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Technology Stocks : IVI Checkmate (CMIV)
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To: hsg who wrote (3593)6/25/2000 9:19:00 PM
From: hsg  Read Replies (1) of 3721
 
some UK company...

The Group's loss on ordinary activities before interest for the year was 29,000
pounds. The loss on ordinary activities before interest from acquired and
continuing activities was 373,000, pounds marginally better than our
expectations. The continuing GiroVend business achieved a broadly breakeven
result following a profitable second half. The overall loss includes substantial
investment in developing our internet strategy - which was the purpose of the
December 1999 and February 2000 fundraisings. The loss also includes a number of
exceptional profits and losses associated with compensation to former directors
and senior employees (164,000 pounds), the sale of our former offices in Slough
and the move to our new, larger, premises in Loudwater (209,000 pounds net
profit on disposal). We have also been able to sell two tranches of our
investment in IVI Checkmate Corp at a profit of 85,000 pounds.
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