Thank you for your estimates for I2O royalties. This kind of information, particularly well qualified, helps less informed investors like myself. I assume that your estimate of $0.30 - $0.35 for 1998 meant calendar year versus fiscal year. Right?
Allen and others have speculated about I2O revenues over time. Also, Allen has been quite convincing about sustainability of earnings justifying high P/Es. With this in mind, I wonder if it is too early to speculate, in a qualified way, about what revenues may be coming down the pike (even into 2000s) that are of an I2O magnitude.
For instance, design wins have been announced with Qualcomm, HP, Adobe, NCI, 3Com, and General Motors, to name a few. Within understood confidence levels, is it premature to guess royalty unit fees and/or volumes under various scenarios and timeframes for deals involving cable modems, network computers, postscript printers, powertrains, cell phones, etc, etc?
I2O seems to guarantee great earnings growth in 1998 and 1999. However, if this were the only bag of tricks, one might argue that it's already in the price of the stock. |
