SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : IDTI - an IC Play on Growth Markets
IDTI 48.990.0%Mar 29 5:00 PM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Rob S. who wrote (8970)6/23/1998 9:14:00 AM
From: Jim Oravetz  Read Replies (1) of 11555
 
RE: I sure hope that IDTI does more than talk about producing volumes of parts and ramping quickly to 266 and 300Mhz (read 0.25-micron) versions.

I really hope they can also. However, there was this little quote from the recent 10K. Under Manufacturing -- "The majority of IDT's current products are manufactured using its proprietary 0.65, 0.5, and 0.35 micron processes and a number of 0.24-micron test wafers have been processed. The company continues to develop its sub-0.25 micron CMOS processes"

How much time elapsed between the writing of the 10K and the publishing of it? There is a BIG difference between a "few test wafers" and volume production. I would have liked to have seen a more positive statement about current product development efforts. Six months, even 3 months from now WC-2's need to be FLYING off the fab line in 266MHz and higher speeds.

Another related 10K tidbit:

"Historically, SRAM products have been produced at the Oregon facility..."

Under LIQUIDITY AND CAPITAL RESOURCES
"Additionally, in September 1996 and December 1998, the Company completed equipment sale and lease back arrangements with several leasing companies. Equipment purchased by the Company for the Oregon fabrication facility with a net book value of $52.6 million was sold to the leasing companies and leased back for use at the Oregon facility under leases classified as operating leases."

I'm not sure how to interpret, as far as company capitalization or impact on company financials, this lease-back arrangement. Anyone have a input?

JimO
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News