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Message: RE: Is this what everyone in EDIG is hoping for?// No, more like this...

RE: Is this what everyone in EDIG is hoping for?// No, more like this...

posted on Jun 01, 2005 02:30PM

``PortalPlayer swings to quarterly profit (PLAY) By Chelsea Bellows

SAN FRANCISCO (MarketWatch) - PortalPlayer Inc. (PLAY) Thursday after the closing bell reported first-quarter earnings of $7.8 million, or 31 cents a share. Last year, the company reported a loss of $2.4 million, or $15.37 a share. Revenue for the quarter was $44.5 million vs. $10.2 million last year. For the second quarter, the company forecast earnings of 19 cents to 25 cents a share on revenue of $41.6 million to $47.6 million.``

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Growing revenues and earnings would be nice, whether it`s based on a single product concept or licensing of the technology or both.

Congrats to those who have positioned low on other issues now starting to make their move.

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