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Netlist, Inc. (NLST)


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1.24+0.02 (+1.64%)
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  • DEBT
    Short term: $1.4M revolving line of credit $0.2M current portion long term debt.
    Long term: $14.4M convertible note (Samsung) interest rate @ 2% due December 2021.
    > Someone here keeps bringing up BK. I personally think NLST's debt level is manageable as sales continue to grow. Quarterly sales have doubled in 12 months from $4.6M to $9.4M. Another board member Koko posted an article in Korean which stated sales to grow by 10 times this year. I dont 100% believe the statement by JB Kim but even a conservative triple growth would be significant enough to bring up PPS above $2s. Currently free CASH is $7.7M (excludes restricted cash for Silicon Valley Bank $3.1M) sufficient for 12 months. Although NLST's cash situation makes me a little nervous.. upside is that inventory is loaded with $4.5M. Past 5 quarters inventory trend is: $1.6M -> $2.0M -> $3.0M -> $3.2M -> $4.5M (current). I will believe 10 times growth in sales statement after looking at next 10Q's inventory. Btw from Apr 2016 cost of DRAM skyrocketed by 50% in the past 12 months. https://epsnews.com/2017/04/17/ic-insights-dram-market-to-grow-39-in-2017/
    According to 10Q page 30, JLDA with Samsung grants NLST competitively priced DRAM & NAND so that's a nice hedge by NLST to boost competitiveness and extend cash flow.

  • Totally agree, Kanny. I assessed this issue recently. They have cash and credit line to be fine. I think they go cash flow positive in Q3. Hybridimm is an issue. But I think Samsung will step up on that one
  • Goodbye, day traders. Lol!
  • Big block! 283k in a second...
  • knuckleheads
  • Any news from/about the B. Riley call?
  • Change the bet to a 25-year-old bottle of McCallan's scotch, and perhaps you will get some takers!
  • How could everyone around you being doing well except for you?
  • C.K. Hong, Netlist's Chief Executive Officer, will be presenting at the B. Riley & Co. 18th Annual Investor Conference in Santa Monica, California at 8:30 a.m. PT (11:30 a.m. ET) on Wednesday, May 24, 2017.
    GLTA
  • Today, it seems like everyone is talking about machine learning and artificial intelligence. Nvidia seems to be leading this craze with their GPU's. But it doesn't really stop there. Other technology is needed to keep pace.

    A research note by Jeffries and Company gave a summary of machine learning. They indicate that Amazon is disrupting the field and there are a couple things to consider.
    1) The launch of machine-learning services by Amazon should lead to earlier-than-expected mass adoption
    2) The adoption of FPGA's for artificial intelligence should boost demand for IT hardware

    The obvious beneficiaries are companies like Nvidia and Xilinx. But Mr. Do also pointed out that machine learning requires rapid input/output of data and expects an increase in demand for NAND flash which provides relatively fast data processing. Beneficiaries here would include Samsung, Hynix, Micron and Toshiba.

    No, Nvidia/AMD (GPU's) and Xilinx (FPGA's will not be the only beneficaries. Mr. Do believes that machine learning would put a greater emphasis on the memory "hierarchy" in computing, leading to a greater emphasis on NAND flash chips. Although flash is faster than HDDs, even NAND flash does not provide the speed needed to match the input/output of data processed by FPGA's and GPU's. So what is happening? Industry leaders like Intel, Samsung, HP and Micron are focusing on developing and eventually using "SCM" or "storage class memory" to replace NAND flash.

    Yes, isn't that a field we expect to play in? Isn't that why UBER and Carnegie Mellon are already using NLST technology in autonomous driving vehicles.
  • I looked into SK Hynix stock discussion board in Korea.
    Not much information out there about case versus Nlst but here is what I gathered so far.
    Apparently SK Hynix and Nlst were very very close to signing a cross-licensing deal.
    Negotiation was assisted by JB Kim, GM of Netlist Korea. He was previously the architect of SK Hynix's DRam operation before joining Nlst.
    However in the end SK Group (parent company) did not approve SK Hynix's proposal and the deal fell apart. Within a month Samsung made the deal with Nlst instead.
    Is SK Hynix loses this case it will impact 5% of total revenue.
    GLTA
  • Latest 10Q noted, net proceeds from Sep-2016 offering was $10.3M sufficient to operate business for the next 12 months at least. Correct me if I am wrong please. Does this mean that Sep-2017 is the approximate time for additional financing? Or am I suppose to translate as "sufficient for the next 12 months starting from Q2"?
    Cash on book as of Apr-2017 was $7.7M (Previously quarter was $9.4M).
    GLTA
  • you idiots need need an outlet this one only works so far vegas i have hotel you do the rest
  • Maybe someday we see a PO for EV-3
    http://www.prnewswire.com/news-releases/inspur-selects-netlist-as-a-strategic-supplier-of-non-volatile-memory-300307595.html
    GLTA

    Inspur Selects Netlist As A Strategic Supplier Of Non-Volatile Memory
    IRVINE, Calif., Aug. 2, 2016 /PRNewswire/ -- Netlist, Inc. (NASDAQ: NLST), announced today that Inspur has...
    www.prnewswire.com
  • I have them in ignore, but I've got to laugh at pip and the other bashers now with their mantra of $4 mil/quarter cash burn and BK by August. That clearly isn't happening now as evidenced by the Q1 burn. I expect they will be cash flow positive by Q3 at latest.
  • For all the bulls buying Netlist because of this Hynix case . . .
    It does sound as though Netlist has a strong case, but I don't think anyone would disagree that Netlist had an even stronger case against Diablo. We had a whistle blower who said Diable stole our tech and we had a judge that had seen evidence prior to the trial who said the evidence was so strong that she put an injunction on future sales of Sandisk product. Just because we have a three judge panel making the decision does not mean that there aren't issues to which none of us are privy. Hynix had Netlist's entire case before ever deciding to go to trial and they decided their chances were good enough to risk their business on the outcome. They are very confident they are going to win.
    Keep that in mind when you place your next buy order.
  • SK Hynix says will bid for Toshiba's memory chip business as part of a consortium

    Reuters ReutersMay 19, 2017Comment
    SEOUL (Reuters) - South Korea's SK Hynix Inc <000660.KS> said on Friday it will submit a final bid for Toshiba Corp's <6502.T> memory chip business as part of a consortium.

    The company did not say what other companies were in the consortium.

    People familiar with the matter told Reuters earlier on Friday SK Hynix will be part of a consortium led by U.S. buyout firm Bain Capital LP, which seeks to buy a majority stake in the Toshiba chip business, offering around 1.5 trillion yen ($13.49 billion).
  • bag binch has a huge sac..
  • i see no reason of why nlst has to follow the markets' drop.
    the most important parts of the cc was this.
    Jamison Y. Phillips-Crone, B. Riley & Co -

    Okay. That's helpful. And then moving towards the ITC case. So it seems like you guys have a good case, and I think it sounds like everyone's expecting a favorable ruling. Assuming that there is the final ruling in October, what is the latest time that you guys could see payments for licensing assuming everything goes as planned?

    Chun Ki Hong, Netlist, Inc -

    Jamison, I don't want to speculate on the timing. There is a ruling, I believe it's October 10th is the date. That will really be the first ruling from the judge that oversaw the case, the trial. We are -- we have spoken to hynix through this process. And I'm sure we will have opportunities to continue to speak to them. So -- and we did our -- we believe we made a strong showing at the trial. So I believe we are in a good position overall in this case.

    it's a very promissing words from the ceo.
    glta