C-Cube Message Board - Msg: 11285128

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Technology Stocks : C-Cube

CUBE 36.62

-0.1%

Nov 14 9:30 AM EST

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To: DiViT who wrote (44956)	9/17/1999 3:54:00 PM
From: John Rieman	Read Replies (1) of 50808

Not a translation, but Tandberg is running out of cash........................ infoseek.go.com Tandberg Data fell 8.2 crowns to 23.8 after the company forecast a third quarter pre-tax loss of 7.0 million crowns, saying that turnover was lower than the market was expecting. It said a worsening in the U.S. market was partly to blame. It also said it was laying off 28 workers. Analysts expressed dismay at the profit warning -- just four weeks after the company presented first half results -- and said that it would bring pressure for changes in management. ``In four weeks they discover that the money is running out. This is scandalous,' one said. Banking shares were underpinned

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