Psion
Article Abstract:
Psion saw a rise in its share price of 2% following the announcement of the company's results for 1st half 1996 and this has helped counteract the impact of talks for a failed merger with Amstrad. Psion faces the challenge of updating technology and the proposed Amstrad deal was attractive in that mobile communications technology could be obtained from an Amstrad subsidiary. The company can increase investment in research and set up partnerships in order to keep abreast of technology changes, but such plans have yet to materialize.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 1996
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Psion
Article Abstract:
Psion saw a 6% rise in its share price following good results for 1995. The company's capital expenditure was 7.38 million pounds sterling for 1995, but cash balances rose by 7.74 million pounds. The company's Series 3 organizer saw a 48% rise in sales, handheld terminal sales were up by 7%, modem cards were up by 100%, and sales of rugged handheld computers also performed well. The company's profit is forecast at 15.4 million pounds for 1996 by Merrill Lynch.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 1996
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Psion
Article Abstract:
Psion should benefit from the flotation of Symbian, in which it holds a 28% stake. The company could face increased competition, though interim results from core operations are strong.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 2000
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