ReSound, will it helkp us hear better ? Message Board

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Technology Stocks : ReSound, will it helkp us hear better ?

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To: Toni Wheeler who wrote (21)	12/16/1998 3:20:00 PM
From: Moonray	Read Replies (1) of 44

Toni, ya got me! Shouldn't have come as a surprise. In Resound's quaterly earnings release (10/21/98) they even said: "We are moving forward with our strategy to divest the retail portion of the Viennatone business and are confident that the sale will be final in the fourth quarter of 1998," said ReSound President and CEO Russell D. Hays. "As for the export portion of the business, we are evaluating our strategic options and will conclude on one of these options by the first quarter of 1999." Volume in the stock is (of course) very thin. Went down on nothing and came back on nothing: tscn.com Just another case where Nasdaq MM's don't really make a market. I have not heard anything, but getting rid of the old line while coming to market with the new DSP hearing aids seems really cool. I saw the news...so why doesn't everyone like it? Seems like an astute thing to do...sell a unit to Amplifon and get ReSound products sold thruout Europe...seems like it should go straight to the bottom line...what have you heard???? If more news/comment stories break on this, I will post them to you. How often do you read this thread now? o~~~ O

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