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Technology Stocks : Ampex Corp.
AMPX 13.44+9.4%10:59 AM EDT

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From: chriscraft3/1/2009 10:56:31 PM
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We all know the market is getting destroyed but this sounds very familiar.......Sports equipment maker Nautilus Inc. said Tuesday it will postpone its conference call with investors and analysts until March 10. The news caused a drop in the company’s share price in trading.

The Vancouver, Wash., company originally planned to hold the conference call on Wednesday, after it announces its fourth-quarter and fiscal 2008 results. Nautilus officials said in a statement they needed the delay “to allow additional time to complete the few remaining items in connection with the 2008 audit, the most significant of which is a review of the carrying value of the company’s goodwill and other intangible assets. During the call the company will also discuss the strategy for its direct-to-consumer business.”

Shares in Nautilus (NYSE: NLS) plummeted more than 26 percent in Tuesday trading, falling 24 cents to close at 67 cents.
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