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Technology Stocks : Nimbus CD International -- Ignore unavailable to you. Want to Upgrade?


To: Carmine Cammarosano who wrote (1480)4/19/1998 4:15:00 PM
From: Jim Fraser  Read Replies (2) | Respond to of 1673
 
Carmine,
Thats right, but there were several major delays in the intro of DVD (adding up to more then a year) around that period hence the numbers were revised down, (along with the stock price).

The Estimates for FY98 are .64, (range .62-.65) (for fiscal qtr march 1998 .16)
For FY99 which is .82 (range .75-.96)

beta.nasdaq.com

Last year (the March 1997 qtr) NMBS made .08 which was a -11.1% surprise (est were for .09). I expect we will do better that this is year)

I'll give NMBS through the New Year to get moving. After that I'll review my position and may chalk it up as a stale choice. I am still pretty positive for the rest of the year however. Even with all the hoop-la DVD sales are just getting going. They are finally appearing in computers now and the number of movie titles have expanded greatly since Xmas. And NMBS is 1 of 2 Divex replicators which is launching next month (give or take). This should be worth a few cents to the bottom line at least for a couple qtrs. (IMHO)
NMBS has a great opportunity, lets hope they grab it before the competition does.

Jim