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Technology Stocks : Quarterdeck: Making a Striking Comeback!

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To: Jesse Livermore who wrote (2526)3/31/1998 8:31:00 AM
From: E. Taylor  Read Replies (2) of 3307
 
March 31, 1998 08:13 AM

MARINA DEL REY, Calif.--(BUSINESS WIRE)--March 31, 1998-- Quarterdeck Corporation QDEK today announced that it expects that net revenues for the quarter ending March 31, 1998, will be approximately 20-25% less than net revenues for the December quarter, resulting in an expected operating loss of several million dollars for the quarter.

The revenue shortfall and associated loss reflect price pressures in the US retail market, the transition of telesales operations to an outsourcer, slowly ramping sales of certain new products, and deferred shipment of the newest products into international markets. The Company said it expects substantial revenue contributions from these new products going forward but would also be reducing run-rate operating costs.
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