Begging would be nice, but I'm just too eager too wait that long...
I believe Staunton reaffirmed the $2 ASP on the Ampy parts, and I also get the impression that these are probably their best margin parts also.
At 600 good die per wafer, this is $1200 revenue per wafer, so if all FRAM sales were these Ampy chips, that would mean 1,639 wafers per month.
If you want to adjust for slightly lower margins on the other products, say down to $1100 in revenue on average per wafer, that would raise wafers per month to about 1800.
I figure about $7,200,000 in FRAM sales next quarter (with a very wide margin for error), which would be 2000-2200 wafers per month.
For comparison, FRAM sales in the 12/31/01 quarter were $464,000, and if you assume all sales were 2T/2C and that only half as many die fit on a wafer (probably not that bad), then production was about 900 wafers per month.
Staunton says Fujitsu has another major FRAM customer. Perhaps this customer accounts for the royalty income? No number was given for royalty revenue this quarter, but doing the calcs from the other numbers that were provided, royalties this quarter could have been around $200,000—slightly higher than the recent highest number of $161,000 in the 12/31 quarter. If Ramtron gets 2% royalties, this means that non-Ramtron FRAM sales this quarter were $10,000,000. I hold this number to be suspect since the royalty number fluctuates so wildly from quarter to quarter.
The CC was good. I like this company. I could be wrong. |
