<http://www.onbusiness.ie/2003/0916/mibusiness.html>
OnBusiness š Tues, Sept 16, 2003 BALTIMORE BREAK-UP TO CONTINUE - Baltimore Technologies has reported sharply lower first-half pre-tax losses of £9m, compared with £43m in the same period last year. Losses before exceptional items were slashed from £9.9m to £2.2m. Total revenues dropped from £22.1m to £9.7m, while sales from continuing businesses fell from £13.2m to £9.3m. The company had cash balances of £14.6m at the end of the period, but expects a further £15.9m from a series of disposals. Staff levels at Baltimore have been cut from 422 to 255 in the period and the company says this process will continue. -- ----------------- R. A. Hettinga <mailto: [EMAIL PROTECTED]> The Internet Bearer Underwriting Corporation <http://www.ibuc.com/> 44 Farquhar Street, Boston, MA 02131 USA "... however it may deserve respect for its usefulness and antiquity, [predicting the end of the world] has not been found agreeable to experience." -- Edward Gibbon, 'Decline and Fall of the Roman Empire' --------------------------------------------------------------------- The Cryptography Mailing List Unsubscribe by sending "unsubscribe cryptography" to [EMAIL PROTECTED]