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Technology Stocks : Data Race (NASDAQ: RACE) NEWS! 2 voice/data/fax: ONE LINE!
RACE 330.28-1.8%Feb 3 3:59 PM EST
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To: drakes353 who wrote (27723)2/6/1998 10:01:00 AM
From: drakes353  Read Replies (3) of 33268
 
Shhh, it's a secret.

This from the 10Q: "During January 1998, the Company reduced its total workforce by approximately one quarter, primarily in areas related to volume modem manufacturing. Therefore, certain manufacturing and operating expenses are expected to decline in future periods."

Well the decline in expenses going forward is a positive since it will conserve cash but um, anyone else think firing 25% of your employees is the kind of thing that might merit a press release?

Amazing.
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