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

To: Jason Rooks who wrote (1703)	7/23/1998 8:00:00 PM
From: esecurities(tm)	Read Replies (1) \| Respond to of 2443

Aanderud to shareholders: "Come back here and I will bite you to death?"* FrigMaster or what ever happened to Kent Koski? "...ThrustMaster Inc. (NASDAQ:TMSR - news) today reported second quarter revenues of $4.1 million, compared to $7.1 million in the second quarter of 1997. Net loss for the quarter was $2.8 million, or $0.65 per diluted share, compared to earnings of $300,000 or $0.07 per diluted share, in the same quarter a year ago...the company incurred significant costs to maintain retail shelf space which are reflected as an increase in selling expenses for the quarter. In early June, the company reduced revenue expectations for the quarter to between $4 and $5 million and initiated a cost reduction program which included a reduction in the workforce of thirty percent. The company continued to experience higher than normal returns of its products, due in part to retail accounts returning excess inventory and general installation challenges with certain software games in a Windows environment..." source: &copy 1998 biz.yahoo.com *The Knight to King Arthur in Monty Python's Holy Grail...whatever are you taliking about...there is no problem here...