CYRIX / NSM Message Board

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Technology Stocks : CYRIX / NSM

NSM 18.27

0.0%

Jul 31 5:00 PM EST

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To: Debra Orlow who wrote (32013)	5/5/1999 11:15:00 AM
From: Stormweaver	of 33344

I think 16 5/8 is the big res point? ... I like this jabber: "The company said it expects its FY 2000 sales to increase over fiscal 1999's as double-digit growth in the analog and information appliance markets offsets the eliminated PC processor sales. Gross margins are expected to return to the mid-40s as a percentage of sales, due to an improved product portfolio mix and better utilization of remaining manufacturing facilities. Operating expenses are expected to drop 20 percent from current run rates and approach company targets of research and development as 15 to 16 percent of sales and SG&A around 12to13percent of sales. Upon completion of this restructuring, the company expects to return to profitability in its fiscal 2000 second quarter, ending Nov.28, 1999."

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