Psion targets nascent market for wireless LANs

Article Abstract:

Psion PLC seeks to increase investors after its acquisition of Teklogix and its foray into the new market of wireless local area networks (LANs).

Telephone and telegraph apparatus, Canada, Telephone Apparatus Manufacturing, Financial management, Local Area Network Equip, Wireless communications, Wireless communication systems, Laptop computers, Portable computers, Local area networks, Teklogix International Inc.

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Shares of Psion tumble by 11% on profit warning. (United Kingdom's handheld computer giant Psion PLC)

Article Abstract:

United Kingdom's handheld computer giant Psion PLC's stock price goes down by 11%, following announcement that it may not be profitable in 1999, due to weak demand for the PC Card modem of Psion Dacom, its data communications company.

Comment:

United Kingdom' s handheld computer giant Psion PLC's stock price drop by 11%.

Electronic Computer Manufacturing, Financial analysis, Point-of-Sale Systems, Handheld data devices, Automatic banking equipment industry, Point of sale systems

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Computacenter reports 37% rise in pretax profit

Article Abstract:

Computacenter PLC posted a 37% improvement in its pretax profits for the 1998 year. The improvement was higher-than-expected. The company's profit rise was attributed to its shift to the information-technology services industry. The shift is expected to offset the slower sales improvement in Computacenter's hardware-distribution market for the 1999 year. The 1998 year represented Computacenter'' 16th straight year of revenue and profit improvements.

Comment:

Posts 37% improvement in pretax profits for 1998 year

Sales, profits & dividends, Computer and Computer Peripheral Equipment and Software Wholesalers, Computers, peripherals & software, Computers Wholesale, Wholesale industry, Wholesale trade, Abstract, Computer wholesalers, Computacenter PLC

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