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To: CharlesRiver who wrote (815)2/18/1998 5:07:00 PM
From: AreWeThereYet  Read Replies (1) | Respond to of 1183
 
Absolute not.
What surprise me is that they are still wasting their resource on the 4th generation 128bit chip and their negative profit margin this quarter. This is a classical example of poor management. Lucky I only have 1k shr.

aC



To: CharlesRiver who wrote (815)2/18/1998 5:10:00 PM
From: Vangelis Petsos  Read Replies (1) | Respond to of 1183
 
I think there is a 5:00pm conference call. Does anybody
have access to the CC number? We need to find out if
anybody addresses the financing/restructuring problems.
The "Company has made significant strides in addressing
these issues" statement in the press release does
not mean squat.

BTW, have you guys noticed the last statement of the report?
"Mr. Nadja, who has been dedicating his time to Strategic
Activities for the Company, will assume the overall operations
responsibility of the Company". How hard is it to come up with
a strategy to lose a pile of money over the last two years?
They still don't realize that they need professional managers
that know how to run a company.

It seems more and more that the only way out - for employees, shareholders and customers - is a sale of the company, provided
they find an interested buyer.

Van.



To: CharlesRiver who wrote (815)2/18/1998 6:18:00 PM
From: JR2  Read Replies (1) | Respond to of 1183
 
Well at least they are excited about the future !!! Hey C.r. what good does it too beat a dead horse, everything they came out today is really nothing that you or the MARKET didn't portend.. They even hinted at being part of another concern...YOU did hear him (your whipping boy) andy n. SAY that? RIGHT C.R. ? They have different choices on the table..granted who knows what they are...Was their anything more you expected them to say that would have been any different than what you have been aware of?? The stock being where it is ; is enough of a punishment for US longs including Andy. In the meantime thnx for going easy on foolish me ... now Charles tell us how they can turn this lost sheep around. 2 men have fouled out.. come off the bench and spark the team.. and I promise I won't ask you who "transplanted you out to silicon valley and into silicon investor." JR 1.4