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Technology Stocks : 3DFX

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To: Piranha who wrote (12701)5/18/1999 3:14:00 PM
From: Patrick Grinsell  Read Replies (4) of 16960
 
Combined company financials:

Item 3dfx STB Combined Percent
Revenues 40,444 90,667 131,111
Cost of Revs 26,190 74,511 100,701 77%
Gross Profit 14,254 16,156 30,410 23%
Operting Exp: 18,376 16,300 34,676 26%
R&D 11,756 2,994 14,750 11%
SG&A 6,620 13,306 19,926 15%
Income (Loss) from ops -4,122 -144 -4,266 -3%
Interest & other income 911 123 1034
Income Before Taxes -3,211 -21 -3,232
Provision for Taxes -1,027 -21 -1,048
Net Income -2,184 0 -2,184
EPS -0.14 0.00 -0.09
Shares 15,768 12,824 25,000

Loss of 9 cents cents for the combined company, eh? Amazing this is
the same exact number that I predicted. (Like that took any rocket
science. :-) )

I've got some new revised numbers for FY/00 and am checking them to
make sure I haven't made a mistake. So far, everything looks in-line
with my previous model. Nothing good, nothing bad.

Pat

P.S. In doing the combined statement I had to UNDO STB's little
accounting error.
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