Any opinions on Screen.

Spread has narrowed - so I took the plunge @7.5p

V.Speculative! Probably end in tears...

Jam today for you Hk :-))

Cheers Iain,

All trades at the mo are long. Was on Croc's course in April and am slowly getting to grips with the shorting concept.... my full time job gets in the way somewhat.

I have access to the traders thread, but I just read/follow at the mo! Don't understand half of it.

Eventually it sinks in. Im still waiting :-)
Also dont be afraid to Introduce youself and ask questions,they are a friendly bunch on the Traders Thread.
Best of luck.
Iain

I hate to say "I told you so", but...

"RNS Number:4952S
Screen PLC
26 November 2003


Screen plc ("the Company")

Trading Update


In the interim statement issued on 23 September 2003, the Board indicated that,
because of revenue slippages that the Company was experiencing, it would make an
operating loss in the second half. Our expectation had been that such loss
would be a significant reduction from the loss incurred in the first half.

The Board now expects that the loss in the second half will be of a similar
magnitude to that experienced in the first half. This deterioration in
profitability has occurred in two areas of the Group. Firstly, there has been
a further slippage of revenues at Joyce-Loebl in its rail transport division.
As reported at the interim stage, Joyce-Loebl has not been able to isolate
itself from the difficulties in the rail transport industry, which have been
fully reported in the press.

Secondly, the level of investment required at Petards Vision to bring to market
the latest version of its Advantage Security & Surveillance Command & Control
software is proving greater than expected. Advantage software integrates and
automates critical security and surveillance functions, resulting in earlier
identification of threats and automated real-time notification of the
appropriate security personnel. The Board is confident that the market for this
product continues to grow. The roll-out for the product is now expected to take
place in the first half of 2004.

In response to the reduced profitability, the Board has decided to take certain
actions to streamline the management structure and reduce costs.

Adrian Merryman, Chief Executive, will step down with immediate effect. Adrian
Merryman became Chief Executive in December 2002 at the time of the Company's
re-admission to AIM. We are fortunate to have benefited from his experience
during a very difficult period for the Company and are grateful for his
contribution throughout. Tim Wightman, currently non-executive chairman, will
become Executive Chairman.

During the forthcoming months the Board will continue to pursue strategies aimed
at achieving greater focus and critical mass.

26 November 2003"