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Technology Stocks : ReSound, will it helkp us hear better ? -- Ignore unavailable to you. Want to Upgrade?


To: Toni Wheeler who wrote (11)8/19/1998 10:49:00 AM
From: Moonray  Read Replies (1) | Respond to of 44
 
Toni, no, still on board. Stopped posting since I was the only one.

Where is everyone??? Did you ALL jump ship?

From last RSND earnings report:
With regard to the company's restructuring program, ReSound expects
to begin implementation in mid-August of a plan to realign the
company's organizational structure, streamline internal processes and
consolidate facilities worldwide in order to achieve sustained
profitability. The program will result in significant one-time charges
in the third and fourth quarters.

"Our management team is intensely focused on sustained profitability
and achieving operating income levels that are among the leaders in
our industry. We have definitive strategic and operational business
plans and expect to begin realizing the benefits from the restructuring
program by the end of 1998."

I read this as nothing doing of a positive nature until next year.
What was YOUR basis for making this statement:?


However, sounds like improvement is in the works and better days
expected ahead.


o~~~ O