Thinking Machines has thought of a bargain - a massively parallel supercomputer priced below $1 million.

Cray has announced plans to developed its own massively parallel supercomputer to be introduced sometime in 1993 or 1994.

In 1990, Thinking Machines was the market leader in parallel supercomputers, with sales of about $65 million.

Such systems, which would require computers with the power of parallel supercomputers and huge arrays of disks, are only now being developed.

Companies, banks included, are reluctant to switch to massively parallel supercomputers because of a lack of industry standards.

For example, massively parallel supercomputers have turned out to be ideal for searching huge volumes of text.

There, his access to massively parallel supercomputers enabled him to work on new methods for information retrieval involving comparisons to large amounts of data.

It was designed to run on high-performance parallel supercomputers as well as conventional workstation clusters.

Japanese computer makers are turning to scientists overseas to help them develop software and applications for massively parallel supercomputers.

The resulting machine was intended to be similar to so-called massively parallel supercomputers that are used by scientific laboratories and corporate researchers.