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Technology Stocks : Phoenix Technologies (PTEC) -- Ignore unavailable to you. Want to Upgrade?


To: Ahmad Sinno who wrote (3008)1/11/1999 6:38:00 PM
From: Mark Soileau  Read Replies (2) | Respond to of 3624
 
Earnings are to be released next week. Anyone seen any projected earnings estimates (FirstCall, Zacks, etc.)?

-JMS



To: Ahmad Sinno who wrote (3008)1/11/1999 8:49:00 PM
From: Jules B. Garfunkel  Read Replies (1) | Respond to of 3624
 
Hello Ahmad,
It is difficult to answer your question. Until now PTEC's compensation from Intel has been based on a fixed fee. Unless Intel exceeds the predetermined minimum, then, and only then, does Phoenix get paid incrementally. Of course, this does not apply to the OEM box makers, and I would hope the recent strong demand for PCs, as well as Phoenix being able to hold, or increase prices for their more complex BIOSs will bode well for PTEC going forward.
Jules