Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Stuart C Hall who wrote (10803)	2/23/1999 2:28:00 PM
From: Sun Tzu	Read Replies (1) \| Respond to of 16960

The cards should start shipping to OEMs in Apr/Aug/Nov. Announcements happen 4 weeks before to 2 weeks after. Of course, these are all rough estimates. Sun Tzu

To: Stuart C Hall who wrote (10803)	2/23/1999 7:17:00 PM
From: Stuart C Hall	Respond to of 16960

Shamelessly stolen from the NVDA thread: To: Synapsid (84 ) From: Synapsid Tuesday, Feb 23 1999 6:07PM ET Reply # of 85 NVIDIA has posted a net profit of $7.7 million on revenues of $65.5 million, for the quarter ended January 31. biz.yahoo.com For the fiscal year, NVIDIA is already profitable because they had a great previous quarter also (ended October 31). With a bit of creativity, you could say that NVIDIA now is the #2 or #3 graphics chip company behind ATI (and possibly Matrox) in terms of revenues, at least for the previous 6 six months. There's no specific product-related info in the release, although the quote about growing momentum and market share (outlook on 1999) sounds optimistic. Comparing with the previous quarter, which is perhaps more meaningful than the comparison with a year ago as given in the release, revenues increased from $52 million to $65.5 million, while net income increased from $7.1 million to $7.7 million. The relatively small increase in income given the higher revenue level is due to R&D increasing from $6.3 to $8.4 million, and SGA from $4.7 to $6.4 million. Gross margins were relatively stable, decreasing from 35.8% in the previous quarter to 35.3 percent, probably associated with lower ASPs offset by higher units volumes. I don't expect NVIDIA to be able to sustain this momentum in the short term, given that their next generation product has not yet been announced, but with the TNT chip they don't seem to be as badly positioned as in previous product transitions (RIVA 128/ZX to TNT).