My DIMD CC notes:
[Here are my notes as I wrote them, forgive any typos. I'll put my comments in brackets.]
DIMD still has Monster2 inventory, will clear out in Xmas
started selling Fusion and Viper in volume in last few weeks of 3Q
Substantive portion of current inventory for 4Q is Fusion and Viper
viper=high end
banshee=consumer enthusiast
expect both to do well
expect slightly higher volume for TNT (because of OEM design wins)
Sampling Fusion with one or more OEMs and hoping for a deal in 4Q (as an option not default)
[This will probably miss Xmas, no?]
Voodoo2 still viable and it will hold into 4Q until next generation comes out
[Do they mean TNT and/or Banshee or a real next generation?]
bullshit comments about creative labs and reference board use. still claining dimd can get premium price for v2 because of added value of dimd engineering.
[oh boy... if I were a DIMD stockholder I'd bail on account of that statement alone.]
backlog at the end of sept triple backlog of beggining july
[Did I hear this in reverse or did he say it in reverse? This can't make sense in light of the "buyer's strike"]
$3M invest in nVidia, convertible to equity by Dec 31st 98 or at IPO
[Did I get this date right? Does this mean nVidia intends to go public before that date?]
don't intend to sell savage3d unless major oem drives it. TNT high end, Banshee mid-range, they don't see it as needed.
did not have the inventory to meet demand for legacy products. "ran out of runway"
[I think they may have been unwilling to buy more V2 until they sold all existing boards, including the 8MB which no one wants. It's sad to see that they screwed themselves and 3Dfx at the same time.]
first legacy products declined in price, now in cost -> decent margin right now. won't carry them past thanksgiving, won't be caught with them at end of the quarter
[What? I think he meant "carry in inventory" or something, refering to the still existing V2 backlog.]
no allocation issues with TNT and Banshee
[Allocation of what? I was a bit punchy by this point. I assume he means no chipset or memory shortages like with V2.]
Simon |
