something intersting from the 10q:
As of February 12, 2001, there were 42,671,116 shares of Registrant's Common Stock outstanding
At December 31, 2000, the
Company owned 236,631 shares of Broadcom
In January 2001, the Company entered into a variable forward sales contract with Bear Stearns that gives the Company the right to sell up to 490,000 shares of
Vitesse in January 2003 at prices ranging from $74.32 to $105.84. The Company has received an advance payment from Bear Sterns of approximately $31 million against the future delivery of Vitesse shares.
In the December 2000 quarter, sales to the computing market segment accounted
for approximately 10% of the total sales, with approximately 90% attributable to sales in the communication, networking and consumer markets, whereas in the December 1999 quarter approximately 49% of the Company's sales were in the computing market segment and approximately 51% in the non-PC market segments
(i.e. communications, networking and consumer).
One customer accounted for approximately 8.2% of the Company's net revenues in the December 2000 quarter, whereas one customer accounted for 17.8% of the
Company's net revenues in the December 1999 quarter.
Company currently manufactures SRAMs in Singapore and the United States, and may be able to support its U.S. customers with products that are not subject to antidumping
duties
The Company's financial condition at December 31, 2000 remained strong. Total current assets exceeded current liabilities by 2.5 times
Company believes these sources of liquidity, and financing opportunities available to it will be sufficient to meet its projected working capital and
other cash requirements for the foreseeable future |
