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Strategies & Market Trends : Three Amigos Stock Thread
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To: Ken W who wrote (12235)1/3/1999 5:47:00 PM
From: Sergio H  Read Replies (1) of 29382
 
Ken, from the 10q:

As anticipated, combined sales of 18-track and 9-track products of $1.3 million in the 1999 first quarter declined by 53.3% from sales of $2.9 million in the fiscal 1998 first quarter. The Company has announced end-of-life on all 18-track products. End-of-life has also been announced on most 9-track products and the Company expects that its customers will continue to migrate to newer technologies and that, as a result, sales of 9-track products will continue to decline in future quarters.
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