Giga-tronics comments on FY1995.SAN RAMON San Ramon (Spanish for "Saint Raymond") may refer to one of the following places:
G.H. Bruns, Jr., chairman and chief executive officer since January, said: "When I assumed the position of CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. in early January, it quickly became apparent that the Company would incur a loss in the fourth quarter ending March 1995. This circumstance, and the reasons for it, were set forth in a press release in late January. However, in the ensuing weeks, as we have continued to analyze the Company's operations, I have concluded that the challenges facing the Company are of even greater magnitude than previously anticipated. "Deficiencies in the Management Information System have, and continue to, adversely affect all aspects of manufacturing planning, scheduling and material control. Senior management, with the aid of outside specialists, are fully committed (Law) committed to prison for trial, in distinction from being detained for examination. See also: Fully to the resolution of these problems. "The microwave signal generator A signal generator, also known variously as a test signal generator, function generator, tone generator, arbitrary waveform generator, or frequency generator and RF signal generator product lines are both experiencing manufacturability problems. They will require strong team efforts involving both Manufacturing and Engineering departments over the near term. In the meantime Adv. 1. in the meantime - during the intervening time; "meanwhile I will not think about the problem"; "meantime he was attentive to his other interests"; "in the meantime the police were notified" meantime, meanwhile , product shipments and manufacturing margins will continue to be depressed. "The cost of corrective action in these areas will be substantial. Additionally, these situations have contributed to significant inventory build-up and potential obsolescence ob·so·les·cent adj. 1. Being in the process of passing out of use or usefulness; becoming obsolete. 2. Biology Gradually disappearing; imperfectly or only slightly developed. . "It is still too early to accurately determine the impact of these circumstances on operating results, but it is quite clear at this time that the company will incur a substantial loss in the current quarter that will produce a loss for the entire fiscal year ending March 1995." CONTACT: Giga-tronics Inc., San Ramon G.H. Bruns, Jr., 510/328-4650 |
|
Printer friendly
Cite/link
Email
Feedback
Reader Opinion