personal computers. ALR's announcement comes at a time when IBM is stepping up its efforts to establish the PS/2 Micro Channel as an industry standard, accepted by the hundreds of companies that produce personal computers and accessory products.
January 11, 1993 |
Nature of business: Supplies microcomputers for the Intel line Total employees: 550 In Orange County: 400 Stock listing in The Times: On NASDAQ "AdvLog" Ticker Symbol: "AALR" Friday's stock close: $3.84 One-week change: Up $0.21 Analyst review: "Advanced Logic has a very good clone in the computer market, and the quality of its components are good. Right now its stock trading below book value, however, that's more reflective of the whole computer industry. Even IBM is down.
January 28, 1992 |
Personal computer maker Advanced Logic Research Inc. said Monday that its first-quarter earnings dipped 85% from a year earlier, blaming falling prices and a slow economy. Irvine-based ALR reported earnings of $462,000, or 4 cents a share, down from $3.1 million, or 31 cents a share, a year earlier. Revenue for the quarter ended Dec. 31 dropped 1%, to $49.4 million from $49.8 million. Gene Lu, chief executive, said the company's strategy of aggressive price cuts is taking a toll on profits.
January 7, 1992 |
After performing well in a down computer market, even Advanced Logic Research Inc. in Irvine is starting to slow down. In preliminary results, ALR said Monday that it expects earnings for its first quarter ended Dec. 31 to be "significantly below" the $3.1 million recorded for the period last year. Revenue is expected to fall 3.6%, to $48 million from $49.8 million a year earlier.
May 17, 1992 |
For many Orange County executives, 1991 was a year when their pay packages came under greater shareholder scrutiny and corporate boards were cautious in handing out cash bonuses and perks. It mirrored a trend statewide of keeping executive compensation in line with a company's financial performance. Of the top 100 county executives on the list of publicly traded companies, one-third of the officers saw their cash compensation remain unchanged or had it reduced.