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Technology Stocks : Data Race (NASDAQ: RACE) NEWS! 2 voice/data/fax: ONE LINE! -- Ignore unavailable to you. Want to Upgrade?

To: drakes353 who wrote (27723)2/6/1998 10:01:00 AM
From: drakes353  Read Replies (3) | Respond to of 33268
 
Shhh, it's a secret.

This from the 10Q: "During January 1998, the Company reduced its total workforce by approximately one quarter, primarily in areas related to volume modem manufacturing. Therefore, certain manufacturing and operating expenses are expected to decline in future periods."

Well the decline in expenses going forward is a positive since it will conserve cash but um, anyone else think firing 25% of your employees is the kind of thing that might merit a press release?

Amazing.



To: drakes353 who wrote (27723)2/6/1998 10:36:00 AM
From: Judgement Proof.com  Respond to of 33268
 
You might want to take a closer look at RAIN, EFII and come to understand why they dropped and why those reasons may quickly be going away.

Poor Drakes, living in denial again. Somehow, somehow he's going to get that 72% back, because after all the whole world is watching him and waiting.


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