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Technology Stocks : Splash Technology SPLH up$3 -- Ignore unavailable to you. Want to Upgrade?

To: ken Su who wrote (206)	1/13/1998 9:23:00 PM
From: ftmp	Respond to of 267

SUNNYVALE, Calif., Jan. 13 (Reuters) - Splash Technology Holdings Inc on Tuesday said it sees a slowdown in the company's growth as it enters 1998. "Some of the dynamics in our market are combining to indicate slower growth for 1998 than we have seen in 1997," Chief Executive Officer Kevin Macgillivray, said in a statement. Earlier, Splash reported an operating profit of $0.29 a share on sales of $22.2 million versus a profit of $0.29 a share on sales of $15.3 million one year ago. Including a $26.9 million charge, Splash reported a net loss of $1.65 a share in the December quarter. The December quarter's share profit was based on 14.2 million shares outstanding versus 12.1 million one year ago. The Dec. quarter also was a stub quarter as the company is changing its accounting to a calendar year basis. Macgillivray said Splash is seeing buying patterns change with ome of its original equipment manufacturer partners. Splash also expects quarterly revenue patterns to shift during 1998 with March being the weakest quarter. Finally, he said Splash will continue to invest heavily in product and market development for 1998, 1999 and beyond. Splash, based in Sunnyvale, Calif., develops and makes computer servers that link between desktop PCs and digital color laser printers for high-speed, high-quality color printing.