¢ATARI 8-BIT NEWS¢by Stuart Murray¢¢¢* ATARI CORPORATION FINANCIAL RESULTS¢¢ Happy days or doom & gloom? Reading Atari's financial reports can be like riding a roller-coaster. Sky high one year and dooooowwwwwnnnn the next! Anyway, the results for the 2nd Quarter of 1994 (April to June) make interesting reading.¢¢ Net sales for this Quarter were $8.2M. Sounds impressive? Hmm. Well, when you take into consideration overhead expenses (development, advertising, etc.) Atari made a loss of $3.9M. Ahh, that's better. Nothing like familiar surroundings!¢¢ When compared to the same period last year, the figures make better reading. Last year, net sales for the 2nd Quarter were $5.7M. There was an operating loss of $4.0M. In other words, Atari has improved its overall financial performance whilst at the same time operated large development costs (the Jaguar).¢¢ The predicted loss for 1994 is about $8M. This is half the loss of the previous year and things are looking up. Sega's recent investment in Atari shares will boost the recovery. In fact, as news of the investment broke, Atari share prices increased by over 20%.¢¢ It is obvious that much hangs on future Jaguar sales and support from software developers. If the Jaguar goes the way of the Lynx there could be stormy waters ahead. Keep your fingers crossed (just like a top Atari Corp. executive).¢¢¢* TEXTPRO 5.20X¢¢ Yes, the new versions just keep on coming! Textpro has evolved into a superb wordprocessor and with each new version it becomes even more powerful.¢¢ Ronnie Riche, author of Textpro, has recently released version 5.20X. It is shareware with two packages available. The full package, including the source code is priced at $40. However, if you're not bothered about the source code, you can get Textpro 5.20X from Ronnie for $15.¢¢ You can register with Ronnie at:¢¢1700 Aycock Street,¢Arabie,¢LA 70032,¢USA.¢¢¢¢That's all the news for now!¢
