Xylogics, Inc
Article Abstract:
Xylogics Inc's $122,000 profit on sales of $7.3 million for the Jan 1992 fiscal 1st qtr ended its five-quarter string of losses. The company manufactures systems integrators, intelligent high-performance computer peripheral and communications controllers. Pres and CEO Bruce Bergman attributes the company's turnaround to the market's favorable acceptance of its networking products and the introduction of its Micro Annex line of communications servers. Company VP Bernard D. Olmstead purchased 35,000 Xylogics stocks in Feb and Mar 1992 at 9 3/8-9 1/2.
Publication Name: The Insiders' Chronicle
Subject: Business
ISSN: 0162-5152
Year: 1992
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Radius Inc
Article Abstract:
Radius Inc has not fully recovered from the 40% price decline caused by its statement that earnings for fiscal 4th qtr Sep 1992 would be significantly lower than FY 1991's 13 cents per share. The decline was also aggravated by the resignation of Pres and CEO Barry Folsom. Gruber and McBaine Capital Mangement, however, acquired 540,000 shares between Jul 13, 1992 and Sep 15, 1992, raising its holdings to 1.2 million shares. Analyst Ben Huston remains bullish about the stock while Bruce Lupatkin has a more guarded outlook.
Publication Name: The Insiders' Chronicle
Subject: Business
ISSN: 0162-5152
Year: 1992
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Lotus Development Corp
Article Abstract:
The $100 price reduction in Lotus' 1-2-3 Windows spreadsheets is seen as a sign of the problems facing the company. Analysts believe that the major share of Lotus in the spreadsheet business is threatened by the introduction of Microsoft's Excel which is compatible with Apple's Macintosh computers. Lotus' lead in the spreadsheet business continues but its market share is projected to fall to 46% with Microsoft gaining a 43% share.
Publication Name: The Insiders' Chronicle
Subject: Business
ISSN: 0162-5152
Year: 1992
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