Creative Computer fiscal results

greenspun.com : LUSENET : Grassroots Information Coordination Center (GICC) : One Thread

Steven M. Besbeck, President and CEO
stated, "As previously disclosed, the
Company experienced a decrease in orders
for its Clinical Information System
(CIS) products beginning in the fourth
calendar quarter of 1999. This was the
primary reason for the decrease in sales
and resulting loss. We believe that the
general decrease was attributable to post
Y2K capital spending suspensions whereby
most healthcare facilities focused on
addressing critical Y2K compliance issues
and suspended the acquisition of new systems
and technology.

AltaVista Live

-- spider (spider0@usa.net), July 20, 2000


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