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Technology Stocks : NVIDIA Corporation (NVDA) -- Ignore unavailable to you. Want to Upgrade?


To: James T. who wrote (1150)9/17/2002 11:52:13 AM
From: James T.  Read Replies (2) | Respond to of 2646
 
Income Statement - Net Income DOWN 90%
Period Ending: Jul 28, 2002 Apr 28, 2002 Jan 27, 2002 Oct 28, 2001
Total Revenue $427,285,000 $582,905,000 $498,039,000 $370,241,000
Cost Of Revenue $327,983,000 $375,740,000 $312,669,000 $231,698,000
Gross Profit $99,302,000 $207,165,000 $185,370,000 $138,543,000

Operating Expenses
Research And Development $57,229,000 $52,492,000 $44,528,000 $44,387,000
Selling General And Administrative Expenses $35,908,000 $37,482,000 $30,594,000 $28,016,000
Non Recurring N/A N/A $3,380,000 N/A
Other Operating Expenses N/A N/A $3,997,000 $4,020,000

Operating Income $6,165,000 $117,191,000 $102,871,000 $62,120,000
Total Other Income And Expenses Net $1,340,000 $1,731,000 $17,330,000 $1,682,000
Earnings Before Interest And Taxes $7,505,000 $118,922,000 $120,201,000 $63,802,000
Interest Expense N/A N/A $16,173,000 N/A
Income Before Tax $7,505,000 $118,922,000 $104,028,000 $63,802,000
Income Tax Expense $2,251,000 $35,677,000 $31,208,000 $19,141,000
Equity Earnings Or Loss Unconsolidated Subsidiary N/A N/A N/A N/A
Minority Interest N/A N/A N/A N/A
Net Income From Continuing Operations $5,254,000 $83,245,000 $72,820,000 $44,661,000

Nonrecurring Events
Discontinued Operations N/A N/A N/A N/A
Extraordinary Items N/A N/A N/A N/A
Effect Of Accounting Changes N/A N/A N/A N/A
Other Items N/A N/A N/A N/A
Net Income $5,254,000 $83,245,000 $72,820,000 $44,661,000
Preferred Stock And Other Adjustments N/A N/A N/A N/A

Net Income Applicable To Common Shares $5,254,000 $83,245,000 $72,820,000 $44,661,000



To: James T. who wrote (1150)9/17/2002 11:58:23 AM
From: BWAC  Respond to of 2646
 
<You boys obviously do not know our group, and the power we control. It does not matter the status of a company, if we choose to push a week company's stock down, we can. That is why so many on SI always watch for my name. If you see my name on a stock thread, you better get ready to either get out, short, or sit and watch.>

So what does that mean? Are you some sort of a manipulative group of con artists? Are you in essence saying that your group has suffcient capital to engage in collusion and price fixing?



To: James T. who wrote (1150)9/17/2002 1:40:16 PM
From: Gohm  Respond to of 2646
 
be careful what you say or even imply james... whether or not it's true... professional shorters with long careers work their best discreet & alone...

a friendly warning from a fellow shorter,
Gohm



To: James T. who wrote (1150)9/17/2002 4:58:54 PM
From: David Krafcsik  Read Replies (1) | Respond to of 2646
 
I would be extremely careful with shorting this stock. They have cut down their earnings estimates significantly for next quarter, and they took a big write-off this quarter. Part of the writeoffs were the Nforce-1 chipsets (which they just landed a contract with Dell for), and the other part was Xbox chipsets.

If the sales on Nforce-1 with Dell go well, they will be able to use some of those written off chips in next quarters profits. That will show as pure profit. Likewise, when the ongoing negotiation about the Xbox chipset prices are resolved, there will most likely be a sudden pop in earnings (currently 48 million, IIRC, or about 30 cents a share is "in limbo" waiting for the results of the arbitration with Nvidia).

In general, the graphics arena is becoming almost impossible for smaller companies to make an entry into. The only real players left are ATI and Nvidia. Even a seasoned player like Matrox could not make a significant impact with their Parhelia chipset that was recently released.

This is similar to what happened in CPU's. I.e. what happened to Cyrix, Transmeta, heck even Motorola isn't really competing in CPU's anymore. Only Intel and AMD left, and no one else is likely to compete with them in the foreseeable future.

Sure, Nvda may go down in the near term. Of course, this can be said for any stock in the current environment. But medium to long term this is one stock I wouldn't bet against at these levels. (but to each his own)



To: James T. who wrote (1150)9/18/2002 5:44:29 PM
From: Brasco One  Read Replies (1) | Respond to of 2646
 
JAMES<<<<<<VERY IMPORTANT<<<<<<

i'm i included in the 'boys' griou too????" <GG>>

is that a post to me |<<ggg>>

HOPEFULLY NOT<<Ng>>><-------VERY IMPORTANT!



To: James T. who wrote (1150)9/18/2002 8:38:15 PM
From: neverenough  Read Replies (1) | Respond to of 2646
 
You boys obviously do not know our group, and the power we control. It does not matter the status of a company, if we choose to push a week company's stock down, we can. That is why so many on SI always watch for my name. If you see my name on a stock thread, you better get ready to either get out, short, or sit and watch.


OH FUCK... Boy's we'd better run for the hills, JamesT is here!!

I love this part, If you see my name on a stock thread, you better get ready to either get out, short, or sit and watch. Or run for the hills!!!! LOL

That is one of the more idiotic post I've read in a long time, thank's for the laugh...