Stock Watch: Aladdin Falls on Predicted Q3 Loss

Aladdin Knowledge Systems (Nasdaq: ALDN) fell 2 15/16 to 7 15/16 Wednesday after the Internet security company said third quarter results will be lower than previously thought.

The company expects a loss of about $1.5 million for the quarter, due to lower sales, delayed product launches and a weak euro.

Aladdin makes the HASP and Hardlock security systems, as well as the eSafe antivirus and content filtering software line. The company’s products are distributed in more than 100 countries through a network of 50 distributors.

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