Short Take: Digital Link falls on profit warning

Shares of Digital Link were down more than 14 percent after the maker of high-speed digital access products warned that it expects to report a second-quarter loss of between 14 cents a share and 16 cents a share. Analysts had expected profits of 3 cents a share, according to First Call. The company said sales were hurt by weak demand from MCI and other domestic carrier customers.

June 17, 1998 1:05 p.m. PT

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Shares of were down more than 14 percent after the maker of high-speed digital access products warned that it expects to report a second-quarter loss of between 14 cents a share and 16 cents a share. Analysts had expected profits of 3 cents a share, according to First Call. The company said sales were hurt by weak demand from MCI and other domestic carrier customers.