Since financial information on Atari is hard to obtain, it's hard to know
what's going on without looking at the prospectus. However, I suspect that
the accounts I've seen in places like INFOWORLD and BYTE are more likely
than most: Atari has been selling all the ST's they can make, but they can't
make enough. In that light, an IPO seems reasonable, in that it might help
them to afford more production equipment, warehousing, and inventory.
I am pretty sure that this was old data. Atari layed off many of their workers
when they were owned by Warner. This was due to shifting much of the production
of their video games to offshore facilities. I haven't heard of any layoffs since
Jack has owned the company.