Shares in MSW Technology Plc, the loss-making London-based software company and consultancy, plunged 30% to 84 pence yesterday after it warned that it will report a loss of about 1.6m pounds ($2.5m) for the year to May 31. The company blamed the poor showing on contracts that have not been finalized and said its sales director has been replaced. MSW floated on the London stock market in 1998 (CI No 3,533) and is best known for its MAPS software, which provides a database for personnel records with the ability to plan current and future staffing needs, organizational structure and cost changes.
