Morning Sergio,,excluding Diamonds (DIMD) other core businesses (graphics cards,high speed modems,and Home networking products)
I did a rough calc on the RIOMP3 player producing 10K units/week(minimun),sells for $200 (+/-),we'll use 25% profit margin (I read it was 30%), and 35mm shares outstanding
10,000 X 52 X .25(200)/35,000,000==.72/share earnings/yr (26mm revs.)..If the rest of the products break even...it would be a stellar year.. DD
PS: They didn't start shipping the Rio until sometime in November, so it is difficult to say how much of their +.15/sh 4th quarter can be attributed to the Rio, vs other product sales and cleaning of the pipeline...upcoming finacials should really help out in understanding how we are progressing and managements effectiveness in getting their sh*t together<g>,so far, signs look positive....... |
