Clearer picture

Article Abstract:

Norbain is the biggest European distributor of equipment for closed circuit television and had 12% of sales going to Dedicated Micros until it ceased to use Norbain in Jan 1997. This led to a drop in Norbain's stock price which were down 60% by Jul 1997 though they have since recovered somewaht. The company has good prospects in an expanding United Kingdom market and should maintain its rate of growth. The company has also entered the growing S African market.

Electronic parts and equipment, Electronic Parts Wholesale, Other Electronic Parts and Equipment Wholesalers, Management, Wholesale industry, Wholesale trade, Electronics wholesalers, Television equipment industry, Norbain Electronics PLC

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Beyond the Berlin wall

Article Abstract:

Central and eastern European funds have not performed well, and the problem could lie in investment opportunities in the region rather than in the fund managers. Funds were launched at the peak of a cycle and have since been affected by a drop in investment after interest rates rose and US funds returned to the US. The economies appear to have good potential for growth but pessimists argue that damage to these economies will take a long time to remedy.

Investment Companies, Open-End Investment Funds, Economic aspects, Eastern Europe, Mutual funds

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