Mellon Bank has more computer equipment from Wang Laboratories Inc. than most banks. As a result, it is keeping a close eye on the fate of the Lowell, Mass.-based company, which filed for protection under the bankcruptcy laws this week.

Wang's bankcruptcy may be inconvenient for Mellon, but it does not come as a major blow. It and other major banks had invested millions in Wang equipment for office automation and imaging but had begun to phase it out during the company's protracted financial problems.

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