Her father is a vice president of Honeywell Bull, a computer manufacturing and marketing company in Minneapolis.

Mr. Stern readily acknowledges that Honeywell Bull has its problems, including a dispirited marketing staff.

For that reason, Honeywell Bull needs to be a strong marketer - a talent it has lacked.

And Honeywell Bull gave Honeywell $350 million in the form of a negotiated loan.

Now Mr. Stern hopes he can make a respectable profit on his investment in Honeywell Bull.

Honeywell Bull will cut its U.S. work force by 15 percent, or 1,600 employees, in the next two months.

Honeywell Bull will eliminate 1,600 staff positions, about 8 percent of its staff, as part of a major restructuring.

Honeywell Bull said about 900 employees were eligible for its retirement program.

Honeywell Bull manufactures desktop and mainframe computers.

Honeywell Bull said the staff reductions would be completed by the middle of March.