The British company Pace Micro Technology (specializing in the production of set-top box) has cut a third time in six months on sales forecasts for the fiscal year 2001-02. Sales are now expected to 350 million pounds, substantially lower than previously estimated. The company was specially affected by the turmoil in the television market, where companies such as NTL are burdened by high debt. The title Pace Micro, traded to the London Stock Exchange, changing hands at this moment to 136.75 pence (-55%).