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October 14, 1997updated 03 Sep 2016 12:55pm


By CBR Staff Writer

Deeply troubled search engine tools company Fulcrum Technologies Inc warns that it expects to report third quarter figures way below expectations, with revenues of about $7.4m and operating losses of about $8m or $0.52 per share before restructuring costs. As a result 20% of its staff are to go now, with more reductions expected to follow. The few analysts still watching the company expected net losses of $0.01 per share. Cash flow is the main result of the troubles and the 14 year-old Ottawa-based company is in talks with its bankers to try and figure out what can be done. Fulcrum expects to report full results on November

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