Investing in the future

Article Abstract:

Pegasus is a computer software company specializing in products for accounting. The company reported a drop in profit for 1998 due to increased investment in research and development. There are new products emerging, and Pegasus has a strong balance sheet. The company's stock price has fallen as a result of a warning about the effects of increased research spending on profits. This research should bring long-term benefits, while spending on research is likely to fall in 2000.

Pegasus Group PLC

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Division: a new dawn

Article Abstract:

Division saw a rise in its share price following its flotation in 1993, but the price later fell. The company has developed software that allows virtual reality models to be created from computer-aided designs. A graphics chip project has been sold to Hewlett Packard which had helped with its development. The company is forecast to make a small loss excluding disposals for 1995 to 1006 and a profit for 1996 to 1997 according to Albert E Sharp.

Division Ltd.

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Delcam

Article Abstract:

Delcam should be able to grow in the Far East and US and is improving and widening its product base. The company faces strong competition.

Delcam International PLC

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