Socket Communications (SCKT) Message Board

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Microcap & Penny Stocks : Socket Communications (SCKT)

SCKT 0.998

+6.2%

9:30 AM EST

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From: RikRichter	2/19/2004 9:05:54 AM
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Just listened to conference call.. by: intrepid_1_1999 Long-Term Sentiment: Strong Buy 02/18/04 11:07 pm Msg: 8001 of 8017 -all series e preferred converted to common -2/3 sereis f preferred converted to common as of 12-31-2003 -no long term debt as in zero -no equity capital needed in 2004 -0.004 net loss 4th quarter -cash flow positive -29.8 million shares outstanding 12-31-2003 -nokia will be paid off in april 2004 -aggressive cost controls in place -gross margin 4th qtr and year @ 50% Revenue - 40% bluetooth - 31% barcode scanners - 17% serial card legacy business - 12% interface chips - 0 rfid rfid -rfid (in general) will have no effect on sckt barcode scanning business in 2004 -(sckt's rfid) will take 1 year to put products together and field trial -will take 2-3 years for rfid (in general) to hit retail store level new products and opportunities -gps in car product -gps industrial product -cordless bluetooth -now -bluetooth modem - starting april 1st -sdio combination products -wlan products - 2nd half of year -smart phones with SDIO slots already being tested -hp utilizing SDIO slots -when 3rd patent finalized new products soon to follow -ppc's heading to 100% sdio in 2004 -some new product announcements @ cebit march 17th Smart Phones -Sdio slots and peripherals being tested -will not interfere with ppc in 2004 -will affect palm embedded group = 38 design wins 17 interface chips 21 kwik blue biggest ic customers -novatel -intermec novatel -socket chips will be involved in verizon deal intermec -has several products involved with bluetooth ic Guidance -exact figures not given -1.2 million backlog going into quarter -as of feb. 18th sckt is ahead of rev. per last quarter -1st quarter is seasonally strong quarter

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