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Politics : RAMTRONIAN's Cache Inn -- Ignore unavailable to you. Want to Upgrade?

To: gammaray who wrote (5460)	5/11/1998 4:38:00 PM
From: Lou	Read Replies (4) \| Respond to of 14464

Solid notes on conference call-Lee Brown/ Doug-------- Lee Brown called me this a.m. in response to my e-mail message. He was unable to FAX or release copies of prepared speeches, (The lawyers won't let him send or FAX copies of speeches to anyone), but was kind enough to spend several minutes with me on the phone. We discussed items other than what has been released via the earnings announcement on Thursday: In the EDRAM area..... $400,000.00 in new business during first qtr. Book to bill = 1.1 to 1.0 The big buyer was Mylex -- RAID Disk Controllers Other buyers are Fore Systems and Octel (Lucent). Margins are 40% with ASP's in the $10.00 range. With FRAM..... 120% increase in sales. Production yields very good First wafer = 80% - 85% yield Post packaging = 99%+ Hewlitt Packard has been a buyer of FRAM for use in their laser analyzers. Fujitsu and Ramtron to present several designs at the VLSI Symposium in June (in Hawaii) Hitachi deposition issues almost solved. 90% of problems found. Maybe production by the end of the year. SGS-Thomson is extremely interested. Looks like they'll skip Phase 2 (which was to fund improvements to the RMTR Fab). Plans are to go directly to Phase 3 by putting FRAM in their advanced .35 micron Fab in Sicily. No link between the 424B3 registration and an SGS-T investment. Starting a consortium effort for R&D on advanced FRAM with current partners and some unnamed others. Additional analysts....The one they were hoping for, changed companies and moved to the west coast. They basically have to start over, and have focused on a 2nd tier technical bank (unnamed when prompted). Agrees that earnings and overhang hurt their efforts to secure more coverage. Sustained quarter-over-quarter earnings and placement of the overhang will bring more interest from analysts and mutual fund managers. Overhang....The recent 19+ million share 424B3 registration does not mean the selling holders intend to sell. Ramtron was required to file this form under SEC rules and does not state anything that wasn't already known. It implies a "status of saleability" of shares that were registered under Ramtron's name when the Debt to Equity deal took place a few years ago. ( I hope I understood him correctly, but thats the jist of it). As far as he knows, The Benton Liquidating Trust and NTC Liquidating Trust are interested in a private placement of their shares, rather the selling on the open market. BEA on the other hand, has been selling and is interested in obtaining prices at or over $5.00. Overall, management is very up-beat. Sales have increased nicely and the revenue numbers were obtained virtually without the help of licence revenues. (Mike Gumport was disappointed the stock didn't get more attention on Friday.) Again, Lee was very kind to respond to my requests, and I appreciate his willingness to talk about the conference call from his notes. That's the best I can do. Doug ******************************************************************* Neil: Reposted from the top----Lou [Maybe, and its not good, that I am falling into Hiram's camp. I should not have posted 3:00 EDT, because of late the small ups have not been sold into until the next morning. I hope this doesn't happen. I do have a second e-mail address, and it is jimbean@bellsouth.net. So we have a Hiram, a Jim and maybe there is a Johnny Walker out there for RMTR's big day (year?) when (ever) it comes. I hope it's not Jan 2, 2000 because my computer may not work then. I am going to repost this at the end, because what Doug is sending is far more important.]