OTHER NEWS - Feb. 21, 1996
Times Staff and Wire Reports
Merisel Forecasts Wider Loss: The El Segundo-based operator of ComputerLand stores said it expects to post a fourth-quarter loss “significantly greater” than the 15 cents to 20 cents a share it forecast last month. The loss could put Merisel Inc. in technical default on certain loans, spokeswoman Susan Stillings said. Merisel is in talks with its lenders and expects to be able to negotiate waivers if needed. Merisel delayed until next month the release of its fourth-quarter results, which had been scheduled for Tuesday.
