Come on crossy. Look at other things besides the charts. The comapny last trade $4-$5 back in Jan - Mar 93 at that time they were doing about 70M per quarter in revenues. So I guess if the company suddenly comes aout with next quarters revneues at 75M down from 148M OK it will trade to those level. BUT THE PROBABILITY OF THAT IS ABOUT 1%.
SO DON'T POST THOSE KIND OF PRICE PREDICTIONS THAT ARE ABSURD, WITHOUT SOME RESEARCH. THE ASAIN CURRENCY THING HAS BEEN GOING ON FOR A WHILE SO YES REVENUES MAY GET IMPACTED BUT $4-$% is extreme. The stock may test it's low of last year ($10), but business it STRONG and there is not a large inventory in the market place now and over the next two months.
DRAM PRICES are getting hit but SRAMS ARE STABLE and the DUMPING TARIFFs are in place on SRAM.
THREE MONTHS ENDED
-------------------------------------------------------
JANUARY 3, SEPTEMBER 27, JUNE 28, MARCH 29,
1994 1993 1993 1993
---------- ------------- -------- ---------
(IN THOUSANDS, EXCEPT PER SHARE DATA)
<S> <C> <C> <C> <C>
Revenues...................... $ 83,012 $77,037 $ 74,753 $69,710
Gross margin.................. 35,352 31,686 29,526 28,127
Net income (loss)............. (4,088) 6,077 3,605 2,449
Net income (loss) per share... $ (0.11) $ 0.16 $ 0.10 $ 0.07
---------- ------------- -------- ---------
Three Months Ended Six Months Ended
---------------------- ----------------------
Jun. 30, Jul. 1, Jun. 30, Jul. 1,
1997 1996 1997 1996
---------- ---------- ---------- ----------
<S> <C> <C> <C> <C>
Revenues $ 138,142 $ 135,464 $ 264,141 $ 305,635
---------- ---------- ---------- ----------
Costs and expenses:
Cost of revenues 86,687 72,015 169,036 148,876
Research and development 24,426 21,989 45,449 43,405
Marketing, general and
administrative 19,135 15,502 36,699 33,642
---------- ---------- ---------- ----------
Total operating costs
and expenses 130,248 109,506 251,184 225,923
---------- ---------- ---------- ----------
Operating income 7,894 25,958 12,957 79,712
Interest expense (779) (1,482) (3,095) (3,129)
Interest and other income 2,238 2,075 7,064 3,948
---------- ---------- ---------- ----------
Income before income taxes 9,353 26,551 16,926 80,531
Provision for income taxes (3,213) (9,686) (5,826) (29,389)
---------- ---------- ---------- ----------
Net income $ 6,140 $ 16,865 $ 11,100 $ 51,142
========== ========== ========== ==========
Net income per share:
Primary $ 0.07 $ 0.20 $ 0.12 $ 0.61
Fully diluted $ 0.07 $ 0.20 $ 0.12 $ 0.58
Also check out the long term chart
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