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Technology Stocks : 3D Labs -- Ignore unavailable to you. Want to Upgrade?

To: Piranha who wrote (832)	11/4/1998 6:27:00 PM
From: Larry Brew	Respond to of 1010

OK, you flesh eating fish, :-) << rationalization for upside >> Below is the quarterly report. Very ugly. Also, there has been no insider trading. Hypothesis is: This puppy is for sale! TABLE - 3Dlabs Inc Ltd Q3 results October 28, 1998 04:18 PM HAMILTON, Bermuda, Oct. 28 (Reuters) - 3Dlabs Inc. Ltd. Condensed Consolidated Statements of Operations (in $000s, except per share amounts) (unaudited) Three Months Ended Sept. 30, 1998 --------------- 1997 Revenues Products 4,047 -----------11,000 License, royalty and other 95 ------------2,719 Total revenues 4,142 ------------13,719 Cost of revenues 2,542 -------------7,677 Gross profit 1,600 -------------6,042 Operating expenses Research and development 3,214--------------1,435 Sales and marketing 3,053 -------------2,508 General and administrative 1,012 ---------------584 Total operating expenses 7,279 -------------4,527 Acquisition related charges 3,241 --------------- -- Write-off of acquired in-process research and development 2,200 --------------- -- Total expenses 12,720 -------------4,527 Income (loss) from operations (11,120) -------------1,515 Other income 187 ---------------309 Income (loss) before taxes (10,933)--------------1,824 Provision for income taxes 300 ---------------182 Net income (loss) ( 11,233)--------------1,642 ______________________________________________________________ Net income (loss) per share (0.66) ------------- 0.10 ______________________________________________________________ Shares used in computing net income (loss) per share (000s) 16,946 ------------16,169 ((Los Angeles Newsdesk 213-380-2014)) REUTERS Larry