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Technology Stocks : NCDI - Network Computing Devices

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To: Mark Orsi who wrote (4013)12/17/1998 8:27:00 PM
From: Jim Croci  Read Replies (1) of 4453
 
NETWORK COMPUTING DEVICES said Thursday it expects a 4Q loss
exceeding its 3Q loss of $2.2 mln, or $0.14 per share. The company said the
widening loss will be primarily due to weaker-than-expected sales of third-party
software. Network Computing said the decline in these sales will only be partially
offset by an expected doubling of revenue from sales of its new products, including
Windows-based "thin terminals" -- which do not store software -- and related
Network Computing software. The company said it would take a "modest"
restructuring charge in the 4Q related to its previously announced acquisition of the
network displays division of TEKTRONIX , which is scheduled to be completed by
year-end. (Reuters 08:21 AM ET 12/17/98)


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