LOTUS DEVELOPMENT ESTIMATED TO DO 37 TO 41 CENTS A SHARE IN CURRENT QUARTER

Lotus Development Corp is comfortable with analysts’ estimates that it will do 37 to 41 cents a share in the current quarter to end-June, which would represent a modest increase on the 36 cents a share it did for the same quarter last year: the company also says that it is looking to round out its portfolio with acquisitions of small software companies specialising in Apple Mac applications and word processing.

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