Commenting on NMW Computers Plc’s figures – pre-tax profits down 24.2% at UKP24m, (see Company Results inside) chairman E B Bibby said that the company experienced unprecedented levels of market activity during the first half of the year, having geared itself to handle the exceptionally high volumes the company faced a reduction of more than half following Black Monday, hitting Timon Computers Ltd, its software subsidiary that specialises in investment management and market making products, particularly badly – resulting in a UKP700,000 loss for the software arm.
