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Technology Stocks : DSC Communications -- Ignore unavailable to you. Want to Upgrade?


To: Yeadon who wrote (3540)2/3/1998 6:35:00 AM
From: larry pollock  Read Replies (2) | Respond to of 4429
 
Relative to your first quarter 1998 concerns, the first quarter of 1997 was weak, and was below expectations. At that time, DSC's chairman observed that the first quarter is typically weak. However, I personally think that he ran out of excuses. Check out DSC's web-site and view the exact wording of the first quarter 1997 earnings report.

Concerning NKT, the Danish unit, during the conference call it was stated that the break-even point is now pushed-out until the second half of 1998. The Danish unit, currently accounting for just under 10% of consolidated still makes no money. Something is drastically wrong.