One company not getting favourable reviews is internet security firm Baltimore Technologies. Baltimore's troubles are well documented and this week it announced the appointment of a new chief executive alongside a trading statement that does little to inspire. The company now sees third-quarter revenues falling to £15 million sterling, a fall on the already poor second-quarter figure of £16.5 million sterling. Goodbody, which has labelled the company a sell, says the figures indicate a further deterioration in trading conditions and points out the latest outlook is worse than its £16.6 million sterling projection for the troubled firm. Cash reserves have also fallen faster than expected to £32.4 million sterling from £53.8 million. While Goodbody says the difficulty in generating sales in the internal and external environment is hardly surprising, it sees the latest figures, together with the departure of interim chief executive Paul Sanders, as ominous in the company's battle for survival.