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Technology Stocks : MDSIF (formerly MDSI) Mobile Data

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To: James Hutton who wrote (100)9/10/1997 6:52:00 PM
From: S.Picker   of 226
 
Sorry not to get back but I have been away. The company has now announced that they are taking a charge to write off the unprofitable contract with a cab company in London. Apparently this was signed before the new management came into the company and the terms were not great...This should make it easier for them to post good numbers from here on but I reckon the stock should readjust first. I shall wait for the conference call to clarify the outlook.
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