NetList Inc (NLST)

[dingodave]

Is Chuck getting ready to throw in the towel?

Before the flaming starts, let me say that I am a 10+ year holder of over 100K shares. Yesterday's conference call definitely was a downer for me. They didn't once say anything of a positive nature of what is going on with the business. It was a very low key reading of the numbers and recap of the cases. Nothing was said of anything looking forward. We know they just hired some new marketing people, so why no mention of what is expected of them or what the plan is? No need to give away all the secrets but just some mention of what the plan is and what the expectations are would have been very positive and something that people would have liked to hear. What about new products? Once again no need to give away any secrets, just some mention of types of products under development. Some conversation of expectations of new alignments with other manufacturers or a report on how things are going with Hynix would have been nice. All in all just a terrible call.

Because of the lack of any positive news, and the tones of voice from both Chuck and Gail, it seems to me that they are done.