Not yet a great store of wealth
Article Abstract:
Stordata Solutions is a storage specialist which has seen a rise in its stock prices following an optimistic trading statement, though the company still forecasts a loss for 1999. Cost cutting has meant that losses have fallen. Stordata could achieve a profit by focusing on the Internet, and is to be called Primar-e, in order to highlight Primary Storage, a key division. Stordata is undergoing an improvement, but it is unclear how long this will persist.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 1999
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Looking a bit brighter
Article Abstract:
Stordata Solutions has sold its car alarm business and is able to develop higher-margin activities. The company has two businesses, Primary Networks and Primary Storage, both of which are growing strongly in 1998. A supplier of high-end network storage products, Mosaic, was acquired in May 1998. Stordata's profit is forecast at 509,000 pounds sterling for 1998. The company is of interest to investors, though it represents a speculative investment.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 1998
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Microgen
Article Abstract:
Microgen is a provider of information management services and is moving into document handling and electronic printing from computer data storage. The company's training manual activities have become profitable in the UK. The company is developing invoicing as a new niche and can save companies with many customers large amounts of money. The company's profit is forecast at nine million pounds sterling for Oct 1995 to Oct 1996 by Kleinwort Benson.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 1996
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