So, how long do we think they have been making boards? I think that going into earnings 2 of past 4 months should have been at full capacity, approx 1 million boards. Could it be longer?
Perhaps they finshed the board design earlier, were confident in it, and started whacking out cards in Feb, resolving the driver issues and building up enough inventory for a launch to satisfy everyone?
For the "investors" of TDFX (the rather unfortunate group known as the Iron Stomach Brigade) the pullback is a good thing. As Michael mentioned, the lower the price when the deal goes through, the smaller the goodwill, the lower the quarterly amortization expense.
---------ot--------- Yeah, I know Sun, you made a thread for this :)
But I thought I would share this with the "family"........
Sulu: Captain, we are getting unusually high readings in a certain account.
Kirk: Readings, what kind of readings?
Sulu: It appears that a "Jefflins" has been outperforming a market known as "the street"
Kirk: Outperforming the street? My God. Scotty, any ideas?
Scotty: Aye, capt'n. We've already reduced TDFX by nary 30%. And she's still movin' up!
Kirk: why? WHY? People, I need answers!
Spock: It would appear, Captain, that after many months of turmoil, an entity known as FORE has substantially increased the numerical reading of this "account".
Kirk: I see. And what can we do to bring this...account...back in order?
Sulu: I suggest a restatement of earnings by McKesson.
Spock: Fascinating.
Jefflins: Oh sh&t!
-------------------
Yes, folks, the cosmic bakers must maintain "account equilibrium", or so it seems. MCK dropped a bomb on me today...I just couldn't believe it! So I dumped some Cendant and bought more MCK (a certain irony there)...please let TDFX have a great quar...trimester! Doing the best to keep my sense of humor... |
