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To: Artslaw who wrote (5537)4/23/1999 2:15:00 AM
From: Craig Freeman  Respond to of 60323
 
Critical review of Rio's maker Diamond:

<snip> Diamond Multimedia (Nasdaq:DIMD - news) found itself still in the rough, down $1 3/4 to $5, after yet another disappointing quarter. Previously known mainly as an underperforming maker of brand name graphics accelerator cards -- including Stealth, Viper and Monster boards, fueled by 3Dfx (Nasdaq:TDFX - news) chips-- and Supra modems for PCs, Diamond has now become something of an underperforming play on music distributed over the Internet thanks to its Rio digital audio appliance. Q1 results, though, didn't sound so sweet.<

<snip>Diamond caused a major music industry ruckus in November when it began selling the Rio, a portable digital device using flash memory to store and play music downloaded from the Internet. Rio works with the popular MP3 format, which allows near CD quality sound. The Recording Industry Association of America had filed a lawsuit to try to stop Diamond from shipping the product due to fears it would encourage bootlegging of copyrighted music by college students, who are gaga for MP3. The lawsuit didn't fly. Diamond has recently introduced a more powerful 64MB version of the Rio retailing for $249, but competitors have also entered the field. Creative Labs, for example, will soon bring out the competitively priced Nomad, a similar device, in both 32MB and 64MB versions.<

For the whole story see: fnews.yahoo.com

Craig



To: Artslaw who wrote (5537)4/23/1999 10:50:00 AM
From: Ausdauer  Read Replies (1) | Respond to of 60323
 
Steve,

Ongoing problems with SmartMedia...

Acceptance of MMC by larger manufacturers including Siemens and Hitachi...

Stepped up outsourcing in Taiwan and China in anticipation of "major growth"...

...and we are down again.

Reacting in the typical SNDK fashion to encouraging news.

I got a tax rebate yesterday and so I have some more black powder to take into battle. I think I will just put in an order for 18 3/8 and wait for it to fill (in the usual Zeman fashion).

Ausdauer