Citizen Register from Ossining, New York • 28

2" Section!) Gannett Westchester Newspapers Tuesday June 19 1984 Business Used with love Xerox 3109 $2095 Usedactory Conditioned Memorywriter 610 $895 Usedactory Conditioned Xerox 2300 $1295 Usedactory Conditioned Xerox 660 $695 Usedactory Conditioned A lot of love went into designing our copiers and Memorywriter typewriters made with care And made to last Which is why our customers last also also the reason such good used Bargains Our used copiers can: Copy on plain ordinary paper Reduce Handle oversize documents writer typewriter lets you: Make revisions instantly without retyping entire pages Store addresses and often used phrases Upgrade as your needs change All machines come with a 30 day limited warranty and are eligible for Xerox service plans So hurry down Or call 800 847 781 1 In New York State call 1 800 847 7800 Give you 20 copies per minute Our used Xerox 610 Memory With values like these we predict be love at first sight Bring in this ad and get $50 to $100 off or 4 days at these 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Marriott Jr president and chairman of the Marriott hotel chain Arthur Imper atore a New Jersey trucking company and a revised bid from Conrail employ ees Details of these bids were not imme diately available The only detailed offers on the table late Monday were: A $500 million cash offer by Conrail employees plus an agreement to extend wage concessions for three years and forgo $12 million in tax benefits stem ming from past losses The offer was the first put on the table and cy of the Penn Central Railroad and six other rail lines left most of the North east without rail service It began operating in 1976' and in five years piled up $2 billion in losses Its only salvation was $32 billion in federal subsidies on top of $44 billion the gov ernment already had paid for tracks and equipment used by the bankrupt lines Three years ago Congress decided the only way out of the morass was to streamline operations One of the railroad most respected executives Stanley Crane was per suaded to take helm He was authorized to get out of the money losing commuter business andabandon unprofi table routes and given a program to reduce labor costs The unions seeing the railroad under threat of break up accepted wage concessions The turnaround was im umm mediate The offer from Alleghany Corp is expected to meet strong criticism in Congress because of that past association with the Penn Central In 1982 Conrail record ed a $174 million profit its first followed by a $313 million profit last year and an expected $400 million in black ink this year It has $700 million in was expected to be sweetened A $1 billion cash offer by Alleghany Corp which also would forgo $1 billion in tax benefits This agreement would include paying off Conrail employees who own 15 of the railroad with current Conrail funds The offer from Alleghany Corp is expected to meet strong criticism in Congress because of that past association with the Penn Central A bid submitted late last week by Allen Co Inc a Wall Street invest ment house of $11 billion in cash and an undisclosed amount of warrants that could mean additional money for the government if Conrail is successful The offer was greeted skeptically since Allen Co has a history of pur chasing companies with the idea of quickly selling them for a profit The sale promises to be far from smooth and may become one of the summer's more heated issues in Con gress where the administration already has been accused of moving too fast for a sale before the November election At the same time there is some sentiment although not within the administration for putting the sale off altogether since Conrail appears to be profitable and may be worth more once its record is more firmly established administration appears to pre fer a quick sale rather than a good argued Rep James lorio NJ chair man of a House transportation subcom mittee He promised hearings on the matter once Mrs Dole decides on an offer Congress created Conrail officially as the Consolidated Rail Corp in the early 1970s after the bankrupt cash and total assets valued at $5 bil lion The sale of Conrail which covers 14 states and is the dominant freight rail road in the Northeast to either Norfolk Southern and CSX could put the other at a serious market disadvantage accord ing to railroad analysts would give them a virtual monop oly over the says Hays Watkins chairman of CSX Corp of the prospects of Norfolk Southern obtaining the freight line If Norfolk Southern were successful it would obtain access to the port cities of New York Philadelphia and Balti more and become the largest railroad in the country William Geeslin vice president for public relations for Norfolk Southern likewise said that if CSX were to get the railroad would be and would not be very good for board of directors has also served notice it might make an offer for the railroad if no satisfactory bids are made by Monday Crane on riday sent a letter to Mrs Dole saying in the opinion of the board of directors none of these offers is in the best interests of the corporation the board of directors believes it prudent to reserve the right to make or support other offers for the Crane who long kept silent on sale prospects recently expressed strong oppos to Conrail going to either of the Eastern rail giants He said such a consolidation would reduce com petition and eliminate hundreds of jobs because Conrail and the other railroads have many miles of parallel track IBMsupeips Personal Computers Get a free Taxan RGB color monitor with an IBM XT starter system! 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I $87gltf kJ Ebm Microwinnies new disk storage stars By Bohdan Szuprowicz The introduction of the small 5 inch diam eter minidisks in their floppy and rigid varieties a few years ago made the personal computer a reality Today the emergence of portable com puters and more sophisticated and smaller desktops is driving the quest for even compact storage devices with greater capacities and lower power requirements to meet the needs of the new generation of battery operated devices and instruments AMONG THE MOST PROMISING of the new compact storage devices is the 3 Ya inch rigid Winchester microdisk which is already being used in such popular portable computers as Compaq's and It is also widely believed that IBM will use the 3 inch micro disk in its next generation of products More importantly the 3Ya inch Winchester microdisks directly threaten the full sized 5 inch Winchester rr isks of up to 20 million bytes (MB) in capacity not to mention any 5Yi inch floppy disk of the highest capacity existing The new as they are sometimes called are already seen as the industry standard for the next generation of single user stand alone personal and portable computers and instruments The more powerful multi user of fice systems and the 32 bit scientific and engi neering microcomputers will probably continue Supergrowth Technologies to use 5 inch minidisks because their capaci ties are now approaching 400 MB per unit But the mass market is expected to be literally taken over by the 3 inch microwinnies THE 312 INCH MICRODISK owes its existance to the new thin film plated data recording media which provide very high re cording densities This allows the encoding of much more information on the same surface area which results in smaller units with compa rable capacity There were also parallel devel opments in the thin film magnetic recording heads which can read larger areas on these disks and record more tracks Without these two technological advances in what is basically the physics and chemistry of magnetic coatings and materials the development of the 3 inch microdisks would not have been possible Whether this technology can evolve still further is not clear at this time But im provements such as integration of motors into rotating surfaces and faster access mechanisms are goals In the end of course the low capacity microdisks of all types may have to give way to much faster semiconductor memories as multimillion bit microchips come to market at competitive prices AS A RESULT the market for 3'z inch Winchester microdisks is growing by leaps and bounds rom a few thousand units in 1983 as many as 75000 sub SVi inch microdisks are expected to be shipped this year to eager customers and this may increase to 250000 units in 1985 Other industry estimates are even more optimistic predicting a veritable explo sion of sales to 870000 units in 1985 and 23 million in 1986 Without question by the end of next year 40 to 50 of all minidisks sold with memory capacities of less than 30 MB will be SYz inch microwinnies Rodime pic a Scottish company is current ly the leading supplier of 3Vz inch Winchester microdisk drives in the 6 MB to 13 MB capacity range The revenues increased by 366 to $28 million in 1983 and are expected to grow by another 200 to about $85 million in the 1984 fiscal year which ends in September The company raised more than $20 million in April in a secondary offering co managed by Goldman Sachs and AG Becker Paribas A good part of this financing is being used to expand the firm's Boca Raton manufac turing site in lorida to make sure it can be close to the American markets where the demand for the 3Vz inch is now the greatest ON THE OTHER HAND LaPine Technology is a brand new venture dedicated exclusively to the development of 3Yz inch Winchester microdisks Moreover the company is bringing out its first product in the 10 MB capacity range and is already working on 20 MB and 30 MB microwinnies for future sale It has raised $315 million through a limited part nership of 61 investors including venture capi tal firms Allen Partners Crosspoint Ventures and Kanto Denshi of Japan Microcomputer Memories which was orig inally known as Ardvark Disk is another new venture that is close to production of 5 MB and 10 MB 3Yz inch micordisks But it is also even tually planning to move into higher capacity markets with 25 MB and 50 MB units This is the most ambitious objective set so far among the microdisk producers and no one knows whether such high capacity microdisks will be practical or reliable The company bootstrapped itself into business with $500000 in loans and later raised $55 million in capital in a recent public offering underwritten by Muller Co THESE MICROWINNIE PIONEERS are working hard to grab a market share in this explosive arena before more established 5Vi inch manufacturers enter the fray in force Several of those in the wings include Control Data Microscience International Miniscribe Seagate and Tandon all with 3Yz inch Win chester microdisk products in various stages of development This development process is not as easy as one might think Control Data which was among the first to offer a 3Yz inch micro disk last year withdrew its 5 MB Cricket unit and is reportedly working on 10 MB and20 MB models to beat the emerging competition And then there are the ever present Japa nese who can become a major force in the microwinnie stakes since it was they who pioneered the 3Vz inch microfloppies that set the standards for this emerging technology In fact the Japanese also already have a 3 inch miniature disk drive in use throughout Japan If this is the shape of things today we can only expect a 2 inch sub micro tomorrow from an other venture that is as yet unidentified Bohdan Szuprowicz is president of 21st Century Research 8200 Kennedy Blvd East North Bergen NJ a high technology market research firm that publishes the growth Technology newsletter Investors follow any advice at their own risk Authorized Dealer I.