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Technology Stocks : Diamond Multimedia

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To: The Duke of URLĀ© who wrote (4506)6/24/1999 12:03:00 PM
From: David Jones   of 4679
 
Thread: Surprised I'm not stopped out yet. Disappointed with management at selling before the release of news. Chance to get back to the 6+'s and do some trading feels lost. Capping the price, is that part of management covering their @$$, is the quarter that bad or both?
Now they release a bunch of news to cover up the stink. Releasing a new Rio model and announcing they'll support other file formats with future models on the same day! Where's the marketing plan in that? I haven't seen anything saying the 500 can be upgraded for other formats.
Opinion: Sell the Rio division, lay off all of 'dimd' pawns and get it on with the restructuring.
Dave
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