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And it says the poor market conditions are far from over.
The firm's performance in 1998 was good, he said, given the poor market conditions.
But last week, citing poor market conditions, it dropped the plan.
The studio had a relatively poor marketing campaign for the picture.
"They made poor marketing and operating decisions that cost them a lot of money."
How sorry I am for the poor market people!
The new product met with a poor market response and has never made it beyond the prototype stage.
Because of that, brokers say, they pay top dollar in an otherwise poor market.
Funds have been under pressure this year because of generally poor market performance and increasing sales costs.
Swiss also said it was cutting options to 20 from 100 because of poor market conditions.
"But in a poor market, they have to reach out for other solutions and gimmicks."
We've seen a few weeks of poor markets and net redemptions.
The film however due to poor marketing and reception could not perform well at the box office.
Some analysts say sales would be stronger but for the poor marketing skills of a company run by scientists.
Both saw poor market breadth in the first year, and were followed by lackluster markets.
Despite these challenges, a growing number of businesses are operating successfully in poor markets.
A new technology in 1997 suffered from poor marketing and unattractive styling.
Experts attribute the high failure rate of new consulting practices to poor marketing.
This resulted in shoppers being angry and saying "Poor marketing.
Some poor marketing decisions and expensive projects contributed to substantial losses.
The big pharmaceutical companies defend their monopolies in even the poorest markets.
The combination of poor market share and sales has resulted in constantly decreasing stock prices.
In addition to poor marketing, the artist was possessive about his water-colours.
When cash levels were low - meaning fund managers had put all their investors' money into stocks - poor market performance often followed.
However, with rather poor marketing, Savoy faced a major financial slump, only three years after being formed.