Conner Peripherals Inc warns that it expects results for the current quarter to be below analysts forecasts of break-even to earnings per share of $0.35: it says that while the effects of potential non-recurring items may enable it to report net profit for the quarter, results from on-going operations are expected to reflect a modest net loss, reflecting a sizable return of tape and disk products from a major customer, most of which have been re-sold but at lower prices; other problems include delays in the launch and market development for these products, which impaced shipments anticipated for the quarter.
