3dfx and nVidia Earnings
Well, this came as a bit of a surprise, especially to my f***ing stock portfolio. News.com has a good report on the earnings reports of nVidia and 3dfx. Here's the numbers.
[nVidia] Revenue came to $78 million, a 543 percent increase over $12.1 million for the same period the year before, while earnings came to $6.7 million, contrasting with a net loss of $9.7 million. [snip] ... 3dfx has seen revenues nearly double from $58.9 million to $104.8 million but income decline from $9 million to losses of $11.6 million. Even if one-time charges for STB are excluded, the losses come to $4.3 million for the fiscal quarter that ended July 31.sigh. You can share my pain right here. Have at it on the comments board.
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tlfgp
reply3DFX stock is an awesome buy right now. Much to Jack\'s dismay this was expected considering 3dfx\'s expected earnings. The silver lining is that 3dfx was not allowed to include any of the superb sales figures of the Voodoo3 line of cards. While at the same time having to include all the costs of the STB merger in thier operating costs. Expect the next quarter earnings report to be HUGE and the buzz around the Voodoo4 to be in full swing. Considering that NV-10 is sucking so bad and that 3dfx has never promised more out of a card than they delivered, Voodoo4 will sell tons. Jack, I think your money is safe with this company(for a while). Although, that whole buy low, sell high thing kind of applies here. :(
