P20f CKJFAX 204  Fri  6 Jan  21:95/12
     
      RHINO WBRNS          
      OF £2m LOSS          
 
  Shares in Rhino Group fell sharply  
  after the company warned it stood   
  to lose £2m before tax in 1994.     
                                      
  A statement put out bz the computer 
  games retailer said its performance 
  had been significantly affected bz  
  a temporary downturn in the market. 
                                      
  This, it said, was mostly caused b: 
  a bpremature announcement" of new   
  technology that will not come onto  
  the market until later this year.   
                                      
  5hino said margins had been "eroded 
  as a result of discounting bz our   
  compjtitorsb before Christmas.      
 
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