What is the basis of your attack on NMGC's former CFO?
Here's a excerpt from a July 1999 article:
NeoMagic counts virtually every major manufacturer of notebook PCs as a customer including Compaq, Dell, Gateway, Hewlett-Packard, IBM, Mitsubishi, NEC, Sharp, Sony and Toshiba. The company went public in March 1997 and has been awarded honors by the Fabless Semiconductor Association for the past three years: in 1996, as the industry's "Most Respected Fabless Company," in 1997 and 1998 as "Best Financially Managed Fabless Company."
NeoMagic began in 1993, putting its first chips on the market in 1995 when it sold about $200,000 worth. In 1996 it sold $41 million worth, in 1997, $124 million and last year $240 million. Its products were listed as "editors' choice" by PC Magazine several times last year.
Given NMGC was acknollged for financial mgmt in 1997 & 1998
and McClendon took them public and was there you appear to be making a self serving statement not supported by fact
McClendon was the CFO at NeoMagic Corporation, a supplier of multimedia accelerators for notebooks. For three years, she managed the financial aspects of the Company's growth after taking them public in March 1997. From March 1993 to December 1996, she worked at S3 Incorporated,
I've sucessfully bought oversold cigar butts, however when a CFO leaves I get the willies. To blame a strategic acquisition on a CFO is ignoring that the mistake was a engineering/marketing problem, not eminating from the CFO's office.
As someone suggested back up your statements with substance, not unsubstanciated opinion.
I'm moving on
Mad2 |
