Hi Bill,

Well, if you read the news, Quad isn't doing well at all. They filed for
chapter 11 back in December, and their stock was halted from trading then.
Their stock was delisted from NASDAQ on January 25 of this year due to
staying below the $1.00 minimum for 29 consecutive days. Another reason they
were delisted was because a company has to have a market value of at least
$5-million to continue to be listed, and at the time it was only worth
$1.4-million.

Quad has said they are negotiating a plan of reorganization with Congress
Financial Corporation which may include the sale of all, or most of it's
assets...

-Steve Gregory-

> Hi out there,
>
>  Can anyone tell me what is going on with Quad Systems and give me an
opinion
>  about whether or not to invest in more Quad equipment at this point in
time?
>  We have three machines and quit a bit of fixturing so we are thinking that
>  because of this large investment (by our standards) it would be difficult
to
>  go to another manufacturer's equipment.  But, if Quad is going down the
>  tubes we will end up doing that anyway after having bought more equipment.
>  We have a lot of trouble with placement accuracy and are not sure if this
is
>  the machines (is there something more dependable?) or something else we are
>  doing wrong.  I am not the engineer directly involved in the, but I do know
>  a little bit about the process.  Any help would be greatly appreciated.
>  Thank you.
>
>  Bill Mengers
>  SMT Process Engineer
>  Northrop Grumman Corp.
>  Baltimore, Md.

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