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Technology Stocks : Thrustmaster (NASDAQ:TMSR)

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To: Kenneth M. Koff, CPCU who wrote (1785)12/8/1998 11:17:00 AM
From: american dreamer  Read Replies (1) of 2443
 
The CEO said
1. he had been on the job 7 weeks but was CFO since June
2. until this "hiccup" in earnings they were profitable 26 quarters
3. they were addressing the problems in shipping and sales
4. admitted there was a glut in the market
5. need to private label cheap hardware and R&D high end items
6. missing Christmas was on purpose so they could introduce it and get the reviews and then ramp up sales
7. claimed their play n talk was different than others on the market because it gives more flexibility
8. acknowledged that their licensing agreement is just for gaming and that they must meet quotas to maintain exclusivisity

that is about all the CEO said
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