Why TMSRs revenues are declining and why Gateway and Dell are experiencing record revenues...[their website].
...and now TMSR shareholders have to watch a search engine company [correctly] capitalize upon NASCAR ® brand equity in their shareholder accountable quest to create, maintain and maximize shareholder value....
Lycos to Sponsor "LYCOS.COM 250" NASCAR Busch Grand National Race at Pikes Peak International Raceway
"...Lycos, Inc. (NASDAQ:LCOS - news) ''Your Personal Internet Guide,'' announced that it will be the title sponsor of the NASCAR Busch Grand National series race scheduled for Sunday, June 14 at Pikes Peak International Raceway (PPIR). The ''LYCOS.COM 250'' will be televised on ESPN beginning at 2:00 p.m. Mountain Standard Time (4:00 p.m. Eastern Standard Time). Lycos will also be represented on the track by the #17 Lycos Chevrolet driven by Matt Kenseth, one of the brightest young stars in NASCAR racing..." source: © 1998
biz.yahoo.com
Monday June 8, 7:59 pm Eastern Time
Company Press Release
ThrustMaster Second Quarter Results to be Below Analyst's Expectations
HILLSBORO, Ore.--(BUSINESS WIRE)--June 8, 1998--ThrustMaster, Inc. (NASDAQ:TMSR - news), today announced that it expects its second quarter 1998 revenue to be below analyst's revenue estimates.
''Our North American revenue is not likely to reach expectations due to slow retail sales of personal computers and accessories including game controllers,'' said Stephen Aanderud, President and CEO of ThrustMaster. ''We believe slow retail sales are in part due to consumers delaying purchases until after the Windows 98 introduction later this month.''
At this time in the quarter, the Company expects revenue will be between $4 million and $5 million. The Company's second quarter ends June 30, 1998. Actual quarterly results are expected to be announced before the end of July.
This press release may include forward-looking statements. Investors are cautioned that forward-looking statements involve risks and uncertainties and various factors could cause actual results to differ materially from those in the forward-looking statements. Forward-looking statements relate to anticipated revenues, gross margins, earnings, product return rates, availability of products manufactured for the Company and new product introductions. The following factors, among others, could cause actual results to differ from those indicated in the forward-looking statements: uncertainties associated with market acceptance of and demand for the Company's products, impact of competitive products and pricing, dependence on third party suppliers, uncertainties associated with the development of products and manufacturing and differing characteristics of different distribution channels. Investors are directed to the Company's filings with the Securities and Exchange Commission, including the Company's 1997 Form 10-K, which are available from the Company without charge, for a further description of the risks and uncertainties relating to forward-looking statements made by the Company as well as to other aspects of the Company's business.
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Contact:
ThrustMaster, Inc.
Stephen Aanderud, 503/615-3200
note: risk disclosure is now longer than the subjectof the release itself...shareholder value destruction and criminal gross negligence proximate cause @ thrustmaster.com |
