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Technology Stocks : Diamond Multimedia
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To: The Duke of URL© who wrote (4326)4/22/1999 5:05:00 PM
From: Eric Winterhalder  Read Replies (2) of 4679
 
Duke,

Thats true but the new Rio wont be out unitil around the end of Jun as I understood it, therefore will contribute little if any rev's to Q2. They only other thing they said was that the new Rio would co-exist with the new Rio and the price points would be different..I assume this means the old Rio will be dropping in price (I already see rebates) which makes sense therefore probably contibuting even less revenues to Q2 (and earnings) for a given number sold. The analysts reactions to this in the CC were IMO not favorable.

The only way I would take a look at this stock again is if Schroeder and Walker both were removed or resigned.

Good luck in your investments.
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