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November 18, 1993

EGGHEAD SOFTWARE WARN OF REDUCED MARGINS

By CBR Staff Writer

Issaquah, Washington-based Egghead Software Inc warns that margins will continue to be lower than last year for the remainder of this fiscal year – gross margin as a percentage of sales was 13.4% in the second quarter of fiscal 1994, compared with 14.3% in the second quarter last year, because it had to lower its prices to retail, corporate, government and education to improve its competitive position.

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