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

To: lml who wrote (4331)	4/23/1999 2:14:00 AM
From: Eric Winterhalder	Read Replies (1) \| Respond to of 4679

lml, While I do agree with many of your points I have a comment regarding this observation: <<What we saw today was the market's surprise to the "unexpected" profitability problems Schroeder & Co. encountered this Q with products falling within its "core business.">> Unexpected?? yes but to who? certainly it couldnt have been Mr Schroeder. Based on a shareholder letter written 2 months into the quarter I find it hard to believe that up until the last month he had no idea how this quarter was measuring up. This was alot more than a slight miss ...where talking 70%!!! To their shareholders? definitely, they could only go on that guidance which was provided them. This in what proved to be IMO a grossly inaccurate assessment of the company's prospects for this last quarter (and probably this quarter as well) coupled with the fact the he was selling off stock at this time gives me great pause. Certainly were all here to make money but this has become a question of ethics. I had to ask myself whether or not this company deserves my investment..its about basic trust..would you loan your money to someone you didnt trust even if you thought it might be profitable?

To: lml who wrote (4331)	4/27/1999 1:35:00 PM
From: Harry J.	Read Replies (1) \| Respond to of 4679

lml - A couple of days ago, you noted, "[snip]IMHO, the Street's reactions today implies it remains focused on the "promise" of DIMD to extract itself from the quicksand of the video-card biz that has plagued this Company -- & its management for too long now." Over on the TDFX board, someone allegedly close to TDFX noted that, in spite of the following large chunk of business, DIMD might not be making money which fits what you think may be the case. Thought you'd like to know that you are not alone. [From about.micronpc.com/media/releases/getpr.htm?pr=pr042799_1.htm AND also available through biz.yahoo.com/bw/990427/ca_micron_1.html] "Micron to Standardize on NVIDIA's Graphics in Micron™ Millennia® Line of Desktop Computers —Diamond Multimedia's Viper V 770 Ultra to Accelerate Millennia PCs— Santa Clara, California, April 27, 1999—NVIDIA™ Corporation (Nasdaq: NVDA) and Micron Electronics Inc. (Nasdaq: MUEI) announced today that their work together will soon result in Micron standardizing on NVIDIA TNT2 graphics processors in all Micron™ Millennia® desktop systems. Micron currently offers the NVIDIA RIVA TNT™ 3D graphics processor as an option with its Millennia systems. Later this year, Micron plans to offer the 16MB NVIDIA RIVA TNT2 graphics processor as the standard graphics technology for the Millennia computers and the 32MB NVIDIA TNT2 graphics processor as an upgrade option. Diamond Multimedia Systems (NASDAQ: DIMD) will produce the graphics accelerators that incorporate the NVIDIA TNT2 processors through their Viper V770 Ultra 16MB and 32MB solutions. [snip - much more to the PR but mostly about NVDA .]" You are almost right about the pullback to about 4, too. Where were you when I really needed you? Regards, Harry PS - MicronPC is, I believe, the 3rd largest direct mail PC maker/seller. I woulda posted this sooner but got interested in Micron's financials while wandering around their website looking for the press release page (which, by the way, was none too easy to find if any of you MicronPC people are out there.)