THE VIRGINIAN-PILOT Copyright (c) 1995, Landmark Communications, Inc. DATE: Wednesday, April 12, 1995 TAG: 9504120527 SECTION: BUSINESS PAGE: D1 EDITION: FINAL TYPE: Daily Digest LENGTH: Short : 22 lines
Shares of Newport News-based nView Corp. fell 13 percent after the company said production problems will result in a first quarter loss. nView, which makes LCD projectors used in business presentations, said it was not able to meet all of its booked orders because of lower-than-planned production of its new nFinity projector and a shortage of an unspecified component. Given the lower revenue and higher production and marketing costs, the company expects to post an unspecified loss for the quarter, nView said. (Bloomberg Business News) by CNB