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To: Michael G. Potter who wrote (9285)11/27/1998 11:34:00 AM
From: Michael G. Potter  Read Replies (1) | Respond to of 16960
 
Here are some NVIDIA financials from their IPO prospectus:

QUARTER ENDED
----------------------------------------------------------------------
MARCH 30, JUNE 29, SEPT. 28, DEC. 31, APRIL 26, JULY 26, OCT. 25,
1997 1997 1997 1997 1998 1998 1998
---------- -------- ---------- -------- --------- -------- --------
<S> <C> <C> <C> <C> <C> <C> <C>
STATEMENT OF OPERATIONS
DATA: (IN THOUSANDS, EXCEPT PER SHARE DATA)
Revenue:
Product............... $ 65 $ 6 $ 5,154 $22,055 $24,642 $ 10,963 $51,150
Royalty............... -- -- 312 1,479 3,621 1,171 1,153
------- ------- ------- ------- ------- -------- -------
Total revenue....... 65 6 5,466 23,534 $28,263 $ 12,134 $52,303
------- ------- ------- ------- ------- -------- -------
Cost of revenue......... 208 150 4,548 16,338 20,873 12,961 33,566
Gross profit (loss). (143) (144) 918 7,196 7,390 (827) 18,737
Operating expenses: Research and
development.......... 616 512 2,390 3,585 4,642 5,724 6,290
Sales, general and
administrative....... 385 569 1,070 2,159 3,885 3,962 4,697
------- ------- ------- ------- ------- -------- -------
Total operating
expenses........... 1,001 1,081 3,460 5,744 8,527 9,686 10,987
------- ------- ------- ------- ------- -------- -------
Operating income (loss). (1,144) (1,225) (2,542) 1,452 (1,137) (10,513) 7,750
Interest and other
income (expense), net.. (32) (40) (30) (28) 27 22 11
------- ------- ------- ------- ------- -------- -------
Income (loss) before tax
expense................ (1,176) (1,265) (2,572) 1,424 (1,110) (10,491) 7,761
Income tax expense
(benefit).............. -- -- -- -- (89) (839) 620
------- ------- ------- ------- ------- -------- -------
Net income (loss)... $(1,176) $(1,265) $(2,572) $ 1,424 $(1,021) $ (9,652) $ 7,141
======= ======= ======= ======= ======= ======== =======
Basic net income (loss)
per share.............. $ (.10) $ (.11) $ (.19) $ .10 (.07) (.68) .50
======= ======= ======= ======= ======= ======== =======
Diluted net income
(loss) per share....... $ (.10) $ (.11) $ (.19) $ .06 (.07) (.68) .26
======= ======= ======= ======= ======= ======== =======
Shares used in basic per
share computation...... 11,578 11,662 13,328 14,074 14,141 14,148 14,165
======= ======= ======= ======= ======= ======== =======
Shares used in diluted
per share computation.. 11,578 11,662 13,328 24,942 14,141 14,148 27,774
======= ======= ======= ======= ======= ======== =======



To: Michael G. Potter who wrote (9285)11/27/1998 11:41:00 AM
From: Bob Howarth  Read Replies (1) | Respond to of 16960
 
What a coincidence. High operating income October 1998. Golly.



To: Michael G. Potter who wrote (9285)11/30/1998 3:49:00 PM
From: view  Read Replies (1) | Respond to of 16960
 
I know they did about $80 last quarter and will do about $70 to 75 this quarter.
What makes you think that they did not make money?