Meantime Wangtek’s sister company in the group, Rexon Business Machines Inc, which looks as if it is on its way to Alpha Microsystems Inc (CI No 1,121), is forecast to lose $700,000 on sales of about $10m this year; in its fiscal first quarter, it recorded an operating loss of $150,000 on sales of $2.7m.
REXON BUSINESS MACHINES HAS FISCAL FIRST QUARTER OPERATING LOSS OF $150,000
