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Technology Stocks : RF Monolithics (RFMI) -- Ignore unavailable to you. Want to Upgrade?

To: Mohan Marette who wrote (306)	3/19/1998 10:46:00 AM
From: Mohan Marette	Respond to of 369

Conference Call. All: I listened to the conference call this morning and here are some of the things i recall from it. 1.They are in Hanover Germany for some related industrial show and looks like the conference call was done from there. 2.Breakdown of regional revenues for Q2-98 North America [45%] = $ 6 million. Europe [40%] = $ 5.3 Asia [10%] = $ 1.3 ROW [5%] = $ .7 3.The new product being developed by RFM and Dallas Semi will be available in about 6 weeks and it is now being exhibited in Hanover at the show. Each kit to sell for about $350.00 4.There are other joint venture projects being considered with many other companies. 5.Competition- is effectively met by cost reduction and increased productivity with much success. For instance a 7% decline in some product lines were effectively met without sacrificing profit margin. 6.Increased R&D expenditures by some 36% 7.Capital expenditures of approx. 2 million plus in new equipment etc. 8.Long Term debt reduced by some 500,000 dollars. 9.A 29% increase in new value addition. 10.Tax rate expected around 36-37% for the rest of the year. 11.New product design work going on strong with some 25 customers and approx. 6 of them in the final stages. 12.Q2 normally the weak period but still managed a healthy 54% and 24% YOY (year over year) growth rate in earnings and revenue respectively. Though Q2 a weak period managed to achieve small sequential growth of 2% and 2.6% in earnings and revenue respectively. 13.Expecting strong sales for rest of the year as order books beginning to look pretty healthy already There were some 4 or 5 call-ins from investment bankers/money managers and I believe one of them representing Bank Of America called in as well. This is all I can recall at this time.