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Technology Stocks : Thrustmaster (NASDAQ:TMSR) -- Ignore unavailable to you. Want to Upgrade?


To: Paul W who wrote (1258)3/3/1998 11:43:00 PM
From: esecurities(tm)  Read Replies (1) | Respond to of 2443
 
The TMSR website makes one wonder if they abandoned the company entirely.

This site makes no sense and is completely out of date from its press to its [1997!?] contests to its technology and look and feel...not to mention the Internet represents a prodigiously formidable medium, of which, has the ability to significantly dampen the cyclicality of TMSRs revenues....what in God's name is going on with this company?!

Mr. Aanderud was with Arthur Anderson for nine years. As a CPA he is very familiar with the GAAP/FASB rule of 'conservatism', which, applied to TMSRs website would demand it be qualified as obsolete, i.e. valued at nothing. Aanderud, the Board, all TMSR employees should be ashamed. The shareholder (owners), certainly are.

This situation is simply incomprehensible, and quite frankly unprecedented [fundamentals v. shareholer value destruction]...With all due respect this is not shareholder confusion or a situation which requires patience. This is negligence.