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Technology Stocks : 3DFX -- Ignore unavailable to you. Want to Upgrade?

To: JR who wrote (5895)	7/30/1998 1:04:00 AM
From: JR	Read Replies (1) \| Respond to of 16960

This is a week old and probably dosn't mean anything. ***Alliance Semiconductor Exits 3D Business (July 21) The Company has also instituted a restructuring plan, including a departure from its graphics accelerator product line and a workforce reduction of approximately 45 positions, or 30% of the Company's domestic workforce, including graphics and other personnel. The graphics accelerator product line contributed 7% to revenues in fiscal year 1998 and less than 1% in the quarter ended June 27, 1998. "Due to increased competition, lack of significant revenue contribution, and high operating costs associated with the graphics product line, we felt it was in the best interest of the Company to take this action. This was a very long press release, so I only included the two paragraphs referring to 3D, Any thoughts, good, bad, indifferent? JR P.S. If anybody wants a link to this, let me know.