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Technology Stocks : Thrustmaster (NASDAQ:TMSR)

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To: esecurities(tm) who wrote (1685)	6/20/1998 11:43:00 AM
From: esecurities(tm)	Read Replies (1) of 2443

"Slow sales bring 30% cut in ThrustMaster work force" The maker of computer-game controllers idles 36 employees one week after announcing weak second-quarter earnings "...The news comes after the company announced last week that its second-quarter revenue and earnings would disappoint analysts. It also follows the retirement of Chief Financial Officer Kent Koski, 54, at the end of May...The job cuts also come at a difficult time as the company enters the competitive console game controller market, which includes Sony PlayStation and Nintendo. Company President Stephen Aanderud did not return phone calls Tuesday..." source: &copy 1998 The Oregonian oregonlive.com

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