Pinnacle Micro's Apex read/writeable optical drive is overdue.
4.6 gig removable media for $1699. (I think). Problem is
they have been delayed in shipping these and their stock price
reflects that (and the fact that their accountants resigned).
Their cash flow will really be suffering if these drives don't
get out in the public soon.
Question is ... have they started shipping the drives and how are
they being received. They also introduced the Vertex drive as a
cheaper scaled down drive. Are they selling well? They have
engaged a new acctg firm so hopefully that issue is past. |
