Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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.

Strategies & Market Trends : Gorilla and King Portfolio Candidates -- Ignore unavailable to you. Want to Upgrade?

To: Uncle Frank who wrote (9236)	10/30/1999 5:47:00 PM
From: JohnG	Read Replies (1) \| Respond to of 54805

FranQ & Q-tips. I posted this on other thread. To: 100cfm who wrote (46640) From: JohnG Saturday, Oct 30 1999 5:43PM ET Reply # of 46642 100cfm. On $$0.87 street, $0.97 whisper and hope for more. Some clues are: 1)that some member of Q mgt said there would be a pleasant supprise, 2)At Q3 conf call, Q mgt said there would be sequential improvements in component supply, 3) Top two Sawtec customers for 9/30 quarter were MOT and QCOM, 4) Sawtec expects handset component sales to increase 400% (WAKE UP!!)(some inc due to more complex dual mode phones)for FYE 9/30/2000 over 9/30/99 after the largest expansion in their history, 5) Sawtec has their new high speed mfg equipment on line and is shipping production quantities,6) Sawtec revenues are only up ~9.8%, from $26.0MM for the 6/30/99 quarter to $28.5MM for the 9/30/99 quarter---safe period handset sales are up apx 8%--keep in mind here that NOK and MOT never got their CDMA phones off the ground during the last quarter. Conclusion is that given Q's learning curve and last Q's pro forma (wasn't it $0.86), Q should probably beat the whisper of $0.97--possibly hitting $1.03. Further, there could be a huge ramp up of component availibility from Sawtec starting in September and a huge demand for internet phones leading to significant increase in CDMA handset shipments during the 4th calendar quarter--Christmas sales. Thus there is a probability of a mild supprise and projctions of huge sequential increases starting 9/30. Realize that SAW filters may not be the only component that was short---RFMD was short too I believe. I really think the $5.00 projection for Q's Y2K earnings may prove WAY, WAY too low--the internet TORNADO is here. JohnG