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ABIT still having problems

W1zzard

W1zzard

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DigiTimes has some news on the ABIT stock market issue we reported last week.

The Taiwan Stock Exchange (TSE) yesterday denied a request from Abit Computer to allow its stock to be traded on the TSE under normal conditions, given that the motherboard maker has still failed to provide documents that would clarify its sales in 2003 and the first half of this year, the TSE said in a statement.

The TSE downgraded Abit's stock, on December 16, to requiring full delivery in cash due to erratic sales transactions and investments recorded in the company's financial reports.

Following the downgrading, the price of Abit's stock has fallen by its 7% daily limit for seven consecutive sessions, to close at NT$5.30 yesterday, according to the TSE.
Click to expand...

When asked, an ABIT spokesperson did not want to comment on the situation.

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XooM

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holy crap, buy ABIT.
 
wazzledoozle

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Investing in Abit right now would be like investing in Enron while the preliminary investigations were happening.
 
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XooM

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Processor Athlon 64 3800 x2 Windosr @ 2.65 (and rising)
Motherboard BIOSTAR TForce 550
Cooling Custom Liquid (WMD20RLZT, Swiftech STORM, 2-302 w/ custom shroud, 2x sanyo denki)
Memory Patriot PDC22G5300LLK
Video Card(s) Sapphire x1900GT
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Case Aspire X-SuperAlien
Audio Device(s) integrated
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buy ABIT after the scandals etc are done with, but before they begin rising?
 
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XooM

New Member
Joined
Oct 17, 2004
Messages
468 (0.07/day)
Location
Close to FrozenCPU.com
System Specs
Processor Athlon 64 3800 x2 Windosr @ 2.65 (and rising)
Motherboard BIOSTAR TForce 550
Cooling Custom Liquid (WMD20RLZT, Swiftech STORM, 2-302 w/ custom shroud, 2x sanyo denki)
Memory Patriot PDC22G5300LLK
Video Card(s) Sapphire x1900GT
Storage 1x maxtor 40gb, 2x hitachi T7K250 160gb drives RAID 0, 1x 160gb Spinpoint
Display(s) 2x 17" CRT (dells; one from 1998, one from 2001) at 1600x1200 each
Case Aspire X-SuperAlien
Audio Device(s) integrated
Power Supply Seasonic S12 600watt
Software WinXP SP2, Folding@Home, Battlefield2, etc
ABIT stock.
 
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