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Article: IN FOCUS SYSTEMS(R) RESPONDS TO RECENT STOCK PRICE VOLATILITY REGARDING NEW COMPETITION AND CONCERNS OVER SECOND QUARTER RESULTS
- Article from:
- PR Newswire
- Article date:
- June 18, 1996
CopyrightCOPYRIGHT 1996 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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WILSONVILLE, Ore., June 18 /PRNewswire/ -- In Focus Systems, Inc. (Nasdaq: INFS) today, in response to recent volatility in its stock price, provided a summary review of the implications of new competitive products shown at INFOCOMM along with an update regarding concerns over second quarter results.
"As expected, a number of new products from various competitors were on display at INFOCOMM, the industry's largest annual audio visual trade show, held in Philadelphia last week," said John Harker, Chairman, President and CEO of In Focus Systems.
"Our newly released products compared very well against the competition, in particular the LitePro(R) 210 as the best ...