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Technology Stocks : PC Sector Round Table
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To: Pierre-X who wrote (1037)10/15/1998 11:35:00 AM
From: Mark Oliver   of 2025
 
TRIDENT REPORTS 1Q99, FUTURE BRIGHTENING -- Trident Microsystems reported its 1Q99 financial results for the quarter ended September 30. 1Q sales were $23.876M, a decrease of 38% from $38.539M from 1Q98, but an increase of 24% from $19.275M for 4Q98. The basic loss for 1Q99 was $2.709M or 21 cents basic loss per share. This compared to a loss of $5.307M or 41 cents basic loss per share for 4Q98, and net income of $3.073M or 24 cents basic earnings per share or 21 cents diluted earnings per share for 1Q98. "Although this quarter's results reflect continuing economic problems in the Asia Pacific region, we are seeing the beginnings of an upturn for Trident worldwide as unit sales of our desktop and notebook products are increasing," stated Frank Lin, Trident's president/CEO. "We are experiencing a strong increase in unit shipments for our 3D desktop device, the baseline AGP 3DImage975, while shipments of our 2D desktop products have declined as anticipated. We are also experiencing increasing unit shipment volume of both 2D and 3D embedded memory notebook devices." Trident Microsystems: 650 943-3761.

Sure seemed like all these guys got a big red target painted on their backs when Intel bought Chips and Technologies. They say things are looking up, but I wonder. Neomagic seems to be holding it's own.

Regards,

Mark
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