A new low of 117 cps was reached on 15 Feb 01 following news of increased losses at subsidiary SVI. The ailing US company posted lower sales and an increase in loss per share to US$0.17 in the third quarter from US$0.06 in the prior year. Analysts agree that the group's core accounting business is sound but that said that the recent resignation of Pastel Software founder Ivan Ferrer was an additional blow to the company.
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