Cannondale Had Another Loss-suffering Quarter

BETHEL/CN, USA (November 11) – Cannondale Corp. saw its net loss further widen to US$8.4 million or $1.11 per share in its first quarter 2003, which ended on September 28, 2002. One year earlier the US-bicycle and Powered Two-Wheeler (PTW) maker had US$4.1 million net loss. Operational loss doubled to US$6.8 million compared with US$3.1