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

To: John Rieman who wrote (36814)	10/21/1998 12:58:00 PM
From: DiViT	Read Replies (1) \| Respond to of 50808

"Shinco doesn't make VCD players anymore" - explains this... biz.yahoo.com ESS continues to eye profits by year end FREMONT, Calif., Oct. 20 (Reuters) - ESS Technology, a supplier of audio, modem and digital video products for computers and other markets, on Tuesday said it continues to project a return to profits by the end of the year. ''We continue to target a return to profitability by the end of this year,'' Chairman Fred Chan said in a statement. Earlier, ESS reported a third quarter net loss of $0.18 a share on sales of $52.3 million, versus a profit of $0.04 a share on sales of $52.2 million in last year's third quarter. ESS attributed the greater than anticipated third quarter loss to non-cash adjustments for declining inventory value and a one-time charge associated with previous acquisitions.