“Third-quarter results were in line with those the company indicated in its recent announcement. As we announced, several market factors, including margin pressures on OEMs and the Asian economic situation, are continuing to affect our financial performance. This has led us to take a number of steps to reduce and control costs and better position the company for the future.”
“We are pleased with the company's progress in unlocking value for our shareholders. We believe that the value of ZDNet will be enhanced by its independent status, and are looking toward completing this transactional process before mid-year.”
