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August 14, 1988

TELEVIDEO EXPECTS LOSS FOR ITS FISCAL THIRD QUARTER

By CBR Staff Writer

TeleVideo Systems Inc warns that component shortages and engineering delays on its late-model 80386 and 80286 personal computers will lead to it reporting a loss for its fiscal third quarter to July 29 of between $9.5m and $10.5m on turnover of $23m: the company lost $2.5m on sales of $19m this time last year.

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