Thursday, July 11, 2002 12:32:52 AM
The mysterious (and, I think, first time)Yahoo poster who boldly indicated that 2Q revenues will be $9.7M caught my attention because it was a simple statement of "fact" and a rather exact number at that. Insider information?? As I tried to develop in that post, I feel that TMTA's guidance for 2Q was purposely low, and the apologetic tone of Murray's and Hugh's comments during the last CC seemed to me to indicate as much. So, I have been expecting TMTA to beat the upper guidance, perhaps significantly. I really don't think $9.7M is out of the question. We really don't know how the success of the Fujitsu 2040/LOOX and Sony Vaio U will affect the Q's bottom line, but TMTA could not have adequately forecast the success of these products in their 2Q guidance. Also, hopefully, margins improved this Q, as they were very low in 1Q. We really could be pleasantly surprised by 2Q revenues. If the Sony U is the top-selling laptop in Japan, Sony must have stepped up orders for TM5800s during 2Q.
IAE, we will know next week.
regards, wsh
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