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Technology Stocks : Thrustmaster (NASDAQ:TMSR)
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To: esecurities(tm) who wrote (1268)3/6/1998 3:36:00 PM
From: eagle  Read Replies (4) of 2443
 
I had a brief conversation with Kent Koski (CFO) the other day.
He sounded confident, and simply said that there is some seller out there driving the price down, He is not aware of any problem with the company, and remains confident of 1Q98 and 98 year earning forecast. He also did not see any problem with the inventory build up in 4Q97, or from the cash shortage (which is now at about $6M). He did not see any possibility of a secondary offering in the near future, but thought that perhaps the stock price may be depressed due to the recent failed secondary. He also said that all analysts following the company are still forecasting 30% growth in 98, and the company has been doing roadshows with various analysts, e.g., Wedbush, Cruttenden Roth, etc to gain more visibility.

I guess no new revelation in this conversation. Time will tell the real story.
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