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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 (27724)2/6/1998 10:09:00 AM
From: BishopsChild  Read Replies (1) | Respond to of 33268
 
old DAMN news............!

You've been here long enough to freakin' know Ben doesnt release news unless its significantly insignificant! Now this has been talked to its death and more so by those who are long!
NOW.....WHAT ELSE IS NEW?
seems like you've been slacking again on your assignment......

have a good day.....



To: drakes353 who wrote (27724)2/6/1998 10:36:00 AM
From: Marshall  Read Replies (2) | Respond to of 33268
 
Drakes - the layoffs were mentioned in the last CC and part of the discussion was outlined right here in the main thread that evening. Press release? While I realize the market often responds favorably to those type releases in some stocks would it make a difference here? Might be misinterpreted. Personally I have mixed feelings whenever I see a company making a news event about having to lay off faithful workers.

Considering the response they've received from most of the past press releases I can't blame them for wanting to be very selective in what they shoot off to PR Newswire.



To: drakes353 who wrote (27724)2/6/1998 9:08:00 PM
From: Marshall  Respond to of 33268
 
>>>>"Shhh, it's a secret." Not anymore:

<snip>
Data Race cuts one quarter of its work force
(San Antonio Business Journal; 804 words; 02/06/98)

Data Race cuts one quarter of its work force. Data Race Inc. has cut approximately
a quarter of its work force, citing a steady decline in revenue from custom-modem production as the cause of the downsizing. Despite the job cuts, Barker says Data Race will continue to pursue opportunities in custom-modem production.

amcity.com