It wasn't the technical side that caused the schedule slips. It was constant competition with other aspects of the business, especially the VAX lineup. The VAX 9000 in particular was a $3 billion money pit that didn't make back even 25% of it's development costs and was repeatedly chosen over development of prism and later alpha. Even when it came down to the embarrassingly fast NVAX chip vs the even faster Alhpa, DEC still couldn't get the story straight and lost valuable VAX customers when they could have offered a faster VAX and an upgrade path to Alpha.
chasil|2 years ago
DEC should have bought MIPS, and ported VMS to it.
Had they made that decision, they might still exist.