Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Non-Tech : Secret Squirrels hit! -- Ignore unavailable to you. Want to Upgrade?

To: Wayne Rumball who wrote (1763)	10/27/1998 3:13:00 PM
From: musicguy	Read Replies (2) \| Respond to of 12872

STBI news Oct 21.. <- Previous Next -> Message 1630 of 1793 Reply Here is the news !! jyc2 Oct 22 1998 1:41PM EDT NEW YORK (Dow Jones)--STB Systems Inc.'s (STBI) shares dropped 23% Thursday after Hoak Breedlove Wesneski & Co. downgraded the company's stock to hold from buy. In a research note, Hoak Breedlove said the company's management late Wednesday reported problems with components used in its Velocity line of video products. The video graphic accelerator components STB purchased from NVIDIA Corp. have also demonstrated problems in the past, according to Hoak Breedlove. The firm said 30,000 Velocity 128 ZX boards were returned to STB by one of its customers and an order for 60,000 boards was canceled. "Product returns, an order cancellation and a potential inventory reevaluation are expected to push STB into the red for the October quarter," Hoak Breedlove said. STB Systems stock recently traded down 1 7/16 to 4 5/8 on Nasdaq volume of 1.2 millions compared with an average daily volume of 248,053.