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Alias Born 03/28/2001

Re: None

Thursday, 04/12/2001 5:57:50 PM

Thursday, April 12, 2001 5:57:50 PM

Post# of 93813
Hmm..something to think about from ITRU..

I think they're talking about 200K chips...And I seem to remember something about somebody needing a letter of credit...
Might be nothing...might be something...

FROM ITRU PR TODAY:
Our first quarter revenue was less than we expected for two reasons,"
said David Ludvigson, president of InterTrust Technologies. "Our hardware
revenue comes from a customer who delayed chip requirements, resulting in
minimal shipments during the quarter. Second, while licensing and support
revenues are essentially equal to the prior quarter, financing difficulties
for several of our licensees caused us to recognize less revenue than
anticipated from licenses and support contracts that we had entered into in
prior quarters."


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