Lexar Media, bald wieder gegen Norden? - 500 Beiträge pro Seite

[Dere]

Lexar Media Schedules Fourth Quarter and Fiscal 2003 Conference Call
THURSDAY, JANUARY 08, 2004 4:05 PM
- BusinessWire






FREMONT, Calif., Jan 8, 2004 (BUSINESS WIRE) -- Lexar Media (LEXR) is scheduled to report financial results for the fourth quarter and year ended December 31, 2003 on Thursday, January 29, 2004 after the market close. The Company will host a conference call to discuss its financial results and outlook at 2:00 p.m. PT (5:00 p.m. ET).

To participate on the live call, analysts and investors should dial 800-218-0713 at least ten minutes prior to the call. The call will also be webcast and can be accessed from the "Webcasts" section of Lexar Media`s investor relations web site at http://www.lexarmedia.com/ir/. A telephonic replay will also be available for 48 hours by dialing 800-405-2236 and entering the passcode: 566029#.

About Lexar Media, Inc.

Lexar Media, Inc. is a leading designer, marketer and licensor of award winning removable flash-based digital storage media, card readers and ATA controller solutions for the digital photography, consumer electronics, industrial and communications markets. Lexar Media brands digital memory cards in the industry`s most popular formats including CompactFlash, SmartMedia, Memory Stick, MultiMediaCard and SD. As a digital storage innovator, Lexar Media was the first to develop and advance proprietary read-write speed standards for its USB-enabled CompactFlash cards and holds over 60 controller and system patents. Licensees of Lexar Media`s technology include Olympus, SanDisk, Samsung Electronics and Sony. Headquartered in Fremont, California, Lexar Media also has offices in London and Tokyo. Lexar Media is a member of the Russell 2000 Index. For more information, please call 1-800-789-9418 or visit www.lexarmedia.com

[Quappo]

Endlich rührt sich mal was bei LXR. Hab mich die letzten Wochen immer gefragt warums die so runterzieht. News (egal ob schlecht oder gut) waren ja eigentlich keine zu finden.
Hoffe nur das die Zahlen gut sind und Lexar wieder nach oben läuft.
@Dere
Hast Du schon etwaige Zahlengerüchte gehört?

Pax
Quappo

[Dere]

Servas Quappo.

Nee hab noch nicht´s gehört. Kommen am 29.01.

Gefallen ist sie an dem Tag an dem Sandisk u.a. die Zahlen
gebracht hat. (Zahlen waren sehr gut Sell on good news)

SNDK ist im ähnlich Marktsegment wie LEXR.

Mein Tipp LEXR wird ähnlich gute Zahlen rausbringen.
Langfristig ein Kauf - aber das weißt du ja.

Bin schon auf Sohu und Sina gespannt.

Gruß
Dere

[Dere]

Lexar Media More than Doubles Annual Revenues to $412 Million Fourth Quarter Revenues of $177 Million Increase 80% Sequentially and 171% Year-over-Year; Fourth Quarter Earnings Total $0.21 per Diluted Share


FREMONT, Calif., Jan 29, 2004 /PRNewswire-FirstCall via COMTEX/ -- Lexar Media,
Inc. (Nasdaq: LEXR), a leading manufacturer and marketer of high-performance
digital media and accessories, today reported record financial results for the
fourth quarter and year ended December 31, 2003.

Total fourth quarter revenues of $177.5 million increased 80% sequentially from
$98.7 million in the preceding quarter and 171% from $65.5 million in the same
period last year. Product revenues of $172.8 million increased 83% from $94.3
million in the preceding quarter and 183% from $61.2 million in the same period
last year. Gross margin for the quarter was 24%, compared to 27% in the
preceding quarter and in the fourth quarter of last year. Net income was $18.9
million, or $0.21 per diluted share, as compared to $9.7 million, or $0.12 per
diluted share, in the preceding quarter and $5.6 million, or $0.08 per diluted
share, in the same period last year.

Revenues for the year ended December 31, 2003, were $412.3 million, a 137%
increase from $174.0 million for the year ended December 31, 2002. Product
revenues of $394.6 million for 2003 increased 152% from $156.7 million for 2002.
Net income was $39.9 million, or $0.49 per diluted share in 2003, as compared to
$4.0 million, or $0.06 per diluted share in 2002.

"2003 proved to be a phenomenal year for Lexar as we more than doubled our
revenues on an annual basis and generated more revenue in the fourth quarter
than for all of 2002 combined," said Eric Stang, Lexar Media`s chairman, CEO and
president. "During the year, we successfully grew our storefronts and expanded
our product offerings beyond digital cameras into the rapidly growing USB flash
drive market. Our ability to meet our customer requirements despite a general
industry-wide flash shortage and unprecedented demand levels during the holiday
period is a testament to the strength of our fabless business model and our
valued partnership with key suppliers. We look forward to 2004 and beyond as we
expect our core technology assets to become increasingly integral to the
performance of feature rich digital devices."





Corporate Highlights

Lexar Media recently:



-- Began sampling Samsung Electronics` first 8Gb NAND flash memory device.

The new high-density chips, combined with Lexar`s next-generation

controller technology will enable Lexar to increase the performance and

storage capacity of its award winning memory cards and USB flash

drives.

-- Added Paris Sud Electronique as a distributor of its digital media

products and accessories through a network of over 600 companies in

France.

-- Commenced retail shipments in Japan of the Lexar Media miniSD(TM) card,

specifically designed for the mobile phone market, which is

increasingly adding storage intensive applications to phones including

digital cameras, digital video, MP3 players, PDAs, games and email.

-- Expanded its product line of JumpDrive USB flash drives with the

addition of Traveler, Music, Sport and Elite versions for a wide

variety of users and functionality; introduced JumpGear-MP3, a digital

audio player that utilizes and increases the functionality of JumpDrive

Sport as its storage medium; introduced a 2GB version of JumpDrive Pro;

and, introduced the second generation JumpDrive Secure 2.0 offering

enhanced security software with file encryption and USB 2.0.

-- Introduced ImageRescue 2.0, an enhanced version of its popular image

recovery software now capable of recovering "lost" or deleted digital

images from any memory card, regardless of format or manufacturer.

-- Settled its patent dispute with SimpleTech, Inc. whereby both parties

agreed to a mutual dismissal of the lawsuit and SimpleTech has taken a

royalty-bearing license under Lexar`s patents for past and future sales

of Memory Stick products.

-- Began offering two new compact, portable, high-speed FireWire and USB

2.0 CompactFlash readers offering faster downloading of digital images

with data transfer speeds up to 400Mb/s and 480Mb/s, respectively.

Financial Outlook for 2004

In commenting on the Company`s outlook, Mr. Stang continued, "For the first
quarter of 2004, we are projecting revenues of at least $140 million and net
income of approximately $0.10 per diluted share. Our guidance for the year calls
for product revenue growth of 50% to 75% over 2003. We anticipate that product
gross margins for 2004 will be in our target range of 20% to 24%, with margins
improving in the second half of the year towards the higher-end of the target
range as additional industry capacity comes on-line and flash prices are
reduced. Operating expenses in 2004 are expected to increase in conjunction with
anticipated growth in sales volume. In addition, we expect to increase our
investment in research and development over 2003. Assuming a conservative
outlook for licensing revenues, net income for the year is projected to be
approximately $0.60 per diluted share."

Conference Call

The Company will host a conference call to discuss its financial results and
outlook today at 2:00 p.m. PST (5:00 p.m. EST). To participate on the live call,
analysts and investors should dial 800-218-0713 at least ten minutes prior to
the call. The call will also be webcast and can be accessed from the "Webcasts"
section of Lexar Media`s investor relations web site at
http://www.lexarmedia.com/ir/ where an archive of the conference call will be
available for one year.

About Lexar Media, Inc.

Lexar Media, Inc. is a leading designer, marketer and licensor of award-winning
removable flash-based digital storage media, card readers and ATA controller
solutions for the digital photography, consumer electronics, industrial and
communications markets. Lexar Media brands digital memory cards in the
industry`s most popular formats including CompactFlash, SmartMedia, Memory
Stick, MultiMediaCard and SD. As a digital storage innovator, Lexar Media was
the first to develop and advance proprietary read-write speed standards for its
USB-enabled CompactFlash cards and holds over 60 controller and system patents.
Licensees of Lexar Media`s technology include Olympus, SanDisk, Samsung
Electronics and Sony. Headquartered in Fremont, California, Lexar Media also has
offices in London and Tokyo. Lexar Media is a member of the Russell 2000 Index.
For more information, please call 1-800-789-9418 or visit www.lexarmedia.com.

Cautionary Note Regarding Forward-Looking Statements

This news release contains forward-looking information within the meaning of
Section 27A of the Securities Act of 1933 and Section 21E of the Securities
Exchange Act of 1934 and is subject to the safe harbor created by those
sections. These forward-looking statements include statements related to
projections about our business and financial outlook, including the statements
in the section entitled "Financial Outlook for 2004," anticipated consumer
demand for digital still cameras and portable storage devices generally and
demand for our products in particular, as well as the growth of the digital
media and digital photography markets. These forward-looking statements involve
a number of risks and uncertainties that could cause actual results to differ
materially from those anticipated by these forward-looking statements. These
risks include: our operating results and gross margins are difficult to predict
and may fluctuate significantly; if we are unable to obtain sufficient
quantities of flash memory in a timely manner and at competitive prices, we may
not be able to manufacture and deliver flash memory products to satisfy our
customers` requirements, compete effectively in the market or maintain our
targeted gross margins; as our licenses transition from fixed to variable, our
licensing revenues may decline or end and we may be unable to secure new license
or royalty revenue; if we are unable to manage our inventory levels operating
results will be negatively impacted; future average selling prices may erode due
to excess industry capacity and extreme price competition; the solid-state
storage market has evolved and is evolving and we may have to pay a royalty to
sell certain flash card formats or may not be able to obtain rights to
manufacture them at all; many of our retail customers and distributors have
price protection which could require us to make large payments if we reduce
prices; if we are unable to anticipate demand and pricing of our products or if
we are unable to effectively manage the distributor channels and relationships,
our operating results will be harmed; increased competition in the digital film
market may lead to a decrease in our revenues and market share; we must be able
to develop and introduce new products and services on a timely basis that are
accepted by our customers and consumers in order to compete effectively; if we
are unable to achieve or maintain our technology leadership position or to
obtain rights to develop and manufacture new form factors on acceptable terms,
our gross margins and revenues would likely decline significantly; and we are
involved in intellectual property litigation, and may become involved in
additional litigation, that could divert management`s time and attention, be
time- consuming and expensive to defend and limit our access to important
technology. Readers should also refer to the risk factors described in Lexar
Media`s filings with the Securities and Exchange Commission, including its
Quarterly Report on Form 10-Q for its fiscal quarter ended September 30, 2003,
filed with the Securities and Exchange Commission on November 14, 2003. Lexar
Media assumes no obligation to update the forward-looking information contained
in this news release.

NOTE: Lexar Media, JumpDrive and the Lexar Media logo are trademarks of Lexar
Media, Inc. Lexar Media, Inc. is an authorized licensee of the CompactFlash
trademark. All other brand or product names are trademarks or registered
trademarks of their respective holders.







LEXAR MEDIA, INC. AND SUBSIDIARIES

CONDENSED CONSOLIDATED STATEMENTS OF INCOME

(in thousands, except per share amounts)

(unaudited)





Three Months Ended Twelve Months Ended

Dec. 31, Dec. 31, Dec. 31, Dec. 31,

2003 2002 2003 2002



Net revenues:

Product revenues $172,830 $61,173 $394,562 $156,744

License and royalty revenues 4,638 4,368 17,703 17,295

Total net revenues 177,468 65,541 412,265 174,039

Cost of product revenues 134,997 48,036 306,817 128,199

Gross margin 42,471 17,505 105,448 45,840



Operating expenses:

Research and development 2,630 1,681 8,148 6,021

Sales and marketing 11,411 5,672 32,623 17,811

General and administrative 6,545 4,152 20,056 11,441

Restructuring credit -- (171) -- (171)

Total operating expenses 20,586 11,334 60,827 35,102



Income from operations 21,885 6,171 44,621 10,738



Total other income and (expense) (56) (248) (523) (276)



Income before income taxes 21,829 5,923 44,098 10,462



Income taxes 2,969 349 4,186 6,453



Net income $18,860 $5,574 $39,912 $4,009



Net income per common share:

Basic $0.24 $0.09 $0.57 $0.07

Diluted $0.21 $0.08 $0.49 $0.06



Shares used in computing net

income per common share

calculation:

Basic 77,618 61,604 70,557 59,918

Diluted 90,425 71,840 81,792 66,644





LEXAR MEDIA, INC. AND SUBSIDIARIES

CONDENSED CONSOLIDATED BALANCE SHEETS

(in thousands)

(unaudited)



ASSETS



December 31, December 31,

2003 2002





Current assets:

Cash and cash equivalents $115,698 $47,383

Restricted cash 5,000 5,000

Accounts receivable, net 89,579 42,609

Inventories 99,620 25,604

Prepaid expenses and other current

assets 10,097 2,397

Total current assets 319,994 122,993



Property and equipment, net 3,579 2,887

Intangibles and other assets 1,101 1,041

Total assets $324,674 $126,921







LIABILITIES AND STOCKHOLDERS` EQUITY



Current liabilities:

Accounts payable and accrued

liabilities $126,638 $43,663

Deferred license revenue and product

margin 11,066 22,352

Notes payable -- 14,568

Total current liabilities 137,704 80,583



Deferred license revenue, net of

current portion 691 4,724

Other non-current liabilities -- 49

Total liabilities 138,395 85,356



Total stockholders` equity 186,279 41,565

Total liabilities and stockholders`

equity $324,674 $126,921

[Dere]

Lexar Media`s CompactFlash(TM) Memory Cards Used and Endorsed by Respected Sports Illustrated Photographers
2/10/2004 8:02:00 AM









FREMONT, Calif., Feb 10, 2004 /PRNewswire-FirstCall via COMTEX/ -- Lexar Media, Inc. (LEXR) , a leading manufacturer and marketer of high-performance digital media and accessories, today announced its ongoing relationship as the supplier of digital media cards to the professional photographers at Sports Illustrated. The magazine`s photographers currently use more than 1,000 Lexar Media CompactFlash(TM) cards, primarily in 512MB and 1GB capacities.







CBS MARKETWATCH TOP NEWS
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Sports Illustrated selected Lexar Media as its supplier of CompactFlash cards for a variety of reasons -- including the company`s ability to deliver storage media with fast data write speeds and professional-level reliability. To date, the photographers at Sports Illustrated have not "lost" a single image stored on a Lexar Media card.

"Our photographers are on the sidelines of the world`s most exciting sporting events and they never know which image will be next week`s cover shot," said Philip Jache, Deputy Picture Editor, Sports Illustrated. "Knowing that all critical action can be immediately captured and safely stored provides a high degree of confidence for both our photographers and editors. Our staff photographers use the industry`s most respected equipment and Lexar`s cards make that gear even better," he added.

"The photographers at Sports Illustrated are among the many professionals who have turned to Lexar Media for memory cards that write data quickly and capture images reliably," said John Omvik, Director of Professional Products Marketing, Lexar Media. "Teams win or lose games and matches based on split-second timing, but thanks to the technology in our cards -- and the skill of the professionals on the sidelines -- none of the action is missed," he added.

Lexar Media professional-level CompactFlash cards are currently available in a range of capacities, from 256MB to 4GB, and also incorporate the company`s Write Acceleration (WA) technology to enhance speed in certain cameras and Image Rescue(TM) software to recover seemingly lost or deleted images.

[NoamX]

Hallo,

nachdem ich die Aktie im August 02 für $3 empfohlen habe (leider habe ich damals bei $10 wieder verkauft) hielt ich sie im Bereich für über $20 für zu teuer.

Bei einer prognostiziertem Gewinn von $0.60 komme ich für 2004 KGV von 25. Ich persönlich halte die Gewinnschätzung für sehr konstervativ. Im vergangenen Jahr hat LEXR schon $0.50 EPS fully diluted verdient, ich vermute eine höhere Steigerung in diesem Jahr als 20%, da im letzten Quartal fast der 3fache Umsatz wie im Vorjahresquartal ausgewiesen wurde.

Ich denke, dass wir vor Jahresfrist wieder Kurse um die $25-$30 sehen werden. LEXR wird von gegen Ende des Jahres von fallenden Flash Preisen profitieren, wenn Hynix und möglicherwiese auch Infineon auf dem Markt kommen. Fallende Preise bedeuten höhere Stückzahlen, und das ist das, womit LEXR sein Geld macht.

Fundamental ist LEXR zu $14 für mich ein klarer Kauf. Chartechnisch hingegen bin ich im Moment nicht so sicher. Ich vermute, das der nächste günstige Einstiegszeitpunkt erst in der Nähe der Bekanntgabe der nächsten Quartalszahlen liegen wird, da diese saisonal bedingt sehr viel schlechter sein werden, und sich vorher zumindest niemand wirklich herantrauen wird.

Was sagen die Chartisten hier im Board?

NoamX

[Dere]

Ich rechne für 2004 eher mit 0,80 bis 0,85 §.

Charttechnisch gebe ich dir recht, schaut nicht so gut aus.
Aber ob man LEXR nochmal viel günstiger bekommt als jetzt.

Wobei ich wohl auch ander´s denken würde wenn ich LEXR
schon mal bei 3 § im Depot gehabt hätte. Alles relativ.

Gruß Dere

[Dere]

Lexar Media Wins Prestigious Industry Awards for Professional CompactFlash and Image Rescue 2.0
WEDNESDAY, MARCH 03, 2004 8:00 AM
- PR Newswire


LEXR
15.29 +0.75




FREMONT, Calif., Mar 3, 2004 /PRNewswire-FirstCall via COMTEX/ -- Lexar Media, Inc. (LEXR) , a leading marketer and manufacturer of high-performance digital media and accessories, is pleased to announce that the company has been awarded a "Gold" designation for Best CompactFlash in the Photo Industry Awards 2004, as voted by the United Kingdom-based publication, The Photographer Magazine, and its partner, the prestigious British Institute of Professional Photography (BIPP).

"We would like to thank the members of the BIPP for voting Lexar`s Professional memory cards `Best in Class` for three years in a row," said Tessa Board, Managing Director, Lexar Media Europe. "This award is judged by photography professionals who use top-notch equipment day in and day out, and is an important endorsement of our CompactFlash and support for the pro arena."

Recently, Lexar Media`s 2-gigabyte Professional Series CompactFlash also won two distinguished U.S. awards, a Cool2 Award from PEI magazine (January/February 2004) and a 2003 Hot1 Award from Professional Photographer magazine (October 2003). Both photographic magazines cited the capacity of Lexar`s 2GB Professional card as a key benefit. Additionally, PEI magazine recognized the speed of Lexar`s 2GB card, while Professional Photographer magazine called out the card`s "price for performance" benefit.

Lexar Media was also honored with a second Cool2 Award from PEI magazine, for its image recovery software, Image Rescue 2.0. The magazine recognized that Image Rescue 2.0 relieved most of the stress associated with accidentally losing valuable images, by recovering images from any type of memory card.

About Lexar Media, Inc.

Lexar Media is a leading marketer and manufacturer of flash memory cards, USB flash drives, card readers and ATA controller technology for the digital photography, consumer electronics, industrial and communications markets. The company holds over 70 issued and allowed controller and system patents, and licenses its technology to companies including Olympus, Samsung Electronics and Sony. For more information, please call 1-800-789-9418 or visit www.lexarmedia.com.

Cautionary Note Regarding Forward-Looking Statements

This release contains forward-looking statements which are subject to the safe harbor provisions of the Private Litigation Reform Act of 1995. These statements include statements related to the benefits of and consumer demand for Lexar Media`s products and the growth opportunities available to Lexar Media. These forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those anticipated by these forward-looking statements. These risks include that Lexar Media`s growth and success depends on its ability to achieve and maintain technology leadership and sell and market products that are commercially accepted. Readers should also refer to the risk factors described in Lexar Media`s filings with the SEC, including its most recently filed Form 10-K and Form 10-Q. Lexar Media assumes no obligation to update the information in this release.

NOTE: Lexar Media, JumpDrive and the Lexar Media logo are trademarks of Lexar Media, Inc. Lexar Media, Inc. is an authorized licensee of the CompactFlash trademark. All other brand or product names are trademarks or registered trademarks of their respective holders.

SOURCE Lexar Media, Inc.

Scott Signore of Lexar Media, [phone], or
[e-mail]


http://www.lexarmedia.com

[Dere]

Na also das schlimmste scheint überstanden zu sein.

Chartechnisch laufen wir wieder langsam aber sicher wieder
gen Norden. Ähnelt stark dem Jahr 2003. Nach einem
Durchhänger von Dez-April ging ab Mai die Post ab.

Gruß
Dere

PS: ich weiß garnicht mehr Holle ob du noch in LEXR investiert bist.

[Dere]

9:48am 03/23/04 Lexar Media started at `outperform` at RBC Capital - CBS MarketWatch.com

[Dere]

US | NASDAQ | Lexar Media


Lexar Media initiated with "outperform" - update

Wednesday, March 24, 2004 7:31:13 AM ET
RBC Capital Markets

NEW YORK, March 24 (New Ratings) – Analyst Satya Chillara of RBC Capital Markets initiates coverage of Lexar Media (LEXR) with an "outperform" rating. The target price is set to $18.

Shares of Lexar Media, a provider of high-performance flash cards and connectivity products for the digital photography market, are currently trading at $14.21.

According to RBC Capital Markets’ research note published yesterday, the company is one of the market leaders in the NAND flash card, USB drives and cell phone segments. The analyst observes that Lexar Media’s retail presence has increased considerably in the last two years. RBC Capital Markets mentions that the company’s 2003 revenues were boosted by its shipment growth, retail expansion and strong USB drives market. The analyst expects this revenue growth trend to continue in the near term.

RBC Capital Markets mentions that Lexar Media’s strong controller IP may dilute the negative impact of the increased G&A costs in the near term. The analyst mentions that the company’s gross margins and royalty revenues are likely to stop declining in the near future. RBC Capital Markets expresses its optimism regarding the company’s growth outlook in 2004 and 2005. According to the analyst, Lexar Media’s stock has considerable upside potential in the near term and is an attractive investment option.

The EPS estimates for 2003, 2004 and 2005 are $0.47, $0.69 and $0.83, respectively. The P/E estimates for 2003, 2004 and 2005 are 30.23x, 20.59x and 17.12x, respectively.

RBC Capital Markets initiates coverage of Lexar Media with an "outperform" rating.

[Dere]

Lexar Media Schedules First Quarter Conference Call
THURSDAY, APRIL 01, 2004 12:19 PM
- BusinessWire




LEXR
17.82 +0.55





Enter Symbol:



Enter Keyword:



FREMONT, Calif., Apr 1, 2004 (BUSINESS WIRE) -- Lexar Media (LEXR) is scheduled to report financial results for the first quarter on Thursday, April 15, 2004 after the market close. The Company will host a conference call to discuss its financial results and outlook at 2:00 p.m. PT (5:00 p.m. ET).

To participate on the live call, analysts and investors should dial 800-219-6110 at least ten minutes prior to the call. The call will also be webcast and can be accessed from Lexar Media`s investor relations web site at http://www.lexarmedia.com/ir/. A telephonic replay will also be available until 11:59 pm PT on Monday, April 19, 2004 by dialing 800-405-2236 and entering the passcode: 575190#


Der Ausblick ist entscheidend!!!

Gruß Dere

[Dere]

SanDisk to Announce First Quarter 2004 Financial Results
MONDAY, MARCH 29, 2004 8:30 AM
- BusinessWire




SNDK
31.99 +0.54



SUNNYVALE, Calif., Mar 29, 2004 (BUSINESS WIRE) -- SanDisk Corporation (SNDK) plans to announce its first quarter 2004 financial results after the market close on Wednesday, April 14, 2004

[Quappo]

@ Dere

Gratuliere zu Deiner Einschätzung. Bist voll richtig gelegen. Nur schade, daß ich nicht auf Dich gehört hab.

Pax
Quappo

[Dere]

@ Quappo

Kann man nichts machen. Dafür läuft bei dir die Intac nicht
schlecht.
Cardero hast du ja auch noch, läuft auch nicht schlecht.
Habe heute meine Pos. Cardero nochmal aufgestockt.

Was sagst du zu HQNT (am Freitag hab ich´s dir noch gesagt-
vielleicht geht´s ja noch weiter runter zum Neueinstieg bzw. für mich nachkaufen)

See you

Dere

[Dere]

SanDisk verliert nachdem Toshiba Investition für neues Werk erhöht

Wie am Dienstag seitens der Toshiba Corp. mitgeteilt wurde, werden sich die Investitionen in ein neues Werk zur Produktion von Flash-Speichern von ursprünglich 1,9 auf 2,5 Mrd. Dollar erhöhen.

Den Plänen zu Folge wird Toshiba für die Errichtung des Werkes allein aufkommen. Bei der Ausstattung mit technischem Gerät werden die Kosten mit den Flash-Speicher Spezialisten SanDisk Corp. geteilt.

Nach Auskunft von Toshiba wird das Werk zur Jahresmitte zunächst mit der 90 Nanometer-Technologie anlaufen und einen Output von 10.000 Wafern pro Monat haben. Die Kapazität soll auf rund 37.500 steigen. Der Platz würde bei zusätzlichen Investitionen auch für über 60.000 Wafer im Monat ausreichen.

Von April bis September 2006 ist die Umstellung auf 70 Nanometer-Technologie geplant. 2007 soll auf 50 Nanometer umgestellt werden. Während der Expansionsphase wird der Output zwischen Toshiba und SanDisk halbiert. Bis Juni 2004 soll ein Vertrag die genauen Konditionen der Kooperation regeln.

SanDisk wird am Mittwoch die Zahlen des abgelaufenen Quartals veröffentlichen. Analysten erwarten einen Gewinn von 0,32 Dollar je Aktie bei einem Umsatz von 373 Mio. Dollar.

Die SanDisk-Aktien 3,42 Prozent und sinken auf 31,36 Dollar. Toshiba stieg in Frankfurt um 8,42 Prozent auf 4,12 Euro.

[Dere]

Lexar Media First Quarter Revenues Grow 202% Year over Year
THURSDAY, APRIL 15, 2004 4:15 PM
- PR Newswire




LEXR
15.45 -1.60





Enter Symbol:



Enter Keyword:



FREMONT, Calif., Apr 15, 2004 /PRNewswire-FirstCall via COMTEX/ -- Lexar Media, Inc. (LEXR) , a leading manufacturer and marketer of high-performance digital media and accessories, today reported financial results for the first quarter ended March 31, 2004.

Total first quarter revenues of $164.7 million increased 202% from $54.6 million in the same period last year and decreased 7% sequentially from $177.5 million in the preceding quarter. Product revenues of $161.1 million increased 220% from $50.3 million in the same period last year and decreased 7% from $172.8 million in the preceding quarter. Net income was $9.4 million, or $0.11 per diluted share, as compared to $4.3 million, or $0.06 per diluted share, in the same period last year and $18.9 million, or $0.21 per diluted share, in the fourth quarter of 2003.

"First quarter revenues more than tripled compared to the same period last year and we saw a smaller than anticipated sequential revenue decline from our seasonally high fourth quarter," said Eric Stang, Lexar Media`s chairman, CEO and president. "Our top and bottom line results surpassed our guidance and we reported positive operating cash flow during the quarter. Consumers worldwide continued to show strong demand for Lexar Media products and we expanded our retail presence to over 48,000 storefronts including several new high profile retailers. We announced numerous new product innovations during the quarter including our 80X speed rated products, 8GB CompactFlash(TM) card, and new applications of our JumpDrive(R) storage and entertainment products, and we began shipments of mini-SD cards worldwide."


Corporate Highlights
Lexar Media recently:

-- Introduced the 8GB Professional Series CompactFlash card, the highest
capacity memory card available in the world today that delivers a 40X
speed-rating.
-- Introduced its family of miniSD cards, available worldwide in
capacities of 32MB, 64MB and 128MB, which are specifically designed for
portable, storage-intensive devices, such as camera phones, digital
still and video cameras, MP3 players and PDAs.
-- Introduced Lexar`s(R) Secure Digital (SD) memory cards speed-rated at
60X, which signifies a minimum sustained write speed capability of 9MB
per second, ideal for digital imaging applications requiring sustained
high speed, such as shooting digital video; and doubled its highest
capacity Secure Digital (SD) memory card to 1 gigabyte, which allows
users to capture more digital pictures, store more digital video, and
listen to MP3s for longer periods of time.
-- Doubled the minimum sustained write speed capability of its
Professional Series CompactFlash (CF) product line to 80X, or 12MB per
second, providing the fastest CompactFlash cards with guaranteed write
speeds available; and introduced a 32-bit CompactFlash (CF) CardBus
reader, designed to enable the quick and convenient transfer of digital
images to notebook computers.
-- Updated its Memory Stick(TM) product line to include significantly
increased read speeds, available in capacities of 64MB, 128MB and
256MB, that have delivery speeds up to four times faster than current
cards.
-- Commenced retail shipments in Europe of JumpDrive Sport and JumpDrive
Elite, the new members of Lexar`s market-leading family of USB flash
drives.
-- Expanded its JumpDrive USB flash drives with the addition of Traveler
2.0, offering expanded product capabilities including support for
Microsoft Outlook; introduced JumpDrive Photo, a 40X speed-rated, large
capacity USB 2.0 flash drive designed to satisfy the needs of
professional photographers; and introduced the JumpDrive 2.0 Pro 80X
featuring a minimum sustained read and write speed capability equal to
twelve megabytes per second.
-- Became the exclusive retail distributor of Photo Mechanic, the popular
image management software by Camera Bits used by professional
photographers to easily view, organize and process digital images on a
computer.
-- Announced its ongoing relationship as the supplier of digital media
cards to the professional photographers at Sports Illustrated.
-- Received a `Gold` designation for Best CompactFlash in the Photo
Industry Awards 2004, as voted by the UK-based publication, The
Photographer Magazine, and its partner, the prestigious British
Institute of Professional Photography.


Financial Outlook

Mr. Stang continued, "After several quarters of relatively stable average selling prices, second quarter price declines will be sizeable. These declines are occurring a quarter sooner than anticipated given the current supply environment in the flash industry. Lexar Media`s fabless business model provides us optimum flexibility in dynamic business climates, and we are optimistic about the second half of the year since we expect flash prices will decline as supply increases from both existing suppliers and new entrants. While the second quarter is difficult to forecast as we work to realign supply costs, our outlook, at this time, is for revenues of at least $190 million and breakeven to slightly positive net income. Given continued robust demand in our markets and Lexar`s leadership position, we believe we will exceed our prior revenue growth projections for all of 2004. For 2004, we currently expect revenues to nearly double to at least $800 million, with EPS of approximately $0.60."

[NoamX]

Moin,

Nun, die Kursbewegnung war eindeutig. Wahrscheinlich aber überzogen. Wenn ich am Sonntag Zeit habe, werde ich mir vielleicht noch einmal die jetzt neuen Fudnamentals durch den Kopf gehen lassen.

Im Prinzip war ja der Neuigkeitswert der News beschränkt: Das im Speicherbereich die Preise fallen, war ja schon immer so. 20% Preisverfall seitens der Produktion führt auch zuerst einmal zu niedrigeren Einstandspreisen für LEXR. Ob der ASP (Kundenendpreis) ebenso schnell verfällt hängt letztlich davon ab, bei welchem Preis sich das neue Marktgleichgewicht bildet.

Wie dem auch sei, ich gehe erst einnmal davon aus, dass sich die Nettomarge von LEXR nicht verändert (Allerdings der Gewinn). Ob das bei der auch bisherigen moderaten Bewertung von LEXR einen Preisrückgang von 30% rechtfertigt, will ich mal bezweifeln.

Zum Glück war ich bisher nicht neu eingestiegen - wie erwähnt eher aus technischen und nicht aus fundamentalen Gründen. Ich werde auch jetzt erst die Bodenbildung abwarten. Momentan schätze ich das Risiko höher ein, Geld zu verlieren, als das Risiko, bei anziehenden Kursen evtl. etwas auf dem Tisch liegen zu lassen.

Kurzfristig: Sell
Langfristig: Buy

JMHO.

Michael

[Dere]

Bin mal gespannt wann wir das Gap schließen. Ich halte
LEXR langfristig bei diesen Kursen für einen klaren Kauf.

Klasse Wachstumsraten, relativ geringe Marktkap.
Ok der Gewinn will noch nicht so richtig sprudeln.
Irgendwann werden sich die Shortis auch wieder eindecken müssen.

Gruß Dere

[Dere]

Bin mal gespannt wann wir das Gap schließen. Ich halte
LEXR langfristig bei diesen Kursen für einen klaren Kauf.

Klasse Wachstumsraten, relativ geringe Marktkap.
Ok der Gewinn will noch nicht so richtig sprudeln.
Irgendwann werden sich die Shortis auch wieder eindecken müssen.

Gruß Dere