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Technology Stocks : Diamond Multimedia

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To: Broadband Investor who wrote (3622)7/9/1998 8:28:00 PM
From: mantle7  Read Replies (1) of 4679
 
$23 Million in selling expenses to generate $20 Million in gross margin. What a great business! When is this management team going to realize that its distribution strategy is too expensive and doesn't fit the commodity market? Maybe they ought to look for a new channel rather than forcing product into the retail channel? They are paying a fortune for shelf space and incentives, while their margins erode. I still look for a chance to buy in the 4's tommorrow. What is their cash position?
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