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Technology Stocks : Thrustmaster (NASDAQ:TMSR)
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To: Rajiv who wrote (2321)7/27/1999 10:43:00 AM
From: Smilodon   of 2443
 
Great question Rajiv. I don't know.

Given the low price of the acquisition I would think not. If inventories are included, it looks like they almost just gave the business away.

Regardless, I think the price is shockingly low. They must have been desperate to dump that business. I guess they were trying to "unlock the value" of their internet business plan. Looks like a get rich quick scheme.
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