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December 28, 2000 | Bloomberg News
Concurrent Computer Corp. shares fell 50% after the company said fiscal second-quarter results will miss forecasts because a cable-television operator delayed an order for video-on-demand software. Concurrent said it expects a loss of 7 cents to 8 cents a share in the quarter ending Monday, much larger than the 4-cent loss previously forecast. It expects sales of $13.8 million to $14.2 million, less than its previous estimate of $18 million to $18.9 million.
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BUSINESS
December 28, 2000 | Bloomberg News
Concurrent Computer Corp. shares fell 50% after the company said fiscal second-quarter results will miss forecasts because a cable-television operator delayed an order for video-on-demand software. Concurrent said it expects a loss of 7 cents to 8 cents a share in the quarter ending Monday, much larger than the 4-cent loss previously forecast. It expects sales of $13.8 million to $14.2 million, less than its previous estimate of $18 million to $18.9 million.
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BUSINESS
February 20, 2004 | Jon Healey, Times Staff Writer
The Comcast Corp. bid for Walt Disney Co. could help determine whether the living room of the near future looks more like Lydia Woods' in Maryland or Kenneth Crudup's in Los Angeles. Both are Comcast subscribers who use new technology to take control of the television schedule, letting them watch what they want when they want.
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