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Technology Stocks : LHSP: Lernout En Hauspie

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To: Dr. Bob who wrote (371)11/24/1997 7:05:00 AM
From: Dr. Bob  Read Replies (1) of 2467
 
Wall Streeet Journal Interactive reports that LHSPF will buy two European translation firms for $11.3 million, and has an option on a third. They expect these acquisitions to be neutral to revenues in the first half of '98, and accretive in the second half.

Looks like the only thing which could put a crimp in '98 earnings estimates is a delay in the release of the Next Windows and NT upgrades.

Bob
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