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November 23, 1993

RODIME REPORTS NET LOSSES

By CBR Staff Writer

Rodime Plc, which simply chases and collects money on its 3.5 disk drive patents – it is still suing Seagate Technology Inc, Maxtor Corp and Quantum Corp – reported a net loss for the year to September 30 of $2.5m, against $1.2m profit last time; the latter figure was after a $1.1m loss on discontinued operations and $666,000 of provisions.

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