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.

Technology Stocks : TRPH TriPath Technology Inc. -- Ignore unavailable to you. Want to Upgrade?

To: hayak who wrote (15)	5/28/2003 1:43:17 PM
From: ALTERN8	Read Replies (2) \| Respond to of 20

I think the company has super potential, I'm not sure what the short term brings with the delisting risks but the stock will probably have strong showing in Q4. The Company is expecting a flat sequential revenue quarter in Q2, with gross margins remaining at about 25%. However, operating expenses may be able to be slightly reduced to the $3.0-$3.2 million range.The Company is anticipating “dramatic” growth in the second half of 2003, and management noted a growing order backlog as well for the latter part of the year. Tripath is targeting 35% gross margins and profitability in Q4, which would translate to about $10 million in quarterly revenues (more than a three-fold increase from Q1 levels and 67% higher than any quarter in the Company’s history). This is a long term story: The Godzilla project to shift away from the expensive DMOS process for manufacturing the power stage chips (and to get out from under the thumb of ST Micro, which both acts as a foundry for Tripath chips and directly competes with the Company using technology from Apogee) appears to be ongoing, with early chips perhaps ready by the end of the year.