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Technology Stocks : Diamond Multimedia -- Ignore unavailable to you. Want to Upgrade?

To: Marc Phelan who wrote (3707)	10/8/1998 7:43:00 PM
From: PaperChase	Read Replies (2) \| Respond to of 4679

DIMD is losing their knack for fudging their numbers with write-offs. I can't believe they lost $32 million and forgot to write-off half of their inventory. <G> Their gross margin of less than 1% should really help them next quarter when their orders improve. <vbG> The press release was a masterpiece. They effectively blamed their dismal performance on everything except Clinton and the Florida hurricanes. For the record, I never liked this crappy company one bit ever since I mistakenly bought one of their crappy graphics card with no support. That "buying incident" from several years ago was a blessing since it kept me from ever considering buying stock in this doggie company.