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Technology Stocks : C-Cube -- Ignore unavailable to you. Want to Upgrade?


To: DiViT who wrote (44956)9/17/1999 2:22:00 PM
From: Black-Scholes  Read Replies (2) | Respond to of 50808
 
Aktører i markedet har spekulert i at Tandberg Television skal være i forhandlinger med
finske Teleste eller amerikanske DiviCom , en del av børsnoterte C Cube . Reuters har
ikke fått bekreftet eller avkreftet noen av disse andre ryktene.

I don't speak Norwegian (not fluently) but do you guys see what I see.



To: DiViT who wrote (44956)9/17/1999 3:54:00 PM
From: John Rieman  Read Replies (1) | Respond to of 50808
 
Not a translation, but Tandberg is running out of cash........................

infoseek.go.com

Tandberg Data fell 8.2 crowns to 23.8 after the company forecast a third quarter pre-tax loss of 7.0 million crowns, saying that turnover was lower than the market was expecting. It said a worsening in the U.S. market was partly to blame.

It also said it was laying off 28 workers.

Analysts expressed dismay at the profit warning -- just four weeks after the company presented first half results -- and said that it would bring pressure for changes in management.

``In four weeks they discover that the money is running out. This is scandalous,' one said.

Banking shares were underpinned