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Updated: Magma hit with 'going concern' notice

7/27/2009 06:00 PM EDT
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ExEDA
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re: Updated: Magma hit with 'going concern' notice
ExEDA   7/29/2009 6:48:24 PM
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Why is it coming up now? Magma's books and the stock price has already reflected Magma's financial condition for well over 6 months. Magma is a good example of challenges SMB sector of corporate America face in the next 12 months. With de-leveraging looms, America's road to recovery is going to be long and slow.

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