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Short Take: Scientific-Atlanta earnings on target

Scientific-Atlanta reported that sales and earnings for the first quarter of fiscal year 1999, which ended September 25, were consistent with the company's projections. Sales for the quarter were $257.5 million, compared to the prior year's first quarter sales of $294.5 million, a decline of 13 percent. Earnings were $2.4 million, or $0.03 per share.

Scientific-Atlanta reported that sales and earnings for the first quarter of fiscal year 1999, which ended September 25, were consistent with the company's projections. Sales for the quarter were $257.5 million, compared to the prior year's first quarter sales of $294.5 million, a decline of 13 percent. Earnings were $2.4 million, or $0.03 per share.