The 6600 was three times faster than the previous record-holder, the IBM 7030 Stretch; this alarmed IBM. Then-CEO Thomas Watson Jr. wrote a memo to his employees: "Last week, Control Data ... announced the 6600 system. I understand that in the laboratory developing the system there are only 34 people including the janitor. Of these, 14 are engineers and 4 are programmers ... Contrasting this modest effort with our vast development activities, I fail to understand why we have lost our industry leadership position by letting someone else offer the world's most powerful computer." Cray's reply was sardonic: "It seems like Mr. Watson has answered his own question."