Saw DRAM mentioned on another board. I remember this company from a really, really long time ago, went through numerous booms and busts, still going in 2013! Now as far as I know this tiny company doesn't make DRAM rather buys it to make their end user products. So they are not in a potentially lucrative position like MU and maybe SNDK, but could still benefit by passing though higher prices if they can keep up their margins. This company's tiny cap is of interest. what is the bull case? Tia
I expect a big jump in revenues when the company reports the results of the quarter ending April 31, 2013. But those revenues/earnings will pale compared to upcoming quarters since revenues from the AMD-DRAM memory manufacturing agreement start to have a significantly positive effect.
Read carefully what DRAM's CEO concluding remarks in last quarterly earnings report:
John H. Freeman, Dataram’s president and CEO commented, “The economy and especially the semiconductor industry continued to be soft during most of the Company’s third quarter, due to oversupply of raw materials and reduced customer infrastructure investment. Since the close of our third quarter on January 31, 2013 we have seen an increase in pricing which can positively impact our memory business for the balance of the fiscal year and beyond.”
Mr. Freeman concluded, “In addition to a healthier semiconductor industry, we continue to develop and expand our relationship with Advanced Micro Devices, Inc., which together with our RAMDisk agreement and other new opportunities we are currently pursuing should provide new sources of revenue, profit and growth for Dataram in 2013 and beyond. ”