This is a week old and probably dosn't mean anything.
***Alliance Semiconductor Exits 3D Business
(July 21)
The Company has also instituted a restructuring plan, including
a departure from its graphics accelerator product line and a
workforce reduction of approximately 45 positions, or 30% of the
Company's domestic workforce, including graphics and other
personnel. The graphics accelerator product line contributed 7%
to revenues in fiscal year 1998 and less than 1% in the quarter
ended June 27, 1998.
"Due to increased competition, lack of significant revenue
contribution, and high operating costs associated with the
graphics product line, we felt it was in the best interest of
the Company to take this action.
This was a very long press release, so I only included the two paragraphs referring to 3D, Any thoughts, good, bad, indifferent?
JR
P.S. If anybody wants a link to this, let me know. |
