Seems that the MM's are always playing with this stock. Can't wait until the daytraders are "weeded" out, when this thing takes off again this year.
RealNetworks Reports Record Results for First
Quarter, Including Revenue Growth of
Broadband-Ready RealSystem G2 Deployed by Leading Infrastructure
Unique Registered Users of Industry-Leading RealPlayer
Top 115 Million, and Over One Billion Songs
Experienced by Digital Music Consumers in
Listen to the call in RealAudio at 2pm PST April 18,
SEATTLE, April 18, 2000 � RealNetworks�, Inc.(Nasdaq:
RNWK), the recognized leader in media delivery on the
Internet, today announced record results for the quarter
ended March 31, 2000.
Net revenues for the
quarter were $53.5 million, an increase of 120% from
$24.4 million in the first quarter of 1999. The Company
reported pro forma net earnings for the quarter of $8.8
million, or $0.05 per diluted share, compared to a pro
forma net loss of $0.5 million, or $0.00 per share in
the first quarter of 1999.
completed its previously announced acquisition of Netzip,
Inc. during the quarter in exchange for approximately
3.4 million shares of RealNetworks common stock. The
transaction, which was valued at approximately $273 million
and was accounted for using the purchase method of
accounting, resulted in goodwill and related charges of
approximately $27 million in the quarter. Including goodwill
and related acquisition charges, net loss for the
first quarter was $18.8 million, or ($0.12) per share,
compared to a net loss of $1.1 million, or ($0.01) per
share in the year ago period.
AMD REPORTS FIRST QUARTER RESULTS
AMD Selected Corporate Data
-AMD earns a record
$189.3 million, or $1.15 per share, on record quarterly
SUNNYVALE, CA --April 12, 2000-- AMD today reported record
sales of $1,092,029,000 and record net income of
$189,349,000 for the quarter ended April 2, 2000. Net income
amounted to $1.15 per diluted share. The company reported
strong growth in each of its product groups - the
Computation Products Group, the Memory Group, and the
Total revenues grew by 13 percent
over the immediate-prior quarter ended December 26,
1999, and by 73 percent over the like period of 1999.
In the immediate-prior quarter, AMD reported sales
of $968,710,000 and net income of $65,080,000, or
$0.43 per diluted share. In the first quarter of 1999,
AMD reported sales of $631,593,000, and a net loss of
$128,367,000, or $0.88 per share.
"AMD had the best
quarter in its history," said W.J. Sanders III, chairman
and chief executive officer. "Each of our product
groups reported significant growth in the first quarter.
Led by strength in PC processors and Flash memory
sales, sales from AMD's three product groups grew by
more than 13 percent sequentially and by more than 83
percent over the comparable period of 1999.
sales of AMD Athlon� processors increased by 50 percent
to 1.2 million units," Sanders continued. "Total PC
processor revenues grew 14 percent sequentially and by more
than 65 percent over the first quarter of 1999. Total
unit sales, including AMD Athlon and AMD-K6� family
processors, reached a new record at nearly 6.5 million units.
Reflecting a richer PC processor portfolio with the
industry's broadest range of high-performance solutions,
revenues from AMD Athlon processors exceeded revenues from
AMD-K6 family processors."
Earnings are on
This stock has been so over sold it is
There is no possible way that we will be
lower either right before or after
if we don't make estimates, this stock
beaten to a pulp!
There is nowhere to go but
Like many of you have said, the run up should be
before earnings. Well, earnings are 3 business days
Look for a jump soon.
Datek is showing RNWK with 10,136,000 in volume
Can anyone confirm this?
Did someone just buy about 7 million in the last hour??
I think this is a glitch.
What are your guesses of the earnings number.
I think they are expected to post -.24
But that could be wrong
I have held this one because I believe in it, and
I guess I have good patience. I have watched
internet stocks go by as my money was tied into CIEN. I
watched CD Now (CDNW) when it was at 7.5. I watched
GeoCities (GCTY) when it was at 18. Wish I could have
gotten into them then. Oh, well I guess I am too
conservative. Am I crazy or does CIEN just scream BUY at you.
And how about People Soft? They are extremely
upper 16. Look, this company should be at 20
without any buyout. Maybe with the Lucent deal, it's
value is more important because CISCO and other
companies might need them.
I wouldn't be surprised if
they hold the gains today and stick between 16 and 17
for a while if the rumor isn't true.
If it is
true, then we shoot to the moon.
Just my 2